$SCCO
SOUTHERN COPPER CORP/ Stock $scco

$scco Overview Financials Valuation SEC Filings Company Website

2012 Q2 Form 10-Q Financial Statement

#000110465912054018 Filed on August 03, 2012

Income Statement

Concept	2012 Q2	2011 Q2	2011 Q1
Revenue	$1.660B	$1.802B	$1.602B
YoY Change	-7.86%	53.55%	31.38%
Cost Of Revenue	$667.9M	$696.0M	$736.9M
YoY Change	-4.04%	30.95%	44.21%
Gross Profit	$913.6M	$1.033B	$794.5M
YoY Change	-11.52%	60.89%	12.15%
Gross Profit Margin	55.04%	57.32%	49.59%
Selling, General & Admin	$25.36M	$25.74M	$24.60M
YoY Change	-1.48%	17.02%	13.36%
% of Gross Profit	2.78%	2.49%	3.1%
Research & Development	$12.60M	$8.100M	$7.200M
YoY Change	55.56%	-19.8%	-15.29%
% of Gross Profit	1.38%	0.78%	0.91%
Depreciation & Amortization	$78.43M	$72.90M	$70.60M
YoY Change	7.59%	-7.02%	-13.16%
% of Gross Profit	8.58%	7.06%	8.89%
Operating Expenses	$25.36M	$25.74M	$102.4M
YoY Change	-1.48%	-74.59%	2.81%
Operating Profit	$875.6M	$998.7M	$762.7M
YoY Change	-12.33%	84.77%	25.28%
Interest Expense	-$22.80M	-$43.40M	-$43.90M
YoY Change	-47.47%	-0.69%	102.3%
% of Operating Profit	-2.6%	-4.35%	-5.76%
Other Income/Expense, Net	$18.32M	$6.728M	-$600.0K
YoY Change	172.35%	-203.51%	-142.86%
Pretax Income	$853.3M	$962.1M	$718.2M
YoY Change	-11.31%	96.26%	22.04%
Income Tax	$310.0M	$301.9M	$238.1M
% Of Pretax Income	36.33%	31.38%	33.15%
Net Earnings	$565.3M	$660.1M	$480.1M
YoY Change	-14.36%	110.63%	25.29%
Net Earnings / Revenue	34.06%	36.64%	29.97%
Basic Earnings Per Share
Diluted Earnings Per Share	$663.3K	$767.3K	$556.9K
COMMON SHARES
Basic Shares Outstanding	849.5M shares	857.5M shares
Diluted Shares Outstanding	849.5M shares	857.5M shares

Balance Sheet

Concept	2012 Q2	2011 Q2	2011 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$1.453B	$1.679B	$2.194B
YoY Change	-13.46%	-23.51%	226.49%
Cash & Equivalents	$1.079B	$1.454B	$1.973B
Short-Term Investments	$374.0M	$225.0M	$221.0M
Other Short-Term Assets	$82.56M	$103.0M	$172.0M
YoY Change	-19.84%	71.67%	115.0%
Inventory	$625.6M	$609.0M	$629.0M
Prepaid Expenses
Receivables	$618.6M	$767.0M	$597.0M
Other Receivables	$202.0M	$113.0M	$77.00M
Total Short-Term Assets	$3.072B	$3.272B	$3.669B
YoY Change	-6.12%	4.8%	113.44%
LONG-TERM ASSETS
Property, Plant & Equipment	$4.666B	$4.130B	$4.095B
YoY Change	12.98%	2.97%	3.04%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$185.2M	$281.0M	$249.0M
YoY Change	-34.1%	38.42%	27.69%
Total Long-Term Assets	$5.301B	$4.522B	$4.456B
YoY Change	17.23%	4.51%	4.06%
TOTAL ASSETS
Total Short-Term Assets	$3.072B	$3.272B	$3.669B
Total Long-Term Assets	$5.301B	$4.522B	$4.456B
Total Assets	$8.373B	$7.794B	$8.125B
YoY Change	7.43%	4.63%	35.39%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$384.9M	$348.0M	$596.0M
YoY Change	10.59%	56.05%	132.81%
Accrued Expenses	$244.0M	$219.0M	$254.0M
YoY Change	11.42%	6.83%	51.19%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$10.00M	$10.00M	$10.00M
YoY Change	0.0%	0.0%	0.0%
Total Short-Term Liabilities	$758.4M	$698.0M	$1.065B
YoY Change	8.65%	26.91%	112.15%
LONG-TERM LIABILITIES
Long-Term Debt	$2.731B	$2.740B	$2.745B
YoY Change	-0.33%	-0.54%	116.14%
Other Long-Term Liabilities	$46.72M	$185.0M	$213.0M
YoY Change	-74.75%	6.32%	34.81%
Total Long-Term Liabilities	$3.038B	$2.925B	$2.958B
YoY Change	3.88%	-0.14%	107.14%
TOTAL LIABILITIES
Total Short-Term Liabilities	$758.4M	$698.0M	$1.065B
Total Long-Term Liabilities	$3.038B	$2.925B	$2.958B
Total Liabilities	$3.797B	$3.793B	$4.182B
YoY Change	0.1%	4.66%	98.48%
SHAREHOLDERS EQUITY
Retained Earnings	$4.130B
YoY Change
Common Stock	$1.205B
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)	$789.2M
YoY Change
Treasury Stock Shares
Shareholders Equity	$4.553B	$4.001B	$3.942B
YoY Change
Total Liabilities & Shareholders Equity	$8.373B	$7.794B	$8.125B
YoY Change	7.43%	4.63%	35.39%

