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Southern Copper Corp - Q3 Net Sales Up 14.5% to $2.13 Bln
Southern Copper Q2 Sales $1.785 Billion
Southern Copper Announced Quarterly Dividend Of $0.20/Share Of Stock Payable On May 26
Southern Copper Corporation is an integrated copper producer. It produces copper and, in the production process, obtains several by-products, including molybdenum, silver, zinc, sulfuric acid and other metals. Its segments include the Peruvian operations, the Mexican open-pit copper mines and the Mexican underground mining operations segment identified as the IMMSA unit. The Peruvian operations segment includes the Toquepala and Cuajone mine complexes, and the smelting and refining plants, including a metals plant industrial railroad and port facilities that service both mines. The Mexican open-pit operations segment includes the La Caridad and Buenavista mine complexes, and the smelting and refining plants, including a metals plant and a copper rod plant, and support facilities that service both mines. The Mexican underground mining operations segment includes five underground mines that produce zinc, copper, silver and gold, and a zinc refinery.
1440 E Missouri Ave Ste 160
German Larrea Mota Velasco
Chairman of the Board
Oscar Gonzalez Rocha
President, Chief Executive Officer, Director
Raul Jacob Ruisanchez
Chief Financial Officer, Vice President - Finance, Treasurer
Edgard Corrales Aguilar
Vice President - Exploration
Andres Carlos Ferrero Ghislieri
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Grupo Mexico SAB de CV subsidiary Americas Mining Corp has agreed to a $24.5 million cash settlement to resolve a derivative suit accusing it and Southern Copper Corp’s board of completing “unfair” transactions at the copper producer’s expense.
Peru is asking help from mining companies Las Bambas, of China's MMG Ltd , and Grupo Mexico's Southern Copper to build a rail system from a mineral-rich Andean zone to the country's central Pacific coast, Mining Minister Ivan Merino said in an interview.
Peru's Southern Copper Corp, one of the world's top copper producers, plans to push forward new and pending projects as demand from China and constrained supply helps propel a global price rally, an executive told Reuters on Thursday.
Peru's Southern Copper Corp will seek to push forward with several new and pending projects in the mineral-rich Andean nation as prices rise and supply remains tight, an executive told Reuters on Thursday.
Peru, a top global metals exporter, saw its output of copper, gold and zinc nosedive in the first half of 2020, ravaged by restrictions put in place to curb the coronavirus outbreak, the government said on Tuesday.
Canadian miner Hudbay Minerals Inc <HBM.TO> expects a delay of up to four months before it can start mining an extension at its Constancia copper mine in Peru, the miner's chief executive said on Thursday.
Global miner Anglo American said on Tuesday it was slowing down the construction work of the Quellaveco copper project in Peru, following a 15-day national quarantine to curb the spread of the coronavirus outbreak.
Canadian miner First Quantum Minerals Ltd is looking for strategic partners to develop new copper projects and a joint venture with Rio Tinto in Peru could be on the cards, First Quantum's chief executive officer said on Wednesday.
Peru on Friday suspended a recently issued construction permit for Southern Copper's Tia Maria mine, a project that has triggered violent protests by nearby residents.
Southern Copper Corp <SCCO.N> said on Tuesday its second-quarter net profit fell 1.8% year-on-year to $402.4 million, due mainly to lower sales prices that offset a surge in production.
Southern Copper Corp's net profit fell 17.5 percent to $388.2 million in the first quarter from the same period a year earlier, as lower metal prices weighed on sales, the company said on Monday.
Chinese miner MMG Ltd has sent some supplies and personnel to its copper mine Las Bambas after protesters partially suspended their road blockades, a company source said on Wednesday, adding the mine was still producing concentrates.
Southern Copper Corp, one of the world's biggest copper producers, is considering an investment in a lithium project in Mexico that has also attracted interest from a Chinese firm, the company's chief executive told Reuters on Wednesday.
Southern Copper Corp, one of the world's biggest copper producers, is evaluating making an investment in a lithium project in Mexico that a Chinese firm is also interested in, the company's chief executive told Reuters on Wednesday.
Peru's environmental regulator OEFA has concluded that mining waste from Southern Copper Corp's Cuajone unit did not spill into the environment during heavy rains last week.
Southern Copper Corp said on Monday that a key plant it uses to produce copper in Peru would not fully restart for another three to five days while work is done on its tailings and railway infrastructure following heavy rains.
Southern Copper Corp said on Monday that it earned $293.2 million in net profit the fourth quarter, compared to a $287.5 million loss it posted in the same period a year earlier.
Southern Copper Corp reported an 8.1 percent year on year drop in its third quarter net profit on Wednesday, citing the impact of lower copper prices despite higher sales.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.