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Fair Value Measurements (Tables) | 6 Months Ended
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Jun. 30, 2023
Fair Value Disclosures [Abstract] |
Schedule of Fair Value Adjustments to Comprehensive income (Loss) |
| Three Months Ended June 30, |  | Six Months Ended June 30,
In thousands | 2023 |  | 2022 |  | 2023 |  | 2022 |  |
Change in the value of equity securities(1) | $ | (3,922) |  |  | $ | (62,810) |  |  | $ | 6,639 |  |  | $ | (49,066) |  |  |
Termination of gold zero cost collars | — |  |  | — |  |  | — |  |  | (3,139) |  |  |
Fair value adjustments, net | $ | (3,922) |  |  | $ | (62,810) |  |  | $ | 6,639 |  |  | $ | (52,205) |  |  |
(1) Includes unrealized losses on held equity securities of $3.7 million, and $62.8 million for the three months ended June 30, 2023, and 2022, respectively, and unrealized losses of $0.5 million and $49.1 million for the six months ended June 30, 2023, and 2022, respectively
Financial assets and liabilities measured at fair value on recurring basis | The following table presents the Company’s financial assets and liabilities measured at fair value on a recurring basis (at least annually) by level within the fair value hierarchy. Assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement:
| Fair Value at June 30, 2023
In thousands | Total |  | Level 1 |  | Level 2 |  | Level 3
Assets: |  |  |  |  |  |  |
Equity securities including warrants | $ | 9,240 |  |  | $ | 9,237 |  |  | $ | 3 |  |  | $ | — |
Provisional metal sales contracts | 36 |  |  | — |  |  | 36 |  |  | — |
Gold forwards | 3,399 |  |  | — |  |  | 3,399 |  |  | — |
Silver forwards | 5,949 |  |  | — |  |  | 5,949 |  |  | — |
| $ | 18,624 |  |  | $ | 9,237 |  |  | $ | 9,387 |  |  | $ | — |
Liabilities: |  |  |  |  |  |  |
Provisional metal sales contracts | $ | 67 |  |  | $ | — |  |  | $ | 67 |  |  | $ | — |
| Fair Value at December 31, 2022
In thousands | Total |  | Level 1 |  | Level 2 |  | Level 3
Assets: |  |  |  |  |  |  |
Equity securities | $ | 44,152 |  |  | $ | 43,893 |  |  | $ | 259 |  |  | $ | — |
Provisional metal sales contracts | 299 |  |  | — |  |  | 299 |  |  | — |
Gold forwards | 12,343 |  |  | — |  |  | 12,343 |  |  | — |
| $ | 56,794 |  |  | $ | 43,893 |  |  | $ | 12,901 |  |  | $ | — |
Liabilities: |  |  |  |  |  |  |
Provisional metal sales contracts | $ | 10 |  |  | $ | — |  |  | $ | 10 |  |  | $ | — |
Financial Assets and Liabilities not Measured at Fair Value | The fair value of financial assets and liabilities carried at book value in the financial statements at June 30, 2023 and December 31, 2022 is presented in the following table:
| June 30, 2023
In thousands | Book Value |  | Fair Value |  | Level 1 |  | Level 2 |  | Level 3
Liabilities: |  |  |  |  |  |  |  |  |
2029 Senior Notes(1) | $ | 326,500 |  |  | $ | 265,012 |  |  | $ | — |  |  | $ | 265,012 |  |  | $ | — |
Revolving Credit Facility(2) | $ | 80,000 |  |  | $ | 80,000 |  |  | $ | — |  |  | $ | 80,000 |  |  | $ | — |
(1) Net of unamortized debt issuance costs of $4.6 million (2) Unamortized debt issuance costs of $2.8 million included in Other Non-Current Assets.
| December 31, 2022
In thousands | Book Value |  | Fair Value |  | Level 1 |  | Level 2 |  | Level 3
Assets: |  |  |  |  |  |  |  |  |
Promissory note | $ | 4,926 |  |  | $ | 4,579 |  |  | $ | — |  |  | $ | 4,579 |  |  | $ | — |
Deferred cash consideration | $ | 7,677 |  |  | $ | 7,317 |  |  | $ | — |  |  | $ | 7,317 |  |  | $ | — |
Liabilities: |  |  |  |  |  |  |  |  |
2029 Senior Notes(1) | $ | 369,212 |  |  | $ | 291,924 |  |  | $ | — |  |  | $ | 291,924 |  |  | $ | — |
Revolving Credit Facility(2) | $ | 80,000 |  |  | $ | 80,000 |  |  | $ | — |  |  | $ | 80,000 |  |  | $ | — |
(1) Net of unamortized debt issuance costs of $5.8 million. (2) Unamortized debt issuance costs of $3.6 million included in Other Non-Current Assets.

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- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482907/825-10-50-11 + Details
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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 + Details
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