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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities:    
Net loss for the year $ (91,022) $ (10,063)
Items not involving cash:    
Amortization and depletion 35,185 3,573
Impairment of goodwill (note 5) 38,682  
Change in reclamation and remediation provision 9,752 (214)
Finance costs 5,752 20
Unrealized foreign exchange loss (gain) 431 (926)
Income tax expense 744 652
Share-based compensation 1,726 1,321
Other non-cash items (note 23) 2,710 (580)
Interest received 686 1,185
Interest paid (5,692) (38)
Income taxes paid (440) (1,652)
Cash flows from (used in) operations before changes in working capital (1,486) (6,722)
Changes in non-cash working capital:    
Trade and other receivables 4,568 6,357
Inventories 10,521 510
Other current assets 212 (105)
Trade payables and accrued liabilities (28) 287
Net cash provided by (used in) operating activities 13,787 327
Cash flows from investing activities:    
Cash restricted for Coricancha environmental bond 371  
Cash received on Acquisition of Beadell 1,441  
Redemptions of (investments in) short-term deposits and restricted cash, net 25,941 (5,965)
Repayment received prior to Acquisition on loan advanced to Beadell 3,069  
Advances to Beadell prior to Acquisition (354) (5,000)
Additions to mineral properties, plant and equipment (25,910) (2,069)
Net cash provided by (used in) investing activities 4,558 (13,034)
Cash flows from financing activities:    
Proceeds from equity financings, net of expenses (note 15(f)) 15,939  
Payment of lease liabilities (6,190)  
Proceeds from borrowings 32,210  
Repayment of borrowings (48,444)  
Proceeds from exercise of options 504 349
Net cash from (used in) financing activities (5,981) 349
Effect of exchange rate changes on cash and cash equivalents 82 85
Increase (decrease) in cash and cash equivalents 12,446 (12,273)
Cash and cash equivalents, beginning of year 24,524 36,797
Cash and cash equivalents, end of year $ 36,970 $ 24,524