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Property, plant, equipment and development costs - Net cost (Details) - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2023 | Dec. 31, 2022
Mining concessions, development costs, property, plant and equipment, net |  |
Opening balance | $ 1,535,195 | $ 1,537,870
Final balances | 1,600,295 | 1,535,195
Sociedad Minera Cerro Verde S.A.A. |  |
Mining concessions, development costs, property, plant and equipment, net |  |
Opening balance | 5,387,377 | 5,371,534
Final balances | 5,528,663 | 5,387,377
Gross carrying amount [Member] |  |
Mining concessions, development costs, property, plant and equipment, net |  |
Opening balance | 3,918,330 | 3,810,767
Additions | 276,074 | 164,784
Sales and disposals | (1,662) | (45,210)
Sales | 5,954 | 1,854
Transfer/Other changes | (34,026) | 0
Final balances | 4,165,696 | 3,918,330
Gross carrying amount [Member] | Sociedad Minera Cerro Verde S.A.A. |  |
Mining concessions, development costs, property, plant and equipment, net |  |
Opening balance | 9,826,584 | 9,366,048
Additions | 650,302 | 536,355
Adjustments and reclassifications | 38,261 | (17,831)
Sales and disposals | (86,593) | (57,988)
Transfer/Other changes | 0 | 0
Final balances | 10,428,554 | 9,826,584
Accumulated depreciation, amortisation and impairment [member] |  |
Mining concessions, development costs, property, plant and equipment, net |  |
Opening balance | 2,376,590 | 2,246,478
Additions | 188,116 | 173,233
Sales and disposals | (314) | (41,280)
Sales | 5,536 | (1,841)
Transfer/Other changes | 0 | 0
Final balances | 2,558,856 | 2,376,590
Accumulated depreciation, amortisation and impairment [member] | Sociedad Minera Cerro Verde S.A.A. |  |
Mining concessions, development costs, property, plant and equipment, net |  |
Opening balance | 4,439,207 | 3,994,514
Additions | 521,404 | 502,408
Adjustments and reclassifications | 19,912 | 0
Sales and disposals | (80,632) | (57,715)
Transfer/Other changes | 0 | 0
Final balances | 4,899,891 | 4,439,207
Land | Gross carrying amount [Member] |  |
Mining concessions, development costs, property, plant and equipment, net |  |
Opening balance | 18,765 | 17,703
Additions | 0 | 0
Sales and disposals | 0 | 0
Sales | 0 | 0
Transfer/Other changes | 0 | 1,062
Final balances | 18,765 | 18,765
Land | Gross carrying amount [Member] | Sociedad Minera Cerro Verde S.A.A. |  |
Mining concessions, development costs, property, plant and equipment, net |  |
Opening balance | 33,202 | 30,382
Additions | 0 | 0
Adjustments and reclassifications | 0 | 0
Sales and disposals | 0 | 0
Transfer/Other changes | 360 | 2,820
Final balances | 33,562 | 33,202
Buildings and constructions [Member] | Gross carrying amount [Member] | Sociedad Minera Cerro Verde S.A.A. |  |
Mining concessions, development costs, property, plant and equipment, net |  |
Opening balance | 2,608,449 | 2,596,406
Additions | 0 | 0
Adjustments and reclassifications | 0 | 1,041
Sales and disposals | (35,964) | (61)
Transfer/Other changes | 100,777 | 11,063
Final balances | 2,673,262 | 2,608,449
Buildings and constructions [Member] | Accumulated depreciation, amortisation and impairment [member] | Sociedad Minera Cerro Verde S.A.A. |  |
Mining concessions, development costs, property, plant and equipment, net |  |
Opening balance | 595,921 | 522,381
Additions | 74,690 | 72,899
Adjustments and reclassifications | 19,912 | 655
Sales and disposals | (32,418) | (14)
Transfer/Other changes | 0 | 0
Final balances | 658,105 | 595,921
Machinery and equipment | Gross carrying amount [Member] |  |
Mining concessions, development costs, property, plant and equipment, net |  |
Opening balance | 874,015 | 902,397
Additions | 1 | 10
Sales and disposals | (233) | (41,053)
Sales | 0 | 34
Transfer/Other changes | 15,428 | 12,695
Final balances | 889,211 | 874,015
Machinery and equipment | Gross carrying amount [Member] | Sociedad Minera Cerro Verde S.A.A. |  |
Mining concessions, development costs, property, plant and equipment, net |  |
Opening balance | 5,197,630 | 5,098,359
Additions | 0 | 0
Adjustments and reclassifications | 0 | (1,041)
Sales and disposals | (49,382) | (54,732)
Transfer/Other changes | 194,037 | 155,044
Final balances | 5,342,285 | 5,197,630
Machinery and equipment | Accumulated depreciation, amortisation and impairment [member] |  |
Mining concessions, development costs, property, plant and equipment, net |  |
