XML 161 R49.htm IDEA: XBRL DOCUMENT
v3.22.1

Segmented information (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Disclosure of operating segments [abstract] |
Schedule of operating segments | The results from operations for these reportable operating segments are summarized in the following tables:
Year ended December 31, 2021
(in millions of U.S. dollars) | Rainy River | New Afton | Corporate |  | Total
OPERATING SEGMENT RESULTS |  |  |  |  |
Gold revenues | 410.9 |  | 81.7 |  | — |  |  | 492.6 |
Copper revenues | — |  | 232.7 |  | — |  |  | 232.7 |
Silver revenues | 15.0 |  | 5.2 |  | — |  |  | 20.2 |
Total revenues(1) | 425.9 |  | 319.6 |  | — |  |  | 745.5 |
Operating expenses | 226.5 |  | 150.8 |  | — |  |  | 377.3 |
Depreciation and depletion | 148.0 |  | 47.7 |  | — |  |  | 195.7 |
Revenue less cost of goods sold | 51.4 |  | 121.1 |  | — |  |  | 172.5 |
Corporate administration | — |  | — |  | 21.8 |  |  | 21.8 |
Share-based payment expenses | — |  | — |  | 2.2 |  |  | 2.2 |
Exploration and business development | 1.7 |  | 8.7 |  | 0.8 |  |  | 11.2 |
Income (loss) from operations | 49.7 |  | 112.4 |  | (24.8) |  |  | 137.3 |
1.Segmented revenue reported above represents revenue generated from external customers. There were no inter-segment sales in the year ended December 31, 2021.
Year ended December 31, 2020
(in millions of U.S. dollars) | Rainy River | New Afton | Corporate |  | Total
OPERATING SEGMENT RESULTS |  |  |  |  |
Gold revenues | 360.7 |  | 88.6 |  | — |  |  | 449.3 |
Copper revenues | — |  | 180.9 |  | — |  |  | 180.9 |
Silver revenues | 8.0 |  | 5.2 |  | — |  |  | 13.2 |
Total revenues(1) | 368.7 |  | 274.7 |  | — |  |  | 643.4 |
Operating expenses | 213.2 |  | 126.7 |  | — |  |  | 339.9 |
Depreciation and depletion | 141.3 |  | 51.8 |  | — |  |  | 193.1 |
Revenue less cost of goods sold | 14.2 |  | 96.2 |  | — |  |  | 110.4 |
Corporate administration | — |  | — |  | 15.6 |  |  | 15.6 |
Share-based payment expenses | — |  | — |  | 7.6 |  |  | 7.6 |
Exploration and business development | 1.0 |  | 4.5 |  | 0.3 |  |  | 5.8 |
Income (loss) from operations | 13.2 |  | 91.7 |  | (23.5) |  |  | 81.4 |
1.Segmented revenue reported above represents revenue generated from external customers. There were no inter-segment sales in the year ended December 31,2020.
Schedule of segmented assets and liabilities | The following table presents the segmented assets and liabilities:
|  | Total assets |  | Total liabilities | Capital expenditures(1)
| As at December 31 | As at December 31 | As at December 31 | As at December 31 | Year ended December 31
(in millions of U.S. dollars) | 2021 | 2020 | 2021 | 2020 | 2021 | 2020
SEGMENTED ASSETS AND LIABILITIES |  |  |  |  |  |
Rainy River | 1,077.1 |  | 1,090.2 |  | 371.5 |  | 374.8 |  | 102.9 |  | 140.8 |
New Afton | 901.7 |  | 749.7 |  | 624.8 |  | 551.5 |  | 144.3 |  | 134.1 |
Other(2) | 498.0 |  | 410.2 |  | 524.6 |  | 534.5 |  | 0.1 |  | 9.3 |
Total segmented assets, liabilities and capital expenditures | 2,476.8 |  | 2,250.1 |  | 1,520.9 |  | 1,460.8 |  | 247.3 |  | 284.2 |
1.Capital expenditures per consolidated statement of cash flows. 2.Other includes corporate balance, exploration properties, and Cerro San Pedro.
Schedule of Information about major customers | The following table presents sales to individual customers exceeding 10% of annual sales for the following periods. The following five customers represent 99.4% (2020 – five customers representing 91.4%) of the Company’s sales revenue for the year ended December 31, 2021.
|  | Year ended December 31
(in millions of U.S. dollars) |  | 2021
CUSTOMER | REPORTING SEGMENT |
1 | New Afton | 178.6 |
2 | Rainy River | 174.2 |
3 | Rainy River | 144.0 |
4 | New Afton | 138.8 |
5 | Rainy River | 105.6 |
Total sales to customers exceeding 10% of annual sales | 741.2 |
| Year ended December 31
(in millions of U.S. dollars) |  | 2020
CUSTOMER | REPORTING SEGMENT |
1 | New Afton | 154.2 |
2 | Rainy River | 139.0 |
3 | Rainy River | 133.2 |
4 | New Afton | 93.7 |
5 | Rainy River | 67.8 |
Total sales to customers exceeding 10% of annual sales | 587.9 |

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

X
- Definition The disclosure of operating segments. [Refer: Operating segments [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 8 -IssueDate 2021-01-01 -Paragraph 23 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2021-en-r&anchor=para_23&doctype=Standard -URIDate 2021-03-24 + Details
Name: | ifrs-full_DisclosureOfOperatingSegmentsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of major customers. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 8 -IssueDate 2021-01-01 -Paragraph 34 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2021-en-r&anchor=para_34&doctype=Standard -URIDate 2021-03-24 + Details
Name: | ifrs-full_DisclosureOfSegmentsMajorCustomersExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of detailed information about segmented assets and liabilities. + References No definition available. + Details
Name: | ngd_DisclosureOfDetailedInformationAboutSegmentedAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | ngd_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration