Southern Copper Corporation
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Southern Copper Corporation
Southern Copper Corporation is a mining company that was founded in 1952. The current incarnation of Southern Copper can be traced to the 2005 acquisition of Southern Peru Copper Corporation by the Mexican copper producer Minera México. 88.9 percent of Southern Copper is owned by Mexican mining conglomerate Grupo México (per proxy statement dated March 27, 2018) . Based on 2007 reserves data, Southern Copper is the world's largest publicly traded copper mining company and the world's seventh largest copper mining company based on 2007 sales. In addition, the firm is the eighth largest copper smelting company. The firm ranks among the world's largest producers of molybdenum, silver, and zinc. The company is a major producer and refiner of copper, molybdenum, zinc, silver, lead, and gold, and operates mines and smelters in Mexico and in Peru, in the Andes mountains southeast of Lima. Since 2012, the company has made major strides in improving their production methods. During 201 ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Molybdenum
Molybdenum is a chemical element with the symbol Mo and atomic number 42 which is located in period 5 and group 6. The name is from Neo-Latin ''molybdaenum'', which is based on Ancient Greek ', meaning lead, since its ores were confused with lead ores. Molybdenum minerals have been known throughout history, but the element was discovered (in the sense of differentiating it as a new entity from the mineral salts of other metals) in 1778 by Carl Wilhelm Scheele. The metal was first isolated in 1781 by Peter Jacob Hjelm. Molybdenum does not occur naturally as a free metal on Earth; it is found only in various oxidation states in minerals. The free element, a silvery metal with a grey cast, has the sixth-highest melting point of any element. It readily forms hard, stable carbides in alloys, and for this reason most of the world production of the element (about 80%) is used in steel alloys, including high-strength alloys and superalloys. Most molybdenum compounds have low solubili ...
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Copper Mining Companies Of Mexico
Copper is a chemical element with the symbol Cu (from la, cuprum) and atomic number 29. It is a soft, malleable, and ductile metal with very high thermal and electrical conductivity. A freshly exposed surface of pure copper has a pinkish-orange color. Copper is used as a conductor of heat and electricity, as a building material, and as a constituent of various metal alloys, such as sterling silver used in jewelry, cupronickel used to make marine hardware and coins, and constantan used in strain gauges and thermocouples for temperature measurement. Copper is one of the few metals that can occur in nature in a directly usable metallic form (native metals). This led to very early human use in several regions, from circa 8000 BC. Thousands of years later, it was the first metal to be smelted from sulfide ores, circa 5000 BC; the first metal to be cast into a shape in a mold, c. 4000 BC; and the first metal to be purposely alloyed with another metal, tin, to create bronze, c. 350 ...
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Companies Listed On The New York Stock Exchange
Companies listed on the New York Stock Exchange are in the following lists, alphabetically. * Companies listed on the New York Stock Exchange (0–9) * Companies listed on the New York Stock Exchange (A) * Companies listed on the New York Stock Exchange (B) * Companies listed on the New York Stock Exchange (C) * Companies listed on the New York Stock Exchange (D) * Companies listed on the New York Stock Exchange (E) * Companies listed on the New York Stock Exchange (F) * Companies listed on the New York Stock Exchange (G) * Companies listed on the New York Stock Exchange (H) * Companies listed on the New York Stock Exchange (I) * Companies listed on the New York Stock Exchange (J) * Companies listed on the New York Stock Exchange (K) * Companies listed on the New York Stock Exchange (L) * Companies listed on the New York Stock Exchange (M) * Companies listed on the New York Stock Exchange (N) * Companies listed on the New York Stock Exchange (O) * Companies listed on the New York St ...
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La Caridad Mine
La Caridad Mine is a large open-pit copper mine in Nacozari, Sonora, Mexico. It is operated by Mexicana de Cobre, S.A., which is a part of Grupo Mexico, the largest copper producer in Mexico. The mine lies approximately east of Nacozari de Garcia. Although the mine was worked in the 1800s, it was closed about 1948, and did not reopen until 1979. In 1985 the mine was producing over 72,000 metric tons of ore per day. In addition to copper, it produced silver as a byproduct, in 1995 that amounted to over 77 tons of silver. The mine was repurchased by investors from the Mexican government in 1988. The mine employed approximately 3,000 workers in 2000. In 2006 the mine was shut down due to labor strikes. See also * Buenavista mine References External linksLa Caridad Mineat Mindat.org Mindat.org is a non-commercial online database, claiming to be the largest mineral database and mineralogy, mineralogical reference website on the Internet. It is used by professional mineral ...
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Cananea Mine
The Buenavista mine, historically known as the Cananea copper mine, is a large open pit copper mine located in the north-west of Mexico in Cananea, Sonora. It lies south of the international border near Nogales, Arizona. Buenavista mine represents one of the largest copper reserves in Mexico and in the world. As of 2013, it had estimated reserves of 36 million tonnes of ore grading 0.69% copper, 3.3% zinc and 33.4 million oz of silver. Cananea represents one of the largest copper reserves in Mexico and in the world, having estimated reserves of 4.52 billion tonnes of ore with a grade of 0.42% copper. History Greene Consolidated Copper Company (1896-1907) Copper has been mined at the site continuously as far back as 1899. The mine was originally owned by the American businessman William Cornell Greene. The mine was the location of the Cananea strike in 1906. Anaconda Copper (1907-1972) The mine was run for some time by the American company Anaconda Copper. Government of ...
