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SPARE PARTS
3 Months Ended
Mar. 31, 2024
SPARE PARTS  
SPARE PARTS

18.

SPARE PARTS

Details of the movements in relation to spare parts are presented in the following table:

    

March 31, 2024

    

December 31, 2023

$

$

Spare parts, beginning of the period

212,135

 

Additions

1,065,539

 

212,135

Utilization

(98,733)

 

Spare parts, end of the period

1,178,941

 

212,135

Spare parts relate to spares to drilling equipment and underground equipment located at the mines in Botswana which are critical for the continued operations of the mines in the event that certain components become worn or inoperable. Spare parts are held in reserve at the mine site and consumed when placed into service.