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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Operating activities    
Net income $ 43,284 $ 60,509
Add (deduct) items not affecting cash:    
Finance costs 10,710 1,988
Depreciation, amortization and depletion 27,028 23,224
Share of loss in associates 2,188 1,846
Income tax expense 13,788 12,994
Loss (gain) on equity investments desgined as FVTPL 3,485 (7,732)
Loss on disposal of plant and equipment 210 293
Share-based compensation 6,096 4,307
Reclamation expenditures (251) (150)
Income taxes paid (5,512) (14,347)
Interest paid (72) (95)
Changes in non-cash operating working capital 6,424 3,075
Net cash provided by operating activities 107,378 85,912
Mineral rights and properties    
Capital expenditures (43,341) (35,661)
Acquisition (13,135) (7,566)
Proceeds on disposals 295
Plant and equipment    
Additions (10,729) (8,972)
Proceeds on disposals 74 51
Reclamation deposits    
Paid (293) (460)
Refund 1,855
Other investments    
Acquisition (8,235) (12,708)
Proceeds on disposals 1,362 19,301
Investment in associates (5,313) (7,131)
Net redemptions (purchases) of short-term investments (27,233) 9,826
Principal received on lease receivable 217 196
Net cash used in investing activities (106,626) (40,974)
Related parties    
Payments made (744)
Repayments received 812 1,423
Principal payments on lease obligation (637) (563)
Non-controlling interests    
Contribution 2,500
Distribution (5,096) (3,239)
Cash dividends distributed (4,413) (4,368)
Proceeds from issuance of common shares 1,908 3,538
Net cash used in financing activities (7,426) (1,453)
Effect of exchange rate changes on cash and cash equivalents 1,241 9,473
(Decrease) increase in cash and cash equivalents (5,433) 52,958
Cash and cash equivalents, beginning of the year 118,735 65,777
Cash and cash equivalents, end of the year 113,302 118,735
Supplementary cash flow information