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INTEREST AND FINANCE COSTS, NET

12 Months Ended

Dec. 31, 2024

INTEREST AND FINANCE COSTS, NET

INTEREST AND FINANCE COSTS, NET

23.   INTEREST AND FINANCE COSTS, NET

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​	​	​	​	​	​	​
​	​	​	Years ended December 31,
​		​	2024 $		​	2023 $
Interest income	​	​	4,539	​	​	3,654
Credit facilities and other interest	​	​	(7,649)	​	​	(13,341)
2019 Convertible Debentures interest	​	​	(1,167)	​	​	(2,129)
2024 Convertible Notes interest	​	​	(3,616)	​	​	-
Amortization of discount and transaction costs	​	​	(7,555)	​	​	(2,897)
Bank stand-by and commitment fees	​	​	(1,050)	​	​	(304)
Accretion expense	​	​	(4,543)	​	​	(2,988)
Lease liabilities	​	​	(4,512)	​	​	(3,785)
​	​	​	(25,553)	​	​	(21,790)

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During the year ended December 31, 2023, the Company capitalized $6.5 million of interest related to the construction of the Séguéla mine. The Company stopped capitalizing interest expenses associated with the project on July 1, 2023.

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- References

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- Definition

The disclosure of finance income (cost). [Refer: Finance income (cost)]

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