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Glencore’s Zambia subsidiary to resume mining operations temporarily
Glencore’s Zambian subsidiary Mopani Copper Mines (MCM) will resume mining operations for 90 days but still expects to go ahead with its initial plan to place its mining operations on care and maintenance, the local firm said on Sunday. Glencore’s original...
Copper market heading for 200,000-300,000 tonne surplus in 2020 – Antofagasta chief
The global copper market is headed for a surplus of between 200,000-300,000 tonnes in 2020, the head of miner Antofagasta told Chilean media on Saturday, with operation halts at some mines offsetting depressed demand due to the coronavirus pandemic.Iván Arriagada,...
Miners resume operations in Peru, Bolivia
Through supreme decree N° 080-2020-PCM, the Peruvian government authorized mining operators to resume activities as of May 2, 2020. According to the decree, miners are allowed to exploit, refine, store and transport minerals and metals, as well as go on with...
Economic Calendar – Week 4, May 2020
Time Zone Event Forecast Previous Sunday, May 3, 2020 -- China - Labor Day 21:30 AUD Building Approvals (MoM) 19.9% Monday, May 4, 2020 -- Japan - Greenery Day -- China - Labor Day 00:04 IDR Inflation (MoM) (Apr) 0.17% 0.10% 00:14 IDR Core Inflation (YoY) (Apr)...