XML 223 R209.htm IDEA: XBRL DOCUMENT v3.19.1
Disclosure of information on segments (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Operating income      
Net sale of goods $ 1,122,995 $ 1,223,942 $ 1,015,670
Net sale of services 24,001 29,697 28,782
Royalty income 20,385 20,739 24,339
Total operating income 1,167,381 1,274,378 1,068,791
Operating costs      
Cost of sales (982,957) (980,254) (824,973)
Cost of services (4,318) (12,954) (10,754)
Exploration in operating units 90,343 94,928 96,149
Depreciation and amortization (241,286) (213,722) (192,647)
Mining royalties (21,526) (31,217) (27,611)
Total operating costs (982,957) (980,254) (824,973)
Gross profit (loss) 184,424 294,124 243,818
Operating expenses, net      
Administrative expenses (78,760) (83,597) (81,692)
Exploration in non-operating areas 36,307 18,262 26,589
Selling expenses (27,522) (24,088) (21,733)
Impairment Recovery of long-lived assets 0 (11,770) 0
Impairment loss of long-lived assets   (21,620) 0
Provision for contingencies and others (11,239) 13,879 565
Write-off of stripping activity asset 0 13,573 0
Other, net (5,012) (13,589) 18,957
Total operating expenses, net (130,669) (188,608) (111,622)
Operating profit (loss) 53,755 105,516 132,196
Other income (expense),net      
Share in the results of associates under equity method (1,144) 13,207 (365,321)
Finance income 9,686 5,517 6,830
Net gain (loss) from currency exchange difference (1,366) 2,928 2,638
Finance costs (38,456) (34,623) (31,580)
Total other income (expenses), net (31,280) (12,971) (387,433)
Profit (loss) before income tax 22,475 92,545 (255,237)
Income tax (26,926) (18,012) (53,504)
Income tax Current 16,928 23,837 39,444
Income tax Deffered 9,998 (5,825) 14,060
Profit (loss) from continued operations (4,451) 74,533 (308,741)
Loss from discontinued operations, see note 1(e) (7,203) (10,098) (19,073)
Net loss (11,654) 64,435 (327,814)
Total assets 4,217,221 4,332,813 4,266,415
Total liability 1,187,656 1,269,186 1,219,202
Other segment information      
Investment in associates 1,473,382 1,536,887 1,536,607
Additions to mining concessions, development costs, property, plant and equipment 111,270 259,507 366,834
Exploration and development mining projects [Member]      
Operating income      
Net sale of goods 0 0 0
Net sale of services 0 0 0
Royalty income 0 0 0
Total operating income 0
Operating costs      
Cost of sales 0 0 0
Cost of services 0 0 0
Exploration in operating units 0 0 0
Depreciation and amortization 0 0 (27)
Mining royalties 0 0 0
Total operating costs 0 0 (27)
Gross profit (loss) 0 0 (27)
Operating expenses, net      
Administrative expenses (3,143) (1,604) (3,750)
Exploration in non-operating areas (2,883) (2,771) (9,585)
Selling expenses 0 0 0
Impairment Recovery of long-lived assets 0    
Impairment loss of long-lived assets   0 0
Provision for contingencies and others 6,130 (4,657) (1,399)
Write-off of stripping activity asset   0  
Other, net 138 (94) 2,180
Total operating expenses, net 242 (9,126) (12,554)
Operating profit (loss) 242 (9,126) (12,581)
Other income (expense),net      
Share in the results of associates under equity method 0 0 0
Finance income 0 0 0
Net gain (loss) from currency exchange difference (846) 537 505
Finance costs (222) (131) (163)
Total other income (expenses), net (1,068) 406 342
Profit (loss) before income tax (826) (8,720) (12,239)
Income tax   0 (245)
Income tax Current 0    
Income tax Deffered 0    
Profit (loss) from continued operations (826) (8,720) (12,484)
Total assets 372,344 342,759 330,169
Total liability 18,986 14,527 14,831
Other segment information      
Investment in associates 0 0 0
Additions to mining concessions, development costs, property, plant and equipment 17,141 13,733 25,450
Construction and engineering [Member]      
Operating income      
Net sale of goods   0 0
Net sale of services   10,603 12,633
Royalty income   0 0
Total operating income   10,603 12,633
Operating costs      
Cost of sales   0 0
Cost of services   (9,393) (9,732)
Exploration in operating units   0 0
Depreciation and amortization   (129) (253)
Mining royalties   0 0
Total operating costs   (9,522) (9,985)
Gross profit (loss)   1,081 2,648
Operating expenses, net      
Administrative expenses   (3,606) (4,492)
Exploration in non-operating areas   0 0
Selling expenses   0 0
Impairment loss of long-lived assets   0 0
Provision for contingencies and others   100 (286)
Write-off of stripping activity asset   0  
