PERU: Las Bambas Mine To Halt Production Amid Blockades
Feb-01 14:48
- [RTRS] BLOCKADES NEAR LAS BAMBAS MINE IN PERU CONTINUE, PREVENTING ARRIVAL OF KEY INPUTS TO SITE; UNDER CURRENT CONDITIONS WILL HALT PRODUCTION TODAY - SOURCE CLOSE TO FIRM
- MMG Ltd’s Las Bambas mine has halted operations due to road blockades that have prevented supplies from reaching its site, a source familiar with the situation told news outlets.
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ITALY DATA: Marginal Uptick in Dec Mfg PMI Marks 6-Months of Contraction
Jan-02 09:11
ITALY DEC MANUF. PMI 48.5 (FCST 48.6); NOV 48.4
Italy saw a marginal 0.1-point improvement to 48.5 in the December manufacturing PMI, inching up for a second consecutive month.
Highlights from the press release:
- December marked six months of contractive manufacturing activity as weak demand conditions saw production fall, albeit at a softer pace into year-end.
- Order books fell sharply again in December, however at the slowest rate of decrease since May. Backlogs continued to decline, signalling spare capacity on the back of low demand.
- Employment increased marginally.
- Prices remained elevated, although the rate of inflation was the softest since late 2020.
- Optimism strengthened to a 7-month high, amidst initial signs of improved future demand.
- Final prints for France, Germany and the Eurozone saw a 0.3-point uptick for France to 49.2, and a 0.3-point weaker final German PMI at 47.1.
MNI: EUROZONE DEC FINAL MANUF. PMI 47.8 (= FLSH); NOV 47.1
Jan-02 09:00
- MNI: EUROZONE DEC FINAL MANUF. PMI 47.8 (= FLSH); NOV 47.1
MNI: GERMANY DEC FINAL MANUF. PMI 47.1 (FLSH 47.4); NOV 46.2
Jan-02 08:55
- MNI: GERMANY DEC FINAL MANUF. PMI 47.1 (FLSH 47.4); NOV 46.2
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