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MMG Ltd (1208.HK)

1208.HK on Hong Kong Stock

3.39HKD
26 Apr 2019
Change (% chg)

HK$-0.05 (-1.45%)
Prev Close
HK$3.44
Open
HK$3.45
Day's High
HK$3.47
Day's Low
HK$3.32
Volume
6,255,610
Avg. Vol
16,755,081
52-wk High
HK$6.53
52-wk Low
HK$2.50

Latest Key Developments (Source: Significant Developments)

MMG Ltd Posts FY Profit For The Year Of $137.4 Mln
Wednesday, 6 Mar 2019 

March 6 (Reuters) - MMG Ltd <1208.HK>::FY PROFIT FOR THE YEAR $137.4 MILLION VERSUS $348.4 MILLION.FY CONTINUING OPERATIONS REVENUE $3,670.2 MILLION VERSUS $3,751.3 MILLION.  Full Article

MMG Ltd Posts HY Profit Attributable Of US$128.7 Mln
Monday, 20 Aug 2018 

Aug 20 (Reuters) - MMG Ltd <1208.HK>::HY PROFIT ATTRIBUTABLE US$ 128.7 MILLION VERSUS US$17.8 MILLION.HY REVENUE FROM CONTINUING OPERATIONS US$ 1,898.8 MILLION VERSUS US$1,749.8 MILLION.EXPECTS TO PRODUCE 490,000-510,000 TONNES OF COPPER AND 190,000-220,000 TONNES OF ZINC IN 2018.TOTAL CAPITAL EXPENDITURE IS EXPECTED TO BE AROUND US$400 MILLION IN 2018.  Full Article

MMG Says Qtrly ‍Copper Cathode Production 38,051 Tonnes, Down 12 Pct​
Wednesday, 24 Jan 2018 

Jan 24 (Reuters) - Mmg Ltd <1208.HK>::QTRLY ‍COPPER CATHODE PRODUCTION 38,051 TONNES, DOWN 12 PERCENT​.LAS BAMBAS DELIVERED PRODUCTION OF 121,140 TONNES OF COPPER IN COPPER CONCENTRATE FOR DEC QUARTER, 6% ABOVE SEPTEMBER QUARTER.EXPECT LAS BAMBAS TO DELIVER IN EXCESS OF 2 MILLION TONNES OF COPPER IN COPPER CONCENTRATE OVER FIRST 5 YEARS OF OPERATION.C1 UNIT COST GUIDANCE IS US$1.00-1.10/LB FOR 2018 FOR LAS BAMBAS.EXPECTS TO PRODUCE 560,000–590,000 TONNES OF COPPER & 190,000–220,0002 TONNES OF ZINC IN 2018.FY COPPER PRODUCTION OF 598,196 TONNES, UP 19 PERCENT.  Full Article

MMG Ltd Updates On Issue Of 338 Mln Convertible Redeemable Preference Shares In Unit
Friday, 29 Dec 2017 

Dec 29 (Reuters) - Mmg Ltd <1208.HK>::UPDATES ON ISSUE OF 338 MILLION CONVERTIBLE REDEEMABLE PREFERENCE SHARES IN UNIT TOPSTART LIMITED​.‍TOPSTART LTD ISSUED NOTICE TO ALBER HOLDINGS COMPANY CONFIRMING THAT TOPSTART ELECTED TO REDEEM ALL CONVERTIBLE REDEEMABLE PREFERENCE SHARES​.  Full Article

MMG Ltd Updates On Las Bambas Grinding Media Supply Agreement
Friday, 22 Dec 2017 

Dec 22 (Reuters) - Mmg Ltd <1208.HK>::‍MINERA LAS BAMBAS ELECTED TO EXERCISE ITS FIRST OPTION TO EXTEND LAS BAMBAS GRINDING MEDIA SUPPLY AGREEMENT FOR FURTHER PERIOD OF 12 MONTHS​.  Full Article

Mmg Says Mmg Dugald River Entered Sales Agreement With Minmetals North-Europe
Friday, 8 Dec 2017 

Dec 8 (Reuters) - Mmg Ltd <1208.HK>::SELLER MMG DUGALD RIVER ENTERED DUGALD RIVER ZINC CONCENTRATE SALES AGREEMENT WITH BUYER MINMETALS NORTH-EUROPE.SALE OF ABOUT 100,000 DRY METRIC TONNES OF ZINC CONCENTRATES PRODUCED BY GROUP AT ITS DUGALD RIVER MINE.  Full Article

Red Metal Co‍ Executed An Option And Joint Venture Agreement With MMG Exploration​
Sunday, 3 Dec 2017 

Dec 4 (Reuters) - Red Metal Ltd ::CO‍ EXECUTED AN OPTION AND JOINT VENTURE AGREEMENT WITH MMG EXPLORATION PTY LTD UNIT OF GLOBAL MINER MMG LIMITED (MMG)​.  Full Article

MMG says ‍Lane Xang Minerals to sell copper cathode to China Minmetals Non-Ferrous Metals ​
Friday, 10 Nov 2017 

Nov 10 (Reuters) - Mmg Ltd <1208.HK>:‍Lane Xang Minerals agrees to sell copper cathode to China Minmetals Non-Ferrous Metals Co​.Sale of ‍product between 14,000 & 17,000 metric tonnes per annum during 2018, with exact quantity to be determined by seller​.  Full Article

MMG's unit enters Dugald River Zinc Concentrate deal with Minmetals North-Europe
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - MMG Ltd <1208.HK>:Unit enters Dugald River Zinc Concentrate Sale Agreement with Minmetals North-Europe; if deal executed on 18 Oct, would value about US$12.0 million​.Unit to sell about 10,000 dry metric tonnes of zinc concentrate.  Full Article

MMG Ltd's qtrly copper cathode production down 16 pct
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - Mmg Ltd <1208.HK>:Qtrly copper (contained metal in concentrate) produced 114,472 tonnes, up 7 percent.Qtrly copper cathode production 33,416 tonnes, down 16 pct‍​.MMG expects to produce 560,000–615,000 tonnes of copper and 65,000–72,000 tonnes of zinc in 2017‍​.Dugald River Project's total development cost since August 2015 now expected between $550-570 million.  Full Article

CORRECTED-METALS-China growth propels copper prices to 9-month high

(corrects to make clear price closed up in para 4) * GRAPHIC-2019 asset returns: http://tmsnrt.rs/2jvdmXl * China data boosts metals sentiment By Zandi Shabalala LONDON, April 17 Copper prices hit a nine-month high on Wednesday as firmer-than-expected economic growth figures from China boosted expectations for higher demand in the world's top metals consumer. China's economy grew at a 6.4 percent pace in the first quarter from a year earlier, defying expectatio