Our Business

Headquartered in Melbourne, Australia, MMG is a mid-tier, global producer of base metals including copper and zinc.

MMG is listed on the Hong Kong Stock Exchange (HKEx: 1208), and operates and develops copper, zinc and other base metals products across Australia, the Democratic Republic of Congo and Peru.

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Based on one of the world’s highest-grade known zinc deposits, Dugald River is located approximately 65km north-west of Cloncurry in Queensland, Australia.

2019 Guidance

Zinc: 165,000 – 175,000 tonnes of zinc in concentrate

Dugald River

Kinsevere is a copper mine located in the Democratic Republic of the Congo (DRC), approximately 35 kilometres from Lubumbashi, Katanga Province.

2019 Guidance

Copper: 65,000 – 70,000 tonnes of copper cathode

Kinsevere

Las Bambas is a large, long-life copper mine located in Cotabambas in the Apurimac region of southern Peru.

2019 Guidance

Copper: below 385,000 tonnes of copper in concentrate

Las Bambas

Rosebery is an underground polymetallic base metal mine located in the township of Rosebery in Tasmania, Australia.

2019 Guidance

Zinc: 85,000 – 95,000 tonnes of zinc in concentrate

Rosebery

Dugald River

Dugald River

Kinsevere

Kinsevere

Las Bambas

Las Bambas

Rosebery

Rosebery

Development Projects

MMG has significant growth potential through a strong regionalised exploration program and development pipeline.

Our two key development projects are the Chalcobamba ore body at Las Bambas in Apurimac, Peru and the Izok Corridor project in Nunavut, northern Canada.

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Exploration and Geoscience

Our exploration programs are run out of the regions and based at our operations, with the Geoscience group at Melbourne Head Office having an advisory and governance role.

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Mineral Resources and Ore Reserves

Mineral Resources and Ore Reserves underpin the enterprise value of a company and provide a basis for life of mine and annual budgets.

Mineral Resources can be defined as the concentration of material of economic interest in or on the earth’s crust, whereas Ore Reserves are the parts of a Mineral Resource that can at present be economically mined.

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