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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Operating Activities    
Net income $ 23,291 $ 11,419
Adjusted for the following items:    
Depreciation 34,076 36,512
Loss (income) from investments in associates 2,884 (59)
Materials and supplies inventory provision 1,190 1,401
Share-based compensation 5,265 5,111
Finance costs 40,957 29,156
Derecognition of Investment in associate 0 10,559
Loss (gain) on financial instruments 16,167 13,078
Amortization of deferred revenue and cumulative catch-up (3,931) (3,930)
Unrealized foreign exchange loss (gain) (14,853) 15,523
Income tax expense 56,039 47,407
Other 2,473 28
Payment of PSUs and DSUs (2,245) (47)
Precious metal stream deposit received 40,016 0
Settlement of provisions (1,345) (780)
Increase in cash in trust (1,673) (327)
Changes in non-cash operating working capital items (18,720) (7,919)
Operating cash flows before taxes 179,591 157,132
Income taxes paid (38,354) (52,433)
Net cash provided by operating activities 141,237 104,699
Investing Activities    
Additions to mining interests, plant and equipment (181,449) (113,716)
Acquisition of 20% interest in Soto Norte 0 (50,000)
Purchase of interests in investments accounted for using equity method (2,647) (5,105)
Increase in cash acquired with Soto Norte Acquisition 5,251 0
Acquisition costs and project funding (6,085) 0
Capitalized interest paid (net) (13,839) (6,732)
Net cash used in investing activities (198,769) (180,278)
Financing Activities    
Net cash proceeds 441,294 0
Payment of lease obligations (2,451) (2,982)
Interest paid (26,527) (25,145)
Repayment of convertible debenture (1,325) 0
Increase in gold trust account 0 (769)
Proceeds from exercise of stock options and warrants 30,234 2,956
Net cash provided by (used in) financing activities 121,290 (33,328)
Impact of foreign exchange rate changes on cash and equivalents (5,845) 4,068
Increase (decrease) in cash and cash equivalents 57,913 (104,839)
Cash and cash equivalents, beginning of period 194,622 299,461
Cash and cash equivalents, end of period 252,535 194,622
Gold Notes    
Financing Activities    
Repayment of Gold Notes (14,778) (7,388)
Interest paid (3,888) (4,696)
Senior Notes 2026    
Financing Activities    
Repayment of Gold Notes (305,157) 0
Interest paid (26,411) (20,625)
Denarius    
Adjusted for the following items:    
Loss (income) from investments in associates   (2,700)
Investing Activities    
Acquisition of 20% interest in Soto Norte   (1,122)
Purchase of interests in investments accounted for using equity method 0 (1,122)
Purchase of Denarius Debenture $ 0 $ (3,603)