Business Segments · Exploration Expense
Peruvian Operations — Exploration Expense
Southern Copper Peruvian Operations — Exploration Expense decreased by 57.8% to 350000000.0% in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 7.9%, from 380000000.0% to 350000000.0%. Over 4 years (FY 2021 to FY 2025), Peruvian Operations — Exploration Expense shows an upward trend with a 14.9% CAGR.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityVolatile
First reportedQ1 2016
Last reportedQ1 2026Apr 30, 2026
Rolls up toExploration expenses
How to read this metric
An increase signals a strategic focus on long-term growth and reserve replacement, though it impacts short-term profitability.
Detailed definition
This metric tracks the costs incurred by the Peruvian segment to identify and evaluate new mineral deposits or expand ex...
Peer comparison
Commonly reported as 'Exploration and Evaluation' expenses in the mining sector.
Metric ID:
scco_segment_peruvian_operations_exploration_expenseHistorical Data
20 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 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | 320,000,000% | 270,000,000% | 460,000,000% | 680,000,000% | 400,000,000% | 330,000,000% | 440,000,000% | 460,000,000% | 750,000,000% | 810,000,000% | 890,000,000% | 580,000,000% | 1,070,000,000% | 730,000,000% | 940,000,000% | 380,000,000% | 840,000,000% | 480,000,000% | 830,000,000% | 350,000,000% |
| QoQ Change | — | -15.6% | +70.4% | +47.8% | -41.2% | -17.5% | +33.3% | +4.5% | +63.0% | +8.0% | +9.9% | -34.8% | +84.5% | -31.8% | +28.8% | -59.6% | +121.1% | -42.9% | +72.9% | -57.8% |
| YoY Change | — | — | — | — | +25.0% | +22.2% | -4.3% | -32.4% | +87.5% | +145.5% | +102.3% | +26.1% | +42.7% | -9.9% | +5.6% | -34.5% | -21.5% | -34.2% | -11.7% | -7.9% |
Range270,000,000% – 1,070,000,000%
CAGR+1.9%
Avg YoY Growth+18.8%
Median YoY Growth+0.6%
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Frequently Asked Questions
- What is Southern Copper's peruvian operations — exploration expense?
- Southern Copper (SCCO) reported peruvian operations — exploration expense of 350000000.0% in Q1 2026.
- How has Southern Copper's peruvian operations — exploration expense changed year-over-year?
- Southern Copper's peruvian operations — exploration expense decreased by 7.9% year-over-year, from 380000000.0% to 350000000.0%.
- What is the long-term trend for Southern Copper's peruvian operations — exploration expense?
- Over 4 years (2021 to 2025), Southern Copper's peruvian operations — exploration expense has grown at a 14.9% compound annual growth rate (CAGR), from 1450000000.0% to 2530000000.0%.
- What does peruvian operations — exploration expense mean?
- The costs spent by the Peruvian segment to search for and evaluate new mineral deposits.