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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

%