Peru's July copper output falls 6.6% after mines underperform [Reuters]
Southern Copper Corporation (SCCO)
Last southern copper corporation earnings: 2/26 04:01 pm
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Source: Reuters
Copper production in July totaled 195,234 tonnes to hit 1,291,888 tonnes year-to-date, just 0.1% under the year-ago period, the Ministry of Energy and Mines said in a report. The Antamina mine, controlled by Glencore, BHP , Teck, and Mitsubishi, reported a 9.1% drop in production in July, while Southern Copper — owned by Grupo Mexico — dropped 14.5%. Copper production had recovered in June after operations at the Las Bambas mine, owned by China's MMG Ltd, resumed following a truce with indigenous communities who had protested at the site for almost two months. The Las Bambas truce ended the next month without reaching an agreement, and renewed protests could risk supplies of the metal. Mining exports in Peru total around 60% of the South American country's overall shipments. (Reporting by Marco Aquino, writing by Kylie Madry; editing by Uttaresh.V)
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SCCO
News
- Southern Copper Co. (NYSE: SCCO) was downgraded by analysts at HSBC Holdings plc from a "hold" rating to a "reduce" rating. They now have a $80.00 price target on the stock.MarketBeat
- What's in Store for Southern Copper (SCCO) in Q1 Earnings? [Yahoo! Finance]Yahoo! Finance
- If You Invested $1000 in Southern Copper 10 Years Ago, This Is How Much You'd Have Now [Yahoo! Finance]Yahoo! Finance
- Southern Copper Co. (NYSE: SCCO) had its price target raised by analysts at Scotiabank from $53.00 to $55.00. They now have a "sector underperform" rating on the stock.MarketBeat
- Southern Copper: A Very Impressive Operating History [Seeking Alpha]Seeking Alpha
SCCO
Earnings
- 2/2/24 - Miss
SCCO
Sec Filings
- 4/12/24 - Form DEF
- 4/12/24 - Form DEFA14A
- 4/4/24 - Form 4
- SCCO's page on the SEC website