$SCCO
SOUTHERN COPPER CORP/ Stock $scco

$scco Overview Financials Valuation SEC Filings Company Website

2014 Q3 Form 10-Q Financial Statement

#000110465914057009 Filed on August 05, 2014

Income Statement

Concept	2014 Q3	2014 Q2	2014 Q1
Revenue	$1.475B	$1.487B	$1.354B
YoY Change	6.51%	5.47%	-16.55%
Cost Of Revenue	$729.5M	$726.6M	$641.9M
YoY Change	9.97%	2.16%	-11.19%
Gross Profit	$745.1M	$760.8M	$712.5M
YoY Change	20.77%	25.88%	-11.57%
Gross Profit Margin	50.53%	51.15%	52.61%
Selling, General & Admin	$26.28M	$25.40M	$24.50M
YoY Change	9.03%	-7.48%	-3.45%
% of Gross Profit	3.53%	3.34%	3.44%
Research & Development	$20.60M	$22.10M	$14.60M
YoY Change	71.67%	88.89%	41.75%
% of Gross Profit	2.76%	2.9%	2.05%
Depreciation & Amortization	$113.9M	$116.1M	$110.5M
YoY Change	12.25%	24.14%	21.95%
% of Gross Profit	15.29%	15.26%	15.5%
Operating Expenses	$26.28M	$25.40M	$24.50M
YoY Change	9.03%	-7.48%	-3.45%
Operating Profit	$547.1M	$597.3M	$562.9M
YoY Change	-6.25%	5.45%	-27.27%
Interest Expense	-$30.80M	-$33.20M	-$36.00M
YoY Change	-29.52%	-28.6%	-23.57%
% of Operating Profit	-5.63%	-5.56%	-6.4%
Other Income/Expense, Net	-$22.52M	-$5.779M	-$4.206M
YoY Change	-1406.38%	-134.12%	-595.99%
Pretax Income	$493.8M	$558.3M	$522.7M
YoY Change	-8.82%	4.0%	-28.17%
Income Tax	$173.9M	$225.8M	$204.2M
% Of Pretax Income	35.23%	40.44%	39.06%
Net Earnings	$325.8M	$338.4M	$324.6M
YoY Change	-5.73%	-9.55%	-34.69%
Net Earnings / Revenue	22.09%	22.75%	23.97%
Basic Earnings Per Share
Diluted Earnings Per Share	$391.1K	$404.7K	$387.9K
COMMON SHARES
Basic Shares Outstanding	832.3M shares	833.4M shares	833.5M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2014 Q3	2014 Q2	2014 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$1.242B	$1.625B	$1.746B
YoY Change	-42.47%	-30.35%	-34.53%
Cash & Equivalents	$1.034B	$1.335B	$1.473B
Short-Term Investments	$208.0M	$290.0M	$273.0M
Other Short-Term Assets	$199.0M	$150.3M	$139.8M
YoY Change	-2.01%	-29.69%	-22.45%
Inventory	$750.0M	$754.6M	$749.9M
Prepaid Expenses
Receivables	$514.2M	$583.1M	$523.2M
Other Receivables	$84.00M	$66.00M	$85.00M
Total Short-Term Assets	$2.955B	$3.313B	$3.389B
YoY Change	-20.77%	-14.51%	-22.27%
LONG-TERM ASSETS
Property, Plant & Equipment	$7.190B	$6.934B	$6.686B
YoY Change	19.19%	23.02%	24.98%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$67.32M	$64.14M	$63.18M
YoY Change
Other Assets	$263.8M	$216.7M	$196.8M
YoY Change	-2.1%	-26.79%	-29.3%
Total Long-Term Assets	$8.582B	$8.195B	$7.875B
YoY Change	19.1%	20.89%	26.99%
TOTAL ASSETS
Total Short-Term Assets	$2.955B	$3.313B	$3.389B
Total Long-Term Assets	$8.582B	$8.195B	$7.875B
Total Assets	$11.54B	$11.51B	$11.26B
YoY Change	5.5%	8.01%	6.65%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$604.2M	$508.9M	$502.3M
YoY Change	32.26%	12.4%	-3.13%
Accrued Expenses	$335.0M	$225.0M	$303.0M
YoY Change	22.26%	8.7%	-15.13%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$200.0M	$200.0M
YoY Change	3900.0%	3900.0%
Total Short-Term Liabilities	$1.224B	$1.026B	$852.9M
YoY Change	66.31%	54.4%	-7.46%
LONG-TERM LIABILITIES
Long-Term Debt	$4.006B	$4.005B	$4.205B
YoY Change	-4.73%	-4.73%	0.03%
Other Long-Term Liabilities	$63.91M	$76.76M	$73.93M
YoY Change	-14.24%	13.84%	12.94%
Total Long-Term Liabilities	$4.433B	$4.505B	$4.678B
YoY Change	-7.45%	-5.46%	-1.97%
TOTAL LIABILITIES
Total Short-Term Liabilities	$1.224B	$1.026B	$852.9M
Total Long-Term Liabilities	$4.433B	$4.505B	$4.678B
Total Liabilities	$5.657B	$5.531B	$5.531B
YoY Change	2.38%	1.86%	-2.86%
SHAREHOLDERS EQUITY
Retained Earnings	$4.097B	$3.872B	$3.618B
YoY Change	32.61%	36.04%	36.92%
Common Stock	$3.357B	$3.359B	$3.356B
YoY Change	0.38%	0.52%	0.4%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$1.611B	$1.291B	$1.275B
YoY Change	52.69%	29.85%	36.96%
Treasury Stock Shares
Shareholders Equity	$5.849B	$5.947B	$5.705B
YoY Change
Total Liabilities & Shareholders Equity	$11.54B	$11.51B	$11.26B
YoY Change	5.5%	8.01%	4.53%

Cashflow Statement

Concept	2014 Q3	2014 Q2	2014 Q1
OPERATING ACTIVITIES
Net Income	$325.8M	$338.4M	$324.6M
YoY Change	-5.73%	-9.55%	-34.69%
Depreciation, Depletion And Amortization	$113.9M	$116.1M	$110.5M
YoY Change	12.25%	24.14%	21.95%
Cash From Operating Activities	$434.6M	$333.6M	$348.2M
YoY Change	-6.58%	10.32%	-41.43%
INVESTING ACTIVITIES
Capital Expenditures	$411.6M	$375.6M	$323.7M
YoY Change	-15.7%	-2.55%	2.19%
Acquisitions
YoY Change
Other Investing Activities	$81.90M	-$12.30M	-$64.40M
YoY Change	4034.28%	-93.35%	8.42%
Cash From Investing Activities	-$328.5M	-$372.4M	-$401.4M
YoY Change	-26.89%	-34.71%	6.7%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$323.4M	$13.03M	$52.48M
