SCCO news

Southern Copper Corp reported record quarterly sales and net income driven by higher metal prices, while copper production faced quarterly headwinds. The positive results boosted cash flow from operations and adjusted EBITDA.

Southern Copper reported record $4.29 billion in net sales for Q2 2026, driven by surging metal prices and higher margins, despite a slight drop in copper production.

Southern Peru Copper secured $1.25 billion in bonds to fund the Tia Maria mining project. This debt financing supports the development of the mine expected to produce 120k tons of copper annually.

Southern Copper Corporation priced $1.25 billion in unsecured notes due 2036 with a 5.350% coupon in an underwritten public offering expected to close June 24, 2026. Proceeds will fund the Tia Maria project development, capital expenditures, and general corporate purposes of its Peruvian operations.