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MINERAL PROPERTIES, PLANT AND EQUIPMENT (Tables)
12 Months Ended
Dec. 31, 2025
Property, plant and equipment [abstract]  
Schedule of Information About Property Plant and Equipment
Note
Mineral properties
(note 10(a))
Plant and
equipment
Construction-
in-progress
(note 10(b))
Exploration and evaluation assetsTotal
Cost
Balance – December 31, 2023
$2,217,943 $971,885 $746,138 $51,003 $3,986,969 
Remeasurement to fair value on Greenstone Acquisition5(c)684,254 (15,227)— — 669,027 
Acquired in Greenstone Acquisition(1)
5(c)890,390 76,013 479,937 5,762 1,452,102 
Additions(2)
135,442 102,829 285,419 — 523,690 
Transfers436,969 818,419 (1,255,388)— — 
Disposals— (52,820)— — (52,820)
Change in reclamation and closure cost asset16,161 — — — 16,161 
Foreign currency translation(50,456)(14,716)(43,846)406 (108,612)
Balance – December 31, 2024
4,330,703 1,886,383 212,260 57,171 6,486,517 
Acquired in Calibre Acquisition5(a)2,020,450 274,972 630,410  2,925,832 
Additions(2)
257,661 293,901 202,359  753,921 
Transfers272,823 729,148 (1,001,971)  
Disposals(3)
(55,920)(75,947)  (131,867)
Change in reclamation and closure cost asset70,838    70,838 
Reclassified to assets held for sale9(765,258)(572,430)(3,493)(13,750)(1,354,931)
Balance – December 31, 2025
$6,131,297 $2,536,027 $39,565 $43,421 $8,750,310 
Accumulated depreciation and depletion
Balance – December 31, 2023
$457,780 $303,976 $— $— $761,756 
Remeasurement to fair value on Greenstone Acquisition5(c)— (14,699)— — (14,699)
Depreciation and depletion97,570 118,884 — — 216,454 
Disposals— (40,895)— — (40,895)
Foreign currency translation— (812)— — (812)
Balance – December 31, 2024
555,350 366,454 — — 921,804 
Depreciation and depletion360,944 238,861   599,805 
Disposals(3)
(3,624)(48,179)  (51,803)
Reclassified to assets held for sale9(334,087)(295,738)  (629,825)
Balance – December 31, 2025
$578,583 $261,398 $ $ $839,981 
Net book value
At December 31, 2024
$3,775,353 $1,519,929 $212,260 $57,171 $5,564,713 
At December 31, 2025
$5,552,714 $2,274,629 $39,565 $43,421 $7,910,329 
(1)Acquired in Greenstone Acquisition amounts represent the fair values of 40% of Greenstone’s mineral properties, plant and equipment that the Company did not previously own prior to the Greenstone Acquisition.
(2)Additions for the year ended December 31, 2025 include the following non-cash additions: $48.4 million (2024 – $52.7 million) in additions to right-of-use assets included in plant and equipment; and $22.7 million and $7.0 million (2024 – $5.8 million and $1.8 million) of depreciation and depletion capitalized to mineral properties and construction-in-progress, respectively. In addition, $19.1 million (2024 – $84.1 million) of borrowing costs incurred were capitalized to construction-in-progress.
(3)Disposals during the year ended December 31, 2025 mainly relate to the Nevada Assets Sale (note 5(b)).
Schedule of Information About Significant Royalty Arrangements
Mineral propertyRoyalty arrangements
Greenstone
3% NSR
Valentine
2% NSR; 3% NSR
Mesquite
Weighted average LOM NSR of 2%
Nicaragua
2% NSR at La Libertad; 3% NSR at El Limon
Castle Mountain
2.65% NSR; 5% of gross revenue for the South Domes area
Los Filos
3% NSR for the Xochipala concession; 0.5% of gross revenue