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Financial Risk Management (Tables)
12 Months Ended
Dec. 31, 2024
Disclosure Of Financial Risk Management [Abstract]  
Schedule of Financial Instrument Risk
Number of
Gold Notes
Amount
Fair value of Gold Notes as at December 31, 202266,006,346$67,145 
Repayments(7,388,882)(7,388)
Change in fair value through profit and loss (Note 20)8,950 
Change in fair value through other comprehensive income due to changes in credit risk(5,397)
Fair value of Gold Notes as at December 31, 202358,617,46463,310 
Repayments(14,777,512)(14,778)
Change in fair value through profit and loss (Note 20)20,275 
Change in fair value through other comprehensive income due to changes in credit risk(1,862)
Fair value of Gold Notes as at December 31, 202443,839,95266,945 
Less: current portion(16,132,117)(16,132)
Non-current portion as at December 31, 202427,707,835$50,813 
10.     Long-term Debt (cont.)
Number of DebenturesAmount
As at December 31, 202218,000$13,182 
Change in fair value through profit and loss (Note 20)1,032 
Change in FVOCI due to changes in credit risk(301)
As at December 31, 202318,000$13,913 
Change in fair value through profit and loss (Note 20)(565)
Change in FVOCI due to changes in credit risk(103)
Conversion of convertible debenture(16,200)(11,920)
Repayment of convertible debenture(1,800)(1,325)
As at December 31, 2024$ 
The levels in the fair value hierarchy into which the Company’s financial assets and liabilities are recognized in the statements of financial position at fair value are categorized as follows:
December 31, 2024December 31, 2023
Level 1Level 2Level 1Level 2
Gold Notes (Note 10c)
$ $66,945 $— $63,310 
Warrant liabilities (Note 13c)
8,886  26,053 553 
DSU and PSU liabilities (Note 13g,f)
1,692 3,750 1,903 2,804 
Investments and other assets (Note 7b)
5,050 7,579 4,254 5,505 
Convertible Debentures (Note 10d)
  — 13,913 
Total$15,628 $78,274 $32,210 $86,085 
Schedule of Financial Instrument Risks The levels in the fair value hierarchy into which the Company’s financial assets and liabilities are recognized in the statements of financial position at fair value are categorized as follows:
December 31, 2024December 31, 2023
Level 1Level 2Level 1Level 2
Gold Notes (Note 10c)
$ $66,945 $— $63,310 
Warrant liabilities (Note 13c)
8,886  26,053 553 
DSU and PSU liabilities (Note 13g,f)
1,692 3,750 1,903 2,804 
Investments and other assets (Note 7b)
5,050 7,579 4,254 5,505 
Convertible Debentures (Note 10d)
  — 13,913 
Total$15,628 $78,274 $32,210 $86,085 
Schedule of Credit Risk
December 31,
2024
December 31,
2023
Trade
$2,535 $3,505 
VAT receivable42,013 40,045 
Tax recoverable1,928 4,503 
Other, net of allowance for doubtful accounts791 1,386 
Total$47,267 $49,439 
Schedule of Liquidity Risk
Scheduled Amortizing Payments of the Gold Notes at $1,400 per ounce as as follows:

202520262027Total
Gold ounces11,611 11,611 7,213 30,435 
Principal repayments$16,132 $16,255 $11,453 $43,840 

Payments made to Gold Note holders are as follows:
Year-ended December 31,
20242023
Repayments$14,778 $7,388 
Gold premiums9,975 2,788 
Interest payment3,888 4,696 
In addition to other commitments already disclosed, the Company’s undiscounted commitments including interest and premiums at December 31, 2024 are as follows:
Less than 1 year1 to 3 years4 to 5 yearsOver 5 yearsTotal
Trade, tax and other payables$94,517 $— $— $— $94,517 
Reclamation and closure costs2,346 1,329 7,086 18,428 29,189 
Lease payments1,857 1,374 887 1,667 5,785 
Gold Notes34,187 59,494 — — 93,681 
Senior unsecured notes36,000 108,000 486,000 — 630,000 
Other contractual commitments ⁽¹⁾7,204 — — — 7,204 
Total$176,111 $170,197 $493,973 $20,095 $860,376 
(1)Includes binding commitments for capital and operating purchase obligations that the Company has entered into as at December 31, 2024.
Schedule of Foreign Currency Risk
The following table summarizes the Company’s net financial assets and liabilities denominated in Canadian dollars, Colombian pesos and Guyanese dollar (in US dollar equivalents) as of December 31, 2024 and December 31, 2023, as well as the effect on earnings and other comprehensive earnings of a 10% appreciation or depreciation in the foreign currencies against the US dollar on the financial and non-financial assets and liabilities of the Company, if all other variables remain constant:

December 31,
2024
Impact of a 10%
Change
December 31,
2023
Impact of a 10%
Change
Canadian Dollars (C$)(5,586)(509)(15,664)(1,425)
Colombian Peso (COP)(14,686)(1,336)11,301 1,027 
Guyanese Dollar (GYD)23 2 100