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United Kingdom

MMG Ltd (1208.HK)

1208.HK on Hong Kong Stock

3.90HKD
24 Sep 2018
Change (% chg)

HK$-0.14 (-3.47%)
Prev Close
HK$4.04
Open
HK$4.08
Day's High
HK$4.08
Day's Low
HK$3.78
Volume
20,200,702
Avg. Vol
19,434,251
52-wk High
HK$6.53
52-wk Low
HK$3.09

Latest Key Developments (Source: Significant Developments)

MMG Ltd Updates Las Bambas Production Guidance
Tuesday, 18 Sep 2018 

Sept 18 (Reuters) - MMG Ltd <1208.HK>::LAS BAMBAS COPPER IN CONCENTRATE PRODUCTION IN 2018 IS NOW LIKELY TO BE IN RANGE OF 375,000 TONNES TO 395,000 TONNES.2018 C1 COSTS ARE ALSO EXPECTED TO RISE SLIGHTLY ON LOWER VOLUMES TO US$1.10 TO US$1.20 PER POUND.  Full Article

MMG Ltd Says Jiao Jian Has Resigned As Chief Executive Officer
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - MMG Ltd <1208.HK>::JIAO JIAN HAS RESIGNED AS CHIEF EXECUTIVE OFFICER.GAO XIAOYU APPOINTED AS CEO.JIAO JIAN RE-DESIGNATED FROM EXECUTIVE DIRECTOR TO NON-EXECUTIVE DIRECTOR.GAO XIAOYU RE-DESIGNATED AS AN EXECUTIVE DIRECTOR.  Full Article

MMG Ltd Announces Sale Of Assets Associated With Sepon Mine
Thursday, 21 Jun 2018 

June 21 (Reuters) - MMG Ltd <1208.HK>::UNIT TO SELL MMG LAOS HOLDINGS TO CHIFENG JILONG GOLD MINING FOR $275 MILLION.UNIT MMG AUSTRALIA TO ENTER DEAL WITH CHIFENG JILONG GOLD MINING, MMG LAOS AND LANE XANG MINERALS TO PROVIDE TRANSITIONAL SERVICES TO LXML.AS A RESULT OF SHARE SALE, SEES NET PROFIT BEFORE TAX OF UPTO US$10 MILLION IN CO'S 2018 FINANCIAL YEAR.SHARE SALE FORMS PART OF COMPANY'S WIDER PLAN TO OPTIMISE ITS MINING ASSET PORTFOLIO.  Full Article

MMG Updates On Incident At Sepon Mine In Laos
Friday, 1 Jun 2018 

June 1 (Reuters) - MMG Ltd <1208.HK>::AN MMG LXML EMPLOYEE AT CO'S SEPON MINE IN LAOS DIED FOLLOWING A INCIDENT WHICH OCCURRED ON SITE WHILST HE WAS DRIVING A LIGHT VEHICLE.CO SAYS IT IS WORKING WITH LOCAL AUTHORITIES AND HAS INITIATED AN INVESTIGATION INTO INCIDENT.  Full Article

MMG Ltd Says Jiao Jian To Resign As CEO
Friday, 27 Apr 2018 

April 27 (Reuters) - MMG Ltd <1208.HK>::GAO XIAOYU (GEOFFREY) WILL BE APPOINTED AS THE CEO OF THE COMPANY, AND RE-DESIGNATED AS AN EXECUTIVE DIRECTOR.JIAO JIAN TO RESIGN AS CHIEF EXECUTIVE OFFICER.  Full Article

MMG Posts Qtrly Total Copper Production Of 127,751 Tonnes
Monday, 23 Apr 2018 

April 23 (Reuters) - MMG Ltd <1208.HK>::QTRLY TOTAL COPPER PRODUCTION 127,751 TONNES, DOWN 14 PERCENT.QTRLY TOTAL ZINC (CONTAINED METAL IN CONCENTRATE) PRODUCTION 47,138 TONNES, UP 146 PERCENT.MMG MAINTAINS 2018 PRODUCTION GUIDANCE OF 560,000-590,000 TONNES OF COPPER AND 190,000-220,000 TONNES OF ZINC.  Full Article

MMG Ltd Posts Posts FY Net Profit After Tax Of $348.4 Mln
Wednesday, 7 Mar 2018 

March 7 (Reuters) - Mmg Ltd <1208.HK>::FY REVENUE $‍4,143.2​ MILLION VERSUS $2,488.8 MILLION.FY NET PROFIT AFTER TAX OF $348.4 MILLION, INCLUDING $147.1 MILLION ATTRIBUTABLE TO EQUITY HOLDERS OF COMPANY, A $299.8 MILLION IMPROVEMENT ON 2016..‍ TOTAL CAPITAL EXPENDITURE IS EXPECTED TO BE BETWEEN $550 MILLION AND $600 MILLION FOR 2018​.  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

COLUMN-Nyrstar profit warning highlights zinc's disconnects: Andy Home

LONDON, Sept 24 Belgian zinc producer Nyrstar issued a profits warning last week, citing "adverse market conditions".