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v3.23.1

MANAGEMENT OF FINANCIAL RISK (Tables) | 12 Months Ended
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Dec. 31, 2022
Disclosure of nature and extent of risks arising from financial instruments [line items] |
Schedule of Company's Maximum Exposure to Credit Risk | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​
As at |  | December 31, 2022 |  | December 31, 2021
Cash and cash equivalents | ​ | $ | 80,493 | ​ | $ | 107,097
Derivative assets | ​ | ​ | 19 | ​ | ​ | 1,490
Trade and other receivables | ​ | ​ | 68,165 | ​ | ​ | 76,487
Income tax receivable | ​ | ​ | 718 | ​ | ​ | 1,713
Other non-current receivables | ​ | ​ | 8,484 | ​ | ​ | 6,032
​ | ​ | $ | 157,879 | ​ | $ | 192,819
​
Schedule of Company's Liquidity Risk | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Expected payments due by year as at December 31, 2022
​ | ​ | ​ | Less than | ​ | ​ | ​ | ​ | ​ | ​ | After | ​ | ​
​ | ​ | ​ | 1 year |  | ​ | 1 - 3 years |  | ​ | 4 - 5 years | ​ | ​ | 5 years | ​ | ​ | Total
Trade and other payables | ​ | $ | 111,896 | ​ | $ | - | ​ | $ | - | ​ | $ | - | ​ | $ | 111,896
Debt | ​ | ​ | - | ​ | ​ | 225,940 | ​ | ​ | - | ​ | ​ | - | ​ | ​ | 225,940
Income taxes payable | ​ | ​ | 11,589 | ​ | ​ | - | ​ | ​ | - | ​ | ​ | - | ​ | ​ | 11,589
Lease obligations | ​ | ​ | 11,343 | ​ | ​ | 8,308 | ​ | ​ | 5,736 | ​ | ​ | 5,806 | ​ | ​ | 31,193
Other liabilities | ​ | ​ | - | ​ | ​ | 2,596 | ​ | ​ | - | ​ | ​ | - | ​ | ​ | 2,596
Capital commitments, Séguéla | ​ | ​ | 13,923 | ​ | ​ | 380 | ​ | ​ | - | ​ | ​ | - | ​ | ​ | 14,303
Closure and reclamation provisions | ​ | ​ | 3,227 | ​ | ​ | 24,635 | ​ | ​ | 9,110 | ​ | ​ | 23,040 | ​ | ​ | 60,012
​ | ​ | $ | 151,978 | ​ | $ | 261,859 | ​ | $ | 14,846 | ​ | $ | 28,846 | ​ | $ | 457,529
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Expected payments due by year as at December 31, 2021
​ | ​ | ​ | Less than | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | After | ​ | ​ | ​
​ | ​ | ​ | 1 year |  | ​ | 1 - 3 years |  | ​ | 4 - 5 years | ​ | ​ | 5 years | ​ | ​ | Total
Trade and other payables | ​ | $ | 133,805 | ​ | $ | - | ​ | $ | - | ​ | $ | - | ​ | $ | 133,805
Debt | ​ | ​ | - | ​ | ​ | 46,000 | ​ | ​ | 120,000 | ​ | ​ | - | ​ | ​ | 166,000
Income taxes payable | ​ | ​ | 20,563 | ​ | ​ | - | ​ | ​ | - | ​ | ​ | - | ​ | ​ | 20,563
Lease obligations | ​ | ​ | 12,292 | ​ | ​ | 11,315 | ​ | ​ | 2,065 | ​ | ​ | 15,983 | ​ | ​ | 41,655
Other liabilities | ​ | ​ | - | ​ | ​ | 3,310 | ​ | ​ | - | ​ | ​ | - | ​ | ​ | 3,310
Capital commitments, Séguéla | ​ | ​ | 66,542 | ​ | ​ | 5,217 | ​ | ​ | - | ​ | ​ | - | ​ | ​ | 71,759
Closure and reclamation provisions | ​ | ​ | 1,883 | ​ | ​ | 5,561 | ​ | ​ | 23,954 | ​ | ​ | 24,714 | ​ | ​ | 56,112
​ | ​ | $ | 235,085 | ​ | $ | 71,403 | ​ | $ | 146,019 | ​ | $ | 40,697 | ​ | $ | 493,204
​
| (c) | Currency risk
Schedule of capital structure | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2022 |  | December 31, 2021
Equity | ​ | $ | 1,244,756 | ​ | $ | 1,375,148
Debt | ​ | ​ | 219,175 | ​ | ​ | 157,489
Lease obligations | ​ | ​ | 21,346 | ​ | ​ | 29,405
Less: cash and cash equivalents | ​ | ​ | (80,493) | ​ | ​ | (107,097)
​ | ​ | $ | 1,404,784 | ​ | $ | 1,454,945
​
Currency risk [member] |
Disclosure of nature and extent of risks arising from financial instruments [line items] |
Disclosure of Nature and Extent of Risks Arising from Foreign Exchange Currency Risk | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2022
​ |  | Canadian Dollars |  | Peruvian Soles |  | Mexican Pesos |  | Argentine Pesos |  | West African CFA Franc |  | Australian Dollars |  | Euro
Cash and cash equivalents | ​ | 587 | ​ | 6,237 | ​ | 73,868 | ​ | 11,845 | ​ | 6,057,885 | ​ | 250 | ​ | 0
