Southern Copper Corp
F:PCU
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
S
|
Southern Copper Corp
F:PCU
|
US |
|
Y
|
Yankey Engineering Co Ltd
TWSE:6691
|
TW |
Southern Copper Corp
Southern Copper is a large copper mining company that digs copper ore out of mines, processes it, and turns it into saleable metal products. It also produces valuable byproducts such as molybdenum, silver, zinc, and sulfuric acid. Its main customers are industrial buyers that need copper for power cables, electrical equipment, construction, transportation, and other manufacturing uses. The company makes money by selling copper and other metals at market-based prices. Most of its value comes from owning and operating the whole chain, from mine extraction to smelting and refining, which lets it sell higher-purity products rather than only raw ore. That makes it more than a simple miner; it is a vertically integrated producer that controls a big part of the metal-making process. Its business is tied to long-lived mining assets and to demand for copper in the global economy. Copper is a core material for electrification, wiring, and infrastructure, so Southern Copper sits in an important middle role between the mine and the industries that use finished metal.
Southern Copper is a large copper mining company that digs copper ore out of mines, processes it, and turns it into saleable metal products. It also produces valuable byproducts such as molybdenum, silver, zinc, and sulfuric acid. Its main customers are industrial buyers that need copper for power cables, electrical equipment, construction, transportation, and other manufacturing uses.
The company makes money by selling copper and other metals at market-based prices. Most of its value comes from owning and operating the whole chain, from mine extraction to smelting and refining, which lets it sell higher-purity products rather than only raw ore. That makes it more than a simple miner; it is a vertically integrated producer that controls a big part of the metal-making process.
Its business is tied to long-lived mining assets and to demand for copper in the global economy. Copper is a core material for electrification, wiring, and infrastructure, so Southern Copper sits in an important middle role between the mine and the industries that use finished metal.
Record quarter: Southern Copper said second-quarter results were record-breaking for sales, adjusted EBITDA and net income, helped by higher copper and by-product prices.
Sales growth: Second-quarter sales reached $4.3 billion, up 41% year over year, as higher realized prices more than offset slightly lower volumes.
Margins strong: Adjusted EBITDA hit a record $2,856 million with a 67% margin, while net income rose to a record $1,670 million.
Guidance nudged up: Full-year copper production guidance was increased to 917,000 tons from an earlier 910,000-ton expectation, despite lower grades in Peru.
Projects advancing: Tia Maria reached 42% completion and remains on track for startup in the second half of 2027, while El Pilar has renewed permits and will start early works in September.
Funding set: The company issued $1.25 billion of 10-year notes at 5.35% mainly to help finance Tia Maria and its broader capital program.
Management
Oscar Gonzalez Rocha is the president and chief executive officer of Southern Copper Corporation, a position he has held for many years. Southern Copper Corporation is one of the world's largest integrated copper producers, and it operates mining, smelting, and refining facilities in Peru and Mexico. Under Gonzalez Rocha's leadership, the company has focused on expanding its production capacity and maintaining its position as a leader in the mining industry. Born in 1939, Gonzalez Rocha is an accomplished engineer with extensive experience in the mining sector. He graduated as a civil engineer from the Autonomous University of Mexico (Universidad Autónoma de México). Gonzalez Rocha began his career in the mining industry with various roles of increasing responsibility, gaining expertise in the production and operational aspects of mining. His leadership style is characterized by a strong emphasis on operational efficiency, sustainability, and corporate social responsibility. He has been instrumental in driving initiatives that focus not only on increasing production but also on minimizing environmental impact and supporting community development around mining areas. Oscar Gonzalez Rocha has been recognized for his significant contributions to the mining industry and his role in steering Southern Copper Corporation towards continued growth and success. His career is marked by a balance of technical knowledge and strategic vision, which has earned him respect and admiration in his field.
Born in 1939, Gonzalez Rocha is an accomplished engineer with extensive experience in the mining sector. He graduated as a civil engineer from the Autonomous University of Mexico (Universidad Autónoma de México). Gonzalez Rocha began his career in the mining industry with various roles of increasing responsibility, gaining expertise in the production and operational aspects of mining.
His leadership style is characterized by a strong emphasis on operational efficiency, sustainability, and corporate social responsibility. He has been instrumental in driving initiatives that focus not only on increasing production but also on minimizing environmental impact and supporting community development around mining areas.
Oscar Gonzalez Rocha has been recognized for his significant contributions to the mining industry and his role in steering Southern Copper Corporation towards continued growth and success. His career is marked by a balance of technical knowledge and strategic vision, which has earned him respect and admiration in his field.
