XML 98 R51.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Share-based payments (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2017
Text block1 [abstract] |
Summary of Movements in Number of Share Options Outstanding and Weighted Average Exercise Prices | Movements in the number of share options outstanding and their related weighted average exercise prices are as follows:
|  | 2017 |  |  | 2016 |
|  | Weighted average exercise price Cdn$ |  |  | Number of options |  |  | Weighted average exercise price Cdn$ |  |  | Number of options |
At January 1, |  |  | 7.55 |  |  |  | 28,896,035 |  |  |  | 9.97 |  |  |  | 25,519,434 |
Regular options granted |  |  | 4.43 |  |  |  | 5,804,535 |  |  |  | 3.24 |  |  |  | 9,101,164 |
Exercised |  |  | 3.22 |  |  |  | (242,648) |  |  |  | - |  |  |  | - |
Forfeited |  |  | 13.44 |  |  |  | (4,735,349) |  |  |  | 11.49 |  |  |  | (5,724,563) |
At December 31, |  |  | 6.04 |  |  |  | 29,722,573 |  |  |  | 7.55 |  |  |  | 28,896,035 |
Summary of Range of Exercise Prices of Outstanding Share Options | At December 31, 2017, 18,583,426 share purchase options (December 31, 2016 – 18,164,617) with a weighted average exercise price of Cdn$7.34 (December 31, 2016 – Cdn$9.64) had vested and were exercisable. Options outstanding are as follows:
|  |  | December 31, 2017 |
|  |  | Total options outstanding |  |  | Exercisable options |
Range of exercise price Cdn$ |  |  | Shares |  |  | Weighted average remaining contractual life (years) |  |  | Weighted average exercise price Cdn$ |  |  | Shares |  |  | Weighted average exercise price Cdn$ |
| $3.00 to $3.99 |  |  |  | 7,835,899 |  |  |  | 3.1 |  |  |  | 3.23 |  |  |  | 2,514,519 |  |  |  | 3.25 |
| $4.00 to $4.99 |  |  |  | 5,842,935 |  |  |  | 4.1 |  |  |  | 4.43 |  |  |  | 33,333 |  |  |  | 4.23 |
| $5.00 to $5.99 |  |  |  | 12,247 |  |  |  | 3.4 |  |  |  | 5.91 |  |  |  | 4,082 |  |  |  | 5.91 |
| $6.00 to $6.99 |  |  |  | 6,916,166 |  |  |  | 2.1 |  |  |  | 6.66 |  |  |  | 6,916,166 |  |  |  | 6.66 |
| $7.00 to $7.99 |  |  |  | 4,903,752 |  |  |  | 1.1 |  |  |  | 7.81 |  |  |  | 4,903,752 |  |  |  | 7.81 |
| $8.00 to $8.99 |  |  |  | 45,405 |  |  |  | 0.3 |  |  |  | 8.19 |  |  |  | 45,405 |  |  |  | 8.19 |
| $10.00 to $10.99 |  |  |  | 4,166,169 |  |  |  | 0.2 |  |  |  | 10.42 |  |  |  | 4,166,169 |  |  |  | 10.42 |
|  |  |  |  | 29,722,573 |  |  |  | 2.3 |  |  |  | 6.04 |  |  |  | 18,583,426 |  |  |  | 7.34 |
Summary of Assumptions Used to Estimate the Fair Value of Options Granted | The assumptions used to estimate the fair value of options granted during the years ended December 31, 2017 and 2016 were:
|  | 2017 |  |  | 2016 |
Risk-free interest rate (range) (%) |  |  | 0.70 – 1.05 |  |  |  | 0.43 |
Expected volatility (range) (%) |  |  | 60 – 65 |  |  |  | 55 – 63 |
Expected life (range) (years) |  |  | 1.80 – 3.80 |  |  |  | 1.82 – 3.82 |
Expected dividends (CDN$) |  |  | 0.02 |  |  |  | 0.02 |
Forfeiture rate (%) |  |  | 11.0 |  |  |  | 11.0 |
Summary of Movements in Number of Share Options Outstanding | A summary of the status of the RSU plan and changes during the year is as follows:
|  | 2017 |  |  | 2016 |  |  |
At January 1, |  |  | 1,240,174 |  |  |  | 884,846 |  |  |
Granted |  |  | 936,832 |  |  |  | 784,203 |  |  |
Redeemed |  |  | (349,842) |  |  |  | (335,339) |  |  |
Forfeited |  |  | (121,068) |  |  |  | (93,536) |  |  |
At December 31, |  |  | 1,706,096 |  |  |  | 1,240,174 |  |  |

X
- Definition The disclosure of number of share options. + References No definition available. + Details
Name: | ego_DisclosureOfNumberOfShareOptionsExplanatory
Namespace Prefix: | ego_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Text block1 [abstract] + References No definition available. + Details
Name: | ego_TextBlock1Abstract
Namespace Prefix: | ego_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of information about indirect, by reference to the fair value of the equity instruments granted, measurement of the fair value of goods or services received as consideration for the entity's share options. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 2 -IssueDate 2017-01-01 -Paragraph 47 -Subparagraph a -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=2&date=2017-03-01&anchor=para_47_a&doctype=Standard -URIDate 2017-03-09 + Details
Name: | ifrs-full_DisclosureOfIndirectMeasurementOfFairValueOfGoodsOrServicesReceivedShareOptionsGrantedDuringPeriodExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of the number and weighted average exercise prices of share options. [Refer: Weighted average [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 2 -IssueDate 2017-01-01 -Paragraph 45 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=2&date=2017-03-01&anchor=para_45_b&doctype=Standard -URIDate 2017-03-09 + Details
Name: | ifrs-full_DisclosureOfNumberAndWeightedAverageExercisePricesOfShareOptionsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of the range of exercise prices for outstanding share options. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 2 -IssueDate 2017-01-01 -Paragraph 45 -Subparagraph d -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=2&date=2017-03-01&anchor=para_45_d&doctype=Standard -URIDate 2017-03-09 + Details
Name: | ifrs-full_DisclosureOfRangeOfExercisePricesOfOutstandingShareOptionsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration