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CONSOLIDATED INCOME STATEMENTS - USD ($) shares in Millions, $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2021 | Dec. 31, 2020
Profit or loss [abstract] |  |
Revenues | $ 745.5 | $ 643.4
Operating expenses | 377.3 | 339.9
Depreciation and depletion | 195.7 | 193.1
Revenue less cost of goods sold | 172.5 | 110.4
Corporate administration | 21.8 | 15.6
Share-based payment expenses | 2.2 | 7.6
Exploration and business development | 11.2 | 5.8
Income from operations | 137.3 | 81.4
Finance income | 0.3 | 1.1
Finance costs | (34.8) | (79.2)
Other gains (losses) | 57.5 | (78.3)
Income (loss) before taxes | 160.3 | (75.0)
Income tax expense | (19.7) | (4.3)
Net earnings (loss) | $ 140.6 | $ (79.3)
Earnings (loss) per share |  |
Basic (in dollars per share) | $ 0.21 | $ (0.12)
Diluted (in dollars per share) | $ 0.21 | $ (0.12)
Weighted average number of shares outstanding (in millions) |  |
Basic (in shares) | 680.8 | 676.3
Diluted (in shares) | 682.4 | 676.3

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- Definition The weighted average number of ordinary shares outstanding plus the weighted average number of ordinary shares that would be issued on the conversion of all the dilutive potential ordinary shares into ordinary shares. [Refer: Ordinary shares [member]; Weighted average [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 33 -IssueDate 2021-01-01 -Paragraph 70 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=33&code=ifrs-tx-2021-en-r&anchor=para_70_b&doctype=Standard -URIDate 2021-03-24 + Details
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- Definition The amount of profit (loss) attributable to ordinary equity holders of the parent entity (the numerator) divided by the weighted average number of ordinary shares outstanding during the period (the denominator). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 33 -IssueDate 2021-01-01 -Paragraph 66 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=33&code=ifrs-tx-2021-en-r&anchor=para_66&doctype=Standard -URIDate 2021-03-24 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 33 -IssueDate 2021-01-01 -Paragraph 67 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=33&code=ifrs-tx-2021-en-r&anchor=para_67&doctype=Standard -URIDate 2021-03-24 + Details
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