Finance Expense

12 Months Ended

Dec. 31, 2022

Analysis of income and expense [abstract]

Finance Expense

Finance Expense

	Year ended December 31,
	2022		2021
Interest on loans and borrowings(1)	$	20,420	$	5,177
Gain on interest rate swap derivatives	(896)		(469)
Accretion of deferred revenue	3,407		1,501
Accretion of mine closures and rehabilitation provisions	2,191		1,077
Interest on lease liabilities	706		413
Other finance expenses(2)	7,395		4,460
	$	33,223	$	12,159

(1)    During the year ended December 31, 2022, the Company capitalized $6.2 million (2021 - $nil) of borrowing costs to projects in progress.

(2)     Other finance expenses during the year ended December 31, 2022 included $3.3 million credit loss provision on certain accounts receivable (see Note 23).