Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2026

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	2026		2025		2026		2025
Acquired bullion and metal inventory monetization	—		4		$	—	$	(342)
Fair value adjustments, net	$	—	$	4	$	—	$	(342)

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, 2026
In thousands	Total		Level 1		Level 2		Level 3
Assets:
Provisional metal sales contracts	$	317	$	—	$	317	$	—
Gold and copper swap contracts	3,711		—		$	3,711	—
	$	4,028	$	—	$	4,028	$	—
Liabilities:
Provisional metal sales contracts	$	3,322	$	—	$	3,322	$	—
Gold and copper swap contracts	$	570	$	—	$	570	$	—
	$	3,892	$	—	$	3,892	$	—

	Fair Value at December 31, 2025
In thousands	Total		Level 1		Level 2		Level 3
Assets:
Provisional metal sales contracts	$	1,103	$	—	$	1,103	$	—
Liabilities:
Provisional metal sales contracts	$	124	$	—	$	124	$	—

Financial Assets and Liabilities not Measured at Fair Value

The fair values of financial liabilities carried at book value in the financial statements at June 30, 2026 and December 31, 2025 is presented in the following tables, respectively:

	June 30, 2026
In thousands	Book Value		Fair Value		Level 1		Level 2		Level 3
Liabilities:
2029 Senior Notes, net(1)	$	291,158	$	288,855	$	—	$	288,855	$	—
2032 Senior Notes, net(2)	$	396,596	$	393,765	$	—	$	393,765	$	—
New Gold 2032 Senior Notes, net	$	13,690	$	12,890	$	—	$	12,890	$	—
Deferred Cash Due 2026	$	5,000	$	5,000	$	—	$	5,000	$	—

(1) Net of unamortized debt issuance costs of $2.0 million.

(2) Net of unamortized debt issuance costs of $0.9 million.

	December 31, 2025
In thousands	Book Value		Fair Value		Level 1		Level 2		Level 3
Liabilities:
2029 Senior Notes, net(1)	$	290,792	$	289,232	$	—	$	289,232	$	—
Deferred Cash Due 2026	$	4,829	$	4,852	$	—	$	4,852	$	—

(1) Net of unamortized debt issuance costs of $2.3 million.