Marketable securities | ​ | 105 | ​ | - | ​ | - | ​ | - | ​ | - | ​ | - | ​ | -
Restricted cash | ​ | - | ​ | - | ​ | - | ​ | - | ​ | 2,338,983 | ​ | - | ​ | -
Trade and VAT receivables | ​ | 215 | ​ | 3,317 | ​ | 73,868 | ​ | 2,062,918 | ​ | 12,979,116 | ​ | (115) | ​ | -
Income tax receivable | ​ | - | ​ | 28,137 | ​ | 13,900 | ​ | - | ​ | - | ​ | - | ​ | -
VAT - long term receivable | ​ | - | ​ | - | ​ | 70,520 | ​ | - | ​ | - | ​ | - | ​ | -
Trade and other payables | ​ | (13,374) | ​ | (16,966) | ​ | (218,288) | ​ | (1,429,416) | ​ | (15,346,471) | ​ | (1,285) | ​ | (274)
Provisions, current | ​ | - | ​ | (8,123) | ​ | (11,729) | ​ | (387,883) | ​ | - | ​ | - | ​ | -
Income tax payable | ​ | 51 | ​ | - | ​ | (84,393) | ​ | - | ​ | (1,353,215) | ​ | - | ​ | -
Other liabilities | ​ | (177) | ​ | - | ​ | (9,708) | ​ | - | ​ | - | ​ | - | ​ | -
Provisions, non-current | ​ | - | ​ | (12,611) | ​ | (90,797) | ​ | - | ​ | - | ​ | - | ​ | -
Total foreign currency exposure | ​ | (12,592) | ​ | (9) | ​ | (182,759) | ​ | 257,464 | ​ | 4,676,296 | ​ | (1,151) | ​ | (274)
US$ equivalent of foreign currency exposure | ​ | (9,297) | ​ | (2) | ​ | (9,439) | ​ | 1,436 | ​ | 7,416 | ​ | (1,099) | ​ | (262)
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2021
​ |  | Canadian Dollars |  | Peruvian Soles |  | Mexican Pesos |  | Argentine Pesos |  | West African CFA Franc |  | Australian Dollars |  | Euro
Cash and cash equivalents | ​ | 1,660 | ​ | 5,508 | ​ | 18,126 | ​ | 4,319 | ​ | 11,494,909 | ​ | 5 | ​ | 28
Marketable securities | ​ | 527 | ​ | - | ​ | - | ​ | - | ​ | - | ​ | - | ​ | -
Restricted cash | ​ | - | ​ | - | ​ | - | ​ | - | ​ | 1,166,963 | ​ | - | ​ | -
Trade and VAT receivables | ​ | 690 | ​ | 2,144 | ​ | 174,229 | ​ | 1,526,506 | ​ | 13,433,368 | ​ | - | ​ | -
Income tax receivable | ​ | - | ​ | 20,707 | ​ | - | ​ | - | ​ | - | ​ | - | ​ | -
VAT - long term receivable | ​ | - | ​ | - | ​ | 70,520 | ​ | - | ​ | - | ​ | - | ​ | -
Trade and other payables | ​ | (3,839) | ​ | (17,496) | ​ | (400,697) | ​ | (1,174,033) | ​ | (10,094,158) | ​ | (939) | ​ | (1,431)
Provisions, current | ​ | - | ​ | (4,413) | ​ | (13,534) | ​ | (95,353) | ​ | - | ​ | - | ​ | -
Income tax payable | ​ | - | ​ | - | ​ | (87,881) | ​ | - | ​ | - | ​ | - | ​ | -
Other liabilities | ​ | - | ​ | - | ​ | (6,178) | ​ | - | ​ | - | ​ | - | ​ | -
Provisions, non-current | ​ | - | ​ | - | ​ | (87,305) | ​ | - | ​ | - | ​ | - | ​ | -
Total foreign currency exposure | ​ | (962) | ​ | 6,450 | ​ | (332,719) | ​ | 261,439 | ​ | 16,001,083 | ​ | (933) | ​ | (1,403)
US$ equivalent of foreign currency exposure | ​ | (755) | ​ | 1,668 | ​ | (16,802) | ​ | 2,734 | ​ | 28,548 | ​ | (671) | ​ | (1,207)
​ Sensitivity as to change in foreign currency exchange rates on our foreign currency exposure as at December 31, 2022 is provided below: ​
​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | Effect on foreign
​ | ​ | ​ | ​ | denominated
Currency |  | Change |  | items
Mexican pesos | ​ | +/- 10% | ​ | $ | 858
Peruvian soles | ​ | +/- 10% | ​ | $ | 0
Argentinian pesos | ​ | +/- 10% | ​ | $ | 131
Canadian Dollar | ​ | +/- 10% | ​ | $ | 845
West African CFA franc | ​ | +/- 10% | ​ | $ | 674
Australian Dollar | ​ | +/- 10% | ​ | $ | 152
Euro | ​ | +/- 10% | ​ | $ | 24
​
Commodity price risk [member] |
Disclosure of nature and extent of risks arising from financial instruments [line items] |
Disclosure of Nature and Extent of Risks Arising from Financial Instruments | ​
​ | ​ | ​ | ​ | ​ | ​
Metal |  | Change |  | Effect on Sales
Silver | ​ | +/- 10% | ​ | $ | 800
Gold | ​ | +/- 10% | ​ | $ | 363
Lead | ​ | +/- 10% | ​ | $ | 550
Zinc | ​ | +/- 10% | ​ | $ | 186
​

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