Overview
- Fourth-quarter net earnings rose 151% year over year to $1.43 per share as attributable EBITDA reached $3.08 billion.
- Operating cash flow climbed to $2.73 billion and free cash flow to $1.62 billion in the quarter.
- The planned IPO would group stakes in Nevada Gold Mines and the Pueblo Viejo project into a standalone North American company.
- Management issued production guidance of 2.9–3.25 million ounces of gold in 2026 and 3.3–3.65 million ounces in 2027, plus 2026 copper of 190,000–220,000 tonnes at C1 cash costs of $2.20–$2.45 per pound.
- Mark Hill was appointed to oversee the separation and public listing process.