XML 59 R40.htm IDEA: XBRL DOCUMENT v3.24.0.1
Segmented Information (Tables)
12 Months Ended
Dec. 31, 2023
Disclosure of entity's operating segments [Abstract]  
Disclosure of operating segments [text block]
Year Ended December 31, 2023
Young-Davidson
Mulatos1
Island Gold
Corporate /other2
Total
Operating revenues$355.3 $420.2 $247.8 — $1,023.3 
Cost of sales
Mining and processing166.2 188.4 82.7 — 437.3 
Royalties5.3 2.2 2.7 — 10.2 
Amortization76.7 75.3 38.2 — 190.2 
248.2 265.9 123.6 — 637.7 
Expenses
Exploration2.9 9.9 3.7 1.7 18.2 
Corporate and administrative— — — 27.6 27.6 
Share-based compensation— — — 21.7 21.7 
Earnings (loss) from operations$104.2 $144.4 $120.5 ($51.0)$318.1 
Finance expense(2.5)
Foreign exchange gain1.9 
Other loss(23.8)
Earnings before income taxes$293.7 
Year Ended December 31, 2022
Young-Davidson
Mulatos1
Island Gold
Corporate/other2
Total
Operating revenues$347.8 $238.1 $235.3 — $821.2 
Cost of sales
Mining and processing163.4 150.4 80.6 — 394.4 
Inventory net realizable value adjustment— 33.9 — — 33.9 
Royalties5.3 1.2 2.6 — 9.1 
Amortization81.8 52.5 37.2 — 171.5 
250.5 238.0 120.4 — 608.9 
Expenses
Exploration4.3 7.5 4.7 1.9 18.4 
Corporate and administrative— — — 25.9 25.9 
Share-based compensation— — — 18.3 18.3 
Impairment— — — 38.2 38.2 
Earnings (loss) from operations$93.0 ($7.4)$110.2 ($84.3)$111.5 
Finance expense(5.7)
Foreign exchange gain1.7 
Other loss(5.1)
Earnings before income taxes$102.4 
1. Mulatos includes the La Yaqui Grande operation.
2. Corporate and other consists of corporate balances and exploration, development projects and mines in reclamation.
(b) Segment assets and liabilities
Total AssetsTotal liabilities
December 31, 2023December 31, 2022December 31, 2023December 31, 2022
Young-Davidson$1,693.2 $1,644.9 $381.8 $353.2 
Island Gold1,453.6 1,222.5 476.4 415.5 
Mulatos 1
631.5 606.0 172.7 143.1 
Corporate/other 2
222.9 200.8 46.8 41.3 
Total assets and liabilities$4,001.2$3,674.2$1,077.7$953.1
1. Mulatos includes the La Yaqui Grande operation.
2. Corporate and other consists of corporate balances, exploration and development projects and mines in reclamation