Other, net   1,129 2,198
Total operating expenses, net   (2,377) (2,580)
Operating profit (loss)   (1,296) 68
Other income (expense),net      
Share in the results of associates under equity method   0 0
Finance income   0 8
Net gain (loss) from currency exchange difference   105 5
Finance costs   (370) (545)
Total other income (expenses), net   (265) (532)
Profit (loss) before income tax   (1,561) (464)
Income tax   (400) (178)
Profit (loss) from continued operations   (1,961) (642)
Total assets   14,004 22,481
Total liability   5,153 11,647
Other segment information      
Investment in associates   0 0
Additions to mining concessions, development costs, property, plant and equipment   3 27
Energy generation and transmission [Member]      
Operating income      
Net sale of goods 0 0 0
Net sale of services 62,962 60,639 57,312
Royalty income 0 0 0
Total operating income 62,962 60,639 57,312
Operating costs      
Cost of sales 0 0 0
Cost of services (25,499) (25,556) (25,250)
Exploration in operating units 0 0 0
Depreciation and amortization (10,248) (9,651) (10,904)
Mining royalties 0 0 0
Total operating costs (35,747) (35,207) (36,154)
Gross profit (loss) 27,215 25,432 21,158
Operating expenses, net      
Administrative expenses (3,972) (2,423) (2,450)
Exploration in non-operating areas 0 0 0
Selling expenses (1,173) (1,264) (1,124)
Impairment Recovery of long-lived assets 0    
Impairment loss of long-lived assets   0 0
Provision for contingencies and others (56) 312 (467)
Write-off of stripping activity asset   0  
Other, net 562 (94) 10,994
Total operating expenses, net (4,639) (3,469) 6,953
Operating profit (loss) 22,576 21,963 28,111
Other income (expense),net      
Share in the results of associates under equity method 8,589 8,573 4,579
Finance income 179 139 820
Net gain (loss) from currency exchange difference (346) 294 (138)
Finance costs (7,576) (10,354) (10,564)
Total other income (expenses), net 846 (1,348) (5,303)
Profit (loss) before income tax 23,422 20,615 22,808
Income tax   (3,491) (9,224)
Income tax Current 0    
Income tax Deffered (7,584)    
Profit (loss) from continued operations 15,838 17,124 13,584
Total assets 366,354 360,610 379,964
Total liability 197,152 205,247 222,324
Other segment information      
Investment in associates 0 0 0
Additions to mining concessions, development costs, property, plant and equipment 118 852 4,236
Insurance brokerage [Member]      
Operating income      
Net sale of goods 0 0 0
Net sale of services 14,986 14,377 12,675
Royalty income 0 0 0
Total operating income 14,986 14,377 12,675
Operating costs      
Cost of sales 0 0 0
Cost of services 0 0 0
Exploration in operating units 0 0 0
Depreciation and amortization 0 0 0
Mining royalties 0 0 0
Total operating costs 0 0 0
Gross profit (loss) 14,986 14,377 12,675
Operating expenses, net      
Administrative expenses (11,900) (12,288) (12,245)
Exploration in non-operating areas 0 0 0
Selling expenses 0 0 0
Impairment Recovery of long-lived assets 0    
Impairment loss of long-lived assets   0 0
Provision for contingencies and others 0 0 0
Write-off of stripping activity asset   0  
Other, net 0 (4) 0
Total operating expenses, net (11,900) (12,292) (12,245)
Operating profit (loss) 3,086 2,085 430
Other income (expense),net      
Share in the results of associates under equity method 0 0 (9)
Finance income 0 1 12
Net gain (loss) from currency exchange difference 19 (75) 426
Finance costs (2) (6) (10)
Total other income (expenses), net 17 (80) 419
Profit (loss) before income tax 3,103 2,005 849
Income tax   (742) (245)
Income tax Current 0    
Income tax Deffered 0    
Profit (loss) from continued operations 3,103 1,263 604
Total assets 12,154 9,004 6,226
Total liability 4,597 4,616 3,102
Other segment information      
Investment in associates 0 0 0
Additions to mining concessions, development costs, property, plant and equipment 0 14 39
Rental of mining concessions [Member]      
Operating income      
Net sale of goods 0 0 0
Net sale of services 0 0 0
Royalty income 20,385 20,739 24,339
Total operating income 20,385 20,739 24,339
Operating costs      
Cost of sales 0 0 0
Cost of services 0 0 0
Exploration in operating units 0 0 0
Depreciation and amortization 0 0 (16)
Mining royalties 0 0 0
Total operating costs 0 0 (16)
Gross profit (loss) 20,385 20,739 24,323
Operating expenses, net      
Administrative expenses (220) (90) (112)
Exploration in non-operating areas 0 0 0
Selling expenses 0 0 0
