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SEGMENTED INFORMATION
12 Months Ended
Dec. 31, 2024
Operating Segments [Abstract]  
Segmented Information Segmented Information
The Company’s gold mines are divided into geographic segments as follows:
Côté Gold mine1 - Ontario, Canada;
Essakane mine - Burkina Faso; and
Westwood complex - Quebec, Canada.
The Company’s non-gold mine segments are divided as follows:
Exploration and evaluation and development; and
Corporate - includes royalty interests.
December 31, 2024December 31, 2023
Total non-
current
assets
Total
assets
Total
liabilities
Total non-
current
assets
Total
assets
Total
liabilities
Gold mines
Côté Gold$2,887.0 $3,016.0 $227.3 $2,521.5 $2,638.0 $243.2 
Essakane882.2 1,206.2 281.9 764.4 1,100.4 274.2 
Westwood complex788.0 822.2 199.7 357.9 389.5 249.7 
Total gold mines4,557.2 5,044.4 708.9 3,643.8 4,127.9 767.1 
Exploration and evaluation and development74.4 77.7 9.3 37.7 47.4 1.3 
Corporate74.5 252.3 1,255.5 102.7 328.0 1,499.8 
Assets held for sale1
— — — — 34.6 5.6 
Total$4,706.1 $5,374.4 $1,973.7 $3,784.2 $4,537.9 $2,273.8 
1.Includes assets and liabilities held for sale relating to the remaining Bambouk assets (note 7).
Year ended December 31, 2024
 Consolidated statements of earnings (loss) information
Capital
expenditures
4
 Revenues
Cost of
sales1
Depreciation
expense2
General 
and
administrative3
ExplorationImpairmentOtherEarnings
(loss) from
operations
Gold mines
Côté Gold5
$284.3 $115.0 $56.7 $— $6.5 $— $0.5 $105.6 $268.8 
Essakane1,083.2 536.8 162.3 — — — (0.3)384.4 185.5 
Westwood complex323.0 157.5 53.7 — — (455.5)(11.6)578.9 66.1 
Total gold mines1,690.5 809.3 272.7 — 6.5 (455.5)(11.4)1,068.9 520.4 
Exploration and evaluation and development— — — — 15.2 — 0.7 (15.9)— 
Corporate6
(57.5)— 1.1 48.9 — — 1.5 (109.0)1.6 
Total$1,633.0 $809.3 $273.8 $48.9 $21.7 $(455.5)$(9.2)$944.0 $522.0 
1.Excludes depreciation expense.
2.Depreciation expense excludes depreciation related to corporate office assets, which is included in general and administrative expenses.
3.Includes depreciation expense relating to corporate and exploration and evaluation assets.
4.Includes incurred capital expenditures for property, plant and equipment and exploration and evaluation assets and excludes capitalized borrowing costs and ROU assets. Côté Gold is presented at 70%.
5.Up to the achievement of Commercial Production, revenue and expenses include 60.3% of the Côté Gold UJV balances. 9.7% of the revenue and expenses from the Côté Gold UJV, $18.4 million and $6.6 million respectively, are included in interest income, derivatives and other investment gains (losses) as this was funded by SMM (note 8). Subsequent to November 30, 2024, revenue and expenses include 70% of the Côté Gold UJV balances.
6.Includes impact on revenues of delivering ounces into gold sale prepayment arrangements (note 19) and earnings from royalty interests.












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1.The Côté Gold mine segment includes the financial information of the Côté UJV as well as other financial information for the Côté Gold mine outside of the Côté UJV.
Year ended December 31, 2023
 Consolidated statements of earnings (loss) information
Capital
expenditures
4
 Revenues
Cost of
sales1
Depreciation
expense2
General
and
administrative3
ExplorationImpairmentOtherEarnings
(loss) from
operations
Gold mines
Côté Gold
$— $— $— $0.4 $4.2 $— $1.0 $(5.6)$731.6 
Essakane809.6 502.4 183.6 — — — 31.6 92.0 136.6 
Westwood complex176.6 144.6 31.3 — — — 10.4 (9.7)65.6 
Total operating gold mines986.2 647.0 214.9 0.4 4.2 — 43.0 76.7 933.8 
Exploration and evaluation and development— — — — 22.1 — 0.2 (22.3)— 
Corporate5
0.9 — 1.1 50.4 — — 4.1 (54.7)0.4 
Total continuing operations$987.1 $647.0 $216.0 $50.8 $26.3 $— $47.3 $(0.3)$934.2 
Discontinued operations6
47.2 23.8 — — 0.1 — 1.3 22.0 10.8 
Total$1,034.3 $670.8 $216.0 $50.8 $26.4 $— $48.6 $21.7 $945.0 
1.Excludes depreciation expense.
2.Depreciation expense excludes depreciation related to corporate office assets, which is included in general and administrative expenses.
3.Includes depreciation expense relating to corporate and exploration and evaluation assets.
4.Includes incurred capital expenditures for property, plant and equipment and exploration and evaluation assets and excludes capitalized borrowing costs and ROU assets.
5.Includes earnings from royalty interests.
6.Discontinued operations relating to the Rosebel mine and Saramacca pit in Suriname (note 6).