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REVENUE: (Tables)

9 Months Ended

Sep. 30, 2019

Summary of company's sales by geographic wise and segment wise


		Three Months Ended September 30, 2019
					Mexican
		Mexican			IMMSA			Peruvian			Corporate &
		Open-Pit			Unit			Operations			Elimination			Consolidated
The Americas:
Mexico		$	338.3		$	81.8		$	—		$	(18.6)		$	401.5
United States			280.4			3.1			58.7			—			342.2
Peru			—			—			75.2			—			75.2
Brazil			—			1.0			48.7			—			49.7
Chile			0.1			—			64.4			—			64.5
Other American countries			10.1			0.7			0.4			—			11.2
Europe:
Switzerland			171.1			11.3			81.5			—			263.9
Italy			5.7			2.0			54.6			—			62.3
Spain			46.7			—			—			—			46.7
Other European countries			24.8			4.4			38.0			—			67.2
Asia:
Singapore			68.0			2.3			212.8			—			283.1
Japan			21.3			—			106.6			—			127.9
Other Asian countries			15.9			0.1			48.1			—			64.1
Total		$	982.4		$	106.7		$	789.0		$	(18.6)		$	1,859.5


		Three Months Ended September 30, 2018
					Mexican
		Mexican			IMMSA			Peruvian			Corporate &
		Open-Pit			Unit			Operations			Elimination			Consolidated
The Americas:
Mexico		$	329.3		$	86.4		$	—		$	(17.2)		$	398.5
United States			263.1			0.5			40.8			—			304.4
Peru			—			—			92.6			—			92.6
Brazil			—			6.6			55.9			—			62.5
Chile			—			—			42.4			—			42.4
Other American countries			15.2			0.5			—			—			15.7
Europe:
Switzerland			141.4			6.8			31.4			—			179.6
Italy			5.1			3.4			64.3			—			72.8
Spain			42.0			—			—			—			42.0
Other European countries			74.0			2.9			24.3			—			101.2
Asia:
Singapore			104.9			—			164.1			—			269.0
Japan			(4.7)			—			114.0			—			109.3
Other Asian countries			24.8			0.2			8.7			—			33.7
Total		$	995.1		$	107.3		$	638.5		$	(17.2)		$	1,723.7


		Nine Months Ended September 30, 2019
					Mexican
		Mexican			IMMSA			Peruvian			Corporate &
		Open-Pit			Unit			Operations			Elimination			Consolidated
The Americas:
Mexico		$	1,002.5		$	261.3		$	—		$	(63.9)		$	1,199.9
United States			817.3			6.2			87.0			—			910.5
Peru			1.6			—			254.0			—			255.6
Brazil			—			13.3			141.6			—			154.9
Chile			1.3			—			143.6			—			144.9
Other American countries			34.1			2.0			3.1			—			39.2
Europe:
Switzerland			579.4			28.4			264.9			—			872.7
Italy			42.7			10.3			165.6			—			218.6
Spain			139.0			—			—			—			139.0
Other European countries			70.3			19.2			159.0			—			248.5
Asia:
Singapore			198.5			8.7			460.6			—			667.8
Japan			37.3			—			350.6			—			387.9
Other Asian countries			85.1			0.7			105.7			—			191.5
Total		$	3,009.1		$	350.1		$	2,135.7		$	(63.9)		$	5,431.0


		Nine Months Ended September 30, 2018
					Mexican
		Mexican			IMMSA			Peruvian			Corporate &
		Open-Pit			Unit			Operations			Elimination			Consolidated
The Americas:
Mexico		$	1,026.2		$	307.0		$	—		$	(55.6)		$	1,277.6
United States			782.4			6.1			139.1			—			927.6
Peru			—			—			292.7			—			292.7
Brazil			—			28.8			183.2			—			212.0
Chile			—			—			102.1			—			102.1
Other American countries			41.6			2.9			1.2			—			45.7
Europe:
Switzerland			340.4			33.9			105.8			—			480.1
Italy			18.2			16.8			224.6			—			259.6
Spain			130.7			—			—			—			130.7
Other European countries			195.7			13.4			72.4			—			281.5
Asia:
Singapore			389.0			—			443.1			—			832.1
Japan			68.7			—			333.2			—			401.9
Other Asian countries			132.0			0.7			25.8			—			158.5
Total		$	3,124.9		$	409.6		$	1,923.2		$	(55.6)		$	5,402.1