Opening balance | 744,649 | 742,340
Additions | 37,510 | 42,698
Sales and disposals | (223) | (40,355)
Sales | 4,792 | (34)
Transfer/Other changes | 0 | 0
Final balances | 777,144 | 744,649
Machinery and equipment | Accumulated depreciation, amortisation and impairment [member] | Sociedad Minera Cerro Verde S.A.A. |  |
Mining concessions, development costs, property, plant and equipment, net |  |
Opening balance | 2,787,467 | 2,569,972
Additions | 290,691 | 272,528
Adjustments and reclassifications | 0 | (655)
Sales and disposals | (46,980) | (54,519)
Transfer/Other changes | 123 | 141
Final balances | 3,031,301 | 2,787,467
Transportation units | Gross carrying amount [Member] |  |
Mining concessions, development costs, property, plant and equipment, net |  |
Opening balance | 5,657 | 7,662
Additions | 0 | 15
Sales and disposals | (89) | (277)
Sales | 761 | 1,816
Transfer/Other changes | 723 | 73
Final balances | 5,530 | 5,657
Transportation units | Gross carrying amount [Member] | Sociedad Minera Cerro Verde S.A.A. |  |
Mining concessions, development costs, property, plant and equipment, net |  |
Opening balance | 36,377 | 33,382
Additions | 0 | 0
Adjustments and reclassifications | 0 | 0
Sales and disposals | (133) | 0
Transfer/Other changes | 4,388 | 2,995
Final balances | 40,632 | 36,377
Transportation units | Accumulated depreciation, amortisation and impairment [member] |  |
Mining concessions, development costs, property, plant and equipment, net |  |
Opening balance | 5,172 | 6,650
Additions | 301 | 478
Sales and disposals | (85) | (153)
Sales | 744 | (1,803)
Transfer/Other changes | 0 | 0
Final balances | 4,644 | 5,172
Transportation units | Accumulated depreciation, amortisation and impairment [member] | Sociedad Minera Cerro Verde S.A.A. |  |
Mining concessions, development costs, property, plant and equipment, net |  |
Opening balance | 20,787 | 18,627
Additions | 2,514 | 2,160
Adjustments and reclassifications | 0 | 0
Sales and disposals | (120) | 0
Transfer/Other changes | 0 | 0
Final balances | 23,181 | 20,787
Fixtures and fittings | Gross carrying amount [Member] |  |
Mining concessions, development costs, property, plant and equipment, net |  |
Opening balance | 11,071 | 11,770
Additions | 2 | 0
Sales and disposals | (6) | (702)
Sales | 0 | 4
Transfer/Other changes | 464 | 7
Final balances | 11,531 | 11,071
Fixtures and fittings | Gross carrying amount [Member] | Sociedad Minera Cerro Verde S.A.A. |  |
Mining concessions, development costs, property, plant and equipment, net |  |
Opening balance | 572 | 572
Additions | 0 | 0
Adjustments and reclassifications | 0 | 0
Sales and disposals | 0 | 0
Transfer/Other changes | 0 | 0
Final balances | 572 | 572
Fixtures and fittings | Accumulated depreciation, amortisation and impairment [member] |  |
Mining concessions, development costs, property, plant and equipment, net |  |
Opening balance | 10,221 | 10,328
Additions | 457 | 548
Sales and disposals | (6) | (651)
Sales | 0 | (4)
Transfer/Other changes | 0 | 0
Final balances | 10,672 | 10,221
Fixtures and fittings | Accumulated depreciation, amortisation and impairment [member] | Sociedad Minera Cerro Verde S.A.A. |  |
Mining concessions, development costs, property, plant and equipment, net |  |
Opening balance | 572 | 551
Additions | 0 | 21
Adjustments and reclassifications | 0 | 0
Sales and disposals | 0 | 0
Transfer/Other changes | 0 | 0
Final balances | 572 | 572
Other equipment | Gross carrying amount [Member] | Sociedad Minera Cerro Verde S.A.A. |  |
Mining concessions, development costs, property, plant and equipment, net |  |
Opening balance | 36,222 | 35,395
Additions | 0 | 0
Adjustments and reclassifications | 0 | 0
Sales and disposals | 0 | (58)
Transfer/Other changes | 182 | 885
Final balances | 36,404 | 36,222
Other equipment | Accumulated depreciation, amortisation and impairment [member] | Sociedad Minera Cerro Verde S.A.A. |  |
Mining concessions, development costs, property, plant and equipment, net |  |
Opening balance | 27,168 | 24,090
Additions | 3,118 | 3,136
Adjustments and reclassifications | 0 | 0
Sales and disposals | 0 | (58)
Transfer/Other changes | 0 | 0
Final balances | 30,286 | 27,168
Work in Progress [Member] | Gross carrying amount [Member] |  |
Mining concessions, development costs, property, plant and equipment, net |  |
Opening balance | 91,468 | 46,287
