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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
CASH PROVIDED (USED IN) BY OPERTING ACTIVITIES    
Net earnings $ 210.0 $ 37.1
Adjustments for items not involving cash:    
Amortization 190.2 171.5
Impairment (note 8) 0.0 38.2
Inventory net realizable value adjustment 0.0 33.9
Foreign exchange gain (1.9) (1.7)
Current income tax expense 52.7 10.7
Deferred income tax expense 31.0 54.6
Share-based compensation 21.7 18.3
Finance expense 2.5 5.7
Other (note 16) 12.7 (6.7)
Changes in working capital and taxes paid (note 16) (46.2) (63.1)
Cash flows from (used in) operating activities 472.7 298.5
INVESTING ACTIVITIES    
Mineral property, plant and equipment (348.9) (313.7)
Proceeds from sale of Esperanza Project (note 8) 0.0 5.0
Proceeds from disposition of equity securities 0.1 0.0
Investment in equity securities (2.8) (4.0)
Manitou transaction costs (note 8) (0.2) 0.0
Cash flows from (used in) investing activities (351.8) (312.7)
FINANCING ACTIVITIES    
Dividends paid (35.3) (35.1)
Proceeds from the exercise of options and warrants 9.3 5.3
Repurchase and cancellation of common shares 0.0 (8.2)
Proceeds from issuance of flow-through shares 0.0 10.4
Credit facility interest and transaction fees 0.0 (0.8)
Cash flows from (used in) financing activities (26.0) (28.4)
Effect of exchange rates on cash and cash equivalents 0.1 (0.1)
Increase (decrease) in cash and cash equivalents 95.0 (42.7)
Cash and cash equivalents - beginning of year 129.8 172.5
CASH AND CASH EQUIVALENTS - END OF YEAR $ 224.8 $ 129.8