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Property, plant, equipment and development costs (Details) - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2023 | Dec. 31, 2022
Property, plant, equipment and development costs |  |
Opening balance | $ 1,535,195 | $ 1,537,870
Final balances | 1,600,295 | 1,535,195
Gross carrying amount [Member] |  |
Property, plant, equipment and development costs |  |
Opening balance | 3,918,330 | 3,810,767
Additions | 276,074 | 164,784
Disposals | (1,662) | (45,210)
Sales | (5,954) | (1,854)
Changes in estimations | 12,934 | (10,157)
Reclassifications and transfers | (34,026) | 0
Final balances | 4,165,696 | 3,918,330
Accumulated depreciation, amortisation and impairment [member] |  |
Property, plant, equipment and development costs |  |
Opening balance | 2,376,590 | 2,246,478
Additions | 188,116 | 173,233
Disposals | (314) | (41,280)
Sales | (5,536) | 1,841
Changes in estimations | 0 | 0
Reclassifications and transfers | 0 | 0
Final balances | 2,558,856 | 2,376,590
Accumulated impairment [member] |  |
Property, plant, equipment and development costs |  |
Opening balance | 6,545 | 26,419
Additions | 0 | 0
Disposals | 0 | (19,874)
Sales | 0 | 0
Changes in estimations | 0 | 0
Reclassifications and transfers | 0 | 0
Final balances | 6,545 | 6,545
Land | Gross carrying amount [Member] |  |
Property, plant, equipment and development costs |  |
Opening balance | 18,765 | 17,703
Additions | 0 | 0
Disposals | 0 | 0
Sales | 0 | 0
Changes in estimations | 0 | 0
Reclassifications and transfers | 0 | 1,062
Final balances | 18,765 | 18,765
Mining concessions | Gross carrying amount [Member] |  |
Property, plant, equipment and development costs |  |
Opening balance | 111,590 | 111,596
Additions | 0 | 0
Disposals | 0 | (6)
Sales | 0 | 0
Changes in estimations | 0 | 0
Reclassifications and transfers | (34,023) | 0
Final balances | 77,567 | 111,590
Development costs | Gross carrying amount [Member] |  |
Property, plant, equipment and development costs |  |
Opening balance | 912,722 | 853,020
Additions | 89,127 | 59,702
Disposals | (8) | 0
Sales | 0 | 0
Changes in estimations | 0 | 0
Reclassifications and transfers | 0 | 0
Final balances | 1,001,841 | 912,722
Development costs | Accumulated depreciation, amortisation and impairment [member] |  |
Property, plant, equipment and development costs |  |
Opening balance | 402,469 | 375,562
Additions | 23,802 | 26,907
Disposals | 0 | 0
Sales | 0 | 0
Changes in estimations | 0 | 0
Reclassifications and transfers | 0 | 0
Final balances | 426,271 | 402,469
Development costs | Accumulated impairment [member] |  |
Property, plant, equipment and development costs |  |
Reclassifications and transfers | 0 | 0
Buildings, constructions and other | Gross carrying amount [Member] |  |
Property, plant, equipment and development costs |  |
Opening balance | 1,353,782 | 1,350,395
Additions | 0 | 0
Disposals | 0 | (123)
Sales | (5,193) | 0
Changes in estimations | 0 | 0
Reclassifications and transfers | 27,011 | 3,510
Final balances | 1,375,600 | 1,353,782
Buildings, constructions and other | Accumulated depreciation, amortisation and impairment [member] |  |
Property, plant, equipment and development costs |  |
Opening balance | 823,918 | 765,694
Additions | 55,919 | 58,345
Disposals | 0 | (121)
Sales | 0 | 0
Changes in estimations | 0 | 0
Reclassifications and transfers | 0 | 0
Final balances | 879,837 | 823,918
Machinery and equipment | Gross carrying amount [Member] |  |
Property, plant, equipment and development costs |  |
Opening balance | 874,015 | 902,397
Additions | 1 | 10
Disposals | (233) | (41,053)
Sales | 0 | (34)
Changes in estimations | 0 | 0
Reclassifications and transfers | 15,428 | 12,695
Final balances | 889,211 | 874,015
Machinery and equipment | Accumulated depreciation, amortisation and impairment [member] |  |
Property, plant, equipment and development costs |  |
