INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2019

INCOME TAXES

Disclosure of detailed information about reconciliation of income taxes computed as statutory tax rate

	2019			2018
Net income (loss) before tax	$	(90,278)		$	(9,411)
Canadian statutory income tax rate		27	%		27	%
Anticipated income tax at statutory rate	$	(24,181)		$	(2,541)
Permanent differences		11,750			190
Differences between Canadian and foreign tax rates		(3,035)			(269)
Change in estimate		53			194
Effect of changes in statutory tax rates		–			—
Inflation adjustment		130			(141)
Impact of foreign exchange on local currencies		3,087			975
Change in deferred tax assets not recognized		13,425			1,746
Mining taxes and duties		(658)			(156)
Withholding taxes		531			803
Utilization of foreign tax credits		(143)			(149)
Items booked through equity		(353)			—
Other items		138			—
Income tax expense	$	744		$	652
Effective tax rate		(1)	%		(7)	%

Disclosure of deferred taxes

	December 31,		December 31,
	2019		2018
Deferred income tax assets	$	49	$	126
Deferred income tax liabilities		(3,353)		—
Deferred withholding tax liabilities		(2,157)		(2,053)
Deferred special mining duty asset (liabilities)		96		96
	$	(5,365)	$	(1,831)

Disclosure of temporary difference, unused tax losses and unused tax credits

	December 31,		December 31,
	2019		2018
Tax losses carried forward	$	19,394	$	1,399
Provision for reclamation and remediation		2,175		262
Withholding tax liability		(2,157)		(2,053)
Property, plant and equipment		(6,394)		(1,754)
Mineral property interests		(16,163)		—
Other taxable temporary differences		(264)		(28)
Other deductible temporary differences		44		343
Net deferred income tax liabilities	$	(5,365)	$	(1,831)

Disclosure of detailed information about effective income tax expense recovery

	2019		2018
Current expense:
Income tax	$	135	$	164
Special mining duty		—		98
Withholding tax		427		427
		562		689
Deferred tax expense (recovery):
Income tax		78		(56)
Special mining duty		—		(357)
Withholding tax		104		376
		182		(37)
Income tax expense	$	744	$	652

Disclosure of unused tax losses

		2019			2018
Type of losses	Country	Expiry dates	Amount		Expiry dates	Amount
Non-capital losses	Canada	2026 to 2039	$	2,843	2026 to 2037	$	2,822
	Mexico	2020 to 2028	$	21,560	2018 to 2026	$	16,557
	Brazil	indefinite	$	102,357	indefinite	$	—
	Peru	indefinite	$	74,965	indefinite	$	66,462
Capital losses	Canada	indefinite	$	1,171	indefinite	$	1,196

Disclosure of detailed information about temporary differences of unrecognized deferred tax assets

	December 31,		December 31,
	2019		2018
Tax losses carried forward	$	80,782	$	25,305
Mineral properties, plant and equipment		58,352		8,919
Other deductible temporary differences		178,446		42,653
Unrecognized temporary differences	$	317,580	$	76,877