Copper could cure Murray & Roberts cold after De Beers diamond cough

<p><img src="https://biz-file.com/c/2411/757055-240x135.jpg?5" width="240" height="135" alt="Anglo's Quellaveco project in Peru first produced copper in 2022" align="left"><br><span >Anglo's Quellaveco project in Peru first produced copper in 2022&lt;/span><p>Industry giant De Beers' recent announcement of a <a href="https://www.debeersgroup.com/media/company-news/2024/production-report-for-the-third-quarter-of-2024">production decrease of 25% in Q3 2024</a> has sent ripples throughout the mining industry, with major contractor Murray & Roberts (M&R) feeling the impact. The diamond miner's decision to reduce production comes as a response to prolonged lower demand, high inventory levels, and a focus on managing working capital. This strategic move has led to a significant decrease in production across several locations, including Botswana, Namibia, and Canada.</p><br> <a href="https://www.bizcommunity.com/article/copper-could-cure-murray-roberts-cold-after-de-beers-diamond-cough-366908a">Read more...</a> | <a href="https://www.bizcommunity.com/Request/SendToEmailRedirect.aspx?ct=1&ci=253253">Send to a friend</a></p><div style="clear:left"></div>