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Note 38 - Operating Segments - Financial Statements (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Sep. 28, 2023
Statement Line Items [Line Items]        
Revenue $ 146,314 $ 142,082 $ 121,329  
Inter-segmental revenue 0      
Royalty (7,637) (7,124) (6,083)  
Production costs (82,709) (62,998) (53,126)  
Depreciation (14,486) (10,141) (8,046)  
Other income 263 60 46  
Other expenses* (4,367) [1] (11,782) (7,136)  
Administrative expenses (17,429) (11,941) (9,091)  
Management fee 0      
Cash-settled share-based expense (463) (609) (477)  
Equity-settled share-based expense (640) (484) 0  
Net foreign exchange (loss) gain [2] (2,550) 4,411 1,184  
Fair value loss on derivative liabilities (1,119) (1,198) (240)  
Finance income 39 17 14  
Finance cost (3,024) (657) (375)  
Profit (loss) before tax 12,192 39,636 37,999  
Tax expense (12,810) (16,770) (14,857)  
Profit for the year (618) 22,866 23,142  
Current (excluding intercompany, including assets held for sale) 54,229 38,427    
Non-current (excluding intercompany) 274,074 196,764    
Total non-current assets or disposal groups classified as held for sale or as held for distribution to owners 13,519      
Additions other than through business combinations, property, plant and equipment 29,606 48,220    
Expenditure on evaluation and exploration assets (note 17) 76,693 9,398    
Intercompany balances 0 0    
Current (excluding intercompany) (40,133) (32,441)    
Non-current (excluding intercompany) (23,978) (9,291)    
Intercompany balances 0 0    
Depreciation 14,486 10,141 8,046  
Other expenses* 4,367 [1] 11,782 7,136  
Administrative expenses 17,429 11,941 $ 9,091  
Elimination of intersegment amounts [member]        
Statement Line Items [Line Items]        
Revenue 0 0    
Inter-segmental revenue (17,623) 0    
Royalty 0 0    
Production costs 16,097 0    
Depreciation 1,079 42    
Other income (1,750) 0    
Other expenses* 0 [1] 427 [3]    
Administrative expenses 17 8,722    
Management fee (3) 0    
Cash-settled share-based expense 660 (1,462)    
Equity-settled share-based expense 0 (484)    
Net foreign exchange (loss) gain (71) 406    
Fair value loss on derivative liabilities 0 (1,198)    
Finance income 0 0    
Finance cost (2) 229    
Profit (loss) before tax (1,596) (11,700)    
Tax expense (19) (850)    
Profit for the year (1,615) (12,550)    
Current (excluding intercompany, including assets held for sale) (1,757) (83)    
Non-current (excluding intercompany) (5,294) (5,446)    
Total non-current assets or disposal groups classified as held for sale or as held for distribution to owners 0      
Additions other than through business combinations, property, plant and equipment (2,570) (1,355)    
Expenditure on evaluation and exploration assets (note 17) 0 0    
Intercompany balances (145,523) (107,227)    
Current (excluding intercompany) 0 0    
Non-current (excluding intercompany) 4 116    
Intercompany balances 145,523 107,227    
Depreciation (1,079) (42)    
Other expenses* (0) [1] (427) [3]    
Administrative expenses (17) (8,722)    
Material reconciling items [member]        
Statement Line Items [Line Items]        
Revenue 0 142,082    
Inter-segmental revenue 0 0    
Royalty 0 (7,124)    
Production costs 0 (62,998)    
Depreciation (41) (10,141)    
Other income 1,766 60    
Other expenses* 0 [1] (11,782) [3]    
Administrative expenses (10,124) (11,941)    
Management fee 0 0    
Cash-settled share-based expense (1,123) (609)    
Equity-settled share-based expense (640) (484)    
Net foreign exchange (loss) gain 797 4,411    
Fair value loss on derivative liabilities (1,119) (1,198)    
Finance income 0 17    
Finance cost 64 (657)    
Profit (loss) before tax (10,420) 39,636    
Tax expense (300) (16,770)    
Profit for the year (10,720) 22,866    
Current (excluding intercompany, including assets held for sale) 1,986 3,932    
Non-current (excluding intercompany) (2,419) 19,406    
Total non-current assets or disposal groups classified as held for sale or as held for distribution to owners 0      
Additions other than through business combinations, property, plant and equipment (11,440) 10,821    
Expenditure on evaluation and exploration assets (note 17) 0 4    
Intercompany balances 84,441 61,557    
Current (excluding intercompany) (2,210) (13,089)    
Non-current (excluding intercompany) (416) (1,109)    
Intercompany balances (81,227) (59,749)    
Depreciation 41 10,141    
Other expenses* (0) [1] 11,782 [3]    
Administrative expenses 10,124 11,941    
Blanket Mine [member]        
Statement Line Items [Line Items]        
Revenue 140,615 142,082    
Inter-segmental revenue 0 0    
Royalty (7,318) (7,124)    
Production costs (68,923) (62,701)    
Depreciation (15,385) (10,735)    
Other income 236 48    
Other expenses* (4,353) [1] (11,289) [3]    
Administrative expenses (912) (172)    
Management fee (3,468) (3,454)    
Cash-settled share-based expense 0 0    
Equity-settled share-based expense 0 0    
Net foreign exchange (loss) gain (3,229) 4,415    
Fair value loss on derivative liabilities 0 0    
Finance income 0 0    
Finance cost (3,323) (861)    
Profit (loss) before tax 33,940 50,209    
Tax expense (12,256) (15,785)    
Profit for the year 21,684 34,424    
Current (excluding intercompany, including assets held for sale) 51,236      
Non-current (excluding intercompany) 188,426      
Total non-current assets or disposal groups classified as held for sale or as held for distribution to owners 13,519     $ 13,519
