China smelter group agrees to lower Q1 copper charges
The charges tend to fall when ore supply declines and rise when more concentrate is available.
Glencore’s Zambian unit Mopani Copper Mines Plc said on Friday it had suspended operations at its Mindola north shaft after three workers were killed in a fire accident.
Mopani is one the biggest mining companies in Zambia — Africa’s No. 2 producer of the metal — with an output of around 100,000 tonnes a year. It was not immediately clear how much production would be lost owing to the suspended production.
(By Chris Mfula; Editing by James Macharia)
