SCCO 10-K Annual Report Dec. 31, 2024 | Alphaminr
SOUTHERN COPPER CORP/

SCCO 10-K Fiscal year ended Dec. 31, 2024

SOUTHERN COPPER CORP/
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TABLE OF CONTENTS
Part IprintItem 1. BusinessprintItem 1A. Risk FactorsprintItem 1B. Unresolved Staff CommentsprintItem 1C. CybersecurityprintItem 2. PropertiesprintItem 3. Legal ProceedingsprintItem 4. Mine Safety DisclosureprintPart IIprintItem 5. Market For Registrant S Common Equity, Related Stockholder Matters and Issuer Purchases Of Equity SecuritiesprintItem 7. Management S Discussion and Analysis Of Financial Condition and Results Of OperationsprintItem 7. Management S DiscussionprintItem 7A. Quantitative and Qualitative Disclosures About Market RiskprintItem 8. Financial Statements and Supplemental DataprintNote 1 Description Of The Business:printNote 2 Summary Of Significant Accounting Policies:printNote 3 Short-term Investments:printNote 4 Inventories:printNote 5 Property:printNote 6 Intangible Assets:printNote 7 Income Taxes:printNote 8 Workers Participation:printNote 9 Leases:printNote 10 Asset Retirement Obligation:printNote 11 Financing:printNote 12 Benefit Plans:printNote 13 Commitments and Contingencies:printNote 14 Stockholders EquityprintNote 15 Derivative Instruments:printNote 16 Fair Value Measurement:printNote 17 Concentration Of Risk:printNote 18 Related Party Transactions:printNote 19 Segment and Related Information:printNote 20 Subsequent Events:printItem 9. Changes in and Disagreements with Accountant on Accounting and Financial DisclosureprintItem 9. Changes in and Disagreements with Accountant on Accounting and FinancialprintItem 9A. Controls and ProceduresprintItem 9B. Other InformationprintItem 9C. Disclosure Regarding Foreign Jurisdictions That Prevent InspectionsprintPart IIIprintItem 10, 11, 12, 13 and 14printPart IVprintItem 15. Exhibits, Financial Statements, Scheduleprint

