* Community blockade was preventing shipments from reaching
* Las Bambas expected to produce 305,000-315,000 T copper in
* Previous guidance of 350,000-370,000 T was withdrawn amid
* MMG suspends mining at Kinsevere in DRC ahead of wet
Oct 26 (Reuters) - Shipments from MMG Ltd's Las
Bambas copper mine in Peru have returned to normal after nearly
a week of disruption, the Hong Kong-listed company said on
Monday, even as it slashed its output guidance for the mine in
2020 by more than 10%.
Trucking of concentrate from Las Bambas, one of the world's
biggest copper mines, to the port of Matarani on the Pacific
Ocean was affected last week as local communities blocked the
area's main road.
"Inbound logistics continued to operate with restricted
outbound logistics for approximately six days. Trucking and
drawdown of stockpiles has resumed at normal levels," an MMG
spokeswoman told Reuters, adding that production was not hit.
MMG, which is based in Melbourne but majority-owned by China
Minmetals Corp, said in its third-quarter production report
later on Monday that trucking had resumed on Oct. 23.
It had seen similar community disruption in January and
February before coronavirus-related operating curbs led the
company in April to officially withdraw its 2020 output guidance
of 350,000-370,000 tonnes of copper in concentrate for Las
MMG now anticipates production of 305,000-315,000 tonnes
this year, it said in its third-quarter report, while cautioning
that a "high degree of operational uncertainty remains".
Peru has reported 886,214 coronavirus cases - the 11th
highest country total in the world - and 34,095 deaths,
according to a Reuters tally.
Las Bambas produced 84,086 tonnes of copper in concentrate
in July-September, up 44% quarter-on-quarter but down 13%
year-on-year. The mine's molybdenum output rose 153%
year-on-year to 1,180 tonnes after work to reduce bottlenecks.
MMG also said it had decided to temporarily suspend mining
activity at its Kinsevere copper project in the Democratic
Republic of Congo ahead of the upcoming wet season, but said
stockpiles would ensure ore processing would not be affected
until mining resumes in the second quarter of 2021.
It therefore maintained production guidance of 68,000-75,000
tonnes of copper cathode for Kinsevere in 2020.
(Reporting by Tom Daly and Melanie Burton
Editing by Uttaresh.V and David Holmes)