SCCO 8-K Current Reports
SOUTHERN COPPER CORP/ - 285 current reports
SOUTHERN COPPER CORP/ 8-K Report, Corporate Update (Jun 26, 2026)
Southern Copper Corporation, through its Peruvian subsidiary Southern Peru Copper Corporation (SPCC), has successfully raised US$1.25 billion via a bond offering in the New York market. This significant capital infusion is earmarked for the development of the Tía María mining project. This move signals a major step forward in advancing one of the company's key growth projects and demonstrates the market's confidence in SPCC's ability to secure substantial financing for its development plans. The Tía María project has been a focus for SCCO, and this successful debt financing is crucial for moving it closer to production. Investors should monitor the project's progress, regulatory approvals, and any potential community relations developments, as these will be key factors in the project's ultimate success and its contribution to Southern Copper's future revenue and profitability.
SOUTHERN COPPER CORP/ 8-K Report, Material Agreement (Jun 25, 2026)
Southern Copper Corporation (SCCO) has successfully completed a registered public offering, raising approximately U.S.$1.241 billion in net proceeds through the sale of U.S.$1.25 billion aggregate principal amount of 5.350% notes due 2036. This issuance, detailed in an 8-K filing dated June 25, 2026, aims to bolster the company's financial position and fund key strategic initiatives. The net proceeds are earmarked for significant development projects, including the Tia Maria project, capital expenditures for its Peruvian operations (SPCC), and general corporate purposes. This move signals SCCO's commitment to expanding its operations and managing its financial resources effectively to support its long-term growth strategy.
SOUTHERN COPPER CORP/ 8-K Report, Corporate Update (Jun 17, 2026)
Southern Copper Corporation (SCCO) announced on June 17, 2026, the pricing of $1.25 billion in 5.350% fixed rate senior unsecured notes due 2036. This debt offering, expected to close around June 24, 2026, represents a significant move to secure long-term financing for key operational and developmental initiatives within its Peruvian subsidiary, Southern Peru Copper Corporation (SPCC). The net proceeds are earmarked for the crucial development of the Tia Maria project, the broader capital expenditure program of SPCC, and general corporate purposes including working capital. This strategic financing underscores SCCO's commitment to expanding its operations and supporting its future growth, particularly in Peru, which is a core region for the company's copper production and development pipeline.
SOUTHERN COPPER CORP/ 8-K Report, Executive Changes (Apr 29, 2026)
Southern Copper Corporation (SCCO) has filed an 8-K reporting the unexpected passing of its President, CEO, and Board member, Oscar Gonzalez Rocha, on April 13, 2026. This marks the end of a significant era for the company, with Mr. Rocha's 50-year career noted for his transformative leadership in the mining industry. The Board of Directors has acted swiftly, appointing Mr. Leonardo Contreras Lerdo de Tejada as the new Chief Executive Officer, effective April 23, 2026. Mr. Contreras Lerdo de Tejada will retain his position on the Board. Investors are assured that, as of this filing, no changes to his existing compensation package have been made in conjunction with this appointment, with further disclosures to follow should any material compensatory arrangements be agreed upon.
SOUTHERN COPPER CORP/ 8-K Report, Financial Results (Apr 29, 2026)
Southern Copper Corporation (SCCO) has filed an 8-K report on April 29, 2026, to announce its first-quarter financial results for the period ending March 31, 2026. The primary focus of this filing is the declaration of dividends, which provides direct financial returns to shareholders. Investors should note that while the press release details operational and financial conditions, the information is furnished and not considered 'filed' for purposes of regulatory sections like Section 18 of the Securities Act of 1934, meaning it won't be automatically incorporated into future SEC filings. The key takeaway for investors is the company's commitment to returning capital through dividends. SCCO's Board of Directors authorized a quarterly cash dividend of $1.00 per share, alongside a stock dividend of 0.0100 shares per share. This dual dividend structure aims to reward shareholders while potentially managing its capital efficiently. The payout is scheduled for May 29, 2026, to shareholders of record as of May 13, 2026.
SOUTHERN COPPER CORP/ 8-K Report, Executive Changes (Apr 17, 2026)
Southern Copper Corporation (SCCO) has filed an 8-K report on April 17, 2026, to announce a significant leadership change. The company reported the unexpected passing of its President and Chief Executive Officer, Oscar Gonzalez Rocha. This development represents a material event for investors, as CEO transitions can impact strategic direction, operational execution, and investor confidence. In response to this unforeseen event, the Board of Directors has appointed Leonardo Contreras Lerdo de Tejada as interim Chief Executive Officer, effective April 16, 2026. Mr. Contreras Lerdo de Tejada, who also remains on the Board, will lead the company during this transitional period. The company is actively engaged in its succession planning to identify and appoint a permanent CEO, a process that investors will be closely monitoring.
