Peru's Las Bambas mine set to halt production as blockades remain, source says

Kitco Media
By Reuters
Published:
Updated:
Reuters
LIMA, Feb 1 (Reuters) - The huge Chinese-owned Las Bambas copper mine in Peru is set to halt production on Wednesday as road blockades preventing the arrival of key inputs to the site have not yet been lifted, a source close to the mine told Reuters. China's MMG Ltd said on Monday that the mine, which at normal times provides some 2% of global copper supply, would halt production of the red metal by Feb. 1 unless protests eased, potentially impacting already tight global supply. The Andean nation, the world's second-largest copper producer, has been hit by social unrest since early December, with key mines hit by road blockades and attacks by protesters. (Reporting by Alexander Villegas; Writing by Adam Jourdan)

Messaging: adam.jourdan.thomsonreuters.com@reuters.net))
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.