The following table presents information regarding the sales value by reporting segment of the Company’s significant products for the three and nine months ended September 30, 2019 and 2018 (in millions):


		Three Months Ended September 30, 2019
					Mexican
		Mexican			IMMSA			Peruvian			Corporate, Other &			Total
		Open-pit			Unit			Operations			Eliminations			Consolidated
Copper		$	809.6		$	11.5		$	667.3		$	(11.0)		$	1,477.4
Molybdenum			91.2			—			65.3			—			156.5
Silver			49.8			24.7			23.1			(9.0)			88.6
Zinc			—			54.6			—			2.6			57.2
Other			31.8			15.9			33.3			(1.2)			79.8
Total		$	982.4		$	106.7		$	789.0		$	(18.6)		$	1,859.5


		Three Months Ended September 30, 2018
					Mexican
		Mexican			IMMSA			Peruvian			Corporate, Other &			Total
		Open-pit			Unit			Operations			Eliminations			Consolidated
Copper		$	840.8		$	9.9		$	550.8		$	(10.0)		$	1,391.5
Molybdenum			89.2			—			48.4			—			137.6
Zinc			—			63.2			—			—			63.2
Silver			42.5			19.0			16.8			(6.6)			71.7
Other			22.6			15.2			22.5			(0.6)			59.7
Total		$	995.1		$	107.3		$	638.5		$	(17.2)		$	1,723.7


		Nine Months Ended September 30, 2019
					Mexican
		Mexican			IMMSA			Peruvian			Corporate, Other &			Total
		Open-pit			Unit			Operations			Eliminations			Consolidated
Copper		$	2,504.9		$	34.5		$	1,840.7		$	(38.2)		$	4,341.9
Molybdenum			274.8			—			154.6			—			429.4
Silver			137.6			59.1			58.7			(21.3)			234.1
Zinc			—			211.3			—			(1.6)			209.7
Other			91.8			45.2			81.7			(2.8)			215.9
Total		$	3,009.1		$	350.1		$	2,135.7		$	(63.9)		$	5,431.0


		Nine Months Ended September 30, 2018
					Mexican
		Mexican			IMMSA			Peruvian			Corporate, Other &			Total
		Open-pit			Unit			Operations			Eliminations			Consolidated
Copper		$	2,661.9		$	37.0		$	1,686.7		$	(32.2)		$	4,353.4
Molybdenum			254.2			—			124.3			—			378.5
Zinc			—			253.0			—			(0.1)			252.9
Silver			133.2			63.4			50.6			(21.2)			226.0
Other			75.6			56.2			61.6			(2.1)			191.3
Total		$	3,124.9		$	409.6		$	1,923.2		$	(55.6)		$	5,402.1

Schedule of opening and closing balances of receivables by reporting segment

The opening and closing balances of receivables by reporting segment of the Company were as follows (in millions):


					Mexican
		Mexican			IMMSA			Peruvian			Corporate &
		Open-Pit			Unit			Operations			Elimination			Consolidated

As of September 30, 2019:
Trade receivables		$	430.1		$	41.8		$	370.1		$	—		$	842.0
Related parties, current			14.1			—			—			8.2			22.3
Related parties, non-current			60.0			—			—			—			60.0

As of December 31, 2018:
Trade receivables		$	505.9		$	50.5		$	266.0		$	—		$	822.4
Related parties			81.6			—			—			19.9			101.5

Schedule long term contracts by products

As of September 30, 2019, the Company has long-term contracts with promises to deliver the following products:


Copper concentrates (in tons)		1,090,000
Copper cathodes (in tons)		48,000
Molybdenum concentrates (in tons)		24,446
Sulfuric acid (in tons)		331,620

Schedule of provisionally priced copper and molybdenum sales outstanding

Following are the provisionally priced copper and molybdenum sales outstanding at September 30, 2019:


		Sales volume		Priced at
		(million lbs.)		(per pound)		Month of settlement
Copper		210.4		2.59		October 2019 through February 2020
Molybdenum		14.1		11.78		October through December 2019