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PLANT EQUIPMENT AND MINING PROPERTIES

12 Months Ended

Dec. 31, 2023

PLANT EQUIPMENT AND MINING PROPERTIES

11. 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, 2022		13,038			595			335			14,240			18,613			11,778			58,599
Additions / Transfers		1,649			185			441			2,383			4,781			2,907			12,346
Writedowns		-			-			-			(1,692	)		(100	)		-			(1,792	)
Effect of movements in exchange rates		-			(17	)		(2	)		(1	)		-			8			(12	)
Balance at December 31, 2022		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

ACCUMULATED DEPLETION AND DEPRECIATION / IMPAIRMENT
Balance at January 1, 2022		8,856			294			267			4,944			6,667			1,896			22,924
Additions / Transfers		250			147			331			1,616			146			1,133			3,623
Writedowns		-			-			-			(1,382	)		(80	)		-			(1,462	)
Balance at December 31, 2022		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

NET BOOK VALUE
At December 31, 2023		8,902			296			1,148			12,338			18,338			12,047			53,069
At December 31, 2022		5,581			322			176			9,752			16,561			11,664			44,056

Included in Buildings and construction in process above are assets under construction of $3,166 as at December 31, 2023 (December 31, 2022 - $3,817) 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 December 31, 2023, the Company performed an evaluation of the property plant and equipment and recorded a write-down of $144 (December 31, 2022 – $330) against the carrying value of mine and mill machinery and transportation equipment due to damage and obsolescence.

As at December 31, 2023, plant, equipment and mining properties included a net carrying amount of $5,832 (December 31, 2022 - $2,417) for mining equipment and right of use assets under lease.