Southern Copper Corp.

Copper prices and shares of Southern Copper and Freeport-McMoRan rose due to expectations of increased Chinese demand and fresh stimulus signals. Copper futures (CPER) also gained as a result.

Southern Copper is marking 30 years of trading on the New York Stock Exchange since its 1996 listing. The milestone follows the sudden death of President and CEO Óscar González Rocha on 7 April 2026.

Southern Copper Corporation marks 30 years on the New York Stock Exchange following the death of CEO Óscar González Rocha, which led to a reshaped leadership at Grupo México subsidiary.

Copper proxies rose as the CPER fund increased by 0.20%, with Southern Copper and Freeport-McMoRan gaining 1.75% and 1.61% respectively. Chile and Peru are leading efforts to boost copper supply.

Copper futures declined due to weaker Chinese manufacturing data, with Southern Copper and Freeport-McM shares falling. Chile and Peru's supply dynamics are highlighted as key factors influencing the market.

The copper-tracking fund CPER increased by 2.58% to $39.34, while Freeport-McMoRan and Southern Copper shares rose over 5% due to expectations of China's stimulus measures and the energy transition.

Copper miner stocks declined despite Southern Copper's US$4.3B sales, with Southern Copper and Freeport-McMoRan shares falling sharply. The copper-tracking fund CPER rose slightly, but overall market sentiment was influenced by China demand and energy transition factors.

Southern Copper has secured permits for the El Pilar project in Sonora, Mexico, with a budget of US$551 million, located 45 km from the Buenavista mine. The project includes 317 million tonnes of proven and probable copper ore and is expected to produce 36,000 tonnes of copper cathodes annually over 13 years.

Southern Copper Corp. reported Q2 earnings of $1.67 billion with net income of $2.01 per share and revenue of $4.29 billion. The story was generated by Automated Insights using data from Zacks Investment Research.

Copper futures rose on July 20, 2026, reaching near $6.29 per pound due to tight supply, boosting stock prices for Copper Corp (CPER), Southern Copper, and Freeport-McMoRan.

The article highlights seven copper-producing companies for 2026, citing rising copper prices driven by supply disruptions and long-term demand from electrification, AI data centers, and housing. Copper's role as an economic indicator and its critical use in renewable energy and technology sectors are emphasized.

Southern Copper, part of Grupo México, secured $1.25 billion through a New York bond sale to develop the Tía María copper mine in Peru. The bonds carry a 5.35% annual interest rate and mature in 2036, with the project intended to produce 100.

Southern Copper Corp. and Vale are experiencing negative copper costs as rising prices for gold and silver byproducts offset production expenses. The article highlights copper debris removal during refining at Southern's refinery.