v3.26.1
SCHEDULE OF SEGMENT INFORMATION (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
IfrsStatementLineItems [Line Items]          
Total revenues $ 113,458 $ 73,295 $ 240,987 $ 143,609  
Total cost of sales (54,523) (42,568) (131,886) (80,446)  
Total depletion and amortization (7,796) (5,439) (15,093) (10,016)  
Gross profit 51,139 25,288 94,008 53,147  
Capital expenditures 16,371   16,371   $ 30,619
Total assets 490,181   490,181   445,771
Total liabilities (277,093)   (277,093)   (266,713)
Silver 69,452 43,543 157,689 85,045  
Zinc 61,834 44,929 119,296 91,956  
Lead 4,320 4,903 10,531 9,826  
Copper 4,538 1,868 8,706 4,099  
Illapa joint operation 55% interest (17,754) (14,355) (34,822) (31,682)  
Provisional pricing adjustments 600 1,139 41 2,896  
Smelting and refining costs (9,532) (8,732) (20,454) (18,531)  
Sales to external customers 113,458 73,295 240,987 143,609  
Mining operations [member]          
IfrsStatementLineItems [Line Items]          
Total revenues 74,804 51,223 152,021 103,714  
Total cost of sales (30,257) (29,229) (65,629) (58,449)  
Total depletion and amortization (7,212) (4,911) (13,902) (9,016)  
Mine operating costs  (37,469) (34,140) (79,531) (67,465)  
Gross profit 37,335 17,083 72,490 36,249  
Sales to external customers 74,804 51,223 152,021 103,714  
Ore processings [member]          
IfrsStatementLineItems [Line Items]          
Total revenues 38,654 22,072 88,966 39,895  
Ore processing costs (5,072) (3,978) (13,947) (7,050)  
Total depletion and amortization (584) (528) (1,191) (1,000)  
Mine operating costs  (24,850) (13,867) (67,448) (22,997)  
Gross profit 13,804 8,205 21,518 16,898  
Purchased ore & conc. costs (19,194) (9,361) (52,310) (14,947)  
Sales to external customers 38,654 22,072 88,966 39,895  
Operating segments [member]          
IfrsStatementLineItems [Line Items]          
Total revenues 113,458 73,295 240,987 143,609  
Total cost of sales (54,523) (42,568) (131,886) (80,446)  
Total depletion and amortization (7,796) (5,439) (15,093) (10,016)  
Gross profit 51,139 25,288 94,008 53,147  
Sales to external customers 113,458 73,295 240,987 143,609  
Bolivar [member]          
IfrsStatementLineItems [Line Items]          
Total revenues 9,037 8,203 18,500 17,797  
Capital expenditures 7,133   7,133   11,184
Total assets 144,475   144,475   138,287
Total liabilities (56,485)   (56,485)   (56,573)
Silver 12,680 11,530 23,918 23,606  
Zinc 6,872 7,435 16,818 17,951  
Lead 346 369 571 859  
Copper  
Illapa joint operation 55% interest (11,045) (10,026) (22,611) (21,751)  
Provisional pricing adjustments 903 76 1,532 245  
Smelting and refining costs (719) (1,181) (1,728) (3,113)  
Sales to external customers 9,037 8,203 18,500 17,797  
Bolivar [member] | Mining operations [member]          
IfrsStatementLineItems [Line Items]          
Total revenues 20,082 18,229 41,111 39,548  
Total cost of sales (7,919) (7,783) (20,628) (16,030)  
Total depletion and amortization (4,573) (3,437) (8,982) (5,760)  
Mine operating costs  (12,492) (11,220) (29,610) (21,790)  
Gross profit 7,590 7,009 11,501 17,758  
Sales to external customers 20,082 18,229 41,111 39,548  
Bolivar [member] | Ore processings [member]          
IfrsStatementLineItems [Line Items]          
Total revenues  
Ore processing costs  
Total depletion and amortization  
Mine operating costs   
Gross profit  
Purchased ore & conc. costs  
Sales to external customers  
Bolivar [member] | Operating segments [member]          
IfrsStatementLineItems [Line Items]          
Total revenues 20,082 18,229 41,111 39,548  
Total cost of sales (7,919) (7,783) (20,628) (16,030)  
Total depletion and amortization (4,573) (3,437) (8,982) (5,760)  
Gross profit 7,590 7,009 11,501 17,758  
Sales to external customers 20,082 18,229 41,111 39,548  
Porco [member]          
IfrsStatementLineItems [Line Items]          
Total revenues 5,491 3,542 9,992 8,126  
Capital expenditures 969   969   1,887
Total assets 87,786   87,786   88,393
Total liabilities (37,288)   (37,288)   (39,876)
Silver 4,116 2,724 7,463 7,420  
Zinc 8,153 5,609 15,431 11,500  
Lead 266 302 359 820  
Copper  
Illapa joint operation 55% interest (6,709) (4,329) (12,211) (9,931)  
Provisional pricing adjustments 401 18 390 105  
Smelting and refining costs (736) (782) (1,440) (1,788)  
Sales to external customers 5,491 3,542 9,992 8,126  
Porco [member] | Mining operations [member]          
IfrsStatementLineItems [Line Items]          
Total revenues 12,200 7,871 22,203 18,057  
Total cost of sales (6,063) (4,745) (12,153) (10,146)  
Total depletion and amortization (1,455) (742) (2,962) (2,083)  
Mine operating costs  (7,518) (5,487) (15,115) (12,229)  
Gross profit 4,682 2,384 7,088 5,828  
Sales to external customers 12,200 7,871 22,203 18,057  
Porco [member] | Ore processings [member]          
IfrsStatementLineItems [Line Items]          
Total revenues  
Ore processing costs  
Total depletion and amortization  
Mine operating costs   
Gross profit  
Purchased ore & conc. costs  
Sales to external customers  
Porco [member] | Operating segments [member]          
IfrsStatementLineItems [Line Items]          
Total revenues 12,200 7,871 22,203 18,057  
Total cost of sales (6,063) (4,745) (12,153) (10,146)  
Total depletion and amortization (1,455) (742) (2,962) (2,083)  
Gross profit 4,682 2,384 7,088 5,828  
Sales to external customers 12,200 7,871 22,203 18,057  
Caballo blanco group [member]          
IfrsStatementLineItems [Line Items]          
Total revenues 24,303 18,901 48,790 34,008  
Capital expenditures 4,209   4,209   5,097
Total assets 124,262   124,262   136,936
Total liabilities (104,460)   (104,460)   (133,428)
Silver 11,494 10,816 26,447 17,401  
Zinc 11,660 7,703 21,471 17,016  
Lead 829 1,130 1,959 1,823  
Copper  
Illapa joint operation 55% interest  
Provisional pricing adjustments 1,249 373 869 383  
Smelting and refining costs (929) (1,121) (1,956) (2,615)  
Sales to external customers 24,303 18,901 48,790 34,008  
Caballo blanco group [member] | Mining operations [member]          
IfrsStatementLineItems [Line Items]          
Total revenues 24,303 18,901 48,790 34,008  
Total cost of sales (4,942) (5,855) (14,300) (11,515)  
Total depletion and amortization (2,083) (1,908) (4,118) (3,865)  
Mine operating costs  (7,025) (7,763) (18,418) (15,380)  
Gross profit 17,278 11,138 30,372 18,628  
Sales to external customers 24,303 18,901 48,790 34,008  
Caballo blanco group [member] | Ore processings [member]          
IfrsStatementLineItems [Line Items]          
Total revenues  
Ore processing costs  
Total depletion and amortization  
Mine operating costs   
Gross profit  
Purchased ore & conc. costs  
Sales to external customers  
Caballo blanco group [member] | Operating segments [member]          
IfrsStatementLineItems [Line Items]          
Total revenues 24,303 18,901 48,790 34,008  
Total cost of sales (4,942) (5,855) (14,300) (11,515)  
Total depletion and amortization (2,083) (1,908) (4,118) (3,865)  
Gross profit 17,278 11,138 30,372 18,628  
Sales to external customers 24,303 18,901 48,790 34,008  
Zimapan [member]          
IfrsStatementLineItems [Line Items]          
Total revenues 35,973 20,577 74,739 43,783  
Capital expenditures 6,638   6,638   15,602
Total assets 95,076   95,076   66,534
Total liabilities (47,218)   (47,218)   (42,714)
Silver 24,144 10,196 50,271 21,729  
Zinc 12,755 8,404 23,790 18,696  
Lead 2,053 2,146 4,261 4,503  
Copper 4,538 1,868 8,706 4,099  
Illapa joint operation 55% interest  
Provisional pricing adjustments (2,438) 1,649 (1,885) 3,240  
Smelting and refining costs (5,079) (3,686) (10,404) (8,484)  
Sales to external customers 35,973 20,577 74,739 43,783  
Zimapan [member] | Mining operations [member]          
IfrsStatementLineItems [Line Items]          
Total revenues 35,973 20,577 74,739 43,783  
Total cost of sales (18,013) (17,358) (34,832) (34,165)  
Total depletion and amortization (2,862) (1,741) (5,299) (2,858)  
Mine operating costs  (20,875) (19,099) (40,131) (37,023)  
