Las Bambas halt compounds South America copper woes
China-controlled miner MMG (HKG: 1208) has suspended operations at its Las Bambas mine in Peru after an accident killed two workers, adding another disruption to South American copper supply as…
China Minmetals
MMG shuts down Las Bambas copper mine as talks fail
Chinese miner MMG (HKG: 1208) is ending copper production from its Las Bambas mine in Peru on December 18 after talks with locals to end a 27-day road blockade, the latest…
MMG to shut down Las Bambas copper mine by mid-December
Chinese miner MMG will end copper production from its Las Bambas mine in Peru by mid-December following months-long road blockades that have prevented essential supplies from reaching the operation, forcing…
Vale buys Mitsui’s stake in Moatize amid plan to exit coal
Vale (NYSE: VALE) has inked a deal to acquire Mitsui & Co’s stake in the Moatize metallurgical and thermal coal mine and port project in Mozambique, as the Brazilian miner…