MMG resumes shipments at Las Bambas after blockade
2020-10-26 11:42:17 [Print]
Australia-based MMG has resumed transporting copper from Las Bambas mine to the Matarani port in Arequipa, Peru, after the local community ended a road blockade.
The miner had to temporarily halt shipments for six days, after protesters blocked a road at Tuntuma, 200 kilometers from the mine. The community had asked the company to pay $277,446 for development projects, according to local reports.
Minera Las Bambas met last Thursday with the representatives of Tuntuma and Collana and has reached agreements that will contribute to the development of both communities, the company said in a statement.
Las Bambas is the world's ninth-largest copper mine, with an output of between 350,000 and 370,000 tonnes of copper in concentrate previously expected for 2020, or about 2% of the world's projected production.
MMG withdrew its 2020 production forecast for Las Bambas in April, after Peru extended a state of emergency to slow the spread of COVID-19.
The miner had to temporarily halt shipments for six days, after protesters blocked a road at Tuntuma, 200 kilometers from the mine. The community had asked the company to pay $277,446 for development projects, according to local reports.
Minera Las Bambas met last Thursday with the representatives of Tuntuma and Collana and has reached agreements that will contribute to the development of both communities, the company said in a statement.
Las Bambas is the world's ninth-largest copper mine, with an output of between 350,000 and 370,000 tonnes of copper in concentrate previously expected for 2020, or about 2% of the world's projected production.
MMG withdrew its 2020 production forecast for Las Bambas in April, after Peru extended a state of emergency to slow the spread of COVID-19.
Copper Conc. 20%min Delivered China
Unit:RMB/mt Cu
China copper concentrate producers' sales volume statistics by province by month
Unit: mt
