China's MMG says protests to affect Las Bambas copper operations [Reuters]
Southern Copper Corporation (SCCO)
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Source: Reuters
China's MMG says protests to affect Las Bambas copper operations - Reuters 2 Min Read HONG KONG (Reuters) - Operations at Las Bambas, one of Peru’s largest copper minefield, will be affected by road disruption with supplies being blocked amid anti-mining protests, Chinese miner MMG Ltd said on Thursday. Access to our Las Bambas mine has been disrupted due to roadblocks and logistics have been interrupted since Sept. 22, MMG said, as protests blocked supplies from reaching their operations. Residents of Peru’s southern copper belt have occupied roads and a minerals railroad to protest a construction license the government gave to Southern Copper Corp for its $1.4 billion Tia Maria project, which has been delayed for nearly a decade due to local opposition from farmers. The mine project, expected to produce 120,000 tonnes of copper per year, has been the focus of debate over whether the significant tax revenues from mines outweigh the objections of people who live near them. “While ther
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SCCO
News
- Southern Copper (SCCO) Q1 Earnings Beat, Fall Y/Y on Low Prices [Yahoo! Finance]Yahoo! Finance
- Southern Copper Co. (NYSE: SCCO) had its price target raised by analysts at Morgan Stanley from $123.00 to $135.00. They now have an "underweight" rating on the stock.MarketBeat
- Southern Copper Co. (NYSE: SCCO) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Southern Copper Co. (NYSE: SCCO) is now covered by analysts at CICC Research. They set an "outperform" rating on the stock.MarketBeat
- Southern Copper Co. (NYSE: SCCO) was downgraded by analysts at HSBC Holdings plc from a "hold" rating to a "reduce" rating. They now have a $80.00 price target on the stock.MarketBeat
SCCO
Earnings
- 4/25/24 - Beat
SCCO
Sec Filings
- 5/1/24 - Form 4/A
- 5/1/24 - Form 4
- 4/30/24 - Form 4
- SCCO's page on the SEC website