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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents (Note 4) $ 53,554 $ 13,692
Marketable securities (Note 5) 15,967 1,617
Receivables, prepaids and other current assets (Note 6) 6,771 7,486
Due from McEwen Copper Inc. (Note 14) $ 7,242 $ 286
Other Receivable, after Allowance for Credit Loss, Current, Related Party, Name [Extensible Enumeration] Mcewen Copper Inc [Member] Mcewen Copper Inc [Member]
Inventories (Note 7) $ 24,134 $ 18,111
Total current assets 107,668 41,192
Mineral property interests and plant and equipment, net (Note 8) 220,488 210,922
Investment in McEwen Copper Inc. (Note 9) 283,391 298,947
Investment in Minera Santa Cruz S.A. (Note 9) 103,714 101,854
Inventories (Note 7) 16,332 7,834
Restricted cash (Note 4) 3,996 3,772
Other assets 33 102
TOTAL ASSETS 735,622 664,623
Current liabilities:    
Accounts payable and accrued liabilities 33,905 28,448
Reclamation and remediation liabilities (Note 11) 6,875 4,988
Contract liability (Note 16)   3,544
Flow-through share premium (Note 12) 2,107 5,447
Tax liabilities 2,237 4,478
Lease liabilities 727 788
Total current liabilities 45,851 47,693
Long-term debt, net of issuance costs (Note 10) 125,772 40,000
Reclamation and remediation liabilities (Note 11) 41,054 41,075
Deferred tax liabilities 34,364 36,630
Lease liabilities 1,099 1,323
Other liabilities 3,003 2,927
Total liabilities 251,143 169,648
Shareholders' equity:    
Common shares: 54,098 as at June 30, 2025 (in thousands) (Note 12) 1,797,436 1,804,702
Accumulated deficit (1,312,957) (1,309,727)
Total shareholders' equity 484,479 494,975
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY $ 735,622 $ 664,623