XML 598 R156.htm IDEA: XBRL DOCUMENT v3.22.1
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Mining concessions, development costs, property, plant and equipment, net        
Opening balance $ 1,650,361 $ 1,754,372    
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net 1,537,870 1,650,361 $ 1,754,372  
Final balances 1,537,870 1,650,361 1,754,372  
Gross carrying amount [Member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 3,771,978 3,781,326    
Additions 93,282 109,325    
Disposals (13,033) (14,270)    
Sales (1,183) (104,403)    
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net 3,851,044 3,771,978 3,781,326  
Final balances 3,851,044 3,771,978 3,781,326  
Accumulated depreciation, amortisation and impairment [member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 2,095,342 1,998,596    
Additions 178,294 199,586    
Disposals (583) (1,595)    
Sales (1,064) 101,245    
Reclassifications and transfers 14,766      
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net 2,286,755 2,095,342 1,998,596  
Final balances 2,286,755 2,095,342 1,998,596  
Accumulated impairment [member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 26,275 28,358    
Additions 19,874      
Disposals (4,964) (2,083)    
Reclassifications and transfers (14,766)      
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net 26,419 26,275 28,358  
Final balances 26,419 26,275 28,358  
Land | Gross carrying amount [Member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 17,650 17,517    
Additions   133    
Reclassifications and transfers 53      
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net 17,703 17,650 17,517  
Final balances 17,703 17,650 17,517  
Mining concessions [Member] | Gross carrying amount [Member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 151,873 151,873    
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net 151,873 151,873 151,873  
Final balances 151,873 151,873 151,873  
Mining concessions [Member] | Accumulated depreciation, amortisation and impairment [member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 40,270 40,259    
Additions 7 11    
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net 40,277 40,270 40,259  
Final balances 40,277 40,270 40,259  
Development costs [Member] | Gross carrying amount [Member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 813,232 788,044    
Additions 31,749 33,233    
Sales   (8,657)    
Reclassifications and transfers   612    
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net 844,981 813,232 788,044  
Final balances 844,981 813,232 788,044  
Development costs [Member] | Accumulated depreciation, amortisation and impairment [member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 340,999 328,517    
Additions 20,582 21,139    
Sales   (8,657)    
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net 361,581 340,999 328,517  
Final balances 361,581 340,999 328,517  
Buildings and other constructions | Gross carrying amount [Member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 1,343,060 1,359,841    
Additions 31 99    
Disposals (11) (132)    
Sales   (45,624)    
Reclassifications and transfers 7,315 28,876    
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net 1,350,395 1,343,060 1,359,841  
Final balances 1,350,395 1,343,060 1,359,841  
Buildings and other constructions | Accumulated depreciation, amortisation and impairment [member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 698,324 667,319    
Additions 66,445 74,719    
Disposals (3) (53)    
Sales   (44,096)    
Reclassifications and transfers 928 435    
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net 765,694 698,324 667,319  
Final balances 765,694 698,324 667,319  
Machinery and equipment | Gross carrying amount [Member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 883,192 912,704    
Additions 5 4    
Disposals (393) (419)    
Sales (249) (42,319)    
Reclassifications and transfers 19,842 13,222    
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net 902,397 883,192 912,704  
Final balances 902,397 883,192 912,704  
Machinery and equipment | Accumulated depreciation, amortisation and impairment [member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 686,466 667,937    
Additions 56,384 60,034    
Disposals (340) (265)    
Sales (170) 40,805    
Reclassifications and transfers   (435)    
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net 742,340 686,466 667,937  
Final balances 742,340 686,466 667,937  
Transportation units [Member] | Gross carrying amount [Member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 8,409 8,892    
Additions 70      
Disposals (152)      
Sales (934) (577)    
Reclassifications and transfers 269 94    
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net 7,662 8,409 8,892  
Final balances 7,662 8,409 8,892  
Transportation units [Member] | Accumulated depreciation, amortisation and impairment [member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 7,083 7,026    
Additions 604 607    
Disposals (143)      
Sales (894) 550    
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net 6,650 7,083 7,026  
Final balances 6,650 7,083 7,026  
Fixtures and fittings [Member] | Gross carrying amount [Member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 11,737 12,010    
Additions 33 3    
Disposals (98) (74)    
Sales   (408)    
Reclassifications and transfers 98 206    
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net 11,770 11,737 12,010  
Final balances 11,770 11,737 12,010  
Fixtures and fittings [Member] | Accumulated depreciation, amortisation and impairment [member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 9,824 9,604    
Additions 601 614    
Disposals (97) (46)    
Sales   348    
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net 10,328 9,824 9,604  
Final balances 10,328 9,824 9,604  
Units in transit [Member] | Gross carrying amount [Member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 3,381 3,754    
Disposals (506) (373)    
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net 2,875 3,381 3,754  
Final balances 2,875 3,381 3,754  
Work in Progress [Member] | Gross carrying amount [Member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 34,934 50,365    
Additions 40,768 27,322    
