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Financial Instruments (Tables)
 12 Months Ended
Dec. 31, 2020
Financial instruments [Abstract]  
Disclosure of financial assets by categories Financial assets and liabilities by categories 
December 31, 2020Amortized costFVTPLFVTOCITotal
Financial Assets:  
Cash and cash equivalents$167,113 $— $— $167,113 
Trade receivables from provisional concentrates sales (1)
— 35,084 — 35,084 
Receivable not arising from sale of metal concentrates (1)
84,486 — — 84,486 
Short-term investments, equity securities— 111,946 — 111,946 
Derivative financial assets— 7,812 — 7,812 
$251,599 $154,842 $— $406,441 
Financial Liabilities:
Derivative financial liabilities$— $367 $— $367 
(1)Included in Trade and other receivables.
December 31, 2019Amortized costFVTPLFVTOCITotal
Financial Assets:  
Cash and cash equivalents$120,564 $— $— $120,564 
Trade receivables from provisional concentrates sales (1)
— 48,767 — 48,767 
Receivable not arising from sale of metal concentrates (1)
116,596 — — 116,596 
Short-term investments, equity securities— 117,776 — 117,776 
Short-term investments, other than equity securities— — — — 
Derivative financial assets— 1,272 — 1,272 
$237,160 $167,815 $— $404,975 
Financial Liabilities:
Debt$— $275,000 $— $275,000 
(1)Included in Trade and other receivables.
Disclosure of financial liabilities by categories Financial assets and liabilities by categories 
December 31, 2020Amortized costFVTPLFVTOCITotal
Financial Assets:  
Cash and cash equivalents$167,113 $— $— $167,113 
Trade receivables from provisional concentrates sales (1)
— 35,084 — 35,084 
Receivable not arising from sale of metal concentrates (1)
84,486 — — 84,486 
Short-term investments, equity securities— 111,946 — 111,946 
Derivative financial assets— 7,812 — 7,812 
$251,599 $154,842 $— $406,441 
Financial Liabilities:
Derivative financial liabilities$— $367 $— $367 
(1)Included in Trade and other receivables.
December 31, 2019Amortized costFVTPLFVTOCITotal
Financial Assets:  
Cash and cash equivalents$120,564 $— $— $120,564 
Trade receivables from provisional concentrates sales (1)
— 48,767 — 48,767 
Receivable not arising from sale of metal concentrates (1)
116,596 — — 116,596 
Short-term investments, equity securities— 117,776 — 117,776 
Short-term investments, other than equity securities— — — — 
Derivative financial assets— 1,272 — 1,272 
$237,160 $167,815 $— $404,975 
Financial Liabilities:
Debt$— $275,000 $— $275,000 
(1)Included in Trade and other receivables.
Disclosure of financial instruments at fair value through profit or loss
The Company’s short-term investments in equity securities are recorded at FVTPL for the year ended December 31, 2020 and 2019. Net gains (losses) on short-term investments recorded at FVTPL were as follows:
 
2020 (1)
2019 (1)
Unrealized net gains on short-term investments, equity securities$10,577 $83,705 
Realized net gains on short-term investments, equity securities51,562 — 
 $62,139 $83,705 
(1)Excludes $0.9 million in income not recorded at FVTPL for the year ended December 31, 2020 (2019 - $1.0 million).
The net gains (losses) on derivatives for the year ended December 31, 2020 and 2019 were comprised of the following:
 20202019
Gains on foreign currency and commodity contracts: 
Realized (losses) gains on foreign currency and commodity contracts$(2,594)$2,669 
Unrealized gains on foreign currency and commodity contracts6,137 646 
 $3,543 $3,315 
Gain (loss) on derivatives: 
Gain (loss) on warrants$38 $(14)
 $38 $(14)
Disclosure of unrealized (losses) gains from short-term investments other than equity securities The unrealized gains from short-term investments other than equity securities for the year ended December 31, 2020 and 2019 were as follows:
 20202019
Reclassification adjustment for realized gains on short-term investments, other than equity securities— (208)
Disclosure of assets and liabilities in the fair value hierarchy
The levels in the fair value hierarchy into which the Company’s financial assets and liabilities that are measured and recognized on the Consolidated Statements of Financial Position at fair value on a recurring basis were categorized as follows:
 At December 31, 2020At December 31, 2019
 Level 1Level 2Level 1Level 2
Assets and Liabilities:    
Short-term investments$111,946 $— $117,776 $— 
Trade receivables from provisional concentrate sales— 35,084 — 48,767 
Derivative financial assets— 7,812 — 1,272 
Derivative financial liabilities— (367)— — 
 $111,946 $42,529 $117,776 $50,039 
Disclosure of credit risk exposure
Cash and cash equivalents, trade accounts receivable and other receivables that represent the maximum credit risk to the Company consist of the following: 
 December 31,
2020		December 31,
2019
Cash and cash equivalents$167,113 $120,564 
Trade accounts receivable (1)
35,084 66,230 
Supplier advances8,186 3,391 
Royalty receivable (1)
— 121 
Employee loans (1)
552 392 
(1)Included in Trade and other receivables.
Disclosure of maturity analysis for derivative financial liabilities The following table summarizes the remaining contractual maturities of the Company's financial and non-financial liabilities, shown in contractual undiscounted cash flow:
Payments due by period 2020
 Within 1 year2 - 3 years4- 5 years
After 5
years
Total
Financial liabilities
Accounts payable and accrued liabilities other than:$272,266 $— $— $— $272,266 
Severance accrual2,935 3,711 1,120 76 7,842 
Employee compensation6,737 — — — 6,737 
Total accounts payable and accrued liabilities281,938 3,711 1,120 76 286,845 
Income taxes payable54,556 — — — 54,556 
Loss on commodity contracts367 — — — 367 
Debt
  Interest & Standby Fees2,110 2,294 — — 4,404 
Provisions(1)(2)
3,648 3,109 85 1 6,843 
Future employee compensation4,396 11,468 — — 15,864 
Total contractual obligations(2)
$347,015 $20,582 $1,205 $77 $368,879 
Payments due by period 2019
 Within 1 year2 - 3 years4- 5 years
After 5
years
Total
Financial liabilities
Accounts payable and accrued liabilities other than:$221,488 $— $— $— $221,488 
Severance accrual994 5,967 772 109 7,842 
Employee compensation2,848 — — — 2,848 
Total accounts payable and accrued liabilities225,330 5,967 772 109 232,178 
Income taxes payable24,770 — — — 24,770 
Debt
  Credit facility— — 275,000 — 275,000 
  Interest & Standby Fees12,952 27,040 — — 39,992 
Provisions(1)(2)
3,979 633 1,350 967 6,929 
Future employee compensation1,444 8,711 — — 10,155 
Total contractual obligations(2)
$268,475 $42,351 $277,122 $1,076 $589,024 
(1)Total litigation provision (Note 17).
(2)Amounts above do not include payments related to the Company’s anticipated closure and decommissioning obligation (current $8.4 million, long-term $226.7 million) discussed in Note 17 (2019 - current $3.4 million, long-term $185.1 million), the deferred credit arising from the Aquiline acquisition ($20.8 million) (2019 - $20.8 million) discussed in Note 20, and deferred tax liabilities of $175.3 million (2019 - $176.8 million).
Disclosure of exposure to currency risk through financial assets and liabilities
The Company is exposed to currency risk through the following financial assets and liabilities, and deferred income tax assets and liabilities denominated in foreign currencies:  
At December 31, 2020Cash and
short-term
investments		Other current and
non-current
assets		Income taxes
receivable
(payable),
current and non-
current		Accounts payable
and accrued
liabilities and non-
current liabilities		Deferred tax
assets and  
liabilities
Canadian Dollar$117,956 $4,952 $3,537 $(24,310)$40,600 
Mexican Peso1,020 29,895 3,657 (45,050)(72,552)
Argentine Peso7,175 16,878 1,513 (14,543)— 
Bolivian Boliviano571 218 (2,443)(19,402)(7,700)
European Euro3 — — — — 
Peruvian Sol13,917 26,257 (38,507)(54,672)(77,810)
Guatemala quetzal453 677 — (4,559)1 
 $141,095 $78,877 $(32,243)$(162,536)$(117,461)
At December 31, 2019Cash and
short-term
investments		Other current and
non-current
assets
Income taxes
receivable
(payable),
current and non-
current (1)
Accounts payable
and accrued
liabilities and non-
current liabilities		Deferred tax
assets and
liabilities
Canadian Dollar$123,391 $3,897 $(769)$(23,387)$23,640 
Mexican Peso5,222 14,215 6,902 (64,589)(73,938)
Argentine Peso3,652 18,511 1,400 (16,143)— 
Bolivian Boliviano3,447 221 (3,135)(8,749)(9,925)
European Euro3 — — — — 
Peruvian Sol2,406 55,851 (12,147)(39,884)(80,138)
Guatemala quetzal353 1,482 — (669)— 
 $138,474 $94,177 $(7,749)$(153,421)$(140,361)
(1)Recast comparative to provide consistency with current presentation.