Cashflow Statement

Concept	2012 Q2	2011 Q2	2011 Q1
OPERATING ACTIVITIES
Net Income	$565.3M	$660.1M	$480.1M
YoY Change	-14.36%	110.63%	25.29%
Depreciation, Depletion And Amortization	$78.43M	$72.90M	$70.60M
YoY Change	7.59%	-7.02%	-13.16%
Cash From Operating Activities	$377.1M	$202.7M	$515.1M
YoY Change	86.04%	-61.6%	67.68%
INVESTING ACTIVITIES
Capital Expenditures	$230.3M	$110.7M	-$73.00M
YoY Change	108.13%	-219.11%	-3.18%
Acquisitions
YoY Change
Other Investing Activities	-$123.1M	-$1.200M	-$155.2M
YoY Change	10158.33%	-95.95%	-1992.68%
Cash From Investing Activities	-$353.4M	-$111.9M	-$228.2M
YoY Change	215.82%	-8.65%	239.58%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$33.18M	$148.1M
YoY Change	-77.59%	-37117.0%
Debt Paid & Issued, Net	$5.000M	$5.000M
YoY Change	0.0%
Cash From Financing Activities	-489.4M	-629.7M	-501.7M
YoY Change	-22.28%	-157.66%	36.85%
NET CHANGE
Cash From Operating Activities	377.1M	202.7M	515.1M
Cash From Investing Activities	-353.4M	-111.9M	-228.2M
Cash From Financing Activities	-489.4M	-629.7M	-501.7M
Net Change In Cash	-465.7M	-538.9M	-214.8M
YoY Change	-13.58%	-135.99%	69.67%
FREE CASH FLOW
Cash From Operating Activities	$377.1M	$202.7M	$515.1M
Capital Expenditures	$230.3M	$110.7M	-$73.00M
Free Cash Flow	$146.8M	$92.04M	$588.1M
YoY Change	59.48%	-85.17%	53.71%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2012Q2	us-gaap	Trading Securities Debt Current TradingSecuritiesDebtCurrent	367300000	USD
CY2011Q4	us-gaap	Trading Securities Debt Current TradingSecuritiesDebtCurrent	514600000	USD
CY2012Q2	us-gaap	Available For Sale Securities Current AvailableForSaleSecuritiesCurrent	6400000	USD
CY2011Q4	us-gaap	Available For Sale Securities Current AvailableForSaleSecuritiesCurrent	7300000	USD
CY2012Q2	us-gaap	Short Term Investments ShortTermInvestments	373756000	USD
CY2011Q4	us-gaap	Short Term Investments ShortTermInvestments	521955000	USD
CY2011	scco	Available For Sale Securities Weighted Average Interest Rate AvailableForSaleSecuritiesWeightedAverageInterestRate	0.0058	pure
CY2012Q2	us-gaap	Interest And Dividend Income Securities Trading Or Measured At Fair Value InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue	900000	USD
CY2012Q2	us-gaap	Trading Securities Unrealized Holding Loss TradingSecuritiesUnrealizedHoldingLoss	100000	USD
CY2012Q2	us-gaap	Proceeds From Sale And Maturity Of Available For Sale Securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities	900000	USD
CY2011Q2	us-gaap	Proceeds From Sale And Maturity Of Available For Sale Securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities	400000	USD
	us-gaap	Proceeds From Sale And Maturity Of Available For Sale Securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities	1200000	USD
	scco	Available For Sale Securities Weighted Average Interest Rate AvailableForSaleSecuritiesWeightedAverageInterestRate	0.0054	pure
CY2011Q2	us-gaap	Interest And Dividend Income Securities Trading Or Measured At Fair Value InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue	1000000	USD
	us-gaap	Interest And Dividend Income Securities Trading Or Measured At Fair Value InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue	1600000	USD
	us-gaap	Interest And Dividend Income Securities Trading Or Measured At Fair Value InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue	1400000	USD
	us-gaap	Trading Securities Unrealized Holding Loss TradingSecuritiesUnrealizedHoldingLoss	5100000	USD
	us-gaap	Proceeds From Sale And Maturity Of Available For Sale Securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities	800000	USD
	scco	Trading Securities Weighted Average Interest Rate TradingSecuritiesWeightedAverageInterestRate	0.0101	pure
CY2011	scco	Trading Securities Weighted Average Interest Rate TradingSecuritiesWeightedAverageInterestRate	0.0137	pure
CY2012Q2	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	110800000	USD
CY2012Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	1789000	USD
CY2011Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	93300000	USD
CY2011Q4	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	296100000	USD
CY2012Q2	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	230500000	USD
CY2011Q4	us-gaap	Inventory Supplies Net Of Reserves InventorySuppliesNetOfReserves	262500000	USD
CY2012Q2	us-gaap	Inventory Supplies Net Of Reserves InventorySuppliesNetOfReserves	284300000	USD
CY2012Q2	us-gaap	Inventory Net InventoryNet	625567000	USD
CY2011Q4	us-gaap	Inventory Net InventoryNet	651896000	USD
CY2012Q2	us-gaap	Inventory Ore Stockpiles On Leach Pads InventoryOreStockpilesOnLeachPads	182214000	USD
CY2011Q4	us-gaap	Inventory Ore Stockpiles On Leach Pads InventoryOreStockpilesOnLeachPads	122985000	USD
	scco	Inventory Ore Stockpiles On Leach Pads Capitalized Costs InventoryOreStockpilesOnLeachPadsCapitalizedCosts	101200000	USD
	scco	Inventory Ore Stockpiles On Leach Pads Capitalized Costs InventoryOreStockpilesOnLeachPadsCapitalizedCosts	54100000	USD
	scco	Inventory Ore Stockpiles On Leach Pads Recognized As Cost Of Sales InventoryOreStockpilesOnLeachPadsRecognizedAsCostOfSales	35300000	USD
	scco	Inventory Ore Stockpiles On Leach Pads Recognized As Cost Of Sales InventoryOreStockpilesOnLeachPadsRecognizedAsCostOfSales	23600000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	628742000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	540016000	USD
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.351	pure
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.321	pure
	scco	Asset Retirement Obligation Annual Guarantees AssetRetirementObligationAnnualGuarantees	2600000	USD
	scco	Asset Retirement Obligation Annual Installment Period AssetRetirementObligationAnnualInstallmentPeriod	34
CY2012Q2	us-gaap	Property Plant And Equipment Fair Value Disclosure PropertyPlantAndEquipmentFairValueDisclosure	17000000	USD
	scco	Asset Retirement Obligation Units Number AssetRetirementObligationUnitsNumber	3	unit
CY2011Q4	us-gaap	Asset Retirement Obligation AssetRetirementObligation	62000000	USD
CY2012Q2	us-gaap	Asset Retirement Obligation AssetRetirementObligation	63700000	USD
CY2010Q4	us-gaap	Asset Retirement Obligation AssetRetirementObligation	59100000	USD
CY2011Q2	us-gaap	Asset Retirement Obligation AssetRetirementObligation	60800000	USD
	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	-1700000	USD
	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	-1700000	USD
CY2011Q4	us-gaap	Due From Related Parties Current DueFromRelatedPartiesCurrent	1988000	USD
CY2012Q2	us-gaap	Due From Related Parties Current DueFromRelatedPartiesCurrent	2455000	USD
CY2011Q4	us-gaap	Due To Related Parties Current DueToRelatedPartiesCurrent	4400000	USD
CY2012Q2	us-gaap	Due To Related Parties Current DueToRelatedPartiesCurrent	7600000	USD
	us-gaap	Related Party Transaction Expenses From Transactions With Related Party RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty	41400000	USD
	us-gaap	Related Party Transaction Expenses From Transactions With Related Party RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty	61000000	USD
CY2012Q2	us-gaap	Environmental Cost Recognized Capitalized In Period EnvironmentalCostRecognizedCapitalizedInPeriod	12800000	USD
CY2011Q2	us-gaap	Environmental Cost Recognized Capitalized In Period EnvironmentalCostRecognizedCapitalizedInPeriod	4800000	USD
CY1997Q4	scco	Power Purchase Agreement Term PowerPurchaseAgreementTerm	20
	scco	Number Of Reportable Segment NumberOfReportableSegment	3	segment
CY2012Q2	us-gaap	Revenues Revenues	1659900000	USD
CY2012Q2	us-gaap	Cost Of Revenue CostOfRevenue	667876000	USD
CY2012Q2	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	25362000	USD
CY2012Q2	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	78428000	USD
CY2012Q2	us-gaap	Exploration Expense Mining ExplorationExpenseMining	12600000	USD
CY2012Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	875610000	USD
CY2012Q2	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-40600000	USD
	us-gaap	Trading Securities Unrealized Holding Gain Loss TradingSecuritiesUnrealizedHoldingGainLoss	5483000	USD
CY2012Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	476000	USD
CY2012Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	309973000	USD
CY2012Q2	us-gaap	Equity Method Investment Summarized Financial Information Net Income Loss EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss	22020000	USD
CY2012Q2	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.66
CY2012Q2	us-gaap	Property Plant And Equipment Additions PropertyPlantAndEquipmentAdditions	230300000	USD
CY2012Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	4666183000	USD
CY2012Q2	us-gaap	Assets Assets	8373095000	USD
CY2011Q2	us-gaap	Revenues Revenues	1801500000	USD
CY2011Q2	us-gaap	Cost Of Revenue CostOfRevenue	695977000	USD
CY2011Q2	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	25744000	USD
CY2011Q2	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	72898000	USD
CY2011Q2	us-gaap	Exploration Expense Mining ExplorationExpenseMining	8147000	USD
CY2011Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	998732000	USD
CY2011Q2	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-43400000	USD
CY2011Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	6728000	USD
CY2011Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	301935000	USD
CY2011Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	2082000	USD
CY2011Q2	us-gaap	Property Plant And Equipment Additions PropertyPlantAndEquipmentAdditions	110700000	USD
CY2011Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	4130100000	USD
CY2011Q2	us-gaap	Assets Assets	7794100000	USD
	us-gaap	Revenues Revenues	3465800000	USD
	us-gaap	Cost Of Revenue CostOfRevenue	1389803000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	50793000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	155372000	USD
	us-gaap	Exploration Expense Mining ExplorationExpenseMining	21325000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	1848519000	USD
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-81100000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1876000	USD
CY2012Q2	us-gaap	Interest Costs Incurred InterestCostsIncurred	47409000	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	3921000	USD
	us-gaap	Equity Method Investment Summarized Financial Information Net Income Loss EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss	24674000	USD
	us-gaap	Property Plant And Equipment Additions PropertyPlantAndEquipmentAdditions	407700000	USD
	us-gaap	Revenues Revenues	3403500000	USD
	us-gaap	Cost Of Revenue CostOfRevenue	1432837000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	50316000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	143542000	USD
	us-gaap	Exploration Expense Mining ExplorationExpenseMining	15365000	USD
CY2012Q2	us-gaap	Costs And Expenses CostsAndExpenses	784266000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	1761457000	USD
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-87300000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	6148000	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	3853000	USD
	us-gaap	Property Plant And Equipment Additions PropertyPlantAndEquipmentAdditions	183600000	USD
CY2012Q2	us-gaap	Minority Interest MinorityInterest	23022000	USD
CY2011Q2	us-gaap	Minority Interest MinorityInterest	20000000	USD
CY2011Q4	us-gaap	Minority Interest MinorityInterest	20979000	USD
CY2010Q4	us-gaap	Minority Interest MinorityInterest	20000000	USD
	scco	Noncontrolling Interest Increase Decrease Other NoncontrollingInterestIncreaseDecreaseOther	-200000	USD
	scco	Noncontrolling Interest Increase Decrease Other NoncontrollingInterestIncreaseDecreaseOther	-200000	USD
CY2012Q2	us-gaap	Treasury Stock Value TreasuryStockValue	789223000	USD
CY2008	us-gaap	Stock Repurchase Program Authorized Amount StockRepurchaseProgramAuthorizedAmount	500000000	USD
CY2012Q2	us-gaap	Investment Income Interest InvestmentIncomeInterest	3563000	USD
CY2011Q3	us-gaap	Stock Repurchase Program Authorized Amount StockRepurchaseProgramAuthorizedAmount	1000000000	USD
	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	28510150	shares
	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	4912000	shares
	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	15600	shares
	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	13.49
	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	14.64
	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	29.69
CY2008Q4	scco	Treasury Stock Shares Acquired Cumulative TreasuryStockSharesAcquiredCumulative	28510150	shares
CY2009Q3	scco	Treasury Stock Shares Acquired Cumulative TreasuryStockSharesAcquiredCumulative	33422150	shares
CY2010Q4	scco	Treasury Stock Shares Acquired Cumulative TreasuryStockSharesAcquiredCumulative	33437750	shares
	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	384700000	USD
	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	71900000	USD
	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	500000	USD
	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	9034400	shares
	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	30.29
CY2011Q4	scco	Treasury Stock Shares Acquired Cumulative TreasuryStockSharesAcquiredCumulative	42472150	shares
	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	273700000	USD
CY2012Q2	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	278486	shares
CY2012Q2	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	30.23
CY2012Q2	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	8400000	USD
CY2012Q2	scco	Treasury Stock Shares Acquired Cumulative TreasuryStockSharesAcquiredCumulative	42750636	shares
CY2012Q2	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	500000	shares
CY2012Q2	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	28.57
CY2012Q2	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	14300000	USD
CY2012Q2	scco	Treasury Stock Shares Acquired Cumulative TreasuryStockSharesAcquiredCumulative	43250636	shares
CY2012Q2	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	370000	shares
CY2012Q2	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	28.33
CY2012Q2	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	10500000	USD
CY2012Q2	scco	Treasury Stock Shares Acquired Cumulative TreasuryStockSharesAcquiredCumulative	43620636	shares
CY2012Q2	us-gaap	Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased	7493007	shares
CY2012Q2	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	1148486	shares
CY2012Q2	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	28.89
CY2012Q2	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	33200000	USD