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Geoservice Ingeniería
Geoservice Ingeniería is a Peruvian firm founded in 1995 which provides engineering and consulting services. It work includes environmental impact assessment (EIA) studies, hydrological studies, construction management, and geotechnical studies. History Geoservice Ingeniería started operation in Jun 1995, to provide services to economic sectors such as mining, energy, and infrastructure. In December 2006, the company changed its name from Geoservice Ingeniería SRL to Geoservice Ingeniería SAC so that it could have a board of directors. The firm is run by CEO Miguel De La Torre Sobrevilla, who has worked on engineering dams, foundations, slope stability and geotechnical instrumentation. The firm was awarded on 2009 the ISO 9001:2008 certification in regards to engineering studies services and project activities including design, development and supervision of civil works as well as preparation of environmental studies. 2014-present Geoservice Ingeniería created the EIA s ...
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Tia Maria Mine
The Tia Maria mine is a large copper deposit located in the south of Peru in the province of Islay, Arequipa Region. The deposit contains an estimated total reserves 711 million tonnes of ore graded at 0.36% copper. The project is operated by Southern Peru Copper Corporation. In 2011, there were protests against the project which led to the deaths of three people. Concerns about the impact on agriculture led to the project's being put on hold. A revised Environmental Impact Assessment by Geoservice Ingeniería for Southern Copper Corporation was approved in August 2014. The construction permit is still pending. A new round of protests began in March 2015, including a march of eight hundred people. Many people were injured, and, by May, three more people have died from protesting. See also * Mining in Peru * List of mines in Peru * Zinc mining Zinc mining is the process by which mineral forms of the metal zinc are extracted from the earth through mining. A zinc mine is a m ...
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Mediation
Mediation is a structured, interactive process where an impartial third party neutral assists disputing parties in resolving conflict through the use of specialized communication and negotiation techniques. All participants in mediation are encouraged to actively participate in the process. Mediation is a "party-centered" process in that it is focused primarily upon the needs, rights, and interests of the parties. The mediator uses a wide variety of techniques to guide the process in a constructive direction and to help the parties find their optimal solution. A mediator is facilitative in that she/he manages the interaction between parties and facilitates open communication. Mediation is also evaluative in that the mediator analyzes issues and relevant norms ("reality-testing"), while refraining from providing prescriptive advice to the parties (e.g., "You should do..."). Mediation, as used in law, is a form of alternative dispute resolution resolving disputes between two o ...
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Cuajone Mine
The Cuajone mine is a large mining, copper mine located in the south of Peru in Moquegua Region. Cuajone represents one of the largest copper reserve in Peru and in the world having estimated reserves of 1.6 billion tonnes of ore grading 0.57% copper. The mine has resulted in an environmental conflict, because local residents say that the mine pollutes the environment without providing economic benefits. In February, 2022 local residents blockaded rail access to the mine and cut its water supply, demanding $5 billion in compensation and 5% of the mine's profits. Geology The porphyry copper deposit and hypogene mineralization (geology), mineralization occurred in the Early Eocene. Supergene sulfide minerals, sulfide enrichment began in the Late Oligocene and continued until the Early Miocene. Chalcocite is the more common copper ore mineral as massive assemblages. See also *Toquepala mine *Quellaveco mine *Yanacocha *Cerro de Pasco *Huancavelica * List of mines in Peru * Zinc m ...
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Peru
, image_flag = Flag of Peru.svg , image_coat = Escudo nacional del Perú.svg , other_symbol = Great Seal of the State , other_symbol_type = Seal (emblem), National seal , national_motto = "Firm and Happy for the Union" , national_anthem = "National Anthem of Peru" , march = "March of Flags" , image_map = PER orthographic.svg , map_caption = , image_map2 = , capital = Lima , coordinates = , largest_city = capital , official_languages = Peruvian Spanish, Spanish , languages_type = Co-official languages , languages = , ethnic_groups = , ethnic_groups_year = 2017 , demonym = Peruvians, Peruvian , government_type = Unitary state, Unitary Semi-presidential system, semi-presidential republic , leader_title1 = President of Peru, President ...
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Lima
Lima ( ; ), originally founded as Ciudad de Los Reyes (City of The Kings) is the capital and the largest city of Peru. It is located in the valleys of the Chillón River, Chillón, Rímac River, Rímac and Lurín Rivers, in the desert zone of the central coastal part of the country, overlooking the Pacific Ocean. Together with the seaside city of Callao, it forms a contiguous urban area known as the Lima Metropolitan Area. With a population of more than 9.7 million in its urban area and more than 10.7 million in its metropolitan area, Lima is one of the largest cities in the Americas. Lima was named by natives in the agricultural region known by native Peruvians as ''Limaq''. It became the capital and most important city in the Viceroyalty of Peru. Following the Peruvian War of Independence, it became the capital of the Republic of Peru (República del Perú). Around one-third of the national population now lives in its Lima Metropolitan Area, metropolitan area. The city of Li ...
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