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Southern Copper Corporation (NYSE; BVL: SCCO), Phoenix, integrated mining-metallurgical producer, indirect subsidiary of Grupo Mexico and majority shareholder of Southern Peru Copper Corp, 4th local copper producer, estimates to allocate between US$60 and US$70 million to exploration activities in Mexico, Chile, Peru, Argentina and Ecuador this year, 20% of which (approximately) will be executed in Peru, Edgard Corrales, Exploration Manager for the region, told MinerAndina.

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