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Southern Copper Corp

 
Hoover's Profile: Southern Copper Corporation
(NYSE:PCU)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Southern Copper Corporation
Avenida Caminos del Inca No. 171, Chacarilla del Estanque, Santiago de Surco
Lima 33, Peru
Tel. +51-1-512-0440
Fax +51-1-512-0492

Type: Public
On the web: http://www.southernperu.com
Employees: 11,494
Employee growth: (5.3%)

One of the largest copper miners in the world, Southern Copper Corporation (SCC) mines, smelts, and refines copper at its mines located in Peru and throughout Mexico. It also conducts exploration activities in those countries and Chile. SCC produces around 1 billion pounds of copper annually and owns about 70 billion pounds of copper and molybdenum reserves. The copper is sold in Asia, Europe, and the Americas, where it's used mainly in construction and electronics. The company also produces molybdenum, silver, and zinc as by-products of its copper mining. Americas Mining Corporation, a subsidiary of Grupo México, owns almost 80% of SCC.

Key numbers for fiscal year ending December, 2008:
Sales: $4,850.8M
One year growth: (20.3%)
Net income: $1,406.6M
Income growth: (36.5%)

Officers:
Chairman and Director: German Larrea Mota-Velasco
President, CEO, and Director: Oscar González Rocha
President and CEO, Southern Copper Minera Mexico; COO, SCC and Director: Xavier García de Quevedo Topete

Competitors:
Codelco
Freeport-McMoRan
Rio Tinto Limited

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