Impairment Recovery of long-lived assets 0    
Impairment loss of long-lived assets   0 0
Provision for contingencies and others 0 0 0
Write-off of stripping activity asset   0  
Other, net (1) 11
Total operating expenses, net (220) (91) (101)
Operating profit (loss) 20,165 20,648 24,222
Other income (expense),net      
Share in the results of associates under equity method 0 0 0
Finance income 21 7 0
Net gain (loss) from currency exchange difference 18 (41) (93)
Finance costs (11) (2) (2)
Total other income (expenses), net 28 (36) (95)
Profit (loss) before income tax 20,193 20,612 24,127
Income tax   (6,044) (6,761)
Income tax Current (6,025)    
Income tax Deffered 0    
Profit (loss) from continued operations 14,168 14,568 17,366
Total assets 7,154 6,611 7,439
Total liability 2,653 2,378 2,684
Other segment information      
Investment in associates 0 0 0
Additions to mining concessions, development costs, property, plant and equipment 0 0 0
Holding of investment in shares [Member]      
Operating income      
Net sale of goods 0 0 0
Net sale of services 615 615 615
Royalty income 0 0 0
Total operating income 615 615 615
Operating costs      
Cost of sales 0 0 0
Cost of services 0 0 0
Exploration in operating units 0 0 0
Depreciation and amortization 0 0 (221)
Mining royalties 0 0 0
Total operating costs 0 0 (221)
Gross profit (loss) 615 615 394
Operating expenses, net      
Administrative expenses (512) (413) (227)
Exploration in non-operating areas 0 0 0
Selling expenses 0 0 0
Impairment Recovery of long-lived assets 0    
Impairment loss of long-lived assets   0 0
Provision for contingencies and others 0 0 0
Write-off of stripping activity asset   0  
Other, net 2,773 0 (16)
Total operating expenses, net 2,261 (413) (243)
Operating profit (loss) 2,876 202 151
Other income (expense),net      
Share in the results of associates under equity method (25,517) (66,187) (448,017)
Finance income 8 1 4
Net gain (loss) from currency exchange difference 2 (4) 5
Finance costs (25) (2) (14)
Total other income (expenses), net (25,532) (66,192) (448,022)
Profit (loss) before income tax (22,656) (65,990) (447,871)
Income tax   (38) 0
Income tax Current (444)    
Income tax Deffered 0    
Profit (loss) from continued operations (23,100) (66,028) (447,871)
Total assets 520,484 988,841 427,439
Total liability 603 414 148
Other segment information      
Investment in associates 0 0 0
Additions to mining concessions, development costs, property, plant and equipment 0 0 0
Industrial activities [Member]      
Operating income      
Net sale of goods 6,655 6,317 5,982
Net sale of services 19,908 19,658 19,507
Royalty income 0 0 0
Total operating income 26,563 25,975 25,489
Operating costs      
Cost of sales (6,280) (6,043) (2,962)
Cost of services (8,966) (9,354) (8,723)
Exploration in operating units 0 0 0
Depreciation and amortization (11,483) (11,134) (10,968)
Mining royalties 0 0 0
Total operating costs (26,729) (26,531) (22,653)
Gross profit (loss) (166) (556) 2,836
Operating expenses, net      
Administrative expenses (1,627) (1,203) (635)
Exploration in non-operating areas 0 0 0
Selling expenses (924) (775) (1,154)
Impairment Recovery of long-lived assets 0    
Impairment loss of long-lived assets   0 0
Provision for contingencies and others 2 0 0
Write-off of stripping activity asset   0  
Other, net 194 216 546
Total operating expenses, net (2,355) (1,762) (1,243)
Operating profit (loss) (2,521) (2,318) 1,593
Other income (expense),net      
Share in the results of associates under equity method 0 0 0
Finance income 127 79 1
Net gain (loss) from currency exchange difference (482) 497 222
Finance costs (932) (941) (962)
Total other income (expenses), net (1,287) (365) (739)
Profit (loss) before income tax (3,808) (2,683) 854
Income tax   1,818 461
Income tax Current (2)    
Income tax Deffered 106    
Profit (loss) from continued operations (3,704) (865) 1,315
Total assets 106,391 109,669 120,038
Total liability 20,671 20,245 29,751
Other segment information      
Investment in associates 0 0 0
Additions to mining concessions, development costs, property, plant and equipment 1,816 459 3,719
Corporates [Member]      
Operating income      
Net sale of goods 0 34,650 191,075
Net sale of services 0 0 0
Royalty income 0 0 0
Total operating income 0 34,650 191,075
Operating costs      
Cost of sales 0 (34,029) (190,041)
Cost of services 0 0 0
Exploration in operating units 0 0 0
Depreciation and amortization 0 0 (986)
