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MMG may be forced to halt Las Bambas copper operations amid Peruvian protests

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MMG may be forced to halt Las Bambas copper operations amid Peruvian protests

The ongoing anti-mining protests in Peru may force MMG Ltd. to stop production at its Las Bambas copper mine, Reuters reported Oct. 11, citing Alvaro Ossio, the mine's vice president of finance.

Roadblocks that local communities set up along a national road in late September have already delayed the company's copper shipments. If the blockade continues, the plant will run out of stock in less than a week, Ossio said in the report.

The company has already declared a partial force majeure with contractors at the site and is considering doing the same for copper sales, the executive said.

In the second quarter, MMG's copper in concentrate output fell 15% year over year to 84,695 tonnes due to disruptions at Las Bambas, where the local Fuerabamba community ended a two-month road blockade in April.