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INTANGIBLE ASSETS: (Tables)
12 Months Ended
Dec. 31, 2016
INTANGIBLE ASSETS:  
Schedule of major classes of intangible assets and goodwill

                                                                                                                                                                                    

 

 

At December 31,

 

(in millions)

 

2016

 

2015

 

Mining concessions

 

$

121.2

 

$

121.2

 

Mine engineering and development studies

 

 

19.8

 

 

6.0

 

Software

 

 

44.8

 

 

44.6

 

​  

​  

​  

​  

 

 

 

185.8

 

 

171.8

 

Accumulated amortization:

 

 


 

 

 


 

 

Mining concessions

 

 

(35.6

)

 

(34.8

)

Mine engineering and development studies

 

 

(14.8

)

 

(5.6

)

Software

 

 

(23.1

)

 

(17.7

)

​  

​  

​  

​  

 

 

 

(73.5

)

 

(58.1

)

Goodwill

 

 

41.9

 

 

41.4

 

​  

​  

​  

​  

Intangible assets, net

 

$

154.2

 

$

155.1

 

​  

​  

​  

​  

​  

​  

​  

​  

 

Schedule of estimated amortization of intangible assets for future periods

                                                                                                                                                                                    

Estimated amortization expense (in millions):

 

 

 

2017

 

$

6.2 

 

2018

 

 

5.9 

 

2019

 

 

5.7 

 

2020

 

 

5.9 

 

2021

 

 

4.3 

 

​  

​  

Total 2017 - 2021

 

$

28.0 

 

​  

​  

Average annual

 

$

5.6 

 

​  

​