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Consolidated Statements of Operations - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2020 | Dec. 31, 2019
Revenue |  |
Metal sales | $ 1,026,685 | $ 617,823
Cost of sales |  |
Production costs | 445,183 | 334,839
Depreciation and amortization | 246,651 | 153,118
Cost of sales | 691,834 | 487,957
Earnings (loss) from mine operations | 334,851 | 129,866
Exploration and evaluation expenses | 12,693 | 14,643
Mine standby costs | 15,675 | 17,334
General and administrative expenses | 28,561 | 29,180
Employee benefit plan expense | 2,849 | 2,717
Share-based payments expense | 10,692 | 10,396
Reversal of impairment | 0 | (96,914)
Write-down of assets | 38,660 | 6,298
Foreign exchange gain | (2,994) | (625)
Earnings from operations | 228,715 | 146,837
Other (expense) income | (1,277) | 11,885
Finance costs | (50,943) | (45,266)
Earnings before income tax | 176,495 | 113,456
Income tax expense | 79,134 | 39,771
Net earnings for the year | 97,361 | 73,685
Attributable to: |  |
Shareholders of the Company | 104,541 | 80,586
Non-controlling interests | (7,180) | (6,901)
Net earnings for the year | $ 97,361 | $ 73,685
Weighted average number of shares outstanding (thousands) |  |
Basic (in shares) | 171,047,400 | 158,855,924
Diluted (in shares) | 175,230,880 | 161,538,636
Net earnings per share attributable to shareholders of the Company: |  |
Basic earnings per share (in dollars per share) | $ 0.61 | $ 0.51
Diluted earnings per share (in dollars per share) | $ 0.60 | $ 0.50

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- Definition The number of ordinary shares outstanding at the beginning of the period, adjusted by the number of ordinary shares bought back or issued during the period multiplied by a time-weighting factor. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 33 -IssueDate 2020-01-01 -Paragraph 70 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=33&code=ifrs-tx-2020-en-r&anchor=para_70_b&doctype=Standard -URIDate 2020-01-01 + Details
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