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10.09.26 - 08:15
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Research: Citi Raises MMG TP to HKD12, Maintains Buy Rating (AAStocks)
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Citi updated its model for MMG (01208.HK) to reflect its 1H26 results and latest management guidance, raising its earnings forecasts for 2026 to 2028 by 3.7%, 36.3% and 14.6%, respectively, to USD1.769 billion, USD2.154 billion and USD1.861 billion.The broker raised its TP for MMG from HKD11.2 to HKD12, mainly driven by higher c......
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01.09.26 - 08:30
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Epiroc wins large equipment order for copper mine in Botswana (Cision)
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Stockholm, Sweden: Epiroc AB, a leading productivity and sustainability partner for the mining and infrastructure industries, has won a large order from global mining company MMG Limited for underground equipment for a major copper mine in Botswana.
MMG is listed on the Hong Kong stock exchange, and its major shareholder is the Chinese state-owned company China Minmetals Corp. Together with mining contractors China Huaye and 23MCC - also subsidiaries of China Minmetals - MMG ordered a fleet of Epiroc face drilling rigs, production drilling rigs, cable bolting rigs, loaders, and mine trucks....
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24.08.26 - 03:30
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MMG Resumes Operations at Peru's Las Bambas Mine (AAStocks)
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MMG (01208.HK) said the Las Bambas mine and concentrator in Peru, where a fatal accident occurred earlier, resumed operations last Fri (21st). The company continued to express its deepest condolences to the families, relatives, friends and colleagues of those affected by the accident, and will continue to provide support. (gc/da......
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19.08.26 - 11:00
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MMG : Two Employees Die in Peru's Las Bambas Mine, Three Injured (AAStocks)
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MMG (01208.HK) announced that Richard Jose Flores Rhea and Tony Nilson Gonzalez Challa died in an accident at the company's Las Bambas mine in Peru on August 18 Peru time. The two were respectively an employee of the mine and an employee of a contractor. The accident occurred while they were replacing a water pump at a purificat......
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17.08.26 - 12:15
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Research: Huatai Securities Raises MMG TP to HKD11.08, Reiterates Buy (AAStocks)
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Huatai Securities issued a report saying that MMG (01208.HK) benefited from substantial price increases in its major metals products (including copper, silver and molybdenum) and higher by-product content. The company recorded net profit of USD897 million in 1H, hitting another record high, representing a YoY increase of 163.88%......
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13.08.26 - 06:15
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Research: BofAS Raises MMG TP to HKD12 on Strong 1H26 Results (AAStocks)
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BofAS issued a report saying that MMG (01208.HK) delivered strong results for 1H26, with all major indicators showing outstanding performance. Revenue for the period rose 61% YoY to USD4.54 billion, while net profit attributable to shareholders surged 164% YoY to USD897 million, exceeding the broker's expectations and already re......
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