Discontinued — last reported Q3 '18
Operating Expenses
Exploration expense
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryGrowth
SignalContext dependent
VolatilityVolatile
First reportedQ1 2013
Last reportedQ3 2018Oct 31, 2018
How to read this metric
An increase signals a commitment to future production growth, while a decrease may indicate a focus on short-term cash preservation or a lack of viable new projects.
Detailed definition
Exploration expense covers the costs associated with searching for new mineral deposits or evaluating the viability of e...
Peer comparison
Specific to mining and oil/gas sectors; peers are evaluated on their exploration success rate and reserve replacement ratios.
Metric ID:
scco_exploration_expenseExploration expense at Other Companies
Frequently Asked Questions
- What does exploration expense mean?
- Costs spent on searching for new mineral resources to replenish or expand reserves.