	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	43620636	shares
	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	17.51
	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	764000000	USD
CY2012Q2	scco	Stock Repurchase Program Repurchase Price StockRepurchaseProgramRepurchasePrice	31.51
CY2012Q2	scco	Percentage Of Ownership By Parent PercentageOfOwnershipByParent	0.81	pure
CY2012Q2	us-gaap	Long Term Debt LongTermDebt	2741000000	USD
CY2012Q2	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	3091200000	USD
CY2011Q4	us-gaap	Long Term Debt LongTermDebt	2745700000	USD
CY2012Q2	us-gaap	Long Term Debt Current LongTermDebtCurrent	10000000	USD
CY2012Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	384853000	USD
CY2012Q2	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	80161000	USD
CY2012Q2	us-gaap	Deferred Tax Liabilities Current DeferredTaxLiabilitiesCurrent	39860000	USD
CY2012Q2	scco	Accrued Workers Participation AccruedWorkersParticipation	152746000	USD
CY2012Q2	us-gaap	Interest Payable Current InterestPayableCurrent	59130000	USD
CY2011Q4	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	2974900000	USD
CY2010Q4	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	1200000	USD
	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Net FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet	-1200000	USD
	dei	Entity Registrant Name EntityRegistrantName	SOUTHERN COPPER CORP/
	dei	Entity Central Index Key EntityCentralIndexKey	0001001838
	dei	Document Type DocumentType	10-Q
	dei	Document Period End Date DocumentPeriodEndDate	2012-06-30
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
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CY2012Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	848844400	shares
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2012
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CY2012Q2	us-gaap	Revenue Mineral Sales RevenueMineralSales	1659876000	USD
CY2011Q2	us-gaap	Revenue Mineral Sales RevenueMineralSales	1801498000	USD
	us-gaap	Revenue Mineral Sales RevenueMineralSales	3465812000	USD
	us-gaap	Revenue Mineral Sales RevenueMineralSales	3403517000	USD
CY2011Q2	us-gaap	Costs And Expenses CostsAndExpenses	802766000	USD
	us-gaap	Costs And Expenses CostsAndExpenses	1617293000	USD
	us-gaap	Costs And Expenses CostsAndExpenses	1642060000	USD
CY2011Q2	us-gaap	Interest Costs Incurred InterestCostsIncurred	48297000	USD
	us-gaap	Interest Costs Incurred InterestCostsIncurred	94584000	USD
	us-gaap	Interest Costs Incurred InterestCostsIncurred	95861000	USD
CY2012Q2	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	-3201000	USD
CY2011Q2	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	-1357000	USD
	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	-6062000	USD
	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	-2293000	USD
CY2012Q2	us-gaap	Trading Securities Unrealized Holding Gain Loss TradingSecuritiesUnrealizedHoldingGainLoss	-352000	USD
CY2011Q2	us-gaap	Investment Income Interest InvestmentIncomeInterest	3534000	USD
	us-gaap	Investment Income Interest InvestmentIncomeInterest	7410000	USD
	us-gaap	Investment Income Interest InvestmentIncomeInterest	6245000	USD
CY2012Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	853289000	USD
CY2011Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	962054000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	1792966000	USD
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CY2011Q2	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.55
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CY2012Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	185167000	USD
CY2012Q2	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	31627000	USD
CY2012Q2	us-gaap	Liabilities Current LiabilitiesCurrent	758377000	USD
CY2012Q2	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	2731040000	USD
CY2012Q2	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	129962000	USD
CY2012Q2	us-gaap	Liability For Uncertain Tax Positions Noncurrent LiabilityForUncertainTaxPositionsNoncurrent	66982000	USD
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CY2012Q2	us-gaap	Common Stock Value CommonStockValue	8846000	USD
CY2012Q2	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	1195969000	USD
CY2012Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	4130282000	USD
CY2012Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	7427000	USD
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CY2012Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	4576323000	USD
CY2012Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	8373095000	USD
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CY2012Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	849461000	shares
CY2012Q2	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	31817000	USD
