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Metals and Mining: Uncertainty presents opportunities

The COVID-19 outbreak presents significant challenges and is likely to have a materially negative impact on the global economy, in our view. We believe commodity prices could fall closer to trough levels in the near term and make significant cuts to mining companies’ earnings forecasts. We believe negative earnings momentum …

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Maamba advises of impending increased load shedding

Zambia’s power utility company – ZESCO Limited has warned its stakeholders that there will be increased load shedding for ten (10) days starting 8th April 2020. The company said this is due to loss of supply of 132MW from its Independent Power Producer – IPP Maamba Collieries resulting from a …

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FQM HEALTH TEAMS EXTEND SAFETY PROTOCOLS TO COVID-19

The mining firm has long made healthcare a priority in all the communities where it operates First Quantum Minerals has put in place contingency plans to deal with the global COVID-19 pandemic by further strengthening clinical healthcare facilities and stepping up prevention awareness for employees and communities surrounding its mining …

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