YoY Change	444.22%	-79.82%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-423.3M	-96.30M	-152.8M
YoY Change	163.9%	-59.64%	-24.77%
NET CHANGE
Cash From Operating Activities	434.6M	333.6M	348.2M
Cash From Investing Activities	-328.5M	-372.4M	-401.4M
Cash From Financing Activities	-423.3M	-96.30M	-152.8M
Net Change In Cash	-317.2M	-135.1M	-206.0M
YoY Change	119.52%	-73.33%	-1455.26%
FREE CASH FLOW
Cash From Operating Activities	$434.6M	$333.6M	$348.2M
Capital Expenditures	$411.6M	$375.6M	$323.7M
Free Cash Flow	$23.00M	-$42.04M	$24.47M
YoY Change	-199.77%	-49.39%	-91.19%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	us-gaap	Proceeds From Sale And Maturity Of Available For Sale Securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities	200000	USD
CY2014Q2	us-gaap	Trading Securities TradingSecurities	284400000	USD
CY2013Q4	us-gaap	Trading Securities TradingSecurities	202600000	USD
	scco	Trading Securities Weighted Average Interest Rate TradingSecuritiesWeightedAverageInterestRate	0.0180	pure
CY2013Q4	us-gaap	Available For Sale Securities Current AvailableForSaleSecuritiesCurrent	5700000	USD
	scco	Available For Sale Securities Weighted Average Interest Rate AvailableForSaleSecuritiesWeightedAverageInterestRate	0.0041	pure
CY2014Q2	us-gaap	Short Term Investments ShortTermInvestments	289883000	USD
CY2013Q4	us-gaap	Short Term Investments ShortTermInvestments	208268000	USD
CY2013Q2	us-gaap	Trading Securities Unrealized Holding Loss TradingSecuritiesUnrealizedHoldingLoss	-3400000	USD
	us-gaap	Trading Securities Unrealized Holding Loss TradingSecuritiesUnrealizedHoldingLoss	-1700000	USD
CY2013Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	84200000	USD
CY2013Q4	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	305400000	USD
CY2013Q4	us-gaap	Inventory Supplies Net Of Reserves InventorySuppliesNetOfReserves	304300000	USD
CY2013Q4	us-gaap	Inventory Net InventoryNet	693942000	USD
CY2013Q4	us-gaap	Inventory Ore Stockpiles On Leach Pads InventoryOreStockpilesOnLeachPads	395177000	USD
	scco	Inventory Ore Stockpiles On Leach Pads Capitalized Costs InventoryOreStockpilesOnLeachPadsCapitalizedCosts	142500000	USD
	scco	Inventory Ore Stockpiles On Leach Pads Recognized As Cost Of Sales InventoryOreStockpilesOnLeachPadsRecognizedAsCostOfSales	79500000	USD
CY2014Q2	us-gaap	Deferred Tax Assets Net Current DeferredTaxAssetsNetCurrent	133289000	USD
CY2014Q2	us-gaap	Cost Of Revenue CostOfRevenue	726589000	USD
CY2013Q2	us-gaap	Cost Of Revenue CostOfRevenue	711231000	USD
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.398	pure
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.322	pure
	scco	Effective Income Tax Rate Increase Decrease EffectiveIncomeTaxRateIncreaseDecrease	0.047	pure
	us-gaap	Federal Income Tax Expense Benefit Continuing Operations FederalIncomeTaxExpenseBenefitContinuingOperations	361600000	USD
	us-gaap	Interest And Dividend Income Securities Trading Or Measured At Fair Value InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue	2000000	USD
	us-gaap	Trading Securities Unrealized Holding Loss TradingSecuritiesUnrealizedHoldingLoss	-3400000	USD
CY2013Q2	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	400000	USD
CY2014Q2	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	98300000	USD
CY2014Q2	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	346900000	USD
CY2014Q2	us-gaap	Inventory Supplies Net Of Reserves InventorySuppliesNetOfReserves	309400000	USD
CY2014Q2	us-gaap	Inventory Net InventoryNet	754626000	USD
CY2014Q2	us-gaap	Inventory Ore Stockpiles On Leach Pads InventoryOreStockpilesOnLeachPads	495238000	USD
	scco	Inventory Ore Stockpiles On Leach Pads Capitalized Costs InventoryOreStockpilesOnLeachPadsCapitalizedCosts	181200000	USD
	scco	Inventory Ore Stockpiles On Leach Pads Recognized As Cost Of Sales InventoryOreStockpilesOnLeachPadsRecognizedAsCostOfSales	54600000	USD
	scco	Asset Retirement Obligation Period After Which Successive Reviews Are Required AssetRetirementObligationPeriodAfterWhichSuccessiveReviewsAreRequired	5
CY2014Q2	us-gaap	Property Plant And Equipment Fair Value Disclosure PropertyPlantAndEquipmentFairValueDisclosure	27800000	USD
CY2014Q2	scco	Asset Retirement Obligation Annual Guarantees AssetRetirementObligationAnnualGuarantees	14200000	USD
	scco	Asset Retirement Obligation Units Number AssetRetirementObligationUnitsNumber	3	item
CY2012Q4	scco	Asset Retirement Obligation Increase In Carrying Amount Of The Related Longlived Asset AssetRetirementObligationIncreaseInCarryingAmountOfTheRelatedLonglivedAsset	20300000	USD
