The Company has entered into loans for mining equipment maturing in 2021 with fixed interest rates of 6.29% per annum. The Company’s obligations under the loans are secured by the mining equipment. As at December 31, 2020, plant, equipment, and mining properties includes a net carrying amount of $442 (December 31, 2019 - $559) for this mining equipment.

The contractual maturities and interest charges in respect of the Company’s obligations under the equipment loans are as follows:

	December 31,			December 31,
	2020			2019
Not later than one year	$	73		$	228
Later than one year and not later than five years		-			73
Less: Future interest charges		(1	)		(12	)
Present value of loan payments		72			289
Less: current portion		(72	)		(199	)
Non-current portion	$	-		$	90

The equipment loan credit facilities are a component of the master credit facilities described in Note 15.