Opening balance | 744,649 | 742,340
Additions | 37,510 | 42,698
Disposals | (223) | (40,355)
Sales | (4,792) | 34
Changes in estimations | 0 | 0
Reclassifications and transfers | 0 | 0
Final balances | 777,144 | 744,649
Transportation units | Gross carrying amount [Member] |  |
Property, plant, equipment and development costs |  |
Opening balance | 5,657 | 7,662
Additions | 0 | 15
Disposals | (89) | (277)
Sales | (761) | (1,816)
Changes in estimations | 0 | 0
Reclassifications and transfers | 723 | 73
Final balances | 5,530 | 5,657
Transportation units | Accumulated depreciation, amortisation and impairment [member] |  |
Property, plant, equipment and development costs |  |
Opening balance | 5,172 | 6,650
Additions | 301 | 478
Disposals | (85) | (153)
Sales | (744) | 1,803
Changes in estimations | 0 | 0
Reclassifications and transfers | 0 | 0
Final balances | 4,644 | 5,172
Furniture and fixtures | Gross carrying amount [Member] |  |
Property, plant, equipment and development costs |  |
Opening balance | 11,071 | 11,770
Additions | 2 | 0
Disposals | (6) | (702)
Sales | 0 | (4)
Changes in estimations | 0 | 0
Reclassifications and transfers | 464 | 7
Final balances | 11,531 | 11,071
Furniture and fixtures | Accumulated depreciation, amortisation and impairment [member] |  |
Property, plant, equipment and development costs |  |
Opening balance | 10,221 | 10,328
Additions | 457 | 548
Disposals | (6) | (651)
Sales | 0 | 4
Changes in estimations | 0 | 0
Reclassifications and transfers | 0 | 0
Final balances | 10,672 | 10,221
Units in transit | Gross carrying amount [Member] |  |
Property, plant, equipment and development costs |  |
Opening balance | 15,686 | 2,875
Additions | 36,452 | 12,811
Disposals | 0 | 0
Sales | 0 | 0
Changes in estimations | 0 | 0
Reclassifications and transfers | 0 | 0
Final balances | 52,138 | 15,686
Work in progress | Gross carrying amount [Member] |  |
Property, plant, equipment and development costs |  |
Opening balance | 91,468 | 46,287
Additions | 139,610 | 65,577
Disposals | (1,326) | (3,049)
Sales | 0 | 0
Changes in estimations | 0 | 0
Reclassifications and transfers | (43,629) | (17,347)
Final balances | 186,123 | 91,468
Stripping activity asset | Gross carrying amount [Member] |  |
Property, plant, equipment and development costs |  |
Opening balance | 182,117 | 155,448
Additions | 8,953 | 26,669
Disposals | 0 | 0
Sales | 0 | 0
Changes in estimations | 0 | 0
Reclassifications and transfers | 0 | 0
Final balances | 191,070 | 182,117
Stripping activity asset | Accumulated depreciation, amortisation and impairment [member] |  |
Property, plant, equipment and development costs |  |
Opening balance | 139,947 | 118,178
Additions | 51,123 | 21,769
Disposals | 0 | 0
Sales | 0 | 0
Changes in estimations | 0 | 0
Reclassifications and transfers | 0 | 0
Final balances | 191,070 | 139,947
Right-of-use asset | Gross carrying amount [Member] |  |
Property, plant, equipment and development costs |  |
Opening balance | 30,944 | 19,232
Additions | 1,929 | 0
Disposals | 0 | 0
Sales | 0 | 0
Changes in estimations | 1,055 | 11,712
Reclassifications and transfers | 0 | 0
Final balances | 33,928 | 30,944
Right-of-use asset | Accumulated depreciation, amortisation and impairment [member] |  |
Property, plant, equipment and development costs |  |
Opening balance | 18,184 | 13,894
Additions | 3,988 | 4,290
Disposals | 0 | 0
Sales | 0 | 0
Changes in estimations | 0 | 0
Reclassifications and transfers | 0 | 0
Final balances | 22,172 | 18,184
Mine closure costs | Gross carrying amount [Member] |  |
Property, plant, equipment and development costs |  |
Opening balance | 310,513 | 332,382
Additions | 0 | 0
Disposals | 0 | 0
Sales | 0 | 0
Changes in estimations | 11,879 | (21,869)
Reclassifications and transfers | 0 | 0
Final balances | 322,392 | 310,513
Mine closure costs | Accumulated depreciation, amortisation and impairment [member] |  |
