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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Nov. 30, 2023
Nov. 30, 2022
Nov. 30, 2021
Operating activities:      
Net loss $ (46,803) $ (53,343) $ (40,536)
Adjustments:      
Equity loss – Donlin Gold 18,529 28,163 16,625
Interest expense on promissory note 13,063 7,962 5,922
Share-based compensation 8,731 8,214 8,235
Remediation expense 541 366 938
Foreign exchange (gain) loss 43 (595) 336
Accretion of notes receivable (579) (849) (2,556)
Change in fair value of marketable securities (269) (189) (418)
Gain on sale of mineral property (556) 0 (200)
Other operating adjustments 49 (44) 7
Net change in operating assets and liabilities (Note 17) 535 2,056 (1,784)
Net cash used in operating activities (7,786) (12,371) (9,863)
Investing activities:      
Proceeds from term deposits 148,000 148,000 141,578
Purchases of term deposits (166,000) (132,000) (158,799)
Funding of Donlin Gold (17,752) (28,435) (17,587)
Proceeds from notes receivable 25,000 0 75,000
Proceeds from sale of mineral property 556 0 200
Other (132) 73 0
Net cash provided from investing activities (10,328) (12,362) 40,392
Financing activities:      
Withholding tax on share-based compensation 0 (2,122) (731)
Net cash used in financing activities 0 (2,122) (731)
Effect of exchange rate changes on cash and cash equivalents (19) (387) 420
Net change in cash and cash equivalents (18,133) (27,242) 30,218
Cash and cash equivalents at beginning of year 63,882 91,124 60,906
Cash and cash equivalents at end of year $ 45,749 $ 63,882 $ 91,124