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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
CURRENT ASSETS    
Cash and cash equivalents $ 1,052,274 $ 553,597
Receivables 73,562 69,160
Inventory 383,420 163,330
Ore on leach pads 207,939 157,461
Prepaid expenses and other 58,092 29,129
Current assets 1,775,287 972,677
NON-CURRENT ASSETS    
Property, plant and equipment and mining properties, net 12,163,136 2,744,884
Goodwill 625,812 625,812
Ore on leach pads, noncurrent 162,042 119,446
Restricted assets 9,133 9,114
Receivables 20,730 19,683
Deferred tax assets 147,841 140,553
Long-term stockpile [1] 281,078 42,076
Other assets 18,686 21,437
Total consolidated assets 15,203,745 4,695,682
CURRENT LIABILITIES    
Accounts payable 262,383 148,872
Accrued liabilities and other 201,866 212,213
Debt 2,388 16,996
Reclamation 19,250 15,063
Current liabilities 485,887 393,144
NON-CURRENT LIABILITIES    
Debt 702,903 323,537
Reclamation 404,213 262,448
Deferred tax liabilities 3,114,049 322,983
Other long-term liabilities 87,189 80,519
Non-current liabilities 4,308,354 989,487
STOCKHOLDERS' EQUITY    
Common stock, par value $0.01 per share; authorized 1,300,000,000 shares, 1,028,536,378 issued and outstanding at June 30, 2026 and 642,092,761 at December 31, 2025 10,285 6,421
Additional paid-in capital 12,527,639 5,783,019
Accumulated deficit (2,128,420) (2,476,389)
Stockholders' equity 10,409,504 3,313,051
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 15,203,745 $ 4,695,682
[1] 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