Southern Copper Corp. (PCU) – A Strong Commodity Stock
Southern Copper Corporation (NYSE: PCU), an integrated producer of copper, silver, zinc, molybdenum and other minerals, is both a thriving company and a stock that is still holding up under difficult market conditions. The company, which is headquartered in Phoenix, Arizona, has mining, smelting and refining operations in Peru and Mexico, with exploration there as well as in Chile. The company ultimately processes copper for all industrial uses. Southern Copper is the fifth largest copper company in the world, and has shown continued growth. The company has 75 percent of its mining reserves in copper. It engages in open-pit and…