MMG Mining News

Giant Peru mine blockade lifted after state of emergency

Copper price rally cools after threat to global supply from top 5 Las Bambas mine is averted.

Copper price drops despite outages at world's biggest mines

Strike at Escondida, export ban and smelter problems at Grasberg and community clashes at Las Bambas.

MMG’s Las Bambas copper mine forced to file new environmental plan

The move is part of the new government's strategy to rebuild trust on the project following deadly protests that halted exports from the mine in October.

Protest ends at MMG’s Las Bambas copper mine in Peru, exports to resume

The process of restoring calm in local communities and the re-opening of essential infrastructure is now underway, said the miner Monday.

Peruvian farmer who died in protest against MMG’s Las Bambas mine was shot to death — Gov’t

He is the first person to die in clashes over mining under new President Pedro Pablo Kuczynski.

Mining to boost Peruvian GDP this year despite low copper prices

The country expects around $56 billion worth of mining projects to come on stream this year.

MMG’s gigantic Las Bambas mine in Peru makes first copper shipment to China

The company shipped roughly 10,000 tonnes of copper concentrate from Las Bambas from the Port of Matarani to China on Jan. 15.

MMG’s gigantic Las Bambas mine in Peru to open next year despite protests

The copper mine, one of the world's biggest, is on track to begin production in the first quarter of 2016, despite weak prices and relentless protests against the project.

Mining protests turn deadly in Peru

State of emergency declared at Las Bambas.

MMG confirms negotiations with Glencore over Las Bambas; no guarantee of agreement

This is the first statement in which MMG has confirmed its intention to buy Las Bambas.

MMG in halt on possible deal with Glencore Xstrata over Las Bambas

Las Bambas copper mine, located in Peru, is expected to fetch between $5 and $6 billion.

Glencore could agree sale of copper mine to Minmetals this week

Peruvian copper mine Las Bambas expected to fetch $5-6 billion.

Glencore Xstrata logs $7.4bn net loss, eyes oil deal with Russia

Despite the gloomy results, the commodities giant revenues for the year jumped 9% to $232.6 billion

Las Bambas down to one major bidder, investors uneasy

Analysts question the remaining bidder's ability to finance the project.