XML 44 R29.htm IDEA: XBRL DOCUMENT v3.20.2
Receivables (Tables)
9 Months Ended
Sep. 30, 2020
Receivables [Abstract]  
Receivables Receivables consist of the following:
In thousandsSeptember 30, 2020December 31, 2019
Current receivables:
Trade receivables$6,589 $6,028 
Value added tax (“VAT”) receivable13,156 10,729 
Income tax receivable173 105 
Other2,572 1,804 
$22,490 $18,666 
Non-current receivables:
VAT receivable(1)
$23,493 $28,009 
RMC receivable(2)
— 700 
23,493 28,709 
Total receivables$45,983 $47,375 
(1) Represents VAT that was paid to the Mexican government associated with Coeur Mexicana’s prior royalty agreement with a subsidiary of Franco-Nevada Corporation. The Company continues to pursue recovery from the Mexican government (including through ongoing litigation). See Note 17 -- Commitments and Contingencies for additional detail. The $4.5 million decrease in the nine months ended September 30, 2020 is attributable to a weaker Mexican Peso.
(2) Represents receivable due from the successor to Republic Metals Corporation, whose bankruptcy filing in November 2018 impacted approximately 0.4 million ounces of Coeur’s silver and 6,500 ounces of Coeur’s gold. In June 2020, the Company received a $0.7 million payment in respect of certain of its claims in the bankruptcy proceedings.