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mmg withdraws las bambas copper mine guidance

Australiabased MMG is formally withdrawing its 2020 production guidance for the Las Bambas copper mine in Peru it said on Monday after the South American country extended a state of emergency

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  • Las Bambas four villages threaten to paralyze Perus

    Oct 24 2016 The future of shipments from the Las Bambas copper mine hinge on whether four villages in Apurimac accept the governments offer of a 45day truce Copper concentrate has not left Las Bambas since local residents blocked the roads leading to and from Perus largest copper mine last week when clashes left one protester dead and 20 police injured A government delegation led by

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  • MMG Ltd Profile Reuters

    MMG Formally Withdraws FullYear 2020 Guidance For Las Bambas MMGs Las Bambas mine An indigenous village in Peru agreed to end its twomonth road blockade of MMG Ltds copper mine Las Bambas

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  • Indigenous community ends blockade of Perus Las Bambas

    Apr 13 2019 Las Bambas mine one of Perus largest copper producers resumed copper transports on Saturday after indigenous communities ended a more than twomonth blockade of a

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  • Peru miners halt operations to slow coronavirus spread

    Mar 18 2020 A spokeswoman for Melbourneheadquartered MMG Ltd which runs the giant Las Bambas copper mine said it had closed its Lima office for two weeks in line with government guidance and employeees

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  • UPDATE 4Peru miners halt operations to slow coronavirus

    Mar 18 2020 A spokeswoman for Melbourneheadquartered MMG Ltd which runs the giant Las Bambas copper mine said it had closed its Lima office for two weeks in line with government guidance and employeees

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  • Nokia and Telefnica Peru to enable automated digital

    Nokia and Telefnica Peru will deploy a private LTE network for Minera Las Bambas the worlds ninth largest copper mine The private LTE network will help make mining safer more efficient and productive This deal is an example of assetintensive industries digitalizing processes and systems as they embrace the Fourth Industrial Revolution

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  • Las Bambas Mining Atlas

    Las Bambas is a Copper Mine in Peru owned by MMG General Exploration at Las Bambas commenced in March 2005 following extensive consultation with local communities Since then Xstrata Copper identified Minera For more data on production status ownership capex and other categories see the data section

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  • MMG Limited Home Facebook

    The Company produced 119575 tonnes of zinc slightly below its guidance range of 120000135000 as the production profile shifted from zinc to copper in 2016 In addition to the strong result at Las Bambas MMGs Kinsevere operation delivered a record year on safety volume and cost measures

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  • FOURTH QUARTER PRODUCTION REPORT FOR THE

    Las Bambas produced 385299 tonnes of copper in copper concentrate in 2018 with fourth quarter production up by 29 compared to the previous quarter Full year production was in line with the revised guidance range following the localised wall slippage which impacted mining rates and production during the third quarter of 2018

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  • MMG said to declare force majeure on Las Bambas copper

    Apr 09 2020 MMG Ltd declared force majeure on copper concentrate supplies from its Perubased Las Bambas mine as the government extended its state of emergency by a further two weeks Reuters reported April 9 citing four sources

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  • MMG Announcements and Notices Change to Las Bambas

    MMG advises that as a result of localised wall instability restricting access to mining in sections of the Ferrobamba pit at the Las Bambas mine copper in concentrate production in the September quarter will be below forecast rates The wall instability is localised and in the same wall as the instability that occurred in late 2017

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  • Statement Regarding Repurchase Operations Metals Mine

    From The Open Market Trading Desk the Desk at the Federal Reserve Bank of New York has released the schedule of largescale overnight and term repurchase agreement repo operations for the monthly period from April 14 2020 through May 13 2020

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  • UPDATE 1MMG sees copper output sink 20 in Q1

    Apr 23 2020 Las Bambas is among the worlds biggest copper mines and one of the major mining projects that has cut production prompting Australiabased MMG to formally withdraw

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  • MMG Construction at Las Bambas Nears Completion

    In its thirdquarter earnings report MMG Ltd gave an update on Las Bambas saying overall mechanical construction is largely complete and production totals for the company MMG CEO Andrew Michelmore said the focus at Las Bambas has now moved to precommissioning commissioning and the closeout of remaining construction activity

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  • Global Business Reports Suresh Vadnagra

