Quote & Headlines
Market Currents
StockTalk
Today
5d
1m
3m
1y
5y
10y
52wk high:
52wk low:
EPS:
PE:
Div Rate:
Yield:
Market Cap:
Volume:
4,643 people get SCCO articles and Market Currents by email alert.
Get email alerts on SCCO »
HEADLINES:
ALL
|
PRO
|
FOCUS
|
RELATED
|
TRANSCRIPTS
|
NEWS & PR
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Southern Copper May Not Be Done DroppingJohn Mylant • Wed, Aug 8, 2012
-
-
-
-
-
-
-
Southern Copper's CEO Discusses Q2 2012 Results - Earnings Call TranscriptTue, Jul 31, 2012 • 1 Comment
-
Southern Copper's CEO Discusses Q4 2011 Results - Earnings Call TranscriptFri, Feb 10, 2012 • 2 Comments
-
Southern Copper's CEO Discusses Q3 2011 Results - Earnings Call TranscriptMon, Oct 31, 2011 • 2 Comments
-
Southern Copper Corp. Q1 2008 Earnings Call TranscriptTue, Apr 29, 2008 • 1 Comment
-
Southern Copper Corporation Q4 2007 Earnings Call TranscriptWed, Jan 30, 2008
-
at MarketWatch.com (Mon, 8:47AM)
-
at CNBC.com (Jan 31, 2013)
-
at CNBC.com (Jan 11, 2013)
-
at MarketWatch.com (Sep 25, 2012)
-
at Fox Business (Aug 28, 2012)
-
at MarketWatch.com (Jul 25, 2012)
-
at MarketWatch.com (May 23, 2012)
-
at CNBC.com (May 14, 2012)
-
at MarketWatch.com (Mar 29, 2012)
-
at CNBC.com (Feb 13, 2012)
-
at MarketWatch.com (Feb 7, 2012)
-
at CNBC.com (Jan 23, 2012)
-
at CNBC.com (Jan 10, 2012)
-
at CNBC.com (Sep 23, 2011)
-
at CNBC.com (Sep 9, 2011)
-
at CNBC.com (Aug 16, 2011)
-
at CNBC.com (Aug 15, 2011)
-
at MarketWatch.com (Jul 19, 2011)
-
at CNBC.com (Jul 7, 2011)
-
at MarketWatch.com (Jun 6, 2011)
SCCO vs. ETF Alternatives
Company Description
Southern Copper Corporation is one of the largest integrated copper producers in the world and we believe we currently have the largest copper reserves in the industry. The Company is a NYSE and Lima Stock Exchange listed company that is 80.9% owned by Grupo Mexico, a Mexican company listed on... More
- All
- | Earnings
- | Dividends
- | M&A
- | On the move
- Tuesday, April 30, 3:18 PM The fundamentals remain in place to support copper prices, Southern Copper (SCCO +0.4%) says in its earnings conference call. After its Q1 average price for copper fell ~4.5% Y/Y, SCCO expects a recovery in copper prices on stronger demand, particularly from Asia, in upcoming quarters; it maintains its full-year production guidance of 650K tons of copper. Comment! [Commodities]
- Monday, April 29, 2:19 PM Credit Suisse initiates coverage of Southern Copper (SCCO +0.3%) with an Outperform rating and $43 price target after Q1 profit fell 20% on declining copper and silver prices but matching analysts’ estimates. Q1 copper production slipped 2.2% to ~149K metric tons, but CS expects SCCO to increase copper production substantially over the next four years. Comment! [Commodities, Quick Ideas]
- Friday, April 5, 11:29 AM FBR Capital launches coverage of copper producers Freeport McMoRan (FCX), Teck Resources (TCK) and Southern Copper (SCCO) with a cautious near-term outlook, believing copper prices will remain under pressure due to choppy demand, inventory overhang and impending supply growth. Longer term, prices will remain supported above marginal cost and provide incentives for needed supply growth. 2 Comments [Commodities, Quick Ideas]
- Wednesday, February 20, 6:06 PM Southern Copper (SCCO) will sign a three-year labor agreement this week with its workers, agreeing to pay a 6.5% wage increase in the first year followed by annual 5% raises, according to Peru's smelter union leader. But there's always another strike just around the corner; Peru’s Mining Federation plans a national strike later this month. Comment! [Commodities, Global & FX]
- Tuesday, February 19, 12:39 PM Copper investors are spooked after China authorities took steps to ease inflationary pressures, tightening liquidity by reversing policy on repos and draining $4.8B from the system. The move has affected shares of Freeport McMoRan (FCX -2.3%) and Southern Copper (SCCO -2.3%); China equities (FXI -2.1%) also are under pressure. 5 Comments [Commodities, Global & FX, On the Move]
- Monday, February 4, 12:35 PM Union workers at Southern Copper's (SCCO) Peruvian operations reportedly have eased demands for higher wages during negotiations with the company for a new collective agreement. A union official says negotiations will continue for three more days, but a strike vote could be held if a deal isn't reached by the end of this week. Comment! [Commodities, Global & FX]
