v3.26.1
COST OF SALES
6 Months Ended
Jun. 30, 2026
Cost of sales [Abstract]  
Cost of Sales Cost of Sales
  
Gold
Copper
Other3
Total
For the three months ended June 30
2026
2025
2026
2025
2026
2025
2026
2025
Site operating costs1,2
$1,357
$1,179
$165
$99
$—
$—
$1,522
$1,278
Depreciation1
478
359
71
68
6
9
555
436
Royalty expense
196
103
43
25
—
—
239
128
Mining and production taxes
68
25
—
—
—
—
68
25
Community relations
10
10
1
1
—
—
11
11
$2,109
$1,676
$280
$193
$6
$9
$2,395
$1,878
  
Gold
Copper
Other3
Total
For the six months ended June 30
2026
2025
2026
2025
2026
2025
2026
2025
Site operating costs1,2
$2,536
$2,276
$308
$225
$—
$—
$2,844
$2,501
Depreciation1
927
701
114
128
14
18
1,055
847
Royalty expense
389
198
73
46
—
—
462
244
Mining and production taxes
114
48
—
—
—
—
114
48
Community relations
17
21
2
2
—
—
19
23
$3,983
$3,244
$497
$401
$14
$18
$4,494
$3,663
1Site operating costs and depreciation include charges to reduce the cost of inventory to net realizable value as follows: $33 million for Q2 2026 (Q2 2025: $nil) and
$64 million for YTD 2026 (YTD 2025: $1 million).
2Site operating costs includes the costs of extracting by-products.
3Other includes corporate amortization.