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Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2021

Fair Value Measurements [abstract]

Schedule of Fair Value of Financial Instruments

Carrying value

Fair value

December 31, 2021

Fair Value through OCI

Fair value
through
profit or loss

Amortized
cost

Total

Level 1

Level 2

Level 3

Carrying value
approximates
Fair Value

Financial assets measured at Fair Value

Investments in equity securities

$

496

$

-

$

-

$

496

$

496

$

-

$

-

$

-

Trade receivables concentrate sales

-

23,298

-

23,298

-

23,298

-

-

Fuel hedge contracts asset

-

1,619

-

1,619

-

1,619

-

-

$

496

$

24,917

$

-

$

25,413

$

496

$

24,917

$

-

$

-

Financial assets not measured at Fair Value

Cash and cash equivalents

$

-

$

-

$

107,097

$

107,097

$

-

$

-

$

-

$

107,097

Trade receivables doré sales

-

-

2,420

2,420

-

-

-

2,420

Other receivables

-

-

4,424

4,424

-

-

-

4,424

$

-

$

-

$

113,941

$

113,941

$

-

$

-

$

-

$

113,941

Financial liabilities measured at Fair Value

Interest rate swap liability

$

(78)

$

-

$

-

$

(78)

$

-

$

(78)

$

-

$

-

Metal forward sales contracts liability

-

(2,547)

-

(2,547)

-

(2,547)

-

-

Foreign exchange forward contracts liability

-

(508)

-

(508)

-

(508)

-

-

$

(78)

$

(3,055)

$

-

$

(3,133)

$

-

$

(3,133)

$

-

$

-

Financial liabilities not measured at Fair Value

Trade payables

$

-

$

-

$

(80,925)

$

(80,925)

$

-

$

-

$

-

$

(80,925)

Payroll payable

-

-

(23,311)

(23,311)

-

-

-

(23,311)

Credit facilities

-

-

(117,082)

(117,082)

-

(120,000)

-

-

Convertible debentures

-

-

(40,407)

(40,407)

-

(50,614)

-

-

Other payables

-

-

(44,427)

(44,427)

-

-

-

(44,427)

$

-

$

-

$

(306,152)

$

(306,152)

$

-

$

(170,614)

$

-

$

(148,663)


		Carrying value												Fair value
December 31, 2020		Fair Value through OCI			Fair value through profit or loss			Amortized cost			Total			Level 1			Level 2			Level 3			Carrying value approximates Fair Value
Financial assets measured at Fair Value
Investments in equity securities		$	1,059		$	-		$	-		$	1,059		$	1,059		$	-		$	-		$	-
Trade receivables concentrate sales			-			22,361			-			22,361			-			22,361			-			-
		$	1,059		$	22,361		$	-		$	23,420		$	1,059		$	22,361		$	-		$	-

Financial assets not measured at Fair Value
Cash and cash equivalents		$	-		$	-		$	131,898		$	131,898		$	-		$	-		$	-		$	131,898
Trade receivables doré sales			-			-			3,948			3,948			-			-			-			3,948
Other receivables			-			-			4,108			4,108			-			-			-			4,108
		$	-		$	-		$	139,954		$	139,954		$	-		$	-		$	-		$	139,954

Financial liabilities measured at Fair Value
Interest rate swap liability		$	(1,084)		$	-		$	-		$	(1,084)		$	-		$	(1,084)		$	-		$	-
Metal forward sales contracts liability			-			(124)			-			(124)			-			(124)			-			-
Fuel forward contracts liability			-			(52)			-			(52)			-			(52)			-			-
		$	(1,084)		$	(176)		$	-		$	(1,260)		$	-		$	(1,260)		$	-		$	-

Financial liabilities not measured at Fair Value
Trade payables		$	-		$	-		$	(26,140)		$	(26,140)		$	-		$	-		$	-		$	(26,140)
Payroll payable			-			-			(17,676)			(17,676)			-			-			-			(17,676)
Credit facilities			-			-			(119,850)			(119,850)			-			(120,000)			-			-
Convertible debentures			-			-			(38,766)			(38,766)			-			(78,315)			-			-
Other payables			-			-			(22,784)			(22,784)			-			-			-			(22,784)
		$	-		$	-		$	(225,216)		$	(225,216)		$	-		$	(198,315)		$	-		$	(66,600)