Southern Copper Corporation (SCCO)
The company now
Southern Copper reported record third-quarter net sales of $4,696.6 million, up 39.1 percent from a year earlier 1.
Net income was a record $1,801.8 million, up 62.7 percent 1. The company said higher metal prices for all its products drove the gain, while copper sales volumes dipped slightly 1.
Mined copper output for the first nine months fell 2.9 percent to 693,602 tonnes, mostly because the Peruvian mines are digging lower-grade ore 1.
The Tia Maria project in Peru was 49.6 percent complete on 30 September 2026 1. The company expects El Pilar in Mexico to start operating in 2029 on a capital budget of $551 million 1.
The open question is delivery, because the company says it is advancing toward 1.6 million tonnes of production while output is down this year 1. For all of 2025, net sales were a record $13,420.0 million 2.
As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.
Newer filings are on file since this was written; an update is queued.