v3.25.4
NON-CONTROLLING INTERESTS (Tables)
12 Months Ended
Dec. 31, 2025
Non-controlling interests [Abstract]  
Schedules of non-controlling interests
a) Non-Controlling Interests Continuity
Nevada
Gold Mines
Pueblo
Viejo
Tanzania
Mines1
Loulo-
Gounkoto
Tongon
Reko Diq
Other
Total
NCI in subsidiary at December 31, 2025
38.5%
40%
16%
20%
10.3%
50%
Various
At January 1, 2024
$6,162
$1,143
$322
$760
$16
$338
($80)
$8,661
Share of income (loss)
884
101
53
(31)
(63)
944
Cash contributed
146
146
Disbursements
(667)
(84)
(34)
(785)
At December 31, 2024
$6,379
$1,160
$375
$695
$16
$421
($80)
$8,966
Share of income (loss)
1,851
272
95
(57)
10
(10)
2,161
Cash contributed
362
362
Loss of control (note 35)
(686)
(686)
Acquisitions (divestitures)2
404
(19)
385
Disbursements
(1,579)
(168)
(75)
(7)
(1,829)
At December 31, 2025
$6,651
$1,264
$395
$356
$—
$773
($80)
$9,359
1Tanzania mines consist of the two operating mines, North Mara and Bulyanhulu.
2Refer to note 4 for further details.
b) Summarized Financial Information on Subsidiaries with Material Non-Controlling Interests
Summarized Balance Sheets
  
Nevada Gold
Mines
Pueblo Viejo
Tanzania Mines1
Loulo-Gounkoto
Tongon
Reko Diq
As at
Dec. 31,
2025
As at
Dec. 31,
2024
As at
Dec. 31,
2025
As at
Dec. 31,
2024
As at
Dec. 31,
2025
As at
Dec. 31,
2024
As at
Dec. 31,
2025
As at
Dec. 31,
2024
As at
Dec. 31,
2025
As at
Dec. 31,
2024
As at
Dec. 31,
2025
As at
Dec. 31,
2024
Current assets
$4,610
$3,812
$983
$776
$391
$332
$729
$974
$—
$136
$140
$94
Non-current assets
14,249
14,590
5,464
5,210
2,267
2,215
3,342
3,446
183
1,791
933
Total assets
$18,859
$18,402
$6,447
$5,986
$2,658
$2,547
$4,071
$4,420
$—
$319
$1,931
$1,027
Current liabilities
1,006
807
1,374
1,245
601
636
911
284
138
625
241
Non-current liabilities
1,090
1,082
1,604
1,543
464
438
691
537
46
12
2
Total liabilities
$2,096
$1,889
$2,978
$2,788
$1,065
$1,074
$1,602
$821
$—
$184
$637
$243
Summarized Statements of Income
  
Nevada Gold
Mines
Pueblo Viejo
Tanzania Mines1
Loulo-Gounkoto
Tongon
Reko Diq
For the years ended
December 31
2025
2024
2025
2024
2025
2024
2025
2024
2025
2024
2025
2024
Revenue
$9,498
$6,616
$2,300
$1,429
$1,683
$1,265
$505
$1,346
$406
$399
$—
$—
Income (loss) from continuing
operations after tax
5,624
2,635
568
212
589
331
(209)
(174)
(44)
(4)
6
(126)
Other comprehensive income
(loss)
23
(4)
1
(1)
Total comprehensive income
(loss)
$5,647
$2,631
$568
$212
$590
$330
($209)
($174)
($44)
($4)
$6
($126)
Dividends paid to NCI2
$1,579
$667
$168
$84
$8
$—
$—
$34
$6
$—
$—
$—
Summarized Statements of Cash Flows
 
 
 
Nevada Gold
Mines
Pueblo Viejo
Tanzania Mines1
Loulo-Gounkoto
Tongon
Reko Diq
For the years ended
December 31
2025
2024
2025
2024
2025
2024
2025
2024
2025
2024
2025
2024
Net cash provided by (used in)
operating activities
$5,450
$2,994
$925
$619
$613
$467
$463
$496
$129
($3)
($43)
($180)
Net cash provided by (used in)
investing activities
(1,280)
(1,331)
(363)
(308)
(378)
(295)
48
(383)
(64)
(23)
(723)
(128)
Net cash provided by (used in)
financing activities
(4,104)
(1,733)
(442)
(80)
(249)
(134)
(1)
(162)
(63)
(1)
815
380
Net increase (decrease) in
cash and cash equivalents
$66
($70)
$120
$231
($14)
$38
$510
($49)
$2
($27)
$49
$72
1Tanzania mines consist of the two operating mines, North Mara and Bulyanhulu.
2Includes partner distributions