CY2012	us-gaap	Asset Retirement Obligation Liabilities Incurred AssetRetirementObligationLiabilitiesIncurred	25100000	USD
CY2012Q4	us-gaap	Asset Retirement Obligation AssetRetirementObligation	122300000	USD
CY2013Q2	us-gaap	Asset Retirement Obligation AssetRetirementObligation	125600000	USD
	us-gaap	Asset Retirement Obligation Revision Of Estimate AssetRetirementObligationRevisionOfEstimate	26700000	USD
	us-gaap	Asset Retirement Obligation Liabilities Settled AssetRetirementObligationLiabilitiesSettled	3600000	USD
	us-gaap	Asset Retirement Obligation Liabilities Settled AssetRetirementObligationLiabilitiesSettled	900000	USD
	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	3600000	USD
CY2013Q4	us-gaap	Due From Related Parties Current DueFromRelatedPartiesCurrent	38062000	USD
CY2013Q4	us-gaap	Due To Related Parties Current DueToRelatedPartiesCurrent	28373000	USD
CY2014Q2	us-gaap	Due From Related Parties Current DueFromRelatedPartiesCurrent	10832000	USD
CY2014Q2	us-gaap	Due To Related Parties Current DueToRelatedPartiesCurrent	24994000	USD
	scco	Defined Benefit Plan Number Of Expatriate Noncontributory Plans DefinedBenefitPlanNumberOfExpatriateNoncontributoryPlans	2	plan
	us-gaap	Environmental Costs Recognized Capitalized In Period EnvironmentalCostsRecognizedCapitalizedInPeriod	65300000	USD
	us-gaap	Environmental Costs Recognized Capitalized In Period EnvironmentalCostsRecognizedCapitalizedInPeriod	53600000	USD
CY2013Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	5636400000	USD
CY2013Q2	us-gaap	Assets Assets	10654300000	USD
	us-gaap	Property Plant And Equipment Additions PropertyPlantAndEquipmentAdditions	699400000	USD
CY2014Q2	us-gaap	Revenues Revenues	1487400000	USD
CY2013Q2	us-gaap	Revenues Revenues	1410200000	USD
	us-gaap	Revenues Revenues	3033200000	USD
	us-gaap	Cost Of Revenue CostOfRevenue	1368483000	USD
	us-gaap	Cost Of Revenue CostOfRevenue	1433980000	USD
CY2014Q2	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	25398000	USD
CY2013Q2	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	27452000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	49896000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	52826000	USD
CY2014Q2	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	116091000	USD
CY2013Q2	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	93516000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	226544000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	184088000	USD
CY2014Q2	us-gaap	Exploration Expense Mining ExplorationExpenseMining	22068000	USD
CY2014Q2	us-gaap	Income Loss From Equity Method Investments Net Of Dividends Or Distributions IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions	3583000	USD
CY2013Q2	us-gaap	Exploration Expense Mining ExplorationExpenseMining	11651000	USD
	us-gaap	Exploration Expense Mining ExplorationExpenseMining	36679000	USD
	us-gaap	Exploration Expense Mining ExplorationExpenseMining	21975000	USD
CY2014Q2	us-gaap	Costs And Expenses CostsAndExpenses	890146000	USD
CY2013Q2	us-gaap	Costs And Expenses CostsAndExpenses	843850000	USD
	us-gaap	Costs And Expenses CostsAndExpenses	1681602000	USD
	us-gaap	Costs And Expenses CostsAndExpenses	1692869000	USD
CY2014Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	597266000	USD
CY2013Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	566373000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	1160193000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	1340356000	USD
CY2014Q2	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-33200000	USD
CY2014Q2	us-gaap	Interest Costs Incurred InterestCostsIncurred	66075000	USD
CY2013Q2	us-gaap	Interest Costs Incurred InterestCostsIncurred	66487000	USD
	us-gaap	Interest Costs Incurred InterestCostsIncurred	131215000	USD
	us-gaap	Interest Costs Incurred InterestCostsIncurred	131777000	USD
CY2014Q2	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	-29162000	USD
CY2013Q2	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-46500000	USD
CY2013Q2	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	-15707000	USD
	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	-53765000	USD
	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	-27946000	USD
CY2014Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-5779000	USD
CY2013Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	16935000	USD
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-69300000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-9985000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	17783000	USD
CY2014Q2	us-gaap	Investment Income Interest InvestmentIncomeInterest	3715000	USD
