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Financial risk management (Tables)
 12 Months Ended
Dec. 31, 2020
FINANCIAL RISK MANAGEMENT  
Schedule of maximum exposure to credit risk
The Company’s maximum exposure to credit risk is as follows:

Year ended
December 31
(in millions of U.S. dollars)20202019
CREDIT RISK EXPOSURE


Cash and cash equivalents186.3 83.4 
Trade and other receivables77.1 23.7 
Total financial instrument exposure to credit risk263.4 107.1 
Schedule of aging of trade and other receivables
The aging of trade and other receivables is as follows:
    As at December 31
(in millions of U.S. dollars)0-30
days		31-60
days		61-90
days		91-120
days		Over 120
days		2020 Total2019 Total
AGING TRADE AND OTHER RECEIVABLES     
Rainy River9.5 — — — 0.9 10.4 5.5 
New Afton5.2 1.3 — 2.9 — 9.4 6.3 
Cerro San Pedro0.4 0.1 0.1 0.1 1.6 2.3 1.4 
Corporate(1)
15.7 — — — 39.3 55.0 10.2 
Other— — — — — — 0.3 
Total trade and other receivables30.8 1.4 0.1 3.0 41.8 77.1 23.7 
1.Corporate over 120 days includes proceeds receivable from the sale of Blackwater
Schedule of contractual maturities of debt commitments
The following table shows the contractual maturities of debt commitments.  The amounts presented represent the future undiscounted principal and interest cash flows, and therefore, do not equate to the carrying amounts on the consolidated statements of financial position.

As at December 31
(in millions of U.S. dollars)< 1 year1-3 years4-5 yearsAfter
5 years		2020 Total2019 Total
DEBT COMMITMENTS      
Trade and other payables109.2 — — — 109.2 150.0 
Long-term debt— — 100.0 400.0 500.0 730.3 
Interest payable on long-term debt36.4 72.8 69.6 60.0 238.8 174.7 
New Afton free cash flow interest obligation 4.6 36.998.9401.5541.8 — 
Gold stream obligation32.267.163.855.9219.0 192.7
Total debt commitments182.4 176.8 332.3 917.4 1,608.8 1,247.7 
Schedule of currencies of financial instruments and other foreign currency denominated liabilities
The currencies of the Company’s financial instruments and other foreign currency denominated liabilities, based on notional amounts, were as follows:
As at December 31, 2020
(in millions of U.S. dollars)CADMXN
EXPOSURE TO CURRENCY RISK  
Cash and cash equivalents34.6 0.1 
Trade and other receivables53.5 1.6 
Income tax (payable) receivable(0.7)4.1 
Trade and other payables(80.1)(6.5)
Deferred tax liability(53.5)— 
Reclamation and closure cost obligations(113.3)(0.3)
Share units(10.9)— 
Total exposure to currency risk(170.4)(1.0)
As at December 31, 2019
(in millions of U.S. dollars)CADMXN
EXPOSURE TO CURRENCY RISK  
Cash and cash equivalents11.0 0.3 
Trade and other receivables7.0 0.9 
Income tax receivable(0.3)4.6 
Trade and other payables(86.8)(13.5)
Deferred tax liability(48.3)— 
Reclamation and closure cost obligations(93.3)(1.4)
Performance share units and restricted share units(1.9)— 
Total exposure to currency risk(212.6)(9.1)
Schedule of changes in foreign exchange rates A 10% strengthening (weakening) of the U.S. dollar against the following currencies would have decreased (increased) the Company’s net loss from the financial instruments presented by the amounts shown below.
As at Year ended December 31
(in millions of U.S. dollars)20202019
IMPACT OF 10% CHANGE IN FOREIGN EXCHANGE RATES  
Canadian dollar17.0 21.3 
Mexican peso0.1 0.9 
Schedule of change in commodity prices A 10% change in commodity prices and fuel and electricity prices would impact the Company’s net loss as follows:
 Year ended December 31, 2020Year ended December 31, 2019
(in millions of U.S. dollars) 
Net
Loss		Net
Loss
IMPACT OF 10% CHANGE IN COMMODITY PRICES  
Gold price21.9 19.0 
Copper price19.5 20.7 
Fuel and electricity price3.9 7.0