XML 78 R18.htm IDEA: XBRL DOCUMENT
v3.22.4

RECLAMATION AND REMEDIATION LIABILITIES | 12 Months Ended
--- | ---
Dec. 31, 2022
RECLAMATION AND REMEDIATION LIABILITIES |
RECLAMATION AND REMEDIATION LIABILITIES | NOTE 12 RECLAMATION AND REMEDIATION LIABILITIES The Company is responsible for reclamation of certain past and future disturbances at its properties. The most significant properties subject to these obligations are the Gold Bar and Tonkin properties in Nevada, the Fox Complex properties in Canada, and the El Gallo mine in Mexico. A reconciliation of the Company’s asset retirement obligations for the years ended December 31, 2022 and 2021 are as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | December 31, 2022 |  | December 31, 2021 |
Reclamation and remediation liability, beginning balance | $ | 35,452 | ​ | $ | 34,000 | ​
Settlements |  | (774) | ​ |  | (2,225) | ​
Accretion of liability |  | 2,354 | ​ |  | 2,405 | ​
Revisions to estimates and discount rate |  | 5,664 | ​ |  | 1,257 | ​
Foreign exchange revaluation | ​ | (850) | ​ | ​ | 15 | ​
Reclamation and remediation liability, ending balance | $ | 41,846 | ​ | $ | 35,452 | ​
Less: current portion | ​ | 12,576 | ​ | ​ | 5,761 | ​
Long-term portion | $ | 29,270 | ​ | $ | 29,691 | ​
​ The adjustment reflecting updated estimates for the year ended December 31, 2022, primarily relates to a $3.2 million increase in obligations in Gold Bar, $1.2 million increase in obligations in Tonkin Springs and $1.3 million increase in obligations in El Gallo. By comparison, as at December 31, 2021, $0.5 million increase in obligations relates to Gold Bar, $0.1 million increase - Tonkin Springs and $0.6 million increase - Fox Complex. Reclamation expense in the Statement of Operations includes adjustments for updates in the reclamation liability for properties that do not have reserves in compliance with S-K 1300. Reclamation accretion for all properties is as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | Year ended December 31,
​ | 2022 | ​ | 2021 | ​ | 2020
Reclamation adjustment reflecting updated estimates | $ | 991 | ​ | $ | 1,045 | ​ | $ | (113)
Reclamation accretion | ​ | 2,354 | ​ | ​ | 2,405 | ​ | ​ | 1,901
Total | $ | 3,345 | ​ | ​ | 3,450 | ​ | $ | 1,788
​

X
- Definition The entire disclosure for an asset retirement obligation and the associated long-lived asset. An asset retirement obligation is a legal obligation associated with the disposal or retirement from service of a tangible long-lived asset that results from the acquisition, construction or development, or the normal operations of a long-lived asset, except for certain obligations of lessees. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 410 -SubTopic 20 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=6392692&loc=d3e7569-110849 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 410 -SubTopic 20 -URI https://asc.fasb.org/subtopic&trid=2175671 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 410 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=6392692&loc=d3e7535-110849 + Details
Name: | us-gaap_AssetRetirementObligationDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_EnvironmentalRemediationObligationsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration