XML 132 R6.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
OPERATING ACTIVITIES      
Net loss $ (38,094) $ (25,362) $ (27,990)
Items not involving cash:      
Depletion, depreciation and amortization 1,213 3,790 4,636
Stock-based compensation (Note 9) 3,771 2,762 3,525
Change in value of convertible debentures (Note 6) (291) 612 940
Change in value of warrant liabilities (3,726) 3,470 (784)
Accretion of asset retirement obligation 1,931 1,835 1,733
Unrealized foreign exchange losses 78 (218) (263)
Non-cash standby cost accrued (1,421) (662) 249
Impairment of inventories 14,351 4,579 3,305
Abandonment of mineral properties 0 0 287
Acquisition of royalty interests, net of share issuance costs 0 3,622 0
Impairment of mineral properties held for sale 0 0 3,799
Other non- cash (income) expenses 2,314 1,303 1,909
Changes in assets and liabilities      
(Increase) decrease in inventories (18,534) (4,299) 73
(Increase) decrease in trade and other receivables (63) (346) (39)
(Increase) decrease in prepaid expenses and other assets 12 (631) 290
Increase (decrease) in accounts payable and accrued liabilities (3,195) (613) (1,410)
Changes in deferred revenue (2,724) 2,724 135
Cash paid for reclamation and remediation activities (Note 5) 0 (350) (735)
Net cash (used in) provided by operating activities (44,378) (7,784) (10,340)
INVESTING ACTIVITIES      
Purchase of mineral properties and property, plant and equipment 0 (107) 0
Payments to Acquire Marketable Securities 0 25,554 0
Proceeds from sale of marketable securities 22,575 2,554 0
Cash received from sale of Reno Creek 0 2,940 0
Net cash (used in) provided by investing activities 22,575 (20,167) 0
FINANCING ACTIVITIES      
Issuance of common shares for cash 19,678 31,517 14,154
Proceeds from Notes Payable 801 0 0
Payments Related to Tax Withholding for Share-based Compensation 0 (914) 0
Proceeds from Collection of Notes Receivable 0 500 0
Option and warrant exercises 146 764 0
Cash received from exercise of warrants 5 601 0
Repayment of loans and borrowings (317) (10,855) (4,095)
Cash received from non-controlling interest 46 0 365
Net cash (used in) provided by financing activities 20,359 21,613 10,424
INCREASE IN CASH AND CASH EQUIVALENTS DURING THE PERIOD (1,444) (6,338) 84
Effect of exchange rate fluctuations on cash held in foreign currencies 43 (71) 541
Cash, cash equivalents and restricted cash - beginning of period 34,292 40,701 40,076
CASH, CASH EQUIVALENTS and RESTRICTED CASH- END OF PERIOD 32,891 34,292 40,701
Non-cash investing and financing transactions:      
Issuance of common shares to settle liabilities 847 0 0
Issuance of common shares for consulting services 208 569 370
Interest 1,491 1,722 2,097
Warrant liability transferred to equity upon exercise $ 2 $ 115 $ 0