INTANGIBLE ASSETS: (Details) - USD ($) $ in Millions	12 Months Ended
Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Intangible assets
Intangible assets excluding goodwill, gross	$ 215.3	$ 211.3
Accumulated amortization	(127.0)	(118.5)
Goodwill	41.9	41.9
Intangible assets, net	130.2	134.7
Amortization expense:
Amortization expense	7.9	7.3	$ 8.7
Estimated amortization expense:
2024	6.3
2025	6.0
2026	2.1
2027	2.1
2028	2.0
Total 2024 - 2028	18.5
Average annual	3.7
Buenavista del Cobre, S.A. de C.V
Intangible assets
Goodwill	17.0
El Pilar
Intangible assets
Goodwill	24.9
Mining concessions
Intangible assets
Intangible assets excluding goodwill, gross	121.2	121.2
Accumulated amortization	(44.2)	(42.2)
Mine engineering and development studies
Intangible assets
Intangible assets excluding goodwill, gross	19.8	19.8
Accumulated amortization	(19.8)	(19.2)
Software
Intangible assets
Intangible assets excluding goodwill, gross	74.3	70.3
Accumulated amortization	$ (63.0)	$ (57.1)

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Represents the average annual estimated amortization expense for the five succeeding fiscal years for intangible assets subject to amortization.

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The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.

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Accumulated amount of amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life.

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Amount of amortization for assets, excluding financial assets and goodwill, lacking physical substance with finite life expected to be recognized in next fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).

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Amount of amortization for assets, excluding financial assets and goodwill, lacking physical substance with finite life expected to be recognized in fifth fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).

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Amount of amortization for assets, excluding financial assets and goodwill, lacking physical substance with finite life expected to be recognized in fourth fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).

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Amount of amortization for assets, excluding financial assets and goodwill, lacking physical substance with finite life expected to be recognized in third fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).

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Amount of amortization for assets, excluding financial assets and goodwill, lacking physical substance with finite life expected to be recognized in second fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).

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Amount before amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life.

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Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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Amount after amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life.

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Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized.

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Carrying amount of finite-lived intangible assets, indefinite-lived intangible assets and goodwill. Goodwill is an asset representing the future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Intangible assets are assets, not including financial assets, lacking physical substance.

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