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 increased from 62.5K to 64.8K
23 December
United States. CFTC Copper speculative net positions. The value of the indicator has increased from 43.6K to 62.5K
19 December
United States. CFTC Copper speculative net positions. The value of the indicator has decreased from 52K to 43.6K
16 December
China. Industrial Production (YoY). The value of the indicator has decreased from 4.9% to 4.8%
15 December
United States. CFTC Copper speculative net positions. The value of the indicator has decreased from 56.4K to 52K
12 December
Top news
United States. GDP (QoQ). The value of the indicator has increased from 3.8% to 4.3%
23 December
Japan. BoJ Interest Rate Decision. The value of the indicator has increased from 0.5% to 0.75%
19 December
United States. CPI (YoY). The value of the indicator has decreased from 3% to 2.7%
18 December
European Union. ECB Interest Rate Decision. The value of the indicator remained at the same level of 2.15%
18 December
European Union. Deposit Facility Rate. The value of the indicator remained at the same level of 2%
18 December
All news

Forecasts

Gold buy
Period: 31.01.2026 Expectation: 150 pips
Buying gold on dips with $4,500 target
FA Other Chart analysis
Yesterday at 11:28 AM 74
Bruce_Powers
Tesla Inc sell
Period: 06.01.2026 Expectation: 2900 pips
Tesla stock selloff on forecasts of declining deliveries and earnings
TA Other Technical analysis FA Other Indicators Fundamental analysis
Yesterday at 10:25 AM 38
Lyra_Moonwell1
AUDUSD buy
Period: 16.01.2026 Expectation: 1000 pips
AUDUSD is consolidating ahead of renewed upside
FA Other Indicators Chart analysis
Yesterday at 09:08 AM 34
Tom_Kern
BTCUSD sell
Period: 06.01.2026 Expectation: 3125 pips
Selling BTCUSD due to lack of momentum after December consolidation
Technical analysis FA Other Indicators and reports Indicators Fundamental analysis
Yesterday at 07:01 AM 26
Emily_Foster
S&P 500 buy
Period: 15.01.2026 Expectation: 100 pips
Investing in SPX from $6,870
Indicators and reports Chart analysis
Yesterday at 04:41 AM 26
Bruce_Powers
Silver sell
Period: 09.01.2026 Expectation: 7500 pips
Silver rally stalls as prices push past $80
FA Other Indicators Chart analysis
29 December 2025 77
Tom_Kern
Go to forecasts