Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
30 January 2023 | Other

MMG halts the copper mining in Peru

Copper

On Monday, Chinese copper miner MMG Ltd reported that work at its Las Bambas mine in Peru is likely to be halted from February 1. The reason is critical supply chain disruptions. Peru is the second-largest copper producer in the world after Chile.

According to the miner, the lack of materials is caused by transport failures due to protests in Peru. Protesters block the entrances and exits from the mine.

On January 20, Glencore company also suspended the work of its copper miner Antapaccay due to these protests.

A source at MMG had informed Reuters before that work on Las Bambas would continue as long as supplies last. However, MMG has said today that supplies are already running low.

Company MarketCheese

Recommended

United States. CFTC Copper speculative net positions. The value of the indicator has decreased from 57.7K to 51.7K
13 March
South Africa. Mining Production. The value of the indicator has increased from 2.8% to 4.6%
12 March
United States. CFTC Copper speculative net positions. The value of the indicator has decreased from 58.4K to 57.7K
6 March
United States. Natural Gas Storage. The value of the indicator has increased from -38B to 35B
28 minutes ago
European Union. ECB Marginal Lending Facility. The value of the indicator remained at the same level of 2.4%
1 hour ago
Top news
European Union. Deposit Facility Rate. The value of the indicator remained at the same level of 2%
1 hour ago
European Union. ECB Interest Rate Decision. The value of the indicator remained at the same level of 2.15%
1 hour ago
United Kingdom. BoE Interest Rate Decision. The value of the indicator remained at the same level of 3.75%
Today at 12:01 PM
Switzerland. SNB Interest Rate Decision. The value of the indicator remained at the same level of 0%
Today at 8:30 AM
Japan. BoJ Interest Rate Decision. The value of the indicator remained at the same level of 0.75%
Today at 3:01 AM
All news

Forecasts

S&P 500 sell
Period: 26.03.2026 Expectation: 1100 pips
Selling SPX with $6,510 in sight is key strategy
TA Other Technical analysis FA Other Indicators Fundamental analysis
Today at 11:55 AM 11
Lyra_Moonwell1
ETHUSD sell
Period: 31.03.2026 Expectation: 130 pips
Selling ETHUSD on wave of negativity following Fed meeting
Indicators and reports FA Other Chart analysis Hot news
Today at 10:18 AM 10
Sinclair_John
USDJPY buy
Period: 10.04.2026 Expectation: 2500 pips
Investing in USDJPY with 162.00 target
Indicators and reports FA Other Chart analysis Hot news
Today at 08:49 AM 15
Reed_Marcus
Gold sell
Period: 26.03.2026 Expectation: 18000 pips
Gold selloff targets $4,700 amid stronger dollar and fewer rate cuts
Technical analysis FA Other Hot news Indicators Fundamental analysis
Today at 08:40 AM 16
Emily_Foster
Silver sell
Expectation: 4500 pips
Selling silver once $77.5 support is breached
TA Other FA Other
Today at 08:39 AM 15
Bruce_Powers
Brent sell
Period: 30.04.2026 Expectation: 400 pips
Selling Brent crude down to $97 per barrel
Indicators and reports Chart analysis
Today at 08:39 AM 13
McCarthy_Raymond
Go to forecasts