MMG's first quarter copper production was 24 percent down on the prior period, largely impacted by operational challenges and community blockades which temporarily restricted inbound and outbound logistics at Las Bambas. The site faced additional disruptions to mining and production activities due to maintenance requirements and the enactment of
'The first quarter was very challenging for the entire business but particularly for our largest operation, Las Bambas. With ongoing uncertainty and fluctuations in operating activity due to restrictions imposed in response to COVID-19, we decided to withdraw guidance for 2020. We are continuing to expend considerable effort to ensure that we can return to normal operations at Las Bambas as quickly as possible and will update the market in due course,' MMG CEO
'Like the rest of the global community, MMG has been impacted by the spread of coronavirus with cases recorded in each of our host countries. We acted swiftly to implement stringent safety measures to protect our people and communities. Each of our operations has implemented business continuity plans designed to assist in limiting the potential for the virus to spread and to mitigate operational risks and impacts,' said
'I am pleased that to date we have not had any confirmed cases of COVID-19 in our business. We are committed to doing everything we can to keep our people safe,' he added.
Results at other MMG operations were close to target levels with
'MMG continues to maintain the confidence and support of our major shareholder
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