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INCOME TAXES: (Tables)
6 Months Ended
Jun. 30, 2023
INCOME TAXES:  
Schedule of income tax provision and effective income tax rate

The income tax provision and the effective income tax rate for the first six months of 2023 and 2022 consisted of (in millions):

    

2023

    

2022

Statutory income tax provision

$

649.2

$

752.9

Peruvian royalty

 

18.7

 

26.5

Mexican royalty

 

72.3

 

87.4

Peruvian special mining tax

 

34.7

 

41.7

Total income tax provision

$

774.9

$

908.5

Effective income tax rate

36.0

%

42.6

%