Announcement • Jul 21
MMG Limited Revises Production Guidance for the Year 2026 MMG Limited revised production guidance for the year 2026. For the year, the company Las Bambas copper production guidance for 2026 remains unchanged at 380,000-400,000 tonnes of copper in copper concentrate. Kinsevere's copper cathode production guidance for 2026 remains unchanged at 65,000 to 75,000 tonnes. Khoemacau's copper production guidance for 2026 remains unchanged at 48,000 to 53,000 tonnes. Dugald River remains on track to achieve its 2026 zinc production guidance of 170,000 to 180,000 tonnes of zinc in zinc concentrate. Rosebery's zinc production guidance for 2026 remains unchanged at 45,000 to 55,000 tonnes of zinc in zinc concentrate. On a zinc equivalent basis, production remains on track within the guidance range of 125,000 to 140,000 tonnes, supported by continued contributions of precious metals. Announcement • Jul 17
MMG Limited to Report First Half, 2026 Results on Aug 11, 2026 MMG Limited announced that they will report first half, 2026 results on Aug 11, 2026 Announcement • Jul 03
MMG Limited Provides Exploration Results For Dugald River Wallaroo Copper Prospect MMG Limited provided the exploration update at Dugald River Mine. Since 2021, the MMG Dugald River team has drilled nineteen diamond holes totalling 13,688 metres into the Wallaroo Copper prospect (previously known as Target Z) as part of the Dugald River Copper Growth Program. Results from drilling at Wallaroo Copper have produced extensive anomalous copper and gold intersections in near mine hanging wall copper anomalies with nine of the nineteen holes drilled intersecting (>0.1% copper) mineralisation. Mineralisation is structurally controlled, consisting of discontinuous, fracture-fill, disseminated and massive chalcopyrite and pyrrhotite. The sulphides occur in moderately to intensively altered and folded host rocks of the Mount Roseby Corridor. The geological features observed in these intercepts are analogous to ‘orogenic’ copper deposits. Assays returned some exceptional elevated copper and gold. Mineralisation appears to be partly controlled by the lithological contact between the Mount Roseby Schist unit to the west and the Dugald slates to the east. The intersection of north-east and north-south trending structural features appear to influence the fracturing and brecciation of the altered and folded host units developing dilation and eventually leading to mineralisation. Significant assays include: DR646: 56.3m @ 0.50% Cu and 0.12g/t Au from 387.2m (incl 20.0m @ 0.99% Cu and 0.07g/t Au from 501.0m) 44m @ 0.58% Cu and 0.17g/t Au and 1078ppm Mo from 578.0m; DR662: 44.0m @ 0.50% Cu and 0.06g/t Au from 318.0m 147.0m @ 0.39% Cu and 0.06g/t Au from 390.0m (incl. 10.0m @ 1.57% Cu and 0.25g/t Au from 482.0m); DR663: 75.4m @ 0.41% Cu and 0.04g/t Au from 331.0m (incl. 7.4m @ 1.17% Cu and 0.08g/t Au from 335.9m) 17.0m @ 0.88% Cu and 0.12g/t Au from 592.0m 25.3m @ 0.61% Cu and 0.05g/t Au from 698.7m; DR664: 157.8m @ 2.02% Cu and 0.41g/t Au from 370.0m (incl. 63.8m @ 4.63% Cu and 0.97g/t Au from 464.0m) (incl. 7.1m @ 19.86% Cu and 2.13g/t Au and 1300ppm Co from 472.7m) (incl. 7.0m @ 4.57% Cu and 0.91g/t Au from 492.0m) 18.8m @ 0.70% Cu and 0.23g/t Au and 2566ppm Mo from 585.0m 50.0m @ 0.97% Cu and 0.10 g/t Au from 404.0m 63.0m @ 1.57% Cu and 0.80 g/t Au from 472.0m (incl. 6.9m @ 7.59% Cu and 2.72g/t Au from 480.0m) 97.1m @ 3.10 % Cu and 0.97 g/t Au from 393m (incl. 6.9m @ 19.93% Cu and 7.26g/t Au from 443.2m) (incl. 8.1m @ 10.13 % Cu and 2.60 g/t Au from 458.4) 143.1m @ 1.54 % Cu and 0.32 g/t Au from 371m (incl. 21m @ 3.39% Cu and 1.01g/t Au from 451.9m) (incl. 5.6m @ 10.03 % Cu and 1.15g/t Au from 483.4m) 18.0m @ 3.19 % Cu and 1.47 g/t Au from 527m (Incl 6.6m @ 5.11 % Cu and 1.94 g/t Au from 541m; DR665: DR681: DR681D1: DU4503: DU4504: 14m @ 2.23% Cu and 1.42 g/t Au from 541m. The drilling and exploration program at Dugald River has successfully delineated encouraging copper mineralisation within the broader tenement package surrounding the existing zinc-lead-silver operation. These results at Wallaroo underscore the substantial copper potential at Dugald River and demonstrate the prospectivity of the tenure for copper discoveries beyond the current primary zinc focus. MMG will continue to assess how best to maximise the value of its copper minerals at Dugald River going forward. This includes further evaluation of the exploration data, potential resource definition, and strategic options to unlock additional value for shareholders while maintaining strong operational