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Financial Instrument Risks and Risk Management (Tables) | 12 Months Ended
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Dec. 31, 2023
Financial Instruments [Abstract] |
Contractual Maturities of Non-Derivative Liabilities | The following table summarizes the contractual maturities of the Company’s financial liabilities, and operating and capital purchase commitments at December 31, 2023:
| Within 1 year |  | 1-2 years |  | 2-3 years |  | 3-4 years |  | 4–5 years |  | Thereafter |  | Total
Trade payables and accrued liabilities | $ | 230,689 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 230,689 |
Loans and borrowings(1)(2) | 207,072 |  |  | 198,622 |  |  | 570,300 |  |  | 8,308 |  |  | 180,830 |  |  | — |  |  | 1,165,132 |
Derivative liabilities | 2,314 |  |  | 1,730 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 4,044 |
Lease liabilities(2) | 30,109 |  |  | 12,180 |  |  | 6,390 |  |  | 4,944 |  |  | 1,455 |  |  | 92 |  |  | 55,170 |
Other financial liabilities(2) | 6,745 |  |  | 13,156 |  |  | 7,510 |  |  | 7,403 |  |  | 7,296 |  |  | 3,570 |  |  | 45,680 |
Reclamation and closure costs(2) | 15,660 |  |  | 13,689 |  |  | 19,337 |  |  | 20,220 |  |  | 16,374 |  |  | 129,580 |  |  | 214,860 |
Purchase commitments(2) | 65,077 |  |  | 8,267 |  |  | 7,495 |  |  | 7,092 |  |  | 6,931 |  |  | 26,998 |  |  | 121,860 |
Other operating commitments(2) | 37,855 |  |  | 20,392 |  |  | 21,208 |  |  | 22,056 |  |  | 22,939 |  |  | 10,883 |  |  | 135,333 |
Total | $ | 595,521 |  |  | $ | 268,036 |  |  | $ | 632,240 |  |  | $ | 70,023 |  |  | $ | 235,825 |  |  | $ | 171,123 |  |  | $ | 1,972,768 |
(1)Amounts include principal and interest payments, except accrued interest, which is included in accounts payable and accrued liabilities. (2)Amounts represent undiscounted future cash flows.
Contractual Maturities of Derivative Liabilities | The following table summarizes the contractual maturities of the Company’s financial liabilities, and operating and capital purchase commitments at December 31, 2023:
| Within 1 year |  | 1-2 years |  | 2-3 years |  | 3-4 years |  | 4–5 years |  | Thereafter |  | Total
Trade payables and accrued liabilities | $ | 230,689 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 230,689 |
Loans and borrowings(1)(2) | 207,072 |  |  | 198,622 |  |  | 570,300 |  |  | 8,308 |  |  | 180,830 |  |  | — |  |  | 1,165,132 |
Derivative liabilities | 2,314 |  |  | 1,730 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 4,044 |
Lease liabilities(2) | 30,109 |  |  | 12,180 |  |  | 6,390 |  |  | 4,944 |  |  | 1,455 |  |  | 92 |  |  | 55,170 |
Other financial liabilities(2) | 6,745 |  |  | 13,156 |  |  | 7,510 |  |  | 7,403 |  |  | 7,296 |  |  | 3,570 |  |  | 45,680 |
Reclamation and closure costs(2) | 15,660 |  |  | 13,689 |  |  | 19,337 |  |  | 20,220 |  |  | 16,374 |  |  | 129,580 |  |  | 214,860 |
Purchase commitments(2) | 65,077 |  |  | 8,267 |  |  | 7,495 |  |  | 7,092 |  |  | 6,931 |  |  | 26,998 |  |  | 121,860 |
Other operating commitments(2) | 37,855 |  |  | 20,392 |  |  | 21,208 |  |  | 22,056 |  |  | 22,939 |  |  | 10,883 |  |  | 135,333 |
Total | $ | 595,521 |  |  | $ | 268,036 |  |  | $ | 632,240 |  |  | $ | 70,023 |  |  | $ | 235,825 |  |  | $ | 171,123 |  |  | $ | 1,972,768 |
(1)Amounts include principal and interest payments, except accrued interest, which is included in accounts payable and accrued liabilities. (2)Amounts represent undiscounted future cash flows.
