Inventory and Ore on Leach Pads

6 Months Ended

Jun. 30, 2026

Inventory Disclosure [Abstract]

INVENTORY AND ORE ON LEACH PADS

INVENTORY AND ORE ON LEACH PADS

    Inventory consists of the following:

In thousands	June 30, 2026		December 31, 2025
Inventory:
Concentrate	$	21,684	$	3,507
Stockpile ore (1)	178,392		85,450
Precious metals	54,352		15,164
Supplies	128,992		59,209
	$	383,420	$	163,330
Ore on Leach Pads:
Current	$	207,939	$	157,461
Non-current	162,042		119,446
	$	369,981	$	276,907
Long-term Stockpile (2)	$	281,078	$	42,076
Total Inventory and Ore on Leach Pads	$	1,034,479	$	482,313

    

(1) Includes $90.3 million, $74.1 million, $7.3 million, $3.7 million, $1.8 million, and $1.1 million at Las Chispas, Rainy River, New Afton, Wharf, Kensington and Palmarejo at June 30, 2026, respectively. Includes $73.6 million, $8.4 million, $2.3 million, and $1.1 million at Las Chispas, Wharf, Kensington and Palmarejo at December 31, 2025, respectively.

(2) Includes $239.0 million and $42.1 million at Rainy River and Rochester at June 30, 2026, respectively. Includes $42.1 million at Rochester at December 31, 2025.