Southern Copper SCCO Exploration Expense
Exploration Expense at other companies
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Where this comes from
Reported directly by Southern Copper in its filing.
Tagged under the XBRL concept us-gaap:ExplorationExpense.
The official record: Southern Copper’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Southern Copper's exploration expense?
- Southern Copper (SCCO) reported exploration expense of $10.8M in Q1 2026.
- How has Southern Copper's exploration expense changed year-over-year?
- Southern Copper's exploration expense decreased by 7.7% year-over-year, from $11.7M to $10.8M.
- What is the long-term trend for Southern Copper's exploration expense?
- Over 4 years (2021 to 2025), Southern Copper's exploration expense has grown at a 5.0% compound annual growth rate (CAGR), from $43.5M to $52.8M.
- What does exploration expense mean?
- The amount spent on searching for new mineral resources to replenish or expand mining reserves.
- How do you interpret exploration expense?
- An increase suggests aggressive growth and reserve expansion, while a decrease may indicate cost-cutting or a mature asset base.
- How does exploration expense compare across companies?
- Standard across mining and extractive industries; often benchmarked as a percentage of total revenue or capital expenditure.