XML 37 R25.htm IDEA: XBRL DOCUMENT v3.22.1

SHORT-TERM INVESTMENTS: (Tables)

3 Months Ended

Mar. 31, 2022

SHORT-TERM INVESTMENTS:

Schedule of short-term investments

​

Short-term investments were as follows (in millions):

​	​	​	​	​	​	​	​	​
​	​	At March 31,		​	At December 31,		​	​
​		2022			2021		​	​
Trading securities	​	$	406.1	​	$	486.5	​	​
Weighted average interest rate	​		0.4	%		0.3	%	​
​	​	​	​	​	​	​	​	​
Available-for-sale	​	$	0.4	​	$	0.4	​	​
Weighted average interest rate	​		0.7	%		0.7	%	​
Total	​	$	406.5	​	$	486.9	​	​

Summary of activity investments

The following table summarizes the activity of these investments by category (in millions):

​

​	​	​	​	​	​	​	​	​
​	​	Three months ended					​
​	​	March 31,					​	​
​		2022			2021		​
Trading:	​	​	​	​	​	​	​	​
Interest earned	​	$	0.8	​	$	0.4	​	​
Unrealized gain (loss) at the end of the period	​	$	(0.1)	​	$	0.1	​	​
​	​	​	​	​	​	​	​	​
Available-for-sale:	​	​	​	​	​	​	​	​
Interest earned	​		(*)	​	​	(*)	​	​
Investment redeemed	​	$	(*)	​	$	0.1	​	​

(*) Less than $0.1 million.

X

- Definition

Tabular disclosure of activities in short-term investments during the period which includes the interest income earned during the period and proceeds from redemption of investments.

+ References

No definition available.

+ Details

Name:	scco_ScheduleOfShortTermInvestmentActivitiesTableTextBlock
Namespace Prefix:	scco_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of short-term investments which includes the carrying amount as of the balance sheet date and weighted average interest rate.

+ References

No definition available.

+ Details

Name:	scco_ScheduleOfShortTermInvestmentsTableTextBlock
Namespace Prefix:	scco_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration