Business Context and Reporting Period
This Form 8-K is a current report filed by Southern Copper Corporation (SCCO) on July 23, 2021, regarding events occurring on July 21, 2021. The company is incorporated in Delaware and trades on the New York Stock Exchange and Lima Stock Exchange.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses on corporate governance changes rather than financial performance.
Material Changes
- Director Resignation: Mr. Rafael MacGregor Anciola resigned as a director and member of the Audit Committee effective July 21, 2021, to pursue other professional interests.
- Reason for Departure: The company stated there was no disagreement between Mr. MacGregor Anciola and the company or its management.
- Appointment: On July 22, 2021, the Board appointed Mr. Vicente Ariztegui Andreve to replace Mr. MacGregor Anciola on the Audit Committee.
Guidance, Outlook, and Risks
The filing contains no guidance, outlook, management commentary on operations, risks, contingencies, or unusual items. The document is limited to the disclosure of the director's departure and subsequent appointment.
Investor Verification Checklist
- Verify the effective date of Mr. MacGregor Anciola's resignation (July 21, 2021).
- Confirm the appointment of Mr. Vicente Ariztegui Andreve to the Audit Committee.
- Review the company's proxy statements or subsequent filings for the full composition of the Board of Directors.