XML 45 R7.htm IDEA: XBRL DOCUMENT v3.25.1
Consolidated Statements of Cash Flow - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
OPERATING ACTIVITIES    
Net income for the year $ 15,504 $ 42,709
Items not affecting cash:    
Depletion and depreciation 62,308 75,927
Interest expense and financing amortization 34,930 39,400
Loss (gain) on revaluation of investments 4,628 (15,671)
Share-based payments 7,851 7,616
Deferred income tax expense (recovery) 5,540 (4,503)
Loss (gain) on disposal and impairment of stream, royalty and other interests 3,689 (322)
Unrealized foreign exchange (gain) loss (1,158) 1,349
Interest income and other 5,677 4,552
Changes in non-cash working capital (3,591) 1,697
Total operating activities 135,378 152,754
INVESTING ACTIVITIES    
Acquisition of investments and other assets (11,112) (30,534)
Acquisition of Stream, royalty, and other interests (13,000) (20,943)
Proceeds from disposal of Stream, royalty and other interests 14,387 23,554
Proceeds from disposal of investments and other 20,669 5,741
Total investing activities 10,944 (22,182)
FINANCING ACTIVITIES    
Bank debt drawn 22,000 41,500
Bank debt repaid (102,000) (104,000)
Interest paid (32,669) (35,720)
Dividends paid (17,509) (17,736)
Redemption of common shares (normal course issuer bid) and other (16,557) (15,970)
Total financing activities (146,735) (131,926)
Effect of exchange rate changes on cash and cash equivalents (195) (672)
Net decrease in cash and cash equivalents (608) (2,026)
Cash and cash equivalents — beginning of the year 5,003 7,029
Cash and cash equivalents — end of the year $ 4,395 $ 5,003