About: http://data.cimple.eu/news-article/7023351150091b5379004e29768b0e82a320b921bb948e478d0928c9

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About: http://data.cimple.eu/news-article/7023351150091b5379004e29768b0e82a320b921bb948e478d0928c9 Goto Sponge NotDistinct Permalink

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rdf:type	schema:NewsArticle
schema:articleBody	Mining giant Glencore says it will resume copper mining in Zambia for three months but proceed with plans to close down its operations because of falling prices and coronavirus disruption. The company last month announced a sudden halt to all operations at its subsidiary Mopani Copper Mines, sparking criticism from the government and unions, who feared thousands of jobs were at risk. "Mopani Copper Mines PLC is to restart mining operations and issue a notice of its intention to place the mining operations on care and maintenance after 90 days," Glencore said in a statement released late on Sunday. "During the 90-day period, Mopani will continue to engage with government on the potential solutions to its current challenges," it said. Separately, Mines Minister Richard Musukwa said the authorities would continue "to promote the mining industry in this critical period of COVID-19 and unstable commodity prices". Zambia is Africa's second-biggest copper-producing country after the Democratic Republic of Congo, and the sector is a major employer. Citing disruption to supply chains caused by COVID-19 and falling copper prices, Glencore announced on Thursday that it would cut capital expenditure by as much as a quarter during 2020. President Edgar Lungu has closed Zambia's borders and banned public gatherings to stem the spread of the virus. The landlocked southern African country has registered 124 coronavirus infections and three fatalities. os-mgu/ri/txw
schema:headline	Glencore resumes Zambia copper mining for just 3 months
schema:mentions	Landlocked country Commodity Capital expenditure 90 Days (film) Copper Zambia Democratic Republic of the Congo Ebola virus disease Africa Coronavirus President of the United States Coronavirus disease 2019 Kitwe Critical period Glencore Edgar Lungu
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-05-04 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	88 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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