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PROPERTY, PLANT AND EQUIPMENT
12 Months Ended
Dec. 31, 2021
Property, plant and equipment [abstract]  
PROPERTY, PLANT AND EQUIPMENT
 Land, building,
plant & equipment
Operating mine mineral interests(iv)(v)
Development projects and Exploration & evaluation
Total
Cost
At January 1, 2021
$1,912.4 $7,294.1 $3,475.1 $12,681.5 
Additions
73.1 257.7 51.6 382.4 
Reclassifications, transfers and other non-cash movements(ii)
63.3 (19.2)129.0 173.1 
Disposals(33.0)(0.1)(3.5)(36.6)
At December 31, 2021
$2,015.8 $7,532.5 $3,652.2 $13,200.4 
Accumulated depletion, depreciation and amortization ("DDA") and impairment
At January 1, 2021
$(1,258.6)$(3,965.3)$(772.7)$(5,996.7)
DDA(123.0)(333.1) (456.1)
Disposals
27.6   27.6 
At December 31, 2021
$(1,354.0)$(4,298.4)$(772.7)$(6,425.2)
Carrying amount, December 31, 2021
$661.8 $3,234.1 $2,879.5 $6,775.2 
Amounts included above as at December 31, 2021
Assets under construction(i)
$2.2 $120.5 $131.1 $253.8 
Assets not being depreciated$ $690.0 $2,879.5 $3,569.5 
 Land, building,
plant & equipment
Operating mine mineral interests(iv)(v)
Development projects and Exploration & evaluation
Total
Cost
At January 1, 2020
$1,868.9 $7,066.6 $2,839.2 $11,774.6 
Additions
68.7 187.4 17.8 273.9 
Reclassification, transfers and other non-cash movements(ii)
19.4 40.1 681.6 741.1 
Reclassified as held for sale and disposals(44.6)— (63.5)(108.1)
At December 31, 2020
$1,912.4 $7,294.1 $3,475.1 $12,681.5 
Accumulated depletion, depreciation and amortization ("DDA") and impairment
At January 1, 2020
$(1,042.6)$(4,006.3)$(772.7)$(5,821.7)
DDA(139.7)(264.0)— (403.7)
Impairment and impairment reversal(iii)
(114.0)305.0 — 191.0 
Disposals37.7 — — 37.7 
At December 31, 2020
$(1,258.6)$(3,965.3)$(772.7)$(5,996.7)
Carrying amount, December 31, 2020
$653.8 $3,328.8 $2,702.4 $6,684.8 
Amounts included above as at December 31, 2020
Assets not being depreciated$— $655.8 $2,702.4 $3,358.2 
(i)During 2021, the Company capitalized interest of $0.9 million related to qualifying capital expenditures at its Canadian assets under construction at a weighted average capitalization rate of 3.8%. There was no interest capitalized in 2020.
(ii)Reclassifications, transfers and other non-cash movements includes PPE acquired as part of the acquisition of Monarch Gold Corporation, non-cash additions to PPE and changes in the environmental rehabilitation provision as per Note 29. Also includes non-cash additions acquired as part of the MARA transaction in 2020. Refer to Note 6 for additional details.
(iii)During the year ended December 31, 2020, the Company recognized an impairment charge totalling $369.0 million related to Cerro Moro and an impairment reversal of $560.0 million related to El Peñón. Refer to Note 13 for additional details.
(iv)At December 31, 2021, $495.1 million of E&E assets related to assets in production were included in operating mine mineral interests (December 31, 2020 - $509.6 million). During the year ended December 31, 2020, the Company impaired $15.0 million of such E&E costs at Cerro Moro.
(v)At December 31, 2021, the carrying amount of stripping costs capitalized and included in mining properties was $39.4 million (December 31, 2020: $37.2 million).