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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
segment
dollarsperpound
Y
Dec. 31, 2010
dollarsperpound
Dec. 31, 2009
dollarsperpound
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:      
Estimated useful lives of buildings and equipment, low end of range (in years) 5    
Estimated useful lives of buildings and equipment, high end of range (in years) 40    
Increase in total reserves at a property to qualify as a major expansion (as a percent) 10.00%    
Period considered for calculation of average metal price (in years) 3    
Current price of copper (in dollars per pound) 3.26 2.97 2.90
Long-term price assumptions for copper for internal ore reserve estimation   1.80 1.80
Long-term price assumptions for molybdenum for internal ore reserve estimation   11.00 11.00
Long-term price assumption for copper for internal ore reserve estimation to reflect the changes in market trends 2.00    
Long-term price assumptions for molybdenum for internal ore reserve estimation to reflect the changes in market trends 12.00    
Number of years of average prices for copper used for ore reserve estimation 10    
Number of years of average prices for molybdenum used for ore reserve estimation 15    
Average price of copper (in dollars per pound) 3.00    
Average price of molybdenum (in dollars per pound) 14.74    
Number of years of average prices for copper and molybdenum used for impairment analysis 3    
Number of reportable segments 3    
Financial information related to segments      
Total property, net $ 4,419,885 $ 4,094,993 $ 3,969,600
Maximum
     
Financial information related to segments      
Maximum period after shipping within which pricing is based by customer contracts in most cases (in months) 3    
Maximum maturity period of cash equivalents (in months) 3    
Percentage applied in measuring hedge effectiveness 125.00%    
Minimum
     
Financial information related to segments      
Percentage applied in measuring hedge effectiveness 80.00%    
Mine development
     
Financial information related to segments      
Total property, net 39,800 42,100  
Mexican IMMSA Unit
     
Financial information related to segments      
Number of underground poly metal mines 5    
Total property, net 320,100 296,300 278,400
Peruvian Operations
     
Financial information related to segments      
Number of open-pit copper mines 2    
Total property, net $ 2,225,900 $ 2,164,700 $ 2,026,300