Higher copper price drives MMG earnings

MMG expects to report a half-year net profit after tax of US$400 million, compared to a $158 million loss for the same period of 2020.

Higher copper price drives MMG earnings Higher copper price drives MMG earnings Higher copper price drives MMG earnings Higher copper price drives MMG earnings Higher copper price drives MMG earnings

MMG's Las Bambas mine in Peru

The company said stable production rates and significantly higher commodity prices had driven a material improvement in its financial performance.

Net debt was down by $1.