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LEASES (Tables)
 12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Lease, Cost
The components of the Company’s leases presented in the Consolidated Balance Sheets were as follows (in thousands):
December 31,
20222021
Finance lease right-of-use assets, net (included in Mineral properties, plant and equipment, net)
$
101,705 
$
114,882 
Operating lease right-of-use assets (included in Other non-current assets)
17,946 7,530 
Total lease right-of-use-assets
$119,651 $122,412 
 
    
Short-term finance lease liabilities (included in Finance lease liabilities)
$
3,872 
$
12,439 
Short-term operating lease liabilities (included in Accrued liabilities and other)
1,976 2,238 
Long-term finance lease liabilities (included in Finance Lease liabilities)
 102,434  105,965 
Long-term operating lease liabilities (included in Other non-current liabilities)
 16,969  5,525 
Total lease liabilities
$125,251 $126,167 
The components of the Company’s leases presented in the Consolidated Statements of Operations for the years ended December 31 were as follows (in thousands):
Years Ended December 31,
202220212020
Operating leases$4,134 $2,986 $1,260 
     
Finance leases:
Amortization of lease cost
 
5,346 
 
2,517 
 
92 
Interest expense on lease liabilities
4,830 274 12 
Variable and short-term leases 1,740  10,661 3,615 
Total$16,050 $16,438 $4,979 
The components of the Company’s leases presented in the statements of cash flows for the years ended December 31 were as follows (in thousands):
Years Ended December 31,
202220212020
Operating leases within cash flows from operating activities
$
4,134 $2,986 $1,260 
Finance leases within cash flows from financing activities
$
10,091 $10,441 $3,623 
The following is a schedule of weighted-average discount rates used to determine lease liabilities and remaining lease terms for the years ended December 31:
Years Ended December 31,
20222021
Weighted-average remaining lease term - operating leases (in years)8.45.5
Weighted-average remaining lease term - finance leases (in years)18.119.1
Weighted-average discount rate - operating leases5.2 %8.6 %
Weighted-average discount rate - finance leases4.5 %4.5 %
Lessee, Operating Lease, Liability, Maturity
The following is a schedule of future minimum lease payments under noncancellable finance and operating leases as of December 31, 2022 (in thousands):
Operating LeasesFinance Leases
2023
$
2,683 
$
8,532 
20242,780 8,532 
20252,659 8,532 
20262,709 8,532 
20272,708 8,532 
Thereafter9,371 112,416 
Total minimum lease payments
$
22,910 
$
155,076 
Less: amounts representing interest
3,965 48,770 
Present value of net minimum lease payments
18,945 106,306 
Less: current portion of lease liabilities
1,976 3,872 
Long-term lease liabilities  
$
16,969 
$
102,434 
Finance Lease, Liability, Fiscal Year Maturity
The following is a schedule of future minimum lease payments under noncancellable finance and operating leases as of December 31, 2022 (in thousands):
Operating LeasesFinance Leases
2023
$
2,683 
$
8,532 
20242,780 8,532 
20252,659 8,532 
20262,709 8,532 
20272,708 8,532 
Thereafter9,371 112,416 
Total minimum lease payments
$
22,910 
$
155,076 
Less: amounts representing interest
3,965 48,770 
Present value of net minimum lease payments
18,945 106,306 
Less: current portion of lease liabilities
1,976 3,872 
Long-term lease liabilities  
$
16,969 
$
102,434