    2017 was a defining year for Las Bambas We produced close to 454000 metric tons mt of copper in concentrate at a C1 cost of US099 which positions us as one of the biggest and lowest cost copper mines Las Bambas was the second largest producer of copper in Peru in 2017 and is truly in the top tier in terms of size and cost

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  • Las Bambas Project A Restriction on Indigenous Vocal

    Nov 06 2015 The demonstration against Las Bambas was the second this year for which the Peruvian government has found it necessary to declare a state of emergency These social crises may have most likely been prevented if MMG limited had observed national and international laws that called for prior consultation with indigenous communities

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  • MMG Las Bambas update MarketScreener

    MMG Limited MMG advises that as a result of localised wall instability restricting access to mining in sections of the Ferrobamba pit at the Las Bambas mine copper in concentrate production in the September quarter will be below forecast rates The wall instability is localised and in the same wall as the instability that occurred in late 2017

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  • ANNUAL REPORT 2016 Mining Intelligence and News

    construction of Las Bambas and started commercial production following an industryleading ramp up Across MMG we produced 503510 tonnes of copper exceeding our guidance range of 415000 to 477000 tonnes for the year This result was predominantly driven by the strong production at Las Bambas Las Bambas progress towards steady

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  • Challhuahuacho kicked off new round of strike against Peru

    The Las Bambas copper mine faced several rounds of community protests in 2019 On February 4 the Outsidebamba community blocked a 12km national road that crosses through the Yavi Yavi farm in Cuzco and leads to the port of Matarani Subsequently the Chumbivilcas community in Cuzco banned vehicles from passing through the mining corridor on

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  • MMG Visit to the Kinsevere copper operation Edison

    MMG has proven expertise in mine development and operation The company is in a transition phase following the 2015 Century zinc mine closure and commercial production from the c 400000 tonnes per annum Las Bambas copper mine MMG 625 in H216

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  • BRIEFMMG Formally Withdraws FullYear 2020 Guidance

    april 13 reuters mmg ltd formally withdraws its fullyear 2020 guidance for las bambas at this stage co continues to maintain existing 2020 guidance for its

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  • Commercial production achieved at Las Bambas Las Bambas

    MMG Limited HKEX 1208 ASX MMG today announced its Las Bambas copper operation in Apurimac Peru had achieved commercial production on 1 July 2016 The date of commencement of commercial production marks the time from which the site will be treated as an operation rather than a project for accounting purposes

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  • Mining Weekly MMG nixes Las Bambas copper mine guidance

    BEIJING Australiabased MMG is formally withdrawing its 2020 production guidance for the Las Bambas copper mine in Peru it said on Monday after the South American country extended a state of

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  • Copper MMG sees copper output sink 20 in Q1 confirms

    Apr 24 2020 Las Bambas is among the worlds biggest copper mines and one of the major mining projects that has cut production prompting Australiabased MMG to formally withdraw

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  • UPDATE 2MMGs Las Bambas copper mine faces production

    Oct 11 2019 Chinese miner MMG Ltd is likely to have to halt production at its Las Bambas copper mine in Peru within a week due to protests that have blocked access to

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  • MMG flags price slump on back of USChina trade war

    Jul 19 2019 Its total copper production of 101158 tonnes in the June quarter is reflective of a 16 per cent decline which is blamed on logistical disruptions at its Las Bambas mine in Peru MMG placed Las

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  • Chinas MMG curbs Las Bambas operations as Peru declares

    Mar 19 2020 MMG said the transport of concentrates and critical supplies from Las Bambas which accounts for nearly a fifth of Perus entire copper output would be

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  • Severstals Q419 FY19 net profit down MMG again halts

    Jan 31 2020 MMG again halts shipments from Las Bambas mine as blockades resume MMG Ltd again stopped deliveries from its Las Bambas copper mine in Peru after locals blocked a road to protest pollution of their lands reported The suspension will not impact production but has halted movement of supplies and blocked the transport of

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  • MMGs Las Bambas cut operations to restrict Covid19

    Mar 19 2020 Las Bambas is a joint venture project among MMG 625 a wholly owned subsidiary of Guoxin International Investment 225 and CITIC Metal 15 Earlier this month MMG issued a 2020 production guidance of 350000370000 tonnes of copper in copper concentrate from Las Bambas mine in its 2019 annual report

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  • MMGs Las Bambas Set to Be Among the Largest Copper Mines

    reported that Chinas MMG is moving forward with development at its giant Las Bambas copper mine in Peru The company signed a 490 million transportation deal this week

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