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Income and other taxes (Tables)
12 Months Ended
Dec. 31, 2025
Disclosure of income tax [Abstract]  
Disclosure of major components of tax expense (income) These differences result from the following items:
 20252024
 $$
Income (loss) from operations before taxes976,799 (309,224)
Canadian federal and provincial income tax rates27.00 %27.00 %
Income tax expense at statutory rates263,736 (83,490)
Increase (decrease) attributable to:  
Losses and tax bases for which no tax benefit has been recorded130,186 26,479 
Effects of different foreign statutory tax rates136,558 40,141 
Withholding and other taxes118,526 29,423 
Change due to foreign exchange(63,457)29,894 
Benefit of optional tax incentives(41,382)(21,625)
Non-deductible expenditures31,340 11,340 
Use of losses and temporary differences not previously recognised(45,548)— 
Future withholding tax expense (recovery)14,117 (2,699)
Change in income tax rates4,000 (8,884)
Change in accruals for tax audits and settlement of income tax and customs assessments (Note 9)
2,279 67,352 
Change in non-taxable portions of gains(963)807 
Amounts under provided for in prior years708 1,193 
Benefit not recorded on impairment losses 227,498 
Income tax expense550,100 317,429 
Current income tax, withholding and other taxes694,650 319,726 
Deferred income tax recovery(144,550)(2,297)
Income tax expense550,100 317,429 
Disclosure of contingent liability related to tax audit
Total provision for tax disputes recognized are as follows:
 20252024
 $$
Opening balance 10,799 
Additions1,594 — 
Reductions (10,799)
Closing balance1,594 — 
Disclosure of income tax by geographical jurisdiction
Total income tax expense (recovery) attributable to geographical jurisdiction is as follows:
 20252024
 $$
Mali310,390 176,094 
Namibia157,007 85,828 
Philippines112,566 55,838 
Canada(29,249)(713)
Other(614)382 
 550,100 317,429 
Disclosure of temporary difference, unused tax losses and unused tax credits
The composition of the Company’s net deferred income tax (liabilities) assets and deferred tax expense (recovery) is as follows:
 Deferred tax
(liabilities)/assets
Deferred income tax expense/(recovery)
 As at December 31, 2025As at December 31, 202420252024
 $$$$
Operating loss carry-forwards84,196 2,033 (82,163)7,280 
Current assets and liabilities38,233 (5,304)(43,537)3,862 
Mining interests(120,060)(150,161)(30,101)(2,245)
Mine restoration provisions17,234 15,413 (1,821)(909)
Long term debt(20,490)— 20,490 — 
Future withholding tax(49,966)(35,849)14,117 (2,699)
Unrealized gains(24,050)— 24,050 (10,127)
Deferred tax charged to equity — (49,715)(856)
Other 4,130 4,130 3,397 
 (74,903)(169,738)(144,550)(2,297)

Represented on the balance sheet as:
 20252024
 $$
Deferred tax asset(76,440)— 
Deferred tax liability151,343 169,738 
Balance, end of year74,903 169,738 
The change for the year in the Company’s net deferred tax liability was as follows:
 20252024
 $$
Balance, beginning of year169,738 171,179 
Deferred income tax recovery charged to statement of operations(144,550)(2,297)
Deferred income tax liability charged to equity24,943 — 
Deferred income tax expense charged to equity24,772 856 
Balance, end of year74,903 169,738 
Disclosure of unrecognized temporary difference, unused tax losses and unused tax credits
The Company has the following unrecognized deferred tax assets:
 20252024
 $$
Capital and non-capital tax losses254,045 175,765 
Gold stream and derivative financial instruments106,370 
Mining interests and other68,239 153,892 
Mine restoration provisions18,057 10,423 
Other liabilities8,692 2,401 
Current assets2,100 868 
 457,503 343,349