XML 29 R15.htm IDEA: XBRL DOCUMENT v3.25.3
ASSET RETIREMENT OBLIGATIONS AND RESTRICTED CASH
 9 Months Ended
Sep. 30, 2025
Asset Retirement Obligation Disclosure [Abstract]  
Asset Retirement Obligations and Restricted Cash ASSET RETIREMENT OBLIGATIONS AND RESTRICTED CASH
Asset Retirement Obligations
The following table summarizes the Company’s asset retirement obligations (“AROs”):
Asset retirement obligations, December 31, 2024$44,117 
Accretion of liabilities2,622 
Settlements(19,952)
Asset retirement obligations, September 30, 2025$26,787 
The Company’s AROs are subject to legal and regulatory requirements. The Company periodically reviews its estimates for reclamation costs and the applicable regulatory authorities.
Restricted Cash
The Company has cash, cash equivalents and fixed income securities as collateral for various bonds posted in favor of the applicable state regulatory agencies in Arizona, Colorado, New Mexico, Utah and Wyoming, and the U.S. Bureau of Land Management and U.S. Forest Service and applicable national regulatory agency in Kenya, for estimated reclamation costs associated with the White Mesa Mill, Nichols Ranch and other mining properties. The restricted cash will be released when the Company has reclaimed a mineral property or the Mill, sold a mineral property or the Mill to a party having assumed the applicable bond requirements, or restructured the surety and collateral arrangements. See Note 15 – Commitments and Contingencies for more information.
The following table summarizes the Company’s restricted cash:
Restricted cash, December 31, 2024$20,002 
Additional collateral posted2,653 
Restricted cash, September 30, 2025$22,655