REVENUE: (Tables)

6 Months Ended

Jun. 30, 2020

REVENUE:

Summary of company's sales by geographic wise and segment wise

	Three Months Ended June 30, 2020
			Mexican
	Mexican		IMMSA		Peruvian		Corporate &
	Open-Pit		Unit		Operations		Elimination		Consolidated
The Americas:
Mexico	$	207.2	$	70.5	$	—	$	(21.5)	$	256.2
United States		298.7		4.0		19.5		—		322.2
Peru		—		2.6		40.1		—		42.7
Brazil		—		1.3		20.9		—		22.2
Chile		17.6		—		41.0		—		58.6
Other American countries		0.7		0.6		0.2		—		1.5
Europe:
Switzerland		236.2		15.9		147.8		—		399.9
Italy		—		1.0		52.1		—		53.1
Spain		18.2		—		—		—		18.2
Other European countries		56.1		3.6		66.9		—		126.6
Asia:
Singapore		116.2		1.9		111.1		—		229.2
Japan		2.3		—		138.1		—		140.4
Other Asian countries		63.5		0.2		50.9		—		114.6
Total	$	1,016.7	$	101.6	$	688.6	$	(21.5)	$	1,785.4

	Six Months Ended June 30, 2020
			Mexican
	Mexican		IMMSA		Peruvian		Corporate &
	Open-Pit		Unit		Operations		Elimination		Consolidated
The Americas:
Mexico	$	570.9	$	169.7	$	—	$	(48.3)	$	692.3
United States		556.9		4.2		60.4		—		621.5
Peru		—		5.6		113.1		—		118.7
Brazil		—		4.8		75.4		—		80.2
Chile		19.5		—		89.2		—		108.7
Other American countries		9.0		1.4		0.4		—		10.8
Europe:
Switzerland		408.6		30.9		214.3		—		653.8
Italy		—		4.4		118.9		—		123.3
Spain		64.8		—		—		—		64.8
Other European countries		76.4		9.7		119.9		—		206.0
Asia:
Singapore		177.9		5.1		246.9		—		429.9
Japan		11.7		—		236.8		—		248.5
Other Asian countries		74.7		0.3		71.6		—		146.6
Total	$	1,970.4	$	236.1	$	1,346.9	$	(48.3)	$	3,505.1

	Three Months Ended June 30, 2019
			Mexican
	Mexican		IMMSA		Peruvian		Corporate &
	Open-Pit		Unit		Operations		Elimination		Consolidated
The Americas:
Mexico	$	312.9	$	92.7	$	—	$	(25.4)	$	380.2
United States		257.9		1.6		21.6		—		281.1
Peru		—		—		93.0		—		93.0
Brazil		—		5.1		44.6		—		49.7
Chile		—		—		59.3		—		59.3
Other American countries		11.3		0.8		0.8		—		12.9
Europe:
Switzerland		183.0		5.1		73.0		—		261.1
Italy		7.8		2.8		63.7		—		74.3
Spain		46.8		—		—		—		46.8
Other European countries		22.4		9.0		67.1		—		98.5
Asia:
Singapore		72.1		4.7		195.3		—		272.1
Japan		6.3		—		126.4		—		132.7
Other Asian countries		34.1		0.5		21.7		—		56.3
Total	$	954.6	$	122.3	$	766.5	$	(25.4)	$	1,818.0

	Six Months Ended June 30, 2019
			Mexican
	Mexican		IMMSA		Peruvian		Corporate &
	Open-Pit		Unit		Operations		Elimination		Consolidated
The Americas:
Mexico	$	664.2	$	179.5	$	—	$	(45.3)	$	798.4
United States		536.9		3.0		28.3		—		568.2
Peru		1.6		—		178.7		—		180.3
Brazil		—		12.3		92.9		—		105.2
Chile		1.1		—		79.2		—		80.3
Other American countries		24.1		1.2		2.7		—		28.0
Europe:
Switzerland		408.3		17.1		183.4		—		608.8
Italy		37.0		8.3		111.0		—		156.3
Spain		92.3		—		—		—		92.3
Other European countries		45.4		14.9		121.0		—		181.3
Asia:
Singapore		130.6		6.4		247.8		—		384.8
Japan		16.1		—		244.0		—		260.1
Other Asian countries		69.1		0.7		57.6		—		127.4
Total	$	2,026.7	$	243.4	$	1,346.6	$	(45.3)	$	3,571.4

The following table presents information regarding the sales value by reporting segment of the Company’s significant products for the three and six months ended June 30, 2020 and 2019 (in millions):

	Three Months Ended June 30, 2020
			Mexican
	Mexican		IMMSA		Peruvian		Corporate, Other &		Total
	Open-pit		Unit		Operations		Eliminations		Consolidated
Copper	$	866.0	$	11.7	$	599.7	$	(7.7)	$	1,469.7
Molybdenum		58.1		—		48.9		—		107.0
Silver		59.0		27.2		22.5		(9.5)		99.2
Zinc		—		51.2		—		(2.8)		48.4
Other		33.6		11.5		17.5		(1.5)		61.1
Total	$	1,016.7	$	101.6	$	688.6	$	(21.5)	$	1,785.4

	Six Months Ended June 30, 2020
			Mexican
	Mexican		IMMSA		Peruvian		Corporate, Other &		Total
	Open-pit		Unit		Operations		Eliminations		Consolidated
Copper	$	1,665.7	$	29.7	$	1,160.7	$	(20.6)	$	2,835.5
Molybdenum		130.1		—		102.9		—		233.0
Silver		103.6		62.7		42.5		(21.4)		187.4
Zinc		—		116.5		—		(3.3)		113.2
Other		71.0		27.2		40.8		(3.0)		136.0
Total	$	1,970.4	$	236.1	$	1,346.9	$	(48.3)	$	3,505.1

	Three Months Ended June 30, 2019
			Mexican
	Mexican		IMMSA		Peruvian		Corporate, Other &		Total
	Open-pit		Unit		Operations		Eliminations		Consolidated
Copper	$	800.2	$	12.0	$	651.0	$	(14.3)	$	1,448.9
Molybdenum		93.5		—		61.0		—		154.5
Zinc		37.4		17.2		20.7		(6.5)		68.8
Silver		—		79.4		—		(3.8)		75.6
Other		23.5		13.7		33.8		(0.8)		70.2
Total	$	954.6	$	122.3	$	766.5	$	(25.4)	$	1,818.0

	Six Months Ended June 30, 2019
			Mexican
	Mexican		IMMSA		Peruvian		Corporate, Other &		Total
	Open-pit		Unit		Operations		Eliminations		Consolidated
Copper	$	1,695.3	$	23.0	$	1,173.4	$	(27.2)	$	2,864.5
Molybdenum		183.6		—		89.2		—		272.8
Zinc		87.8		34.5		35.6		(12.3)		145.6
Silver		—		156.5		—		(4.2)		152.3
Other		60.0		29.4		48.4		(1.6)		136.2
Total	$	2,026.7	$	243.4	$	1,346.6	$	(45.3)	$	3,571.4

Schedule of opening and closing balances of receivables by reporting segment

The opening and closing balances of receivables by reporting segment of the Company were as follows (in millions):

			Mexican
	Mexican		IMMSA		Peruvian		Corporate &
	Open-Pit		Unit		Operations		Elimination		Consolidated
As of June 30, 2020:
Trade receivables	$	470.7	$	48.1	$	335.2	$	—	$	854.0
Related parties, current		33.5		—		—		8.6		42.1
Related parties, non-current		58.5		—		—		—		58.5
As of December 31, 2019:
Trade receivables	$	477.8	$	38.0	$	317.1	$	—	$	832.9
Related parties, current		22.1		—		—		7.9		30.0
Related parties, non-current		59.5		—		—		—		59.5

Schedule long term contracts by products

As of June 30, 2020, the Company has long-term contracts with promises to deliver the following products in 2020:

Copper concentrates (in tons)	870,000
Copper cathodes (in tons)	48,000
Molybdenum concentrates (in tons)	24,061
Sulfuric acid (in tons)	293,150

Schedule of provisionally priced copper and molybdenum sales outstanding

Following are the provisionally priced copper and molybdenum sales outstanding at June 30, 2020:

	Sales volume	Priced at
	(million lbs.)	(per pound)	Month of settlement
Copper	113.2	2.73	July 2020 through November 2020
Molybdenum	18.0	7.38	July 2020 through September 2020