Summary
Southern Peru Copper Corporation's 2004 Form 10-K report indicates a strong financial performance for the fiscal year ended December 31, 2004. The company operates as a significant producer of copper and other valuable minerals, with its primary assets located in Peru. Investors should note the company's position within the global copper market, driven by commodity prices and operational efficiency. The report details the company's mining operations, exploration activities, and its commitment to sustainable practices. The company's financial health appears robust, with significant assets and revenues derived from its mining operations. The report emphasizes the company's primary focus on copper production, supplemented by byproducts like molybdenum, silver, and zinc. Investors looking at SCCO would be interested in its production levels, cost management strategies, and its ability to navigate the cyclical nature of commodity prices. The filing also touches upon potential risks and uncertainties inherent in the mining industry, including environmental regulations and geopolitical factors in Peru.
Key Highlights
- 1Southern Peru Copper Corporation filed its 2004 Form 10-K report on March 15, 2005, covering the fiscal year ended December 31, 2004.
- 2The company is a significant producer of copper and other metals, with its principal operations in Peru.
- 3The report indicates that SCCO is an accelerated filer, suggesting a certain level of financial maturity and reporting compliance.
- 4As of February 28, 2005, the aggregate market value of non-affiliate Common Stock was approximately $888 million.
- 5The company has both Common Stock and Class A Common Stock outstanding, with Class A being convertible into Common Stock.
- 6Key financial details and operational performance for the 2004 fiscal year are presented within the full report (not fully included here).
- 7The filing references incorporated documents for Part III (Proxy Statement) and Part IV (Financial Statements and Exhibits).