v3.26.1
Other operating expenses (Tables) - Sociedad Minera Cerro Verde S.A.A.
12 Months Ended
Dec. 31, 2025
Disclosure Other operational expenses [Line Items]  
Schedule of other operating expenses

  ​ ​ ​

For the year ended

  ​ ​ ​

For the year ended

  ​ ​ ​

For the year ended

December 31, 2025

December 31, 2024

December 31, 2023

US$(000)

US$(000)

US$(000)

SAP S/4HANA deployment

28,199

Exploration expenses

15,916

11,822

9,179

Optimization and prefeasibility/feasibility studies

14,586

6,585

1,401

Net cost of asset retirements and/or disposals

3,371

370

138

Royalty non-income tax

 

769

 

2,069

 

4,488

Miscellaneous penalties

558

Tax contingencies

108

2,823

258

Impairment of assets

21

19

3,546

Cancellation of projects

2,164

Penalties of income tax payments on account (a)

70,045

 

63,528

 

23,688

 

91,219

(a)

Corresponded to penalties related to payments on account of income tax from 2006 to 2015 as a result of unfavorable tax rulings issued by the Supreme Court.

Schedule of details about components of other operating income

  ​ ​ ​

For the year ended

  ​ ​ ​

For the year ended

  ​ ​ ​

For the year ended

December 31, 2025

December 31, 2024

December 31, 2023

US$(000)

US$(000)

US$(000)

Recovery of penalties for mining concessions

 

5,400

 

 

Other tax revenues (a)

1,110

3,406

Reversal of Supplemental fund retirement deferred (see note 2(p))

 

 

5,414

 

 

6,510

 

5,414

 

3,406

(a)

For 2023 year corresponded to changes in estimations from legal advisors in relation to tax positions associated with VAT and non-domiciled income tax for the year 2007.