XML 16 R6.htm IDEA: XBRL DOCUMENT v3.22.2
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net loss $ (33,470) $ (18,455)
Adjustments to reconcile net loss from operating activities:    
(Income) loss from investment in Minera Santa Cruz S.A. (Note 9) (1,391) 2,427
Depreciation and amortization 7,492 10,006
Gain on investments (Note 5) (589)  
(Gain) loss on sale of mineral property interests (Note 4)   (2,270)
Unrealized foreign exchange loss and adjustment to estimate (Note 11) (215) 334
Income and mining tax (recovery) (815) (3,037)
Stock-based compensation 190 439
Reclamation and remediation (Note 11) 3,287 1,416
Change in non-cash working capital items:    
Increase in other assets related to operations (5,250) 3,647
(Decrease) in liabilities related to operations (13,594) (2,580)
Cash used in operating activities (44,355) (8,073)
Cash flows from investing activities:    
Additions to mineral property interests and plant and equipment (8,252) (20,372)
Investment in marketable equity securities (Note 5)   492
Cash used in investing activities (7,966) (12,319)
Cash flows from financing activities:    
Proceeds from sale of shares, net of issuance costs (Note 18) 14,500 29,875
Sale of flow-through common shares, net of issuance costs (Note 12) 14,376 11,966
Proceeds from promissory note (Note 10 and Note 14) 15,000  
Subscription proceeds received in advance (2,850)  
Payment of finance lease obligations (1,521) (30)
Cash provided by financing activities 39,505 41,811
Increase in cash, cash equivalents and restricted cash (12,816) 21,419
Cash, cash equivalents and restricted cash, beginning of period 60,634 24,438
Cash, cash equivalents and restricted cash, end of period (Note 17) 47,818 45,857
Supplemental disclosure of cash flow information:    
Interest paid (2,829) (2,449)
Interest received 21 13
Minera Santa Cruz S.A. [Member]    
Adjustments to reconcile net loss from operating activities:    
(Income) loss from investment in Minera Santa Cruz S.A. (Note 9) (1,391) 2,427
Cash flows from investing activities:    
Dividends received from Minera Santa Cruz S.A. (Note 9) $ 286 $ 7,561