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Financial instruments (Tables)
12 Months Ended
Dec. 31, 2025
Disclosure of fair value measurement [Abstract]  
Disclosure of fair value measurement of assets
As at December 31, 2025, the Company’s financial assets and liabilities measured at fair value are categorized as follows:
 As at December 31, 2025As at December 31, 2024
 Level 1Level 2Level 3Level 1Level 2Level 3
 $$$$$$
Long-term investments (Note 8)
286,066   76,717 —  
Short-term investments (Note 6)
4,868   11,565 —  
Gold derivative contracts (Note 17)
 (233,821) — 111  
Fuel derivative contracts (Note 17)
 (4,415) — (2,259) 
Gold stream obligation (Note 18)
  (282,731)— — (166,425)
Disclosure of fair value measurement of liabilities
The following is a summary of the changes in the gold stream obligation:
 $
Balance at December 31, 2023139,600 
Change in fair value26,825 
Balance at December 31, 2024166,425 
Change in fair value118,364 
Gold delivered(2,058)
Balance at December 31, 2025282,731 
Less current portion(24,500)
258,231 
As at December 31, 2025, the Company’s financial assets and liabilities measured at fair value are categorized as follows:
 As at December 31, 2025As at December 31, 2024
 Level 1Level 2Level 3Level 1Level 2Level 3
 $$$$$$
Long-term investments (Note 8)
286,066   76,717 —  
Short-term investments (Note 6)
4,868   11,565 —  
Gold derivative contracts (Note 17)
 (233,821) — 111  
Fuel derivative contracts (Note 17)
 (4,415) — (2,259) 
Gold stream obligation (Note 18)
  (282,731)— — (166,425)
Disclosure of liquidity risk
As at December 31, 2025, the Company’s significant commitments are disclosed in the table below. In addition, significant commitments are disclosed in Note 12 for debt repayments and Note 26 for capital expenditure commitments.
 20262027202820292030Total
 $$$$$$
Accounts payable and accrued liabilities174,802 — — — — 174,802 
Convertible notes
Principal (Note 12)
— — — — 460,000 460,000 
Interest12,650 12,650 12,650 12,650 6,325 56,925 
Revolving credit facility:
Principal (Note 12)
— — 150,000 — — 150,000 
Interest & commitment fees (estimated)9,420 9,420 9,083 — — 27,923 
Fekola equipment loan facilities:
Principal7,835 7,835 7,835 2,815 — 26,320 
Interest (estimated)1,355 897 441 38 — 2,731 
Goose equipment loan facility:
Principal698 — — — — 698 
Interest (estimated)21 — — — — 21 
Lease liabilities
Principal17,718 12,177 7,085 2,608 2,404 41,992 
224,499 42,979 187,094 18,111 468,729 941,412 
Capital expenditure commitments39,084 — — — — 39,084 
Other liabilities10,767 4,922 1,441 6,116 3,932 27,178 
 274,350 47,901 188,535 24,227 472,661 1,007,674