v3.26.1
Revenue from contracts with customers (Tables)
12 Months Ended
Dec. 31, 2025
Revenue From Contracts With Customers [Abstract]  
Schedule of Deferred Revenue
The movements in Xavantina Gold Stream deferred revenue during the years ended December 31, 2025 and 2024 are comprised of the following:
December 31, 2025
December 31,
2024
Gold ounces delivered in the period(1)
9,692 
15,917 
Balance, beginning of year
$
62,989 
$
75,549 
Advances
50,000 
3,249 
Accretion expense
6,764 
2,501 
Amortization of deferred revenue(2)
(14,003)
(18,310)
Balance, end of year
$
105,750 
$
62,989 
Current portion
$
12,800 
$
14,758 
Non-current portion
92,950 
48,231 
(1)        During the year ended December 31, 2025, the Company delivered 9,692 ounces of gold (December 31, 2024 - 15,917 ounces) to Royal Gold for average consideration of $1,213 per ounce (December 31, 2024 - $473 per ounce). At December 31, 2025, a cumulative 54,869 ounces (December 31, 2024 - 45,177 ounces) of gold have been delivered under the Xavantina Gold Stream.
(2)    Amortization of deferred revenue during the year ended December 31, 2025 was net of $0.2 million (December 31, 2024 - $3.0 million) related to change in estimate attributed to advances received and change in life-of-mine production estimates.