Las Bambas PDF
Las Bambas PDF
Las Bambas PDF
December 2016
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Important Information
The information contained in this presentation is intended solely for your personal reference and may not be reproduced, redistributed or passed
on, directly or indirectly, to any other person (whether within or outside your organisation/firm),or published, in whole or in part, for any purpose
without the prior written consent of the Company. No representation or warranty express or implied is made as to, and no reliance should be
placed on, the fairness, accuracy, completeness or correction of the information or opinions contained in this presentation. It is not the intention
to provide, and you may not rely on this presentation as providing, a complete or comprehensive analysis of the Companys financial or trading
position or prospects. The information contained in this presentation should be considered in the context of the circumstances prevailing at the
time, and has not been, and will not be, updated to reflect material developments which may occur after the date of the presentation. None of
the Company nor any of its respective affiliates, advisors or representatives, shall have any liability whatsoever (in negligence or otherwise) for
any loss or damage howsoever arising from any use of this presentation or its contents or otherwise arising in connection with this presentation.
This presentation includes forward-looking statements. Forward-looking statements include, but are not limited to, the companys growth
potential, cost projections, expected infrastructure development, capital cost expenditures, market outlook and other statements that are not
historical facts. When used in this presentation, the words such as could, plan, "estimate, expect, intend, may, "potential, should" and
similar expressions are forward-looking statements. Although MMG believes that the expectations reflected on these forward-looking statements
are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these
forward-looking statements. This presentation may contain certain information derived from official government publications, industry sources
and third parties. While we believe inclusion of such information is reasonable, such information has not been independently verified by us or
our advisors, and no representation is given as to its accuracy or completeness.
This presentation does not constitute an offer or invitation to purchase or subscribe for any securities in the United States or any other
jurisdiction and no part of it shall form the basis of or be relied upon in connection with any contract, commitment or investment decision in
relation thereto, nor does this presentation constitute a recommendation regarding the securities of the Company. This presentation is not for
distribution in the United States. Securities may not be offered or sold in the United States absent registration or exemption from registration
under the US Security Act. There will be no public offering of the Companys securities in the United States.
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The Las Bambas Joint Venture
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About MMG Limited
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MMG Limited:
Our beliefs
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Safety and sustainability
Safety is our first value TRIF of 2.1 per million
hours worked in 2015.
Safety Performance
Las Bambas TRIF of 1.01 in 2015 and 1.38 as
of June 2016.
(1) Total Recordable Injury Frequency per million hours worked. US$ 63.5 million investment in social
(2) Las Bambas safety data incorporated into MMG from January 2015.
development programs in 2015 focus on Peru,
Laos PDR and DRC.
MMG Limited:
Executive team
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MMG Limited:
Board composition
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Las Bambas:
Local, experienced team
MMG
Mine Shared
Personnel Regional
Environment Taxes Services
Administration Development
Concentrator
Plant Community Organisational I.T.
Treasury Communications
Relations Development
Maintenance
Security Industrial Risk Procurement
Relations Management
Infrastructure
Exploration
Expansion of
Resources
Major Projects
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Las Bambas is a world-class,
high-quality asset
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Las Bambas is a world-class,
high-quality asset
Total annual production capacity estimated by 2017
Mineral reserves are 7.7 million tonnes of
Copper and mineral resources are 12.7
million tonnes of Copper.
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Community engagement has been
aligned to project construction
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Las Bambas Exploration Targets and
Geology
$
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Pit Ferrobamba
The mine handles more than 160Mt of rock and ore per year.
50Mt/year of ore mined for plant processing.
Approx. 10Mt of ore will be stored in stockpiles for future treatment.
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Mining Equipment
Loading Drilling
2 P&H 320, 2 P&H 250, 2 CAT 6640 and 2
2 CAT 6060, 2 CAT 7495, 2 P&H 4100 and 1 Loader Le Torneau L2350
Sandvik T560
Carrying Ancillaries
6 Bulldozers Komatsu 475, 4 Graders
44 Trucks Komatsu 930E-4SE and 6 Trucks Caterpillar 797 F
CAT 24M and 7 Wheeldozers CAT 844H
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Crushing
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Overland Conveyor
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Concentrator Plant
Conventional Grinding + Flotation
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Grinding Area
Ore reclaimed from stockpile via eight apron feeders.
Grinding via two lines consisting of one SAG mill and one ball mill.
Capacity of 140,000 tonnes per day. Nameplate process capacity of 51.1Mt a year.
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Flotation Area
Conventional Cu Mo froth flotation plant.
28 cells in rougher scavenger circuit and 22 cells in 3rd cleaning stage.
Bulk concentrate piped to Mo separation plant adjoining bulk flotation plant.
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Water Storage
Tailings dam designed to cumulate process water for reclaim
Make-up water (0-10%) sourced from Challuahuacho River, pumped through a
23km pipeline and stored at Chuspiri Dam - capacity of 4.2M m3
Underground water also used as a back-up water source
Las Bambas recycles over 95% of its water
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Tailings Thickeners
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Control Center
Siemens PLC (S7300, 7400), with Schneider DCS
Implemented Expert System by FL Schmidt for optimum milling rates
Extending Expert System into Flotation and Tailings management
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Power
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Transportation
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Matarani Port
Berth F includes:
Exclusive train unloading building
for Las Bambas.
Exclusive 100,000 tonne
concentrate storage shed for Las
Bambas.
New pier capable of receiving
55,000 DWT Supramax Bulk
Carriers.
Shiploader with 2,000 tm/h
capacity.
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Production: Grinding throughput
Plant has running at design capacity since 22 April 5 months ramp-up
Early failures with SAG electrical cards, lines, graters, trommel plates,
cyclone pumps all resolved
Grinding throughput
180.0
160.0
Full reqt with two lines of grinding
Grinding Throughput (ktpd)
140.0
120.0
100.0
80.0
60.0
40.0
20.0
0.0
ktpd Line 1&2 (actual) Full Capacity one line Full Capacity two line ktpd Line 1&2 (bgt)
Shipments 2016
100,000.00
78,324.80 77,162.45
wmt
80,000.00
60,000.00 56,323.60
45,327.52
40,000.00 33,993.10 33,998.00
22,661.00 22,662.10
20,000.00
0.00
Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16
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Social Development
in Las Bambas
Social Scope
Region
Province
District
Las Communal
Bambas
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Communal level:
Resettlement process
Livelihood restoration includes individual Family Life Plans with a vision of securing
income generation, health and education for the Nueva Fuerabamba community.
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Fuerabamba: Before and after
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Fuerabamba: Before and after
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Fuerabamba: Before and after
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Fuerabamba: Before and after
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District Level:
Direct Investment by Las Bambas
Direct investment (100% funded by Las
Bambas):
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Province Level:
Social Fund of Las Bambas
Managed by a Joint Board:
company + government.
Impact in Apurimac
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Region Level:
Government Program of Works
Advanced royalties from Las Bambas:
total of US$ 160m allocated by the
Federal Government to Apurimac Region
(2014-2015).
Direct involvement of Las Bambas
assisting implementation of Government
programs.
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www.lasbambas.com
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