SOUTHERN COPPER CORP/ 8-K Report, Corporate Update (Apr 13, 2026)
Southern Copper Corporation (SCCO) has filed an 8-K to report the unexpected passing of its President, Chief Executive Officer, and Board member, Mr. Oscar Gonzalez Rocha, on April 7, 2026. This significant leadership change will necessitate the appointment of a successor or interim CEO by the Board of Directors. Investors should closely monitor the company's upcoming communications for updates on the leadership transition and its potential impact on strategic direction and operational continuity.
SOUTHERN COPPER CORP/ 8-K Report, Financial Results (Jan 28, 2026)
Southern Copper Corporation (SCCO) has filed an 8-K report on January 27, 2026, primarily announcing its Board of Directors' authorization of a quarterly cash dividend and a stock dividend. The cash dividend will be $1.00 per share, and the stock dividend will be 0.0085 shares per common share. These dividends are payable on February 27, 2026, to shareholders of record on February 10, 2026. While the report does not detail financial performance for the fourth quarter and full year 2025, the dividend announcement is a key takeaway for investors, indicating continued capital return to shareholders. Investors should note that the information provided in this report, including the press release, is furnished and not deemed "filed" under Section 18 of the Securities Exchange Act of 1934, meaning it will not be automatically incorporated into future SEC filings unless explicitly referenced.
SOUTHERN COPPER CORP/ 8-K Report, Financial Results (Oct 29, 2025)
Southern Copper Corporation (SCCO) has filed a Current Report (8-K) primarily announcing its dividend policy and related actions approved by its Board of Directors. On October 23, 2025, the Board authorized a quarterly cash dividend of $0.90 per share, alongside a stock dividend of 0.0085 shares per common share. These dividends are scheduled to be paid on November 28, 2025, to shareholders of record as of November 12, 2025. Investors should note that for fractional shares resulting from the stock dividend, SCCO will distribute cash based on a per-share price of $129.74, which represents the average high and low share price on October 23, 2025. The company has also attached the press release detailing these financial results and dividend announcements as an exhibit, though it is furnished and not deemed 'filed' for certain regulatory purposes.
SOUTHERN COPPER CORP/ 8-K Report, Financial Results (Jul 29, 2025)
Southern Copper Corporation (SCCO) has filed an 8-K report detailing two key events that occurred around July 27-28, 2025. The company announced its second-quarter financial results, alongside a significant shareholder distribution plan. The Board of Directors has authorized a quarterly cash dividend of $0.80 per share and a stock dividend of 0.0101 shares per share. These dividends are payable on September 4, 2025, to shareholders of record as of August 15, 2025. Furthermore, the company has appointed Mr. Patricio Ovejas Simon as the new Executive Vice President, effective July 24, 2025. Mr. Ovejas Simon brings a wealth of experience from various executive roles in finance, IT, operations, and venture capital, including his recent position as CFO and Head of IT at Grupo Cinemex. This appointment signals a potential strengthening of the company's executive leadership and strategic capabilities.
SOUTHERN COPPER CORP/ 8-K Report, Shareholder Vote Results (May 29, 2025)
Southern Copper Corporation (SCCO) filed an 8-K report detailing the outcomes of its 2025 Annual Meeting of Stockholders, held on May 23, 2025. The meeting saw overwhelming participation, with approximately 97.05% of outstanding shares voted, indicating strong shareholder engagement. Key resolutions passed with significant support, reflecting management's alignment with investor interests. All nine director nominees were elected to serve until the 2026 annual meeting. Shareholders also overwhelmingly approved amendments to the Company's Directors' Stock Award Plan, extending its term by three years, and ratified the selection of Galaz, Yamazaki, Ruiz Urquiza S.C. as the independent accountants for 2025. Furthermore, the executive compensation plan received strong approval in a non-binding advisory vote. These outcomes suggest continued confidence in the company's leadership and governance.
SOUTHERN COPPER CORP/ 8-K Report, Financial Results (Apr 25, 2025)
Southern Copper Corporation (SCCO) has filed an 8-K report detailing its first-quarter 2025 financial results and dividend declaration. A key takeaway for investors is the Board of Directors' authorization of a quarterly cash dividend of $0.70 per share and a stock dividend of 0.0099 shares per share, both payable on May 19, 2025. This signals a continued commitment to returning capital to shareholders. While the full financial performance details for the quarter are expected to be elaborated in the attached press release (Exhibit 99.1), the immediate focus for investors is on the declared dividend. The company is also providing cash in lieu of fractional shares, based on a specific share price, which is a standard practice to streamline dividend distribution. Investors should refer to the full press release for comprehensive financial and operational insights.