CY2013Q2	us-gaap	Investment Income Interest InvestmentIncomeInterest	4306000	USD
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-93500000	USD
	us-gaap	Investment Income Interest InvestmentIncomeInterest	8252000	USD
	us-gaap	Investment Income Interest InvestmentIncomeInterest	10275000	USD
CY2014Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	558289000	USD
CY2013Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	536834000	USD
CY2014Q2	us-gaap	Property Plant And Equipment Additions PropertyPlantAndEquipmentAdditions	375600000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	1081010000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	1264583000	USD
CY2014Q2	us-gaap	Assets Assets	11507932000	USD
CY2013Q2	us-gaap	Property Plant And Equipment Additions PropertyPlantAndEquipmentAdditions	385500000	USD
	us-gaap	Property Plant And Equipment Additions PropertyPlantAndEquipmentAdditions	702300000	USD
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	3	segment
CY2014Q2	us-gaap	Treasury Stock Value TreasuryStockValue	1290684000	USD
CY2013Q2	us-gaap	Treasury Stock Value TreasuryStockValue	994000000	USD
CY2011Q3	us-gaap	Stock Repurchase Program Authorized Amount StockRepurchaseProgramAuthorizedAmount	1000000000	USD
CY2013Q4	us-gaap	Stock Repurchase Program Authorized Amount StockRepurchaseProgramAuthorizedAmount	2000000000	USD
CY2008	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	13.49
CY2008Q4	scco	Treasury Stock Shares Acquired Cumulative TreasuryStockSharesAcquiredCumulative	28510150	shares
CY2009Q4	scco	Treasury Stock Shares Acquired Cumulative TreasuryStockSharesAcquiredCumulative	33422150	shares
CY2010Q4	scco	Treasury Stock Shares Acquired Cumulative TreasuryStockSharesAcquiredCumulative	33437750	shares
CY2011Q4	scco	Treasury Stock Shares Acquired Cumulative TreasuryStockSharesAcquiredCumulative	42472150	shares
CY2014Q2	us-gaap	Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased	25518495	shares
CY2014Q2	scco	Stock Repurchase Program Repurchase Price StockRepurchaseProgramRepurchasePrice	30.37
CY2008	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	384700000	USD
CY2009	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	71900000	USD
CY2010	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	500000	USD
CY2011	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	273700000	USD
CY2012	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	147300000	USD
CY2013	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	281400000	USD
CY2014Q2	us-gaap	Minority Interest Ownership Percentage By Parent MinorityInterestOwnershipPercentageByParent	0.825	pure
CY2013Q2	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	189000	USD
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	376000	USD
CY2014Q2	us-gaap	Minority Interest MinorityInterest	29972000	USD
CY2013Q2	us-gaap	Minority Interest MinorityInterest	26000000	USD
CY2012Q4	us-gaap	Minority Interest MinorityInterest	24000000	USD
CY2013Q4	us-gaap	Minority Interest MinorityInterest	28158000	USD
	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	499000	USD
	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	866000	USD
	scco	Noncontrolling Interest Increase Decrease Other NoncontrollingInterestIncreaseDecreaseOther	100000	USD
	dei	Entity Registrant Name EntityRegistrantName	SOUTHERN COPPER CORP/
	dei	Entity Central Index Key EntityCentralIndexKey	0001001838
	dei	Document Type DocumentType	10-Q
CY2014Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	5976854000	USD
	dei	Document Period End Date DocumentPeriodEndDate	2014-06-30
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2014
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
CY2014Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	832280423	shares
CY2014Q2	us-gaap	Long Term Debt LongTermDebt	4205500000	USD
CY2013Q4	us-gaap	Long Term Debt LongTermDebt	4204900000	USD
CY2014Q2	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	4495300000	USD
CY2013Q4	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	4088800000	USD
CY2013Q2	us-gaap	Revenue Mineral Sales RevenueMineralSales	1410223000	USD
	us-gaap	Revenue Mineral Sales RevenueMineralSales	2841795000	USD
	scco	Income Loss From Continuing Operations After Income Taxes And Before Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsAfterIncomeTaxesAndBeforeIncomeLossFromEquityMethodInvestments	857834000	USD
	us-gaap	Revenue Mineral Sales RevenueMineralSales	3033225000	USD
CY2014Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	225769000	USD