Property, plant, equipment and development costs |  |
Opening balance | 232,030 | 213,832
Additions | 15,016 | 18,198
Disposals | 0 | 0
Sales | 0 | 0
Changes in estimations | 0 | 0
Reclassifications and transfers | 0 | 0
Final balances | 247,046 | 232,030
Mine closure costs | Accumulated impairment [member] |  |
Property, plant, equipment and development costs |  |
Opening balance | 2,206 | 2,206
Additions | 0 | 0
Disposals | 0 | 0
Sales | 0 | 0
Changes in estimations | 0 | 0
Reclassifications and transfers | 0 | 0
Final balances | 2,206 | 2,206
Mine Development Cost [Member] | Accumulated impairment [member] |  |
Property, plant, equipment and development costs |  |
Opening balance | 3,488 | 3,488
Additions | 0 | 0
Disposals | 0 | 0
Sales | 0 | 0
Changes in estimations | 0 | 0
Final balances | 3,488 | 3,488
Mining Concessions And Development Costs [Member] | Accumulated impairment [member] |  |
Property, plant, equipment and development costs |  |
Opening balance | 851 | 20,725
Additions | 0 | 0
Disposals | 0 | (19,874)
Sales | 0 | 0
Changes in estimations | 0 | 0
Reclassifications and transfers | 0 | 0
Final balances | 851 | 851
Sociedad Minera Cerro Verde S.A.A. |  |
Property, plant, equipment and development costs |  |
Opening balance | 5,387,377 | 5,371,534
Final balances | 5,528,663 | 5,387,377
Sociedad Minera Cerro Verde S.A.A. | Gross carrying amount [Member] |  |
Property, plant, equipment and development costs |  |
Opening balance | 9,826,584 | 9,366,048
Additions | 650,302 | 536,355
Disposals | (86,593) | (57,988)
Reclassifications and transfers | 0 | 0
Final balances | 10,428,554 | 9,826,584
Sociedad Minera Cerro Verde S.A.A. | Accumulated depreciation, amortisation and impairment [member] |  |
Property, plant, equipment and development costs |  |
Opening balance | 4,439,207 | 3,994,514
Additions | 521,404 | 502,408
Disposals | (80,632) | (57,715)
Reclassifications and transfers | 0 | 0
Final balances | 4,899,891 | 4,439,207
Sociedad Minera Cerro Verde S.A.A. | Land | Gross carrying amount [Member] |  |
Property, plant, equipment and development costs |  |
Opening balance | 33,202 | 30,382
Additions | 0 | 0
Disposals | 0 | 0
Reclassifications and transfers | 360 | 2,820
Final balances | 33,562 | 33,202
Sociedad Minera Cerro Verde S.A.A. | Machinery and equipment | Gross carrying amount [Member] |  |
Property, plant, equipment and development costs |  |
Opening balance | 5,197,630 | 5,098,359
Additions | 0 | 0
Disposals | (49,382) | (54,732)
Reclassifications and transfers | 194,037 | 155,044
Final balances | 5,342,285 | 5,197,630
Sociedad Minera Cerro Verde S.A.A. | Machinery and equipment | Accumulated depreciation, amortisation and impairment [member] |  |
Property, plant, equipment and development costs |  |
Opening balance | 2,787,467 | 2,569,972
Additions | 290,691 | 272,528
Disposals | (46,980) | (54,519)
Reclassifications and transfers | 123 | 141
Final balances | 3,031,301 | 2,787,467
Sociedad Minera Cerro Verde S.A.A. | Transportation units | Gross carrying amount [Member] |  |
Property, plant, equipment and development costs |  |
Opening balance | 36,377 | 33,382
Additions | 0 | 0
Disposals | (133) | 0
Reclassifications and transfers | 4,388 | 2,995
Final balances | 40,632 | 36,377
Sociedad Minera Cerro Verde S.A.A. | Transportation units | Accumulated depreciation, amortisation and impairment [member] |  |
Property, plant, equipment and development costs |  |
Opening balance | 20,787 | 18,627
Additions | 2,514 | 2,160
Disposals | (120) | 0
Reclassifications and transfers | 0 | 0
Final balances | 23,181 | 20,787
Sociedad Minera Cerro Verde S.A.A. | Furniture and fixtures | Gross carrying amount [Member] |  |
Property, plant, equipment and development costs |  |
Opening balance | 572 | 572
Additions | 0 | 0
Disposals | 0 | 0
Reclassifications and transfers | 0 | 0
Final balances | 572 | 572
