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Glencore’s move to cut 400,000 tonnes of cathode production in Zambia and the Democratic Republic of Congo has transformed the outlook for the copper market over the coming year, just as market participants start limbering up for annual contractual negotiations. Following on from significant cuts announced by BHP Billiton, Freeport …

China’s CNMC Luanshya Copper Mines followed Zambian law when it closed the Baluba mine and sent more than 1 600 workers on forced leave due to plunging prices and energy shortages, the company said on Monday. Zambia Government had threatened to revoke Luanshya’s mining licence if the company did not …

Glencore’s Zambian subsidiary Mopani Copper Mines will retain most of its workers even after copper production is suspended following a drop on the metal’s price, a source close to the company said on Friday. An electricity shortage in the southern African nation and weaker copper prices have put pressure on …

As Zambia’s energy-starved mines struggle with the shortfall between the country’s stalled power-generation capacity and its consistent economic growth, climate change appears to be “dealing a further blow to energy output”, states multidisciplinary consulting engineers and scientists SRK Consulting South Africa. SRK Consulting principal mining engineer Boniface Mwila highlights the …

Zambia-based copper miner Konkola Copper Mines (KCM) has affirmed that it has not made a decision to close its Nchanga underground mine or scale down operations at the Nkana refinery, following media reports alleging closures. KCM, a subsidiary of London-listed global diversified natural resources company Vedanta Resources, is one of …