SEGMENT INFORMATION (Details) - USD ($) $ in Thousands |
12 Months Ended |
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
| IfrsStatementLineItems [Line Items] |
|
|
|
| Revenue |
$ 921,733
|
$ 594,163
|
$ 416,894
|
| Depletion and amortization |
(229)
|
(885)
|
(266)
|
| Gross profit |
534,873
|
251,270
|
126,017
|
| Exploration expenses |
8,018
|
13,961
|
11,781
|
| Other income (expense), net |
(17,447)
|
(1,267)
|
660
|
| Finance expense |
416,085
|
157,782
|
54,004
|
| Finance income |
9,091
|
6,103
|
4,625
|
| Interest expense on loans and debentures |
(25,913)
|
(22,063)
|
(12,464)
|
| Income/ (Loss) before income taxes |
51,873
|
52,420
|
38,306
|
| Current tax |
138,831
|
52,971
|
18,798
|
| Deferred tax |
(7,618)
|
29,720
|
(12,372)
|
| Income taxes |
131,213
|
82,691
|
6,426
|
| (Loss) / Profit for the year |
(79,340)
|
(30,271)
|
31,880
|
| Minosa Mine [Member] |
|
|
|
| IfrsStatementLineItems [Line Items] |
|
|
|
| Revenue |
230,518
|
177,692
|
122,046
|
| Cost of goods sold |
(80,847)
|
(88,999)
|
(82,893)
|
| Depletion and amortization |
(5,002)
|
(5,873)
|
(5,325)
|
| Gross profit |
144,669
|
82,820
|
33,828
|
| General and administrative expenses |
(4,302)
|
(4,383)
|
(4,543)
|
| Exploration expenses |
(1,345)
|
(1,107)
|
(289)
|
| Change in estimation for mine closure and restoration |
|
|
|
| Other income (expense), net |
(8,455)
|
(1,899)
|
(1,043)
|
| Operating income/(loss) |
130,567
|
75,431
|
27,953
|
| Finance expense |
(4,124)
|
(5,411)
|
(4,715)
|
| Finance income |
331
|
180
|
109
|
| Interest expense on loans and debentures |
(1,368)
|
(1,899)
|
|
| Income/ (Loss) before income taxes |
125,406
|
68,301
|
21,236
|
| Current tax |
(34,573)
|
(19,174)
|
(7,048)
|
| Deferred tax |
4,361
|
(764)
|
860
|
| Income taxes |
(30,212)
|
(19,938)
|
(6,188)
|
| (Loss) / Profit for the year |
95,194
|
48,363
|
15,048
|
| Property, plant and equipment |
70,928
|
62,566
|
55,362
|
| Total assets |
108,077
|
90,620
|
58,905
|
| Total liabilities |
94,085
|
94,976
|
80,902
|
| Purchase of property, plant and equipment |
11,720
|
9,983
|
6,383
|
| Interest in debt |
|
|
(2,111)
|
| Apoena Mine [Member] |
|
|
|
| IfrsStatementLineItems [Line Items] |
|
|
|
| Revenue |
120,389
|
90,273
|
83,784
|
| Cost of goods sold |
(44,153)
|
(46,398)
|
(51,865)
|
| Depletion and amortization |
(14,489)
|
(16,477)
|
(17,554)
|
| Gross profit |
61,747
|
27,398
|
14,365
|
| General and administrative expenses |
(3,822)
|
(4,481)
|
(4,835)
|
| Exploration expenses |
(413)
|
(368)
|
(238)
|
| Change in estimation for mine closure and restoration |
(239)
|
1,330
|
|
| Other income (expense), net |
(1,751)
|
317
|
(24)
|
| Operating income/(loss) |
55,522
|
24,196
|
9,268
|
| Finance expense |
(9,942)
|
(16,034)
|
(9,966)
|
| Finance income |
669
|
704
|
694
|
| Interest expense on loans and debentures |
(4,810)
|
317
|
|
| Income/ (Loss) before income taxes |
41,439
|
9,183
|
(4,723)
|
| Current tax |
(4,066)
|
(1,984)
|
(705)
|
| Deferred tax |
(20)
|
(2,286)
|
1,040
|
| Income taxes |
(4,086)
|
(4,270)
|
335
|
| (Loss) / Profit for the year |
37,353
|
4,913
|
(4,388)
|
| Property, plant and equipment |
77,081
|
62,779
|
83,095
|
| Total assets |
201,519
|
189,770
|
186,537
|
| Total liabilities |
135,387
|
139,871
|
158,389
|
| Purchase of property, plant and equipment |
34,652
|
5,580
|
17,789
|
| Interest in debt |
|
|
(4,719)
|
| Aranzazu Mine [Member] |
|
|
|
| IfrsStatementLineItems [Line Items] |
|
|
|
| Revenue |
246,405
|
196,787
|
176,814
|
| Cost of goods sold |
(95,140)
|
(94,198)
|
(87,168)
|
| Depletion and amortization |
(27,690)
|
(25,538)
|
(20,391)
|
| Gross profit |
123,575
|
77,051
|
69,255
|
| General and administrative expenses |
(6,785)
|
(7,143)
|
(3,860)
|
| Exploration expenses |
(3,594)
|
(4,673)
|
(6,916)
|
| Change in estimation for mine closure and restoration |
|
|
|
| Other income (expense), net |
(714)
|
(1,840)
|
(944)
|
| Operating income/(loss) |
112,482
|
63,395
|
57,535
|
| Finance expense |
(6,041)
|
(2,077)
|
(925)
|
| Finance income |
235
|
|
104
|
| Interest expense on loans and debentures |
(2,275)
|
(1,840)
|
|
| Income/ (Loss) before income taxes |
104,401
|
59,478
|
53,843
|
| Current tax |
(32,727)
|
(15,859)
|
(10,533)
|
| Deferred tax |
(8,944)
|
(15,080)
|
(234)
|
| Income taxes |
(41,671)
|
(30,939)
|
(10,767)
|
| (Loss) / Profit for the year |
62,730
|
28,539
|
43,076
|
| Property, plant and equipment |
132,240
|
127,509
|
121,445
|
| Total assets |
428,473
|
346,398
|
286,344
|
| Total liabilities |
121,689
|
102,365
|
70,846
|
| Purchase of property, plant and equipment |
29,209
|
29,350
|
24,502
|
| Interest in debt |
|
|
(2,871)
|
| Almas Mine [Member] |
|
|
|
| IfrsStatementLineItems [Line Items] |
|
|
|
| Revenue |
195,981
|
129,411
|
34,250
|
| Cost of goods sold |
(57,232)
|
(51,451)
|
(22,135)
|
| Depletion and amortization |
(12,508)
|
(13,959)
|
(3,546)
|
| Gross profit |
126,241
|
64,001
|
8,569
|
| General and administrative expenses |
(4,484)
|
(2,808)
|
(2,084)
|
| Exploration expenses |
(1,931)
|
(1,134)
|
|
| Change in estimation for mine closure and restoration |
|
|
|
| Other income (expense), net |
(4,869)
|
74
|
(1,599)
|
| Operating income/(loss) |
114,957
|
60,133
|
4,886
|
| Finance expense |
(8,577)
|
(14,357)
|
(740)
|
| Finance income |
4,351
|
1,936
|
405
|
| Interest expense on loans and debentures |
(14,326)
|
74
|
|
| Income/ (Loss) before income taxes |
96,405
|
47,786
|
1,788
|
| Current tax |
(37,314)
|
(13,010)
|
(512)
|
| Deferred tax |
7,038
|
(10,393)
|
9,615
|
| Income taxes |
(30,276)
|
(23,403)
|
9,103
|
| (Loss) / Profit for the year |
66,129
|
24,383
|
10,891
|
| Property, plant and equipment |
157,034
|
145,296
|
145,316
|
| Total assets |
325,020
|
301,453
|
157,382
|
| Total liabilities |
259,374
|
232,488
|
109,064
|
| Purchase of property, plant and equipment |
23,402
|
13,865
|
40,612
|
| Interest in debt |
|
|
(2,763)
|
| Borborema Mine [Member] |
|
|
|
| IfrsStatementLineItems [Line Items] |
|
|
|
| Revenue |
108,202
|
|
|
| Cost of goods sold |
(28,459)
|
|
|
| Depletion and amortization |
(7,177)
|
|
|
| Gross profit |
72,566
|
|
|
| General and administrative expenses |
(2,863)
|
(849)
|
(1,086)
|
| Exploration expenses |
(440)
|
(305)
|