CY2011Q2	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	21241000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	19308000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-16502000	USD
CY2012Q2	us-gaap	Increase Decrease In Accounts And Other Receivables IncreaseDecreaseInAccountsAndOtherReceivables	-4013000	USD
CY2012Q2	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	46718000	USD
CY2012Q2	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	63693000	USD
CY2011Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	857493000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	849720000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	858241000	shares
CY2012Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	849461000	shares
CY2011Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	857493000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	849720000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	858241000	shares
CY2011Q2	scco	Other Comprehensive Income Unrealized Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedLossOnDerivativesArisingDuringPeriodNetOfTax	18049000	USD
	scco	Other Comprehensive Income Unrealized Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedLossOnDerivativesArisingDuringPeriodNetOfTax	-5447000	USD
	scco	Other Comprehensive Income Unrealized Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedLossOnDerivativesArisingDuringPeriodNetOfTax	61829000	USD
CY2011Q2	us-gaap	Other Comprehensive Income Reclassification Adjustment On Derivatives Included In Net Income Net Of Tax OtherComprehensiveIncomeReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax	-5264000	USD
	us-gaap	Other Comprehensive Income Reclassification Adjustment On Derivatives Included In Net Income Net Of Tax OtherComprehensiveIncomeReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax	-27211000	USD
CY2011Q2	us-gaap	Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Period Increase Decrease OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease	23313000	USD
	us-gaap	Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Period Increase Decrease OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease	-5447000	USD
	us-gaap	Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Period Increase Decrease OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease	89040000	USD
CY2012Q2	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	565336000	USD
CY2011Q2	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	683432000	USD
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	1183451000	USD
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	1229306000	USD
CY2012Q2	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	1789000	USD
CY2011Q2	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	2155000	USD
	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	3964000	USD
	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	4104000	USD
CY2012Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	563547000	USD
CY2011Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	681277000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	1179487000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	1225202000	USD
CY2012Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1079371000	USD
CY2011Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1453841000	USD
CY2012Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	618601000	USD
CY2012Q2	us-gaap	Other Receivables OtherReceivables	201920000	USD
CY2012Q2	us-gaap	Deferred Tax Assets Net Current DeferredTaxAssetsNetCurrent	89874000	USD
CY2012Q2	us-gaap	Other Assets Current OtherAssetsCurrent	82563000	USD
CY2012Q2	us-gaap	Assets Current AssetsCurrent	3071652000	USD
CY2012Q2	scco	Intangible Assets Net Including Goodwill IntangibleAssetsNetIncludingGoodwill	109852000	USD
CY2012Q2	us-gaap	Deferred Tax Assets Net Noncurrent DeferredTaxAssetsNetNoncurrent	158027000	USD
CY2012Q2	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	7557000	USD
CY2012Q2	us-gaap	Foreign Currency Transaction Gain Loss Unrealized ForeignCurrencyTransactionGainLossUnrealized	14191000	USD
CY2011Q2	us-gaap	Foreign Currency Transaction Gain Loss Unrealized ForeignCurrencyTransactionGainLossUnrealized	2526000	USD
	us-gaap	Foreign Currency Transaction Gain Loss Unrealized ForeignCurrencyTransactionGainLossUnrealized	6660000	USD
	us-gaap	Foreign Currency Transaction Gain Loss Unrealized ForeignCurrencyTransactionGainLossUnrealized	-5653000	USD
CY2011Q2	us-gaap	Increase Decrease In Accounts And Other Receivables IncreaseDecreaseInAccountsAndOtherReceivables	206335000	USD
	us-gaap	Increase Decrease In Accounts And Other Receivables IncreaseDecreaseInAccountsAndOtherReceivables	-63060000	USD
	us-gaap	Increase Decrease In Accounts And Other Receivables IncreaseDecreaseInAccountsAndOtherReceivables	131961000	USD
CY2012Q2	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	44712000	USD
