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Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Sales $ 189,528 $ 199,500
Cost of sales and other direct production costs 121,461 125,550
Depreciation, depletion and amortization 48,907 39,002
Total cost of sales 170,368 164,552
Gross profit 19,160 34,948
Other operating expenses:    
General and administrative 11,216 12,070
Exploration and pre-development 4,342 4,967
Ramp-up and suspension costs 14,523 11,336
Provision for closed operations and environmental matters 986 1,044
Other operating (income) expense, net (16,971) (22)
Total other operating expenses 14,096 29,395
Income from operations 5,064 5,553
Other expense:    
Interest expense (12,644) (10,165)
Fair value adjustments, net (1,852) 3,181
Net foreign exchange gain 3,982 108
Other income 1,512 1,392
Total other expense (9,002) (5,484)
(Loss) income before income and mining taxes (3,938) 69
Income and mining tax expense (1,815) (3,242)
Net loss (5,753) (3,173)
Preferred stock dividends (138) (138)
Net loss applicable to common stockholders (5,891) (3,311)
Comprehensive loss:    
Net Income (Loss) (5,753) (3,173)
Change in fair value of derivative contracts designated as hedge transactions (5,403) 6,516
Comprehensive (loss) income $ (11,156) $ 3,343
Basic loss per common share after preferred dividends $ (0.01) $ (0.01)
Diluted loss per common share after preferred dividends $ (0.01) $ (0.01)
Weighted average number of common shares outstanding - basic 616,199 600,075
Weighted average number of common shares outstanding - diluted 616,199 600,075