MMG Limited

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]

Former

References

  1. Our Major Shareholder MMG^
  2. Our History Oz Minerals^
  3. Minmetals launches new company amid flat demand ABC News 18 June 2009^
  4. Minmetals Resources Limited successfully acquires MMG MMG 31 December 2010^
  5. MMG commences trading on the ASX MMG 14 December 2015^
  6. Voluntary Delisting from ASX Australian Securities Exchange 1 November 2019^
  7. Mining operations MMG^
  8. Dugald River MMG^
  9. Kinsevere MMG^
  10. MMG^
  11. Las Bambas MMG^
  12. Rosebery MMG^
  13. New life for Century MMG^
  14. EMR Capital completes $US210m Golden Grove acquisition Australian Mining 1 March 2017^
  15. MMG completes sale of Sepon mine MMG 30 November 2018^