RECLAMATION PROVISION (Tables)

12 Months Ended

Dec. 31, 2025

Asset retirement obligation and environmental remediation liability

Schedule of environmental remediation liability and reclamation provisions


		As at			As at
		December 31,			December 31,
		2025			2024
Asset retirement obligations - non-current, beginning of year		$	1,019,848		$	1,040,003
Asset retirement obligations - current, beginning of year			56,909			22,570
Current year additions and changes in estimate, net⁽ⁱ⁾			282,638			89,017
Current year accretion			38,237			33,815
Liabilities settled			(27,307)			(14,976)
Foreign exchange revaluation			76,756			(93,672)
Reclassification from non-current to current, end of year			(140,406)			(56,909)
Asset retirement obligations - non-current, end of year		$	1,306,675		$	1,019,848

Note:

(i)

During the year ended December 31, 2025, the Company revised its estimate of the Meadowbank ARO. The revision was driven by an updated internal analysis completed during the period and, as a result, the ARO liability related to Meadowbank increased by $185.1 million with a corresponding adjustment to the related mining asset. As at December 31, 2025, the Meadowbank ARO liability was $414.5 million.

Environmental remediation liability

Asset retirement obligation and environmental remediation liability

Schedule of environmental remediation liability and reclamation provisions


		As at			As at
		December 31,			December 31,
		2025			2024
Environmental remediation liability - non-current, beginning of year		$	6,780		$	9,235
Environmental remediation liability - current, beginning of year			1,670			1,696
Current year additions and changes in estimate, net			9,263			—
Liabilities settled			(2,171)			(1,664)
Foreign exchange revaluation			390			(817)
Reclassification from non-current to current, end of year			(4,131)			(1,670)
Environmental remediation liability - non-current, end of year		$	11,801		$	6,780