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Last close 68.51000214 on 2026-10-30
Founded: 1970 (incorporation); mining since the late 1800s
Founders: Traces to 1917 Anaconda Copper acquisition of the deposit; incorporated as Sociedad Minera Cerro Verde in 1970 after 1970s nationalization; majority-owned by Freeport-McMoRan since 2007 (via its 1999 Phelps Dodge/Cyprus Climax lineage)
A major Arequipa-region copper/molybdenum mine with a long ownership history -- nationalized in 1970, privatized to Cyprus Climax in 1994, and controlled by Freeport-McMoRan since its 2007 Phelps Dodge acquisition, alongside partners Sumitomo and Buenaventura.
