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PLANT EQUIPMENT AND MINING PROPERTIES

6 Months Ended

Jun. 30, 2024

PLANT EQUIPMENT AND MINING PROPERTIES

9. PLANT, EQUIPMENT AND MINING PROPERTIES

	Mining properties			Office equipment, furniture, and fixtures			Computer equipment			Mine machinery and transportation equipment			Mill machinery and processing equipment			Buildings and construction in process			Total
	$			$			$			$			$			$			$
COST
Balance at January 1, 2023		14,687			763			774			14,930			23,294			14,693			69,141
Additions / Transfers		3,716			78			1,176			3,270			3,079			701			12,020
Writedowns		-			(6	)		(22	)		(629	)		(141	)		-			(798	)
Effect of movements in exchange rates		(28	)		9			1			2			-			(24	)		(40	)
Balance at December 31, 2023		18,375			844			1,929			17,573			26,232			15,370			80,323
Additions / Transfers		348			374			11			188			1,402			(131	)		2,192
Writedowns		-			(17	)		(12	)		(1,321	)		(23	)		(352	)		(1,725	)
Effect of movements in exchange rates		4			(2	)		1			(1	)		-			(3	)		(1	)
Balance at June 30, 2024		18,727			1,199			1,929			16,439			27,611			14,884			80,789

ACCUMULATED DEPLETION AND DEPRECIATION / IMPAIRMENT
Balance at January 1, 2023		9,106			441			598			5,178			6,733			3,029			25,085
Additions / Transfers		367			111			204			676			1,170			294			2,822
Writedowns		-			(4	)		(21	)		(619	)		(9	)		-			(653	)
Balance at December 31, 2023		9,473			548			781			5,235			7,894			3,323			27,254
Additions / Transfers		209			63			201			1,175			(156	)		155			1,647
Writedowns		-			(16	)		(11	)		(1,146	)		(23	)		(145	)		(1,341	)
Balance at June 30, 2024		9,682			595			971			5,264			7,715			3,333			27,560

NET BOOK VALUE
At June 30, 2024		9,045			604			958			11,175			19,896			11,551			53,229
At December 31, 2023		8,902			296			1,148			12,339			18,338			12,047			53,069

Included in Buildings and construction in process above are assets under construction of $3,186 as at June 30, 2024 (December 31, 2023 - $3,166) on which no depreciation was charged in the periods then ended. Once the assets are available for use, they will be transferred to the appropriate class of plant, equipment and mining properties.

As of June 30, 2024, the Company performed an evaluation of the property plant and equipment and recorded a write-down of $384 (December 31, 2023 - $144) against the carrying value of mine and mill machinery and transportation equipment due to damage and obsolescence.

As at June 30, 2024, plant, equipment and mining properties included a net carrying amount of $6,809 (December 31, 2023 - $5,832) for mining equipment and right of use assets under lease.