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Southern Copper posts transcript of 2Q26 earnings conference call

PUBT·08/03/2026 13:21:40
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Southern Copper posts transcript of 2Q26 earnings conference call
  • Southern Copper’s 2Q26 earnings call featured CFO Raul Jacob, joined by CEO and board member Leonardo Contreras.
  • Sales reached USD 4.3 billion, up 41% year over year; adjusted EBITDA rose 60% to USD 2.86 billion; net income jumped 72% to USD 1.67 billion.
  • Copper output fell 3.5% to 230,662 tons on a 12% drop in Peru, partly offset by a 3.2% increase in Mexico; 2026 copper guidance lifted to 917,000 tons.
  • Operating cash cost was USD 2.29 per pound before byproduct credits; after credits it was USD 0.05 per pound, versus minus USD 0.11 in 1Q26.
  • Tia Maria reached 42% completion with USD 693 million invested; Southern Peru Copper issued USD 1.25 billion 10-year fixed rate senior unsecured notes at 5.35% to fund it.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Southern Copper Corporation published the original content used to generate this news brief on July 31, 2026, and is solely responsible for the information contained therein.