SOUTHERN COPPER CORP/ 8-K Report, Executive Changes (Apr 17, 2025)
Southern Copper Corporation (SCCO) announced a key leadership change in its exploration division via an 8-K filing on April 16, 2025, effective April 10, 2025. Mr. Juan Fernando Nuñez Chávez has been appointed as the new Vice President, Explorations, succeeding Mr. Edgard Corrales. This appointment signifies a continued focus on the company's growth and resource development strategies. Mr. Nuñez Chávez brings extensive experience, with over 40 years in the mining industry, specifically in the exploration of metallic mineral deposits. His long tenure as Explorations Manager at Southern Peru Copper Corporation and his academic background as a Geological Engineer and university professor underscore his deep expertise. While Mr. Corrales is transitioning to an Advising Director of New Projects role within a subsidiary, the elevation of Mr. Nuñez Chávez to this critical position highlights SCCO's commitment to leveraging seasoned talent for future exploration successes and project advancements.
SOUTHERN COPPER CORP/ 8-K Report, Financial Results (Feb 12, 2025)
Southern Copper Corporation (SCCO) has filed an 8-K report detailing its fourth quarter and full year 2024 financial results and dividend announcements. Key for investors is the declaration of a quarterly cash dividend of $0.70 per share, alongside a stock dividend of 0.0073 shares per common share. Both are payable on February 27, 2025, to shareholders of record on February 11, 2025. Fractional shares from the stock dividend will be settled in cash, calculated based on a share price of $95.86. While the press release attached to this 8-K provides these dividend details and announces the financial results, it's important to note that the information furnished in this report and its exhibit is not deemed 'filed' for the purposes of Section 18 of the Securities Exchange Act of 1934. Therefore, it will not be automatically incorporated into SCCO's other SEC filings unless explicitly stated.
SOUTHERN COPPER CORP/ 8-K Report, Corporate Update (Feb 10, 2025)
Southern Copper Corporation (SCCO), through its indirect subsidiary Minera Mexico, S.A. de C.V., has successfully priced a $1.0 billion offering of 5.625% Senior Notes due 2032. This issuance, conducted under Rule 144A and Regulation S, is a significant financing event for the company. The notes are set to close on February 12, 2025, and will provide the company with substantial capital to support its growth initiatives.
SOUTHERN COPPER CORP/ 8-K Report, Financial Results (Oct 22, 2024)
Southern Copper Corporation (SCCO) has filed an 8-K report detailing two key events. The primary information for investors relates to the company's third-quarter financial results for the period ending September 30, 2024, as announced in a press release on October 21, 2024. While the specific financial details are not provided within this 8-K's text, the issuance of this press release signifies an upcoming disclosure of their operational and financial performance. Investors should look for the full press release to understand revenue, profitability, production levels, and any forward-looking guidance. Additionally, the report notes the resignation of Mr. Gilberto Perezalonso Cifuentes from the Board of Directors, effective October 16, 2024, due to his pursuit of other professional interests. The company stated there were no disagreements associated with his departure and expressed gratitude for his service.
SOUTHERN COPPER CORP/ 8-K Report, Financial Results (Oct 22, 2024)
Southern Copper Corporation (SCCO) announced its financial results for the second quarter ended September 30, 2024, via a press release filed on October 22, 2024. While the filing itself is brief and primarily references the press release for detailed operational and financial performance, it discloses significant capital allocation decisions to shareholders. The company's Board of Directors has authorized a quarterly cash dividend of $0.70 per share and a stock dividend of 0.0062 shares per share. Both are payable on November 21, 2024, to shareholders of record as of November 6, 2024. This indicates continued commitment to returning value to shareholders, though investors will need to refer to the press release (Exhibit 99.1) for specific financial performance metrics and operational updates.
SOUTHERN COPPER CORP/ 8-K Report, Financial Results (Jul 19, 2024)
Southern Copper Corporation (SCCO) filed an 8-K on July 19, 2024, primarily announcing its Board of Directors' authorization of a quarterly cash dividend and a stock dividend. The cash dividend is set at $0.60 per share, and the stock dividend amounts to 0.0056 shares per common share. Both are payable on August 26, 2024, to shareholders of record as of August 9, 2024. This filing focuses on shareholder returns and does not contain detailed financial performance results for the second quarter of 2024, which are expected to be released in a separate announcement.
