South African miners hold emergency meetings amid coronavirus lockdown

By IM Staff
Published: Tuesday, 24 March 2020

Mining companies in South Africa are in emergency meetings after the country’s president ordered a three-week lockdown amid the spread of novel coronavirus (2019-nCov).

By Janie Davies, Jon Stibbs

The order means all mines and furnaces will shut down after midnight on Thursday March 26 unless they can operate remotely.

A number of sources told Fastmarkets on Tuesday that they think mass force majeure declarations are inevitable.

"There will be announcements late today; we...

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