XML 55 R48.htm IDEA: XBRL DOCUMENT
v3.8.0.1

DISCONTINUED OPERATIONS (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2017
Disclosure Of DISCONTINUED OPERATIONS [Abstract] |
Disclosure of detailed information about profit loss on discontinued operations [text block] | The net (loss) earnings from Peak Mines for the year ended December 31, 2017 are as follows:
| Year ended December 31
(in millions of U.S. dollars, except per share amounts) | 2017 | 2016
Revenues | 170.5 | 161.0
Operating expenses | 94.4 | 90.3
Depreciation and depletion(1) | 24.6 | 70.3
Revenue less cost of goods sold | 51.5 | 0.4
Exploration and business development | 4.8 | 6.0
Earnings (loss) from operations | 46.7 | (5.6)
Finance costs | (0.8) | (0.6)
Other (losses) gains | (2.9) | 3.9
Impairment loss on held-for-sale assets | (49.0) | -
Loss before taxes | (6.0) | (2.3)
Income tax (expense) recovery | (0.3) | 3.9
(Loss) earnings from discontinued operations | (6.3) | 1.6
| 1. | Depreciation and depletion relates to Peak Mines prior to reclassification as a discontinued operation.
Disclosure of detailed information about assets and liabilities of disposal group [Text Block] | The major classes of assets and liabilities of Peak Mines are as follows:
| As at De cember 31
(in millions of U.S. dollars) | 2017
Assets |
Trade and other receivables | 3.4
Inventories | 10.0
Current income tax receivable | -
Prepaid expenses and other | 1.1
Mining interests | 85.3
Deferred tax assets | 9.2
Total assets held for sale | 109.0
Liabilities |
Trade and other payables | 16.9
Current income tax payable | 7.7
Reclamation and closure cost obligations | 18.0
Provisions | 9.1
Deferred tax liabilities | 11.1
Total liabilities held for sale | 62.8
Net assets held for sale | 46.2
Disclosure of detailed information about cash flows of discontinued operations and prior period comparatives [Text Block] | The following table provides details of the cash flow from operating and investing activities of Peak Mines for the year ended December 31, 2017 and prior-year comparative periods:
| Year ended December 31
(in millions of U.S. dollars) | 2017 | 2016
Operating activities |  |
Earnings from discontinued operations | (6.3) | 1.6
Adjustments for: |  |
Reversal of inventory write-down | (0.4) | -
Foreign exchange losses (gains) | (2.1) | 0.3
Reclamation and closure costs paid | (0.1) | (0.1)
Depreciation and depletion | 24.6 | 70.3
Other non-cash adjustments | 5.1 | (3.9)
Income tax (recovery) expense | 0.3 | (3.9)
Finance costs | 0.8 | 0.6
Impairment loss on held-for-sale assets | 49.0 | -
| 70.9 | 64.9
Change in non-cash operating working capital | 2.1 | 0.7
Income taxes paid | (5.8) | (8.4)
Cash generated from operations | 67.2 | 57.2
Investing activities |  |
Mining interests | (34.7) | (11.1)
Proceeds from the sale of assets | 0.1 | 0.7
Cash used by investing activities | (34.6) | (10.4)
Change in cash and cash equivalents | 32.6 | 46.8

X
- Definition Disclosure of detailed information about assets and liabilities of disposal group. + References No definition available. + Details
Name: | ngd_DisclosureOfDetailedInformationAboutAssetsAndLiablilitiesOfDisposalGroupTextBlock
Namespace Prefix: | ngd_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition he disclosure of detailed information about cash flows of discontinued operations and prior period comparatives. + References No definition available. + Details
Name: | ngd_DisclosureOfDetailedInformationAboutCashFlowsOfDiscontinuedOperationsAndPriorPeriodComparativesTextBlock
Namespace Prefix: | ngd_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of detailed information about profit loss on discontinued operations. + References No definition available. + Details
Name: | ngd_DisclosureOfDetailedInformationAboutProfitLossOnDiscontinuedoperationsTextBlock
Namespace Prefix: | ngd_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | ngd_DisclosureOfDiscontinuedOperationsAbstract
Namespace Prefix: | ngd_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration