8-KOther Events

SOUTHERN COPPER CORP/ 8-K Report, Corporate Update (Feb 22, 2006)

Filed February 22, 2006For Securities:SCCO

Summary

This Form 8-K filing from Southern Copper Corp. (SCCO) on February 22, 2006, primarily addresses a significant event impacting its indirect parent company, Grupo Mexico, S.A. de C.V. The report details the ongoing rescue efforts at the Pasta de Conchos coal mine, following a cave-in. Grupo Mexico, through its subsidiary Minera Mexico, is dedicating absolute priority and all necessary resources to the rescue of trapped workers and the support of their families.

Key Highlights

  • 1Grupo Mexico, the indirect parent of Southern Copper, is leading rescue operations at the Pasta de Conchos coal mine.
  • 2The primary focus of Minera Mexico, a subsidiary of Grupo Mexico, is the rescue of trapped workers and care for their families.
  • 3International technical experts in rescue operations have been contracted to assist.
  • 4Rescue efforts have progressed significantly into the main cave-in zone, though other cave-ins present challenges.
  • 5Grupo Mexico assures that no effort or resource will be spared and that affected families will not be left unprotected.
  • 6The company acknowledges and thanks the Federal Government, Mexican Army, and local authorities for their support.

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