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CONSOLIDATED STATEMENTS OF COMPREHENSIVE EARNINGS (LOSS) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Income Statement    
Revenue $ 210,160 $ 165,320
Cost of sales:    
Direct production costs 113,880 89,603
Royalties 17,811 13,783
Share-based payments 442 421
Depreciation, depletion and amortization 25,179 23,977
Write down of inventory to net realizable value 1,323 1,168
Cost of sales 158,635 128,952
Mine operating earnings 51,525 36,368
Expenses:    
Exploration and evaluation 16,186 17,925
General and administrative 10,613 10,063
Care and maintenance costs 580 1,356
Impairment (reversal of impairment) of non-current assets, net 0 (16,791)
Severance costs 0 870
Write off of mineral properties 682 715
Total expenses 28,061 14,138
Operating earnings 23,464 22,230
Finance costs 1,300 985
Other income (expense):    
Foreign exchange gain (loss) 1,853 (1,131)
Gain on asset disposal 2,503 5,841
Investment and other (1,571) 3,733
Total other income (expense) 2,785 8,443
Earnings before income taxes 24,949 29,688
Income tax expense:    
Current income tax expense 6,376 3,481
Deferred income tax expense 12,372 12,252
Income tax expense 18,748 15,733
Net earnings and comprehensive earnings for the year $ 6,201 $ 13,955
Basic earnings per share based on net earnings (in dollars per share) $ 0.03 $ 0.08
Diluted earnings per share based on net earnings (in dollars per share) $ 0.03 $ 0.08
Basic weighted average number of shares outstanding (in shares) 183,009,339 167,289,732
Diluted weighted average number of shares outstanding (in shares) 185,349,634 170,663,883