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SPARE PARTS
6 Months Ended
Jun. 30, 2024
Inventory Disclosure [Abstract]  
SPARE PARTS

18. SPARE PARTS

 

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

 

  

June 30,

2024

$

  

December 31,
2023

$

 
         
Spare parts, beginning of the period   212,135    - 
Additions   1,091,044    212,135 
Utilization   (98,733)   - 
Spare parts, end of the period   1,204,446    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.