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Company Directory - Southern Copper Inc.

Company Details - Southern Copper Inc.

Southern Copper Inc. Logo

Southern Copper Inc.

Website

Phoenix, United States

NYSE: SCCO 

Southern Copper Inc. is a mining company engaged in the production and sale of copper and other metals. It is one of the largest copper producers in the world and operates mining projects in several countries in the Americas.

CCI Score

CCI Score: Southern Copper Inc.

-17.50

0.01%

Latest Event

Allegations of Human Rights Abuses at Cuajone Mine

The article alleges that Southern Copper, operating in Peru, forcibly displaced and illegally detained community members at its Cuajone mine facilities. The report raises concerns regarding possible human rights violations and a disregard for community welfare.

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ENABLER

Southern Copper Inc. is currently rated as an Enabler.

-10 to -19 CCI Score
Companies in this segment facilitate authoritarian practices while claiming neutrality. They provide resources or support that indirectly bolster oppressive regimes, thereby undermining democratic accountability without overtly endorsing the regime.

Latest Events

  • Allegations of Human Rights Abuses at Cuajone Mine Logo
    JAN
    01
    2025

    The article alleges that Southern Copper, operating in Peru, forcibly displaced and illegally detained community members at its Cuajone mine facilities. The report raises concerns regarding possible human rights violations and a disregard for community welfare.

  • -80

    Labor Relations and Human Rights Practices

    April 3

    The allegations that Southern Copper violently displaced and illegally detained community members indicate a serious disregard for labor rights and human rights. Such actions, if substantiated, align with authoritarian practices and represent a repressive behavior toward vulnerable communities. This negative score reflects the severity of these human rights concerns.

    Southern Copper Corporation (part of Grupo México)

  • Release of Revised Code of Business Ethics Logo
    OCT
    20
    2023

    Southern Copper Inc. published its updated Code of Business Ethics, reiterating its commitment to upholding robust human and labor rights, ensuring fair and ethical business practices, and maintaining non-participation in partisan political contributions.

  • +50

    Public and Political Behavior

    April 3

    The Code explicitly states that Southern Copper makes no political contributions and refrains from engaging in partisan lobbying, reinforcing a stance against authoritarian influence in political affairs. This commitment to unbiased public behavior earns a positive score in this category.

    Microsoft Word - SCC Code of Business Ethics v7 - SEC.gov

  • +80

    Labor Relations and Human Rights Practices

    April 3

    The updated Code of Ethics underscores Southern Copper’s commitment to protecting human and labor rights, promoting equal opportunity, and enforcing anti-harassment measures. These robust labor protections align with progressive, anti-authoritarian values and contribute significantly to a positive assessment.

    Microsoft Word - SCC Code of Business Ethics v7 - SEC.gov

  • Publication of Revised Code of Ethics and Business Conduct Logo
    OCT
    01
    2023

    Southern Copper Corporation released its comprehensive Code of Ethics and Business Conduct document, outlining robust policies on equal employment opportunity, anti-harassment, human rights protection, and non-involvement in political contributions. The document emphasizes transparency, respect for labor rights, and corporate social responsibility.

  • +70

    Political Contributions and Lobbying Efforts

    April 3

    The Code explicitly prohibits political contributions and involvement, ensuring that company funds are not used to support any political party or candidate. This stance minimizes potential entanglement with authoritarian or far-right political interests, reflecting an anti-authoritarian approach.

  • +80

    Labor Relations and Human Rights Practices

    April 3

    The document details comprehensive measures to protect labor rights, promote equal employment, and prevent harassment, child labor, and forced labor. These policies demonstrate the company's commitment to upholding human rights and fostering an inclusive, fair work environment.

    PDF The Code of Ethics and Business Conduct - Southern Copper Corporation

  • Violent Displacement and Detention at Cuajone Mine Logo
    OCT
    01
    2023

    Southern Copper security workers allegedly forcibly evicted and illegally detained 20 community members occupying water installations at the Cuajone mine in protest against an expansion plan, resulting in injuries and raising serious human rights and community safety concerns.

  • -70

    Public and Political Behavior

    April 3

    The company's deployment of 60 security workers to violently evict protesting community members undermines democratic public behavior and the right to peaceful protest. This displays repressive tactics in response to dissent, aligning with authoritarian practices.

