Pan American Silver (PAAS) 40-F 22 Feb 23 2022 FY Annual report (Canada) Financial data

Cover

Cover	12 Months Ended
	Dec. 31, 2022 shares
Document Information [Line Items]
Document Type	40-F
Amendment Flag	false
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2022
Entity Central Index Key	0000771992
Document Registration Statement	false
Document Annual Report	true
Document Period End Date	Dec. 31, 2022
Current Fiscal Year End Date	--12-31
Entity File Number	000-13727
Entity Registrant Name	Pan American Silver Corp.
Entity Incorporation, State or Country Code	A1
Entity Primary SIC Number	1044
Entity Address, Address Line One	1500 – 625 Howe Street
Entity Address, City or Town	Vancouver
Entity Address, State or Province	BC
Entity Address, Postal Zip Code	V6C 2T6
City Area Code	604
Local Phone Number	684-1175
Title of 12(b) Security	Common Shares, No Par Value
Trading Symbol	PAAS
Security Exchange Name	NASDAQ
Annual Information Form	true
Audited Annual Financial Statements	true
Entity Common Stock, Shares Outstanding	210,680,834
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Emerging Growth Company	false
Business Contact
Document Information [Line Items]
Entity Address, Address Line One	28 Liberty St.
Entity Address, City or Town	NY
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10005
City Area Code	212
Local Phone Number	894-8940
Contact Personnel Name	CT Corporation

Audit Information

Audit Information	12 Months Ended
	Dec. 31, 2022
Audit Information [Abstract]
Auditor Name	Deloitte LLP
Auditor Location	Vancouver, Canada
Auditor Firm ID	1208

Consolidated Statements of Fina

Consolidated Statements of Financial Position - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Current assets
Cash and cash equivalents (Note 27)	$ 107,005	$ 283,550
Short-term investments (Note 9)	35,337	51,723
Trade and other receivables	136,614	128,150
Income tax receivables	40,020	20,282
Inventories (Note 10)	471,630	500,462
Derivative assets (Note 8)	2,883	3,995
Prepaid expenses and other current assets	10,891	13,007
Current assets	804,380	1,001,169
Non-current assets
Mineral properties, plant and equipment (Note 11)	2,226,354	2,344,551
Long-term inventories (Note 10)	26,300	25,644
Long-term tax receivables	8,476	8,711
Deferred tax assets (Note 30)	55,879	55,953
Long-term investment and associate (Note 13)	121,200	77,410
Goodwill and other assets (Note 14)	5,909	5,146
Total assets	3,248,498	3,518,584
Current liabilities
Accounts payable and accrued liabilities (Note 15)	308,054	306,087
Derivative liabilities (Note 8)	1,780	351
Provisions (Note 16)	17,853	8,041
Lease obligations (Note 17)	13,608	10,663
Debt (Note 18)	13,712	3,400
Income tax payables	25,833	59,133
Current liabilities	380,840	387,675
Non-current liabilities
Long-term provisions (Note 16)	285,327	240,111
Deferred tax liabilities (Note 30)	140,337	184,785
Long-term lease obligations (Note 17)	19,506	19,898
Long-term debt (Note 18)	180,010	11,900
Deferred revenue (Note 19)	13,900	12,516
Other long-term liabilities (Note 20)	26,960	25,691
Total liabilities	1,046,880	882,576
Equity (Note 21)
Issued capital	3,139,994	3,136,214
Share option reserve	93,273	93,375
Investment revaluation reserve	(3,008)	0
Deficit	(1,034,780)	(598,035)
Total equity attributable to Company shareholders	2,195,479	2,631,554
Non-controlling interests	6,139	4,454
Total equity	2,201,618	2,636,008
Total liabilities and equity	$ 3,248,498	$ 3,518,584

Consolidated Income Statements

Consolidated Income Statements - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Profit or loss [abstract]
Revenue (Note 28)	$ 1,494,718	$ 1,632,750
Production costs (Note 22)	(1,094,431)	(925,479)
Depreciation and amortization (Note 11)	(316,036)	(302,958)
Royalties	(35,889)	(36,375)
Cost of sales	(1,446,356)	(1,264,812)
Mine operating earnings (Note 28)	48,362	367,938
General and administrative	(28,975)	(34,852)
Exploration and project development	(18,335)	(11,071)
Mine care and maintenance (Note 23)	(45,123)	(31,780)
Foreign exchange losses	(9,607)	(11,267)
Impairment charges (Note 12)	(99,064)	0
Derivative gains (Note 8(d))	7,336	5,393
Mineral properties, plant and equipment (losses) gains (Note 11)	(2,439)
Mineral properties, plant and equipment (losses) gains (Note 11)		32,167
Gains and income from associates (Note 13)	45,033	4,347
Transaction and integration costs (Note 24)	(157,334)	0
Other (expense) income (Note 29)	(2,115)	36
(Loss) earnings from operations	(262,261)	320,911
Investment loss (Note 8(b))	(16,221)	(59,722)
Interest and finance expense (Note 25)	(22,463)	(16,198)
(Loss) earnings before income taxes	(300,945)	244,991
Income tax expense (Note 30)	(39,118)	(146,429)
Net (loss) earnings	(340,063)	98,562
Unrealized loss on long-term investment (Note 8(c))	3,477	0
Income tax recovery related to long-term investments (Note 30)	469	0
Total other comprehensive loss	(3,008)	0
Total comprehensive (loss) earnings	(343,071)	98,562
Equity holders of the Company	(344,756)	97,428
Non-controlling interests	1,685	1,134
Equity holders of the Company	(341,748)	97,428
Non-controlling interests	$ 1,685	$ 1,134
Basic earnings per share (in USD per share)	$ (1.62)	$ 0.46
Diluted earnings per share (in USD per share)	$ (1.62)	$ 0.46
Weighted average shares outstanding (in 000’s) Basic (shares)	210,521	210,298
Weighted average shares outstanding (in 000’s) Diluted (shares)	210,521	210,435

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income Statement - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Statement of comprehensive income [abstract]
Profit (loss)	$ (340,063)	$ 98,562
Components of other comprehensive income that will be reclassified to profit or loss, before tax [abstract]
Total comprehensive (loss) earnings	(343,071)	98,562
Comprehensive income attributable to [abstract]
Equity holders of the Company	(344,756)	97,428
Non-controlling interests	$ 1,685	$ 1,134

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Operating activities
Profit (loss)	$ (340,063)	$ 98,562
Income tax expense (Note 30)	39,118	146,429
Depreciation and amortization (Note 11)	316,036	302,958
Impairment charges (Note 12)	99,064	0
Net realizable value inventory charge (Note 22)	97,742	8,719
Investment loss	16,221	59,722
Accretion on closure and decommissioning provision (Note 16)	14,841	7,470
Interest paid	(6,584)	(5,234)
Interest received	3,176	172
Income taxes paid	(137,762)	(129,205)
Other operating activities (Note 27)	17,190	(22,069)
Loss from equity investees (Note 13)	(45,033)	(4,347)
Net change in non-cash working capital items (Note 27)	(42,037)	(71,069)
Cash flows from (used in) operating activities	31,909	392,108
Investing activities
Payments for mineral properties, plant and equipment	(274,688)	(243,478)
Proceeds from disposition of mineral properties, plant and equipment	8,713	45,798
Proceeds from short-term investments	694	1,861
Proceeds from derivatives	9,877	9,157
Cash flows from (used in) investing activities	(255,404)	(186,662)
Financing activities
Proceeds from common shares issued	940	619
Distributions to non-controlling interests	(269)	(933)
Dividends paid	(94,728)	(71,500)
Proceeds from debt (Note 18)	167,100	0
Repayment of debt (Note 18)	(5,239)	(1,700)
Payment of equipment leases	(14,833)	(12,396)
Cash flows from (used in) financing activities	52,971	(85,910)
Effects of exchange rate changes on cash and cash equivalents	(6,021)	(3,099)
(Decrease) increase in cash and cash equivalents	(176,545)	116,437
Cash and cash equivalents at the beginning of the year	283,550	167,113
Cash and cash equivalents at the end of the year	$ 107,005	$ 283,550

Consolidated Statements of Chan

Consolidated Statements of Changes in Equity - USD ($) $ in Thousands	Total	Equity attributable to owners of parent [member]	Issued capital [member]	Reserve of share-based payments [member]	Retained earnings [member]	Non-controlling interests [member]	Reserve of gains and losses on financial assets measured at fair value through other comprehensive income [member]
Number of shares issued, beginning (shares) at Dec. 31, 2020			210,258,667
Equity, beginning at Dec. 31, 2020	$ 2,605,839	$ 2,602,519	$ 3,132,140	$ 93,409	$ (623,030)	$ 3,320	$ 0
Profit (loss)	98,562	97,428			97,428	1,134
Other comprehensive income	0
Comprehensive income	98,562
Shares issued on the exercise of stock options, shares			65,780
Increase (decrease) through exercise of options, equity	619	619	$ 762	(143)
Shares issued as compensation, shares (Note 19)			133,077
Increase (decrease) through share-based payment transactions, equity	3,312	3,312	$ 3,312
Increase (decrease) through share-based payment transactions, option grants	109	109		109
Dividends recognised as distributions to non-controlling interests	(933)	(933)			(933)
Dividends recognised as distributions to owners of parent	(71,500)	(71,500)			(71,500)
Number of shares issued, ending (shares) at Dec. 31, 2021			210,457,524
Equity, ending at Dec. 31, 2021	2,636,008	2,631,554	$ 3,136,214	93,375	(598,035)	4,454	0
Profit (loss)	(340,063)	(341,748)			(341,748)	1,685
Other comprehensive income	(3,008)	(3,008)					(3,008)
Comprehensive income	(343,071)	(344,756)			(341,748)	1,685	(3,008)
Shares issued on the exercise of stock options, shares			79,542
Increase (decrease) through exercise of options, equity	940	940	$ 1,283	(343)
Shares issued as compensation, shares (Note 19)			143,768
Increase (decrease) through share-based payment transactions, equity	2,497	2,497	$ 2,497
Increase (decrease) through share-based payment transactions, option grants	241	241		241
Dividends recognised as distributions to non-controlling interests	(269)	(269)			269
Dividends recognised as distributions to owners of parent	(94,728)	(94,728)			94,728
Number of shares issued, ending (shares) at Dec. 31, 2022			210,680,834
Equity, ending at Dec. 31, 2022	$ 2,201,618	$ 2,195,479	$ 3,139,994	$ 93,273	$ (1,034,780)	$ 6,139	$ (3,008)

Additional information

Additional information	12 Months Ended
	Dec. 31, 2022
Transaction And Integration Costs [Abstract]
Disclosure Of Transaction And Integration Costs	24. TRANSACTION AND INTEGRATION COSTS Pursuant to the Transaction (Note 1), during the fourth quarter of 2022, the Company provided $150.0 million to Yamana towards a termination fee payable to Gold Fields Limited ("Gold Fields"). Please refer to Note 33 for further details. 2022 2021 Termination fee $ 150,000 $ — Legal and advisory fees 6,814 — Other 520 — $ 157,334 $ —

Nature of Operations

Nature of Operations	12 Months Ended
	Dec. 31, 2022
Nature of Operations [Abstract]
Nature of Operations	1. NATURE OF OPERATIONS Pan American Silver Corp. is the ultimate parent company of its subsidiary group (collectively, the “Company”, or “Pan American”). Pan American is a British Columbia corporation domiciled in Canada, and its office is at Suite 1440 – 625 Howe Street, Vancouver, British Columbia, V6C 2T6. The Company is engaged in the production and sale of silver, gold, zinc, lead and copper as well as other related activities, including exploration, extraction, processing, refining and reclamation. The Company’s major products are produced from mines in Canada, Peru, Mexico, Argentina and Bolivia. Additionally, the Company has project development activities in Canada, Peru, Mexico and Argentina, and exploration activities throughout South America, Canada and Mexico. As at December 31, 2022, the Company's Escobal mine in Guatemala continues to be on care and maintenance pending satisfactory completion of a consultation process led by the Ministry of Energy and Mines ("MEM") in Guatemala. The Company, Agnico Eagle Mines Limited (“Agnico Eagle”) and Yamana Gold Inc. (“Yamana”) entered into an arrangement agreement dated November 4, 2022 ( the "Arrangement Agreement"), whereby the Company agreed to acquire all of the issued and outstanding common shares of Yamana following the sale by Yamana of its Canadian assets, including certain subsidiaries and partnerships which hold Yamana’s interests in the Canadian Malartic mine, to Agnico Eagle, by way of a plan of arrangement under the Canada Business Corporations Act (the “Transaction”). The Transaction is expected to close in the first quarter of 2023, subject to certain regulatory approvals and other closing conditions. As a result, the Company expects to add to its portfolio the Jacobina mine in Brazil; the El Penon and Minera Florida mines in Chile; and the Cerro Morro mine in Argentina as well as two development projects in Argentina. Please refer to Note 33 for further details.

