- Write by:
-
Thursday, April 16, 2020 - 6:37:11 PM
-
864 Visit
-
Print
Mining News Pro - Zambia plans to revoke the mining licences of Glencore subsidiary Mopani Copper Mines (MCM) because the company did not give enough notice before suspending its mining operations in the coronavirus crisis and other problems.
According to Mining News Pro - In a letter dated April 14 to Mopani’s chief executive Nathan Bullock, Mining Licensing Committee secretary Michael Chibonga said Mopani did not give sufficient notice to the government before placing the mines on care and maintenance.
Mopani also breached Zambia’s labour laws by sending its workers on forced leave and terminating the contracts of mining services and supplies, Chibonga said in the letter seen by Reuters.
“In view of the above, the Mining Licensing Committee intends to revoke the large-scale mining licences,” the letter said, referring to Mopani’s Nkana and Mufulira mines.
Glencore has been given seven days to explain why its licences should not be revoked.
A Mopani spokesman told Reuters that Glencore was in discussions with the government.
The miner later said in a statement that Bullock was detained at Lusaka airport in connection with the decision to place its operations on care and maintenance. He was on his way to spend time with his family in Australia and subsequently released, the statement said.
Mopani shuttered its mining operations on April 8 but continued to process material it has on site in its smelter and refinery until further notice, the company said in a statement.
The mining company had cited the impacts of a rapid decline in the copper price, critical disruptions to international mobility, transportation and supply chains arising from the coronavirus pandemic.
The shutdown is the latest disruption to the global mining sector from the pandemic, which has caused lockdowns and travel restrictions around the world.
Short Link:
https://www.miningnews.ir/En/News/516256
Mining News Pro - For the big miners, nickel is supposed to be a bright spot — a crucial battery metal that will help ...
Mining News Pro - Glencore Plc reported a steep drop in first-half profit and slashed returns to its shareholders as ...
Mining News Pro - Some of the world’s biggest mining companies are working with South Africa’s government on a 27 ...
Mining News Pro - Zambia is close to resolving a dispute with Vedanta Resources over its Konkola Copper Mines, with a ...
Mining News Pro - Glencore’s hostile bid for Teck Resources has galvanized some Canadian institutional investors, who ...
Mining News Pro - Glencore’s investors should vote against the global miner and trader’s climate progress report and in ...
Mining News Pro - The Minerals Council of Australia (MCA) and the Queensland Resources Council (QRC) have responded to ...
Mining News Pro - Investors pushing for more transparency on miner Glencore’s thermal coal production said its decision ...
Mining News Pro - Chadormalu Mining and Industrial Company ended the year 1401 while achieving annual production records ...
No comments have been posted yet ...