Raúl Jacob Ruisánchez is a prominent executive at Southern Copper Corporation, which is one of the largest integrated copper producers in the world. He has been an integral part of the company’s leadership, serving as the Chief Financial Officer (CFO). In his role, he is responsible for overseeing the financial strategies and operations of the company, playing a crucial part in driving the corporation's financial performance and growth initiatives. With extensive experience in the mining industry, Raúl Jacob Ruisánchez has contributed significantly to the financial planning and investor relations functions of Southern Copper Corp. His expertise in financial management and strategy has been vital to navigating the complexities of the mining sector and capital markets. His leadership is marked by a strong focus on maintaining financial health, optimizing costs, and implementing effective financial controls and governance frameworks. As a key leader in the company, he is also involved in communicating Southern Copper’s financial outlook and business strategies to shareholders, investors, and other stakeholders, playing a vital role in maintaining transparency and fostering trust within the investment community. His contributions have further solidified the company's position as a leading entity in the copper industry.
With extensive experience in the mining industry, Raúl Jacob Ruisánchez has contributed significantly to the financial planning and investor relations functions of Southern Copper Corp. His expertise in financial management and strategy has been vital to navigating the complexities of the mining sector and capital markets. His leadership is marked by a strong focus on maintaining financial health, optimizing costs, and implementing effective financial controls and governance frameworks.
As a key leader in the company, he is also involved in communicating Southern Copper’s financial outlook and business strategies to shareholders, investors, and other stakeholders, playing a vital role in maintaining transparency and fostering trust within the investment community. His contributions have further solidified the company's position as a leading entity in the copper industry.
As of the latest available information, Ms. Lina A. Vingerhoets Vilca serves as the Deputy Comptroller and Controller of Peruvian Operations for Southern Copper Corporation. She has been affiliated with the company, contributing her expertise to the financial oversight and strategic management of its operations. Southern Copper Corporation is a prominent mining company involved in the exploration, mining, smelting, and refining of copper and other minerals. Her role is integral to ensuring the accuracy and integrity of financial reporting, as well as compliance with regulatory standards for the Peruvian branch of the corporation. Specific details about her education or previous roles might not be widely documented, but her position suggests a strong background in finance, accounting, and management within the mining industry. Her leadership in the financial domain is crucial to the company’s operations in Peru.
Southern Copper Corporation is a prominent mining company involved in the exploration, mining, smelting, and refining of copper and other minerals. Her role is integral to ensuring the accuracy and integrity of financial reporting, as well as compliance with regulatory standards for the Peruvian branch of the corporation.
Specific details about her education or previous roles might not be widely documented, but her position suggests a strong background in finance, accounting, and management within the mining industry. Her leadership in the financial domain is crucial to the company’s operations in Peru.
Edgard Corrales Aguilar serves as the Chief Operating Officer (COO) of Southern Copper Corporation. With an extensive background in mining and metallurgy, Mr. Corrales Aguilar has played a crucial role in the operations and expansion projects of Southern Copper, one of the largest integrated copper producers in the world. His leadership is marked by a strong commitment to operational efficiency, sustainability, and innovation within the mining sector. Mr. Corrales Aguilar has been instrumental in implementing strategies to enhance production processes while ensuring environmental responsibility and worker safety. His expertise and strategic vision continue to contribute significantly to the growth and success of Southern Copper Corp.
Julian Jorge Lazalde Psihas has served as an executive within Southern Copper Corporation, a major integrated copper producer. The company, which operates in various locations across the world, specializes in copper extraction, production, and refinement, alongside other products such as molybdenum, silver, and zinc. While detailed personal biographical information about Lazalde may not be widely available, figures in similar positions typically have extensive backgrounds in mining and metallurgy industries, often with significant experience in both leadership and operational roles, aligning with the strategic goals of the corporation. In such roles, responsibilities often include overseeing operations, ensuring compliance with industry regulations, and implementing strategies to optimize production and maintain sustainability.
Victor Pedraglio holds the position of Chief Financial Officer (CFO) at Southern Copper Corporation. In his role, he is responsible for overseeing the financial operations of the company, which includes managing financial planning, ensuring accurate financial reporting, and developing strategies to enhance corporate growth and profitability. Mr. Pedraglio has been integral to Southern Copper's financial management, providing insights into cost management, budgeting, and financial risk management. His leadership and expertise contribute significantly to the company's ability to maintain its position as one of the major copper producers in the world.
Mr. Andres Carlos Ferrero Ghislieri serves as the Chief Executive Officer of Southern Copper Corporation, which is a major integrated producer of copper, as well as other minerals like molybdenum, silver, and zinc. Under his leadership, the company has been working on expanding its mining and production activities, leveraging its extensive assets in Peru and Mexico. Ferrero has played a key role in driving strategic initiatives and improving operational efficiencies to enhance shareholder value. His background typically encompasses extensive experience in the mining industry, including roles in leadership and operational management, contributing to his effective stewardship of the company. Southern Copper is known for its commitment to socially responsible practices and sustainable development, values that Ferrero also emphasizes in his leadership approach.