CY2013Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	167870000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	429931000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	406749000	USD
CY2014Q2	scco	Income Loss From Continuing Operations After Income Taxes And Before Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsAfterIncomeTaxesAndBeforeIncomeLossFromEquityMethodInvestments	332520000	USD
CY2013Q2	scco	Income Loss From Continuing Operations After Income Taxes And Before Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsAfterIncomeTaxesAndBeforeIncomeLossFromEquityMethodInvestments	368964000	USD
	scco	Income Loss From Continuing Operations After Income Taxes And Before Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsAfterIncomeTaxesAndBeforeIncomeLossFromEquityMethodInvestments	651079000	USD
CY2014Q2	us-gaap	Equity Method Investment Summarized Financial Information Net Income Loss EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss	5861000	USD
CY2013Q2	us-gaap	Equity Method Investment Summarized Financial Information Net Income Loss EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss	5141000	USD
	us-gaap	Equity Method Investment Summarized Financial Information Net Income Loss EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss	11899000	USD
	us-gaap	Equity Method Investment Summarized Financial Information Net Income Loss EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss	13304000	USD
CY2014Q2	us-gaap	Profit Loss ProfitLoss	338381000	USD
CY2013Q2	us-gaap	Profit Loss ProfitLoss	374105000	USD
	us-gaap	Profit Loss ProfitLoss	662978000	USD
	us-gaap	Profit Loss ProfitLoss	871138000	USD
CY2014Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	1129000	USD
CY2013Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	1368000	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	2337000	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	3009000	USD
CY2014Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	337252000	USD
CY2013Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	372737000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	660641000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	868129000	USD
CY2014Q2	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.40
CY2013Q2	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.44
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.79
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	1.03
CY2014Q2	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.10
CY2013Q2	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.20
	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.22
	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.44
CY2014Q2	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	833391000	shares
CY2013Q2	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	844986000	shares
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	833590000	shares
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	845267000	shares
CY2014Q2	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	338316000	USD
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	662761000	USD
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	870762000	USD
CY2014Q2	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	1129000	USD
	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	2337000	USD
	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	3009000	USD
CY2014Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	337187000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	660424000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	867753000	USD
CY2014Q2	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	65000	USD
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	217000	USD
CY2014Q2	us-gaap	Long Term Debt Current LongTermDebtCurrent	200000000	USD
CY2013Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax	126000	USD
	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax	251000	USD
	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax	145000	USD
CY2014Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax	43000	USD
CY2013Q2	us-gaap	Income Loss From Equity Method Investments Net Of Dividends Or Distributions IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions	-2654000	USD
	us-gaap	Income Loss From Equity Method Investments Net Of Dividends Or Distributions IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions	6997000	USD
	us-gaap	Income Loss From Equity Method Investments Net Of Dividends Or Distributions IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions	5509000	USD
CY2013Q2	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	373916000	USD
