SEHK:1208Metals and Mining
How Higher Rosebery Sales Caps Will Impact MMG Stock Investors
MMG Limited reported that its Rosebery Mine is now forecast to produce about 6,600 dry metric tonnes of concentrate per year in 2026 and 2027, prompting directors to approve higher annual caps of US$225 million under the existing sales deal with Minmetals North-Europe.
The unchanged treatment and refining charges, alongside higher forecast production and stronger copper, gold and silver reference prices, suggest MMG is leaning more heavily on Rosebery to support concentrate offtake volumes...