NYSE:SCCOMetals and Mining
Southern Copper’s Cuajone Spend Tests Peru Risks And Cost Control
Southern Copper (NYSE:SCCO) has approved a US$318.6 million investment to upgrade its Cuajone copper mine in Peru.
The spending targets modernization and operational improvements at Cuajone as part of broader efforts to sustain production in the region.
The initiative comes as the company works through regulatory and project uncertainties across its Peruvian operations.
For you as an investor, this level of capital spending at Cuajone puts a spotlight on how NYSE:SCCO is managing cost...