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MMG shares rise 2.8% as Peru copper mine resumes operations

MMG’s Hong Kong-listed shares advance after Las Bambas mine restarts following a two-day suspension triggered by a fatal accident. The copper operation is a key revenue source for the Chinese-backed miner.

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Priya Anand · Equities & Earnings Desk · 24 Aug 2026 · 04:01 · 1 min read
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MMG shares rise 2.8% as Peru copper mine resumes operations

MMG Ltd’s shares rose 2.8% in Hong Kong on Monday after the company resumed operations at its Las Bambas copper mine and processing plant in Peru.

The mine, one of the world’s largest copper producers, had been suspended for two days following an incident on August 18 that killed two workers and injured three others. Operations were halted on August 19 and restarted on August 21.

The resumption of activity at Las Bambas, a major revenue driver for MMG, supported the company’s Hong Kong-traded shares, which closed at HK$9.59, up from HK$9.33 the previous session.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Priya Anand
Equities & Earnings Desk

Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.

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