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Healthcare

Glencore says it will re-start Zambia copper mines if it reaches agreement with government

JOHANNESBURG, April 20 (Reuters) - Glencore on Monday said its Zambia subsidiary Mopani Copper Mines would re-start “if an agreement is reached” with Zambia’s government, and it would then give the government notice to go on care and maintenance after 90 days.

“Mopani has submitted a proposal to the government of Zambia,” Glencore said in a written statement after Zambia’s mines ministry said the company had rescinded its earlier decision to shutter the mines.

“Mopani will continue to engage with the government on potential solutions to its current challenges,” it added. (Reporting by Helen Reid; Editing by Sandra Maler)

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