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Condensed Interim Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Operating activities        
Net (loss) earnings $ (111,437) $ 16,034 $ (94,013) $ 32,568
Adjustments for the following items:        
Depletion 17,156 15,740 34,876 31,668
Non-cash cost of sales related to prepaid gold interests 2,463 4,921 4,636 10,481
Amortization 85 93 175 184
Impairments charges and expected credit losses 141,771 0 148,034 0
Loss on disposition of mineral interests 0 1,000 0 1,000
Increase in fair value of prepaid gold interests (3,408) (423) (5,512) (2,768)
Decrease in fair value of investments 1,339 1,377 1,766 69
Stock-based compensation expense 368 941 1,054 1,788
Income tax expense 260 1,626 2,978 2,992
Finance and other costs, net 1,326 1,923 2,583 3,839
Operating cash flow before working capital and taxes 49,923 43,232 96,577 81,821
Income taxes paid (2,992) (1,857) (4,877) (3,083)
Change in working capital 2,426 (500) (3,468) 1,006
Operating cash flow 49,357 40,875 88,232 79,744
Investing activities        
Acquisition of mineral interests (2,228) (17,593) (3,664) (163,597)
Proceeds on disposition of mineral interests 366 1,700 366 1,700
Proceeds on sale of investments 2,847 0 2,847 0
Acquisition of loans (7,754) (8,833) (14,639) (17,333)
Acquisition of prepaid gold interests and investments 0 0 (6,330) (741)
Net cash used in investing activities (6,769) (24,726) (21,420) (179,971)
Financing activities        
Proceeds from issuance of debt 0 5,000 10,000 115,000
Repayments of debt (40,000) (20,000) (47,000) (50,000)
Proceeds from exercise of stock options 1,014 16,398 1,384 17,203
Normal course issuer bid ("NCIB") purchase of common shares 0 (10,505) (3,582) (13,075)
Dividends paid (10,569) (10,100) (21,125) (20,142)
Repayments and interest on lease obligation (147) (139) (228) (223)
Payments of interest and other financing costs (1,186) (2,096) (2,599) (3,217)
Net cash (used in) from financing activities (50,888) (21,442) (63,150) 45,546
Effect of exchange rate changes on cash and cash equivalents 2 19 22 21
(Decrease)/increase in cash and cash equivalents during the quarter (8,298) (5,274) 3,684 (54,660)
Cash and cash equivalents at beginning of the quarter 29,361 21,712 17,379 71,098
Cash and cash equivalents at end of the quarter $ 21,063 $ 16,438 $ 21,063 $ 16,438