SUBSEQUENT EVENTS:	12 Months Ended
Dec. 31, 2024
SUBSEQUENT EVENTS:
SUBSEQUENT EVENTS:	NOTE 20—SUBSEQUENT EVENTS: Dividends: On January 23, 2025, the Board of Directors authorized a quarterly cash dividend of $0.70 per share of common stock and a stock dividend of 0.0073 shares of common stock per share of common stock, paid on February 27, 2025, for shareholders of record at the close of business on February 11, 2025. In lieu of fractional shares, cash was distributed to each shareholder who would otherwise have been entitled to receive a fractional share, based on a share price of $95.86, which is the average of the high and low share price on January 23, 2025. New Minera Mexico S.A. de C.V. Notes: On February 5, 2025, SCC’s subsidiary Minera Mexico S.A. de C.V. issued $1.0 billion of fixed-rate senior unsecured notes with a discount of $6.2 million, which will be amortized over the term of the related debt. This debt was issued in one tranche, due in 2032 at an annual interest rate of 5.625%. Interest on the notes will be paid semi-annually in arrears. The Company intends to use the net proceeds from this offering to finance Minera Mexico’s capital expenditures and for general corporate purposes. The notes will constitute general unsecured obligations for Minera Mexico. The Company capitalized the costs associated with the issuance of this facility, which will be included in the amortized cost of the long-term debt in the consolidated balance sheet. In February 2025, Moody’s investors service assigned Baa1 as debt rating on the new notes issued. Also in February 2025, Fitch and Standard & Poor’s ratings services assigned its ‘BBB+’, as debt rating on the new notes issued. Los Chancas Project: As part of the Company's ongoing efforts to expand its mining operations and secure the necessary resources for future growth, on February 4, 2025, the Company entered into an agreement to purchase 3,125 hectares of land in the Apurimac region of Peru for the development of the Los Chancas project. Labor matters – Peruvian operations: In February 2025, the Company signed a three-year extension of the collective bargaining agreement with the only Peruvian union for which an agreement was pending. The Company made a signing payment to each worker of the union, totaling approximately $6.3 million.

SUBSEQUENT EVENTS:

12 Months Ended

Dec. 31, 2024

NOTE 20—SUBSEQUENT EVENTS:

Dividends:

On January 23, 2025, the Board of Directors authorized a quarterly cash dividend of $0.70 per share of common stock and a stock dividend of 0.0073 shares of common stock per share of common stock, paid on February 27, 2025, for shareholders of record at the close of business on February 11, 2025.

In lieu of fractional shares, cash was distributed to each shareholder who would otherwise have been entitled to receive a fractional share, based on a share price of $95.86, which is the average of the high and low share price on January 23, 2025.

New Minera Mexico S.A. de C.V. Notes:

On February 5, 2025, SCC’s subsidiary Minera Mexico S.A. de C.V. issued $1.0 billion of fixed-rate senior unsecured notes with a discount of $6.2 million, which will be amortized over the term of the related debt. This debt was issued in one tranche, due in 2032 at an annual interest rate of 5.625%. Interest on the notes will be paid semi-annually in arrears. The Company intends to use the net proceeds from this offering to finance Minera Mexico’s capital expenditures and for general corporate purposes. The notes will constitute general unsecured obligations for Minera Mexico.

The Company capitalized the costs associated with the issuance of this facility, which will be included in the amortized cost of the long-term debt in the consolidated balance sheet.

In February 2025, Moody’s investors service assigned Baa1 as debt rating on the new notes issued. Also in February 2025, Fitch and Standard & Poor’s ratings services assigned its ‘BBB+’, as debt rating on the new notes issued.

Los Chancas Project:

As part of the Company's ongoing efforts to expand its mining operations and secure the necessary resources for future growth, on February 4, 2025, the Company entered into an agreement to purchase 3,125 hectares of land in the Apurimac region of Peru for the development of the Los Chancas project.

Labor matters – Peruvian operations:

In February 2025, the Company signed a three-year extension of the collective bargaining agreement with the only Peruvian union for which an agreement was pending. The Company made a signing payment to each worker of the union, totaling approximately $6.3 million.