Southern Copper’s BIG Move: How Tia Maria Is Transforming Peru’s Mining Future!

Southern Copper Corporation’s third quarter and nine-month results for 2025 present a nuanced picture of the company’s financial and operational status. The company marked notable achievements with record net sales, adjusted EBITDA, and net income for the quarter, underscoring effective strategic execution and favorable market conditions. The boosts in these financials were substantially driven by increased production of by-products like zinc, silver, and molybdenum, and elevated metal prices. Specifically, zinc production rose by an impressive 46% due to the Buenavista zinc concentrator’s performance. The company reported a low cash cost of $0.42 per pound of copper, positioning it competitively within the industry. However, total copper production faced a year-over-year decline of 7%, largely attributable to lower ore grades in Peruvian and Mexican operations. Despite this, Southern Copper anticipates a full-year copper production just slightly below their initial 2025 forecast, indicating resilience in a challenging environment.