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Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Sales $ 1,423,019 $ 929,925 $ 720,227
Cost of sales and other direct production costs 640,799 548,245 458,504
Depreciation, depletion and amortization 160,017 183,470 148,774
Total cost of sales 800,816 731,715 607,278
Gross profit 622,203 198,210 112,949
Other operating expenses:      
General and administrative 57,626 45,405 42,722
Exploration and pre-development 27,745 27,321 32,512
Ramp-up and suspension costs 14,005 43,307 76,252
Provision for closed operations and environmental matters 7,867 6,843 7,575
Write-down of property, plant and equipment 0 14,574 0
Other operating (income) expense, net 165 (45,516) (1,438)
Total other operating expenses 107,408 91,934 157,623
Income (loss) from operations 514,795 106,276 (44,674)
Other expense:      
Fair value adjustments, net 12,455 (2,204) 2,925
Foreign exchange (loss) gain, net (5,764) 7,552 (3,810)
Other income (726) 4,426 5,883
Interest expense (41,581) (49,834) (43,319)
Total other expense: (35,616) (40,060) (38,321)
Income (loss) before income and mining taxes 479,179 66,216 (82,995)
Income and mining tax provision (157,467) (30,414) (1,222)
Net income (loss) 321,712 35,802 (84,217)
Preferred stock dividends (552) (552) (552)
Net income (loss) applicable to common stockholders 321,160 35,250 (84,769)
Comprehensive income (loss):      
Net Income (Loss) 321,712 35,802 (84,217)
Unrealized (loss) gain and amortization of prior service on pension plans 11,421 (8,389) (1,157)
Unrealized (loss) gain on derivative contracts designated as hedge transactions (4,489) (7,714) 4,546
Total change in accumulated other comprehensive (loss) income, net 6,932 (16,103) 3,389
Comprehensive income (loss) $ 328,644 $ 19,699 $ (80,828)
Basic income (loss) common share after preferred dividends $ 0.49 $ 0.06 $ (0.14)
Diluted income (loss) per common share after preferred dividends $ 0.49 $ 0.06 $ (0.14)
Weighted average number of common shares outstanding - basic 651,965 620,848 605,668
Weighted average number of common shares outstanding - diluted 655,768 622,535 605,668