Cerro Verde First-Half Net Income Hits US$501.5 Million
Peru Business Cerro Verde First-Half Net Income Hits US$501.5 Million By Javier Mendoza · July 25, 2026 · 5 min read Daily Brief The morning intel from across Latin America. Cerro Verde first half results for 2026 show Sociedad Minera Cerro Verde, the giant Peruvian copper mine controlled by U.S.-based Freeport-McMoRan, generated a net income of US$501.5 million. The strong earnings, reported in late July, were fueled by a favorable realized copper price of US$6.55 per pound, which offset a slight decline in production volumes.
- ▪Peru Business Cerro Verde First-Half Net Income Hits US$501.5 Million By Javier Mendoza · July 25, 2026 · 5 min read Daily Brief The morning intel from across Latin America.
- ▪Cerro Verde first half results for 2026 show Sociedad Minera Cerro Verde, the giant Peruvian copper mine controlled by U.S.-based Freeport-McMoRan, generated a net income of US$501.5 million.
- ▪The strong earnings, reported in late July, were fueled by a favorable realized copper price of US$6.55 per pound, which offset a slight decline in production volumes.
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Peru Business Cerro Verde First-Half Net Income Hits US$501.5 Million By Javier Mendoza · July 25, 2026 · 5 min read Daily Brief The morning intel from across Latin America. Free. Subscribe By subscribing you agree to our privacy policy. We never share your email. Peru · Companies Key Facts —Net Income US$501.5 million for the first half of 2026. —Copper Production 202.9 million pounds in the first half. —Realized Copper Price US$6.55 per pound. —Capital Expenditures US$168.3 million in property, plant and equipment. —Freeport-McMoRan Control Combined stake of 55.66% after a Q2 share purchase. Cerro Verde first half results for 2026 show Sociedad Minera Cerro Verde, the giant Peruvian copper mine controlled by U.S.-based Freeport-McMoRan, generated a net income of US$501.5 million.
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