Basis of Preparation (Notes)

Basis of Preparation (Notes)	12 Months Ended
	Dec. 31, 2022
Disclosure of notes and other explanatory information [Abstract]
Disclosure of basis of preparation of financial statements	2. BASIS OF PREPARATION These consolidated financial statements have been prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board (“IFRS”), effective as of December 31, 2022. These consolidated financial statements were approved for issuance by the Board of Directors on February 22, 2023.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2022
Summary of Significant Accounting Policies [Abstract]
Summary of Significant Accounting Policies	3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The significant accounting policies used in the preparation of these consolidated financial statements are as follows: a) Presentation currency The functional and presentation currency of the Company and each of its subsidiaries is the United States dollar ("USD"). b) Basis of measurement These consolidated financial statements have been prepared on an historical cost basis, except for those assets and liabilities that are measured at revalued amounts or fair values at the end of each reporting period. c) Basis of consolidation The accounts of the Company and its subsidiaries, which are controlled by the Company, have been included in these consolidated financial statements. Control is achieved when the Company is exposed, or has rights, to variable returns from the investee and when the Company has the ability to affect those returns through its power over the investee. Subsidiaries are included in the consolidated financial results of the Company from the effective date of acquisition up to the effective date of disposition or loss of control. The principal subsidiaries of the Company and their geographic locations at December 31, 2022 were as follows: Location Subsidiary Ownership Accounting Operations and Development Canada Lake Shore Gold Corp. 100% Consolidated Bell Creek and Timmins West mines, together "Timmins mine" Mexico Plata Panamericana S.A. de C.V. 100% Consolidated La Colorada mine Compañía Minera Dolores S.A. de C.V. 100% Consolidated Dolores mine Peru Pan American Silver Huaron S.A. 100% Consolidated Huaron mine Compañía Minera Argentum S.A. 92% Consolidated Morococha mine Shahuindo S.A.C. 100% Consolidated Shahuindo mine La Arena S.A. 100% Consolidated La Arena mine Bolivia Pan American Silver (Bolivia) S.A. 95% Consolidated San Vicente mine Guatemala Pan American Silver Guatemala S.A. 100% Consolidated Escobal mine Argentina Minera Tritón Argentina S.A. 100% Consolidated Manantial Espejo & Cap-Oeste Sur Este mines Minera Joaquin S.R.L. 100% Consolidated Joaquin mine Minera Argenta S.A. 100% Consolidated Navidad project d) Investments in associates An associate is an entity over which the investor has significant influence but not control and that is neither a subsidiary nor an interest in a joint venture. Significant influence is presumed to exist where the Company has between 20% and 50% of the voting rights, but can also arise where the Company has less than 20%, if the Company has the power to participate in the financial and operating policy decisions affecting the entity. The Company’s share of the net assets and net earnings or loss is accounted for in the consolidated financial statements using the equity method of accounting. e) Business combinations Upon the acquisition of a business, the acquisition method of accounting is used, whereby the purchase consideration is allocated to the identifiable assets, liabilities and contingent liabilities (identifiable net assets) acquired on the basis of fair value at the date of acquisition. When the cost of the acquisition exceeds the fair value attributable to the Company’s share of the identifiable net assets, the difference is treated as goodwill, which is not amortized and is reviewed for impairment annually or more frequently when there is an indication of impairment. If the fair value attributable to the Company’s share of the identifiable net assets exceeds the cost of acquisition, the difference is immediately recognized in the consolidated statement of earnings. Acquisition related costs, other than costs to issue debt or equity securities of the acquirer, including investment banking fees, legal fees, accounting fees, valuation fees, and other professional or consulting fees are expensed as incurred. The costs to issue equity securities of the Company as consideration for the acquisition are reduced from share capital as share issuance costs. The costs to issue debt securities are capitalized and amortized using the effective interest method. Non-controlling interests are measured either at fair value or at the non-controlling interests’ proportionate share of the recognized amounts of the acquirers’ identifiable net assets as at the date of acquisition. The choice of measurement basis is made on a transaction by transaction basis. Control of a business may be achieved in stages. Upon the acquisition of control, any previously held interest is re-measured to fair value at the date control is obtained resulting in a gain or loss upon the acquisition of control. If the initial accounting for a business combination is incomplete by the end of the reporting period in which the combination occurs, the Company reports provisional amounts for the items for which the accounting is incomplete. These provisional amounts are adjusted during the measurement period, or additional assets or liabilities are recognized, to reflect new information obtained about facts and circumstances that existed at the acquisition date that, if known, would have affected the amounts recognized at that date. f) Revenue recognition Revenue associated with the sale of commodities is recognized when control of the asset sold is transferred to the customer. Indicators of control transferring include an unconditional obligation to pay, legal title, physical possession, transfer of risk and rewards and customer acceptance. This generally occurs when the goods are delivered to a loading port, warehouse, vessel or metal account as contractually agreed with the buyer; at which point the buyer controls the goods. In cases where the Company is responsible for the cost of shipping and certain other services after the date on which control of the goods transfers to the customer, these other services are considered separate performance obligations and thus a portion of revenue earned under the contract is allocated and recognized as these performance obligations are satisfied. The Company’s concentrate sales contracts with third-party buyers, in general, provide for a provisional payment based upon provisional assays and quoted metal prices. Final settlement is based on applicable commodity prices set on specified quotational periods, typically ranging from one month prior to shipment, and can extend to three months after the shipment arrives at the smelter and is based on average market metal prices. For this purpose, the transaction price can be measured reliably for those products, such as silver, gold, zinc, lead and copper, for which there exists an active and freely traded commodity market such as the London Metals Exchange and the value of product sold by the Company is directly linked to the form in which it is traded on that market. Sales revenue is commonly subject to adjustments based on an inspection of the product by the customer. In such cases, sales revenue is initially recognized on a provisional basis using the Company’s best estimate of contained metal, and adjusted subsequently. Revenues are recorded under these contracts at the time control passes to the buyer based on the expected settlement period. Revenue on provisionally priced sales is recognized based on estimates of the fair value of the consideration receivable based on forward market prices and estimated quantities. At each reporting date provisionally priced metal is marked to market based on the forward selling price for the quotational period stipulated in the contract. Variations between the price recorded at the date when control is transferred to the buyer and the actual final price set under the smelting contracts are caused by changes in metal prices resulting in the receivable being recorded at fair value through profit or loss ("FVTPL"). IFRS 15 - Revenue from Contracts with Customers ("IFRS 15") requires that variable consideration should only be recognized to the extent that it is highly probable that a significant reversal in the amount of cumulative revenue recognized will not occur. The Company concluded that the adjustments relating to the final assay results for the quantity and quality of concentrate sold are not significant and do not constrain the recognition of revenue. Refining and treatment charges under the sales contracts are netted against revenue for sales of metal concentrate. The Company recognizes deferred revenue in the event it receives payments from customers in consideration for future commitments to deliver metals and before such sale meets the criteria for revenue recognition. The Company recognizes amounts in revenue as the metals are delivered to the customer. Specifically, for the metal agreements entered into with Maverix Metals Inc. ("Maverix"), the Company determines the amortization of deferred revenue to the consolidated statement of earnings on a per unit basis using the estimated total quantity of metal expected to be delivered to Maverix over the terms of the contract. The Company estimates the current portion of deferred revenue based on quantities anticipated to be delivered over the next twelve months. g) Financial instruments Financial assets and financial liabilities are recognized in the Company’s statement of financial position when the Company becomes a party to the contractual provisions of the instrument. i) Financial assets On initial recognition, a financial asset is classified as measured at: amortized cost, fair value through other comprehensive income ("FVTOCI"), or FVTPL. Financial assets at FVTPL are initially measured at fair value and those at amortized cost or FVTOCI are initially measured at fair value plus transaction costs. Subsequent measurement of financial assets and liabilities depends on the classifications of such assets and liabilities. Amortized cost: Financial assets that meet the following conditions are measured subsequently at amortized cost: • The financial asset is held within a business model whose objective is to hold financial assets in order to collect contractual cash flows, and • The contractual terms of the financial asset give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding. The amortized cost of a financial asset is the amount at which the financial asset is measured at initial recognition minus the principal repayments, plus the cumulative amortization using effective interest method of any difference between that initial amount and the maturity amount, adjusted for any loss allowance. Interest income is recognized using the effective interest method. Interest income is recognized in Investment loss in the consolidated statement of earnings. The Company's financial assets at amortized cost primarily include cash and cash equivalents, receivables not arising from sale of metal concentrates included in Trade and other receivables in the Consolidated Statement of Financial Position (Note 8(a)). FVTOCI: Financial assets that meet the following conditions are measured at FVTOCI: • The financial asset is held within a business model whose objective is achieved by both collecting contractual cash flows and selling financial assets, and • The contractual terms of the financial asset give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding; or • The Company may make an irrevocable election at initial recognition for particular investments in equity instruments that would otherwise be measured at FVTPL to present subsequent changes in fair value in other comprehensive income. At initial recognition, the Company's made an irrevocable election to measure its Long-term investment at FVTOCI (Note 8(c)). FVTPL: By default, all other financial assets are measured subsequently at FVTPL. The Company, at initial recognition, may also irrevocably designate a financial asset as measured at FVTPL if doing so eliminates or significantly reduces a measurement or recognition inconsistency that would otherwise arise from measuring assets or liabilities or recognizing the gains and losses on them on different bases. Financial assets measured at FVTPL are measured at fair value at the end of each reporting period, with any fair value gains or losses recognized in profit or loss to the extent they are not part of a designated hedging relationship. Fair value is determined in the manner described in Note 8(e)(ii). The Company's financial assets at FVTPL include its trade receivables from provisional concentrate sales, short-term investments in equity securities, and derivative assets not designated as hedging instruments. ii) Financial liabilities and equity Debt and equity instruments are classified as either financial liabilities or as equity in accordance with the substance of the contractual arrangements and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all its liabilities. Equity instruments issued by the Company are recognized at the proceeds received, net of direct issue costs. Repurchase of the Company’s own equity instruments is recognized and deducted directly in equity. No gain or loss is recognized in profit or loss on the purchase, sale, issue or cancellation of the Company’s own equity instruments. Classification of financial liabilities Financial liabilities that are not contingent consideration of an acquirer in a business combination, held for trading or designated as at FVTPL, are measured at amortized cost using effective interest method. Derivatives When the Company enters into derivative contracts, these transactions are designed to reduce exposures related to assets and liabilities, firm commitments or anticipated transactions. The Company does not have derivative instruments that qualify as cash flow hedges and consequently all derivatives are recorded at fair value with changes in fair value recognized in net earnings. h) Derivative Financial Instruments The Company utilizes foreign currency and commodity contracts, including forward contracts to manage exposure to fluctuations in metal prices and foreign currency exchange rates. For metals production, these contracts are intended to reduce the risk of falling prices on the Company’s future sales. Foreign currency derivative financial instruments, such as forward contracts, are used to manage the effects of exchange rate changes on foreign currency cost exposures. Such derivative financial instruments are initially recognized at fair value on the date on which a derivative contract is entered into and are subsequently re-measured at fair value. Derivatives are carried as assets when the fair value is positive and as liabilities when the fair value is negative and any gains or losses arising from changes in fair value on derivatives are taken directly to earnings for the year. The fair value of forward currency and commodity contracts is calculated by reference to current forward exchange rates and prices for contracts with similar maturity profiles. Derivatives, including certain conversion options and warrants with exercise prices in a currency other than the functional currency, are recognized at fair value with changes in fair value recognized in profit or loss. i) Inventories Inventories include work in progress, concentrate, doré, processed silver and gold, heap leach inventory, and operating materials and supplies. Work in progress inventory includes ore stockpiles and other partly processed material. Stockpiles represent ore that has been extracted and is available for further processing. The classification of inventory is determined by the stage at which the ore is in the production process. Inventories of ore are sampled for metal content and are valued based on the lower of cost or estimated net realizable value ("NRV") based upon the period ending prices of contained metal. Cost is determined on a weighted average basis or using a first-in-first-out basis and includes all costs incurred in the normal course of business including direct material and direct labour costs and an allocation of production overheads, depreciation and amortization, and other costs, based on normal production capacity, incurred in bringing each product to its present location and condition. Material that does not contain a minimum quantity of metal to cover estimated processing expenses to recover the contained metal is not classified as inventory and is assigned no value. The work in progress inventory is considered part of the operating cycle which the Company classifies as current inventory and hence heap leach and stockpiles are included in current inventory for our operations. Quantities are assessed primarily through surveys and assays. The costs incurred in the construction of heap leach pads are capitalized to mineral properties, plant and equipment. Heap leach inventory represents silver and gold contained in ore that has been placed on the leach pad for cyanide irrigation. The heap leach process is a process of extracting silver and gold by placing ore on an impermeable pad and applying a diluted cyanide solution that dissolves a portion of the contained silver and gold, which is then recovered during the metallurgical process. When the ore is placed on the pad, an estimate of the recoverable ounces is made based on tonnage, ore grade and estimated recoveries of the ore type placed on the pad. The estimated recoverable ounces on the pad are used to compile the inventory cost. The Company uses several integrated steps to scientifically measure the metal content of the ore placed on the leach pads. The tonnage, grade, and ore type to be mined in a period was first estimated using the Mineral Reserve model. As the ore body is drilled in preparation for the blasting process, samples are taken of the drill residue, which is assayed to determine their metal content and quantities of contained metal. The estimated recoverable ounces carried in the leach pad inventory are adjusted based on actual recoveries being experienced. Actual and estimated recoveries achieved are measured to the extent possible using various indicators including, but not limited to, individual cell recoveries, the use of leach curve recovery and trends in the levels of carried ounces depending on the circumstances or cumulative pad recoveries. The Company then processes the ore through the crushing facility where the output is again weighed and sampled for assaying. A metallurgical reconciliation with the data collected from the mining operation is completed with appropriate adjustments made to previous estimates. The crushed ore is then transported to the leach pad for application of the leaching solution. The samples from the automated sampler are assayed each shift and used for process control. The quantity of leach solution is measured by flow meters throughout the leaching and precipitation process. The pregnant solution from the heap leach is collected and passed through the processing circuit to produce precipitate, which is retorted and then smelted to produce doré bars. The Company allocates direct and indirect production costs to by-products on a systematic and rational basis. With respect to concentrate and doré inventory, production costs are allocated based on the silver equivalent ounces contained within the respective concentrate and doré. The inventory is stated at lower of cost or NRV, with cost being determined using a weighted average cost method. The ending inventory value of ounces associated with the leach pad is equal to opening recoverable ounces plus recoverable ounces placed less ounces produced plus or minus ounce adjustments. The estimate of both the ultimate recovery expected over time and the quantity of metal that may be extracted relative to the time the leach process occurs requires the use of estimates, which rely upon laboratory test work and estimated models of the leaching kinetics in the heap leach pads. Test work consists of leach columns of up to 400 days duration with 150 days being the average, from which the Company projects metal recoveries up to three years in the future. The quantities of metal contained in the ore are based upon actual weights and assay analysis. The rate at which the leach process extracts gold and silver from the crushed ore is based upon laboratory column tests and actual experience. The assumptions used by the Company to measure metal content during each stage of the inventory conversion process include estimated recovery rates based on laboratory testing and assaying. The Company periodically reviews its estimates compared to actual experience and revises its estimates when appropriate. The ultimate recovery will not be known until the leaching operations cease. Supplies inventories are valued at the lower of average cost and NRV using replacement cost plus cost to dispose, net of obsolescence. Concentrate and doré inventory includes product at the mine site, the port warehouse and product held by refineries. At times, the Company has a limited amount of finished silver at a minting operation where coins depicting Pan American’s emblem are stamped. j) Mineral properties, plant and equipment ("MPPE") On initial acquisition, MPPE are valued at cost, being the purchase price and the directly attributable costs of acquisition or construction required to bring the asset to the location and condition necessary for the asset to be capable of operating in the manner intended by management. When provisions for closure and decommissioning are recognized, the corresponding cost is capitalized as part of the cost of the related assets, representing part of the cost of acquiring the future economic benefits of the operation. The capitalized cost of closure and decommissioning activities is recognized in MPPE and depreciated accordingly. In subsequent periods, buildings, plant and equipment are stated at cost less accumulated depreciation and any impairment in value, whilst land is stated at cost less any impairment in value and is not depreciated. Each asset's or part’s estimated useful life has due regard to both its own physical life limitations and the present assessment of economically recoverable reserves of the mine property at which the item is located, and to possible future variations in those assessments. Estimates of remaining useful lives and residual values are reviewed annually. Changes in estimates are accounted for prospectively. The expected useful lives are included below in the accounting policy for depreciation of MPPE. The net carrying amounts of MPPE are reviewed for impairment either individually or at the cash-generating unit ("CGU") level when events and changes in circumstances indicate that the carrying amounts may not be recoverable. To the extent that these values exceed their recoverable amounts, that excess is recorded as an impairment provision. In countries where the Company paid Value Added Tax (“VAT”) and where there is uncertainty of its recoverability, the VAT payments have either been deferred with mineral property costs relating to the property or expensed if it relates to mineral exploration. If the Company ultimately recovers previously deferred amounts, the amount received will be applied to reduce mineral property costs or taken as a credit against current expenses depending on the prior treatment. Expenditure on major maintenance or repairs includes the cost of the replacement of parts of assets and overhaul costs. Where an asset or part of an asset is replaced and it is probable that future economic benefits associated with the item will be available to the Company, the expenditure is capitalized and the carrying amount of the item replaced derecognized. Similarly, overhaul costs associated with major maintenance are capitalized and depreciated over their useful lives where it is probable that future economic benefits will be available and any remaining carrying amounts of the cost of previous overhauls are derecognized. All other costs are expensed as incurred. Where an item of MPPE is disposed of, it is derecognized and the difference between its carrying value and net sales proceeds is disclosed as earnings or loss on disposal in the statement of earnings. Any items of mineral property, plant or equipment that cease to have future economic benefits are derecognized with any gain or loss included in the financial year in which the item is derecognized. k) Operational mining properties and mine development When it has been determined that a mineral property can be economically developed as a result of establishing proven and probable reserves (which occurs upon completion of a positive economic analysis of the mineral deposit), the costs incurred to develop such property including costs to further delineate the ore body and remove overburden to initially expose the ore body prior to the start of mining operations, are also capitalized. Costs associated with commissioning activities on constructed plants are deferred from the date of mechanical completion of the facilities until the date the Company is ready to commence commercial production. These costs are amortized using the units-of-production method (described below) over the life of the mine, commencing on the date of commercial production. Acquisition costs related to the acquisition of land and mineral rights are capitalized as incurred. Prior to acquiring such land or mineral rights, the Company makes a preliminary evaluation to determine that the property has significant potential to economically develop the deposit. The time between initial acquisition and full evaluation of a property’s potential is dependent on many factors including: location relative to existing infrastructure, the property’s stage of development, geological controls and metal prices. If a mineable deposit is discovered, such costs are amortized when production begins. If no mineable deposit is discovered, such costs are expensed in the period in which it is determined the property has no future economic value. Major development expenditures on producing properties incurred to increase production or extend the life of the mine are capitalized while ongoing mining expenditures on producing properties are charged against earnings as incurred. Gains or losses from sales or retirements of assets are included in gain or loss on sale of assets. l) Depreciation of MPPE The carrying amounts of MPPE (including initial and any subsequent capital expenditure) are depreciated to their estimated residual value over the estimated useful lives of the specific assets concerned, or the estimated life of the associated mine or mineral lease, if shorter. Estimates of residual values and useful lives are reviewed annually and any change in estimate is taken into account in the determination of remaining depreciation charges, and adjusted if appropriate, at each statement of financial position date. Changes to the estimated residual values or useful lives are accounted for prospectively. Depreciation commences on the date when the asset is available for use as intended by management. i) Units of production basis For mining properties and leases and certain mining equipment, the economic benefits from the asset are consumed in a pattern which is linked to the production level. Except as noted below, such assets are depreciated on a units of production basis. In applying the units of production method, depreciation is normally calculated using the quantity of material extracted from the mine in the period as a percentage of the total quantity of material to be extracted in current and future periods based on proven and probable reserves. ii) Straight line basis Assets within operations for which production is not expected to fluctuate significantly from one year to another or which have a physical life shorter than the related mine are depreciated on a straight line basis. MPPE are depreciated over their useful life, or over the remaining life of the mine if shorter. The major categories of property, plant and equipment are depreciated on a unit of production and/or straight-line basis as follows: • Land – not depreciated • Mobile equipment – 3 to 7 years • Buildings and plant facilities – 25 to 50 years • Mining properties and leases including capitalized evaluation and development expenditures – based on applicable reserves on a unit of production basis. • Exploration and evaluation – not depreciated until mine goes into production • Assets under construction – not depreciated until assets are ready for their intended use m) Exploration and evaluation Exploration expenditures are incurred in the search for economic mineral deposits or the process of obtaining more information about existing mineral deposits and typically include costs associated with drilling, sampling, mapping and other activity related to the search for ore. Evaluation expenditures are incurred to establish the technical and commercial viability of mineral deposits and typically include costs associated with determining optimal methods of extraction and metallurgical and treatment processes, permitting, and preparing economic evaluations. Exploration expenditures are expensed as incurred. Evaluation expenditures are capitalized when management determines there is a high degree of confidence that future economic benefits will flow to the Company. Acquired exploration and evaluation projects and acquired exploration rights are recognized as assets at their cost of acquisition or at fair value if purchased as part of a business combination. Capitalized exploration and evaluation expenditures are reclassified to MPPE, in accordance with Note 3(j), once the technical feasibility and commercial viability are demonstrated. n) Deferred stripping costs In open pit mining operations, it is necessary to remove overburden and other waste in order to access the ore body. During the preproduction phase, these costs are capitalized as part of the cost of the mine property and subsequently amortized over the life of the mine (or pit) on a units of production basis. The costs of removal of the waste material during a mine’s production phase are deferred where they give rise to future benefits. These capitalized costs are subsequently amortized on a unit of production basis over the reserves that directly benefit from the specific stripping activity. o) Impairment (and reversals of impairment) of non-current assets The Company reviews and tests the carrying amount of MPPE and intangible assets with finite lives when there is an indication of impairment or impairment reversal. Additionally, disposal groups held for sale are tested for impairment upon classification as a disposal group held for sale. Impairment assessments on MPPE and intangible assets are conducted at the level of the CGU. The recoverable amount of a CGU is the higher of value in use ("VIU") and fair value less cost to sell. VIU is the net present value of expected future cash flows. Impairments are recognized for any excess of carrying value over the recoverable amount. Where the recoverable amount is assessed using discounted cash flow techniques, the resulting estimates are based on detailed mine and/or production plans. The cash flow forecasts are based on best estimates of expected future revenues and costs, including the future cash costs of production, capital expenditure, closure, restoration and environmental clean-up. These may include net cash flows expected to be realized from extraction, processing and sale of mineral resources that do not currently qualify for inclusion in proven or probable ore reserves. Such non-reserve material is included where there is a high degree of confidence in its economic extraction. This expectation is usually based on preliminary drilling and sampling of areas of mineralization that are contiguous with existing reserves. Typically, the additional evaluation to achieve reserve status for such material has not yet been done because this would involve incurring costs earlier than is required for the efficient planning and operation of the mine. Where the recoverable amount of a CGU is dependent on the life of its associated ore, expected future cash flows reflect long term mine plans, which are based on detailed research, analysis and iterative modeling to optimize the level of return from investment, output and sequence of extraction. The mine plan takes account of all relevant characteristics of the ore, including waste to ore ratios, ore grades, haul distances, chemical and metallurgical properties of the ore affecting pro