- Friday, February 1, 6:17 PM Southern Copper (SCCO) says it will delay the projected startup of its $900M Tia Maria mine in Peru by a year to 2016 after taking longer than expected to complete a new environmental impact study. Also, SCCO plans to produce 640K metric tons of copper this year, little changed from 2012, cut third-party concentrate purchases by 29% to 10K tons and invest $1.8B in expansion projects in 2013. 1 Comment [Commodities, Global & FX]
- Thursday, January 31, 6:06 PM Southern Copper (SCCO): Q4 EPS of $0.63 beats by $0.01. Revenue of $1.65B (-1.1% Y/Y) in-line. 2012 copper mine production rose 8.5% Y/Y. Shares +0.7% AH. (PR) Comment! [Earnings, Commodities, Breaking News]
- Monday, January 28, 11:15 AM Southern Copper (SCCO -3.7%) is downgraded to Underweight from Hold by BB&T, citing the likelihood of reduced dividend payments, the stock's recent outperformance, a valuation that appears full on both an absolute and relative basis, expectations for negative free cash flow as it begins a major capex program, and the possibility of more labor strikes in Peru. Shares also are cut at Citi and J.P. Morgan. 1 Comment [Commodities, Quick Ideas, On the Move]
- Monday, January 14, 12:48 PM Unionized workers at Southern Copper's (SCCO +1.5%) Peruvian operations, who had threatened earlier to go on strike this week, reportedly are instead back in contract negotiations. The workers went on strike for two days in December over salary demands and had threatened to walk out Jan. 15, but a union official says no strike is planned now. Comment! [Commodities, Global & FX]
- Thursday, December 27, 2012, 2:53 PM Southern Copper (SCCO) says its mine and smelter operations are operating normally after workers ended a two-day strike but provides no information about any effect on copper production. Less than half the workers at the Cuajone and Toquepala copper mines and Ilo smelter participated in the strike, SCCO says. Comment! [Commodities, Global & FX]
- Monday, December 24, 2012, 12:10 PM Unionized workers at Southern Copper's (SCCO) Cuajone and Toquepala mines and its Ilo smelter and refinery in Peru go on strike to back demands for salary increases. The union says the two-day walkout is a warning to the company; if no new contract is reached, then a general, indefinite strike will start Jan. 15. Comment! [Commodities, Global & FX]
- Friday, December 21, 2012, 12:29 PM Peru will help Southern Copper (SCCO) and Newmont Mining (NEM) accelerate projects delayed by community protests, local reports say. The government reportedly will set up community consultation groups as it assesses the environmental impact of SCCO’s Tia Maria project, and NEM’s Conga project will receive a boost when it completes water and irrigation projects. 1 Comment [Commodities, Global & FX]
- Friday, December 14, 2012, 3:22 PM Workers at Southern Copper's (SCCO +1%) Cuajone and Toquepala copper mines and Ilo smelter in Peru prepare to go on strike Dec. 24 after the company refused to accept a request for a 15% annual pay rise, a union official says. SCCO, which is seeking a four-year deal, offered a 5.5% annual wage increase. Comment! [Commodities, Global & FX]
- Wednesday, December 12, 2012, 12:21 PM Shares of Southern Copper (SCCO -0.8%) turn lower as workers at the miner's main units in Peru say they plan to go on strike after wage talks failed. 1 Comment [Commodities, Global & FX]
- Thursday, December 6, 2012, 12:46 PM Southern Copper (SCCO +0.6%) is now Citigroup's preferred America's copper exposure and is raised to Buy in tandem with a downgrade of Freeport McMoRan (FCX -4.2%). SCCO operates true Tier 1 copper assets with cheap growth potential and minimal sustaining capex requirements, the firm writes; a near-term risk is that labor contracts in Peru need to be renegotiated in 2013. 3 Comments [Commodities, Quick Ideas]
-
Dividend Sheet
$SCCO $YZC and $BTE are the highest yielding stocks from my best dividend paying stock list May 2013 - http://stks.co/tAaU - 4.77% Yield - View all 0 replies
-
- View all 0 replies
-
Dividend Sheet
$SCCO $ARLP and $YZC are the best yielding stocks from the top dividend paying stock list - http://stks.co/t70R - 27 shares 4.52% Yield - View all 0 replies
-
- View all 0 replies
-
- View all 0 replies
-
- View all 15 replies
-
SKS1586: andyk80: Mr Market is listening to you & following your thought of bounce, with uptick in all the Futures @ this moment.
