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LONG-TERM DEBT (Tables)
12 Months Ended
Dec. 31, 2024
LONG-TERM DEBT  
Schedule of long-term debt

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​

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As at

    

As at

​

​

December 31, 

​

December 31, 

​

​

2024

​

2023

Credit Facilities(i)(ii)

​

$

(3,930)

​

$

(2,323)

Term Loan Facility(i)(iii)

​

​

—

​

​

599,333

2020 Notes(i)(iii)

​

​

199,092

​

​

198,945

2018 Notes(i)(iii)

​

​

348,828

​

 

348,657

2017 Notes(i)(iii)

​

​

299,319

​

 

299,103

2016 Notes(i)(iii)

​

​

249,695

​

 

249,530

2015 Note(i)(iii)

​

​

49,952

​

 

49,886

2012 Notes(i)(iii)

​

​

—

​

​

99,955

Total debt

​

$

1,142,956

​

$

1,843,086

Less: current portion

​

​

90,000

​

 

100,000

Total long-term debt

​

$

1,052,956

​

$

1,743,086

Notes:

(i)Inclusive of unamortized deferred financing costs.
(ii)Credit Facilities refers to the Credit Facility and the Old Credit Facility as defined below. There were no amounts outstanding under the Credit Facilities as at December 31, 2024 and December 31, 2023. The December 31, 2024 and December 31, 2023 balances relate to unamortized deferred financing costs.
(iii)The Term Loan Facility, 2020 Notes, 2018 Notes, 2017 Notes, 2016 Notes, 2015 Note and 2012 Notes are defined below.
Schedule of debt principal repayments

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​

​

​

​

​

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​

​

    

​

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​

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​

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​

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​

​

    

​

​

​

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2025

​

2026

​

2027

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2028

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2029

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Thereafter

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Total

2020 Notes

​

$

—

​

$

—

​

$

—

​

$

—

​

$

—

​

$

200,000

​

$

200,000

2018 Notes

​

​

—

​

​

—

​

​

—

​

​

45,000

​

​

—

​

​

305,000

​

​

350,000

2017 Notes

​

​

40,000

​

​

—

​

​

100,000

​

​

—

​

​

150,000

​

​

10,000

​

​

300,000

2016 Notes

​

​

—

​

​

200,000

​

​

—

​

​

50,000

​

​

—

​

​

—

​

​

250,000

2015 Note

​

​

50,000

​

​

—

​

​

—

​

​

—

​

​

—

​

​

—

​

​

50,000

Total

​

$

90,000

​

$

200,000

​

$

100,000

​

$

95,000

​

$

150,000

​

$

515,000

​

$

1,150,000

Schedule of finance costs

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Year Ended December 31, 

​

    

2024

    

2023

Interest on Notes

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$

53,229

​

$

57,192

Interest on Term Loan Facility

​

​

32,712

​

 

26,273

Interest on Credit Facilities

​

​

3,350

​

​

10,928

Credit Facilities fees

​

​

6,167

​

​

6,374

Amortization of credit and term loan financing and note issuance costs

​

​

3,845

​

​

3,290

Accretion expense on reclamation provisions

​

​

33,815

​

​

32,906

Interest on lease obligations and other interest expense (income)

​

​

(3,566)

​

​

(3,699)

Interest capitalized to assets under construction

​

​

(2,814)

​

​

(3,177)

Total finance costs

​

$

126,738

​

$

130,087

2020 Notes  
LONG-TERM DEBT  
Schedule of long-term debt

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Principal

    

Interest Rate

    

Maturity Date

Series A

​

$

100,000

 

2.78

%  

4/7/2030

Series B

​

 

100,000

 

2.88

%  

4/7/2032

Total

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$

200,000

 

  

 

  

2018 Notes  
LONG-TERM DEBT  
Schedule of long-term debt

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​

​

​

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​

​

​

​

​

    

Principal

    

Interest Rate

    

Maturity Date

Series A

​

$

45,000

 

4.38

%  

4/5/2028

Series B

​

 

55,000

 

4.48

%  

4/5/2030

Series C

​

 

250,000

 

4.63

%  

4/5/2033

Total

​

$

350,000

 

  

 

  

2017 Notes  
LONG-TERM DEBT  
Schedule of long-term debt

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​

​

​

​

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Principal

    

Interest Rate

    

Maturity Date

Series A

 

$

40,000

 

4.42

%  

6/29/2025

Series B

 

​

100,000

 

4.64

%  

6/29/2027

Series C

 

​

150,000

 

4.74

%  

6/29/2029

Series D

 

​

10,000

 

4.89

%  

6/29/2032

Total

​

$

300,000

 

  

 

  

2016 Notes  
LONG-TERM DEBT  
Schedule of long-term debt

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​

​

​

​

​

​

​

​

​

    

Principal

    

Interest Rate

    

Maturity Date

Series B

​

$

200,000

 

4.84

%  

6/30/2026

Series C

​

 

50,000

 

4.94

%  

6/30/2028

Total

​

$

250,000