INCOME AND MINING TAXES (Tables)

12 Months Ended

Dec. 31, 2018

Income and mining taxes [Abstract]

Disclosure of detailed information about major components of income tax expense [Text Block]

The following table outlines the composition of income tax expense between current tax and deferred tax:

	Year ended December 31
(in millions of U.S. dollars)	2018	2017
CURRENT INCOME AND MINING TAX EXPENSE
Canada	4.2	2.8
Foreign	(0.1)	0.9
Adjustments in respect of prior year	-	0.1
	4.1	3.8
DEFERRED INCOME AND MINING TAX (RECOVERY) EXPENSE
Canada	(34.0)	(87.7)
Foreign	-	0.6
Adjustments in respect of prior year	4.7	(1.3)
	(29.3)	(88.4)
Total income tax (recovery) expense	(25.2)	(84.6)

Detailed Information for Reconciliation Of Income Tax Provision [Text Block]

Income tax expense differs from the amount that would result from applying the Canadian federal and provincial income tax rates to earnings before taxes. The differences result from the following items:

	Year ended December 31
(in millions of U.S. dollars)	2018	2017
Loss before taxes	(1,096.0)	(242.6)
Canadian federal and provincial income tax rates	26.3%	26.3%
Income tax recovery based on above rates	(288.2)	(63.8)
INCREASE (DECREASE) DUE TO
Permanent differences	58.3	1.1
Different statutory tax rates on earnings of foreign subsidiaries	(4.1)	(18.1)
Foreign exchange on non-monetary assets and liabilities	0.4	(7.4)
Other foreign exchange differences	(3.2)	(0.8)
Prior years’ adjustments relating to tax provision and tax returns	4.7	(1.0)
Canadian mining tax	11.8	10.9
Mexican special duty tax	-	0.3
Withholding tax	-	0.1
Change in tax rate	-	1.1
Change in unrecognized deferred tax assets	210.0	1.8
Disposal of El Morro gold stream asset	-	(8.4)
Sale of Peak and Mesquite	(15.1)	-
Other	0.2	(0.4)
Income tax recovery	(25.2)	(84.6)

Disclosure of temporary difference, unused tax losses and unused tax credits [text block]

The following tables provide analysis of the deferred tax assets and liabilities as at December 31, 2018:

	As at December 31, 2018
(in millions of U.S. dollars)	Canada	USA	Australia	Mexico	Total
DEFERRED TAX ASSETS
Unused non-capital losses	-	-	-	-	-
Capital losses	37.0	-	-	-	37.0
Mining interests	52.3	-	-	-	52.3
Property, plant and equipment	39.4	-	-	-	39.4
Gold stream obligation	7.4	-	-	-	7.4
Investment tax credits / government assistance	46.3	-	-	-	46.3
Alternative minimum tax credits	1.3	-	-	-	1.3
Decommissioning obligations	19.1	-	-	-	19.1
Derivative Instruments/Hedging	(0.2)	-	-	-	(0.2)
Ontario Mining Tax	53.9	-	-	-	53.9
Accrued liabilities and provisions	0.2	-	-	-	0.2
Other	4.7	-	-	-	4.7
	261.4	-	-	-	261.4
DEFERRED TAX LIABILITIES
Mining interests	-	-	-	-	-
Property, plant and equipment	-	-	-	-	-
Investment tax credits / government assistance	-	-	-	-	-
Decommissioning obligations	-	-	-	-	-
British Columbia Mining Tax	(41.5)	-	-	-	(41.5)
Mexican Mining Royalty	-	-	-	-	-
Other	-	-	-	-	-
	(41.5)	-	-	-	(41.5)
Unrecognized deferred tax asset	(261.4)	-	-	-	(261.4)
Deferred income tax liabilities, net	(41.5)	-	-	-	(41.5)

	As at December 31, 2017
(in millions of U.S. dollars)	Canada	USA	Australia(1)	Mexico	Total
DEFERRED TAX ASSETS
Unused non-capital losses	-	3.5	-	-	3.5
Property, plant and equipment	60.6	-	-	-	60.6
Gold stream obligation	24.3	-	-	-	24.3
Investment tax credits / government assistance	18.2	-	-	-	18.2
Alternative minimum tax credits	-	27.0	-	-	27.0
Decommissioning obligations	22.2	-	-	-	22.2
Derivative Instruments/Hedging	2.9	-	-	-	2.9
Ontario Mining Tax	6.1	-	-	-	6.1
Accrued liabilities and provisions	1.3	(0.1)	-	-	1.2
Other	5.6	-	-	-	5.6
	141.2	30.4	-	-	171.6
DEFERRED TAX LIABILITIES
Mining interests	(144.5)	(29.3)	-	-	(173.8)
Property, plant and equipment	-	(24.0)	-	-	(24.0)
Investment tax credits / government assistance	-	-	-	-	-
Decommissioning obligations	-	(5.7)	-	-	(5.7)
British Columbia Mining Tax	(36.6)	-	-	-	(36.6)
Mexican Mining Royalty	-	-	-	(0.1)	(0.1)
Other	(6.4)	(3.7)	-	-	(10.1)
	(187.5)	(62.7)	-	(0.1)	(250.3)
Deferred income tax liabilities, net	(46.3)	(32.3)	-	(0.1)	(78.7)

1. As at December 31, 2017, the deferred tax asset and deferred tax liability at Peak Mines are included in assets held-for-sale and liabilities held-for-sale, respectively.

Detailed Information Of Movement In Net Deferred Tax Liabilities [Text Block]

The following table outlines the movement in the net deferred tax liabilities:

	Year ended December 31
(in millions of U.S. dollars)	2018	2017
MOVEMENT IN THE NET DEFERRED TAX LIABILITIES
Balance at the beginning of the year	(78.7)	(230.3)
Recognized in net loss	29.4	139.2
Recognized in other comprehensive income	(23.5)	1.8
Recognized as reduction in mineral properties	-	(43.6)
Recognized as foreign exchange	(1.3)	50.3
Other	0.6	2.0
Reclassified as held-for-sale or disposed of	32.0	1.9
Total movement in the net deferred tax liabilities	(41.5)	(78.7)