African Copper warns of possible closure
Thursday, February 05, 2015
The prevailing low copper prices could force closure of Mowana mine
The copper producer, which employs about 200 workers at its Thakadu and Mowana open pit mines in the northeast district, desperately needs additional money to fund operations.
The warning by African Copper comes shortly after Discovery Metals announced that it would shut its Boseto Mine near Maun in June this year, laying off about 400 workers in the process.
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