UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): September 11, 2014 (September 11, 2014)
SOUTHERN COPPER CORPORATION
(Exact name of registrant as specified in its charter)
Delaware |
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1-14066 |
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13-3849074 |
(State or Other Jurisdiction |
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(Commission File Number) |
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(IRS Employer |
1440 E. Missouri Ave., Suite 160, Phoenix, AZ 85014
(Address of principal executive offices, including zip code)
(602) 264-1375
(Registrants telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
ITEM 8.01 Other Events
BUENAVISTA DEL COBRE, S.A. DE C.V. , A SUBSIDIARY OF SOUTHERN COPPER CORPORATION, REPORTS ON THE ESTABLISHMENT OF A TRUST OF TWO BILLION PESOS (APPROXIMATELY $154 MILLION) FOR THE ENVIRONMENTAL REMEDIATION AND PAYMENT OF MATERIAL DAMAGES TO THE RIVERSIDE RESIDENTS OF THE COUNTIES AFFECTED BY THE ACID SPILL THAT ENTERED THE BACANUCHI AND SONORA RIVERS.
RELEVANT EVENT
México, D.F., September 11, 2014, Buenavista del Cobre, S.A. de C.V. (the Company) reports that in order to reinforce the actions that the Company has already taken, comply with the environmental remediation plan and, in such as the case may be, pay material damages to riverside residents of the seven counties affected by the regrettable accident that occurred on August 6, 2014, the Company has committed to the Mexican Federal Government to establish a trust in the amount of two billion pesos (approximately $154 million).
The trust will have a Technical Committee, which will be comprised of the Mexican Federal Government, the Company and specialists, and will be counseled by a group of environmental experts.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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SOUTHERN COPPER CORPORATION | |
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By: |
/s/ Javier Gomez Aguilar |
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Name: |
Javier Gomez Aguilar |
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Title: |
Vice President, Legal and General Counsel |
Date: September 11, 2014