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SOUTHERN PERU COP, (PCU) Stock Research Free Stock Rating
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Southern Peru Copper Corporation (SPCC) engages in the production and sale of copper. The company involves in the mining of open pit mines; milling and flotation of copper ore to produce copper concentrates; the smelting of copper concentrates to produce blister copper; and the refining of blister copper to produce copper cathodes. It also produces various metals, including molybdenum, silver, and other metals as by-products. Southern Peru Copper operates the Toquepala and Cuajone open pit mines in the Andes, Peru; and Cananea mine and La Caridad mine in northern Mexico. As of December 31, 2004, SPCC had proven and probable reserves of approximately 44.9 million tons of copper. The company also operates smelter and refinery facilities in Ilo, Peru, as well as in northern and central Mexico. It sells products primarily to customers in Europe, the Far East, and the United States. SPCC was incorporated in 1952 and is based in Phoenix, Arizona. Southern Peru Copper Corporation is a subsidiary of SPHC II Incorporated.
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