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Southern Copper Corp (SCCO.N)

SCCO.N on New York Stock Exchange

36.32USD
11:46am EDT
Change (% chg)

$-0.17 (-0.47%)
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$36.49
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$36.58
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$36.11
Volume
75,013
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389,016
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$39.50
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$24.91

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

More From Around the Web

Southern Copper reports 183 pct surge in Q4 net profit

LIMA, Jan 31 Southern Copper Corp on Tuesday reported a 183 percent year-on-year surge in its fourth-quarter net profit to $172 million as better metal prices and increased production from a recent mine expansion bolstered its sales.