v3.26.1
REVENUE
 6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
REVENUE REVENUE
The following table represents revenues by product (in thousands):

Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Gold sales
Marigold$127,313 $118,753 $314,887 $235,895 
CC&V
125,266 149,464 309,390 184,123 
Seabee
65,286 34,525 93,717 110,802 
Concentrate sales
Puna119,291 100,151 289,554 186,844 
Other (1)
Marigold 63 33 128 71 
CC&V
3,828 501 6,156 714 
Seabee
25 15 40 40 
Puna
2,726 2,013 11,704 3,584 
Total$443,798 $405,455 $1,025,576 $722,073 
(1)Other revenue includes: changes in the fair value of concentrate trade receivables due to changes in silver and base metal prices; and silver and copper by-product revenue arising from the production and sale of gold doré.
Revenue by metal
Revenue by metal type are as follows (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Gold $317,865 $302,742 $717,994 $530,820 
Silver109,629 87,210 269,114 162,485 
Lead8,261 11,430 17,895 22,481 
Zinc1,401 1,511 2,545 1,878 
Other (1)
6,642 2,562 18,028 4,409 
Total $443,798 $405,455 $1,025,576 $722,073 
(1)Other revenue includes: changes in the fair value of concentrate trade receivables due to changes in silver and base metal prices; and silver and copper by-product revenue arising from the production and sale of gold doré.
Provisional metal sales
As of June 30, 2026, the Company had silver sales of 4.0 million ounces at an average price of $74.79 per ounce, lead sales of 18.2 million pounds at an average price of $0.88 per pound, and zinc sales of 2.6 million pounds at an average price of $1.50 per pound, subject to normal course final pricing over the next several months.
For the three months ended June 30, 2026 and 2025, the change in the fair value of the Company’s embedded derivatives relating to provisional concentrate metal sales was an increase of $2.6 million and $2.0 million, respectively. For the six months ended June 30, 2026 and 2025, the change in the fair value of the Company’s embedded derivatives relating to provisional concentrate metal sales was an increase of $11.5 million and $3.6 million, respectively. The changes in fair value have been recorded in Revenue.