Barrick Gold (GOLD) 6-K 15 Feb 23 2022 FY Current report (foreign) Financial data

Cover

Cover	12 Months Ended
	Dec. 31, 2022
Document Information [Line Items]
Document Type	6-K
Document Period End Date	Dec. 31, 2022
Entity Registrant Name	BARRICK GOLD CORP
Entity Central Index Key	0000756894
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	FY
Amendment Flag	false

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Profit or loss [abstract]
Revenue (notes 5 and 6)	$ 11,013	$ 11,985
Costs and expenses (income)
Cost of sales (notes 5 and 7)	7,497	7,089
General and administrative expenses (note 11)	159	151
Exploration, evaluation and project expenses	350	287
Impairment charges (reversals) (notes 10 and 21)	1,671	(63)
Loss on currency translation	16	29
Closed mine rehabilitation (note 27b)	(136)	18
Income from equity investees (note 16)	(258)	(446)
Other (income) expense (note 9)	(268)	(67)
Income before finance items and income taxes	1,982	4,987
Finance costs, net (note 14)	(301)	(355)
Income before income taxes	1,681	4,632
Income tax expense (note 12)	(664)	(1,344)
Net income	1,017	3,288
Attributable to:
Equity holders of Barrick Gold Corporation	432	2,022
Non-controlling interests (note 32)	$ 585	$ 1,266
Earnings (loss) per share data attributable to the equity holders of Barrick Gold Corporation (note 13)
Basic	$ 0.24	$ 1.14
Diluted	$ 0.24	$ 1.14

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Statement of comprehensive income [abstract]
Net income	$ 1,017	$ 3,288
Items that may be reclassified subsequently to profit or loss:
Realized losses on derivatives designated as cash flow hedges, net of tax $nil and $nil	1	3
Currency translation adjustments, net of tax $nil and $nil	1	2
Items that will not be reclassified to profit or loss:
Actuarial gain on post-employment benefit obligations, net of tax $nil and ($1)	8	2
Net change in value of equity investments, net of tax ($7) and $8	39	(44)
Total other comprehensive income (loss)	49	(37)
Total comprehensive income	1,066	3,251
Attributable to:
Equity holders of Barrick Gold Corporation	481	1,985
Non-controlling interests	$ 585	$ 1,266

Consolidated Statements of Co_2

Consolidated Statements of Comprehensive Income (Parentheticals) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Statement of comprehensive income [abstract]
Income tax relating to realized losses on derivatives designated as cash flow hedges	$ 0	$ 0
Income tax relating to currency translation adjustments	0	0
Income tax relating to actuarial loss on post employment benefit obligations	0	(1)
Income tax relating to net change on equity investments	$ (7)	$ 8

Consolidated Statements of Cash

Consolidated Statements of Cash Flow - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021
OPERATING ACTIVITIES
Net income		$ 1,017	$ 3,288
Adjustments for the following items:
Depreciation		1,997	2,102
Finance costs (note 14)	[1]	301	355
Net impairment charges (reversals) (notes 10 and 21)		1,671	(63)
Income tax expense (note 12)		664	1,344
Income from investment in equity investees (note 16)		(258)	(446)
Loss on currency translation		16	29
Gain on sale of non-current assets (note 9)		(405)	(213)
Change in working capital (note 15)		(322)	(273)
Other operating activities (note 15)		(217)	(203)
Operating cash flows before interest and income taxes		4,464	5,920
Interest paid		(305)	(303)
Interest received	[1]	89	35
Income taxes paid	[2]	(767)	(1,274)
Net cash provided by operating activities		3,481	4,378
INVESTING ACTIVITIES
Capital expenditures (note 5)		(3,049)	(2,435)
Sales proceeds		88	35
Divestitures (note 4)		0	27
Proceeds from sales of investments other than investments accounted for using equity method		381
Purchase of investments other than investments accounted for using equity method			(46)
Dividends received from equity method investments (note 16)		869	520
Shareholder loan repayments from equity method investments (note 16)		0	2
Net cash used in investing activities		(1,711)	(1,897)
FINANCING ACTIVITIES
Lease repayments		(20)	(20)
Debt repayments		(375)	(7)
Dividends (note 31)		(1,143)	(634)
Return of capital (note 31)		0	(750)
Share buyback program (note 31)		(424)	0
Funding from non-controlling interests (note 32)		0	12
Disbursements to non-controlling interests (note 32)		(833)	(1,104)
Other financing activities (note 15)		191	115
Net cash used in financing activities		(2,604)	(2,388)
Effect of exchange rate changes on cash and equivalents		(6)	(1)
Net increase (decrease) in cash and equivalents		(840)	92
Cash and equivalents at beginning of year (note 25a)		5,280	5,188
Cash and equivalents at the end of year		$ 4,440	$ 5,280
[1]2021 figures have been restated to present the change in presentation to present interest received ($35 million) separately from finance costs.[2]Income taxes paid excludes $126 million (2021: $69 million) of income taxes payable that were settled against offsetting VAT receivables.

Consolidated Statements of Ca_2

Consolidated Statements of Cash Flow (Parentheticals) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021
Statement of cash flows [abstract]
Interest received	[1]	$ 89	$ 35
Income taxes payable settled against VAT receivables		$ 126	$ 69
[1]2021 figures have been restated to present the change in presentation to present interest received ($35 million) separately from finance costs.

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Current assets
Cash and equivalents (note 25a)	$ 4,440	$ 5,280
Accounts receivable (note 18)	554	623
Inventories (note 17)	1,781	1,734
Other current assets (note 18)	1,690	612
Current assets	8,465	8,249
Non-current assets
Non-current portion of inventory (note 17)	2,819	2,636
Equity in investees (note 16)	3,983	4,594
Property, plant and equipment (note 19)	25,821	24,954
Intangible assets (note 20a)	149	150
Goodwill	3,581	4,769
Deferred income tax assets (note 30)	19	29
Other assets (note 22)	1,128	1,509
Total assets	45,965	46,890
Current liabilities
Accounts payable (note 23)	1,556	1,448
Debt (note 25b)	13	15
Current income tax liabilities	163	285
Other current liabilities (note 24)	1,388	338
Total current liabilities	3,120	2,086
Non-current liabilities
Debt (note 25b)	4,769	5,135
Provisions (note 27)	2,211	2,768
Deferred income tax liabilities (note 30)	3,247	3,293
Other liabilities (note 29)	1,329	1,301
Total liabilities	14,676	14,583
Equity
Capital stock (note 31)	28,114	28,497
Deficit	(7,282)	(6,566)
Accumulated other comprehensive (loss) income	26	(23)
Other	1,913	1,949
Total equity attributable to Barrick Gold Corporation shareholders	22,771	23,857
Non-controlling interests (note 32)	8,518	8,450
Total equity	31,289	32,307
Total liabilities and equity	$ 45,965	$ 46,890

Consolidated Statements of Chan

Consolidated Statements of Changes in Equity - USD ($) shares in Thousands, $ in Millions	Total	Capital stock	Deficit	Accumulated other comprehensive (loss) income		Other		Total equity attributable to shareholders	Non-controlling interests
Beginning balance, shares at Dec. 31, 2020		1,778,190
Beginning balance at Dec. 31, 2020	$ 31,710	$ 29,236	$ (7,949)	$ 14	[1]	$ 2,040	[2]	$ 23,341	$ 8,369
Net income	3,288	0	2,022	0		0		2,022	1,266
Total other comprehensive income	(37)	0	0	(37)	[1]	0		(37)	0
Total comprehensive income	3,251	$ 0	2,022	(37)	[1]	0		1,985	1,266
Transactions with owners
Issued on exercise of stock options, shares		50
Dividend reinvestment plan, shares		192
Number of share options exercised in share-based payment arrangement		899
Total transactions with owners, shares		1,141
Dividends (note 31)	(634)	$ 0	(634)	0		0		(634)	0
Return of capital (note 31)	(750)	(750)	0	0		0	[2]	(750)	0
Increase (decrease) through acquisition of subsidiary, equity	(171)	0	0	0		(85)	[2]	(85)	(86)
Issued on exercise of stock options, capital stock	0	0	0	0		0		0	0
Funding from non-controlling interests (note 32)	12	0	0	0		0		0	12
Disbursements to non-controlling interests (note 32)	(1,111)	0	0	0		0		0	(1,111)
Dividend reinvestment plan (note 31)	0	5	(5)	0		0		0	0
Share-based payments	0	6	0	0		(6)	[2]	0	0
Total transactions with owners	(2,654)	$ (739)	(639)	0		(91)	[2]	(1,469)	(1,185)
Ending balance, shares at Dec. 31, 2021		1,779,331
Ending balance at Dec. 31, 2021	32,307	$ 28,497	(6,566)	(23)	[1]	1,949	[2]	23,857	8,450
Net income	1,017	0	432	0		0		432	585
Total other comprehensive income	49	0	0	49	[1]	0		49	0
Total comprehensive income	1,066	$ 0	432	49	[1]	0		481	585
Transactions with owners
Dividend reinvestment plan, shares		269
Increase (decrease) through share repurchase program, shares		(24,250)
Total transactions with owners, shares		(23,981)
Dividends (note 31)	(1,143)	$ 0	(1,143)	0		0		(1,143)	0
Increase (decrease) through acquisition of subsidiary, equity	329	0	0	0		0	[2]	0
Disbursements to non-controlling interests (note 32)	(846)	0	0	0		0		0	(846)
Dividend reinvestment plan (note 31)	0	5	(5)	0		0		0	0
Share buyback program (note 31)	(424)	(388)	0	0		(36)	[2]	(424)	0
Total transactions with owners	(2,084)	$ (383)	(1,148)	0		(36)	[2]	(1,567)	(517)
Ending balance, shares at Dec. 31, 2022		1,755,350
Ending balance at Dec. 31, 2022	$ 31,289	$ 28,114	$ (7,282)	$ 26	[1]	$ 1,913	[2]	$ 22,771	$ 8,518
[1]Includes cumulative translation adjustments as at December 31, 2022: $93 million loss (December 31, 2021: $94 million loss).[2]Includes additional paid-in capital as at December 31, 2022: $1,875 million (December 31, 2021: $1,911 million).

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Equity (Parentheticals) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Equity	$ 31,289	$ 32,307
Cumulative translation adjustments
Equity	(93)	(94)
Additional paid-in capital
Equity	$ 1,875	$ 1,911

CORPORATE INFORMATION

CORPORATE INFORMATION	12 Months Ended
	Dec. 31, 2022
Corporate information [Abstract]
Corporate Information	Corporate Information Barrick Gold Corporation (“Barrick”, “we” or the “Company”) is a corporation governed by the Business Corporations Act (British Columbia) . The Company’s corporate office is located at Brookfield Place, TD Canada Trust Tower, 161 Bay Street, Suite 3700, Toronto, Ontario, M5J 2S1. The Company’s registered office is 925 West Georgia Street, Suite 1600, Vancouver, British Columbia, V6C 3L2. Barrick shares trade on the New York Stock Exchange under the symbol GOLD and the Toronto Stock Exchange under the symbol ABX. We are principally engaged in the production and sale of gold and copper, as well as related activities such as exploration and mine development. We sell our gold and copper into the world market.

MATERIAL ACCOUNTING POLICY INFO

MATERIAL ACCOUNTING POLICY INFORMATION	12 Months Ended
	Dec. 31, 2022
Material accounting policy information [Abstract]
Material Accounting Policy Information	Material Accounting Policy Information a) Statement of Compliance These consolidated financial statements have been prepared in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board (“IASB”). Accounting policies are consistently applied to all years presented, unless otherwise stated. These consolidated financial statements were approved for issuance by the Board of Directors on February 14, 2023. b) Basis of Preparation These consolidated financial statements include the accounts of Barrick, its subsidiaries, its share of joint operations (“JO”) and its equity share of joint ventures (“JV”). For non wholly-owned, controlled subsidiaries, profit or loss for the period that is attributable to non-controlling interests is typically calculated based on the ownership of the minority shareholders in the subsidiary. Outlined below is information related to our joint arrangements and entities other than 100% owned Barrick subsidiaries at December 31, 2022: Place of business Entity type Economic interest 1 Method 2 Nevada Gold Mines 3,4 United States Subsidiary 61.5% Consolidation North Mara 3,5 Tanzania Subsidiary 84% Consolidation Bulyanhulu 3,5 Tanzania Subsidiary 84% Consolidation Buzwagi 3,5 Tanzania Subsidiary 84% Consolidation Loulo-Gounkoto 3 Mali Subsidiary 80% Consolidation Tongon 3 Côte d’Ivoire Subsidiary 89.7% Consolidation Pueblo Viejo 3 Dominican Republic Subsidiary 60% Consolidation Reko Diq Project 3,6 Pakistan Subsidiary 50% Consolidation Norte Abierto Project Chile JO 50% Our share Donlin Gold Project United States JO 50% Our share Porgera Mine 7,8 Papua New Guinea JO 47.5% Our share Veladero Argentina JO 50% Our share Kibali 9 Democratic Republic of Congo JV 45% Equity Method Jabal Sayid 9 Saudi Arabia JV 50% Equity Method Zaldívar 9 Chile JV 50% Equity Method 1 Unless otherwise noted, all of our JOs are funded by contributions made by the parties sharing joint control 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 Carlin, Cortez, Turquoise Ridge, Phoenix, Long Canyon, North Mara, Bulyanhulu, Buzwagi, Loulo-Gounkoto, Tongon, Pueblo Viejo and the Reko Diq project and record a non-controlling interest for the interest that we do not own. 4 Included within our 61.5% interest in Carlin is Nevada Gold Mines’ (“NGM”) 60% interest in South Arturo. On September 7, 2021, NGM announced it had entered into an Exchange Agreement with i-80 Gold to acquire the 40% interest in South Arturo that NGM did not already own in exchange for the Lone Tree and Buffalo Mountain properties and infrastructure. The exchange transaction closed on October 14, 2021, bringing Barrick’s ownership of South Arturo to 61.5%. 5 The Government of Tanzania receives half of the economic benefits from the Tanzanian operations (Bulyanhulu, Buzwagi and North Mara) from taxes, royalties, clearing fees and participation in all cash distributions made by the mines, after the recoupment of capital investments. Earnings are recorded proportionally based on our equity interests each period in accordance with the terms of the agreement with the Government of Tanzania. 6 On December 15, 2022, we completed the reconstitution of the Reko Diq project, bringing Barrick’s interest in the joint operation from 37.5% (equity method) to 50% (consolidated subsidiary). Refer to note 4 for further details. 7 We have joint control given that decisions about relevant activities require unanimous consent of the parties to the joint operation. 8 We recognize our share of Porgera on a 47.5% interest basis, reflecting Barrick’s undisputed ownership position prior to April 24, 2020, and the ownership position Barrick is asserting in its legal proceedings in the Papua New Guinea (“PNG”) court. On August 16, 2019, the special mining lease (the “SML”) at Porgera was terminated and on April 24, 2020, the PNG government indicated that the SML would not be extended. On April 9, 2021, the PNG government and Barrick Nuigini Limited (“BNL”), the 95% owner and operator of the Porgera joint venture, agreed on a partnership for the future ownership and operation of the mine under a binding Framework Agreement. The Framework Agreement was replaced by the more detailed Porgera Project Commencement Agreement (“PPCA)”, which became effective on February 3, 2022. Under the terms of the binding PPCA, ownership of Porgera will be held in a new joint venture owned 51% by PNG stakeholders and 49% by BNL or an affiliate. BNL is jointly owned on a 50/50 basis by Barrick and Zijin Mining Group and therefore Barrick expects to hold a 24.5% interest in the Porgera mine following the implementation of the PPCA. BNL will retain operatorship of the mine. The parties are working towards the signing of definitive agreements, at which time, full mine recommencement work will begin. For additional information, see note 35. 9 Barrick has commitments of $558 million relating to its interest in the joint ventures, including purchase obligations disclosed in note 17 and capital commitments disclosed in note 19. c) Business Combinations On the acquisition of a business, the acquisition method of accounting is used. d) Foreign Currency Translation The functional currency of all of our operations is the US dollar. We translate non-US dollar balances for these operations into US dollars as follows: ▪ Property, plant and equipment (“PP&E”), intangible assets and equity method investments using the rates at the time of acquisition; ▪ Fair value through other comprehensive income (“FVOCI”) equity investments using the closing exchange rate as at the balance sheet date with translation gains and losses permanently recorded in Other Comprehensive Income (“OCI”); ▪ Deferred tax assets and liabilities using the closing exchange rate as at the balance sheet date with translation gains and losses recorded in income tax expense; ▪ Other assets and liabilities using the closing exchange rate as at the balance sheet date with translation gains and losses recorded in other income/expense; and ▪ Income and expenses using the average exchange rate for the period, except for expenses that relate to non-monetary assets and liabilities measured at historical rates, which are translated using the same historical rate as the associated non-monetary assets and liabilities. e) Revenue Recognition We sell our production in the world market through the following distribution channels: gold bullion is sold in the gold spot market, to independent refineries or to our non-controlling interest holders; and gold and copper concentrate is sold to independent smelting or trading companies. Gold Bullion Sales Gold bullion is sold primarily in the London spot market. The sale price is fixed on the date of sale based on the gold spot price. Generally, we record revenue from gold bullion sales at the time of physical delivery, which is also the date that title to the gold passes. Concentrate Sales Under the terms of concentrate sales contracts with independent smelting companies, gold and copper sales prices are provisionally set on a specified future date after shipment based on market prices. We record revenues under these contracts at the time of shipment, which is also when the risk and rewards of ownership pass to the smelting companies, using forward market gold and copper prices on the expected date that final sales prices will be determined. Variations between the price recorded at the shipment date and the actual final price set under the smelting contracts are caused by changes in market gold and copper prices, which result in the existence of an embedded derivative in accounts receivable. The embedded derivative is recorded at fair value each period until final settlement occurs, with changes in fair value classified as provisional price adjustments and included in revenue in the consolidated statement of income and presented separately in note 6 of these consolidated financial statements. Streaming Arrangements As the deferred revenue on streaming arrangements is considered variable consideration, an adjustment is made to the transaction price per unit each time there is a change in the underlying production profile of a mine (typically in the fourth quarter of each year). The change in the transaction price per unit results in a cumulative catch-up adjustment to revenue in the period in which the change is made, reflecting the new production profile expected to be delivered under the streaming agreement. A corresponding cumulative catch-up adjustment is made to accretion expense, reflecting the impact of the change in the deferred revenue balance. f) Exploration and Evaluation Exploration expenditures are the costs incurred in the initial search for mineral deposits with economic potential or in the process of obtaining more information about existing mineral deposits. Exploration expenditures typically include costs associated with prospecting, sampling, mapping, diamond drilling and other work involved in searching for ore. Evaluation expenditures are the costs incurred to establish the technical and commercial viability of developing mineral deposits identified through exploration activities or by acquisition. Evaluation expenditures include the cost of; (i) establishing the volume and grade of deposits through drilling of core samples, trenching and sampling activities in an ore body that is classified as either a mineral resource or a proven and probable reserve; (ii) determining the optimal methods of extraction and metallurgical and treatment processes; (iii) studies related to surveying, transportation and infrastructure requirements; (iv) permitting activities; and (v) economic evaluations to determine whether development of the mineralized material is commercially justified, including scoping, pre-feasibility and final feasibility studies. Exploration and evaluation expenditures are expensed as incurred unless management determines that probable future economic benefits will be generated as a result of the expenditures. Once the technical feasibility and commercial viability of a program or project has been demonstrated with a pre-feasibility study, and we have recognized reserves in accordance with the Canadian Securities Administrators’ National Instrument 43-101 - Standards of Disclosure for Mineral Projects , we account for future expenditures incurred in the development of that program or project in accordance with our policy for Property, Plant and Equipment, as described in note 2l. g) Production Stage A mine that is under construction is determined to enter the production stage when the project is in the location and condition necessary for it to be capable of operating in the manner intended by management. We use the following factors to assess whether these criteria have been met: (1) the level of capital expenditures compared to construction cost estimates; (2) the completion of a reasonable period of commissioning and testing of mine plant and equipment; (3) the ability to produce minerals in saleable form (within specifications); and (4) the ability to sustain ongoing production of minerals. When a mine construction project moves into the production stage, the capitalization of certain mine construction costs ceases and costs are either capitalized to inventory or expensed, except for capitalizable costs related to property, plant and equipment additions or improvements, open pit stripping activities that provide a future benefit, underground mine development or expenditures that meet the criteria for capitalization in accordance with IAS 16 Property, Plant and Equipment. h) Taxation Current tax for each taxable entity is based on the local taxable income at the local statutory tax rate enacted or substantively enacted at the balance sheet date and includes adjustments to tax payable or recoverable in respect of previous periods. Deferred tax is recognized using the balance sheet method in respect of all temporary differences between the tax bases of assets and liabilities, and their carrying amounts for financial reporting purposes, except as indicated below. Deferred income tax liabilities are recognized for all taxable temporary differences, except: • Where the deferred income tax liability arises from the initial recognition of goodwill, or the initial recognition of an asset or liability in an acquisition that is not a business combination and, at the time of the acquisition, affects neither the accounting profit nor taxable profit or loss; and • In respect of taxable temporary differences associated with investments in subsidiaries and interests in joint arrangements, where the timing of the reversal of the temporary differences can be controlled and it is probable that the temporary differences will not reverse in the foreseeable future. Deferred income tax assets are recognized for all deductible temporary differences and the carry forward of unused tax assets and unused tax losses, to the extent that it is probable that taxable profit will be available against which the deductible temporary differences and the carry forward of unused tax assets and unused tax losses can be utilized, except: • Where the deferred income tax asset relating to the deductible temporary difference arises from the initial recognition of an asset or liability in an acquisition that is not a business combination and, at the time of the acquisition, affects neither the accounting profit nor taxable profit or loss; and • In respect of deductible temporary differences associated with investments in subsidiaries and interests in joint arrangements, deferred tax assets are recognized only to the extent that it is probable that the temporary differences will reverse in the foreseeable future and taxable profit will be available against which the temporary differences can be utilized. The carrying amount of deferred income tax assets is reviewed at each balance sheet date and reduced to the extent that it is no longer probable that sufficient taxable profit will be available to allow all or part of the deferred income tax asset to be utilized. To the extent that an asset not previously recognized fulfills the criteria for recognition, a deferred income tax asset is recorded. Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which the asset is realized or the liability is settled, based on tax rates and tax laws enacted or substantively enacted at the balance sheet date. Current and deferred tax relating to items recognized directly in equity are recognized in equity and not in the income statement. The Company is subject to assessments by various taxation authorities, who may interpret tax legislation differently than the Company. Tax liabilities for uncertain tax positions are adjusted by the Company to reflect its best estimate of the probable outcome of assessments and in light of changing facts and circumstances, such as the completion of a tax audit, expiration of a statute of limitations, the refinement of an estimate, and interest accruals associated with the uncertain tax positions until they are resolved. Some of these adjustments require significant judgment in estimating the timing and amount of any additional tax expense. Royalties and Special Mining Taxes Income tax expense includes the cost of royalties and special mining taxes payable to governments that are calculated based on a percentage of taxable profit whereby taxable profit represents net income adjusted for certain items defined in the applicable legislation. Indirect Taxes Indirect tax recoverable is recorded at its undiscounted amount, and is disclosed as non-current if not expected to be recovered within twelve months. i) Other Investments Investments in publicly quoted equity securities that are neither subsidiaries nor associates are categorized as FVOCI pursuant to the irrevocable election available in IFRS 9 for these instruments. FVOCI equity investments are recorded at fair value with all realized and unrealized gains and losses recorded permanently in OCI. Warrant investments are classified as fair value through profit or loss (“FVPL”). j) Inventory Material extracted from our mines is classified as either ore or waste. Ore represents material that, at the time of extraction, we expect to process into a saleable form and sell at a profit. Raw materials are comprised of both ore in stockpiles and ore on leach pads as processing is required to extract benefit from the ore. Ore is accumulated in stockpiles that are subsequently processed into gold/copper in a saleable form. The recovery of gold and copper from certain oxide ores is achieved through the heap leaching process. Work in process represents gold/copper in the processing circuit that has not completed the production process, and is not yet in a saleable form. Finished goods inventory represents gold/copper in saleable form. Metal inventories are valued at the lower of cost and net realizable value. Cost is determined on a weighted average basis and includes all costs incurred, based on a normal production capacity, in bringing each product to its present location and condition. Cost of inventories comprises: direct labor, materials and contractor expenses, including non-capitalized stripping costs; depreciation on PP&E including capitalized stripping costs; and an allocation of general and administrative costs. As ore is removed for processing, costs are removed based on the average cost per ounce/pound in the stockpile. Net realizable value is determined with reference to relevant market prices less applicable variable selling and downstream processing costs. Inventory provisions are reversed to reflect subsequent improvements in net realizable value where the inventory is still on hand. Mine operating supplies represent commodity consumables and other raw materials used in the production process, as well as spare parts and other maintenance supplies that are not classified as capital items. Provisions are recorded to reduce mine operating supplies to net realizable value, which is generally calculated by reference to its salvage or scrap value, when it is determined that the supplies are obsolete. k) Royalties Certain of our properties are subject to royalty arrangements based on mineral production at the properties. The primary type of royalty is a net smelter return (“NSR”) royalty. Under this type of royalty we pay the holder an amount calculated as the royalty percentage multiplied by the value of gold production at market gold prices less third-party smelting, refining and transportation costs. Royalty expense is recorded on completion of the production or sales process in cost of sales. Other types of royalties include: • Net profits interest (“NPI”) royalty to a party other than a government, • Modified NSR royalty, • Net smelter return sliding scale (“NSRSS”) royalty, • Gross proceeds sliding scale (“GPSS”) royalty, • Gross smelter return (“GSR”) royalty, • Net value (“NV”) royalty, • Land tenement (“LT”) royalty, and a • Gold revenue royalty. l) Property, Plant and Equipment Estimated useful lives of Major Asset Categories Buildings, plant and equipment 1 - 38 years Underground mobile equipment 3 - 7 years Light vehicles and other mobile equipment 1 - 7 years Furniture, computer and office equipment 1 - 7 years Buildings, Plant and Equipment At acquisition, we record buildings, plant and equipment at cost, including all expenditures incurred to prepare an asset for its intended use. These expenditures consist of: the purchase price; brokers’ commissions; and installation costs including architectural, design and engineering fees, legal fees, survey costs, site preparation costs, freight charges, transportation insurance costs, duties, testing and preparation charges. Buildings, plant and equipment are depreciated on a straight-line basis over their expected useful life, which commences when the assets are considered available for use. Once buildings, plant and equipment are considered available for use, they are measured at cost less accumulated depreciation and applicable impairment losses. Depreciation on equipment utilized in the development of assets, including open pit and underground mine development, is recapitalized as development costs attributable to the related asset. Mineral Properties Mineral properties consist of: the fair value attributable to mineral reserves and resources acquired in a business combination or asset acquisition; underground mine development costs; open pit mine development costs; capitalized exploration and evaluation costs; and capitalized interest. In addition, we incur project costs which are generally capitalized when the expenditures result in a future benefit. i) Acquired Mining Properties On acquisition of a mining property, we prepare an estimate of the fair value attributable to the proven and probable mineral reserves, mineral resources and exploration potential attributable to the property. The estimated fair value attributable to the mineral reserves and the portion of mineral resources considered to be probable of economic extraction at the time of the acquisition is depreciated on a units of production (“UOP”) basis whereby the denominator is the proven and probable reserves and the portion of mineral resources considered to be probable of economic extraction based on the current life of mine (“LOM”) plan that benefit from the development and are considered probable of economic extraction. The estimated fair value attributable to mineral resources that are not considered to be probable of economic extraction at the time of the acquisition is not subject to depreciation until the resources become probable of economic extraction in the future. The estimated fair value attributable to exploration licenses is recorded as an intangible asset and is not subject to depreciation until the property enters production. ii) Underground Mine Development Costs At our underground mines, we incur development costs to build new shafts, drifts and ramps that will enable us to physically access ore underground. The time over which we will continue to incur these costs depends on the mine life. These underground development costs are capitalized as incurred. Capitalized underground development costs are depreciated on a UOP basis, whereby the denominator is the estimated ounces/pounds of gold/copper in proven and probable reserves and the portion of resources considered probable of economic extraction based on the current LOM plan that benefit from the development and are considered probable of economic extraction. iii) Open Pit Mine Development Costs In open pit mining operations, it is necessary to remove overburden and other waste materials to access ore from which minerals can be extracted economically. The process of mining overburden and waste materials is referred to as stripping. Stripping costs incurred in order to provide initial access to the ore body (referred to as pre-production stripping) are capitalized as open pit mine development costs. Pre-production stripping costs are capitalized until an “other than de minimis” level of mineral is extracted, after which time such costs are either capitalized to inventory or, if it qualifies as an open pit stripping activity that provides a future benefit, to PP&E. We consider various relevant criteria to assess when an “other than de minimis” level of mineral is produced. Some of the criteria considered would include, but are not limited to, the following: (1) the amount of minerals mined versus total ounces in ore expected over the LOM; (2) the amount of ore tonnes mined versus total LOM expected ore tonnes mined; (3) the current stripping ratio versus the strip ratio expected over the LOM; and (4) the ore grade mined versus the grade expected over the LOM. Stripping costs incurred during the production stage of an open pit are accounted for as costs of the inventory produced during the period that the stripping costs are incurred, unless these costs are expected to provide a future economic benefit to an identifiable component of the ore body. Components of the ore body are based on the distinct development phases identified by the mine planning engineers when determining the optimal development plan for the open pit. Production phase stripping costs generate a future economic benefit when the related stripping activity: (1) improves access to a component of the ore body to be mined in the future; (2) increases the fair value of the mine (or open pit) as access to future mineral reserves becomes less costly; and (3) increases the productive capacity or extends the productive life of the mine (or open pit). Production phase stripping costs that are expected to generate a future economic benefit are capitalized as open pit mine development costs. Capitalized open pit mine development costs are depreciated on a UOP basis whereby the denominator is the estimated ounces/pounds of gold/copper in proven and probable reserves and the portion of resources considered probable of economic extraction based on the current LOM plan that benefit from the development and are considered probable of economic extraction. Construction-in-Progress Assets under construction are capitalized as construction-in-progress until the asset is available for use. The cost of construction-in-progress comprises its purchase price and any costs directly attributable to bringing it into working condition for its intended use. Construction-in-progress amounts related to development projects are included in the carrying amount of the development project. Construction-in-progress amounts incurred at operating mines are presented as a separate asset within PP&E. Construction-in-progress also includes deposits on long lead items. Construction-in-progress is not depreciated. Depreciation commences once the asset is complete, commissioned and available for use. Capitalized Interest We capitalize interest costs for qualifying assets. Qualifying assets are assets that require a significant amount of time to prepare for their intended use, including projects that are in the exploration and evaluation, development or construction stages. Qualifying assets also include significant expansion projects at our operating mines. Capitalized interest costs are considered an element of the cost of the qualifying asset which is determined based on gross expenditures incurred on an asset. Capitalization ceases when the asset is substantially complete or if active development is suspended or ceases. Where the funds used to finance a qualifying asset form part of general borrowings, the amount capitalized is calculated using a weighted average of rates applicable to the relevant borrowings during the period. Where funds borrowed are directly attributable to a qualifying asset, the amount capitalized represents the borrowing costs specific to those borrowings. Where surplus funds available out of money borrowed specifically to finance a project are temporarily invested, the total capitalized interest is reduced by income generated from short-term investments of such funds. m) Impairment (and Reversals of Impairment) of Non-Current Assets We review and test the carrying amounts of PP&E and intangible assets with finite lives when an indicator of impairment is considered to exist. Impairment assessments on PP&E and intangible assets are conducted at the level of the cash generating unit (“CGU”), which is the lowest level for which identifiable cash flows are largely independent of the cash flows of other assets and includes liabilities specific to the CGU. For operating mines and projects, the individual mine/project represents a CGU for impairment testing. The recoverable amount of a CGU is the higher of Value in Use (“VIU”) and Fair Value Less Costs of Disposal (“FVLCD”). We have determined that the FVLCD is greater than the VIU amounts and is therefore used as the recoverable amount for impairment testing purposes. An impairment loss is recognized for any excess of the carrying amount of a CGU over its recoverable amount where both the recoverable amount and carrying value include the associated other assets and liabilities, including taxes where applicable, of the CGU. Where it is not appropriate to allocate the loss to a separate asset, an impairment loss related to a CGU is allocated to the carrying amount of the assets of the CGU on a pro rata basis based on the carrying amount of its non-monetary assets. Impairment Reversal An assessment is made at each reporting date to determine whether there is an indication that previously recognized impairment losses may no longer exist or may have decreased. A previously recognized impairment loss is reversed only if there has been a change in the assumptions used to determine the CGU’s recoverable amount since the last impairment loss was recognized. This reversal is recognized in the consolidated statements of income and is limited to the carrying value that would have been determined, net of any depreciation where applicable, had no impairment charge been recognized in prior years. When an impairment reversal is undertaken, the recoverable amount is assessed by reference to the higher of VIU and FVLCD. We have determined that the FVLCD is greater than the VIU amounts and is therefore used as the recoverable amount for impairment testing purposes. n) Intangible Assets On acquisition of a mineral property in the exploration stage, we prepare an estimate of the fair value attributable to the exploration licenses acquired, including the fair value attributable to mineral resources, if any, of that property. The fair value of the exploration license is recorded as an intangible asset (acquired exploration potential) as at the date of acquisition. When an exploration stage property moves into development, the acquired exploration potential attributable to that property is transferred to mining interests within PP&E. We also have water rights associated with our mineral properties. Upon acquisition, they are measured at initial cost and are depreciated when they are being used. They are also subject to impairment testing when an indicator of impairment is considered to exist. o) Goodwill Goodwill is tested for impairment in the fourth quarter and also when there is an indicator of impairment. At the date of acquisition, goodwill is assigned to the CGU or group of CGUs that is expected to benefit from the synergies of the business combination. For the purposes of impairment testing, goodwill is allocated to the Company’s operating segments, which are our individual minesites, and corresponds to the level at which goodwill is internally monitored by the Chief Operating Decision Maker (“CODM”). Goodwill impairment charges are not reversible. p) Debt Debt is recognized initially at fair value, net of financing costs incurred, and subsequently measured at amortized cost. Any difference between the amounts originally received and the redemption value of the debt is recognized in the consolidated statements of income over the period to maturity using the effective interest method. q) Environmental Rehabilitation Provision Mining, extraction and processing activities normally give rise to obligations for environmental rehabilitation. Rehabilitation work can include facility decommissioning and dismantling; removal or treatment of waste materials; site and land rehabilitation, including compliance with and monitoring of environmental regulations; security and other site-related costs required to perform the rehabilitation work; and operation of equipment designed to reduce or eliminate environmental effects. The extent of work required and the associated costs are dependent on the requirements of relevant authorities and our environmental policies. Routine operating costs that may impact the ultimate closure and rehabilitation activities, such as waste material handling conducted as an integral part of a mining or production process, are not included in the provision. Abnormal costs arising from unforeseen circumstances, such as the contamination caused by unplanned discharges, are recognized as an expense and liability when the event that gives rise to an obligation occurs and reliable estimates of the required rehabilitation costs can be made. Provisions for the cost of each rehabilitation program are normally recognized at the time that an environmental disturbance occurs or a new

CRITICAL JUDGMENTS, ESTIMATES,

CRITICAL JUDGMENTS, ESTIMATES, ASSUMPTIONS AND RISKS	12 Months Ended
	Dec. 31, 2022
Accounting judgements and estimates [Abstract]
Critical Judgements, Estimates, Assumptions and Risks	Critical Judgments, Estimates, Assumptions and Risks Many of the amounts included in the consolidated balance sheet require management to make judgments and/or estimates. These judgments and estimates are continuously evaluated and are based on management’s experience and knowledge of the relevant facts and circumstances. Actual results may differ from the estimates. Information about such judgments and estimates is contained in the description of our accounting policies and/or other notes to the financial statements. The key areas where judgments, estimates and assumptions have been made are summarized below. Life of Mine Plans and Reserves and Resources Estimates of the quantities of proven and probable mineral reserves and mineral resources form the basis for our LOM plans, which are used for a number of important business and accounting purposes, including: the calculation of depreciation expense; the capitalization of production phase stripping costs; the current/non-current classification of inventory; the recognition of deferred revenue related to streaming arrangements and forecasting the timing of the payments related to the environmental rehabilitation provision. In addition, the underlying LOM plans are used in the impairment tests for goodwill and non-current assets. In certain cases, these LOM plans have made assumptions about our ability to obtain the necessary permits required to complete the planned activities. We estimate our mineral reserves and resources based on information compiled by qualified persons as defined in accordance with the Canadian Securities Administrators’ National Instrument 43-101 - Standards of Disclosure for Mineral Projects requirements. To calculate our gold and copper mineral reserves, as well as measured, indicated, and inferred mineral resources, we have used the following assumptions. Refer to notes 19 and 21. As at Dec 31, 2022 As at Dec 31, 2021 Gold ($/oz) Mineral reserves $ 1,300 $ 1,200 Measured, indicated and inferred 1,700 1,500 Copper ($/lb) Mineral reserves 3.00 2.75 Measured, indicated and inferred 3.75 3.50 Inventory The measurement of inventory including the determination of its net realizable value, especially as it relates to ore in stockpiles and recoverable from leach pads, involves the use of estimates. Net realizable value is determined with reference to relevant market prices less applicable variable selling expenses. Estimation is also required in determining the tonnage, recoverable gold and copper contained therein, and in determining the remaining costs of completion to bring inventory into its saleable form. Judgment also exists in determining whether to recognize a provision for obsolescence on mine operating supplies, and estimates are required to determine salvage or scrap value of supplies. Estimates of recoverable gold or copper on the leach pads are calculated from the quantities of ore placed on the leach pads (measured tonnes added to the leach pads), the grade of ore placed on the leach pads (based on assay data) and a recovery percentage (based on ore type). Impairment and Reversal of Impairment for Non-Current Assets and Impairment of Goodwill Goodwill and non-current assets are tested for impairment if there is an indicator of impairment or reversal of impairment, and in the case of goodwill annually during the fourth quarter, for all of our operating segments. We consider both external and internal sources of information for indications that non-current assets and/or goodwill are impaired. External sources of information we consider include changes in the market, economic, legal and permitting environment in which the CGU operates that are not within its control and affect the recoverable amount of mining interests and goodwill. Internal sources of information we consider include the manner in which mining properties and plant and equipment are being used or are expected to be used and indications of economic performance of the assets. Calculating the FVLCD of CGUs for non-current asset and goodwill impairment tests requires management to make estimates and assumptions with respect to future production levels, operating, capital and closure costs in our LOM plans, future metal prices, foreign exchange rates, Net Asset Value (“NAV”) multiples, fair value of mineral resources outside LOM plans, the market values per ounce and per pound and weighted average costs of capital. Changes in any of the assumptions or estimates used in determining the fair values could impact the impairment analysis. Refer to notes 2m, 2o and 21 for further information. Provisions for Environmental Rehabilitation Management assesses its provision for environmental rehabilitation on an annual basis or when new information becomes available. This assessment includes the estimation of the future rehabilitation costs (including water treatment), the timing of these expenditures, and the impact of changes in discount rates and foreign exchange rates. The actual future expenditures may differ from the amounts currently provided if the estimates made are significantly different than actual results or if there are significant changes in environmental and/or regulatory requirements in the future. Refer to notes 2q and 27 for further information. Taxes Management is required to assess uncertainties and make judgments and estimations regarding the tax basis of assets and liabilities and related deferred income tax assets and liabilities, amounts recorded for uncertain tax positions, the measurement of income tax expense and indirect taxes such as royalties and export duties, and estimates of the timing of repatriation of earnings, which would impact the recognition of withholding taxes and taxes related to the outside basis on subsidiaries/associates. While these amounts represent management’s best estimate based on the laws and regulations that exist at the time of preparation, we operate in certain jurisdictions that have increased degrees of political and sovereign risk and while host governments have historically supported the development of natural resources by foreign companies, tax legislation in these jurisdictions is developing and there is a risk that fiscal reform changes with respect to existing investments could unexpectedly impact application of this tax legislation. Such changes could impact the Company’s judgments about the amounts recorded for uncertain tax positions, tax basis of assets and liabilities, and related deferred income tax assets and liabilities, and estimates of the timing of repatriation of earnings. This could necessitate future adjustments to tax income and expense already recorded. A number of these estimates require management to make estimates of future taxable profit, as well as the recoverability of indirect taxes, and if actual results are significantly different than our estimates, the ability to realize the deferred tax assets and indirect tax receivables recorded on our balance sheet could be impacted. Refer to notes 2h, 12, 30 and 35 for further information. Contingencies Contingencies can be either possible assets or possible liabilities arising from past events which, by their nature, will only be resolved when one or more future events not wholly within our control occur or fail to occur. The assessment of such contingencies inherently involves the exercise of significant judgment and estimates of the outcome of future events. In assessing loss contingencies related to legal proceedings that are pending against us or unasserted claims that may result in such proceedings or regulatory or government actions that may negatively impact our business or operations, the Company with assistance from its legal counsel evaluates the perceived merits of any legal proceedings or unasserted claims or actions as well as the perceived merits of the nature and amount of relief sought or expected to be sought, when determining the amount, if any, to recognize as a contingent liability or assessing the impact on the carrying value of assets. If the assessment of a contingency suggests that a loss is probable, and the amount can be reliably estimated, then a loss is recorded. When a contingent loss is not probable but is reasonably possible, or is probable but the amount of loss cannot be reliably estimated, then details of the contingent loss are disclosed. Loss contingencies considered remote are generally not disclosed unless they involve guarantees, in which case we disclose the nature of the guarantee. Contingent assets are not recognized in the consolidated financial statements. Refer to note 35 for more information. Pascua-Lama Value Added Tax The Pascua-Lama project received $457 million as at December 31, 2022 ($411 million as at December 31, 2021) in value added tax (“VAT”) refunds in Chile relating to the development of the Chilean side of the project. Under the current arrangement, this amount must be repaid if the project does not evidence exports for an amount of $3,538 million within a term that expires on December 31, 2026, unless extended. On July 11, 2022, the Chilean government proposed changes to Chilean law (proposal updated further on January 10, 2023) on VAT refunds that may affect the timeframe of these refunds. In addition, we have recorded $31 million in VAT recoverable in Argentina as at December 31, 2022 ($48 million as at December 31, 2021) relating to the development of the Argentinean side of the project. These amounts may not be fully recoverable if the project does not enter into production and are subject to foreign currency risk as the amounts are recoverable in Argentine pesos. Streaming Transactions The upfront cash deposit received from Royal Gold on the gold and silver streaming transaction for production linked to Barrick’s 60% interest in the Pueblo Viejo mine has been accounted for as deferred revenue since we have determined that it is not a derivative as it will be satisfied through the delivery of non-financial items (i.e., gold and silver) rather than cash or financial assets. It is our intention to settle the obligations under the streaming arrangement through our own production and if we were to fail to settle the obligations with Royal Gold through our own production, this would lead to the streaming arrangement becoming a derivative. This would cause a change to the accounting treatment, resulting in the revaluation of the fair value of the agreement through profit and loss on a recurring basis. Refer to note 29 for further details. The deferred revenue component of our streaming agreements is considered variable and is subject to retroactive adjustment when there is a change in the timing of the delivery of ounces or in the underlying production profile of the relevant mine. The impact of such a change in the timing or quantity of ounces to be delivered under a streaming agreement will result in retroactive adjustments to both the deferred revenue recognized and the accretion recorded prior to the date of the change. Refer to note 2e. For further details on streaming transactions, including our silver sale agreement with Wheaton Precious Metals Corp. (“Wheaton”), refer to note 29. Consolidation of Reko Diq On December 15, 2022, the Reko Diq project was reconstituted, and is 50% held by Barrick and 50% by Pakistani stakeholders, comprising a 10% free-carried, non-contributing share held by the Provincial Government of Balochistan, an additional 15% held by a special purpose company owned by the Provincial Government of Balochistan and 25% owned by other federal state-owned enterprises. As outlined in the joint venture agreement, Barrick has power over the relevant activities of the project, including operatorship of the project, the decision to proceed with development of the project, subject to a sufficient expected rate of return, as well as development and approval of LOM plans. Therefore Barrick has concluded that it controls Reko Diq and it is consolidated in Barrick’s consolidated financial statements with a 50% non-controlling interest.

ACQUISITIONS AND DIVESTITURES

ACQUISITIONS AND DIVESTITURES	12 Months Ended
	Dec. 31, 2022
Business combinations and discontinued operations [Abstract]
Acquisitions and Divestitures	Acquisitions and Divestitures a) Reko Diq On December 15, 2022, Barrick completed the reconstitution of the Reko Diq project in Pakistan’s Balochistan province. The completion of this transaction involved, among other things, the execution of all of the definitive agreements including the mineral agreement stabilizing the fiscal regime applicable to the project, as well as the grant of the mining leases, an exploration license, and surface rights. This completed the process that began earlier in 2022 following the conclusion of a framework agreement among the Governments of Pakistan and Balochistan province, Barrick and Antofagasta plc, which provided a path for the development of the project under a reconstituted structure. The reconstituted project is held 50% by Barrick and 50% by Pakistani stakeholders, comprising a 10% free-carried, non-contributing share held by the Provincial Government of Balochistan, an additional 15% held by a special purpose company owned by the Provincial Government of Balochistan and 25% owned by other federal state-owned enterprises. Barrick is the operator of the project. Barrick began consolidating Reko Diq as at December 31, 2022. In the fourth quarter of 2022, upon the reconstitution of the project, we recorded an impairment reversal of $120 million relating to the carrying value of our equity method investment in the Reko Diq project that we fully impaired in 2012 and had a 37.5% interest in. We also recognized a gain of $300 million in other income as Barrick’s interest in the Reko Diq project increased from 37.5% to 50%. In addition, we recognized a non-controlling interest of $329 million, based on the historical cost attributed to the project company. A total of $744 million was recorded as mining property costs not subject to depreciation. Furthermore, the payments made by the Provincial Government of Balochistan and other federal state-owned enterprises for the in aggregate 40% interest, and to fund Antofagasta plc’s exit from the reconstituted project, remain in an entity that is consolidated by Barrick as at December 31, 2022. Those funds are held in a restricted bank account and are expected to be distributed to Antofagasta plc within the next 12 months. Accordingly, this restricted cash has been recorded as an other current asset and the liability to Antofagasta plc has been recorded as an other current liability. The reconstitution resolves the damages originally awarded by the International Centre for the Settlement of Investment Disputes and disputed in the International Chamber of Commerce. For further details refer to notes 21 and 35. b) Lagunas Norte On February 16, 2021, Barrick announced it had entered into an agreement to sell its 100% interest in the Lagunas Norte gold mine in Peru to Boroo Pte Ltd. (“Boroo”) for total consideration of up to $81 million, with $20 million of cash consideration on closing, additional cash consideration of $10 million payable on the first anniversary of closing and $20 million payable on the second anniversary of closing, a 2% NSR royalty, which may be purchased by Boroo for a fixed period after closing for $16 million, plus a contingent payment of up to $15 million based on the two c) Acquisition of South Arturo Non-Controlling Interest On September 7, 2021, Barrick announced NGM had entered into a definitive asset exchange agreement (the "Exchange Agreement") with i-80 Gold Corp. ("i-80 Gold") to acquire the 40% interest in South Arturo that NGM did not already own, in exchange for the Lone Tree and Buffalo Mountain properties and infrastructure, which were in care and maintenance at the time. The exchange transaction closed on October 14, 2021. The Exchange Agreement provides for payment to NGM of contingent consideration of up to $50 million based on mineral resources from the Lone Tree property. In connection with the asset exchange, NGM also entered into toll-milling agreements providing i-80 Gold with interim processing capacity at NGM’s autoclave facilities until the earlier of the three We assigned a fair value of $175 million to the transaction and recognized a gain of $205 million in the fourth quarter of 2021 in relation to the disposition of Lone Tree. Lone Tree was in a net liability position, which resulted in a gain that exceeded the fair value. In addition, we recognized a loss of $85 million in equity in the fourth quarter of 2021, representing our share of the difference between the carrying value of the South Arturo non-controlling interest and the fair value of the transaction.