-
-
Dividend Sheet
$INN $DRE and $ED are the best yielding stocks going ex-dividend on Monday + http://stks.co/s26h + I like $SCCO $AMGN and $VLO - View all 0 replies
-
- View all 7 replies
-
SKS1586: joeg1969: I bought more FCX today. Gold rally has not started as yet. once it starts (anyday), FCX will get double push from copper & Gold.
-
-
make$work4u
$SCCO got downgraded by 2 firms today maybe let this thing drift lower and then get good entry point - View all 1 replies
-
Ghosts of Kariela: Its a bit pricey, but the yield isnt bad $FCX may be a better bet at this point, energy will diversify them a bit. Plus they are cheaper IMO
-
- View all 0 replies
LATEST REPLIES
-
- View all 15 replies
-
SKS1586: andyk80: Mr Market is listening to you & following your thought of bounce, with uptick in all the Futures @ this moment.
-
-
- View all 7 replies
-
SKS1586: joeg1969: I bought more FCX today. Gold rally has not started as yet. once it starts (anyday), FCX will get double push from copper & Gold.
-
-
make$work4u
$SCCO got downgraded by 2 firms today maybe let this thing drift lower and then get good entry point - View all 1 replies
-
Ghosts of Kariela: Its a bit pricey, but the yield isnt bad $FCX may be a better bet at this point, energy will diversify them a bit. Plus they are cheaper IMO
-
- View all 2 replies
-
-
-
J. Sheehan
Anyone known when SCCO is going to announce Q3 ER? Everywhere I have seen says 10/22, is this correct? - View all 1 replies
-
-
- View all 1 replies
-
-
Retirefund
TRRXF.PK .06 cent penny stock sitting on 3 $Billion stake in giant copper project-->http://dld.bz/bzNy8 RIO BHP FCX XSRAF.PK AAUKF.PK SCCO - View all 2 replies
-
-
Retirefund: Yea, but it's a clear bet on them winning the court battle (or a partial win at least) I think they got a good shot, but time will tell.
-
- View all 1 replies
-
-
- View all 2 replies
-
-
Caiman Valores: YPF won't be paying a dividend, likely to be nationalized by Argentine government, find out more in my article http://bit.ly/ICs5GM
-
ssmith90
SCCO posted earnings finally; they look pretty good. increase in production and developing mines. http://bit.ly/xyp45P - View all 1 replies
-
-
Michael Bryant
Copper may outperform gold as Bloomberg reported that Chinese data slows economy is still strong. I like Southern Copper (SCCO). - View all 3 replies
-
-
ssmith90: out at 36.70. i will buy back in on a pull back or good Cu news, i like this company.
-
- View all 1 replies
-
-
- View all 1 replies
-
WheresTheDough: There will be a better day in the near future to reenter these positions. Coming Soon
-
- View all 2 replies
-
-
-
Energysystems
Thinking soon about a contrarian basket...BBL, MT, SCCO, FCX. Throw in some chem producers. Stuffs getting cheap for a long term outlook. - View all 6 replies
-
Energysystems: Definitely thinking of LYB, especially since they've cleared up that balance sheet, hopefully in the 25-28$ range I can get in a position.
-
Energysystems: Plus, you can't knock out-yielding the 30 year by a wide margin.