Glencore to reopen Zambia copper mines pending agreement with government

Glencore will reverse its earlier decision to shutter its Zambia subsidiary Mopani Copper Mines (MCM) if it reaches an agreement with the Zambian government, the company said on Monday. Glencore wanted to shutter the mine due to disruption of its operations by the coronavirus crisis and low copper prices, while the mines minister has said the company is "fishing" for ways to lay off workers, and 11 000 jobs could be at risk.