Other operating expenses

12 Months Ended

Dec. 31, 2018

Sociedad Minera Cerro Verde S.A.A. [Member]

Disclosure Other operational expenses [Line Items]

Disclosure of other operating expense [text block]

17.

Other operating expenses

This item is made up as follows:

	For the year ended December 31, 2018		For the year ended December 31, 2017		For the year ended December 31, 2016
	US$(000)		US$(000)		US$(000)

Royalties, ITAN and penalties (a)		55,088		243,798		-
Other expenses		13,595		15,028		24,107

		68,683		258,826		24,107

(a)

For the year ended December 31, 2018, mainly represents penalties for income tax related to disputed mining royalties for the year 2006 through the year 2011 of US$33.8 million, penalties on disputed mining royalties for the period January 2009 through December 2013 of US$17.7 million and profit sharing adjustments related to GEM refund of US$3.6 million.

For the year ended December 31, 2017, represents disputed royalties for the period December 2006 through September 2011 of US$174.8 million, ITAN for the years 2009 to 2013 of US$33.6 million, profit sharing adjustments related to mining royalties of US$29.2 million and penalties on disputed royalties for the period December 2006 through the year 2008 of US$6.2 million. Disputed royalties and special mining taxes for the period October 2011 through the year 2013 were recognized in “income tax expense” in the statements of comprehensive income.