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SUBSEQUENT EVENTS:
6 Months Ended
Jun. 30, 2014
SUBSEQUENT EVENTS:  
SUBSEQUENT EVENTS:

NOTE 14 — SUBSEQUENT EVENTS:

 

Dividends:

 

On July 24, 2014 the Board of Directors authorized a quarterly dividend of 12 cents per share payable on August 28, 2014 to SCC shareholders of record at the close of business on August 15, 2014.

 

Tia Maria:

 

On August 1, 2014 the MINEM approved the Environmental Impact Assessment study for the Tia Maria project. The Company expects to start work on the project by the end of this year.  Please see Note 9, Commitments and Contingencies, other Contingencies, Tia Maria.