CY2013Q2	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	1368000	USD
CY2013Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	372548000	USD
	us-gaap	Increase Decrease In Accounts And Other Receivables IncreaseDecreaseInAccountsAndOtherReceivables	49917000	USD
CY2013Q2	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-252402000	USD
CY2013Q2	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	5000000	USD
CY2014Q2	us-gaap	Foreign Currency Transaction Gain Loss Unrealized ForeignCurrencyTransactionGainLossUnrealized	119000	USD
CY2013Q2	us-gaap	Foreign Currency Transaction Gain Loss Unrealized ForeignCurrencyTransactionGainLossUnrealized	2831000	USD
	us-gaap	Foreign Currency Transaction Gain Loss Unrealized ForeignCurrencyTransactionGainLossUnrealized	5807000	USD
	us-gaap	Foreign Currency Transaction Gain Loss Unrealized ForeignCurrencyTransactionGainLossUnrealized	-11063000	USD
CY2014Q2	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	27498000	USD
CY2013Q2	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	16426000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-56822000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	10681000	USD
CY2014Q2	us-gaap	Increase Decrease In Accounts And Other Receivables IncreaseDecreaseInAccountsAndOtherReceivables	39843000	USD
CY2013Q2	us-gaap	Increase Decrease In Accounts And Other Receivables IncreaseDecreaseInAccountsAndOtherReceivables	-101299000	USD
	us-gaap	Increase Decrease In Accounts And Other Receivables IncreaseDecreaseInAccountsAndOtherReceivables	-180963000	USD
CY2014Q2	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	58684000	USD
CY2013Q2	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	32512000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	160745000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	63627000	USD
CY2014Q2	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-27234000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	42079000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-187892000	USD
CY2014Q2	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	3738000	USD
CY2013Q2	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-2184000	USD
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-32216000	USD
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	103994000	USD
CY2014Q2	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	348769000	USD
CY2013Q2	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	302439000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	683529000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	896911000	USD
CY2014Q2	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	375635000	USD
CY2013Q2	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	385454000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	699361000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	702252000	USD
CY2014Q2	us-gaap	Payments For Proceeds From Short Term Investments PaymentsForProceedsFromShortTermInvestments	16873000	USD
CY2013Q2	us-gaap	Payments For Proceeds From Short Term Investments PaymentsForProceedsFromShortTermInvestments	188445000	USD
	us-gaap	Payments For Proceeds From Short Term Investments PaymentsForProceedsFromShortTermInvestments	81615000	USD
	us-gaap	Payments For Proceeds From Short Term Investments PaymentsForProceedsFromShortTermInvestments	258635000	USD
CY2013Q2	us-gaap	Proceeds From Collection Of Longterm Loans To Related Parties ProceedsFromCollectionOfLongtermLoansToRelatedParties	2679000	USD
	us-gaap	Proceeds From Collection Of Longterm Loans To Related Parties ProceedsFromCollectionOfLongtermLoansToRelatedParties	13252000	USD
CY2014Q2	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	4587000	USD
CY2013Q2	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	803000	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	4881000	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	1027000	USD
CY2014Q2	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-387921000	USD
CY2013Q2	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-570417000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-776095000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-946608000	USD
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	5000000	USD
CY2014Q2	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	83346000	USD
CY2013Q2	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	169102000	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	183372000	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	372034000	USD
CY2014Q2	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	197000	USD
