Chinese miner MMG Ltd on Tuesday said it expected to declare force majeure on co...
LIMA/HONG KONG - Chinese miner MMG Ltd on Tuesday said it expected to declare force majeure on contracts for copper from its Las Bambas deposit in Peru, hit by a weeks-long blockade by an indigenous community.
“Consequently, force majeure will be declared under sales contracts,” it said, without giving further detail on the contracts that would be affected.The move comes after the indigenous community’s second-in-command said on Monday that it would not take part in negotiations aimed at ending its blockade of a road used by MMG until its leader is freed from jail.
“The company will continue to pursue active dialogue with Fuerabamba and other community representatives, as well as the authorities, to seek a safe and peaceful resolution to current concerns,” Gao added. The government of President Martin Vizcarra did not immediately respond to requests for comment. It previously denied it was behind the arrests of Gregorio Rojas, Fuerabamba’s president, or Fuerabamba’s lawyers, the brothers Jorge and Frank Chavez.
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