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Glencore update on COVID-19

Published by
Global Mining Review,


Glencore continues to engage with the relevant authorities, unions and other stakeholders regarding the steps being taken to minimise the impact of COVID-19 on its operations.

The company’s goal is to operate only when it can keep its people safe and healthy, while safeguarding jobs and providing support to the local communities and other key stakeholders, especially during this critical time. While the majority of its operations have not been materially impacted, the following provides an update on the impacts that have occurred at certain of its assets since 26 March 2020.

Canada

The government of Quebec has extended the order for all non-essential businesses to remain closed until 4 May. Mining has been classed an essential activity with effect from 15 April. Accordingly, the Raglan (nickel) and Matagami (zinc) operations in Quebec are analysing options to restart operations before 4 May.

Colombia

In Colombia, the President imposed a 19-day quarantine for the country from 25 March. This has now been extended to 27 April. Prodeco’s mining operations remain on care and maintenance, while the port continues to operate.

Peru

At the company’s independently managed, JV operation, Antamina (Glencore share 33.75%), a decision has been taken to de-mobilise the workforce and halt operations for a likely period of approximately 2 weeks. The primary focus of the operation is to ensure the health and safety of its workforce and surrounding communities. During suspension of operations, the camp will be thoroughly disinfected and increased protocols put in place for those arriving at and departing from site. These protocols include enhanced medical screening, transportation and social distancing measures, in accordance with Peruvian guidelines.

South Africa

The South African government has extended its nationwide lockdown to 30 April. The company’s ferroalloys and two of its coal (Middleburg and Graspan) operations currently remain on care and maintenance.

Zambia

Following Mopani’s recent announcement regarding the transition of its mining operations to care and maintenance, Glencore is currently in discussions on the way forward with the Government of Zambia.

Supporting the workforce and local communities

For all its offices and industrial assets that are continuing to operate, the company continues to implement various additional precautionary measures to protect our employees.

Its local teams are working closely with governments, health agencies and other key responders to identify their needs to provide the most effective response possible.

Read the article online at: https://www.globalminingreview.com/mining/17042020/glencore-update-on-covid-19/

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