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INCOME TAXES: (Tables)
6 Months Ended
Jun. 30, 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 six months of 2020 and 2019 consisted of ($ in millions):

    

2020

    

2019

Statutory income tax provision

$

406.8

$

429.1

Peruvian royalty

 

4.3

 

6.5

Mexican royalty

 

21.4

 

35.2

Peruvian special mining tax

 

13.7

 

18.2

Total income tax provision

$

446.2

$

489.0

Effective income tax rate

48.2

%

38.1

%