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Las Bambas announces the resumption of its operations

Las Bambas announces the resumption of its operations

MMG Limitedthe parent company of La Bambas, announced the resumption of its production after the 45-day truce reached with the community of Ccapacmarca, thanks to the intermediation of the Presidency of the Council of Ministers (PCM).

Through an operations report presented to the Hong Kong Stock Exchange, where it is listed, the Chinese company welcomed the lifting of the force and blockade measures initiated on February 7, by the communities of Ccapacmarca, Sayhua, Tahuay and Huascabamba.

“During that time, the government will follow up on requests that include the territorial status of public roads, the processing of the fourth modification of the Las Bambas environmental permit, and the establishment of a local group work board,” he remarked.

The document, signed by Li Liangang, CEO and acting CEO of MMG, said the company will also plan to implement social development activities in the four communities.

“With the lifting of all other intermittent pickets affecting Las Bambas, logistics, transportation and production is set to increase to normal levels in the coming days,” he endorsed.

In addition, it clarifies that the main focus of the Australia-based firm “continues to work together with the government of Peru and the community” to comply with the commitments and agreements assumed.

“MMG remains committed to ensuring the health and safety of employees, contractors and community members involved and actively participating in a transparent and constructive dialogue,” it concludes.

Source: Larepublica

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