CY2011Q2	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-19554000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	32900000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	68448000	USD
CY2012Q2	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-199645000	USD
CY2011Q2	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-416958000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-234500000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-441212000	USD
CY2012Q2	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	7782000	USD
CY2011Q2	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-61131000	USD
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	18907000	USD
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-92858000	USD
CY2012Q2	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	377067000	USD
CY2011Q2	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	202714000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	1097474000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	717786000	USD
CY2012Q2	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	230303000	USD
CY2011Q2	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	110655000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	407720000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	183644000	USD
CY2012Q2	us-gaap	Payments To Acquire Short Term Investments PaymentsToAcquireShortTermInvestments	146495000	USD
CY2011Q2	us-gaap	Payments To Acquire Short Term Investments PaymentsToAcquireShortTermInvestments	4734000	USD
	us-gaap	Payments To Acquire Short Term Investments PaymentsToAcquireShortTermInvestments	-148199000	USD
	us-gaap	Payments To Acquire Short Term Investments PaymentsToAcquireShortTermInvestments	149363000	USD
CY2011Q2	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	4593000	USD
	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	15911000	USD
CY2012Q2	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	5182000	USD
CY2011Q2	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	8132000	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	5280000	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	8855000	USD
CY2012Q2	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-353416000	USD
CY2011Q2	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-111850000	USD
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	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-340063000	USD
CY2012Q2	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	5000000	USD
CY2011Q2	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	5000000	USD
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	5000000	USD
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	10250000	USD
CY2012Q2	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	450349000	USD
CY2011Q2	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	476000000	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	610160000	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	969004000	USD
CY2012Q2	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	1248000	USD
CY2011Q2	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	1412000	USD
CY2012Q2	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	33184000	USD
CY2011Q2	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	148068000	USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	33184000	USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	148068000	USD
CY2012Q2	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	451000	USD
CY2011Q2	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	714000	USD
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	604000	USD
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-504000	USD
CY2012Q2	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-489330000	USD
CY2011Q2	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-629766000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-649460000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-1131431000	USD
CY2012Q2	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations	26869000	USD
CY2011Q2	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations	19446000	USD
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations	19280000	USD
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations	14872000	USD
CY2012Q2	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	-438810000	USD
CY2011Q2	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	-519456000	USD
	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	231253000	USD
	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	-738836000	USD
CY2011Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	848118000	USD
CY2010Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2192677000	USD
CY2012Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1518181000	USD
CY2011Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1973297000	USD
