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BENEFIT PLANS:
 6 Months Ended
Jun. 30, 2012
BENEFIT PLANS:  
BENEFIT PLANS:

NOTE 9- BENEFIT PLANS:

 

SCC Defined Benefit Pension Plans

 

The components of the net periodic benefit costs for the six months ended June 30, 2012 and 2011 are as follows (in millions):

 

 

 

2012

 

2011

 

Interest cost

 

$

0.3

 

$

0.3

 

Expected return on plan assets

 

(0.4

)

(0.3

)

Amortization of net loss (gain)

 

0.1

 

(*

)

Net periodic benefit costs

 

$

(*

)

$

(*

)

 

(*) amount is lower than $0.1 million

 

SCC Post-retirement Health Care Plan

 

The components of the net periodic benefit costs for the post-retirement health care plan for the six months ended June 30, 2012 and 2011 are individually, and in total, less than $0.1 million.

 

Minera Mexico Pension Plans

 

The components of the net periodic benefit costs for the six months ended June 30, 2012 and 2011 are as follows (in millions):

 

 

 

2012

 

2011

 

 

 

 

 

 

 

Interest cost

 

$

0.3

 

$

0.3

 

Service cost

 

0.5

 

0.5

 

Expected return on plan assets

 

(1.4

)

(1.7

)

Amortization of transition assets, net

 

(*

)

(*

)

Amortization of net actuarial loss

 

(0.4

)

(0.8

)

Amortization of prior services cost

 

(*

)

(*

)

Net periodic benefit cost

 

$

(1.0

)

$

(1.7

)

 

(*) amount is lower than $0.1 million

 

Minera Mexico Post-retirement Health Care Plan

 

The components of the net periodic cost for the six months ended June 30, 2012 and 2011 are as follows (in millions):

 

 

 

2012

 

2011

 

 

 

 

 

 

 

Interest cost

 

$

0.7

 

$

1.9

 

Service cost

 

(*

)

(*

)

Amortization of net loss (gain)

 

(0.2

)

(*

)

Amortization of transition obligation

 

(*

)

0.8

 

Net periodic benefit cost

 

$

0.5

 

$

2.7

 

 

(*) amount is lower than $0.1 million