Diversified miner South32 has announced a $160-million cut to capital expenditure over the next 15 months, with the miner also announcing a number of operational changes in response to COVID-19.
In response to a 21-day lockdown in South Africa, Soutnh32’s manganese assets in that country, along with its export coal production from the South Africa Energy Coal operation have been placed on care and maintenance for a minimum of 21 days.