Mining royalties 0 0 0
Total operating costs 0 (34,029) (191,027)
Gross profit (loss) 0 621 48
Operating expenses, net      
Administrative expenses 2,377 443 (12,083)
Exploration in non-operating areas (4,091) (5,052) (4,129)
Selling expenses 0 (167) (115)
Impairment Recovery of long-lived assets 0    
Impairment loss of long-lived assets   0 0
Provision for contingencies and others (111) 378 1,088
Write-off of stripping activity asset   0  
Other, net (2,235) (2,012) 8,081
Total operating expenses, net (4,060) (6,410) (7,158)
Operating profit (loss) (4,060) (5,789) (7,110)
Other income (expense),net      
Share in the results of associates under equity method 15,081 21,194 (370,381)
Finance income 9,293 5,614 7,480
Net gain (loss) from currency exchange difference (206) 1,365 2,223
Finance costs (17,194) (8,980) (5,156)
Total other income (expenses), net 6,974 19,193 (365,834)
Profit (loss) before income tax 2,914 13,404 (372,944)
Income tax   (9,052) (22,409)
Income tax Current 0    
Income tax Deffered 9,514    
Profit (loss) from continued operations 12,428 4,352 (395,353)
Total assets 2,407,754 1,931,224 2,593,838
Total liability 419,208 425,413 556,172
Other segment information      
Investment in associates 1,473,382 1,536,887 1,536,607
Additions to mining concessions, development costs, property, plant and equipment 1,158 393 1,018
Ucchuchacua [Member]      
Operating income      
Net sale of goods 257,282 272,334 240,470
Net sale of services 0 0 0
Royalty income 0 0 0
Total operating income 257,282 272,334 240,470
Operating costs      
Cost of sales (151,817) (143,288) (118,561)
Cost of services 0 0 0
Exploration in operating units (20,898) (27,068) (31,406)
Depreciation and amortization (26,181) (23,899) (18,541)
Mining royalties (2,243) (2,280) (1,687)
Total operating costs (201,139) (196,535) (170,195)
Gross profit (loss) 56,143 75,799 70,275
Operating expenses, net      
Administrative expenses (24,119) (19,473) (13,265)
Exploration in non-operating areas (18,339) (2,676) 0
Selling expenses (8,213) (6,078) (4,632)
Impairment Recovery of long-lived assets 0    
Impairment loss of long-lived assets   0 0
Provision for contingencies and others 6,784 (7,040) 1,121
Write-off of stripping activity asset   0  
Other, net (5,953) (1,799) 1,144
Total operating expenses, net (49,840) (37,066) (15,632)
Operating profit (loss) 6,303 38,733 54,643
Other income (expense),net      
Share in the results of associates under equity method 0 0 0
Finance income 0 0 3
Net gain (loss) from currency exchange difference 196 31 (203)
Finance costs (308) (285) (379)
Total other income (expenses), net (112) (254) (579)
Profit (loss) before income tax 6,191 38,479 54,064
Income tax   (1,101) (1,814)
Income tax Current (768)    
Income tax Deffered 0    
Profit (loss) from continued operations 5,423 37,378 52,250
Total assets 126,374 146,464 105,950
Total liability 45,227 49,723 35,148
Other segment information      
Investment in associates 0 0 0
Additions to mining concessions, development costs, property, plant and equipment 18,429 18,127 28,899
Orcopampa [Member]      
Operating income      
Net sale of goods 153,003 256,960 244,745
Net sale of services 0 0 0
Royalty income 0 0 0
Total operating income 153,003 256,960 244,745
Operating costs      
Cost of sales (97,006) (115,574) (97,325)
Cost of services 0 0 0
Exploration in operating units (29,563) (38,820) (45,111)
Depreciation and amortization (8,802) (8,846) (11,403)
Mining royalties (13,669) (22,436) (21,482)
Total operating costs (149,040) (185,676) (175,321)
Gross profit (loss) 3,963 71,284 69,424
Operating expenses, net      
Administrative expenses (15,100) (18,281) (13,810)
Exploration in non-operating areas 0 0 0
Selling expenses (775) (1,016) (1,075)
Impairment Recovery of long-lived assets 0    
Impairment loss of long-lived assets   0 0
Provision for contingencies and others (121) (1) (110)
Write-off of stripping activity asset   0  
Other, net (3,386) (715) 874
Total operating expenses, net (19,382) (20,013) (14,121)
Operating profit (loss) (15,419) 51,271 55,303
Other income (expense),net      
Share in the results of associates under equity method 0 0 0
Finance income 0 0 3
Net gain (loss) from currency exchange difference 168 (63) (59)
Finance costs (395) (354) (197)
Total other income (expenses), net (227) (417) (253)
Profit (loss) before income tax (15,646) 50,854 55,050
Income tax   (1,085) (1,895)
Income tax Current (559)    
Income tax Deffered 0    
Profit (loss) from continued operations (16,205) 49,769 53,155
Total assets 39,725 54,114 46,085
Total liability 30,749 42,242 26,536
Other segment information      
Investment in associates 0 0 0
Additions to mining concessions, development costs, property, plant and equipment 6,225 12,674 3,451
Julcani [Member]      
Operating income      
Net sale of goods 34,104 42,785 54,666
Net sale of services 0 0 0
Royalty income 0 0 0
Total operating income 34,104 42,785 54,666
Operating costs      
Cost of sales (26,558) (31,190) (23,633)
Cost of services 0 0 0
Exploration in operating units (8,646) (13,009) (11,069)
Depreciation and amortization (3,353) (8,122) (6,756)
Mining royalties (237) (354) (381)
Total operating costs (38,794) (52,675) (41,839)
Gross profit (loss) (4,690) (9,890) 12,827
Operating expenses, net      
Administrative expenses (2,524) (2,878) (4,582)
Exploration in non-operating areas 0 0 0
Selling expenses (356) (605) (845)
Impairment Recovery of long-lived assets 0    
Impairment loss of long-lived assets   0 0
Provision for contingencies and others 947 (460) (630)
Write-off of stripping activity asset   0  
Other, net (1,050) (1,403) 74
Total operating expenses, net (2,983) (5,346) (5,983)
Operating profit (loss) (7,673) (15,236) 6,844
Other income (expense),net      
Share in the results of associates under equity method 0 0 0
Finance income 0 0 1
Net gain (loss) from currency exchange difference 8 (75) (61)
Finance costs (95) (106) (87)
Total other income (expenses), net (87) (181) (147)
Profit (loss) before income tax (7,760) (15,417) 6,697
Income tax   (153) (424)
Income tax Current (72)    
Income tax Deffered 0    
Profit (loss) from continued operations (7,832) (15,570) 6,273
Total assets 39,537 20,922 25,118
Total liability 29,469 18,099 19,733
Other segment information      
Investment in associates 0 0 0
Additions to mining concessions, development costs, property, plant and equipment 2,984 1,951 759
Mallay [Member]      
Operating income      
Net sale of goods 16,666 36,736 46,741
Net sale of services 0 0 0
Royalty income 0 0 0
Total operating income 16,666 36,736 46,741
Operating costs      
Cost of sales (12,103) (22,783) (23,392)
Cost of services 0 0 0
Exploration in operating units (613) (5,617) (7,960)
Depreciation and amortization (2,407) (3,568) (11,393)
Mining royalties (138) (333) (314)
Total operating costs (15,261) (32,301) (43,059)
Gross profit (loss) 1,405 4,435 3,682
Operating expenses, net      
Administrative expenses (1,661) (2,931) (2,708)
Exploration in non-operating areas 0 0 0
Selling expenses (574) (1,045) (1,549)
Impairment Recovery of long-lived assets 0    
Impairment loss of long-lived assets   0 0
Provision for contingencies and others (9) (139) 49
Write-off of stripping activity asset   0  
Other, net (3,704) (359) (372)
Total operating expenses, net (5,948) (4,474) (4,580)
Operating profit (loss) (4,543) (39) (898)
Other income (expense),net      
Share in the results of associates under equity method 0 0 0
Finance income 0 0 0
Net gain (loss) from currency exchange difference 19 (11) (46)
Finance costs (34) (72) (41)
Total other income (expenses), net (15) (83) (87)
Profit (loss) before income tax (4,558) (122) (985)
Income tax   (124) (365)
Income tax Current (47)    
Income tax Deffered 0    
Profit (loss) from continued operations (4,605) (246) (1,350)
Total assets 13,793 18,923 16,958
Total liability 6,685 6,092 7,302
Other segment information      
Investment in associates 0 0 0
Additions to mining concessions, development costs, property, plant and equipment 1,810 1,796 2,729
Colquijirca [Member]      
Operating income      
Net sale of goods 333,560 322,653 230,611
Net sale of services 0 0 0
Royalty income 0 0 0
Total operating income 333,560 322,653 230,611
Operating costs      
Cost of sales (216,560) (193,874) (178,231)
Cost of services 0 0 0
Exploration in operating units (9,996) 0 0
Depreciation and amortization (67,666) (57,199) (53,637)
Mining royalties (2,345) (3,317) (2,726)
Total operating costs (296,567) (254,390) (234,594)
Gross profit (loss) 36,993 68,263 (3,983)
Operating expenses, net      
Administrative expenses (9,906) (13,061) (11,802)
Exploration in non-operating areas (7,199) (1,976) (1,939)
Selling expenses (12,201) (10,914) (10,650)
Impairment Recovery of long-lived assets 0    
Impairment loss of long-lived assets   0 0
Provision for contingencies and others (3,711) 0 0
