MMG suspends copper output guidance after Las Bambas protests in Peru

Chinese miner MMG on Monday said it had suspended its copper production targets for the year following a 60% output drop due to a long protest at its Las Bambas mine in the Peruvian Andes, which significantly disrupted operations.

MMG had previously expected to produce 300 000 t to 320 000 t of copper in concentrate during the year at Las Bambas. But during the first half of the year, it managed to produce only 101 000 t, the company said.