| Schedule of Segment Reporting Information, by Segment |
The following tables provide a summary of financial information related to the Company’s segments (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended March 31, 2026 | | Marigold | | CC&V | | Seabee | | Puna | | Segment Total | | Corporate and other (1) | | Total from Continuing Operations | | | | | | Revenue | $ | 187,639 | | | $ | 186,452 | | | $ | 28,446 | | | $ | 179,241 | | | $ | 581,778 | | | $ | — | | | $ | 581,778 | | | | | | Cost of sales (2) | $ | 71,634 | | | $ | 54,746 | | | $ | 21,245 | | | $ | 47,494 | | | $ | 195,119 | | | $ | — | | | $ | 195,119 | | | | | | | Depreciation, depletion, and amortization | $ | 9,999 | | | $ | 5,379 | | | $ | 6,936 | | | $ | 7,711 | | | $ | 30,025 | | | $ | 155 | | | $ | 30,180 | | | | | | | General and administrative expense | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | 38,480 | | | $ | 38,480 | | | | | | | Exploration and evaluation | $ | 243 | | | $ | 23 | | | $ | 1,815 | | | $ | 2,120 | | | $ | 4,201 | | | $ | 1,103 | | | $ | 5,304 | | | | | | Reclamation and remediation costs | $ | 889 | | | $ | 3,993 | | | $ | 336 | | | $ | 1,280 | | | $ | 6,498 | | | $ | — | | | $ | 6,498 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Other operating expense (income), net | $ | 2,843 | | | $ | 643 | | | $ | 399 | | | $ | 224 | | | $ | 4,109 | | | $ | 1,707 | | | $ | 5,816 | | | | | | | Operating income (loss) | $ | 102,031 | | | $ | 121,668 | | | $ | (2,285) | | | $ | 120,412 | | | $ | 341,826 | | | $ | (41,445) | | | $ | 300,381 | | | | | | Interest expense | $ | — | | | $ | (8) | | | $ | (12) | | | $ | 5 | | | $ | (15) | | | $ | (1,255) | | | $ | (1,270) | | | | | | Interest income | $ | 203 | | | $ | 140 | | | $ | 204 | | | $ | 321 | | | $ | 868 | | | $ | 2,292 | | | $ | 3,160 | | | | | | Other income (expense) | $ | (203) | | | $ | 387 | | | $ | (22) | | | $ | 4,933 | | | $ | 5,095 | | | $ | (348) | | | $ | 4,747 | | | | | | | Foreign exchange gain (loss) | $ | — | | | $ | — | | | $ | 85 | | | $ | 5,577 | | | $ | 5,662 | | | $ | (2,719) | | | $ | 2,943 | | | | | | Income (loss) before income and mining taxes | $ | 102,031 | | | $ | 122,187 | | | $ | (2,030) | | | $ | 131,248 | | | $ | 353,436 | | | $ | (43,475) | | | $ | 309,961 | | | | | | | Capital expenditures | $ | 25,673 | | | $ | 7,477 | | | $ | 17,808 | | | $ | 4,745 | | | $ | 55,703 | | | $ | 30,624 | | | $ | 86,327 | | | | | | Total assets as of March 31, 2026 | $ | 928,448 | | | $ | 754,844 | | | $ | 368,182 | | | $ | 461,771 | | | $ | 2,513,245 | | | $ | 1,173,536 | | | $ | 3,686,781 | | | | | |
(1)Corporate and other consists of business activities that are not included within the reportable segments and is provided for reconciliation purposes. The exploration, evaluation and development properties and the portfolio of prospective exploration tenures, near or adjacent to the existing operations, are included in the respective reportable segment. The greenfield standalone prospects and development projects are included in Corporate and other. (2)Excludes depreciation, depletion, and amortization. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended March 31, 2025 | | Marigold | | CC&V (1) | | Seabee | | Puna | | Segment Total | | Corporate and other (2) | | Total from Continuing Operations | | | | | | Revenue | $ | 117,180 | | | $ | 34,872 | | | $ | 76,302 | | | $ | 88,264 | | | $ | 316,618 | | | $ | — | | | $ | 316,618 | | | | | | Cost of sales (3) | $ | 58,726 | | | $ | 17,966 | | | $ | 23,130 | | | $ | 36,819 | | | $ | 136,641 | | | $ | — | | | $ | 136,641 | | | | | | | Depreciation, depletion, and amortization | $ | 8,713 | | | $ | 504 | | | $ | 13,504 | | | $ | 7,780 | | | $ | 30,501 | | | $ | 112 | | | $ | 30,613 | | | | | | General and administrative expense | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | 23,894 | | | $ | 23,894 | | | | | | Exploration and evaluation | $ | 692 | | | $ | 195 | | | $ | 4,140 | | | $ | 373 | | | $ | 5,400 | | | $ | 561 | | | $ | 5,961 | | | | | | Reclamation and remediation costs | $ | 806 | | | $ | 1,284 | | | $ | 336 | | | $ | 1,279 | | | $ | 3,705 | | | $ | — | | | $ | 3,705 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Other operating expense (income), net | $ | 344 | | | $ | 3 | | | $ | — | | | $ | 236 | | | $ | 583 | | | $ | 8,437 | | | $ | 9,020 | | | | | | | Operating income (loss) | $ | 47,900 | | | $ | 14,920 | | | $ | 35,192 | | | $ | 41,776 | | | $ | 139,788 | | | $ | (33,004) | | | $ | 106,784 | | | | | | | Interest expense | $ | — | | | $ | — | | | $ | — | | | $ | (105) | | | $ | (105) | | | $ | (1,687) | | | $ | (1,792) | | | | | | | Interest income | $ | 1,600 | | | $ | — | | | $ | 428 | | | $ | 345 | | | $ | 2,373 | | | $ | 624 | | | $ | 2,997 | | | | | | | Other income (expense) | $ | (213) | | | $ | — | | | $ | (8) | | | $ | 3,824 | | | $ | 3,603 | | | $ | (348) | | | $ | 3,255 | | | | | | | Foreign exchange gain (loss) | $ | — | | | $ | — | | | $ | (107) | | | $ | (3,685) | | | $ | (3,792) | | | $ | (1,839) | | | $ | (5,631) | | | | | | Income (loss) before income and mining taxes | $ | 49,287 | | | $ | 14,920 | | | $ | 35,505 | | | $ | 42,155 | | | $ | 141,867 | | | $ | (36,254) | | | $ | 105,613 | | | | | | | Capital expenditures | $ | 15,250 | | | $ | 1,393 | | | $ | 11,802 | | | $ | 1,954 | | | $ | 30,399 | | | $ | 12,162 | | | $ | 42,561 | | | | | | Total assets as of March 31, 2025 | $ | 804,471 | | | $ | 516,068 | | | $ | 371,437 | | | $ | 339,334 | | | $ | 2,031,310 | | | $ | 945,933 | | | $ | 2,977,243 | | | | | |
(1)The reported statements of operations amounts reflect results for CC&V from the date of acquisition on February 28, 2025 through March 31, 2025. See Note 3 for additional information. (2)Corporate and other consists of business activities that are not included within the reportable segments and is provided for reconciliation purposes. The exploration, evaluation and development properties and the portfolio of prospective exploration tenures, near or adjacent to the existing operations (near-mine) are included in the respective reportable segment. The greenfield standalone prospects and development projects are included in Corporate and other. (3)Excludes depreciation, depletion, and amortization.
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