About the Company
Southern Copper Corporation is a mining company that was founded in 1952. The current incarnation of Southern Copper can be traced to the 2005 acquisition of Southern Peru Copper Corporation by the Mexican copper producer Minera México. 88.9 percent of Southern Copper is owned by Mexican mining conglomerate Grupo México (per proxy statement dated March 27, 2018) . Based on 2007 reserves data, Southern Copper is the world's largest publicly traded copper mining company and the world's seventh largest copper mining company based on 2007 sales. In addition, the firm is the eighth largest copper smelting company. The firm ranks among the world's largest producers of molybdenum, silver, and zinc. The company is a major producer and refiner of copper, molybdenum, zinc, silver, lead, and gold, and operates mines and smelters in Mexico and in Peru, in the Andes mountains southeast of Lima. Since 2012, the company has made major strides in improving their production methods. During 2013, 60.7 million dollars in environmental capital expenditures were spent on the following programs: water recovery systems to conserve water and minimize impact on nearby streams; vegetation programs to stabilize the surface of the tailings dumps; implementation of scrubbing technology in the mines to reduce dust emissions. For these continued efforts towards sustainable practices, the company was awarded with the Fray International Sustainability Award in 2014. CEO M. Oscar Gonzalez Rocha, appeared in Mexico for the SIPS 2014/Shechtman International Symposium to accept this award on the company's behalf.
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Latest $SCCO News
What's in Store for Southern Copper (SCCO) in Q1 Earnings?
Southern Copper Corporation SCCO is likely to register a year-over-year decline in earnings in its first-quarter 2024 results ...
Southern Copper Corporation
For most investors, the best investment strategy is to buy good stocks and hold them for the long run.
Up 34% YTD, Is This Copper Stock Overvalued?
Detailed price information for Southern Copper Corp (SCCO-N) from The Globe and Mail including charting and trades.
Coppernico Receives Final Permits to Drill its Sombrero Copper-Gold Project in Southern Peru
VANCOUVER, BC / ACCESSWIRE / April 24, 2024 /Coppernico Metals Inc. ("Coppernico" or the "Company") is pleased to announce ...
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips Copper prices now sit at their highest level in about two ...
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As its flagship asset, the company owns 75% of the Copper Mountain mine in southern British Columbia that produces more than 100 million pounds of copper per year. Copper Mountain is also in the ...
Okiep copper project, South Africa – update
Orion exercised an option in 2021 to directly acquire the mineral rights, mineral data, rehabilitation guarantees, any ...
If You Invested $1000 in Southern Copper 10 Years Ago, This Is How Much You'd Have Now
Phoenix, AZ-based Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals. The company conducts exploration activities in Argentina, Chile, Ecuador, ...
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