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INCOME TAXES: (Tables)
3 Months Ended
Mar. 31, 2024
INCOME TAXES:  
Schedule of income tax provision and effective income tax rate

The income tax provision and the effective income tax rate for the three-month period ended March 31, 2024 and 2023 consisted of (in millions):

    

2024

    

2023

Statutory income tax provision

$

363.1

$

399.0

Peruvian royalty

 

9.9

 

9.8

Mexican royalty

 

30.6

 

51.7

Peruvian special mining tax

 

19.8

 

20.0

Total income tax provision

$

423.4

$

480.5

Effective income tax rate

36.6

%

36.9

%