XML 123 R69.htm IDEA: XBRL DOCUMENT
v3.25.0.1

FAIR VALUE MEASUREMENTS (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Fair value measurements [Abstract] |
Disclosure of fair value measurement of assets | a) Assets and Liabilities Measured at Fair Value on a Recurring Basis
Fair Value Measurements |  |  |  |  |
At December 31, 2024 | Quoted Prices in Active Markets for Identical Assets | Significant Other Observable Inputs | Significant Unobservable Inputs | Aggregate Fair Value |
(Level 1) | (Level 2) | (Level 3) |
Other investments 1 | $42 |  | $— |  | $— |  | $42 |  |
Receivables from provisional copper and gold sales | — |  | 204 |  | — |  | 204 |  |
| $42 |  | $204 |  | $— |  | $246 |  |
Fair Value Measurements |  |  |  |  |
At December 31, 2023 | Quoted Prices in Active Markets for Identical Assets | Significant Other Observable Inputs | Significant Unobservable Inputs | Aggregate Fair Value |
(Level 1) | (Level 2) | (Level 3) |
Other investments 1 | $131 |  | $— |  | $— |  | $131 |  |
Receivables from provisional copper and gold sales | — |  | 246 |  | — |  | 246 |  |
| $131 |  | $246 |  | $— |  | $377 |  |
1 Includes equity investments in other mining companies. b) Fair Values of Financial Assets and Liabilities
| At December 31, 2024 | At December 31, 2023
| Carrying amount | Estimated fair value | Carrying amount | Estimated fair value
Financial assets |  |  |  |
Other assets 1 | $776 |  | $776 |  | $807 |  | $807 |
Other investments 2 | 42 |  | 42 |  | 131 |  | 131 |
| $818 |  | $818 |  | $938 |  | $938 |
Financial liabilities |  |  |  |
Debt 3 | $4,729 |  | $4,821 |  | $4,726 |  | $5,107 |
Other liabilities | 595 |  | 595 |  | 574 |  | 574 |
| $5,324 |  | $5,416 |  | $5,300 |  | $5,681 |
1 Includes restricted cash and amounts due from our partners and joint ventures. 2 Includes equity investments in other mining companies. Recorded at fair value. Quoted market prices are used to determine fair value. 3 Debt is generally recorded at amortized cost. The fair value of debt is primarily determined using quoted market prices. Balance includes both current and long-term portions of debt. The fair values of the Company’s remaining financial assets and liabilities, which include cash and equivalents, accounts receivable and trade and other payables approximate their carrying values due to their short-term nature. We do not offset financial assets with financial liabilities. c) Assets Measured at Fair Value on a Non-Recurring Basis Valuation Techniques
At December 31, 2024 | Quoted prices in active markets for identical assets | Significant other observable inputs | Significant unobservable inputs | Aggregate fair value
(Level 1) | (Level 2) | (Level 3)
Property, plant and equipment 1 | — |  | — |  | — |  | — |
Goodwill 2 | — |  | — |  | — |  | — |
1 Property, plant and equipment were written down by $151 million, which was included in earnings in this period. 2 Goodwill was written down at Loulo-Gounkoto by $484 million, which was included in earnings in this period.
Disclosure of fair value measurement of financial assets and liabilities |
| At December 31, 2024 | At December 31, 2023
| Carrying amount | Estimated fair value | Carrying amount | Estimated fair value
Financial assets |  |  |  |
Other assets 1 | $776 |  | $776 |  | $807 |  | $807 |
Other investments 2 | 42 |  | 42 |  | 131 |  | 131 |
| $818 |  | $818 |  | $938 |  | $938 |
Financial liabilities |  |  |  |
Debt 3 | $4,729 |  | $4,821 |  | $4,726 |  | $5,107 |
Other liabilities | 595 |  | 595 |  | 574 |  | 574 |
| $5,324 |  | $5,416 |  | $5,300 |  | $5,681 |
1 Includes restricted cash and amounts due from our partners and joint ventures. 2 Includes equity investments in other mining companies. Recorded at fair value. Quoted market prices are used to determine fair value. 3 Debt is generally recorded at amortized cost. The fair value of debt is primarily determined using quoted market prices. Balance includes both current and long-term portions of debt.

X
- Definition Fair value measurements + References No definition available. + Details
Name: | abx_FairValueMeasurementsAbstract
Namespace Prefix: | abx_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of the fair value measurement of assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 13 -IssueDate 2024-01-01 -Paragraph 93 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=13&code=ifrs-tx-2024-en-r&anchor=para_93&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_DisclosureOfFairValueMeasurementOfAssetsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-2022:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of the fair value measurement of liabilities. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 13 -IssueDate 2024-01-01 -Paragraph 93 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=13&code=ifrs-tx-2024-en-r&anchor=para_93&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-2022:textBlockItemType
Balance Type: | na
Period Type: | duration