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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
OPERATING ACTIVITIES    
Net income from continuing operations $ 288,777 $ 90,318
Items not involving cash:    
Depletion and depreciation 191,019 175,516
Accretion expense 7,827 5,921
Income taxes 111,398 51,416
Interest expense, net 4,677 17,561
Share-based payments, net of cash settlements 23,757 8,012
Reversal of impairment of mineral properties, plant and equipment (52,745)  
Inventory net realizable value adjustments (16,651) 4,693
Write-off of mineral properties 5,038  
Unrealized foreign exchange gains (5,857) (1,157)
Investment gains (3,364) (9,716)
Other (1,596) 488
Changes in working capital (15) (57,035)
Cash provided by operating activities 552,265 286,017
Income taxes paid (101,269) (38,953)
Interest paid (9,504) (15,052)
Interest received 13,874 3,684
Net cash provided by operating activities - continuing operations 455,366 235,696
Net cash provided by operating activities - discontinued operations 11,984 129,981
INVESTING ACTIVITIES    
Investments in equity securities (6,110)  
Additions to mineral properties and property, plant and equipment (178,004) (161,080)
Purchases of investments (18,804) (35,857)
Proceeds from sale of marketable securities and investment maturities 22,839 45,573
Receipts (deposits) on long-term assets 3,497 (1,769)
Other investing activities 14,768 (472)
Cash used in investing activities - continuing operations (161,814) (153,605)
Cash provided by (used in) investing activities - discontinued operations 71,680 (40,835)
FINANCING ACTIVITIES    
Repurchase of common shares (10,267) (34,128)
Payments of lease obligations (24,374) (15,773)
Dividend payment to non-controlling interests (12,978)  
Cash used in financing activities - continuing operations (47,726) (60,501)
Cash used in financing activities - discontinued operations (12,879) (5,634)
Effect of exchange rate changes on cash and cash equivalents 6,046 (1,922)
Increase in cash and cash equivalents during the year - continuing operations 251,872 19,668
Increase in cash and cash equivalents during the year - discontinued operations 70,785 83,512
Cash and cash equivalents, beginning of the year 231,328 128,148
Cash and cash equivalents, end of the year 553,985 231,328
2019 Convertible Debentures    
FINANCING ACTIVITIES    
Repayment of credit facility   (9,649)
Credit Facility    
FINANCING ACTIVITIES    
Convertible notes issued   68,000
Repayment of credit facility   (233,000)
Cost of financing - Convertible Notes $ (107) (1,963)
Convertible notes 2024    
FINANCING ACTIVITIES    
Convertible notes issued   172,500
Cost of financing - Convertible Notes   $ (6,488)