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Condensed Interim Consolidated Statements of Income (Loss) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Financial Statement        
Revenue $ 63,581 $ 52,591 $ 121,109 $ 102,860
Cost of sales        
Cost of sales excluding depletion (7,521) (9,904) (14,070) (21,372)
Depletion (17,156) (15,740) (34,876) (31,668)
Gross profit 38,904 26,947 72,163 49,820
General administration costs (6,507) (5,184) (11,985) (10,856)
Business development costs (1,354) (782) (2,188) (2,355)
Impairment charges and expected credit losses (141,771) 0 (148,034) 0
Operating (loss) income (110,728) 20,981 (90,044) 36,609
Loss on disposition of mineral interests 0 (1,000) 0 (1,000)
Increase in fair value of prepaid gold interest 3,408 423 5,512 2,768
Decrease in fair value of investments (1,339) (1,377) (1,766) (69)
Finance costs, net (1,379) (1,269) (2,673) (2,578)
Other expenses (994) 0 (1,766) 0
Sustainability initiatives (200) (104) (393) (222)
Foreign currency translation gain 55 6 95 52
Other income (expenses) (449) (3,321) (991) (1,049)
(Loss) earnings before income taxes (111,177) 17,660 (91,035) 35,560
Income tax expense (260) (1,626) (2,978) (2,992)
Net (loss) earnings $ (111,437) $ 16,034 $ (94,013) $ 32,568
(Loss) earnings per share - Basic (in dollars per share) $ (0.55) $ 0.08 $ (0.47) $ 0.17
(Loss) earnings per share - Diluted (in dollars per share) $ (0.55) $ 0.08 $ (0.47) $ 0.17