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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Jun. 30, 2025
Current assets      
Cash and cash equivalents $ 58,416 $ 64,736  
Marketable securities (Notes 3 and 16) 878,338 797,106  
Trade and other receivables, net, no allowance for credit losses as of June 30, 2026 and December 31, 2025 (Note 4) 15,071 18,018  
Inventories (Note 5) 75,037 73,492  
Prepaid expenses and other current assets 6,180 5,319  
Total current assets 1,033,042 958,671  
Mineral properties, net (Note 6) 328,589 312,266  
Property, plant and equipment, net (Note 6) 74,190 69,795  
Investments, net (Note 7) 35,432 27,525  
Marketable securities (Notes 3 and 16) 24,905 10,241  
Intellectual property, net (Note 8) 4,229 4,367  
Restricted cash (Note 10) 22,846 22,468  
Other assets 9,968 6,519  
Total assets 1,533,201 1,411,852  
Current liabilities      
Accounts payable and accrued liabilities (Note 14) 29,185 24,985  
Asset retirement obligations (Note 10) 2,496 788  
Contingent consideration (Notes 16 and 18) 1,767 1,720 $ 1,723
Other liabilities (Note 14) 3,581 3,737  
Total current liabilities 37,029 31,233  
Convertible senior notes, net (Notes 9 and 16) 677,684 675,688  
Asset retirement obligations (Note 10) 21,035 21,407  
Other liabilities 655 954  
Total liabilities 736,403 729,282  
Equity      
Share capital Common shares, without par value, unlimited shares authorized; shares issued and outstanding 249,919 and 240,366 as of June 30, 2026 and December 31, 2025, respectively 1,326,279 1,170,958  
Accumulated deficit (533,879) (489,657)  
Accumulated other comprehensive income (loss) 170 (2,896)  
Total shareholders’ equity 792,570 678,405  
Non-controlling interest 4,228 4,165  
Total equity 796,798 682,570 $ 644,769
Total liabilities and equity 1,533,201 1,411,852  
Commitments and contingencies (Note 15)