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Financial risk management (Tables)
 12 Months Ended
Dec. 31, 2021
FINANCIAL RISK MANAGEMENT  
Schedule of maximum exposure to credit risk The Company’s maximum exposure to credit risk is as follows:

Year ended
December 31
(in millions of U.S. dollars)20212020
CREDIT RISK EXPOSURE


Cash and cash equivalents481.5 186.3 
Trade and other receivables26.4 77.1 
Total financial instrument exposure to credit risk507.9 263.4 
Schedule of aging of trade and other receivables The aging of trade and other receivables is as follows:
    As at December 31
(in millions of U.S. dollars)0-30
days		31-60
days		61-90
days		91-120
days		Over 120
days		2021 Total2020 Total
AGING TRADE AND OTHER RECEIVABLES     
Rainy River3.0 — — — 0.5 3.5 10.4 
New Afton1.7 1.0 3.4 — — 6.1 9.4 
Cerro San Pedro0.1 0.1 — — 2.3 2.5 2.3 
Corporate1.5 — — — 12.8 14.3 55.0 
Total trade and other receivables6.3 1.1 3.4 — 15.6 26.4 77.1 
Schedule of contractual maturities of debt commitments
The following table shows the contractual maturities of debt commitments.  The amounts presented represent the future undiscounted principal and interest cash flows, and therefore, do not equate to the carrying amounts on the consolidated statements of financial position.
As at December 31
(in millions of U.S. dollars)< 1 year1-3 years4-5 yearsAfter
5 years		2021 Total2020 Total
DEBT COMMITMENTS      
Trade and other payables127.7 — — — 127.7 109.2 
Long-term debt— 100.0 400.0 — 500.0 500.0 
Interest payable on long-term debt36.4 72.8 63.2 30.0 202.4 238.8 
New Afton free cash flow interest obligation 12.9 40.7175.1396.6625.3 541.8 
Gold stream obligation30.667.760.544.6203.4 219.0
Total debt commitments207.6 281.2 698.8 471.2 1,658.8 1,608.8 
Schedule of currencies of financial instruments and other foreign currency denominated liabilities
The currencies of the Company’s financial instruments and other foreign currency denominated liabilities, based on notional amounts, were as follows:
As at As at December 31, 2021
(in millions of U.S. dollars)CADMXN
EXPOSURE TO CURRENCY RISK  
Cash and cash equivalents35.1 0.6 
Trade and other receivables6.5 1.9 
Investments59.3 — 
Income tax receivable0.5 2.6 
Trade and other payables(96.0)(2.7)
Deferred tax liability(69.6)— 
Reclamation and closure cost obligations(154.5)(0.1)
Share units(3.7)— 
Total exposure to currency risk(222.4)2.3 
As at December 31, 2020
(in millions of U.S. dollars)CADMXN
EXPOSURE TO CURRENCY RISK  
Cash and cash equivalents34.6 0.1 
Trade and other receivables53.5 1.6 
Income tax (payable) receivable(0.7)4.1 
Trade and other payables(80.1)(6.5)
Deferred tax liability(53.5)— 
Reclamation and closure cost obligations(113.3)(0.3)
Share units(10.9)— 
Total exposure to currency risk(170.4)(1.0)
Schedule of changes in foreign exchange rates A 10% strengthening (weakening) of the U.S. dollar against the following currencies would have decreased (increased) the Company’s net earnings from the financial instruments presented by the amounts shown below.
As at Year ended December 31
(in millions of U.S. dollars)20212020
IMPACT OF 10% CHANGE IN FOREIGN EXCHANGE RATES  
Canadian dollar22.2 17.0 
Mexican peso0.2 0.1 
Schedule of change in commodity prices A 10% change in commodity prices and fuel and electricity prices would impact the Company’s net earnings as follows:
 Year ended December 31, 2021Year ended December 31, 2020
(in millions of U.S. dollars) 
Net
Earnings		Net
Loss
IMPACT OF 10% CHANGE IN COMMODITY PRICES  
Gold price49.9 21.9 
Copper price24.7 19.5 
Fuel and electricity price5.7 3.9