SCCO
Southern Copper Corporation
September 10, 2026 · pre-market
- Rarity
- 1.73
- Peak move
- −7.86%
- Float cap
- $18.1B
Southern Copper Corporation is one of the world’s largest integrated copper producers, with mining, smelting, and refining operations in Peru and Mexico. It produces copper, molybdenum, zinc, silver, gold, and lead, including refined copper cathodes and rod, and sells these metals into global markets where prices are set by major metal exchanges.
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What we found
13 events · 2 from SEC or newswire · 0 timed with the moveinsider_saleSouthern Copper director Luis Miguel Palomino Bonilla sold 100 shares at $210.00 for $21,000 on September 8, 2026.
SEC4 0001284489-26-000038- Key event
commodity_eventCopper prices came off their record high on September 10, 2026, pressuring copper miners, with Freeport-McMoRan and Southern Copper shares falling as much as 8% in New York trading.
- Key event
commodity_eventLME three-month copper fell 3.1% to $14,312 a tonne, reversing from a record $14,875, after reports the White House had not settled its refined-copper tariff plan, with Freeport-McMoRan and Global X copper miners ETF falling sharply.
geopoliticalOil rose above $100 a barrel to six-week highs after a sharp escalation of attacks by Iran and the US in the six-month-old Middle East war, weighing on copper and metals demand expectations.
commodity_eventCopper set records with LME three-month hitting $14,779 a tonne on Sept 8 and COMEX December peaking at $6.8730 a pound, then eased as oil above $100 a barrel weighed; China's August copper imports fell to 382,000 tonnes, the weakest August in six years.
peer_disclosureICSG data showed world copper mine production fell 1.1% to 11.341 million tonnes in the first half of 2026, with capacity utilisation at 77.1% versus 80.5% a year earlier and Chilean output down 9.4% in July.
- Key event
policy_changeThe White House has not decided on a proposed 15% refined copper tariff from January 2027 rising to 30% in 2028, weighing support for domestic mining against higher costs for US manufacturers after Commerce's June 30 deadline passed.
commodity_eventSulphuric acid prices in the Gulf rose to about $400 a tonne from $155 after the Middle East conflict cut supply and Chinese shipments to Chile stopped, lifting costs for SX-EW copper cathode producers.
peer_disclosureAnglo American-Glencore joint venture Collahuasi is restarting its mothballed SX-EW plant targeting 6,000 tonnes of cathode next year, and Capstone Copper is ramping oxide leaching back up at Mantoverde, broker SP Angel said.
commodity_eventCopper extended its record run on Sept 8, trading around $6.69 a pound, as traders cited potential US import tariffs pulling metal into US warehouses and South American production disruptions ahead of the tariff decision.
insider_saleDirector Luis Miguel Palomino Bonilla sold 100 shares of Southern Copper on September 4, 2026 at $200.00 per share for $20,000.
SEC4 0001284489-26-000037commodity_eventLME three-month copper rose for a fourth straight session to a record $14,617 a tonne on September 8, 2026, up about 17% year to date, as US tariff expectations pulled metal into COMEX warehouses and drained LME stocks nearly 40% since late May.
commodity_eventChile's copper export revenue fell in August to its lowest in more than a year, data released September 7 showed, after mine disruptions and severe weather left global mined supply at risk of its first annual decline since 2017.