BNET Industries

Market Cap:$29.6B
Last Fiscal Year Sales:$6.0B
- Public
- US
Dow Jones Description
The Company, an integrated producer of copper, operates mining, smelting and refining facilities in the southern part of Peru. The Company, incorporated in 1952 was reorganized in 1955, 1996 and 1998 and has conducted copper mining operations since 1960. Pursuant to Peruvian law, the Company conducts its operations in Peru through a registered branch (the ?Peruvian Branch? or the ?Branch?). The Branch is not a corporation separate from the Company. It is, however, an establishment, registered pursuant to Peruvian law, through which the Company holds assets, incurs liabilities and conducts operations in Peru. Although it has neither its own capital nor liability separate from that of the Company, it is deemed to have an equity capital for purposes of determining the economic interest of holders of Investment Shares. Investment Shares are non-voting ownership interests distributed to workers in accordance with former Peruvian laws. The Branch comprises substantially all the assets and liabilities of the Company associated with its copper operations in Peru.
Number of Employees 11,494
Contact Information
2575 East Camelback Road, Suite 500
Phoenix, Arizona 85016
(602) 977-6595
Peer Companies
NAICS Code Copper Ore and Nickel Ore Mining: 212234
Recent Events
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Zacks Analyst Blog Highlights: Southern Copper Corporation, Logitech International, Cisco Systems Inc., Microsoft Corp.
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DJ Southern Copper Corp Says To Pay $0.18 Per Share Dividend
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Southern Copper Corporation - SWOT Analysis
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FBR Capital Initiates Coverage on Southern Copper PCU with a Market Perform; Waiting for More...
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News & Analysis
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southern copper corp. - All News and Analysis
U.S. Judge Favors Grupo Mexico Bid For Asarco
CHICAGO (Reuters) - A federal judge has issued a ruling supporting a nearly $2.5 billion bid by Grupo Mexico GMEXICOB, the country's largest mining company, for Asarco LLC, paving the way for the U.S. copper miner to exit bankruptcy.Judge Andrew Hanen of the U.S. District Court in Brownsville, Texas, said...
Talking with the 'King of Copper'
Andrew Mickey submits: Andrew Mickey, Q1 Publishing’s Chief Investment Strategist, sat down for an exclusive one-on-one with one of the most experienced professionals in the copper industry: Juan Villarzu, former head of world’s largest copper company, Corporacion Nacional del Cobre de Chile Codelco. ...
Southern Copper Corp: An Interesting Way to Play the Commodity Rebound
Southern Copper Corp. PCU ould be an interesting way to play the long side of a commodity rebound. The company produces copper, molybdenum, zinc and silver. The company has exploration projects in Peru, Mexico and Chile and has been working to improve its bottom line by focusing on cost controls...
Wake Up Copper Consuming Dragon
David Tsao The olympics are over China, you can start polluting again. It's time to kick up the manufacturing dragon again and start importing some copper. Copper prices have been diving since their peak of $4.00/lb from July, to just above $3.10/lb today. This hasn't been kind to...
Ten Shining Arizona Stocks
Stockerblog submits: Did you know that Arizona has helium? In fact, Arizona is home to some of the richest helium containing gas in the world. A recent increase in the value of helium caused great interest in the quest for this gas. However, there is much more in...
Looking Inside the New Ben Graham ETN Baskets
Rick Konrad submits: Exchange traded notes [ETN] are a fairly new investment product that share some characteristics of exchange-traded funds, or ETFs. They are simply direct debt obligations issued by a bank or investment firm rather than an interest in a pool of securities that define an ETF.A bank...
Southern Copper Corp. Q1 2008 Earnings Call Transcript
Question-and-Answer Session[Operator Instructions]. Your first question comes from Carlos de Alba. Your line is open. Carlos de Alba - Morgan Stanley Good morning Raul, just two questions could you update us on your guidance for copper production and mine production in 2008? That will be the first question. And...
Southern Copper Corporation Q4 2007 Earnings Call Transcript
Question-and-Answer Session[Operator Instructions]. Your first question comes from Oscar [inaudible]. Go ahead, sir. Unidentified Analyst Hi, good morning everybody. Couple of questions please, and the first one, can you tell us what your expectations for zinc and silver production are for 2008 as well as lead? Genaro Guerrero -...
Southern Copper Q2 2007 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first question comes from the line of Jorge Beristain. Jorge Beristain - Deutsche Bank Hi, Mr. Chirinos, Jorge Beristain with Deutsche Bank here. I just had a question about the cash costs of production which seemed to be rising. And I...
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