Zambia Copper Mines Caught Between Miners and Chinese Investors
Copper is key to Zambia's economic success, which needs Chinese investors. But workers are being abused at Zambia's Chinese-operated mines.
Articles Tagged "Glencore"
Asia's tight spot copper market has sparked talks of hoarding
Asia’s spot copper market has stayed tight despite dwindling LME stocks, sparking suspicion that major trading houses, including Glencore and Red Kite, are hoarding to boost prices. For full story, click here
Glencore's Zambian unit will keep Copper mines open
Glencore International AG’s Zambian unit, Mopani Copper Mines Plc, will keep mining at its Nkana and Mufulira mines in the country after price of metal rebounded. For full story, click here
Zambia prepares to take over Glencore's copper mines
Africa’s biggest copper producer, Zambia announced that it is prepared to take over two mines operated by Glencore International AG if the company halts output at the sites next month. Mines Minister, Maxwell Mwale, said: If they want to place the mines on care and maintenance they should surrender the assets to the government. For [...]
