Glencore closes a number of mines in 4 international locations over coronavirus curbs – Glencore plc (OTCMKTS:GLNCY)


    Glencore (OTCPK:GLNCY +3.6%) says it has halted operations at a number of smaller mines as a consequence of authorities restrictions to curb the coronavirus unfold however its bigger operations aren’t materially affected.

    The corporate says it’s shuttering oil operations in Chad, some coal and ferroalloys operations in South Africa and Colombia, in addition to nickel and zinc mines in Canada which shall be on care and upkeep for the following three weeks.

    “So far, our bigger operations haven’t been materially impacted, nevertheless quite a lot of our smaller belongings have needed to limit or cease operations,” the corporate says.

    Source link


    Please enter your comment!
    Please enter your name here