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OPERATING SEGMENTS - Disaggregation of Segments (Details) - USD ($) $ in Thousands | 3 Months Ended | 12 Months Ended
--- | --- | ---
Dec. 31, 2023 | Dec. 31, 2024 | Dec. 31, 2023 | Dec. 31, 2022
Segment Reporting Information [Line Items] |  |  |  |  |  |  |  |
Revenues |  |  |  | $ 995,618 |  | $ 1,426,927 |  | $ 1,148,033
Cost of sales | [1] |  |  | 514,032 |  | 804,147 |  | 607,942
Depreciation, depletion, and amortization |  |  |  | 130,192 |  | 214,012 |  | 181,447
General and administrative expense |  |  |  | 62,885 |  | 67,457 |  | 71,660
Exploration and evaluation |  |  |  | 41,804 |  | 50,185 |  | 46,811
Reclamation and remediation costs |  |  |  | 296,871 |  | 8,698 |  | 6,035
Impairment charges of long-lived and other assets |  |  |  | 114,599 |  | 361,612 |  | 0
Impairment charges of goodwill |  |  |  | 0 |  | 49,786 |  | 0
Care and maintenance |  |  |  | 120,280 |  | 0 |  | 41,800
Other operating expense (income), net |  |  |  | 37,240 |  | 1,274 |  | 2,070
Operating income (loss) |  |  |  | (322,285) |  | (130,244) |  | 190,268
Interest expense |  |  |  | (13,028) |  | (16,616) |  | (19,116)
Interest income |  |  |  | 16,735 |  | 22,614 |  | 16,311
Gain on acquisition of Kartaltepe |  |  |  | 0 |  | 0 |  | 81,852
Other income (expense) |  |  |  | 9,535 |  | 27,537 |  | 3,980
Foreign exchange gain (loss) |  |  |  | (9,691) |  | (105,699) |  | (32,460)
Income (loss) before income and mining taxes |  |  |  | (318,734) |  | (202,408) |  | 240,835
Capital expenditures |  |  |  | 146,219 |  | 222,131 |  | 143,163
Total assets |  | $ 5,385,773 | [2] | 5,189,020 | [2] | 5,385,773 | [2] | 5,254,657
Operating Segments |  |  |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |  |  |
Revenues |  |  |  | 995,618 |  | 1,426,927 |  | 1,148,033
Cost of sales |  |  |  | 155,659 |  | 804,147 |  | 607,942
Depreciation, depletion, and amortization |  |  |  | 130,192 |  | 214,012 |  | 181,447
General and administrative expense |  |  |  | 0 |  | 5,736 |  | 3,394
Exploration and evaluation |  |  |  | 35,214 |  | 42,744 |  | 37,494
Reclamation and remediation costs |  |  |  | 296,871 |  | 8,698 |  | 6,035
Impairment charges of long-lived and other assets |  |  |  | 114,599 |  | 355,959 |  |
Impairment charges of goodwill |  |  |  |  |  | 49,786 |  |
Care and maintenance |  |  |  | 120,280 |  |  |  | 41,800
Other operating expense (income), net |  |  |  | 42,401 |  | 1,020 |  | 0
Operating income (loss) |  |  |  | (257,974) |  | (55,175) |  | 269,921
Interest expense |  |  |  | (7,842) |  | (9,853) |  | (12,379)
Interest income |  |  |  | 12,310 |  | 15,372 |  | 9,612
Gain on acquisition of Kartaltepe |  |  |  |  |  |  |  | 81,852
Other income (expense) |  |  |  | 3,854 |  | 36,869 |  | 5,757
Foreign exchange gain (loss) |  |  |  | (1,126) |  | (53,514) |  | (40,447)
Income (loss) before income and mining taxes |  |  |  | (250,781) |  | (66,300) |  | 314,318
Capital expenditures |  |  |  | 104,168 |  | 222,131 |  | 143,163
Total assets |  | 4,486,442 |  | 4,292,785 |  | 4,486,442 |  | 4,863,225
Operating Segments | Çöpler |  |  |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |  |  |
Revenues |  |  |  | 64,298 |  | 442,417 |  | 355,070
Cost of sales |  |  |  | 36,215 |  | 268,628 |  | 189,825
Depreciation, depletion, and amortization |  |  |  | 13,130 |  | 93,808 |  | 76,628
General and administrative expense |  |  |  | 0 |  | 5,489 |  | 3,125
Exploration and evaluation |  |  |  | 1,468 |  | 6,990 |  | 2,891
Reclamation and remediation costs |  |  |  | 274,877 |  | 1,709 |  | 1,245
Impairment charges of long-lived and other assets |  |  |  | 114,230 |  | 353,322 |  | 0
Impairment charges of goodwill |  |  |  | 0 |  | 0 |  | 0
Care and maintenance |  |  |  | 108,675 |  |  |  | 41,800
Other operating expense (income), net |  |  |  | 36,951 |  | 512 |  | 0
Operating income (loss) |  |  |  | (521,247) |  | (288,041) |  | 39,556
Interest expense |  |  |  | (6,925) |  | (9,046) |  | (11,915)
Interest income |  |  |  | 16 |  | 1,507 |  | 2,306
Gain on acquisition of Kartaltepe |  |  |  |  |  |  |  | 81,852
Other income (expense) |  |  |  | 343 |  | 304 |  | (3,487)
Foreign exchange gain (loss) |  |  |  | 113 |  | (7,823) |  | 4,987
Income (loss) before income and mining taxes |  |  |  | (527,701) |  | (303,099) |  | 113,300
Capital expenditures |  |  |  | 14,472 |  | 89,165 |  | 35,729
Total assets |  | 2,915,262 |  | 2,688,583 |  | 2,915,262 |  | 3,298,757
Direct costs |  |  |  | 61,600 |  |  |  |
Depreciation |  |  |  | 47,100 |  |  |  |
Operating Segments | Marigold |  |  |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |  |  |
Revenues |  |  |  | 409,025 |  | 538,244 |  | 348,817
Cost of sales |  |  |  | 244,312 |  | 289,063 |  | 206,014
Depreciation, depletion, and amortization |  |  |  | 36,047 |  | 46,236 |  | 34,255
General and administrative expense |  |  |  | 0 |  | 0 |  | 1
Exploration and evaluation |  |  |  | 13,097 |  | 12,295 |  | 15,908
Reclamation and remediation costs |  |  |  | 2,895 |  | 2,764 |  | 2,274
Impairment charges of long-lived and other assets |  |  |  | 0 |  | 0 |  |
Impairment charges of goodwill |  |  |  |  |  | 0 |  |
Care and maintenance |  |  |  | 0 |  |  |  | 0
Other operating expense (income), net |  |  |  | 2,710 |  | 0 |  | 0
Operating income (loss) |  |  |  | 109,959 |  | 187,886 |  | 90,365
Interest expense |  |  |  | 0 |  | 0 |  | (54)
Interest income |  |  |  | 6,757 |  | 0 |  | 0
Gain on acquisition of Kartaltepe |  |  |  |  |  |  |  | 0
Other income (expense) |  |  |  | (917) |  | 1,086 |  | (2,975)
Foreign exchange gain (loss) |  |  |  | (8) |  | 0 |  | 1
Income (loss) before income and mining taxes |  |  |  | 115,790 |  | 188,972 |  | 87,337
Capital expenditures |  |  |  | 39,070 |  | 82,252 |  | 58,795
Total assets |  | 782,353 |  | 889,570 |  | 782,353 |  | 667,834
Operating Segments | Seabee |  |  |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |  |  |
Revenues |  |  |  | 191,768 |  | 164,346 |  | 244,692
Cost of sales |  |  |  | 77,846 |  | 82,898 |  | 74,679
Depreciation, depletion, and amortization |  |  |  | 48,008 |  | 40,533 |  | 49,445
General and administrative expense |  |  |  | 0 |  | 0 |  | 11
Exploration and evaluation |  |  |  | 15,010 |  | 16,324 |  | 13,313
Reclamation and remediation costs |  |  |  | 1,336 |  | 1,164 |  | 791
Impairment charges of long-lived and other assets |  |  |  | 369 |  | 0 |  | 0
Impairment charges of goodwill |  | 49,800 |  | 0 |  | 49,786 |  | 0
Care and maintenance |  |  |  | 11,605 |  |  |  | 0
Other operating expense (income), net |  |  |  | 622 |  | 508 |  | 0
Operating income (loss) |  |  |  | 36,972 |  | (26,867) |  | 106,453
Interest expense |  |  |  | 0 |  | 0 |  | 0
Interest income |  |  |  | 4,561 |  | 7,039 |  | 2,789
Gain on acquisition of Kartaltepe |  |  |  |  |  |  |  | 0
Other income (expense) |  |  |  | (124) |  | (146) |  | (110)
Foreign exchange gain (loss) |  |  |  | (208) |  | (709) |  | (1,143)
Income (loss) before income and mining taxes |  |  |  | 41,201 |  | (20,683) |  | 107,990
Capital expenditures |  |  |  | 33,832 |  | 37,521 |  | 38,193
Total assets |  | 464,033 |  | 380,980 |  | 464,033 |  | 581,574
Direct costs |  |  |  | 9,400 |  |  |  |
Depreciation |  |  |  | 2,200 |  |  |  |
Operating Segments | Puna |  |  |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |  |  |
Revenues |  |  |  | 330,527 |  | 281,920 |  | 199,454
Cost of sales |  |  |  |  |  | 163,558 |  | 137,424
Depreciation, depletion, and amortization |  |  |  | 33,007 |  | 33,435 |  | 21,119
General and administrative expense |  |  |  | 0 |  | 247 |  | 257
Exploration and evaluation |  |  |  | 5,639 |  | 7,135 |  | 5,382
Reclamation and remediation costs |  |  |  | 17,763 |  | 3,061 |  | 1,725
Impairment charges of long-lived and other assets |  |  |  | 0 |  | 2,637 |  | 0
Impairment charges of goodwill |  |  |  | 0 |  | 0 |  | 0
Care and maintenance |  |  |  | 0 |  |  |  | 0
Other operating expense (income), net |  |  |  | 2,118 |  | 0 |  | 0
Operating income (loss) |  |  |  | 116,342 |  | 71,847 |  | 33,547
Interest expense |  |  |  | (917) |  | (807) |  | (410)
Interest income |  |  |  | 976 |  | 6,826 |  | 4,517
Gain on acquisition of Kartaltepe |  |  |  |  |  |  |  | 0
Other income (expense) |  |  |  | 4,552 |  | 35,625 |  | 12,329
Foreign exchange gain (loss) |  |  |  | (1,023) |  | (44,982) |  | (44,292)
Income (loss) before income and mining taxes |  |  |  | 119,929 |  | 68,510 |  | 5,691
Capital expenditures |  |  |  | 16,794 |  | 13,193 |  | 10,446
Total assets |  | 324,794 |  | 333,652 |  | 324,794 |  | 315,060
Corporate and other |  |  |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |  |  |
Revenues |  |  |  | 0 |  | 0 |  | 0
Cost of sales |  |  |  | 0 |  | 0 |  | 0
Depreciation, depletion, and amortization |  |  |  | 0 |  | 0 |  | 0
General and administrative expense |  |  |  | 62,885 |  | 61,721 |  | 68,266
Exploration and evaluation |  |  |  | 6,590 |  | 7,441 |  | 9,317
Reclamation and remediation costs |  |  |  | 0 |  | 0 |  | 0
Impairment charges of long-lived and other assets |  |  |  | 0 |  | 5,653 |  | 0
Impairment charges of goodwill |  |  |  | 0 |  | 0 |  | 0
Care and maintenance |  |  |  | 0 |  |  |  | 0
Other operating expense (income), net |  |  |  | (5,161) |  | 254 |  | 2,070
Operating income (loss) |  |  |  | (64,311) |  | (75,069) |  | (79,653)
Interest expense |  |  |  | (5,186) |  | (6,763) |  | (6,737)
Interest income |  |  |  | 4,425 |  | 7,242 |  | 6,699
Gain on acquisition of Kartaltepe |  |  |  |  |  |  |  | 0
Other income (expense) |  |  |  | 5,681 |  | (9,332) |  | (1,777)
Foreign exchange gain (loss) |  |  |  | (8,565) |  | (52,185) |  | 7,987
Income (loss) before income and mining taxes |  |  |  | (67,953) |  | (136,108) |  | (73,483)
Capital expenditures |  |  |  | 42,051 |  | 0 |  | 0
Total assets |  | $ 899,331 |  | $ 896,235 |  | $ 899,331 |  | $ 391,432
[1] | Excludes depreciation, depletion, and amortization.
[2] | The Company is the primary beneficiary in three variable interest entities (“VIEs”). See Note 2 for further information related to the Company's VIEs. The consolidated assets as of December 31, 2024 and December 31, 2023 include $3,426.1 million and $3,593.5 million, respectively, of assets of variable interest entities (“VIEs”) that can only be used to settle the obligations of the VIEs. As of December 31, 2024 and December 31, 2023, the assets include Cash and cash equivalents of $17.5 million and $42.8 million, respectively; Trade and other receivables of $2.6 million and $30.8 million, respectively; Inventories, current of $59.2 million and $165.2 million, respectively; Prepaids and other current assets of $3.7 million and $8.6 million, respectively; Mineral properties, plant and equipment, net of $3,089.5 million and $3,126.2 million, respectively; Inventories, non-current of $246.5 million and $218.1 million, respectively; and Other non-current assets of $7.2 million and $1.7 million, respectively. The consolidated liabilities as of December 31, 2024 and December 31, 2023 include $538.4 million and $418.6 million, respectively, of liabilities of VIEs whose creditors have no recourse to the Company. As of December 31, 2024 and December 31, 2023, the liabilities include Accounts payable of $8.5 million and $17.8 million, respectively; Accrued liabilities and other of $23.5 million and $32.8 million, respectively; Reclamation and remediation liabilities, current of $33.1 million and $1.8 million, respectively; F inance lease liabilities, non-current of $81.4 million and $86.2 million, respectively; Reclamation and remediation liabilities, non-current of $155.0 million and $36.8 million, respectively; Deferred income tax liabilities of $197.7 million and $232.9 million, respectively; and Other non-current liabilities of $39.4 million and $10.4 million, respectively.

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