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INTANGIBLE ASSETS: (Tables)
12 Months Ended
Dec. 31, 2017
INTANGIBLE ASSETS:  
Schedule of major classes of intangible assets and goodwill

                                                                                                                                                                                    

 

 

At December 31,

 

(in millions)

 

2017

 

2016

 

Mining concessions

 

$

121.2

 

$

121.2

 

Mine engineering and development studies

 

 

19.8

 

 

19.8

 

Software

 

 

49.0

 

 

44.8

 

​  

​  

​  

​  

 

 

 

190.0

 

 

185.8

 

Accumulated amortization:

 

 

 

 

 

 

 

Mining concessions

 

 

(36.6

)

 

(35.6

)

Mine engineering and development studies

 

 

(15.3

)

 

(14.8

)

Software

 

 

(27.5

)

 

(23.1

)

​  

​  

​  

​  

 

 

 

(79.4

)

 

(73.5

)

Goodwill

 

 

41.9

 

 

41.9

 

​  

​  

​  

​  

Intangible assets, net

 

$

152.5

 

$

154.2

 

​  

​  

​  

​  

​  

​  

​  

​  

 

Schedule of estimated amortization of intangible assets for future periods

                                                                                                                                                                                    

Estimated amortization expense (in millions):

 

 

 

2018

 

$

5.6

 

2019

 

 

5.5

 

2020

 

 

5.6

 

2021

 

 

5.5

 

2022

 

 

3.9

 

​  

​  

Total 2018 - 2022

 

$

26.1

 

​  

​  

Average annual

 

$

5.2

 

​  

​