EXPLORATION, EVALUATION AND PROJECT EXPENSES

12 Months Ended

Dec. 31, 2025

Exploration, evaluation and project expenses [Abstract]

Exploration, Evaluation and Project Expenses

n Exploration, Evaluation and Project Expenses


For the years ended December 31	2025	2024
Global exploration and evaluation1	$220	$153
Project costs:
Reko Diq	11	126
Other	109	76
Minesite exploration and evaluation1	27	37
Total exploration, evaluation and project expenses	$367	$392

1Approximates the impact on operating cash flow.