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Business Segments · Exploration Expense

Mexican IMMSA Unit — Exploration Expense

Southern Copper Mexican IMMSA Unit — Exploration Expense decreased by 38.7% to 190000000.0% in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 20.8%, from 240000000.0% to 190000000.0%. Over 4 years (FY 2021 to FY 2025), Mexican IMMSA Unit — Exploration Expense shows an upward trend with a 19.4% CAGR.

Analysis

StatementSegment
CategoryGrowth
SignalContext dependent
VolatilityVolatile
First reportedQ1 2016
Last reportedQ1 2026Apr 30, 2026

How to read this metric

An increase suggests aggressive growth strategy, while a decrease may indicate a focus on short-term cash flow over reserve replacement.

Detailed definition

This captures the costs incurred by the Mexican IMMSA unit to identify and evaluate new mineral deposits. It represents...

Peer comparison

Standard exploration expense metric for mining companies with active development pipelines.

Metric ID: scco_segment_mexican_immsa_unit_exploration_expense

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value90,000,000%170,000,000%190,000,000%110,000,000%130,000,000%170,000,000%140,000,000%220,000,000%170,000,000%210,000,000%260,000,000%180,000,000%260,000,000%260,000,000%350,000,000%240,000,000%360,000,000%270,000,000%310,000,000%190,000,000%
QoQ Change+88.9%+11.8%-42.1%+18.2%+30.8%-17.6%+57.1%-22.7%+23.5%+23.8%-30.8%+44.4%+0.0%+34.6%-31.4%+50.0%-25.0%+14.8%-38.7%
YoY Change+44.4%+0.0%-26.3%+100.0%+30.8%+23.5%+85.7%-18.2%+52.9%+23.8%+34.6%+33.3%+38.5%+3.8%-11.4%-20.8%
Range90,000,000%360,000,000%
CAGR+17.0%
Avg YoY Growth+24.7%
Median YoY Growth+27.3%

Frequently Asked Questions

What is Southern Copper's mexican immsa unit — exploration expense?
Southern Copper (SCCO) reported mexican immsa unit — exploration expense of 190000000.0% in Q1 2026.
How has Southern Copper's mexican immsa unit — exploration expense changed year-over-year?
Southern Copper's mexican immsa unit — exploration expense decreased by 20.8% year-over-year, from 240000000.0% to 190000000.0%.
What is the long-term trend for Southern Copper's mexican immsa unit — exploration expense?
Over 4 years (2021 to 2025), Southern Copper's mexican immsa unit — exploration expense has grown at a 19.4% compound annual growth rate (CAGR), from 580000000.0% to 1180000000.0%.
What does mexican immsa unit — exploration expense mean?
Costs spent by the Mexican IMMSA unit to find new mineral resources.