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About
Southern Copper Corp. engages in the development and exploration of mineral properties. It operates through the segments: Mexican Open-Pit; Mexican IMMSA Unit; Peruvian Operations; and Corporate and Other. The Mexican Open-Pit segment manages mines and processes anodes and copper. The Mexican IMMSA Unit segment operates underground coal mines. The Peruvian Operations segment includes open-pit mines in Peru. The Corporate and Other segment consists of the firm's administrative activities. The company was founded on December 12, 1952 and is headquartered in Phoenix, AZ. | |||
Description
Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals in Peru, Mexico, Argentina, Chile, and Ecuador. The company is involved in the mining, milling, and flotation of copper ore to produce copper and molybdenum concentrates; smelting of copper concentrates to produce blister and anode copper; and refining of anode copper to produce copper cathodes, as well as molybdenum concentrate and sulfuric acid, refined silver, gold, and other materials. It operates the Toquepala and Cuajone open-pit mines, and a smelter and refinery in Peru; and La Caridad, an open-pit copper mine, a copper ore concentrator, a SX-EW plant, a smelter, refinery, and a rod plant, as well as Buenavista, an open-pit copper mine in Mexico. The company also operates five underground mines that produce zinc, lead, copper, silver, and gold; a coal mine that produces coal and coke; and a zinc refinery. It has interests in 81,979 hectares of exploration concessions in Peru; 154,937 hectares of exploration concessions in Mexico; 36,097 hectares of exploration concessions in Argentina; 58,138 hectares of exploration concessions in Chile; and 2,543 hectares of exploration concessions in Ecuador. The company was founded in 1952 and is based in Phoenix, Arizona. Southern Copper Corporation operates as a subsidiary of Americas Mining Corporation. | |||
