Home Foreign Glencore Proposes Loans To Ensure Production At Zambia’s Mopani Copper Mine -Letter

Glencore Proposes Loans To Ensure Production At Zambia’s Mopani Copper Mine -Letter

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JOHANNESBURG – Glencore Plc (GLEN.L) and Zambia’s state-owned mining company ZCCM-IH could jointly lend Mopani Copper Mines $200 million to help cover running costs under a proposal made by the global miner last week, a letter seen by Reuters showed.

Reporting by Helen Reid and Clara Denina; editing by Ernest Scheyder and Susan Fenton(Reuters)

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