FINANCIAL INSTRUMENTS (Tables)

12 Months Ended

Dec. 31, 2018

Disclosure of detailed information about financial instruments [abstract]

Disclosure of detailed information about financial instruments [text block]

The following table shows the carrying amounts and fair values of the Company’s financial assets and financial liabilities, including their levels in the fair value hierarchy. It does not include fair value information for financial assets and financial liabilities not measured at fair value if the carrying amount is a reasonable approximation of fair value.

	Carrying amount										Fair value
December 31, 2018	Assets at amortized cost		Fair value through profit and loss		Fair value through other comprehensive income		Liabilities at amortized cost		Total		Level 1		Level 2		Level 3		Total
Financial assets measured at fair value
Derivative assets	$	-	$	1,670	$	-	$	-	$	1,670	$	-	$	1,670	$	-	$	1,670
	$	-	$	1,670	$	-	$	-	$	1,670
Financial assets not measured at fair value
Cash	$	30,708	$	-	$	-	$	-	$	30,708		30,708		-		-		30,708
Amounts receivable		2,478		-		-		-		2,478		2,478		-		-		2,478
	$	33,186	$	-	$	-	$	-	$	33,186
Financial liabilities measures at fair value
Derivative liabilities	$	-	$	653	$	-	$	-	$	653		-		653		-		653
	$	-	$	653	$	-	$	-	$	653
Financial liabilities not measured at fair value
Accounts payable and accrued liabilities	$	-	$	-	$	-	$	48,295	$	48,295		48,295		-		-		48,295
Secured notes payable		-		-		-		408,144		408,144		425,860		-		-		425,860
	$	-	$	-	$	-	$	456,439	$	456,439

	Carrying amount										Fair value
December 31, 2017	Assets at amortized cost		Fair value through profit and loss		Fair value through other comprehensive income		Liabilities at amortized cost		Total		Level 1		Level 2		Level 3		Total
Financial assets measured at fair value
Derivative assets	$	-	$	963	$	-	$	-	$	963	$	-	$	963	$	-	$	963
	$	-	$	963	$	-	$	-	$	963
Financial assets not measured at fair value
Cash	$	43,129	$	-	$	-	$	-	$	43,129		43,129		-		-		43,129
Amounts receivable		2,679		-		-		-		2,679		2,679		-		-		2,679
	$	45,808	$	-	$	-	$	-	$	45,808
Financial liabilities not measured at fair value
Accounts payable and accrued liabilities	$	-	$	-	$	-	$	34,615	$	34,615		34,615		-		-		34,615
Secured notes payable		-		-		-		396,509		396,509		412,976				-		412,976
	$	-	$	-	$	-	$	431,124	$	431,124

Disclosure of detailed information about financial liabilities and capital commitments including contractual obligations [text block]

The following table summarizes the contractual maturities of the Company’s significant financial liabilities and capital commitments, including contractual obligations:

	Less than			1 to 3		4 to 5		After 5
	1 Year			Years		Years		Years		Total
Operating lease obligations	$	231		$	471	$	473	$	79	$	1,254
Gahcho Kué Diamond Mine commitments		1,578			-		-		-		1,578
Gahcho Kué Diamond Mine operating lease obligations		798			806		190		-		1,794
Revolving credit facility stand by charges		843			808		-		-		1,651
Notes payable - Principal		-			-		422,262		-		422,262
Notes payable - Interest		34,250			68,594		34,250		-		137,094
Forward Exchange Contracts:
(Inflows)		(33,500	)		-		-		-		(33,500	)
Outflows		34,060			-		-		-		34,060
	$	38,260		$	70,679	$	457,175	$	79	$	566,193

Disclosure of detailed information about net assets (liabilities) [text block]

As at December 31, 2018 and 2017, the Company had cash, accounts payable and accrued liabilities, derivative assets, derivative liabilities, financing costs payable and the secured notes payable that are in U.S. dollars. The Canadian dollar equivalent is as follows:

	December 31,			December 31,
	2018			2017
Cash	$	16,837		$	25,509
Derivative assets		1,670			963
Accounts payable and accrued liabilities		(2,248	)		(3,783	)
Derivative liabilities		(653	)		-
Secured notes payable		(422,262	)		(414,843	)
Total	$	(406,656	)	$	(392,154	)