Fair value of financial instruments (Tables)

12 Months Ended

Dec. 31, 2025

Fair value of financial instruments

Summary of information about financial assets and liabilities measured at fair value


		2025
		Level 1		Level 2		Level 3		Total
		$		$		$		$
Recurring measurements
Financial assets at fair value through profit or loss
Warrants on equity securities
Publicly traded mining exploration and development companies
Precious metals		—		—		1,460		1,460
Financial assets at fair value through other comprehensive loss
Equity securities
Publicly traded mining exploration and development companies
Precious metals		2,426		—		—		2,426
Other minerals		11,610		—		—		11,610
		14,036		—		1,460		15,496


		2024
		Level 1		Level 2		Level 3		Total
		$		$		$		$
Recurring measurements
Financial assets at fair value through profit or loss
Warrants on equity securities
Publicly traded mining exploration and development companies
Precious metals		—		—		370		370
Financial assets at fair value through other comprehensive loss
Equity securities
Publicly traded mining exploration and development companies
Precious metals		2,706		—		—		2,706
Other minerals		7,257		—		—		7,257
		9,963		—		370		10,333

Schedule of the changes in the Level 3 investments


		2025		2024
		$		$

Balance – Beginning of period		370		4
Acquisitions		917		298
Change in fair value ⁽ⁱ⁾		173		68
Balance – End of period		1,460		370

(i)Recognized in the consolidated statements of loss under Other (expense) income, net.