NYSE:SCCOMetals and Mining
Why Southern Copper (SCCO) Is Up 8.8% After Cutting 2026 Output But Lifting Long-Term Targets
Southern Copper Corporation recently reported a 3.8% decline in copper output for the first half of 2026, mainly due to weaker production at its Peruvian mines and lower ore grades, while slightly lifting its near-term production guidance but still expecting an overall annual decrease.
At the same time, the company outlined multi‑year plans to lift copper volumes toward 1.6 million tons by around 2033–2034, backed by large-scale projects such as Tía María and significant investment...