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INTEREST IN GIBRALTAR JOINT VENTURE | 12 Months Ended
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Dec. 31, 2020
Disclosure of joint ventures [abstract] |
INTEREST IN GIBRALTAR JOINT VENTURE [Text Block] | 3. INTEREST IN GIBRALTAR JOINT VENTURE On March 31, 2010, the Company entered into an agreement with Cariboo Copper Corp. (Cariboo) whereby the Company contributed certain assets and liabilities of the Gibraltar mine, operating in British Columbia, into an unincorporated joint venture to acquire a 75% interest in the joint venture. Cariboo contributed $186,800 to purchase the remaining 25% interest. The assets and liabilities contributed by the Company to the joint venture were mineral property interests, plant and equipment, inventories, prepaid expenses, reclamation deposits, capital lease obligations, and site closure and reclamation obligations. Certain key strategic, operating, investing and financing policies of the joint venture require unanimous approval such that neither venturer is in a position to exercise unilateral control over the joint venture. The Company continues to be the operator of the Gibraltar mine. The Company has joint control over the joint arrangement and as such consolidates its 75% portion of all the joint venture's assets, liabilities, income and expenses. The following is a summary of the Gibraltar joint venture financial information on a 100% basis.
|  | As at December 31, |
|  | 2020 |  |  | 2019 |
Cash and equivalents |  | 46,440 |  |  | 54,454 |
Other current assets |  | 88,814 |  |  | 77,651 |
Current assets |  | 135,254 |  |  | 132,105 |
Non-current assets |  | 927,211 |  |  | 948,873 |
Accounts payable and accrued liabilities |  | 53,662 |  |  | 46,845 |
Other current financial liabilities |  | 23,703 |  |  | 22,698 |
Current liabilities |  | 77,365 |  |  | 69,543 |
Long-term debt |  | 40,178 |  |  | 52,177 |
Provision for environmental rehabilitation |  | 97,432 |  |  | 80,460 |
Non-current liabilities |  | 137,610 |  |  | 132,637 |
|  | Years ended December 31, |
|  | 2020 |  |  | 2019 |
Revenues |  | 458,305 |  |  | 438,204 |
Production costs |  | (298,988 | ) |  | (344,913 | )
Depletion and amortization |  | (139,643 | ) |  | (159,044 | )
Other operating expense |  | (4,529 | ) |  | (3,834 | )
Interest expense |  | (5,689 | ) |  | (6,031 | )
Interest income |  | 82 |  |  | 1,157 |
Foreign exchange gain (loss) |  | 348 |  |  | (1,976 | )
Net earnings (loss) |  | 9,886 |  |  | (76,437 | )
Other comprehensive income |  | — |  |  | 954 |
Comprehensive income (loss) for joint arrangement |  | 9,886 |  |  | (75,483 | )

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- Definition The disclosure of joint ventures. [Refer: Joint ventures [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 27 -IssueDate 2019-01-01 -Paragraph 17 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=27&code=ifrs-tx-2019-en-r&anchor=para_17_b&doctype=Standard -URIDate 2019-03-27 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 27 -IssueDate 2019-01-01 -Paragraph 16 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=27&code=ifrs-tx-2019-en-r&anchor=para_16_b&doctype=Standard -URIDate 2019-03-27 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 12 -IssueDate 2019-01-01 -Paragraph B4 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2019-en-r&anchor=para_B4_b&doctype=Appendix&subtype=B -URIDate 2019-03-27 + Details
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