SOUTHERN COPPER CORP/ 8-K Report, Corporate Update (Jul 5, 2024)
Southern Copper Corporation (SCCO) announced a significant development regarding its Tia Maria project in Peru. The company's Peruvian branch, Southern Peru Copper Corporation (SPCC), has decided to restart construction on the project, which had previously faced social and political hurdles. This decision comes after extensive discussions with the Peruvian government, indicating a potential resolution or mitigation of the concerns that had stalled progress.
SOUTHERN COPPER CORP/ 8-K Report, Shareholder Vote Results (May 28, 2024)
Southern Copper Corporation (SCCO) held its 2024 Annual Meeting of Stockholders on May 24, 2024, where key corporate governance matters were presented to shareholders for approval. The meeting saw a strong turnout, with approximately 96.82% of outstanding voting securities participating. Shareholders overwhelmingly approved the election of ten directors, ratified the appointment of Galaz, Yamazaki, Ruiz Urquiza S.C. as the independent accountants for 2024, and by a significant margin, approved the company's executive compensation through a non-binding advisory vote. The election of directors passed with substantial support, indicating shareholder confidence in the current board's leadership. The ratification of the independent auditors is a routine but important procedural step to ensure financial transparency and regulatory compliance. The advisory vote on executive compensation also received strong backing, suggesting that compensation packages are aligned with shareholder expectations.
SOUTHERN COPPER CORP/ 8-K Report, Financial Results (Apr 26, 2024)
Southern Copper Corporation (SCCO) has filed an 8-K report on April 25, 2024, primarily announcing its first-quarter 2024 financial results via a press release issued on April 25, 2024. While the full financial details are expected in a more comprehensive filing, this report highlights a significant capital return to shareholders: a stock dividend authorized on April 18, 2024. Shareholders of record on May 8, 2024, will receive 0.0104 shares of common stock per share owned, with cash payments in lieu of fractional shares.
SOUTHERN COPPER CORP/ 8-K Report, Financial Results (Feb 2, 2024)
Southern Copper Corporation (SCCO) has filed an 8-K report on February 2, 2024, primarily announcing its fourth quarter and full-year financial results for the period ending December 31, 2023. While the full financial details are expected in the attached press release (Exhibit 99.1), a key piece of information for investors is the declaration of a dividend. The company's Board of Directors authorized a dividend of $0.80 per share. This dividend is scheduled to be paid on February 29, 2024, with a record date of February 13, 2024. This signals continued confidence in the company's financial position and a commitment to returning capital to shareholders.
SOUTHERN COPPER CORP/ 8-K Report, Code of Ethics Amendment (Oct 25, 2023)
Southern Copper Corp (SCCO) filed an 8-K on October 25, 2023, primarily to report an amendment to its Code of Business Conduct and Ethics (the "Ethics Code"). This update, approved by the Board of Directors on October 20, 2023, involves technical, administrative, and non-substantive changes, including an update to the reporting management system portal. The company is disclosing this amendment as a precaution, should any changes be deemed more than technical. While the amendments are considered non-material by the company, investors can find the full, updated Ethics Code on Southern Copper Corp's investor relations website under the 'Corporate Governance' section. This filing does not contain any new financial results or significant operational updates.
SOUTHERN COPPER CORP/ 8-K Report, Financial Results (Oct 25, 2023)
Southern Copper Corporation (SCCO) announced its financial results for the quarter ended September 30, 2023, via a press release filed on October 24, 2023. While the filing itself primarily serves to attach this press release, the key takeaway for investors is the declaration of a quarterly dividend. The company's Board of Directors authorized a dividend of $1.00 per share, scheduled to be paid on November 22, 2023, to shareholders of record as of November 8, 2023. This dividend declaration indicates the company's continued commitment to returning capital to its shareholders. Investors should note that the detailed financial performance for the quarter is contained within the press release (Exhibit 99.1), which is furnished as part of this 8-K filing. The information provided in this 8-K is furnished and not deemed "filed," meaning it does not automatically update the company's SEC filings unless expressly incorporated by reference.
SOUTHERN COPPER CORP/ 8-K Report, Financial Results (Jul 28, 2023)
Southern Copper Corporation (SCCO) filed an 8-K on July 27, 2023, primarily to announce its financial results for the quarter ended June 30, 2023, and a subsequent dividend declaration. The company reported its second-quarter 2023 financial performance, providing investors with key operational and financial metrics. A significant highlight for shareholders is the Board of Directors' authorization of a $1.00 per share dividend, payable in August 2023, signaling continued returns to investors.
