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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents (Note 4) $ 51,249 $ 13,692
Marketable securities (Note 5) 24,171 1,617
Receivables, prepaids and other current assets (Note 6) 6,303 7,486
Due from McEwen Copper Inc. (Note 14) $ 8,137 $ 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) $ 29,514 $ 18,111
Total current assets 119,374 41,192
Mineral property interests and plant and equipment, net (Note 8) 222,381 210,922
Investment in McEwen Copper Inc. (Note 9) 279,116 298,947
Investment in Minera Santa Cruz S.A. (Note 9) 107,183 101,854
Inventories (Note 7) 15,552 7,834
Restricted cash (Note 4) 4,002 3,772
Other assets 36 102
TOTAL ASSETS 747,644 664,623
Current liabilities:    
Accounts payable and accrued liabilities 36,226 28,448
Reclamation and remediation liabilities (Note 11) 6,824 4,988
Contract liability (Note 16) 9,350 3,544
Flow-through share premium (Note 12) 483 5,447
Tax liabilities 3,058 4,478
Lease liabilities 833 788
Total current liabilities 56,774 47,693
Long-term debt, net of issuance costs (Note 10) 125,968 40,000
Reclamation and remediation liabilities (Note 11) 38,660 41,075
Deferred tax liabilities 34,044 36,630
Lease liabilities 924 1,323
Other liabilities 2,710 2,927
Total liabilities 259,080 169,648
Shareholders' equity:    
Common shares: 54,464 as at September 30, 2025 (in thousands) (Note 12) 1,801,983 1,804,702
Accumulated deficit (1,313,419) (1,309,727)
Total shareholders' equity 488,564 494,975
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY 747,644 664,623
Inventus Mining Corp.    
Current assets:    
Due from McEwen Copper Inc. (Note 14) $ 8,137 $ 286