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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
shares in Thousands, $ in Thousands
USD ($)
shares
Restricted share units
USD ($)
shares
Performance Share Units PSUs
USD ($)
Share capital
USD ($)
shares
Share capital
Restricted share units
USD ($)
shares
Share capital
Performance Share Units PSUs
USD ($)
shares
Contributed surplus
USD ($)
Contributed surplus
Restricted share units
USD ($)
Contributed surplus
Performance Share Units PSUs
USD ($)
Accumulated other comprehensive income (loss)
USD ($)
Retained (deficit) earnings
USD ($)
Non- controlling interests
USD ($)
Beginning balance number of shares outstanding (in shares) at Dec. 31, 2023 | shares       1,302,396                
Beginning balance equity at Dec. 31, 2023 $ 3,909,975     $ 3,454,811     $ 84,970     $ (125,256) $ 395,854 $ 99,596
Net income (loss) $ (626,653)                   (629,891) 3,238
Dividends (in shares) | shares 9,000     9,140                
Dividends (Note 14) $ (184,993)     $ 24,566     1,141       (210,700)  
Gain on investments, net of deferred income tax (Note 8) 22,485                 22,485    
Shares issued for flow-through financing (in shares) | shares       2,700                
Shares issued in flow-through financing (Note 14) $ 7,058     $ 7,058                
Shares issued on exercise of stock options (in shares) | shares 1,247     1,247                
Shares issued on exercise of stock options (Note 14) $ 3,122     $ 3,122                
Shares issued on vesting of RSUs and PSUs (in shares) | shares   1,625     1,614 944            
Shares issued on vesting of RSUs and PSUs   $ 0 $ 0   $ 6,839 $ 7,604   $ (6,839) $ (7,604)      
Shares issued from incentive trust (Note 14) 24     24                
Transactions with non-controlling interests (Note 15) (121,084)                   (70,882) (50,202)
Share-based payments (Note 14) 25,763           25,763          
Transfer to share capital on exercise of stock options and incentive trust shares 0     $ 6,247     (6,247)          
Ending balance number of shares outstanding (in shares) at Dec. 31, 2024 | shares       1,318,041                
Ending balance equity at Dec. 31, 2024 3,035,697     $ 3,510,271     91,184     (102,771) (515,619) 52,632
Net income (loss) $ 426,699                   401,908 24,791
Dividends (in shares) | shares 1,000     656                
Dividends (Note 14) $ (103,651)     $ 2,515     736       (106,902)  
Portion of convertible senior unsecured notes allocated to equity, net of deferred income tax (Note 12) 67,437                      
Gain on investments, net of deferred income tax (Note 8) 158,726                 158,726    
Shares issued for flow-through financing (in shares) | shares       2,385                
Shares issued in flow-through financing (Note 14) $ 9,903     $ 9,903                
Shares issued on exercise of stock options (in shares) | shares 19,639     19,638                
Shares issued on exercise of stock options (Note 14) $ 66,082     $ 66,082                
Shares issued on vesting of RSUs and PSUs (in shares) | shares   2,223     2,223              
Shares issued on vesting of RSUs and PSUs   $ 0     $ 7,359     $ (7,359)        
Shares purchased and cancelled under Normal Course Issuer Bid (in shares) | shares       (2,321)                
Shares purchased and cancelled under Normal Course Issuer Bid (Note 14) (9,849)     $ (9,849)                
Transactions with non-controlling interests (Note 15) (29,472)                   0 (29,472)
Share-based payments (Note 14) 19,944           19,944          
Transfer to share capital on exercise of stock options and incentive trust shares 0     $ 20,724     (20,724)          
Ending balance number of shares outstanding (in shares) at Dec. 31, 2025 | shares       1,340,622                
Ending balance equity at Dec. 31, 2025 $ 3,641,516     $ 3,607,005     $ 151,218     $ 55,955 $ (220,613) $ 47,951