Southern Copper Corporation (SCCO)

Profile

Exchange: NYSE       Sector: Basic Materials       Industry: Copper

Southern Copper Corp. USA was incorporated in Delaware in 1952 and has been conducting copper mining operations since 1960. Since 1996, the company's common stock has been listed on both the New York and Lima Stock Exchanges. A subsidiary of Grupo Mexico S.V. de C.V., Southern Copper is one of the largest copper mining companies in the world with significant copper reserves. All of the company's mining, smelting and refining facilities are located in Peru and Mexico, and the company conducts exploration activities in those countries and Chile. Southern Copper's Peruvian copper mining takes place at the Toquepala and Cuajone mines high in the Andes Mountains, southeast of Lima, Peru. The company also operates a smelter and refinery west of the Toquepala and Cuajone mines in the coastal city of Ilo, Peru. The company's Mexican operations are conducted through its subsidiary, Minera Mexico S.A. de C.V., which engages principally in the mining and processing of copper, molybdenum, zinc, silver, gold and lead. The company is based in Phoenix, Arizona. Southern Copper Corporation is a subsidiary of Americas Mining Corporation.