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Consolidated Statements of Cashflows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
OPERATING ACTIVITIES    
Net income for the year $ 59,399 $ 21,553
Items not involving cash    
Depletion and depreciation 122,272 45,408
Accretion expense 3,799 751
Income taxes 47,781 37,401
Interest expense, net 8,469 662
Loss on extinguishment of debt facility 595  
Share based payments (recovery) expense, net of cash settlements (3,079) 12,284
Write-off of inventories 7,035 (5)
Unrealized foreign exchange loss 4,304 14,656
Investment gains   (3,306)
Unrealized loss on derivatives 1,260 178
Closure and reclamation payments (354) (341)
Other 3,360 1,680
Trade and other receivables 16,897 (10,258)
Inventories 23,824 25,659
Changes in working capital (39,314) (9,118)
Trade and other payables 3,556 6,122
Cash provided by operating activities 215,526 121,803
Income taxes paid (62,677) (28,186)
Interest paid (7,420) (547)
Interest received 1,708 315
Net cash provided by operating activities 147,138 93,385
INVESTING ACTIVITIES    
Cash consideration for acquistion of Roxgold (25,333)  
Cash acquired through acquisition of Roxgold 65,622  
Promissory note receivable (35,296)  
Additions to mineral properties, plant and equipment (152,289) (93,033)
Purchases of investments   (17,844)
Proceeds from sale of investments 14 10,575
Proceeds from sale of assets 12 72
Recoveries of (additions to) Lindero construction VAT 28,771 (13,419)
Cash used in investing activities (118,499) (113,649)
FINANCING ACTIVITIES    
Transaction costs on credit facility (3,036)  
Proceeds from credit facility   65,000
Repayment of credit facility (32,288) (55,000)
Proceeds from issuance of common shares 313 70,011
Share issuance costs   (3,358)
Payments of lease obligations (11,928) (7,747)
Dividend payment to non-controlling interest (4,483)  
Cash (used in) provided by financing activities (51,422) 68,906
Effect of exchange rate changes on cash and cash equivalents (2,018) (148)
(Decrease) increase in cash and cash equivalents during the year (24,801) 48,494
Cash and cash equivalents, beginning of the year 131,898 83,404
Cash and cash equivalents, end of the year $ 107,097 $ 131,898