CY2013Q2	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	394000	USD
CY2014Q2	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	13030000	USD
CY2013Q2	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	64560000	USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	65509000	USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	64560000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-441670000	USD
CY2014Q2	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations	-2540000	USD
CY2013Q2	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations	-16166000	USD
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations	3814000	USD
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations	-28439000	USD
CY2014Q2	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	-137737000	USD
CY2013Q2	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	-522668000	USD
CY2014Q2	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	528000	USD
CY2013Q2	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	532000	USD
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	801000	USD
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	790000	USD
CY2014Q2	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-96045000	USD
CY2013Q2	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-238524000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-248579000	USD
	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	-337331000	USD
	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	-519806000	USD
CY2014Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1473101000	USD
CY2014Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1335364000	USD
CY2013Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2462350000	USD
CY2013Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1939682000	USD
CY2013Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1672695000	USD
CY2012Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2459488000	USD
CY2014Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	583143000	USD
CY2013Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	533226000	USD
CY2014Q2	us-gaap	Other Receivables OtherReceivables	66065000	USD
CY2013Q4	us-gaap	Other Receivables OtherReceivables	64552000	USD
CY2013Q4	us-gaap	Deferred Tax Assets Net Current DeferredTaxAssetsNetCurrent	84377000	USD
CY2014Q2	us-gaap	Other Assets Current OtherAssetsCurrent	150282000	USD
CY2013Q4	us-gaap	Other Assets Current OtherAssetsCurrent	158990000	USD
CY2014Q2	us-gaap	Assets Current AssetsCurrent	3312652000	USD
CY2013Q4	us-gaap	Assets Current AssetsCurrent	3416050000	USD
CY2013Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	6476168000	USD
CY2014Q2	us-gaap	Intangible Assets Net Including Goodwill IntangibleAssetsNetIncludingGoodwill	110473000	USD
CY2013Q4	us-gaap	Intangible Assets Net Including Goodwill IntangibleAssetsNetIncludingGoodwill	110219000	USD
CY2014Q2	us-gaap	Due From Related Parties Noncurrent DueFromRelatedPartiesNoncurrent	161244000	USD
CY2013Q4	us-gaap	Due From Related Parties Noncurrent DueFromRelatedPartiesNoncurrent	161244000	USD
CY2014Q2	us-gaap	Deferred Tax Assets Net Noncurrent DeferredTaxAssetsNetNoncurrent	213776000	USD
CY2013Q4	us-gaap	Deferred Tax Assets Net Noncurrent DeferredTaxAssetsNetNoncurrent	180707000	USD
CY2014Q2	us-gaap	Equity Method Investments EquityMethodInvestments	64140000	USD
CY2013Q4	us-gaap	Equity Method Investments EquityMethodInvestments	57142000	USD
CY2014Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	216690000	USD
CY2013Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	199322000	USD
CY2013Q4	us-gaap	Assets Assets	10996029000	USD
CY2014Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	508898000	USD
CY2013Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	493263000	USD
CY2014Q2	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	91789000	USD
CY2014Q2	scco	Accrued Workers Participation AccruedWorkersParticipation	120854000	USD
CY2013Q4	scco	Accrued Workers Participation AccruedWorkersParticipation	192371000	USD
CY2014Q2	us-gaap	Interest Payable Current InterestPayableCurrent	69772000	USD
CY2013Q4	us-gaap	Interest Payable Current InterestPayableCurrent	70787000	USD
CY2014Q2	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	34285000	USD
CY2013Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	19689000	USD
CY2014Q2	us-gaap	Liabilities Current LiabilitiesCurrent	1025598000	USD
CY2013Q4	us-gaap	Liabilities Current LiabilitiesCurrent	783584000	USD
CY2014Q2	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	4005467000	USD
CY2013Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	4204915000	USD
CY2014Q2	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	271756000	USD
CY2013Q4	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	244875000	USD
CY2014Q2	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	76760000	USD
CY2013Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	76000000	USD
CY2014Q2	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	151497000	USD
CY2013Q4	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	124835000	USD
CY2014Q2	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	4505480000	USD
CY2013Q4	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	4650625000	USD
CY2013Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2014Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2014Q2	us-gaap	Common Stock Value CommonStockValue	8846000	USD
CY2013Q4	us-gaap	Common Stock Value CommonStockValue	8846000	USD
CY2014Q2	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	3350602000	USD
CY2013Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	3340349000	USD
CY2014Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	3872096000	USD
CY2013Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	3394827000	USD
CY2014Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	6022000	USD
CY2013Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	6239000	USD
CY2013Q4	us-gaap	Treasury Stock Value TreasuryStockValue	1216599000	USD
CY2014Q2	us-gaap	Stockholders Equity StockholdersEquity	5946882000	USD
CY2013Q4	us-gaap	Stockholders Equity StockholdersEquity	5533662000	USD
CY2013Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	5561820000	USD
CY2014Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	11507932000	USD
CY2013Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	10996029000	USD
	us-gaap	Nature Of Operations NatureOfOperations	<div style="font-size:10.0pt;font-family:Times New Roman;"> <p style="MARGIN: 0in 0in 0pt;"><b><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold;" size="2">NOTE 1 — DESCRIPTION OF THE BUSINESS:</font></b></p> <p style="MARGIN: 0in 0in 0pt;"> </p> <p style="MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">The Company is a majority-owned, indirect subsidiary of Grupo Mexico S.A.B. de C.V. (“Grupo Mexico”).  At June 30, 2014, Grupo Mexico through its wholly-owned subsidiary Americas Mining Corporation (“AMC”) owned 82.5% of the Company’s capital stock.  The condensed consolidated financial statements presented herein consist of the accounts of Southern Copper Corporation (“SCC” or the “Company”), a Delaware corporation, and its subsidiaries.  The Company is an integrated producer of copper and other minerals, and operates mining, smelting and refining facilities in Peru and Mexico.  The Company conducts its primary operations in Peru through a registered branch (the “Peruvian Branch” or “Branch” or “SPCC Peru Branch”).  The Peruvian Branch is not a corporation separate from the Company.  The Company’s Mexican operations are conducted through subsidiaries. The Company also conducts exploration activities in Argentina, Chile, Ecuador, Mexico and Peru.</font></p> <p style="MARGIN: 0in 0in 0pt;"> </p> <p style="MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" 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, 2014 and the results of operations, comprehensive income and cash flows for the three and six months ended June 30, 2014 and 2013.  The results of operations for the three and six months ended June 30, 2014 and 2013 are not necessarily indicative of the results to be expected for the full year.  The December 31, 2013 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, 2013 and notes included in the Company’s 2013 annual report on Form 10-K.</font></p> <p style="MARGIN: 0in 0in 0pt;"> </p> </div>
	us-gaap	Federal Income Tax Expense Benefit Continuing Operations FederalIncomeTaxExpenseBenefitContinuingOperations	380700000	USD
CY2013Q4	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	7474000	USD

Files In Submission

Name	View Source	Status
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a14-14049_1ex31d2.htm	Edgar Link	pending
a14-14049_1ex32d1.htm	Edgar Link	pending
a14-14049_1ex32d2.htm	Edgar Link	pending
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$SCCO
SOUTHERN COPPER CORP/ Stock $scco

2014 Q3 Form 10-Q Financial Statement

#000110465914057009 Filed on August 05, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SCCO SOUTHERN COPPER CORP/ Stock $scco

2014 Q3 Form 10-Q Financial Statement

#000110465914057009 Filed on August 05, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SCCO
SOUTHERN COPPER CORP/ Stock $scco