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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.
Tia Maria is a copper project mine which has been granted the environmental approval by the Peruvian Ministry of Energy and Mining (MINEM) to move forward with the project development. Geoservice Ingeniería was the engineering and consulting firm in charge of executing satisfactory the Environmental Impact Assessment (EIA) studies, the EIA ...
The copper miner has given a decent financial performance despite facing some challenges in Latin America
Southern Copper (SCCO) is likely to benefit from cost-reduction programs, expansion actions, and recovery in metal prices in the long term due to demand-supply imbalance.
Southern Copper is owned by Grupo Mexico and is seeking to develop Los Chancas, located in the southern Apurimac region, with an estimated investment of $2.6 billion. Los Chancas is crucial to the ...
Southern Copper said that it expected a "positive result" from consultation talks on the proposed new windfall tax levy on mining companies. Financial Planning Manager Raul Jacob said that the government would continue to support new mining projects like the US$1 billion Tia Maria copper mine.
Southern Copper (NYS: SCCO) is one of the world's largest copper producers; as of December 2011, it possessed the world's largest copper reserves at 146 billion pounds. The company also mines ...
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