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mmg ltd (1208) Details

MMG Limited, an investment holding company, engages in the exploration, development and mining of zinc, copper, gold, silver, and lead deposits. The company operates the Las Bambas copper development project located in Cotabambas; Sepon open-pit copper mine located in Southern Laos; and Kinsevere open-pit copper mine in the Katanga province of the Democratic Republic of the Congo. It also operates Rosebery underground polymetallic base metal mine located in Tasmania west coast; and Golden Grove underground and open-pit base and precious metals mine located in Western Australia’s mid-west. In addition, the company has exploration and development projects in Australia, Africa, and the Americas. Further, MMG Limited provides management and employment, treasury, and financial services. The company was formerly known as Minmetals Resources Limited and changed its name to MMG Limited in September 2012. MMG Limited was incorporated in 1988 and is headquartered in Melbourne, Australia. MMG Limited is a subsidiary of China Minmetals Corporation.

5,210 Employees
Last Reported Date: 04/20/17
Founded in 1988

mmg ltd (1208) Top Compensated Officers

Executive
Total Annual Compensation: $4.2M
Executive General Manager of China & Strategy...
Total Annual Compensation: $1.2M
Compensation as of Fiscal Year 2016.
mmg ltd
MMG Limited Announces Resignation of Marcelo Hubmeyer De Almeida Bastos as Chief Operating Officer and A Member of the Executive Committee

The board of directors of MMG Limited announced that Mr. Marcelo Hubmeyer de Almeida Bastos has given three months' notice of his resignation as Chief Operating Officer (COO) and a member of the Executive Committee of the company. Mr. Bastos is 54 years old and has been with the company since June 2011 as COO with responsibility for all operating assets. Mr. Bastos has advised that his resignation is for personal reasons and that he intends to continue to pursue further opportunities as a non-executive director. Mr. Bastos will assist to facilitate a smooth transition.

MMG Limited Presents at Macquarie Greater China Conference 2017, Apr-24-2017

MMG Limited Presents at Macquarie Greater China Conference 2017, Apr-24-2017 . Venue: Grand Hyatt Hong Kong, 1 Harbour Road, Hong Kong.

MMG Limited Reports Production Results for the First Quarter Ended March 31, 2017; Provides Production Guidance for the Year 2017

MMG Limited reported production results for the first quarter Ended March 31, 2017. For the quarter, the company reported copper cathode production of 36,199 tonnes, total copper of 111,684 tonnes, zinc of 19,146 tonnes, and lead of 6,253 tonnes. The company expects to produce 560,000 tonnes to ­615,000 tonnes of copper and 65,000 tonnes to ­72,000 tonnes of zinc in 2017.

 

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Valuation 1208 Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.0x
Price/Book 2.7x
Price/Cash Flow 5.2x
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