| Expenses [Text Block] |
| |
|
Year ended |
|
| |
|
December 31,
2025 |
|
|
December 31,
2024 |
|
| Finance costs: |
|
|
|
|
|
|
| Interest expense and fees |
$ |
13,011 |
|
$ |
9,109 |
|
| Interest on lease liabilities |
|
2 |
|
|
37 |
|
| Accretion |
|
130 |
|
|
314 |
|
| |
$ |
13,143 |
|
$ |
9,460 |
|
| Operating costs: |
|
|
|
|
|
|
| Direct mine and production costs |
$ |
52,559 |
|
$ |
68,478 |
|
| Conversion costs |
|
13,762 |
|
|
8,240 |
|
| Product acquisition costs |
|
4,580 |
|
|
4,996 |
|
| |
|
Year ended |
|
| |
|
December 31,
2025 |
|
|
December 31,
2024 |
|
| Royalties |
|
5,096 |
|
|
7,052 |
|
| Distribution costs |
|
7,305 |
|
|
7,418 |
|
| Vanadium and warehouse materials inventory write-down (note 5) |
|
20,412 |
|
|
14,135 |
|
| Depreciation and amortization |
|
21,107 |
|
|
26,795 |
|
| Ilmenite costs and write-down (note 5) |
|
7,819 |
|
|
8,192 |
|
| Iron ore costs |
|
- |
|
|
512 |
|
| |
$ |
132,640 |
|
$ |
145,818 |
|
| Employee compensation amounts included in the consolidated statements of income (loss): |
|
|
|
|
|
|
| Compensation |
$ |
5,655 |
|
$ |
8,372 |
|
| Share-based payments |
|
2,289 |
|
|
1,321 |
|
| |
$ |
7,944 |
|
$ |
9,693 |
|
| |
|
|
|
|
|
|
| Total depreciation and amortization amounts included in the consolidated statements of income (loss): |
$ |
21,995 |
|
$ |
28,675 |
|
|