Mining interests and Property, plant and equipment (Tables)

12 Months Ended

Dec. 31, 2025

Mining interests and Property, plant and equipment

Schedule of mining interests and property, plant and equipment



		Plant and		Mining		Right-of-use		Construction-
		Equipment		Interests		assets		in-progress		2025
		$		$				$		$
Cost– Beginning of period		107,818		510,986		6,045		15,525		640,374
Additions		10,548		32,582		3,947		59,707		106,784
Assets classified as held for sale and other disposals		(21,992)		(30,483)		(31)		—		(52,506)
Asset retirement obligations		—		4,545		—		—		4,545
Depreciation capitalized		—		2,834		—		—		2,834
Share-based compensation capitalized		—		134		—		—		134
Impairment		(1,091)		(25,344)		(9)		(2,231)		(28,675)
Borrowing costs		—		10,140		—		—		10,140
Transfers		94		—		—		(94)		—
Currency translation adjustments		452		661		(60)		(105)		948
Cost – End of period		95,829		506,055		9,892		72,802		684,578

Accumulated depreciation – Beginning of period		39,458		4,316		2,807		—		46,581
Depreciation		11,105		1,264		782		—		13,151
Assets classified as held for sale and other disposals		(14,180)		(5,357)		(31)		—		(19,568)
Impairment		(745)		—		(9)		—		(754)
Currency translation adjustments		426		444		(28)		—		842
Accumulated depreciation – End of period		36,064		667		3,521		—		40,252

Cost		95,829		506,055		9,892		72,802		684,578
Accumulated depreciation		(36,064)		(667)		(3,521)		—		(40,252)
Net book value		59,765		505,388		6,371		72,802		644,326

(i)

On November 24, 2025, the Company entered into an agreement to sell the San Antonio Gold Project. Accordingly, all assets related to the San Antonio Gold Project were reclassified to assets classified as held for sale as at December 31, 2025. The sale closed on January 27, 2026. Additional information is provided in Note 6 – Assets Classified as Held for Sale and discontinued operations.


		Plant and		Mining		Right-of-use		Construction-
		Equipment		Interests		assets		in-progress		2024
		$		$				$		$
Cost– Beginning of period		114,043		456,467		6,132		11,399		588,041
Additions		3,515		35,538		—		4,588		43,641
Assets classified as held for sale and other disposals		(6,937)		—		(189)		—		(7,126)
Asset retirement obligations		—		13,524		—		—		13,524
Depreciation capitalized		—		2,397		—		—		2,397
Share-based compensation capitalized		—		70		—		—		70
Impairment		(2,848)		—		—		(514)		(3,362)
Other		—		(534)		—		—		(534)
Borrowing costs		—		3,123		—		—		3,123
Transfers		124		—		—		(124)		—
Currency translation adjustments		(79)		401		102		176		600
Cost – End of period		107,818		510,986		6,045		15,525		640,374

Accumulated depreciation – Beginning of period		32,211		4,772		2,078		—		39,061
Depreciation		12,800		140		834		—		13,774
Assets classified as held for sale and other disposals		(5,230)		—		(137)		—		(5,367)
Impairment		—		—		—		—		—
Currency translation adjustments		(322)		(596)		31		—		(887)
Accumulated depreciation – End of period		39,458		4,316		2,807		—		46,581

Cost		107,818		510,986		6,045		15,525		640,374
Accumulated depreciation		(39,458)		(4,316)		(2,807)		—		(46,581)
Net book value		68,360		506,670		3,238		15,525		593,793

(i)

As at December 31, 2024, an amount of $0.4 million remained classified as Assets classified as held for sale in the consolidated statements of financial position for equipment sold in January 2025.