v3.26.1
Fair Value Measurements (Tables)
 3 Months Ended
Mar. 31, 2026
Fair Value Disclosures [Abstract]  
Schedule of Fair Value Adjustments to Comprehensive income (Loss)
 Three Months Ended March 31,
In thousands20262025
Acquired bullion and metal inventory monetization$— $(346)
Fair value adjustments, net$— $(346)
Financial assets and liabilities measured at fair value on recurring basis
The following table presents the Company’s financial assets and liabilities measured at fair value on a recurring basis (at least annually) by level within the fair value hierarchy. Assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement:
 Fair Value at March 31, 2026
In thousandsTotalLevel 1Level 2Level 3  
Assets:
Provisional metal sales contracts$1,751 $— $1,751 $— 
Gold and copper swap contracts2,667 — $2,667 — 
$4,418 $— $4,418 $— 
Liabilities:
Provisional metal sales contracts$2,620 $— $2,620 $— 
$2,620 $— $2,620 $— 
 
 Fair Value at December 31, 2025
In thousandsTotalLevel 1Level 2Level 3  
Assets:
Provisional metal sales contracts$1,103 $— $1,103 $— 
Liabilities:
Provisional metal sales contracts$124 $— $124 $— 
Financial Assets and Liabilities not Measured at Fair Value
The fair values of financial liabilities carried at book value in the financial statements at March 31, 2026 and December 31, 2025 is presented in the following tables, respectively:
 March 31, 2026
In thousandsBook ValueFair ValueLevel 1Level 2Level 3  
Liabilities:
2029 Senior Notes(1)
$290,975 $287,947 $— $287,947 $— 
New Gold 2032 Senior Notes$425,008 $425,008 $— $425,008 $— 
Deferred Cash Due 2026$4,914 $4,851 $— $4,851 $— 
(1) Net of unamortized debt issuance costs of $2.1 million.

 December 31, 2025
In thousandsBook ValueFair ValueLevel 1Level 2Level 3  
Liabilities:
2029 Senior Notes(1)
$290,792 $289,232 $— $289,232 $— 
Deferred Cash Due 2026$4,829 $4,852 $— $4,852 $— 
(1) Net of unamortized debt issuance costs of $2.3 million.