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Note 5 - Environmental and Reclamation Activities (Tables)
12 Months Ended
Dec. 31, 2025
Environmental and Reclamation Activities [Abstract]  
Schedule of Reclamation and Closure Costs Liabilities

The liabilities accrued for our reclamation and closure costs at December 31, 2025 and 2024 were as follows (in thousands):

 

 

2025

 

 

2024

 

Operating properties:

 

 

 

 

 

 

Greens Creek

 

$

51,634

 

 

$

38,737

 

Lucky Friday

 

 

14,914

 

 

 

10,982

 

Keno Hill

 

 

3,733

 

 

 

3,500

 

Casa Berardi

 

 

75,986

 

 

 

17,005

 

Non-operating properties:

 

 

 

 

 

 

Nevada

 

 

35,885

 

 

 

33,700

 

Troy mine

 

 

3,007

 

 

 

3,385

 

Johnny M

 

 

9,703

 

 

 

10,148

 

All other sites

 

 

7,404

 

 

 

7,453

 

Total

 

 

202,266

 

 

 

124,910

 

Reclamation and closure costs, current

 

 

(13,795

)

 

 

(13,748

)

Reclamation and closure costs, non-current

 

$

188,471

 

 

$

111,162

 

Schedule of Reclamation and Closure Costs Activities

The activity in our accrued reclamation and closure cost liability for the years ended December 31, 2025, 2024 and 2023 was as follows (in thousands):

Balance at January 1, 2023

 

 

116,999

 

Accruals for estimated costs and revisions due to changes in reclamation plans

 

 

2,923

 

Accretion expense

 

 

7,740

 

Payment of reclamation obligations

 

 

(7,205

)

Balance at December 31, 2023

 

 

120,457

 

Accruals for estimated costs and revisions due to changes in reclamation plans

 

 

7,144

 

Accretion expense

 

 

5,806

 

Payment of reclamation obligations

 

 

(8,497

)

Balance at December 31, 2024

 

 

124,910

 

Accruals for estimated costs and revisions due to changes in reclamation plans

 

 

75,449

 

Accretion expense

 

 

7,331

 

Payment of reclamation obligations

 

 

(5,424

)

Balance at December 31, 2025

 

$

202,266

 

Schedule of Change in Asset Retirement Obligation

 

2025

 

 

2024

 

Balance January 1

 

$

105,432

 

 

$

99,067

 

Changes in obligations due to changes in reclamation plans

 

 

71,504

 

 

 

5,226

 

Accretion expense

 

 

7,331

 

 

 

5,806

 

Payment of asset retirement obligations

 

 

(662

)

 

 

(4,667

)

Balance at December 31

 

$

183,605

 

 

$

105,432