PROPERTY, PLANT AND MINE DEVELOPMENT

12 Months Ended

Dec. 31, 2022

PROPERTY, PLANT AND MINE DEVELOPMENT

9.PROPERTY, PLANT AND MINE DEVELOPMENT


					Mine
	Mining		Plant and		Development
	Properties		Equipment		Costs		Total
As at December 31, 2020	$	2,159,413	$	3,225,699	$	1,940,306	$	7,325,418
Additions		76,403		183,670		684,804		944,877
IAS 16 Amendments		29,314		—		—		29,314
Acquisition (Note 5)		91,204		91,906		—		183,110
Disposals		—		(13,603)		—		(13,603)
Amortization		(231,729)		(414,353)		(147,439)		(793,521)
Transfers between categories		(570)		194,247		(193,677)		—
As at December 31, 2021	$	2,124,035	$	3,267,566	$	2,283,994	$	7,675,595
Additions		409,562		506,102		691,167		1,606,831
Acquisition (Note 5)		7,582,824		2,845,447		—		10,428,271
Impairment loss (Note 24)		(55,000)		—		—		(55,000)
Disposals		(6)		(25,964)		—		(25,970)
Amortization		(394,652)		(603,671)		(172,004)		(1,170,327)
Transfers between categories		1,542		264,948		(266,490)		—
As at December 31, 2022	$	9,668,305	$	6,254,428	$	2,536,667	$	18,459,400

As at December 31, 2021
Cost⁽ⁱ⁾	$	3,863,284	$	6,942,383	$	3,289,532	$	14,095,199
Accumulated amortization and impairments		(1,739,249)		(3,674,817)		(1,005,538)		(6,419,604)
Carrying value - December 31, 2021⁽ⁱ⁾	$	2,124,035	$	3,267,566	$	2,283,994	$	7,675,595

As at December 31, 2022
Cost	$	11,872,806	$	10,490,684	$	3,714,370	$	26,077,860
Accumulated amortization and impairments		(2,204,501)		(4,236,256)		(1,177,703)		(7,618,460)
Carrying value - December 31, 2022	$	9,668,305	$	6,254,428	$	2,536,667	$	18,459,400

Note:

(i) Restated to reflect the retrospective application of IAS 16 (Note 3U).

During the year ended December 31, 2022, net additions to Plant and Equipment included $59.6 million of right-of-use assets for lease arrangements entered into during the year (2021 - $41.0 million).

As at December 31, 2022, major assets under construction, and therefore not yet being depreciated, included in the carrying value of property, plant and mine development was $1,277.7 million (2021 - $579.3 million).

During the year ended December 31, 2022, the Company disposed of property, plant and mine development with a carrying value of $25.9 million (2021 - $13.6 million). The net loss on disposal of $8.8 million (2021 - $9.5 million) was recorded in the other expenses line item in the consolidated statements of income.

Geographic Information:


	As at		As at
	December 31,		December 31,
	2022		2021
Canada⁽ⁱ⁾	$	15,228,426	$	5,558,800
Australia		1,188,301		—
Finland		1,447,399		1,435,881
Sweden		13,812		13,812
Mexico		573,922		659,469
United States		7,540		7,633
Total property, plant and mine development	$	18,459,400	$	7,675,595

Note:

(i) Restated to reflect the retrospective application of IAS 16 (Note 3U).