Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2024

Fair Value Disclosures [Abstract]

Schedule of Fair Value Adjustments to Comprehensive income (Loss)

	Three Months Ended June 30,				Six Months Ended June 30,
In thousands	2024		2023		2024		2023
Change in the value of equity securities(1)	$	—	$	(3,922)	$	—	$	6,639
Fair value adjustments, net	$	—	$	(3,922)	$	—	$	6,639

(1) Includes unrealized losses on held equity securities of $3.7 million and $0.5 million for the three and six months ended June 30, 2023, respectively.

Financial assets and liabilities measured at fair value on recurring basis

The following table presents the Company’s financial assets and liabilities measured at fair value on a recurring basis (at least annually) by level within the fair value hierarchy. Assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement:

	Fair Value at June 30, 2024
In thousands	Total		Level 1		Level 2		Level 3
Assets:
Provisional metal sales contracts	$	41	$	—	$	41	$	—
Liabilities:
Provisional metal sales contracts	$	231	$	—	$	231	$	—

	Fair Value at December 31, 2023
In thousands	Total		Level 1		Level 2		Level 3
Assets:
Provisional metal sales contracts	318		—		318		—
Silver forwards	3,312		—		3,312		—
	$	3,630	$	—	$	3,630	$	—
Liabilities:
Gold forwards	$	1,981	$	—	$	1,981	$	—

Financial Assets and Liabilities not Measured at Fair Value

The fair value of financial assets and liabilities carried at book value in the financial statements at June 30, 2024 and December 31, 2023 is presented in the following table:

	June 30, 2024
In thousands	Book Value		Fair Value		Level 1		Level 2		Level 3
Liabilities:
2029 Senior Notes(1)	$	289,691	$	271,720	$	—	$	271,720	$	—
Revolving Credit Facility(2)	$	275,000	$	275,000	$	—	$	275,000	$	—

(1) Net of unamortized debt issuance costs of $3.4 million.

(2) Unamortized debt issuance costs of $4.2 million included in Other Non-Current Assets.

	December 31, 2023
In thousands	Book Value		Fair Value		Level 1		Level 2		Level 3
Liabilities:
2029 Senior Notes(1)	$	295,115	$	271,272	$	—	$	271,272	$	—
Revolving Credit Facility(2)	$	175,000	$	175,000	$	—	$	175,000	$	—

(1) Net of unamortized debt issuance costs of $3.9 million.

(2) Unamortized debt issuance costs of $2.8 million included in Other Non-Current Assets.