Business Segments · Exploration Expense
Mexican Open Pit — Exploration Expense
Southern Copper Mexican Open Pit — Exploration Expense decreased by 47.4% to $1.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 28.6%, from $1.40M to $1.00M. Over 4 years (FY 2021 to FY 2025), Mexican Open Pit — Exploration Expense shows an upward trend with a 25.5% CAGR.
Analysis
StatementSegment
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2016
Last reportedQ4 2025
How to read this metric
Increased spending signals a commitment to future growth, while decreased spending may indicate a focus on short-term cash preservation.
Detailed definition
This captures the costs incurred by the Mexican open-pit segment to identify and evaluate new mineral deposits. It is a...
Peer comparison
Standard exploration expense metric for mining companies with active development pipelines.
Metric ID:
scco_segment_mexican_open_pit_exploration_expenseHistorical Data
19 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $700.00K | $600.00K | $500.00K | $500.00K | $600.00K | $600.00K | $1.40M | $1.30M | $1.40M | $1.90M | $1.60M | $3.60M | $2.40M | $1.30M | $1.40M | $1.30M | $1.50M | $1.90M | $1.00M |
| QoQ Change | — | -14.3% | -16.7% | +0.0% | +20.0% | +0.0% | +133.3% | -7.1% | +7.7% | +35.7% | -15.8% | +125.0% | -33.3% | -45.8% | +7.7% | -7.1% | +15.4% | +26.7% | -47.4% |
| YoY Change | — | — | — | — | -14.3% | +0.0% | +180.0% | +160.0% | +133.3% | +216.7% | +14.3% | +176.9% | +71.4% | -31.6% | -12.5% | -63.9% | -37.5% | +46.2% | -28.6% |
Range$500.00K – $3.60M
CAGR+8.2%
Avg YoY Growth+54.0%
Median YoY Growth+14.3%
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Frequently Asked Questions
- What is Southern Copper's mexican open pit — exploration expense?
- Southern Copper (SCCO) reported mexican open pit — exploration expense of $1.00M in Q4 2025.
- How has Southern Copper's mexican open pit — exploration expense changed year-over-year?
- Southern Copper's mexican open pit — exploration expense decreased by 28.6% year-over-year, from $1.40M to $1.00M.
- What is the long-term trend for Southern Copper's mexican open pit — exploration expense?
- Over 4 years (2021 to 2025), Southern Copper's mexican open pit — exploration expense has grown at a 25.5% compound annual growth rate (CAGR), from $2.30M to $5.70M.
- What does mexican open pit — exploration expense mean?
- Costs spent on searching for new mineral deposits within the Mexican open-pit segment.