Exhibits

3.1 (a)Amended and Restated Certificate of Incorporation, filed on October11, 2005. (Filed as Exhibit3.1 to the Companys Quarterly Report on Form10-Q for the third quarter of 2005 and incorporated herein by reference). (b)Certificate of Amendment of Amended and Restated Certificate of Incorporation dated May2, 2006. (Filed as Exhibit3.1 to Registration Statement on FormS-4, File No.333-135170, filed on June20, 2006 and incorporated herein by reference). (c)Certificate of Amendment of Amended and Restated Certificate of Incorporation dated May28, 2008. (Filed as Exhibit3.1 to the Companys Quarterly Report on Form10-Q for the second quarter of 2008 and incorporated herein by reference). 3.2 By-Laws, as last amended on January 27, 2022. (Filed as Exhibit3.2 to the Companys Form 8-K filed on January 31, 2022 and incorporated herein by reference). 4.1 (a)Indenture governing $600million 7.500% Notesdue 2035, by and among Southern Copper Corporation, The Bank of New York and The Bank of New York (Luxembourg)S.A. (Filed as Exhibit4.2 to the Companys Current Report on Form8-K filed on August1, 2005 and incorporated herein by reference). (b)Indenture governing $400million 7.500% Notesdue 2035, by and among Southern Copper Corporation, The Bank of New York, and The Bank of New York (Luxembourg)S.A. (Filed as Exhibit4.2 to the Companys Current Report on Form8-K filed on August1, 2005 and incorporated herein by reference). 4.2 Formof 6.375% Note(Filed as Exhibit4.1 to the Companys Current Report on Form 8-K filed on August 1, 2005 and incorporated herein by reference). 4.3 Formof New 7.500% Note(included in Exhibit4.1(a)). 4.4 Formof New 7.500% Note(included in Exhibit4.1(b)) 4.5 Indenture, dated as of April16, 2010, between Southern Copper Corporation and Wells Fargo Bank, National Association, as trustee, pursuant to which $1.1billion of 6.750% Notesdue 2040 were issued. (Filed as Exhibit4.1 to the Companys Current Report on Form8-K filed on April19, 2010 and incorporated herein by reference). 4.6 Second Supplemental Indenture, dated as of April16, 2010, between Southern Copper Corporation and Wells Fargo Bank, National Association, as trustee, pursuant to which the 6.750% Notesdue 2040 were issued. (Filed as an Exhibitto the Companys Current Report on Form8-K filed on April19, 2010 and incorporated herein by reference). 4.7 Formof 6.750% Notesdue 2040. (Filed as an Exhibitto the Companys Current Report on Form8-K filed on April19, 2010 and incorporated herein by reference). 4.8 Fourth Supplemental Indenture, dated as of November8, 2012, between Southern Copper Corporation and Wells Fargo Bank, National Association, as trustee, pursuant to which the 5.250% Notesdue 2042 were issued. (Filed as an Exhibitto the Companys Current Report on Form8-K filed on November9, 2012 and incorporated herein by reference). 4.9 Formof 5.250% Notesdue 2042. (Filed as an Exhibitto the Companys Current Report on Form8-K filed on November9, 2012 and incorporated herein by reference). 4.10 Fifth Supplemental Indenture dated as of April23, 2015, between Southern Copper Corporation and Wells Fargo Bank, National Association, as trustee, pursuant to which the 3.875% Notesdue 2025 were issued. (Filed as an Exhibitto the Companys Current Report on Form8-K filed on April24, 2015 and incorporated herein by reference). 4.11 Sixth Supplemental Indenture, dated as of April23, 2015, between Southern Copper Corporation and Wells Fargo Bank, National Association, as trustee, pursuant to which the 5.875% Notesdue 2045 were issued. (Filed as an Exhibitto the Companys Current Report on Form8-K filed on April24, 2015 and incorporated herein by reference). 4.12 Formof 3.875% Notesdue 2025. (Filed as ExhibitA to Exhibit4.1 to the Companys Current Report on Form8-K filed on April24, 2015 and incorporated herein by reference). 4.13 Formof 5.875% Notesdue 2045. (Filed as ExhibitA to Exhibit4.2 to the Companys Current Report on Form8-K filed on April24, 2015 and incorporated herein by reference). 4.14 Description of the Companys securities registered pursuant to Section 12 of the Securities Exchange Act of 1934, as amended (Filed herewith). 10.1 Directors Stock Award Plan of the Company, as amended through January 27, 2028. (Filed as an exhibit to the Companys Report on Form S-8 filed on January 27, 2023 and incorporated herein by reference). The plan expired by its terms on January28, 2023. A 5-year extension of the plan was approved by the Companys stockholders at the 2022 Annual Meeting of Stockholders. 10.2 Agreement and Plan of Merger, dated as of October21, 2004, by and among Southern Copper Corporation, SCC Merger Sub,Inc., Americas Sales Company,Inc., Americas Mining Corporation and Minera MexicoS.A. de C.V. (Filed as an Exhibitto Current Report on Form8-K filed on October22, 2004 and incorporated herein by reference). 10.3 Tax Agreement entered into by the Company and Americas Mining Corporation, effective as of February20, 2017. (Filed as Exhibit10.4 to the Companys Quarterly Report on Form10-Q for the first quarter of 2017 and incorporated herein by reference). 14.0 Code of Business Conduct and Ethics adopted by the Board of Directors on May 8, 2003 and amended on October 20,2023. (Filed as Exhibit 14.1 to the Companys Report on Form 8-K filed October 25,2023 and incorporated herein by reference). 19.1 Securities Law Compliance Policy (Filed herewith). 21.1 Subsidiaries of the Company (Filed herewith). 23.1 Consent of Registered Public Accounting Firm (Galaz, Yamazaki, Ruiz Urquiza, S.C.Member of Deloitte Touche Tohmatsu, Limited) (PCAOB ID 1153) (Filed herewith). 23.2 Consent of Qualified Persons for Technical Report Summary of Mineral Reserves and Mineral Resources for the Cuajone Mine (Filed herewith). 23.3 Consent of Qualified Persons for Technical Report Summary of Mineral Reserves and Mineral Resources for the Toquepala Mine (Filed herewith). 23.4 Consent of Qualified Persons for Technical Report Summary of Mineral Reserves and Mineral Resources for the Tia Maria Project (Filed herewith). 23.5 Consent of Qualified Persons for Technical Report Summary of Mineral Resources for the Los Chancas Project (Filed herewith). 23.6 Consent of Qualified Persons for Technical Report Summary of Mineral Resources for the Michiquillay Project (Filed herewith). 23.7 Consent of Qualified Persons for Technical Report Summary of Mineral Reserves and Mineral Resources for Buenavista del Cobre (Filed herewith). 23.8 Consent of Qualified Persons for Technical Report Summary of Mineral Reserves and Mineral Resources for La Caridad and Pilares (Filed herewith). 23.9 Consent of Qualified Persons for Technical Report Summary of Mineral Reserves and Mineral Resources for the El Pilar Project (Filed herewith). 23.10 Consent of Qualified Persons for Technical Report Summary of Mineral Reserves and Mineral Resources for the El Arco Project (Filed herewith). 23.11 Consent of Qualified Persons for Technical Report Summary of Mineral Resources for the Charcas Mine (Filed herewith). 23.12 Consent of Qualified Persons for Technical Report Summary of Mineral Resources for the Santa Barbara Mine (Filed herewith). 23.13 Consent of Qualified Persons for Technical Report Summary of Mineral Resources for the San Martin Mine (Filed herewith). 31.1 Certification Pursuant to Section302 of the Sarbanes-Oxley Act of 2002 (Filed herewith). 31.2 Certification Pursuant to Section302 of the Sarbanes-Oxley Act of 2002 (Filed herewith). 32.1 Certification Pursuant to Section906 of the Sarbanes-Oxley Act of 2002, 18U.S.C., section1350. This document is being furnished in accordance with SEC Release No.33-8238. 32.2 Certification Pursuant to Section906 of the Sarbanes-Oxley Act of 2002, 18U.S.C., section1350. This document is being furnished in accordance with SEC Release No.33-8238. 97 SCC Policy for the Recovery of Erroneous Compensation, effective as of November 30, 2023 (Filed as Exhibit 97 to the Company's Annual Report on Form 10-K filed on February 29, 2024, and incorporated herein by reference).