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Deferred Consideration (Tables)
9 Months Ended
Sep. 30, 2019
Text Block [Abstract]  
Schedule Of Deferred Consideration
During the three and nine months ended September 30, 2019 and 2018, the Company recognized the following in respect of deferred consideration:
 
Three Months Ended
September 30,
   
Nine Months Ended
September 30,
 
 
2019
 
 
2018
 
 
2019
 
 
2018
 
Contractual Gold Payments
  $
 3,502
    $
 2,880
    $
 
9,710
    $
 
5,595
 
Contractual Gold Payments – gold ounces paid
   
2,375
     
2,375
     
7,125
     
4,460
(1)
 
(Loss)/gain on revaluation of deferred consideration – gold payments
(2)
  $
 (6,306
)   $
 7,732
    $
(5,939
)   $
17,630
 
 
(1) Represents payments during the period April 11, 2018 through September 30, 2018.
(2) Gains/(losses) arise due to (decreases)/increases in the forward-looking price of gold and the magnitude of any gain or loss is highly correlated to the magnitude of the change in the forward-looking price of gold. See Note 5 for a reconciliation of changes in the deferred consideration balances.