SOUTHERN COPPER CORP/

Southern Copper Corporation announced record financial results for the second quarter ended June 30, 2026. Net sales surged 40.6% to $4.29 billion, while net income increased 71.6% to $1.67 billion, both new quarterly records. Adjusted EBITDA also reached a record $2.86 billion, up 59.5% year-over-year. The Board of Directors authorized a quarterly cash dividend of $1.10 per share and a stock dividend of 0.0120 shares per share, totaling an estimated $3.23 per share.

Southern Peru Copper Corporation (SPCC), a subsidiary of Southern Copper Corporation, announced it raised US$1.25 billion through a bond offering in the New York market. These funds are primarily designated for the development of the Tía María mining project, which is expected to begin operations in Q3 2027 and produce 120,000 metric tons of refined copper annually. The bonds carry an annual interest rate of 5.35% and mature in 2036. SPCC also highlighted progress on its Michiquillay project, which is projected to produce 225,000 metric tons of copper per year starting in 2032.

Southern Copper Corporation completed a public offering of $1.25 billion aggregate principal amount of 5.350% notes due 2036. The offering yielded net proceeds of approximately $1.24 billion, which will be allocated to the development of the Tia Maria project, financing capital expenditures, and general corporate purposes for its Peruvian branch, SPCC. The company entered into an underwriting agreement with several financial institutions for the issuance.

Southern Copper Corporation announced it priced $1.25 billion in unsecured notes due 2036 with a 5.350% interest rate. The offering is expected to close around June 24, 2026. Proceeds will be allocated to the Tia Maria project development, capital expenditure programs in Peru, and general corporate purposes for its Peruvian branch, SPCC. The notes rank equally with existing and future unsecured and unsubordinated debt.

Southern Copper Corporation announced the unexpected passing of its former President and CEO, Oscar Gonzalez Rocha, on April 13, 2026, recognizing his 50-year career and instrumental role in the company's growth. For Q1 2026, the company reported a significant increase in net income attributable to SCC by 66.7% to $1,576.9 million, with net sales rising 36.2% to $4,251.4 million. Operating income also saw a substantial increase of 61.5% to $2,480.4 million, driven by higher metal prices. Net cash provided by operating activities more than doubled, reaching $1,694.5 million.

Southern Copper Corporation announced the unexpected passing of its President, CEO, and Board member, Oscar Gonzalez Rocha, on April 13, 2026, after a 50-year career. The Board of Directors subsequently appointed Leonardo Contreras Lerdo de Tejada as the new Chief Executive Officer on April 23, 2026. Mr. Contreras Lerdo de Tejada will also continue his role on the Company's Board, with no immediate changes to his compensation approved in connection with his new appointment.

Southern Copper Corporation announced record Q1 2026 financial results, with net income reaching $1,576.9 million, a 66.7% increase year-over-year, driven by higher sales volumes for silver and zinc and improved metal prices. The Board of Directors also appointed Mr. Leonardo Contreras Lerdo de Tejada as the new Chief Executive Officer, succeeding Oscar Gonzalez Rocha. Additionally, the company declared a quarterly cash dividend of $1.00 per share and a stock dividend of 0.0100 shares per share.

Southern Copper Corporation announced the unexpected passing of its President and Chief Executive Officer, Oscar Gonzalez Rocha, on April 13, 2026. Effective April 16, 2026, the Board of Directors appointed Leonardo Contreras Lerdo de Tejada, a current board member, to serve as interim Chief Executive Officer. The Board has not approved any immediate changes to Mr. Contreras Lerdo de Tejada's compensation, and the company is in the process of seeking a permanent CEO.

Southern Copper Corporation announced the unexpected passing of Mr. Oscar Gonzalez Rocha, its President, Chief Executive Officer, and a member of the Board of Directors, on April 7, 2026. The company expressed its regret over his death. The Board of Directors intends to appoint a successor or interim Chief Executive Officer in the near future to ensure leadership continuity.

Southern Copper Corporation announced the unexpected passing of its President, Chief Executive Officer, and Board member, Mr. Oscar Gonzalez Rocha, on April 7, 2026. The company expressed regret over the loss of its key leader. The Board of Directors is actively working to appoint a successor or an interim Chief Executive Officer in the near future to ensure continuity in leadership.