Southern Copper Sees Lower Output as Silver Rally Grabs Focus

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Southern Copper Corp. expects a decline in copper output over the next two years due to lower ore grades at key mines in Peru, but will focus on increasing silver production as prices rise.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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Southern Copper Corp. expects copper output to decline over the next two years as ore grades fall at key mines in Peru, even as a surge in silver prices sharpens the miner’s focus on boosting production of the precious metal it typically produces as a byproduct.

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Original article published by Bloomberg on January 28, 2026.
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