MMG

MMG Limited is a mid-tier global resources company which explores, develops and mines base metal deposits around the world. The company operates and develops copper, zinc and other base metals projects across Australia, the Democratic Republic of the Congo and Peru. It is headquartered in Melbourne, Australia and it is listed on the Hong Kong Stock Exchange and Australian Securities Exchange.
Supporter since 2010

Statement of Support

MMG believes that transparency on mineral revenues paid to governments is important to regulatory stability and stakeholder understanding of the responsible use of taxes and the role they play in supporting the provision of citizenship entitlements.

Engagement with the EITI

Since it began operating over a decade ago, MMG has been a supporter and adopter of the EITI Standard. It supports the EITI at an international level and is directly involved in processes in the Democratic Republic of the Congo and Peru.

As a multinational company, with operations in EITI implementing countries, MMG has adhered to the highest standards of corporate governance in all matters related to tax. This includes operating under a policy of full transparency and cooperation with all tax authorities and the payment of all taxes properly due under the law wherever it operates.

MMG’s approach to transparency includes the disclosure of tax and royalty payments, as well as a broader social contribution, detailed in its Annual and Sustainability Reports.

Strengthening transparency

MMG applies the principles of good corporate governance set out in the Corporate Governance Code of the Hong Kong Listing Rules and the International Council on Mining and Metals (ICMM).

MMG pays taxes, royalties and other payments in accordance with the tax regulations and laws applicable in the jurisdictions in which it operates. An overview of MMG’s tax contributions can be found in its Tax and Community Contribution Reports.

Link to the statement of support on MMG's website 

Statement of Support to the EITI on MMG's website