XML 114 R94.htm IDEA: XBRL DOCUMENT v3.25.4
Fair Value Measurements - Summary of Level 3 Financial Assets and Liabilities (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Revenue $ 2,070,126 $ 1,054,006 $ 821,206
Amortization 251,099 124,974 99,822
Other operating expenses 126,985 [1] 99,000 96,241
Fair value adjustments, net, pretax (342) 0 3,384
Other, net [2] 6,922 13,027 (7,463)
Income and mining tax (expense) benefit (96,666) (67,450) (35,156)
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent 585,872 58,900 (103,612)
Total assets for reportable segments 3,928,905 [3] 2,161,881 1,943,037
Payments to Acquire Productive Assets 221,162 183,188 364,617
Palmarejo      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Amortization 37,015 44,979 35,709
Other operating expenses 7,691 [1] 8,665 8,064
Fair value adjustments, net, pretax 0 0 0
Other, net (5,615) [2] 7,074 4,590
Income and mining tax (expense) benefit (103,526) (45,765) (26,016)
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent 109,418 78,361 46,703
Total assets for reportable segments 311,672 316,232 312,879
Payments to Acquire Productive Assets 25,534 30,621 41,766
Rochester      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Amortization 69,283 41,293 26,392
Other operating expenses 12,155 [1] 12,963 26,005
Fair value adjustments, net, pretax (342) 0 0
Other, net (446) [2] (363) (293)
Income and mining tax (expense) benefit (9,004) (1,778) (816)
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent 139,546 (5,347) (71,579)
Total assets for reportable segments 1,280,017 1,227,745 1,081,442
Payments to Acquire Productive Assets 65,750 72,676 263,401
Kensington      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Amortization 39,295 28,201 25,905
Other operating expenses 7,930 [1] 9,753 3,440
Fair value adjustments, net, pretax 0 0 0
Other, net (459) [2] (312) (311)
Income and mining tax (expense) benefit (1,687) (576) 0
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent 141,141 21,355 (29,481)
Total assets for reportable segments 263,614 223,525 171,602
Payments to Acquire Productive Assets 65,635 68,656 53,316
Wharf      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Amortization 6,558 6,487 6,694
Other operating expenses 5,692 [1] 4,519 4,157
Fair value adjustments, net, pretax 0 0
Other, net (178) [2] (509) (396)
Income and mining tax (expense) benefit (19,098) (10,679) (7,047)
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent 183,151 106,709 56,219
Total assets for reportable segments 121,986 119,407 102,245
Payments to Acquire Productive Assets 17,802 7,175 2,472
Silvertip      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Amortization 3,903 3,235 4,018
Other operating expenses 12,338 [1] 9,923 17,104
Fair value adjustments, net, pretax 0 0 0
Other, net (83) [2] (43) (129)
Income and mining tax (expense) benefit 0 0 0
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent (47,489) (40,544) (33,565)
Total assets for reportable segments 220,285 219,613 215,545
Payments to Acquire Productive Assets 7,112 3,597 2,867
Other Mining Properties      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Amortization 832 779 1,104
Other operating expenses 79,017 [1] 53,177 37,471
Fair value adjustments, net, pretax 0 0 3,384
Other, net 1,479 [2] 7,180 (10,924)
Income and mining tax (expense) benefit 114,832 (8,652) (1,277)
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent 13,244 (101,634) (71,909)
Total assets for reportable segments 69,766 [3] 55,359 59,324
Payments to Acquire Productive Assets 1,180 463 795
Gold sales      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Revenue 1,343,729 734,861 575,677
Gold sales | Palmarejo      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Revenue 218,064 190,520 155,036
Gold sales | Rochester      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Revenue 210,680 91,541 75,571
Gold sales | Kensington      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Revenue 377,693 225,200 162,010
Gold sales | Wharf      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Revenue 334,058 227,600 183,060
Gold sales | Silvertip      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Revenue 0 0 0
Gold sales | Other Mining Properties      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Revenue 0 0 0
Silver sales      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Revenue 726,397 319,145 245,529
Silver sales | Palmarejo      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Revenue 255,700 188,540 158,171
Silver sales | Rochester      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Revenue 247,362 124,271 80,451
Silver sales | Kensington      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Revenue 17 (71) 468
Silver sales | Wharf      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Revenue 5,121 6,405 6,439
Silver sales | Silvertip      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Revenue 0 0 0
Silver sales | Other Mining Properties      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Revenue 0 0 0
Metal sales      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Revenue 2,070,126 1,054,006 821,206
Metal sales | Palmarejo      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Revenue 473,764 379,060 313,207
Metal sales | Rochester      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Revenue 458,042 215,812 156,022
Metal sales | Kensington      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Revenue 377,710 225,129 162,478
Metal sales | Wharf      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Revenue 339,179 234,005 189,499
Metal sales | Silvertip      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Revenue 0 0 0
Metal sales | Other Mining Properties      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Revenue 0 0 0
Product      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Costs applicable to sales [4] 898,437 606,192 632,896
Product | Palmarejo      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Costs applicable to sales 191,657 [4] 195,458 194,309
Product | Rochester      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Costs applicable to sales 209,114 [4] 154,611 171,271
Product | Kensington      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Costs applicable to sales 179,054 [4] 157,757 152,659
Product | Wharf      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Costs applicable to sales 116,928 [4] 98,366 114,657
Product | Silvertip      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Costs applicable to sales 0 [4] 0 0
Product | Other Mining Properties      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Costs applicable to sales 0 [4] 0 0
Mineral, Exploration      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Costs applicable to sales 86,592 59,658 30,962
Mineral, Exploration | Palmarejo      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Costs applicable to sales 18,527 13,230 7,840
Mineral, Exploration | Rochester      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Costs applicable to sales 8,566 5,070 1,221
Mineral, Exploration | Kensington      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Costs applicable to sales 7,776 5,494 7,900
Mineral, Exploration | Wharf      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Costs applicable to sales 7,416 6,192 0
Mineral, Exploration | Silvertip      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Costs applicable to sales 31,165 27,332 12,251
Mineral, Exploration | Other Mining Properties      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Costs applicable to sales $ 2,721 $ 2,340 $ 1,750
[1] Other operating expenses include General and administrative and Pre-development, reclamation, and other.
[2] See Note 15 -- Additional Comprehensive Income (Loss) Detail for additional detail.
[3] Segment assets include receivables, prepaids, inventories, property, plant and equipment, mineral interests, and goodwill
[4] Excludes amortization.