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Consolidated Statements of Cash Flows - CAD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Operating activities    
Net loss $ (234,195) $ (105,587)
Adjustments for:    
Share-based compensation 8,320 5,791
Depletion and amortization 48,270 52,786
Finance costs 7,161 6,864
Gain on disposal of stream and offtake interests (7,636) (9,094)
Impairment of assets 248,300 166,316
Impairment of an investment in associate 12,500  
Share of loss of associates 22,209 9,013
Net gain on acquisition of investments (1,006) (1,934)
Net loss (gain) on disposal of investments 27,391 (6,956)
Net loss (gain) on dilution of investments in associates 3,687 (1,545)
Change in fair value of financial assets at fair value through profit and loss 1,089 7,837
Deferred income tax recovery (41,197) (35,970)
Foreign exchange loss 1,901 179
Settlement of deferred and restricted share units (589) (3,117)
Other 173 194
Net cash flows provided by operating activities before changes in non-cash working capital items 96,378 84,777
Changes in non-cash working capital items (4,780) (2,619)
Net cash flows provided by operating activities 91,598 82,158
Investing activities    
Acquisition of short-term investments (39,597) (10,000)
Cash acquired through the acquisition of Barkerville 8,312 0
Transaction fees paid on acquisition of Barkerville (1,513) 0
Acquisition of investments (62,815) (104,746)
Proceeds on disposal of investments 130,128 27,043
Acquisition of royalty and stream interests (77,814) (141,101)
Proceeds on sale of royalty and stream interests 57,016 159,383
Mining interests and plant and equipment (6,321) (105)
Exploration and evaluation tax credits, net of expenses 166 3,891
Net cash flows provided by (used in) investing activities 7,562 (65,635)
Financing activities    
Exercise of share options and shares issued under the share purchase plan 21,783 358
Increase in long-term debt 19,772 0
Repayment of long-term debt (30,000) (123,475)
Common shares acquired and cancelled through a share repurchase (129,486) 0
Normal course issuer bid purchase of common shares (13,533) (31,243)
Dividends paid (27,455) (27,809)
Other (2,991) (977)
Net cash flows used in financing activities (161,910) (183,146)
Decrease in cash before effects of exchange rate changes on cash (62,750) (166,623)
Effects of exchange rate changes on cash (3,292) 7,183
Decrease in cash (66,042) (159,440)
Cash - January 1 174,265 333,705
Cash - December 31 $ 108,223 $ 174,265