Exposure to Currency Risk | The following table summarizes the Company’s exposure to currency risk arising from financial assets and financial liabilities, excluding foreign exchange contracts, denominated in foreign currencies:
At December 31, 2023 |  | BRL |  | MXN |  | CAD |  | USD
Financial assets |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 14,903 |  |  | $ | 281 |  |  | $ | 8,434 |  |  | $ | 14,494 |
Marketable securities |  | — |  |  | — |  |  | 92,666 |  |  | — |
Derivative assets |  | — |  |  | — |  |  | 89 |  |  | — |
Restricted cash |  | 5,212 |  |  | — |  |  | — |  |  | 1,745 |
Other financial assets |  | 2,928 |  |  | — |  |  | 1,849 |  |  | 3,669 |
Financial liabilities |  |  |  |  |  |  |  |
Accounts payable and accrued liabilities |  | (69,909) |  |  | (38,291) |  |  | (11,731) |  |  | (6,101) |
Derivative liabilities |  | (4,420) |  |  | — |  |  | (168) |  |  | — |
Lease liabilities |  | (14,713) |  |  | (57) |  |  | (783) |  |  | (11,113) |
Other financial liabilities |  | — |  |  | — |  |  | — |  |  | (31,070) |
|  | $ | (65,999) |  |  | $ | (38,067) |  |  | $ | 90,356 |  |  | $ | (28,376) |
At December 31, 2022 |  |  |  |  |  |  |  |
Financial assets |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 9,088 |  |  | $ | 244 |  |  | $ | 48,357 |  |  | $ | 7,036 |
Marketable securities |  | — |  |  | — |  |  | 36,867 |  |  | — |
Derivative assets |  | — |  |  | — |  |  | 29,154 |  |  | — |
Restricted cash |  | 5,550 |  |  | — |  |  | — |  |  | 1,740 |
Other financial assets |  | — |  |  | — |  |  | 5,028 |  |  | — |
Financial liabilities |  |  |  |  |  |  |  |
Accounts payable and accrued liabilities |  | (61,946) |  |  | (28,234) |  |  | (9,233) |  |  | (11,677) |
Derivative liabilities |  | — |  |  | — |  |  | (695) |  |  | — |
Lease liabilities |  | (6,226) |  |  | (131) |  |  | (231) |  |  | (2,298) |
Other financial liabilities |  | — |  |  | — |  |  | — |  |  | (10,597) |
|  | $ | (53,534) |  |  | $ | (28,121) |  |  | $ | 109,247 |  |  | $ | (15,796) |
31. FINANCIAL INSTRUMENT RISKS AND RISK MANAGEMENT (CONTINUED) (c)Market risk (continued) (ii)Foreign currency risk (continued) Based on the above foreign currency denominated financial assets and financial liabilities at December 31, 2023, excluding the effect of foreign exchange contracts, the reasonably possible weakening in foreign currencies against the USD and the USD against CAD at such date, assuming all other variables remained constant, would have resulted in the following increase (decrease) in the Company’s net income during the year ended December 31, 2023:
|  |  | 2023
BRL – 10% |  |  | $ | 4,818 |
MXN – 20% |  |  | 5,558 |
CAD – 10% |  |  | (6,596) |
USD – 10% |  |  | 2,302 |

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- Definition The disclosure of information that enables users of financial statements to evaluate the nature and extent of risks arising from financial instruments to which the entity is exposed. [Refer: Financial instruments, class [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2023-01-01 -Paragraph 31 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2023-en-r&anchor=para_31&doctype=Standard -URIDate 2023-03-23 + Details
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- Definition The disclosure of a maturity analysis for derivative financial liabilities, including the remaining contractual maturities for those derivative financial liabilities for which contractual maturities are essential for an understanding of the timing of the cash flows. [Refer: Derivative financial liabilities] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2023-01-01 -Paragraph 39 -Subparagraph b -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2023-en-r&anchor=para_39_b&doctype=Standard -URIDate 2023-03-23 + Details
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- Definition The disclosure of a maturity analysis for non-derivative financial liabilities (including issued financial guarantee contracts) that shows the remaining contractual maturities. [Refer: Derivative financial liabilities] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2023-01-01 -Paragraph 39 -Subparagraph a -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2023-en-r&anchor=para_39_a&doctype=Standard -URIDate 2023-03-23 + Details
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