XML 127 R40.htm IDEA: XBRL DOCUMENT v3.20.1
Related Parties (Tables)
12 Months Ended
Dec. 31, 2019
Disclosure Of Related Party [Abstract]  
Disclosure of detailed information about related parties outstanding balances
The balances as at December 31, 2019 and 2018 were as follows:
 
 
 
 
 
  
December 31,
 
  
December 31,
 
   
  
  
2019
 
  
2018
 
   
Payable De Beers Canada Inc. as the operator of the GK Mine*
  
$
                    12,316  
 
  
$
                    1,430  
 
   
Payable to De Beers Canada Inc. for interest on letters of credit
  
 
353  
 
  
 
352  
 
   
Payable to key management personnel
  
 
567  
 
  
 
57  
 
*included in accounts payable and accrued liabilities
 
Disclosure of transactions between related parties
The transactions for the years ended December 31, 2019 and 2018 were as follows:
 
 
 
 
 
  
Year ended
 
  
Year ended
 
   
  
  
December 31, 2019
 
  
December 31, 2018
 
   
The total of the transactions:
  
   
  
   
   
Kennady Diamonds
  
$
                                    -
 
  
$
                                 30
 
   
International Investment and Underwriting
  
 
50
 
  
 
99
 
   
Remuneration to key management personnel
  
 
2,467
 
  
 
2,917
 
   
Diamonds sold to De Beers Canada Inc.
  
 
12,582
 
  
 
2,028
 
   
Diamonds purchased from De Beers Canada Inc.
  
 
16,775
 
  
 
29,774
 
   
Finance costs incurred from De Beers Canada Inc.
  
 
701
 
  
 
705
 
   
Assets purchased from De Beers Canada Inc.
  
 
42
 
  
 
-
 
   
Management fee charged by the Operator of the GK Mine
  
 
4,153
 
  
 
4,153
 
Disclosure of amounts incurred by entity for provision of key management personnel services provided by separate management entities
The remuneration expense of directors and other members of key management personnel for the years ended December 31, 2019 and 2018 were as follows:
 
 
 
 
 
  
Year ended
 
  
Year ended
 
   
  
  
December 31, 2019
 
  
December 31, 2018
 
   
Consulting fees, payroll, director fees, bonus and other short-term benefits
  
$
                            1,903
 
  
$
                            1,643
 
   
Share-based payments
  
 
614
 
  
 
1,324
 
 
 
 
 
  
$
2,517
 
  
$
2,967