SOUTHERN COPPER CORP/ 8-K Report, Shareholder Vote Results (May 30, 2023)
Southern Copper Corporation (SCCO) filed an 8-K on May 29, 2023, detailing the outcomes of its 2023 Annual Meeting of Stockholders held on May 26, 2023. The meeting saw strong participation, with approximately 96.81% of outstanding shares eligible to vote being cast. The primary focus for investors in this filing is the shareholder voting results on key corporate governance matters. All proposals presented to shareholders passed with significant support. This includes the election of all nine directors, the ratification of the appointment of Galaz, Yamazaki, Ruiz Urquiza S.C. as the independent accountants, and the approval of the company's executive compensation. Furthermore, shareholders overwhelmingly recommended that future advisory votes on executive compensation be held annually.
SOUTHERN COPPER CORP/ 8-K Report, Financial Results (Apr 27, 2023)
Southern Copper Corporation (SCCO) filed an 8-K on April 26, 2023, primarily to announce its financial results for the first quarter ended March 31, 2023, and a new dividend declaration. The company's Board of Directors authorized a dividend of $1.00 per share, payable on May 23, 2023, to shareholders of record on May 9, 2023. This proactive dividend payment signals the company's confidence in its financial standing and commitment to returning value to shareholders. While the 8-K filing itself does not contain detailed financial performance figures for the quarter, it refers to an attached press release (Exhibit 99.1) which provides these results. Investors should consult the referenced press release for specific metrics such as revenue, earnings, production volumes, and cost performance to gain a comprehensive understanding of the company's operational and financial health during the period.
SOUTHERN COPPER CORP/ 8-K Report, Financial Results (Feb 3, 2023)
Southern Copper Corporation (SCCO) filed an 8-K on February 2, 2023, primarily to announce financial results for the fourth quarter and full year ended December 31, 2022. While the full financial details would be in the attached press release (Exhibit 99.1), a key piece of information disclosed is the authorization of a $1.00 per share dividend. This dividend is set to be paid on March 1, 2023, to shareholders of record as of February 14, 2023, indicating a continued commitment to returning capital to shareholders. Investors should note that this 8-K filing itself does not contain the detailed financial performance metrics for the period. The information provided here is intended to inform about the dividend declaration and the availability of the full financial results via the attached press release. The company is emphasizing that the furnished information is not deemed "filed" under Section 18 of the Securities Exchange Act of 1934, a standard disclosure for such announcements.
SOUTHERN COPPER CORP/ 8-K Report, Financial Results (Oct 28, 2022)
Southern Copper Corporation (SCCO) filed an 8-K report on October 27, 2022, primarily to disclose financial results and dividend information. The company announced a quarterly dividend of $0.50 per share, scheduled to be paid on November 23, 2022, to shareholders of record as of November 9, 2022. This dividend declaration indicates continued confidence in the company's financial health and commitment to returning value to shareholders. While the 8-K itself does not contain the detailed financial results for the quarter ended September 30, 2022, it references a press release (Exhibit 99.1) where these results were announced. Investors should refer to the attached press release for specific operational and financial performance metrics. The filing also clarifies that the information furnished is not considered "filed" for regulatory purposes, a standard disclaimer for such disclosures.
SOUTHERN COPPER CORP/ 8-K Report, Financial Results (Jul 27, 2022)
Southern Copper Corporation (SCCO) filed an 8-K on July 26, 2022, to announce its financial results for the quarter ended June 30, 2022. The most significant investor-focused piece of information within this filing is the declaration of a quarterly dividend. The Board of Directors authorized a cash dividend of $0.75 per share, which is scheduled to be paid on August 25, 2022, to shareholders of record as of August 11, 2022. While the 8-K primarily serves as a notification mechanism for the dividend and refers to a separate press release for detailed financial results, the dividend announcement provides a direct return of capital to shareholders. Investors will want to note the record date and payment date to ensure they are eligible to receive this dividend payment.
SOUTHERN COPPER CORP/ 8-K Report, Code of Ethics Amendment (Jul 26, 2022)
Southern Copper Corporation (SCCO) filed an 8-K on July 25, 2022, to announce an amendment to its Code of Ethics and Business Conduct, effective July 21, 2022. The primary driver for this amendment was to ensure the Code aligns with the express language and requirements of Item 406 of Regulation S-K, as well as the regulations of the New York Stock Exchange. Additionally, the amendments aim to comply with the ethical requirements mandated by the various governmental authorities in the jurisdictions where the Company operates. These updates broaden the scope of the Code to explicitly cover all subsidiaries, business units, branches, affiliates, and other entities related to SCCO's mining operations, irrespective of the geographical location of their activities. While this filing does not contain new financial or operational data, it signals the company's commitment to maintaining robust ethical standards and regulatory compliance across its global operations, which is a key consideration for investors assessing corporate governance and risk management.
