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FINANCIAL INSTRUMENTS: (Details) (USD $) In Millions, unless otherwise specified |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 6 Months Ended
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Jun. 30, 2012 | Dec. 31, 2011 | Jun. 30, 2012 Fair value measurements recurring Fair value as of the end of the period | Dec. 31, 2011 Fair value measurements recurring Fair value as of the end of the period | Dec. 31, 2011 Fair value measurements recurring Fair value as of the end of the period Zero cost collar contracts | Jun. 30, 2012 Fair value measurements recurring Fair value as of the end of the period Copper | Dec. 31, 2011 Fair value measurements recurring Fair value as of the end of the period Copper | Jun. 30, 2012 Fair value measurements recurring Fair value as of the end of the period Molybdenum | Dec. 31, 2011 Fair value measurements recurring Fair value as of the end of the period Molybdenum | Jun. 30, 2012 Fair value measurements recurring Fair value as of the end of the period Corporate bonds | Dec. 31, 2011 Fair value measurements recurring Fair value as of the end of the period Corporate bonds | Jun. 30, 2012 Fair value measurements recurring Fair value as of the end of the period Mortgage backed securities | Dec. 31, 2011 Fair value measurements recurring Fair value as of the end of the period Mortgage backed securities | Jun. 30, 2012 Fair value measurements recurring Fair value as of the end of the period Asset backed obligations | Jun. 30, 2012 Fair value measurements recurring Quoted prices in active markets for identical assets (Level 1) | Dec. 31, 2011 Fair value measurements recurring Quoted prices in active markets for identical assets (Level 1) | Jun. 30, 2012 Fair value measurements recurring Quoted prices in active markets for identical assets (Level 1) Copper | Dec. 31, 2011 Fair value measurements recurring Quoted prices in active markets for identical assets (Level 1) Copper | Jun. 30, 2012 Fair value measurements recurring Quoted prices in active markets for identical assets (Level 1) Molybdenum | Dec. 31, 2011 Fair value measurements recurring Quoted prices in active markets for identical assets (Level 1) Molybdenum | Jun. 30, 2012 Fair value measurements recurring Significant other observable inputs (Level 2) | Dec. 31, 2011 Fair value measurements recurring Significant other observable inputs (Level 2) | Dec. 31, 2011 Fair value measurements recurring Significant other observable inputs (Level 2) Zero cost collar contracts | Jun. 30, 2012 Fair value measurements recurring Significant other observable inputs (Level 2) Corporate bonds | Dec. 31, 2011 Fair value measurements recurring Significant other observable inputs (Level 2) Corporate bonds | Jun. 30, 2012 Fair value measurements recurring Significant other observable inputs (Level 2) Mortgage backed securities | Dec. 31, 2011 Fair value measurements recurring Significant other observable inputs (Level 2) Mortgage backed securities | Jun. 30, 2012 Fair value measurements recurring Significant other observable inputs (Level 2) Asset backed obligations | Jun. 30, 2012 Mitsui loan
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term debt, Carrying Value | $ 2,741.0 | $ 2,745.7 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term debt, Fair Value | 3,091.2 | 2,974.9 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fair values of assets and liabilities measured at fair value on a recurring basis |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fair value calculation, present value based on cash flow discount rate, weighted average cost of capital (as a percent) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 10.00%
Short term Investment: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Trading securities investment |  |  | 367.3 | 514.6 |  |  |  |  |  |  |  |  |  |  | 367.3 | 514.6 |  |  |  |  |  |  |  |  |  |  |  |  |
Available-for-sale debt securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Available-for-sale debt securities |  |  |  |  |  |  |  |  |  | 0.4 | 0.5 | 5.9 | 6.8 | 0.1 |  |  |  |  |  |  |  |  |  | 0.4 | 0.5 | 5.9 | 6.8 | 0.1 |
Derivative: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Derivatives - classified as cash flow hedges: |  |  |  |  | 8.9 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 8.9 |  |  |  |  |  |
Provisionally priced sales |  |  |  |  |  | 166.8 | 221.5 | 117.9 | 138.1 |  |  |  |  |  |  |  | 166.8 | 221.5 | 117.9 | 138.1 |  |  |  |  |  |  |  |  |
Total assets, fair value |  |  | $ 658.4 | $ 890.4 |  |  |  |  |  |  |  |  |  |  | $ 652.0 | $ 874.2 |  |  |  |  | $ 6.4 | $ 16.2 |  |  |  |  |  |  |

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