performance at the existing zinc operation. The Dugald River Mineral System, including the Dugald River Zn-Pb-Ag ore deposit, is hosted in the Roseby Schist package located within the 3 to 4km wide north-south trending high-strain domain of the Mount Roseby Corridor. The Mount Roseby corridor lies in the northern half of the Mary Kathleen Domain, part of the Eastern succession of the Mount Isa Inlier. The Mount Roseby Corridor has experienced complex polyphase deformation and metamorphism, with at least four phases of deformation recorded in the rocks at Dugald River. This deformation resulted in widespread alteration and transposition of both stratigraphy and pre-existing structural fabrics. The Mount Roseby corridor is bordered to the west by the Knapdale Quartzite and the east by the Mount Rose Bee Fault. The Knapdale Quartzite forms a prominent range of hills within the local area. The Mount Roseby corridor is comprised of the Mount Roseby Schist Formation that includes the local hanging wall calc-silicates, Dugald River Slate package (host package of the Dugald Lode) and the Footwall Limestone. The slates and the footwall limestones are metasomatised from calcareous to carbonaceous. Overall, this package forms part of the Mount Albert Group. Copper (Cu) prospects are common around the greater Dugald River district. The Little Eva iron oxide-copper gold (IOCG) deposit, approximately 10 kilometres to the north of Dugald River Mine, is the largest and most well known in the local area. Other smaller prospects and plays occur close to Dugald including Blackard, Scanlon, Turkey Creek, Legend and Lady Clayre. These deposits make up the Eva Copper Project that is currently under development. Numerous local historic copper workings occur close to the Dugald River Zn-Pb-Ag lode. Historic copper workings along strike to the south follow the contact of the Dugald River slate and the metamorphosed calc-silicate unit of the Mount Roseby Schist. Wallaroo Flat and Godkin were some of the more advanced workings. Secondary copper minerals (e.g., malachite) occur in outcrop indicating a structural link to the surface and were clearly the target for early artisanal workings. Copper mineralisation is also persistent in the hanging wall adjacent to the Dugald River Zn-Pb-Ag lode. Massive to disseminated chalcopyrite occurs in the hanging wall of the South Mine. This mineralisation is often associated with gold and locally high in molybdenum. The second type occurs in the South Mine between the main lens and hanging wall lens with lower gold grades but with associated cobalt which is locally elevated (>1% cobalt). The hanging-wall copper-gold mineralisation occurs primarily as chalcopyrite within or at the mica schist contact but can extend into the mafic porphyry unit and folded black slate lithologies. The source of the copper in the hanging wall zones of Dugald River remain elusive. Previous efforts to determine the extent the copper mineralisation to the south had failed to intersect significant mineralisation. Announcement • Jun 16
MMG Limited has filed a Follow-on Equity Offering in the amount of HKD 6.268321 billion. MMG Limited has filed a Follow-on Equity Offering in the amount of HKD 6.268321 billion.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 705,892,000
Price\Range: HKD 8.88
Transaction Features: Subsequent Direct Listing Announcement • Mar 03
MMG Limited, Annual General Meeting, May 28, 2026 MMG Limited, Annual General Meeting, May 28, 2026. Announcement • Jan 22
MMG Limited Provides Production Guidance for the Full Year 2025 MMG Limited provided production guidance for the full year 2025. For the year, the company expects Las Bambas is targeting 400,000 tonnes of copper production, with a guided range of 380,000 tonnes 400,000 tonnes. C1 Costs for 2026 are anticipated to range between USD 1.20/lb and USD 1.40/lb. Copper production at Kinsevere is expected to range between 65,000 tonnes and 75,000 tonnes, with a focus on stabilising operations and implementing a Battery Energy Storage System (BESS) to reduce the impacts from the frequent power trips. C1 costs for 2026 are guided at USD 2.50/lb USD 2.90/lb. Copper production at Khoemacau is expected to range between 48,000 tonnes and 53,000 tonnes in copper concentrate, supported by planned access to higher-grade zones in Zone 5 North and enhanced mine development. C1 costs for 2026 are expected to be USD 2.00/lb USD 2.30/lb. Zinc production at Dugald River is expected to range between 170,000 tonnes and 180,000 tonnes in zinc concentrate, slightly below the record production set in 2025 due to the mine's progression at depth and weather-related challenges. C1 costs for 2026 are projected at USD 0.80/lb USD 0.95/lb. Zinc production at Rosebery is expected to range between 45,000 tonnes and 55,000 tonnes in zinc concentrate, with zinc equivalent production expected at 125,000 tonnes 140,000 tonnes. The mine's C1 costs for 2026 are forecast to range from negative USD 0.60/lb to negative USD 0.10/lb. Announcement • Jun 06
MMG Limited to Report First Half, 2025 Results on Aug 12, 2025 MMG Limited announced that they will report first half, 2025 results on Aug 12, 2025 Announcement • Mar 28
MMG Limited to Report Fiscal Year 2024 Results on Apr 24, 2025 MMG Limited announced that they will report fiscal year 2024 results at 4:00 PM, China Standard Time on Apr 24, 2025 Announcement • Mar 04
MMG Limited, Annual General Meeting, May 22, 2025 MMG Limited, Annual General Meeting, May 22, 2025. Announcement • Jan 23
MMG Limited to Report Fiscal Year 2024 Results on Mar 04, 2025 MMG Limited announced that they will report fiscal year 2024 results on Mar 04, 2025 Announcement • Sep 13
MMG Limited to Report First Half, 2024 Results on Sep 19, 2024 MMG Limited announced that they will report first half, 2024 results on Sep 19, 2024 Announcement • Aug 23
MMG Limited Appoints Jing Zhao (Ivo) as Executive General Manager Americas, Effective 1 September 2024 The board of directors of MMG Limited (Company) refers to the announcement made on 31 May 2024 with regard to the resignation of Mr. Jianxian Wei as Executive General Manager Americas (EGM Americas) and the appointment of Mr. Jing Zhao (Ivo) (Mr. Zhao) to the position of Interim EMG Americas with effect from 1 June 2024. The Board announced that Mr. Zhao has been appointed as the EMG Americas with effect from 1 September 2024. Prior to his appointment as the EGM Americas, Mr. Zhao was the Vice President of Sustainability & Corporate Affairs at Minera Las Bambas S.A., a non-wholly owned subsidiary of the Company since 2022. Mr. Zhao was also the Deputy Director of the International Cooperation Division of China Minmetals Corporation from 2020 to 2021. He has nearly 20 years extensive practical experience in international management and is proficient in dealing with stakeholder relations in the mining industry. Mr. Zhao holds a Bachelor's Degree in Spanish Language from the Beijing Language Culture University and a Master's Degree in Business Administration from Université du Québec à Montréal. Announcement • Jul 24
MMG Limited Provides Production Guidance for the Full Year 2024 MMG Limited provided production guidance for the full year 2024. The previous production guidance for Las Bambas, set at 280,000 to 320,000 tonnes of copper in 2024, remains unchanged. Actual production is expected to be towards the higher end of this range. Kinsevere copper cathode production guidance for 2024 remains unchanged within the range of 39,000 to 44,000 tonnes. In line with prior guidance, Khoemacau copper production for the full year of 2024 is expected to be between 40,000 and 50,000 tonnes (30,500 40,500 tonnes from 23 March 2024). Rosebery's zinc production guidance for 2024 remains within 50,000 to 60,000 tonnes, with zinc equivalent production projected between 115,000 to 130,000 tonnes. Announcement • Jun 13
MMG Limited to Report First Half, 2024 Results on Aug 13, 2024 MMG Limited announced that they will report first half, 2024 results on Aug 13, 2024 Announcement • Mar 06
MMG Limited, Annual General Meeting, May 23, 2024 MMG Limited, Annual General Meeting, May 23, 2024. Announcement • Jan 08
MMG Limited to Report Fiscal Year 2023 Results on Mar 05, 2024 MMG Limited announced that they will report fiscal year 2023 results on Mar 05, 2024 Announcement • Oct 27
MMG Limited Provides Production Guidance for the Full Year 2023 MMG Limited provided production guidance for the full year 2023. The company's revised full-year copper production guidance is now anticipated to be in the range of 328,000 to 353,000 tonnes, at the higher end of the previous guidance, primarily due to the stability in operations at Las Bambas since March. The full-year zinc production guidance is now expected to be between 188,000 and 203,000 tonnes, at the lower end of the previous guidance. This is primarily due to challenges faced with mining at depth at Rosebery and its lower than planned milled ore grades resulting from the mining sequence. Announcement • Aug 19
