Early Access

SCCO SEC Filings

SOUTHERN COPPER CORP/ - 414 total filings

Showing 1–50 of 414 filings
8-K

SOUTHERN COPPER CORP/ 8-K Report, Financial Results (Jan 28, 2026)

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.

10-Q

SOUTHERN COPPER CORP/ Quarterly Report for Q3 Ended Sep 30, 2025

Oct 31, 2025

Southern Copper Corporation (SCCO) reported strong financial results for the nine months ended September 30, 2025, with net sales increasing by 10.4% to $9.55 billion and net income attributable to SCC rising by 17.2% to $3.03 billion, compared to the same period in 2024. This growth was driven by higher sales volumes of key by-products like molybdenum, silver, and zinc, coupled with improved pricing for copper, molybdenum, silver, and zinc. Despite a slight decrease in copper sales volume, the company demonstrated robust operational performance and effective cost management, leading to a significant reduction in its operating cash cost per pound of copper, net of by-product revenues. The company continues to invest strategically in its capital projects, with significant expenditures in both its Peruvian and Mexican operations aimed at increasing production, reducing costs, and addressing environmental and social commitments. Importantly, SCCO received authorization for the commencement of exploitation activities for the Tía María project, a significant development that is expected to contribute substantially to future revenues and regional development. Overall, SCCO's financial health remains strong, supported by favorable market conditions for its key commodities and a proactive approach to operational efficiency and strategic growth.

8-K

SOUTHERN COPPER CORP/ 8-K Report, Financial Results (Oct 29, 2025)

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.

10-Q

SOUTHERN COPPER CORP/ Quarterly Report for Q2 Ended Jun 30, 2025

Jul 31, 2025

Southern Copper Corporation (SCCO) reported its financial results for the quarter and six months ended June 30, 2025. The company demonstrated resilience with net sales for the first six months of 2025 increasing by 8.0% year-over-year to $6.17 billion, driven by higher sales volumes across key metals like zinc, copper, molybdenum, and silver, alongside favorable price movements for copper, silver, and zinc. Net income attributable to SCC saw a significant increase of 13.8% for the first six months of 2025, reaching $1.92 billion, supported by revenue growth and a substantial 89.2% surge in interest income. The company's operational efficiency is highlighted by a decrease in operating cash costs per pound of copper produced, both before and net of by-product revenues, reflecting effective cost management and strong by-product contributions. Significant capital investments continue, with $553.5 million deployed in the first half of 2025, primarily in Mexican and Peruvian operations, aimed at enhancing production, reducing costs, and addressing environmental commitments.

8-K

SOUTHERN COPPER CORP/ 8-K Report, Financial Results (Jul 29, 2025)

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.

8-K

SOUTHERN COPPER CORP/ 8-K Report, Shareholder Vote Results (May 29, 2025)

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.

10-Q

SOUTHERN COPPER CORP/ Quarterly Report for Q1 Ended Mar 31, 2025

Apr 30, 2025

Southern Copper Corporation (SCCO) reported robust financial results for the first quarter of 2025, with net sales increasing by 20.1% year-over-year to $3,121.9 million. This growth was driven by higher sales volumes and increased prices for key commodities, particularly copper, molybdenum, silver, and zinc. Net income attributable to SCC saw a significant jump of 28.5% to $945.9 million, translating to earnings per share of $1.19, up from $0.95 in the prior year's quarter. The company's operational efficiency was highlighted by a substantial reduction in its net operating cash cost per pound of copper, reflecting effective cost management and strong by-product revenues. SCCO also demonstrated a strong commitment to shareholder returns, increasing its total dividend per share (cash and stock) by 75.0%. The company continues to advance its strategic capital investment projects in Mexico and Peru, underscoring its focus on future growth and operational optimization.

8-K

SOUTHERN COPPER CORP/ 8-K Report, Financial Results (Apr 25, 2025)

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.

8-K

SOUTHERN COPPER CORP/ 8-K Report, Executive Changes (Apr 17, 2025)

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.

