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Deferred Consideration—gold payments (Tables)
12 Months Ended
Dec. 31, 2023
Deferred Consideration Gold Payments [Abstract]  
Schedule of Valuation of Deferred Consideration The Company determined the present value of the deferred consideration of $0 and $200,290 at December 31, 2022 using the following assumptions:
 

December 31, 2022

Forward-looking gold price (low)—per ounce

 

$

1,858

Forward-looking gold price (high)—per ounce

 

$

3,126

Forward-looking gold price (weighted average)—per ounce

 

$

2,237

Discount rate

 

 

11.0%

Perpetual growth rate

 

 

1.3%

Schedule of Deferred Consideration During the years ended December 31, 2023 and 2022, the Company recognized the following in respect of deferred consideration:
 

Years Ended December 31,

   

2023

 

2022

 

2021

Contractual gold payments

 

$

6,069

 

$

17,108

 

$

17,096

Contractual gold payments—gold ounces paid

 

 

3,167

 

 

9,500

 

 

9,500

Gain on revaluation/termination of deferred consideration—gold payments(1)

 

$

61,953

 

$

27,765

 

$

2,018

(1)     Gains on revaluation/termination 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.