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Peru road blockades forces MMG to halt Las Bambas copper mine

From mining.com

Chinese miner MMG will have to once again halt operations at its Las Bambas copper mine, one of Peru’s largest, as community protests in the nearby province of Chumbivilcas has affected supply logistics. The blockade on public roads along Peru’s major copper transport corridor has impacted the company’s concentrate shipments and sales, the company said on Monday. While production at the asset continues, the company expects ongoing disruptions will force it to halt the operation sometime this week. MMG said the protest relate to locals demands for more logistics transport contracts, as well as classification of these ... (full story)

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  • Category: Fundamental Analysis