CAPITAL MARKETS

Commodity prices drive MMG loss

MMG has posted a half-year net loss after tax of US$73 million, including a loss of $81 million attributable to equity holders.

 MMG CEO Geoffrey Gao speaking at the company's June half results

MMG CEO Geoffrey Gao speaking at the company's June half results

The company produced 215,527 tonnes of copper and 114,080 tonnes of zinc. EBITDA from continuing operations fell 34% to $646.7 million, with Las Bambas EBITDA dropping 25% to $541 million. The company...

Start a free trial to continue reading this article

Already have an account?

Subscribe now

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.