Seeking Alpha

Southern Copper Corporation (SCCO)

  • Apr. 18, 2012, 12:52 PM
    Southern Copper (SCCO -0.8%) considers making a $1B bid for a gold and silver project in Chile, according to local reports. The company already has six exploration projects in the northern part of the country in operation.
    | Apr. 18, 2012, 12:52 PM | Comment!
  • Dec. 6, 2011, 9:59 AM
    Don't think mining shares are cheap? Poland's state-owned KGHM - the world's 9th largest copper producer - inks an all-cash deal to buy Canada's Quadra Mining (QADMF.PK +37%) for $3B. Quatra shares are trading higher than the $15 bid in Toronto, suggesting the possibility of a bidding war? (PR)
    | Dec. 6, 2011, 9:59 AM | Comment!
  • Nov. 10, 2011, 4:30 AM
    Mitsubishi (MSBHY.PK) pays $5.39B for a 24.5% stake in Anglo American's (AAUKY.PK) Chilean copper unit. The deal is Japan's largest ever mining acquisition and will almost double Mitsubishi's copper output at time when global demand is expected to increase over 40% by 2020. (PR)
    | Nov. 10, 2011, 4:30 AM | Comment!
SCCO vs. ETF Alternatives
Company Description
Southern Copper Corp is producer of copper, molybdenum, zinc and silver. The Company's segments include Peruvian operations, Mexican open-pit operations, Mexican underground mining operations.
Industry: Copper
Country: United States