Copper – Reuters reported that the Delaware Supreme Court found that Chancery Court judge Leo Strine was not out of line in ruling that Southern Copper Corp. (NYSE:SCCO) be paid about $2 billion by Grupo Mexico (OTC Pink:GMBXF) after overpaying for Minera Mexico.
Articles Tagged "NYSE:SCCO"
Copper – Copper’s push towards record-highs was stymied Wednesday, as traders took a strengthening greenback as a signal that it was time to take profits.
Copper – Peru ranks third in world copper production. The country is also the top producer of silver, the second largest producer of zinc, fourth for lead and sixth for gold. As of 2009, mineral exports accounted for 61 percent of total export revenue in Peru, which produced 1,260,000 metric tonnes of copper that same year, according to the USGS.
Silver – Silver’s history as a precious metal has deep roots in Peruvian culture, in which it has long been associated with the mysterious and feminine powers of the moon. The Incas, enthralled by its soft gleam, referred to it as “the tears of the moon.”