Gross profit 15,098 1,478 34,608 6,760  
Sales to external customers 35,973 20,577 74,739 43,783  
Zimapan [member] | Ore processings [member]          
IfrsStatementLineItems [Line Items]          
Total revenues  
Ore processing costs  
Total depletion and amortization  
Mine operating costs   
Gross profit  
Purchased ore & conc. costs  
Sales to external customers  
Zimapan [member] | Operating segments [member]          
IfrsStatementLineItems [Line Items]          
Total revenues 35,973 20,577 74,739 43,783  
Total cost of sales (18,013) (17,358) (34,832) (34,165)  
Total depletion and amortization (2,862) (1,741) (5,299) (2,858)  
Gross profit 15,098 1,478 34,608 6,760  
Sales to external customers 35,973 20,577 74,739 43,783  
San lucas group [member]          
IfrsStatementLineItems [Line Items]          
Total revenues 38,654 22,072 88,966 39,895  
Capital expenditures 1,879   1,879   3,895
Total assets 100,476   100,476   74,026
Total liabilities (27,615)   (27,615)   (4,405)
Silver 17,018 8,277 49,590 14,889  
Zinc 22,394 15,778 41,786 26,793  
Lead 826 956 3,381 1,821  
Copper  
Illapa joint operation 55% interest  
Provisional pricing adjustments 485 (977) (865) (1,077)  
Smelting and refining costs (2,069) (1,962) (4,926) (2,531)  
Sales to external customers 38,654 22,072 88,966 39,895  
San lucas group [member] | Mining operations [member]          
IfrsStatementLineItems [Line Items]          
Total revenues  
Total cost of sales  
Total depletion and amortization  
Mine operating costs   
Gross profit  
Sales to external customers  
San lucas group [member] | Ore processings [member]          
IfrsStatementLineItems [Line Items]          
Total revenues 38,654 22,072 88,966 39,895  
Ore processing costs (5,072) (3,978) (13,947) (7,050)  
Total depletion and amortization (584) (528) (1,191) (1,000)  
Mine operating costs  (24,850) (13,867) (67,448) (22,997)  
Gross profit 13,804 8,205 21,518 16,898  
Purchased ore & conc. costs (19,194) (9,361) (52,310) (14,947)  
Sales to external customers 38,654 22,072 88,966 39,895  
San lucas group [member] | Operating segments [member]          
IfrsStatementLineItems [Line Items]          
Total revenues 38,654 22,072 88,966 39,895  
Total cost of sales (24,266) (13,339) (66,257) (21,997)  
Total depletion and amortization (584) (528) (1,191) (1,000)  
Gross profit 13,804 8,205 21,518 16,898  
Sales to external customers 38,654 22,072 88,966 39,895  
Illapa joint operation eliminations [member]          
IfrsStatementLineItems [Line Items]          
Capital expenditures (4,457)   (4,457)   (7,046)
Total assets (86,223)   (86,223)   (85,092)
Total liabilities 31,091   31,091   30,785
Illapa joint operation eliminations [member] | Mining operations [member]          
IfrsStatementLineItems [Line Items]          
Total revenues (17,754) (14,355) (34,822) (31,682)  
Total cost of sales 6,680 6,512 16,284 13,407  
Total depletion and amortization 3,761 2,917 7,459 5,550  
Mine operating costs  10,441 9,429 23,743 18,957  
Gross profit (7,313) (4,926) (11,079) (12,725)  
Sales to external customers (17,754) (14,355) (34,822) (31,682)  
Illapa joint operation eliminations [member] | Ore processings [member]          
IfrsStatementLineItems [Line Items]          
Total revenues  
Ore processing costs  
Total depletion and amortization  
Mine operating costs   
Gross profit  
Purchased ore & conc. costs  
Sales to external customers  
Illapa joint operation eliminations [member] | Operating segments [member]          
IfrsStatementLineItems [Line Items]          
Total revenues (17,754) (14,355) (34,822) (31,682)  
Total cost of sales 6,680 6,512 16,284 13,407  
Total depletion and amortization 3,761 2,917 7,459 5,550  
Gross profit (7,313) (4,926) (11,079) (12,725)  
Sales to external customers (17,754) $ (14,355) (34,822) $ (31,682)  
Corporate and others [member]          
IfrsStatementLineItems [Line Items]          
Capital expenditures    
Total assets 24,329   24,329   26,687
Total liabilities $ (35,118)   $ (35,118)   $ (20,502)