SOUTHERN COPPER CORP/ 8-K Report, Shareholder Vote Results (Jun 1, 2022)
Southern Copper Corporation (SCCO) held its 2022 Annual Meeting of Stockholders on May 27, 2022, with a strong turnout of approximately 96.56% of outstanding shares voting. The meeting's primary purpose was to vote on key corporate matters, including the election of directors, amendments to executive compensation plans, and the ratification of independent auditors. All proposals presented to shareholders passed with overwhelming support, indicating broad shareholder confidence in the company's leadership and governance. Key outcomes include the re-election of all nine directors, the approval of an amendment to extend the Directors' Stock Award Plan for five years, and the ratification of the appointment of Galaz, Yamazaki, Ruiz Urquiza S.C. as independent accountants for 2022. Shareholder approval was also granted for the company's executive compensation through a non-binding advisory vote. A shareholder proposal, however, did not receive majority support. This consistent shareholder approval across critical agenda items suggests stability and alignment between management and its investors.
SOUTHERN COPPER CORP/ 8-K Report, Financial Results (May 3, 2022)
Southern Copper Corporation (SCCO) filed an 8-K on May 2, 2022, primarily to announce its financial results for the quarter ended March 31, 2022. While the 8-K itself does not contain the detailed financial figures, it references a press release (Exhibit 99.1) that provides these results. Investors should refer to the attached press release for comprehensive financial performance data. A significant piece of information for shareholders is the declaration of a dividend. The Board of Directors authorized a dividend payment of $1.25 per share, which was scheduled to be paid on May 31, 2022, to shareholders of record as of May 17, 2022. This indicates continued commitment to returning capital to shareholders.
SOUTHERN COPPER CORP/ 8-K Report, Corporate Update (Apr 27, 2022)
Southern Copper Corporation (SCCO) has reported the resolution of an illegal blockade and occupation affecting its Cuajone mine in Peru. Community members from the Tumilaca, Pocata, Coscore and Tala Community, who had unlawfully blocked the railroad access and occupied the Viña Blanca water reservoir, have withdrawn from these sites as of April 22, 2022. This development is crucial for restoring operational stability at the Cuajone mine.
SOUTHERN COPPER CORP/ 8-K Report, Corporate Update (Mar 15, 2022)
Southern Copper Corporation (SCCO) disclosed a significant operational disruption at its Cuajone mine in Peru. A group from the Tumilaca, Pocata, Coscore, and Tala rural communities has illegally occupied the Viña Blanca reservoir for a second time, cutting off the water supply to the mine and its associated townsite. This action directly threatens the well-being of approximately 5,000 residents and has paralyzed copper production from the Cuajone mine, a key asset for the company. The company, through its Peruvian branch (SPCC), denies allegations of land usurpation, stating that its mining concessions and rights were legally granted by the Peruvian State in 1951 and have been in operation for over 45 years. SPCC has appealed to the Peruvian government and police to restore order and protect the water rights of the community, emphasizing its willingness to engage in dialogue once violent tactics cease.
SOUTHERN COPPER CORP/ 8-K Report, Financial Results (Feb 2, 2022)
Southern Copper Corporation (SCCO) has filed an 8-K report on February 2, 2022, to announce its financial results for the fourth quarter and full year ended December 31, 2021. While the full details of the financial performance are embedded within the referenced press release (Exhibit 99.1), a key piece of information for investors is the authorization of a quarterly dividend. The Board of Directors approved a dividend of $1.00 per share, scheduled to be paid on March 2, 2022, to shareholders of record as of February 15, 2022. This dividend announcement indicates continued confidence in the company's financial health and a commitment to returning capital to shareholders. Investors should refer to the full press release for comprehensive details on the company's operational and financial performance during the reporting period, which will provide context for this dividend decision and future prospects.
SOUTHERN COPPER CORP/ 8-K Report, Bylaw Amendment (Jan 31, 2022)
Southern Copper Corporation (SCCO) filed an 8-K on January 30, 2022, reporting an amendment to its By-Laws, effective January 27, 2022. The primary change involves the quorum requirement for Board of Directors meetings. Previously, a quorum required eight members; this has been reduced to a majority of the Board members. This amendment simplifies board meeting procedures by lowering the threshold for valid decision-making. Investors should note that while this change may facilitate more efficient board operations, it does not fundamentally alter the company's operational or financial performance as detailed in other filings. The full amended By-Laws are available as an exhibit.
SOUTHERN COPPER CORP/ 8-K Report, Financial Results (Oct 27, 2021)
Southern Copper Corporation (SCCO) filed an 8-K on October 26, 2021, to report on its financial condition and results of operations for the quarter ended September 30, 2021. The primary driver of this filing is the announcement of a quarterly dividend. The company's Board of Directors authorized a dividend payment of $1.00 per share, which is scheduled to be paid on November 23, 2021, to shareholders of record as of November 10, 2021. This dividend declaration signals the company's ongoing commitment to returning capital to its shareholders. While the filing references the press release announcing these results, it does not contain detailed financial performance metrics beyond the dividend announcement itself.
SOUTHERN COPPER CORP/ 8-K Report, Financial Results (Jul 27, 2021)
Southern Copper Corporation (SCCO) announced its financial results for the quarter ended June 30, 2021, via a press release filed on July 26, 2021. The company also reported that its Board of Directors authorized a dividend of $0.90 per share, scheduled to be paid on August 26, 2021, to shareholders of record as of August 12, 2021. This filing primarily serves to furnish the press release containing these updates, rather than being a detailed financial statement within the 8-K itself. Investors should refer to the attached Exhibit 99.1 for the specific details of the quarterly results and dividend information.
SOUTHERN COPPER CORP/ 8-K Report, Executive Changes (Jul 23, 2021)
Southern Copper Corporation (SCCO) filed an 8-K on July 22, 2021, reporting a change in its Board of Directors. Mr. Rafael MacGregor Anciola resigned from his position as a director and as a member of the Audit Committee, effective July 21, 2021, citing a desire to pursue other professional interests. The company stated there were no disagreements with Mr. MacGregor Anciola regarding his departure. In response to this vacancy, the Board of Directors appointed Mr. Vicente Ariztegui Andreve to the Audit Committee. This filing primarily signals a routine board succession and does not appear to involve any significant financial developments or strategic shifts for the company based on the provided information. Investors should note this as a governance update.
SOUTHERN COPPER CORP/ 8-K Report, Shareholder Vote Results (Jun 2, 2021)
This 8-K filing from Southern Copper Corp. (SCCO) reports on the outcomes of its 2021 Annual Meeting of Stockholders held on May 28, 2021. The meeting saw overwhelming participation, with approximately 96.58% of outstanding voting shares represented. Key outcomes include the election of all ten directors, the ratification of the appointment of Galaz, Yamazaki, Ruiz Urquiza S.C. as independent accountants for 2021, and the advisory approval of the company's executive compensation. Of particular note for investors is the strong support for the company's proposed slate of directors and its executive compensation plan, indicating continued confidence from shareholders in the current leadership and governance. The ratification of the independent auditors is also a routine but important step in maintaining financial transparency and integrity. However, a shareholder proposal, detailed in the proxy statement, did not receive majority support.
SOUTHERN COPPER CORP/ 8-K Report, Financial Results (Apr 28, 2021)
Southern Copper Corporation (SCCO) filed an 8-K on April 27, 2021, primarily to announce its first-quarter 2021 financial results and a new dividend. The company reported strong performance for the quarter ended March 31, 2021, reflecting a positive market environment for copper. Investors should note the declaration of a $0.70 per share dividend, demonstrating the company's commitment to returning capital to shareholders. This filing provides a snapshot of the company's financial health and capital allocation strategy at the beginning of 2021.
SOUTHERN COPPER CORP/ 8-K Report, Financial Results (Jan 27, 2021)
Southern Copper Corporation (SCCO) announced its financial results for the fourth quarter and full year ended December 31, 2020, via a press release filed on January 26, 2021. This filing primarily serves to incorporate the information from this press release, which is attached as an exhibit. Investors should note that this information is furnished and not deemed "filed" for the purposes of certain sections of SEC regulations, meaning it won't be automatically incorporated into future SEC filings unless explicitly stated.
SOUTHERN COPPER CORP/ 8-K Report, Financial Results (Oct 27, 2020)
Southern Copper Corporation (SCCO) filed an 8-K on October 26, 2020, primarily to announce its third-quarter financial results and a subsequent dividend payment. The company reported its financial condition and results of operations for the quarter ended September 30, 2020. While the full financial details are in the press release (Exhibit 99.1), the key operational update is the authorization of a $0.50 per share dividend. This dividend is scheduled to be paid on November 24, 2020, to shareholders of record as of November 11, 2020. This announcement indicates a continued commitment by SCCO to return capital to its shareholders, which is a positive signal for investors, especially considering the company's performance during the quarter. Investors should refer to the attached press release for a comprehensive understanding of the company's financial performance.
SOUTHERN COPPER CORP/ 8-K Report, Financial Results (Jul 28, 2020)
Southern Copper Corporation (SCCO) filed an 8-K on July 28, 2020, primarily to announce financial results for the quarter ended June 30, 2020, via a press release. While the specific financial performance details (revenue, net income, etc.) are not detailed within the 8-K itself but rather in the attached press release (Exhibit 99.1), the filing does confirm the company's proactive approach to shareholder returns. Of significant interest to investors is the authorization of a quarterly dividend of $0.40 per share. This demonstrates the company's commitment to returning capital to its shareholders, a key factor for income-oriented investors. The dividend is set to be paid on August 25, 2020, to shareholders of record as of August 12, 2020.
SOUTHERN COPPER CORP/ 8-K Report, Bylaw Amendment (Jul 28, 2020)
Southern Copper Corporation (SCCO) filed an 8-K on July 28, 2020, detailing key governance and shareholder engagement updates. The company's Board of Directors amended its By-Laws to permit virtual or hybrid stockholder meetings, a significant adaptation in response to the COVID-19 pandemic. This move aims to ensure continued stockholder participation in corporate governance regardless of physical gathering limitations, offering flexibility for both in-person and remote attendance. Furthermore, the 8-K reports the outcomes of SCCO's 2020 Annual Meeting of Stockholders held on July 24, 2020. The meeting saw a high turnout, with over 96.92% of outstanding shares represented. Key resolutions passed with strong support, including the election of all ten directors, the ratification of the independent auditor (Galaz, Yamazaki, Ruiz Urquiza S.C., a member firm of Deloitte Touche Tohmatsu Limited) for calendar year 2020, and the advisory approval of executive compensation. These outcomes suggest continued confidence from shareholders in the company's leadership and financial oversight.
SOUTHERN COPPER CORP/ 8-K Report, Financial Results (Apr 27, 2020)
Southern Copper Corporation (SCCO) announced its first-quarter 2020 financial results in a press release issued on April 24, 2020, and filed with the SEC on April 26, 2020. The key financial highlight from this report is the authorization of a quarterly dividend. Despite the focus on the dividend, it is important for investors to note that the detailed financial results themselves were not directly included in this 8-K filing but were presented in an attached press release. This press release, dated April 24, 2020, contained the company's financial outcomes for the quarter ending March 31, 2020. Investors should refer to Exhibit 99.1 for the specific financial performance details.
SOUTHERN COPPER CORP/ 8-K Report, Financial Results (Feb 26, 2020)
Southern Copper Corporation (SCCO) filed an 8-K on February 25, 2020, to announce its financial results for the fourth quarter and full year ended December 31, 2019. While the full financial details are within the furnished press release (Exhibit 99.1), the key actionable item for investors highlighted in the filing is the declaration of a quarterly dividend. The company's Board of Directors authorized a dividend of $0.40 per share, scheduled to be paid on March 24, 2020, to shareholders of record as of March 10, 2020. Investors seeking income from their SCCO investment should note this dividend payment and its associated record and payment dates. The filing also notes that the information furnished is not considered "filed" for Section 18 purposes and will not be incorporated into future SEC filings unless expressly stated.
SOUTHERN COPPER CORP/ 8-K Report, Corporate Update (Nov 1, 2019)
Southern Copper Corporation (SCCO) announced on October 30, 2019, a significant development for its Tía María project in Peru. The Peruvian Mining Council has ratified the construction permit for this project, a crucial step that allows for the commencement of construction activities. This ratification is a positive catalyst for SCCO, as the Tía María project represents a substantial long-term growth opportunity and is expected to contribute significantly to the company's copper production upon completion. Investors should view this development as a de-risking event for the Tía María project, which has faced historical social and environmental opposition. The confirmed construction permit signals progress and potentially paves the way for future operational milestones. This news is important for understanding SCCO's future production capacity and its strategic growth initiatives in Peru.
SOUTHERN COPPER CORP/ 8-K Report, Financial Results (Oct 25, 2019)
Southern Copper Corporation (SCCO) filed an 8-K on October 25, 2019, reporting on its financial results for the quarter ended September 30, 2019, as announced in a press release on October 23, 2019. While the full financial details are within the press release (Exhibit 99.1), a key piece of information for investors is the announcement of a quarterly dividend. The Board of Directors authorized a dividend of $0.40 per share, payable on November 21, 2019, to shareholders of record as of November 7, 2019. This indicates the company's ongoing commitment to returning capital to shareholders. It's important to note that the information furnished in this 8-K, including the press release, is not considered "filed" for the purposes of Section 18 of the Securities Act of 1934. This means it won't be automatically incorporated into future SEC filings unless explicitly stated. Investors should refer directly to the press release for the comprehensive financial performance details of the reported quarter.