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NON-CONTROLLING INTERESTS (Tables)
12 Months Ended
Dec. 31, 2017
Interests In Other Entities [Abstract]  
Non-controlling interests
Outlined below is information related to our joint arrangements and entities other than 100% owned Barrick subsidiaries at December 31, 2017
 
Place of business
Entity type
    Economic interest     
Method2
Acacia Mining plc3
Tanzania    
Subsidiary, publicly traded    
63.9%
Consolidation    
Pueblo Viejo3
Dominican Republic    
Subsidiary    
60%
Consolidation    
South Arturo3
United States    
Subsidiary    
60%
Consolidation    
Norte Abierto Project4
Chile    
JO    
50%
Our share    
Donlin Gold Project
United States    
JO    
50%
Our share    
Kalgoorlie Mine
Australia    
JO    
50%
Our share    
Porgera Mine5
Papua New Guinea    
JO    
47.5%
Our share    
Turquoise Ridge Mine5    
United States    
JO    
75%
Our share    
Veladero6
Argentina
JO
50%
Our share
GNX7,8
Chile    
JV    
50%
Equity Method    
Jabal Sayid7
Saudi Arabia    
JV    
50%
Equity Method    
Kabanga Project7,8
Tanzania    
JV    
50%
Equity Method    
Zaldívar7
Chile    
JV    
50%
Equity Method    
1 
Unless otherwise noted, all of our joint arrangements are funded by contributions made by their partners in proportion to their economic interest.
2 
For our JOs, we recognize our share of any assets, liabilities, revenues and expenses of the JO.
3 
We consolidate our interests in Acacia, Pueblo Viejo and South Arturo and record a non-controlling interest for the 36.1%, 40% and 40%, respectively, that we do not own.
4 
We divested 25% of Cerro Casale on June 9, 2017, bringing our ownership down to 50%. As part of that transaction, we formed a joint operation with Goldcorp. The joint operation, which is now referred to as Norte Abierto, includes the Cerro Casale and Caspiche deposits.
5 
We have joint control given that decisions about relevant activities require unanimous consent of the parties to the joint operation.
6 
We divested 50% of Veladero on June 30, 2017, bringing our ownership down to 50%.
7 
Barrick has commitments of $301 million relating to its interest in the joint ventures.
8 
These JVs are early stage exploration projects and, as such, do not have any significant assets, liabilities, income, contractual commitments or contingencies. Expenses are recognized through our equity pick-up (loss). Refer to note 16 for further details.

  
Pueblo Viejo
Acacia
For the years ended December 31
2017

2016

2017

2016

Revenue

$1,417


$1,548


$751


$1,045

Income (loss) from continuing operations after tax
293

810

(630
)
81

Other comprehensive income (loss)




Total comprehensive income (loss)

$293


$810


($630
)

$81

Dividends paid to NCI

$—


$—


$13


$7

 
 
 
 
 
Summarized Statements of Cash Flows
 
 
 
 
 
 
 
 
 
 
Pueblo Viejo
Acacia
For the years ended December 31
2017

2016

2017

2016

Net cash provided by (used in) operating activities

$283


$602


($15
)

$324

Net cash used in investing activities
(112
)
(54
)
(160
)
(190
)
Net cash provided by (used in) financing activities
(539
)
(350
)
(62
)
(49
)
Net increase (decrease) in cash and cash equivalents

($368
)

$198


($237
)

$85

  
Pueblo Viejo
Acacia
 
As at December 31, 2017

As at December 31, 2016

As at December 31, 2017

As at December 31, 2016

Current assets

$488


$833


$464


$673

Non-current assets
3,489

3,703

1,333

1,725

Total assets

$3,977


$4,536


$1,797


$2,398

Current liabilities
907

1,357

212

71

Non-current liabilities
248

603

280

381

Total liabilities

$1,155


$1,960


$492


$452

 
Pueblo Viejo

Acacia

Cerro Casale

Other

Total

NCI in subsidiary at December 31, 2017
40
%
36.1
%
25
%
Various

 
At January 1, 2016

$1,232


$677


$318


$50


$2,277

Share of income (loss)
174

34

(1
)
(1
)
206

Cash contributed


2

68

70

Disbursements
(95
)
(7
)

(73
)
(175
)
At December 31, 2016

$1,311


$704


$319


$44


$2,378

Share of income (loss)
118

(211
)
173

(2
)
78

Cash contributed


1

12

13

Decrease in non-controlling interest


(493
)

(493
)
Disbursements
(139
)
(13
)

(43
)
(195
)
At December 31, 2017

$1,290


$480


$—


$11


$1,781