19. Closure and Reclamation Provisions

The following table summarizes the changes in closure and reclamation provisions:


	Closure and Reclamation Provisions
	Caylloma Mine		San Jose Mine		Lindero Mine		Total
Balance at December 31, 2019	$	11,324	$	4,848	$	14,953	$	31,125
Changes in estimate		3,288		1,328		4,482		9,098
Reclamation expenditures		(114)		(227)		-		(341)
Accretion		256		249		249		754
Effect of changes in foreign exchange rates		7		(293)		-		(286)
Balance at December 31, 2020		14,761		5,905		19,684		40,350
Less: Current portion		(142)		(238)		-		(380)
Non-current portion	$	14,619	$	5,667	$	19,684	$	39,970

	Closure and Reclamation Provisions
	Caylloma Mine		San Jose Mine		Lindero Mine		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 represent the present value of reclamation costs related to mine and development sites. For the year ended December 31, 2020, the Company updated the reclamation and closure plan of its Caylloma mine which includes a $3,179 increase related to additional tailings reclamation.


	Closure and Reclamation Provisions
	Caylloma Mine		San Jose Mine		Lindero Mine		Total
Anticipated settlement date		2021 - 2032		2025 - 2037		2029 - 2042
Undiscounted uninflated estimated cash flow	$	14,899	$	6,864	$	17,946	$	39,709
Estimated life of mine (years)		7		5		13
Discount rate		2.25%		5.25%		1.45%
Inflation rate		2.00%		3.52%		2.06%

The Company is expecting to incur annual reclamation expenses throughout the life of its mines.