Changes in Accounting Standards

Changes in Accounting Standards	12 Months Ended
	Dec. 31, 2022
Disclosure of significant accounting policies [Abstract]
Changes in Accounting Standards	4. CHANGES IN ACCOUNTING STANDARDS Certain new accounting standards and interpretations have been published that are not mandatory for the current period and have not been early adopted. Presentation of Financial Statements (Amendment to IAS 1) The amendments to IAS 1, clarifies the presentation of liabilities. The classification of liabilities as current or non-current is based on contractual rights that are in existence at the end of the reporting period and is affected by expectations about whether an entity will exercise its right to defer settlement. A liability not due over the next twelve months is classified as non-current even if management intends or expects to settle the liability within twelve months. The amendment also introduces a definition of ‘settlement’ to make clear that settlement refers to the transfer of cash, equity instruments, other assets, or services to the counterparty. The amendment issued in October 2022 also clarifies how conditions with which an entity must comply within twelve months after the reporting period affect the classification of a liability. Covenants to be compiled with after the reporting date do not affect the classification of debt as current or non-current at the reporting date. The amendments are effective for annual reporting periods beginning on or after January 1, 2024. The implementation of this amendment is not expected to have a material impact on the Company. Deferred Tax related to Assets and Liabilities arising from a Single Transaction (Amendments to IAS 12) The amendment clarifies that the initial recognition exemption does not apply to transactions in which equal amounts of deductible and taxable temporary differences arise on initial recognition. The amendment is effective for annual reporting periods beginning on or after January 1, 2023. Early application is permitted. This amendment is not expected to have a material impact on the Company. Disclosure of Accounting Policies (Amendments to IAS 1 and IFRS Practice Statement 2) The amendments require that an entity discloses its material accounting policies, instead of its significant accounting policies. Further amendments explain how an entity can identify a material accounting policy. Examples of when an accounting policy is likely to be material are added. To support the amendment, the IASB has

Significant Judgements in Apply

Significant Judgements in Applying Accounting Policies	12 Months Ended
	Dec. 31, 2022
Disclosure of significant accounting policies [Abstract]
Significant Judgements in Applying Accounting Policies	5. SIGNIFICANT JUDGMENTS IN APPLYING ACCOUNTING POLICIES Judgments that have the most significant effect on the amounts recognized in the Company’s consolidated financial statements are as follows: a) Capitalization of evaluation costs The Company has determined that evaluation costs capitalized during the year relating to the operating mines and certain other exploration interests have potential future economic benefits and are potentially economically recoverable. In making this judgment, the Company has assessed various sources of information including but not limited to the geologic and metallurgic information, history of conversion of mineral deposits to proven and probable mineral reserves, scoping and feasibility studies, proximity to existing ore bodies, operating management expertise and required environmental, operating and other permits. b) Functional currency The functional currency for the Company and its subsidiaries is the currency of the primary economic environment in which each operates. The Company has determined that its functional currency and that of its subsidiaries is the USD. The determination of functional currency may require certain judgments to determine the primary economic environment. The Company reconsiders the functional currency used when there is a change in events and conditions which determined the primary economic environment. c) Determination of significant influence of associates Determination of whether the Company has significant influence with respect to its associates requires an assessment of whether the Company has power to participate in the financial and operating policy decisions of the investee but does not have control or joint control of those policies. On March 31, 2022, the Company determined that it no longer held significant influence over its investment in Maverix after declining to nominate a representative to serve as a director on the Maverix board of directors and given an ownership interest of less than 20%. As a result, the Company redesignated its investment in Maverix into a long-term financial asset recorded at FVTOCI (Note 13). d) Deferral of stripping costs In determining whether stripping costs incurred during the production phase of a mining property relate to mineral reserves that will be mined in a future period and therefore should be capitalized, the Company treats the costs of removal of the waste material during a mine’s production phase as deferred, where it gives rise to future benefits. These capitalized costs are subsequently amortized on a unit of production basis over the reserves that directly benefit from the specific stripping activity. As at December 31, 2022, the carrying amount of Dolores and La Arena capitalized stripping costs was $20.0 million and $42.2 million, respectively (2021 - $23.5 million and $41.0 million, respectively). e) Impairment, or impairment reversal, of mining interests There is significant judgment involved in assessing whether any indications of impairment, or impairment reversal, exist for mining interests, with consideration given to both external and internal sources of information. Information the Company considers include changes in the market, economic and legal environment in which the Company operates that are not within its control that affect the recoverable amount of mining interests. Internal sources of information include the manner in which mineral property, plant and equipment are being used or are expected to be used and indications of the economic performance of the assets. Estimates include but are not limited to estimates of the discounted future after-tax cash flows expected to be derived from the Company’s mining properties, costs to sell the mining properties and the appropriate discount rate. Changes in metal price forecasts, increases or decreases in estimated future costs of production, increases or decreases in estimated future capital costs, reductions or increases in the amount of recoverable mineral reserves and mineral resources and/or adverse or favorable current economics can result in a write-down or write-up of the carrying amounts of the Company’s mining interests. In the year ended December 31, 2022, the Company identified an indicator of impairment at the Dolores Mine (Note 12) and recorded an impairment expense of $99.1 million (2021 - $nil). f) Coronavirus disease ("COVID-19") pandemic impact In March 2020, the World Health Organization declared a global pandemic following the emergence and rapid spread of a novel strain of the coronavirus. Since the outbreak of COVID-19, it has spread to areas where we have operations and offices. The outbreak and subsequent Government measures intended to limit the pandemic had significant effects on commodity prices and capital markets. The spread of COVID-19 has impacted our employees and contractors, not only as it relates to potential health concerns, but also in terms of limitations on movement, availability of food and other goods, and personal well-being, among others. Our suppliers and service providers have also been impacted. During 2020, Government efforts to curtail the spread of COVID-19 resulted in temporary suspensions of our operations in Mexico, Peru, Argentina and Bolivia (see Note 23), and we reduced throughput at our Timmins operation in Canada in order to enhance physical distancing and protect our personnel and the community. During 2021, there were no Government mandated suspensions but operations have continued to be impacted by COVID-19 protocols, which have increased costs and restricted throughput levels, especially at our underground mines. The extent to which COVID-19 will continue to impact our operations will depend on future developments which are highly uncertain and cannot be predicted with confidence. These future developments include, but are not limited to, the continued presence of, or spread, of COVID-19, and any future emergence and spread of similar pathogens, the duration of the outbreak, new information that may emerge concerning the severity of COVID-19, and the actions taken to contain COVID-19 or treat it. The impact of governmental restrictions and health and safety protocols could improve or worsen relative to our assumptions, depending on how each jurisdiction manages potential outbreaks of COVID-19, the efficacy and availability of adequate supplies of vaccines, and the roll-out of vaccination programs in each jurisdiction. As of December 31, 2022 and 2021, no operations were suspended as a result of COVID-19. Based on management analysis, the Company has concluded that the impacts to date including increased costs and deferral of production due to reduced throughput do not represent indicators of impairment for any of the Company's assets as at December 31, 2022 and 2021.

