MMG confirms in talks with Glencore Xstrata to buy Las Bambas copper project

MMG, majority-owned by China Minmetals, has confirmed it is part of a consortium in talks with Glencore Xstrata to buy the Las Bambas copper project in Peru, the company said in a regulatory filing with the Hong Kong Exchange on Wednesday March 19.

MMG along with Guoxin International Investment Corp Limited and state-owned CITIC Metal Co was in talks with Glencore Xstrata, the company said.

“No binding agreement has been reached in connection...


Shivani Singh

March 19, 2014

04:55 GMT