v3.26.1
INVESTMENTS (Tables)
6 Months Ended
Jun. 30, 2026
Investments, Debt and Equity Securities [Abstract]  
Schedule of Investments
At June 30,
2026
At December 31,
2025
Current investments:
Marketable equity securities (1)(2)
$— $594 
Non-current investments:
Marketable equity and other securities (3)
$414 $171 
Equity method investments (% ownership): 
Pueblo Viejo Mine (40%)
1,555 1,584 
NuevaUnión Project (50%)
975 973 
Lundin Gold (32%) (3)
595 905 
Norte Abierto Project (50%)
583 553 
3,708 4,015 
$4,122 $4,186 
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(1)In the first quarter of 2026, the Company sold the remaining Greatland Resources Limited ("Greatland") shares for $134 as a result of the Greatland option being exercised. Refer to Note 16 for further information.
(2)In the first quarter of 2026, the Company sold its investment in SolGold plc for net proceeds of $116.
(3)Refer below for additional information regarding Lundin Gold Inc.'s ("Lundin Gold") distribution of LunR Royalties Corp. ("LunR") in the second quarter of 2026, resulting in the recognition of a marketable equity security and a corresponding reduction in the Company's investment in Lundin Gold.
Schedule of Equity Income (Loss) of Affiliates
The following table provides the income (loss) from the Company's equity method investments, recognized in Equity income (loss) of affiliates:
Three Months Ended
June 30,
Six Months Ended
June 30,
2026202520262025
Pueblo Viejo (40%)
$101 $15 $189 $59 
Lundin Gold (32%)
77 37 140 64 
Norte Abierto Project (50%) (1)
25 24 
NuevaUnión Project (50%)
(4)— 
$204 $49 $353 $127 
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(1)Includes the Company's proportionate share of a gain recognized by the Norte Abierto joint venture on the sale of one of its properties to a third party during the second quarter of 2026. Cash proceeds from the sale are expected to be distributed to the joint venture partners in the third quarter of 2026. The transaction resulted in the removal of all mineral resources associated with the sold property, which represented approximately 7%, 6%, and 3% of gold, copper, and silver resources, respectively, as disclosed in in Part I, Item 2, of the Company's Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the SEC on February 19, 2026. There was no impact to the Company's reported reserves related to the sold property.