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INCOME TAXES: (Tables)
3 Months Ended
Mar. 31, 2020
INCOME TAXES:  
Schedule of income tax provision and effective income tax rate

The income tax provision and the effective income tax rate for the first quarter of 2020 and 2019 consisted of ($ in millions):

    

2020

    

2019

Statutory income tax provision

$

207.4

$

214.7

Peruvian royalty

 

2.0

 

0.4

Mexican royalty

 

8.1

 

16.7

Peruvian special mining tax

 

4.2

 

6.1

Total income tax provision

$

221.7

$

237.9

Effective income tax rate

50.8

%

38.1

%