v3.26.1
SCHEDULE OF COST OF SALES (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
IfrsStatementLineItems [Line Items]        
Consumables and materials $ 3,716 $ 2,590 $ 7,761 $ 4,957
Energy 1,009 566 2,063 1,282
Insurance 701 707 1,656 1,532
Mining and plant maintenance costs 24,098 19,435 47,142 38,063
Other costs 517 (148) (422) (406)
Production Costs 30,041 23,150 58,200 45,428
Cost of sales 54,523 42,568 131,886 80,446
Mining operation [member]        
IfrsStatementLineItems [Line Items]        
Transportation and other selling costs 4,467 3,508 8,112 7,444
Mining royalties expense [1] 2,349 1,002 5,511 2,350
Finished goods inventory changes (2,933) 1,163 (3,223) 2,425
Change in estimate of decommissioning provisions (note 12(a)) (4,657) (4,657)
Cost of sales 29,267 28,823 63,943 57,647
Ore processings [member]        
IfrsStatementLineItems [Line Items]        
Purchased ore costs [2] 26,899 9,703 69,738 15,653
Ore processing costs 7,910 4,385 17,481 7,853
Finished goods inventory changes (7,705) (343) (17,428) (707)
Change in estimate of decommissioning provisions (note 12(a)) (1,848) (1,848)
Cost of sales $ 25,256 $ 13,745 $ 67,943 $ 22,799
[1] Mining royalty expense includes a 1% royalty on silver revenue payable to the Mexican government and mining royalties payable to the Bolivian government based upon 5% zinc and 6% silver gross sales revenue from Bolivian mining operations.
[2] Purchased ore costs are the amounts paid to third-party miners for the purchase of ore from mineral properties not owned by the Company which is then processed and sold by the Company to generate sales revenue (refer to note 14(b)). The amount paid to third-party miners is based upon the ore’s metal content and prevailing metal prices at the time of purchase.