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CONSOLIDATED STATEMENTS OF CASH FLOW - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
OPERATING ACTIVITIES    
Loss from continuing operations [1] $ (73.5) $ (1,085.6)
Adjustments for:    
Asset impairment 0.0 1,054.8
Foreign exchange loss (gain) 3.3 (6.6)
Reclamation and closure costs paid (8.8) (1.2)
Depreciation and depletion 241.7 241.2
Other non-cash adjustments 17.5 9.0
Income tax recovery 0.4 10.4
Finance income (2.2) (1.5)
Finance costs 62.6 69.0
Cash flows from (used in) operations before changes in working capital 240.2 268.7
Change in non-cash operating working capital 25.9 (71.6)
Income taxes paid (2.6) (4.1)
Operating cash flows generated from continuing operations [2] 263.5 193.0
Operating cash flows generated from discontinued operations 0.0 52.1
Cash generated from operations 263.5 245.1
INVESTING ACTIVITIES    
Mining interests (253.3) (213.9)
Proceeds from the sale of other assets 2.7 1.1
Proceeds from sale of Mesquite, net of transaction costs and other adjustments 12.4 149.8
Proceeds from the sale of Peak Mines, net of transaction costs 0.0 42.4
Government grant received 2.0 0.0
Interest received 2.2 1.2
Investing cash flows used by continuing operations [2] (234.0) (19.4)
Investing cash flows used by discontinued operations 0.0 (12.8)
Cash used by investing activities (234.0) (32.2)
FINANCING ACTIVITIES    
Proceeds received from issuance of common shares 106.7 0.0
Drawdown of Credit Facility 30.0 0.0
Lease payments (13.0) (4.0)
Repayment of long-term debt (100.0) (230.0)
Cash settlement of gold stream obligation (19.8) (14.9)
Financing initiation costs 0.0 (0.6)
Interest paid (54.1) (63.2)
Cash used by financing activities (50.2) (312.7)
Effect of exchange rate changes on cash and cash equivalents 0.4 (0.5)
Cash and cash equivalents sold or classified as held-for-sale 0.0 (12.2)
Change in cash and cash equivalents (20.3) (112.5)
Cash and cash equivalents, beginning of period 103.7 216.2
Cash and cash equivalents, end of period 83.4 103.7
Cash and cash equivalents are comprised of:    
Cash 66.0 64.3
Short-term money market instruments 17.5 39.4
Cash and cash equivalents, end of period $ 83.4 $ 103.7
[1] In the prior year period, Peak Mines and Mesquite were classified as discontinued operations and accordingly earnings and cash flows from continuing operations are presented exclusive of Peak Mines and Mesquite. Peak Mines was sold in April 2018 and Mesquite was sold in October 2018. Refer to Note 16 for further details.
[2] In the prior year period, Peak Mines and Mesquite were classified as discontinued operations and accordingly earnings and cash flows from continuing operations are presented exclusive of Peak Mines and Mesquite. Peak Mines was sold in April 2018 and Mesquite was sold in October 2018. Refer to Note 16 for further details.