News: MMG Ltd Says Khoemacau FY24 Copper Production Expected To Be Between 40,000-50,000 Tonnes

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    April 23 (Reuters) - MMG Ltd 1208.HK :

    • KHOEMACAU 2024 FULL-YEAR COPPER PRODUCTION IS EXPECTED TO BE BETWEEN 40,000 AND 50,000 TONNES
    • KHOEMACAU C1 COSTS IN 2024 EXPECTED TO BE IN RANGE OF US$2.30 – US$2.65/LB
    • KHOEMACAU 2024 FULL-YEAR COPPER PRODUCTION IS EXPECTED TO BE BETWEEN 40,000 AND 50,000 TONNES
    • COMMITTED TO SUPPORTING RAMP-UP OF KHOEMACAU TO 60,000 TONNES OF COPPER PER ANNUM BY 2026
    • FULL YEAR CAPITAL COSTS AT KHOEMACAU EXPECTED TO BE IN RANGE OF US$125 MILLION - US$155 MILLION
    • QTRLY TOTAL COPPER PRODUCTION 57,397 TONNES
    • ALL OTHER PRODUCTION AND COST GUIDANCE REMAINS UNCHANGED
    • LAS BAMBAS COPPER PRODUCTION FOR 2024 IS EXPECTED TO BE IN THE RANGE OF 280,000 TO 320,000 TONNES
    • QTRLY TOTAL ZINC PRODUCTION 59,247 TONNES, UP 93%
    • QTRLY TOTAL LEAD PRODUCTION 11,383 TONNES, UP 100%
    • GOVERNMENT-DECLARED STATE OF EMERGENCY HAS BEEN EXTENDED FOR 30 DAYS STARTING FROM 5 APRIL AT LAS BAMBAS
    • KINSEVERE COPPER CATHODE PRODUCTION FOR 2024 EXPECTED TO BE IN RANGE OF 39,000 TO 44,000 TONNES

    (([email protected];))

 
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