Key Sources of Estimation of Un

Key Sources of Estimation of Uncertainty in the Application of Accounting Policies	12 Months Ended
	Dec. 31, 2022
Disclosure of significant accounting policies [Abstract]
Key Sources of Estimation of Uncertainty in the Application of Accounting Principles	6. KEY SOURCES OF ESTIMATION UNCERTAINTY IN THE APPLICATION OF ACCOUNTING POLICIES Key sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities are: • Revenue recognition: Revenue from the sale of concentrate to independent smelters is recognized when control of the asset sold is transferred to the customer. The Company's concentrate sales contracts with third-party buyers, in general, provide for a provisional payment based upon provisional assays and quoted metal prices. Final settlement is based on applicable commodity prices set on specified quotational periods, typically ranging from one month prior to shipment, and can extend to three months after the shipment arrives at the smelter and is based on average market metal prices. Sales revenue is commonly subject to adjustments based on an inspection of the product by the customer. In such cases, sales revenue is initially recognized on a provisional basis using the Company’s best estimate of contained metal, and adjusted subsequently. Revenues are recorded under these contracts at the time control passes to the buyer based on the expected settlement period. Revenue on provisionally priced sales is recognized based on estimates of the fair value of the consideration receivable based on forward market prices and estimated quantities. At each reporting date provisionally priced metal is marked to market based on the forward selling price for the quotational period stipulated in the contract. Variations between the price recorded at the date when control is transferred to the buyer and the actual final price set under the smelting contracts are caused by changes in metal prices resulting in the receivable being recorded at FVTPL. In a period of high price volatility, as experienced under current economic conditions, the effect of mark-to-market price adjustments related to the quantity of metal which remains to be settled with independent smelters could be significant. For changes in metal quantities upon receipt of new information and assay, the provisional sales quantities are adjusted. • Estimated recoverable ounces: The carrying amounts of the Company’s mining properties are depleted based on recoverable ounces. Changes to estimates of recoverable ounces and depletable costs including changes resulting from revisions to the Company’s mine plans and changes in metal price forecasts can result in a change to future depletion rates. • Mineral reserve estimates: The figures for mineral reserves and mineral resources are disclosed in accordance with National Instrument 43 - 101, “Standards of Disclosure for Mineral Projects”, issued by the Canadian Securities Administrators and in accordance with “Estimation of Mineral Resources and Mineral Reserves Best Practice Guidelines – adopted November 29, 2019 ”, prepared by the Canadian Institute of Mining, Metallurgy and Petroleum Mineral Resource and Mineral Reserve Committee. There are numerous uncertainties inherent in estimating mineral reserves and mineral resources, including many factors beyond the Company’s control. Such estimation is a subjective process, and the accuracy of any mineral reserve or mineral resource estimate is a function of the quantity and quality of available data and of the assumptions made and judgments used in engineering and geological interpretation. Differences between management’s assumptions including economic assumptions such as metal prices and market conditions could have a material effect in the future on the Company’s financial position and results of operation. • Valuation of Inventory: In determining mine production costs recognized in the consolidated statement of earnings, the Company makes estimates of quantities of ore stacked in stockpiles, placed on the heap leach pad and in process and the recoverable silver in this material to determine the average costs of finished goods sold during the period. Changes in these estimates can result in a change in mine operating costs of future periods and carrying amounts of inventories. Refer to Note 10 for details. • Depreciation and amortization rates for MPPE and mineral interests: Depreciation and amortization expenses are allocated based on assumed asset lives and depreciation and amortization rates. Should the asset life or depreciation rate differ from the initial estimate, an adjustment would be made in the consolidated statement of earnings prospectively. A change in the mineral reserve estimate for assets depreciated using the units of production method would impact depreciation expense prospectively. • Estimation of decommissioning and reclamation costs and the timing of expenditures: The cost estimates are updated annually during the life of a mine to reflect known developments, (e.g. revisions to cost estimates and to the estimated lives of operations), and are subject to review at regular intervals. Decommissioning, restoration and similar liabilities are estimated based on the Company’s interpretation of current regulatory requirements, constructive obligations and are measured at the best estimate of expenditures required to settle the present obligation of decommissioning, restoration or similar liabilities that may occur upon decommissioning of the mine at the end of its productive life. The carrying amount is determined based on the net present value of estimated future cash expenditures for the settlement of decommissioning, restoration or similar liabilities that may occur upon decommissioning of the mine. Such estimates are subject to change based on changes in laws and regulations and negotiations with regulatory authorities. Refer to Note 16 for details on decommissioning and restoration costs. • Income taxes and recoverability of deferred tax assets: In assessing the probability of realizing income tax assets recognized, the Company makes estimates related to expectations of future taxable income, applicable tax planning opportunities, expected timing of reversals of existing temporary differences and the likelihood that tax positions taken will be sustained upon examination by applicable tax authorities. In making its assessments, the Company gives additional weight to positive and negative evidence that can be objectively verified. Estimates of future taxable income are based on forecasted cash flows from operations and the application of existing tax laws in each jurisdiction. The Company considers relevant tax planning opportunities that are within the Company’s control, are feasible and within management’s ability to implement. Examination by applicable tax authorities is supported based on individual facts and circumstances of the relevant tax position examined in light of all available evidence. Where applicable tax laws and regulations are either unclear or subject to ongoing varying interpretations, it is reasonably possible that changes in these estimates can occur that materially affect the amounts of income tax assets recognized. Also, future changes in tax laws could limit the Company from realizing the tax benefits from the deferred tax assets. The Company reassesses unrecognized income tax assets at each reporting period. Refer to Note 30 for further discussion on income taxes. • Provisions and contingencies: Due to the size, complexity and nature of the Company’s operations, various legal and tax matters are outstanding from time to time. In the event the Company’s estimates of the future resolution of these matters change, the Company will recognize the effects of the changes in its consolidated financial statements on the date such changes occur. Refer to Note 31 for further discussion on contingencies.

Management of Capital

Management of Capital	12 Months Ended
	Dec. 31, 2022
Management of Capital [Abstract]
Management of Capital	7. MANAGEMENT OF CAPITAL The Company’s objective when managing its capital is to maintain its ability to continue as a going concern while at the same time maximizing the growth of its business and providing returns to its shareholders. The Company’s capital structure consists of shareholders’ equity (comprising issued capital plus share option reserve plus deficit, plus investment revaluation reserve) with a balance of $2.2 billion as at December 31, 2022 (2021 - $2.6 billion). The Company manages its capital structure and makes adjustments based on changes to its economic environment and the risk characteristics of the Company’s assets. The Company’s capital requirements are effectively managed based on the Company having a thorough reporting, planning and forecasting process to help identify the funds required to ensure the Company is able to meet its operating and growth objectives. The Company is not subject to externally imposed capital requirements and the Company’s overall objective with respect to capital risk management remains unchanged from the year ended December 31, 2021.

Financial Instruments

Financial Instruments	12 Months Ended
	Dec. 31, 2022
Financial instruments [Abstract]
Financial Instruments	8. FINANCIAL INSTRUMENTS a) Financial assets and liabilities by categories: December 31, 2022 Amortized cost FVTPL FVTOCI Total Financial Assets: Cash and cash equivalents $ 107,005 $ — $ — $ 107,005 Trade receivables from provisional concentrates sales (1) — 50,258 — 50,258 Receivable not arising from sale of metal concentrates (1) 77,442 — 77,442 Short-term investments — 35,337 — 35,337 Long-term investment (2) — — 121,200 121,200 Derivative assets — 2,883 — 2,883 $ 184,447 $ 88,478 $ 121,200 $ 394,125 Financial Liabilities: Derivative liabilities $ — $ 1,780 $ — $ 1,780 Debt $ 193,722 $ — $ — $ 193,722 (1) Included in Trade and other receivables. (2) The Company's investment in Maverix (Note 13). December 31, 2021 Amortized cost FVTPL Total Financial Assets: Cash and cash equivalents $ 283,550 $ — $ 283,550 Trade receivables from provisional concentrates sales (1) — 40,020 40,020 Receivable not arising from sale of metal concentrates (1) 76,902 — 76,902 Short-term investments — 51,723 51,723 Derivative assets — 3,995 3,995 $ 360,452 $ 95,738 $ 456,190 Financial Liabilities: Derivative liabilities $ — $ 351 $ 351 Debt $ 15,300 $ — $ 15,300 (1) Included in Trade and other receivables. b) Short-term investments recorded at FVTPL The losses from short-term investments recorded at FVTPL for the year ended December 31, 2022 and 2021 were as follows: 2022 2021 Unrealized losses on short-term investments $ (16,615) $ (60,355) Realized gains on short-term investments 394 633 $ (16,221) $ (59,722) c) Long-term investment recorded at FVTOCI The losses from the Company's long-term investment (Note 13) recorded at FVTOCI for the year ended December 31, 2022 and 2021 were as follows: 2022 2021 Unrealized loss on long-term investment $ (3,477) $ — d) Derivatives The Company's derivatives are comprised of foreign currency and commodity contracts. The gains (losses) on derivatives for the year ended December 31, 2022 and 2021 were comprised of the following: 2022 2021 Realized gains on derivatives $ 9,877 $ 9,156 Unrealized losses on derivatives (2,541) (3,763) $ 7,336 $ 5,393 e) Fair value information i) Fair Value Measurement The categories of the fair value hierarchy that reflect the inputs to valuation techniques used to measure fair value are as follows: Level 1: Quoted prices in active markets for identical assets or liabilities; Level 2: Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly; and Level 3: Inputs for the asset or liability based on unobservable market data The levels in the fair value hierarchy into which the Company’s financial assets and liabilities that are measured and recognized on the Consolidated Statements of Financial Position at fair value on a recurring basis were categorized as follows: At December 31, 2022 At December 31, 2021 Level 1 Level 2 Level 1 Level 2 Assets and Liabilities: Short-term investments $ 35,337 $ — $ 51,723 $ — Long-term investment 121,200 — — — Trade receivables from provisional concentrate sales — 50,258 — 40,020 Derivative assets — 2,883 — 3,995 Derivative liabilities — (1,780) — (351) $ 156,537 $ 51,361 $ 51,723 $ 43,664 The methodology and assessment of inputs for determining the fair value of financial assets and liabilities as well as the levels of hierarchy for the Company’s financial assets and liabilities measured at fair value remain unchanged from that at December 31, 2021. ii) Valuation Techniques Short-term and long-term investments The Company’s short-term and long-term investments are valued using quoted market prices in active markets and as such are classified within Level 1 of the fair value hierarchy and are primarily equity securities. The fair value of the equity securities is calculated using the quoted market price multiplied by the quantity of shares held by the Company. Derivative assets and liabilities The Company’s derivative assets and liabilities were comprised of foreign currency and commodity contracts which are valued using observable market prices. Receivables from provisional concentrate sales A portion of the Company’s trade receivables arose from provisional concentrate sales and are valued using quoted market prices based on the forward London Metal Exchange for copper, zinc and lead and the London Bullion Market Association P.M. fix for gold and silver. f) Financial Instruments and related risks The Company has exposure to risks of varying degrees of significance which could affect its ability to achieve its strategic objectives for growth and shareholder returns. The principle financial risks to which the Company is exposed are: i) Credit risk ii) Liquidity risk iii) Market risk 1. Currency risk 2. Interest rate risk 3. Price risk The Company’s Board of Directors has overall responsibility for the establishment and oversight of the Company’s risk management framework and reviews the Company’s policies on an ongoing basis. i) Credit Risk Credit risk is the risk of financial loss to the Company if a customer or counterparty to a financial instrument fails to meet its contractual obligations and arises principally from the Company’s trade receivables. The carrying value of trade receivables represents the maximum credit exposure. The Company has concentrate contracts to sell the zinc, lead, copper and silver concentrates produced by the Huaron, San Vicente and La Colorada mines. Concentrate contracts are a common business practice in the mining industry. The terms of the concentrate contracts may require the Company to deliver concentrate that has a value greater than the payment received at the time of delivery, thereby introducing the Company to credit risk of the buyers of concentrates. Should any of these counterparties not honour purchase arrangements, or should any of them become insolvent, the Company may incur losses for products already shipped and be forced to sell its concentrates on the spot market or it may not have a market for its concentrates and therefore its future operating results may be materially adversely impacted. At December 31, 2022, the Company had receivable balances associated with buyers of its concentrates of $50.3 million (2021 - $40.0 million). The vast majority of the Company’s concentrate is sold to a limited number of concentrate buyers. Doré production from La Colorada, Dolores, Manantial Espejo, Shahuindo, La Arena, and Timmins is refined under long-term agreements with fixed refining terms at seven separate refineries worldwide. The Company generally retains the risk and title to the precious metals throughout the process of refining and therefore is exposed to the risk that the refineries will not be able to perform in accordance with the refining contract and that the Company may not be able to fully recover precious metals in such circumstances. At December 31, 2022, the Company had approximately $37.0 million (2021 - $52.3 million) of value contained in precious metal inventory at refineries. The Company maintains insurance coverage against the loss of precious metals at the Company’s mine sites, in-transit to refineries and while at the refineries. The refineries bear the risk of loss after metal inventories have been delivered to them. The Company maintains trading facilities with several banks and bullion dealers for the purposes of transacting the Company’s metal sales. None of these facilities are subject to margin arrangements. The Company’s trading activities can expose the Company to the credit risk of its counterparties to the extent that the trading positions have a positive mark-to-market value. However, the Company maintains an active credit management and monitoring program to minimize the risk of excessive credit risk concentration with any single counterparty. Refined silver and gold are sold in the spot market to various bullion traders and banks. Credit risk may arise from these activities if the Company is not paid for metal at the time it is delivered, as required by spot sale contracts. Supplier advances for products and services yet to be provided are a common practice in some jurisdictions in which we operate. These advances represent a credit risk to us to the extent that suppliers do not deliver products or perform services as expected. As at December 31, 2022, we had made $8.9 million of supplier advances (2021 - $11.2 million), which are reflected in “Trade and other receivables” on the consolidated statements of financial position. Management constantly monitors and assesses the credit risk resulting from its refining arrangements, concentrate sales and commodity contracts with its refiners, supplier advances, trading counterparties and customers. Furthermore, management carefully considers credit risk when allocating prospective sales and refining business to counterparties. In making allocation decisions, management attempts to avoid unacceptable concentration of credit risk to any single counterparty. Cash and cash equivalents, trade accounts receivable and other receivables that represent the maximum credit risk to the Company consist of the following: December 31, December 31, Cash and cash equivalents $ 107,005 $ 283,550 Trade accounts receivable (1) 50,258 40,020 Supplier advances (1) 8,914 11,228 Employee loans (1) 338 667 (1) Included in Trade and other receivables. The Company invests its cash and cash equivalents, which also has credit risk, with the objective of maintaining safety of principal and providing adequate liquidity to meet all current payment obligations. ii) Liquidity Risk Liquidity risk is the risk that the Company will not be able to meet its financial obligations as they come due. The Company manages its liquidity risk by continuously monitoring forecasted and actual cash flows. The Company has in place a rigorous planning and budgeting process to help determine the funds required to support the Company’s normal operating requirements on an ongoing basis and its expansion plans. The Company strives to maintain sufficient liquidity to meet its short-term business requirements, taking into account its anticipated cash flows from operations, its holdings of cash and short-term investments, and its committed loan facilities. There was no material change to the Company's exposure to liquidity risk for the year ended December 31, 2022 and 2021. In the normal course of business, the Company enters into contracts that give rise to commitments for future minimum payments. The following tables summarize the remaining contractual maturities of the Company's financial liabilities and operating and capital commitments on an undiscounted basis: Payments due by period 2022 Within 1 year 2 - 3 years 4- 5 years After 5 years Total Accounts payable and accrued liabilities other than: $ 291,436 $ — $ — $ — $ 291,436 Severance liabilities 13,860 1,039 645 4,489 20,033 Payroll liabilities 2,758 — — — 2,758 Total accounts payable and accrued liabilities 308,054 1,039 645 4,489 314,227 Income tax payables 25,833 — — — 25,833 Derivative liabilities 1,780 — — — 1,780 Debt Repayment of principal 13,712 173,435 6,575 — 193,722 Interest and standby fees 11,222 17,681 125 — 29,028 Provisions (1)(2) 3,448 2,423 — 1,081 6,952 Future payroll liabilities 2,465 8,659 — — 11,124 Total contractual obligations (2) $ 366,514 $ 203,237 $ 7,345 $ 5,570 $ 582,666 (1) Total litigation provision (Note 16). (2) Amounts above do not include payments related to closure and decommissioning (current $14.4 million, long-term $281.8 million) discussed in Note 16, lease obligations discussed in Note 17, the $20.8 million deferred credit arising from the Navidad acquisition discussed in Note 20, and deferred tax liabilities of $140.3 million in Note 30. Payments due by period 2021 Within 1 year 2 - 3 years 4- 5 years After 5 years Total Accounts payable and accrued liabilities other than: $ 275,629 $ — $ — $ — $ 275,629 Severance liabilities 26,695 404 33 4,450 31,582 Payroll liabilities 3,763 — — — 3,763 Total accounts payable and accrued liabilities 306,087 404 33 4,450 310,974 Income tax payables 59,133 — — — 59,133 Derivative liabilities 351 — — — 351 Debt Repayment of principal 3,400 6,800 5,100 — 15,300 Interest and standby fees 2,613 4,867 1,432 — 8,912 Provisions (1)(2) 2,738 2,553 — — 5,291 Future payroll liabilities 3,352 9,058 — — 12,410 Total contractual obligations (2) $ 377,674 $ 23,682 $ 6,565 $ 4,450 $ 412,371 (1) Total litigation provision (Note 16). (2) Amounts above do not include payments related to closure and decommissioning (current $5.3 million, long-term $237.6 million) discussed in Note 16, lease obligations discussed in Note 17, the $20.8 million deferred credit arising from the Navidad acquisition discussed in Note 20, and deferred tax liabilities of $184.8 million in Note 30. iii) Market Risk 1. Currency Risk The Company reports its financial statements in USD; however, the Company operates in jurisdictions that utilize other currencies. As a consequence, the financial results of the Company’s operations as reported in USD are subject to changes in the value of the USD relative to local currencies. Since the Company’s sales are denominated in USD and a portion of the Company’s operating costs and capital spending are in local currencies, the Company is negatively impacted by strengthening local currencies relative to the USD and positively impacted by the inverse. The Company’s net earnings are affected by the revaluation of its monetary assets and monetary liabilities at each balance sheet date. The Company has reviewed its monetary assets and monetary liabilities and is exposed to foreign exchange risk through financial assets and liabilities and deferred tax assets and liabilities denominated in currencies other than USD, as shown in the table below. The Company estimates that a 10% change in the exchange rate of the foreign currencies in which its December 31, 2022 non-USD net monetary liabilities were denominated would result in an income before taxes change of about $10.7 million (2021 - $19.3 million). The Company is exposed to currency risk through the following financial assets and liabilities, and deferred tax assets and liabilities denominated in foreign currencies: At December 31, 2022 Cash and Other current and Income taxes Accounts payable Deferred tax Canadian Dollar $ 40,904 $ 2,602 $ — $ (42,345) $ 24,048 Mexican Peso 3,082 32,587 12,649 (42,992) (16,295) Argentine Peso 9,348 9,339 856 (33,479) — Bolivian Boliviano 4,849 6,645 (5,154) (8,655) (4,492) European Euro 40 — — — — Peruvian Sol 3,183 20,233 (523) (28,873) (87,719) Guatemala quetzal 59 105 (63) (7,265) — $ 61,465 $ 71,511 $ 7,765 $ (163,609) $ (84,458) At December 31, 2021 Cash and Other current and Income taxes Accounts payable Deferred tax assets and liabilities (1) Canadian Dollar $ 60,507 $ 3,389 $ — $ (27,448) $ 36,799 Mexican Peso 1,159 7,681 (14,633) (25,985) (64,297) Argentine Peso 12,488 20,358 1,502 (19,525) (13) Bolivian Boliviano 8,397 499 (7,943) (23,914) (6,954) European Euro 49 — — — — Peruvian Sol 8,585 17,295 (22,234) (54,953) (94,367) Guatemala quetzal 169 539 (91) (9,919) — $ 91,354 $ 49,761 $ (43,399) $ (161,744) $ (128,832) At December 31, 2022, the Company had outstanding positions on its foreign currency exposure of Mexican peso ("MXN"), Peruvian sol ("PEN") and Canadian dollar ("CAD") purchases. The Company recorded the following derivative gains and losses on currencies for the year ended December 31, 2022 and 2021: 2022 2021 Mexican peso gains (losses) $ 1,507 $ (202) Peruvian sol gains (losses) 3,471 (3,744) Canadian dollar (losses) gains (2,944) 851 $ 2,034 $ (3,095) 2. Interest Rate Risk Interest rate risk is the risk that the fair values and future cash flows of the Company will fluctuate because of changes in market interest rates. The average interest rate earned by the Company during the year ended December 31, 2022 on its cash and short-term investments was 1.4% (2021 - 0.7%). A 10% increase or decrease in the interest earned from financial institutions on cash and short-term investments would not result in a material change in the Company’s earnings before income taxes (2021 – nil). On August 10, 2021 the Company entered into a $500 million Sustainability-Linked Credit Facility (“SL-Credit Facility”), with a maturity date of August 8, 2025 (Note 18). The SL-Credit Facility incurred a weighted average interest rate of 5.7% during the year ended December 31, 2022 on amounts drawn. There were no amounts drawn on the SL-Credit Facility during the year ended December 31, 2021. At December 31, 2022, the Company had $33.1 million in lease obligations (2021 - $30.6 million), that are subject to an annualized interest rate of 9.7% (2021 - 10.6%). 3. Price Risk Metal price risk is the risk that changes in metal prices will affect the Company’s income or the value of its related financial instruments. The Company derives its revenue from the sale of silver, gold, lead, copper, and zinc. The Company’s sales are directly dependent on metal prices that have shown significant volatility and are beyond the Company’s control. Consistent with the Company’s mission to provide equity investors with exposure to changes in precious metal prices, the Company’s current policy is to not hedge the price of precious metals. A 10% increase in all metal prices as at December 31, 2022, would result in an increase of approximately $149.9 million (2021 – $165.1 million) in the Company’s revenues. A 10% decrease in all metal prices as at the same period would result in a decrease of approximately $151.6 million (2021 - $166.4 million) in the Company’s revenues. The Company also enters into provisional concentrate contracts to sell the zinc, lead and copper concentrates. We have provisionally priced sales for which price finalization, referenced to the relevant zinc, lead, copper and silver index, is outstanding at the balance sheet date. A 10% increase in metals prices on open positions of zinc, lead, copper and silver for provisional concentrate contracts for the year ended December 31, 2022 would result in an increase of approximately $4.9 million (2021 - $7.2 million) in the Company’s before tax earnings, which would be reflected in 2022 results. A 10% decrease in metal prices for the same period would result in a decrease of approximately $4.9 million (2021 - $7.2 million) in the Company’s before tax earnings. The Company mitigates the price risk associated with its base metal production by committing some of its forecasted base metal production from time to time under forward sales and option contracts. The Board of Directors continually assesses the Company’s strategy towards its base metal exposure, depending on market conditions. At December 31, 2022, the Company had outstanding derivative positions on its exposure to zinc and diesel. The Company recorded the following derivative gains and losses on commodities for the year ended December 31, 2022 and 2021: 2022 2021 Zinc gains $ 1,701 $ 137 Copper losses — (1,139) Diesel gains 4,499 9,397 Other (898) 94 $ 5,302 $ 8,489

Short Term Investments

Short Term Investments	12 Months Ended
	Dec. 31, 2022
Subclassifications of assets, liabilities and equities [abstract]
Short Term Investments	9. SHORT-TERM INVESTMENTS December 31, 2022 December 31, 2021 Fair Value Cost Accumulated unrealized holding gains Fair Value Cost Accumulated unrealized holding gains Short-term investments $ 35,337 $ 20,781 $ 14,556 $ 51,723 $ 20,419 $ 31,304

Inventories

Inventories	12 Months Ended
	Dec. 31, 2022
Subclassifications of assets, liabilities and equities [abstract]
Inventories	10. INVENTORIES Inventories consist of: December 31, December 31, Concentrate $ 31,380 $ 30,647 Stockpile 31,309 43,216 Heap leach and in process 258,750 286,266 Doré and finished 86,776 81,448 Materials and supplies 89,715 84,529 Total inventories $ 497,930 $ 526,106 Less: current inventories $ (471,630) $ (500,462) Non-current inventories (1) $ 26,300 $ 25,644 (1) Inventories at Escobal mine, which include $19.0 million (2021 - $18.3 million) in supplies with the remainder attributable to metals, have been classified as non-current pending the restart of operations. Total inventories held at net realizable value amounted to $135.8 million at December 31, 2022 (December 31, 2021 – $203.7 million). The Company recorded write-downs of $97.7 million for the year ended December 31, 2022 (2021 – write-downs of $8.7 million) which were related primarily to heap leach inventories and were included in cost of sales (Note 22). A portion of the stockpile ore amounting to $0.9 million (2021 - $4.4 million) and a portion of the heap leach inventory amounting to $53.9 million (2021 - $92.1 million) are expected to be recovered or settled after more than twelve months.

Mineral Properties, Plant and E

Mineral Properties, Plant and Equipment	12 Months Ended
	Dec. 31, 2022
Property, plant and equipment [abstract]
Mineral Properties, Plant and Equipment	11. MINERAL PROPERTIES, PLANT AND EQUIPMENT Mineral properties, plant and equipment consist of: Mining Properties Depletable Non-depletable Reserves Reserves Exploration Plant and Total Carrying value As at January 1, 2022 Net of accumulated depreciation $ 1,115,905 $ 327,424 $ 426,495 $ 474,727 $ 2,344,551 Additions 237,339 42,808 — 20,470 300,617 Disposals (11,339) — — (5,785) (17,124) Depreciation and amortization (1) (201,277) (6,494) — (113,383) (321,154) Depreciation charge captured in inventory (19,470) — — — (19,470) Impairment charge (73,723) (478) — (24,863) (99,064) Transfers (122,720) 78,860 2,043 41,817 — Closure and decommissioning – changes in estimate (Note 16) 37,998 — — — 37,998 As at December 31, 2022 $ 962,713 $ 442,120 $ 428,538 $ 392,983 $ 2,226,354 Cost as at December 31, 2022 $ 3,123,604 $ 617,364 $ 841,344 $ 1,281,366 $ 5,863,678 Accumulated depreciation and impairments (2,160,891) (175,244) (412,806) (888,383) (3,637,324) Carrying value – December 31, 2022 $ 962,713 $ 442,120 $ 428,538 $ 392,983 $ 2,226,354 (1) Includes $5.1 million of depreciation and amortization included in mine care and maintenance for the year ended December 31, 2022. Mining Properties Depletable Non-depletable Reserves Reserves Exploration Plant and Total Carrying value As at January 1, 2021 Net of accumulated depreciation $ 996,745 $ 307,080 $ 431,650 $ 679,531 $ 2,415,006 Additions 210,484 31,971 7,253 16,766 266,474 Disposals (1,435) — (12,315) (4,542) (18,292) Depreciation and amortization (1) (166,116) (2,105) — (136,072) (304,293) Depreciation charge captured in inventory (21,249) — — — (21,249) Transfers 90,571 (9,522) (93) (80,956) — Closure and decommissioning – changes in estimate (Note 16) 6,905 — — — 6,905 As at December 31, 2021 $ 1,115,905 $ 327,424 $ 426,495 $ 474,727 $ 2,344,551 Cost as at December 31, 2021 $ 3,140,594 $ 343,705 $ 839,427 $ 1,288,392 $ 5,612,118 Accumulated depreciation and impairments (2,024,689) (16,281) (412,932) (813,665) (3,267,567) Carrying value – December 31, 2021 $ 1,115,905 $ 327,424 $ 426,495 $ 474,727 $ 2,344,551 (1) Includes $1.3 million of depreciation and amortization included in mine care and maintenance for the year ended December 31, 2021. December 31, 2022 December 31, 2021 Cost Accumulated Depreciation (4) Carrying Cost Accumulated Depreciation (4) Carrying Producing properties: Huaron, Peru $ 231,282 $ (143,171) $ 88,111 $ 224,700 $ (141,902) $ 82,798 Morococha, Peru (1) — — — 277,105 (188,821) 88,284 Shahuindo, Peru 636,466 (179,389) 457,077 590,096 (132,727) 457,369 La Arena, Peru 286,235 (142,979) 143,256 208,306 (105,006) 103,300 La Colorada, Mexico 403,698 (205,054) 198,644 355,471 (185,684) 169,787 Dolores, Mexico (1) 1,783,711 (1,586,424) 197,287 1,738,040 (1,350,908) 387,132 Manantial Espejo, Argentina (1) (3) 518,374 (518,374) — 518,931 (500,244) 18,687 San Vicente, Bolivia 156,260 (119,336) 36,924 151,045 (110,829) 40,216 Timmins, Canada 359,414 (133,120) 226,294 335,488 (103,903) 231,585 Other 29,530 (21,427) 8,103 29,804 (18,330) 11,474 $ 4,404,970 $ (3,049,274) $ 1,355,696 $ 4,428,986 $ (2,838,354) $ 1,590,632 Non-Producing Properties: Land $ 6,879 $ (1,011) $ 5,868 $ 6,373 $ (871) $ 5,502 Navidad, Argentina (1) 566,577 (376,141) 190,436 566,577 (376,101) 190,476 Escobal, Guatemala 260,390 (3,078) 257,312 257,390 (1,842) 255,548 Timmins, Canada 63,043 — 63,043 63,018 — 63,018 Shahuindo, Peru 1,376 — 1,376 3,549 — 3,549 La Arena, Peru 117,000 — 117,000 117,005 — 117,005 Minefinders, Mexico (1) 77,210 (37,453) 39,757 78,443 (36,975) 41,468 La Colorada, Mexico 94,672 — 94,672 55,370 — 55,370 Morococha, Peru (2) 238,827 (158,101) 80,726 2,981 — 2,981 Other 32,734 (12,266) 20,468 32,426 (13,424) 19,002 $ 1,458,708 $ (588,050) $ 870,658 $ 1,183,132 $ (429,213) $ 753,919 Total $ 5,863,678 $ (3,637,324) $ 2,226,354 $ 5,612,118 $ (3,267,567) $ 2,344,551 (1) Includes previously recorded impairment charges at December 31, 2022 of $635.5 million (2021 - $536.4 million) at Dolores, $173.4 million (2021 - $173.4 million) at Manantial Espejo, $386.1 million (2021 - $386.1 million) at Navidad, and $37.0 million (2021 - $37.0 million) at Minefinders. (2) Morococha was placed on care and maintenance in February 2022. (3) Manantial Espejo ceased production subsequent to year end. (4) Includes impairments.

Impairment

Impairment	12 Months Ended
	Dec. 31, 2022
Impairment and Reversal of Impairment and Goodwill [Abstract]
Impairment	12. IMPAIRMENT As at December 31, 2022, the Company reviewed its CGUs, represented by its principal producing mining properties and significant development projects, for indicators of impairment or impairment reversal. The CGU carrying amount for purposes of this assessment includes the carrying value of the mineral properties plant and equipment and goodwill less deferred tax liabilities and closure and decommissioning liabilities related to each CGU. The Company did not identify any indicators of impairment or impairment reversal at any of its CGUs. The Company's impairment expense in respect of the following CGUs for the year ended December 31, 2022 were as follows: 2022 2021 Dolores impairment expense $ 99,064 $ — Dolores On June 30, 2022 the Company identified an impairment indicator in the Dolores Mine CGU due to the year-to-date 2022 silver and gold production being less than that expected by management, driven by an ore reconciliation shortfall experienced in a recent higher grade phase of the Dolores open pit mined in 2022, which was expected to affect production for the remainder of the year combined with the impact of inflationary pressures on this asset which has a shorter remaining mine life. Accordingly, management completed a recoverable value assessment of the Dolores Mine CGU, with, the Company recognizing an impairment expense of $99.1 million, against the carrying value of the Dolores Mine CGU at June 30, 2022, and recorded an NRV adjustment of $55.4 million (Note 10) (Collectively, the "Dolores Impairment"). The recoverable amount was determined applying a fair value less cost to sell methodology based on future after-tax cash flows expected to be derived from Dolores Mine discounted with a 6% weighted average cost of capital, a Level 3 fair value measurement. The projected cash flows used in impairment testing are significantly affected by changes in assumptions for metal prices, changes in the amount of recoverable reserves, production costs estimates and capital expenditures estimates. For the year ended December 31, 2022, the Company's impairment testing incorporated the following key assumptions: a) Pricing Assumptions Metal pricing included in the cash flow projections is based on consensus analyst pricing. The metal price assumptions used in the impairment assessment were the following: At June 30, 2022 2022-2025 2026 and Gold (per ounce) $ 1,802 $ 1,651 Silver (per ounce) 23.56 21.77 b) Additional Dolores-specific assumptions affecting the recoverable amount assessment In 2022, the recoverable amount of the Dolores Mine CGU was negatively impacted by the following: i) the updated mineral resource and remaining life of mine plan indicates a reduction in the assumed grades for a phase to be mined in 2022, following 2022 year-to-date silver and gold production being less than expected due to lower than expected grades encountered in this section of the open pit; ii) inflationary pressures, which have particularly affected this shorter-life asset where most of the mining will be completed in the next two years; iii) the suspension of underground mining operations in the first half of 2022 due to inflationary cost pressures, and the subsequent reclassification of underground mineral reserves to mineral resources; and,

Investment in Associates

Investment in Associates	12 Months Ended
	Dec. 31, 2022
Disclosure of associates [abstract]
Investment in Associates	13. LONG-TERM INVESTMENT The following table shows a continuity of the Company's investment in Maverix which was initially classified as an equity investee and subsequently as a long-term investment recorded at FVTOCI: Long-term investment Investment in Associate At December 31, 2020 $ — $ 71,560 $ 71,560 Acquisition of shares in associate — 2,616 2,616 Equity pick-up from equity investees — 4,510 4,510 Dilution losses — (34) (34) Adjustment for change in ownership interest — (22) (22) Dividends received — (1,220) (1,220) At December 31, 2021 $ — $ 77,410 $ 77,410 Equity pick-up from equity investees — 413 413 Dividends received — (325) (325) Loss of significant influence 124,677 (77,498) 47,179 Investment revaluation reserve fair value adjustment (3,477) — (3,477) At December 31, 2022 $ 121,200 $ — $ 121,200 On January 19, 2023, Triple Flag Precious Metals Corp. ("Triple Flag") and Maverix completed a plan of arrangement in which Triple Flag issued a total of 45.1 million common shares and $86.7 million in cash to former Maverix shareholders (the "Maverix Sale"). As a result, the Company received $58.8 million in cash and 3,954,471 Triple Flag shares in exchange for its interest in Maverix comprised of 25,974,571 common shares. On January 26, 2023, the Company sold its entire interest in Triple Flag for net proceeds of $46.5 million after $1.3 million in commission fees. On March 31, 2022, the Company determined that it no longer held significant influence over Maverix due to declining to exercise its right to nominate a representative to serve as a director on Maverix’s Board of Directors and accordingly the Company no longer has the power to participate in the financial and operating policy decisions of Maverix. As a result, the Company recorded a $44.6 million gain concurrent with the redesignation of its investment in Maverix from Investment in Associate, accounted using the "equity method" whereby the Company recorded in income its ownership proportion of Maverix estimated earnings, into a long-term financial asset recorded at FVTOCI.

Goodwill and Other Assets

Goodwill and Other Assets	12 Months Ended
	Dec. 31, 2022
Miscellaneous non-current assets [abstract]
Goodwill and Other Assets	14. GOODWILL AND OTHER ASSETS Other assets consist of: December 31, December 31, Goodwill $ 2,775 $ 2,775 Equity investments 2,059 1,247 Other assets 1,075 1,124 $ 5,909 $ 5,146

Accounts Payable

Accounts Payable	12 Months Ended
	Dec. 31, 2022
Trade and other current payables [abstract]
Accounts Payable	Accounts payable and accrued liabilities consist of: December 31, December 31, Trade accounts payable (1) $ 88,808 $ 77,461 Royalty payables 20,886 24,113 Other accounts payable and accrued liabilities 111,282 107,207 Payroll and severance liabilities 66,608 64,968 Value added tax liabilities 8,508 12,006 Other tax payables 11,962 20,332 $ 308,054 $ 306,087 (1) No interest is charged on the trade accounts payable ranging from 30 to 60 days from the invoice date. The Company has policies in place to ensure that all payables are paid within the credit terms.

Provisions

Provisions	12 Months Ended
	Dec. 31, 2022
Provisions [abstract]
Provisions	16. PROVISIONS 2022 2021 Closure and decommissioning, opening balance $ 242,861 $ 235,110 Revisions in estimates and obligations incurred 42,754 6,278 Reclamation expenditures (4,228) (5,997) Accretion expense (Note 25) 14,841 7,470 Closure and decommissioning, closing balance $ 296,228 $ 242,861 Litigation 6,952 5,291 Total provisions $ 303,180 $ 248,152 Provision classification: December 31, December 31, Current $ 17,853 $ 8,041 Non-current 285,327 240,111 $ 303,180 $ 248,152 Closure and Decommissioning Cost Provision The inflated and discounted provisions on the statement of financial position as at December 31, 2022, using inflation rates of between 2% and 6% (2021 – between 1% and 5%) and discount rates of between 3% and 11% (2021 - between 1% and 9%), was $296.2 million (2021 - $242.9 million). Revisions made to the reclamation obligations in 2022 were primarily a result of increased site disturbance at the mines as well as revisions to the estimate based on periodic reviews of closure plans, actual expenditures incurred and concurrent closure activities completed. These obligations will be funded from operating cash flows, reclamation deposits and cash on hand. The accretion expense charged to 2022 earnings as finance expense was $14.8 million (2021 - $7.5 million). Reclamation expenditures paid during the current year were $4.2 million (2021 - $6.0 million). Litigation Provision

Leases

Leases	12 Months Ended
	Dec. 31, 2022
Disclosure of Leases [Abstract]
Leases	17. LEASES a. ROU assets The following table summarizes changes in ROU assets for the year ended December 31, 2022, which have been recorded in mineral properties, plant and equipment on the consolidated statements of financial position: December 31, December 31, Opening net book value $ 29,496 $ 33,543 Additions 18,977 9,924 Depreciation (14,961) (12,444) Other (3,249) (1,527) Closing net book value $ 30,263 $ 29,496 b. Lease obligations The following table presents a reconciliation of the Company's undiscounted cash flows at December 31, 2022 and December 31, 2021 to their present value for the Company's lease obligations: December 31, December 31, Within one year $ 14,139 $ 11,690 Between one and five years 17,592 16,676 Beyond five years 14,412 16,934 Total undiscounted lease obligations 46,143 45,300 Less future interest charges (13,029) (14,739) Total discounted lease obligations 33,114 30,561 Less: current portion of lease obligations (13,608) (10,663) Non-current portion of lease obligations $ 19,506 $ 19,898

Debt

Debt	12 Months Ended
	Dec. 31, 2022
Borrowings [abstract]
Debt	18. DEBT December 31, 2021 Proceeds Repayments December 31, 2022 SL-Credit Facility $ — $ 160,000 $ — $ 160,000 Other 15,300 23,661 5,239 33,722 Less: current portion $ (3,400) $ — $ — $ (13,712) Non-current $ 11,900 $ 183,661 $ 5,239 $ 180,010 December 31, 2020 Proceeds Repayments December 31, 2021 SL-Credit Facility $ — $ — $ — $ — Other — 17,000 1,700 15,300 Less: current portion $ — $ — $ — $ (3,400) Non-current $ — $ 17,000 $ 1,700 $ 11,900 SL-Credit Facility In November 2022, as agreed under the terms of the Transaction (Note 1), the Company provided Yamana $150 million towards a termination fee payable to Gold Fields Limited (“Gold Fields) in connection with the now terminated acquisition proposal of Yamana by Gold Fields (Note 24). To fund this payment and other transaction and integration costs during the fourth quarter of 2022, the Company drew proceeds of $160 million from its SL-Credit Facility. Please refer to Note 33 for further details. On August 10, 2021, Pan American entered into an amendment agreement to amend and extend its $500 million Credit Facility, with a maturity date of February 1, 2023, into a $500 million SL-Credit Facility that matures on August 8, 2025. The SL-Credit Facility features a mechanism that allows for pricing adjustments on drawn and undrawn balances based on the Company's sustainability performance ratings and scores published by MSCI and S&P Global. In addition, the financial covenants include the requirement for the Company to maintain: (i) a leverage ratio less than or equal to 3.5:1; and (ii) an interest coverage ratio more than or equal to 3.0:1. The Company was in compliance with all covenants required by the SL-Credit Facility. The SL-Credit Facility can be drawn down at any time to finance the Company’s working capital requirements, acquisitions, investments and for general corporate purposes. The borrowing costs under the Company's SL-Credit Facility are based on the Company's leverage ratio subject to pricing adjustments based on the Company's sustainability performance ratings and scores at either (i) LIBOR plus 1.825% to 2.80% or; (ii) The Bank of Nova Scotia's Base Rate on U.S. dollar denominated commercial loans plus 0.825% to 1.80%. Undrawn amounts under the SL-Credit Facility are subject to a stand-by fee of 0.41% to 0.63% per annum, dependent on the Company's leverage ratio and subject to pricing adjustments based on sustainability performance ratings and scores. Other loans From May 2022 to December 2022, the Company entered into Peruvian USD denominated promissory notes with a local financial institution in Peru, maturing in under 30 days, to provide short-term funding for the purpose of certain construction activities in advance of entering into term loans. In June 2021 and May 2022, the Company entered into Peruvian USD denominated five-year Loans with that same local financial institution for construction financing. The promissory notes bear a 5.6% interest rate per annum and the June 2021 loan bears a 3.6% interest rate per annum and requires quarterly repayments while the May 2022 loan bears 2.2% interest per annum and requires monthly repayments.

Other Long Term Liabilities

Other Long Term Liabilities	12 Months Ended
	Dec. 31, 2022
Subclassifications of assets, liabilities and equities [abstract]
Other Long Term Liabilities	20. OTHER LONG-TERM LIABILITIES Other long term liabilities consist of: December 31, December 31, Deferred credit (1) $ 20,788 $ 20,788 Other tax payables — 16 Severance liabilities 6,172 4,887 $ 26,960 $ 25,691 (1) Represents the obligation to deliver future silver production of Navidad pursuant to a silver stream contract.

Share-Based Compensation And Ot

Share-Based Compensation And Other Related Information	12 Months Ended
	Dec. 31, 2022
Disclosure of share-based payment arrangements [Abstract]
Share-Based Compensation And Other Related Information	21. SHARE CAPITAL AND EMPLOYEE COMPENSATION PLANS a. Stock options and compensation shares For the year ended December 31, 2022, the total share-based compensation expense relating to stock options and compensation shares was $3.9 million (2021 - $5.1 million) and is presented as a component of general and administrative expense. • Stock options During the year ended December 31, 2022, the Company granted 191,649 (2021 – 53,115) stock options. During the year ended December 31, 2022, the Company issued 79,542 (2021 – 65,780) common shares in connection with the exercise of stock options. • Compensation shares During the year ended December 31, 2022, the Company issued 14,745 (2021 - 9,646) common shares to the Board of Directors in lieu of Directors' fees of $0.3 million (2021 - $0.3 million). The following table summarizes changes in stock options for the years ended December 31,: Stock Options Outstanding Weighted As at December 31, 2020 317,417 $ 18.78 Granted 53,115 30.70 Exercised (65,780) 11.77 Expired (2,162) 41.62 Forfeited (23,587) 32.27 As at December 31, 2021 279,003 $ 21.38 Granted 191,649 22.95 Exercised (79,542) 15.12 Expired (4,324) 41.62 Forfeited (9,819) 31.32 As at December 31, 2022 376,967 $ 23.01 The following table summarizes information about the Company's stock options outstanding at December 31, 2022: Options Outstanding Options Exercisable Range of Exercise Prices CAD$ Number Outstanding as at December 31, 2022 Weighted Average Weighted Number Outstanding as at December 31, 2022 Weighted $17.53 - $23.03 290,657 5.6 $ 21.17 99,008 $ 17.72 $23.04 - $28.54 35,409 2.7 $ 25.35 35,409 $ 25.35 $28.55 - $34.04 43,993 5.9 $ 30.70 14,668 $ 30.70 $34.05 - $39.48 6,908 4.9 $ 39.48 6,908 $ 39.48 376,967 5.3 $ 23.01 155,993 $ 21.64 The following assumptions were used in the Black-Scholes option pricing model in determining the fair value of options granted during the years ended December 31,: 2022 2021 Expected life (years) 4.5 4.0 Expected volatility 44.3 % 44.0 % Expected dividend yield 2.7 % 2.4 % Risk-free interest rate 3.4 % 1.9 % Weighted average exercise price (CAD$) $ 22.95 $ 30.70 Weighted average fair value (CAD$) $ 7.69 $ 9.39 b. PSUs PSUs are notional share units that mirror the market value of the Company’s common shares. Each vested PSU entitles the participant to a cash payment equal to the value of an underlying share, less applicable taxes, at the end of the term, plus the cash equivalent of any dividends distributed by the Company during the three-year performance period. PSU grants will vest on the date that is three years from the date of grant subject to certain exceptions. Performance results at the end of the performance period relative to predetermined performance criteria and the application of the corresponding performance multiplier determine how many PSUs vest for each participant. The Board of Directors approved the issuance of 150,469 PSUs for 2022 with a share price of CAD $21.16 (2021 - 79,417 PSUs approved at a share price of CAD $32.72). The Company recorded a $nil and $1.9 million expense, respectively, in general and administrative expense for PSUs for the years ended December 31, 2022 and 2021. The following table summarizes changes in PSUs for the years ended December 31, 2022 and 2021: PSU Number Outstanding Fair Value As at December 31, 2020 255,559 $ 8,870 Granted 79,417 2,049 Paid out (117,328) (4,539) Change in value — (901) As at December 31, 2021 217,648 $ 5,479 Granted 150,469 2,456 Paid out (80,159) (828) Change in value — (2,319) As at December 31, 2022 287,958 $ 4,788 c. RSUs Under the Company’s RSU plan, selected employees are granted RSUs where each RSU has a value equivalent to one Pan American common share. At the time of settlement, the Board of Directors has the discretion to settle the RSUs with cash or common shares. The RSUs vest in three installments, the first 33.3% vest on the first anniversary date of the grant, the second 33.3% vest on the second anniversary date of the grant, and a further 33.3% vest on the third anniversary date of the grant. Additionally, RSU value is adjusted to reflect dividends paid on common shares over the vesting period. The Company recorded a $1.5 million and $1.8 million expense, respectively, in general and administrative expense for RSUs for the years ended December 31, 2022 and 2021. The following table summarizes changes in RSUs for the years ended December 31, 2022 and 2021: RSU Number Outstanding Fair Value As at December 31, 2020 396,572 $ 13,730 Granted 240,366 5,818 Paid out (197,320) (4,829) Forfeited (13,218) (329) Change in value — (3,699) As at December 31, 2021 426,400 $ 10,691 Granted 341,060 5,567 Paid out (198,344) (3,402) Forfeited (17,324) (283) Change in value — (3,453) As at December 31, 2022 551,792 $ 9,120 d. Authorized share capital The Company is authorized to issue 400,000,000 common shares without par value. e. Dividends The Company declared the following dividends for the years ended December 31, 2022 and 2021: Declaration date Record date Dividend per common share February 22, 2023 (1) March 6, 2023 $ 0.10 November 9, 2022 November 21, 2022 $ 0.10 August 10, 2022 August 22, 2022 $ 0.11 May 11, 2022 May 24, 2022 $ 0.12 February 23, 2022 March 7, 2022 $ 0.12 November 9, 2021 November 22, 2021 $ 0.10 August 10, 2021 August 23, 2021 $ 0.10 May 12, 2021 May 25, 2021 $ 0.07 February 17, 2021 March 1, 2021 $ 0.07 (1) These dividends were declared subsequent to the year end and have not been recognized as distributions to owners during the period presented. f. CVRs

