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Consolidated statements of profit or loss - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Continuing operations      
Sales of goods $ 637,619,000 $ 821,930,000 $ 1,106,329,000
Sales of services 20,285,000 23,661,000 24,001,000
Royalty income 18,638,000 22,297,000 20,385,000
Total sales 676,542,000 867,888,000 1,150,715,000
Operating costs      
Cost of sales of goods, excluding depreciation and amortization (393,888,000) (512,874,000) (613,381,000)
Unabsorbed cost due to production stoppage (27,758,000) 0 0
Cost of sales of services, excluding depreciation and amortization (1,554,000) (3,378,000) (4,318,000)
Depreciation and amortization (189,620,000) (226,335,000) (238,879,000)
Exploration in operating units (28,044,000) (44,163,000) (89,730,000)
Mining royalties (11,749,000) (12,832,000) (21,388,000)
Total operating costs (652,613,000) (799,582,000) (967,696,000)
Gross profit 23,929,000 68,306,000 183,019,000
Operating expenses, net      
Administrative expenses (67,185,000) (76,297,000) (77,099,000)
Selling expenses (18,533,000) (24,313,000) (26,948,000)
Write-off of stripping activity asset (11,633,000) 0 0
Exploration in non-operating areas (8,475,000) (11,879,000) (36,307,000)
Reversal (provision) of contingencies and others (4,150,000) 2,968,000 11,248,000
Impairment recovery (loss) of long-lived assets 2,083,000 (2,083,000) 5,693,000
Other, net 2,690,000 (14,715,000) (1,308,000)
Total operating expenses, net (105,203,000) (126,319,000) (124,721,000)
Operating profit (loss) (81,274,000) (58,013,000) 58,298,000
Other income (expense), net      
Finance income 2,411,000 9,675,000 9,685,000
Finance costs (37,822,000) (42,173,000) (38,422,000)
Share in the results of associates and joint venture (9,517,000) 47,710,000 (1,144,000)
Net gain (loss) from currency exchange difference (4,116,000) (734,000) (1,384,000)
Profit (loss) before income tax (130,318,000) (43,535,000) 27,033,000
Income tax      
Current income tax (9,924,000) (11,911,000) (16,882,000)
Deferred income tax (15,506,000) 37,501,000 (9,997,000)
Total income tax (25,430,000) 25,590,000 (26,879,000)
Profit (loss) from continuing operations (155,748,000) (17,945,000) 154,000
Discontinued operations      
Net profit (loss) from discontinued operations attributable to equity holders of the parent 5,409,000 (10,514,000) (11,808,000)
Loss for the year (150,339,000) (28,459,000) (11,654,000)
Attributable to:      
Equity holders of the parent (135,718,000) (12,208,000) (13,445,000)
Non-controlling interest (14,621,000) (16,251,000) 1,791,000
Loss for the year $ (150,339,000) $ (28,459,000) $ (11,654,000)
Basic and diluted loss per share attributable to equity holders of the parent, stated in U.S. dollars $ (0.53) $ (0.05) $ (0.05)
Loss for continuing operations, basic and diluted per share attributable to equity holders of the parent, expressed in US dollars $ (0.56) $ (0.01) $ (0.02)
Minera Yanacocha SRL and subsidiary [Member]      
Continuing operations      
Sales of goods $ 592,394,000 $ 734,526,000 $ 658,653,000
Other operating revenue 27,768,000 4,776,000 21,965,000
Total sales 620,162,000 739,302,000 680,618,000
Operating costs      
Cost of sales of goods, excluding depreciation and amortization (666,456,000) (692,721,000) (619,424,000)
Other operating costs (1,247,000) (1,160,000) (2,217,000)
Total operating costs (667,703,000) (693,881,000) (621,641,000)
Gross profit (47,541,000) 45,421,000 58,977,000
Operating expenses, net      
Administrative expenses (1,227,000) (1,744,000) (2,783,000)
Selling expenses (1,922,000) (1,722,000) (2,627,000)
Other, net (34,322,000) (35,987,000) (76,155,000)
Total operating expenses, net (37,471,000) (39,453,000) (81,565,000)
Operating profit (loss) (85,012,000) 5,968,000 (22,588,000)
Other income (expense), net      
Finance income 8,100,000 18,430,000 11,448,000
Finance costs (36,699,000) (57,629,000) (39,024,000)
Net gain (loss) from currency exchange difference 1,180,000 2,902,000 (2,056,000)
Profit (loss) before income tax (112,431,000) (30,329,000) (52,220,000)
Income tax      
Current income tax (53,018,000) (64,928,000) (30,368,000)
Deferred income tax 0 0 1,071,000
Total income tax (53,018,000) (64,928,000) (29,297,000)
Discontinued operations      
Loss for the year (165,449,000) (95,257,000) (81,517,000)
Attributable to:      
Loss for the year (165,449,000) (95,257,000) (81,517,000)
Sociedads Minera Cerro Verde Saa [Member]      
Continuing operations      
Sales of goods 2,538,593,000 2,896,894,000 3,061,930,000
Operating costs      
Cost of sales of goods, excluding depreciation and amortization (1,809,255,000) (1,961,577,000) (2,018,876,000)
Gross profit 729,338,000 935,317,000 1,043,054,000
Operating expenses, net      
Selling expenses (97,680,000) (109,483,000) (137,008,000)
Other operating expenses (38,484,000) (38,116,000) (68,683,000)
Other operating income 6,157,000 680,000  
Total operating expenses, net (130,007,000) (146,919,000) (205,691,000)
Operating profit (loss) 599,331,000 788,398,000 837,363,000
Other income (expense), net      
Finance income 2,350,000 10,356,000 28,089,000
Finance costs (142,675,000) (115,877,000) (426,733,000)
Net gain (loss) from currency exchange difference 52,464,000 5,574,000 6,161,000
Profit (loss) before income tax 511,470,000 688,451,000 444,880,000
Income tax      
Total income tax 236,926,000 298,074,000 325,170,000
Discontinued operations      
Loss for the year 274,544,000 390,377,000 119,710,000
Attributable to:      
Loss for the year $ 274,544,000 $ 390,377,000 $ 119,710,000
Basic and diluted loss per share attributable to equity holders of the parent, stated in U.S. dollars $ 0.784 $ 1.115 $ 0.342