    Peru: Southern Copper allegedly violently displaced and illegally detained community members occupying Cuajone mine facilities

  • -80

    Labor Relations and Human Rights Practices

    April 3

    The incident is indicative of a severe disregard for human rights and ethical labor practices. The violent displacement and illegal detention of community members—who are often marginalized—highlight concerning practices that harm community welfare and undermine labor and human rights standards.

    Peru: Southern Copper allegedly violently displaced and illegally detained community members occupying Cuajone mine facilities

  • Lobbying Expenditure Highlight from OpenSecrets Logo
    DEC
    31
    2022

    OpenSecrets data reports that Southern Co spent approximately $9.3 million on lobbying in 2022. The report highlights significant corporate political spending aimed at influencing federal and state policy, raising concerns about the company's role in shaping political processes.

  • -60

    Political Contributions and Lobbying Efforts

    April 3

    The report on Southern Co's lobbying expenditures reveals that the company invested nearly $9.3 million in lobbying efforts during 2022. From an anti-fascist perspective, such significant political spending can be seen as an attempt to influence policy to the company's benefit, potentially at the expense of democratic processes. This level of financial influence raises concerns over corporate complicity in shaping political agendas that may not align with progressive reforms.

    Southern Co Lobbying Profile • OpenSecrets

  • Indigenous Protest at Cuajone Mine Ended After State of Emergency Logo
    APR
    25
    2022

    In April 2022, indigenous communities protesting against Southern Copper Corp’s Cuajone mine lifted their protest after a state of emergency was declared by Peruvian authorities. The demonstration, which had resulted in more than 50 days of production suspension, highlighted local grievances over financial and social demands. Southern Copper has not yet announced if production will restart, reflecting a failure to engage with the concerns of a marginalized community.

  • -50

    Labor Relations and Human Rights Practices

    April 3

    The prolonged protest by indigenous communities at the Cuajone mine, which forced a production shutdown for over 50 days and required military intervention to resume operations, underscores a significant neglect of human rights and community concerns. Southern Copper Corp’s lack of proactive engagement in addressing these grievances reflects poorly on its labor relations and ethical responsibility towards local, marginalized populations.

    Peru: Protest by indigenous communities at Southern Copper Corp's mine ends after the declaration of a state of emergency

  • Bribery Scandal in the Tia Maria Project Logo
    MAY
    09
    2015

    Leaked audio recordings reveal that a Southern Copper executive attempted to bribe a local protest leader with $1.5 million to suppress opposition, highlighting unethical corporate tactics to undermine community resistance.

  • -70

    Public and Political Behavior

    April 3

    The leaked audio evidences an attempt by Southern Copper's lawyer to bribe a community leader, directly undermining democratic processes and contributing to an authoritarian suppression of dissent.

    Peru’s Tia Maria Mining Conflict: Another Mega Imposition

  • -20

    Business Practices and Ethical Responsibility

    April 3

    The bribery attempt reflects a broader pattern of unethical business practices by Southern Copper Inc., undermining the accountability expected from responsible corporate behavior.

    Peru’s Tia Maria Mining Conflict: Another Mega Imposition

  • Tia Maria Mining Conflict: Environmental Damage and Community Repression Logo
    MAR
    23
    2015

    Southern Copper Inc. continues its controversial Tia Maria project amid evidence of environmental degradation, disregard for community consultation, and labor rights violations, contributing to state-supported repression in Peru.

  • -40

    Public and Political Behavior

    April 3

    Southern Copper’s persistent push of the Tia Maria project is coupled with alignment with state repressive measures. The company’s actions—ignoring overwhelming community opposition and facilitating government intervention—undermine democratic dissent.

    Peru’s Tia Maria Mining Conflict: Another Mega Imposition

  • -50

    Business Practices and Ethical Responsibility

    April 3

    The company has a long history of environmental negligence and labor rights violations. Its failure to properly address the severe ecological damage and disregard for community consent in the project signals deep unethical business practices.

    Peru’s Tia Maria Mining Conflict: Another Mega Imposition

  • -30

    Economic and Structural Influence

    April 3

    By leveraging economic might to influence local governments and regulatory bodies, Southern Copper contributes to regulatory capture that favors extractive interests over community welfare.

    Peru’s Tia Maria Mining Conflict: Another Mega Imposition

Corporate Financials

Revenue
2025
$8.03B
Total Assets
2025
$17.79B
Operating Income
2025
$3.40B
Total Equity
2025
$9.20B

Industries

212234
Copper, Nickel, Lead, and Zinc Mining
331419
Other Nonferrous Metal Production
331411
Primary Smelting and Refining of Copper