MMG suspends copper output guidance after Las Bambas protests in Peru copper Peru protests LasBambas
LIMA - Chinese miner MMG on Monday said it had suspended its copper production targets for the year following a 60% output drop due to a long protest at its Las Bambas mine in the Peruvian Andes, which significantly disrupted operations.
Las Bambas is one of the world's largest copper mines but it has been repeatedly disrupted by escalating protests since it opened in 2016, culminating in a 50-day operational shutdown earlier this year.Indigenous communities near the mine and along the dirt road it uses to transport copper onto a port have often staged protests against the mine, complaining that its immense wealth has not trickled down to them.
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