Write-off of stripping activity asset   (13,573)  
Other, net 32,565 (2,922) 276
Total operating expenses, net (452) (42,446) (24,115)
Operating profit (loss) 36,541 25,817 (28,098)
Other income (expense),net      
Share in the results of associates under equity method 0 0 0
Finance income 418 179 256
Net gain (loss) from currency exchange difference 108 310 (270)
Finance costs (10,365) (12,017) (12,554)
Total other income (expenses), net (9,839) (11,528) (12,568)
Profit (loss) before income tax 26,702 14,289 (40,666)
Income tax   (3,903) 7,851
Income tax Current (8,332)    
Income tax Deffered (10,803)    
Profit (loss) from continued operations 7,567 10,386 (32,815)
Total assets 773,554 792,594 763,092
Total liability 340,735 388,899 353,184
Other segment information      
Investment in associates 0 0 0
Additions to mining concessions, development costs, property, plant and equipment 29,572 61,060 51,289
La Zanja [Member]      
Operating income      
Net sale of goods 96,611 165,319 178,922
Net sale of services 0 0 0
Royalty income 0 0 0
Total operating income 96,611 165,319 178,922
Operating costs      
Cost of sales (68,993) (102,474) (80,873)
Cost of services 0 0 0
Exploration in operating units (74) (871) (603)
Depreciation and amortization (34,088) (48,385) (67,542)
Mining royalties (957) (1,499) (1,021)
Total operating costs (104,112) (153,229) (150,039)
Gross profit (loss) (7,501) 12,090 28,883
Operating expenses, net      
Administrative expenses (3,435) (2,814) (1,980)
Exploration in non-operating areas (5,002) (2,870) (4,619)
Selling expenses (784) (881) (938)
Impairment Recovery of long-lived assets 5,693    
Impairment loss of long-lived assets   (21,620) 0
Provision for contingencies and others (57) (1,370) 0
Write-off of stripping activity asset   0  
Other, net (669) (970) 4,237
Total operating expenses, net (4,254) (30,525) (3,300)
Operating profit (loss) (11,755) (18,435) 25,583
Other income (expense),net      
Share in the results of associates under equity method 0 0 0
Finance income 1,649 670 87
Net gain (loss) from currency exchange difference (224) 48 65
Finance costs (1,946) (1,919) (2,614)
Total other income (expenses), net (521) (1,201) (2,462)
Profit (loss) before income tax (12,276) (19,636) 23,121
Income tax   6,841 (18,256)
Income tax Current (24)    
Income tax Deffered (1,220)    
Profit (loss) from continued operations (13,520) (12,795) 4,865
Total assets 158,718 190,310 246,106
Total liability 68,615 87,008 129,689
Other segment information      
Investment in associates 0 0 0
Additions to mining concessions, development costs, property, plant and equipment 13,159 17,326 14,995
Tambomayo [Member]      
Operating income      
Net sale of goods 225,281 118,966 0
Net sale of services 0 0 0
Royalty income 0 0 0
Total operating income 225,281 118,966 0
Operating costs      
Cost of sales (92,829) (53,555) 0
Cost of services 0 0 0
Exploration in operating units (20,553) (9,543) 0
Depreciation and amortization (77,029) (42,789) 0
Mining royalties (1,936) (998) 0
Total operating costs (192,347) (106,885) 0
Gross profit (loss) 32,934 12,081 0
Operating expenses, net      
Administrative expenses (17,822) (9,139) (3,274)
Exploration in non-operating areas 0 (3,214) (7,517)
Selling expenses (3,046) (1,387) 0
Impairment Recovery of long-lived assets 0    
Impairment loss of long-lived assets   0 0
Provision for contingencies and others 1,263 (1,002) 69
Write-off of stripping activity asset   0  
Other, net (5,599) (175) 421
Total operating expenses, net (25,204) (14,917) (10,301)
Operating profit (loss) 7,730 (2,836) (10,301)
Other income (expense),net      
Share in the results of associates under equity method 0 0 0
Finance income 0 0 0
Net gain (loss) from currency exchange difference 209 10 57
Finance costs (262) (372) (137)
Total other income (expenses), net (53) (362) (80)
Profit (loss) before income tax 7,677 (3,198) (10,381)
Income tax   (538) 0
Income tax Current (656)    
Income tax Deffered 0    
Profit (loss) from continued operations 7,021 (3,736) (10,381)
Total assets 461,335 538,057 415,341
Total liability 28,502 32,501 582
Other segment information      
Investment in associates 0 0 0
Additions to mining concessions, development costs, property, plant and equipment 18,858 131,119 230,223
Operating Segments [Member]      
Operating income      
Net sale of goods 5,038,028 5,308,617 4,537,432
Net sale of services 120,436 127,762 120,455
Royalty income 20,385 20,739 24,339
