Business Description

4 Segment Information 4 Principal Products 4 Competition 5 Çöpler Incident 6 Environmental, Social and Governance 7 Human Capital 8 Available Information 9 ITEM 1A. RISK FACTORS 10 ITEM 1B. UNRESOLVED STAFF COMMENTS 41 ITEM 1C. CYBERSECURITY 42 ITEM 2. PROPERTIES 44 ITEM 3. LEGAL PROCEEDINGS 109 ITEM 4. MINE SAFETY DISCLOSURES 109 PART II ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASE OF EQUITY SECURITIES 110 ITEM 6. RESERVED 112 ITEM 7. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 113 Business Overview 113 Consolidated Results of Operations 113 Results of Operations 118 Liquidity and Capital Resources 123 Non-GAAP Financial Measures 126 Critical Accounting Policies and Estimates 133 New Accounting Pronouncements 136 Risks and Uncertainties 136 ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK 137 ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA 140 ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE 41 ITEM 9A. CONTROLS AND PROCEDURES 41 ITEM 9B. OTHER INFORMATION 42 ITEM 9C. DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS 42 PART III ITEM 10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE 43 ITEM 11. EXECUTIVE COMPENSATION 43 ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS 43 ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE 43 ITEM 14. PRINCIPAL ACCOUNTANT FEES AND SERVICES 43 PART IV ITEM 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES 43 ITEM 16. FORM 10-K SUMMARY 46 SIGNATURES 47 1 Table of Contents FORWARD-LOOKING STATEMENTS Certain statements contained in this report (including information incorporated by reference herein) are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and are intended to be covered by the safe harbor provided for under these sections. Forward looking statements can be identified with words such as “may,” “will,” “could,” “should,” “expect,” “plan,” “anticipate,” “believe,” “intend,” “estimate,” “projects,” “predict,” “potential,” “continue” and similar expressions, as well as statements written in the future tense. When made, forward-looking statements are based on information known to management at such time and/or management’s good faith belief with respect to future events. Such statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the Company’s (as defined herein) forward-looking statements. Many of these factors are beyond the Company’s ability to control or predict. Given these uncertainties, readers are cautioned not to place undue reliance on forward-looking statements.…