10-K

SOUTHERN COPPER CORP/ Annual Report, Year Ended Dec 31, 2024

Mar 3, 2025

Southern Copper Corporation (SCCO) reported strong financial performance for the year ended December 31, 2024, driven by higher commodity prices and increased sales volumes across its key products, particularly copper and zinc. Net sales reached a record high of $11.43 billion, a 15.5% increase year-over-year, primarily due to a 7.8% rise in the average LME copper price and significant volume growth in zinc production, largely from the full operational capacity of the Buenavista Zinc concentrator. The company's proactive approach to cost management resulted in a decrease in operating cash costs per pound of copper, both before and net of by-product revenues. Despite a slight increase in overall operating costs, the strong revenue growth led to a substantial increase in operating income, which grew by 32.5% to $5.55 billion. Net income attributable to SCCO surged by 39.2% to $3.38 billion. SCCO also demonstrated a robust commitment to shareholder returns, with substantial dividend payments and ongoing share repurchase authorizations. The company continues to invest heavily in capital projects, aiming to expand production capacity and enhance operational efficiency, with a forward-looking capital investment program of $1.6 billion approved for 2025. SCCO's significant mineral reserves, located primarily in Peru and Mexico, coupled with its integrated mining, smelting, and refining operations, position it favorably within the global copper market. The company's focus on operational discipline, sustainability, and community engagement, as evidenced by its strong ESG ratings and investments in local development, further underscores its commitment to long-term value creation. While facing commodity price volatility and operational risks inherent in the mining industry, SCCO's strategic investments and robust operational execution in 2024 provide a positive outlook.

8-K

SOUTHERN COPPER CORP/ 8-K Report, Financial Results (Feb 12, 2025)

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.

8-K

SOUTHERN COPPER CORP/ 8-K Report, Corporate Update (Feb 10, 2025)

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.

10-Q

SOUTHERN COPPER CORP/ Quarterly Report for Q3 Ended Sep 30, 2024

Oct 31, 2024

Southern Copper Corporation (SCCO) reported strong financial results for the third quarter and first nine months of 2024, showcasing significant year-over-year growth in net sales and net income. Net sales increased by 17.0% to $2.93 billion for the quarter and 13.8% to $8.65 billion for the nine-month period, driven by higher sales volumes across key commodities including copper, molybdenum, silver, and zinc, coupled with favorable price increases for copper, zinc, and silver. Net income attributable to SCC saw a substantial increase of 44.7% to $896.7 million in the third quarter and 30.4% to $2.58 billion for the nine months. This profitability was supported by robust production levels, particularly in copper and zinc, and effective cost management, which led to a notable decrease in operating cash costs per pound of copper, both before and after by-product revenues. The company also highlighted progress on its capital investment projects and exploration activities, signaling a continued focus on growth and operational efficiency.

8-K

SOUTHERN COPPER CORP/ 8-K Report, Financial Results (Oct 22, 2024)

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.

8-K

SOUTHERN COPPER CORP/ 8-K Report, Financial Results (Oct 22, 2024)

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.

10-Q

SOUTHERN COPPER CORP/ Quarterly Report for Q2 Ended Jun 30, 2024

Aug 2, 2024

Southern Copper Corporation (SCCO) reported robust financial results for the second quarter and first half of 2024, demonstrating significant year-over-year improvements. Net sales saw a substantial increase of 35.5% in Q2 2024 and 12.2% for the first half, driven by higher commodity prices, particularly for copper, and increased sales volumes across key metals like copper, molybdenum, zinc, and silver. Net income attributable to SCC surged by 73.6% in Q2 and 23.9% for the first half, reflecting strong operational performance and effective cost management. The company also announced the restart of construction activities for the Tia Maria project in Peru, a significant development for future growth. Dividends remain a focus for shareholders, with the Board authorizing both a cash and stock dividend for the upcoming payment. SCCO's operational highlights include significant production increases in copper, molybdenum, silver, and zinc, largely due to improved ore grades and the ramp-up of new facilities such as the Buenavista Zinc concentrator. The company continues to invest in capital projects aimed at increasing production and reducing costs, with substantial expenditures in both Mexican and Peruvian operations. Despite some increases in operating costs, driven by factors like repairs and labor, the company has managed to maintain competitive operating cash costs, especially when factoring in by-product revenues.

8-K

SOUTHERN COPPER CORP/ 8-K Report, Financial Results (Jul 19, 2024)

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.

