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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 241,558 $ 26,868
Accounts receivable:    
Trade 170,230 31,515
Other, net 17,110 17,538
Inventories:    
Product inventories 38,133 34,962
Materials and supplies 76,652 69,974
Current investments 59,644 0
Other current assets 26,017 33,295
Total current assets 629,344 214,152
Non-current investments 47,842 33,897
Restricted cash and cash equivalents 1,174 1,177
Properties, plants, equipment and mine development, net 2,840,827 2,694,119
Operating lease right-of-use assets 8,859 7,544
Other non-current assets 32,599 30,171
Total assets 3,560,645 2,981,060
Current liabilities:    
Accounts payable and accrued liabilities 102,282 88,957
Accrued payroll and related benefits 38,119 22,834
Accrued taxes 23,410 6,312
Current debt 0 33,617
Finance leases 7,173 8,169
Accrued reclamation and closure costs 13,795 13,748
Accrued interest 7,678 14,316
Derivative liabilities 37,181 8,155
Other current liabilities 1,926 1,730
Total current liabilities 231,564 197,838
Accrued reclamation and closure costs 188,471 111,162
Long-term debt including finance leases 268,627 508,927
Deferred tax liability 246,425 110,266
Derivatives liabilities 0 2,021
Other non-current liabilities 33,912 11,332
Total liabilities 968,999 941,546
Commitments and contingencies (Notes 5, 6, 9, 10, 14, 15, and 16)
STOCKHOLDERS' EQUITY    
Preferred stock, 5,000,000 shares authorized: Series B preferred stock, $0.25 par value, 2025 - 153,956 shares issued and outstanding and 2024 - 157,756 shares, liquidation preference - $7,698 39 39
Common stock, $0.25 par value, authorized 750,000,000 shares; issued 2025 - 679,220,408 shares and 2024 - 640,547,918 shares 169,689 160,052
Capital surplus 2,643,211 2,418,149
Accumulated deficit (182,143) (493,529)
Accumulated other comprehensive (loss) income, net (3,334) (10,266)
Less treasury stock, at cost; 2025 - 8,920,348 and 2024 - 8,813,127 shares issued and held in treasury (35,816) (34,931)
Total stockholders’ equity 2,591,646 2,039,514
Total liabilities and stockholders’ equity $ 3,560,645 $ 2,981,060