- Current report filing (8-K)
September 29 2009 - 10:15AM
Edgar (US Regulatory)
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 28,
2009 (September 22, 2009)
SOUTHERN COPPER CORPORATION
(Exact name of registrant as specified in its charter)
DELAWARE
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File
No. 1-14066
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13-3849074
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(State or other
jurisdiction
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(Commission File
Number)
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(IRS Employer
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of
incorporation)
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Identification
Number)
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11811 North Tatum Blvd., Suite 2500,
Phoenix, AZ 85028
(Address and zip code of principal executive offices)
(602) 494-5328
(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:
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Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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o
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Soliciting material
pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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o
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR 240.14d-2(b))
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o
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR 240.13e-4(c))
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ITEM
8.01 OTHER EVENTS
On September 22, 2009, the Peruvian Branch of
Southern Copper Corporation or SCC, filed a communication with the Peruvian
Securities and Exchange Commission and the Lima Stock Exchange announcing a
decision of a civil court in the Garcia Ataucuri labor share litigation
reported in the 2008 report on Form 10-K and the First and Second Quarter
2009 Reports on Form 10-Q, and reports of previous years.
On June 5, 2009 SCCs Peruvian Branch announced
that the Peruvian Supreme Court had rendered a decision in the litigation
commenced in 1996 by Mr. Garcia Ataucuri and approximately 800 former
employees of SCCs Peruvian Branch ordering the Peruvian Branch to deliver a
substantial number of labor shares (acciones laborales) of SCCs Peruvian
Branch plus dividends on such shares to former employees.
On June 9, 2009 SCCs
Peruvian Branch filed an extraordinary appeal before a civil court in Peru
seeking the nullity of the Supreme Court decision and other protective
measures. The civil court has now rendered a favorable decision suspending the
enforcement of the Supreme Court decision, among other reasons, because the
Supreme Court decision had clearly stated that SCCs Peruvian Branch may prove,
by all legal means, its assertion that the labor shares and dividends were
distributed to the former employees in accordance with the profit sharing law
then in effect, assertion which SCCs Peruvian Branch continues to make. In
view of this and the recent civil court decision, SCCs Peruvian Branch
continues to analyze the manner in which the Supreme Court decision may be
enforced or what financial impact, if any, said decision may have.
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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:
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/s/ Jose N. Chirinos
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Name:
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Jose N. Chirinos
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Title:
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Comptroller
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Date: September 28,
2009
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