Total operating income 5,178,849 5,457,118 4,682,226
Operating costs      
Cost of sales (3,655,839) (3,338,987) (3,101,711)
Cost of services (36,682) (46,365) (46,656)
Exploration in operating units (90,343) (94,928) (96,149)
Depreciation and amortization (241,257) (213,722) (192,647)
Mining royalties (21,525) (31,217) (27,611)
Total operating costs (4,045,646) (3,725,219) (3,464,774)
Gross profit (loss) 1,133,203 1,731,899 1,217,452
Operating expenses, net      
Administrative expenses (101,991) (98,350) (100,339)
Exploration in non-operating areas (37,514) (18,559) (27,789)
Selling expenses (31,808) (170,669) (158,296)
Impairment Recovery of long-lived assets 5,693    
Impairment loss of long-lived assets   (21,620) (889,499)
Provision for contingencies and others 11,061 (13,879) (565)
Write-off of stripping activity asset   (13,573)  
Other, net (62,844) (332,128) (114,855)
Total operating expenses, net (217,403) (668,778) (1,291,343)
Operating profit (loss) 915,800 1,063,121 (73,891)
Other income (expense),net      
Share in the results of associates under equity method (1,847) (36,420) (813,828)
Finance income 51,590 18,091 11,799
Net gain (loss) from currency exchange difference 1,896 19,678 (3,363)
Finance costs (508,059) (279,893) (130,584)
Total other income (expenses), net (456,420) (278,544) (935,976)
Profit (loss) before income tax 459,380 784,577 (1,009,867)
Income tax   (534,443) (387,606)
Income tax Current (395,872)    
Income tax Deffered (3,974)    
Profit (loss) from continued operations 59,534 250,134 (1,397,473)
Total assets 15,369,524 15,614,979 15,522,247
Total liability 5,248,748 5,315,362 5,500,328
Other segment information      
Investment in associates 1,473,382 1,536,887 1,536,607
Additions to mining concessions, development costs, property, plant and equipment 111,270 259,507 366,834
Elimination of intersegment amounts [member]      
Operating income      
Net sale of goods (3,915,033) (4,084,675) (3,521,762)
Net sale of services (96,435) (98,065) (91,673)
Royalty income 0 0 0
Total operating income (4,011,468) (4,182,740) (3,613,435)
Operating costs      
Cost of sales 3,030,355 2,711,554 2,603,899
Cost of services 32,364 33,411 35,902
Exploration in operating units 0 0 0
Depreciation and amortization (29) 0 0
Mining royalties (1) 0 0
Total operating costs 3,062,689 2,744,965 2,639,801
Gross profit (loss) (948,779) (1,437,775) (973,634)
Operating expenses, net      
Administrative expenses 23,231 14,753 18,647
Exploration in non-operating areas 1,207 297 1,200
Selling expenses 4,286 146,581 136,563
Impairment Recovery of long-lived assets 0    
Impairment loss of long-lived assets   0 889,499
Provision for contingencies and others 178 0 0
Write-off of stripping activity asset   0  
Other, net 57,832 318,539 133,812
Total operating expenses, net 86,734 480,170 1,179,721
Operating profit (loss) (862,045) (957,605) 206,087
Other income (expense),net      
Share in the results of associates under equity method 703 49,627 448,507
Finance income (41,904) (12,574) (4,969)
Net gain (loss) from currency exchange difference (3,262) (16,750) 6,001
Finance costs 469,603 245,270 99,004
Total other income (expenses), net 425,140 265,573 548,543
Profit (loss) before income tax (436,905) (692,032) 754,630
Income tax   516,431 334,102
Income tax Current 378,944    
Income tax Deffered (6,024)    
Profit (loss) from continued operations (63,985) (175,601) 1,088,732
Total assets (11,152,303) (11,282,166) (11,255,832)
Total liability (4,061,092) (4,046,176) (4,281,126)
Other segment information      
Investment in associates 0 0 0
Additions to mining concessions, development costs, property, plant and equipment 0 0 0
Minera Yanacocha S.R.L. [Member]      
Operating income      
Net sale of goods 635,393 645,176 761,193
Net sale of services 21,965 21,870 17,713
Royalty income 0 0 0
Total operating income 657,358 667,046 778,906
Operating costs      
Cost of sales (596,164) (746,918) (725,740)
Cost of services (2,217) (2,062) (2,951)
Exploration in operating units 0 0 0
Depreciation and amortization 0 0 0
Mining royalties 0 0 0
Total operating costs (598,381) (748,980) (728,691)
Gross profit (loss) 58,977 (81,934) 50,215
Operating expenses, net      
Administrative expenses (2,783) (4,760) (8,780)
Exploration in non-operating areas 0 0 0
Selling expenses (2,627) (3,922) (3,695)
Impairment Recovery of long-lived assets 0    
Impairment loss of long-lived assets   0 (889,499)
