Southern Copper Corp (SCC) increased its core earnings in the first quarter of 2018, with higher metals prices giving a positive boost to sales revenues despite a decline in copper production.
The company's adjusted earnings before interest, taxes, depreciation and amortization (Ebitda) totaled $939.4 million in January-March, against $722.3 million a year before, the miner said on Wednesday April 25. SCC's net sales came to $1.84 billion in the first quarter of 2018, up by 16.2% from the corresponding period of 2017, mostly due to higher...