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Finance costs and finance income (Tables)
12 Months Ended
Dec. 31, 2021
Finance costs and revenues [Line Items]  
Disclosure Of Detailed Information About Finance Cost And Finance Revenues [Text Block]

(a)

This caption is made up as follows:

    

2021

    

2020

    

2019

US$(000)

US$(000)

US$(000)

Finance revenues:

Interest on time deposits

 

338

 

1,074

 

4,971

Interests on third parties loans

203

355

460

Interests from financial instruments

114

Interests on loans to related parties, note 32(a)

 

89

 

114

 

86

Interests on tax claims

 

75

 

352

 

16

Other

 

303

 

155

 

280

 

1,122

 

2,050

 

5,813

Unrealized change of the fair value related to contingent consideration liability (b)

 

4,382

 

 

Accrual of other account receivable

 

448

 

 

237

Financial obligations amortized costs, note 16(g)

361

Total finance revenues

5,952

2,411

6,050

    

2021

    

2020

    

2019

US$(000)

US$(000)

US$(000)

Finance costs:

Interest on borrowings

 

17,166

 

23,178

 

28,418

Interest related to senior notes

 

13,343

 

 

Commissions for bond letters issued to SUNAT

 

12,124

 

 

Settlement of hedging financial instruments, note 34(c)

 

1,547

 

146

 

Tax on financial transactions

 

193

 

107

 

166

Interest on loans

 

43

 

55

 

1

Interest on commercial obligations

626

Other

 

 

37

 

141

 

44,416

 

24,149

 

28,726

Amortized cost of financial obligations, note 16(g)

8,837

Accretion expense for mine closure, note 15(b)

 

5,598

 

6,672

 

10,390

Accrual of debt issuance costs, note 16(g)

 

885

 

976

 

2,109

Accrual of costs for bond issuance, note 16(g)

 

717

 

 

Accretion expense for leases related to rights in use, note 16(g)

176

180

293

Unrealized change of the fair value related to contingent consideration liability (b)

 

 

5,690

 

655

Other

155

60,629

37,822

42,173

Schedule of contingent liabilities in business combination
(c)A reconciliation of fair value measurement of the contingent consideration liability is provided below:

    

2021

    

2020

    

2019

US$(000)

US$(000)

US$(000)

Beginning balance

 

22,100

 

16,410

 

15,755

Variation of the fair value in profit and loss

 

(4,382)

 

5,690

 

655

Ending balance

 

17,718

 

22,100

 

16,410

Schedule of significant unobservable valuation input

Significant unobservable valuation inputs are provided below:

    

2021

    

2020

Annual average of future sales of mineral (US$000)

 

193,972

 

222,238

Useful life of mining properties

 

14

 

14

Pre-tax discount rate (%)

 

9.7

 

9.3

Minera Yanacocha SRL and subsidiary [Member]  
Finance costs and revenues [Line Items]  
Schedule of Finance cost

This caption is made up as follows:

    

2021

    

2020

    

2019

US$(000)

US$(000)

US$(000)

Interest on tax contingency and others, note 24

 

54,580

 

 

16,938

Unwinding of the discount of the provision for mining closure, note 13(b)

 

33,609

 

32,049

 

36,709

Commissions of guarantee letters

 

3,059

 

3,153

 

2,485

Unwinding of debt instruments, note 15

 

1,722

 

1,497

 

1,497

 

 

 

 

92,970

 

36,699

 

57,629