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Consolidated statements of cash flows - USD ($)
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating activities      
Profit for the year $ 32,682,000 $ 602,935,000 $ (262,804,000)
Proceeds from sales of goods and services 782,421,000 809,668,000 945,631,000
Dividends received from associates 147,286,000 79,140,000 148,411,000
Recovery of taxes 48,417,000 32,793,000 28,191,000
Interest received 5,123,000 2,915,000 207,000
Dividends received from other investments 150,000 0 3,350,000
Royalty received 0 5,183,000 17,074,000
Proceeds from insurance claim 0 0 2,358,000
Payments to suppliers and third parties, and other net (484,868,000) (580,468,000) (608,689,000)
Payments to and for employees (136,612,000) (123,903,000) (125,773,000)
Income tax and royalties paid to Peruvian State (30,049,000) (82,637,000) (34,157,000)
Interest paid (39,590,000) (41,132,000) (14,504,000)
Short-term and low value lease payments (42,264,000) (41,352,000) (35,985,000)
Payments of royalties to third parties (12,832,000) (11,053,000) (6,970,000)
Payments for tax litigation (10,115,000) (7,488,000) (552,639,000)
Net increase (decrease) in operating liabilities:      
Net cash flows from (used in) operating activities 227,067,000 41,666,000 (233,495,000)
Cash flows of investing activities      
Proceeds from sale of investments in subsidiaries 27,003,000 0 3,640,000
Proceeds from sale of property, plant and equipment 9,689,000 13,116,000 739,000
Proceeds from sale of investments 245,000 1,577,000 0
Collection for sale of participation in Yanacocha 0 300,000,000 0
Collection for purchase of La Zanja shares 0 45,000,000 0
Payments for acquisition of property, plant and equipment (238,669,000) (151,973,000) (90,309,000)
Payments for acquisition of other assets (3,804,000) (290,000) (357,000)
Acquisition of investment in associate 0 (1,677,000) 0
Net cash flows from (used in) investing activities (205,536,000) 205,753,000 (86,287,000)
Cash flows of financing activities      
Proceeds from bank loans 49,000,000 0 50,000,000
Decrease (increase) of restricted time deposits 0 29,117,000 (29,242,000)
Senior notes bonds issued, net of issuance costs 0 0 539,300,000
Payments of financial obligations (31,034,000) (323,057,000) (21,585,000)
Payments of bank loans (49,000,000) (50,000,000) (65,793,000)
Dividends paid to controlling interest (18,542,000) (18,542,000) 0
Lease payments (4,475,000) (4,638,000) (5,205,000)
Dividends paid to non-controlling interest (1,642,000) (2,647,000) (6,160,000)
Decrease (increase) of bank accounts in trust 34,000 (733,000) 17,000
Net cash flows from (used in) financing activities (55,659,000) (370,500,000) 461,332,000
Increase (decrease) in cash and cash equivalents for the year, net (34,128,000) (123,081,000) 141,550,000
Cash and cash equivalents at beginning of year 253,918,000 376,999,000 235,449,000
Cash and cash equivalents at year-end 219,790,000 253,918,000 376,999,000
Financing and investing activities not affecting cash flows:      
Leases additions 1,150,000 11,712,000 2,972,000
Due from for sales of properties and concessions 2,744,000 2,119,000 7,481,000
Changes in estimates of mine closure plans 11,879,000 (21,869,000) (3,272,000)
Unrealized income (loss) in investments 3,000 (101,000) (335,000)
Transactions with no effects in cash flows:      
Increase of right-of-use assets 1,900,000 11,700,000  
Sociedad Minera Cerro Verde S.A.A      
Operating activities      
Profit for the year 778,964,000 925,353,000 1,191,474,000
Adjustments to reconcile profit after income tax to net cash flows from operating activities:      
Income tax expense 553,415,000 528,214,000 750,082,000
Depreciation and amortization 543,658,000 504,750,000 484,218,000
Work in progress stockpiles write-off 1,527,000 7,668,000  
Accretion on the provision for remediation and mine closure 9,917,000 4,566,000 3,715,000
Loss on materials obsolescence, net 12,496,000 4,053,000 3,622,000
Loss on asset values impairment 3,546,000 0  
Gain on sale of property, plant and equipment 138,000 (279,000) (255,000)
Provision of mining royalties dispute 0 0 15,311,000
Gain on uncertain income tax positions (1,617,000) (19,667,000) (14,379,000)
Profit sharing adjustments 0 (1,585,000) (1,002,000)
Canceled capital projects 2,164,000 18,000 195,000
Share-based payments cost 2,776,000 2,502,000 2,894,000
Net (increase) decrease in operating assets:      
Trade and other receivables 113,420,000 (95,416,000) (4,477,000)
Other accounts receivable 1,178,000 (4,057,000) 3,018,000
Inventories and stockpiles and ore on leach pads (22,305,000) (58,111,000) (26,792,000)
Other non-financial assets 52,204,000 (22,430,000) (27,660,000)
Net increase (decrease) in operating liabilities:      
Trade and other payables (31,375,000) 60,574,000 34,735,000
Other accounts payable (16,713,000) (7,140,000) (28,200,000)
Benefits to employees (26,396,000) (16,695,000) 60,581,000
Other provisions 2,129,000 (3,310,000) (2,883,000)
Mining royalties dispute payments 0 0 (420,963,000)
Interest paid (not included in the financing activities) (1,774,000) (3,934,000) (9,674,000)
Interest on lease payments (3,685,000) (3,912,000) (4,371,000)
Income tax paid (606,409,000) (934,101,000) (315,861,000)
Net cash flows from (used in) operating activities 1,367,258,000 867,061,000 1,693,328,000
Cash flows of investing activities      
Proceeds from sale of property, plant and equipment 2,277,000 384,000 423,000
Payments for acquisition of property, plant and equipment (312,206,000) (206,354,000) (155,912,000)
Purchases of intangibles assets 0 0 (6,951,000)
Stripping activity asset (344,054,000) (304,198,000) (214,192,000)
Net cash flows from (used in) investing activities (653,983,000) (510,168,000) (376,632,000)
Cash flows of financing activities      
Proceeds from bank loans 0 325,000,000  
Payments of bank loans 0 (325,000,000) (200,000,000)
Lease payments (7,423,000) (12,327,000) (12,746,000)
Payments of revolving credit facility 0 (325,000,000)  
Dividends (750,000,000) (400,000,000) (700,000,000)
Other financial payments 0 (3,482,000)  
Net cash flows from (used in) financing activities (757,423,000) (740,809,000) (912,746,000)
Increase (decrease) in cash and cash equivalents for the year, net (44,148,000) (383,916,000) 403,950,000
Cash and cash equivalents at beginning of year 553,764,000 937,680,000 533,730,000
Cash and cash equivalents at year-end 509,616,000 553,764,000 937,680,000
Transactions with no effects in cash flows:      
Changes on the provision for remediation and mine closure $ (40,425,000) $ 17,812,000 $ 18,271,000