ADDED
There were 1,087,874,212 shares of common stock outstanding on February 12, 2026.
BUSINESS 6 Introduction 6 Segment Information 6 Products 6 Competition 9 Licenses and Concessions 9 Condition of Physical Assets and Insurance 9 Environmental, Social and Governance 10 Risk Factor Summary 13 Forward-Looking Statements 15 Available Information 17 ITEM 1A.
PROPERTIES 53 Production and Development Properties 53 Operating Statistics 63 Proven and Probable Reserves 70 Measured, Indicated, and Inferred Resources 78 ITEM 3.
MANAGEMENT S DISCUSSION AND ANALYSIS OF CONSOLIDATED FINANCIAL CONDITION AND RESULTS OF OPERATIONS 89 Overview 89 Consolidated Financial Results 90 Results of Consolidated Operations 94 Foreign Currency Exchange Rates 98 Liquidity and Capital Resources 99 Environmental 104 Forward Looking Statements 105 Non-GAAP Financial Measures 105 Accounting Developments 116 Critical Accounting Estimates 116 ITEM 7A.
Generally Accepted Accounting Principles GEO (2) Gold Equivalent Ounces GHG Greenhouse Gases, which are defined by the EPA as gases that trap heat in the atmosphere GISTM Global Industry Standard on Tailings Management IMF International Monetary Fund INDEC Instituto Nacional de Estadistca y Censos IFRS International Financial Reporting Standards LBMA London Bullion Market Association MD A Management s Discussion and Analysis of Consolidated Financial Condition and Results of Operations MINAM Ministry of the Environment of Peru Mine Act U.S.
Securities Act of 1933 SOFR Secured Overnight Financing Rate TSF Tailings Storage Facility UN The United Nations UOP Units of Production U.S.
(3) Excludes Depreciation and amortization and Reclamation and remediation .
(4) Calculated by dividing the costs applicable to sales of gold and other metals by gold ounces or gold equivalent ounces sold, respectively.
(5) All AISC figures are presented on a co-product basis; costs are allocated to co-product metals based upon the relative sales value, determined using GEO pricing, of gold and other metals produced during the period.
This increase was partially offset by the increase in Income and mining tax benefit (expense) and Impairment charges, primarily at Yanacocha .
REMOVED
There were 1,126,861,075 shares of common stock outstanding on February 13, 2025.
BUSINESS 5 Introduction 5 Segment Information 5 Products 5 Competition 8 Licenses and Concessions 8 Condition of Physical Assets and Insurance 8 Environmental, Social and Governance 9 Risk Factor Summary 12 Forward-Looking Statements 14 Available Information 16 ITEM 1A.
PROPERTIES 52 Production and Development Properties 52 Operating Statistics 62 Proven and Probable Reserves 69 Measured, Indicated, and Inferred Resources 78 ITEM 3.
MANAGEMENT S DISCUSSION AND ANALYSIS OF CONSOLIDATED FINANCIAL CONDITION AND RESULTS OF OPERATIONS 92 Overview 92 Consolidated Financial Results 93 Results of Consolidated Operations 98 Foreign Currency Exchange Rates 102 Liquidity and Capital Resources 103 Environmental 109 Forward Looking Statements 110 Non-GAAP Financial Measures 110 Accounting Developments 121 Critical Accounting Estimates 121 ITEM 7A.
Generally Accepted Accounting Principles GEO (2) Gold Equivalent Ounces GHG Greenhouse Gases, which are defined by the EPA as gases that trap heat in the atmosphere GISTM Global Industry Standard on Tailings Management IASB International Accounting Standards Board IFRS International Financial Reporting Standards LIBOR London Interbank Offered Rate LBMA London Bullion Market Association LME London Metal Exchange MD A Management s Discussion and Analysis of Consolidated Financial Condition and Results of Operations MINAM Ministry of the Environment of Peru Mine Act U.S.
Securities Act of 1933 SOFR Secured Overnight Financing Rate UN The United Nations UOP Units of Production U.S.
(3) Gold equivalent ounces are calculated as pounds or ounces produced or sold multiplied by the ratio of the other metals price to the gold price.
Refer to Results of Consolidated Operations within Part II, Item 7, MD A for further information.
(4) Excludes Depreciation and amortization and Reclamation and remediation .
Excluding the impact of acquired sites, the increase is primarily due to higher average realized prices for all metals, lower Impairment charges and Reclamation and remediation , and higher net income at Pe asquito which had been impacted in 2023 as a result of the labor strike; partially offset by the Loss on assets held for sale and higher income and mining tax expense.