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Commentary attributes changes to ongoing exploration, resource-to-reserve conversion drilling, and study-driven replacements or first-time reporting at listed operations.",{"@graph":14,"@context":73},[15,34,56],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/document/","Document",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/document/research-report/","Research & 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responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.  \nMMG LIMITED  \n五礦資源有限公司  \n(Incorporated in Hong Kong with limited liability)  \n(STOCK CODE: 1208)  \nMINERAL RESOURCES AND ORE RESERVES STATEMENT  \nAS AT 30 JUNE 2025  \nThis announcement is made by MMG Limited (Company or MMG and, together with its subsidiaries, the Group) pursuant to rule 13.09(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (Listing Rules) and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) .  \nThe Board of Directors of the Company (Board) is pleased to report the Group’s updated Mineral Resources and Ore Reserves Statement as at 30 June 2025 (Mineral Resources and Ore Reserves Statement) .  \nThe key changes to Mineral Resources and Ore Reserves Statement as at 30 June 2025 are:  \n• the Group’s Mineral Resources (contained metal) have increased for copper (3%), lead (5%), molybdenum (10%), silver (3%) and gold (29%) .  \n• the Group’s Mineral Resources (contained metal) have decreased for zinc (-0.5%) and cobalt (-2%)  \n• the Group’s Ore Reserves (contained metal) have increased for zinc (13%), lead (10%), cobalt (3%), molybdenum (5%) and gold (10%) .  \n• the Group’s Ore Reserves (contained metal) have decreased for copper (-2%) and silver (-5%) .  \nThese results show that the multi-year commitment to exploration and resource-to-reserve conversion drilling at all MMG’s sites, continues to replenish milled depletion and adds to our growing Mineral Resources and Ore Reserves. Geological and mining studies have supported significant increases at Rosebery and Dugald River. Increases in the Ferrobamba open pit at Las Bambas and a revised scoping study for Ferrobamba Underground have led to the replacement of copper Mineral Resources depleted over the past 12 months for the second consecutive year.  \nMining studies at the Kinsevere operation have supported the reporting of Ore Reserves for Nambulwa and Dianzenza(DZ) for the first time, while the Mineral Resources at Kimbwe-Kafubu have almost doubled since the maiden report for that deposit in 2024.  \nAll data reported here are on a 100% asset basis, with MMG’s attributable interest shown against each asset within the Mineral Resources and Ore Reserves tables (pages 5 to 13) .  \nMINERAL RESOURCES AND ORE RESERVES STATEMENT  \nA copy of the executive summary of the Mineral Resources and Ore Reserves Statement is annexed to this announcement.  \nThe information referred to in this announcement has been extracted from the report titled Mineral Resources and Ore Reserves Statement as at 30 June 2025 published on 25 September 2025 and is [available to view on](available to view on www. mmg. com. The Company confirms that it is not aware of any new information)[ www. mmg. com](available to view on www. mmg. com. The Company confirms that it is not aware of any new information)[. The Company confirms that it is not aware of any new information](available to view on www. mmg. com. The Company confirms that it is not aware of any new information)[ ](available to view on www. mmg. com. The Company confirms that it is not aware of any new information)or data that materially affects the information included in the Mineral Resources and Ore Reserves Statement and, in the case of estimates of Mineral Resources or Ore Reserves, that all material assumptions and technical parameters underpinning the estimates in the Mineral Resources and Ore Reserves Statement continue to apply and have not materially changed. The Company confirms that the form and context in whi","cbCaitw9IijjPT1V","https://ap.wps.com/l/cbCaitw9IijjPT1V","pdf",12431046,331,"English","# Mineral Resources and Ore Reserves Statement\n## Key changes as at 30 June 2025\n## Executive summary and reporting basis","[{\"question\":\"What date do the Mineral Resources and Ore Reserves estimates in this statement cover?\",\"answer\":\"The statement reports estimates as at 30 June 2025.\"},{\"question\":\"Which main reporting frameworks and rules does MMG reference?\",\"answer\":\"MMG states the disclosure is made under Hong Kong listing requirements and is prepared in accordance with the 2012 Edition of the Australasian JORC Code and Chapter 18 of the HKSE Listing Rules.\"},{\"question\":\"How have MMG’s ore reserves changed for key metals according to the highlights?\",\"answer\":\"The highlights state ore reserves increased for zinc, lead, cobalt, molybdenum and gold, and decreased for copper and silver.\"}]","Mineral Resources and Ore Reserves Statement - As at 30 June 2025 | PDF",1789938959,834]