Australian-headquartered MMG has confirmed the formation of a share purchase agreement (SPA) for the acquisition of the Khoemacau operation in Botswana, which it said is one of the world’s highest quality new copper mines. The deal, worth US$1.875 billion, was confirmed 21 November and gives MMG access to a long-life operation – in excess of two decades – in a…
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Hexagon, MMG deploy Australia’s first OAS underground
Hexagon has partnered with global base metals producer MMG to deploy its HxGN MineProtect Operator Alertness System (OAS) – for the first time in Australia and in an underground mine. Full story.
Read MoreMMG selects Xu
MMG confirmed it has appointed Xu Jiqing as chairman of the company. He replaces former chairman, Jerry Jiao, who resigned his seat in March 2023 to take up the role of president for Sinochem Holdings. “I thank the board of directors of MMG sincerely for their confidence in nominating me to chair,” Xu said. “I undertake, on behalf of all…
Read MoreTwo dead at Australian zinc mine
Australian mining services provider Perenti said that following a significant search and rescue operation, two missing workers were found dead after falling down a stope at MMG’s underground zinc mine in Queensland. Full story.
Read MoreLas Bambas mine temporarily restarts after weeks-long shutdown
Fifty-one days after a group of indigenous communities in Peru commenced a protest on MMG’s Las Bambas copper mine because of the groups’ accusation of failed “social commitments,” the protestors have temporarily lifted the action.
Read More‘Social investment commitment’ protest halts Las Bambas
MMG has halted production at its Las Bambas copper mine in Peru beginning local time 20 April after nearby community members entered the operation in protest of what it has called the company’s failure to comply with “social investment commitments” to the area. MMG has staunchly rejected the claims being made by members of the Fuerabamba community, who went on-site…
Read MoreOpen road for MMG copper mine
MMG announced that a blockade in the Ccapacmarca community of Peru, which has caused transport disruptions for its Las Bambas copper mine in the Chumbivilcas province, will be lifted for 45 days. During that time, the Peruvian government will follow-up requests including the territorial status of the public road, the process of the fourth amendment of the Las Bambas environmental…
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