Production Costs

Production Costs	12 Months Ended
	Dec. 31, 2022
Analysis of income and expense [abstract]
Production Costs	22. PRODUCTION COSTS Production costs are comprised of the following: 2022 2021 Materials and consumables $ 414,302 $ 381,446 Salaries and employee benefits (1) 310,715 317,081 Contractors 232,096 226,095 Utilities 56,204 48,675 Other expenses 30,843 34,165 Changes in inventories (2) 50,271 (81,983) $ 1,094,431 $ 925,479 (1) Salaries and employee benefits is comprised of: 2022 2021 Wages, salaries and bonuses $ 328,384 $ 352,736 Severances (3) 23,884 — Share-based compensation 3,936 5,128 Total employee compensation and benefit expenses 356,204 357,864 Less: Expensed within General and Administrative expenses (26,179) (31,230) Less: Expensed within Care and Maintenance expenses (11,721) (4,310) Less: Expensed within Exploration expenses (7,589) (5,243) Employee compensation and benefits expenses included in production costs $ 310,715 $ 317,081 (2) Includes NRV adjustments to inventory to increase production costs by $97.7 million for the year ended December 31, 2022 (2021 - increase by $8.7 million). (3) Includes $15.5 million, $5.6 million and $2.8 million of severances at Manantial Espejo, Morococha and Dolores respectively for the year ended December 31, 2022 (2021 - $nil).

Mine Care and Maintenance

Mine Care and Maintenance	12 Months Ended
	Dec. 31, 2022
Analysis of income and expense [abstract]
Mine Care and Maintenance	23. MINE CARE AND MAINTENANCE 2022 2021 Escobal $ 24,594 $ 24,357 Morococha (1) 15,533 — Navidad 4,996 7,423 $ 45,123 $ 31,780 (1) Morococha was placed on care and maintenance in February 2022.

Interest and Finance Expense

Interest and Finance Expense	12 Months Ended
	Dec. 31, 2022
Borrowing costs [abstract]
Interest and Finance Expense	25. INTEREST AND FINANCE EXPENSE 2022 2021 Interest expense $ 5,311 $ 3,660 Finance fees 2,311 5,068 Accretion expense (Note 16) 14,841 7,470 $ 22,463 $ 16,198

Earnings Per Share (Basic and D

Earnings Per Share (Basic and Diluted)	12 Months Ended
	Dec. 31, 2022
Earnings per share [abstract]
Earnings Per Share (Basic and Diluted)	26. EARNINGS PER SHARE ("EPS") For the year ended December 31, 2022 2021 Earnings (1) Shares (000’s) EPS Earnings Shares (000’s) EPS Net (loss) earnings $ (341,748) $ 97,428 Basic (loss) earnings per share $ (341,748) 210,521 $ (1.62) $ 97,428 210,298 $ 0.46 Effect of dilutive securities: Stock options — — — 137 Diluted (loss) earnings per share $ (341,748) 210,521 $ (1.62) $ 97,428 210,435 $ 0.46 (1) Net earnings attributable to equity holders of the Company. The following securities were excluded in the computation of diluted earnings per share because they were anti-dilutive but they have the potential to dilute basic earnings per share in the future: 2022 2021 Potential dilutive securities: Share options 376,967 65,044 Potential shares from CVR conversion (1) 15,600,034 15,600,034 15,977,001 15,665,078 (1) There were 313,883,990 CVRs outstanding at December 31, 2022 (2021 - 313,883,990)

Supplemental Cash Flow Informat

Supplemental Cash Flow Information	12 Months Ended
	Dec. 31, 2022
Disclosure of cash flow statement [Abstract]
Supplemental Cash Flow Information	27. SUPPLEMENTAL CASH FLOW INFORMATION The following tables summarize other adjustments for non-cash statement of earnings items, changes in operating working capital items and significant non-cash items: Other operating activities 2022 2021 Adjustments for non-cash statement of earnings items: Unrealized foreign exchange losses $ 12,840 $ 6,703 Interest expense (Note 25) 5,311 3,660 Gains on derivatives (Note 8(d)) (7,336) (5,393) Share-based compensation expense 3,936 5,128 Losses (gains) on disposition of mineral properties, plant and equipment (Note 11) 2,439 (32,167) $ 17,190 $ (22,069) The following tables summarize other adjustments for non-cash statement of earnings items, changes in operating working capital items and significant non-cash items: Changes in non-cash operating working capital items: 2022 2021 Trade and other receivables $ (12,692) $ (2,874) Inventories (50,035) (82,885) Prepaid expenses 2,546 1,049 Accounts payable and accrued liabilities 20,711 18,086 Provisions (2,567) (4,445) $ (42,037) $ (71,069) Cash and Cash Equivalents December 31, December 31, Cash in banks $ 107,005 $ 283,550

Segment Information

Segment Information	12 Months Ended
	Dec. 31, 2022
Disclosure of entity's operating segments [Abstract]
Segmented Information	28. SEGMENTED INFORMATION The Company reviews its segment reporting to ensure it reflects the operational structure of the Company and enables the Company's Chief Operating Decision Maker to review operating segment performance. We have determined that each producing mine and significant development property represents an operating segment. The Company has organized its reportable and operating segments by significant revenue streams and geographic regions. Significant information relating to the Company’s reportable operating segments is summarized in the table below: For the year ended December 31, 2022 Segment/Country Mine Revenue Production costs and royalties Depreciation Mine operating earnings Capital expenditures (1) Silver Segment: Mexico La Colorada $ 155,039 $ 98,695 $ 20,249 $ 36,095 $ 91,682 Peru Huaron 145,730 100,511 11,836 33,383 15,574 Morococha (2) 22,059 20,642 2,332 (915) 1,252 Bolivia San Vicente 76,935 59,596 8,744 8,595 7,156 Argentina Manantial Espejo (3) 105,073 112,670 23,050 (30,647) 4,263 Guatemala Escobal — — — — 1,606 Total Silver Segment 504,836 392,114 66,211 46,511 121,533 Gold Segment: Mexico Dolores 303,934 301,892 129,803 (127,761) 35,855 Peru Shahuindo 266,375 146,179 44,503 75,693 44,604 La Arena 175,865 103,869 34,674 37,322 47,970 Canada Timmins 243,708 186,266 38,640 18,802 37,652 Total Gold Segment 989,882 738,206 247,620 4,056 166,081 Other segment: Canada Pas Corp — — 439 (439) 348 Argentina Navidad — — — — 50 Other Other — — 1,766 (1,766) 1,509 Total $ 1,494,718 $ 1,130,320 $ 316,036 $ 48,362 $ 289,521 (1) Includes payments for mineral properties, plant and equipment and payment of equipment leases. (2) Morococha was placed on care and maintenance in February 2022. (3) Manantial Espejo ceased production subsequent to year end. For the year ended December 31, 2021 Segment/Country Mine Revenue Production costs and royalties Depreciation Mine operating earnings Capital expenditures (1) Silver Segment: Mexico La Colorada $ 130,112 $ 75,192 $ 20,505 $ 34,415 $ 65,532 Peru Huaron 154,634 90,126 11,564 52,944 10,897 Morococha 108,699 75,182 13,738 19,779 8,329 Bolivia San Vicente 80,446 54,569 9,276 16,601 5,340 Argentina Manantial Espejo 127,445 106,874 16,031 4,540 7,575 Guatemala Escobal — — — — 778 Total Silver Segment 601,336 401,943 71,114 128,279 98,451 Gold Segment: Mexico Dolores 342,556 186,285 106,397 49,874 40,566 Peru Shahuindo 255,771 115,009 42,600 98,162 27,678 La Arena 194,582 84,243 41,362 68,977 45,479 Canada Timmins 238,505 174,374 39,768 24,363 42,298 Total Gold Segment 1,031,414 559,911 230,127 241,376 156,021 Other segment: Canada Pas Corp — — 407 (407) 332 Argentina Navidad — — — — 90 Other Other — — 1,310 (1,310) 980 Total $ 1,632,750 $ 961,854 $ 302,958 $ 367,938 $ 255,874 (1) Includes payments for mineral properties, plant and equipment and payment of equipment leases. At December 31, 2022 Segment/Country Mine Assets Liabilities Net assets Silver Segment: Mexico La Colorada $ 375,381 $ 52,018 $ 323,363 Peru Huaron 122,535 51,486 71,049 Morococha (1) 102,193 31,240 70,953 Bolivia San Vicente 82,509 47,380 35,129 Argentina Manantial Espejo (2) 47,772 40,477 7,295 Guatemala Escobal 291,118 19,374 271,744 Total Silver Segment 1,021,508 241,975 779,533 Gold Segment: Mexico Dolores 415,143 155,772 259,371 Peru Shahuindo 602,443 199,560 402,883 La Arena 368,277 155,120 213,157 Canada Timmins 382,043 67,971 314,072 Total Gold Segment 1,767,906 578,423 1,189,483 Other segment: Canada Pas Corp 178,986 182,920 (3,934) Argentina Navidad 193,923 2,600 191,323 Other 86,175 40,962 45,213 Total $ 3,248,498 $ 1,046,880 $ 2,201,618 (1) Morococha was placed on care and maintenance in February 2022. (2) Manantial Espejo ceased production subsequent to year end. At December 31, 2021 Segment/Country Mine Assets Liabilities Net assets Silver Segment: Mexico La Colorada $ 299,038 $ 52,934 $ 246,104 Peru Huaron 117,514 59,975 57,539 Morococha 124,607 40,494 84,113 Bolivia San Vicente 88,924 53,264 35,660 Argentina Manantial Espejo 71,012 29,017 41,995 Guatemala Escobal 287,811 19,833 267,978 Total Silver Segment 988,906 255,517 733,389 Gold Segment: Mexico Dolores 750,220 193,638 556,582 Peru Shahuindo 591,164 199,450 391,714 La Arena 317,371 106,799 210,572 Canada Timmins 419,106 62,196 356,910 Total Gold Segment 2,077,861 562,083 1,515,778 Other segment: Canada Pas Corp 176,006 16,492 159,514 Argentina Navidad 193,077 — 193,077 Other 82,734 48,484 34,250 $ 3,518,584 $ 882,576 $ 2,636,008 Product Revenue 2022 2021 Refined silver and gold $ 1,106,793 $ 1,177,388 Zinc concentrate 98,341 119,059 Lead concentrate 167,673 145,524 Copper concentrate 65,096 133,025 Silver concentrate 56,815 57,754 Total $ 1,494,718 $ 1,632,750 The Com pany has 26 customers that account for 100% of the concentrate and silver and gold sales revenue. The Company has 3 customers that accounted for 28%, 14% and 12% of total sales in 2022, and 4 customers that accounted for 21%, 13%, 12%, and 11% of total sales in 2021. The loss of certain of these customers or curtailment of purchases by such customers could have a material adverse effect on the Company’s financial performance, financial position, and cash flows.

