secwatch.observer — SEC 8-K summary
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Issuer:     SOUTHERN COPPER CORP/ (SCCO)
CIK:        0001001838
Form:       8-K
Filed at:   2023-02-03T23:59:59+00:00
Accession:  0001558370-23-000838
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02
LLM model:  deepseek-v4-flash:cloud@v2

Southern Copper Q4 net income up 8.3% to $902M; full-year down 22.3%; dividend declared $1.00
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- Q4 net sales $2.82B (flat YoY); net income $902.4M (+8.3%); EPS $1.17.
- Full-year net sales $10.05B (-8.1%); net income $2.64B (-22.3%); EPS $3.41.
- Copper production 894,703 tons in 2022 (-6.6%); operating cash cost $0.78/lb (+16.5%).
- Board authorized $1.00/share dividend payable Mar 1, 2023 to holders of record Feb 14, 2023.
- Capital spending $948.5M in 2022 (+6.3%); Pilares mine to deliver ore to Caridad concentrator in Q2 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1001838/000155837023000838/0001558370-23-000838-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1001838/000155837023000838/scco-20230202x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-000838

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