Sociedad Minera Cerro Verde S.A.A. | Furniture and fixtures | Accumulated depreciation, amortisation and impairment [member] |  |
Property, plant, equipment and development costs |  |
Opening balance | 572 | 551
Additions | 0 | 21
Disposals | 0 | 0
Reclassifications and transfers | 0 | 0
Final balances | 572 | 572
Sociedad Minera Cerro Verde S.A.A. | Work in progress | Gross carrying amount [Member] |  |
Property, plant, equipment and development costs |  |
Opening balance | 184,265 | 126,527
Additions | 302,302 | 227,216
Disposals | 0 | 0
Reclassifications and transfers | (299,335) | (169,459)
Final balances | 185,068 | 184,265
Sociedad Minera Cerro Verde S.A.A. | Mine heavy equipment |  |
Property, plant, equipment and development costs |  |
Additions | 42,900 | 36,100
Sociedad Minera Cerro Verde S.A.A. | Stators For Ball Mills [Member] |  |
Property, plant, equipment and development costs |  |
Additions |  | 10,700
Sociedad Minera Cerro Verde S.A.A. | Tailings dam projects |  |
Property, plant, equipment and development costs |  |
Additions | 52,500 | 55,500
Sociedad Minera Cerro Verde S.A.A. | Belt Replacement Projects [Member] |  |
Property, plant, equipment and development costs |  |
Additions |  | 11,100
Sociedad Minera Cerro Verde S.A.A. | Mine Support Equipment [Member] |  |
Property, plant, equipment and development costs |  |
Additions | 80,200 | 32,600
Sociedad Minera Cerro Verde S.A.A. | Expansion of a leach paid |  |
Property, plant, equipment and development costs |  |
Additions | 36,100 |
Sociedad Minera Cerro Verde S.A.A. | Direct Flotation Reactor Technology Project [Member] |  |
Property, plant, equipment and development costs |  |
Additions | 21,800 | 11,000
Sociedad Minera Cerro Verde S.A.A. | Flotation Recovery Technology [Member] |  |
Property, plant, equipment and development costs |  |
Additions |  | 8,500
Sociedad Minera Cerro Verde S.A.A. | Stripping activity asset | Gross carrying amount [Member] |  |
Property, plant, equipment and development costs |  |
Opening balance | 1,464,027 | 1,159,829
Additions | 344,054 | 304,198
Disposals | 0 | 0
Reclassifications and transfers | 0 | 0
Final balances | 1,808,081 | 1,464,027
Sociedad Minera Cerro Verde S.A.A. | Stripping activity asset | Accumulated depreciation, amortisation and impairment [member] |  |
Property, plant, equipment and development costs |  |
Opening balance | 925,757 | 791,571
Additions | 133,810 | 134,186
Disposals | 0 | 0
Reclassifications and transfers | 0 | 0
Final balances | 1,059,567 | 925,757
Sociedad Minera Cerro Verde S.A.A. | Right-of-use asset | Gross carrying amount [Member] |  |
Property, plant, equipment and development costs |  |
Opening balance | 97,356 | 98,900
Additions | 3,946 | 4,941
Disposals | (1,114) | (3,137)
Reclassifications and transfers | (409) | (3,348)
Final balances | 99,779 | 97,356
Sociedad Minera Cerro Verde S.A.A. | Right-of-use asset | Accumulated depreciation, amortisation and impairment [member] |  |
Property, plant, equipment and development costs |  |
Opening balance | 39,851 | 30,408
Additions | 11,117 | 12,708
Disposals | (1,114) | (3,124)
Reclassifications and transfers | (123) | (141)
Final balances | 49,731 | 39,851
Sociedad Minera Cerro Verde S.A.A. | Property, plant and other | Gross carrying amount [Member] |  |
Property, plant, equipment and development costs |  |
Opening balance | 36,222 | 35,395
Additions | 0 | 0
Disposals | 0 | (58)
Reclassifications and transfers | 182 | 885
Final balances | 36,404 | 36,222
Sociedad Minera Cerro Verde S.A.A. | Property, plant and other | Accumulated depreciation, amortisation and impairment [member] |  |
Property, plant, equipment and development costs |  |
Opening balance | 27,168 | 24,090
Additions | 3,118 | 3,136
Disposals | 0 | (58)
Reclassifications and transfers | 0 | 0
Final balances | $ 30,286 | $ 27,168

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