Glencore continues to engage with the relevant authorities, unions and other stakeholders regarding the steps we are taking to minimise the impact of COVID-19 on our operations. Our goal is to operate only when we can keep our people safe and healthy, while safeguarding jobs and providing support to our local communities and other key stakeholders especially during this critical time. While the majority of our operations have not been materially impacted, the following provides an update on the impacts that have occurred at certain of our assets since our previous update on 26 March. As previously reported, we intend to provide updated guidance in respect of 2020 production, key industrial division unit costs and capital expenditure, alongside our Q1 production report, scheduled for release on 30 April.
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, our 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 our 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 / 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. Our ferroalloys and two of our 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.
Source: Glencor |
