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

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.
Comments (1)
  • I am encouraged by the signs of long-term planning and substantial expansion projects.
    2 Feb 2013, 01:24 AM Reply Like
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