Additions other than through business combinations, property, plant and equipment 43,496      
Expenditure on evaluation and exploration assets (note 17) 0      
Intercompany balances 44,452      
Current (excluding intercompany) (31,747)      
Non-current (excluding intercompany) (17,634)      
Intercompany balances (24,412)      
Depreciation 15,385 10,735    
Other expenses* 4,353 [1] 11,289 [3]    
Administrative expenses 912 172    
South African operations [member]        
Statement Line Items [Line Items]        
Revenue 0 0    
Inter-segmental revenue 17,623 19,885    
Royalty 0 0    
Production costs (16,788) (18,883)    
Depreciation (139) (153)    
Other income 10 12    
Other expenses* 0 [1] (66) [3]    
Administrative expenses (4,301) (3,047)    
Management fee 3,471 3,454    
Cash-settled share-based expense 0 0    
Equity-settled share-based expense 0 0    
Net foreign exchange (loss) gain (144) (119)    
Fair value loss on derivative liabilities 0 0    
Finance income 39 17    
Finance cost 448 (25)    
Profit (loss) before tax 219 1,075    
Tax expense (235) (252)    
Profit for the year (16) 823    
Current (excluding intercompany, including assets held for sale) 2,363 1,448    
Non-current (excluding intercompany) 697 822    
Total non-current assets or disposal groups classified as held for sale or as held for distribution to owners 0      
Additions other than through business combinations, property, plant and equipment 120 (881)    
Expenditure on evaluation and exploration assets (note 17) 0 0    
Intercompany balances 16,844 12,202    
Current (excluding intercompany) (4,421) (1,901)    
Non-current (excluding intercompany) 0 (101)    
Intercompany balances (34,193) (34,753)    
Depreciation 139 153    
Other expenses* (0) [1] 66 [3]    
Administrative expenses 4,301 3,047    
Bilboes [member]        
Statement Line Items [Line Items]        
Revenue 5,699      
Inter-segmental revenue 0      
Royalty (319)      
Production costs (13,095)      
Depreciation 0      
Other income 1      
Other expenses* [1] (14)      
Administrative expenses (2,101)      
Management fee 0      
Cash-settled share-based expense 0      
Equity-settled share-based expense 0      
Net foreign exchange (loss) gain 97      
Fair value loss on derivative liabilities 0      
Finance income 0      
Finance cost (189)      
Profit (loss) before tax (9,921)      
Tax expense 0      
Profit for the year (9,921)      
Current (excluding intercompany, including assets held for sale) 0      
Non-current (excluding intercompany) 0      
Total non-current assets or disposal groups classified as held for sale or as held for distribution to owners 0      
Additions other than through business combinations, property, plant and equipment 0      
Expenditure on evaluation and exploration assets (note 17) 0      
Intercompany balances (214)      
Current (excluding intercompany) 0      
Non-current (excluding intercompany) 0      
Intercompany balances 0      
Depreciation (0)      
Other expenses* [1] 14      
Administrative expenses 2,101      
Evaluation and exploration assets [member]        
Statement Line Items [Line Items]        
Revenue 0 0    
Inter-segmental revenue 0 (19,885)    
Royalty 0 0    
Production costs 0 18,586    
Depreciation 0 789    
Other income 0 0    
Other expenses* 0 [1] 0 [3]    
Administrative expenses (8) 0    
Management fee 0 0    
Cash-settled share-based expense 0 853    
Equity-settled share-based expense 0 0    
Net foreign exchange (loss) gain 0 (291)    
Fair value loss on derivative liabilities 0 0    
Finance income 0 0    
Finance cost (22) 0    
Profit (loss) before tax (30) 52    
Tax expense 0 117    
Profit for the year (30) 169    
Current (excluding intercompany, including assets held for sale) 401 0    
Non-current (excluding intercompany) 92,664 5,626    
Total non-current assets or disposal groups classified as held for sale or as held for distribution to owners 0      
Additions other than through business combinations, property, plant and equipment 0 872    
Expenditure on evaluation and exploration assets (note 17) 76,693 1,430    
Intercompany balances 0 0    
Current (excluding intercompany) (1,755) 0    
Non-current (excluding intercompany) (5,932) 0    
Intercompany balances (5,691) 0    
Depreciation (0) (789)    
Other expenses* (0) [1] (0) [3]    
Administrative expenses $ 8 (0)    
Zimbabwean operations [member]        
Statement Line Items [Line Items]        
Current (excluding intercompany, including assets held for sale)   33,130    
Non-current (excluding intercompany)   176,356    
Additions other than through business combinations, property, plant and equipment   38,763    
Expenditure on evaluation and exploration assets (note 17)   7,964    
Intercompany balances   33,468    
Current (excluding intercompany)   (17,451)    
Non-current (excluding intercompany)   (8,197)    
Intercompany balances   $ (12,725)    
[1] Other expenses include impairment of plant and equipment of $26 for Blanket and $851 for the Bilboes oxide mine, as well as impairment of the solar VAT and duty receivable amounting to $720 for Blanket.
[2] After December 31, 2023 the RTGS$:USD conversion rate devalued from RTGS$ 6,105:USD 1 to RTGS$ 20,945:USD 1 on March, 25 2024. The devaluation in the exchange rate will devalue RTGS$-denominated monetary assets in quarter 1, of 2024.
[3] Other expenses include impairment of plant and equipment of $8,209 for Blanket, as well as impairment of the Connemara North of $720.