MMG

MMG has resumed operations at the Peruvian copper mine Las Bambas after a fatal accident and a brief production halt. The stock opened nearly 3% higher but then hardly gained further, as safety incidents make institutional investors cautious. Las Bambas is MMG's largest asset and is critical to the 2026 production forecast of 380,000–400,000 tonnes of copper. » Mere på de.investing.com

MMG resumed operations at the Peruvian Las Bambas copper mine and its associated processing plant on August 21, after production had been suspended since August 19 due to an accident. Two workers were killed in the incident and three others were injured. MMG shares listed in Hong Kong then rose 2.8% to HK$9.59. Las Bambas is one of the world’s largest copper mines and a significant revenue driver for MMG. » Mere på de.investing.com

The European Commission has resumed its investigation into MMG's acquisition of Anglo American's Brazilian nickel unit and set a deadline for a decision of 30 November. The review had been suspended after the parties failed to provide important information on time. The Commission had expressed concerns that MMG could divert ferronickel away from Europe and undermine European stainless steel production. » Mere på de.investing.com

MMG posted record revenue of USD 4.54 billion and net profit after tax of USD 1.37 billion in the first half of 2026; profit attributable to equity holders rose to around USD 900 million. Operating cash flow climbed to USD 2.23 billion, net debt fell to USD 610 million and gearing dropped to 6%. Higher copper, gold and silver prices and stable production—particularly from Las Bambas—were the drivers. MMG confirms its 2026 production and capex plans (USD 1.6–1.7 billion) and seeks further production growth; the share eased slightly after the release. » Mere på de.investing.com

MMG Ltd reported record results for 2025: revenue of $6.22 billion (+39%), EBITDA of $3.4 billion (+67%) and net profit of $955 million (+161%). The stock fell 4.8% in the last trading session after investors raised concerns about an asset impairment in the DRC ($290 million) and a slight rise in security incidents. For 2026, MMG is targeting copper production of 490,000–530,000 tonnes, zinc of 220,000–240,000 tonnes and capital expenditure of $16–17 billion. » Mere på de.investing.com