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Income taxes (Tables)

12 Months Ended

Dec. 31, 2019

Income Tax [Absract]

Schedule of Deferred tax assets and liabilities



		Recognized in earnings						As at December 31
		2019			2018			2019			2018


Assets
Property, plant and equipment	$	74,039		$	119,132		$	319,185		$	245,206
Provision for reclamation		2,325			(36,622)			193,514			191,189
Inventories		(2,163)			1,137			-			2,163
Foreign exploration and development		(14)			(14)			5,267			5,281
Income tax losses (gains)		(108,839)			39,289			390,341			499,180
Defined benefit plan actuarial losses		-			-			7,947			5,646
Long-term investments and other		(17,377)			24,169			40,423			57,347

Deferred tax assets		(52,029)			147,091			956,677			1,006,012


Liabilities
Inventories		301			-			301			-

Deferred tax liabilities		301			-			301			-


Net deferred tax asset (liability	$	(52,330)		$	147,091		$	956,376		$	1,006,012



Deferred tax allocated as								2019			2018

Deferred tax assets							$	956,376		$	1,006,012
Deferred tax liabilities								-			-

Net deferred tax asset							$	956,376		$	1,006,012



		2019			2018


Deferred tax asset at beginning of year	$	1,006,012		$	848,704
Recovery (expense) for the year in net earnings		(52,330)			147,091
Recovery (expense) for the year in other comprehensive income		2,754			(851)
Change to equity accounting - JV Inkai		-			10,849
Effect of movements in exchange rates		(60)			219

End of year	$	956,376		$	1,006,012



		2019			2018


Income tax losses	$	280,330		$	270,154
Property, plant and equipment		2,321			2,344
Provision for reclamation		75,082			88,036
Long-term investments and other		70,380			72,500

Total	$	428,113		$	433,034

Schedule of Tax rate reconciliation


				2019			2018


Earnings before income taxes and non-controlling interest			$	135,018		$	39,929
Combined federal and provincial tax rate				26.9%			26.9%

Computed income tax expense				36,320			10,741
Increase (decrease) in taxes resulting from:
	Difference between Canadian rates and rates
		applicable to subsidiaries in other countries		5,558			(78,138)
	Change in unrecognized deferred tax assets			19,646			18,027
	Share-based compensation plans			1,146			1,292
	Change in tax provision related to transfer pricing			-			(61,000)
	Non-deductible (non-taxable) capital amounts			-			(13,249)
	Income in equity-accounted investee			(12,074)			-
	Change in uncertain tax positions			2,572			(3,517)
	Other permanent differences			7,909			(462)

Income tax expense (recovery)			$	61,077		$	(126,306)

Schedule of Earnings and income taxes by jurisdiction



			2019			2018


Earnings (loss) before income taxes
	Canada	$	229,429		$	(257,291)
	Foreign		(94,411)			297,220

		$	135,018		$	39,929


Current income taxes
	Canada	$	7,969		$	5,913
	Foreign		778			14,872

		$	8,747		$	20,785
Deferred income taxes (recovery)
	Canada	$	60,010		$	(149,284)
	Foreign		(7,680)			2,193

		$	52,330		$	(147,091)

Income tax expense (recovery)		$	61,077		$	(126,306)

Schedule of Income tax losses


Date of expiry		Canada		US		Other		Total


2026	$	-	$	-	$	80,000	$	80,000
2030		47		-		-		47
2031		-		20,859		-		20,859
2032		272		22,464		-		22,736
2033		173,691		38,296		-		211,987
2034		322,359		21,125		-		343,484
2035		372,558		14,699		-		387,257
2036		209,265		44,674		-		253,939
2037		143		33,462		-		33,605
2038		5,581		51,896		-		57,477
2039		6,524		40,559		-		47,083
No expiry		-		-		1,051,195		1,051,195

	$	1,090,440	$	288,034	$	1,131,195	$	2,509,669