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AMC's EXCHANGE OFFER PROPOSAL:	9 Months Ended
	Sep. 30, 2011
AMC's EXCHANGE OFFER PROPOSAL:
AMC's EXCHANGE OFFER PROPOSAL:	NOTE 3 — AMC’s EXCHANGE OFFER PROPOSAL: On July 22, 2010, the Company received a non-binding proposal from its parent company, Americas Mining Corporation (“AMC”), offering to effect an all-stock business combination of Southern Copper and AMC, the parent company of ASARCO LLC (“Asarco”), in which all stockholders of Southern Copper would receive 1.237 common shares of AMC in exchange for each share of SCC.  Under the proposal presented by AMC, the stock of AMC would be registered and listed on the New York, Mexico and the Lima Stock Exchanges.  In August 2010, the Company formed a special committee of independent directors to evaluate AMC’s proposal. On October 28, 2011, AMC announced, in light of recent discussions with the special committee of independent directors, that it had withdrawn the proposed transaction to combine AMC and Southern Copper.

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