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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Operating activities        
Net income (loss) $ 151,380 $ 143,625
Adjustments for:      
Depreciation, depletion, and amortization 91,736 112,590
Amortization of debt discount 490 475
Reclamation accretion expense 4,346 2,622
Deferred income taxes (90,599) (41,899)
Stock-based compensation 3,521 6,158
Equity (income) loss of affiliates 175 271
Unrealized loss (gain) on derivative instruments 360 (116)
Change in fair value of marketable securities (1,120) 3,799
Non-cash fair value adjustment on acquired inventories 10,736 7,503
Loss (gain) on sale of mineral properties, plant and equipment 1,050 1,341
Change in fair value of deferred consideration 2,025 0
Loss (gain) on foreign exchange 21,034 0
Net change in operating assets and liabilities   (111,824) (141,344)
#REF! 83,310 95,025
Investing activities    
Acquisitions, net [1] (119,925) (24,838)
Additions to mineral properties, plant and equipment (117,177) (51,492)
Purchases of marketable securities (2,484) (2,603)
Net proceeds from sale of marketable securities 7,845 12,830
Proceeds from repayment of note receivable 0 8,358
Net cash used in investing activities (231,741) (57,745)
Financing activities     
Repayment of debt, principal (35,336) (35,568)
Repurchase of common shares (45,305) (14,667)
Proceeds from exercise of stock options 208 2,628
Principal payments on finance leases (1,913) (8,203)
Non-controlling interest dividend 0 (30,773)
Dividends paid (28,788) (30,100)
Net cash used in financing activities (111,134) (116,683)
Effect of foreign exchange rate changes on cash and cash equivalents (16,738) 524
Net increase (decrease) in cash, cash equivalents, and restricted cash (276,303) (78,879)
Cash, cash equivalents, and restricted cash beginning of period 689,106 1,052,865
Cash, cash equivalents, and restricted cash end of period 412,803 973,986
Reconciliation of cash, cash equivalents, and restricted cash:    
Cash and cash equivalents 379,243 938,599
Restricted cash 33,560 35,387
Total cash, cash equivalents, and restricted cash $ 412,803 $ 973,986
[1] Acquisitions, net for the six months ended June 30, 2023 is comprised of $120.0 million cash paid in the acquisition of Hod Maden Project, net of cash and cash equivalents acquired. Acquisitions, net for the six months ended June 30, 2022 is comprised of $24.8 million cash paid in the acquisition of Taiga Gold Corp., net of $4.7 million of cash and cash equivalents acquired.