XML 119 R55.htm IDEA: XBRL DOCUMENT v3.25.4
Provisions (Tables)
12 Months Ended
Dec. 31, 2025
Other Provisions, Contingent Liabilities And Contingent Assets [Abstract]  
Disclosure of provisions
NotesDecember 31,
2025
December 31,
2024
Asset retirement obligations(a)$287.6 $279.6 
Other25.8 20.0 
$313.4 $299.6 
Current portion of provisions$5.1 $14.5 
Non-current provisions308.3 285.1 
$313.4 $299.6 
The following table presents the reconciliation of the provision for asset retirement obligations:
Years ended December 31,
Notes20252024
Balance, beginning of the year$279.6 $347.4 
Revision of estimated cash flows and discount rates:
Capitalized in property, plant and equipment118.7 (21.4)
Changes in asset retirement obligations at closed mines298.0 (13.4)
Impairment reversal28— (35.8)
Accretion expense305.3 5.7 
Disbursements(14.1)(2.9)
Other0.1 — 
Balance, end of the year$287.6 $279.6 
Less: current portion(5.1)(14.5)
Non-current portion$282.5 $265.1 
Disclosure of asset retirement obligations
As at December 31, 2025, the schedule of estimated undiscounted future disbursements for rehabilitation was as follows:
CAD$ million1
$ million1
2026$6.8 $0.8 
202722.1 2.0 
202820.7 5.8 
202925.0 10.0 
203016.2 13.6 
2031 onwards272.1 75.7 
$362.9 $107.9 
1.Disbursements in US$ relate to the Essakane mine and CAD$ disbursements relate to the Westwood division, including Doyon, Côté Gold and other closed Canadian sites.
As at December 31, 2025, estimated undiscounted amounts of cash flows required to settle the obligations and expected timing of payments assumed in measuring the asset retirement obligations were as follows:
Undiscounted
Amounts Required
(CAD$)
Undiscounted
Amounts Required
($)
Expected Timing of Payments
Côté Gold mine
$78.2 $— 2026-2087
Essakane mine— 107.9 2026-2050
Westwood division, including Doyon273.2 — 2026-2057
Other Canadian sites11.5 — 2026-2125
$362.9 $107.9