Sociedad Minera Cerro Verde SaaBVL: CVERDEC1

Sociedad Minera Cerro Verde: Q2 2024 net income soared on higher copper prices, with $300M in dividends approved

· Issued by Sociedad Minera Cerro Verde Saa

Net income surged to $316.3M in Q2 2024, driven by higher copper prices and improved margins, despite lower volumes and one-time labor costs. Liquidity and cash positions strengthened, with $300M in dividends approved for August.

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