	us-gaap	Nature Of Operations NatureOfOperations	<table style="font-size:10pt; font-family:'Times New Roman',times,serif;"> <tr> <td> <p style="MARGIN: 0in 0in 0pt"><b><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">NOTE 1 — DESCRIPTION OF THE BUSINESS:</font></b></p> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"> </font></p> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">In the opinion of Southern Copper Corporation, (the “Company” or “SCC”), the accompanying unaudited condensed consolidated financial statements contain all adjustments (consisting only of normal recurring adjustments) necessary to state fairly the Company’s financial position as of June 30, 2012 and the results of operations, comprehensive income and cash flows for the three and six months ended June 30, 2012 and 2011.  The results of operations for the three and six months ended June 30, 2012 and 2011 are not necessarily indicative of the results to be expected for the full year.  The December 31, 2011 balance sheet data was derived from audited financial statements, but does not include all disclosures required by generally accepted accounting principles in the United States of America (U.S. GAAP).  The accompanying condensed consolidated financial statements should be read in conjunction with the consolidated financial statements at December 31, 2011 and notes included in the Company’s 2011 annual report on Form 10-K.</font></p></td></tr></table>
CY2011Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	695104000	USD
CY2011Q4	us-gaap	Other Receivables OtherReceivables	188477000	USD
CY2011Q4	us-gaap	Deferred Tax Assets Net Current DeferredTaxAssetsNetCurrent	88797000	USD
CY2011Q4	us-gaap	Other Assets Current OtherAssetsCurrent	107156000	USD
CY2011Q4	us-gaap	Assets Current AssetsCurrent	3101503000	USD
CY2011Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	4419885000	USD
CY2011Q4	scco	Intangible Assets Net Including Goodwill IntangibleAssetsNetIncludingGoodwill	110436000	USD
CY2011Q4	us-gaap	Deferred Tax Assets Net Noncurrent DeferredTaxAssetsNetNoncurrent	145251000	USD
CY2011Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	162641000	USD
CY2011Q4	us-gaap	Assets Assets	8062701000	USD
CY2011Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	10000000	USD
CY2011Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	443132000	USD
CY2011Q4	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	182491000	USD
CY2011Q4	us-gaap	Deferred Tax Liabilities Current DeferredTaxLiabilitiesCurrent	39860000	USD
CY2011Q4	scco	Accrued Workers Participation AccruedWorkersParticipation	245139000	USD
CY2011Q4	us-gaap	Interest Payable Current InterestPayableCurrent	59906000	USD
CY2011Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	12349000	USD
CY2011Q4	us-gaap	Liabilities Current LiabilitiesCurrent	992877000	USD
CY2011Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	2735732000	USD
CY2011Q4	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	125191000	USD
CY2011Q4	us-gaap	Liability For Uncertain Tax Positions Noncurrent LiabilityForUncertainTaxPositionsNoncurrent	66982000	USD
CY2011Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	43665000	USD
CY2011Q4	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	61971000	USD
CY2011Q4	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	3033541000	USD
CY2011Q4	us-gaap	Common Stock Value CommonStockValue	8846000	USD
CY2011Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	1039382000	USD
CY2011Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	3852054000	USD
CY2011Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	12874000	USD
CY2011Q4	us-gaap	Treasury Stock Value TreasuryStockValue	897852000	USD
CY2011Q4	us-gaap	Stockholders Equity StockholdersEquity	4015304000	USD
CY2011Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	4036283000	USD
CY2011Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	8062701000	USD

Files In Submission

Name	View Source	Status
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0001104659-12-054018-index.html	Edgar Link	pending
0001104659-12-054018.txt	Edgar Link	pending
0001104659-12-054018-xbrl.zip	Edgar Link	pending
a12-13253_110q.htm	Edgar Link	pending
a12-13253_1ex15d0.htm	Edgar Link	pending
a12-13253_1ex31d1.htm	Edgar Link	pending
a12-13253_1ex31d2.htm	Edgar Link	pending
a12-13253_1ex32d1.htm	Edgar Link	pending
a12-13253_1ex32d2.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
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$SCCO
SOUTHERN COPPER CORP/ Stock $scco

2012 Q2 Form 10-Q Financial Statement

#000110465912054018 Filed on August 03, 2012

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SCCO SOUTHERN COPPER CORP/ Stock $scco

2012 Q2 Form 10-Q Financial Statement

#000110465912054018 Filed on August 03, 2012

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SCCO
SOUTHERN COPPER CORP/ Stock $scco