When will the declared dividend be paid, and who is eligible?

The dividend of $0.58 per share is payable on March 1, 2011, to shareholders who were of record at the close of business on February 15, 2011.

What 'proposed transaction' is mentioned in the filing, and where can I find more information?

The filing mentions a 'proposed transaction' and directs investors to a future Proxy Statement that will be filed with the SEC. Investors are urged to read this Proxy Statement carefully when it becomes available for important information. Free copies can be obtained from the SEC's website or by contacting Southern Copper's Investor Relations.

What are the risks associated with the 'forward-looking statements' mentioned in the filing?

The risks include challenges in entering definitive agreements for the proposed transaction, outcomes of due diligence, achieving transaction benefits, integration issues with acquired businesses, transaction costs, regulatory approvals, third-party consents, increased costs, metal price fluctuations, unfavorable economic conditions, changes in the legal and regulatory environment, and political instability.

SCCO 8-K SEC Disclosure

Q: What is the main purpose of this 8-K filing?

The primary purpose of this 8-K filing is to announce Southern Copper Corporation's financial results for the quarter and full year ended December 31, 2010, and to inform investors about a dividend authorized by the Board of Directors.

Summary

Southern Copper Corporation (SCCO) filed an 8-K on February 2, 2011, to report on its financial results for the quarter and full year ended December 31, 2010. The press release announcing these results, attached as Exhibit 99.1, also disclosed important shareholder actions. Specifically, the Board of Directors authorized a dividend of $0.58 per share, payable on March 1, 2011, to shareholders of record as of February 15, 2011. This dividend payment reflects the company's commitment to returning value to its shareholders. The filing also includes forward-looking statements and information regarding a proposed transaction, urging investors to review related proxy materials when available. Investors are cautioned regarding the inherent risks and uncertainties associated with these forward-looking statements, including potential impacts on integration, costs, regulatory approvals, and market conditions.

Key Highlights

1SCCO announced its financial results for the fourth quarter and full year ended December 31, 2010.
2The company's Board of Directors authorized a dividend of $0.58 per share.
3The dividend payment is scheduled for March 1, 2011.
4Shareholders of record as of February 15, 2011, are eligible for the dividend.
5The 8-K filing incorporates a press release detailing these financial results and dividend declaration.
6The filing also references a proposed transaction and directs investors to future proxy statements for more information.
7Forward-looking statements included in the filing highlight potential risks and uncertainties related to future operations and proposed transactions.

SOUTHERN COPPER CORP/ 8-K Report, Corporate Update (Feb 3, 2011)

Summary

Key Highlights

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