Las Bambas Update

08 Apr 2019 08:00 AMMedia Release

  • Media Enquiries
    • Andrea Atell
      Group Manager Corporate Affairs
      T +613 9288 0758
      M +614 7683 0491
      E Andrea.Atell@mmg.com

    • Brent Walsh
      Group Manager Strategy and Investor Relations
      T +613 9284 4170
      M +614 3310 8120
      E Brent.Walsh@mmg.com

    • Maggie Qin
      Group Manager China Relations
      +613 9288 0818
      +61 4114 65468
      Maggie.Qin@mmg.com

The Company refers to the previous update regarding Las Bambas released on 26 March 2019.

The Company welcomes positive progress achieved via dialogue with Community, Government, Ombudsman and Church representatives.

Las Bambas has reached an agreement with the community of Nueva Fuerabamba and, in response, the community has agreed to lift their current roadblocks at the Yavi Yavi farm and at Manantiales near the mine entrance.

The Government of Peru has also agreed undertakings with the district of Challhuahuacho to conclude their support for roadblocks, to be confirmed by community meetings scheduled for Monday, 8 April 2019.

Together, we expect these agreements to lift current roadblocks restricting road transport to, and from, the Las Bambas site in Apurimac, Peru.

On the basis of successful community ratification on Monday, 8 April 2019, Las Bambas expects to progressively restore mining, production and concentrate transport to normal operation. 

Finished stockpiles at site are currently at approximately 59,000t of contained copper in concentrate. The Company will provide a further update on production at the release of its March Quarter Production Report on 17 April 2019.

The Company remains committed to working together with all communities and other stakeholders to seek sustainable outcomes along Peru’s most important copper logistics corridor.

The primary focus continues to be the safety and security of Las Bambas people and local community members.

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