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Revenue
12 Months Ended
Dec. 31, 2021
Disclosure of disaggregation of revenue from contracts with customers [abstract]  
Revenue

21.Revenue

The following is a disaggregation of revenue categorized by commodities sold:

Year ended

Year ended

December 31,

December 31,

2021

2020

 

Gold

Sales revenue

$

4,027

$

-

Derivative pricing adjustments

-

-

4,027

-

Silver

Sales revenue

$

27,438

$

19,212

Derivative pricing adjustments

(267

)

370

27,171

19,582

Zinc

Sales revenue

$

5,973

$

3,078

Derivative pricing adjustments

96

(1,094

)

6,069

1,984

Lead

Sales revenue

$

20,617

$

16,142

Derivative pricing adjustments

169

(400

)

20,786

15,742

Other by-products

Sales revenue

$

190

$

15

Derivative pricing adjustments

(46

)

71

144

86

 

Total sales revenue

$

58,245

$

38,447

Total derivative pricing adjustments

(48

)

(1,053

)

Gross revenue

$

58,197

$

37,394

Treatment and selling costs

(13,393

)

(9,511

)

$

44,804

$

27,883

The amount of gold sales revenue recognized from deferred revenue (see Note 9) was $4.0 million during the year ended December 31, 2021.

Derivative pricing adjustments represent subsequent variations in revenue recognized as an embedded derivative from contracts with customers and are accounted for as financial instruments (see Note 26).