SEGMENT INFORMATION

SEGMENT INFORMATION	12 Months Ended
	Dec. 31, 2022
Operating segments [Abstract]
Segment Information	Segment Information Barrick’s business is organized into eighteen minesites. Barrick’s CODM (Mark Bristow, President and Chief Executive Officer) reviews the operating results, assesses performance and makes capital allocation decisions at the minesite, and/or project level. Each individual minesite is an operating segment for financial reporting purposes. Our presentation of our reportable operating segments consists of nine gold mines (Carlin, Cortez, Turquoise Ridge, Pueblo Viejo, Loulo-Gounkoto, Kibali, Veladero, North Mara and Bulyanhulu). The remaining operating segments, including our remaining gold and copper mines, have been grouped into an “Other Mines” category and will not be reported on individually. Segment performance is evaluated based on a number of measures including operating income before tax, production levels and unit production costs. Certain costs are managed on a consolidated basis and are therefore not reflected in segment income. Consolidated Statements of Income Information Cost of Sales For the year ended December 31, 2022 Revenue Site operating costs, royalties and community relations Depreciation Exploration, evaluation and project expenses Other expenses (income) 1 Segment income (loss) Carlin 2 $2,848 $1,416 $312 $21 ($15) $1,114 Cortez 2 1,316 597 253 12 4 450 Turquoise Ridge 2 814 469 178 7 — 160 Pueblo Viejo 2 1,303 559 242 24 17 461 Loulo-Gounkoto 2 1,236 533 257 9 11 426 Kibali 598 235 178 2 41 142 Veladero 365 205 120 2 6 32 North Mara 2 570 236 73 4 48 209 Bulyanhulu 2 463 235 60 3 25 140 Other Mines 2 2,056 1,223 482 19 75 257 Reportable segment total $11,569 $5,708 $2,155 $103 $212 $3,391 Share of equity investee (598) (235) (178) (2) (41) (142) Segment total $10,971 $5,473 $1,977 $101 $171 $3,249 Consolidated Statements of Income Information Cost of Sales For the year ended December 31, 2021 Revenue Site operating costs, royalties and community relations Depreciation Exploration, evaluation and project expenses Other expenses (income) 1 Segment income (loss) Carlin 2 $2,687 $1,175 $276 $22 $25 $1,189 Cortez 2 1,485 633 294 10 1 547 Turquoise Ridge 2 987 415 200 1 — 371 Pueblo Viejo 2 1,514 505 234 5 11 759 Loulo-Gounkoto 2 1,249 454 278 18 25 474 Kibali 661 232 141 5 5 278 Veladero 382 177 85 1 1 118 North Mara 2 552 240 56 — 2 254 Bulyanhulu 2 361 155 57 — 2 147 Other Mines 2 2,659 1,179 580 10 81 809 Reportable segment total $12,537 $5,165 $2,201 $72 $153 $4,946 Share of equity investee (661) (232) (141) (5) (5) (278) Segment total $11,876 $4,933 $2,060 $67 $148 $4,668 1 Includes accretion expense, which is included with finance costs in the consolidated statements of income. For the year ended December 31, 2022, accretion expense was $36 million (2021: $26 million). 2 Includes non-controlling interest portion of revenues, cost of sales and segment income (loss) for the year ended December 31, 2022, for Pueblo Viejo, $528 million, $319 million, $195 million (2021: $617 million, $294 million, $318 million), Nevada Gold Mines, $2,146 million, $1,422 million, $711 million (2021: $2,362 million, $1,359 million, $991 million), North Mara, Bulyanhulu and Buzwagi, $165 million, $97 million, $55 million (2021: $159 million, $92 million, $63 million), Loulo-Gounkoto, $247 million, $158 million, $88 million (2021: $250 million, $146 million, $95 million) and Tongon, $37 million, $36 million, $nil (2021: $38 million, $32 million, $5 million). Reconciliation of Segment Income to Income Before Income Taxes For the years ended December 31 2022 2021 Segment income $3,249 $4,668 Other revenue 42 109 Other cost of sales/amortization (47) (96) Exploration, evaluation and project expenses not attributable to segments (249) (220) General and administrative expenses (159) (151) Other income not attributable to segments 396 187 Impairment (charges) reversals (1,671) 63 Loss on currency translation (16) (29) Closed mine rehabilitation 136 (18) Income from equity investees 258 446 Finance costs, net (includes non-segment accretion) 1 (265) (329) Gain on non-hedge derivatives 7 2 Income before income taxes $1,681 $4,632 1 Includes debt extinguishment gains of $14 million (2021: $nil). Geographic Information Non-current assets Revenue 1 As at December 31, 2022 As at December 31, 2021 2022 2021 United States $16,518 $16,355 $5,573 $6,134 Dominican Republic 4,874 4,602 1,303 1,514 Mali 3,599 4,709 1,236 1,249 Democratic Republic of Congo 2,659 3,267 — — Chile 1,957 1,937 — — Zambia 1,930 1,793 868 962 Tanzania 1,914 1,767 1,033 993 Argentina 1,247 1,739 365 382 Canada 507 517 231 291 Pakistan 749 — — — Saudi Arabia 382 382 — — Papua New Guinea 327 330 — — Côte d'Ivoire 164 191 356 369 Peru 73 113 48 91 Unallocated 600 939 — — Total $37,500 $38,641 $11,013 $11,985 1 Geographic location is presented based on the location of the mine from which the product originated. Capital Expenditures Information Segment Capital Expenditures 1 As at December 31, 2022 As at December 31, 2021 Carlin $506 $422 Cortez 419 277 Turquoise Ridge 176 144 Pueblo Viejo 629 533 Loulo-Gounkoto 322 313 Kibali 99 70 Veladero 167 144 North Mara 156 93 Bulyanhulu 90 80 Other Mines 500 351 Reportable segment total $3,064 $2,427 Other items not allocated to segments 133 129 Total $3,197 $2,556 Share of equity investee (99) (70) Total $3,098 $2,486 1 Segment capital expenditures are presented for internal management reporting purposes on an accrual basis. Capital expenditures in the consolidated statements of cash flow are presented on a cash basis. In 2022, cash expenditures were $3,049 million (2021: $2,435 million) and the increase in accrued expenditures was $49 million (2021: $51 million increase).

REVENUE

REVENUE	12 Months Ended
	Dec. 31, 2022
Revenue [abstract]
Revenue	Revenue For the years ended December 31 2022 2021 Gold sales Spot market sales $9,597 $10,491 Concentrate sales 326 246 Provisional pricing adjustments (3) 1 $9,920 $10,738 Copper sales Copper concentrate sales $906 $915 Provisional pricing adjustments (38) 47 $868 $962 Other sales 1 $225 $285 Total $11,013 $11,985 1 Revenues from the sale of by-products from our gold and copper mines. For the year ended December 31, 2022, the Company has four customers that individually account for more than 10% of the Company’s total revenue. These customers represent approximately 23%, 14%, 11% and 11% of total revenue. However, because gold can be sold through numerous gold market traders worldwide (including a large number of financial institutions), the Company is not economically dependent on a limited number of customers for the sale of its product. Principal Products All of our gold mining operations produce gold in doré form, except Phoenix, Bulyanhulu and Porgera (until it was placed on care and maintenance in April 2020), which produce both gold doré and gold concentrate. Gold doré is unrefined gold bullion bars usually consisting of 90% gold that is refined to pure gold bullion prior to sale to our customers. Concentrate is a semi-processed product containing the valuable metal minerals from which most of the waste mineral has been eliminated. Our Lumwana mine produces a concentrate that primarily contains copper. Our Phoenix mine produces a concentrate that contains both gold and copper. Incidental revenues from the sale of by-products, primarily copper, silver and energy at our gold mines, are classified within other sales. Provisional Copper and Gold Sales We have provisionally priced sales for which price finalization, referenced to the relevant copper and gold index, is outstanding at the balance sheet date. Our exposure at December 31, 2022 to the impact of future movements in market commodity prices for provisionally priced sales is set out in the following table: Volumes subject to final pricing Impact on net income before taxation of 10% movement in market price As at December 31 2022 2021 2022 2021 Copper pounds 60 45 $23 $20 Gold ounces 42 41 8 8 At December 31, 2022, our provisionally priced copper sales subject to final settlement were recorded at an average price of $3.80/lb (2021: $4.34/lb). At December 31, 2022, our provisionally priced gold sales subject to final settlement were recorded at an average price of $1,824/oz (2021: $1,819/oz). The sensitivities in the above tables have been determined as the impact of a 10% change in commodity prices at each reporting date, while holding all other variables, including foreign currency exchange rates, constant.

COST OF SALES

COST OF SALES	12 Months Ended
	Dec. 31, 2022
Cost of sales [Abstract]
Cost of Sales	Cost of Sales Gold Copper Other 4 Total For the years ended December 31 2022 2021 2022 2021 2022 2021 2022 2021 Site operating cost 1,2,3 $4,678 $4,218 $336 $266 $— $— $5,014 $4,484 Depreciation 1 1,756 1,889 223 197 18 16 1,997 2,102 Royalty expense 342 371 103 103 — — 445 474 Community relations 37 26 4 3 — — 41 29 Total $6,813 $6,504 $666 $569 $18 $16 $7,497 $7,089 1 Site operating costs and depreciation include charges to reduce the cost of inventory to net realizable value of $104 million (2021: $22 million). Refer to note 17. 2 Site operating costs includes the costs of extracting by-products. 3 Includes employee costs of $1,448 million (2021: $1,396 million). 4 Other includes corporate amortization.

EXPLORATION, EVALUATION AND PRO

EXPLORATION, EVALUATION AND PROJECT EXPENSES	12 Months Ended
	Dec. 31, 2022
Exploration, evaluation and project expenses [Abstract]
Exploration, Evaluation and Project Expenses	Exploration, Evaluation and Project Expenses For the years ended December 31 2022 2021 Global exploration and evaluation 1 $123 $122 Project costs: Pascua-Lama 52 46 Pueblo Viejo 24 3 Reko Diq 14 10 Other 47 26 Corporate development 15 16 Minesite exploration and evaluation 1 75 64 Total exploration, evaluation and project expenses $350 $287 1 Approximates the impact on operating cash flow.

OTHER EXPENSE (INCOME)

OTHER EXPENSE (INCOME)	12 Months Ended
	Dec. 31, 2022
Other expense (income) [Abstract]
Other Expense (Income)	Other Expense (Income) For the years ended December 31 2022 2021 Other Expense: Litigation costs $22 $17 Write-offs 15 12 Bank charges 5 7 Porgera care and maintenance costs 53 51 Supplies obsolescence 48 21 Litigation accruals and settlements 19 25 Other 28 17 Total other expense $190 $150 Other Income: Gain on acquisition/sale of non-current assets 1 ($405) ($213) Insurance proceeds related to NGM (22) — Loss (gain) on warrant investments at FVPL (4) 16 Gain on non-hedge derivatives (7) (2) Interest income on other assets (17) (15) Other (3) (3) Total other income ($458) ($217) Total ($268) ($67)

IMPAIRMENT REVERSALS

IMPAIRMENT REVERSALS	12 Months Ended
	Dec. 31, 2022
Impairment of assets [Abstract]
Impairment Charges (Reversals)	Impairment Charges (Reversals) For the years ended December 31 2022 2021 Impairment charges (reversals) of non-current assets 1 $483 ($63) Impairment of goodwill 1 1,188 — Total $1,671 ($63) 1 Refer to note 21 for further details.

GENERAL AND ADMINISTRATIVE EXPE

GENERAL AND ADMINISTRATIVE EXPENSES	12 Months Ended
	Dec. 31, 2022
General and administrative expenses [Abstract]
General and Administrative Expenses	General and Administrative Expenses For the years ended December 31 2022 2021 Corporate administration $125 $118 Share-based compensation 34 33 Total 1 $159 $151 1 Includes employee costs of $93 million (2021: $101 million).

INCOME TAX EXPENSE

INCOME TAX EXPENSE	12 Months Ended
	Dec. 31, 2022
Income tax [Abstract]
Income Tax Expense	Income Tax Expense For the years ended December 31 2022 2021 Tax on profit Current tax Charge for the year $699 $1,031 Adjustment in respect of prior years 1 6 (32) $705 $999 Deferred tax Origination and reversal of temporary differences in the current year ($52) $289 Adjustment in respect of prior years 1 11 56 ($41) $345 Income tax expense $664 $1,344 Tax expense related to continuing operations Current Canada ($8) ($9) International 713 1,008 $705 $999 Deferred Canada $3 $38 International (44) 307 ($41) $345 Income tax expense $664 $1,344 1 Includes adjustments to equalize the difference between prior year's tax return and the year-end provision. Reconciliation to Canadian Statutory Rate For the years ended December 31 2022 2021 At 26.5% statutory rate $446 $1,228 Increase (decrease) due to: Allowances and special tax deductions 1 (146) (138) Impact of foreign tax rates 2 (146) (84) Non-deductible expenses / (non-taxable income) (38) 118 Goodwill impairment charges not tax deductible 325 — Taxable gains on sales of non-current assets 1 24 Net currency translation losses on current and deferred tax balances 59 23 Tax impact from pass-through entities and equity accounted investments (196) (330) Current year tax results sheltered by previously unrecognized deferred tax assets 33 (18) Recognition and de-recognition of deferred tax assets 15 (31) Adjustments in respect of prior years 17 24 Increase to income tax related contingent liabilities 13 19 Impact of tax rate changes — 66 Withholding taxes 82 110 Mining taxes 201 323 Tax impact of amounts recognized within accumulated OCI (7) 8 Other items 5 2 Income tax expense $664 $1,344 1 We are able to claim certain allowances, incentives and tax deductions unique to extractive industries that result in a lower effective tax rate. 2 We operate in multiple foreign tax jurisdictions that have tax rates different than the Canadian statutory rate. Currency Translation Current and deferred tax balances are subject to remeasurement for changes in foreign currency exchange rates each period. This is required in countries where tax is paid in local currency and the subsidiary has a different functional currency (e.g. US dollars). The most significant balances relate to Argentine and Malian tax liabilities. In 2022 and 2021, a tax expense of $59 million and $23 million, respectively, arose from translation losses on tax balances, mainly due to the weakening of the Argentine peso and the West African CFA franc against the US dollar. These net translation losses are included within income tax expense. Withholding Taxes In 2022, we have reco rded $29 million (202 1: $66 million related to Argentina, Côte d’Ivoire, Saudi Arabia and the United States) of dividend withholding taxes related to the undistributed earnings of our subsidiaries in Argentina and the United States. We have also recorded $36 million (2021: $33 million related to Argentina, Saudi Arabia and the United States) of dividend withholding taxes related to the distributed earnings of our subsidiaries in Tanzania and the United States. Nevada Mining Education Tax A new mining excise tax applied to gross proceeds became effective on July 1, 2021 following the passing of Assembly Bill 495 at the Nevada Legislative Session that ended on May 31, 2021. The revenue generated by this new excise tax will be directed towards education. The new excise tax is a tiered tax, with the maximum rate at 1.1%. First payment in relation to the 2021 year was made in March 2022. The bill does not take into consideration expenses or costs incurred to generate gross proceeds; therefore, this tax is treated as a gross receipts tax and not as a tax that is based on income subject to IAS 12. As a result, this new tax is reported as a component of cost of sales and not as an income tax expense. United States Tax Reform In August 2022, President Joe Biden signed into law the Inflation Reduction Act (“the Act”). The Act includes a 15% corporate alternative minimum tax (“CAMT”) that is imposed on applicable financial statement income (“AFSI”). The CAMT is effective for tax years beginning after December 31, 2022. Barrick is subject to CAMT because the Company meets the applicable income thresholds for a foreign-parented multi-national group. On December 27, 2022, the US Treasury Department and the US Internal Revenue Service issued initial guidance regarding the application of the CAMT. A 60-day consultation period for business has commenced, and we are providing comments. Nevada Gold Mines Nevada Gold Mines is a limited liability company treated as a flow through partnership for US tax purposes. The partnership is not subject to federal income tax directly, but each of its partners is liable for tax on its share of the profits of the partnership. As such, Barrick accounts for its current and deferred income tax associated with the investment (61.5% share) following the principles in IAS 12. Mining Taxes In addition to corporate income tax, we pay mining taxes in the United States (Nevada), the Dominican Republic, Canada (Ontario) and Peru. Nevada Gold Mines is subject to a Net Proceeds of Minerals tax in Nevada at a rate of 5% and the tax expense recorded in 2022 was $88 million (2021: $136 million). Other significant mining taxes include the Dominican Republic’s Net Profits Interest tax, which is determined based on cash flows as defined by the Pueblo V iejo Special Lease Agreement. A tax expense of $110 million (2021: $180 million) was recorded for this in 2022. Both taxes are included on a consolidated basis in the Company's c onsolidated statements of income. Impairments In 2022, we recorded net impairment charges of $483 million (2021: net impairment reversals of $63 million) for non-current assets and $1,188 million (2021: $nil) for goodwill. Refer to note 21 for further information.

EARNINGS PER SHARE

EARNINGS PER SHARE	12 Months Ended
	Dec. 31, 2022
Earnings per share [abstract]
Earnings (Loss) Per Share	Earnings (Loss) Per Share For the years ended December 31 ($ millions, except shares in millions and per share amounts in dollars) 2022 2021 Basic Diluted Basic Diluted Net income $1,017 $1,017 $3,288 $3,288 Net income attributable to non-controlling interests (585) (585) (1,266) (1,266) Net income attributable to the equity holders of Barrick Gold Corporation $432 $432 $2,022 $2,022 Weighted average shares outstanding 1,771 1,771 1,779 1,779 Basic and diluted earnings per share data attributable to the equity holders of Barrick Gold Corporation $0.24 $0.24 $1.14 $1.14

FINANCE COSTS, NET

FINANCE COSTS, NET	12 Months Ended
	Dec. 31, 2022
Finance costs [Abstract]
Finance Costs, Net	Finance Costs, Net For the years ended December 31 2022 2021 Interest expense 1 $366 $357 Amortization of debt issue costs 1 1 Amortization of premium — (1) Interest on lease liabilities 4 5 Loss on interest rate hedges 1 3 Interest capitalized 2 (29) (16) Accretion 66 48 Gain on debt extinguishment (14) — Finance income (94) (42) Total $301 $355 1 Interest in the consolidated statements of cash flow is presented on a cash basis. In 2022, cash interest paid was $305 million (2021: $303 million).

CASH FLOW _ OTHER ITEMS

CASH FLOW – OTHER ITEMS	12 Months Ended
	Dec. 31, 2022
Cash flow statement [Abstract]
Cash Flow - Other Items	Cash Flow – Other Items Operating Cash Flows - Other Items For the years ended December 31 2022 2021 Adjustments for non-cash income statement items: Gain on non-hedge derivatives ($7) ($2) Stock-based compensation expense 55 81 Loss (gain) on warrant investments at FVPL (4) 16 Change in estimate of rehabilitation costs at closed mines (136) 18 Inventory impairment charges (note 17) 66 13 Supplies obsolescence 48 21 Change in other assets and liabilities (28) (120) Settlement of stock-based compensation (66) (97) Settlement of rehabilitation obligations (145) (133) Other operating activities ($217) ($203) Cash flow arising from changes in: Accounts receivable $89 ($46) Inventory (219) (163) Other current assets (261) (178) Accounts payable 93 140 Other current liabilities (24) (26) Change in working capital ($322) ($273) Financing Cash Flows - Other Items For the years ended December 31 2022 2021 Pueblo Viejo JV partner shareholder loan $177 $131 GoT shareholder loan — (16) Gain on debt extinguishment 14 — Other financing activities $191 $115

INVESTMENTS

INVESTMENTS	12 Months Ended
	Dec. 31, 2022
Disclosure of joint ventures [abstract]
Investments	Investments Equity Accounting Method Investment Continuity Kibali Jabal Sayid Zaldívar Other Total At January 1, 2021 $3,279 $369 $967 $55 $4,670 Equity pick-up from equity investees 219 159 68 — 446 Dividends received from equity investees (231) (146) (142) (1) (520) Shareholder loan repayment — — — (2) (2) At December 31, 2021 $3,267 $382 $893 $52 $4,594 Equity pick-up from equity investees 86 124 47 1 258 Dividends received from equity investees (694) (124) (50) (1) (869) At December 31, 2022 $2,659 $382 $890 $52 $3,983 In 2022, Kibali Goldmines SA repaid a portion of its shareholder loans after establishing an additional ongoing mechanism for the repatriation of cash from the Democratic Republic of Congo. For 2022, the repatriation of this cash has resulted in the payment of dividends of $694 million to the Barrick entity that holds the 45% interest in Kibali Goldmines SA. Summarized Equity Investee Financial Information Kibali 2 Jabal Sayid Zaldívar For the years ended December 31 2022 2021 2022 2021 2022 2021 Revenue $1,328 $1,469 $539 $597 $781 $847 Cost of sales (excluding depreciation) 528 513 170 157 463 469 Depreciation 390 308 49 42 147 158 Finance expense (income) — — — 1 1 (4) Other expense (income) 104 38 4 (5) 32 25 Income before income taxes $306 $610 $316 $402 $138 $199 Income tax expense (121) (125) (67) (84) (44) (61) Net income $185 $485 $249 $318 $94 $138 Total comprehensive income $185 $485 $249 $318 $94 $138 Net income (net of non-controlling interests) $172 $438 $249 $318 $94 $138 Summarized Balance Sheet Kibali 2 Jabal Sayid Zaldívar For the years ended December 31 2022 2021 2022 2021 2022 2021 Cash and equivalents $92 $1,116 $77 $85 $72 $171 Other current assets 1 194 255 151 178 559 493 Total current assets $286 $1,371 $228 $263 $631 $664 Non-current assets 3,905 3,959 405 419 2,013 2,031 Total assets $4,191 $5,330 $633 $682 $2,644 $2,695 Current financial liabilities (excluding trade, other payables & provisions) $13 $14 $9 $13 $90 $84 Other current liabilities 126 141 95 136 125 142 Total current liabilities $139 $155 $104 $149 $215 $226 Non-current financial liabilities (excluding trade, other payables & provisions) 51 42 4 — 87 134 Other non-current liabilities 785 706 6 14 542 529 Total non-current liabilities $836 $748 $10 $14 $629 $663 Total liabilities $975 $903 $114 $163 $844 $889 Net assets $3,216 $4,427 $519 $519 $1,800 $1,806 Net assets (net of non-controlling interests) $3,095 $4,312 $519 $519 $1,800 $1,806 1 Zaldívar other current assets include inventory of $443 million (2021: $384 million). 2 2021 figures have been changed to present Kibali’s summarized financial statements net of non-controlling interests of Kibali Jersey Limited, which is jointly controlled with Anglogold Ashanti and holds a 90% interest in Kibali Goldmines SA. The information above reflects the amounts presented in the financial information of the joint venture adjusted for differences between IFRS and local GAAP and fair value adjustments on acquisition of equity in investees. Reconciliation of Summarized Financial Information to Carrying Value Kibali Jabal Sayid Zaldívar Opening net assets (net of non-controlling interests) 1 $4,312 $519 $1,806 Income for the period (net of non-controlling interests) 172 249 94 Dividends received from equity investees (1,389) (249) (100) Closing net assets (net of non-controlling interests), December 31 $3,095 $519 $1,800 Barrick's share of net assets 1,548 259 900 Equity earnings adjustment — — (10) Goodwill recognition 1,111 123 — Carrying value $2,659 $382 $890

INVENTORIES INVENTORIES

INVENTORIES INVENTORIES	12 Months Ended
	Dec. 31, 2022
Inventories [Abstract]
Inventories	Inventories Gold Copper As at December 31, 2022 As at December 31, 2021 As at December 31, 2022 As at December 31, 2021 Raw materials Ore in stockpiles $2,809 $2,587 $150 $174 Ore on leach pads 641 663 — — Mine operating supplies 704 593 59 79 Work in process 138 108 — — Finished products 89 76 10 90 $4,381 $4,027 $219 $343 Non-current ore in stockpiles and on leach pads 1 (2,669) (2,462) (150) (174) $1,712 $1,565 $69 $169 1 Ore that we do not expect to process in the next 12 months is classified within other long-term assets. Inventory Impairment Charges For the years ended December 31 2022 2021 Veladero 42 — Carlin 33 — Lumwana 19 — Cortez 10 22 Inventory impairment charges $104 $22 Ore in Stockpiles As at December 31, 2022 As at December 31, 2021 Gold Carlin $1,129 $986 Pueblo Viejo 712 674 Turquoise Ridge 354 405 Loulo-Gounkoto 175 161 North Mara 165 93 Cortez 104 81 Phoenix 78 73 Veladero 40 51 Porgera 30 30 Tongon 20 33 Bulyanhulu 2 — Copper Lumwana 150 174 $2,959 $2,761 Ore on Leach pads As at December 31, 2022 As at December 31, 2021 Gold Veladero $238 $196 Carlin 196 209 Cortez 112 113 Turquoise Ridge 37 41 Long Canyon 32 77 Phoenix 26 23 Pierina — 4 $641 $663 Purchase Commitments At December 31, 2022, we had purchase obligations for supplies and consumables of approximately $1,753 million (2021: $1,718 million).

ACCOUNTS RECEIVABLE AND OTHER C

ACCOUNTS RECEIVABLE AND OTHER CURRENT ASSETS	12 Months Ended
	Dec. 31, 2022
Accounts receivable and other current assets [Abstract]
Accounts Receivable and Other Current Assets	Accounts Receivable and Other Current Assets As at December 31, 2022 As at December 31, 2021 Accounts receivable Amounts due from concentrate sales $188 $242 Other receivables 366 381 $554 $623 Other current assets Restricted cash 1 945 — Value added taxes recoverable 2 352 319 Prepaid expenses 243 206 Derivative assets 3 59 — Other 4 91 87 $1,690 $612 1 Relates to restricted cash balance for Antofagasta plc, which will fund their exit from the Reko Diq project, following its reconstitution as described in note 4. 2 Primarily includes VAT and fuel tax recoverables of $49 million in Mali, $66 million in Tanzania, $172 million in Zambia, $32 million in Argentina, and $12 million in the Dominican Republic (Dec. 31, 2021: $25 million, $90 million, $141 million, $39 million, and $11 million, respectively). 3 Reclassified from Other Assets and primarily consists of contingent consideration received as part of the sale of Massawa in 2020 and Lagunas Norte in 2021.

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT	12 Months Ended
	Dec. 31, 2022
Property, plant and equipment [abstract]
Property, Plant, and Equipment	Property, Plant, and Equipment Buildings, plant and equipment 1 Mining property costs subject to depreciation 2,4 Mining property costs not subject to depreciation 2,3 Total At January 1, 2022 Net of accumulated depreciation $6,536 $14,485 $3,933 $24,954 Additions 5 30 (139) 2,977 2,868 Capitalized interest — — 29 29 Acquisitions 6 — — 744 744 Disposals (4) (1) — (5) Depreciation (966) (1,229) — (2,195) Impairment charges (120) (442) (12) (574) Transfers 7 1,273 1,326 (2,599) — At December 31, 2022 $6,749 $14,000 $5,072 $25,821 At December 31, 2022 Cost $18,469 $33,046 $17,027 $68,542 Accumulated depreciation and impairments (11,720) (19,046) (11,955) (42,721) Net carrying amount – December 31, 2022 $6,749 $14,000 $5,072 $25,821 Buildings, plant and equipment 1 Mining property costs subject to depreciation 2,4 Mining property costs not subject to depreciation 2,3 Total At January 1, 2021 Cost $18,361 $29,901 $15,531 $63,793 Accumulated depreciation and impairments (10,888) (16,332) (11,945) (39,165) Net carrying amount – January 1, 2021 $7,473 $13,569 $3,586 $24,628 Additions 5 23 154 2,366 2,543 Capitalized interest — — 16 16 Divestiture (50) (2) (1) (53) Disposals (7) (1) (10) (18) Depreciation (1,139) (1,053) — (2,192) Impairment reversals (charges) 42 (13) 1 30 Transfers 7 194 1,831 (2,025) — At December 31, 2021 $6,536 $14,485 $3,933 $24,954 At December 31, 2021 Cost $17,237 $31,824 $15,876 $64,937 Accumulated depreciation and impairments (10,701) (17,339) (11,943) (39,983) Net carrying amount – December 31, 2021 $6,536 $14,485 $3,933 $24,954 1 Additions include $30 million of right-of-use assets for lease arrangements entered into during the year ended December 31, 2022 (2021: $22 million). Depreciation includes depreciation for leased right-of-use assets of $20 million for the year ended December 31, 2022 (2021: $18 million). The net carrying amount of leased right-of-use assets was $61 million as at December 31, 2022 (2021: $53 million). 2 Includes capitalized reserve acquisition costs, capitalized development costs and capitalized exploration and evaluation costs other than exploration license costs included in intangible assets. 3 Assets not subject to depreciation include construction-in-progress, projects and acquired mineral resources and exploration potential at operating minesites and development projects. 4 Assets subject to depreciation include the following items for production stage properties: acquired mineral reserves and resources, capitalized mine development costs, capitalized stripping and capitalized exploration and evaluation costs. 5 Additions include revisions to the capitalized cost of closure and rehabilitation activities. 6 Relates to the Reko Diq reconstitution. Refer to note 4 for further information. 7 Primarily relates to non-current assets that are transferred between categories within PP&E once they are placed into service. a) Mining Property Costs Not Subject to Depreciation Carrying amount at Dec. 31, 2022 Carrying amount at Dec. 31, 2021 Construction-in-progress 1 $2,553 $2,114 Acquired mineral resources and exploration potential 139 165 Projects Pascua-Lama 727 780 Norte Abierto 670 662 Reko Diq 744 — Donlin Gold 239 212 $5,072 $3,933 1 Represents assets under construction at our operating minesites. b) Changes in Gold and Copper Mineral Life of Mine Plan As part of our annual business cycle, we prepare updated estimates of proven and probable gold and copper mineral reserves and the portion of resources considered probable of economic extraction for each mineral property. This forms the basis for our LOM plans. We prospectively revise calculations of amortization expense for property, plant and equipment amortized using the UOP method, where the denominator is our LOM ounces. The effect of changes in our LOM on amortization expense for 2022 was an $80 million decrease (2021: $128 million decrease). c) Capital Commitments In addition to entering into various operational commitments in the normal course of business, we had commitments of approximately $399 million at December 31, 2022 (2021: $443 million) for construction activities at our sites and projects. d) Other Lease Disclosure The Company leases various buildings, plant and equipment as part of the normal course of operations. Lease terms are negotiated on an individual basis and contain a wide range of different terms and conditions. Refer to note 25 for a lease maturity analysis. Included in net income for 2022 are short-term payments and variable lease payments not included in the measurement of lease liabilities of $6 million (2021: $10 million) and $88 million (2021: $67 million), respectively.

GOODWILL AND OTHER INTANGIBLE A

GOODWILL AND OTHER INTANGIBLE ASSETS	12 Months Ended
	Dec. 31, 2022
Intangible assets and goodwill [abstract]
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets a) Intangible Assets Water rights 1 Technology 2 Supply contracts 3 Exploration potential 4 Total Opening balance January 1, 2021 $67 $6 $4 $92 $169 Disposals (6) — — (10) (16) Amortization and impairment losses — — (3) — (3) Closing balance December 31, 2021 $61 $6 $1 $82 $150 Amortization and impairment losses — — (1) — (1) Closing balance December 31, 2022 $61 $6 $— $82 $149 Cost $61 $17 $39 $252 $369 Accumulated amortization and impairment losses — (11) (39) (170) (220) Net carrying amount December 31, 2022 $61 $6 $— $82 $149 1 Relates to water rights in South America, and will be amortized through cost of sales when we begin using these in the future. 2 The amount is amortized through cost of sales using the UOP method over LOM ounces of the Pueblo Viejo mine, with no assumed residual value. 3 Relates to a supply agreement with Michelin North America Inc. to secure a supply of tires and amortized over the effective term of the contract through cost of sales. 4 Exploration potential consists of the estimated fair value attributable to exploration licenses acquired as a result of a business combination or asset acquisition. The carrying value of the licenses will be transferred to PP&E when the development of attributable mineral resources commences. b) Goodwill Closing balance December 31, 2021 Impairments Closing balance December 31, 2022 Carlin $1,294 $— $1,294 Cortez 899 — 899 Turquoise Ridge 722 — 722 Phoenix 119 — 119 Hemlo 63 — 63 Loulo-Gounkoto 1,672 (1,188) 484 Total $4,769 ($1,188) $3,581 On a total basis, the gross amount and accumulated impairment losses are as follows: Cost $12,211 Accumulated impairment losses December 31, 2022 (8,630) Net carrying amount December 31, 2022 $3,581

IMPAIRMENT AND REVERSAL OF NON-

IMPAIRMENT AND REVERSAL OF NON-CURRENT ASSETS	12 Months Ended
	Dec. 31, 2022
Impairment of assets [Abstract]
Impairment and Reversal of Non-Current Assets	Impairment and Reversal of Non-Current Assets Summary of impairments (reversals) For the year ended December 31, 2022, we recorded net impairment charges of $483 million (2021: net impairment reversals of $63 million) for non-current assets and $1,188 million (2021: $nil) for goodwill, as summarized in the following table: For the years ended December 31 2022 2021 Veladero $490 $— Reko Diq (120) — Long Canyon 85 — Lumwana 23 — Lagunas Norte — (86) Golden Sunlight — 15 Pueblo Viejo — (7) Tanzania — 5 Hemlo — 5 Other 5 5 Total impairment charges (reversals) of non-current assets $483 ($63) Loulo-Gounkoto goodwill 1,188 — Total goodwill impairment charges $1,188 $— Total impairment charges (reversals) $1,671 ($63) 2022 Indicators of Impairment and Reversals In the fourth quarter of 2022, as per our policy, we performed our annual goodwill impairment test as required by IAS 36 and identified an impairment at our Loulo-Gounkoto mine. Also in the fourth quarter of 2022, we reconstituted the Reko Diq project, which was an indicator of impairment reversal, and we reviewed the updated LOM plans for our other operating minesites for indicators of impairment or reversal. We noted an indicator of impairment at our Veladero and Long Canyon mines. Loulo-Gounkoto In the fourth quarter of 2022, we performed the annual goodwill impairment test at Loulo-Gounkoto and determined that the carrying value of $4,260 million exceeded the FVLCD. We observed a decrease in the mine’s discounted cash flows reflecting higher operating and capital costs largely due to inflationary pressures and a higher WACC driven by higher interest rates as central banks have increased rates to combat inflation. Therefore we recorded a goodwill impairment of $1,188 million, based on a FVLCD of $3,072 million. The key assumptions used in this assessment are listed below. Veladero In the fourth quarter of 2022, we updated the LOM plan for Veladero and we observed a decrease in the mine’s discounted cash flows reflecting higher operating and capital costs largely due to significant inflationary pressures coupled with strict Argentine foreign exchange controls, a decrease in expected recovery rates from the leach pad and an increase in the WACC primarily due to higher country risk and higher risk-free rates. We determined that this was an indicator of impairment and concluded that the carrying value of $839 million exceeded the FVLCD and we recorded a non-current asset impairment of $490 million, based on a FVLCD of $479 million. A net realizable value impairment of leach pad inventory of $42 million was also recorded (refer to note 17). The key assumptions used in this assessment are consistent with our testing of goodwill impairment in the fourth quarter of 2022, as listed below. Long Canyon In the fourth quarter of 2022, we updated the LOM plan for Long Canyon and we observed a decrease in the mine’s discounted cash flows reflecting an update in the permitting timeline based on our experience at Goldrush and an increase in the WACC primarily due to higher risk-free rates as central banks have increased rates to combat inflation. We determined that this was an indicator of impairment and concluded that the carrying value of $391 million exceeded the FVLCD and we recorded a non-current asset impairment of $84 million, based on a FVLCD of $319 million. The key assumptions used in this assessment are consistent with our testing of goodwill impairment in the fourth quarter of 2022, as listed below. Reko Diq On December 15, 2022, Barrick completed the reconstitution of the Reko Diq project in Pakistan’s Balochistan province. The project was suspended in 2011 due to a dispute over the legality of its licensing process, and in 2012, an impairment of $120 million was recorded relating to our 37.5% investment in the Reko Diq project. The reconstitution resolves the damages originally awarded by the International Centre for the Settlement of Investment Disputes and disputed in the International Chamber of Commerce. The reconstituted project is held 50% by Barrick and 50% by Pakistani stakeholders, comprising a 10% free-carried, non-contributing share held by the Provincial Government of Balochistan, an additional 15% held by a special purpose company owned by the Provincial Government of Balochistan and 25% owned by other federal state-owned enterprises. Barrick is the operator of the project. In the fourth quarter of 2022, we recorded an impairment reversal of $120 million relating to the carrying value of our equity method investment in the Reko Diq project that we fully impaired in 2012. In addition, we recognized a gain of $300 million in other income as Barrick’s interest in the Reko Diq project increased from 37.5% to 50% as a result of the reconstitution of the project and we did not give up any consideration for the additional interest. The measurement of the gain was based on the sale price agreed upon by Barrick’s original partner in the Reko Diq joint venture to exit the reconstituted project. Porgera On April 9, 2021, the PNG government and BNL agreed on a partnership for the future ownership and operation of the Porgera mine. Porgera has been in care and maintenance since April 2020, when the government declined to renew its SML. The financial impact will be determined once all definitive agreements, which are currently being negotiated, have been signed. We have determined that the carrying value of our 47.5% share of Porgera ($327 million as at December 31, 2022) remains recoverable and there is no impairment loss to recognize. The ultimate resolution of this dispute may differ from this determination and there is no certainty that the carrying value will remain recoverable. Refer to note 35 for more information. 2021 Indicators of Impairment and Reversals In the fourth quarter of 2021, as per our policy, we performed our annual goodwill impairment test as required by IAS 36 and identified no impairments. Also in the fourth quarter of 2021, we reviewed the updated LOM plans for our other operating minesites for indicators of impairment or reversal. We noted an indicator of impairment at Long Canyon and an indicator of impairment reversal at Lumwana. Long Canyon The delayed timing of permitting activities and an updated geological model resulting in lower production over the LOM plan represented impairment triggers in the fourth quarter of 2021. We performed an analysis and concluded that the carrying amount remained recoverable under the revised LOM plan as at December 31, 2021. The key assumptions used in this assessment were consistent with our testing of goodwill impairment in the fourth quarter of 2021, as listed below. Lumwana In the fourth quarter of 2021, the Zambian government enacted amendments to the income tax laws, effective January 1, 2022, which allow for the deductibility of royalties when calculating income tax. We determined that this was an indicator of an impairment reversal, therefore we performed an analysis of the FVLCD and concluded that no reversal was appropriate at this time. First Quarter 2021 Lagunas Norte As described in note 4, on February 16, 2021, we announced an agreement to sell our 100% interest in the Lagunas Norte gold mine in Peru to Boroo for total consideration of up to $81 million. An impairment reversal of $86 million was recognized in the first quarter of 2021 based on the March 31, 2021 fair value of the consideration to be received of $63 million. Lagunas Norte was in a net liability position, which resulted in an impairment reversal that exceeded the FVLCD. The transaction closed on June 1, 2021. Key Assumptions Recoverable amount has been determined based on the estimated FVLCD, which has been determined to be greater than the VIU amounts. The key assumptions and estimates used in determining the FVLCD are related to future metal prices, weighted average costs of capital, NAV multiples for gold assets, operating costs, capital expenditures, closure costs, future production levels, continued license to operate, evidence of value from current year disposals and the expected start of production for our projects. In addition, assumptions are related to observable market evaluation metrics, including identification of comparable entities, and associated market values per ounce and per pound of reserves and/or resources, as well as the fair value of mineral resources outside of LOM plans. Gold For the gold segments where a recoverable amount was required to be determined, FVLCD was determined by calculating the net present value (“NPV”) of the future cash flows expected to be generated by the mines and projects within the CGU (Level 3 of the fair value hierarchy). The estimates of future cash flows were derived from the LOM plans and, where the LOM plans exclude a material portion of total reserves and resources, we assign value to resources not considered in these models. Based on observable market or publicly available data, including forward prices and equity sell-side analyst forecasts, we make an assumption of future gold, copper and silver prices to estimate future revenues. The future cash flows for each gold mine are discounted using a real WACC, which reflects specific market risk factors for each mine. Some gold companies trade at a market capitalization greater than the NPV of their expected cash flows. Market participants describe this as a “NAV multiple”, which represents the multiple applied to the NPV to arrive at the trading price. The NAV multiple is generally understood to take account of a variety of additional value factors such as the exploration potential of the mineral property, namely the ability to find and produce more metal than what is currently included in the LOM plan or reserve and resource estimates, and the benefit of gold price optionality. As a result, we applied a specific NAV multiple to the NPV of each CGU within each gold segment based on the NAV multiples observed in the market in recent periods and that we judged to be appropriate to the CGU. Assumptions The short-term and long-term gold and copper price assumptions used in our fourth quarter 2022 and 2021 impairment testing are as follows: 2022 2021 Gold price per oz (short-term) $1,700 $1,700 Gold price per oz (long-term) 1,550 1,500 Copper price per lb (short-term) 3.50 4.00 Copper price per lb (long-term) 3.25 3.00 Neither the increase in the long-term gold price nor long-term copper price assumption from 2021 were considered an indicator of impairment reversal as the increased price would not, in isolation, have resulted in the identification of an impairment reversal at our mines with reversible impairments. The other key assumptions used in our impairment testing, based on the CGUs tested in each year, are summarized in the table below: 2022 2021 WACC - gold (range) 4%-13% 3%-8% WACC - gold (avg) 6 % 4 % WACC - copper n/a 12 % NAV multiple - gold (avg) 1.2 1.2 LOM years - gold (avg) 20 19 Sensitivities Should there be a significant increase or decline in commodity prices, we would take actions to assess the implications on our LOM plans, including the determination of reserves and resources, and the appropriate cost structure for the CGU. The recoverable amount of the CGU would be affected by these changes and also be impacted by other market factors such as changes in NAV multiples and the value per ounce/pound of comparable market entities. We performed a sensitivity analysis on each gold CGU that was tested as part of the goodwill impairment test, as well as those gold CGUs which we believe are most sensitive to changes in the key assumptions. We flexed the gold prices, WACC and NAV multiple, which are the most significant assumptions that impact the impairment calculations. We first assumed a +/- $100 per ounce change in our gold price assumptions, while holding all other assumptions constant. We then assumed a +/-1% change in our WACC, independent from the change in gold prices, while holding all other assumptions constant. Finally, we assumed a +/- 0.1 change in the NAV multiple, while holding all other assumptions constant. These sensitivities help to determine the theoretical impairment losses or impairment reversals that would be recorded with these changes in gold prices, WACC and NAV multiple. If the gold price per ounce was increased by $100, the goodwill impairment recognized for Loulo-Gounkoto would have been lower by $617 million, the non-current asset impairment for Veladero would have been lower by $90 million and there would not have been a non-current asset impairment at Long Canyon. If the gold price per ounce was decreased by $100, the goodwill impairment recognized for Loulo-Gounkoto would have been higher by $283 million, the non-current asset impairments would have increased by $71 million at Veladero and $55 million at Long Canyon and a non-current asset impairment of $278 million would have been recognized at Bulyanhulu. If the WACC was decreased by 1%, the goodwill impairment recognized for Loulo-Gounkoto would have been lower by $412 million, and a non-current asset impairment of $155 million would have been recognized at Bulyanhulu, no additional non-current asset impairment would have been recognized for Veladero and there would not have been a non-current asset impairment at Long Canyon. If the WACC was increased by 1%, no additional goodwill impairment would have been recognized for Loulo-Gounkoto, an additional non-current asset impairment of $39 million at Long Canyon would have been recognized and there would have been no change in the non-current asset impairment at Veladero. If the NAV multiple was decreased by 0.1, there would have been no additional goodwill impairment, a non-current asset impairment of $167 million would have been recognized at Bulyanhulu, but no additional non-current asset impairments recognized at Veladero or Long Canyon. If the NAV multiple was increased by 0.1, the goodwill impairment recognized for Loulo-Gounkoto would have been lower by $416 million, the non-current asset impairments would have decreased by $55 million at Veladero and there would have been no change in the non-current asset impairment at Long Canyon. The carrying value of the CGUs that are most sensitive to changes in the key assumptions used in the FVLCD calculation are: As at December 31, 2022 Carrying Value Loulo-Gounkoto $3,165 Bulyanhulu 1,047 Veladero 561 Long Canyon 336

OTHER ASSETS

OTHER ASSETS	12 Months Ended
	Dec. 31, 2022
Other assets [Abstract]
Other Assets	Other Assets As at December 31, 2022 As at December 31, 2021 Value added taxes receivable 1 $218 $199 Other investments 2 112 414 Notes receivable 3 160 123 Norte Abierto JV Partner Receivable 149 150 Restricted cash 4 151 147 Prepayments 5 223 253 Derivative assets 6 — 53 Other 115 170 $1,128 $1,509 1 Includes VAT and fuel tax receivables of $29 million in Argentina, $119 million in Tanzania and $70 million in Chile (Dec. 31, 2021: $47 million, $94 million and $58 million, respectively). 2 Includes equity investments in other mining companies. 3 Primarily represents the interest bearing promissory note due from NovaGold. 4 Primarily represents the cash balance at Pueblo Viejo that is contractually restricted in respect of disbursements for environmental rehabilitation that are expected to occur near the end of Pueblo Viejo’s mine life. 5 Primarily relates to prepaid royalties at Carlin and Pueblo Viejo.

ACCOUNTS PAYABLE

ACCOUNTS PAYABLE	12 Months Ended
	Dec. 31, 2022
Trade and other payables [abstract]
Accounts Payable	Accounts Payable As at December 31, 2022 As at December 31, 2021 Accounts payable $741 $539 Accruals 1 556 676 Payroll accruals 1 259 233 $1,556 $1,448

OTHER CURRENT LIABILITIES

OTHER CURRENT LIABILITIES	12 Months Ended
	Dec. 31, 2022
Miscellaneous current liabilities [abstract]
Other Current Liabilities	Other Current Liabilities As at December 31, 2022 As at December 31, 2021 Payable to Antofagasta plc 1 $945 $— Provision for environmental rehabilitation (note 27b) 191 166 Deposit on Pueblo Viejo gold and silver streaming agreement 54 43 Share-based payments (note 34a) 50 57 Pueblo Viejo JV partner shareholder loan (note 29) 32 9 Other 116 63 $1,388 $338

FINANCIAL INSTRUMENTS

FINANCIAL INSTRUMENTS	12 Months Ended
	Dec. 31, 2022
Disclosure of detailed information about financial instruments [abstract]
Financial Instruments	Financial Instruments Financial instruments include cash; evidence of ownership in an entity; or a contract that imposes an obligation on one party and conveys a right to a second entity to deliver/receive cash or another financial instrument. Information on certain types of financial instruments is included elsewhere in these consolidated financial statements as follows: accounts receivable (note 18); restricted share units (note 34a). a) Cash and Equivalents Cash and equivalents include cash, term deposits, treasury bills and money market investments with original maturities of less than 90 days. As at December 31, 2022 As at December 31, 2021 Cash deposits $2,994 $3,691 Term deposits 1,443 1,582 Money market investments 3 7 $4,440 $5,280 Of total cash and cash equivalents as of December 31, 2022, $nil (2021: $nil) was held in subsidiaries which have regulatory or contractual restrictions or operate in countries where exchange controls and other legal restrictions apply and are therefore not available for general use by the Company. b) Debt and Interest 1 Closing balance December 31, 2021 Proceeds Repayments Amortization and other 2 Closing balance December 31, 2022 5.7% notes 3,10 $843 $— $— $1 $844 5.25% notes 4 744 — (375) 3 372 5.80% notes 5,10 395 — — 1 396 6.35% notes 6,10 594 — — 1 595 Other fixed rate notes 7,10 1,082 — — 1 1,083 Leases 8 68 — (20) 22 70 Other debt obligations 581 — — (3) 578 5.75% notes 9,10 843 — — 1 844 $5,150 $— ($395) $27 $4,782 Less: current portion 11 (15) — — — (13) $5,135 $— ($395) $27 $4,769 Closing balance December 31, 2020 Proceeds Repayments Amortization and other 2 Closing balance December 31, 2021 5.7% notes 3,10 $842 $— $— $1 $843 5.25% notes 4 744 — — — 744 5.80% notes 5,10 395 — — — 395 6.35% notes 6,10 594 — — — 594 Other fixed rate notes 7,10 1,081 — — 1 1,082 Leases 8 66 — (20) 22 68 Other debt obligations 590 — (7) (2) 581 5.75% notes 9,10 843 — — — 843 $5,155 $— ($27) $22 $5,150 Less: current portion 11 (20) — — — (15) $5,135 $— ($27) $22 $5,135 1 The agreements that govern our long-term debt each contain various provisions which are not summarized herein. These provisions allow Barrick, at its option, to redeem indebtedness prior to maturity at specified prices and also may permit redemption of debt by Barrick upon the occurrence of certain specified changes in tax legislation. 2 Amortization of debt premium/discount and increases (decreases) in capital leases. 3 Consists of $850 million (2021: $850 million) of our wholly-owned subsidiary Barrick North America Finance LLC (“BNAF”) notes due 2041. 4 Consists of $375 million (2021: $750 million) of 5.25% notes which mature in 2042. 5 Consists of $400 million (2021: $400 million) of 5.80% notes which mature in 2034. 6 Consists of $600 million (2021: $600 million) of 6.35% notes which mature in 2036. 7 Consists of $1.1 billion (2021: $1.1 billion) in conjunction with our wholly-owned subsidiary BNAF and our wholly-owned subsidiary Barrick (PD) Australia Finance Pty Ltd. (“BPDAF”). This consists of $250 million (2021: $250 million) of BNAF notes due 2038 and $850 million (2021: $850 million) of BPDAF notes due 2039. 8 Consists primarily of leases at Nevada Gold Mines, $17 million, Loulo-Gounkoto, $24 million, Veladero, $9 million, Lumwana, $4 million, Hemlo, $2 million, Pascua-Lama, $2 million and Tongon, $2 million (2021: $18 million, $25 million, $2 million, $6 million, $4 million, $2 million and $4 million, respectively). 9 Consists of $850 million (2021: $850 million) in conjunction with our wholly-owned subsidiary BNAF. 10 We provide an unconditional and irrevocable guarantee on all BNAF, BPDAF, Barrick Gold Finance Company (“BGFC”), and Barrick (HMC) Mining (“BHMC”) notes and generally provide such guarantees on all BNAF, BPDAF, BGFC, and BHMC notes issued, which rank equally with our other unsecured and unsubordinated obligations. 11 The current portion of long-term debt consists of leases ($13 million; 2021: $15 million). 5.7% Notes In June 2011, BNAF issued an aggregate of $4.0 billion in debt securities including $850 million of 5.70% notes that mature in 2041 issued by BNAF (collectively, the “BNAF Notes”). Barrick provides an unconditional and irrevocable guarantee of the BNAF Notes, which rank equally with Barrick’s other unsecured and unsubordinated obligations. 5.25% Notes On April 3, 2012, we issued an aggregate of $2 billion in debt securities including $750 million of 5.25% notes that mature in 2042. During 2022, $375 million of the 5.25% notes was repaid. Other Fixed Rate Notes On October 16, 2009, we issued debentures through our wholly-owned indirect subsidiary BPDAF consisting of $850 million of 30-year notes with a coupon rate of 5.95%. We also provide an unconditional and irrevocable guarantee of these payments, which rank equally with our other unsecured and unsubordinated obligations. In September 2008, we issued an aggregate of $1.25 billion of notes through our wholly-owned indirect subsidiaries BNAF and BGFC including $250 million of 30-year notes with a coupon rate of 7.5%. We also provide an unconditional and irrevocable guarantee of these payments, which rank equally with our other unsecured and unsubordinated obligations. 5.75% Notes On May 2, 2013, we issued an aggregate of $3 billion in notes through Barrick and our wholly-owned indirect subsidiary BNAF including $850 million of 5.75% notes issued by BNAF that mature in 2043. $2 billion of the net proceeds from this offering was used to repay amounts outstanding under our revolving credit facility at that time. We provide an unconditional and irrevocable guarantee on the $850 million of 5.75% notes issued by BNAF, which rank equally with our other unsecured and unsubordinated obligations. Amendment and Refinancing of the Credit Facility In May 2022, we amended the credit and guarantee agreement (the “Credit Facility”) with certain Lenders, which requires such Lenders to make available to us a credit facility of $3.0 billion or the equivalent amount in Canadian dollars. The Credit Facility, which is unsecured, currently has an interest rate of Secured Overnight Financing Rate (“SOFR”) plus 1.00% on drawn amounts, and a standby rate of 0.09% on undrawn amounts. As part of the amendment, the termination date of the Credit Facility was extended from May 2026 to May 2027. The Credit Facility was undrawn as at December 31, 2022. Interest 2022 2021 For the years ended December 31 Interest cost Effective rate 1 Interest cost Effective rate 1 5.7% notes $49 5.74 % $49 5.74 % 5.25% notes 37 5.47 % 40 5.29 % 5.80% notes 23 5.85 % 23 5.85 % 6.35% notes 38 6.41 % 38 6.41 % Other fixed rate notes 70 6.39 % 70 6.38 % Leases 4 6.56 % 5 7.66 % Other debt obligations 35 6.25 % 35 6.25 % 5.75% notes 49 5.79 % 49 5.79 % Deposits on Pascua-Lama silver sale agreement (note 29) 4 2.82 % 4 2.82 % Deposits on Pueblo Viejo gold and silver streaming agreement (note 29) 29 6.07 % 31 6.24 % Other interest 34 21 $372 $365 Less: interest capitalized (29) (16) $343 $349 1 The effective rate includes the stated interest rate under the debt agreement, amortization of debt issue costs and debt discount/premium and the impact of interest rate contracts designated in a hedging relationship with debt. Scheduled Debt Repayments 1 Issuer Maturity Year 2023 2024 2025 2026 2027 2028 and thereafter Total 7.73% notes 2 BGC 2025 $— $— $7 $— $— $— $7 7.70% notes 2 BGC 2025 — — 5 — — — 5 7.37% notes 2 BGC 2026 — — — 32 — — 32 8.05% notes 2 BGC 2026 — — — 15 — — 15 6.38% notes 2 BGC 2033 — — — — — 200 200 5.80% notes BGC 2034 — — — — — 200 200 5.80% notes BGFC 2034 — — — — — 200 200 6.45% notes 2 BGC 2035 — — — — — 300 300 6.35% notes BHMC 2036 — — — — — 600 600 7.50% notes 3 BNAF 2038 — — — — — 250 250 5.95% notes 3 BPDAF 2039 — — — — — 850 850 5.70% notes BNAF 2041 — — — — — 850 850 5.25% notes BGC 2042 — — — — — 375 375 5.75% notes BNAF 2043 — — — — — 850 850 $— $— $12 $47 $— $4,675 $4,734 Minimum annual payments under leases $13 $9 $9 $9 $8 $22 $70 1 This table illustrates the contractual undiscounted cash flows, and may not agree with the amounts disclosed in the consolidated balance sheet. 2 Included in Other debt obligations in the Long-Term Debt table. 3 Included in Other fixed rate notes in the Long-Term Debt table. c) Derivative Instruments (“Derivatives”) In the normal course of business, our assets, liabilities and forecasted transactions, as reported in US dollars, are impacted by various market risks including, but not limited to: Item Impacted by ● Revenue ● Prices of gold, silver and copper ● Cost of sales o Consumption of diesel fuel, propane, natural gas, and electricity o Prices of diesel fuel, propane, natural gas, and electricity o Non-US dollar expenditures o Currency exchange rates - US dollar versus A$, ARS, C$, CLP, DOP, EUR, PGK, TZS, XOF, ZAR and ZMW ● General and administration, exploration and evaluation costs ● Currency exchange rates - US dollar versus A$, ARS, C$, CLP, DOP, GBP, PGK, TZS, XOF, ZAR, and ZMW ● Capital expenditures o Non-US dollar capital expenditures o Currency exchange rates - US dollar versus A$, ARS, C$, CLP, DOP, EUR, GBP, PGK, XOF, ZAR, and ZMW o Consumption of steel o Price of steel ● Interest earned on cash and equivalents ● US dollar interest rates ● Interest paid on fixed-rate borrowings ● US dollar interest rates The time frame and manner in which we manage those risks varies for each item based upon our assessment of the risk and available alternatives for mitigating risk. For these particular risks, we believe that derivatives are an appropriate way of managing the risk. We use derivatives as part of our risk management program to mitigate variability associated with changing market values related to the hedged item. Many of the derivatives we use meet the hedge effectiveness criteria and are designated in a hedge accounting relationship. Certain derivatives are designated as either hedges of the fair value of recognized assets or liabilities or of firm commitments (“fair value hedges”) or hedges of highly probable forecasted transactions (“cash flow hedges”), collectively known as “accounting hedges”. Hedges that are expected to be highly effective in achieving offsetting changes in fair value or cash flows are assessed on an ongoing basis to determine that they actually have been highly effective throughout the financial reporting periods for which they were designated. Some of the derivatives we use are effective in achieving our risk management objectives, but they do not meet the strict hedge accounting criteria. These derivatives are considered to be “non-hedge derivatives”. During 2022 and 2021, we did not enter into any derivative contracts for US dollar interest rates, currencies, or commodity inputs.

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	12 Months Ended
	Dec. 31, 2022
Fair value measurements [Abstract]
Fair Value Measurements	Fair Value Measurements Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value hierarchy establishes three levels to classify the inputs to valuation techniques used to measure fair value. Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities. Level 2 inputs are quoted prices in markets that are not active, quoted prices for similar assets or liabilities in active markets, inputs other than quoted prices that are observable for the asset or liability (for example, interest rate and yield curves observable at commonly quoted intervals, forward pricing curves used to value currency and commodity contracts and volatility measurements used to value option contracts), or inputs that are derived principally from or corroborated by observable market data or other means. Level 3 inputs are unobservable (supported by little or no market activity). The fair value hierarchy gives the highest priority to Level 1 inputs and the lowest priority to Level 3 inputs. a) Assets and Liabilities Measured at Fair Value on a Recurring Basis Fair Value Measurements At December 31, 2022 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 $112 $— $— $112 Derivatives — 59 — 59 Receivables from provisional copper and gold sales — 188 — 188 $112 $247 $— $359 Fair Value Measurements At December 31, 2021 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 $414 $— $— $414 Derivatives — 53 — 53 Receivables from provisional copper and gold sales — 242 — 242 $414 $295 $— $709 1 Includes equity investments in other mining companies. b) Fair Values of Financial Assets and Liabilities At December 31, 2022 At December 31, 2021 Carrying amount Estimated fair value Carrying amount Estimated fair value Financial assets Other assets 1,5 $1,358 $1,358 $382 $382 Other investments 2 112 112 414 414 Derivative assets 3 59 59 53 53 $1,529 $1,529 $849 $849 Financial liabilities Debt 4 $4,782 $4,922 $5,150 $6,928 Other liabilities 5 1,562 1,562 473 473 $6,344 $6,484 $5,623 $7,401 1 Includes restricted cash and amounts due from our partners. 2 Includes equity investments in other mining companies. Recorded at fair value. Quoted market prices are used to determine fair value. 3 Primarily consists of contingent consideration received as part of the sale of Massawa and Lagunas Norte. 4 Debt is generally recorded at amortized cost except for obligations that are designated in a fair-value hedge relationship, in which case the carrying amount is adjusted for changes in fair value of the hedging instrument in periods when a hedge relationship exists. The fair value of debt is primarily determined using quoted market prices. Balance includes both current and long-term portions of debt. 5 Other assets include a restricted cash balance and other liabilities include a liability to Antofagasta plc. The restricted cash will fund Antofagasta plc’s exit from the Reko Diq project, following its reconstitution as described in note 4. 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, 2022 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 — — 648 648 Goodwill 2 — — 484 484 1 Property, plant and equipment were written down by $574 million, which was included in earnings in this period. 2 Goodwill was written down at Loulo-Gounkoto by $1,188 million, which was included in earnings in this period. Receivables from Provisional Copper and Gold Sales The fair value of receivables arising from copper and gold sales contracts that contain provisional pricing mechanisms is determined using the appropriate quoted forward price from the exchange that is the principal active market for the particular metal. As such, these receivables, which meet the definition of an embedded derivative, are classified within Level 2 of the fair value hierarchy. Other Long-Term Assets The fair value of property, plant and equipment, goodwill, intangibles and other assets is determined primarily using an income approach based on unobservable cash flows and a market multiples approach where applicable, and as a result is classified within Level 3 of the fair value hierarchy. Refer to note 21 for disclosure of inputs used to develop these measures.

PROVISIONS

PROVISIONS	12 Months Ended
	Dec. 31, 2022
Other provisions [abstract]
Provisions	Provisions a) Provisions As at December 31, 2022 As at December 31, 2021 Environmental rehabilitation (“PER”) $2,013 $2,559 Post-retirement benefits 46 48 Share-based payments 14 17 Other employee benefits 36 42 Other 102 102 $2,211 $2,768 b) Environmental Rehabilitation 2022 2021 At January 1 $2,725 $3,081 PERs divested during the year — (265) Closed Sites Impact of revisions to expected cash flows recorded in earnings (117) 44 Settlements Cash payments (102) (89) Settlement gains (5) (6) Accretion 23 18 Operating Sites PER revisions in the year (317) (42) Settlements Cash payments (43) (44) Settlement gains (3) (2) Accretion 43 30 At December 31 $2,204 $2,725 Current portion (note 24) (191) (166) $2,013 $2,559 The eventual settlement of substantially all PERs estimated is expected to take place between 2023 and 2062. The total PER has increased in the fourth quarter of 2022 by $126 million primarily due to changes in cost estimates at our Cortez, Carlin and Pascua-Lama properties, combined with a decrease in the discount rate. For the year ended December 31, 2022, our PER balance decreased by $521 million primarily due to an increase in the discount rate and spending incurred during the year, partially offset by the changes in cost estimates described above. A 1% increase in the discount rate would result in a decrease in the PER by $219 million and a 1% decrease in the discount rate would result in an increase in the PER by $266 million, while holding the other assumptions constant.

FINANCIAL RISK MANAGEMENT

FINANCIAL RISK MANAGEMENT	12 Months Ended
	Dec. 31, 2022
Disclosure of nature and extent of risks arising from financial instruments [abstract]
Financial Risk Management	Financial Risk Management Our financial instruments are comprised of financial liabilities and financial assets. Our principal financial liabilities, other than derivatives, comprise accounts payable and debt. The main purpose of these financial instruments is to manage short-term cash flow and raise funds for our capital expenditure program. Our principal financial assets, other than derivative instruments, are cash and equivalents, restricted cash, accounts receivable, notes receivable and JV partner receivable, which arise directly from our operations. In the normal course of business, we use derivative instruments to mitigate exposure to various financial risks. We manage our exposure to key financial risks in accordance with our financial risk management policy. The objective of the policy is to support the delivery of our financial targets while protecting future financial security. The main risks that could adversely affect our financial assets, liabilities or future cash flows are as follows: a. Market risk, including commodity price risk, foreign currency and interest rate risk; b. Credit risk; c. Liquidity risk; and d. Capital risk management. Management designs strategies for managing each of these risks, which are summarized below. Our senior management oversees the management of financial risks. Our senior management ensures that our financial risk-taking activities are governed by policies and procedures and that financial risks are identified, measured and managed in accordance with our policies and our risk appetite. All derivative activities for risk management purposes are carried out by the appropriate personnel. a) Market Risk Market risk is the risk that changes in market factors, such as commodity prices, foreign exchange rates or interest rates, will affect the value of our financial instruments. We manage market risk by either accepting it or mitigating it through the use of derivatives and other economic hedging strategies. Commodity Price Risk Gold and Copper We sell our gold and copper production in the world market. The market prices of gold and copper are the primary drivers of our profitability and ability to generate both operating and free cash flow. Our corporate treasury group implements hedging strategies on an opportunistic basis to protect us from downside price risk on our gold and copper production. We did not enter into any positions during 2022 and 2021 and we do not have any positions outstanding as at December 31, 2022. Our gold and copper production is subject to market prices. Fuel We consume diesel fuel and natural gas to run our operations. Diesel fuel is refined from crude oil and is therefore subject to the same price volatility affecting crude oil prices. Therefore, volatility in crude oil and natural gas prices have a direct and indirect impact on our production costs. Foreign Currency Risk The functional and reporting currency for all of our operating segments is the US dollar and we report our results using the US dollar. The majority of our operating and capital expenditures are denominated and settled in US dollars. We have exposure to the Argentine peso through operating costs at our Veladero mine, and peso denominated VAT receivable balances. In addition, we have exposure to the Canadian and Australian dollars, Chilean peso, Papua New Guinea kina, Zambian kwacha, Tanzanian shilling, Dominican peso, West African CFA franc, Euro, South African rand, and British pound through mine operating and capital costs. Consequently, fluctuations in the US dollar exchange rate against these currencies increase the volatility of cost of sales, general and administrative costs and overall net earnings, when translated into US dollars. Interest Rate Risk Interest rate risk refers to the risk that the value of a financial instrument or cash flows associated with the instruments will fluctuate due to changes in market interest rates. Currently, our interest rate exposure mainly relates to interest receipts on our cash balances ($4.4 billion at the end of the year); the mark-to-market value of derivative instruments; and to the interest payments on our variable-rate debt ($0.1 billion at December 31, 2022). The effect on net earnings and equity of a 1% change in the interest rate of our financial assets and liabilities as at December 31, 2022 is approximately $39 million (2021: $37 million). b) Credit Risk Credit risk is the risk that a third party might fail to fulfill its performance obligations under the terms of a financial instrument. Credit risk arises from cash and equivalents, restricted cash, notes receivable, JV partner receivable, accounts receivable, as well as derivative assets. To mitigate our inherent exposure to credit risk on all financial assets listed above (other than derivative assets) we maintain policies to limit the concentration of credit risk, review counterparty creditworthiness on a monthly basis, and ensure liquidity of available funds. We also invest our excess cash and equivalents in highly rated financial institutions, primarily within the United States and Canada. Furthermore, we sell our gold and copper production into the world market and to financial institutions and private customers with strong credit ratings. Historically, customer defaults have not had a significant impact on our operating results or financial position. The Company’s maximum exposure to credit risk at the reporting date is the carrying value of each of the financial assets, excluding derivative assets, disclosed as follows: As at December 31, 2022 As at December 31, 2021 Cash and equivalents $4,440 $5,280 Accounts receivable 554 623 Derivative assets 59 53 Notes receivable 160 123 Norte Abierto JV partner receivable 172 173 Restricted cash 1,096 147 $6,481 $6,399 c) Liquidity Risk Liquidity risk is the risk of loss from not having access to sufficient funds to meet both expected and unexpected cash demands. We manage our exposure to liquidity risk by maintaining cash reserves, access to undrawn credit facilities and access to public debt markets, by staggering the maturities of outstanding debt instruments to mitigate refinancing risk and by monitoring of forecasted and actual cash flows. Details of the undrawn credit facility are included in note 25. Our capital structure comprises a mix of debt, non-controlling interest and shareholders’ equity. As at December 31, 2022, our total debt was $4.8 billion (debt net of cash and equivalents was $342 million) compared to total debt as at December 31, 2021 of $5.2 billion (debt net of cash and equivalents was $(130) million). Our operating cash flow is dependent on the ability of our operations to deliver projected future cash flows. The market prices of gold, and to a lesser extent copper, are the primary drivers of our operating cash flow. Other options to enhance liquidity include further portfolio optimization and the creation of new joint ventures and partnerships; issuance of equity securities in the public markets or to private investors, which could be undertaken for liquidity enhancement and/or in connection with establishing a strategic partnership; issuance of long-term debt securities in the public markets or to private investors (Moody’s and S&P currently rate Barrick’s outstanding long-term debt as investment grade, with ratings of A3 and BBB+, respectively); and drawing on the $3.0 billion available under our undrawn credit facility (subject to compliance with covenants and the making of certain representations and warranties, this facility is available for drawdown as a source of financing). The key financial covenant in the Credit Facility (undrawn as at December 31, 2022) requires Barrick to maintain a net debt to total capitalization ratio, as defined in the agreement, of 0.60:1 or lower (Barrick’s net debt to total capitalization ratio was 0.01:1 as at December 31, 2022). The following table outlines the expected maturity of our significant financial assets and liabilities into relevant maturity groupings based on the remaining period from the balance sheet date to the contractual maturity date. As the amounts presented in the table are the contractual undiscounted cash flows, these balances may not agree with the amounts disclosed in the balance sheet. As at December 31, 2022 (in $ millions) Less than 1 year 1 to 3 years 3 to 5 years Over 5 years Total Cash and equivalents $4,440 $— $— $— $4,440 Accounts receivable 554 — — — 554 Notes receivable — 11 3 146 160 Norte Abierto JV partner receivable 23 25 — 124 172 Restricted cash 945 15 — 136 1,096 Derivative assets 59 — — — 59 Trade and other payables 1,556 — — — 1,556 Debt 13 30 64 4,697 4,804 Other liabilities 1,017 210 76 259 1,562 As at December 31, 2021 (in $ millions) Less than 1 year 1 to 3 years 3 to 5 years Over 5 years Total Cash and equivalents $5,280 $— $— $— $5,280 Accounts receivable 623 — — — 623 Notes receivable — 1 — 122 123 Norte Abierto JV partner receivable 23 46 — 104 173 Restricted cash — 12 — 135 147 Derivative assets — 53 — — 53 Trade and other payables 1,448 — — — 1,448 Debt 15 17 67 5,077 5,176 Other liabilities 30 196 92 155 473 d) Capital Risk Management Our objective when managing capital is to provide value for shareholders by maintaining an optimal short-term and long-term capital structure in order to reduce the overall cost of capital while preserving our ability to continue as a going concern. Our capital management objectives are to safeguard our ability to support our operating requirements on an ongoing basis, continue the development and exploration of our mineral properties and support any expansion plans. Our objectives are also to ensure that we maintain a strong balance sheet and optimize the use of debt and equity to support our business and provide financial flexibility in order to provide meaningful returns to shareholders and maximize shareholder value. We define capital as total debt less cash and equivalents and it is managed by management subject to approved policies and limits by the Board of Directors. We have no significant financial covenants or capital requirements with our lenders or other parties other than what is discussed under liquidity risk in note 28c.

OTHER NON-CURRENT LIABILITIES

OTHER NON-CURRENT LIABILITIES	12 Months Ended
	Dec. 31, 2022
Miscellaneous non-current liabilities [abstract]
Other Non-Current Liabilities	Other Non-Current Liabilities As at December 31, 2022 As at December 31, 2021 Deposit on Pascua-Lama silver sale agreement $158 $154 Deposit on Pueblo Viejo gold and silver streaming agreement 1 415 438 Long-term income tax payable 200 267 GoT shareholder loan 118 150 Pueblo Viejo JV partner shareholder loan 318 164 Provision for offsite remediation 32 52 Other 88 76 $1,329 1,301 1 Revenues of $40 million were recognized in 2022 (2021: $44 million) through the draw-down of our streaming liabilities relating to a contract in place at Pueblo Viejo. Government of Tanzania Shareholder Loan On January 24, 2020, Barrick formalized the establishment of a joint venture between Barrick and the Government of Tanzania (“GoT”). Effective January 1, 2020, the GoT received a 16% interest in the shareholder loans owed by Bulyanhulu and Buzwagi, of which $167 million was payable to the GoT. During 2021, $16 million was repaid. During 2022, $32 million was offset against value added taxes recoverable. Pueblo Viejo Shareholder Loan In November 2020, Pueblo Viejo entered into a $1.3 billion loan facility agreement with its shareholders (the “PV Shareholder Loan”) to provide long-term financing to expand the mine. The shareholders will lend funds pro rata in accordance with their shareholding in Pueblo Viejo. The PV Shareholder Loan is broken up into two facilities: $0.8 billion of funds that could be drawn on a pro rata basis until June 30, 2022 (“Facility I”) and $0.5 billion of funds that can be drawn on a pro rata basis until June 30, 2025 (“Facility II”). During 2022, Facility I was extended to December 31, 2022. Starting in 2023, amortized repayments for Facility I are due to begin twice yearly on the scheduled repayment dates, with a final maturity date of February 28, 2032. Amortized repayments for Facility II are due to begin twice yearly on the scheduled repayment dates after June 30, 2025, with a final maturity date of February 28, 2035. The interest rate on drawn amounts is SOFR plus 400 basis points. During 2022, 2021 and 2020, $369 million, $327 million and $104 million, respectively, were drawn on Facility I, fully drawing it down, including $147 million, $131 million and $42 million, respectively, from Barrick’s Pueblo Viejo JV partner. During 2022, $75 million was drawn on Facility II, including $30 million from Barrick’s Pueblo Viejo JV partner. Pascua-Lama Silver Sale Agreement Our silver sale agreement with Wheaton requires us to deliver 25 percent of the life of mine silver production from the Pascua-Lama project once it is constructed and required delivery of 100 percent of silver production from the Lagunas Norte, Pierina and Veladero mines until March 31, 2018. In return, we were entitled to an upfront cash payment of $625 million payable over three three Given that, as of September 28, 2020, Wheaton had not exercised its termination right, a residual liability of $253 million remains due on September 1, 2039 (assuming no future deliveries are made). This residual cash liability was remeasured to $148 million as at September 30, 2020, which was the present value of the liability due in 2039 discounted at a rate estimated for comparable liabilities, including Barrick's outstanding debt. The liability had a balance of $158 million as at December 31, 2022 and is measured at amortized cost. Pueblo Viejo Gold and Silver Streaming Agreement On September 29, 2015, we closed a gold and silver streaming transaction with Royal Gold, Inc. (“Royal Gold”) for production linked to Barrick’s 60 percent interest in the Pueblo Viejo mine. Royal Gold made an upfront cash payment of $610 million and will continue to make cash payments for gold and silver delivered under the agreement. The $610 million upfront payment is not repayable and Barrick is obligated to deliver gold and silver based on Pueblo Viejo’s production. We have accounted for the upfront payment as deferred revenue and will recognize it in earnings, along with the ongoing cash payments, as the gold and silver is delivered to Royal Gold. We will also be recording accretion expense on the deferred revenue balance as the time value of the upfront deposit represents a significant component of the transaction. Under the terms of the agreement, Barrick will sell gold and silver to Royal Gold equivalent to: • 7.5 percent of Barrick’s interest in the gold produced at Pueblo Viejo until 990,000 ounces of gold have been delivered, and 3.75 percent thereafter. As at December 31, 2022, approximately 317,000 ounces of gold have been delivered. • 75 percent of Barrick’s interest in the silver produced at Pueblo Viejo until 50 million ounces have been delivered, and 37.5 percent thereafter. Silver will be delivered based on a fixed recovery rate of 70 percent. Silver above this recovery rate is not subject to the stream. As at December 31, 2022, approximately 11 million ounces of silver have been delivered. Barrick will receive ongoing cash payments from Royal Gold equivalent to 30 percent of the prevailing spot prices for the first 550,000 ounces of gold and 23.1 million ounces of silver delivered. Thereafter payments will double to 60 percent of prevailing spot prices for each subsequent ounce of gold and silver delivered. Ongoing cash payments to Barrick are tied to prevailing spot prices rather than fixed in advance, maintaining exposure to higher gold and silver prices in the future.

DEFERRED INCOME TAXES

DEFERRED INCOME TAXES	12 Months Ended
	Dec. 31, 2022
Income tax [Abstract]
Deferred Income Taxes	Deferred Income Taxes Recognition and Measurement We record deferred income tax assets and liabilities where temporary differences exist between the carrying amounts of assets and liabilities in our balance sheet and their tax bases. The measurement and recognition of deferred income tax assets and liabilities takes into account: substantively enacted rates that will apply when temporary differences reverse; interpretations of relevant tax legislation; estimates of the tax bases of assets and liabilities; and the deductibility of expenditures for income tax purposes. In addition, the measurement and recognition of deferred tax assets takes into account tax planning strategies. We recognize the effect of changes in our assessment of these estimates and factors when they occur. Changes in deferred income tax assets and liabilities are allocated between net income, other comprehensive income, equity and goodwill based on the source of the change. Current income taxes of $29 million have been provided in the year on the undistributed earnings of certain foreign subsidiaries. Our total income tax provision for these items as at December 31, 2022 is $41 million. Deferred income taxes have not been provided on the undistributed earnings of all other foreign subsidiaries for which we are able to control the timing of the remittance, and it is probable that there will be no remittance in the foreseeable future. These undistributed earnings amounted to $14,569 million as at December 31, 2022. Sources of Deferred Income Tax Assets and Liabilities As at December 31, 2022 As at December 31, 2021 Deferred tax assets Tax loss carry forwards $307 $330 Tax credits — 10 Environmental rehabilitation 205 262 Post-retirement benefit obligations and other employee benefits 31 30 Other working capital 85 68 Other 10 5 $638 $705 Deferred tax liabilities Property, plant and equipment (3,476) (3,556) Inventory (389) (416) Accrued interest payable (1) 3 ($3,228) ($3,264) Classification: Non-current assets $19 $29 Non-current liabilities (3,247) (3,293) ($3,228) ($3,264) Expiry Dates of Tax Losses 2023 2024 2025 2026 2027+ No expiry date Total Non-capital tax losses 1 Australia $— $— $— $— $— $54 $54 Barbados 397 212 218 2 131 — 960 Canada — — 1 1 2,349 — 2,351 Chile — — — — — 979 979 Papua New Guinea — — — — 127 10 137 Saudi Arabia — — — — — 330 330 Tanzania — — — — — 1,199 1,199 United Kingdom — — — — — 117 117 Others 2 2 1 38 2 9 54 $399 $214 $220 $41 $2,609 $2,698 $6,181 1 Represents the gross amount of tax loss carry forwards translated at closing exchange rates at December 31, 2022. The non-capital tax losses include $5,165 million of losses which are not recognized in deferred tax assets. Of these, $399 million expire in 2023, $213 million expire in 2024, $221 million expire in 2025, $41 million expire in 2026, $2,482 million expire in 2027 or later, and $1,809 million have no expiry date. Recognition of Deferred Tax Assets We recognize deferred tax assets taking into account the effects of local tax law. Deferred tax assets are fully recognized when we conclude that sufficient positive evidence exists to demonstrate that it is probable that a deferred tax asset will be realized. The main factors considered are: • Historic and expected future levels of taxable income; • Tax plans that affect whether tax assets can be realized; and • The nature, amount and expected timing of reversal of taxable temporary differences. Levels of future income are mainly affected by: market gold, copper and silver prices; forecasted future costs and expenses to produce gold and copper; quantities of proven and probable gold and copper reserves; market interest rates; and foreign currency exchange rates. If these factors or other circumstances change, we record an adjustment to the recognition of deferred tax assets to reflect our latest assessment of the amount of deferred tax assets that is probable will be realized. Deferred Tax Assets Not Recognized As at December 31, 2022 As at December 31, 2021 Argentina $154 $118 Australia 306 302 Barbados 53 27 Canada 954 966 Chile 1,084 1,059 Côte d'Ivoire 6 6 Mali 9 11 Peru 65 79 Saudi Arabia 65 71 Tanzania 109 105 United Kingdom 22 36 United States 15 — Others 4 3 $2,846 $2,783 Deferred tax assets not recognized relate to: non-capital loss carry forwards of $1,168 million (2021: $1,048 million), capital loss carry forwards with no expiry date of $262 million (2021: $321 million), and other deductible temporary differences with no expiry date of $1,416 million (2021: $1,414 million). Source of Changes in Deferred Tax Balances For the years ended December 31 2022 2021 Temporary differences Property, plant and equipment $80 ($181) Environmental rehabilitation (56) (97) Tax loss carry forwards (23) (127) AMT and other tax credits (10) (3) Inventory 27 48 Other 18 32 $36 ($328) Intraperiod allocation to: Income before income taxes $41 ($345) Income tax payable (2) (2) Other comprehensive (income) loss (5) 19 Other 2 — $36 ($328) Income Tax Related Contingent Liabilities 2022 2021 At January 1 $257 $266 Additions based on uncertain tax positions related to prior years 1 19 Additions based on uncertain tax positions related to the current year 7 — Reductions for tax positions of prior years (45) (28) Reclassifications 1 (160) — At December 31 2 $60 $257 1 Following the full implementation of the Framework Agreement in Tanzania, the agreed payment obligations are shown in current and long-term income tax payables. 2 If reversed, the total amount of $60 million would be recognized as a benefit to income taxes on the income statement, and therefore would impact the reported effective tax rate. Tax Years Still Under Examination Argentina 2010-2011, 2015-2022 Australia 2017-2022 Canada 2015-2022 Chile 2015-2022 Côte d'Ivoire 2020-2022 Democratic Republic of Congo 2021-2022 Dominican Republic 2015-2022 Mali 2017-2022 Papua New Guinea 2006-2022 Peru 2016-2022 Saudi Arabia 2019-2022 Tanzania 2018-2022 United States 2022 Zambia 2018-2022

CAPITAL STOCK

CAPITAL STOCK	12 Months Ended
	Dec. 31, 2022
Capital stock [Abstract]
Capital Stock	Capital Stock Authorized Capital Stock Our authorized capital stock is composed of an unlimited number of common shares (issued 1,755,349,661 common shares as at December 31, 2022). Our common shares have no par value. Dividends In 2022, we declared and paid dividends in US dollars totaling $1,143 million (2021: $634 million). The Company’s dividend reinvestment plan resulted in $5 million (2021: $5 million) reinvested into the Company. Return of Capital At the Annual and Special Meeting on May 4, 2021, shareholders approved a $750 million return of capital distribution. This distribution was derived from a portion of the proceeds from the divestiture of Kalgoorlie Consolidated Gold Mines in November 2019 and from other dispositions made by Barrick and its affiliates in line with our strategy of focusing on our core assets. The total return of capital distribution was paid in three equal tranches of $250 million on June 15, 2021, September 15, 2021 and December 15, 2021. Share Buyback Program At the February 15, 2022 meeting, the Board of Directors authorized a share buyback program for the repurchase of up to $1.0 billion of the Company’s outstanding common shares over the following 12 months. In 2022, Barrick purchased 24.25 million common shares for a total of $424 million before the program was terminated. At the February 14, 2023 meeting, the Board of Directors authorized a new share buyback program for the repurchase of up to $1.0 billion of the Company’s outstanding common shares over the next 12 months. The actual number of common shares that may be purchased, and the timing of any such purchases, will be determined by Barrick based on a number of factors, including the Company’s financial performance, the availability of cash flows, and the consideration of other uses of cash, including capital investment opportunities, returns to shareholders, and debt reduction. The repurchase program does not obligate the Company to acquire any particular number of common shares, and the repurchase program may be suspended or discontinued at any time at the Company’s discretion.

NON-CONTROLLING INTERESTS

NON-CONTROLLING INTERESTS	12 Months Ended
	Dec. 31, 2022
Interests in other entities [Abstract]
Non-Controlling Interests	Non-Controlling Interests a) Non-Controlling Interests (“NCI”) Continuity Nevada Gold Mines Pueblo Viejo Tanzania Mines 1 Loulo-Gounkoto Tongon Reko Diq Other Total NCI in subsidiary at December 31, 2022 38.5 % 40 % 16 % 20 % 10.3 % 50 % Various At January 1, 2021 $5,978 $1,193 $263 $933 $39 $— ($37) $8,369 Share of income 980 174 35 71 6 — — 1,266 Cash contributed — — — — — — 12 12 Increase in non-controlling interest 2 (49) — — — — — (37) (86) Disbursements (848) (178) — (51) (16) — (18) (1,111) At December 31, 2021 $6,061 $1,189 $298 $953 $29 $— ($80) $8,450 Acquisitions 2 — — — — — 329 — 329 Share of income (loss) 633 96 35 (179) — — — 585 Disbursements (626) (157) (12) (35) (16) — — (846) At December 31, 2022 $6,068 $1,128 $321 $739 $13 $329 ($80) $8,518 1 Tanzania mines consist of the two operating mines (North Mara and Bulyanhulu) and Buzwagi which transitioned into closure early in the third quarter of 2021. 2 Refer to note 4 for further details. b) Summarized Financial Information on Subsidiaries with Material Non-Controlling Interests Summarized Balance Sheets Nevada Gold Mines Pueblo Viejo Tanzania Mines 1 Loulo-Gounkoto Tongon As at December 31, 2022 As at December 31, 2021 As at December 31, 2022 As at December 31, 2021 As at December 31, 2022 As at December 31, 2021 As at December 31, 2022 As at December 31, 2021 As at December 31, 2022 As at December 31, 2021 Current assets $2,408 $3,351 $485 $394 $437 $637 $928 $444 $158 $205 Non-current assets 13,863 13,750 5,003 4,724 1,917 1,798 3,602 4,712 165 192 Total assets $16,271 $17,101 $5,488 $5,118 $2,354 $2,435 $4,530 $5,156 $323 $397 Current liabilities 586 561 889 633 800 926 189 141 170 76 Non-current liabilities 1,135 1,244 1,421 1,249 422 526 560 575 46 59 Total liabilities $1,721 $1,805 $2,310 $1,882 $1,222 $1,452 $749 $716 $216 $135 Summarized Statements of Income Nevada Gold Mines Pueblo Viejo Tanzania Mines 1 Loulo-Gounkoto Tongon For the years ended December 31 2022 2021 2022 2021 2022 2021 2022 2021 2022 2021 Revenue $5,573 $6,135 $1,303 $1,514 $1,032 $993 $1,236 $1,249 $356 $368 Income (loss) from continuing operations after tax 3,018 2,246 170 361 210 284 (912) 322 (4) 52 Other comprehensive income 1 9 — — — — — — — — Total comprehensive income (loss) $3,019 $2,255 $170 $361 $210 $284 ($912) $322 ($4) $52 Dividends paid to NCI 2 $626 $848 $60 $48 $3 $— $35 $51 $13 $20 Summarized Statements of Cash Flows Nevada Gold Mines Pueblo Viejo Tanzania Mines 1 Loulo-Gounkoto Tongon For the years ended December 31 2022 2021 2022 2021 2022 2021 2022 2021 2022 2021 Net cash provided by operating activities $2,693 $3,035 $524 $541 $275 $373 $459 $605 $75 $61 Net cash used in investing activities (1,103) (962) (599) (522) (253) (178) (322) (297) (32) (17) Net cash provided by (used in) financing activities (1,631) (2,208) 67 (101) (222) (100) (176) (254) (76) (143) Net increase (decrease) in cash and cash equivalents ($41) ($135) ($8) ($82) ($200) $95 ($39) $54 ($33) ($99) 1 Tanzania mines consist of the two operating mines (North Mara and Bulyanhulu) and Buzwagi which transitioned into closure early in the third quarter of 2021. 2 Includes partner distributions.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2022
Related party transactions [abstract]
Related Party Transactions	Related Party Transactions The Company’s related parties include its subsidiaries, joint operations, joint ventures and key management personnel. During its normal course of operations, the Company enters into transactions with its related parties for goods and services. Transactions between the Company and its subsidiaries and joint operations, which are related parties of the Company, have been eliminated on consolidation and are not disclosed in this note. There were no other material related party transactions reported in the year. Remuneration of Key Management Personnel Key management personnel include the members of the Board of Directors and the executive leadership team. Compensation for key management personnel (including Directors) was as follows: For the years ended December 31 2022 2021 Salaries and short-term employee benefits 1 $33 $36 Post-employment benefits 2 4 6 Share-based payments and other 3 31 25 $68 $67 1 Includes annual salary and annual short-term incentives/other bonuses earned in the year. 2 Represents Company contributions to retirement savings plans. 3 Relates to DSU, RSU, and PGSU grants and other compensation.

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION	12 Months Ended
	Dec. 31, 2022
Share-based payment arrangements [Abstract]
Stock-Based Compensation	Stock-Based Compensation a) Restricted Share Units (RSUs) and Deferred Share Units (DSUs) Compensation expense for RSUs was a $23 million charge to earnings in 2022 (2021: $31 million) and is presented as a component of general and administrative expenses and cost of sales, consistent with the classification of other elements of compensation expense for those employees who had RSUs. Compensation expense for RSUs incorporates an expected forfeiture rate. The expected forfeiture rate is estimated based on historical forfeiture rates and expectations of future forfeiture rates. We make adjustments if the actual forfeiture rate differs from the expected rate. At December 31, 2022, the weighted average remaining contractual life of RSUs was 0.80 years (2021: 0.75 years). DSU and RSU Activity (Number of Units in Thousands) DSUs Fair value RSUs Fair value At January 1, 2021 561 $12.8 2,623 $38.6 Settled for cash — — (1,435) (36.2) Granted 117 2.2 1,300 26.4 Credits for dividends — — 30 0.6 Change in value — (2.4) — 1.6 At December 31, 2021 678 $12.6 2,518 $31.0 Settled for cash — — (1,656) (29.2) Granted 159 2.9 1,406 24.2 Credits for dividends — — 69 1.3 Change in value — (1.1) — (1.0) At December 31, 2022 837 $14.4 2,337 $26.3

CONTINGENCIES

CONTINGENCIES	12 Months Ended
	Dec. 31, 2022
Contingent liabilities [Abstract]
Contingencies	Contingencies Certain conditions may exist as of the date the financial statements are issued that may result in a loss to the Company, but which will only be resolved when one or more future events occur or fail to occur. The impact of any resulting loss from such matters affecting these financial statements and noted below may be material. Litigation and Claims In assessing loss contingencies related to legal proceedings that are pending against us or unasserted claims that may result in such proceedings, the Company with assistance from its legal counsel, evaluates the perceived merits of any legal proceedings or unasserted claims as well as the perceived merits of the amount of relief sought or expected to be sought. Proposed Canadian Securities Class Actions (Pascua-Lama) Proposed securities class actions have been commenced against the Company and four of its former senior executives (Aaron Regent, Jamie Sokalsky, Ammar Al-Joundi and Peter Kinver) in Ontario and Quebec. The proceedings pertain to the Company’s public disclosures concerning the Pascua-Lama Project. In the Ontario litigation, the Plaintiffs have alleged that Barrick made false and misleading statements to the investing public during the period from approximately July 2011 to October 2013 relating to capital cost and schedule estimates for Pascua-Lama, environmental compliance matters in Chile, as well as alleged internal control failures and certain accounting-related matters. The claim for damages is stated to be more than $3 billion. In the Quebec litigation, the Plaintiff has alleged that Barrick made misrepresentations during the period from approximately April 2011 to October 2013 concerning environmental compliance matters in Chile. An unspecified amount of damages is being sought. In both Ontario and Quebec, the proposed representative Plaintiffs brought motions seeking: (i) leave of the Court to proceed with statutory secondary market misrepresentation claims pursuant to provincial securities legislation; and (ii) orders certifying the actions as class actions, and therefore allowing the proposed representative Plaintiffs to pursue statutory secondary market misrepresentation claims and other claims on behalf of the proposed classes. In the Quebec proceeding, the Superior Court of Quebec denied both motions in March 2020. The proposed representative Plaintiff appealed to the Quebec Court of Appeal, which rendered its decision on December 19, 2022. The Court of Appeal allowed the appeal in part. It granted leave to proceed as against the Company, Mr. Sokalsky and Mr. Al-Joundi in respect of a statutory secondary market claim pertaining to a statement concerning the water management system in Chile made by the Company in its Management’s Discussion and Analysis for the second quarter of 2012. The Court also granted class certification in respect of that claim. The Court denied the remainder of the appeal. As a result, as matters currently stand, the proposed representative Plaintiff can pursue a single statutory secondary market misrepresentation claim on behalf of a putative class of shareholders who acquired Barrick shares during the period from July 26, 2012 to October 31, 2013. He cannot pursue any of the other statutory secondary market misrepresentation claims he had purported to assert, and can only pursue his claims pursuant to the primary market provisions of the Quebec Securities Act and the Civil Code of Quebec on an individual basis rather than on behalf of other shareholders. Barrick is considering whether to seek leave to appeal from the decision of the Quebec Court of Appeal to the Supreme Court of Canada. In the Ontario proceeding, the motion for leave to proceed with statutory secondary market misrepresentation claims was originally heard in July 2019. In October 2019, the Ontario Superior Court of Justice dismissed all of those claims except for one. The Court granted leave to proceed as against Barrick, Mr. Sokalsky and Mr. Al-Joundi in respect of a claim pertaining to the same statement in Barrick’s Management’s Discussion and Analysis for the second quarter of 2012 as is referred to above. The Plaintiffs appealed to the Court of Appeal for Ontario. In February 2021, the Court of Appeal allowed the proposed representative plaintiffs’ appeal in part. The Court of Appeal set aside the Superior Court’s decision dismissing statutory secondary market misrepresentation claims pertaining to the Company’s capital cost and scheduling estimates as well as to certain accounting and financial reporting issues, and remitted to the Ontario Superior Court the issue of whether leave to proceed should be granted in respect of those claims. The Court of Appeal upheld the Superior Court’s decision dismissing statutory secondary market misrepresentation claims pertaining to certain environmental matters in Chile. On March 22, 2022, the Ontario Superior Court of Justice rendered its decision concerning the Plaintiffs’ motion for leave to proceed with statutory secondary market misrepresentation claims pertaining to Barrick’s capital cost and schedule estimates for the Pascua-Lama project and various accounting and financial reporting matters. In its decision, the Court denied leave to proceed in respect of all but two of those claims. The Court solicited additional submissions from the parties before deciding whether to grant leave to proceed in respect of the two remaining claims. On July 18, 2022, the Court rendered a supplemental decision granting the Plaintiffs leave to proceed with the two claims in question as against Barrick, Mr. Regent and Mr. Sokalsky. The Company filed a motion with the Ontario Divisional Court for leave to appeal from the decision granting the Plaintiffs leave to proceed with those two claims. That motion was dismissed on November 29, 2022. The Plaintiffs have appealed to the Court of Appeal for Ontario from the decision of the Superior Court to deny leave to proceed in respect of their other statutory secondary market claims. The motion for class certification in Ontario has not yet been heard. The Ontario Superior Court has indicated that it does not intend to hear that motion until after the Plaintiffs’ motion for leave to proceed has been fully determined. The Company intends to vigorously defend the proposed Canadian securities class actions. No amounts have been recorded for any potential liability arising from any of the proposed class actions, as the Company cannot reasonably predict the outcome in either Ontario or Quebec. Pascua-Lama – SMA Regulatory Sanctions In May 2013, Compañía Minera Nevada (“CMN”), Barrick’s Chilean subsidiary that holds the Chilean portion of the Project, received a Resolution (the “Original Resolution”) from Chile’s environmental regulator (the Superintendencia del Medio Ambiente, or “SMA”) that requires CMN to complete the water management system for the Project in accordance with the Project’s environmental permit before resuming construction activities in Chile. The Original Resolution also required CMN to pay an administrative fine of approximately $16 million for deviations from certain requirements of the Project’s Chilean environmental approval, including a series of reporting requirements and instances of non-compliance related to the Project’s water management system. CMN paid the administrative fine in May 2013. In June 2013, CMN began engineering studies to review the Project’s water management system in accordance with the Original Resolution. The studies were suspended in the second half of 2015 as a result of CMN’s decision to file a temporary and partial closure plan for the Project. The review of the Project’s water management system may require a new environmental approval and the construction of additional water management facilities. In June 2013, a group of local farmers and indigenous communities challenged the Original Resolution. The challenge, which was brought in the Environmental Court of Santiago, Chile, claimed that the fine was inadequate and requested more severe sanctions against CMN including the revocation of the Project’s environmental permit. The SMA presented its defense of the Original Resolution in July 2013. On August 2, 2013, CMN joined as a party to this proceeding and vigorously defended the Original Resolution. On March 3, 2014, the Environmental Court annulled the Original Resolution and remanded the matter back to the SMA for further consideration in accordance with its decision (the “Environmental Court Decision”). In particular, the Environmental Court ordered the SMA to issue a new administrative decision that recalculated the amount of the fine to be paid by CMN using a different methodology and addressed certain other errors it identified in the Original Resolution. The Environmental Court did not annul the portion of the Original Resolution that required CMN to halt construction on the Chilean side of the Project until the water management system is completed in accordance with the Project’s environmental permit. On December 30, 2014, the Chilean Supreme Court declined to consider CMN’s appeal of the Environmental Court Decision on procedural grounds. As a result of the Supreme Court’s ruling, on April 22, 2015, the SMA reopened the administrative proceeding against CMN in accordance with the Environmental Court Decision. On April 22, 2015, CMN was notified that the SMA had initiated a new administrative proceeding for alleged deviations from certain requirements of the Project’s environmental approval, including with respect to the Project’s environmental impact and a series of monitoring requirements. In May 2015, CMN submitted a compliance program to address certain of the allegations and presented its defense to the remainder of the alleged deviations. The SMA rejected CMN’s proposed compliance program on June 24, 2015, and denied CMN’s administrative appeal of that decision on July 31, 2015. On December 30, 2016, the Environmental Court rejected CMN’s appeal and CMN declined to challenge this decision. On June 8, 2016, the SMA consolidated the two administrative proceedings against CMN into a single proceeding encompassing both the reconsideration of the Original Resolution in accordance with the decision of the Environmental Court and the alleged deviations from the Project’s environmental approval notified by the SMA in April 2015. On January 17, 2018, CMN received the revised resolution (the “Revised Resolution”) from the SMA, in which the environmental regulator reduced the original administrative fine from approximately $16 million to $11.5 million and ordered the closure of existing surface facilities on the Chilean side of the Project in addition to certain monitoring activities. The Revised Resolution does not revoke the Project’s environmental approval. CMN filed an appeal of the Revised Resolution on February 3, 2018 with the First Environmental Court of Antofagasta (the “Antofagasta Environmental Court”). On October 12, 2018, the Antofagasta Environmental Court issued an administrative ruling ordering review of the significant sanctions ordered by the SMA. CMN was not a party to this process. In its ruling, the Antofagasta Environmental Court rejected four of the five closure orders contained in the Revised Resolution and remanded the related environmental infringements back to the SMA for further consideration. A new resolution from the SMA with respect to the sanctions for these four infringements could include a range of potential sanctions, including additional fines, as provided in the Chilean legislation. The Antofagasta Environmental Court upheld the SMA’s decision to order the closure of the Chilean side of the Project for the fifth infringement. Following the issuance of the Revised Resolution, the Company reversed the estimated amount previously recorded for any additional proposed administrative fines in this matter. In addition, the Company reclassified Pascua-Lama’s proven and probable gold reserves as measured and indicated resources and recorded a pre-tax impairment of $429 million in the fourth quarter of 2017. No additional amounts have been recorded for any potential liability arising from the Antofagasta Environmental Court’s October 12, 2018 ruling and subsequent review by the SMA, as the Company cannot reasonably predict any potential losses and the SMA has not issued any additional proposed administrative fines. On March 14, 2019, the Chilean Supreme Court annulled the October 12, 2018 administrative decision of the Antofagasta Environmental Court on procedural grounds and remanded the case back to the Environmental Court for review by a different panel of judges. The Chilean Supreme Court did not review the merits of the Revised Resolution, which remains in effect. On September 17, 2020, the Antofagasta Environmental Court issued a ruling in which it upheld the closure order and sanctions imposed on CMN by the SMA in the Revised Resolution from January 2018. As part of its ruling, the Environmental Court also ordered the SMA to reevaluate certain environmental infringements contained in the Revised Resolution which may result in the imposition of additional fines against CMN. The Company confirmed that it will not appeal the Environmental Court’s decision, and the Chilean side of the Pascua-Lama project will be transitioned to closure in accordance with that ruling. On October 6, 2020, a group of local farmers challenged the Environmental Court’s decision. The challenge, which was brought before the Chilean Supreme Court, claimed that the fines imposed by the SMA were inadequate and seeks to require the SMA to issue additional and more severe sanctions against CMN. On July 12, 2022, the Chilean Supreme Court rejected that appeal and as a result, the SMA will now determine the appropriate administrative fine to be imposed on CMN with respect to two environmental infringements in accordance with the Environmental Court's decision. No amounts have been recorded for any potential liability arising from this matter, as the Company cannot reasonably predict the amount of the additional administrative fine to be imposed by the SMA. Veladero – Operational Incidents and Associated Proceedings Minera Andina del Sol SRL (formerly, Minera Argentina Gold SRL) (“MAS”), the joint venture company that operates the Veladero mine, is the subject of various regulatory proceedings related to operational incidents at the Veladero Valley Leach Facility (“VLF”) occurring in March 2017 (the “March 2017 incident”), September 2016 (the “September 2016 incident”) and September 2015 (the “September 2015 incident”), and involving the San Juan Provincial mining authority, the Argentine federal government, and certain residents of Jachal, Argentina. Regulatory authorities were notified following the occurrence of each of these incidents, and remediation and/or monitoring activities were undertaken as appropriate. Although the September 2015 incident resulted in the release of cyanide-bearing process solution into a nearby waterway, environmental monitoring conducted by MAS and an independent third party has demonstrated that the incident posed no risk to human health at downstream communities. Monitoring and inspection following the September 2016 incident and remediation and inspection following the March 2017 incidents confirmed that those incidents did not result in any long-term environmental impacts. Regulatory Proceedings and Actions San Juan Provincial Regulatory Proceedings On October 9, 2015, the San Juan Provincial mining authority initiated an administrative sanction process against MAS for alleged violations of the Mining Code relating to the September 2015 incident. MAS was formally notified of the imposition of an administrative fine in connection with the incident on March 15, 2016. MAS sought reconsideration of certain aspects of the decision but paid the administrative fine of approximately $10 million (at the then-applicable Argentine peso to U.S. dollar exchange rate) while the request for reconsideration was pending. After the San Juan government rejected MAS’ administrative appeal of this decision, on September 5, 2017, the Company commenced a legal action to continue challenging certain aspects of the decision before the San Juan courts, which is ongoing. MAS is also the subject of a consolidated provincial regulatory proceeding related to the September 2016 incident and the March 2017 incident. MAS received notice of a resolution on December 27, 2017, from the San Juan Provincial mining authority requiring payment of an administrative fine of approximately $5.6 million (calculated at the prevailing exchange rate on December 31, 2017) for both the September 2016 incident and the March 2017 incident. On January 23, 2018, in accordance with local requirements, MAS paid the administrative fine and filed a request for reconsideration and an appeal with the San Juan Provincial mining authority. MAS was notified in March 2018 that the San Juan Provincial mining authority had rejected the request for reconsideration of the administrative fine. The pending appeal will be heard and decided by the Governor of San Juan. Provincial Amparo Action Following the March 2017 incident, an “amparo” protection action (the “Provincial Amparo Action”) was filed against MAS in the Jachal First Instance Court, San Juan Province (the “Jachal Court”) by individuals who claimed to be living in Jachal, San Juan Province, Argentina, seeking the cessation of all activities at the Veladero mine or, alternatively, a suspension of the mine’s leaching process. On March 30, 2017, the Jachal Court rejected the request for an injunction to cease all activities at the Veladero mine, but ordered, among other things, the suspension of the leaching process. The Jachal Court lifted the leaching process suspension in June 2017. The Jachal Court tried to join this proceeding with the Federal Amparo Action (as defined below), triggering a jurisdictional dispute. On December 26, 2019, the Argentine Supreme Court ruled on the jurisdictional dispute in favor of the Federal Court in connection with the Federal Amparo Action described below, meaning that the Jachal Court has retained jurisdiction over the Provincial Amparo Action and the two amparo actions were not effectively joined. The Provincial Amparo Action case file has not yet been remitted to the Jachal Court by the Supreme Court (see “Federal Amparo Action” below). Federal Amparo Action On April 4, 2017, the National Minister of Environment of Argentina filed an amparo protection action in the Federal Court in connection with the March 2017 incident (the “Federal Amparo Action”) seeking an order requiring the cessation and/or suspension of activities at the Veladero mine. MAS submitted extensive information to the Federal Court about the incident, the then-existing administrative and provincial judicial suspensions, the remedial actions taken by the Company and the lifting of the suspension orders described in the Provincial Amparo Action above, and challenged the jurisdiction of the Federal Court as well as the standing of the National Minister of Environment and requested that the matter be remanded to the Jachal Court. The Province of San Juan also challenged the jurisdiction of the Federal Court in this matter. On December 26, 2019, the Argentine Supreme Court ruled on the jurisdictional dispute in favor of the Federal Court. The Company was notified on October 1, 2020, that the National Ministry of the Environment had petitioned the Federal Court to resume the proceedings following the Supreme Court’s decision that the Federal Court is competent to hear the case. The Federal Court ordered the resumption of the proceedings on February 19, 2021. On October 12, 2022, MAS received notice of the Federal Amparo Action. MAS submitted its response on October 27, 2022. The matter remains pending before the Federal Court. Civil Action On December 15, 2016, MAS was served notice of a civil action filed before the San Juan Provincial Court by certain persons allegedly living in Jachal, San Juan Province, claiming to be affected by the Veladero mine and, in particular, the VLF. The plaintiffs requested a court order that MAS cease leaching metals with cyanide solutions, mercury and other similar substances at the mine and replace that process with one that is free of hazardous substances, implement a closure and remediation plan for the VLF and surrounding areas, and create a committee to monitor this process. These claims were supplemented by new allegations that the risk of environmental damage had increased as a result of the March 2017 incident. MAS replied to the lawsuit in February 2017 and it also responded to the supplemental claim and intends to continue defending this matter vigorously. Criminal Matters Federal Criminal Matters A federal criminal investigation was initiated by a Buenos Aires federal court (the “Federal Court”) based on the alleged failure of certain current and former federal and provincial government officials and individual directors of MAS to prevent the September 2015 incident (the “Federal Investigation”). On May 5, 2016, the National Supreme Court of Argentina limited the scope of the Federal Investigation to the potential criminal liability of the federal officials, ruling that the Federal Court does not have jurisdiction to investigate the solution release. On April 11, 2018, the federal judge indicted three former federal officials, alleging breach of duty in connection with their actions and omissions related to the failure to maintain adequate environmental controls during 2015 and the case was sent to trial. The proceeding poses no risk of conviction or liability for any of the directors of MAS. Glacier Investigation On October 17, 2016, a separate criminal investigation was initiated by the federal judge overseeing the Federal Investigation based on the alleged failure of federal officials to regulate the Veladero mine under Argentina’s glacier legislation (the “Glacier Investigation”) with regard to the September 2015 incident. On June 16, 2017, MAS submitted a motion to challenge the federal judge’s decision to assign the Glacier Investigation to himself, and to request that it be admitted as a party in order to present evidence supporting MAS. On September 14, 2017, the Federal Court of Appeals ordered the federal judge to consolidate the two investigations and clarified that MAS is not a party to the case and therefore does not have standing to seek the recusal of the federal judge, but nonetheless recognized MAS’ right to continue to participate in the case (without clarifying the scope of those rights). On November 27, 2017, the federal judge indicted four former federal officials, alleging abuse of authority in connection with their actions and omissions related to the enforcement of Argentina’s glacier legislation. The Court of Appeals confirmed the indictments and on August 6, 2018, the case was assigned to a federal trial judge. In total, six former federal officials were indicted under the Federal Investigation and the Glacier Investigation and will face trial. In 2019, one of the former federal officials, who was indicted on separate charges under both investigations, passed away and charges against him were dropped. Due to the Argentine response to Covid-19 and a procedural challenge by one of the former federal officials, the oral arguments originally scheduled for April and May 2020 in this matter have been postponed and have not yet been rescheduled. Veladero – Tax Assessment and Criminal Charges On December 26, 2017, MAS received notice of a tax assessment (the “Tax Assessment”) for 2010 and 2011, amounting to ARS 543 million (approximately $3.1 million at the prevailing exchange rate at December 31, 2022), plus interest and fines. The Tax Assessment primarily claims that certain deductions made by MAS were not properly characterized, including that (i) the interest and foreign exchange on loans borrowed between 2002 and 2006 to fund Veladero’s construction should have been classified as equity contributions, and (ii) fees paid for intercompany services were not for services related to the operation of the Veladero mine. On June 21, 2018, the Argentinean Federal Tax Authority (“AFIP”) confirmed the Tax Assessment, which MAS appealed to the Federal Tax Court on July 31, 2018. A hearing for the appeal has not yet been scheduled. The Company filed Mutual Agreement Procedure applications in Canada on December 21, 2018, and in Argentina on March 29, 2019, pursuant to the Canada-Argentina Income Tax Convention Act (the “Canada-Argentina Tax Treaty”) to escalate resolution of the Tax Assessment to the competent authority (as defined in the Canada-Argentina Tax Treaty) in an effort to seek efficient resolution of the matter. In November 2018, MAS received notice that AFIP filed criminal charges against current and former employees serving on its board of directors when the 2010 and 2011 tax returns were filed (the “Criminal Tax Case”). Hearings for the Criminal Tax Case were held between March 25 and March 27, 2019. The defendants filed a motion to dismiss based on the statute of limitations, which was granted in part and appealed by the prosecution. On June 2, 2021, the trial court issued a decision dismissing the Criminal Tax Case against the directors. AFIP appealed and on September 24, 2021, the Mendoza Federal Court of Appeals partially reversed the trial court’s decision, ruling that there was insufficient evidence to either indict the directors or dismiss the case against them, and ordering additional investigation by the trial court. The Criminal Tax Case was remanded to the trial court in accordance with the decision of the Mendoza Federal Court of Appeals, and the trial court has ordered additional evidence to be prepared by the court-appointed expert. On February 4, 2022, the Argentine Minister of Economy, the competent authority in this matter, issued a decision denying the application of the Canada-Argentina Tax Treaty to the Tax Assessment. MAS appealed this decision on February 18, 2022. Separately, on April 12, 2022, the trial court issued a ruling dismissing the criminal charges against the MAS directors in the Criminal Tax Case. AFIP appealed this ruling to the Court of Appeals. On November 7, 2022, the Court of Appeals affirmed the dismissal of the charges. AFIP challenged this decision before the Court of Cassation, Argentina’s highest federal criminal court below the National Supreme Court, which granted leave to appeal on December 29, 2022. The matter is currently pending before the Court of Cassation. MAS’s July 2018 appeal of the Tax Assessment remains pending before the Federal Tax Court. The Company believes that the Tax Assessment and the Criminal Tax Case are without merit and intends to defend the proceedings vigorously. Perilla Complaint In 2009, Barrick Gold Inc. and Placer Dome Inc. were purportedly served in Ontario with a complaint filed in November 2008 in the Regional Trial Court of Boac (the “Court”), on the Philippine island of Marinduque, on behalf of two named individuals and purportedly on behalf of the approximately 200,000 residents of Marinduque. The complaint alleges injury to the economy and the ecology of Marinduque as a result of the discharge of mine tailings from the Marcopper mine into Calancan Bay, the Boac River, and the Mogpog River. Placer Dome Inc., which was acquired by the Company in 2006, had been a minority indirect shareholder of the Marcopper mine. The plaintiffs are claiming for abatement of a public nuisance allegedly caused by the tailings discharge and for nominal damages for an alleged violation of their constitutional right to a balanced and healthful ecology. In June 2010, Barrick Gold Inc. and Placer Dome Inc. filed a motion to have the Court resolve their unresolved motions to dismiss before considering the plaintiffs' motion to admit an amended complaint and also filed an opposition to the plaintiffs' motion to admit on the same basis. By Order dated November 9, 2011, the Court granted a motion to suspend the proceedings filed by the plaintiffs. To date, neither the plaintiffs nor the Company have advised the Court of an intention to resume the proceedings and the matter has been inactive since November 2011. The Company intends to defend the action vigorously. No amounts have been recorded for any potential liability under this complaint, as the Company cannot reasonably predict the outcome. Writ of Kalikasan In April 2010, the Supreme Court in the Republic of the Philippines adopted new Rules of Procedure for Environmental Cases (the “Environmental Rules”). The Environmental Rules purport to create a new special civil action or remedy called a “Writ of Kalikasan” available to persons whose constitutional right to a balanced and healthful ecology is violated, or threatened with violation. The remedies available under this procedure are in the nature of injunctive orders preventing continued harm to the environment and orders for rehabilitation or remediation of the environment. Damages are not an available remedy under this procedure. On February 25, 2011, a Petition for the Issuance of a Writ of Kalikasan with Prayer for Temporary Environmental Protection Order was filed in the Supreme Court of the Republic of the Philippines by Eliza M. Hernandez, Mamerto M. Lanete and Godofredo L. Manoy against Placer Dome Inc. (“Placer Dome”) and the Company (the “Petition”). The Petition was subsequently transferred to the Court of Appeals. The Petition alleges that Placer Dome violated the Petitioners' constitutional right to a balanced and healthful ecology as a result of, amongst other things, the discharge of tailings into Calancan Bay, the 1993 Maguila-Guila dam breach, the 1996 Boac river tailings spill and the failure of Marcopper Mining Corporation (“Marcopper”) to properly decommission the Marcopper mine. Placer Dome was a minority indirect shareholder of Marcopper at all relevant times. The Petitioners have pleaded that Barrick is liable for the alleged actions and omissions of Placer Dome and are seeking orders requiring Barrick to environmentally remediate the areas in and around the mine site that are alleged to have sustained environmental impacts. On April 4, 2011, the Company filed its Return Ad Cautelam (or defence pleading) seeking the dismissal of the Petition with prejudice. Barrick also filed extensive affidavit evidence as required by the Environmental Rules. Placer Dome adopted the Company’s defence as its own. All appearances by the Company or Placer Dome in the Supreme Court and the Court of Appeals in this matter have been by way of special and limited appearance and without submitting themselves to the jurisdiction of either Court. The Company filed a motion in March 2011 challenging the constitutionality of the Environmental Rules and the jurisdiction of the Court. On October 18, 2019, the Court of Appeals decided the motion and rejected the Company’s constitutional objections. The Court also held that it has jurisdiction based on a “tentative” determination that the Company was doing business in the Philippines made exclusively on the basis of unproved allegations made by the Petitioners in the Petition, which “tentative” determination expressly does not foreclose the possibility of a contrary finding on the basis of evidence at a later date. In November 2011, the case was suspended to permit the parties to explore the possibility of a settlement. Settlement discussions ended unsuccessfully in early 2014, but the proceedings were not re-activated until March 2019 when the Court of Appeals granted the Petitioners’ motion and lifted the order suspending the proceedings. In December 2019, depositions of all of the Company’s witnesses were conducted. Petitioners’ counsel did not appear at these depositions or conduct any cross-examination of the Company’s witnesses. These transcripts now form part of the evidence in the Court record for the merits hearing and the Petitioners have foregone the opportunity to cross-examine the Company’s witnesses. Since fall 2019, the Petitioners have taken numerous steps to attempt to file additional evidence and to seek to expand the case beyond the scope of the matters pleaded in the Petition, including to alleged maintenance and structural integrity issues of Marcopper mine infrastructure. On October 27, 2020, the Province of Marinduque (the “Province”) filed a Motion for Leave to Intervene and a Petition-in-Intervention (the “Intervention Mo

MATERIAL ACCOUNTING POLICY IN_2

MATERIAL ACCOUNTING POLICY INFORMATION (Policies)	12 Months Ended
	Dec. 31, 2022
Material accounting policy information [Abstract]
Statement of Compliance	Statement of ComplianceThese consolidated financial statements have been prepared in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board (“IASB”). Accounting policies are consistently applied to all years presented, unless otherwise stated. These consolidated financial statements were approved for issuance by the Board of Directors on February 14, 2023.
Description of accounting policy for subsidiaries	Basis of PreparationThese consolidated financial statements include the accounts of Barrick, its subsidiaries, its share of joint operations (“JO”) and its equity share of joint ventures (“JV”). For non wholly-owned, controlled subsidiaries, profit or loss for the period that is attributable to non-controlling interests is typically calculated based on the ownership of the minority shareholders in the subsidiary.
Business Combinations	Business CombinationsOn the acquisition of a business, the acquisition method of accounting is used.
Foreign Currency Translation	Foreign Currency Translation The functional currency of all of our operations is the US dollar. We translate non-US dollar balances for these operations into US dollars as follows: ▪ Property, plant and equipment (“PP&E”), intangible assets and equity method investments using the rates at the time of acquisition; ▪ Fair value through other comprehensive income (“FVOCI”) equity investments using the closing exchange rate as at the balance sheet date with translation gains and losses permanently recorded in Other Comprehensive Income (“OCI”); ▪ Deferred tax assets and liabilities using the closing exchange rate as at the balance sheet date with translation gains and losses recorded in income tax expense; ▪ Other assets and liabilities using the closing exchange rate as at the balance sheet date with translation gains and losses recorded in other income/expense; and ▪ Income and expenses using the average exchange rate for the period, except for expenses that relate to non-monetary assets and liabilities measured at historical rates, which are translated using the same historical rate as the associated non-monetary assets and liabilities.
Revenue Recognition	Revenue Recognition We sell our production in the world market through the following distribution channels: gold bullion is sold in the gold spot market, to independent refineries or to our non-controlling interest holders; and gold and copper concentrate is sold to independent smelting or trading companies. Gold Bullion Sales Gold bullion is sold primarily in the London spot market. The sale price is fixed on the date of sale based on the gold spot price. Generally, we record revenue from gold bullion sales at the time of physical delivery, which is also the date that title to the gold passes. Concentrate Sales Under the terms of concentrate sales contracts with independent smelting companies, gold and copper sales prices are provisionally set on a specified future date after shipment based on market prices. We record revenues under these contracts at the time of shipment, which is also when the risk and rewards of ownership pass to the smelting companies, using forward market gold and copper prices on the expected date that final sales prices will be determined. Variations between the price recorded at the shipment date and the actual final price set under the smelting contracts are caused by changes in market gold and copper prices, which result in the existence of an embedded derivative in accounts receivable. The embedded derivative is recorded at fair value each period until final settlement occurs, with changes in fair value classified as provisional price adjustments and included in revenue in the consolidated statement of income and presented separately in note 6 of these consolidated financial statements. Streaming Arrangements
Exploration and Evaluation	Exploration and Evaluation Exploration expenditures are the costs incurred in the initial search for mineral deposits with economic potential or in the process of obtaining more information about existing mineral deposits. Exploration expenditures typically include costs associated with prospecting, sampling, mapping, diamond drilling and other work involved in searching for ore. Evaluation expenditures are the costs incurred to establish the technical and commercial viability of developing mineral deposits identified through exploration activities or by acquisition. Evaluation expenditures include the cost of; (i) establishing the volume and grade of deposits through drilling of core samples, trenching and sampling activities in an ore body that is classified as either a mineral resource or a proven and probable reserve; (ii) determining the optimal methods of extraction and metallurgical and treatment processes; (iii) studies related to surveying, transportation and infrastructure requirements; (iv) permitting activities; and (v) economic evaluations to determine whether development of the mineralized material is commercially justified, including scoping, pre-feasibility and final feasibility studies. Exploration and evaluation expenditures are expensed as incurred unless management determines that probable future economic benefits will be generated as a result of the expenditures. Once the technical feasibility and commercial viability of a program or project has been demonstrated with a pre-feasibility study, and we have recognized reserves in accordance with the Canadian Securities Administrators’ National Instrument 43-101 - Standards of Disclosure for Mineral Projects , we account for future expenditures incurred in the development of that program or project in accordance with our policy for Property, Plant and Equipment, as described in note 2l.
Production Stage	Production Stage A mine that is under construction is determined to enter the production stage when the project is in the location and condition necessary for it to be capable of operating in the manner intended by management. We use the following factors to assess whether these criteria have been met: (1) the level of capital expenditures compared to construction cost estimates; (2) the completion of a reasonable period of commissioning and testing of mine plant and equipment; (3) the ability to produce minerals in saleable form (within specifications); and (4) the ability to sustain ongoing production of minerals. When a mine construction project moves into the production stage, the capitalization of certain mine construction costs ceases and costs are either capitalized to inventory or expensed, except for capitalizable costs related to property, plant and equipment additions or improvements, open pit stripping activities that provide a future benefit, underground mine development or expenditures that meet the criteria for capitalization in accordance with IAS 16 Property, Plant and Equipment.
Taxation	Taxation Current tax for each taxable entity is based on the local taxable income at the local statutory tax rate enacted or substantively enacted at the balance sheet date and includes adjustments to tax payable or recoverable in respect of previous periods. Deferred tax is recognized using the balance sheet method in respect of all temporary differences between the tax bases of assets and liabilities, and their carrying amounts for financial reporting purposes, except as indicated below. Deferred income tax liabilities are recognized for all taxable temporary differences, except: • Where the deferred income tax liability arises from the initial recognition of goodwill, or the initial recognition of an asset or liability in an acquisition that is not a business combination and, at the time of the acquisition, affects neither the accounting profit nor taxable profit or loss; and • In respect of taxable temporary differences associated with investments in subsidiaries and interests in joint arrangements, where the timing of the reversal of the temporary differences can be controlled and it is probable that the temporary differences will not reverse in the foreseeable future. Deferred income tax assets are recognized for all deductible temporary differences and the carry forward of unused tax assets and unused tax losses, to the extent that it is probable that taxable profit will be available against which the deductible temporary differences and the carry forward of unused tax assets and unused tax losses can be utilized, except: • Where the deferred income tax asset relating to the deductible temporary difference arises from the initial recognition of an asset or liability in an acquisition that is not a business combination and, at the time of the acquisition, affects neither the accounting profit nor taxable profit or loss; and • In respect of deductible temporary differences associated with investments in subsidiaries and interests in joint arrangements, deferred tax assets are recognized only to the extent that it is probable that the temporary differences will reverse in the foreseeable future and taxable profit will be available against which the temporary differences can be utilized. The carrying amount of deferred income tax assets is reviewed at each balance sheet date and reduced to the extent that it is no longer probable that sufficient taxable profit will be available to allow all or part of the deferred income tax asset to be utilized. To the extent that an asset not previously recognized fulfills the criteria for recognition, a deferred income tax asset is recorded. Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which the asset is realized or the liability is settled, based on tax rates and tax laws enacted or substantively enacted at the balance sheet date. Current and deferred tax relating to items recognized directly in equity are recognized in equity and not in the income statement. The Company is subject to assessments by various taxation authorities, who may interpret tax legislation differently than the Company. Tax liabilities for uncertain tax positions are adjusted by the Company to reflect its best estimate of the probable outcome of assessments and in light of changing facts and circumstances, such as the completion of a tax audit, expiration of a statute of limitations, the refinement of an estimate, and interest accruals associated with the uncertain tax positions until they are resolved. Some of these adjustments require significant judgment in estimating the timing and amount of any additional tax expense. Royalties and Special Mining Taxes Income tax expense includes the cost of royalties and special mining taxes payable to governments that are calculated based on a percentage of taxable profit whereby taxable profit represents net income adjusted for certain items defined in the applicable legislation. Indirect Taxes Indirect tax recoverable is recorded at its undiscounted amount, and is disclosed as non-current if not expected to be recovered within twelve months.
Deferred Taxes	Deferred tax is recognized using the balance sheet method in respect of all temporary differences between the tax bases of assets and liabilities, and their carrying amounts for financial reporting purposes, except as indicated below. Deferred income tax liabilities are recognized for all taxable temporary differences, except: • Where the deferred income tax liability arises from the initial recognition of goodwill, or the initial recognition of an asset or liability in an acquisition that is not a business combination and, at the time of the acquisition, affects neither the accounting profit nor taxable profit or loss; and • In respect of taxable temporary differences associated with investments in subsidiaries and interests in joint arrangements, where the timing of the reversal of the temporary differences can be controlled and it is probable that the temporary differences will not reverse in the foreseeable future. Deferred income tax assets are recognized for all deductible temporary differences and the carry forward of unused tax assets and unused tax losses, to the extent that it is probable that taxable profit will be available against which the deductible temporary differences and the carry forward of unused tax assets and unused tax losses can be utilized, except: • Where the deferred income tax asset relating to the deductible temporary difference arises from the initial recognition of an asset or liability in an acquisition that is not a business combination and, at the time of the acquisition, affects neither the accounting profit nor taxable profit or loss; and • In respect of deductible temporary differences associated with investments in subsidiaries and interests in joint arrangements, deferred tax assets are recognized only to the extent that it is probable that the temporary differences will reverse in the foreseeable future and taxable profit will be available against which the temporary differences can be utilized. The carrying amount of deferred income tax assets is reviewed at each balance sheet date and reduced to the extent that it is no longer probable that sufficient taxable profit will be available to allow all or part of the deferred income tax asset to be utilized. To the extent that an asset not previously recognized fulfills the criteria for recognition, a deferred income tax asset is recorded.
Indirect Taxes	Royalties and Special Mining Taxes Income tax expense includes the cost of royalties and special mining taxes payable to governments that are calculated based on a percentage of taxable profit whereby taxable profit represents net income adjusted for certain items defined in the applicable legislation. Indirect Taxes Indirect tax recoverable is recorded at its undiscounted amount, and is disclosed as non-current if not expected to be recovered within twelve months.
Other Investments	Other Investments Investments in publicly quoted equity securities that are neither subsidiaries nor associates are categorized as FVOCI pursuant to the irrevocable election available in IFRS 9 for these instruments. FVOCI equity investments are recorded at fair value with all realized and unrealized gains and losses recorded permanently in OCI. Warrant investments are classified as fair value through profit or loss (“FVPL”).
Inventory	Inventory Material extracted from our mines is classified as either ore or waste. Ore represents material that, at the time of extraction, we expect to process into a saleable form and sell at a profit. Raw materials are comprised of both ore in stockpiles and ore on leach pads as processing is required to extract benefit from the ore. Ore is accumulated in stockpiles that are subsequently processed into gold/copper in a saleable form. The recovery of gold and copper from certain oxide ores is achieved through the heap leaching process. Work in process represents gold/copper in the processing circuit that has not completed the production process, and is not yet in a saleable form. Finished goods inventory represents gold/copper in saleable form. Metal inventories are valued at the lower of cost and net realizable value. Cost is determined on a weighted average basis and includes all costs incurred, based on a normal production capacity, in bringing each product to its present location and condition. Cost of inventories comprises: direct labor, materials and contractor expenses, including non-capitalized stripping costs; depreciation on PP&E including capitalized stripping costs; and an allocation of general and administrative costs. As ore is removed for processing, costs are removed based on the average cost per ounce/pound in the stockpile. Net realizable value is determined with reference to relevant market prices less applicable variable selling and downstream processing costs. Inventory provisions are reversed to reflect subsequent improvements in net realizable value where the inventory is still on hand.
Royalties	Royalties Certain of our properties are subject to royalty arrangements based on mineral production at the properties. The primary type of royalty is a net smelter return (“NSR”) royalty. Under this type of royalty we pay the holder an amount calculated as the royalty percentage multiplied by the value of gold production at market gold prices less third-party smelting, refining and transportation costs. Royalty expense is recorded on completion of the production or sales process in cost of sales. Other types of royalties include: • Net profits interest (“NPI”) royalty to a party other than a government, • Modified NSR royalty, • Net smelter return sliding scale (“NSRSS”) royalty, • Gross proceeds sliding scale (“GPSS”) royalty, • Gross smelter return (“GSR”) royalty, • Net value (“NV”) royalty, • Land tenement (“LT”) royalty, and a • Gold revenue royalty.
Property, Plant and Equipment	Property, Plant and Equipment Estimated useful lives of Major Asset Categories Buildings, plant and equipment 1 - 38 years Underground mobile equipment 3 - 7 years Light vehicles and other mobile equipment 1 - 7 years Furniture, computer and office equipment 1 - 7 years Buildings, Plant and Equipment At acquisition, we record buildings, plant and equipment at cost, including all expenditures incurred to prepare an asset for its intended use. These expenditures consist of: the purchase price; brokers’ commissions; and installation costs including architectural, design and engineering fees, legal fees, survey costs, site preparation costs, freight charges, transportation insurance costs, duties, testing and preparation charges. Buildings, plant and equipment are depreciated on a straight-line basis over their expected useful life, which commences when the assets are considered available for use. Once buildings, plant and equipment are considered available for use, they are measured at cost less accumulated depreciation and applicable impairment losses. Depreciation on equipment utilized in the development of assets, including open pit and underground mine development, is recapitalized as development costs attributable to the related asset.
Mineral Properties	Mineral Properties Mineral properties consist of: the fair value attributable to mineral reserves and resources acquired in a business combination or asset acquisition; underground mine development costs; open pit mine development costs; capitalized exploration and evaluation costs; and capitalized interest. In addition, we incur project costs which are generally capitalized when the expenditures result in a future benefit. i) Acquired Mining Properties On acquisition of a mining property, we prepare an estimate of the fair value attributable to the proven and probable mineral reserves, mineral resources and exploration potential attributable to the property. The estimated fair value attributable to the mineral reserves and the portion of mineral resources considered to be probable of economic extraction at the time of the acquisition is depreciated on a units of production (“UOP”) basis whereby the denominator is the proven and probable reserves and the portion of mineral resources considered to be probable of economic extraction based on the current life of mine (“LOM”) plan that benefit from the development and are considered probable of economic extraction. The estimated fair value attributable to mineral resources that are not considered to be probable of economic extraction at the time of the acquisition is not subject to depreciation until the resources become probable of economic extraction in the future. The estimated fair value attributable to exploration licenses is recorded as an intangible asset and is not subject to depreciation until the property enters production. ii) Underground Mine Development Costs At our underground mines, we incur development costs to build new shafts, drifts and ramps that will enable us to physically access ore underground. The time over which we will continue to incur these costs depends on the mine life. These underground development costs are capitalized as incurred. Capitalized underground development costs are depreciated on a UOP basis, whereby the denominator is the estimated ounces/pounds of gold/copper in proven and probable reserves and the portion of resources considered probable of economic extraction based on the current LOM plan that benefit from the development and are considered probable of economic extraction. iii) Open Pit Mine Development Costs In open pit mining operations, it is necessary to remove overburden and other waste materials to access ore from which minerals can be extracted economically. The process of mining overburden and waste materials is referred to as stripping. Stripping costs incurred in order to provide initial access to the ore body (referred to as pre-production stripping) are capitalized as open pit mine development costs. Pre-production stripping costs are capitalized until an “other than de minimis” level of mineral is extracted, after which time such costs are either capitalized to inventory or, if it qualifies as an open pit stripping activity that provides a future benefit, to PP&E. We consider various relevant criteria to assess when an “other than de minimis” level of mineral is produced. Some of the criteria considered would include, but are not limited to, the following: (1) the amount of minerals mined versus total ounces in ore expected over the LOM; (2) the amount of ore tonnes mined versus total LOM expected ore tonnes mined; (3) the current stripping ratio versus the strip ratio expected over the LOM; and (4) the ore grade mined versus the grade expected over the LOM. Stripping costs incurred during the production stage of an open pit are accounted for as costs of the inventory produced during the period that the stripping costs are incurred, unless these costs are expected to provide a future economic benefit to an identifiable component of the ore body. Components of the ore body are based on the distinct development phases identified by the mine planning engineers when determining the optimal development plan for the open pit. Production phase stripping costs generate a future economic benefit when the related stripping activity: (1) improves access to a component of the ore body to be mined in the future; (2) increases the fair value of the mine (or open pit) as access to future mineral reserves becomes less costly; and (3) increases the productive capacity or extends the productive life of the mine (or open pit). Production phase stripping costs that are expected to generate a future economic benefit are capitalized as open pit mine development costs. Capitalized open pit mine development costs are depreciated on a UOP basis whereby the denominator is the estimated ounces/pounds of gold/copper in proven and probable reserves and the portion of resources considered
Construction in Progress	Production Stage A mine that is under construction is determined to enter the production stage when the project is in the location and condition necessary for it to be capable of operating in the manner intended by management. We use the following factors to assess whether these criteria have been met: (1) the level of capital expenditures compared to construction cost estimates; (2) the completion of a reasonable period of commissioning and testing of mine plant and equipment; (3) the ability to produce minerals in saleable form (within specifications); and (4) the ability to sustain ongoing production of minerals. When a mine construction project moves into the production stage, the capitalization of certain mine construction costs ceases and costs are either capitalized to inventory or expensed, except for capitalizable costs related to property, plant and equipment additions or improvements, open pit stripping activities that provide a future benefit, underground mine development or expenditures that meet the criteria for capitalization in accordance with IAS 16 Property, Plant and Equipment.
Capitalized Interest	Capitalized InterestWe capitalize interest costs for qualifying assets. Qualifying assets are assets that require a significant amount of time to prepare for their intended use, including projects that are in the exploration and evaluation, development or construction stages. Qualifying assets also include significant expansion projects at our operating mines. Capitalized interest costs are considered an element of the cost of the qualifying asset which is determined based on gross expenditures incurred on an asset. Capitalization ceases when the asset is substantially complete or if active development is suspended or ceases. Where the funds used to finance a qualifying asset form part of general borrowings, the amount capitalized is calculated using a weighted average of rates applicable to the relevant borrowings during the period. Where funds borrowed are directly attributable to a qualifying asset, the amount capitalized represents the borrowing costs specific to those borrowings. Where surplus funds available out of money borrowed specifically to finance a project are temporarily invested, the total capitalized interest is reduced by income generated from short-term investments of such funds.
Impairment (and Reversals of Impairment) of Non-Current Assets	m) Impairment (and Reversals of Impairment) of Non-Current Assets We review and test the carrying amounts of PP&E and intangible assets with finite lives when an indicator of impairment is considered to exist. Impairment assessments on PP&E and intangible assets are conducted at the level of the cash generating unit (“CGU”), which is the lowest level for which identifiable cash flows are largely independent of the cash flows of other assets and includes liabilities specific to the CGU. For operating mines and projects, the individual mine/project represents a CGU for impairment testing. The recoverable amount of a CGU is the higher of Value in Use (“VIU”) and Fair Value Less Costs of Disposal (“FVLCD”). We have determined that the FVLCD is greater than the VIU amounts and is therefore used as the recoverable amount for impairment testing purposes. An impairment loss is recognized for any excess of the carrying amount of a CGU over its recoverable amount where both the recoverable amount and carrying value include the associated other assets and liabilities, including taxes where applicable, of the CGU. Where it is not appropriate to allocate the loss to a separate asset, an impairment loss related to a CGU is allocated to the carrying amount of the assets of the CGU on a pro rata basis based on the carrying amount of its non-monetary assets. Impairment Reversal
Intangible Assets	Intangible Assets On acquisition of a mineral property in the exploration stage, we prepare an estimate of the fair value attributable to the exploration licenses acquired, including the fair value attributable to mineral resources, if any, of that property. The fair value of the exploration license is recorded as an intangible asset (acquired exploration potential) as at the date of acquisition. When an exploration stage property moves into development, the acquired exploration potential attributable to that property is transferred to mining interests within PP&E. We also have water rights associated with our mineral properties. Upon acquisition, they are measured at initial cost and are depreciated when they are being used. They are also subject to impairment testing when an indicator of impairment is considered to exist.
Goodwill	GoodwillGoodwill is tested for impairment in the fourth quarter and also when there is an indicator of impairment. At the date of acquisition, goodwill is assigned to the CGU or group of CGUs that is expected to benefit from the synergies of the business combination. For the purposes of impairment testing, goodwill is allocated to the Company’s operating segments, which are our individual minesites, and corresponds to the level at which goodwill is internally monitored by the Chief Operating Decision Maker (“CODM”). Goodwill impairment charges are not reversible.
Debt	DebtDebt is recognized initially at fair value, net of financing costs incurred, and subsequently measured at amortized cost. Any difference between the amounts originally received and the redemption value of the debt is recognized in the consolidated statements of income over the period to maturity using the effective interest method.
Environmental Rehabilitation Provision	Environmental Rehabilitation ProvisionMining, extraction and processing activities normally give rise to obligations for environmental rehabilitation. Rehabilitation work can include facility decommissioning and dismantling; removal or treatment of waste materials; site and land rehabilitation, including compliance with and monitoring of environmental regulations; security and other site-related costs required to perform the rehabilitation work; and operation of equipment designed to reduce or eliminate environmental effects. The extent of work required and the associated costs are dependent on the requirements of relevant authorities and our environmental policies. Routine operating costs that may impact the ultimate closure and rehabilitation activities, such as waste material handling conducted as an integral part of a mining or production process, are not included in the provision. Abnormal costs arising from unforeseen circumstances, such as the contamination caused by unplanned discharges, are recognized as an expense and liability when the event that gives rise to an obligation occurs and reliable estimates of the required rehabilitation costs can be made. Provisions for the cost of each rehabilitation program are normally recognized at the time that an environmental disturbance occurs or a new legal or constructive obligation is determined. When the extent of disturbance increases over the life of an operation, the provision is increased accordingly. The major parts of the carrying amount of provisions relate to closure/rehabilitation of tailings facilities, heap leach pads and waste dumps; demolition of buildings/mine facilities; ongoing water treatment; and ongoing care and maintenance and security of closed mines. Costs included in the provision encompass all closure and rehabilitation activity expected to occur progressively over the life of the operation at the time of closure and post-closure in connection with disturbances as at the reporting date. Estimated costs included in the determination of the provision reflect the risks and probabilities of alternative estimates of cash flows required to settle the obligation at each particular operation. The expected rehabilitation costs are estimated based on the cost of external contractors performing the work or the cost of performing the work internally depending on management’s intention. The timing of the actual rehabilitation expenditure is dependent upon a number of factors such as the life and nature of the asset, the operating license conditions and the environment in which the mine operates. Expenditures may occur before and after closure and can continue for an extended period of time depending on rehabilitation requirements. Rehabilitation provisions are measured at the expected value of future cash flows, which exclude the effect of inflation, discounted to their present value using a current US dollar real risk-free pre-tax discount rate. The unwinding of the discount, referred to as accretion expense, is included in finance costs and results in an increase in the amount of the provision. Provisions are updated each reporting period for changes to expected cash flows and for the effect of changes in the discount rate, and the change in estimate is added or deducted from the related asset and depreciated over the expected economic life of the operation to which it relates. Significant judgments and estimates are involved in forming expectations of future activities, the amount and timing of the associated cash flows and the period over which we estimate those cash flows. Those expectations are formed based on existing environmental and regulatory requirements or, if more stringent, our environmental policies which give rise to a constructive obligation. When provisions for closure and rehabilitation are initially recognized, the corresponding cost is capitalized as an asset, representing part of the cost of acquiring the future economic benefits of the operation. The capitalized cost of closure and rehabilitation activities is recognized in PP&E and depreciated over the expected economic life of the operation to which it relates. Adjustments to the estimated amount and timing of future closure and rehabilitation cash flows are a normal occurrence in light of the significant judgments and estimates involved. The principal factors that can cause expected cash flows to change are: the construction of new processing facilities; changes in the quantities of material in reserves and resources with a corresponding change in the life of mine plan; changing ore characteristics that impact required environmental protection measures and related costs; changes in water quality or volumes that impact the extent of water treatment required; changes in discount rates; changes in foreign exchange rates; changes in Barrick’s closure policies; and changes in laws and regulations governing the protection of the environment. Rehabilitation provisions are adjusted as a result of changes in estimates and assumptions. Those adjustments are accounted for as a change in the corresponding cost of the related assets, including the related mineral property, except where a reduction in the provision is greater than the remaining net book value of the related assets, in which case the value is reduced to nil and the remaining adjustment is recognized in the consolidated statements of income. In the case of closed sites, changes in estimates and assumptions are recognized immediately in the consolidated statements of income. For an operating mine, the adjusted carrying amount of the related asset is depreciated prospectively. Adjustments also result in changes to future finance costs. Provisions are discounted to their present value using a current US dollar real risk-free pre-tax discount rate and the accretion expense is included in finance costs.
Stock-Based Compensation	Stock-Based Compensation We recognize the expense related to these plans over the vesting period, beginning once the grant has been approved and announced to the beneficiaries. Barrick offers cash-settled (Restricted Share Units (“RSU”), Deferred Share Units (“DSU”) and Performance Granted Share Units (“PGSU”)) awards to certain employees, officers and directors of the Company. Restricted Share Units Under our Long-Term Incentive Plan, selected employees are granted RSUs where each RSU has a value equal to one Barrick common share. RSUs generally vest within three A liability for RSUs is measured at fair value on the grant date and is subsequently adjusted for changes in fair value. The liability is recognized on a straight-line basis over the vesting period, with a corresponding charge to compensation expense, as a component of general and administrative expenses and cost of sales. Compensation expenses for RSUs incorporate an estimate for expected forfeiture rates based on which the fair value is adjusted. Deferred Share Units Under our DSU plan, Directors must receive at least 63.6% of their basic annual retainer in the form of DSUs or cash to purchase common shares that cannot be sold, transferred or otherwise disposed of until the Director leaves the Board. Each DSU has the same value as one Barrick common share. DSUs must be retained until the Director leaves the Board, at which time the cash value of the DSUs is paid out. Additional DSUs are credited to reflect dividends paid on Barrick common shares. The initial fair value of the liability is calculated as of the grant date and is recognized immediately. Subsequently, at each reporting date and on settlement, the liability is remeasured, with any change in fair value recorded as compensation expense in the period. Performance Granted Share Units Under our PGSU plan, selected employees are granted PGSUs, where each PGSU has a value equal to one Barrick common share. Annual PGSU awards are determined based on a multiple ranging from three to six times base salary (depending on position and level of responsibility) multiplied by a performance factor. The number of PGSUs granted to a plan participant is determined by dividing the dollar value of the award by the closing price of Barrick common shares on the day prior to the grant, or if the grant date occurs during a blackout period, by the greater of (i) the closing price of Barrick common shares on the day prior to the grant date and (ii) the closing price of Barrick common shares on the first day following the expiration of the blackout. PGSUs vest within three The initial fair value of the liability is calculated as of the grant date and is recognized within compensation expense using the straight-line method over the vesting period. Subsequently, at each reporting date and on settlement, the liability is remeasured, with any changes in fair value recorded as compensation expense.
New Accounting Standards Issued But Not Yet Effective	New Accounting Standards Issued But Not Yet EffectiveCertain new accounting standards and interpretations have been published that are not mandatory for the current period and have not been early adopted. These standards are not expected to have a material impact on Barrick in the current or future reporting periods.

MATERIAL ACCOUNTING POLICY IN_3

MATERIAL ACCOUNTING POLICY INFORMATION (Tables)	12 Months Ended
	Dec. 31, 2022
Material accounting policy information [Abstract]
Schedule of subsidiaries other than 100% owned Barrick subsidiaries	Outlined below is information related to our joint arrangements and entities other than 100% owned Barrick subsidiaries at December 31, 2022: Place of business Entity type Economic interest 1 Method 2 Nevada Gold Mines 3,4 United States Subsidiary 61.5% Consolidation North Mara 3,5 Tanzania Subsidiary 84% Consolidation Bulyanhulu 3,5 Tanzania Subsidiary 84% Consolidation Buzwagi 3,5 Tanzania Subsidiary 84% Consolidation Loulo-Gounkoto 3 Mali Subsidiary 80% Consolidation Tongon 3 Côte d’Ivoire Subsidiary 89.7% Consolidation Pueblo Viejo 3 Dominican Republic Subsidiary 60% Consolidation Reko Diq Project 3,6 Pakistan Subsidiary 50% Consolidation Norte Abierto Project Chile JO 50% Our share Donlin Gold Project United States JO 50% Our share Porgera Mine 7,8 Papua New Guinea JO 47.5% Our share Veladero Argentina JO 50% Our share Kibali 9 Democratic Republic of Congo JV 45% Equity Method Jabal Sayid 9 Saudi Arabia JV 50% Equity Method Zaldívar 9 Chile JV 50% Equity Method 1 Unless otherwise noted, all of our JOs are funded by contributions made by the parties sharing joint control 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 Carlin, Cortez, Turquoise Ridge, Phoenix, Long Canyon, North Mara, Bulyanhulu, Buzwagi, Loulo-Gounkoto, Tongon, Pueblo Viejo and the Reko Diq project and record a non-controlling interest for the interest that we do not own. 4 Included within our 61.5% interest in Carlin is Nevada Gold Mines’ (“NGM”) 60% interest in South Arturo. On September 7, 2021, NGM announced it had entered into an Exchange Agreement with i-80 Gold to acquire the 40% interest in South Arturo that NGM did not already own in exchange for the Lone Tree and Buffalo Mountain properties and infrastructure. The exchange transaction closed on October 14, 2021, bringing Barrick’s ownership of South Arturo to 61.5%. 5 The Government of Tanzania receives half of the economic benefits from the Tanzanian operations (Bulyanhulu, Buzwagi and North Mara) from taxes, royalties, clearing fees and participation in all cash distributions made by the mines, after the recoupment of capital investments. Earnings are recorded proportionally based on our equity interests each period in accordance with the terms of the agreement with the Government of Tanzania. 6 On December 15, 2022, we completed the reconstitution of the Reko Diq project, bringing Barrick’s interest in the joint operation from 37.5% (equity method) to 50% (consolidated subsidiary). Refer to note 4 for further details. 7 We have joint control given that decisions about relevant activities require unanimous consent of the parties to the joint operation. 8 We recognize our share of Porgera on a 47.5% interest basis, reflecting Barrick’s undisputed ownership position prior to April 24, 2020, and the ownership position Barrick is asserting in its legal proceedings in the Papua New Guinea (“PNG”) court. On August 16, 2019, the special mining lease (the “SML”) at Porgera was terminated and on April 24, 2020, the PNG government indicated that the SML would not be extended. On April 9, 2021, the PNG government and Barrick Nuigini Limited (“BNL”), the 95% owner and operator of the Porgera joint venture, agreed on a partnership for the future ownership and operation of the mine under a binding Framework Agreement. The Framework Agreement was replaced by the more detailed Porgera Project Commencement Agreement (“PPCA)”, which became effective on February 3, 2022. Under the terms of the binding PPCA, ownership of Porgera will be held in a new joint venture owned 51% by PNG stakeholders and 49% by BNL or an affiliate. BNL is jointly owned on a 50/50 basis by Barrick and Zijin Mining Group and therefore Barrick expects to hold a 24.5% interest in the Porgera mine following the implementation of the PPCA. BNL will retain operatorship of the mine. The parties are working towards the signing of definitive agreements, at which time, full mine recommencement work will begin. For additional information, see note 35. 9 Barrick has commitments of $558 million relating to its interest in the joint ventures, including purchase obligations disclosed in note 17 and capital commitments disclosed in note 19.
Schedule of estimated useful lives of major asset categories	Estimated useful lives of Major Asset Categories Buildings, plant and equipment 1 - 38 years Underground mobile equipment 3 - 7 years Light vehicles and other mobile equipment 1 - 7 years Furniture, computer and office equipment 1 - 7 years

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	12 Months Ended
	Dec. 31, 2022
Operating segments [Abstract]
Schedules of segment information	Consolidated Statements of Income Information Cost of Sales For the year ended December 31, 2022 Revenue Site operating costs, royalties and community relations Depreciation Exploration, evaluation and project expenses Other expenses (income) 1 Segment income (loss) Carlin 2 $2,848 $1,416 $312 $21 ($15) $1,114 Cortez 2 1,316 597 253 12 4 450 Turquoise Ridge 2 814 469 178 7 — 160 Pueblo Viejo 2 1,303 559 242 24 17 461 Loulo-Gounkoto 2 1,236 533 257 9 11 426 Kibali 598 235 178 2 41 142 Veladero 365 205 120 2 6 32 North Mara 2 570 236 73 4 48 209 Bulyanhulu 2 463 235 60 3 25 140 Other Mines 2 2,056 1,223 482 19 75 257 Reportable segment total $11,569 $5,708 $2,155 $103 $212 $3,391 Share of equity investee (598) (235) (178) (2) (41) (142) Segment total $10,971 $5,473 $1,977 $101 $171 $3,249 Consolidated Statements of Income Information Cost of Sales For the year ended December 31, 2021 Revenue Site operating costs, royalties and community relations Depreciation Exploration, evaluation and project expenses Other expenses (income) 1 Segment income (loss) Carlin 2 $2,687 $1,175 $276 $22 $25 $1,189 Cortez 2 1,485 633 294 10 1 547 Turquoise Ridge 2 987 415 200 1 — 371 Pueblo Viejo 2 1,514 505 234 5 11 759 Loulo-Gounkoto 2 1,249 454 278 18 25 474 Kibali 661 232 141 5 5 278 Veladero 382 177 85 1 1 118 North Mara 2 552 240 56 — 2 254 Bulyanhulu 2 361 155 57 — 2 147 Other Mines 2 2,659 1,179 580 10 81 809 Reportable segment total $12,537 $5,165 $2,201 $72 $153 $4,946 Share of equity investee (661) (232) (141) (5) (5) (278) Segment total $11,876 $4,933 $2,060 $67 $148 $4,668 1 Includes accretion expense, which is included with finance costs in the consolidated statements of income. For the year ended December 31, 2022, accretion expense was $36 million (2021: $26 million). 2 Includes non-controlling interest portion of revenues, cost of sales and segment income (loss) for the year ended December 31, 2022, for Pueblo Viejo, $528 million, $319 million, $195 million (2021: $617 million, $294 million, $318 million), Nevada Gold Mines, $2,146 million, $1,422 million, $711 million (2021: $2,362 million, $1,359 million, $991 million), North Mara, Bulyanhulu and Buzwagi, $165 million, $97 million, $55 million (2021: $159 million, $92 million, $63 million), Loulo-Gounkoto, $247 million, $158 million, $88 million (2021: $250 million, $146 million, $95 million) and Tongon, $37 million, $36 million, $nil (2021: $38 million, $32 million, $5 million). Reconciliation of Segment Income to Income Before Income Taxes For the years ended December 31 2022 2021 Segment income $3,249 $4,668 Other revenue 42 109 Other cost of sales/amortization (47) (96) Exploration, evaluation and project expenses not attributable to segments (249) (220) General and administrative expenses (159) (151) Other income not attributable to segments 396 187 Impairment (charges) reversals (1,671) 63 Loss on currency translation (16) (29) Closed mine rehabilitation 136 (18) Income from equity investees 258 446 Finance costs, net (includes non-segment accretion) 1 (265) (329) Gain on non-hedge derivatives 7 2 Income before income taxes $1,681 $4,632 1 Includes debt extinguishment gains of $14 million (2021: $nil). Capital Expenditures Information Segment Capital Expenditures 1 As at December 31, 2022 As at December 31, 2021 Carlin $506 $422 Cortez 419 277 Turquoise Ridge 176 144 Pueblo Viejo 629 533 Loulo-Gounkoto 322 313 Kibali 99 70 Veladero 167 144 North Mara 156 93 Bulyanhulu 90 80 Other Mines 500 351 Reportable segment total $3,064 $2,427 Other items not allocated to segments 133 129 Total $3,197 $2,556 Share of equity investee (99) (70) Total $3,098 $2,486 1 Segment capital expenditures are presented for internal management reporting purposes on an accrual basis. Capital expenditures in the consolidated statements of cash flow are presented on a cash basis. In 2022, cash expenditures were $3,049 million (2021: $2,435 million) and the increase in accrued expenditures was $49 million (2021: $51 million increase).
Schedule of non-current assets at revenue by geographic area	Geographic Information Non-current assets Revenue 1 As at December 31, 2022 As at December 31, 2021 2022 2021 United States $16,518 $16,355 $5,573 $6,134 Dominican Republic 4,874 4,602 1,303 1,514 Mali 3,599 4,709 1,236 1,249 Democratic Republic of Congo 2,659 3,267 — — Chile 1,957 1,937 — — Zambia 1,930 1,793 868 962 Tanzania 1,914 1,767 1,033 993 Argentina 1,247 1,739 365 382 Canada 507 517 231 291 Pakistan 749 — — — Saudi Arabia 382 382 — — Papua New Guinea 327 330 — — Côte d'Ivoire 164 191 356 369 Peru 73 113 48 91 Unallocated 600 939 — — Total $37,500 $38,641 $11,013 $11,985

REVENUE (Tables)

REVENUE (Tables)	12 Months Ended
	Dec. 31, 2022
Revenue [abstract]
Schedule of revenue by type	For the years ended December 31 2022 2021 Gold sales Spot market sales $9,597 $10,491 Concentrate sales 326 246 Provisional pricing adjustments (3) 1 $9,920 $10,738 Copper sales Copper concentrate sales $906 $915 Provisional pricing adjustments (38) 47 $868 $962 Other sales 1 $225 $285 Total $11,013 $11,985 1 Revenues from the sale of by-products from our gold and copper mines.
Schedule of provisional metal sales	Volumes subject to final pricing Impact on net income before taxation of 10% movement in market price As at December 31 2022 2021 2022 2021 Copper pounds 60 45 $23 $20 Gold ounces 42 41 8 8

COST OF SALES (Tables)

COST OF SALES (Tables)	12 Months Ended
	Dec. 31, 2022
Cost of sales [Abstract]
Schedule of cost of sales	Gold Copper Other 4 Total For the years ended December 31 2022 2021 2022 2021 2022 2021 2022 2021 Site operating cost 1,2,3 $4,678 $4,218 $336 $266 $— $— $5,014 $4,484 Depreciation 1 1,756 1,889 223 197 18 16 1,997 2,102 Royalty expense 342 371 103 103 — — 445 474 Community relations 37 26 4 3 — — 41 29 Total $6,813 $6,504 $666 $569 $18 $16 $7,497 $7,089 1 Site operating costs and depreciation include charges to reduce the cost of inventory to net realizable value of $104 million (2021: $22 million). Refer to note 17. 2 Site operating costs includes the costs of extracting by-products. 3 Includes employee costs of $1,448 million (2021: $1,396 million). 4 Other includes corporate amortization.

EXPLORATION, EVALUATION AND P_2

EXPLORATION, EVALUATION AND PROJECT EXPENSES (Tables)	12 Months Ended
	Dec. 31, 2022
Exploration, evaluation and project expenses [Abstract]
Schedule of exploration, evaluation and project expenses	For the years ended December 31 2022 2021 Global exploration and evaluation 1 $123 $122 Project costs: Pascua-Lama 52 46 Pueblo Viejo 24 3 Reko Diq 14 10 Other 47 26 Corporate development 15 16 Minesite exploration and evaluation 1 75 64 Total exploration, evaluation and project expenses $350 $287 1 Approximates the impact on operating cash flow.

OTHER EXPENSE (INCOME) (Tables)

OTHER EXPENSE (INCOME) (Tables)	12 Months Ended
	Dec. 31, 2022
Other expense (income) [Abstract]
Schedule of other expense (income)	For the years ended December 31 2022 2021 Other Expense: Litigation costs $22 $17 Write-offs 15 12 Bank charges 5 7 Porgera care and maintenance costs 53 51 Supplies obsolescence 48 21 Litigation accruals and settlements 19 25 Other 28 17 Total other expense $190 $150 Other Income: Gain on acquisition/sale of non-current assets 1 ($405) ($213) Insurance proceeds related to NGM (22) — Loss (gain) on warrant investments at FVPL (4) 16 Gain on non-hedge derivatives (7) (2) Interest income on other assets (17) (15) Other (3) (3) Total other income ($458) ($217) Total ($268) ($67)

IMPAIRMENT REVERSALS (Tables)

IMPAIRMENT REVERSALS (Tables)	12 Months Ended
	Dec. 31, 2022
Impairment of assets [Abstract]
Schedule of impairment (reversals) charges	For the years ended December 31 2022 2021 Impairment charges (reversals) of non-current assets 1 $483 ($63) Impairment of goodwill 1 1,188 — Total $1,671 ($63) 1 Refer to note 21 for further details.

GENERAL AND ADMINISTRATIVE EX_2

GENERAL AND ADMINISTRATIVE EXPENSES (Tables)	12 Months Ended
	Dec. 31, 2022
General and administrative expenses [Abstract]
Schedule of general and administrative expenses	For the years ended December 31 2022 2021 Corporate administration $125 $118 Share-based compensation 34 33 Total 1 $159 $151 1 Includes employee costs of $93 million (2021: $101 million).

INCOME TAX EXPENSE (Tables)

INCOME TAX EXPENSE (Tables)	12 Months Ended
	Dec. 31, 2022
Income tax [Abstract]
Schedule of major components of tax expense (income)	For the years ended December 31 2022 2021 Tax on profit Current tax Charge for the year $699 $1,031 Adjustment in respect of prior years 1 6 (32) $705 $999 Deferred tax Origination and reversal of temporary differences in the current year ($52) $289 Adjustment in respect of prior years 1 11 56 ($41) $345 Income tax expense $664 $1,344 Tax expense related to continuing operations Current Canada ($8) ($9) International 713 1,008 $705 $999 Deferred Canada $3 $38 International (44) 307 ($41) $345 Income tax expense $664 $1,344
Schedule of reconciliation to Canadian statutory rate	Reconciliation to Canadian Statutory Rate For the years ended December 31 2022 2021 At 26.5% statutory rate $446 $1,228 Increase (decrease) due to: Allowances and special tax deductions 1 (146) (138) Impact of foreign tax rates 2 (146) (84) Non-deductible expenses / (non-taxable income) (38) 118 Goodwill impairment charges not tax deductible 325 — Taxable gains on sales of non-current assets 1 24 Net currency translation losses on current and deferred tax balances 59 23 Tax impact from pass-through entities and equity accounted investments (196) (330) Current year tax results sheltered by previously unrecognized deferred tax assets 33 (18) Recognition and de-recognition of deferred tax assets 15 (31) Adjustments in respect of prior years 17 24 Increase to income tax related contingent liabilities 13 19 Impact of tax rate changes — 66 Withholding taxes 82 110 Mining taxes 201 323 Tax impact of amounts recognized within accumulated OCI (7) 8 Other items 5 2 Income tax expense $664 $1,344 1 We are able to claim certain allowances, incentives and tax deductions unique to extractive industries that result in a lower effective tax rate. 2 We operate in multiple foreign tax jurisdictions that have tax rates different than the Canadian statutory rate.

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	12 Months Ended
	Dec. 31, 2022
Earnings per share [abstract]
Schedule of earnings (loss) per share	For the years ended December 31 ($ millions, except shares in millions and per share amounts in dollars) 2022 2021 Basic Diluted Basic Diluted Net income $1,017 $1,017 $3,288 $3,288 Net income attributable to non-controlling interests (585) (585) (1,266) (1,266) Net income attributable to the equity holders of Barrick Gold Corporation $432 $432 $2,022 $2,022 Weighted average shares outstanding 1,771 1,771 1,779 1,779 Basic and diluted earnings per share data attributable to the equity holders of Barrick Gold Corporation $0.24 $0.24 $1.14 $1.14

FINANCE COSTS, NET (Tables)

FINANCE COSTS, NET (Tables)	12 Months Ended
	Dec. 31, 2022
Finance costs [Abstract]
Schedule of finance costs, net	For the years ended December 31 2022 2021 Interest expense 1 $366 $357 Amortization of debt issue costs 1 1 Amortization of premium — (1) Interest on lease liabilities 4 5 Loss on interest rate hedges 1 3 Interest capitalized 2 (29) (16) Accretion 66 48 Gain on debt extinguishment (14) — Finance income (94) (42) Total $301 $355 1 Interest in the consolidated statements of cash flow is presented on a cash basis. In 2022, cash interest paid was $305 million (2021: $303 million).

CASH FLOW _ OTHER ITEMS (Tables

CASH FLOW – OTHER ITEMS (Tables)	12 Months Ended
	Dec. 31, 2022
Cash flow statement [Abstract]
Schedule of cash flow - other items	Operating Cash Flows - Other Items For the years ended December 31 2022 2021 Adjustments for non-cash income statement items: Gain on non-hedge derivatives ($7) ($2) Stock-based compensation expense 55 81 Loss (gain) on warrant investments at FVPL (4) 16 Change in estimate of rehabilitation costs at closed mines (136) 18 Inventory impairment charges (note 17) 66 13 Supplies obsolescence 48 21 Change in other assets and liabilities (28) (120) Settlement of stock-based compensation (66) (97) Settlement of rehabilitation obligations (145) (133) Other operating activities ($217) ($203) Cash flow arising from changes in: Accounts receivable $89 ($46) Inventory (219) (163) Other current assets (261) (178) Accounts payable 93 140 Other current liabilities (24) (26) Change in working capital ($322) ($273) Financing Cash Flows - Other Items For the years ended December 31 2022 2021 Pueblo Viejo JV partner shareholder loan $177 $131 GoT shareholder loan — (16) Gain on debt extinguishment 14 — Other financing activities $191 $115

INVESTMENTS (Tables)

INVESTMENTS (Tables)	12 Months Ended
	Dec. 31, 2022
Disclosure of joint ventures [abstract]
Schedules of equity accounting method investments	Equity Accounting Method Investment Continuity Kibali Jabal Sayid Zaldívar Other Total At January 1, 2021 $3,279 $369 $967 $55 $4,670 Equity pick-up from equity investees 219 159 68 — 446 Dividends received from equity investees (231) (146) (142) (1) (520) Shareholder loan repayment — — — (2) (2) At December 31, 2021 $3,267 $382 $893 $52 $4,594 Equity pick-up from equity investees 86 124 47 1 258 Dividends received from equity investees (694) (124) (50) (1) (869) At December 31, 2022 $2,659 $382 $890 $52 $3,983 In 2022, Kibali Goldmines SA repaid a portion of its shareholder loans after establishing an additional ongoing mechanism for the repatriation of cash from the Democratic Republic of Congo. For 2022, the repatriation of this cash has resulted in the payment of dividends of $694 million to the Barrick entity that holds the 45% interest in Kibali Goldmines SA. Summarized Equity Investee Financial Information Kibali 2 Jabal Sayid Zaldívar For the years ended December 31 2022 2021 2022 2021 2022 2021 Revenue $1,328 $1,469 $539 $597 $781 $847 Cost of sales (excluding depreciation) 528 513 170 157 463 469 Depreciation 390 308 49 42 147 158 Finance expense (income) — — — 1 1 (4) Other expense (income) 104 38 4 (5) 32 25 Income before income taxes $306 $610 $316 $402 $138 $199 Income tax expense (121) (125) (67) (84) (44) (61) Net income $185 $485 $249 $318 $94 $138 Total comprehensive income $185 $485 $249 $318 $94 $138 Net income (net of non-controlling interests) $172 $438 $249 $318 $94 $138 Summarized Balance Sheet Kibali 2 Jabal Sayid Zaldívar For the years ended December 31 2022 2021 2022 2021 2022 2021 Cash and equivalents $92 $1,116 $77 $85 $72 $171 Other current assets 1 194 255 151 178 559 493 Total current assets $286 $1,371 $228 $263 $631 $664 Non-current assets 3,905 3,959 405 419 2,013 2,031 Total assets $4,191 $5,330 $633 $682 $2,644 $2,695 Current financial liabilities (excluding trade, other payables & provisions) $13 $14 $9 $13 $90 $84 Other current liabilities 126 141 95 136 125 142 Total current liabilities $139 $155 $104 $149 $215 $226 Non-current financial liabilities (excluding trade, other payables & provisions) 51 42 4 — 87 134 Other non-current liabilities 785 706 6 14 542 529 Total non-current liabilities $836 $748 $10 $14 $629 $663 Total liabilities $975 $903 $114 $163 $844 $889 Net assets $3,216 $4,427 $519 $519 $1,800 $1,806 Net assets (net of non-controlling interests) $3,095 $4,312 $519 $519 $1,800 $1,806 1 Zaldívar other current assets include inventory of $443 million (2021: $384 million).
Schedule of reconciliation of summarized financial information to carrying value of equity investee	Reconciliation of Summarized Financial Information to Carrying Value Kibali Jabal Sayid Zaldívar Opening net assets (net of non-controlling interests) 1 $4,312 $519 $1,806 Income for the period (net of non-controlling interests) 172 249 94 Dividends received from equity investees (1,389) (249) (100) Closing net assets (net of non-controlling interests), December 31 $3,095 $519 $1,800 Barrick's share of net assets 1,548 259 900 Equity earnings adjustment — — (10) Goodwill recognition 1,111 123 — Carrying value $2,659 $382 $890

INVENTORIES (Tables)

INVENTORIES (Tables)	12 Months Ended
	Dec. 31, 2022
Inventories [Abstract]
Schedules of inventories and inventory impairment charges	Gold Copper As at December 31, 2022 As at December 31, 2021 As at December 31, 2022 As at December 31, 2021 Raw materials Ore in stockpiles $2,809 $2,587 $150 $174 Ore on leach pads 641 663 — — Mine operating supplies 704 593 59 79 Work in process 138 108 — — Finished products 89 76 10 90 $4,381 $4,027 $219 $343 Non-current ore in stockpiles and on leach pads 1 (2,669) (2,462) (150) (174) $1,712 $1,565 $69 $169 1 Ore that we do not expect to process in the next 12 months is classified within other long-term assets. Inventory Impairment Charges For the years ended December 31 2022 2021 Veladero 42 — Carlin 33 — Lumwana 19 — Cortez 10 22 Inventory impairment charges $104 $22 Ore in Stockpiles As at December 31, 2022 As at December 31, 2021 Gold Carlin $1,129 $986 Pueblo Viejo 712 674 Turquoise Ridge 354 405 Loulo-Gounkoto 175 161 North Mara 165 93 Cortez 104 81 Phoenix 78 73 Veladero 40 51 Porgera 30 30 Tongon 20 33 Bulyanhulu 2 — Copper Lumwana 150 174 $2,959 $2,761 Ore on Leach pads As at December 31, 2022 As at December 31, 2021 Gold Veladero $238 $196 Carlin 196 209 Cortez 112 113 Turquoise Ridge 37 41 Long Canyon 32 77 Phoenix 26 23 Pierina — 4 $641 $663

ACCOUNTS RECEIVABLE AND OTHER_2

ACCOUNTS RECEIVABLE AND OTHER CURRENT ASSETS (Tables)	12 Months Ended
	Dec. 31, 2022
Accounts receivable and other current assets [Abstract]
Schedule of accounts receivables and other current assets	As at December 31, 2022 As at December 31, 2021 Accounts receivable Amounts due from concentrate sales $188 $242 Other receivables 366 381 $554 $623 Other current assets Restricted cash 1 945 — Value added taxes recoverable 2 352 319 Prepaid expenses 243 206 Derivative assets 3 59 — Other 4 91 87 $1,690 $612 1 Relates to restricted cash balance for Antofagasta plc, which will fund their exit from the Reko Diq project, following its reconstitution as described in note 4. 2 Primarily includes VAT and fuel tax recoverables of $49 million in Mali, $66 million in Tanzania, $172 million in Zambia, $32 million in Argentina, and $12 million in the Dominican Republic (Dec. 31, 2021: $25 million, $90 million, $141 million, $39 million, and $11 million, respectively). 3 Reclassified from Other Assets and primarily consists of contingent consideration received as part of the sale of Massawa in 2020 and Lagunas Norte in 2021.

PROPERTY, PLANT AND EQUIPMENT (

PROPERTY, PLANT AND EQUIPMENT (Tables)	12 Months Ended
	Dec. 31, 2022
Property, plant and equipment [abstract]
Schedules of property, plant and equipment	Buildings, plant and equipment 1 Mining property costs subject to depreciation 2,4 Mining property costs not subject to depreciation 2,3 Total At January 1, 2022 Net of accumulated depreciation $6,536 $14,485 $3,933 $24,954 Additions 5 30 (139) 2,977 2,868 Capitalized interest — — 29 29 Acquisitions 6 — — 744 744 Disposals (4) (1) — (5) Depreciation (966) (1,229) — (2,195) Impairment charges (120) (442) (12) (574) Transfers 7 1,273 1,326 (2,599) — At December 31, 2022 $6,749 $14,000 $5,072 $25,821 At December 31, 2022 Cost $18,469 $33,046 $17,027 $68,542 Accumulated depreciation and impairments (11,720) (19,046) (11,955) (42,721) Net carrying amount – December 31, 2022 $6,749 $14,000 $5,072 $25,821 Buildings, plant and equipment 1 Mining property costs subject to depreciation 2,4 Mining property costs not subject to depreciation 2,3 Total At January 1, 2021 Cost $18,361 $29,901 $15,531 $63,793 Accumulated depreciation and impairments (10,888) (16,332) (11,945) (39,165) Net carrying amount – January 1, 2021 $7,473 $13,569 $3,586 $24,628 Additions 5 23 154 2,366 2,543 Capitalized interest — — 16 16 Divestiture (50) (2) (1) (53) Disposals (7) (1) (10) (18) Depreciation (1,139) (1,053) — (2,192) Impairment reversals (charges) 42 (13) 1 30 Transfers 7 194 1,831 (2,025) — At December 31, 2021 $6,536 $14,485 $3,933 $24,954 At December 31, 2021 Cost $17,237 $31,824 $15,876 $64,937 Accumulated depreciation and impairments (10,701) (17,339) (11,943) (39,983) Net carrying amount – December 31, 2021 $6,536 $14,485 $3,933 $24,954 1 Additions include $30 million of right-of-use assets for lease arrangements entered into during the year ended December 31, 2022 (2021: $22 million). Depreciation includes depreciation for leased right-of-use assets of $20 million for the year ended December 31, 2022 (2021: $18 million). The net carrying amount of leased right-of-use assets was $61 million as at December 31, 2022 (2021: $53 million). 2 Includes capitalized reserve acquisition costs, capitalized development costs and capitalized exploration and evaluation costs other than exploration license costs included in intangible assets. 3 Assets not subject to depreciation include construction-in-progress, projects and acquired mineral resources and exploration potential at operating minesites and development projects. 4 Assets subject to depreciation include the following items for production stage properties: acquired mineral reserves and resources, capitalized mine development costs, capitalized stripping and capitalized exploration and evaluation costs. 5 Additions include revisions to the capitalized cost of closure and rehabilitation activities. 6 Relates to the Reko Diq reconstitution. Refer to note 4 for further information. 7 Primarily relates to non-current assets that are transferred between categories within PP&E once they are placed into service. Carrying amount at Dec. 31, 2022 Carrying amount at Dec. 31, 2021 Construction-in-progress 1 $2,553 $2,114 Acquired mineral resources and exploration potential 139 165 Projects Pascua-Lama 727 780 Norte Abierto 670 662 Reko Diq 744 — Donlin Gold 239 212 $5,072 $3,933 1 Represents assets under construction at our operating minesites.

GOODWILL AND OTHER INTANGIBLE_2

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)	12 Months Ended
	Dec. 31, 2022
Intangible assets and goodwill [abstract]
Schedule of intangible assets	a) Intangible Assets Water rights 1 Technology 2 Supply contracts 3 Exploration potential 4 Total Opening balance January 1, 2021 $67 $6 $4 $92 $169 Disposals (6) — — (10) (16) Amortization and impairment losses — — (3) — (3) Closing balance December 31, 2021 $61 $6 $1 $82 $150 Amortization and impairment losses — — (1) — (1) Closing balance December 31, 2022 $61 $6 $— $82 $149 Cost $61 $17 $39 $252 $369 Accumulated amortization and impairment losses — (11) (39) (170) (220) Net carrying amount December 31, 2022 $61 $6 $— $82 $149 1 Relates to water rights in South America, and will be amortized through cost of sales when we begin using these in the future. 2 The amount is amortized through cost of sales using the UOP method over LOM ounces of the Pueblo Viejo mine, with no assumed residual value. 3 Relates to a supply agreement with Michelin North America Inc. to secure a supply of tires and amortized over the effective term of the contract through cost of sales. 4 Exploration potential consists of the estimated fair value attributable to exploration licenses acquired as a result of a business combination or asset acquisition. The carrying value of the licenses will be transferred to PP&E when the development of attributable mineral resources commences.
Schedule of goodwill	Closing balance December 31, 2021 Impairments Closing balance December 31, 2022 Carlin $1,294 $— $1,294 Cortez 899 — 899 Turquoise Ridge 722 — 722 Phoenix 119 — 119 Hemlo 63 — 63 Loulo-Gounkoto 1,672 (1,188) 484 Total $4,769 ($1,188) $3,581 On a total basis, the gross amount and accumulated impairment losses are as follows: Cost $12,211 Accumulated impairment losses December 31, 2022 (8,630) Net carrying amount December 31, 2022 $3,581

IMPAIRMENT AND REVERSAL OF NO_2

IMPAIRMENT AND REVERSAL OF NON-CURRENT ASSETS (Tables)	12 Months Ended
	Dec. 31, 2022
Impairment of assets [Abstract]
Schedule of impairments (reversals)	For the year ended December 31, 2022, we recorded net impairment charges of $483 million (2021: net impairment reversals of $63 million) for non-current assets and $1,188 million (2021: $nil) for goodwill, as summarized in the following table: For the years ended December 31 2022 2021 Veladero $490 $— Reko Diq (120) — Long Canyon 85 — Lumwana 23 — Lagunas Norte — (86) Golden Sunlight — 15 Pueblo Viejo — (7) Tanzania — 5 Hemlo — 5 Other 5 5 Total impairment charges (reversals) of non-current assets $483 ($63) Loulo-Gounkoto goodwill 1,188 — Total goodwill impairment charges $1,188 $— Total impairment charges (reversals) $1,671 ($63)
Schedule of key assumptions used in impairment testing	Assumptions The short-term and long-term gold and copper price assumptions used in our fourth quarter 2022 and 2021 impairment testing are as follows: 2022 2021 Gold price per oz (short-term) $1,700 $1,700 Gold price per oz (long-term) 1,550 1,500 Copper price per lb (short-term) 3.50 4.00 Copper price per lb (long-term) 3.25 3.00 Neither the increase in the long-term gold price nor long-term copper price assumption from 2021 were considered an indicator of impairment reversal as the increased price would not, in isolation, have resulted in the identification of an impairment reversal at our mines with reversible impairments. The other key assumptions used in our impairment testing, based on the CGUs tested in each year, are summarized in the table below: 2022 2021 WACC - gold (range) 4%-13% 3%-8% WACC - gold (avg) 6 % 4 % WACC - copper n/a 12 % NAV multiple - gold (avg) 1.2 1.2 LOM years - gold (avg) 20 19
Schedule of carrying value of CGU's	The carrying value of the CGUs that are most sensitive to changes in the key assumptions used in the FVLCD calculation are: As at December 31, 2022 Carrying Value Loulo-Gounkoto $3,165 Bulyanhulu 1,047 Veladero 561 Long Canyon 336

OTHER ASSETS (Tables)

OTHER ASSETS (Tables)	12 Months Ended
	Dec. 31, 2022
Other assets [Abstract]
Schedule of other assets	As at December 31, 2022 As at December 31, 2021 Value added taxes receivable 1 $218 $199 Other investments 2 112 414 Notes receivable 3 160 123 Norte Abierto JV Partner Receivable 149 150 Restricted cash 4 151 147 Prepayments 5 223 253 Derivative assets 6 — 53 Other 115 170 $1,128 $1,509 1 Includes VAT and fuel tax receivables of $29 million in Argentina, $119 million in Tanzania and $70 million in Chile (Dec. 31, 2021: $47 million, $94 million and $58 million, respectively). 2 Includes equity investments in other mining companies. 3 Primarily represents the interest bearing promissory note due from NovaGold. 4 Primarily represents the cash balance at Pueblo Viejo that is contractually restricted in respect of disbursements for environmental rehabilitation that are expected to occur near the end of Pueblo Viejo’s mine life. 5 Primarily relates to prepaid royalties at Carlin and Pueblo Viejo.

ACCOUNTS PAYABLE (Tables)

ACCOUNTS PAYABLE (Tables)	12 Months Ended
	Dec. 31, 2022
Trade and other payables [abstract]
Schedule of accounts payable	As at December 31, 2022 As at December 31, 2021 Accounts payable $741 $539 Accruals 1 556 676 Payroll accruals 1 259 233 $1,556 $1,448

OTHER CURRENT LIABILITIES (Tabl

OTHER CURRENT LIABILITIES (Tables)	12 Months Ended
	Dec. 31, 2022
Miscellaneous current liabilities [abstract]
Schedule of other current liabilities	As at December 31, 2022 As at December 31, 2021 Payable to Antofagasta plc 1 $945 $— Provision for environmental rehabilitation (note 27b) 191 166 Deposit on Pueblo Viejo gold and silver streaming agreement 54 43 Share-based payments (note 34a) 50 57 Pueblo Viejo JV partner shareholder loan (note 29) 32 9 Other 116 63 $1,388 $338

FINANCIAL INSTRUMENTS (Tables)

FINANCIAL INSTRUMENTS (Tables)	12 Months Ended
	Dec. 31, 2022
Disclosure of detailed information about financial instruments [abstract]
Schedule of cash and equivalents	Cash and Equivalents Cash and equivalents include cash, term deposits, treasury bills and money market investments with original maturities of less than 90 days. As at December 31, 2022 As at December 31, 2021 Cash deposits $2,994 $3,691 Term deposits 1,443 1,582 Money market investments 3 7 $4,440 $5,280
Schedule of debt and interest	Debt and Interest1 Closing balance December 31, 2021 Proceeds Repayments Amortization and other 2 Closing balance December 31, 2022 5.7% notes 3,10 $843 $— $— $1 $844 5.25% notes 4 744 — (375) 3 372 5.80% notes 5,10 395 — — 1 396 6.35% notes 6,10 594 — — 1 595 Other fixed rate notes 7,10 1,082 — — 1 1,083 Leases 8 68 — (20) 22 70 Other debt obligations 581 — — (3) 578 5.75% notes 9,10 843 — — 1 844 $5,150 $— ($395) $27 $4,782 Less: current portion 11 (15) — — — (13) $5,135 $— ($395) $27 $4,769 Closing balance December 31, 2020 Proceeds Repayments Amortization and other 2 Closing balance December 31, 2021 5.7% notes 3,10 $842 $— $— $1 $843 5.25% notes 4 744 — — — 744 5.80% notes 5,10 395 — — — 395 6.35% notes 6,10 594 — — — 594 Other fixed rate notes 7,10 1,081 — — 1 1,082 Leases 8 66 — (20) 22 68 Other debt obligations 590 — (7) (2) 581 5.75% notes 9,10 843 — — — 843 $5,155 $— ($27) $22 $5,150 Less: current portion 11 (20) — — — (15) $5,135 $— ($27) $22 $5,135 1 The agreements that govern our long-term debt each contain various provisions which are not summarized herein. These provisions allow Barrick, at its option, to redeem indebtedness prior to maturity at specified prices and also may permit redemption of debt by Barrick upon the occurrence of certain specified changes in tax legislation. 2 Amortization of debt premium/discount and increases (decreases) in capital leases. 3 Consists of $850 million (2021: $850 million) of our wholly-owned subsidiary Barrick North America Finance LLC (“BNAF”) notes due 2041. 4 Consists of $375 million (2021: $750 million) of 5.25% notes which mature in 2042. 5 Consists of $400 million (2021: $400 million) of 5.80% notes which mature in 2034. 6 Consists of $600 million (2021: $600 million) of 6.35% notes which mature in 2036. 7 Consists of $1.1 billion (2021: $1.1 billion) in conjunction with our wholly-owned subsidiary BNAF and our wholly-owned subsidiary Barrick (PD) Australia Finance Pty Ltd. (“BPDAF”). This consists of $250 million (2021: $250 million) of BNAF notes due 2038 and $850 million (2021: $850 million) of BPDAF notes due 2039. 8 Consists primarily of leases at Nevada Gold Mines, $17 million, Loulo-Gounkoto, $24 million, Veladero, $9 million, Lumwana, $4 million, Hemlo, $2 million, Pascua-Lama, $2 million and Tongon, $2 million (2021: $18 million, $25 million, $2 million, $6 million, $4 million, $2 million and $4 million, respectively). 9 Consists of $850 million (2021: $850 million) in conjunction with our wholly-owned subsidiary BNAF. 10 We provide an unconditional and irrevocable guarantee on all BNAF, BPDAF, Barrick Gold Finance Company (“BGFC”), and Barrick (HMC) Mining (“BHMC”) notes and generally provide such guarantees on all BNAF, BPDAF, BGFC, and BHMC notes issued, which rank equally with our other unsecured and unsubordinated obligations. Interest 2022 2021 For the years ended December 31 Interest cost Effective rate 1 Interest cost Effective rate 1 5.7% notes $49 5.74 % $49 5.74 % 5.25% notes 37 5.47 % 40 5.29 % 5.80% notes 23 5.85 % 23 5.85 % 6.35% notes 38 6.41 % 38 6.41 % Other fixed rate notes 70 6.39 % 70 6.38 % Leases 4 6.56 % 5 7.66 % Other debt obligations 35 6.25 % 35 6.25 % 5.75% notes 49 5.79 % 49 5.79 % Deposits on Pascua-Lama silver sale agreement (note 29) 4 2.82 % 4 2.82 % Deposits on Pueblo Viejo gold and silver streaming agreement (note 29) 29 6.07 % 31 6.24 % Other interest 34 21 $372 $365 Less: interest capitalized (29) (16) $343 $349 1 The effective rate includes the stated interest rate under the debt agreement, amortization of debt issue costs and debt discount/premium and the impact of interest rate contracts designated in a hedging relationship with debt.
Schedule of scheduled debt repayments	Scheduled Debt Repayments 1 Issuer Maturity Year 2023 2024 2025 2026 2027 2028 and thereafter Total 7.73% notes 2 BGC 2025 $— $— $7 $— $— $— $7 7.70% notes 2 BGC 2025 — — 5 — — — 5 7.37% notes 2 BGC 2026 — — — 32 — — 32 8.05% notes 2 BGC 2026 — — — 15 — — 15 6.38% notes 2 BGC 2033 — — — — — 200 200 5.80% notes BGC 2034 — — — — — 200 200 5.80% notes BGFC 2034 — — — — — 200 200 6.45% notes 2 BGC 2035 — — — — — 300 300 6.35% notes BHMC 2036 — — — — — 600 600 7.50% notes 3 BNAF 2038 — — — — — 250 250 5.95% notes 3 BPDAF 2039 — — — — — 850 850 5.70% notes BNAF 2041 — — — — — 850 850 5.25% notes BGC 2042 — — — — — 375 375 5.75% notes BNAF 2043 — — — — — 850 850 $— $— $12 $47 $— $4,675 $4,734 Minimum annual payments under leases $13 $9 $9 $9 $8 $22 $70 1 This table illustrates the contractual undiscounted cash flows, and may not agree with the amounts disclosed in the consolidated balance sheet. 2 Included in Other debt obligations in the Long-Term Debt table. 3 Included in Other fixed rate notes in the Long-Term Debt table.
Schedule of market risks	In the normal course of business, our assets, liabilities and forecasted transactions, as reported in US dollars, are impacted by various market risks including, but not limited to: Item Impacted by ● Revenue ● Prices of gold, silver and copper ● Cost of sales o Consumption of diesel fuel, propane, natural gas, and electricity o Prices of diesel fuel, propane, natural gas, and electricity o Non-US dollar expenditures o Currency exchange rates - US dollar versus A$, ARS, C$, CLP, DOP, EUR, PGK, TZS, XOF, ZAR and ZMW ● General and administration, exploration and evaluation costs ● Currency exchange rates - US dollar versus A$, ARS, C$, CLP, DOP, GBP, PGK, TZS, XOF, ZAR, and ZMW ● Capital expenditures o Non-US dollar capital expenditures o Currency exchange rates - US dollar versus A$, ARS, C$, CLP, DOP, EUR, GBP, PGK, XOF, ZAR, and ZMW o Consumption of steel o Price of steel ● Interest earned on cash and equivalents ● US dollar interest rates ● Interest paid on fixed-rate borrowings ● US dollar interest rates

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	12 Months Ended
	Dec. 31, 2022
Fair value measurements [Abstract]
Disclosure of fair value measurement of assets	Fair Value Measurements At December 31, 2022 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 $112 $— $— $112 Derivatives — 59 — 59 Receivables from provisional copper and gold sales — 188 — 188 $112 $247 $— $359 Fair Value Measurements At December 31, 2021 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 $414 $— $— $414 Derivatives — 53 — 53 Receivables from provisional copper and gold sales — 242 — 242 $414 $295 $— $709 1 Includes equity investments in other mining companies. At December 31, 2022 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 — — 648 648 Goodwill 2 — — 484 484 1 Property, plant and equipment were written down by $574 million, which was included in earnings in this period. 2
Disclosure of fair value measurement of financial assets and liabilities	At December 31, 2022 At December 31, 2021 Carrying amount Estimated fair value Carrying amount Estimated fair value Financial assets Other assets 1,5 $1,358 $1,358 $382 $382 Other investments 2 112 112 414 414 Derivative assets 3 59 59 53 53 $1,529 $1,529 $849 $849 Financial liabilities Debt 4 $4,782 $4,922 $5,150 $6,928 Other liabilities 5 1,562 1,562 473 473 $6,344 $6,484 $5,623 $7,401 1 Includes restricted cash and amounts due from our partners. 2 Includes equity investments in other mining companies. Recorded at fair value. Quoted market prices are used to determine fair value. 3 Primarily consists of contingent consideration received as part of the sale of Massawa and Lagunas Norte. 4 Debt is generally recorded at amortized cost except for obligations that are designated in a fair-value hedge relationship, in which case the carrying amount is adjusted for changes in fair value of the hedging instrument in periods when a hedge relationship exists. The fair value of debt is primarily determined using quoted market prices. Balance includes both current and long-term portions of debt.

PROVISIONS (Tables)

PROVISIONS (Tables)	12 Months Ended
	Dec. 31, 2022
Other provisions [abstract]
Schedules of provisions	a) Provisions As at December 31, 2022 As at December 31, 2021 Environmental rehabilitation (“PER”) $2,013 $2,559 Post-retirement benefits 46 48 Share-based payments 14 17 Other employee benefits 36 42 Other 102 102 $2,211 $2,768 b) Environmental Rehabilitation 2022 2021 At January 1 $2,725 $3,081 PERs divested during the year — (265) Closed Sites Impact of revisions to expected cash flows recorded in earnings (117) 44 Settlements Cash payments (102) (89) Settlement gains (5) (6) Accretion 23 18 Operating Sites PER revisions in the year (317) (42) Settlements Cash payments (43) (44) Settlement gains (3) (2) Accretion 43 30 At December 31 $2,204 $2,725 Current portion (note 24) (191) (166) $2,013 $2,559

FINANCIAL RISK MANAGEMENT (Tabl

FINANCIAL RISK MANAGEMENT (Tables)	12 Months Ended
	Dec. 31, 2022
Disclosure of nature and extent of risks arising from financial instruments [abstract]
Schedule of company's maximum exposure to credit risk	The Company’s maximum exposure to credit risk at the reporting date is the carrying value of each of the financial assets, excluding derivative assets, disclosed as follows: As at December 31, 2022 As at December 31, 2021 Cash and equivalents $4,440 $5,280 Accounts receivable 554 623 Derivative assets 59 53 Notes receivable 160 123 Norte Abierto JV partner receivable 172 173 Restricted cash 1,096 147 $6,481 $6,399
Schedule of the expected maturity of significant financial assets and liabilities	As at December 31, 2022 (in $ millions) Less than 1 year 1 to 3 years 3 to 5 years Over 5 years Total Cash and equivalents $4,440 $— $— $— $4,440 Accounts receivable 554 — — — 554 Notes receivable — 11 3 146 160 Norte Abierto JV partner receivable 23 25 — 124 172 Restricted cash 945 15 — 136 1,096 Derivative assets 59 — — — 59 Trade and other payables 1,556 — — — 1,556 Debt 13 30 64 4,697 4,804 Other liabilities 1,017 210 76 259 1,562 As at December 31, 2021 (in $ millions) Less than 1 year 1 to 3 years 3 to 5 years Over 5 years Total Cash and equivalents $5,280 $— $— $— $5,280 Accounts receivable 623 — — — 623 Notes receivable — 1 — 122 123 Norte Abierto JV partner receivable 23 46 — 104 173 Restricted cash — 12 — 135 147 Derivative assets — 53 — — 53 Trade and other payables 1,448 — — — 1,448 Debt 15 17 67 5,077 5,176 Other liabilities 30 196 92 155 473

OTHER NON-CURRENT LIABILITIES (

OTHER NON-CURRENT LIABILITIES (Tables)	12 Months Ended
	Dec. 31, 2022
Miscellaneous non-current liabilities [abstract]
Schedule of other non-current liabilities	As at December 31, 2022 As at December 31, 2021 Deposit on Pascua-Lama silver sale agreement $158 $154 Deposit on Pueblo Viejo gold and silver streaming agreement 1 415 438 Long-term income tax payable 200 267 GoT shareholder loan 118 150 Pueblo Viejo JV partner shareholder loan 318 164 Provision for offsite remediation 32 52 Other 88 76 $1,329 1,301 1 Revenues of $40 million were recognized in 2022 (2021: $44 million) through the draw-down of our streaming liabilities relating to a contract in place at Pueblo Viejo.

DEFERRED INCOME TAXES (Tables)

DEFERRED INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2022
Income tax [Abstract]
Schedules of deferred income tax assets and liabilities	Sources of Deferred Income Tax Assets and Liabilities As at December 31, 2022 As at December 31, 2021 Deferred tax assets Tax loss carry forwards $307 $330 Tax credits — 10 Environmental rehabilitation 205 262 Post-retirement benefit obligations and other employee benefits 31 30 Other working capital 85 68 Other 10 5 $638 $705 Deferred tax liabilities Property, plant and equipment (3,476) (3,556) Inventory (389) (416) Accrued interest payable (1) 3 ($3,228) ($3,264) Classification: Non-current assets $19 $29 Non-current liabilities (3,247) (3,293) ($3,228) ($3,264) Expiry Dates of Tax Losses 2023 2024 2025 2026 2027+ No expiry date Total Non-capital tax losses 1 Australia $— $— $— $— $— $54 $54 Barbados 397 212 218 2 131 — 960 Canada — — 1 1 2,349 — 2,351 Chile — — — — — 979 979 Papua New Guinea — — — — 127 10 137 Saudi Arabia — — — — — 330 330 Tanzania — — — — — 1,199 1,199 United Kingdom — — — — — 117 117 Others 2 2 1 38 2 9 54 $399 $214 $220 $41 $2,609 $2,698 $6,181 1 Represents the gross amount of tax loss carry forwards translated at closing exchange rates at December 31, 2022. Deferred Tax Assets Not Recognized As at December 31, 2022 As at December 31, 2021 Argentina $154 $118 Australia 306 302 Barbados 53 27 Canada 954 966 Chile 1,084 1,059 Côte d'Ivoire 6 6 Mali 9 11 Peru 65 79 Saudi Arabia 65 71 Tanzania 109 105 United Kingdom 22 36 United States 15 — Others 4 3 $2,846 $2,783 Source of Changes in Deferred Tax Balances For the years ended December 31 2022 2021 Temporary differences Property, plant and equipment $80 ($181) Environmental rehabilitation (56) (97) Tax loss carry forwards (23) (127) AMT and other tax credits (10) (3) Inventory 27 48 Other 18 32 $36 ($328) Intraperiod allocation to: Income before income taxes $41 ($345) Income tax payable (2) (2) Other comprehensive (income) loss (5) 19 Other 2 — $36 ($328) Income Tax Related Contingent Liabilities 2022 2021 At January 1 $257 $266 Additions based on uncertain tax positions related to prior years 1 19 Additions based on uncertain tax positions related to the current year 7 — Reductions for tax positions of prior years (45) (28) Reclassifications 1 (160) — At December 31 2 $60 $257 1 Following the full implementation of the Framework Agreement in Tanzania, the agreed payment obligations are shown in current and long-term income tax payables. 2 If reversed, the total amount of $60 million would be recognized as a benefit to income taxes on the income statement, and therefore would impact the reported effective tax rate.
Schedule of tax years still under examination	Tax Years Still Under Examination Argentina 2010-2011, 2015-2022 Australia 2017-2022 Canada 2015-2022 Chile 2015-2022 Côte d'Ivoire 2020-2022 Democratic Republic of Congo 2021-2022 Dominican Republic 2015-2022 Mali 2017-2022 Papua New Guinea 2006-2022 Peru 2016-2022 Saudi Arabia 2019-2022 Tanzania 2018-2022 United States 2022 Zambia 2018-2022

NON-CONTROLLING INTERESTS (Tabl

NON-CONTROLLING INTERESTS (Tables)	12 Months Ended
	Dec. 31, 2022
Non-controlling interests [Abstract]
Schedules of non-controlling interests	a) Non-Controlling Interests (“NCI”) Continuity Nevada Gold Mines Pueblo Viejo Tanzania Mines 1 Loulo-Gounkoto Tongon Reko Diq Other Total NCI in subsidiary at December 31, 2022 38.5 % 40 % 16 % 20 % 10.3 % 50 % Various At January 1, 2021 $5,978 $1,193 $263 $933 $39 $— ($37) $8,369 Share of income 980 174 35 71 6 — — 1,266 Cash contributed — — — — — — 12 12 Increase in non-controlling interest 2 (49) — — — — — (37) (86) Disbursements (848) (178) — (51) (16) — (18) (1,111) At December 31, 2021 $6,061 $1,189 $298 $953 $29 $— ($80) $8,450 Acquisitions 2 — — — — — 329 — 329 Share of income (loss) 633 96 35 (179) — — — 585 Disbursements (626) (157) (12) (35) (16) — — (846) At December 31, 2022 $6,068 $1,128 $321 $739 $13 $329 ($80) $8,518 1 Tanzania mines consist of the two operating mines (North Mara and Bulyanhulu) and Buzwagi which transitioned into closure early in the third quarter of 2021. 2 Refer to note 4 for further details. Summarized Balance Sheets Nevada Gold Mines Pueblo Viejo Tanzania Mines 1 Loulo-Gounkoto Tongon As at December 31, 2022 As at December 31, 2021 As at December 31, 2022 As at December 31, 2021 As at December 31, 2022 As at December 31, 2021 As at December 31, 2022 As at December 31, 2021 As at December 31, 2022 As at December 31, 2021 Current assets $2,408 $3,351 $485 $394 $437 $637 $928 $444 $158 $205 Non-current assets 13,863 13,750 5,003 4,724 1,917 1,798 3,602 4,712 165 192 Total assets $16,271 $17,101 $5,488 $5,118 $2,354 $2,435 $4,530 $5,156 $323 $397 Current liabilities 586 561 889 633 800 926 189 141 170 76 Non-current liabilities 1,135 1,244 1,421 1,249 422 526 560 575 46 59 Total liabilities $1,721 $1,805 $2,310 $1,882 $1,222 $1,452 $749 $716 $216 $135 Summarized Statements of Income Nevada Gold Mines Pueblo Viejo Tanzania Mines 1 Loulo-Gounkoto Tongon For the years ended December 31 2022 2021 2022 2021 2022 2021 2022 2021 2022 2021 Revenue $5,573 $6,135 $1,303 $1,514 $1,032 $993 $1,236 $1,249 $356 $368 Income (loss) from continuing operations after tax 3,018 2,246 170 361 210 284 (912) 322 (4) 52 Other comprehensive income 1 9 — — — — — — — — Total comprehensive income (loss) $3,019 $2,255 $170 $361 $210 $284 ($912) $322 ($4) $52 Dividends paid to NCI 2 $626 $848 $60 $48 $3 $— $35 $51 $13 $20 Summarized Statements of Cash Flows Nevada Gold Mines Pueblo Viejo Tanzania Mines 1 Loulo-Gounkoto Tongon For the years ended December 31 2022 2021 2022 2021 2022 2021 2022 2021 2022 2021 Net cash provided by operating activities $2,693 $3,035 $524 $541 $275 $373 $459 $605 $75 $61 Net cash used in investing activities (1,103) (962) (599) (522) (253) (178) (322) (297) (32) (17) Net cash provided by (used in) financing activities (1,631) (2,208) 67 (101) (222) (100) (176) (254) (76) (143) Net increase (decrease) in cash and cash equivalents ($41) ($135) ($8) ($82) ($200) $95 ($39) $54 ($33) ($99) 1 Tanzania mines consist of the two operating mines (North Mara and Bulyanhulu) and Buzwagi which transitioned into closure early in the third quarter of 2021. 2 Includes partner distributions.

RELATED PARTY TRANSACTIONS (Tab

RELATED PARTY TRANSACTIONS (Tables)	12 Months Ended
	Dec. 31, 2022
Related party transactions [abstract]
Schedule of remuneration of key management personnel	Remuneration of Key Management Personnel Key management personnel include the members of the Board of Directors and the executive leadership team. Compensation for key management personnel (including Directors) was as follows: For the years ended December 31 2022 2021 Salaries and short-term employee benefits 1 $33 $36 Post-employment benefits 2 4 6 Share-based payments and other 3 31 25 $68 $67 1 Includes annual salary and annual short-term incentives/other bonuses earned in the year. 2 Represents Company contributions to retirement savings plans. 3 Relates to DSU, RSU, and PGSU grants and other compensation.

STOCK-BASED COMPENSATION (Table

STOCK-BASED COMPENSATION (Tables)	12 Months Ended
	Dec. 31, 2022
Share-based payment arrangements [Abstract]
Schedule of DSU and RSU activity	DSU and RSU Activity (Number of Units in Thousands) DSUs Fair value RSUs Fair value At January 1, 2021 561 $12.8 2,623 $38.6 Settled for cash — — (1,435) (36.2) Granted 117 2.2 1,300 26.4 Credits for dividends — — 30 0.6 Change in value — (2.4) — 1.6 At December 31, 2021 678 $12.6 2,518 $31.0 Settled for cash — — (1,656) (29.2) Granted 159 2.9 1,406 24.2 Credits for dividends — — 69 1.3 Change in value — (1.1) — (1.0) At December 31, 2022 837 $14.4 2,337 $26.3

MATERIAL ACCOUNTING POLICY IN_4

MATERIAL ACCOUNTING POLICY INFORMATION - Joint Arrangements and Entities Other Than 100% Owned Barrick Subsidiaries (Details) - USD ($) $ in Millions		1 Months Ended	9 Months Ended	11 Months Ended	12 Months Ended
	Feb. 03, 2022	Dec. 31, 2022	Oct. 13, 2021	Dec. 14, 2022	Dec. 31, 2022
Disclosure of Joint Arrangements and Subsidiaries [Line Items]
Proportion of ownership interest in subsidiary					100%
Commitments in relation to joint ventures		$ 558			$ 558
Kibali [Member]
Disclosure of Joint Arrangements and Subsidiaries [Line Items]
Proportion of interest held by joint operations operator					90%
Economic interest in joint venture					45%
Jabal Sayid [Member]
Disclosure of Joint Arrangements and Subsidiaries [Line Items]
Economic interest in joint venture					50%
Zaldivar [Member]
Disclosure of Joint Arrangements and Subsidiaries [Line Items]
Economic interest in joint venture					50%
Porgera [Member]
Disclosure of Joint Arrangements and Subsidiaries [Line Items]
Proportion of interest held by joint operations operator					95%
Proposed proportion of interest to be held by government stakeholders	51%
Proposed proportion of interest to be held by joint operation operator	49%
Proportion of interest in joint operation operator					50%
Proposed proportion of interest in joint venture	24.50%
Economic interest in joint venture	24.50%				47.50%
Norte Abierto Project
Disclosure of Joint Arrangements and Subsidiaries [Line Items]
Economic interest in joint operation					50%
Donlin Gold Project
Disclosure of Joint Arrangements and Subsidiaries [Line Items]
Economic interest in joint operation					50%
Porgera [Member]
Disclosure of Joint Arrangements and Subsidiaries [Line Items]
Economic interest in joint operation					47.50%
Proportion of interest held by joint operations operator					95%
Veladero [Member]
Disclosure of Joint Arrangements and Subsidiaries [Line Items]
Economic interest in joint operation					50%
Nevada Gold Mines
Disclosure of Joint Arrangements and Subsidiaries [Line Items]
Proportion of ownership interest in subsidiary					61.50%
Proportion of ownership interests held by non-controlling interests					38.50%
North Mara [Member]
Disclosure of Joint Arrangements and Subsidiaries [Line Items]
Proportion of ownership interest in subsidiary					84%
Bulyanhulu [Member]
Disclosure of Joint Arrangements and Subsidiaries [Line Items]
Proportion of ownership interest in subsidiary					84%
Buzwagi [Member]
Disclosure of Joint Arrangements and Subsidiaries [Line Items]
Proportion of ownership interest in subsidiary					84%
Carlin [Member]
Disclosure of Joint Arrangements and Subsidiaries [Line Items]
Proportion of ownership interest in subsidiary					61.50%
Loulo-Gounkoto [Member]
Disclosure of Joint Arrangements and Subsidiaries [Line Items]
Proportion of ownership interest in subsidiary					80%
Proportion of ownership interests held by non-controlling interests					20%
Tongon [Member]
Disclosure of Joint Arrangements and Subsidiaries [Line Items]
Proportion of ownership interest in subsidiary					89.70%
Proportion of ownership interests held by non-controlling interests					10.30%
Pueblo Viejo [Member]
Disclosure of Joint Arrangements and Subsidiaries [Line Items]
Proportion of ownership interest in subsidiary					60%
Proportion of ownership interests held by non-controlling interests					40%
Reko Diq [Member]
Disclosure of Joint Arrangements and Subsidiaries [Line Items]
Proportion of ownership interest in subsidiary		50%		37.50%
Proportion of ownership interests held by non-controlling interests		50%			50%
South Arturo
Disclosure of Joint Arrangements and Subsidiaries [Line Items]
Proportion of ownership interest in subsidiary			60%		61.50%
Proportion of ownership interests held by non-controlling interests			40%

MATERIAL ACCOUNTING POLICY IN_5

MATERIAL ACCOUNTING POLICY INFORMATION - Estimated Useful Lives of Major Asset Categories (Details)	12 Months Ended
	Dec. 31, 2022
Buildings, plant and equipment [member] | Minimum
Estimated useful lives of Major Asset Categories [line items]
Useful life (in years)	1 year
Buildings, plant and equipment [member] | Maximum
Estimated useful lives of Major Asset Categories [line items]
Useful life (in years)	38 years
Underground mobile equipment | Minimum
Estimated useful lives of Major Asset Categories [line items]
Useful life (in years)	3 years
Underground mobile equipment | Maximum
Estimated useful lives of Major Asset Categories [line items]
Useful life (in years)	7 years
Light vehicles and other mobile equipment | Minimum
Estimated useful lives of Major Asset Categories [line items]
Useful life (in years)	1 year
Light vehicles and other mobile equipment | Maximum
Estimated useful lives of Major Asset Categories [line items]
Useful life (in years)	7 years
Furniture, computer and office equipment | Minimum
Estimated useful lives of Major Asset Categories [line items]
Useful life (in years)	1 year
Furniture, computer and office equipment | Maximum
Estimated useful lives of Major Asset Categories [line items]
Useful life (in years)	7 years

MATERIAL ACCOUNTING POLICY IN_6

MATERIAL ACCOUNTING POLICY INFORMATION - Stock-Based Compensation (Details)	12 Months Ended
	Dec. 31, 2022 shares
RSUs
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of common shares per unit of share-based payment arrangement	1
Number of years for stock-based awards to vest	3 years
DSUs
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of common shares per unit of share-based payment arrangement	1
Minimum required annual retainer (as percent)	63.60%
PGSUs
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of common shares per unit of share-based payment arrangement	1
Number of years for stock-based awards to vest	3 years
PGSUs | Minimum
Disclosure of terms and conditions of share-based payment arrangement [line items]
Multiple of base salary to determine annual performance granted share units	300%
PGSUs | Maximum
Disclosure of terms and conditions of share-based payment arrangement [line items]
Multiple of base salary to determine annual performance granted share units	600%

CRITICAL JUDGMENTS, ESTIMATES_2

CRITICAL JUDGMENTS, ESTIMATES, ASSUMPTIONS AND RISKS (Details) $ in Millions	1 Months Ended	11 Months Ended	12 Months Ended
	Dec. 31, 2022 USD ($) $ / pound $ / Ounce	Dec. 14, 2022	Dec. 31, 2022 USD ($) $ / pound $ / Ounce	Dec. 31, 2026 USD ($)	Dec. 31, 2021 USD ($) $ / pound $ / Ounce
Disclosure of detailed information about accounting judgments and estimates [Line Items]
Proportion of ownership interest in subsidiary			100%
Pascua-Lama | Chile
Disclosure of detailed information about accounting judgments and estimates [Line Items]
Amounts received from VAT refunds	$ 457		$ 457		$ 411
Revenue, performance obligation				$ 3,538
Pascua-Lama | Argentina
Disclosure of detailed information about accounting judgments and estimates [Line Items]
Value added tax receivables	$ 31		$ 31		$ 48
Pueblo Viejo [Member]
Disclosure of detailed information about accounting judgments and estimates [Line Items]
Proportion of ownership interest in subsidiary			60%
Proportion of ownership interests held by non-controlling interests			40%
Reko Diq [Member]
Disclosure of detailed information about accounting judgments and estimates [Line Items]
Proportion of ownership interest in subsidiary	50%	37.50%
Proportion of ownership interests held by non-controlling interests	50%		50%
Reko Diq [Member] | Provincial Government of Balochistan [Member]
Disclosure of detailed information about accounting judgments and estimates [Line Items]
Proportion of ownership interests held by non-controlling interests	10%
Reko Diq [Member] | Government of Balochistan special purpose company [Member]
Disclosure of detailed information about accounting judgments and estimates [Line Items]
Proportion of ownership interests held by non-controlling interests	15%
Reko Diq [Member] | Other federal state-owned enterprises [Member]
Disclosure of detailed information about accounting judgments and estimates [Line Items]
Proportion of ownership interests held by non-controlling interests	25%
Gold reserves [Member]
Disclosure of detailed information about accounting judgments and estimates [Line Items]
Mineral price assumption | $ / Ounce	1,300		1,300		1,200
Measured, indicated and inferred gold resources [Member]
Disclosure of detailed information about accounting judgments and estimates [Line Items]
Mineral price assumption | $ / Ounce	1,700		1,700		1,500
Copper reserves [Member]
Disclosure of detailed information about accounting judgments and estimates [Line Items]
Mineral price assumption | $ / pound	3		3		2.75
Measured, indicated and inferred copper resources [Member]
Disclosure of detailed information about accounting judgments and estimates [Line Items]
Mineral price assumption | $ / pound	3.75		3.75		3.50

ACQUISITION AND DIVESTITURES -

ACQUISITION AND DIVESTITURES - Divestitures (Details) - USD ($) $ in Millions

1 Months Ended

3 Months Ended

11 Months Ended

12 Months Ended

Jun. 01, 2023

Jun. 01, 2022

Oct. 14, 2021

Jun. 01, 2021

Dec. 31, 2022

Dec. 31, 2022

Jun. 30, 2022

Mar. 31, 2022

Dec. 31, 2021

Dec. 14, 2022

Dec. 31, 2022

Dec. 31, 2021

Disclosure of detailed information about business combination [line items]

Proportion of ownership interest in subsidiary

100%

Increase (decrease) through acquisition of subsidiary, equity

$ 329

$ (171)

Acquisitions

$ 744

Boroo Pte Ltd [Member]

Disclosure of detailed information about business combination [line items]

Proportion of reclamation bond obligations assumed

50%

50%

Reko Diq [Member]

Disclosure of detailed information about business combination [line items]

Proportion of ownership interest in subsidiary

50%

37.50%

Proportion of ownership interests held by non-controlling interests

50%

50%

Reversal of impairment loss

$ 120

Gain on reconstitution

300

Increase (decrease) through acquisition of subsidiary, equity

329

Acquisitions

744

Reko Diq [Member] | Provincial Government of Balochistan [Member]

Disclosure of detailed information about business combination [line items]

Proportion of ownership interests held by non-controlling interests

10%

Reko Diq [Member] | Government of Balochistan special purpose company [Member]

Disclosure of detailed information about business combination [line items]

Proportion of ownership interests held by non-controlling interests

15%

Reko Diq [Member] | Other federal state-owned enterprises [Member]

Disclosure of detailed information about business combination [line items]

Proportion of ownership interests held by non-controlling interests

25%

Reko Diq [Member] | Provincial Government of Balochistan and other federal state-owned enterprises [Member]

Disclosure of detailed information about business combination [line items]

Proportion of ownership interests held by non-controlling interests

40%

Lagunas Norte [Member]

Disclosure of detailed information about business combination [line items]

Reversal of impairment loss

$ 86

Proportion of ownership interest sold

100%

NSR royalty rate

2%

Purchase price of NSR

$ 16

Period used for calculation of the average gold price to value the contingent consideration

2 years

Gain (loss) recognised on measurement to fair value less costs to sell

$ 4

Provision for decommissioning, restoration and rehabilitation costs

$ 173

$ 0

$ 0

$ 0

Lagunas Norte [Member] | Maximum

Disclosure of detailed information about business combination [line items]

Consideration paid (received)

(81)

Lagunas Norte [Member] | Cash and cash equivalents [Member]

Disclosure of detailed information about business combination [line items]

Portion of consideration paid (received) consisting of cash and cash equivalents

(20)

Lagunas Norte [Member] | Other receivables [Member] | First anniversary after closing [Member]

Disclosure of detailed information about business combination [line items]

Consideration paid (received)

$ (10)

Lagunas Norte [Member] | Other receivables [Member] | Second anniversary after closing [Member]

Disclosure of detailed information about business combination [line items]

Consideration paid (received)

$ (20)

Lagunas Norte [Member] | Contingent consideration [member] | Maximum

Disclosure of detailed information about business combination [line items]

Consideration paid (received)

(15)

Lagunas Norte [Member] | At fair value

Disclosure of detailed information about business combination [line items]

Consideration paid (received)

$ (65)

South Arturo

Disclosure of detailed information about business combination [line items]

Proportion of ownership interests held by non-controlling interests

40%

Lone Tree [Member]

Disclosure of detailed information about business combination [line items]

Gain (loss) recognised on measurement to fair value less costs to sell

$ 205

Gain (loss) recognised in equity

$ (85)

Lone Tree [Member] | i-80 Gold Corp [Member]

Disclosure of detailed information about business combination [line items]

Term of toll milling agreement, autoclave facilities

3 years

Term of toll milling agreement, roaster facilities

10 years

Fair value of toll milling agreement

$ 0

Fair value of shares

48

Lone Tree [Member] | Contingent consideration [member] | i-80 Gold Corp [Member]

Disclosure of detailed information about business combination [line items]

Consideration paid (received)

(50)

Lone Tree [Member] | At fair value

Disclosure of detailed information about business combination [line items]

Consideration paid (received)

$ (175)

SEGMENT INFORMATION - Narrative

SEGMENT INFORMATION - Narrative (Details)	Dec. 31, 2022 minesite
Operating segments [Abstract]
Number of minesite locations	18
Number of gold mines	9

SEGMENT INFORMATION - Consolida

SEGMENT INFORMATION - Consolidated Statements of Income Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Operating segments | Carlin [Member]
Disclosure of operating segments [line items]
Revenue	$ 2,848	$ 2,687
Site operating costs, royalties and community relations	1,416	1,175
Depreciation	312	276
Exploration, evaluation and project expenses	21	22
Other expense (income)	(15)	25
Income before income taxes	1,114	1,189
Operating segments | Cortez [Member]
Disclosure of operating segments [line items]
Revenue	1,316	1,485
Site operating costs, royalties and community relations	597	633
Depreciation	253	294
Exploration, evaluation and project expenses	12	10
Other expense (income)	4	1
Income before income taxes	450	547
Operating segments | Turquoise Ridge [Member]
Disclosure of operating segments [line items]
Revenue	814	987
Site operating costs, royalties and community relations	469	415
Depreciation	178	200
Exploration, evaluation and project expenses	7	1
Other expense (income)	0	0
Income before income taxes	160	371
Operating segments | Pueblo Viejo [Member]
Disclosure of operating segments [line items]
Revenue	1,303	1,514
Site operating costs, royalties and community relations	559	505
Depreciation	242	234
Exploration, evaluation and project expenses	24	5
Other expense (income)	17	11
Income before income taxes	461	759
Disclosure of non-controlling interests [Abstract]
Revenue, attributable to non-controlling interests	528	617
Cost of sales, attributable to non-controlling interests	319	294
Profit (loss), attributable to non-controlling interests	195	318
Operating segments | Loulo-Gounkoto [Member]
Disclosure of operating segments [line items]
Revenue	1,236	1,249
Site operating costs, royalties and community relations	533	454
Depreciation	257	278
Exploration, evaluation and project expenses	9	18
Other expense (income)	11	25
Income before income taxes	426	474
Disclosure of non-controlling interests [Abstract]
Revenue, attributable to non-controlling interests	247	250
Cost of sales, attributable to non-controlling interests	158	146
Profit (loss), attributable to non-controlling interests	88	95
Operating segments | Kibali [Member]
Disclosure of operating segments [line items]
Revenue	598	661
Site operating costs, royalties and community relations	235	232
Depreciation	178	141
Exploration, evaluation and project expenses	2	5
Other expense (income)	41	5
Income before income taxes	142	278
Operating segments | Veladero
Disclosure of operating segments [line items]
Revenue	365	382
Site operating costs, royalties and community relations	205	177
Depreciation	120	85
Exploration, evaluation and project expenses	2	1
Other expense (income)	6	1
Income before income taxes	32	118
Operating segments | North Mara [Member]
Disclosure of operating segments [line items]
Revenue	570	552
Site operating costs, royalties and community relations	236	240
Depreciation	73	56
Exploration, evaluation and project expenses	4	0
Other expense (income)	48	2
Income before income taxes	209	254
Operating segments | Bulyanhulu [Member]
Disclosure of operating segments [line items]
Revenue	463	361
Site operating costs, royalties and community relations	235	155
Depreciation	60	57
Exploration, evaluation and project expenses	3	0
Other expense (income)	25	2
Income before income taxes	140	147
Operating segments | Other Mines
Disclosure of operating segments [line items]
Revenue	2,056	2,659
Site operating costs, royalties and community relations	1,223	1,179
Depreciation	482	580
Exploration, evaluation and project expenses	19	10
Other expense (income)	75	81
Income before income taxes	257	809
Operating segments | Reportable segments [member]
Disclosure of operating segments [line items]
Revenue	11,569	12,537
Site operating costs, royalties and community relations	5,708	5,165
Depreciation	2,155	2,201
Exploration, evaluation and project expenses	103	72
Other expense (income)	212	153
Income before income taxes	3,391	4,946
Operating segments | Segment total [Member]
Disclosure of operating segments [line items]
Revenue	10,971	11,876
Site operating costs, royalties and community relations	5,473	4,933
Depreciation	1,977	2,060
Exploration, evaluation and project expenses	101	67
Other expense (income)	171	148
Income before income taxes	3,249	4,668
Accretion expense	36	26
Operating segments | Nevada Gold Mines
Disclosure of non-controlling interests [Abstract]
Revenue, attributable to non-controlling interests	2,146	2,362
Cost of sales, attributable to non-controlling interests	1,422	1,359
Profit (loss), attributable to non-controlling interests	711	991
Operating segments | North Mara, Bulyanhulu and Buzwagi [Member]
Disclosure of non-controlling interests [Abstract]
Revenue, attributable to non-controlling interests	165	159
Cost of sales, attributable to non-controlling interests	97	92
Profit (loss), attributable to non-controlling interests	55	63
Operating segments | Tongon [Member]
Disclosure of non-controlling interests [Abstract]
Revenue, attributable to non-controlling interests	37	38
Cost of sales, attributable to non-controlling interests	36	32
Profit (loss), attributable to non-controlling interests	0	5
Material reconciling items [member] | Kibali [Member]
Disclosure of operating segments [line items]
Revenue	(598)	(661)
Site operating costs, royalties and community relations	(235)	(232)
Depreciation	(178)	(141)
Exploration, evaluation and project expenses	(2)	(5)
Other expense (income)	(41)	(5)
Income before income taxes	$ (142)	$ (278)

SEGMENT INFORMATION - Reconcili

SEGMENT INFORMATION - Reconciliation of Segment Income to Loss from Continuing Operations Before Income Taxes (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Reconciliation of Segment Income to Loss from Continuing Operations Before Income Taxes
Revenue	$ 11,013	$ 11,985
Other cost of sales/amortization	(7,497)	(7,089)
Exploration, evaluation and project expenses not attributable to segments	(350)	(287)
General and administrative expenses	(159)	(151)
Other income not attributable to segments	268	67
Impairment (charges) reversals	(1,671)	63
Loss on currency translation	(16)	(29)
Closed mine rehabilitation	136	(18)
Income from equity investees	258	446
Finance costs, net (includes non-segment accretion)	(301)	(355)
Gain on non-hedge derivatives	7	2
Income before income taxes	1,681	4,632
Gain on debt extinguishment	14	0
Operating segments [member]
Reconciliation of Segment Income to Loss from Continuing Operations Before Income Taxes
Income before income taxes	3,249	4,668
Other items not allocated to segments
Reconciliation of Segment Income to Loss from Continuing Operations Before Income Taxes
Revenue	42	109
Other cost of sales/amortization	(47)	(96)
Exploration, evaluation and project expenses not attributable to segments	(249)	(220)
General and administrative expenses	(159)	(151)
Other income not attributable to segments	396	187
Impairment (charges) reversals	(1,671)	63
Loss on currency translation	(16)	(29)
Closed mine rehabilitation	136	(18)
Income from equity investees	258	446
Finance costs, net (includes non-segment accretion)	(265)	(329)
Gain on non-hedge derivatives	$ 7	$ 2

SEGMENT INFORMATION - Geographi

SEGMENT INFORMATION - Geographical Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Disclosure of geographical areas [line items]
Non-current assets	$ 37,500	$ 38,641
Revenue	11,013	11,985
United States
Disclosure of geographical areas [line items]
Non-current assets	16,518	16,355
Revenue	5,573	6,134
Mali
Disclosure of geographical areas [line items]
Non-current assets	3,599	4,709
Revenue	1,236	1,249
Dominican Republic
Disclosure of geographical areas [line items]
Non-current assets	4,874	4,602
Revenue	1,303	1,514
Democratic Republic of Congo
Disclosure of geographical areas [line items]
Non-current assets	2,659	3,267
Revenue	0	0
Chile
Disclosure of geographical areas [line items]
Non-current assets	1,957	1,937
Revenue	0	0
Others
Disclosure of geographical areas [line items]
Non-current assets	1,930	1,793
Revenue	868	962
Tanzania
Disclosure of geographical areas [line items]
Non-current assets	1,914	1,767
Revenue	1,033	993
Argentina
Disclosure of geographical areas [line items]
Non-current assets	1,247	1,739
Revenue	365	382
Canada
Disclosure of geographical areas [line items]
Non-current assets	507	517
Revenue	231	291
Pakistan
Disclosure of geographical areas [line items]
Non-current assets	749	0
Revenue	0	0
Saudi Arabia
Disclosure of geographical areas [line items]
Non-current assets	382	382
Revenue	0	0
Papua New Guinea
Disclosure of geographical areas [line items]
Non-current assets	327	330
Revenue	0	0
Côte d'Ivoire
Disclosure of geographical areas [line items]
Non-current assets	164	191
Revenue	356	369
Peru
Disclosure of geographical areas [line items]
Non-current assets	73	113
Revenue	48	91
Unallocated
Disclosure of geographical areas [line items]
Non-current assets	600	939
Revenue	$ 0	$ 0

SEGMENT INFORMATION - Capital E

SEGMENT INFORMATION - Capital Expenditures (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Disclosure of operating segments [line items]
Capital expenditures	$ 3,098	$ 2,486
Cash expenditures	3,049	2,435
Increase (decrease) in accrued capital expenditures	49	51
Reportable total [Member]
Disclosure of operating segments [line items]
Capital expenditures	3,197	2,556
Operating segments | Carlin [Member]
Disclosure of operating segments [line items]
Capital expenditures	506	422
Operating segments | Cortez [Member]
Disclosure of operating segments [line items]
Capital expenditures	419	277
Operating segments | Turquoise Ridge [Member]
Disclosure of operating segments [line items]
Capital expenditures	176	144
Operating segments | Pueblo Viejo [Member]
Disclosure of operating segments [line items]
Capital expenditures	629	533
Operating segments | Loulo-Gounkoto [Member]
Disclosure of operating segments [line items]
Capital expenditures	322	313
Operating segments | Kibali [Member]
Disclosure of operating segments [line items]
Capital expenditures	99	70
Operating segments | Veladero
Disclosure of operating segments [line items]
Capital expenditures	167	144
Operating segments | North Mara [Member]
Disclosure of operating segments [line items]
Capital expenditures	156	93
Operating segments | Bulyanhulu [Member]
Disclosure of operating segments [line items]
Capital expenditures	90	80
Operating segments | Other
Disclosure of operating segments [line items]
Capital expenditures	500	351
Operating segments | Reportable segments [member]
Disclosure of operating segments [line items]
Capital expenditures	3,064	2,427
Other items not allocated to segments | Other
Disclosure of operating segments [line items]
Capital expenditures	133	129
Material reconciling items [member] | Kibali [Member]
Disclosure of operating segments [line items]
Capital expenditures	$ (99)	$ (70)

REVENUE - Revenue by Type (Deta

REVENUE - Revenue by Type (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Revenue by type
Revenue	$ 11,013	$ 11,985
Gold
Revenue by type
Revenue	9,920	10,738
Spot market sales
Revenue by type
Revenue	9,597	10,491
Concentrate sales
Revenue by type
Revenue	326	246
Gold provisional pricing adjustments
Revenue by type
Revenue	(3)	1
Copper
Revenue by type
Revenue	868	962
Copper concentrate sales
Revenue by type
Revenue	906	915
Copper provisional pricing adjustments
Revenue by type
Revenue	(38)	47
Other sales
Revenue by type
Revenue	$ 225	$ 285

REVENUE - Narrative (Details)

REVENUE - Narrative (Details) ozt in Thousands, lb in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2022 USD ($) customers lb ozt $ / ounce $ / pound	Dec. 31, 2021 USD ($) lb ozt $ / ounce $ / pound
Disclosure of major customers [line items]
Number of customers who accounts for more than ten percent of revenue | customers	4
Minimum percentage of entity revenue for major customers	10%
Gold
Disclosure of provisional metal sales
Percentage of composition of principal product (as percent)	90%
Volumes subject to final pricing Copper (millions) Gold (000s) | ozt	42	41
Impact on net income before taxation of 10% movement in market price	$ 8	$ 8
Average price of sales subject to final settlement | $ / ounce	1,824	1,819
Percent change in commodity prices used for sensitivity analysis	10%
Copper
Disclosure of provisional metal sales
Volumes subject to final pricing Copper (millions) Gold (000s) | lb	60	45
Impact on net income before taxation of 10% movement in market price	$ 23	$ 20
Average price of sales subject to final settlement | $ / pound	3.80	4.34
Percent change in commodity prices used for sensitivity analysis	10%
Customer 1 [Member]
Disclosure of major customers [line items]
Percentage of entity's revenue	23%
Customer 2 [Member]
Disclosure of major customers [line items]
Percentage of entity's revenue	14%
Customer 3 [Member]
Disclosure of major customers [line items]
Percentage of entity's revenue	11%
Customer 4 [Member]
Disclosure of major customers [line items]
Percentage of entity's revenue	11%

COST OF SALES (Details)

COST OF SALES (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Disclosure of detailed information about cost of sales [Line Items]
Site operating cost	$ 5,014	$ 4,484
Depreciation	1,997	2,102
Royalty expense	445	474
Community relations	41	29
Cost of sales	7,497	7,089
Inventory write-down	104	22
Employee benefits expense	1,448	1,396
Gold
Disclosure of detailed information about cost of sales [Line Items]
Site operating cost	4,678	4,218
Depreciation	1,756	1,889
Royalty expense	342	371
Community relations	37	26
Cost of sales	6,813	6,504
Copper
Disclosure of detailed information about cost of sales [Line Items]
Site operating cost	336	266
Depreciation	223	197
Royalty expense	103	103
Community relations	4	3
Cost of sales	666	569
Other
Disclosure of detailed information about cost of sales [Line Items]
Site operating cost	0	0
Depreciation	18	16
Royalty expense	0	0
Community relations	0	0
Cost of sales	$ 18	$ 16

EXPLORATION, EVALUATION AND P_3

EXPLORATION, EVALUATION AND PROJECT EXPENSES (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Disclosure of detailed information about exploration, evaluation and project expenses [Line Items]
Total exploration, evaluation and project expenses	$ 350	$ 287
Corporate and other
Disclosure of detailed information about exploration, evaluation and project expenses [Line Items]
Global exploration and evaluation	123	122
Corporate development	15	16
Minesite exploration and evaluation	75	64
Pascua-Lama
Disclosure of detailed information about exploration, evaluation and project expenses [Line Items]
Project costs	52	46
Pueblo Viejo [Member]
Disclosure of detailed information about exploration, evaluation and project expenses [Line Items]
Project costs	24	3
Reko Diq [Member]
Disclosure of detailed information about exploration, evaluation and project expenses [Line Items]
Project costs	14	10
Other projects [Member]
Disclosure of detailed information about exploration, evaluation and project expenses [Line Items]
Project costs	$ 47	$ 26

OTHER EXPENSE (INCOME) - Other

OTHER EXPENSE (INCOME) - Other Expense (Income) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Other Expense:
Litigation costs	$ 22	$ 17
Write-offs	15	12
Bank charges	5	7
Porgera care and maintenance costs	53	51
Supplies obsolescence	48	21
Litigation accruals and settlements	19	25
Other	28	17
Total other expense	190	150
Other Income:
Gains on sale of long-lived assets	(405)	(213)
Income from reimbursements under insurance policies	(22)	0
Loss (gain) on warrant investments at FVPL	(4)	16
Gain on non-hedge derivatives	(7)	(2)
Interest income	(17)	(15)
Other	(3)	(3)
Total other income	(458)	(217)
Total	(268)	(67)
Reko Diq [Member]
Other Income:
Other gains (losses)	(300)
Royalty portfolios sold to Maverix Metals Inc. and Gold Royalty Corp. [Member]
Other Income:
Gains on sale of long-lived assets	$ (63)
Lone Tree [Member]
Other Income:
Gains on sale of long-lived assets		$ (205)

IMPAIRMENT REVERSALS (Details)

IMPAIRMENT REVERSALS (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Disclosure of impairment loss and reversal of impairment loss [line items]
Impairment (reversals) charges	$ 1,671	$ (63)
Non-current assets [Member]
Disclosure of impairment loss and reversal of impairment loss [line items]
Impairment (reversals) charges	483	(63)
Goodwill
Disclosure of impairment loss and reversal of impairment loss [line items]
Impairment (reversals) charges	$ 1,188	$ 0

GENERAL AND ADMINISTRATIVE EX_3

GENERAL AND ADMINISTRATIVE EXPENSES (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Disclosure of general and administrative expense [Line Items]
Corporate administration	$ 125	$ 118
Expense from share-based payment transactions with employees	34	33
Total general and administrative expenses	159	151
Employee costs	$ 93	$ 101

INCOME TAX EXPENSE - Schedule o

INCOME TAX EXPENSE - Schedule of Components of Income Tax Expense (Recovery) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Tax on profit - current tax
Current tax expense (income) for the year	$ 699	$ 1,031
Current tax adjustment in respect of prior years	6	(32)
Current tax	705	999
Tax on profit - deferred tax
Deferred tax expense (income) relating to origination and reversal of temporary differences in the current year	(52)	289
Deferred tax adjustment in respect of prior years	11	56
Deferred tax	(41)	345
Tax expense related to continuing operations - current tax
Current domestic tax expense (income) and adjustments for current tax of prior periods	(8)	(9)
Current foreign tax expense (income) and adjustments for current tax of prior periods	713	1,008
Current tax	705	999
Tax expense relating to continuing operations - deferred tax
Deferred domestic tax expense (income) and adjustments for deferred tax of prior periods	3	38
Deferred foreign tax expense (income) and adjustments for deferred tax of prior periods	(44)	307
Deferred tax	(41)	345
Income tax expense	$ 664	$ 1,344

INCOME TAX EXPENSE - Reconcilia

INCOME TAX EXPENSE - Reconciliation to Canadian Statutory Rate (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Disclosure of major components of tax expense (income) [Table]
Applicable tax rate	26.50%	26.50%
Tax expense (income) at applicable tax rate	$ 446	$ 1,228
Increase (decrease) due to:
Allowances and special tax deductions	(146)	(138)
Impact of foreign tax rates	(146)	(84)
Non-deductible expenses / (non-taxable income)	(38)	118
Goodwill impairment charges not tax deductible	325	0
Taxable gains on sales of non-current assets	1	24
Net currency translation losses on current and deferred tax balances	59	23
Tax impact from pass-through entities and equity accounted investments	(196)	(330)
Current year tax results sheltered by previously unrecognized deferred tax assets	33	(18)
Recognition and de-recognition of deferred tax assets	15	(31)
Adjustments in respect of prior years	17	24
Increase to income tax related contingent liabilities	13	19
Impact of tax rate changes	0	66
Withholding taxes	82	110
Mining taxes	201	323
Tax impact of amounts recognized within accumulated OCI	(7)	8
Other items	5	2
Income tax expense	$ 664	$ 1,344

INCOME TAX EXPENSE - Narrative

INCOME TAX EXPENSE - Narrative (Details) - USD ($) $ in Millions		1 Months Ended	12 Months Ended
	Jul. 01, 2021	Aug. 31, 2022	Dec. 31, 2022	Dec. 31, 2021
Disclosure of major components of tax expense (income) [Line Items]
Net currency translation losses on current and deferred tax balances			$ 59	$ 23
Corporate alternative minimum tax rate		15%
Proportion of ownership interest in subsidiary			100%
Impairment (reversals) charges			$ 1,671	(63)
Deferred tax expense (recovery) arising from reversal of impairment			(193)	0
Non-current assets or disposal groups classified as held for sale [member]
Disclosure of major components of tax expense (income) [Line Items]
Impairment (reversals) charges			483	(63)
Argentina, United States [Member]
Disclosure of major components of tax expense (income) [Line Items]
Dividends withholding taxes related to undistributed earnings			29
Argentina, Cote d'Ivoire, Saudi Arabia, United States [Member]
Disclosure of major components of tax expense (income) [Line Items]
Dividends withholding taxes related to undistributed earnings				66
Tanzania, United States [Member]
Disclosure of major components of tax expense (income) [Line Items]
Dividends withholding taxes related to distributed earnings			$ 36
Argentina, Saudi Arabia, United States [Member]
Disclosure of major components of tax expense (income) [Line Items]
Dividends withholding taxes related to distributed earnings				33
NEVADA
Disclosure of major components of tax expense (income) [Line Items]
Net proceeds of minerals tax rate			5%
Current net proceeds of minerals tax expense (income)			$ 88	136
Dominican Republic
Disclosure of major components of tax expense (income) [Line Items]
Current net profits interest tax expense (income)			110	180
Maximum | NEVADA
Disclosure of major components of tax expense (income) [Line Items]
Mining excise tax rate	1.10%
Non-current assets [Member]
Disclosure of major components of tax expense (income) [Line Items]
Impairment (reversals) charges			483	(63)
Goodwill
Disclosure of major components of tax expense (income) [Line Items]
Impairment (reversals) charges			$ 1,188	$ 0
Nevada Gold Mines
Disclosure of major components of tax expense (income) [Line Items]
Proportion of ownership interest in subsidiary			61.50%

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Basic earnings per share [abstract]
Net income	$ 1,017	$ 3,288
Net income attributable to non-controlling interests	(585)	(1,266)
Net income attributable to equity holders of Barrick Gold Corporation - Basic	$ 432	$ 2,022
Weighted average shares outstanding - Basic	1,771	1,779
Basic earnings per share data attributable to the equity holders of Barrick Gold Corporation (in USD per share)	$ 0.24	$ 1.14
Diluted earnings per share [abstract]
Net income	$ 1,017	$ 3,288
Net income attributable to non-controlling interests	(585)	(1,266)
Net income attributable to equity holders of Barrick Gold Corporation - Diluted	$ 432	$ 2,022
Weighted average shares outstanding - Diluted	1,771	1,779
Diluted earnings per share data attributable to the equity holders of Barrick Gold Corporation (in USD per share)	$ 0.24	$ 1.14

FINANCE COSTS, NET (Details)

FINANCE COSTS, NET (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Disclosure of detailed information about finance costs [Line Items]
Interest expense	$ 366	$ 357
Amortization of debt issue costs	1	1
Amortization of premium	0	(1)
Interest on lease liabilities	4	5
Loss on interest rate hedges	1	3
Interest capitalized	(29)	(16)
Accretion expense	66	48
Gain on debt extinguishment	(14)	0
Finance income	(94)	(42)
Total	301	355
Interest paid, classified as operating activities	$ 305	$ 303
Capitalisation rate of borrowing costs eligible for capitalisation	6.20%	6%

CASH FLOW _ OTHER ITEMS (Detail

CASH FLOW – OTHER ITEMS (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Cash flow arising from changes in:
Gain on non-hedge derivatives	$ (7)	$ (2)
Stock-based compensation expense	55	81
Loss (gain) on warrant investments at FVPL	(4)	16
Change in estimate of rehabilitation costs at closed mines	(136)	18
Inventory impairment charges (note 17)	66	13
Supplies obsolescence	48	21
Change in other assets and liabilities	(28)	(120)
Settlement of stock-based compensation	(66)	(97)
Settlement of rehabilitation obligations	(145)	(133)
Other operating activities	(217)	(203)
Cash flow arising from changes in:
Accounts receivable	89	(46)
Inventory	(219)	(163)
Other current assets	(261)	(178)
Accounts payable	93	140
Other current liabilities	(24)	(26)
Change in working capital	(322)	(273)
Financing Cash Flows - Other Items
Pueblo Viejo JV partner shareholder loan	177	131
GoT shareholder loan	0	(16)
Gain on debt extinguishment	14	0
Other financing activities	$ 191	$ 115

INVESTMENTS - Equity Accounting

INVESTMENTS - Equity Accounting Method Investment Continuity (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Disclosure of joint ventures [line items]
Investments, beginning balance	$ 4,594
Equity pick-up from equity investees	258	$ 446
Investments, ending balance	3,983	4,594
Joint ventures
Disclosure of joint ventures [line items]
Investments, beginning balance	4,594	4,670
Equity pick-up from equity investees	258	446
Dividends received from equity investees	(869)	(520)
Shareholder loan repayment		(2)
Investments, ending balance	3,983	4,594
Kibali [Member]
Disclosure of joint ventures [line items]
Investments, beginning balance	3,267	3,279
Equity pick-up from equity investees	86	219
Dividends received from equity investees	(694)	(231)
Shareholder loan repayment		0
Investments, ending balance	$ 2,659	3,267
Proportion of ownership interest in associate	45%
Jabal Sayid [Member]
Disclosure of joint ventures [line items]
Investments, beginning balance	$ 382	369
Equity pick-up from equity investees	124	159
Dividends received from equity investees	(124)	(146)
Shareholder loan repayment		0
Investments, ending balance	382	382
Zaldivar [Member]
Disclosure of joint ventures [line items]
Investments, beginning balance	893	967
Equity pick-up from equity investees	47	68
Dividends received from equity investees	(50)	(142)
Shareholder loan repayment		0
Investments, ending balance	890	893
Other
Disclosure of joint ventures [line items]
Investments, beginning balance	52	55
Equity pick-up from equity investees	1	0
Dividends received from equity investees	(1)	(1)
Shareholder loan repayment		(2)
Investments, ending balance	$ 52	$ 52

INVESTMENTS - Summarized Equity

INVESTMENTS - Summarized Equity Investee Financial Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Kibali [Member]
Disclosure of joint ventures [line items]
Revenue	$ 1,328	$ 1,469
Cost of sales (excluding depreciation)	528	513
Depreciation	390	308
Finance expense (income)	0	0
Other expense (income)	104	38
Income before income taxes	306	610
Income tax expense	(121)	(125)
Net income	185	485
Total comprehensive income	185	485
Net income (net of non-controlling interests)	172	438
Jabal Sayid [Member]
Disclosure of joint ventures [line items]
Revenue	539	597
Cost of sales (excluding depreciation)	170	157
Depreciation	49	42
Finance expense (income)	0	1
Other expense (income)	4	(5)
Income before income taxes	316	402
Income tax expense	(67)	(84)
Net income	249	318
Total comprehensive income	249	318
Net income (net of non-controlling interests)	249	318
Zaldivar [Member]
Disclosure of joint ventures [line items]
Revenue	781	847
Cost of sales (excluding depreciation)	463	469
Depreciation	147	158
Finance expense (income)	1	(4)
Other expense (income)	32	25
Income before income taxes	138	199
Income tax expense	(44)	(61)
Net income	94	138
Total comprehensive income	94	138
Net income (net of non-controlling interests)	$ 94	$ 138

INVESTMENTS - Summarized Balanc

INVESTMENTS - Summarized Balance Sheet (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Kibali [Member]
Disclosure of joint ventures [line items]
Cash and cash equivalents	$ 92	$ 1,116
Other current assets	194	255
Current assets	286	1,371
Non-current assets	3,905	3,959
Assets	4,191	5,330
Current financial liabilities (excluding trade, other payables & provisions)	13	14
Other current liabilities	126	141
Current liabilities	139	155
Non-current financial liabilities (excluding trade, other payables & provisions)	51	42
Other non-current liabilities	785	706
Non-current liabilities	836	748
Total liabilities	975	903
Total equity	3,216	4,427
Net assets (net of non-controlling interests)	$ 3,095	4,312
Proportion of interest held by joint operations operator	90%
Jabal Sayid [Member]
Disclosure of joint ventures [line items]
Cash and cash equivalents	$ 77	85
Other current assets	151	178
Current assets	228	263
Non-current assets	405	419
Assets	633	682
Current financial liabilities (excluding trade, other payables & provisions)	9	13
Other current liabilities	95	136
Current liabilities	104	149
Non-current financial liabilities (excluding trade, other payables & provisions)	4	0
Other non-current liabilities	6	14
Non-current liabilities	10	14
Total liabilities	114	163
Total equity	519	519
Net assets (net of non-controlling interests)	519	519
Zaldivar [Member]
Disclosure of joint ventures [line items]
Cash and cash equivalents	72	171
Other current assets	559	493
Current assets	631	664
Non-current assets	2,013	2,031
Assets	2,644	2,695
Current financial liabilities (excluding trade, other payables & provisions)	90	84
Other current liabilities	125	142
Current liabilities	215	226
Non-current financial liabilities (excluding trade, other payables & provisions)	87	134
Other non-current liabilities	542	529
Non-current liabilities	629	663
Total liabilities	844	889
Total equity	1,800	1,806
Net assets (net of non-controlling interests)	1,800	1,806
Current inventories	$ 443	$ 384

INVESTMENTS - Reconciliation of

INVESTMENTS - Reconciliation of Summarized Financial Information to Carrying Value (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Joint ventures
Disclosure of joint ventures [line items]
Carrying value	$ 3,983	$ 4,594	$ 4,670
Kibali [Member]
Disclosure of joint ventures [line items]
Opening net assets	4,312
Income for the period (net of non-controlling interests)	172	438
Dividends received from equity investees	(1,389)
Closing net assets	3,095	4,312
Barrick's share of net assets	1,548
Equity earnings adjustment	0
Goodwill recognition	1,111
Carrying value	$ 2,659	3,267	3,279
Proportion of interest held by joint operations operator	90%
Jabal Sayid [Member]
Disclosure of joint ventures [line items]
Opening net assets	$ 519
Income for the period (net of non-controlling interests)	249	318
Dividends received from equity investees	(249)
Closing net assets	519	519
Barrick's share of net assets	259
Equity earnings adjustment	0
Goodwill recognition	123
Carrying value	382	382	369
Zaldivar [Member]
Disclosure of joint ventures [line items]
Opening net assets	1,806
Income for the period (net of non-controlling interests)	94	138
Dividends received from equity investees	(100)
Closing net assets	1,800	1,806
Barrick's share of net assets	900
Equity earnings adjustment	(10)
Goodwill recognition	0
Carrying value	$ 890	$ 893	$ 967

INVENTORIES - Inventories By Ty

INVENTORIES - Inventories By Type (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Disclosure of detailed information about inventory [Line Items]
Ore in stockpiles	$ 2,959	$ 2,761
Ore on leach pads	641	663
Current inventories	1,781	1,734
Gold
Disclosure of detailed information about inventory [Line Items]
Ore in stockpiles	2,809	2,587
Ore on leach pads	641	663
Mine operating supplies	704	593
Work in process	138	108
Finished products	89	76
Inventories	4,381	4,027
Non-current ore in stockpiles and on leach pads	(2,669)	(2,462)
Current inventories	1,712	1,565
Copper
Disclosure of detailed information about inventory [Line Items]
Ore in stockpiles	150	174
Ore on leach pads	0	0
Mine operating supplies	59	79
Work in process	0	0
Finished products	10	90
Inventories	219	343
Non-current ore in stockpiles and on leach pads	(150)	(174)
Current inventories	$ 69	$ 169

INVENTORIES - Inventory Impairm

INVENTORIES - Inventory Impairment Charges (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Disclosure of operating segments [line items]
Inventory impairment charges	$ 104	$ 22
Veladero [Member]
Disclosure of operating segments [line items]
Inventory impairment charges	42	0
Carlin [Member]
Disclosure of operating segments [line items]
Inventory impairment charges	33	0
Lumwana [Member]
Disclosure of operating segments [line items]
Inventory impairment charges	19	0
Cortez [Member]
Disclosure of operating segments [line items]
Inventory impairment charges	$ 10	$ 22

INVENTORIES - Ore in Stockpiles

INVENTORIES - Ore in Stockpiles and on Leach Pads (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Disclosure of operating segments [line items]
Ore in stockpiles	$ 2,959	$ 2,761
Ore on leach pads	641	663
Gold
Disclosure of operating segments [line items]
Ore in stockpiles	2,809	2,587
Ore on leach pads	641	663
Gold | Carlin [Member]
Disclosure of operating segments [line items]
Ore in stockpiles	1,129	986
Ore on leach pads	196	209
Gold | Pueblo Viejo [Member]
Disclosure of operating segments [line items]
Ore in stockpiles	712	674
Gold | Turquoise Ridge [Member]
Disclosure of operating segments [line items]
Ore in stockpiles	354	405
Ore on leach pads	37	41
Gold | Loulo-Gounkoto [Member]
Disclosure of operating segments [line items]
Ore in stockpiles	175	161
Gold | North Mara [Member]
Disclosure of operating segments [line items]
Ore in stockpiles	165	93
Gold | Cortez [Member]
Disclosure of operating segments [line items]
Ore in stockpiles	104	81
Ore on leach pads	112	113
Gold | Phoenix [Member]
Disclosure of operating segments [line items]
Ore in stockpiles	78	73
Ore on leach pads	26	23
Gold | Veladero
Disclosure of operating segments [line items]
Ore in stockpiles	40	51
Ore on leach pads	238	196
Gold | Porgera [Member]
Disclosure of operating segments [line items]
Ore in stockpiles	30	30
Gold | Tongon [Member]
Disclosure of operating segments [line items]
Ore in stockpiles	20	33
Gold | Bulyanhulu [Member]
Disclosure of operating segments [line items]
Ore in stockpiles	2	0
Gold | Long Canyon [Member]
Disclosure of operating segments [line items]
Ore on leach pads	32	77
Gold | Pierina
Disclosure of operating segments [line items]
Ore on leach pads	0	4
Copper
Disclosure of operating segments [line items]
Ore in stockpiles	150	174
Ore on leach pads	0	0
Copper | Lumwana [Member]
Disclosure of operating segments [line items]
Ore in stockpiles	$ 150	$ 174

INVENTORIES - Narrative (Detail

INVENTORIES - Narrative (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Inventories [Abstract]
Purchase obligation for supplies and consumables	$ 1,753	$ 1,718

ACCOUNTS RECEIVABLE AND OTHER_3

ACCOUNTS RECEIVABLE AND OTHER CURRENT ASSETS (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Accounts receivable
Amounts due from concentrate sales	$ 188	$ 242
Other receivables	366	381
Accounts receivable	554	623
Other current assets
Restricted cash	945	0
Value added taxes recoverable	352	319
Prepaid expenses	243	206
Derivative assets	59	0
Miscellaneous current assets	91	87
Other current assets	1,690	612
Mali
Other current assets
VAT and fuel tax recoverables	49	25
Tanzania
Other current assets
VAT and fuel tax recoverables	66	90
Zambia
Other current assets
VAT and fuel tax recoverables	172	141
Asset arising from tax settlement	50	50
Argentina
Other current assets
VAT and fuel tax recoverables	32	39
Dominican Republic
Other current assets
VAT and fuel tax recoverables	$ 12	$ 11

PROPERTY, PLANT AND EQUIPMENT -

PROPERTY, PLANT AND EQUIPMENT - Property, Plant and Equipment by Type (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Reconciliation of changes in property, plant and equipment [abstract]
Property, plant and equipment, beginning balance	$ 24,954	$ 24,628
Additions	2,868	2,543
Capitalized interest	29	16
Acquisitions	744
Divestiture		(53)
Disposals	(5)	(18)
Depreciation	(2,195)	(2,192)
Impairment reversals (charges)	(574)	30
Transfers	0	0
Property, plant and equipment, ending balance	25,821	24,954
Cost
Reconciliation of changes in property, plant and equipment [abstract]
Property, plant and equipment, beginning balance	64,937	63,793
Property, plant and equipment, ending balance	68,542	64,937
Accumulated depreciation and impairments
Reconciliation of changes in property, plant and equipment [abstract]
Property, plant and equipment, beginning balance	(39,983)	(39,165)
Property, plant and equipment, ending balance	(42,721)	(39,983)
Buildings, plant and equipment [member]
Reconciliation of changes in property, plant and equipment [abstract]
Property, plant and equipment, beginning balance	6,536	7,473
Additions	30	23
Capitalized interest	0	0
Acquisitions	0
Divestiture		(50)
Disposals	(4)	(7)
Depreciation	(966)	(1,139)
Impairment reversals (charges)	(120)	42
Transfers	1,273	194
Property, plant and equipment, ending balance	6,749	6,536
Buildings, plant and equipment [member] | Cost
Reconciliation of changes in property, plant and equipment [abstract]
Property, plant and equipment, beginning balance	17,237	18,361
Property, plant and equipment, ending balance	18,469	17,237
Buildings, plant and equipment [member] | Accumulated depreciation and impairments
Reconciliation of changes in property, plant and equipment [abstract]
Property, plant and equipment, beginning balance	(10,701)	(10,888)
Property, plant and equipment, ending balance	(11,720)	(10,701)
Mining property subject to depreciation [Member]
Reconciliation of changes in property, plant and equipment [abstract]
Property, plant and equipment, beginning balance	14,485	13,569
Additions	(139)	154
Capitalized interest	0	0
Acquisitions	0
Divestiture		(2)
Disposals	(1)	(1)
Depreciation	(1,229)	(1,053)
Impairment reversals (charges)	(442)	(13)
Transfers	1,326	1,831
Property, plant and equipment, ending balance	14,000	14,485
Mining property subject to depreciation [Member] | Cost
Reconciliation of changes in property, plant and equipment [abstract]
Property, plant and equipment, beginning balance	31,824	29,901
Property, plant and equipment, ending balance	33,046	31,824
Mining property subject to depreciation [Member] | Accumulated depreciation and impairments
Reconciliation of changes in property, plant and equipment [abstract]
Property, plant and equipment, beginning balance	(17,339)	(16,332)
Property, plant and equipment, ending balance	(19,046)	(17,339)
Mining property not subject to depreciation [Member]
Reconciliation of changes in property, plant and equipment [abstract]
Property, plant and equipment, beginning balance	3,933	3,586
Additions	2,977	2,366
Capitalized interest	29	16
Acquisitions	744
Divestiture		(1)
Disposals	0	(10)
Depreciation	0	0
Impairment reversals (charges)	(12)	1
Transfers	(2,599)	(2,025)
Property, plant and equipment, ending balance	5,072	3,933
Mining property not subject to depreciation [Member] | Cost
Reconciliation of changes in property, plant and equipment [abstract]
Property, plant and equipment, beginning balance	15,876	15,531
Property, plant and equipment, ending balance	17,027	15,876
Mining property not subject to depreciation [Member] | Accumulated depreciation and impairments
Reconciliation of changes in property, plant and equipment [abstract]
Property, plant and equipment, beginning balance	(11,943)	(11,945)
Property, plant and equipment, ending balance	$ (11,955)	$ (11,943)

PROPERTY, PLANT AND EQUIPMENT_2

PROPERTY, PLANT AND EQUIPMENT - Mineral Property Costs Not Subject to Depreciation (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Mining property not subject to depreciation [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Property, plant and equipment	$ 5,072	$ 3,933	$ 3,586
Mining property not subject to depreciation [Member] | Pascua-Lama
Disclosure of detailed information about property, plant and equipment [line items]
Property, plant and equipment	727	780
Mining property not subject to depreciation [Member] | Norte Abierto Project
Disclosure of detailed information about property, plant and equipment [line items]
Property, plant and equipment	670	662
Mining property not subject to depreciation [Member] | Reko Diq [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Property, plant and equipment	744	0
Mining property not subject to depreciation [Member] | Donlin Gold
Disclosure of detailed information about property, plant and equipment [line items]
Property, plant and equipment	239	212
Construction-in-progress
Disclosure of detailed information about property, plant and equipment [line items]
Property, plant and equipment	2,553	2,114
Acquired mineral resources and exploration potential
Disclosure of detailed information about property, plant and equipment [line items]
Property, plant and equipment	$ 139	$ 165

PROPERTY, PLANT AND EQUIPMENT_3

PROPERTY, PLANT AND EQUIPMENT - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Disclosure of detailed information about property, plant and equipment [line items]
Additions to right-of-use assets	$ 30	$ 22
Depreciation, right-of-use assets	(20)	(18)
Net carrying amount of right-of-use assets	61	53
Expense relating to short-term leases for which recognition exemption has been used	6	10
Expense relating to variable lease payments not included in measurement of lease liabilities	88	67
Mining property subject to depreciation [Member] | Revision of LOM Plan
Disclosure of detailed information about property, plant and equipment [line items]
Effect of changes in our LOM on amortization expense	80	128
Construction activities
Disclosure of detailed information about property, plant and equipment [line items]
Capital commitments	$ 399	$ 443

GOODWILL AND OTHER INTANGIBLE_3

GOODWILL AND OTHER INTANGIBLE ASSETS - Intangible Assets (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Reconciliation of changes in intangible assets other than goodwill [abstract]
Intangible assets, beginning balance	$ 150	$ 169
Disposals		(16)
Amortisation and impairment loss, intangible assets other than goodwill	(1)	(3)
Intangible assets, ending balance	149	150
Cost
Reconciliation of changes in intangible assets other than goodwill [abstract]
Intangible assets, ending balance	369
Accumulated amortization and impairment losses
Reconciliation of changes in intangible assets other than goodwill [abstract]
Intangible assets, ending balance	(220)
Water rights
Reconciliation of changes in intangible assets other than goodwill [abstract]
Intangible assets, beginning balance	61	67
Disposals		(6)
Amortisation and impairment loss, intangible assets other than goodwill	0	0
Intangible assets, ending balance	61	61
Water rights | Cost
Reconciliation of changes in intangible assets other than goodwill [abstract]
Intangible assets, ending balance	61
Water rights | Accumulated amortization and impairment losses
Reconciliation of changes in intangible assets other than goodwill [abstract]
Intangible assets, ending balance	0
Technology
Reconciliation of changes in intangible assets other than goodwill [abstract]
Intangible assets, beginning balance	6	6
Disposals		0
Amortisation and impairment loss, intangible assets other than goodwill	0	0
Intangible assets, ending balance	6	6
Technology | Cost
Reconciliation of changes in intangible assets other than goodwill [abstract]
Intangible assets, ending balance	17
Technology | Accumulated amortization and impairment losses
Reconciliation of changes in intangible assets other than goodwill [abstract]
Intangible assets, ending balance	(11)
Supply contracts
Reconciliation of changes in intangible assets other than goodwill [abstract]
Intangible assets, beginning balance	1	4
Disposals		0
Amortisation and impairment loss, intangible assets other than goodwill	(1)	(3)
Intangible assets, ending balance	0	1
Supply contracts | Cost
Reconciliation of changes in intangible assets other than goodwill [abstract]
Intangible assets, ending balance	39
Supply contracts | Accumulated amortization and impairment losses
Reconciliation of changes in intangible assets other than goodwill [abstract]
Intangible assets, ending balance	(39)
Exploration potential
Reconciliation of changes in intangible assets other than goodwill [abstract]
Intangible assets, beginning balance	82	92
Disposals		(10)
Amortisation and impairment loss, intangible assets other than goodwill	0	0
Intangible assets, ending balance	82	$ 82
Exploration potential | Cost
Reconciliation of changes in intangible assets other than goodwill [abstract]
Intangible assets, ending balance	252
Exploration potential | Accumulated amortization and impairment losses
Reconciliation of changes in intangible assets other than goodwill [abstract]
Intangible assets, ending balance	$ (170)

GOODWILL AND OTHER INTANGIBLE_4

GOODWILL AND OTHER INTANGIBLE ASSETS - Goodwill (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Reconciliation of changes in goodwill [abstract]
Goodwill, beginning balance	$ 4,769
Impairments	(1,188)	$ 0
Goodwill, ending balance	3,581	4,769
Carlin [Member]
Reconciliation of changes in goodwill [abstract]
Goodwill, beginning balance	1,294
Impairments	0
Goodwill, ending balance	1,294	1,294
Cortez [Member]
Reconciliation of changes in goodwill [abstract]
Goodwill, beginning balance	899
Impairments	0
Goodwill, ending balance	899	899
Turquoise Ridge [Member]
Reconciliation of changes in goodwill [abstract]
Goodwill, beginning balance	722
Impairments	0
Goodwill, ending balance	722	722
Phoenix [Member]
Reconciliation of changes in goodwill [abstract]
Goodwill, beginning balance	119
Impairments	0
Goodwill, ending balance	119	119
Hemlo [Member]
Reconciliation of changes in goodwill [abstract]
Goodwill, beginning balance	63
Impairments	0
Goodwill, ending balance	63	63
Loulo-Gounkoto [Member]
Reconciliation of changes in goodwill [abstract]
Goodwill, beginning balance	1,672
Impairments	(1,188)
Goodwill, ending balance	$ 484	$ 1,672

GOODWILL AND OTHER INTANGIBLE_5

GOODWILL AND OTHER INTANGIBLE ASSETS - Gross Amount and Accumulated Impairment Losses of Goodwill (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Disclosure of reconciliation of changes in goodwill [line items]
Goodwill	$ 3,581	$ 4,769
Cost
Disclosure of reconciliation of changes in goodwill [line items]
Goodwill	12,211
Accumulated impairment losses
Disclosure of reconciliation of changes in goodwill [line items]
Goodwill	$ (8,630)

IMPAIRMENT AND REVERSAL OF NO_3

IMPAIRMENT AND REVERSAL OF NON-CURRENT ASSETS - Impairment Losses (Reversals) (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2022	Dec. 31, 2021
Impairment and reversal of non-current assets
Impairment (reversals) charges		$ 1,671	$ (63)
Impairment loss recognised in profit or loss, goodwill		1,188	0
Veladero [Member]
Impairment and reversal of non-current assets
Impairment (reversals) charges	$ 490
Long Canyon [Member]
Impairment and reversal of non-current assets
Impairment (reversals) charges	$ 84
Lumwana [Member]
Impairment and reversal of non-current assets
Impairment (reversals) charges			0
Individual assets or cash-generating units [member] | Veladero [Member]
Impairment and reversal of non-current assets
Impairment (reversals) charges		490	0
Individual assets or cash-generating units [member] | Reko Diq [Member]
Impairment and reversal of non-current assets
Impairment (reversals) charges		(120)	0
Individual assets or cash-generating units [member] | Long Canyon [Member]
Impairment and reversal of non-current assets
Impairment (reversals) charges		85	0
Individual assets or cash-generating units [member] | Lumwana [Member]
Impairment and reversal of non-current assets
Impairment (reversals) charges		23	0
Individual assets or cash-generating units [member] | Lagunas Norte [Member]
Impairment and reversal of non-current assets
Impairment (reversals) charges		0	(86)
Individual assets or cash-generating units [member] | Golden Sunlight [Member]
Impairment and reversal of non-current assets
Impairment (reversals) charges		0	15
Individual assets or cash-generating units [member] | Pueblo Viejo [Member]
Impairment and reversal of non-current assets
Impairment (reversals) charges		0	(7)
Individual assets or cash-generating units [member] | Tanzania Mines [Member]
Impairment and reversal of non-current assets
Impairment (reversals) charges		0	5
Individual assets or cash-generating units [member] | Hemlo [Member]
Impairment and reversal of non-current assets
Impairment (reversals) charges		0	5
Other assets | Other Mines
Impairment and reversal of non-current assets
Impairment (reversals) charges		5	5
Non-current assets or disposal groups classified as held for sale [member]
Impairment and reversal of non-current assets
Impairment (reversals) charges		$ 483	(63)
Impairment loss recognised in profit or loss, goodwill			$ 0

IMPAIRMENT AND REVERSAL OF NO_4

IMPAIRMENT AND REVERSAL OF NON-CURRENT ASSETS - Narrative (Details) - USD ($) $ in Millions			1 Months Ended	3 Months Ended		11 Months Ended	12 Months Ended
	Jun. 01, 2021	Mar. 31, 2021	Dec. 31, 2022	Dec. 31, 2022	Mar. 31, 2021	Dec. 14, 2022	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2012
Impairment and reversal of non-current assets
Impairment (reversals) charges							$ 1,671	$ (63)
Impairment loss recognised in profit or loss, goodwill							1,188	0
Inventory write-down							$ 104	22
Proportion of ownership interest in subsidiary							100%
Reko Diq [Member]
Impairment and reversal of non-current assets
Impairment (reversals) charges									$ 120
Proportion of ownership interest in subsidiary			50%			37.50%
Proportion of ownership interests held by non-controlling interests			50%				50%
Gain on reconstitution				$ 300
Reversal of impairment loss				120
Reko Diq [Member] | Provincial Government of Balochistan [Member]
Impairment and reversal of non-current assets
Proportion of ownership interests held by non-controlling interests			10%
Reko Diq [Member] | Government of Balochistan special purpose company [Member]
Impairment and reversal of non-current assets
Proportion of ownership interests held by non-controlling interests			15%
Reko Diq [Member] | Other federal state-owned enterprises [Member]
Impairment and reversal of non-current assets
Proportion of ownership interests held by non-controlling interests			25%
Loulo-Gounkoto [Member]
Impairment and reversal of non-current assets
Carrying value			$ 4,260	4,260			$ 4,260
Recoverable amount			3,072	3,072			3,072
Loulo-Gounkoto [Member] | Individual assets or cash-generating units [member]
Impairment and reversal of non-current assets
Impairment loss recognised in profit or loss, goodwill				1,188				0
Veladero [Member]
Impairment and reversal of non-current assets
Carrying value			839	839			839
Impairment (reversals) charges				490
Recoverable amount			479	479			479
Inventory write-down				42
Veladero [Member] | Individual assets or cash-generating units [member]
Impairment and reversal of non-current assets
Impairment (reversals) charges							490	0
Long Canyon [Member]
Impairment and reversal of non-current assets
Carrying value			391	391			391
Impairment (reversals) charges				84
Recoverable amount			319	319			319
Long Canyon [Member] | Individual assets or cash-generating units [member]
Impairment and reversal of non-current assets
Impairment (reversals) charges							85	0
Lagunas Norte [Member]
Impairment and reversal of non-current assets
Percentage of ownership interest sold	100%
Reversal of impairment loss					$ (86)
Lagunas Norte [Member] | Individual assets or cash-generating units [member]
Impairment and reversal of non-current assets
Impairment (reversals) charges							0	(86)
Lagunas Norte [Member] | Maximum
Impairment and reversal of non-current assets
Consideration paid (received)	$ (81)
Lagunas Norte [Member] | At fair value
Impairment and reversal of non-current assets
Consideration paid (received)		$ (63)
Porgera [Member]
Impairment and reversal of non-current assets
Carrying value			$ 327	$ 327			327
Impairment (reversals) charges							$ 0
Proportion of ownership in joint operation							47.50%
Lumwana [Member]
Impairment and reversal of non-current assets
Impairment (reversals) charges								0
Lumwana [Member] | Individual assets or cash-generating units [member]
Impairment and reversal of non-current assets
Impairment (reversals) charges							$ 23	$ 0

IMPAIRMENT AND REVERSAL OF NO_5

IMPAIRMENT AND REVERSAL OF NON-CURRENT ASSETS - Assumptions (Details)	3 Months Ended
	Dec. 31, 2022 $ / lb $ / ounce	Dec. 31, 2021 $ / ounce $ / lb
Copper | Short-term [Member]
Disclosure of impairment assumptions
Estimated mineral price for measurement of fair value less costs of disposal | $ / lb	3.50	4
Copper | Long-term [Member]
Disclosure of impairment assumptions
Estimated mineral price for measurement of fair value less costs of disposal | $ / lb	3.25	3
Copper | Average
Disclosure of impairment assumptions
WACC		12%
Gold | Short-term [Member]
Disclosure of impairment assumptions
Estimated mineral price for measurement of fair value less costs of disposal | $ / ounce	1,700	1,700
Gold | Long-term [Member]
Disclosure of impairment assumptions
Estimated mineral price for measurement of fair value less costs of disposal | $ / ounce	1,550	1,500
Gold | Minimum
Disclosure of impairment assumptions
WACC	4%	3%
Gold | Maximum
Disclosure of impairment assumptions
WACC	13%	8%
Gold | Average
Disclosure of impairment assumptions
WACC	6%	4%
NAV multiple	1.2	1.2
LOM year	20 years	19 years

IMPAIRMENT AND REVERSAL OF NO_6

IMPAIRMENT AND REVERSAL OF NON-CURRENT ASSETS - Sensitivities (Details) $ in Millions	12 Months Ended
	Dec. 31, 2022 USD ($) $ / ounce
Disclosure of information for cash-generating units [line items]
Change in gold price used in assumptions for sensitivity analysis | $ / ounce	100
Change in weighted average cost of capital used in assumptions	1%
Change in NAV multiple used in assumptions for sensitivity analysis	0.1
Loulo-Gounkoto [Member] | Cash-generating units
Disclosure of information for cash-generating units [line items]
Carrying Value	$ 3,165
Bulyanhulu [Member] | Cash-generating units
Disclosure of information for cash-generating units [line items]
Carrying Value	1,047
Veladero [Member] | Cash-generating units
Disclosure of information for cash-generating units [line items]
Carrying Value	561
Long Canyon [Member] | Cash-generating units
Disclosure of information for cash-generating units [line items]
Carrying Value	336
$100 decrease in gold price [Member] | Loulo-Gounkoto [Member]
Disclosure of information for cash-generating units [line items]
Estimated increase (decrease) of asset impairment charge	283
$100 decrease in gold price [Member] | Bulyanhulu [Member]
Disclosure of information for cash-generating units [line items]
Estimated impairment charge (reversal)	278
$100 decrease in gold price [Member] | Veladero [Member]
Disclosure of information for cash-generating units [line items]
Estimated increase (decrease) of asset impairment charge	71
$100 decrease in gold price [Member] | Long Canyon [Member]
Disclosure of information for cash-generating units [line items]
Estimated increase (decrease) of asset impairment charge	55
$100 increase in gold price [Member] | Loulo-Gounkoto [Member]
Disclosure of information for cash-generating units [line items]
Estimated increase (decrease) of asset impairment charge	(617)
$100 increase in gold price [Member] | Veladero [Member]
Disclosure of information for cash-generating units [line items]
Estimated increase (decrease) of asset impairment charge	(90)
$100 increase in gold price [Member] | Long Canyon [Member]
Disclosure of information for cash-generating units [line items]
Estimated impairment charge (reversal)	0
1% decrease in WACC [Member] | Loulo-Gounkoto [Member]
Disclosure of information for cash-generating units [line items]
Estimated increase (decrease) of asset impairment charge	(412)
1% decrease in WACC [Member] | Bulyanhulu [Member]
Disclosure of information for cash-generating units [line items]
Estimated impairment charge (reversal)	155
1% decrease in WACC [Member] | Veladero [Member]
Disclosure of information for cash-generating units [line items]
Estimated increase (decrease) of asset impairment charge	0
1% decrease in WACC [Member] | Long Canyon [Member]
Disclosure of information for cash-generating units [line items]
Estimated impairment charge (reversal)	0
1% increase in WACC [Member] | Loulo-Gounkoto [Member]
Disclosure of information for cash-generating units [line items]
Estimated increase (decrease) of asset impairment charge	0
1% increase in WACC [Member] | Veladero [Member]
Disclosure of information for cash-generating units [line items]
Estimated increase (decrease) of asset impairment charge	0
1% increase in WACC [Member] | Long Canyon [Member]
Disclosure of information for cash-generating units [line items]
Estimated increase (decrease) of asset impairment charge	39
0.1 decrease in NAV multiple [Member] | Loulo-Gounkoto [Member]
Disclosure of information for cash-generating units [line items]
Estimated increase (decrease) of asset impairment charge	0
0.1 decrease in NAV multiple [Member] | Bulyanhulu [Member]
Disclosure of information for cash-generating units [line items]
Estimated impairment charge (reversal)	167
0.1 decrease in NAV multiple [Member] | Veladero [Member]
Disclosure of information for cash-generating units [line items]
Estimated increase (decrease) of asset impairment charge	0
0.1 decrease in NAV multiple [Member] | Long Canyon [Member]
Disclosure of information for cash-generating units [line items]
Estimated increase (decrease) of asset impairment charge	0
0.1 increase in NAV multiple [Member] | Loulo-Gounkoto [Member]
Disclosure of information for cash-generating units [line items]
Estimated increase (decrease) of asset impairment charge	(416)
0.1 increase in NAV multiple [Member] | Veladero [Member]
Disclosure of information for cash-generating units [line items]
Estimated increase (decrease) of asset impairment charge	(55)
0.1 increase in NAV multiple [Member] | Long Canyon [Member]
Disclosure of information for cash-generating units [line items]
Estimated increase (decrease) of asset impairment charge	$ 0

OTHER ASSETS (Details)

OTHER ASSETS (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Disclosure of detailed information about other non-current assets [Line Items]
Value added taxes receivable	$ 218	$ 199
Other investments	112	414
Notes receivable	160	123
Norte Abierto JV Partner Receivable	149	150
Restricted cash	151	147
Non-current prepayments	223	253
Non-current derivative financial assets	0	53
Other	115	170
Other non-current assets	1,128	1,509
Argentina
Disclosure of detailed information about other non-current assets [Line Items]
Value added taxes receivable	29	47
Tanzania
Disclosure of detailed information about other non-current assets [Line Items]
Value added taxes receivable	119	94
Chile
Disclosure of detailed information about other non-current assets [Line Items]
Value added taxes receivable	$ 70	$ 58

ACCOUNTS PAYABLE (Details)

ACCOUNTS PAYABLE (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Disclosure of detailed information about accounts payable [Line Items]
Accounts payable	$ 741	$ 539
Accruals classified as current, other than payroll accruals	556	676
Payroll accruals	259	233
Trade and other current payables	$ 1,556	1,448
Revision of Prior Period, Reclassification, Adjustment [Member]
Disclosure of detailed information about accounts payable [Line Items]
Payroll accruals		$ 233

OTHER CURRENT LIABILITIES (Deta

OTHER CURRENT LIABILITIES (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Disclosure of detailed information about other current liabilities [Line Items]
Payable to Antofagasta plc	$ 945	$ 0
Provision for environmental rehabilitation (note 27b)	191	166
Deposit on Pueblo Viejo gold and silver streaming agreement	54	43
Share-based payments (note 34a)	50	57
Pueblo Viejo JV partner shareholder loan (note 29)	32	9
Other	116	63
Other current liabilities	$ 1,388	$ 338

FINANCIAL INSTRUMENTS - Cash an

FINANCIAL INSTRUMENTS - Cash and Equivalents (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Disclosure of detailed information about financial instruments [line items]
Cash and cash equivalents	$ 4,440	$ 5,280	$ 5,188
Financial assets at amortised cost, category [member]
Disclosure of detailed information about financial instruments [line items]
Cash deposits	2,994	3,691
Term deposits	1,443	1,582
Money market investments	3	7
Cash and cash equivalents	4,440	5,280
Financial assets at amortised cost, category [member] | Cash held in subsidiaries with restrictions
Disclosure of detailed information about financial instruments [line items]
Cash and cash equivalents	$ 0	$ 0

FINANCIAL INSTRUMENTS - Debt an

FINANCIAL INSTRUMENTS - Debt and Interest (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	May 02, 2013	Apr. 03, 2012	Jun. 30, 2011	Oct. 16, 2009
Debt and interest
Repayments	$ (375)	$ (7)
Current borrowings and current portion of non-current borrowings	(13)	(15)
Non-current portion of non-current borrowings	4,769	5,135
5.7% notes
Debt and interest
Borrowings, beginning balance	843	842
Proceeds	0	0
Repayments	0	0
Amortization and other	1	1
Borrowings, ending balance	844	843
Borrowings details
Notional amount	850	850				$ 850
Borrowings, interest rate (as percent)						5.70%
5.25% Notes
Debt and interest
Borrowings, beginning balance	744	744
Proceeds	0	0
Repayments	(375)	0
Amortization and other	3	0
Borrowings, ending balance	372	744
Borrowings details
Notional amount	$ 375	750			$ 750
Borrowings, interest rate (as percent)	5.25%				5.25%
5.80% notes
Debt and interest
Borrowings, beginning balance	$ 395	395
Proceeds	0	0
Repayments	0	0
Amortization and other	1	0
Borrowings, ending balance	396	395
Borrowings details
Notional amount	$ 400	400
Borrowings, interest rate (as percent)	5.80%
6.35% notes
Debt and interest
Borrowings, beginning balance	$ 594	594
Proceeds	0	0
Repayments	0	0
Amortization and other	1	0
Borrowings, ending balance	595	594
Borrowings details
Notional amount	$ 600	600
Borrowings, interest rate (as percent)	6.35%
Other fixed rate notes
Debt and interest
Borrowings, beginning balance	$ 1,082	1,081
Proceeds	0	0
Repayments	0	0
Amortization and other	1	1
Borrowings, ending balance	1,083	1,082
BNAF notes due 2038
Debt and interest
Borrowings, beginning balance	250
Borrowings, ending balance	250	250
BPADF notes due 2039 [Member]
Debt and interest
Borrowings, beginning balance	850
Borrowings, ending balance	850	850
Borrowings details
Notional amount							$ 850
Borrowings, interest rate (as percent)							5.95%
Capital leases
Debt and interest
Borrowings, beginning balance	68	66
Proceeds	0	0
Repayments	(20)	(20)
Amortization and other	22	22
Borrowings, ending balance	70	68
Borrowings details
Current lease liabilities	13	15
Nevada Gold Mines capital leases [Member]
Borrowings details
Lease liabilities	17	18
Loulo-Gounkoto capital leases [Member]
Borrowings details
Lease liabilities	24	25
Veladero capital leases [Member]
Borrowings details
Lease liabilities	9	2
Lumwana capital leases [Member]
Borrowings details
Lease liabilities	4	6
Hemlo capital leases [Member]
Borrowings details
Lease liabilities	2	4
Pascua-Lama capital leases [Member]
Borrowings details
Lease liabilities	2	2
Tongon capital leases [Member]
Borrowings details
Lease liabilities	2	4
Other debt obligations
Debt and interest
Borrowings, beginning balance	581	590
Proceeds	0	0
Repayments	0	(7)
Amortization and other	(3)	(2)
Borrowings, ending balance	578	581
5.75% notes
Debt and interest
Borrowings, beginning balance	843	843
Proceeds	0	0
Repayments	0	0
Amortization and other	1	0
Borrowings, ending balance	844	843
Borrowings details
Notional amount	850	850		$ 850
Borrowings, interest rate (as percent)				5.75%
Total notes and leases [Member]
Debt and interest
Borrowings, beginning balance	5,150	5,155
Proceeds	0	0
Less: Proceeds from current borrowings	0	0
Proceeds from non-current borrowings	0	0
Repayments	(395)	(27)
Less: Repayments of current borrowings	0	0
Repayments of non-current borrowings	(395)	(27)
Amortization and other	27	22
Borrowings, ending balance	4,782	5,150
Current borrowings and current portion of non-current borrowings	(13)	(15)	$ (20)
Non-current portion of non-current borrowings	$ 4,769	$ 5,135	$ 5,135

FINANCIAL INSTRUMENTS - Debt Na

FINANCIAL INSTRUMENTS - Debt Narrative (Details) - USD ($) $ in Millions			1 Months Ended	12 Months Ended
	May 02, 2013	Oct. 16, 2009	Sep. 30, 2008	Dec. 31, 2022	Dec. 31, 2021	Apr. 03, 2012	Jun. 30, 2011
Debt and interest
Repayments				$ 375	$ 7
BNAF Notes
Debt and interest
Notional amount							$ 4,000
5.7% notes
Debt and interest
Notional amount				850	850		$ 850
Borrowings, interest rate (as percent)							5.70%
Repayments				0	0
3.85%/5.25% notes
Debt and interest
Notional amount						$ 2,000
5.25% Notes
Debt and interest
Notional amount				$ 375	750	$ 750
Borrowings, interest rate (as percent)				5.25%		5.25%
Repayments				$ 375	0
BPADF notes due 2039 [Member]
Debt and interest
Notional amount		$ 850
Borrowings, interest rate (as percent)		5.95%
Borrowings, maturity		30
LLCs notes due 2013, due 2019 and due 2038 [Member]
Debt and interest
Notional amount			$ 1,250
7.50% Notes Due 2038
Debt and interest
Notional amount			$ 250
Borrowings, interest rate (as percent)			7.50%
Borrowings, maturity			30
5.75% notes
Debt and interest
Notional amount	$ 3,000
5.75% Notes
Debt and interest
Notional amount	$ 850			850	850
Borrowings, interest rate (as percent)	5.75%
Repayments				0	$ 0
Credit Facility Due 2021
Debt and interest
Repayments	$ 2,000
Credit facility due 2027 [Member]
Debt and interest
Undrawn borrowing facilities				$ 3,000
Basis spread				1%
Line of credit facility, standby rate				0.09%

FINANCIAL INSTRUMENTS - Interes

FINANCIAL INSTRUMENTS - Interest (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Disclosure of detailed information about borrowings [line items]
Interest cost	$ 372	$ 365
Borrowing costs capitalised	(29)	(16)
Interest	343	349
5.7% notes
Disclosure of detailed information about borrowings [line items]
Interest cost	$ 49	$ 49
Effective rate (as percent)	5.74%	5.74%
5.25% Notes
Disclosure of detailed information about borrowings [line items]
Interest cost	$ 37	$ 40
Effective rate (as percent)	5.47%	5.29%
5.80% notes
Disclosure of detailed information about borrowings [line items]
Interest cost	$ 23	$ 23
Effective rate (as percent)	5.85%	5.85%
6.35% notes
Disclosure of detailed information about borrowings [line items]
Interest cost	$ 38	$ 38
Effective rate (as percent)	6.41%	6.41%
Other fixed rate notes
Disclosure of detailed information about borrowings [line items]
Interest cost	$ 70	$ 70
Effective rate (as percent)	6.39%	6.38%
Capital leases
Disclosure of detailed information about borrowings [line items]
Interest cost	$ 4	$ 5
Effective rate (as percent)	6.56%	7.66%
Other debt obligations
Disclosure of detailed information about borrowings [line items]
Interest cost	$ 35	$ 35
Effective rate (as percent)	6.25%	6.25%
5.75% notes
Disclosure of detailed information about borrowings [line items]
Interest cost	$ 49	$ 49
Effective rate (as percent)	5.79%	5.79%
Other interest [Member]
Disclosure of detailed information about borrowings [line items]
Interest cost	$ 34	$ 21
Deposits on Pascua-Lama silver sale agreement (note 29)
Disclosure of detailed information about borrowings [line items]
Interest cost	$ 4	$ 4
Effective rate (as percent)	2.82%	2.82%
Deposits on Pueblo Viejo gold and silver streaming agreement (note 29)
Disclosure of detailed information about borrowings [line items]
Interest cost	$ 29	$ 31
Effective rate (as percent)	6.07%	6.24%

FINANCIAL INSTRUMENTS - Schedul

FINANCIAL INSTRUMENTS - Scheduled Debt Repayments (Details) $ in Millions	Dec. 31, 2022 USD ($)
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	$ 4,734
Minimum annual payments under leases	70
7.73% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	7
7.70% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	5
7.37% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	32
8.05% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	15
6.38% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	200
5.80% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	200
5.80% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	200
6.45% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	300
6.35% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	600
7.50% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	250
5.95% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	850
5.7% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	850
5.25% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	375
5.75% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	850
2023
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
Minimum annual payments under leases	13
2023 | 7.73% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2023 | 7.70% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2023 | 7.37% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2023 | 8.05% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2023 | 6.38% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2023 | 5.80% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2023 | 5.80% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2023 | 6.45% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2023 | 6.35% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2023 | 7.50% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2023 | 5.95% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2023 | 5.7% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2023 | 5.25% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2023 | 5.75% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2024
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
Minimum annual payments under leases	9
2024 | 7.73% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2024 | 7.70% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2024 | 7.37% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2024 | 8.05% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2024 | 6.38% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2024 | 5.80% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2024 | 5.80% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2024 | 6.45% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2024 | 6.35% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2024 | 7.50% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2024 | 5.95% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2024 | 5.7% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2024 | 5.25% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2024 | 5.75% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2025
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	12
Minimum annual payments under leases	9
2025 | 7.73% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	7
2025 | 7.70% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	5
2025 | 7.37% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2025 | 8.05% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2025 | 6.38% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2025 | 5.80% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2025 | 5.80% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2025 | 6.45% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2025 | 6.35% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2025 | 7.50% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2025 | 5.95% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2025 | 5.7% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2025 | 5.25% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2025 | 5.75% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2026
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	47
Minimum annual payments under leases	9
2026 | 7.73% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2026 | 7.70% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2026 | 7.37% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	32
2026 | 8.05% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	15
2026 | 6.38% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2026 | 5.80% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2026 | 5.80% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2026 | 6.45% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2026 | 6.35% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2026 | 7.50% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2026 | 5.95% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2026 | 5.7% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2026 | 5.25% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2026 | 5.75% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2027
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
Minimum annual payments under leases	8
2027 | 7.73% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2027 | 7.70% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2027 | 7.37% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2027 | 8.05% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2027 | 6.38% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2027 | 5.80% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2027 | 5.80% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2027 | 6.45% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2027 | 6.35% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2027 | 7.50% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2027 | 5.95% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2027 | 5.7% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2027 | 5.25% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2027 | 5.75% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2028 and thereafter
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	4,675
Minimum annual payments under leases	22
2028 and thereafter | 7.73% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2028 and thereafter | 7.70% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2028 and thereafter | 7.37% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2028 and thereafter | 8.05% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	0
2028 and thereafter | 6.38% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	200
2028 and thereafter | 5.80% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	200
2028 and thereafter | 5.80% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	200
2028 and thereafter | 6.45% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	300
2028 and thereafter | 6.35% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	600
2028 and thereafter | 7.50% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	250
2028 and thereafter | 5.95% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	850
2028 and thereafter | 5.7% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	850
2028 and thereafter | 5.25% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	375
2028 and thereafter | 5.75% notes
Scheduled debt repayments [abstract]
Total undiscounted cash flows of borrowings	$ 850

FINANCIAL INSTRUMENTS - Summary

FINANCIAL INSTRUMENTS - Summary of Derivatives (Details) $ in Millions	Dec. 31, 2022 USD ($)
Derivatives
Disclosure of detailed information about financial instruments [line items]
Notional amount	$ 0

FAIR VALUE MEASUREMENTS - Asset

FAIR VALUE MEASUREMENTS - Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - Recurring fair value measurement - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Disclosure of fair value measurement of assets [line items]
Financial assets, at fair value	$ 359	$ 709
Quoted Prices in Active Markets for Identical Assets (Level 1)
Disclosure of fair value measurement of assets [line items]
Financial assets, at fair value	112	414
Significant Other Observable Inputs (Level 2)
Disclosure of fair value measurement of assets [line items]
Financial assets, at fair value	247	295
Significant Unobservable Inputs (Level 3)
Disclosure of fair value measurement of assets [line items]
Financial assets, at fair value	0	0
Other investments [Member]
Disclosure of fair value measurement of assets [line items]
Financial assets, at fair value	112	414
Other investments [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1)
Disclosure of fair value measurement of assets [line items]
Financial assets, at fair value	112	414
Other investments [Member] | Significant Other Observable Inputs (Level 2)
Disclosure of fair value measurement of assets [line items]
Financial assets, at fair value	0	0
Other investments [Member] | Significant Unobservable Inputs (Level 3)
Disclosure of fair value measurement of assets [line items]
Financial assets, at fair value	0	0
Derivatives
Disclosure of fair value measurement of assets [line items]
Financial assets, at fair value	59	53
Derivatives | Quoted Prices in Active Markets for Identical Assets (Level 1)
Disclosure of fair value measurement of assets [line items]
Financial assets, at fair value	0	0
Derivatives | Significant Other Observable Inputs (Level 2)
Disclosure of fair value measurement of assets [line items]
Financial assets, at fair value	59	53
Derivatives | Significant Unobservable Inputs (Level 3)
Disclosure of fair value measurement of assets [line items]
Financial assets, at fair value	0	0
Receivables from provisional copper and gold sales [Member]
Disclosure of fair value measurement of assets [line items]
Financial assets, at fair value	188	242
Receivables from provisional copper and gold sales [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1)
Disclosure of fair value measurement of assets [line items]
Financial assets, at fair value	0	0
Receivables from provisional copper and gold sales [Member] | Significant Other Observable Inputs (Level 2)
Disclosure of fair value measurement of assets [line items]
Financial assets, at fair value	188	242
Receivables from provisional copper and gold sales [Member] | Significant Unobservable Inputs (Level 3)
Disclosure of fair value measurement of assets [line items]
Financial assets, at fair value	$ 0	$ 0

FAIR VALUE MEASUREMENTS - Fair

FAIR VALUE MEASUREMENTS - Fair Values of Financial Assets and Liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Carrying amount
Disclosure of fair value measurement of assets and liabilities [Line Items]
Financial assets	$ 1,529	$ 849
Financial liabilities	6,344	5,623
Carrying amount | Debt
Disclosure of fair value measurement of assets and liabilities [Line Items]
Financial liabilities	4,782	5,150
Carrying amount | Other liabilities5
Disclosure of fair value measurement of assets and liabilities [Line Items]
Financial liabilities	1,562	473
Carrying amount | Other assets
Disclosure of fair value measurement of assets and liabilities [Line Items]
Financial assets	1,358	382
Carrying amount | Other investments
Disclosure of fair value measurement of assets and liabilities [Line Items]
Financial assets	112	414
Carrying amount | Derivatives
Disclosure of fair value measurement of assets and liabilities [Line Items]
Financial assets	59	53
Estimated fair value
Disclosure of fair value measurement of assets and liabilities [Line Items]
Financial assets	1,529	849
Financial liabilities	6,484	7,401
Estimated fair value | Debt
Disclosure of fair value measurement of assets and liabilities [Line Items]
Financial liabilities	4,922	6,928
Estimated fair value | Other liabilities5
Disclosure of fair value measurement of assets and liabilities [Line Items]
Financial liabilities	1,562	473
Estimated fair value | Other assets
Disclosure of fair value measurement of assets and liabilities [Line Items]
Financial assets	1,358	382
Estimated fair value | Other investments
Disclosure of fair value measurement of assets and liabilities [Line Items]
Financial assets	112	414
Estimated fair value | Derivatives
Disclosure of fair value measurement of assets and liabilities [Line Items]
Financial assets	$ 59	$ 53

FAIR VALUE MEASUREMENTS - Ass_2

FAIR VALUE MEASUREMENTS - Assets and Liabilities Measured at Fair Value on a Non-Recurring Basis (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Disclosure of fair value measurement of assets [line items]
Impairment charges	$ 574	$ (30)
Property, plant and equipment [member]
Disclosure of fair value measurement of assets [line items]
Impairment charges	574
Goodwill
Disclosure of fair value measurement of assets [line items]
Impairment charges	1,188
Non-recurring fair value measurement | Property, plant and equipment [member]
Disclosure of fair value measurement of assets [line items]
Financial assets, at fair value	648
Non-recurring fair value measurement | Property, plant and equipment [member] | Quoted Prices in Active Markets for Identical Assets (Level 1)
Disclosure of fair value measurement of assets [line items]
Financial assets, at fair value	0
Non-recurring fair value measurement | Property, plant and equipment [member] | Significant Other Observable Inputs (Level 2)
Disclosure of fair value measurement of assets [line items]
Financial assets, at fair value	0
Non-recurring fair value measurement | Property, plant and equipment [member] | Significant Unobservable Inputs (Level 3)
Disclosure of fair value measurement of assets [line items]
Financial assets, at fair value	648
Non-recurring fair value measurement | Goodwill
Disclosure of fair value measurement of assets [line items]
Financial assets, at fair value	484
Non-recurring fair value measurement | Goodwill | Quoted Prices in Active Markets for Identical Assets (Level 1)
Disclosure of fair value measurement of assets [line items]
Financial assets, at fair value	0
Non-recurring fair value measurement | Goodwill | Significant Other Observable Inputs (Level 2)
Disclosure of fair value measurement of assets [line items]
Financial assets, at fair value	0
Non-recurring fair value measurement | Goodwill | Significant Unobservable Inputs (Level 3)
Disclosure of fair value measurement of assets [line items]
Financial assets, at fair value	$ 484

PROVISIONS - Provisions by Type

PROVISIONS - Provisions by Type (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Disclosure of other provisions [line items]
Provisions	$ 2,211	$ 2,768
Environmental rehabilitation (“PER”)
Disclosure of other provisions [line items]
Provisions	2,013	2,559
Post-retirement benefits
Disclosure of other provisions [line items]
Provisions	46	48
Share-based payments
Disclosure of other provisions [line items]
Provisions	14	17
Other employee benefits
Disclosure of other provisions [line items]
Provisions	36	42
Other
Disclosure of other provisions [line items]
Provisions	$ 102	$ 102

PROVISIONS - Environmental Reha

PROVISIONS - Environmental Rehabilitation (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Disclosure of other provisions [line items]
Provisions, noncurrent	$ 2,211	$ 2,768
Environmental rehabilitation
Disclosure of other provisions [line items]
Environmental rehabilitation, beginning balance	2,725	3,081
Environmental rehabilitation, ending balance	2,204	2,725
Current provisions	(191)	(166)
Provisions, noncurrent	2,013	2,559
Operating segments [member] | Environmental rehabilitation
Disclosure of other provisions [line items]
Other increase (decrease) due to revisions	(317)	(42)
Cash payments	(43)	(44)
Settlement gains	3	2
Accretion	43	30
Other items not allocated to segments | Environmental rehabilitation
Disclosure of other provisions [line items]
PERs divested during the year	0	(265)
Other increase (decrease) due to revisions	(117)	44
Cash payments	(102)	(89)
Settlement gains	5	6
Accretion	$ 23	$ 18

PROVISIONS - Narrative (Details

PROVISIONS - Narrative (Details) - Environmental rehabilitation - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2022
Disclosure of other provisions [line items]
Increase (decrease) in other provisions	$ 126	$ (521)
Change in discount rate used in sensitivity analysis		1%
1% increase [Member]
Disclosure of other provisions [line items]
Increase (decrease) through change in discount rate, other provisions		$ (219)
1% decrease [Member]
Disclosure of other provisions [line items]
Increase (decrease) through change in discount rate, other provisions		$ 266

FINANCIAL RISK MANAGEMENT - Nar

FINANCIAL RISK MANAGEMENT - Narrative (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Interest rate risk
Disclosure of nature and extent of risks arising from financial instruments [line items]
Cash and cash equivalents	$ 4,400
Sensitivity analysis for possible change in risk variable, percent change	1%
Sensitivity analysis for possible change in risk variable, impact on equity	$ 39	$ 37
Interest rate risk | Variable rate
Disclosure of nature and extent of risks arising from financial instruments [line items]
Borrowings	100
Liquidity risk
Disclosure of nature and extent of risks arising from financial instruments [line items]
Cash and cash equivalents	4,440	5,280
Borrowings	4,800	5,200
Net debt	342	$ (130)
Undrawn borrowing facilities	$ 3,000
Required ratio of debt to total capitalization	0.60
Debt to total capitalization ratio, actual	0.01

FINANCIAL RISK MANAGEMENT - Max

FINANCIAL RISK MANAGEMENT - Maximum Exposure Credit Risk (Details) - Credit risk - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Disclosure of nature and extent of risks arising from financial instruments [line items]
Maximum exposure to credit risk	$ 6,481	$ 6,399
Cash and cash equivalents [Member]
Disclosure of nature and extent of risks arising from financial instruments [line items]
Maximum exposure to credit risk	4,440	5,280
Accounts receivable
Disclosure of nature and extent of risks arising from financial instruments [line items]
Maximum exposure to credit risk	554	623
Derivative assets
Disclosure of nature and extent of risks arising from financial instruments [line items]
Maximum exposure to credit risk	59	53
Notes Receivable [Member]
Disclosure of nature and extent of risks arising from financial instruments [line items]
Maximum exposure to credit risk	160	123
Norte Abierto JV Partner Receivable [Member]
Disclosure of nature and extent of risks arising from financial instruments [line items]
Maximum exposure to credit risk	172	173
Restricted Cash [Member]
Disclosure of nature and extent of risks arising from financial instruments [line items]
Maximum exposure to credit risk	$ 1,096	$ 147

FINANCIAL RISK MANAGEMENT - Exp

FINANCIAL RISK MANAGEMENT - Expected Maturity of Financial Assets and Liablities (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Disclosure of nature and extent of risks arising from financial instruments [line items]
Cash and cash equivalents	$ 4,440	$ 5,280	$ 5,188
Accounts receivable	554	623
Notes receivable	160	123
Norte Abierto JV Partner Receivable	149	150
Liquidity risk
Disclosure of nature and extent of risks arising from financial instruments [line items]
Cash and cash equivalents	4,440	5,280
Accounts receivable	554	623
Notes receivable	160	123
Norte Abierto JV Partner Receivable	172	173
Restricted cash	1,096	147
Derivative assets	59	53
Trade and other payables	1,556	1,448
Debt	4,804	5,176
Other liabilities	1,562	473
Liquidity risk | Less than 1 year
Disclosure of nature and extent of risks arising from financial instruments [line items]
Cash and cash equivalents	4,440	5,280
Accounts receivable	554	623
Notes receivable	0	0
Norte Abierto JV Partner Receivable	23	23
Restricted cash	945	0
Derivative assets	59	0
Trade and other payables	1,556	1,448
Debt	13	15
Other liabilities	1,017	30
Liquidity risk | 1 to 3 years
Disclosure of nature and extent of risks arising from financial instruments [line items]
Cash and cash equivalents	0	0
Accounts receivable	0	0
Notes receivable	11	1
Norte Abierto JV Partner Receivable	25	46
Restricted cash	15	12
Derivative assets	0	53
Trade and other payables	0	0
Debt	30	17
Other liabilities	210	196
Liquidity risk | 3 to 5 years
Disclosure of nature and extent of risks arising from financial instruments [line items]
Cash and cash equivalents	0	0
Accounts receivable	0	0
Notes receivable	3	0
Norte Abierto JV Partner Receivable	0	0
Restricted cash	0	0
Derivative assets	0	0
Trade and other payables	0	0
Debt	64	67
Other liabilities	76	92
Liquidity risk | Over 5 years
Disclosure of nature and extent of risks arising from financial instruments [line items]
Cash and cash equivalents	0	0
Accounts receivable	0	0
Notes receivable	146	122
Norte Abierto JV Partner Receivable	124	104
Restricted cash	136	135
Derivative assets	0	0
Trade and other payables	0	0
Debt	4,697	5,077
Other liabilities	$ 259	$ 155

OTHER NON-CURRENT LIABILITIES -

OTHER NON-CURRENT LIABILITIES - Other Non-Current Liabilities by Type (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Disclosure of detailed information about other non-current liabilities [Line Items]
Long-term income tax payable	$ 200	$ 267
Provision for offsite remediation	32	52
Other non-current financial liabilities	88	76
Other liabilities (note 29)	1,329	1,301
Revenues from streaming arrangements
Revenue	11,013	11,985
Pascua-Lama
Disclosure of detailed information about other non-current liabilities [Line Items]
Deposit on agreement	158	154
Bulyanhulu and Buzwagi [Member]
Disclosure of detailed information about other non-current liabilities [Line Items]
Shareholder loan	118	150
Pueblo Viejo [Member]
Disclosure of detailed information about other non-current liabilities [Line Items]
Deposit on agreement	415	438
Shareholder loan	318	164
Revenues from streaming arrangements
Revenue	1,303	1,514
Pueblo Viejo [Member] | Royal Gold
Revenues from streaming arrangements
Revenue	$ 40	$ 44

OTHER NON-CURRENT LIABILITIES_2

OTHER NON-CURRENT LIABILITIES - Narrative (Details) $ in Millions			12 Months Ended
	Dec. 31, 2022 USD ($) $ / ounce ozt	Sep. 29, 2015 USD ($) ozt	Dec. 31, 2022 USD ($) $ / ounce	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)	Nov. 30, 2020 USD ($)	Sep. 30, 2020 USD ($)	Sep. 28, 2020 USD ($)	Jan. 31, 2020 USD ($)
Disclosure of detailed information about other non-current liabilities [Line Items]
Repayments of bonds, notes and debentures			$ 0	$ 16
Proceeds from issue of bonds, notes and debentures			177	131
Revenue			$ 11,013	11,985
Proportion of ownership interest in subsidiary			100%
GoT loan [Member]
Disclosure of detailed information about other non-current liabilities [Line Items]
Proportion of ownership interests held by non-controlling interests			16%
Shareholder loan									$ 167
Repayments of bonds, notes and debentures			$ 32	16
PV Shareholder Loan [Member]
Disclosure of detailed information about other non-current liabilities [Line Items]
Credit facility available						$ 1,300
Basis spread						4%
PV Shareholder Loan Facility I [Member]
Disclosure of detailed information about other non-current liabilities [Line Items]
Credit facility available						$ 800
Proceeds from issue of bonds, notes and debentures			369	327	$ 104
PV Shareholder Loan Facility II [Member]
Disclosure of detailed information about other non-current liabilities [Line Items]
Credit facility available						$ 500
Proceeds from issue of bonds, notes and debentures			75
Gold
Disclosure of detailed information about other non-current liabilities [Line Items]
Revenue			9,920	10,738
Newmont Corporation [Member] | PV Shareholder Loan Facility I [Member]
Disclosure of detailed information about other non-current liabilities [Line Items]
Proceeds from issue of bonds, notes and debentures			147	$ 131	$ 42
Newmont Corporation [Member] | PV Shareholder Loan Facility II [Member]
Disclosure of detailed information about other non-current liabilities [Line Items]
Proceeds from issue of bonds, notes and debentures			$ 30
Royal Gold
Disclosure of detailed information about other non-current liabilities [Line Items]
Expected initial revenue payments (as percent)		30%
Expected revenue payment from contracts with customers, as percent of prevailing spot prices on volume of mineral resources in deliveries thereafter (as percent)		60%
Royal Gold | Silver
Disclosure of detailed information about other non-current liabilities [Line Items]
Threshold delivery volume (in ounces) | ozt		23,100,000
Royal Gold | Gold
Disclosure of detailed information about other non-current liabilities [Line Items]
Threshold delivery volume (in ounces) | ozt		550,000
Pascua-Lama | Silver Wheaton Corp. | Silver
Disclosure of detailed information about other non-current liabilities [Line Items]
Goods deliverable under contract (as percent)	25%		25%
Deposits from customers	$ 625		$ 625
Contract duration			3 years
Selling price (in dollars per ounce) | $ / ounce	3.90		3.90
Annual inflation adjustment (as percent)			1%
Starting period after project period to apply annual inflation adjustment			3 years
Agreement termination timeframe			90 days
Contract liabilities, undiscounted								$ 253
Contract liabilities							$ 148
Pueblo Viejo [Member]
Disclosure of detailed information about other non-current liabilities [Line Items]
Proportion of ownership interest in subsidiary			60%
Pueblo Viejo [Member] | Royal Gold
Disclosure of detailed information about other non-current liabilities [Line Items]
Deposits from customers		$ 610
Pueblo Viejo [Member] | Royal Gold | Silver
Disclosure of detailed information about other non-current liabilities [Line Items]
Percent of interest in mineral resource production sold until initial delivery maximum achieved (as percent)		75%
Initial delivery maximum (in ounces) | ozt		50,000,000
Percent of interest in mineral resource production to be delivered thereafter (as percent)		37.50%
Contract obligation, total ounces delivered | ozt	11,000,000
Fixed recovery rate (as percent)		70%
Pueblo Viejo [Member] | Royal Gold | Gold
Disclosure of detailed information about other non-current liabilities [Line Items]
Percent of interest in mineral resource production sold until initial delivery maximum achieved (as percent)		7.50%
Initial delivery maximum (in ounces) | ozt		990,000
Percent of interest in mineral resource production to be delivered thereafter (as percent)		3.75%
Contract obligation, total ounces delivered | ozt	317,000
Lagunas Norte, Pierina and Veladero | Silver Wheaton Corp. | Silver
Disclosure of detailed information about other non-current liabilities [Line Items]
Goods deliverable under contract (as percent)	100%		100%

DEFERRED INCOME TAXES - Narrati

DEFERRED INCOME TAXES - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Tax on undistributed earnings	$ 29
Income tax provision for undistributed earnings	41
Undistributed earnings of foreign subsidiaries	14,569
Unused tax losses, net	5,165
Deductible temporary differences for which no deferred tax asset is recognised	2,846	$ 2,783
2023
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses, net	399
2024
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses, net	213
2025
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses, net	221
2026
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses, net	41
2027+
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses, net	2,482
No expiry date
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses, net	1,809
Non-capital tax losses
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deductible temporary differences for which no deferred tax asset is recognised	1,168	1,048
Capital tax losses | No expiry date
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deductible temporary differences for which no deferred tax asset is recognised	262	321
Other | No expiry date
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deductible temporary differences for which no deferred tax asset is recognised	$ 1,416	$ 1,414

DEFERRED INCOME TAXES - Sources

DEFERRED INCOME TAXES - Sources of Deferred Income Tax Assets and Liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets	$ 19	$ 29
Deferred tax liabilities	(3,247)	(3,293)
Deferred tax liability (asset)	(3,228)	(3,264)
Before offset amount
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets	638	705
Deferred tax liabilities	(3,228)	(3,264)
Tax loss carry forwards
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets	307	330
Tax credits
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets	0	10
Environmental rehabilitation
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets	205	262
Post-retirement benefit obligations and other employee benefits
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets	31	30
Other working capital
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets	85	68
Other
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets	10	5
Property, plant and equipment
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax liabilities	(3,476)	(3,556)
Inventory
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax liabilities	(389)	(416)
Accrued interest payable
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax liabilities	$ (1)	$ 3

DEFERRED INCOME TAXES - Expiry

DEFERRED INCOME TAXES - Expiry Dates of Tax Losses and AMT (Details) - Non-capital tax losses $ in Millions	Dec. 31, 2022 USD ($)
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	$ 6,181
Australia
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	54
Barbados
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	960
Canada
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	2,351
Chile
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	979
Papua New Guinea
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	137
Saudi Arabia
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	330
Tanzania
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	1,199
United Kingdom
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	117
Others
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	54
2023
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	399
2023 | Australia
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	0
2023 | Barbados
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	397
2023 | Canada
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	0
2023 | Chile
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	0
2023 | Papua New Guinea
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	0
2023 | Saudi Arabia
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	0
2023 | Tanzania
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	0
2023 | United Kingdom
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	0
2023 | Others
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	2
2024
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	214
2024 | Australia
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	0
2024 | Barbados
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	212
2024 | Canada
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	0
2024 | Chile
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	0
2024 | Papua New Guinea
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	0
2024 | Saudi Arabia
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	0
2024 | Tanzania
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	0
2024 | United Kingdom
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	0
2024 | Others
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	2
2025
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	220
2025 | Australia
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	0
2025 | Barbados
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	218
2025 | Canada
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	1
2025 | Chile
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	0
2025 | Papua New Guinea
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	0
2025 | Saudi Arabia
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	0
2025 | Tanzania
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	0
2025 | United Kingdom
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	0
2025 | Others
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	1
2026
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	41
2026 | Australia
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	0
2026 | Barbados
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	2
2026 | Canada
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	1
2026 | Chile
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	0
2026 | Papua New Guinea
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	0
2026 | Saudi Arabia
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	0
2026 | Tanzania
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	0
2026 | United Kingdom
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	0
2026 | Others
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	38
2027+
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	2,609
2027+ | Australia
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	0
2027+ | Barbados
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	131
2027+ | Canada
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	2,349
2027+ | Chile
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	0
2027+ | Papua New Guinea
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	127
2027+ | Saudi Arabia
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	0
2027+ | Tanzania
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	0
2027+ | United Kingdom
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	0
2027+ | Others
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	2
No expiry date
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	2,698
No expiry date | Australia
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	54
No expiry date | Barbados
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	0
No expiry date | Canada
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	0
No expiry date | Chile
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	979
No expiry date | Papua New Guinea
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	10
No expiry date | Saudi Arabia
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	330
No expiry date | Tanzania
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	1,199
No expiry date | United Kingdom
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	117
No expiry date | Others
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax losses for which no deferred tax asset recognised	$ 9

DEFERRED INCOME TAXES - Deferre

DEFERRED INCOME TAXES - Deferred Tax Assets Not Recognized (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deductible temporary differences for which no deferred tax asset is recognised	$ 2,846	$ 2,783
Argentina
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deductible temporary differences for which no deferred tax asset is recognised	154	118
Australia
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deductible temporary differences for which no deferred tax asset is recognised	306	302
Barbados
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deductible temporary differences for which no deferred tax asset is recognised	53	27
Canada
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deductible temporary differences for which no deferred tax asset is recognised	954	966
Chile
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deductible temporary differences for which no deferred tax asset is recognised	1,084	1,059
Côte d'Ivoire
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deductible temporary differences for which no deferred tax asset is recognised	6	6
Mali
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deductible temporary differences for which no deferred tax asset is recognised	9	11
Peru
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deductible temporary differences for which no deferred tax asset is recognised	65	79
Saudi Arabia
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deductible temporary differences for which no deferred tax asset is recognised	65	71
Tanzania
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deductible temporary differences for which no deferred tax asset is recognised	109	105
United Kingdom
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deductible temporary differences for which no deferred tax asset is recognised	22	36
United States
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deductible temporary differences for which no deferred tax asset is recognised	15	0
Others
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deductible temporary differences for which no deferred tax asset is recognised	$ 4	$ 3

DEFERRED INCOME TAXES - Source

DEFERRED INCOME TAXES - Source of Changes in Deferred Tax Balances and Income Tax Related Contingent Liabilities (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Source of Changes in Deferred Tax Balances
Increase (decrease) in deferred tax liability (asset)	$ 36	$ (328)
Income before income taxes	41	(345)
Increase (decrease) in income tax payable	(2)	(2)
Tax impact of amounts recognized within accumulated OCI	(5)	19
Increase (decrease) in other tax payable	2	0
Income Tax Related Contingent Liabilities
Source of Changes in Deferred Tax Balances
Estimated financial effect of contingent liabilities	257	266
Additions based on uncertain tax positions related to prior years	1	19
Additions based on uncertain tax positions related to the current year	7	0
Reductions for tax positions of prior years	(45)	(28)
Reclassifications	(160)	0
Estimated financial effect of contingent liabilities	60	257
Property, plant and equipment
Source of Changes in Deferred Tax Balances
Increase (decrease) in deferred tax liability (asset)	80	(181)
Environmental rehabilitation
Source of Changes in Deferred Tax Balances
Increase (decrease) in deferred tax liability (asset)	(56)	(97)
Tax loss carry forwards
Source of Changes in Deferred Tax Balances
Increase (decrease) in deferred tax liability (asset)	(23)	(127)
AMT and other tax credits [Member]
Source of Changes in Deferred Tax Balances
Increase (decrease) in deferred tax liability (asset)	(10)	(3)
Inventory
Source of Changes in Deferred Tax Balances
Increase (decrease) in deferred tax liability (asset)	27	48
Other
Source of Changes in Deferred Tax Balances
Increase (decrease) in deferred tax liability (asset)	$ 18	$ 32

CAPITAL STOCK (Details)

CAPITAL STOCK (Details) - USD ($) $ / shares in Units, $ in Millions							12 Months Ended
		Feb. 14, 2023	Feb. 15, 2022	Dec. 15, 2021	Sep. 15, 2021	Jun. 15, 2021	Dec. 31, 2022	Dec. 31, 2021	May 04, 2021
Capital stock
Capital stock
Number of shares issued							1,755,349,661
Par value per share (in dollars per share)							$ 0
Dividends reinvested							$ 5	$ 5
Decrease through other distributions to owners, equity								750
Authorized cash outflow for repurchase of outstanding shares		$ 1,000	$ 1,000
Increase (decrease) through share repurchase program, shares							24,250,000
Share buyback program							$ 388
Deficit
Capital stock
Dividends recognised as distributions to owners of parent							1,143	634
Dividends reinvested							(5)	(5)
Decrease through other distributions to owners, equity								0
Share buyback program							0
Other
Capital stock
Dividends reinvested							0	0
Approved return of capital distribution									$ 750
Decrease through other distributions to owners, equity	[1]							$ 0
Share buyback program	[1]						$ 36
Other | Tranche 1 [Member]
Capital stock
Decrease through other distributions to owners, equity						$ 250
Other | Tranche 2 [Member]
Capital stock
Decrease through other distributions to owners, equity					$ 250
Other | Tranche 3 [Member]
Capital stock
Decrease through other distributions to owners, equity				$ 250
[1]Includes additional paid-in capital as at December 31, 2022: $1,875 million (December 31, 2021: $1,911 million).

NON-CONTROLLING INTERESTS - Con

NON-CONTROLLING INTERESTS - Continuity (Details) $ in Millions	1 Months Ended	12 Months Ended
	Dec. 31, 2022 USD ($) minesite	Dec. 31, 2022 USD ($) minesite	Dec. 31, 2021 USD ($)
Disclosure of subsidiaries [line items]
Non-controlling interests, beginning balance		$ 8,450
Profit (loss), attributable to non-controlling interests		585	$ 1,266
Cash contributed		0	12
Disbursements		(846)	(1,111)
Non-controlling interests, ending balance	$ 8,518	$ 8,518	8,450
Number of minesite locations in Tanzania mines | minesite	2	2
Subsidiaries
Disclosure of subsidiaries [line items]
Non-controlling interests, beginning balance		$ 8,450	8,369
Acquisitions		329
Profit (loss), attributable to non-controlling interests		585	1,266
Cash contributed			12
Increase (decrease) in non-controlling interest			(86)
Disbursements		(846)	(1,111)
Non-controlling interests, ending balance	$ 8,518	$ 8,518	8,450
Nevada Gold Mines
Disclosure of subsidiaries [line items]
Proportion of ownership interests held by non-controlling interests		38.50%
Non-controlling interests, beginning balance		$ 6,061	5,978
Acquisitions		0
Profit (loss), attributable to non-controlling interests		633	980
Cash contributed			0
Increase (decrease) in non-controlling interest			(49)
Disbursements		(626)	(848)
Non-controlling interests, ending balance	6,068	$ 6,068	6,061
Pueblo Viejo [Member]
Disclosure of subsidiaries [line items]
Proportion of ownership interests held by non-controlling interests		40%
Non-controlling interests, beginning balance		$ 1,189	1,193
Acquisitions		0
Profit (loss), attributable to non-controlling interests		96	174
Cash contributed			0
Increase (decrease) in non-controlling interest			0
Disbursements		(157)	(178)
Non-controlling interests, ending balance	1,128	$ 1,128	1,189
Tanzania Mines [Member]
Disclosure of subsidiaries [line items]
Proportion of ownership interests held by non-controlling interests		16%
Non-controlling interests, beginning balance		$ 298	263
Acquisitions		0
Profit (loss), attributable to non-controlling interests		35	35
Cash contributed			0
Increase (decrease) in non-controlling interest			0
Disbursements		(12)	0
Non-controlling interests, ending balance	321	$ 321	298
Loulo-Gounkoto [Member]
Disclosure of subsidiaries [line items]
Proportion of ownership interests held by non-controlling interests		20%
Non-controlling interests, beginning balance		$ 953	933
Acquisitions		0
Profit (loss), attributable to non-controlling interests		(179)	71
Cash contributed			0
Increase (decrease) in non-controlling interest			0
Disbursements		(35)	(51)
Non-controlling interests, ending balance	739	$ 739	953
Tongon [Member]
Disclosure of subsidiaries [line items]
Proportion of ownership interests held by non-controlling interests		10.30%
Non-controlling interests, beginning balance		$ 29	39
Acquisitions		0
Profit (loss), attributable to non-controlling interests		0	6
Cash contributed			0
Increase (decrease) in non-controlling interest			0
Disbursements		(16)	(16)
Non-controlling interests, ending balance	$ 13	$ 13	29
Reko Diq [Member]
Disclosure of subsidiaries [line items]
Proportion of ownership interests held by non-controlling interests	50%	50%
Non-controlling interests, beginning balance		$ 0	0
Acquisitions		329
Profit (loss), attributable to non-controlling interests		0	0
Cash contributed			0
Increase (decrease) in non-controlling interest			0
Disbursements		0	0
Non-controlling interests, ending balance	$ 329	329	0
Other
Disclosure of subsidiaries [line items]
Non-controlling interests, beginning balance		(80)	(37)
Acquisitions		0
Profit (loss), attributable to non-controlling interests		0	0
Cash contributed			12
Increase (decrease) in non-controlling interest			(37)
Disbursements		0	(18)
Non-controlling interests, ending balance	$ (80)	$ (80)	$ (80)

NON-CONTROLLING INTERESTS - Sum

NON-CONTROLLING INTERESTS - Summarized Balance Sheets (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Disclosure of subsidiaries [line items]
Current assets	$ 8,465	$ 8,249
Assets	45,965	46,890
Current liabilities	3,120	2,086
Total liabilities	14,676	14,583
Nevada Gold Mines
Disclosure of subsidiaries [line items]
Current assets	2,408	3,351
Non-current assets	13,863	13,750
Assets	16,271	17,101
Current liabilities	586	561
Non-current liabilities	1,135	1,244
Total liabilities	1,721	1,805
Pueblo Viejo [Member]
Disclosure of subsidiaries [line items]
Current assets	485	394
Non-current assets	5,003	4,724
Assets	5,488	5,118
Current liabilities	889	633
Non-current liabilities	1,421	1,249
Total liabilities	2,310	1,882
Tanzania Mines [Member]
Disclosure of subsidiaries [line items]
Current assets	437	637
Non-current assets	1,917	1,798
Assets	2,354	2,435
Current liabilities	800	926
Non-current liabilities	422	526
Total liabilities	1,222	1,452
Loulo-Gounkoto [Member]
Disclosure of subsidiaries [line items]
Current assets	928	444
Non-current assets	3,602	4,712
Assets	4,530	5,156
Current liabilities	189	141
Non-current liabilities	560	575
Total liabilities	749	716
Tongon [Member]
Disclosure of subsidiaries [line items]
Current assets	158	205
Non-current assets	165	192
Assets	323	397
Current liabilities	170	76
Non-current liabilities	46	59
Total liabilities	$ 216	$ 135

NON-CONTROLLING INTERESTS - S_2

NON-CONTROLLING INTERESTS - Summarized Statements of Income (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Disclosure of subsidiaries [line items]
Revenue	$ 11,013	$ 11,985
Net income	1,017	3,288
Other comprehensive income	49	(37)
Total comprehensive income	1,066	3,251
Nevada Gold Mines
Disclosure of subsidiaries [line items]
Revenue	5,573	6,135
Net income	3,018	2,246
Other comprehensive income	1	9
Total comprehensive income	3,019	2,255
Dividends paid to non-controlling interests	626	848
Pueblo Viejo [Member]
Disclosure of subsidiaries [line items]
Revenue	1,303	1,514
Net income	170	361
Other comprehensive income	0	0
Total comprehensive income	170	361
Dividends paid to non-controlling interests	60	48
Tanzania Mines [Member]
Disclosure of subsidiaries [line items]
Revenue	1,032	993
Net income	210	284
Other comprehensive income	0	0
Total comprehensive income	210	284
Dividends paid to non-controlling interests	3	0
Loulo-Gounkoto [Member]
Disclosure of subsidiaries [line items]
Revenue	1,236	1,249
Net income	(912)	322
Other comprehensive income	0	0
Total comprehensive income	(912)	322
Dividends paid to non-controlling interests	35	51
Tongon [Member]
Disclosure of subsidiaries [line items]
Revenue	356	368
Net income	(4)	52
Other comprehensive income	0	0
Total comprehensive income	(4)	52
Dividends paid to non-controlling interests	$ 13	$ 20

NON-CONTROLLING INTERESTS - S_3

NON-CONTROLLING INTERESTS - Summarized Statements of Cash Flows (Details) $ in Millions	12 Months Ended
	Dec. 31, 2022 USD ($) minesite	Dec. 31, 2021 USD ($)
Disclosure of subsidiaries [line items]
Net cash provided by operating activities	$ 3,481	$ 4,378
Net cash used in investing activities	(1,711)	(1,897)
Net cash provided by (used in) financing activities	(2,604)	(2,388)
Net increase (decrease) in cash and equivalents	$ (840)	92
Number of minesite locations in Tanzania mines | minesite	2
Nevada Gold Mines
Disclosure of subsidiaries [line items]
Net cash provided by operating activities	$ 2,693	3,035
Net cash used in investing activities	(1,103)	(962)
Net cash provided by (used in) financing activities	(1,631)	(2,208)
Net increase (decrease) in cash and equivalents	(41)	(135)
Pueblo Viejo [Member]
Disclosure of subsidiaries [line items]
Net cash provided by operating activities	524	541
Net cash used in investing activities	(599)	(522)
Net cash provided by (used in) financing activities	67	(101)
Net increase (decrease) in cash and equivalents	(8)	(82)
Tanzania Mines [Member]
Disclosure of subsidiaries [line items]
Net cash provided by operating activities	275	373
Net cash used in investing activities	(253)	(178)
Net cash provided by (used in) financing activities	(222)	(100)
Net increase (decrease) in cash and equivalents	(200)	95
Loulo-Gounkoto [Member]
Disclosure of subsidiaries [line items]
Net cash provided by operating activities	459	605
Net cash used in investing activities	(322)	(297)
Net cash provided by (used in) financing activities	(176)	(254)
Net increase (decrease) in cash and equivalents	(39)	54
Tongon [Member]
Disclosure of subsidiaries [line items]
Net cash provided by operating activities	75	61
Net cash used in investing activities	(32)	(17)
Net cash provided by (used in) financing activities	(76)	(143)
Net increase (decrease) in cash and equivalents	$ (33)	$ (99)

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Related party transactions [abstract]
Salaries and short-term employee benefits	$ 33	$ 36
Post-employment benefits	4	6
Share-based payments and other	31	25
Key management personnel compensation	$ 68	$ 67

STOCK-BASED COMPENSATION - Narr

STOCK-BASED COMPENSATION - Narrative (Details) $ in Millions	12 Months Ended
	Dec. 31, 2022 USD ($) shares	Dec. 31, 2021 USD ($) shares	Dec. 31, 2020 USD ($) shares
Disclosure of terms and conditions of share-based payment arrangement [line items]
Expense from share-based payment transactions with employees	$ 34	$ 33
Liabilities from share-based payment transactions	50	57
RSUs
Disclosure of terms and conditions of share-based payment arrangement [line items]
Expense from share-based payment transactions with employees	$ 23	$ 31
Weighted average remaining contractual life	9 months 18 days	9 months
Number of common shares per unit of share-based payment arrangement | shares	1
Number of units outstanding (shares) | shares	2,337,000	2,518,000	2,623,000
Liabilities from share-based payment transactions	$ 26.3	$ 31	$ 38.6
PGSUs
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of common shares per unit of share-based payment arrangement | shares	1
Number of units outstanding (shares) | shares	3,117,000	2,873,000
Liabilities from share-based payment transactions	$ 38	$ 43

STOCK-BASED COMPENSATION - DSU

STOCK-BASED COMPENSATION - DSU and RSU Activity (Details) shares in Thousands, $ in Millions	12 Months Ended
	Dec. 31, 2022 USD ($) shares	Dec. 31, 2021 USD ($) shares
Disclosure of terms and conditions of share-based payment arrangement [line items]
Fair value, beginning of period	$ 57
Fair value, end of period	$ 50	$ 57
DSUs
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of units outstanding beginning of period (shares) | shares	678	561
Settled for cash (shares) | shares	0	0
Granted (shares) | shares	159	117
Credits for dividends (shares) | shares	0	0
Increase (decrease) in number of shares outstanding | shares	0	0
Number of units outstanding end of period (shares) | shares	837	678
Fair value, beginning of period	$ 12.6	$ 12.8
Settled for cash	0	0
Granted	2.9	2.2
Credits for dividends	0	0
Change in value	(1.1)	(2.4)
Fair value, end of period	$ 14.4	$ 12.6
RSUs
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of units outstanding beginning of period (shares) | shares	2,518	2,623
Settled for cash (shares) | shares	(1,656)	(1,435)
Granted (shares) | shares	1,406	1,300
Credits for dividends (shares) | shares	69	30
Increase (decrease) in number of shares outstanding | shares	0	0
Number of units outstanding end of period (shares) | shares	2,337	2,518
Fair value, beginning of period	$ 31	$ 38.6
Settled for cash	(29.2)	(36.2)
Granted	24.2	26.4
Credits for dividends	1.3	0.6
Change in value	(1)	1.6
Fair value, end of period	$ 26.3	$ 31

CONTINGENCIES (Details)

CONTINGENCIES (Details) $ in Millions

1 Months Ended

3 Months Ended

6 Months Ended

7 Months Ended

11 Months Ended

12 Months Ended

27 Months Ended

Jan. 30, 2023 USD ($)

Jan. 18, 2023 Day

Nov. 18, 2022 Day

Jul. 12, 2022 numberOfInfringements

Mar. 22, 2022 claim

Feb. 03, 2022 USD ($)

Jan. 24, 2020 USD ($) Payment

Dec. 26, 2019 minesite

Oct. 14, 2019 USD ($)

Aug. 28, 2019 USD ($)

Aug. 16, 2019

Oct. 12, 2018 charge

Aug. 06, 2018 individual

Apr. 11, 2018 defendant

Nov. 27, 2017 individual

Oct. 19, 2017 USD ($)

Sep. 14, 2017 numberOfInvestigations individual

Jun. 08, 2016 claim

Dec. 31, 2022 USD ($)

Mar. 31, 2022 USD ($)

Oct. 31, 2020 USD ($)

Oct. 31, 2019 claim

Jul. 31, 2019 USD ($)

Jan. 31, 2016 USD ($)

Nov. 30, 2008 individual

Jun. 30, 2018 USD ($)

Dec. 31, 2017 USD ($)

Sep. 30, 2017 USD ($)

Jun. 30, 2017 USD ($)

Dec. 31, 2017

Jun. 30, 2017

Jul. 06, 2021 individual numberOfTrials

Dec. 14, 2022

Dec. 31, 2022 USD ($) person

Dec. 31, 2021 USD ($)

Nov. 01, 2013 USD ($)

Apr. 05, 2022 USD ($)

Dec. 31, 2020 USD ($)

Oct. 02, 2020 USD ($)

Apr. 30, 2020 USD ($)

Jan. 23, 2018 USD ($)

Jan. 17, 2018 USD ($)

Dec. 26, 2017 USD ($)

Dec. 26, 2017 ARS ($)

Oct. 09, 2015 USD ($)

May 30, 2013 USD ($)

Disclosure of contingencies

Impairment (reversals) charges

$ 1,671,000,000

$ (63,000,000)

Proportion of ownership interest in subsidiary

100%

Dividends paid, classified as financing activities

$ 1,143,000,000

634,000,000

Decrease through disbursements to non-controlling interests

$ 846,000,000

1,111,000,000

Legal proceedings contingent liability | Canadian Securities Class Actions

Disclosure of contingencies

Number of former senior executives in class action | person

4

Damages sought

$ 3,000,000,000

Number of claims remaining | claim

2

1

Estimated financial effect of contingent liabilities

$ 0

$ 0

Legal proceedings contingent liability | Pascua Lama SMA Regulatory Sanctions

Disclosure of contingencies

Estimated financial effect of contingent liabilities

0

0

Administrative fine

$ 11,500,000

$ 16,000,000

Number of proceedings consolidated | claim

2

Number of claims dismissed | charge

4

Number of claims pursued | charge

5

Impairment (reversals) charges

$ 429,000,000

Number of environmental infringements | numberOfInfringements

2

Legal proceedings contingent liability | San Juan Provincial Regulatory Proceedings [Member]

Disclosure of contingencies

Administrative fine

$ 5,600,000

$ 10,000,000

Legal proceedings contingent liability | Provincial Amparo Action [Member]

Disclosure of contingencies

Number of claims filed | minesite

2

Legal proceedings contingent liability | Federal Criminal Matters [Member]

Disclosure of contingencies

Number of defendants with confirmed indictment | defendant

3

Legal proceedings contingent liability | Argentina's Glacier Investigation [Member]

Disclosure of contingencies

Number of proceedings consolidated | numberOfInvestigations

2

Number of defendants with confirmed indictment | individual

6

4

Number of defendants whose charges were dropped | individual

1

Legal proceedings contingent liability | Veladero Tax Assessment and Criminal Charges [Member]

Disclosure of contingencies

Tax claims related to foreign operations

$ 3,100,000

$ 543

Legal proceedings contingent liability | Perilla Complaint

Disclosure of contingencies

Estimated financial effect of contingent liabilities

0

0

Number of named claimants | individual

2

Number of unnamed claimants | individual

200,000

Legal proceedings contingent liability | Writ of Kalikasan

Disclosure of contingencies

Estimated financial effect of contingent liabilities

0

0

Number of witnesses | individual

3

Number of petitioners | individual

2

Number of trials | numberOfTrials

3

Number of days suspension of the proceedings | Day

60

60

Legal proceedings contingent liability | North Mara - Ontario Litigation [Member]

Disclosure of contingencies

Estimated financial effect of contingent liabilities

0

0

Tax contingent liability [member]

Disclosure of contingencies

Estimated financial effect of contingent liabilities

$ 60,000,000

60,000,000

$ 257,000,000

$ 266,000,000

Tax contingent liability [member] | Porgera Tax Audit [Member]

Disclosure of contingencies

Proposed adjustment to Porgera tax liabilities

$ 484,000,000

$ 131,000,000

Tax contingent liability [member] | Tanzania Concentrate Export Ban and Related Disputes [Member]

Disclosure of contingencies

Proportion of ownership interests held by non-controlling interests

16%

Economic benefit shared with government

50%

Estimate of possible loss for alleged unpaid taxes, interest and penalties

$ 190,000,000,000

$ 3,000,000,000

$ 190,000,000,000

Royalty tax rate

6%

4%

Clearing fee on minerals exported

1%

Payment to resolve outstanding tax claims

$ 100,000,000

$ 300,000,000

$ 40,000,000

Number of installment payments | Payment

5

Subsequent payments to resolve outstanding tax claims

$ 40,000,000

Total payment to date to resolve outstanding tax claims

140,000,000

Tax contingent liability [member] | Tanzanian Revenue Authority Assessment related to withholding tax [Member]

Disclosure of contingencies

Estimate of possible loss for alleged unpaid taxes, interest and penalties

$ 41,300,000

Tax contingent liability [member] | Tanzanian Revenue Authority Assessment related to resident allegation [Member]

Disclosure of contingencies

Estimate of possible loss for alleged unpaid taxes, interest and penalties

$ 500,700,000

Contingent liabilities related to joint ventures [member] | Reko Diq Arbitration [Member]

Disclosure of contingencies

Number of claims pursued

2

Proportion of ownership interest in subsidiary

50%

37.50%

Funds awarded for damages

$ 5,840,000,000

Compensation for denial of mining lease

4,087,000,000

Interest compounded on claims

$ 1,753,000,000

Adjustment to interest rate

1%

Amount in escrow

$ 900,000,000

Proportion of ownership interests held by non-controlling interests

50%

Contingent liabilities related to joint ventures [member] | Zaldivar Chilean Tax Assessment [Member]

Disclosure of contingencies

Estimated financial effect of contingent liabilities

$ 0

0

Estimate of possible loss for alleged unpaid taxes, interest and penalties

$ 678,000,000

$ 1,000,000,000

Total claim including substantial penalties and interest

824,000,000

824,000,000

Contingent liabilities related to joint ventures [member] | Kibali Customs Dispute [Member]

Disclosure of contingencies

Total claim including substantial penalties and interest

$ 339,000,000

Contingent liabilities related to joint ventures [member] | Zaldivar Water Claims [Member]

Disclosure of contingencies

Estimated financial effect of contingent liabilities

$ 0

$ 0

Number of days suspension of the proceedings

60

Provincial Government of Balochistan [Member] | Contingent liabilities related to joint ventures [member] | Reko Diq Arbitration [Member]

Disclosure of contingencies

Proportion of ownership interests held by non-controlling interests

10%

Government of Balochistan special purpose company [Member] | Contingent liabilities related to joint ventures [member] | Reko Diq Arbitration [Member]

Disclosure of contingencies

Proportion of ownership interests held by non-controlling interests

15%

Other federal state-owned enterprises [Member] | Contingent liabilities related to joint ventures [member] | Reko Diq Arbitration [Member]

Disclosure of contingencies

Proportion of ownership interests held by non-controlling interests

25%

Tanzania Mines [Member] | Tanzania Concentrate Export Ban and Related Disputes [Member]

Disclosure of contingencies

Proportion of ownership interests held by non-controlling interests

16%

Dividends paid, classified as financing activities

$ 250,000,000

Decrease through disbursements to non-controlling interests

$ 40,000,000

Zaldivar [Member]

Disclosure of contingencies

Proportion of ownership interest in joint venture

50%

Zaldivar [Member] | Zaldivar Chilean Tax Assessment [Member]

Disclosure of contingencies

Percent of ownership by other parties in joint ventures

50%

Porgera [Member]

Disclosure of contingencies

Number of years of extension of the special mining lease

20 years

Proportion of interest held by joint operations operator

95%

Percent of ownership by other parties in joint ventures

5%

Proposed proportion of interest to be held by government stakeholders

51%

Proposed proportion of interest to be held by joint operation operator

49%

Proportion of interest in joint operations operator

0.50

Proportion of ownership interest in joint venture

24.50%

47.50%

Economic benefit shared with government

53%

Entity's percent share in economic benefit

47%

Number of years at which the government will retain the option to acquire remaining equity participation

10 years