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Deferred Consideration (Tables) | 12 Months Ended
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Dec. 31, 2022
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Summary of valuation of deferred consideration | The Company determined the present value of the deferred consideration of $200,290 and $228,062 at December 31, 2022 and 2021 using the following assumptions:
|  | December 31, 2022 |  | December 31, 2021
Forward-looking gold price (low)—per ounce |  | $ | 1,858 |  |  | $ | 1,833 |
Forward-looking gold price (high)—per ounce |  | $ | 3,126 |  |  | $ | 2,705 |
Forward-looking gold price (weighted average)—per ounce |  | $ | 2,237 |  |  | $ | 2,106 |
Discount rate |  |  | 11.0% |  |  |  | 9.0% |
Perpetual growth rate |  |  | 1.3% |  |  |  | 1.0% |
Schedule of Deferred Consideration | During the years ended December 31, 2022 and 2021, the Company recognized the following in respect of deferred consideration:
|  | Years Ended December 31, |
|  | 2022 |  |  | 2021 |  |  | 2020
Contractual gold payments |  | $ | 17,108 |  |  | $ | 17,096 |  |  | $ | 16,811 |
Contractual gold payments—gold ounces paid |  |  | 9,500 |  |  |  | 9,500 |  |  |  | 9,500 |
Gain/(loss) on revaluation of deferred consideration—gold payments (1) |  | $ | 27,765 |  |  | $ | 2,018 |  |  | $ | (56,821 | )
| (1) | Gains on revaluation of deferred consideration—gold payments result from a decrease in spot gold prices, a decrease in the forward-looking price of gold, a decrease in the perpetual growth rate and an increase in the discount rate used to compute the present value of the annual payment obligations. Losses on revaluation of deferred consideration—gold payments result from an increase in spot gold prices, an increase in the forward-looking price of gold, an increase in the perpetual growth rate and a decrease in the discount rate used to compute the present value of the annual payment obligations.

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