v3.26.1
Property, Plant and Equipment (Tables)
 12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Schedule of Property, Plant and Equipment, Net

Cost

  

Mining
assets

  

Buildings

  

Plant &
equipment

  

Motor
vehicles

  

Capital
work in
progress

  

Total

Balance at January 1, 2024

  

36,368

  

2,040

 

  

69,840

 

  

2,037

 

  

8,961

 

  

119,246

 

Additions(1)

  

1,597

  

—

 

  

2,281

 

  

116

 

  

4,400

 

  

8,394

 

Change in rehabilitation asset estimate (see note 21)

  

—

  

—

 

  

5,433

 

  

—

 

  

—

 

  

5,433

 

Transfer into/within of property, plant and equipment (see note 15)

  

514

  

103

 

  

79

 

  

—

 

  

(486

)

  

210

 

Scrapping of Assets/Decommissioning

  

—

  

(15

)

  

(392

)

  

(76

)

  

—

 

  

(483

)

Balance at December 31, 2024(2)

  

38,479

  

2,128

 

  

77,241

 

  

2,077

 

  

12,875

 

  

132,800

 
         

 

    

 

    

 

    

 

    

 

Balance at January 1, 2025

  

38,479

  

2,128

 

  

77,241

 

  

2,077

 

  

12,875

 

  

132,800

 

Additions(1)

  

2,048

  

1,155

 

  

2,899

 

  

372

 

  

4,695

 

  

11,169

 

Change in rehabilitation asset estimate (see note 21)

  

—

  

—

 

  

319

 

  

—

 

  
 

 

  

319

 

Transfer into/within of property, plant and equipment (see note 15)

  

11,888

  

—

 

  

625

 

  

—

 

  

(12,141

)

  

372

 

Scrapping of Assets/Decommissioning

  

—

  

—

 

  

(2,103

)

  

—

 

  

—

 

  

(2,103

)

Balance at December 31, 2025(2)

  

52,415

  

3,283

 

  

78,981

 

  

2,449

 

  

5,429

 

  

142,557

 

Accumulated depreciation and
impairment

  

Mining
assets

  

Buildings

  

Plant &
equipment

  

Motor
vehicles

  

Capital
work in
progress

  

Total

At January 1, 2024

  

25,847

  

1,929

 

  

56,606

 

  

1,381

 

  

406

  

86,169

 

Depreciation

  

1,913

  

21

 

  

2,024

 

  

183

 

  

—

  

4,141

 

Impairment

  

—

  

—

 

  

5,724

 

  

—

 

  

—

  

5,724

 

Scrapping of Assets/Decommissioning

  

—

  

(15

)

  

(198

)

  

(65

)

  

—

  

(278

)

At December 31, 2024(2)

  

27,760

  

1,935

 

  

64,156

 

  

1,499

 

  

406

  

95,756

 
         

 

    

 

    

 

        

 

At January 1, 2025

  

27,760

  

1,935

 

  

64,156

 

  

1,499

 

  

406

  

95,756

 

Depreciation

  

4,206

  

66

 

  

2,722

 

  

273

 

  

—

  

7,267

 

Impairment

  

—

  

—

 

  

240

 

  

—

 

  

—

  

240

 

Scrapping of Assets/Decommissioning

  

—

  

—

 

  

(1,675

)

  

—

 

  

—

  

(1,675

)

At December 31, 2025(2)

  

31,966

  

2,001

 

  

65,443

 

  

1,772

 

  

406

  

101,588

 

Carrying value

  

Mining
assets

  

Buildings
(Note 23)

  

Plant &
equipment

  

Fittings &
motor
vehicles

  

Capital
work in
progress

  

Total

At December 31, 2024

  

$

10,719

  

$

193

  

$

13,085

  

$

578

  

$

12,469

  

$

37,044

At December 31, 2025

  

$

20,449

  

$

1,282

  

$

13,538

  

$

677

  

$

5,023

  

$

40,969

(1)      — Additions of $0.1 million and $0.2 million were included in trade payables as of December 31, 2025 and 2024 respectively. Additions of $nil and $ 0.6 were funded through Borrowings and paid directly to suppliers as of December 31, 2025 and 2024 respectively.

(2)      — The cost basis and the balance of accumulated depreciation and impairment contain assets which are fully depreciated but remain in service. As of December 31, 2025, and 2024, the initial costs of the fully depreciated assets which remain in service are $734 thousand and approximately $1,141 thousand respectively.