United States

Southern Copper Corp (SCCO.N)

SCCO.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Southern Copper Corporation may have paid bribes to halt Peru protests -prosecutor - Reuters
Friday, 20 Nov 2015 04:04pm EST 

Southern Copper Corporation:A Peruvian prosecutor said she suspects that U.S.-listed mining company Southern Copper Corp paid opponents to call off protests against its $1.4 billion Tia Maria project while it was waiting for an environmental permit - RTRS.Prosecutor Alejandra Cardenas told Reuters on Thursday that bank records show Southern gave a Peruvian lawyer, Jesus Gomez, 1.3 million soles ($387,000) between October 2013 and September 2014. The company has denied any wrongdoing - RTRS.In that period, when the government was evaluating Southern's second environmental plan for Tia Maria, Gomez paid a protest leader, Pepe Julio Gutierrez, 170,000 soles in a lump sum, Cardenas said - RTRS.Three deposits of 250,000 soles were made before community meetings the company hosted to promote Tia Maria, Cardenas said - RTRS.She said both Gomez and Gutierrez told her the money was to buy an onion field, but neither could produce documentation of a land deal - RTRS.Neither Gomez nor Gutierrez has been charged with any crime and both men deny wrongdoing. Gomez said he never bribed Tia Maria opponents and declined further comment - RTRS.Southern Copper, which is controlled by Grupo Mexico, on Friday declined comment because the inquiry had not been completed - RTRS.  Full Article

Southern Copper Corp approves FY 2014 dividend
Friday, 24 Apr 2015 01:13pm EDT 

Southern Copper Corporation:Approves FY 2014 dividend of $0.10 per share.Payment date set to May 27, registry date May 13.  Full Article

Southern Copper Corp gives FY 2015, 2016, 2017, 2018 production guidance - Conference Call
Wednesday, 4 Feb 2015 05:00pm EST 

Southern Copper Corp:Expects FY 2015 production guidance to be 782,000 tons.Expects FY 2016 production guidance to be 910,000 tons.Expects FY 2017 production guidance to be 1,100,000 tons.Expects FY 2018 production guidance to be 1,170,000 tons.  Full Article

Southern Copper Corp announces FY 2014 dividend payout
Thursday, 29 Jan 2015 06:13pm EST 

Southern Copper Corp:Announces FY 2014 dividend payout of $0.1 per share.Total dividend payout amounts to $80,726,096.80.Payout date is set to March 3 for shares as of Feb. 17.Number of eligible shares is 807,260,968.  Full Article

Marifil Mines Ltd terminates Cerro Samenta Option with Southern Copper
Friday, 7 Nov 2014 09:00am EST 

Marifil Mines Ltd:Says that Southern Copper company (SCCO) has terminated its agreement with Marifil to explore the Company's Cerro Samenta porphyry copper property in Salta Province, Argentina.  Full Article

Southern Copper Corp declares quarterly dividend - Form 8-K
Wednesday, 29 Oct 2014 03:25pm EDT 

Southern Copper Corp:Authorized cash dividend of $0.12 per share of common stock.Dividend is payable on Nov. 25 to shareholders of record at close of business on Nov. 11.  Full Article

RPT-Peru's stealth rally upstages emerging market rivals

Aug 19 Brazil and Argentina have seized the emerging markets spotlight in recent months thanks to investor-friendly political upheavals, but much smaller Peru is quietly stealing the show.