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Thursday, February 17, 2011

Southern Copper sees merger recommendation by mid-year, (NYSE: SCCO)

Southern Copper (SCCO.N) Chief Executive Oscar Gonzalez said on Thursday he expects to have a recommendation from an independent committee evaluating a proposal to merge with U.S. copper miner Asarco by mid year. Southern Copper is a unit of Grupo Mexico (GMEXICOB.MX). (Reporting by Patricia Velez; Editing by Marguerita Choy)

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