Southern Copper SCCO Exploration Expense

Exploration Expense at other companies

Freeport-McMoRan Inc.FCX

$53M+15.2%

U.S. Gold Corp.USAU

$436.91K-41.4%

Solitario ResourcesXPL

$182K-23.8%

Ivanhoe ElectricIE

$21.41M+52.1%

Perpetua Resources Corp.PPTA

$53.1M+306%

Contango Silver & GoldCTGO

$3.83M+734%

FAQ

What is Southern Copper's exploration expense?

Southern Copper (SCCO) reported exploration expense of $14.9M in Q2 2026.

How has Southern Copper's exploration expense changed year-over-year?

Southern Copper's exploration expense increased by 8.8% year-over-year, from $13.7M to $14.9M.

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?

Represents the costs incurred to identify, evaluate, and confirm the existence of new mineral deposits or to expand existing reserves. This is a critical investment for mining companies to ensure long-term production sustainability and resource replacement. High spending indicates a commitment to future growth, while low spending may signal a focus on short-term cash flow over asset longevity.