|Bid||1.460 x 0|
|Ask||1.470 x 0|
|Day's Range||1.430 - 1.480|
|52 Week Range||1.020 - 2.960|
|Beta (5Y Monthly)||2.34|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 19, 2020 - Aug 25, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||May 23, 2014|
|1y Target Est||0.60|
The Peruvian government on Wednesday authorized the intervention of the armed forces and police to unblock access to one of the country's largest copper mines, after owner Chinese miner MMG Ltd said it may have to cease production at the site. The decree, published in official newspaper El Peruano, declared a state of emergency for 30 days in an Andean area where residents have been blocking a road used by the mining company to transport concentrates for almost four weeks. The measure involves suspending the right to free transit and to hold public meetings in various locations in the Andean province of Chumbivilcas in the region of Cusco, a key mining area in the Peru, the world's no. 2 copper producer.
Operations at Las Bambas, one of Peru's largest copper minefield, will be affected by road disruption with supplies being blocked amid anti-mining protests, Chinese miner MMG Ltd said on Thursday. Access to our Las Bambas mine has been disrupted due to roadblocks and logistics have been interrupted since Sept. 22, MMG said, as protests blocked supplies from reaching their operations. Residents of Peru's southern copper belt have occupied roads and a minerals railroad to protest a construction licence the government gave to Southern Copper Corp for its $1.4 billion Tia Maria project, which has been delayed for nearly a decade due to local opposition from farmers.