v3.26.1
OPERATING EXPENSE
 12 Months Ended
Dec. 31, 2025
Operating Expense [Abstract]  
OPERATING EXPENSE OPERATING EXPENSE
Operating expense during the years ended December 31, 2025 and 2024 consists of the following expenses by nature:
20252024
Raw materials and consumables$336,083 $236,496 
Salaries and employee benefits(1)
184,473 126,910 
Contractors214,531 140,774 
Repairs and maintenance78,376 46,593 
Site administration71,603 81,966 
Royalties39,879 15,644 
924,945 648,383 
Change in inventories(90,356)(51,462)
Total operating expense$834,589 $596,921 
(1)    Total salaries and employee benefits, excluding share-based compensation, for the year ended December 31, 2025, including amounts recognized within care and maintenance expense, exploration and evaluation expense and general and administration expense, was $268.7 million (2024 – $146.3 million).