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ACCOUNTS RECEIVABLE AND OTHER CURRENT ASSETS (Tables)
 12 Months Ended
Dec. 31, 2023
Accounts receivable and other current assets [Abstract]  
Schedule of accounts receivables and other current assets Accounts Receivable and Other Current Assets
As at December 31, 2023 As at December 31, 2022
Accounts receivable
   Amounts due from concentrate sales $246  $188 
   Other receivables 447  366 
  $693  $554 
Other current assets
   Restricted cash1
 —  945 
   Value added taxes recoverable2
 337  352 
   Prepaid expenses 203  243 
   Kibali JV Receivable3
 148  — 
   Derivative assets4
 —  59 
   Other5
 127  91 
  $815  $1,690 
1Relates to restricted cash balance for Antofagasta plc, which funded their exit from the Reko Diq project, following its reconstitution as described in note 4. This was settled in the second quarter of 2023.
2Primarily includes VAT and fuel tax recoverables of $106 million in Zambia, $84 million in Mali, $51 million in Tanzania, $18 million in Argentina, and $11 million in the Dominican Republic (Dec. 31, 2022: $172 million, $49 million, $66 million, $32 million, and $12 million, respectively).
3Refer to note 16 for further details.
4Primarily consists of contingent consideration received as part of the sale of Massawa in 2020 and Lagunas Norte in 2021. During the first quarter of 2023, the final settlement of $46.25 million was received relating to the Massawa contingent consideration. During the fourth quarter of 2023, $15 million was received relating to the Lagunas Norte contingent consideration.
52023 and 2022 balance includes $50 million asset reflecting the final settlement of Zambian tax matters.