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Toquepala Mine in 2003, viewed from ISS.The open pit was then 2.5 kilometers across.. 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.
Grupo México is the largest mine operator in Mexico and Peru, along with the third largest in the United States. The company primarily focused on the extraction of copper. It is the fourth largest copper producer worldwide and controls the largest copper reserves in the world. The company also mines molybdenum, silver, zinc and gold.
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. [1] The project is operated by Southern Peru Copper Corporation.
Southern Copper Corp's Cuajone mine in Peru has suspended operations since Feb. 28 due to a protest by local communities who cut the company's water access and blocked a key railroad, Peru's ...
Small-scale mining, fueled by high metal prices and a disorganized government permitting system, is a growing problem for companies in Peru, the world's second-largest copper producer. Southern ...
The Toquepala mine is a large porphyry copper mine in the Tacna Province, Tacna Department, Peru. The mine is an open-pit mine producing copper, molybdenum, rhenium and silver with minor gold and zinc. [1] [2] The Toquepala mine and the Ilo smelter were opened in 1960 by Southern Peru Copper Corporation, then a subsidiary of ASARCO.
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Other investments in copper deposits included Rio Blanco Copper S.A.’s Rio Blanco deposit located in the Department of Piura ($1.5 billion to produce copper by 2008), Perú Copper Inc.’s Toromocho deposit located in the Department of Junin ($1.5-$2.0 billion, reserves 1.6 billion metric tons), Southern Copper was planning to invest $600 ...