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Derivative financial instruments (Tables)
 12 Months Ended
Dec. 31, 2023
Derivative Financial Instruments [Abstract]  
Disclosure of financial assets
December 31, 2023December 31, 2022
Foreign currency collars$1,338 $— 
Euro forward contracts1,513 — 
Interest rate swaps458 — 
Foreign currency forward contracts6,229 — 
Total derivative assets$9,538 $— 

Classified as:December 31, 2023December 31, 2022
Current$2,502 $— 
Non-current7,036 — 
$9,538 $— 
Disclosure of financial liabilities
December 31, 2023December 31, 2022
Euro forward contracts$35 $— 
Gold collars3,026 — 
Gold commodity swaps2,966 — 
Copper commodity swaps1,032 — 
Interest rate swaps12,063 — 
Total derivative liabilities$19,122 $— 

Classified as:December 31, 2023December 31, 2022
Current$279 $— 
Non-current18,843 — 
$19,122 $— 
Disclosure of outstanding foreign currency collars
As at December 31, 2023, the Company's outstanding foreign currency collars were as follows:
2024
Canadian dollar collars
   Canadian dollar contracts US$108,000 
   Weighted average put strike price (USD:CDN)1.30
   Weighted average call strike price (USD:CDN)1.44
Euro collars
   Euro contracts€78,000 
   Weighted average put strike price (EUR:USD)1.14
   Weighted average call strike price (EUR:USD)1.03
Disclosure of movement of derivative assets (liabilities)
Year ended December 31,
20232022
Opening derivative asset (liability)$— $— 
Change in fair value1,346 — 
Settlements(8)— 
Closing derivative asset (liability)$1,338 $— 
The foreign currency forward contracts have not been designated as hedging instruments. Changes in the fair value of the foreign currency forward contracts will be recorded in other income (expense). Changes in the fair value of foreign currency forward contracts outstanding during the year ended December 31, 2023 were as follows:
Year ended December 31,
20232022
Opening derivative asset (liability)$— $— 
Change in fair value1,478 — 
Closing derivative asset (liability)$1,478 $— 
Changes in the fair value of gold collars outstanding during the year ended December 31, 2023 were as follows:
Year ended December 31,
20232022
Opening derivative asset (liability)$— $— 
Change in fair value(3,026)— 
Closing derivative asset (liability)$(3,026)$— 
Changes in the fair value of gold commodity swaps outstanding during the year ended December 31, 2023 were as follows:
Year ended December 31,
Gold commodity swaps20232022
Opening derivative asset (liability)$— $— 
Change in fair value(2,966)— 
Closing derivative asset (liability)$(2,966)$— 

Changes in the fair value of copper commodity swaps outstanding during the year ended December 31, 2023 were as follows:
Year ended December 31,
Copper commodity swaps20232022
Opening derivative asset (liability)$— $— 
Change in fair value(1,032)— 
Closing derivative asset (liability)$(1,032)$— 
Changes in the fair value of interest rate swaps outstanding during the year ended December 31, 2023 were as follows:
Year ended December 31,
20232022
Opening derivative asset (liability)$— $— 
Change in fair value(11,182)— 
Settlements(423)— 
Closing derivative asset (liability)$(11,605)$— 
Changes in the fair value of foreign currency forward contracts outstanding during the year ended December 31, 2023 were as follows:
Year ended December 31,
20232022
Opening derivative asset (liability)$— $— 
Change in fair value6,229 — 
Closing derivative asset (liability)$6,229 $— 
Disclosure of outstanding gold collars
As at December 31, 2023, the Company's outstanding gold collars were as follows:
20242025
Gold ounces 200,004 200,004 
Weighted average put strike price per ounceUS$1,800 US$1,900 
Weighted average call strike price per ounceUS$2,765 US$2,667