Southern Copper (SCCO) says it will delay the projected startup of its $900M Tia Maria mine in...

|About: Southern Copper Corporation (SCCO)|By:, SA News Editor
Southern Copper (SCCO) says it will delay the projected startup of its $900M Tia Maria mine in Peru by a year to 2016 after taking longer than expected to complete a new environmental impact study. Also, SCCO plans to produce 640K metric tons of copper this year, little changed from 2012, cut third-party concentrate purchases by 29% to 10K tons and invest $1.8B in expansion projects in 2013.