Southern Copper (NYSE: SCCO ) says Q2 copper production at its mines ..... the cost of sales climbed 2.2%, as SCCO cites higher expenses for fuel, spare parts, tires and other materials. SCCO expects improved results during H2 as
LIMA, July 29 (Reuters) - Southern Copper Corp's net income fell 9.5 percent in the second quarter from the same period a year earlier because of rising costs, the global miner said in a statement on Tuesday.
LIMA, July 29 (Reuters) - Southern Copper Corp's net income fell 9.5 percent to $337.3 million in the second quarter from the same period a year earlier on rising costs, the global miner said in a statement on Tuesday.
cost operations, narrow-moat Southern Copper managed solid second-quarter results ..... growth ebbs and new mine supply from Southern Copper and others arrives on the scene ..... largely accounts for our bearish view on Southern Copper shares, which trade at $33 apiece
has been a recurrent headache for Southern Copper . Management estimates that the Buenavista ..... has a dominant ownership stake in Southern Copper and could take actions that run counter ..... interests of minority shareholders. Southern Copper is heavily investing to increase copper
surpassing mining equities with big copper exposure like BHP Billiton ( BHP ), Antofagasta (OTCPK: ANFGY ), Southern Copper ( SCCO ), and Glencore PLC . That strikes me as a pretty rational response, as although Indonesia is still important
Southern Copper reported diminished profits in the first quarter as prices for its ..... worthy asset base. Our $24 fair value estimate is unchanged. Southern Copper 's unusually low cash costs ($1.02 per pound in the first quarter
3.00. But we see further downside to copper prices in 2015 ($2.67 per pound) and to shares of Freeport and peer Southern Copper . Multiple proximate causes but have been identified to explain the sudden plunge in prices for these key metals. For iron
grades and Buenavista's recovery from flood disruptions, Southern Copper 's costs are tracking higher than we anticipated. Before ..... After byproduct credits, costs were $1.00 per pound. Southern Copper remains a moat-worthy low-cost producer, and we expect
684 million. That was good for a 49% margin, ranking Southern Copper among the industry's most profitable in the current environment ..... expect to materially adjust our $26 fair value estimate. Southern Copper continued to invest in its moat in the quarter, spending