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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Operating activities    
Net income for the year $ 45,121 $ 61,566
Mine restoration provisions settled (Note 11) (1,040) (320)
Non-cash charges, net (Note 17) 396,263 109,818
Changes in non-cash working capital (Note 17) 8,630 (39,681)
Proceeds from prepaid sales (Note 13) 0 30,000
Changes in long-term value added tax receivables 1,893 (6,383)
Cash provided by operating activities 450,867 155,000
Financing activities    
Repayment of convertible notes (Note 10) (258,750) 0
Revolving credit facility, drawdowns net of transaction costs (Note 10) 250,000 145,341
Repayment of revolving credit facility (Note 10) (200,000) 0
Equipment loan facilities, drawdowns net of transaction costs (Note 10) 32,117 68,224
Repayment of equipment loan facilities (Note 10) (27,670) (16,782)
Common shares issued for cash on exercise of stock options (Note 12) 22,805 26,503
Interest and commitment fees paid (36,878) (20,623)
Restricted cash movement (621) (8,085)
Other (1,512) (1,556)
Cash (used) provided by financing activities (220,509) 193,022
Investing activities    
Purchase of non-controlling interest (2,500) (1,500)
Other 626 748
Cash used by investing activities (273,468) (346,843)
(Decrease) increase in cash and cash equivalents (43,110) 1,179
Effect of exchange rate changes on cash and cash equivalents (1,606) 1,618
Cash and cash equivalents, beginning of year 147,468 144,671
Cash and cash equivalents, end of year 102,752 147,468
Fekola    
Investing activities    
Expenditures on mining interests, prefeasibility and exploration and development (14,246) (8,441)
Otjikoto    
Investing activities    
Expenditures on mining interests, prefeasibility and exploration and development (1,744) (1,220)
Masbate    
Investing activities    
Expenditures on mining interests, prefeasibility and exploration and development (4,941) (4,668)
Libertad    
Investing activities    
Expenditures on mining interests, prefeasibility and exploration and development (4,798) (6,751)
Limon    
Investing activities    
Expenditures on mining interests, prefeasibility and exploration and development (6,247) (6,362)
Gramalote    
Investing activities    
Expenditures on mining interests, prefeasibility and exploration and development (6,049) (11,967)
Other    
Investing activities    
Expenditures on mining interests, prefeasibility and exploration and development (60,138) (53,673)
Lynn Lake Royalty    
Investing activities    
Cash proceeds from sale of Lynn Lake royalty, net of transaction costs (Note 8) 0 6,593
Mining property | Fekola    
Investing activities    
Fekola Mine, including sales proceeds net of pre-production costs (68,520) (153,431)
Mining property | Otjikoto    
Investing activities    
Expenditures on mining interests, development and sustaining capital (50,831) (41,172)
Mining property | Masbate    
Investing activities    
Expenditures on mining interests, development and sustaining capital (47,905) (52,587)
Mining property | Libertad    
Investing activities    
Expenditures on mining interests, development and sustaining capital (16,143) (23,806)
Mining property | Limon    
Investing activities    
Expenditures on mining interests, development and sustaining capital $ (22,008) $ (16,048)