MMG Limited Appoints Xu Jiqing as Chairman The board of directors of MMG Limited announced that the appointment of Mr. Xu Jiqing, currently a Non-executive Director, as the chairman of the Board with effect from 18 August 2023. Mr. Xu, aged 55, was re-designated from an Executive Director to a Non-executive Director of the Company in January 2020. Prior to his redesignation, he was an Executive Director and Executive General Manager of the Company from May 2013 to December 2019 with responsibility for various areas, most recently China Relations, Marketing and Supply. Mr. Xu was also a Non- executive Director of the Company from May 2009 to May 2013. He is a member of the Company's Audit and Risk Management Committee and the Governance, Remuneration, Nomination and Sustainability Committee. Mr. Xu was appointed as President of China Minmetals Non-ferrous Metals Company Limited (CMN) in January 2020. He has been a director of CMN since February 2016. Mr. Xu holds a Bachelor's degree in Accounting from the University of International Business and Economics in the People's Republic of China (PRC), and a Master's degree in Business Administration from Saint Mary's University in Canada. He is a qualified senior accountant in the PRC, a fellowship member of the Certified General Accountants Association of Canada and a chartered professional accountant member of the Chartered Professional Accountants of British Columbia, Canada. Mr. Xu has extensive experience in strategic planning, accounting, marketing and corporate financial and risk management. Mr. Xu joined the China Minmetals Corporation Group in 1991, holding a number of management roles from 1997 in various Finance departments. He was the Vice President and Chief Financial Officer of CMN between 2005 and 2013. Announcement • Jul 14
MMG Limited Provides Exploration Update for the Las Bambas and Rosebery Mines The board of directors (Board) of MMG Limited provided the exploration update for the Las Bambas and Rosebery mines. The report is annexed to this announcement. By order of the Board. MMG Limited. MMG operates the Las Bambas copper mine in Peru and the Rosebery Mine in Tasmania, Australia. Las Bambas is a joint venture project between the operator MMG (62.5%), a wholly owned subsidiary of Guoxin International Investment Co. Ltd. (22.5%) and CITIC Metal Co. Ltd. (15.0%). Rosebery is 100% owned and operated by MMG Limited. MMG wishes to provide an update to the Hong Kong Stock Exchange on progress with exploration activities on both Las Bambas and Roseberry. This report of exploration results is voluntary and is made in accordance with the JORC Code (2012). The complete report including the "Table 1 Checklist of Assessment and Reporting Criteria" required by the JORC Code (2012) can be found on the MMG website at the following address. Ferrobamba Deeps, Las Bambas. Deep drilling below the current Ferrobamba pit has been successful at defining the depth extension and continuity of skarn and porphyry mineralisation beneath the 2022 Ore Reserve pit design. It is now recognised that potential for large tonnage 0.4% to 0.6% Cu, 200 to 500 ppm Mo, 2g/t to 4g/t Ag and 0.04g/t to 0.08g/t Au grade deposit may exist at Ferrobamba Deeps. The positive drill results received in the 2022 program are supporting ongoing studies and further drilling is planned for 2023 and 2024 to evaluate the mineralisation and determine potential mining methods including expansion of the open pit and /or an underground development. Mineralisation at Ferrobamba occurs in semicontinuous zones which are distributed around the central porphyry stocks. The Ferrobamba Deeps mineralisation, which has been intersected up to 700m below the Ore Reserve pit, has been divided into five zones. Announcement • Jun 16
MMG Limited to Report First Half, 2023 Results on Aug 15, 2023 MMG Limited announced that they will report first half, 2023 results on Aug 15, 2023 Announcement • Feb 01
MMG Limited Provides Production Guidance for the Year 2023 MMG Limited provided production guidance for the year 2023. For the year 2023, Las Bambas copper production for 2023 is expected to be in the range of 265,000 and 305,000 tonnes. Kinsevere copper cathode production for 2023 is expected to be in the range of 40,000 and 48,000 tonnes. Dugald River zinc production for 2023 is expected to be in the range of 170,000 and 185,000 tonnes of zinc in zinc concentrate. Rosebery zinc production for 2023 is expected to be in the range of 55,000 and 65,000 tonnes of zinc in zinc concentrate. Announcement • Jan 20
MMG Limited to Report Fiscal Year 2022 Results on Mar 07, 2023 MMG Limited announced that they will report fiscal year 2022 results on Mar 07, 2023