Provision for contingencies and others 0 0 0
Write-off of stripping activity asset   0  
Other, net (76,155) (63,512) (122,151)
Total operating expenses, net (81,565) (72,194) (1,024,125)
Operating profit (loss) (22,588) (154,128) (973,910)
Other income (expense),net      
Share in the results of associates under equity method 0 0 0
Finance income 11,448 5,831 2,132
Net gain (loss) from currency exchange difference (2,056) 3,636 (13,741)
Finance costs (39,024) (23,766) (15,107)
Total other income (expenses), net (29,632) (14,299) (26,716)
Profit (loss) before income tax (52,220) (168,427) (1,000,626)
Income tax   (7,026) (43,126)
Income tax Current (30,368)    
Income tax Deffered 1,071    
Profit (loss) from continued operations (81,517) (175,453) (1,043,752)
Total assets 2,047,472 2,019,332 2,045,825
Total liability 1,463,749 1,360,217 1,160,102
Other segment information      
Investment in associates 0 0 0
Additions to mining concessions, development costs, property, plant and equipment 0 0 0
Sociedad Minera Cerro Verde S.A.A. [Member]      
Operating income      
Net sale of goods 3,054,026 3,202,931 2,384,154
Net sale of services 0 0 0
Royalty income 0 0 0
Total operating income 3,054,026 3,202,931 2,384,154
Operating costs      
Cost of sales (2,216,663) (1,768,238) (1,553,040)
Cost of services 0 0 0
Exploration in operating units 0 0 0
Depreciation and amortization 0 0 0
Mining royalties 0 0 0
Total operating costs (2,216,663) (1,768,238) (1,553,040)
Gross profit (loss) 837,363 1,434,693 831,114
Operating expenses, net      
Administrative expenses 0 0 0
Exploration in non-operating areas 0 0 0
Selling expenses 0 (141,669) (131,391)
Impairment Recovery of long-lived assets 0    
Impairment loss of long-lived assets   0 0
Provision for contingencies and others 0 0 0
Write-off of stripping activity asset   0  
Other, net 0 (258,826) (24,107)
Total operating expenses, net 0 (400,495) (155,498)
Operating profit (loss) 837,363 1,034,198 675,616
Other income (expense),net      
Share in the results of associates under equity method 0 0 0
Finance income 28,089 5,350 954
Net gain (loss) from currency exchange difference 6,161 13,288 7,857
Finance costs (426,733) (216,912) (80,438)
Total other income (expenses), net (392,483) (198,274) (71,627)
Profit (loss) before income tax 444,880 835,924 603,989
Income tax 325,170 (486,043) (263,082)
Income tax Current (325,170) 430,974 141,153
Income tax Deffered 0 (167,541) 81,441
Profit (loss) from continued operations 119,710 349,881 340,907
Net loss 119,710,000 349,881,000 340,907,000
Total assets 7,554,712 7,691,007 7,635,623
Total liability 2,445,840 2,501,845 2,796,342
Other segment information      
Investment in associates 0 0 0
Additions to mining concessions, development costs, property, plant and equipment 0 0 0
Compania Minera Coimolache S.A. [Member]      
Operating income      
Net sale of goods 225,447 203,790 198,873
Net sale of services 0 0 0
Royalty income 0 0 0
Total operating income 225,447 203,790 198,873
Operating costs      
Cost of sales (170,866) (121,021) (107,913)
Cost of services 0 0 0
Exploration in operating units 0 0 0
Depreciation and amortization 0 0 0
Mining royalties 0 0 0
Total operating costs (170,866) (121,021) (107,913)
Gross profit (loss) 54,581 82,769 90,960
Operating expenses, net      
Administrative expenses (5,644) (3,829) (4,144)
Exploration in non-operating areas 0 0 0
Selling expenses (1,135) (946) (1,128)
Impairment Recovery of long-lived assets 0    
Impairment loss of long-lived assets   0 0
Provision for contingencies and others 0 0
Write-off of stripping activity asset   0  
Other, net (325) (587) 755
Total operating expenses, net (7,104) (5,362) (4,517)
Operating profit (loss) 47,477 77,407 86,443
Other income (expense),net      
Share in the results of associates under equity method 0 0 0
Finance income 358 220 38
Net gain (loss) from currency exchange difference (852) (174) (117)
Finance costs (2,935) (3,304) (1,614)
Total other income (expenses), net (3,429) (3,258) (1,693)
Profit (loss) before income tax 44,048 74,149 84,750
Income tax   (23,362) (27,894)
Income tax Current (23,405)    
Income tax Deffered 4,942    
Profit (loss) from continued operations 25,585 50,787 56,856
Total assets 361,669 380,534 334,555
Total liability 125,307 150,743 131,051
Other segment information      
Investment in associates 0 0 0
Additions to mining concessions, development costs, property, plant and equipment $ 0 $ 0 $ 0