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BRIEF-MMG Sees FY Production Between 310,000 -330,000 Tonnes Of Copper In Copper Concentrate

Commodities Apr 22, 2021 20:06
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April 22 (Reuters) - MMG Ltd 1208.HK :

* FULL YEAR PRODUCTION FOR 2021 IS STILL EXPECTED TO BE BETWEEN 310,000 AND 330,000 TONNES OF COPPER IN COPPER CONCENTRATE

* C1 COST GUIDANCE REMAINS AT US$1.10-1.20/LB FOR 2021

* HIGHER PRODUCTION RATES FOR BOTH LAS BAMBAS AND KINSEVERE ARE EXPECTED IN SECOND HALF OF 2021 AND FULL YEAR

* Q1 TOTAL ZINC PRODUCTION 68,399 TONNES, UP 29%

* QTRLY TOTAL COPPER PRODUCTION 77,328 TONNES, DOWN 16%

* SEES COPPER CATHODE PRODUCTION FOR 2021 OF 50,000 TO 60,000 TONNES

* DUGALD RIVER EXPECTED TO PRODUCE 180,000-190,000 TONNES OF ZINC IN ZINC CONCENTRATE IN 2021

* Q1 TOTAL COPPER CATHODE PRODUCTION 12,490 TONNES, DOWN 31%

BRIEF-MMG Sees FY Production Between 310,000 -330,000 Tonnes Of Copper In Copper Concentrate
 

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