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Closure and Reclamation Provisions (Tables)
12 Months Ended
Dec. 31, 2019
Closure and Reclamation Provisions [abstract]  
Schedule of Reclamation and Closure Provisions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Closure and Reclamation Provisions

 

    

Caylloma
Mine

    

San Jose
Mine

    

Lindero
Project

    

Total

Balance at December 31, 2018

 

$

10,800

 

$

3,716

 

$

1,427

 

$

15,943

Changes in estimate

 

 

394

 

 

886

 

 

13,390

 

 

14,670

Reclamation expenditures

 

 

(201)

 

 

(150)

 

 

 -

 

 

(351)

Accretion

 

 

331

 

 

259

 

 

136

 

 

726

Effect of changes in foreign exchange rates

 

 

 -

 

 

137

 

 

 -

 

 

137

Balance at December 31, 2019

 

 

11,324

 

 

4,848

 

 

14,953

 

 

31,125

Less:  Current portion

 

 

3,048

 

 

209

 

 

 -

 

 

3,257

Non-current portion

 

$

8,276

 

$

4,639

 

$

14,953

 

$

27,868

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Closure and Reclamation Provisions

 

 

Caylloma
Mine

    

San Jose
Mine

    

Lindero
Project

    

Total

Balance at December 31, 2017

 

$

9,624

 

$

4,100

 

$

509

 

$

14,233

Changes in estimate

 

 

1,266

 

 

(624)

 

 

896

 

 

1,538

Reclamation expenditures

 

 

(559)

 

 

(123)

 

 

 -

 

 

(682)

Accretion

 

 

469

 

 

361

 

 

22

 

 

852

Effect of changes in foreign exchange rates

 

 

 -

 

 

2

 

 

 -

 

 

2

Balance at December 31, 2018

 

 

10,800

 

 

3,716

 

 

1,427

 

 

15,943

Less:  Current portion

 

 

682

 

 

159

 

 

 -

 

 

841

Non-current portion

 

$

$
10,118

 

$

$
3,557

 

$

$
1,427

 

$

$
15,102

 

Schedule of Estimates Used in Reclamation and Closure Provisions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Closure and Reclamation Provisions

 

 

Caylloma
Mine

 

San Jose
Mine

 

Lindero
Project

 

Total

Anticipated settlement date

 

 

2022 - 2027

 

 

2025 - 2037

 

 

2029 - 2042

 

 

 

Undiscounted uninflated estimated cash flow

 

$

11,095

 

$

4,850

 

$

17,420

 

$

33,365

Estimated life of mine (years)

 

 

10

 

 

 6

 

 

14

 

 

 

Discount rate

 

 

3.00%

 

 

6.88%

 

 

1.94%

 

 

 

Inflation rate

 

 

2.00%

 

 

3.58%

 

 

2.00%