v3.26.1
Financial - risk management objectives and policies (Tables)
12 Months Ended
Dec. 31, 2025
Disclosure of financial risk management objectives and policies [Line Items]  
Schedule of foreign-currency exchange rates risk

A table showing the effect on results of a reasonable change in foreign-currency exchange rates is presented below, with all other variables kept constant:

Exchange-rate

Effect on profit (loss)

  ​ ​ ​

increase/decrease

  ​ ​ ​

before income tax

US$(000)

2025

 

  ​

 

  ​

Exchange rate

 

10

%  

52,338

Exchange rate

 

(10)

%  

(52,338)

2024

 

  ​

 

  ​

Exchange rate

 

10

%  

47,488

Exchange rate

 

(10)

%  

(47,488)

2023

 

  ​

 

  ​

Exchange rate

 

10

%  

66,003

Exchange rate

 

(10)

%  

(66,003)

Schedule of financial liabilities by remaining maturity

An analysis of the Group’s financial liabilities classified according to their maturity presented below, based on undiscounted contractual payments:

  ​ ​ ​

Less than

  ​ ​ ​

Between 1

  ​ ​ ​

Between 2

  ​ ​ ​

More than 5

  ​ ​ ​

1 year

and 2 years

and 5 years

years

Total

US$(000)

US$(000)

US$(000)

US$(000)

US$(000)

As of December 31, 2025 -

Trade and other payables

 

457,832

457,832

Financial obligation – capital

6,750

59,625

650,000

716,375

Financial obligation – interest

47,401

45,673

132,600

66,300

291,974

Lease – capital

1,201

978

3,411

1,822

7,412

Lease – interest

 

496

409

730

155

1,790

Contingent consideration liability

 

4,634

5,249

18,030

61,822

89,735

518,314

111,934

154,771

780,099

1,565,118

As of December 31, 2024 -

Trade and other payables

 

358,789

358,789

Financial obligation – capital

 

8,437

556,750

57,938

623,125

Financial obligation – interest

34,619

33,366

726

68,711

Lease – capital

1,819

1,196

2,551

1,907

7,473

Lease – interest

564

555

974

265

2,358

Contingent consideration liability

 

9,768

5,412

42,752

57,932

 

404,228

601,635

67,601

44,924

1,118,388

Sociedad Minera Cerro Verde S.A.A.  
Disclosure of financial risk management objectives and policies [Line Items]  
Schedule of foreign-currency exchange rates risk

  ​ ​ ​

Effect on profit 

before income tax

US$(000)

December 31, 2025

10% increase in future copper prices

 

111,450

10% decrease in future copper prices

 

(111,450)

December 31, 2024

10% increase in future copper prices

  ​ ​ ​

73,173

10% decrease in future copper prices

 

(73,173)

December 31, 2023

 

  ​

10% increase in future copper prices

 

91,734

10% decrease in future copper prices

 

(91,734)

  ​ ​ ​

Exchange-rate

  ​ ​ ​

Effect on profit (loss)

Increase (decrease)

before income tax

US$(000)

December 31, 2025

Exchange rate

5

%  

(43,136)

Exchange rate

(5)

%  

43,136

December 31, 2024

Exchange rate

 

5

%  

(29,694)

Exchange rate

 

(5)

%  

29,694

 

 

December 31, 2023

 

 

Exchange rate

 

5

%  

(28,316)

Exchange rate

 

(5)

%  

28,316

Schedule of financial liabilities by remaining maturity

The following tables show the expected aging of maturity of the Company’s obligations, excluding taxes, accruals and benefits to employees, as of December 31, 2025 and 2024:

  ​ ​ ​

  ​ ​ ​

  ​ ​ ​

  ​ ​ ​

  ​ ​ ​

  ​ ​ ​

On demand

Less than 3 months

3 to 12 months

1 to 5 years

More than 5 years

Total

US$(000)

US$(000)

US$(000)

US$(000)

US$(000)

US$(000)

As of December 31, 2025

Trade accounts payable (See Note 8)

311,333

2,731

314,064

Accounts payable - related parties (See Note 4)

1,731

1,148

2,879

Lease liabilities (See Note 10)

 

 

3,306

 

21,824

 

81,467

 

5,741

 

112,338

Other account payable (See Note 9)

 

 

14,369

18,515

 

 

 

32,884

 

 

 

 

 

 

Total

 

 

330,739

 

44,218

 

81,467

 

5,741

 

462,165

 

 

 

As of December 31, 2024

Trade accounts payable (See Note 8)

281,495

2,312

283,807

Accounts payable - related parties (See Note 4)

4,167

1,456

5,623

Lease liabilities (See Note 10)

 

 

1,569

 

7,878

 

41,176

 

 

50,623

Other account payable (See Note 9)

 

 

20,937

4,477

 

 

 

25,414

 

 

 

 

 

Total

 

 

308,168

 

16,123

 

41,176

 

 

365,467