XML 50 R3.htm IDEA: XBRL DOCUMENT v3.21.1
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