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Consolidated statements of cash flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Operating activities      
Net profit (loss) for the year $ (28,459) $ (11,654) $ 64,435
Proceeds from sales 783,000 1,216,294 1,197,523
Recovery from value added and other taxes 45,712 106,656 102,548
Dividends received 33,388 46,792 9,823
Royalty received 23,001 20,013 21,565
Interest received 4,265 2,383 3,169
Proceeds from insurance claim 0 38,793 0
Payments to suppliers and third parties (610,737) (861,282) (872,467)
Payments to employees (137,300) (151,602) (160,891)
Payments for tax litigation (36,322) 0 0
Interest paid (28,266) (27,699) (30,402)
Income tax paid (24,935) (30,898) (38,121)
Payments of mining royalties (4,741) (13,190) (20,165)
Net (increase) decrease in operating liabilities:      
Net cash and cash equivalents provided by operating activities 47,065 346,260 212,582
Investing activities      
Proceeds from sale of concessions, development costs, property, plant and equipment to third parties 726 2,240 1,962
Additions to mining concessions, development costs, property, plant and equipment (102,627) (111,270) (259,507)
Payments for acquisition of other assets (3,700) (8,529) (5,405)
Proceeds from collection of loan to an associate 0 0 124,800
Net cash and cash equivalents used in investing activities (105,601) (117,559) (138,150)
Financing activities      
Proceeds from bank loans 55,000 95,000 341,215
Payments of bank loans (95,000) (95,000) (300,000)
Proceeds from financial obligations 161,894 0 80,000
Payments of financial obligations (186,152) (45,222) (32,599)
Short-term lease payments (7,596) 0 0
Dividends paid to controlling shareholders (22,098) (22,860) (22,099)
Dividends paid to non-controlling shareholders (6,500) (5,560) (6,036)
Increase of restricted bank accounts (166) (410) (285)
Acquisition of non-controlling interest 0 0 (621)
Net cash and cash equivalents provided by (used in) financing activities (100,618) (74,052) 59,575
Increase (decrease) in cash and cash equivalents for the year, net (159,154) 154,649 134,007
Cash and cash equivalents at beginning of year 369,200 214,551 80,544
Cash and cash equivalents at year-end 210,046 369,200 214,551
Financing and investing activities not affecting cash flows:      
Changes in mine closures plans 26,722 42,874 10,594
Accounts receivable from sale of assets 21,648 2,715 5,371
Fair value for contingent consideration liability (655) 1,815 1,773
Transactions with no effects in cash flows:      
Increase of right-of-use assets 3,700    
Minera Yanacocha Srl And Subsidiaries [Member]      
Operating activities      
Net profit (loss) for the year (95,257) (81,517) (175,454)
Income tax paid (12,600) (8,863) (27,911)
Adjustments to reconcile profit after income tax to net cash flows from operating activities:      
Depreciation and amortization 144,862 156,212 87,783
Provision of closure mines 142,129 16,285 124,214
Deferred income tax 0 (1,071) 0
Unwinding of discount of the provision for closure mines 36,709 36,015 21,769
Unwinding of discount of debt instruments 1,497 735 0
Write-off of fixed assets 1,204 0 1,368
Loss (gain) for fixed asset sales (5,996) 624 (603)
Write-down of ore on leach pads to realizable value 33,464 90,365 77,385
Reversal of the write-down of on ore inventories to realizable value (74,666) (63,778) (99,219)
Allowance for obsolescence of materials and supplies (1,417) 439 1,804
Net (increase) decrease in operating assets:      
Trade and other receivables 13,290 (7,580) (7,345)
Income tax collected(paid) 19,239 14,160 5,400
Value added tax credit (3,003) 13,856 29,543
Inventories and Stockpiles and ore on leach pads 42,326 7,120 103,334
Prepaid expenses (238) (345) (71)
Financial assets at fair value (561) 299 (5,000)
