v3.26.1
Property, plant and equipment (Tables)
 12 Months Ended
Dec. 31, 2025
Property plant and equipment [Abstract]  
Schedule of Property plant and equipment
At December 31, 2025
Land
Plant
Furniture
Exploration
and
and
and
Under
and
buildings
equipment
fixtures
construction
evaluation
Total
Cost
Beginning of year
$
5,285,231
$
3,016,140
$
94,075
$
265,665
$
1,070,236
$
9,731,347
Additions
-
53
3
332,888
81
333,025
Transfers
95,360
137,244
8,650
(242,595)
-
(1,341)
Change in reclamation provision [note 15]
(33,908)
-
-
-
-
(33,908)
Disposals
(32,630)
(22,759)
(9,390)
(156)
-
(64,935)
Effect of movements in exchange rates
(31,085)
(8,871)
(161)
(28)
13,851
(26,294)
End of year
5,282,968
3,121,807
93,177
355,774
1,084,168
9,937,894
Accumulated depreciation
Beginning of year
3,592,617
2,277,906
87,211
36,798
459,632
6,454,164
Depreciation charge
172,805
114,340
6,625
614
-
294,384
Change in reclamation provision [note 15]
(a)
(28,333)
-
-
-
-
(28,333)
Disposals
(30,600)
(21,207)
(9,377)
-
-
(61,184)
Effect of movements in exchange rates
(29,745)
(8,821)
(152)
-
5,483
(33,235)
End of year
3,676,744
2,362,218
84,307
37,412
465,115
6,625,796
Right-of-use assets
Beginning of year
7,705
507
1,120
-
-
9,332
Additions
2,031
307
3,028
-
-
5,366
Depreciation charge
(1,623)
(500)
(937)
-
-
(3,060)
Transfers
1,365
(24)
-
-
-
1,341
End of year
9,478
290
3,211
-
-
12,979
Net book value at December 31, 2025
$
1,615,702
$
759,879
$
12,081
$
318,362
$
619,053
$
3,325,077
(a) Asset retirement obligation assets are adjusted when the Company updates its reclamation provisions due to new cash
flow estimates or changes in discount and inflation rates. When the assets of an operation have been written off due to an
impairment, as is the case with our Rabbit Lake operation and some of our operations in the United States, the adjustment is
recorded directly to the statement of earnings as other operating expense or income.
At December 31, 2024
Land
Plant
Furniture
Exploration
and
and
and
Under
and
buildings
equipment
fixtures
construction
evaluation
Total
Cost
Beginning of year
$
5,213,324
$
2,897,605
$
90,719
$
237,280
$
1,068,442
$
9,507,370
Additions
206
734
61
210,172
462
211,635
Transfers
72,014
105,291
4,299
(181,550)
-
54
Change in reclamation provision
(54,991)
-
-
-
-
(54,991)
Disposals
(210)
(3,004)
(1,300)
(255)
-
(4,769)
Effect of movements in exchange rates
54,888
15,514
296
18
1,332
72,048
End of year
5,285,231
3,016,140
94,075
265,665
1,070,236
9,731,347
Accumulated depreciation
Beginning of year
3,412,990
2,159,021
83,676
36,798
456,912
6,149,397
Depreciation charge
164,525
105,545
4,523
-
-
274,593
Change in reclamation provision
(a)
(37,683)
-
-
-
-
(37,683)
Disposals
(14)
(2,064)
(1,274)
-
-
(3,352)
Effect of movements in exchange rates
52,799
15,404
286
-
2,720
71,209
End of year
3,592,617
2,277,906
87,211
36,798
459,632
6,454,164
Right-of-use assets
Beginning of year
8,326
401
2,072
-
-
10,799
Additions
696
385
20
-
-
1,101
Depreciation charge
(1,291)
(251)
(972)
-
-
(2,514)
Transfers
(26)
(28)
-
-
-
(54)
End of year
7,705
507
1,120
-
-
9,332
Net book value at December 31, 2024
$
1,700,319
$
738,741
$
7,984
$
228,867
$
610,604
$
3,286,515
(a) Asset retirement obligation assets are adjusted when the Company updates its reclamation provisions due to new cash
flow estimates or changes in discount and inflation rates. When the assets of an operation have been written off due to an
impairment, as is the case with our Rabbit Lake operation and some of our operations in the United States, the adjustment is
recorded directly to the statement of earnings as other operating expense or income.