SOUTHERN COPPER CORP/
Mining.com’s Top 50 mining firms’ combined market cap rose to $2.17T at end-July 2026, up $18B from end-June. BHP leads at $216B. Rio Tinto is second. Zijin Mining jumped 24% in July to $125B, overtaking Newmont after a profit alert and higher lithium output. Glencore rose 7.6%. Anglo American and Teck merger nears completion.
Southern Copper (SCCO) reported Q2 2026 record net sales of US$4,289.0 million (+40.6% YoY) and record net income of US$1,670.0 million (+71.6%), with EPS of US$2.01. Adjusted EBITDA rose to US$2,856.0 million (+59.5%). The company attributed gains mainly to higher copper and by-product prices, despite lower copper volumes and Peru output. It also declared a US$1.10 cash dividend and a stock dividend.
Copper prices rose on Aug 4, 2026, after optimism around Chinese infrastructure and power-grid investment and concerns about tighter supply. The copper-tracking ETF CPER gained 1.26% to $40.14. Southern Copper shares rose 4.98% to $195.16, and Freeport-McMoRan rose 5.75% to $67.30. The article cites Southern Copper net income above $1.6B.
Over the past 7 days, alphai's AI scored 10 news stories mentioning SCCO (SOUTHERN COPPER CORP/). Coverage has skewed bullish: 6 bullish, 2 neutral, and 2 bearish.
Recent SCCO coverage spans commodities, sector analysis and earnings.
In the last 30 days, SCCO insiders filed 4 SEC Form 4 transactions — no purchases and 4 sales ($77K). The most active reporter was PALOMINO BONILLA LUIS MIGUEL with 4 filings.
Inclusion is purely positional in the ranking, with no disclosed SCCO catalyst.
Earnings strength is price-driven, while production and by-product volumes fell, creating a mixed near-term setup for margins and guidance sensitivity to metal prices.
SCCO outperformance indicates equity markets are translating copper strength into higher expected cash flows for a pure-play LatAm producer.
Southern Copper’s stock is presented as participating in the broader copper-equity momentum.
Copper price strength plus a clearer Tía María timeline supports near-term earnings momentum and longer-dated production optionality.
alphai scores every news story that mentions SCCO with an AI model for sentiment and relevance, and aggregates insider trades from SOUTHERN COPPER CORP/'s SEC EDGAR Form 4 filings. Figures refresh continuously.
Mining.com’s Top 50 mining firms’ combined market cap rose to $2.17T at end-July 2026, up $18B from end-June. BHP leads at $216B. Rio Tinto is second. Zijin Mining jumped 24% in July to $125B, overtaking Newmont after a profit alert and higher lithium output. Glencore rose 7.6%. Anglo American and Teck merger nears completion.
7 min readSouthern Copper (SCCO) reported Q2 2026 record net sales of US$4,289.0 million (+40.6% YoY) and record net income of US$1,670.0 million (+71.6%), with EPS of US$2.01. Adjusted EBITDA rose to US$2,856.0 million (+59.5%). The company attributed gains mainly to higher copper and by-product prices, despite lower copper volumes and Peru output. It also declared a US$1.10 cash dividend and a stock dividend.
6 min readCopper prices rose on Aug 4, 2026, after optimism around Chinese infrastructure and power-grid investment and concerns about tighter supply. The copper-tracking ETF CPER gained 1.26% to $40.14. Southern Copper shares rose 4.98% to $195.16, and Freeport-McMoRan rose 5.75% to $67.30. The article cites Southern Copper net income above $1.6B.
6 min readCopper futures hit fresh records in New York and London, with Comex September trading around $6.68 to $6.70 per lb and LME near $14,050 per tonne. The rise is linked to tariff-driven US import hoarding and weaker non-US supply, including Strait of Hormuz shipping disruption and Chile’s El Teniente expansion pause. Glencore reported H1 adjusted EBITDA of $10.1B.
6 min readA roundup of US-listed miners says rising metals prices supported Southern Copper (SCCO) and Newmont (NEM), while Freeport-McMoRan (FCX) faced Grasberg disruption. SCCO reported net income up 28% to $4.33B and sales up 17% to $13.4B, with Tía María about one-third complete. NEM reported 2025 net income $7.1B and free cash flow $7.3B. FCX revenue rose 1.8% to $25.9B but cut 2026 guidance after slower Grasberg recovery.
7 min readSouthern Copper (SCCO) marked 30 years trading on the NYSE in 1996, shortly after CEO Óscar González Rocha died on 7 April 2026. The board named Leonardo Contreras Lerdo de Tejada CEO on 23 April. The company is controlled by Grupo México, which owns about 89% of shares, and its outlook depends on copper prices.
6 min readCopper prices edged up, but New York-listed copper miners outperformed. The CPER copper-futures ETF rose 0.20% to $39.64. Southern Copper gained 1.75% to $185.91 and Freeport-McMoRan rose 1.61% to $63.64, as investors cited tight global concentrate supply and Chile’s Codelco capex guidance.
5 min readCopper futures slipped after a weaker-than-expected Chinese manufacturing indicator, weighing on demand expectations. The copper futures tracker CPER settled at $39.56 (+0.56%) but drifted lower intraday. Copper-sensitive equities fell, including Southern Copper (-1.24% to $182.71) and Freeport-McMoRan (-1.28% to $62.63). Chile and Peru supply remain key investor focus.
7 min readCopper rose on Thursday on signs of tightening supply and a US Fed decision to keep rates unchanged. Comex September copper gained up to 2.9% to $6.4930/lb, and LME copper rose 1.3% to $13,753/t. LME inventories fell over 10,000 tonnes this week. Mining stocks rallied on earnings, including Teck and Anglo American.
6 min readCopper futures rose modestly, with the CPER COMEX copper-futures tracker up 0.56% to US$39.56 on 2026-07-31. China grid and EV infrastructure demand supported the futures curve, while Latin American supply and operational risks weighed on equities. Freeport-McMoRan fell 1.28% to US$62.63 and Southern Copper dropped 1.24% to US$182.71.
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