SOUTHERN COPPER CORP/ — Director's Dealing 2007

May 1, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SOUTHERN COPPER CORP/ (PCU)
CIK: 0001001838
Period of Report: 2007-04-30

Reporting Person: CIFUENTES GILBERTO PEREZALONSO (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-04-30	Common Stock	A	400	—	Acquired	2800	Direct

Footnotes

F1: Received pursuant to Issuer's Directors' Stock Award Plan for service as a director - exempt transaction under Rule 16b-3(d).

F2: N/A

F3: Reflects 1,200 shares acquired due to a two-for-one stock split effective October 2, 2006 - exempt transaction under Rule 16a-9(a).