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Financial - risk management objectives and policies (Tables)
12 Months Ended
Dec. 31, 2017
Disclosure of financial risk management objectives and policies [Line Items]  
Disclosure of foreign-currency exchange rates risk [Text Block]
A table showing the effect on results of a reasonable change in foreign-currency exchange rates is presented below, with all other variables kept constant:
 
 
 
Exchange-rate
 
Effect on profit (loss)
 
 
 
increase/decrease
 
before income tax
 
 
 
 
 
US$(000)
 
2017
 
 
 
 
 
 
 
Exchange rate
 
 
+10
%
 
2,474
 
Exchange rate
 
 
-10
%
 
(2,459)
 
 
 
 
 
 
 
 
 
2016
 
 
 
 
 
 
 
Exchange rate
 
 
+10
%
 
(924)
 
Exchange rate
 
 
-10
%
 
926
 
 
 
 
 
 
 
 
 
2015
 
 
 
 
 
 
 
Exchange rate
 
 
+10
%
 
6,233
 
Exchange rate
 
 
-10
%
 
(7,618)
 
Disclosure of interest rates risk [Text Block]
A table showing the effect in profit or loss of the variations of interest rates:
 
 
 
Increase/decrease
 
 
 
 
 
of Libor rate
 
Effect on results
 
 
 
(percentage rates)
 
US$(000)
 
2017
 
 
 
 
 
 
 
Interest rate
 
 
+10
 
 
(677)
 
Interest rate
 
 
-10
 
 
677
 
 
 
 
 
 
 
 
 
2016
 
 
 
 
 
 
 
Interest rate
 
 
+10
 
 
333
 
Interest rate
 
 
-10
 
 
(333)
 
 
 
 
 
 
 
 
 
2015
 
 
 
 
 
 
 
Interest rate
 
 
+10
 
 
294
 
Interest rate
 
 
-10
 
 
(294)
 
Disclosure of financial liabilities by remaining maturity [Text Block]
An analysis of the Group’s financial liabilities classified according to their aging is presented below, based on undiscounted contractual payments:
 
 
 
Less than
 
Between 1
 
Between 2
 
More than 5
 
 
 
 
 
1 year
 
and 2 years
 
and 5 years
 
years
 
Total
 
 
 
US$(000)
 
US$(000)
 
US$(000)
 
US$(000)
 
US$(000)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
As of December 31,2017 -
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Bank loans
 
 
96,580
 
 
-
 
 
-
 
 
-
 
 
96,580
 
Trade and other payables
 
 
219,379
 
 
663
 
 
-
 
 
-
 
 
220,042
 
Derivative financial instruments
 
 
28,705
 
 
-
 
 
-
 
 
-
 
 
28,705
 
Financial obligation
 
 
110,062
 
 
148,718
 
 
449,689
 
 
-
 
 
708,469
 
Contingent consideration liability
 
 
-
 
 
-
 
 
9,280
 
 
28,469
 
 
37,749
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total
 
 
454,726
 
 
149,381
 
 
458,969
 
 
28,469
 
 
1,091,545
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
As of December 31,2016 -
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Bank loans
 
 
55,000
 
 
-
 
 
-
 
 
-
 
 
55,000
 
Trade and other payables
 
 
253,062
 
 
-
 
 
-
 
 
15,982
 
 
269,044
 
Derivative financial instruments
 
 
3,863
 
 
-
 
 
-
 
 
-
 
 
3,863
 
Embedded derivative for sale of concentrates
 
 
1,524
 
 
-
 
 
-
 
 
-
 
 
1,524
 
Financial obligation
 
 
70,420
 
 
113,070
 
 
503,029
 
 
-
 
 
686,519
 
Contingent consideration liability
 
 
-
 
 
3,305
 
 
6,603
 
 
32,840
 
 
42,748
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total
 
 
383,869
 
 
116,375
 
 
509,632
 
 
48,822
 
 
1,058,698
 
Minera Yanacocha SRL and subsidiary [Member]  
Disclosure of financial risk management objectives and policies [Line Items]  
Disclosure of detailed information about current financial liabilities [text block]
The following table represents the analysis of the Company's financial liabilities, considering the remaining period to reach such maturity as of the consolidated statement of financial position date (see note 11):
 
 
 
2017
 
2016
 
 
 
Less than 1 year
 
Less than 1 year
 
 
 
US$(000)
 
US$(000)
 
 
 
 
 
 
 
 
 
Trade accounts payable
 
 
43,108
 
 
44,634
 
Accounts payable to related parties
 
 
9,962
 
 
9,052
 
Remuneration and similar benefits payable
 
 
27,419
 
 
8,516
 
 
 
 
80,489
 
 
62,202