RECLAMATION AND REMEDIATION (Tables)

3 Months Ended

Mar. 31, 2023

Environmental Remediation Obligations [Abstract]

Reclamation and Remediation Expense

The Company’s Reclamation and remediation expense consisted of:

	Three Months Ended March 31,
	2023		2022
Reclamation adjustments and other	$	2	$	1
Reclamation accretion	60		43
Reclamation expense	62		44
Remediation adjustments and other	2		16
Remediation accretion	2		1
Remediation expense	4		17
Reclamation and remediation	$	66	$	61

Reconciliation of Reclamation Liabilities

The following are reconciliations of Reclamation and remediation liabilities:

	Reclamation				Remediation (1)
	2023		2022		2023		2022
Balance at January 1,	$	6,731	$	5,768	$	373	$	344
Additions, changes in estimates and other	—		—		—		13
Payments, net	(41)		(32)		(5)		(6)
Accretion expense	60		43		2		1
Balance at March 31,	$	6,750	$	5,779	$	370	$	352

____________________________

(1)The $13 addition for the three months ended March 31, 2022 is due to expected higher waste disposal costs at Midnite Mine.

	At March 31, 2023						At December 31, 2022
	Reclamation		Remediation		Total		Reclamation		Remediation		Total
Current (1)	$	473	$	44	$	517	$	482	$	44	$	526
Non-current (2)	6,277		326		6,603		6,249		329		6,578
Total (3)	$	6,750	$	370	$	7,120	$	6,731	$	373	$	7,104

____________________________

(1)The current portion of reclamation and remediation liabilities are included in Other current liabilities.

(2)The non-current portion of reclamation and remediation liabilities are included in Reclamation and remediation liabilities.

(3)Total reclamation liabilities include $3,721 and $3,722 related to Yanacocha at March 31, 2023 and December 31, 2022, respectively.

Reconciliation of Remediation Liabilities

	At March 31, 2023						At December 31, 2022
	Reclamation		Remediation		Total		Reclamation		Remediation		Total
Current (1)	$	473	$	44	$	517	$	482	$	44	$	526
Non-current (2)	6,277		326		6,603		6,249		329		6,578
Total (3)	$	6,750	$	370	$	7,120	$	6,731	$	373	$	7,104

____________________________

(1)The current portion of reclamation and remediation liabilities are included in Other current liabilities.

(2)The non-current portion of reclamation and remediation liabilities are included in Reclamation and remediation liabilities.

(3)Total reclamation liabilities include $3,721 and $3,722 related to Yanacocha at March 31, 2023 and December 31, 2022, respectively.