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INCOME AND MINING TAXES
 6 Months Ended
Jun. 30, 2025
INCOME AND MINING TAXES.  
INCOME AND MINING TAXES

NOTE 17 INCOME AND MINING TAXES

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The Company’s income and mining tax recovery for the three and six months ended June 30, 2025, and 2024, consisted of the following:

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​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three months ended June 30,

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Six months ended June 30,

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​

2025

    

2024

    

2025

    

2024

Current:

​

​

​

​

​

​

​

​

​

​

​

​

Domestic

​

$

(2,284)

​

$

459

​

$

(1,397)

​

$

992

Foreign

​

​

4,077

​

​

—

​

​

5,028

​

​

—

Total current income and mining tax expense

​

$

1,793

​

$

459

​

$

3,631

​

$

992

Deferred:

​

​

​

​

​

​

​

​

​

​

​

​

Domestic

​

$

—

​

$

—

​

$

—

​

$

—

Foreign

​

​

(2,904)

​

​

(2,835)

​

​

(5,821)

​

​

(5,925)

Total deferred income and mining tax recovery

​

$

(2,904)

​

$

(2,835)

​

$

(5,821)

​

$

(5,925)

Total income and mining tax recovery

​

$

(1,111)

​

$

(2,376)

​

$

(2,190)

​

$

(4,933)

​

The income and mining tax recovery for the three and six months ended June 30, 2025, and 2024, varies from the amounts that would have resulted from applying the statutory tax rates to pre-tax income or loss due primarily to the impact of taxation in foreign jurisdictions and the non-recognition of deferred tax assets.

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For the three and six months ended June 30, 2025, the Company used the annual effective tax rate method to calculate its tax provision. The tax provision also includes discrete adjustments including the amortization of the flow-through shares premium and changes to valuation allowances on various jurisdictions.