|
| Change in estimation for mine closure and restoration |
|
|
|
| Other income (expense), net |
145
|
(1)
|
(25)
|
| Operating income/(loss) |
69,408
|
(1,155)
|
(1,111)
|
| Finance expense |
(15,555)
|
(14,871)
|
|
| Finance income |
339
|
1,636
|
1,065
|
| Interest expense on loans and debentures |
(3,134)
|
(2)
|
|
| Income/ (Loss) before income taxes |
51,058
|
(14,392)
|
(45)
|
| Current tax |
(22,556)
|
|
|
| Deferred tax |
5,991
|
|
|
| Income taxes |
(16,565)
|
|
|
| (Loss) / Profit for the year |
34,493
|
(14,392)
|
(45)
|
| Property, plant and equipment |
242,987
|
184,092
|
59,557
|
| Total assets |
162,565
|
135,152
|
194,872
|
| Total liabilities |
156,520
|
151,233
|
136,961
|
| Purchase of property, plant and equipment |
56,682
|
117,187
|
2,588
|
| Interest in debt |
|
|
|
| Serra Grande Mine [Member] |
|
|
|
| IfrsStatementLineItems [Line Items] |
|
|
|
| Revenue |
20,238
|
|
|
| Cost of goods sold |
(10,306)
|
|
|
| Depletion and amortization |
(3,857)
|
|
|
| Gross profit |
6,075
|
|
|
| General and administrative expenses |
(224)
|
|
|
| Exploration expenses |
(134)
|
|
|
| Change in estimation for mine closure and restoration |
(250)
|
|
|
| Other income (expense), net |
26
|
|
|
| Operating income/(loss) |
5,493
|
|
|
| Finance expense |
669
|
|
|
| Finance income |
|
|
|
| Interest expense on loans and debentures |
|
|
|
| Income/ (Loss) before income taxes |
6,162
|
|
|
| Current tax |
|
|
|
| Deferred tax |
(1,753)
|
|
|
| Income taxes |
(1,753)
|
|
|
| (Loss) / Profit for the year |
4,409
|
|
|
| Property, plant and equipment |
141,589
|
|
|
| Total assets |
196,800
|
|
|
| Total liabilities |
95,493
|
|
|
| Purchase of property, plant and equipment |
3,784
|
|
|
| Total Reportable Segments [Member] |
|
|
|
| IfrsStatementLineItems [Line Items] |
|
|
|
| Revenue |
921,733
|
594,163
|
416,894
|
| Cost of goods sold |
(316,137)
|
(281,046)
|
(244,061)
|
| Depletion and amortization |
(70,723)
|
(61,847)
|
(46,816)
|
| Gross profit |
534,873
|
251,270
|
126,017
|
| General and administrative expenses |
(22,480)
|
(19,664)
|
(16,408)
|
| Exploration expenses |
(7,857)
|
(7,587)
|
(7,443)
|
| Change in estimation for mine closure and restoration |
(489)
|
1,330
|
|
| Other income (expense), net |
(15,618)
|
(3,349)
|
(3,635)
|
| Operating income/(loss) |
488,429
|
222,000
|
98,531
|
| Finance expense |
(43,570)
|
(52,750)
|
(16,346)
|
| Finance income |
5,925
|
4,456
|
2,377
|
| Interest expense on loans and debentures |
(25,913)
|
(3,350)
|
|
| Income/ (Loss) before income taxes |
424,871
|
170,356
|
72,098
|
| Current tax |
(131,236)
|
(50,027)
|
(18,798)
|
| Deferred tax |
6,673
|
(28,523)
|
11,281
|
| Income taxes |
(124,563)
|
(78,550)
|
(7,517)
|
| (Loss) / Profit for the year |
300,308
|
91,806
|
64,582
|
| Property, plant and equipment |
821,859
|
582,242
|
464,775
|
| Total assets |
1,422,454
|
1,063,393
|
884,040
|
| Total liabilities |
862,548
|
720,933
|
556,162
|
| Purchase of property, plant and equipment |
159,449
|
175,965
|
91,874
|
| Interest in debt |
|
|
(12,464)
|
| Non Reportable Segments [Member] |
|
|
|
| IfrsStatementLineItems [Line Items] |
|
|
|
| Revenue |
|
|
|
| Cost of goods sold |
|
|
|
| Depletion and amortization |
|
|
|
| Gross profit |
|
|
|
| General and administrative expenses |
(27,572)
|
(13,609)
|
|
| Exploration expenses |
(161)
|
(6,374)
|
|
| Change in estimation for mine closure and restoration |
|
|
|
| Other income (expense), net |
(1,829)
|
2,082
|
|
| Operating income/(loss) |
(29,562)
|
(17,901)
|
|
| Finance expense |
(346,602)
|
(103,765)
|
|
| Finance income |
3,166
|
1,647
|
|
| Interest expense on loans and debentures |
|
2,083
|
|
| Income/ (Loss) before income taxes |
(372,998)
|
(117,936)
|
|
| Current tax |
(7,595)
|
(2,944)
|
|
| Deferred tax |
945
|
(1,197)
|
|
| Income taxes |
(6,650)
|
(4,141)
|
|
| (Loss) / Profit for the year |
(379,648)
|
(122,077)
|
|
| Property, plant and equipment |
123,495
|
28,542
|
|
| Total assets |
186,542
|
16,869
|
|
| Total liabilities |
480,711
|
136,374
|
|
| Purchase of property, plant and equipment |
19,985
|
4,612
|
|
| Total [Member] |
|
|
|
| IfrsStatementLineItems [Line Items] |
|
|
|
| Revenue |
921,733
|
594,163
|
416,894
|
| Cost of goods sold |
(316,137)
|
(281,046)
|
(244,061)
|
| Depletion and amortization |
(70,723)
|
(61,847)
|
(46,816)
|
| Gross profit |
534,873
|
251,270
|
126,017
|
| General and administrative expenses |
(50,052)
|
(33,273)
|
(27,211)
|
| Exploration expenses |
(8,018)
|
(13,961)
|
(11,781)
|
| Change in estimation for mine closure and restoration |
(489)
|
1,330
|
|
| Other income (expense), net |
(17,447)
|
(1,267)
|
660
|
| Operating income/(loss) |
458,867
|
204,099
|
87,685
|
| Finance expense |
(390,172)
|
(156,515)
|
(41,540)
|
| Finance income |
9,091
|
6,103
|
4,625
|
| Interest expense on loans and debentures |
(25,913)
|
(1,267)
|
|
| Income/ (Loss) before income taxes |
51,873
|
52,420
|
38,306
|
| Current tax |
(138,831)
|
(52,971)
|
(18,798)
|
| Deferred tax |
7,618
|
(29,720)
|
12,372
|
| Income taxes |
(131,213)
|
(82,691)
|
(6,426)
|
| (Loss) / Profit for the year |
(79,340)
|
(30,271)
|
31,880
|
| Property, plant and equipment |
945,354
|
610,784
|
488,733
|
| Total assets |
1,608,996
|
1,080,262
|
923,824
|
| Total liabilities |
1,343,259
|
857,307
|
609,022
|
| Purchase of property, plant and equipment |
$ 179,434
|
$ 180,577
|
96,094
|
| Interest in debt |
|
|
(12,464)
|
| All other segments [member] |
|
|
|
| IfrsStatementLineItems [Line Items] |
|
|
|
| Revenue |
|
|
|
| Cost of goods sold |
|
|
|
| Depletion and amortization |
|
|
|
| Gross profit |
|
|
|
| General and administrative expenses |
|
|
(10,803)
|
| Exploration expenses |
|
|
(4,338)
|
| Other income (expense), net |
|
|
4,295
|
| Operating income/(loss) |
|
|
(10,846)
|
| Finance expense |
|
|
(25,194)
|
| Finance income |
|
|
2,248
|
| Income/ (Loss) before income taxes |
|
|
(33,792)
|
| Current tax |
|
|
|
| Deferred tax |
|
|
1,091
|
| Income taxes |
|
|
1,091
|
| (Loss) / Profit for the year |
|
|
(32,702)
|
| Property, plant and equipment |
|
|
23,958
|
| Total assets |
|
|
39,784
|
| Total liabilities |
|
|
52,860
|
| Purchase of property, plant and equipment |
|
|
4,220
|
| Interest in debt |
|
|
|