Las Bambas Site Commencing Restoring Operations

AUSTRALIA - The Company welcomes positive progress achieved via dialogue with Community, Government, Ombudsman and Church representatives. Las Bambas has reached an agreement with the community of Nueva Fuerabamba and, in response, the community has agreed to lift their current roadblocks at the Yavi Yavi farm and at Manantiales near the mine entrance.

The Government of Peru has also agreed undertakings with the district of Challhuahuacho to conclude their support for roadblocks. The company expects these agreements to lift current roadblocks restricting road transport to, and from, the Las Bambas site in Apurimac, Peru.

On the basis of successful community ratification Las Bambas expects to progressively restore mining, production and concentrate transport to normal operation. Finished stockpiles at site are currently at approximately 59,000t of contained copper in concentrate. The Company will provide a further update on production in an upcoming release.

The Company remains committed to working together with all communities and other stakeholders to seek sustainable outcomes along Peru’s most important copper logistics corridor. The primary focus continues to be the safety and security of Las Bambas people and local community members.

The company’s address is Level 23, 28 Freshwater Place, Southbank Victoria 3006, Tel: 61 3 9288 0888, www.mmg.com.