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CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2023 | Dec. 31, 2022
REVENUES |  |  |
Revenues from mining operations (Note 19) |  | $ 6,626,909 | $ 5,741,162
COSTS, INCOME AND EXPENSES |  |  |
Production | [1] | 2,933,263 | 2,643,321
Exploration and corporate development |  | 215,781 | 271,117
Amortization of property, plant and mine development (Note 9) |  | 1,491,771 | 1,094,691
General and administrative |  | 208,451 | 220,861
Finance costs (Note 14) |  | 130,087 | 82,935
(Gain) loss on derivative financial instruments (Note 21) |  | (68,432) | 90,692
Impairment loss (Note 24) |  | 787,000 | 55,000
Foreign currency translation gain |  | (328) | (16,081)
Care and maintenance |  | 47,392 | 41,895
Revaluation gain (Note 5) |  | (1,543,414) |
Other expenses (Note 22) |  | 66,269 | 141,308
Income before income and mining taxes |  | 2,359,069 | 1,115,423
Income and mining taxes expense (Note 25) |  | 417,762 | 445,174
Net income for the year |  | $ 1,941,307 | $ 670,249
Net income per share - basic (Note 16) |  | $ 3.97 | $ 1.53
Net income per share - diluted (Note 16) |  | 3.95 | 1.53
Cash dividends declared per common share |  | $ 1.60 | $ 1.60
[1] | Exclusive of amortization, which is shown separately.

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