Disposals (1,838) (325)    
Sales   (30)    
Reclassifications and transfers (27,577) (42,398)    
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net 46,287 34,934 50,365  
Final balances 46,287 34,934 50,365  
Stripping activity asset [Member] | Gross carrying amount [Member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 152,597 154,090    
Additions 17,653 10,752    
Disposals (6,763) (11,633)    
Reclassifications and transfers   (612)    
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net 163,487 152,597 154,090  
Final balances 163,487 152,597 154,090  
Stripping activity asset [Member] | Accumulated depreciation, amortisation and impairment [member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 111,455 88,923    
Additions 14,039 22,532    
Reclassifications and transfers 6,665      
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net 132,159 111,455 88,923  
Final balances 132,159 111,455 88,923  
Right-of-use assets [member] | Gross carrying amount [Member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 16,259 11,352    
Additions 2,973 6,221    
Disposals   (1,314)    
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net 19,232 16,259 11,352  
Final balances 19,232 16,259 11,352  
Right-of-use assets [member] | Accumulated depreciation, amortisation and impairment [member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 9,081 5,167    
Additions 4,813 5,145    
Disposals   (1,231)    
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net 13,894 9,081 5,167  
Final balances 13,894 9,081 5,167  
Mine closure costs [Member] | Gross carrying amount [Member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 335,654 310,884    
Additions   31,558    
Disposals (3,272)      
Sales   (6,788)    
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net 332,382 335,654 310,884  
Final balances 332,382 335,654 310,884  
Mine closure costs [Member] | Accumulated depreciation, amortisation and impairment [member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 191,840 183,844    
Additions 14,819 14,785    
Sales   (6,789)    
Reclassifications and transfers 7,173      
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net 213,832 191,840 183,844  
Final balances 213,832 191,840 183,844  
Mine closure costs [Member] | Accumulated impairment [member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 13,207 15,290    
Disposals (3,828) (2,083)    
Reclassifications and transfers (7,173)      
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net 2,206 13,207 15,290  
Final balances 2,206 13,207 15,290  
Mine Development Cost [Member] | Accumulated impairment [member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 10,153 10,153    
Reclassifications and transfers (6,665)      
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net 3,488 10,153 10,153  
Final balances 3,488 10,153 10,153  
Mining Concessions And Development Costs [Member] | Accumulated impairment [member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 2,915 2,915    
Additions 19,874      
Disposals (1,136)      
Reclassifications and transfers (928)      
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net 20,725 2,915 2,915  
Final balances 20,725 2,915 2,915  
Sociedad Minera Cerro Verde S.A.A. [Member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance $ 5,371,534 5,495,976 5,690,851  
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net   5,371,534 5,495,976 $ 5,690,851
Final balances   $ 5,371,534 5,495,976 5,690,851
Capitalized interest rate 2.88% 3.23%    
Sociedad Minera Cerro Verde S.A.A. [Member] | Gross carrying amount [Member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance $ 9,366,048 $ 9,026,755 8,753,310  
Additions   376,890 294,846  
Disposals   (19,131) (15,146)  
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net   9,366,048 9,026,755 8,753,310
Final balances   9,366,048 9,026,755 8,753,310
Sociedad Minera Cerro Verde S.A.A. [Member] | Accumulated depreciation, amortisation and impairment [member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 3,994,514 3,530,779 3,062,459  
Additions   482,688 483,285  
Disposals   (18,953) (14,965)  
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net   3,994,514 3,530,779 3,062,459
Final balances   3,994,514 3,530,779 3,062,459
Sociedad Minera Cerro Verde S.A.A. [Member] | Land | Gross carrying amount [Member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 30,382 24,905 24,905  
Additions   0 0  
Disposals   0 0  
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net   30,382 24,905 24,905
Final balances   30,382 24,905 24,905
Sociedad Minera Cerro Verde S.A.A. [Member] | Machinery and equipment | Gross carrying amount [Member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 5,098,359 4,985,749 4,854,613  
Additions   0 0  
Disposals   (14,967) (12,814)  
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net   5,098,359 4,985,749 4,854,613
Final balances   5,098,359 4,985,749 4,854,613
Sociedad Minera Cerro Verde S.A.A. [Member] | Machinery and equipment | Accumulated depreciation, amortisation and impairment [member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 2,569,972 2,305,568    
Additions   279,531 277,384 2,040,819
Disposals   (14,891) (12,635)  
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net   2,569,972 2,305,568  
Final balances   2,569,972 2,305,568  
Sociedad Minera Cerro Verde S.A.A. [Member] | Transportation units [Member] | Gross carrying amount [Member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 33,382 30,098 26,365  
Additions   0 0  
Disposals   (1,132) 0  
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net   33,382 30,098 26,365
Final balances   33,382 30,098 26,365
Sociedad Minera Cerro Verde S.A.A. [Member] | Transportation units [Member] | Accumulated depreciation, amortisation and impairment [member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 18,627 17,698 15,872  
Additions   1,969 1,826  
Disposals   (1,040) 0  
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net   18,627 17,698 15,872
Final balances   18,627 17,698 15,872
Sociedad Minera Cerro Verde S.A.A. [Member] | Fixtures and fittings [Member] | Gross carrying amount [Member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 572 949 949  
Additions   0 0  
