v3.25.2
COST OF SALES (Tables)
6 Months Ended
Jun. 30, 2025
Cost of sales [Abstract]  
Schedule of cost of sales
   Gold Copper
Other3
Total
For the three months ended June 30 2025 2024 2025 2024 2025 2024 2025 2024
Site operating costs1,2
$1,179  $1,268  $99  $84  $—  $—  $1,278  $1,352 
Depreciation1
359  401  68  71  9  436  480 
Royalty expense 103  99  25  16    —  128  115 
Mining and production taxes4
25  21    —    —  25  21 
Community relations 10  10  1    —  11  11 
$1,676  $1,799  $193  $172  $9  $8  $1,878  $1,979 
   Gold Copper
Other3
Total
For the six months ended June 30 2025 2024 2025 2024 2025 2024 2025 2024
Site operating costs1,2
$2,276  $2,509  $225  $179  $—  $—  $2,501  $2,688 
Depreciation1
701  808  128  131  18  15  847  954 
Royalty expense 198  187  46  28    —  244  215 
Mining and production taxes4
48  37    —    —  48  37 
Community relations 21  19  2    —  23  21 
$3,244  $3,560  $401  $340  $18  $15  $3,663  $3,915 
1Site operating costs and depreciation include charges to reduce the cost of inventory to net realizable value as follows: $nil for Q2 2025 (Q2 2024: $11 million) and $1 million for YTD 2025 (YTD 2024: $33 million).
2Site operating costs includes the costs of extracting by-products.
3Other includes corporate amortization.
42024 figures have been changed to present mining and production taxes separately from site operating costs