v3.26.1
Consolidated Statements of Financial Position
$ in Thousands, $ in Thousands, $ in Thousands
Dec. 31, 2025
CAD ($)
Dec. 31, 2024
CAD ($)
Current assets    
Cash and cash equivalents $ 422,283 $ 106,653
Amounts receivable 9,357 2,569
Inventories 7,845 8,695
Other current assets 2,803 4,903
Sub total 442,288 122,820
Assets classified as held for sale 37,523 430
Total current assets 479,811 123,250
Non-current assets    
Investments in associates 15,092 12,183
Other investments 15,496 10,333
Mining interests and property, plant and equipment 644,326 593,793
Exploration and evaluation 89,635 86,258
Other assets 17,914 31,085
Total assets 1,262,274 856,902
Current liabilities    
Accounts payable and accrued liabilities 30,594 26,294
Current portion of long-term debt and lease liabilities 6,771 40,675
Deferred consideration and contingent payments 3,427 3,597
Contract liability 643 109
Environmental rehabilitation provision 6,970 5,974
Warrant liability 225,000 67,852
Sub total 273,405 144,501
Liabilities associated with assets held for sale 58,446  
Total current liabilities 331,851 144,501
Non-current liabilities    
Long-term debt and lease liabilities 137,786 5,964
Deferred consideration and contingent payments 5,364 8,635
Contract liability 4,041 42,344
Flow-through premium liability 8,334  
Environmental rehabilitation provision 92,209 84,829
Total liabilities 579,585 286,273
Equity    
Share capital 1,416,739 1,137,362
Warrants 20,884 11,859
Contributed surplus 20,976 20,228
Accumulated other comprehensive loss (9,135) (503)
Deficit (766,775) (598,317)
Total shareholder's equity 682,689 570,629
Total liabilities and shareholder's equity $ 1,262,274 $ 856,902