XML 31 R54.htm IDEA: XBRL DOCUMENT v3.20.1
SEGMENTED INFORMATION (Tables)
12 Months Ended
Dec. 31, 2019
Disclosure of operating segments [abstract]  
Disclosure of operating segments
For the Years Ended December 31,
 
Wassa
 
Prestea
 
Other
 
Corporate
 
Total
2019
 
 
 
 
 
 
 
 
 
 
Revenue
 
$
203,820

 
$
60,917

 

 

 
$
264,737

Mine operating expenses
 
98,722

 
71,427

 

 

 
170,149

Severance charges
 
225

 
143

 

 

 
368

Operating costs from/(to) metal inventory
 
299

 
(652
)
 

 

 
(353
)
Inventory net realizable value adjustment and write-off
 

 
1,216

 

 

 
1,216

Royalties
 
10,877

 
4,083

 

 

 
14,960

Cost of sales excluding depreciation and amortization
 
110,123

 
76,217

 

 

 
186,340

Depreciation and amortization
 
17,134

 
11,920

 

 

 
29,054

Mine operating margin/(loss)
 
76,563

 
(27,220
)
 

 

 
49,343

Impairment charges
 

 
56,762

 

 

 
56,762

Income tax expense
 
27,439

 

 

 

 
27,439

Net income/(loss) attributable to non-controlling interest
 
4,671

 
(15,211
)
 

 

 
(10,540
)
Net income/(loss) attributable to Golden Star
 
$
35,357

 
$
(72,751
)
 
$
1,190

 
$
(31,230
)
 
$
(67,434
)
 
 
 
 
 
 
 
 
 
 
 
Capital expenditures
 
$
60,123

 
$
13,018

 

 

 
$
73,141

 
 
 
 
 
 
 
 
 
 
 
2018
 
 
 
 
 
 
 
 
 
 
Revenue
 
$
183,078

 
$
89,939

 
$

 
$

 
$
273,017

Mine operating expenses
 
86,916

 
89,112

 

 

 
176,028

Severance charges
 
4,970

 
9,888

 

 

 
14,858

Operating costs from metal inventory
 
7,184

 
5,702

 

 

 
12,886

Inventory net realizable value adjustment and write-off
 
3,684

 
1,971

 

 

 
5,655

Royalties
 
9,508

 
4,794

 

 

 
14,302

Cost of sales excluding depreciation and amortization
 
112,262

 
111,467

 

 

 
223,729

Depreciation and amortization
 
22,066

 
11,873

 

 

 
33,939

Mine operating margin/(loss)
 
48,750

 
(33,401
)
 

 

 
15,349

Income tax expense
 
12,350

 

 

 

 
12,350

Net income/(loss) attributable to non-controlling interest
 
3,043

 
(8,991
)
 

 

 
(5,948
)
Net income/(loss) attributable to Golden Star
 
$
27,994

 
$
(25,351
)
 
$
(8,543
)
 
$
(12,223
)
 
$
(18,123
)
 
 
 
 
 
 
 
 
 
 
 
Capital expenditures
 
$
35,420

 
$
11,414

 

 

 
$
46,834

Segmented Assets
The following table presents the segmented assets:
 
 
Wassa
 
Prestea
 
Other
 
Corporate
 
Total
December 31, 2019
 
 
 
 
 
 
 
 
 
 
Total assets
 
$
233,634

 
$
94,453

 
$
2,951

 
$
43,022

 
$
374,060

 
 
 
 
 
 
 
 
 
 
 
December 31, 2018
 
 
 
 
 
 
 
 
 
 
Total assets
 
$
181,446

 
$
147,815

 
$
898

 
$
87,828

 
$
417,987