MMG Limited
Mining company
From Wikipedia, the free encyclopedia
MMG Limited is a mid-tier global resources company that mines, explores and develops base metal projects around the world. MMG's largest shareholder is China Minmetals with 67.49%.[1]
History
MMG was formed in June 2009, following the purchase of the majority of assets of Oz Minerals by China Minmetals.[2][3]
In December 2010, MMG was acquired by Minmetals Resources, a subsidiary of China Minmetals and listed on the Hong Kong Stock Exchange.[1][4]
In September 2012, Minmetals Resources Limited changed its registered company name to MMG Limited to align the assets already operating as MMG with the registered company name.[1]
MMG had a secondary listing on the Australian Securities Exchange from December 2015[5] until its delisting on December 2019.[6]
Operations
MMG operate and develop copper, zinc and other base metals projects across Australia, Botswana, the Democratic Republic of the Congo and Peru.[7]
Current
- Dugald River mine in Cloncurry, Queensland[8]
- Kinsevere mine in the Democratic Republic of Congo[9]
- Khoemacau mine in the Botswana[10]
- Las Bambas copper mine in Peru (62.5%)[11]
- Rosebery mine in Tasmania[12]