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OTHER EXPENSE (INCOME) (Tables)
12 Months Ended
Dec. 31, 2024
Other expense (income) [Abstract]  
Schedule of other expense (income)
For the years ended December 31 2024 2023
Other Expense:
Litigation costs $25  $21 
Loss on warrant investments at FVPL 4 
Bank charges 4 
Porgera care and maintenance costs   65 
Tanzania community relations projects1
40  30 
Tax interest and penalties 62  — 
Tongon customs and royalty settlement 60  — 
Payment to Mali Government to advance negotiations3
84  — 
Litigation accruals and settlements   15 
Other 57  53 
Total other expense $336  $191 
Other Income:
Gain on acquisition/sale of non-current assets2
($24) ($364)
Twiga partnership economic benefits sharing adjustment (22) — 
Insurance proceeds related to Pueblo Viejo (46) — 
Gain on non-hedge derivatives (13) (1)
Interest income on other assets (17) (21)
Total other income ($122) ($386)
Total $214  ($195)
12024 amounts relate to commitment for road construction and 2023 amounts relate to education infrastructure program, both under the Twiga partnership.
22023 includes a gain of $352 million upon completion of the Porgera Project Commencement Agreement which resulted in the derecognition of the joint operation and recognition of the joint venture for the Porgera mine (refer to note 4 for further details).
3Refer to note 35 for further details.