Net (increase) decrease in operating liabilities:      
Trade and other payables (6,980) 1,708 17,800
Income tax payable 32,201 8,897 8,287
Provisions, other accruals and liabilities 30,082 (2,494) (46,918)
Closure of mining units paid (23,889) (19,842) (21,376)
Cash flows from (used in) operations 284,996 170,088 122,701
Net cash and cash equivalents provided by operating activities 272,396 161,225 94,790
Investing activities      
Proceeds from sale of concessions, development costs, property, plant and equipment to third parties 8,088 4,821 2,235
Additions to mining concessions, development costs, property, plant and equipment (184,403) (117,636) (51,624)
Restricted cash (490) (48,127) 0
Net cash and cash equivalents used in investing activities (176,805) (160,942) (49,389)
Financing activities      
Short-term lease payments (296) 0 0
Payments for treasury shares 0 0 (47,911)
Proceeds from sale of shares 0 47,911 0
Net cash and cash equivalents provided by (used in) financing activities (296) 47,911 (47,911)
Increase (decrease) in cash and cash equivalents for the year, net 95,295 48,194 (2,510)
Cash and cash equivalents at beginning of year 723,208 675,014 677,524
Cash and cash equivalents at year-end 818,503 723,208 675,014
Transactions with no effects in cash flows:      
Addition of asset retirement and mine closure 158,967 27,275 97,326
Increase of right-of-use assets 1,045 0 0
Sociedads Minera Cerro Verde Saa [Member]      
Operating activities      
Net profit (loss) for the year 390,377 119,710 349,881
Income tax (216,369) (430,810) (282,273)
Adjustments to reconcile profit after income tax to net cash flows from operating activities:      
Income tax expense 317,205 366,998 486,043
Depreciation and amortization 535,000 512,298 456,467
Accretion on remediation and mine closure provision 4,049 4,322 4,595
Net loss on sale of Property, Plant and Equipment 279 964 185
Mining royalty dispute - charges 66,122 379,282 348,560
Mining royalty dispute - payments (186,953) (56,186) (52,787)
Net (increase) decrease in operating assets:      
Trade and other receivables (39,300) 67,475 (38,922)
Other accounts receivable 3,535 1,954 (5,776)
Inventories and Stockpiles and ore on leach pads (63,871) (49,371) 32,101
Other non-financial assets (38,741) (76,186) 226,969
Net (increase) decrease in operating liabilities:      
Trade and other payables 4,503 29,419 (13,663)
Other accounts payable 37,150 48,130 49,915
Provisions related to benefits to employees (8,276) (50,440) 33,258
Other provisions 52,559 (11,561) 70,648
Interest paid (not included in the financing activities) 37,226 47,442 50,510
Net cash and cash equivalents provided by operating activities 820,042 808,556 1,614,691
Investing activities      
Proceeds from sale of concessions, development costs, property, plant and equipment to third parties 1,243 109 37
Additions to mining concessions, development costs, property, plant and equipment (283,459) (280,183) (152,769)
Stripping activity asset (197,038) (177,327) (153,623)
Net cash and cash equivalents used in investing activities (479,254) (457,401) (306,355)
Financing activities      
Proceeds from bank loans 0 0 233,333
Payments of bank loans (200,000) (250,000) (353,333)
Short-term lease payments (10,479) 0 (161)
Payments of shareholders loans 0 0 (606,014)
Debt issuance costs 0 0 (12,085)
Dividends declared and paid (150,000) (200,000) 0
Net cash and cash equivalents provided by (used in) financing activities (360,479) (450,000) (738,260)
Increase (decrease) in cash and cash equivalents for the year, net (19,691) (98,845) 570,076
Cash and cash equivalents at beginning of year 501,182 600,027 29,951
Cash and cash equivalents at year-end 481,491 501,182 600,027
Non cash transactions      
Provision for remediation and mine closure $ 41,130 $ (32,017) $ (3,710)