Mineral Properties, Plant and Equipment

12 Months Ended

Dec. 31, 2022

Property, plant and equipment [abstract]

11. MINERAL PROPERTIES, PLANT AND EQUIPMENT

Mineral properties, plant and equipment consist of:


	Mining Properties
	Depletable		Non-depletable
	Reserves and Resources		Reserves and Resources		Exploration and Evaluation		Plant and Equipment		Total
Carrying value
As at January 1, 2022
Net of accumulated depreciation	$	1,115,905	$	327,424	$	426,495	$	474,727	$	2,344,551
Additions	237,339		42,808		—		20,470		300,617
Disposals	(11,339)		—		—		(5,785)		(17,124)
Depreciation and amortization (1)	(201,277)		(6,494)		—		(113,383)		(321,154)
Depreciation charge captured in inventory	(19,470)		—		—		—		(19,470)
Impairment charge	(73,723)		(478)		—		(24,863)		(99,064)
Transfers	(122,720)		78,860		2,043		41,817		—
Closure and decommissioning – changes in estimate (Note 16)	37,998		—		—		—		37,998
As at December 31, 2022	$	962,713	$	442,120	$	428,538	$	392,983	$	2,226,354
Cost as at December 31, 2022	$	3,123,604	$	617,364	$	841,344	$	1,281,366	$	5,863,678
Accumulated depreciation and impairments	(2,160,891)		(175,244)		(412,806)		(888,383)		(3,637,324)
Carrying value – December 31, 2022	$	962,713	$	442,120	$	428,538	$	392,983	$	2,226,354

(1)Includes $5.1 million of depreciation and amortization included in mine care and maintenance for the year ended December 31, 2022.


	Mining Properties
	Depletable		Non-depletable
	Reserves and Resources		Reserves and Resources		Exploration and Evaluation		Plant and Equipment		Total
Carrying value
As at January 1, 2021
Net of accumulated depreciation	$	996,745	$	307,080	$	431,650	$	679,531	$	2,415,006
Additions	210,484		31,971		7,253		16,766		266,474
Disposals	(1,435)		—		(12,315)		(4,542)		(18,292)
Depreciation and amortization (1)	(166,116)		(2,105)		—		(136,072)		(304,293)
Depreciation charge captured in inventory	(21,249)		—		—		—		(21,249)

Transfers	90,571		(9,522)		(93)		(80,956)		—
Closure and decommissioning – changes in estimate (Note 16)	6,905		—		—		—		6,905
As at December 31, 2021	$	1,115,905	$	327,424	$	426,495	$	474,727	$	2,344,551
Cost as at December 31, 2021	$	3,140,594	$	343,705	$	839,427	$	1,288,392	$	5,612,118
Accumulated depreciation and impairments	(2,024,689)		(16,281)		(412,932)		(813,665)		(3,267,567)
Carrying value – December 31, 2021	$	1,115,905	$	327,424	$	426,495	$	474,727	$	2,344,551

(1)Includes $1.3 million of depreciation and amortization included in mine care and maintenance for the year ended December 31, 2021.


	December 31, 2022						December 31, 2021
	Cost		Accumulated Depreciation (4)		Carrying Value		Cost		Accumulated Depreciation (4)		Carrying Value
Producing properties:
Huaron, Peru	$	231,282	$	(143,171)	$	88,111	$	224,700	$	(141,902)	$	82,798
Morococha, Peru (1)	—		—		—		277,105		(188,821)		88,284
Shahuindo, Peru	636,466		(179,389)		457,077		590,096		(132,727)		457,369
La Arena, Peru	286,235		(142,979)		143,256		208,306		(105,006)		103,300
La Colorada, Mexico	403,698		(205,054)		198,644		355,471		(185,684)		169,787
Dolores, Mexico (1)	1,783,711		(1,586,424)		197,287		1,738,040		(1,350,908)		387,132
Manantial Espejo, Argentina (1) (3)	518,374		(518,374)		—		518,931		(500,244)		18,687
San Vicente, Bolivia	156,260		(119,336)		36,924		151,045		(110,829)		40,216
Timmins, Canada	359,414		(133,120)		226,294		335,488		(103,903)		231,585
Other	29,530		(21,427)		8,103		29,804		(18,330)		11,474
	$	4,404,970	$	(3,049,274)	$	1,355,696	$	4,428,986	$	(2,838,354)	$	1,590,632
Non-Producing Properties:
Land	$	6,879	$	(1,011)	$	5,868	$	6,373	$	(871)	$	5,502
Navidad, Argentina (1)	566,577		(376,141)		190,436		566,577		(376,101)		190,476
Escobal, Guatemala	260,390		(3,078)		257,312		257,390		(1,842)		255,548
Timmins, Canada	63,043		—		63,043		63,018		—		63,018
Shahuindo, Peru	1,376		—		1,376		3,549		—		3,549
La Arena, Peru	117,000		—		117,000		117,005		—		117,005
Minefinders, Mexico (1)	77,210		(37,453)		39,757		78,443		(36,975)		41,468
La Colorada, Mexico	94,672		—		94,672		55,370		—		55,370
Morococha, Peru (2)	238,827		(158,101)		80,726		2,981		—		2,981
Other	32,734		(12,266)		20,468		32,426		(13,424)		19,002
	$	1,458,708	$	(588,050)	$	870,658	$	1,183,132	$	(429,213)	$	753,919
Total	$	5,863,678	$	(3,637,324)	$	2,226,354	$	5,612,118	$	(3,267,567)	$	2,344,551

(1)Includes previously recorded impairment charges at December 31, 2022 of $635.5 million (2021 - $536.4 million) at Dolores, $173.4 million (2021 - $173.4 million) at Manantial Espejo, $386.1 million (2021 - $386.1 million) at Navidad, and $37.0 million (2021 - $37.0 million) at Minefinders.

(2)Morococha was placed on care and maintenance in February 2022.

(3)Manantial Espejo ceased production subsequent to year end.

(4)Includes impairments.