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Mineral Properties, Plant and Equipment (Tables)
12 Months Ended
Dec. 31, 2023
Property, plant and equipment [abstract]  
Detailed Information About Property Plant and Equipment
Mineral properties
(note 9(a))
Plant and
equipment
Construction-
in-progress
(note 9(b))
Exploration and evaluation assetsTotal
Cost
Balance – December 31, 2021
$1,898,978 $666,243 $177,898 $51,424 $2,794,543 
Additions(1)
169,562 105,010 367,605 642,177 
Transfers79,081 68,016 (147,097)— — 
Disposals and write-downs(22,368)(17,797)— — (40,165)
Change in reclamation and closure cost asset(7,439)— — (50)(7,489)
Foreign currency translation(25,670)(941)(16,068)(577)(43,256)
Balance – December 31, 2022
2,092,144 820,531 382,338 50,797 3,345,810 
Additions(1)
92,287 82,320 421,771  596,378 
Transfers414 72,993 (73,407)  
Disposals and write-downs (6,548)  (6,548)
Change in reclamation and closure cost asset23,185    23,185 
Foreign currency translation9,913 2,589 15,436 206 28,144 
Balance – December 31, 2023
$2,217,943 $971,885 $746,138 $51,003 $3,986,969 
Accumulated depreciation and depletion
Balance – December 31, 2021
$183,002 $113,622 $— $— $296,624 
Depreciation and depletion135,062 78,902 — — 213,964 
Disposals(496)(4,489)— — (4,985)
Foreign currency translation— (292)— — (292)
Balance – December 31, 2022
317,568 187,743 — — 505,311 
Depreciation and depletion140,212 121,669   261,881 
Disposals  (5,727)  (5,727)
Foreign currency translation 291   291 
Balance – December 31, 2023
$457,780 $303,976 $ $ $761,756 
Net book value
At December 31, 2022
$1,774,576 $632,788 $382,338 $50,797 $2,840,499 
At December 31, 2023
$1,760,163 $667,909 $746,138 $51,003 $3,225,213 
(1)Additions for the year ended December 31, 2023 include the following non-cash additions: $40.3 million (2022 – $12.6 million) in additions to right-of-use assets included in plant and equipment, and $4.5 million and $7.6 million (2022 – $4.1 million and $5.1 million) of depreciation and depletion capitalized to mineral properties and construction-in-progress, respectively. Additions for the year ended December 31, 2022 also include the Mercedes NSR (note 5(a)). In addition, $46.2 million (2022 – $12.9 million) of borrowing costs incurred were capitalized to construction-in-progress.
Detailed Information About Significant Royalty Arrangements
Mineral propertyRoyalty arrangements
Mesquite
Weighted average LOM NSR of 2%
Castle Mountain
2.65% NSR; 5% of gross revenue for the South Domes area
Los Filos
3% NSR for the Xochipala concession; 0.5% of gross revenue
Aurizona
1.5% of gross revenue; 3-5% sliding scale NSR based on gold price
Fazenda
1.5% of gross revenue
RDM
1% of gross revenue; 1.5% of gross revenue
Santa Luz
1.375% of gross revenue; 1.5% of gross revenue; 2% of gross revenue for the CBPM area of the C1 deposit
Greenstone
3% NSR