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Consolidated Statements of Cash Flows - CAD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Operating activities    
Net (loss) earnings $ (56,675) $ 16,229
Adjustments for:    
Share-based compensation 13,280 9,361
Depletion and amortization 51,934 46,904
Impairment of assets 126,650 34,298
Finance costs 7,721 8,409
Share of loss of associates 3,950 7,657
Net gain on acquisition of investments (7,638) (3,827)
Change in fair value of financial assets at fair value through profit and loss (6,286) (2,387)
Net gain on dilution of investments in associates (1,847) (10,381)
Net gain on disposal of investments 0 (5,357)
Foreign exchange loss (gain) 675 (652)
Flow-through shares premium income (6,971) 0
Deferred income tax expense 11,724 3,760
Other (5,423) 2,230
Net cash flows provided by operating activities before changes in non-cash working capital items 131,094 106,244
Changes in non-cash working capital items (24,999) 1,734
Net cash flows provided by operating activities 106,095 107,978
Investing activities    
Net repayment of short-term investments 3,501 412
Acquisition of the San Antonio gold project 0 (52,208)
Acquisition of investments (46,713) (49,194)
Proceeds from disposal of investments 50,936 10,864
Acquisition of royalty and stream interests (90,936) (66,062)
Mining assets and plant and equipment (185,297) (71,828)
Exploration and evaluation expenses, net of tax credits (3,175) (202)
Restricted cash (504) 4,762
Other 150 357
Net cash flows used in investing activities (272,038) (223,099)
Financing activities    
Private placement of common shares 0 85,000
Investments from minority shareholders 39,760 214,323
Share issue expenses from investments from minority shareholders (3,044) (5,965)
Exercise of share options and shares issued under the share purchase plan 14,547 7,835
Increase in long-term debt 54,015 71,660
Repayment of long-term debt (50,251) (19,205)
Normal course issuer bid purchase of common shares (30,791) (3,933)
Dividends paid (32,464) (28,914)
Capital payments on lease liabilities (6,582) (1,155)
Withholding taxes on settlement of restricted and deferred share units (3,715) (2,555)
Other (1,076) (230)
Net cash flows (used in) provided by financing activities (19,601) 316,861
(Decrease) increase in cash before effects of exchange rate changes on cash (185,544) 201,740
Effects of exchange rate changes on cash (1,282) (7,439)
(Decrease) increase in cash (186,826) 194,301
Cash - January 1 302,524 108,223
Cash - December 31 $ 115,698 $ 302,524