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Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2019
Significant Accounting Policies [abstract]  
Disclosure of subsidiaries

 

 

 

 

 

 

 

Name

    

Location

    

Ownership

    

Principal Activity

Minera Bateas S.A.C. ("Bateas")

 

Peru

 

100%

 

Caylloma Mine

Compania Minera Cuzcatlan S.A. de C.V. ("Cuzcatlan")

 

Mexico

 

100%

 

San Jose Mine

Mansfield Minera S.A. ("Mansfield")

 

Argentina

 

100%

 

Lindero Project

 

Schedule of useful life of property, plant and equipment

 

 

 

 

 

 

 

 

 

 

Land and buildings

    

  

    

  

Land

 

Not depreciated

 

  

Mineral properties

 

Units of production

 

Declining balance

Buildings, located at the mine

 

Units of production

 

Declining balance

Buildings, others (1)

 

6-10 years

 

Straight line

Leasehold improvements (1)

 

4-8 years

 

Straight line

Plant and equipment

 

  

 

  

Machinery and equipment (1)

 

3-12 years

 

Straight line

Furniture and other equipment (1)

 

2-12 years

 

Straight line

Transport units

 

4-5 years

 

Straight line

Capital work in progress

 

Not depreciated

 

  

 

(1)

The lesser of useful life or life of mine.

Schedule of Operating Lease Payments, by Assets

 

 

 

 

Operating lease obligations as at December 31, 2018

 

$

2,553

Leases with lease term of 12 months or less and low value assets

 

 

(825)

Embedded leases identified in existing service contracts

 

 

6,162

Effect of discounting at incremental borrowing rate

 

 

(574)

Lease liabilities recognized as at January 1, 2019

 

 

7,316

Lease liabilities from finance leases previously recorded in lease obligations

 

 

8,767

Total lease liabilities as at January 1, 2019

 

 

16,083

Less current portion

 

 

(6,120)

Non-current portion

 

$

9,963