Our Business

Headquartered in Melbourne, Australia, MMG is a mid-tier, global producer of base metals including copper and zinc.

MMG is listed on the Hong Kong Stock Exchange (HKEx: 1208), and operates and develops copper, zinc and other base metals products across Australia, the Democratic Republic of Congo and Peru.

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Based on one of the world’s highest-grade known zinc deposits, Dugald River is located approximately 65km north-west of Cloncurry in Queensland, Australia.

2024 Guidance

Zinc: 175,000 and 190,000 tonnes of zinc in zinc concentrate

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Khoemacau is one of the world’s highest quality new copper mines located in Africa’s Kalahari Copper Belt, in Botswana.

2024 Guidance

Copper: 40,000 to 50,000 of copper in copper concentrate

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Kinsevere is a copper mine located in the Democratic Republic of the Congo (DRC), approximately 35 kilometres from Lubumbashi, Katanga Province.

2024 Guidance

Copper: 39,000 to 44,000 tonnes of copper cathode

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Las Bambas is a large, long-life copper mine located in Cotabambas in the Apurimac region of southern Peru.

2024 Guidance

Copper: 280,000 and 320,000 of copper in copper concentrate

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Rosebery is an underground polymetallic base metal mine located in the township of Rosebery in Tasmania, Australia.

2024 Guidance

Zinc: 50,000 – 60,000 tonnes of zinc in zinc concentrate

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Dugald River

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Khoemacau

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Kinsevere

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Las Bambas

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Rosebery

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Development Projects

MMG has significant growth potential through a strong regionalised exploration program and development pipeline.

Our two key development projects are the Chalcobamba ore body at Las Bambas in Apurimac, Peru and the Izok Corridor project in Nunavut, northern Canada.

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Exploration

Our exploration programs are managed and executed by the company’s regional sites, based on their respective operations. Oversight is provided by MMG’s Operations and Technical Excellence team.

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Mineral Resources and Ore Reserves

Mineral Resources and Ore Reserves underpin the enterprise value of a company and provide a basis for life of mine and annual budgets.

Mineral Resources can be defined as the concentration of material of economic interest in or on the earth’s crust, whereas Ore Reserves are the parts of a Mineral Resource that can at present be economically mined.

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