Mopani Copper Mine, a unit of Glencore has reached an agreement with a firm that supplies power to the mines which will lead to resumption of power supply to the mine, a presidential spokesperson said on Wednesday.

The power firm was expected to resume full power supply on Wednesday, August 30.

On August 11, Copperbelt Energy Corporation (CEC) restricted power supply to the mining firm from 190 megawatts to 94 megawatts after a dispute on new tariffs.

The mining firm later threatened to fire 4,700 miners after talks with the power firm stalled.

Amos Chanda, spokesperson of President Edgar Lungu said the agreement, which has been facilitated by the government, was to be amicably concluded between the two firms over an agreed period of six weeks.

The agreement comes after a meeting held with the two firms by government ministers on Tuesday, he added.

The meeting was attended by Finance Minister Felix Mutati, Energy Minister David Mabumba and Mines Minister Christopher Yaluma while directors from Glencore Limited flew in from Geneva to attend the meeting.

The mining firm is expected to inform labor unions on the negotiations in order to allay fears while other matters incidental to the power impasse will also be addressed. Enditem

Source: Xinhua/NewsGhana.com.gh