Commodity Origins

Las Bambas: a copper operation in Peru

Las Bambas is a mine producing copper in Apurímac region, Peru, operated by MMG. The sources report 410,834 t copper in copper concentrate for CY2025; the basis is the whole operation. In copper content, whole-operation output for CY2025 is 410,834 tonnes: about 1.8% of world copper output in 2025 and about 15% of Peru's; it is one of 11 operations on this site whose output can be stated in copper content.

Who owns and operates it?

Owners of Las Bambas
OwnerInterestAs of
MMG (operator)
MMG Group equity interest in Las Bambas JV
62.5%31 December 2025

Interests are as stated in the sources below on the date shown. Ownership changes with deals, so a stake may have changed since the date shown.

How much does it produce?

Reported output of Las Bambas
PeriodOutputBasisWhere in the source
CY2025410,834 t copper in copper concentrate
Payable copper in product sold: 390,580 t. Ore milled 53.4 Mt.
Whole operationMD&A 'Mines analysis - Las Bambas' production table, PDF p.13 · MMG Limited
CY2024322,912 t copper in copper concentrate
Payable copper sold 302,872 t
Whole operationSame table, PDF p.13 · MMG Limited

Between CY2024 and CY2025 the reported figure rose by 27.2%, in the same unit and on the same basis.

How the copper-content figure is worked out. MMG reports 410,834 tonnes of copper in copper concentrate (contained copper) for the whole operation. World mine production of copper in 2025 was 23,000,000 tonnes (USGS Mineral Commodity Summaries 2026); Peru produced 2,700,000 tonnes.

Status: operating, as of 3 March 2026.

How does it compare?

Other copper operations on this site: Escondida, Cerro Verde, Antamina, Morenci, Grasberg, Kamoa-Kakula, Kamoto Copper Company (KCC), Oyu Tolgoi, Buenavista del Cobre, Toquepala. In Peru: Cerro Verde, Antamina, Toquepala. See where copper comes from for the country totals, the country page for Peru, and MMG for its other operations here.

Sources

Method and limits