Zambia Copper Mine Suspends Operations, an Industrial Info Market Brief

Glencore subsidiary Mopani Copper Mines has suspended all operations at the Mindola Copper Mine in Zambia following the death of three miners in a fire. The owners would likely to reassess the situation and will try to resume production soon in order to minimize productivity loss. Glencore is currently investing more than $1.1 billion in Zambia to sink three shafts at the Mopani Copper Mine with new technology leading to a life extension of more than 25 years.