ABOUT OUR SUBSIDIARIES AND AFFILIATES
SOUTHERN COPPER CORPORATION
Minera (MÉXICO) | Southern (PERÚ)
SCC’s shares are listed on the New York Stock Exchange and the Lima Stock Exchange under the SCCO symbol in both stock exchanges.
ASARCO
(USA)
Operations stand for one of the most important mining operations in the United States, and are located in the southern part of the United States, in Arizona and Texas.
AMC Iberia
Minera Los Frailes (SPAIN)
In Spain, it has a 97.31% interest in Minera Los Frailes (“Los Frailes”) and the Aznalcóllar Mining Complex consists of two pits, which will have a production of zinc, copper, lead and silver content.
PRINCIPAL PRODUCTS
Copper
Silver
Molybdenum
Zinc
Sulfuric Acid
Gold
In 2021, the average price of copper was US$4.24/lb, 51% higher than the average for 2020. Production in 2021 had a slight decrease of 3.9% compared to the previous year, reaching 1,084,806 tons, because copper grades in ore were inferior, but in future years
our mining plans project higher productions.
We estimate that, by 2024 and in subsequent years, we will produce more than 1,300,000 tons with the entry into operation of our growth projects in México: Pilares, El Pilar, Buenavista Zinc, and in Perú: Tía María.
INVESTMENTS
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Between 2021 and 2025, the Group plans to invest in mining in Sonora and Baja California a total of $8,893 million dollars.
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In Arizona and Texas in the same period of time we have planned to invest $1,916 million dollars.
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In Peru we are working on an investment program for $11,000 million dollars.
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In Spain, Aznalcóllar will produce approximately 125 thousand tons of zinc per year, during the more than 20 years of the mine’s life.
GROWTH PROJECTS
Minera Los Frailes
per year of total zinc equivalent for more than 20 years of initial mine life.
Location: Municipality of Aznalcóllar, Province of Seville, Andalucía
Project progress:
Feasibility study completed with attractive results.
CHALCHIHUITES
tons of more with an average silver content of 110 grams per ton, 2.66%
zinc, 0.37% lead and 0.67% copper.
Skarn type deposit.
Drilling programs carried out between 1980 and
2014 identified 12.6 million tons of
ore with an average silver content of 110 grams per ton,
2.66% zinc, 0.37% lead and 0.67% copper.
BELLA UNIÓN (LA CARIDAD)
of leachable ore grading 0.20% copper have been identified
A breccia-type satellite deposit with copper and molybdenum mineralization
is located less than one kilometer from the southern limit of La Caridad pit.
LOS CHANCAS
molybdenumand 0.039 grams of gold per ton.
Porphyry copper and molybdenum deposit located in the department of
Apurímac in southern Perú.
545 million tons of mineralized rock with a copper content of
0.59%, 0.04% molybdenum and 0.039 grams of gold per ton.
PROJECT MONTONERO
(EL SALADO)
and gold project.
The project’s pre-feasibility study is scheduled to be completed by
the first quarter of 2022.
COPPER ROUTE PROJECT
The mineralization is characteristic of a porphyry copper and molybdenum
system explored since 2014.
In 2021, the entire drilling program aimed at evaluating the resource
was completed, totaling 121 thousand meters; information with
which the project’s feasibility study was initiated.
CAÑADÓN DEL MORO PROJECT
epithermal deposit, with veins that
accumulate a total of 7.6 km.
• To date, drilling has defined an epithermal silver
deposit with a potential of economic
interest with grades over 9.4 Onz/Ag.