| Dec'17 | Dec'16 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | |
|---|---|---|---|---|---|---|
OPERATING ACTIVITIES: | ||||||
Net income/(loss) | ||||||
40,959 | -41,763 | -10,215 | -2,502 | -14,605 | -8,903 | |
Reconciliation of net income/(loss) to net cash provided by operating activities: | ||||||
Depreciation and amortization | ||||||
31,823 | 21,173 | - | - | - | - | |
Share-based compensation | ||||||
12,554 | 13,850 | - | - | - | - | |
Deferred income tax recovery | ||||||
-12,944 | 0 | - | - | - | - | |
(Gain)/loss on fair value of 7% Convertible Debentures embedded derivative | ||||||
2,095 | -3,812 | - | - | - | - | |
Loss on fair value of 5% Convertible Debentures | ||||||
-317 | -17,235 | - | - | - | - | |
Loss on repurchase of 5% Convertible Debentures, net | ||||||
0 | -11,594 | - | - | - | - | |
Recognition of deferred revenue | ||||||
14,156 | 11,267 | - | - | - | - | |
Proceeds from Royal Gold stream | ||||||
10,000 | 60,000 | - | - | - | - | |
Reclamation expenditures | ||||||
-5,992 | -5,527 | - | - | - | - | |
Other | ||||||
2,158 | 6,350 | - | - | - | - | |
Changes in working capital | ||||||
7,448 | 22,208 | - | - | - | - | |
Net cash provided by operating activities | ||||||
55,176 | 53,249 | - | - | - | - | |
INVESTING ACTIVITIES: | ||||||
Additions to mining properties | ||||||
632 | 2,108 | - | - | - | - | |
Additions to plant and equipment | ||||||
649 | 613 | - | - | - | - | |
Additions to construction in progress | ||||||
67,591 | 81,635 | - | - | - | - | |
Change in accounts payable and deposits on mine equipment and material | ||||||
1,103 | -2,794 | - | - | - | - | |
Increase in restricted cash | ||||||
-41 | 0 | - | - | - | - | |
Proceeds from sale of assets | ||||||
0 | 657 | - | - | - | - | |
Net cash used in investing activities | ||||||
-67,810 | -86,493 | - | - | - | - | |
FINANCING ACTIVITIES: | ||||||
Principal payments on debt | ||||||
2,198 | 29,345 | - | - | - | - | |
Proceeds from debt agreements | ||||||
10,000 | 3,000 | - | - | - | - | |
Proceeds from 7% Convertible Debentures, net | ||||||
0 | 20,714 | - | - | - | - | |
5% Convertible Debentures repayment | ||||||
13,611 | 19,941 | - | - | - | - | |
Shares issued, net | ||||||
24,456 | 45,450 | - | - | - | - | |
Exercise of options | ||||||
10 | 22 | - | - | - | - | |
Net cash provided by financing activities | ||||||
18,657 | 19,900 | - | - | - | - | |
Increase/(decrease) in cash and cash equivalents | ||||||
6,023 | -13,344 | - | - | - | - | |
Depreciation, depletion and amortization | ||||||
- | - | 98,926 | 71,466 | 98,775 | 109,666 | |
Amortization of loan acquisition cost | ||||||
- | - | 895 | 1,563 | 1,228 | 1,201 | |
Loss on extinguishment of debt | ||||||
- | - | -568 | 0 | 0 | - | |
Gain on sale of assets | ||||||
- | - | 31,577 | 1,350 | 1,172 | -304 | |
Non-cash employee compensation | ||||||
- | - | 6,111 | 3,385 | 2,975 | 2,033 | |
Deferred income tax expense | ||||||
- | - | 16,816 | 8,315 | 3,374 | -20,886 | |
Fair value of derivatives loss | ||||||
- | - | -162 | 177 | 215 | 1,838 | |
Fair value (gain)/loss on convertible debt | ||||||
- | - | 27,985 | -26,154 | 3,208 | 34,195 | |
Accretion of asset retirement obligations | ||||||
- | - | 2,816 | 3,845 | 2,803 | 2,165 | |
Reclamation expenditures | ||||||
- | - | 6,203 | 26,895 | 9,705 | 1,985 | |
Changes in working capital | ||||||
- | - | 11,994 | 7,853 | -9,950 | - | |
Reconciliation, Total | ||||||
- | - | - | - | - | 115,952 | |
Accounts receivable | ||||||
- | - | - | - | - | 2,702 | |
Inventories | ||||||
- | - | - | - | - | 5,619 | |
Deposits | ||||||
- | - | - | - | - | -193 | |
Accounts payable and accrued liabilities | ||||||
- | - | - | - | - | -10,232 | |
Other | ||||||
- | - | - | - | - | -267 | |
Net cash provided by operating activities | ||||||
- | - | 94,290 | 23,643 | 96,616 | 96,939 | |
Expenditures on mining properties | ||||||
- | - | 43,382 | 50,027 | 34,342 | 28,624 | |
Expenditures on property, plant and equipment | ||||||
- | - | 45,113 | 51,353 | 30,849 | 12,468 | |
Cash securing letters of credit (used)/refunded | ||||||
- | - | - | - | - | -445 | |
Change in accounts payable and deposits on mine equipment and material | ||||||
- | - | 4,559 | 1,907 | 901 | -1,016 | |
Proceeds from sale of investments | ||||||
- | - | 15,616 | 0 | 0 | - | |
Other | ||||||
- | - | 734 | -1,916 | -2,740 | -2 | |
Net cash used in investing activities | ||||||
- | - | -69,054 | -97,557 | -61,550 | -41,661 | |
Principal payments on debt | ||||||
- | - | 58,806 | 10,397 | 38,049 | 28,856 | |
Proceeds from debt agreements and equipment financing | ||||||
- | - | 8,510 | 9,875 | 25,674 | 22,837 | |
Issuance of share capital, net of issuance costs | ||||||
- | - | 300 | 282 | 2,248 | 73,489 | |
Other | ||||||
- | - | 0 | -220 | -1,010 | -2,219 | |
Net cash used in financing activities | ||||||
- | - | -49,996 | -460 | -11,137 | 65,251 | |
Decrease/(increase) in cash and cash equivalents | ||||||
- | - | -24,760 | -74,374 | 23,929 | 120,529 | |