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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.
The Toquepala mine is a large porphyry copper mine in the Tacna Province, Tacna Department, Peru. The mine is an open-pit mine producing copper, molybdenum, rhenium and silver with minor gold and zinc. [1] [2] The Toquepala mine and the Ilo smelter were opened in 1960 by Southern Peru Copper Corporation, then a subsidiary of ASARCO.
The Tia Maria mine is a large copper deposit located in the south of Peru in the province of Islay, Arequipa Region. The deposit contains an estimated total reserves 711 million tonnes of ore graded at 0.36% copper. [1] The project is operated by Southern Peru Copper Corporation.
Small-scale mining, fueled by high metal prices and a disorganized government permitting system, is a growing problem for companies in Peru, the world's second-largest copper producer. Southern ...
Southern Copper (SCCO) is poised well on expansion projects, particularly in Peru but its high debt level remains a concern.
Southern Copper Corp's Cuajone mine in Peru has suspended operations since Feb. 28 due to a protest by local communities who cut the company's water access and blocked a key railroad, Peru's ...
Mining is Grupo México's largest division, operating 14 mines and 52 plants in Mexico, Peru, USA, Argentina, Chile, Ecuador and Spain. The division operates as Americas Mining Corporation, whose main subsidiaries are Southern Copper Corporation in Mexico and Peru, ASARCO (American Smelting and Refining Company) in the United States and Minera Los Frailes in Spain.
Cuajone represents one of the largest copper reserve in Peru and in the world having estimated reserves of 1.6 billion tonnes of ore grading 0.57% copper. [1] The Cuajone Mine was officially opened in November 1976. It was owned by Southern Peru Copper Corporation, which was a 51% subsidiary of Asarco.