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CAPITAL MANAGEMENT AND FINANCIAL RISK (Tables)
 12 Months Ended
Dec. 31, 2018
Capital Management And Financial Risk Tables Abstract  
Review of capital
        At December 31   At December 31
(in thousands)       2018   2017
             
Net cash:            
Cash and cash equivalents     $ 23,207 $ 3,636
Investments in debt instruments (note 10)   -   37,807
Debt obligations-current (note 17)       -   -
Net cash     $ 23,207 $ 41,443
Credit risk
        At December 31   At December 31
(in thousands)       2018   2017
             
Cash and cash equivalents     $ 23,207 $ 3,636
Trade and other receivables       4,072   4,791
Investments in debt instruments       -   37,807
Restricted cash and investments       12,255   12,184
      $ 39,534 $ 58,418
Maturities of financial liabilities

 

(in thousands)

      

Within 1

Year

  

1 to 5

Years

             
Accounts payable and accrued liabilities     $ 5,554 $ -
      $ 5,554 $ -
Price risk
            Change in
            net income
(in thousands)           (loss)
             
Equity price risk            
10% increase in equity prices         $ 368
10% decrease in equity prices           (305)
             
Fair value of financial assets and financial liabilities
    Financial   Fair   December 31,   December 31,
    Instrument   Value   2018   2017
(in thousands)   Category(1)   Hierarchy   Fair Value   Fair Value
                 
Financial Assets:                
Cash and equivalents   Category B     $ 23,207 $ 3,636
Trade and other receivables   Category B       4,072   4,791
Investments                
Debt instruments-GICs   Category A   Level 2   -   37,807
Equity instruments-shares   Category A   Level 1   2,007   2,833
Equity instruments-warrants   Category A   Level 2   248   4,526
Restricted cash and equivalents                
Elliot Lake reclamation trust fund   Category B       3,120   3,049
Credit facility pledged assets   Category B       9,000   9,000
Reclamation letter of credit collateral   Category B       135   135
          $ 41,789 $ 65,777
                 
Financial Liabilities:                
Account payable and accrued liabilities   Category C       5,554   5,756
Debt obligations   Category C       -   -
          $ 5,554 $ 5,756

 

(1)Financial instrument designations are as follows: Category A=Financial assets and liabilities at fair value through profit and loss; Category B=Financial assets at amortized cost; and Category C=Financial liabilities at amortized cost.