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Consolidated Statements of Cashflows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
OPERATING ACTIVITIES    
Net income for the year $ 23,796 $ 33,990
Items not involving cash    
Depletion and depreciation 46,003 44,774
Accretion expense 939 830
Income taxes 20,175 33,350
Interest expense 857 1,562
Interest income (1,838)  
Share based payments expense, net of cash settlements 4,567 (2,051)
Share of loss from associates 225 21
Unrealized foreign exchange loss 509 453
Investment gains, Lindero construction (11,024)  
Unrealized gain (loss) on derivatives 2,646 (4,974)
Write-downs and other 5,592 2,806
Total adjustments to reconcile profit (loss) 103,912 114,615
Trade and other receivables (14,309) 4,257
Prepaid expenses 1,621 (496)
Inventories (1,036) 1,792
Trade and other payables 3,021 (1,588)
Closure and reclamation payments (352) (682)
Cash provided by operating activities 92,857 117,898
Income taxes paid (31,521) (35,698)
Interest paid (824) (1,576)
Interest received 2,493 2,831
Net cash provided by operating activities 63,005 83,455
INVESTING ACTIVITIES    
Purchases of short term investments (45,145) (237,787)
Redemptions of short term investments 128,320 191,632
Investments in associates   (1,148)
Expenditures on Lindero construction (189,653) (59,535)
Capitalized interest on Lindero construction (6,005) (1,573)
Additions to mineral properties, plant and equipment (28,473) (36,788)
Contractor advances on Lindero construction and other expenditures (19,743) (48,191)
Advances applied to Lindero construction and other expenditures (50,650) (5,112)
Proceeds from sale of assets 229 13
Additions to long-term receivables (35,394) (16,788)
Cash used in investing activities (145,214) (205,053)
FINANCING ACTIVITIES    
Transaction costs on debt modification   (1,338)
Transaction costs on convertible debenture (note 17(b) (2,490)  
Proceeds from credit facility (note 17(a) 40,000 30,000
Proceeds from convertible debenture (note 17(b) 46,000  
Proceeds from issuance of common shares   959
Payments of lease obligations (8,385) (907)
Cash provided by financing activities 75,125 28,714
Effect of exchange rate changes on cash and cash equivalents (15) 313
Decrease in cash and cash equivalents during the period (7,099) (92,571)
Cash and cash equivalents, beginning of the year 90,503 183,074
Cash and cash equivalents, end of the year 83,404 90,503
Lindero Reporting Segment [member]    
Items not involving cash    
Unrealized foreign exchange loss, Lindero construction (note 12) $ 11,465 $ 3,854