8-K

SOUTHERN COPPER CORP/ 8-K Report, Corporate Update (Jul 5, 2024)

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.

8-K

SOUTHERN COPPER CORP/ 8-K Report, Shareholder Vote Results (May 28, 2024)

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.

10-Q

SOUTHERN COPPER CORP/ Quarterly Report for Q1 Ended Mar 31, 2024

Apr 30, 2024

Southern Copper Corporation (SCCO) reported its first quarter 2024 financial results, showing a decrease in net sales and net income compared to the same period last year, primarily driven by lower commodity prices. Net sales were $2,599.8 million, down 6.9% year-over-year, and net income attributable to SCC was $736.0 million, a decrease of 9.5%. Despite the top-line and bottom-line decline, the company demonstrated strong operational performance. Copper production increased by 7.6% to 529.6 million pounds, boosted by higher ore grades and recoveries at key Peruvian operations and the commencement of production at the Buenavista zinc concentrator in Mexico. The company also saw significant growth in zinc production, up 74.9%. Capital expenditures remained substantial at $213.8 million, focused on growth projects and operational improvements. Looking ahead, SCCO remains optimistic about long-term copper demand, driven by clean energy transitions and emerging technologies. While short-term commodity price volatility is a factor, the company's focus on cost control and production enhancement positions it to navigate market fluctuations and capitalize on future growth opportunities.

8-K

SOUTHERN COPPER CORP/ 8-K Report, Financial Results (Apr 26, 2024)

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.

10-K

SOUTHERN COPPER CORP/ Annual Report, Year Ended Dec 31, 2023

Feb 29, 2024

Southern Copper Corporation (SCCO) reported a solid operational performance for the fiscal year ending December 31, 2023, despite a slight decrease in net sales primarily due to lower copper and zinc prices and reduced sales volumes for silver and zinc. However, these were partially offset by increased copper and molybdenum sales volumes and higher prices for molybdenum and silver. The company's net income attributable to SCC was $2.43 billion, a decrease from $2.64 billion in 2022, mainly influenced by increased costs of sales and slightly lower sales volumes. SCCO maintained its position as a leading global copper producer with robust production figures, with copper mine production increasing by 1.8% year-over-year, driven by higher grades at its Peruvian operations and contributions from new projects like Pilares. The company is strategically investing in its growth program, with capital investments of $1.01 billion in 2023, targeting increased copper production to 1.3 million tonnes by the end of the decade. Key development projects include the Buenavista Zinc project in Mexico and the Tia Maria project in Peru, with significant social and community investments highlighted as part of their development. Financially, the company reported total debt of $6.25 billion at year-end 2023. SCCO's commitment to shareholder returns is evident through its consistent dividend payouts, with a $4.00 per share dividend paid in 2023. The company maintains a strong focus on ESG practices, achieving high sustainability ratings and demonstrating commitment to environmental stewardship and community development.

8-K

SOUTHERN COPPER CORP/ 8-K Report, Financial Results (Feb 2, 2024)

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.

10-Q

SOUTHERN COPPER CORP/ Quarterly Report for Q3 Ended Sep 30, 2023

Nov 1, 2023

Southern Copper Corporation (SCCO) reported a solid third quarter for 2023, with net sales increasing by 16.2% year-over-year to $2.51 billion. This growth was primarily driven by higher metal prices, particularly for copper (up 8.0% on LME), molybdenum (up 47.4%), and silver (up 23.6%), along with an increase in molybdenum sales volumes. Net income attributable to SCC also saw a healthy increase of 19.4% to $619.5 million, or $0.80 per diluted share. For the first nine months of 2023, net sales grew 5.2% to $7.60 billion, and net income attributable to SCC rose 14.1% to $1.98 billion. The company maintained strong operating cash flows, with $3.03 billion generated year-to-date. Capital expenditures for the nine months totaled $753.2 million, reflecting ongoing investments in production capacity and operational improvements in both Peru and Mexico. The company also announced a quarterly dividend of $1.00 per share, payable in November 2023.

8-K

SOUTHERN COPPER CORP/ 8-K Report, Code of Ethics Amendment (Oct 25, 2023)

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.

8-K

SOUTHERN COPPER CORP/ 8-K Report, Financial Results (Oct 25, 2023)

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.

10-Q

SOUTHERN COPPER CORP/ Quarterly Report for Q2 Ended Jun 30, 2023

Aug 1, 2023

Southern Copper Corporation (SCCO) reported its second quarter and first six months of 2023 financial results. For the second quarter, net sales were $2.30 billion, a slight decrease of 0.3% year-over-year, primarily due to lower metal prices, particularly for copper and zinc. However, net income attributable to SCC saw a significant increase of 26.6% to $547.5 million, driven by improved operating cost efficiencies and higher sales volumes of copper and zinc, which offset the impact of lower average metal prices. For the first six months of 2023, net sales increased by 0.5% to $5.09 billion. Net income attributable to SCC also grew by 11.8% to $1.36 billion, reflecting higher sales volumes across most metal products, cost reductions, and a notable decrease in income taxes. The company continues to invest in capital projects, with $490.6 million spent in the first half of 2023, and has announced a $1.00 per share dividend for the third quarter.

8-K

SOUTHERN COPPER CORP/ 8-K Report, Financial Results (Jul 28, 2023)

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.

8-K

SOUTHERN COPPER CORP/ 8-K Report, Shareholder Vote Results (May 30, 2023)

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.

10-Q

SOUTHERN COPPER CORP/ Quarterly Report for Q1 Ended Mar 31, 2023

May 2, 2023

Southern Copper Corporation (SCCO) reported a modest increase in net sales for the first quarter of 2023, reaching $2.79 billion, a slight uptick from $2.76 billion in the prior year period. This growth was primarily driven by increased sales volumes of copper, silver, and zinc, alongside a significant surge in molybdenum prices. However, lower copper prices, coupled with reduced molybdenum sales volumes, tempered overall performance. Net income attributable to SCC saw a positive increase of 3.6% to $813.2 million, or $1.05 per diluted share, up from $784.7 million, or $1.02 per diluted share, in Q1 2022, indicating improved profitability despite a challenging pricing environment for key commodities. The company demonstrated strong operational execution with a 4.1% increase in mined copper production, largely due to improved performance at the Cuajone mine and normalized operations at Toquepala. Despite rising operating costs, particularly in its Mexican underground operations (IMMSA), SCCO managed its overall cost structure effectively, with operating cash costs per pound of copper produced (net of by-products) increasing to $0.76 from $0.55 year-over-year. Significant capital investments continue, with $238.1 million deployed in Q1 2023 towards growth projects in Mexico and Peru, underscoring the company's commitment to long-term production expansion.

8-K

SOUTHERN COPPER CORP/ 8-K Report, Financial Results (Apr 27, 2023)

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.

10-K

SOUTHERN COPPER CORP/ Annual Report (Amendment), Year Ended Dec 31, 2022

Mar 1, 2023

Southern Copper Corporation (SCCO) filed an amendment to its 2022 Form 10-K, primarily to submit exhibits that exceeded initial file size limitations. This amendment does not introduce new financial data or update existing disclosures from the original filing dated February 28, 2023. Therefore, investors should continue to refer to the original 10-K for comprehensive financial and operational insights into SCCO's performance for the fiscal year ended December 31, 2022. The original filing (which this amendment supplements by adding exhibits) would contain the critical information regarding SCCO's financial health, operational performance, market position, and strategic outlook. Investors should consult that document for details on revenue, profitability, production volumes, cost structures, capital expenditures, debt levels, and any forward-looking statements or risk factors relevant to the company's business.

10-K

SOUTHERN COPPER CORP/ Annual Report, Year Ended Dec 31, 2022

Feb 28, 2023

Southern Copper Corporation (SCCO) reported solid financial results for the fiscal year ending December 31, 2022. While net sales saw a modest decrease compared to the record performance in 2021, primarily due to lower volumes and prices for copper and silver, the company maintained strong profitability. This was supported by higher prices for molybdenum and zinc, increased sales volumes for zinc, and effective cost management, despite rising fuel, energy, and contractor costs. SCCO continues its significant capital investment program, focusing on expanding production capacity and improving operational efficiencies. The company boasts substantial mineral reserves, positioning it favorably for long-term copper supply, particularly given copper's critical role in the clean energy transition. Key operational highlights include strong production across its Peruvian and Mexican segments, with ongoing efforts to optimize mining and processing methods. However, investors should note the company's exposure to commodity price volatility and operational risks in its primary mining jurisdictions of Peru and Mexico, including potential community relations and regulatory challenges.

