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Glencore to shut Zambia copper mines

Glencore to shut Zambia copper mines

Miner and commodities trader Glencore has declared force majeure at its Mopani Copper Mines unit (MCM) in Zambia and plans to suspend operations in the country for three months, mines minister Richard Musukwa said on Tuesday. Musukwa said he would not let the company...
Overview Market Close – April 07, 2020

Overview Market Close – April 07, 2020

Americas Name Value Net Change % Change DOW JONES INDUS. AVG 22,653.86 -26.13 -0.12% S&P 500 INDEX 2,659.41 -4.27 -0.16% NASDAQ COMPOSITE INDEX 7,887.26 -25.98 -0.33% NYSE COMPOSITE INDEX 10,537.04 +21.80 +0.21% S&P/TSX COMPOSITE INDEX 13,614.14 +21.44 +0.16%...
Nevada Copper pauses Pumpkin Hollow production

Nevada Copper pauses Pumpkin Hollow production

Nevada Copper has temporarily suspended production at its Pumpkin Hollow project as a result of stringent travel and workplace restrictions imposed by the state government to contain the spread of covid-19. In mid-March, the company announced it would continue...
Antofagasta halts expansion at Los Pelambres

Antofagasta halts expansion at Los Pelambres

Chilean miner Antofagasta said on Monday it had suspended a $1.3 billion expansion project at its Los Pelambres operation in the home country for an estimated four months as the coronavirus pandemic has made it impossible to carry on with work. The company has also...
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