XML 107 R50.htm IDEA: XBRL DOCUMENT
v3.24.1

OTHER LIABILITIES (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
OTHER LIABILITIES |
Schedule of information related to other liabilities | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | As at |  | As at
​ | ​ | December 31, | ​ | December 31,
​ | ​ | 2023 | ​ | 2022
Committed subscription proceeds for San Nicolás project | ​ | $ | 229,950 | ​ | $ | —
Pension benefit obligations | ​ | ​ | 56,255 | ​ | ​ | 53,024
Deferred income | ​ | ​ | 24,046 | ​ | ​ | 13,955
Other | ​ | ​ | 11,855 | ​ | ​ | 5,636
Total other liabilities | ​ | $ | 322,106 | ​ | $ | 72,615
Schedule of funded status of the Company's defined benefit obligations | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year Ended December 31,
​ |  | 2023 |  | 2022
Reconciliation of plan assets: | ​ | ​ |  |  | ​ |
Plan assets, beginning of year | ​ | $ | 2,835 | ​ | $ | 2,905
Employer contributions | ​ | ​ | 5,936 | ​ | ​ | 1,713
Benefit payments | ​ | ​ | (5,727) | ​ | ​ | (1,473)
Administrative expenses | ​ | ​ | (105) | ​ | ​ | (120)
Interest on assets | ​ | ​ | 145 | ​ | ​ | 87
Net return on assets excluding interest | ​ | ​ | (145) | ​ | ​ | (87)
Effect of exchange rate changes | ​ | ​ | 70 | ​ | ​ | (190)
Plan assets, end of year | ​ | $ | 3,009 | ​ | $ | 2,835
​ | ​ | ​ | ​ | ​ | ​ | ​
Reconciliation of defined benefit obligation: | ​ | ​ | ​ | ​ | ​ | ​
Defined benefit obligation, beginning of year | ​ | $ | 46,733 | ​ | $ | 44,844
Current service cost | ​ | ​ | 3,660 | ​ | ​ | 2,976
Benefit payments | ​ | ​ | (5,727) | ​ | ​ | (1,473)
Interest cost | ​ | ​ | 3,176 | ​ | ​ | 1,797
Actuarial losses (gains) arising from changes in economic assumptions | ​ | ​ | 975 | ​ | ​ | (7,028)
Actuarial (gains) losses arising from changes in demographic assumptions | ​ | ​ | (276) | ​ | ​ | 772
Actuarial (gains) losses arising from Plan experience | ​ | ​ | (2,485) | ​ | ​ | 6,363
Effect of exchange rate changes | ​ | ​ | 724 | ​ | ​ | (1,518)
Defined benefit obligation, end of year | ​ | ​ | 46,780 | ​ | ​ | 46,733
Net defined benefit liability, end of year | ​ | $ | 43,771 | ​ | $ | 43,898
Schedule of components of Agnico Eagle's pension expense recognized in the consolidated statements of net income (loss) | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year Ended December 31,
​ |  | 2023 |  | 2022
Current service cost | ​ | $ | 3,660 | ​ | $ | 2,976
Administrative expenses | ​ |  | 105 | ​ |  | 120
Interest cost on defined benefit obligation | ​ |  | 3,176 | ​ |  | 1,797
Interest on assets | ​ |  | (145) | ​ |  | (87)
Pension expense | ​ | $ | 6,796 | ​ | $ | 4,806
Schedule of remeasurement of net defined benefit liability recognized in other comprehensive income (loss) | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year Ended December 31,
​ |  | 2023 |  | 2022
Actuarial (gains) losses relating to the defined benefit obligation | ​ | $ | (1,786) | ​ | $ | 107
Net return on assets excluding interest | ​ | ​ | 145 | ​ |  | 87
Total remeasurements of the net defined benefit liability | ​ | $ | (1,641) | ​ | $ | 194
Schedule of significant assumptions used in measuring Executive Plan defined benefit obligations | ​
​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As at December 31, | ​ | As at December 31, | ​
​ |  | 2023 |  | 2022 | ​
Assumptions: |  |  |  |  | ​
Discount rate - beginning of year |  | 5.0 | % | 3.0 | %
Discount rate - end of year |  | 4.8 | % | 5.0 | %
Schedule of significant assumptions used in measuring Company Retirement Program defined benefit obligations | ​
​ | ​ | ​ | ​ | ​ | ​
​ |  | As at December 31, | ​ | As at December 31, | ​
​ |  | 2023 |  | 2022 | ​
Assumptions: | ​ | ​ |  |  | ​
Discount rate - beginning of year |  | 5.0 | % | 2.5 | %
Discount rate - end of year |  | 4.5 | % | 5.0 | %
Range of mine closure dates |  | 2027 — 2034 | ​ | 2026 — 2036 | ​
Termination of employment per annum |  | 2.0% — 10.0 | % | 2.0% — 10.0 | %
Schedule of significant assumptions used in measuring Company's defined benefit obligations for Mexico Plans | ​
​ | ​ | ​ | ​ | ​ | ​
​ |  | As at December 31, | ​ | As at December 31, | ​
​ |  | 2023 |  | 2022 |
Assumptions: | ​ | ​ | ​ | ​ |
Discount rate |  | 9.5 | % | 9.5 | %
Range of mine closure dates |  | 2024 — 2027 | ​ | 2024 — 2027 | ​
Schedule of sensitivity analysis for significant actuarial assumptions | ​
​ | ​ | ​ | ​
​ | ​ | As at
​ | ​ | December 31,
​ |  | 2023
Change in assumption: | ​ | ​ | ​
0.5% increase in discount rate | ​ | $ | (1,607)
0.5% decrease in discount rate | ​ | $ | 1,718

X
- Definition The tabular disclosure of the significant assumptions in the company retirement program defined benefit obligations for Mexico Plans. + References No definition available. + Details
Name: | aem_DisclosureOfAssumptionsOfEntitySDefinedBenefitObligationsForMexicoPlansTableTextBlock
Namespace Prefix: | aem_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of detailed information of other liabilities. + References No definition available. + Details
Name: | aem_DisclosureOfDetailedInformationAboutOtherLiabilitiesExplanatoryTableTextBlock
Namespace Prefix: | aem_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The tabular disclosure of the significant assumptions in the company retirement program defined benefit obligations. + References No definition available. + Details
Name: | aem_Disclosureofassumptionsofcompanyretiremenprogramdefinedbenefitobligationstabletextblock
Namespace Prefix: | aem_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The tabular disclosure of the significant assumptions in the Executive Plan defined benefit obligations. + References No definition available. + Details
Name: | aem_Disclosureofsignificantassumptionsofexecutiveplandefinedbenefitobligationstabletextblock
Namespace Prefix: | aem_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the costs related to the various types of retirement plans including defined benefit pension plan cost, defined contribution plan cost, other postretirement benefit plan cost, and net periodic benefit cost. + References No definition available. + Details
Name: | aem_IfrsScheduleOfCostsOfRetirementPlansTableTextBlock
Namespace Prefix: | aem_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the changes in plan assets and benefit obligations recognized in other comprehensive income (loss) during the period. + References No definition available. + Details
Name: | aem_IfrsScheduleOfDefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | aem_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of a net defined benefit liability (asset). [Refer: Net defined benefit liability (asset)] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 19 -IssueDate 2023-01-01 -Paragraph 140 -Subparagraph a -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=19&code=ifrs-tx-2023-en-r&anchor=para_140_a&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of a sensitivity analysis for significant actuarial assumptions used to determine the present value of a defined benefit obligation. [Refer: Actuarial assumptions [member]; Defined benefit obligation, at present value] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 19 -IssueDate 2023-01-01 -Paragraph 145 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=19&code=ifrs-tx-2023-en-r&anchor=para_145&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | ifrs-full_MiscellaneousLiabilitiesAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration