XML 23 R4.htm IDEA: XBRL DOCUMENT v3.24.0.1
Consolidated Statements of Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Profit or loss [abstract]    
OPERATING REVENUES $ 1,023.3 $ 821.2
COST OF SALES    
Mining and processing 437.3 394.4
Inventory net realizable value adjustment 0.0 33.9
Royalties 10.2 9.1
Amortization 190.2 171.5
Cost of sales 637.7 608.9
EXPENSES    
Exploration 18.2 18.4
Corporate and administrative 27.6 25.9
Share-based compensation (note 13) 21.7 18.3
Impairment (note 8) 0.0 38.2
Total expenses 705.2 709.7
EARNINGS FROM OPERATIONS 318.1 111.5
Finance expense (2.5) (5.7)
Foreign exchange gain 1.9 1.7
Other loss (note 14) (23.8) (5.1)
EARNINGS BEFORE INCOME TAXES 293.7 102.4
INCOME TAXES (note 12)    
Current income tax expense (52.7) (10.7)
Deferred income tax expense (31.0) (54.6)
NET EARNINGS 210.0 37.1
Items that may be subsequently reclassified to net earnings:    
Net change in fair value of currency hedging instruments, net of taxes 8.3 (5.9)
Net change in fair value of fuel hedging instruments, net of taxes (0.2) (0.3)
Items that will not be reclassified to net earnings:    
Unrealized loss on equity securities, net of taxes (10.5) (20.5)
Total other comprehensive loss (2.4) (26.7)
COMPREHENSIVE INCOME $ 207.6 $ 10.4
EARNINGS PER SHARE (note 15)    
- basic (usd per share) $ 0.53 $ 0.09
- diluted (usd per share) $ 0.53 $ 0.09
Weighted average number of common shares outstanding (000's)    
- basic (in shares) 395,509 392,172
- diluted (in shares) 398,069 394,508