Vedanta pays $246 million to regain Zambia copper mines
The metals and energy major plans to ramp up copper production from the mines to 300,000 tons a year and cobalt output to 6,000 tons.
Mining and transport firm Grupo Mexico said on Friday it had started the gradual reduction of its mining operations to comply with government orders to suspend non-essential activities as part of efforts to halt the spread of coronavirus.
Grupo Mexico is the largest mining company in Mexico and the third largest copper producer in the world through its subsidiary ASARCO.
(By Diego Ore)
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