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Condensed Consolidated Interim Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash $ 4,683 $ 13,301
Inventories (Note 5) 11,952 10,941
Prepaid expenses and other current assets 344 611
Total current assets 16,979 24,853
Property, plant, equipment and mineral interests (Note 6) 141,194 134,550
Advance minimum royalties 304 303
Total Assets 158,477 159,706
Current liabilities:    
Accounts payable and accrued liabilities 5,960 4,265
Interest payable 651 296
Current portion of note payable (Note 9 (ii)) 9,061 0
Current portion of loan payable (Note 16) 6,998 5,656
Derivative liability - Related party warrants (Note 10) 3,129 5,458
Derivative liability - Warrants (Note 10) 268 972
Total current liabilities 26,067 16,647
Note payable (Note 9 (ii)) 20,096 26,347
Loan payable (Note 16) 9,398 9,494
Asset retirement obligation (Note 8) 1,719 1,366
Deferred tax liability 12,922 12,922
Total liabilities 70,202 66,776
Temporary Equity    
Redeemable portion of non-controlling interest (Note 9 (iv)) 25,621 26,219
Shareholders' Equity    
Common shares, no par value, unlimited shares authorized (2016 - unlimited); 111,148,683 (2016 - 111,048,683) shares issued and outstanding (Note 7) 71,126 71,067
Additional paid-in capital 43,785 43,652
Deficit accumulated (90,687) (87,335)
Total shareholders’ equity attributable to GQM Ltd. 24,224 27,384
Non-controlling interest (Note 9 (iv)) 38,430 39,327
Total Shareholders’ Equity 62,654 66,711
Total Liabilities, Temporary Equity and Shareholders’ Equity $ 158,477 $ 159,706