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Consolidated Statements of Financial Position - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 20,002 $ 2,061
Trade and other receivables (Note 7) 7,132 9,486
Inventories (Note 8) 10,704 8,657
Prepaid expenses 2,876 2,832
Total current assets 40,714 23,036
Non-current assets    
Restricted cash 4,527 4,351
Property, plant and equipment (Note 9) 147,399 153,101
Total assets 192,640 180,488
Current liabilities    
Trade and other payables 37,333 22,960
Metals contract liability (Note 10) 13,707 12,512
Derivative instruments (Note 12) 709 1,230
Convertible debenture (Note 12) 10,849 15,384
Shares pending issuance from retraction (Note 12) 0 436
Pre-payment facility (Note 13) 2,000 2,250
Credit facility (Note 14) 2,050 0
Promissory notes (Note 15) 0 4,275
Royalty payable (Note 16) 2,762 2,160
Total current liabilities 69,410 61,207
Non-current liabilities    
Other long-term liabilities 1,658 1,610
Metals contract liability (Note 10) 27,161 24,325
Silver contract liability (Note 11) 18,193 0
Credit facility (Note 14) 7,440 0
Royalty payable (Note 16) 0 1,787
Post-employment benefit obligations (Note 17) 3,892 6,537
Decommissioning provision (Note 18) 11,389 12,193
Deferred tax liabilities (Note 25) 48 629
Total liabilities 139,191 108,288
Equity    
Share capital (Note 19) 573,532 455,548
Equity reserve 56,521 52,936
Foreign currency translation reserve 14,426 8,325
Deficit (591,030) (463,391)
Attributable to shareholders of the Company 53,449 53,418
Non-controlling interests (Note 21) 0 18,782
Total equity 53,449 72,200
Total liabilities and equity $ 192,640 $ 180,488