8-K

SOUTHERN COPPER CORP/ 8-K Report, Financial Results (Feb 3, 2023)

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.

10-Q

SOUTHERN COPPER CORP/ Quarterly Report for Q3 Ended Sep 30, 2022

Oct 31, 2022

Southern Copper Corporation (SCCO) reported a decrease in net sales and net income for the third quarter and first nine months of 2022 compared to the prior year, largely driven by lower average commodity prices, particularly for copper. While copper prices saw a significant decline, SCCO's sales volume for copper increased slightly year-over-year in the third quarter. By-product revenues, including molybdenum, silver, and zinc, also experienced price and volume decreases in many cases. Despite the revenue headwinds, the company's focus on cost control and operational efficiency remains evident. Operating costs increased, impacting profitability, with higher fuel, power, and foreign currency effects contributing to the rise. SCCO continues to invest in capital projects aimed at increasing production and reducing costs, with significant progress reported on projects in Mexico and Peru. The company also announced a quarterly dividend of $0.50 per share.

8-K

SOUTHERN COPPER CORP/ 8-K Report, Financial Results (Oct 28, 2022)

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.

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SOUTHERN COPPER CORP/ Quarterly Report for Q2 Ended Jun 30, 2022

Jul 27, 2022

Southern Copper Corporation (SCCO) reported a notable decrease in net sales and net income for the second quarter and the first six months of 2022 compared to the prior year. Net sales declined by 20.4% in Q2 and 6.6% year-to-date, primarily driven by lower sales volumes across major products and a significant negative adjustment related to provisionally priced sales. Net income attributable to SCC fell by 53.7% in Q2 and 28.3% year-to-date, impacted by lower sales, increased operating costs due to inflation (fuel, power), and lower copper production, particularly due to the Cuajone mine stoppage in Peru. The Cuajone mine experienced a significant production loss from February to April 2022 due to a community protest and blockade, resulting in an estimated $228 million reduction in sales. While operations have resumed, this event highlights operational risks in certain regions. Despite these challenges, the company managed to fulfill all sales commitments. Looking ahead, SCCO anticipates lower copper production for 2022 but expects a rebound in 2023. The company also notes the volatility in commodity prices, particularly copper, citing concerns about global economic slowdowns while emphasizing the long-term positive outlook for copper demand driven by clean energy transitions.

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SOUTHERN COPPER CORP/ 8-K Report, Financial Results (Jul 27, 2022)

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.

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SOUTHERN COPPER CORP/ 8-K Report, Code of Ethics Amendment (Jul 26, 2022)

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.

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SOUTHERN COPPER CORP/ 8-K Report, Shareholder Vote Results (Jun 1, 2022)

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.

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SOUTHERN COPPER CORP/ Quarterly Report for Q1 Ended Mar 31, 2022

May 5, 2022

Southern Copper Corporation (SCCO) reported its first quarter 2022 results, demonstrating resilience despite operational challenges. Net sales increased by 9.1% to $2.76 billion, primarily driven by higher copper, molybdenum, and zinc prices, although copper sales volume declined. Net income attributable to SCCO rose slightly by 2.7% to $784.7 million. The company successfully navigated the temporary stoppage at its Cuajone mine in Peru due to community protests, which caused a production loss but did not materially impact financial results due to mitigation efforts. Significant capital investments continue, supporting future growth and operational enhancements. The outlook remains cautiously optimistic, supported by strong metal prices and the resolution of the Cuajone mine stoppage in April 2022, allowing operations to resume at full capacity.

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SOUTHERN COPPER CORP/ 8-K Report, Financial Results (May 3, 2022)

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.

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SOUTHERN COPPER CORP/ 8-K Report, Corporate Update (Apr 27, 2022)

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.

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SOUTHERN COPPER CORP/ 8-K Report, Corporate Update (Mar 15, 2022)

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.

