#Latest news with #ChinaMinmetalsCorpBloomberg31-03-2025BusinessBloombergMMG Seeks to Reassure Investors Amid Peru ‘Illegal' Copper BoomChinese-owned metals producer MMG Ltd. attempted to reassure investors about its prospects in Peru, saying a surge in 'illegal' mining activity in the country isn't affecting its copper production or development plans. The company — a unit of state-owned China Minmetals Corp. — shared concerns with the Peruvian government about a 'significant increase in illegal mining activity,' MMG said in a March 31 post on its website. The firm's shares in Hong Kong fell as much as 6.1% on Monday, more than most peers.
Bloomberg31-03-2025BusinessBloombergMMG Seeks to Reassure Investors Amid Peru ‘Illegal' Copper BoomChinese-owned metals producer MMG Ltd. attempted to reassure investors about its prospects in Peru, saying a surge in 'illegal' mining activity in the country isn't affecting its copper production or development plans. The company — a unit of state-owned China Minmetals Corp. — shared concerns with the Peruvian government about a 'significant increase in illegal mining activity,' MMG said in a March 31 post on its website. The firm's shares in Hong Kong fell as much as 6.1% on Monday, more than most peers.
31-03-2025