Disposals   (377) 0  
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net   572 949 949
Final balances   572 949 949
Sociedad Minera Cerro Verde S.A.A. [Member] | Fixtures and fittings [Member] | Accumulated depreciation, amortisation and impairment [member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 551 904 881  
Additions   23 23  
Disposals   (376) 0  
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net   551 904 881
Final balances   551 904 881
Sociedad Minera Cerro Verde S.A.A. [Member] | Work in Progress [Member] | Gross carrying amount [Member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 126,527 118,430 158,068  
Additions   158,599 161,059  
Disposals   0 0  
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net   126,527 118,430 158,068
Final balances   126,527 118,430 158,068
Sociedad Minera Cerro Verde S.A.A. [Member] | Trailing Dam Projects        
Mining concessions, development costs, property, plant and equipment, net        
Additions 30,100      
Additions for capitalization of interest 400 400    
Sociedad Minera Cerro Verde S.A.A. [Member] | Mine heavy equipment        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 17,600      
Additions 28,900      
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net   17,600    
Final balances   17,600    
Sociedad Minera Cerro Verde S.A.A. [Member] | Mine Maintenance Truck Shop [Member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 13,400      
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net   13,400    
Final balances   13,400    
Additions for capitalization of interest 1,000 1,400    
Sociedad Minera Cerro Verde S.A.A. [Member] | Haul Trucks [Member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 24,600      
Additions 3,200      
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net   24,600    
Final balances   24,600    
Sociedad Minera Cerro Verde S.A.A. [Member] | Operating Processes [Member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 14,800      
Additions 2,500      
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net   14,800    
Final balances   14,800    
Sociedad Minera Cerro Verde S.A.A. [Member] | Stators For Ball Mills [Member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 7,000      
Additions 18,700      
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net   7,000    
Final balances   7,000    
Additions for capitalization of interest 200 200    
Sociedad Minera Cerro Verde S.A.A. [Member] | Shovels [Member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 37,900      
Additions 9,200      
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net   37,900    
Final balances   37,900    
Sociedad Minera Cerro Verde S.A.A. [Member] | Belt Replacement Projects [Member]        
Mining concessions, development costs, property, plant and equipment, net        
Additions 7,900      
Sociedad Minera Cerro Verde S.A.A. [Member] | Mine Support Equipment [Member]        
Mining concessions, development costs, property, plant and equipment, net        
Additions 17,300      
Sociedad Minera Cerro Verde S.A.A. [Member] | Tailing Drain Expansion [Member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 10,400      
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net   10,400    
Final balances   10,400    
Sociedad Minera Cerro Verde S.A.A. [Member] | Primary Crusher [Member]        
Mining concessions, development costs, property, plant and equipment, net        
Additions 4,300      
Sociedad Minera Cerro Verde S.A.A. [Member] | Rollers [Member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 11,000      
Additions 9,000      
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net   11,000    
Final balances   11,000    
Sociedad Minera Cerro Verde S.A.A. [Member] | Other projects        
Mining concessions, development costs, property, plant and equipment, net        
Additions for capitalization of interest 300 500    
Sociedad Minera Cerro Verde S.A.A. [Member] | Stripping activity asset [Member] | Gross carrying amount [Member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 1,159,829 945,637 852,747  
Additions   214,192 92,890  
Disposals   0 0  
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net   1,159,829 945,637 852,747
Final balances   1,159,829 945,637 852,747
Sociedad Minera Cerro Verde S.A.A. [Member] | Stripping activity asset [Member] | Accumulated depreciation, amortisation and impairment [member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 791,571 678,041 553,732  
Additions   113,530 124,309  
Disposals   0 0  
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net   791,571 678,041 553,732
Final balances   791,571 678,041 553,732
Sociedad Minera Cerro Verde S.A.A. [Member] | Right-of-use assets [member] | Gross carrying amount [Member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 98,900 96,451 95,441  
Additions   4,099 3,328  
Disposals   (1,650) (2,318)  
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net   98,900 96,451 95,441
Final balances   98,900 96,451 95,441
Sociedad Minera Cerro Verde S.A.A. [Member] | Right-of-use assets [member] | Accumulated depreciation, amortisation and impairment [member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 30,408 19,589 10,585  
Additions   12,459 11,320  
Disposals   (1,640) (2,316)  
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net   30,408 19,589 10,585
Final balances   30,408 19,589 10,585
Sociedad Minera Cerro Verde S.A.A. [Member] | Other property, plant and equipment [Member] | Gross carrying amount [Member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance 35,395 30,965 25,100  
Additions   0 0  
Disposals   (92) 0  
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net   35,395 30,965 25,100
Final balances   35,395 30,965 25,100
Sociedad Minera Cerro Verde S.A.A. [Member] | Other property, plant and equipment [Member] | Accumulated depreciation, amortisation and impairment [member]        
Mining concessions, development costs, property, plant and equipment, net        
Opening balance $ 24,090 21,240 19,745  
Additions   2,942 1,495  
Disposals   (92) 0  
Mining concessions, development costs, right-of-use asset, property, plant and equipment, net   24,090 21,240 19,745
Final balances   $ 24,090 $ 21,240 $ 19,745