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SOUTHERN COPPER CORP/ Annual Report (Amendment), Year Ended Dec 31, 2021

Mar 8, 2022

Southern Copper Corporation (SCCO) filed an amendment to its 2021 Annual Report on Form 10-K on March 8, 2022, primarily to include exhibits exceeding file size limitations. This amendment does not alter the financial or operational disclosures from the original filing on March 7, 2022. Investors should refer to the original 10-K and subsequent filings for comprehensive information regarding SCCO's performance and strategic positioning. The original filing covers the fiscal year ended December 31, 2021. SCCO, as a large accelerated filer, has management's assessment of internal control over financial reporting attested to by its registered public accounting firm. The company had approximately 773 million shares of common stock outstanding as of March 4, 2022, with a non-affiliate market capitalization of roughly $5.5 billion as of June 30, 2021.

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SOUTHERN COPPER CORP/ Annual Report (Amendment), Year Ended Dec 31, 2021

Mar 8, 2022

Southern Copper Corporation (SCCO) filed an Amendment No. 1 to its Annual Report on Form 10-K for the fiscal year ended December 31, 2021. This amendment primarily addresses the filing of exhibits (96.1 to 96.9) that exceeded the SEC's file size limitations for the original submission, rather than introducing new financial information or updates to the core disclosures. Investors should consider this amendment as supplementary to the original 10-K filing dated March 7, 2022. The company confirmed its status as a large accelerated filer and that management's assessment of internal control over financial reporting under SOX 404(b) has been filed. Southern Copper is not a shell company. The filing indicates that as of March 4, 2022, there were over 773 million shares of common stock outstanding, with a market value of approximately $5.5 billion held by non-affiliates as of June 30, 2021. Part III information, including executive compensation and governance details, will be incorporated by reference from the company's Proxy Statement for the 2022 Annual Meeting of Stockholders.

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SOUTHERN COPPER CORP/ Annual Report, Year Ended Dec 31, 2021

Mar 7, 2022

Southern Copper Corporation (SCCO) reported strong financial performance for the fiscal year ending December 31, 2021, driven by significantly higher commodity prices, particularly for copper. The company's net sales reached a historic high of $10.9 billion, an increase of 36.9% compared to 2020, primarily due to robust price increases across its key products: copper (+51.1%), molybdenum (+81.0%), zinc (+32.0%), and silver (+22.1%). Despite some volume decreases in copper and other metals, the favorable price environment translated into a substantial increase in profitability, with net income attributable to SCC soaring by 116.3% to $3.4 billion. SCCO's operational efficiency and cost management remain a key focus, as evidenced by the operating cash cost per pound of copper, net of by-product revenues, decreasing by 2.9% to $0.67. The company also demonstrated a strong commitment to growth and shareholder returns, with capital investments increasing by 50.7% to $892.3 million in 2021, supporting ongoing development projects and future production expansions. The company announced an ambitious capital investment program of $1.54 billion for 2022, signaling confidence in future growth and favorable market conditions.

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SOUTHERN COPPER CORP/ 8-K Report, Financial Results (Feb 2, 2022)

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.

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SOUTHERN COPPER CORP/ 8-K Report, Bylaw Amendment (Jan 31, 2022)

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.

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SOUTHERN COPPER CORP/ Quarterly Report for Q3 Ended Sep 30, 2021

Nov 1, 2021

Southern Copper Corporation (SCCO) reported strong financial performance for the nine months ended September 30, 2021, with net sales increasing by 43.9% to $8.11 billion and net income attributable to SCC growing by a substantial 161.6% to $2.56 billion year-over-year. This robust growth was primarily driven by significantly higher metal prices, particularly for copper, molybdenum, silver, and zinc, which more than offset a decrease in sales volumes for most key commodities. The company also saw a notable increase in operating income, which more than doubled to $4.53 billion. The company's financial health remains solid, with operating cash costs per pound of copper, net of by-product revenues, decreasing by 7.2% to $0.64. SCCO continues to invest in its future, with capital expenditures for the nine-month period totaling $695.5 million, up 99.4% from the prior year, focusing on projects in both Mexico and Peru aimed at increasing production and efficiency. Despite some operational challenges like lower ore grades impacting copper production volumes and global supply chain disruptions, the company's outlook remains positive due to strong commodity prices and strategic investments.