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Related party transactions
 3 Months Ended
Mar. 31, 2026
Related Party Transactions [Abstract]  
Related party transactions
13. Related party transactions:
Related parties include entities with common direct or indirect shareholders and/or directors. Parties are considered to be related if one party has the ability, directly or indirectly, to control the other party or exercise significant influence over the other party in making financial and operating decisions.
The following table summarizes transactions between the Company and significant related parties.
Balance outstanding as atTransactions for the
three months ended
March 31,
March 31,
2026		December 31,
2025		20262025
Total Expenses
Global Mining (Note a)$— $649 $— $771 
Ivanhoe Capital Aviation (Note b)— — — 250 
High Water Holding Company (Note b)— 250 250 — 
I-Pulse (Note c)— — — 617 
JCHX Mining Management Co., Ltd (Note e)— 1,500 — — 
Total$— $2,399 $250 $1,638 
Revenue and accounts receivable
Maaden Joint Venture (Note d)$100 $— $529 $600 
Advances
Global Mining (Note a)283 422 — — 
Maaden Joint Venture (Note d)237 141 — — 
Deposit
I-Pulse (Note c)$1,573 $1,573 $— $— 
Transactions for the
three months ended
March 31,
20262025
Expense classification
Exploration expenses$— $906 
General and administrative expenses250 732 
$250 $1,638 
(a)Global Mining Management Corp. (“Global Mining”) is a private company based in Vancouver, Canada, that provided administration, accounting, and other office services to the Company on a cost-recovery basis. Effective October 31, 2025, the Company ended its service relationship with Global Mining and is no longer a shareholder.
(b)Ivanhoe Capital Aviation (“ICA”) and High Water Holding Company (“High Water”) are entities beneficially owned by the Company’s Executive Chairman. ICA and High Water provided use of an aircraft to the Company.
(c)The Company's Executive Chairman is the Chief Executive Officer and a principal owner of I-Pulse. On October 24, 2022, the Company entered into an agreement with I-Pulse, to purchase six Typhoon™ transmitters. The total purchase price for the six Typhoon™ transmitters is $12.4 million. In October 2022, the Company made deposit payments totaling $7.1 million, representing 50% of each component of the agreement. The remaining payments will be made as each Typhoon™ transmitter system is delivered. As at March 31, 2026, the Company has received four of the Typhoon™ transmitters that are deliverable under the agreement.
(d)The Company's majority owned subsidiary, CGI, provides geophysical data processing services to the Maaden joint venture and recognized revenue totaling $0.5 million.
At March 31, 2026 the Maaden Joint Venture owes the Company $0.2 million for costs that the Company incurred on behalf of the Maaden Joint Venture related to exploration work in Saudi Arabia.
(e)JCHX held 18.2% of Cordoba’s issued and outstanding common stock as at March 31, 2026 (December 31, 2025 - 19.2%). In February 2026, JCHX provided bridge loans to CMH Colombia S.A.S (“CMH”), a subsidiary of Cordoba, totalling $2.5 million. The loan was derecognized upon the Alacrán divestment (Note 12).