Additions | 139,610 | 65,577
Sales and disposals | (1,326) | (3,049)
Sales | 0 | 0
Transfer/Other changes | (43,629) | (17,347)
Final balances | 186,123 | 91,468
Work in Progress [Member] | Gross carrying amount [Member] | Sociedad Minera Cerro Verde S.A.A. |  |
Mining concessions, development costs, property, plant and equipment, net |  |
Opening balance | 184,265 | 126,527
Additions | 302,302 | 227,216
Adjustments and reclassifications | (2,164) | (19)
Sales and disposals | 0 | 0
Transfer/Other changes | (299,335) | (169,459)
Final balances | 185,068 | 184,265
Right-of-use assets [member] | Gross carrying amount [Member] |  |
Mining concessions, development costs, property, plant and equipment, net |  |
Opening balance | 30,944 | 19,232
Additions | 1,929 | 0
Sales and disposals | 0 | 0
Sales | 0 | 0
Transfer/Other changes | 0 | 0
Final balances | 33,928 | 30,944
Right-of-use assets [member] | Gross carrying amount [Member] | Sociedad Minera Cerro Verde S.A.A. |  |
Mining concessions, development costs, property, plant and equipment, net |  |
Opening balance | 97,356 | 98,900
Additions | 3,946 | 4,941
Adjustments and reclassifications | 0 | 0
Sales and disposals | (1,114) | (3,137)
Transfer/Other changes | (409) | (3,348)
Final balances | 99,779 | 97,356
Right-of-use assets [member] | Accumulated depreciation, amortisation and impairment [member] |  |
Mining concessions, development costs, property, plant and equipment, net |  |
Opening balance | 18,184 | 13,894
Additions | 3,988 | 4,290
Sales and disposals | 0 | 0
Sales | 0 | 0
Transfer/Other changes | 0 | 0
Final balances | 22,172 | 18,184
Right-of-use assets [member] | Accumulated depreciation, amortisation and impairment [member] | Sociedad Minera Cerro Verde S.A.A. |  |
Mining concessions, development costs, property, plant and equipment, net |  |
Opening balance | 39,851 | 30,408
Additions | 11,117 | 12,708
Adjustments and reclassifications | 0 | 0
Sales and disposals | (1,114) | (3,124)
Transfer/Other changes | (123) | (141)
Final balances | 49,731 | 39,851
Stripping activity asset [Member] | Gross carrying amount [Member] |  |
Mining concessions, development costs, property, plant and equipment, net |  |
Opening balance | 182,117 | 155,448
Additions | 8,953 | 26,669
Sales and disposals | 0 | 0
Sales | 0 | 0
Transfer/Other changes | 0 | 0
Final balances | 191,070 | 182,117
Stripping activity asset [Member] | Gross carrying amount [Member] | Sociedad Minera Cerro Verde S.A.A. |  |
Mining concessions, development costs, property, plant and equipment, net |  |
Opening balance | 1,464,027 | 1,159,829
Additions | 344,054 | 304,198
Adjustments and reclassifications | 0 | 0
Sales and disposals | 0 | 0
Transfer/Other changes | 0 | 0
Final balances | 1,808,081 | 1,464,027
Stripping activity asset [Member] | Accumulated depreciation, amortisation and impairment [member] |  |
Mining concessions, development costs, property, plant and equipment, net |  |
Opening balance | 139,947 | 118,178
Additions | 51,123 | 21,769
Sales and disposals | 0 | 0
Sales | 0 | 0
Transfer/Other changes | 0 | 0
Final balances | 191,070 | 139,947
Stripping activity asset [Member] | Accumulated depreciation, amortisation and impairment [member] | Sociedad Minera Cerro Verde S.A.A. |  |
Mining concessions, development costs, property, plant and equipment, net |  |
Opening balance | 925,757 | 791,571
Additions | 133,810 | 134,186
Adjustments and reclassifications | 0 | 0
Sales and disposals | 0 | 0
Transfer/Other changes | 0 | 0
Final balances | 1,059,567 | 925,757
Asset retirement costs [Member] | Gross carrying amount [Member] | Sociedad Minera Cerro Verde S.A.A. |  |
Mining concessions, development costs, property, plant and equipment, net |  |
Opening balance | 168,484 | 186,296
Additions | 0 | 0
Adjustments and reclassifications | 40,425 | (17,812)
Sales and disposals | 0 | 0
Transfer/Other changes | 0 | 0
Final balances | 208,909 | 168,484
Asset retirement costs [Member] | Accumulated depreciation, amortisation and impairment [member] | Sociedad Minera Cerro Verde S.A.A. |  |
Mining concessions, development costs, property, plant and equipment, net |  |
Opening balance | 41,684 | 36,914
Additions | 5,464 | 4,770
Adjustments and reclassifications | 0 | 0
Sales and disposals | 0 | 0
Transfer/Other changes | 0 | 0
Final balances | $ 47,148 | $ 41,684

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