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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Operating activities    
Net (loss) income for the year $ (106,027) $ 554,889
Adjustments for:    
Depreciation and depletion 188,837 198,134
Finance expense 40,352 41,551
Change in fair value of derivatives 53,834 (90,643)
Settlements of derivatives (31,837) (46,308)
Loss (gain) on disposals and write-downs of assets 12,232 (81,970)
Gain on bargain purchase of Premier Gold Mines Limited ("Premier") 0 (81,432)
Gain on reclassification of investment in Solaris Resources Inc. 0 (186,067)
Unrealized foreign exchange loss (gain) 12,612 (2,963)
Income tax expense (recovery) 7,620 (19,854)
Income taxes paid (22,124) (24,934)
Other (11,206) 3,719
Operating cash flow before changes in non-cash working capital 144,293 264,122
Changes in non-cash working capital (87,820) 56,656
Cash provided by (used in) operating activities 56,473 320,778
Investing activities    
Expenditures on mineral properties, plant and equipment (557,074) (344,224)
Purchase of marketable securities (7,421) 0
Dispositions of marketable securities 92,021 0
Investment in associates (3,343) (40,860)
Net proceeds on disposals of assets 55,604 90,478
Other 1,211 (10,323)
Cash provided by (used in) investing activities (419,002) (347,567)
Financing activities    
Draw down on credit facility 299,800 0
Repayment of loans and borrowings (13,333) (30,983)
Interest paid (33,590) (22,112)
Lease payments (23,849) (24,309)
Net proceeds from issuance of shares 7,219 59,498
Proceeds from exercise of warrants and stock options 11,488 17,655
Net proceeds from other financing activities 9,600 0
Transaction costs and other (3,024) (1,344)
Cash provided by (used in) financing activities 254,311 (1,595)
Effect of foreign exchange on cash and cash equivalents (1,086) (6,469)
Decrease in cash and cash equivalents (109,304) (34,853)
Cash and cash equivalents – beginning of year 305,498 344,926
Cash and cash equivalents – end of year 200,769 310,073
Cash and cash equivalents reclassified as held for sale 0 (4,575)
Cash and cash equivalents, excluding amounts classified as held for sale – end of year 200,769 305,498
Greenstone    
Investing activities    
Investment in associates 0 (50,905)
Premier    
Adjustments for:    
Gain on bargain purchase of Premier Gold Mines Limited ("Premier")   (81,400)
Investing activities    
Acquisition of Premier $ 0 $ 8,267