Southern Copper

Copper Prices Falling on China Slowdown, Europe Concerns

Copper prices are falling on expectations of a slowdown in the Chinese economy and rising copper stocks on the London Metal Exchange, said Raul Jacob, chief financial officer of Southern Copper Corp., the largest producer of the metal in Peru and Mexico.

Southern Copper’s Quarterly Net Drops on Declining Metals Prices

Southern Copper Corp., the largest producer of the metal in Peru and Mexico, said first-quarter profit fell for a fourth quarter on declining copper and silver prices, matching analysts’ estimates.

Congo Flies Copper Province Rebels to Military Court

The Democratic Republic of Congo’s government flew 247 separatist rebels from the southern copper- rich province of Katanga to the capital, Kinshasa, to face military court after a clash in which 35 people died on March 23.

Southern Copper, Workers to Sign Three-Year Labor Accord

Southern Copper Corp., the largest producer of the metal in Peru, will sign a three-year labor agreement this week with its workers, avoiding a potential strike, a union leader said.

Southern Copper Delays Tia Maria Project Startup to 2016

Southern Copper Corp., the largest producer of the metal in Peru and Mexico, delayed the projected startup of its $900 million Tia Maria mine by a year to 2016 after taking longer than expected to complete a new environmental impact study.

Grupo Mexico Scraps Southern Copper, Asarco Merger Proposal

Grupo Mexico SAB, the nation’s largest mining company, dropped plans to merge its Asarco LLC and Southern Copper Corp. businesses into a single unit within its mining business after some shareholders challenged the plan.

Southern Copper’s Quarterly Net Falls on Higher Sales Costs

Southern Copper Corp., the largest producer of the metal in Peru and Mexico, said fourth-quarter profit fell as rising costs offset higher metals prices.

Southern Copper Tumbles as Ratings of Stock Reduced: Lima Mover

Southern Copper Corp., the largest producer of the metal in Peru and Mexico, fell the most in almost three months in Lima trading as analysts reduced their ratings of the stock.

Southern Copper Unions to Strike Dec. 24 as Wage Talks Fail

Workers at Southern Copper Corp., the largest producer of the metal in Peru, plan their first strike in four years on Dec. 24 after wage talks broke down, a union official said.

Grupo Mexico Must Pay $1.3 Billion to Southern Copper Over Mine Unit Sale

Grupo Mexico SAB must return $1.3 billion in shares to Southern Copper Corp. for forcing the unit to overpay for a Mexican mining company, a Delaware judge ruled.

Mexico

Lima

Chile

U.S. Stocks Advance on Leading Indicators, Sentiment Data

European Stocks Rise on U.S. Consumer Confidence Report

IRS Learned Lesson After Scandal, Departing Chief Says

Tesla Plans to Raise $1.08 Billion While Paying Back U.S.

Gold Heads for Longest Slump in Four Years on Fed, Dollar