Other Expenses

Other Expenses	12 Months Ended
	Dec. 31, 2022
Analysis of income and expense [abstract]
Other Expenses	29. OTHER EXPENSE (INCOME) 2022 2021 Change in closure and decommissioning estimates (1) $ 4,694 $ 246 Change in provisions 5,011 1,323 Investment income (5,371) (484) Other income (2,219) (1,121) Total $ 2,115 $ (36) (1) Relates to changes in estimates after the completion of mining activities.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2022
Disclosure of income tax [Abstract]
Income Taxes	30. INCOME TAXES Components of Income Tax Expense 2022 2021 Current tax expense (recovery) Recognized in profit or loss in current year $ 85,325 $ 134,947 Adjustments recognized in the current year with respect to prior years (2,308) 147 83,017 135,094 Deferred tax expense (recovery) Deferred tax expense (recovery) recognized in the current year (34,184) 14,194 Adjustments recognized in the current year with respect to prior years 366 56 Derecognition of previously unrecognized deferred tax assets 9,065 — Benefit from previously unrecognized losses, and other temporary differences — 508 Impact of impairments on deferred tax assets and liabilities (3,825) — Decrease in deferred tax liabilities due to tax impact of NRV charge to inventory (15,321) (3,423) (43,899) 11,335 Income tax expense $ 39,118 $ 146,429 Income tax expense differs from the amounts that would result from applying the Canadian federal and provincial income tax rates to earnings before income tax. These differences result from the items shown on the following table, which result in an effective tax rate that varies considerably from the comparable period. The factors which have affected the effective tax rate for the year ended December 31, 2022 and the comparable period of 2021 were changes in the recognition of certain deferred tax assets primarily due to the Dolores impairment, foreign exchange fluctuations, mining taxes paid, and withholding taxes on payments from foreign subsidiaries. In the year ended December 31, 2022, as a result of terminating its arrangement agreement with Gold Fields Limited, Yamana was required to pay Gold Fields Limited a termination fee of $300 million. One-half of this amount was funded by the Company. The Company has treated this as a capital cost of acquiring Yamana Gold Inc., pursuant to the applicable Canadian income tax legislation. Since the Company controls the timing of the reversal of this deductible temporary difference, no deferred tax benefit could be recorded for this amount. The tax impact caused by this treatment effectively increased tax expense by $39.8 million in the current quarter. The Company continues to expect that these and other factors will continue to cause volatility in effective tax rates in the future. Reconciliation of Effective Income Tax Rate 2022 2021 Earnings (loss) before taxes and non-controlling interest $ (300,945) $ 244,991 Statutory Canadian income tax rate 27.00 % 27.00 % Income tax expense (recovery) based on above rates $ (81,255) $ 66,148 Increase (decrease) due to: Non-deductible expenditures 7,465 6,192 Foreign tax rate differences (11,717) 15,969 Change in net deferred tax assets not recognized (1) 22,296 20,574 Derecognition of deferred tax assets previously recognized (2) 50,356 — Effect of other taxes paid (mining and withholding) 15,658 25,846 Effect of foreign exchange on tax expense (21,541) 14,337 Non-taxable impact of foreign exchange 6,310 (1,203) Change in non-deductible portion of reclamation liabilities 12,157 2,380 Unrecognized tax benefit on termination fee related to the Yamana acquisition 39,750 — Other (361) (3,814) Income tax expense $ 39,118 $ 146,429 Effective income tax rate (13.00) % 59.77 % (1) Includes deferred taxes related to amounts recorded in other comprehensive income for the year-end December 31, 2022 of $0.5 million with no amounts recognized in the comparative period. (2) Attributable to the loss of attributes resulting from the Dolores impairment in Q2 2022 (Note 12). Deferred tax assets and liabilities The following is the analysis of the deferred tax assets (liabilities) presented in the consolidated financial statements: 2022 2021 Net deferred tax liabilities, beginning of year $ (128,832) $ (117,461) Recognized in net earnings in the year 43,899 (11,335) Recognized in other comprehensive income (loss) in year (1) 469 — Other 6 (36) Net deferred liabilities, end of year (84,458) (128,832) Deferred tax assets 55,879 55,953 Deferred tax liabilities (140,337) (184,785) Net deferred tax liabilities $ (84,458) $ (128,832) (1) Deferred tax impact related to unrealized loss on long-term investment (see Note 13). Components of deferred tax assets and liabilities The deferred tax assets (liabilities) are comprised of the various temporary differences, as detailed below: 2022 2021 Deferred tax assets (liabilities) arising from: Closure and decommissioning costs $ 23,482 $ 27,742 Tax losses, resource pools and mining tax credits 83,819 92,928 Deductible Mexican mining taxes 3,974 4,682 Accounts payable and accrued liabilities 26,920 22,119 Trade and other receivables 17,634 29,163 Provision for doubtful debts and inventory adjustments 3,136 (28,153) Short-term investments (11,665) (7,941) Mineral properties, plant, and equipment (217,255) (245,126) Estimated sales provisions (19,263) (30,466) Other temporary differences and provisions 4,760 6,220 Net deferred tax liabilities $ (84,458) $ (128,832) At December 31, 2022, the net deferred tax liability above included the deferred tax asset of $83.8 million, which includes the benefits from tax losses ($28.1 million) and resource pools ($55.7 million). The decrease of $9.1 million in this deferred tax asset is mainly due to the slower than expected utilization of tax attributes against income from Timmins West and Bell Creek, which resulted in the de-recognition of the benefits associated with resource pools for these mines. The losses will begin to expire after the 2024 year end, if unused. At December 31, 2021, the net deferred tax liability above included the deferred tax asset of $92.9 million, which includes the benefits from tax losses ($26.4 million) and resource pools ($66.5 million). The decrease in this deferred tax asset is mainly due to the unrealized losses on short-term investments. In prior years, the accumulated unrealized gains on short-term investments necessitated the recognition of this offsetting deferred tax asset. The current year's decrease in accumulated unrealized gains has resulted in a consequential reduction to this offsetting deferred tax asset. Since the accumulated unrealized gains decreased during 2021, the benefit associated with the offsetting losses was de-recognized. The losses will begin to expire after the 2024 year end, if unused. Unrecognized deductible temporary differences, unused tax losses and unused tax credits Deductible temporary differences, unused tax losses and unused tax credits for which no deferred tax assets have been recognized are attributable to the following: 2022 2021 Operating tax loss $ 383,231 $ 366,351 Net capital tax loss 36,817 35,801 Resource pools and other tax credits (1) 87,012 49,230 Financing fees 1,368 1,050 Mineral properties, plant, and equipment 207,182 127,945 Closure and decommissioning costs 207,261 143,080 Exploration and other expenses not currently deductible 26,300 33,837 Intercompany debt 23,449 17,956 Doubtful debt and inventory 18,631 24,624 Payroll and vacation accruals 35,799 6,168 Other temporary differences 14,057 6,154 $ 1,041,107 $ 812,196 (1) Includes tax credits which will begin to expire after 2027 year end, if unused. Included in the above amounts are operating tax losses, which if not utilized will expire as follows: At December 31, 2022 Canada US Peru Mexico Barbados Argentina Total 2023 $ — $ 360 $ — $ 289 $ 70 $ 4 $ 723 2024 — 419 275 312 30 10 1,046 2025 – and after 342,244 10,980 271 2,320 318 25,329 381,462 Total tax losses $ 342,244 $ 11,759 $ 546 $ 2,921 $ 418 $ 25,343 383,231 At December 31, 2021 Canada US Peru Mexico Barbados Argentina Total 2022 $ — $ 529 $ 156 $ — $ 15 $ 3 $ 703 2023 — 360 — 207 60 5 632 2024 – and after 330,799 11,399 593 2,092 168 19,965 365,016 Total tax losses $ 330,799 $ 12,288 $ 749 $ 2,299 $ 243 $ 19,973 $ 366,351 Taxable temporary differences associated with investment in subsidiaries As at December 31, 2022, taxable temporary differences of $286.0 million (2021 – $282.0 million) associated with the investments in subsidiaries have not been recognized as the Company is able to control the timing of the reversal of these differences which are not expected to reverse in the foreseeable future.

Contingencies

Contingencies	12 Months Ended
	Dec. 31, 2022
Disclosure of notes and other explanatory information [Abstract]
Contingencies	31. CONTINGENCIES The following is a summary of the contingent matters and obligations relating to the Company as at December 31, 2022. General The Company is subject to various investigations, claims and legal and tax proceedings covering matters that arise in the ordinary course of business activities. Each of these matters is subject to various uncertainties and it is possible that some of these matters may be resolved unfavorably to the Company. Certain conditions may exist as of the date the financial statements are issued, which may result in a loss to the Company. In the opinion of management none of these matters are expected to have a material effect on the results of operations or financial conditions of the Company. Environment The Company’s mining and exploration activities are subject to various laws and regulations governing the protection of the environment. These laws and regulations are continually changing and are generally becoming more restrictive. The Company conducts its operations so as to protect the public health and environment and believes its operations are in compliance with applicable laws and regulations in all material respects. The Company has made, and expects to make in the future, expenditures to comply with such laws and regulations, but cannot predict the full amount of such future expenditures. Estimated future reclamation costs are based on the extent of work required and the associated costs are dependent on the requirements of relevant authorities and the Company’s environmental policies. As of December 31, 2022, $296.2 million (2021 - $242.9 million) was accrued for reclamation costs relating to mineral properties (Note 16). Tax The Company operates in numerous countries around the world and accordingly it is subject to, and pays annual income taxes under the various income tax regimes in the countries in which it operates. Some of these tax regimes are defined by contractual agreements with the local government, and others are defined by the general corporate income tax laws of the country. The Company has historically filed, and continues to file, all required income tax returns and to pay the taxes reasonably determined to be due. The tax rules and regulations in many countries are highly complex and subject to interpretation. From time to time, the Company is subject to a review of its historic income tax filings and in connection with such reviews, disputes can arise with the taxing authorities over the interpretation or application of certain rules to the Company’s business conducted within the country involved. Title The validity of our mining or exploration titles or claims or rights, which constitute most of our property holdings, can be uncertain and may be contested. Although the Company has taken steps to verify title to properties in which it has an interest, these procedures do not guarantee the Company’s title. Property title may be subject to, among other things, unregistered prior agreements or transfers, Indigenous land claims, or undetected title defects. In some cases, we do not own or hold rights to the mineral concessions we mine, and our rights may be contractual in nature. We have not conducted surveys of all the claims in which we hold direct or indirect interests and therefore, the precise area and location of such claims may be in doubt. The land title system is also not well developed in some countries and may rely on informal, hereditary or possessory rights. Such informal systems can create significant uncertainty in obtaining and maintaining ownership or rights of access, in defining precise locations or clear boundaries to properties, and substantiating rights if challenged. No assurance can be given that applicable governments will not revoke or significantly alter the conditions of the applicable exploration and mining titles or claims, or that such exploration and mining titles or claims will not be challenged or impugned by third parties. Any defects in title to our properties, or the revocation of or challenges to our rights to mine, could have a material adverse effect on our operations and financial condition. Legal Proceedings We are subject to various claims and legal proceedings covering a wide range of matters that arise in the ordinary course of business activities. Many of these claims are from current or ex-employees, or employees of former or current owners of our operations, such as the Quiruvilca-related claims in Peru, which could, in the aggregate, be of significant value, and include alleged improper dismissals, workplace illnesses, such as silicosis, and claims for additional profit-sharing and bonuses in prior years. We may become subject to class action lawsuits. For example, in mid-2017, Tahoe, which was acquired by us in late February 2019, and certain of its former directors and officers became the subject of three purported class action lawsuits filed in the United States that center primarily around alleged misrepresentations. These U.S. class action lawsuits were later consolidated into one class action suit that is ongoing. In October 2018, Tahoe learned that a similar proposed class action lawsuit had been filed in the Superior Court of Ontario. These lawsuits seek significant damages. Tahoe has disputed the allegations made in these suits, however the outcomes are not determinable at this time. We may also be subject to proceedings in our commercial relationships. While we would, where available and appropriate to do so, defend against any such allegations, if we are unsuccessful in our defense of these claims, we may be subject to significant losses. Furthermore, we are in some cases subject to claims or other legal processes, which may be direct or indirect, by individuals, local communities, Indigenous peoples, private land owners or non-governmental organizations relating to land and mineral rights and tenure, or alleged environmental or social damage. Such claimants may seek sizeable monetary damages against us and/or the return or relinquishment of surface or mineral rights or revocation of permits and licenses that are valuable to us. Each of these matters is subject to various uncertainties and it is possible that some of these matters may be resolved unfavourably to us. We establish provisions for matters that are probable and can be reasonably estimated. We also carry liability insurance coverage, however such insurance does not cover all risks to which we might be exposed and in other cases, may only partially cover losses incurred by us. In addition, we may be involved in disputes with other parties in the future that may result in litigation, which could have a material adverse effect on our financial or operating position, cash flow and results of operations. Country Argentina Unanticipated or drastic changes in laws and regulations have affected our operations in the past. For example, previous governments implemented severe price, foreign exchange, and import controls which included informal restrictions on dividend, interest, and service payments abroad and limitations on the ability to convert ARS into USD, which exposed the Company to additional risks of ARS devaluation and high domestic inflation. The current government in Argentina maintains unfavorable economic policies, such as strict currency controls and the imposition of export duties. The Company has suspended project development activities at Navidad as a result of uncertainty over the zoning, regulatory and tax laws. The Company remains committed to the development of Navidad and to contributing to the positive economic and social development of the province of Chubut upon the adoption of a favorable legislative framework. Bolivia On May 28, 2014, the Bolivian government enacted the New Mining Law. Among other things, the New Mining Law provided that all pre-existing contracts were to migrate to one of several new forms of agreement within a prescribed period of time. The Company currently has a joint venture agreement with COMIBOL (the "COMIBOL Joint Venture"), a Bolivian state mining company, relating to the San Vicente mine. As a result, we anticipate that the COMIBOL Joint Venture will be subject to such migration and possible renegotiation of key terms. The migration process has been delayed by COMIBOL and has not been completed. The primary effects on the San Vicente operation and our interest therein will not be known until such time as we have, if required to do so, renegotiated the COMIBOL Joint Venture, and the full impact may only be realized over time. We will take appropriate steps to protect and, if necessary, enforce our rights under the COMIBOL Joint Venture. There is, however, no guarantee that governmental actions, including possible expropriation or additional changes in the law, and the migration of the COMIBOL Joint Venture will not impact our involvement in the San Vicente operation in an adverse way and such actions could have a material adverse effect on us and our business. The Company's San Vicente mine, pursuant to the COMIBOL Joint Venture, is obligated to pay COMIBOL a participation fee of 37.5% of the operation’s cash flow. For the year ended December 31, 2022, the Company incurred approximately $7.5 million in COMIBOL royalties (2021 - incurred $7.7 million). Guatemala Some communities and non-governmental organizations ("NGOs") have been vocal and active in their opposition to mining and exploration activities in Guatemala. In July 2017, the Escobal mining license was suspended as a result of a court proceeding initiated by an NGO in Guatemala, based upon the allegation that the Guatemala MEM violated the Xinka Indigenous people’s right of consultation. After several decisions and appeals on the matter, a decision of the Constitutional Court of Guatemala was rendered on September 3, 2018, determining that the Escobal mining license would remain suspended until the Guatemala MEM completes an ILO 169 consultation. During 2022, the ILO 169 consultation process for the Escobal mine in Guatemala advanced with the conclusion of Phase 1 of the process in July 2022. The process is being led by the Guatemala MEM with representatives of the Xinka Indigenous people and PAS Guatemala, Pan American's subsidiary in Guatemala, as participants in the process. Additionally, two meetings were held in October 2022 to provide information related to the project. Jointly with the representatives of the Xinka Indigenous community, MEM submitted an update to the Guatemalan Supreme Court of Justice in December 2022. Operations at the Escobal mine have been on care and maintenance, since July 2017, and the Constitutional Court of Guatemala has ordered the continued suspension of the mining license while the MEM conducts the ILO 169 consultation with the Xinka Indigenous people residing in the area of influence. The process, timing, and outcome of the ILO 169 consultation remains uncertain.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2022
Disclosure of related party [Abstract]
Related Party Transactions	32. RELATED PARTY TRANSACTIONS The Company’s related parties include its subsidiaries, associates over which it exercises significant influence, and key management personnel. Transactions with the Company's subsidiaries have been eliminated on consolidation. Maverix ceased to be a related party after March 31, 2022 when the Company determined that it no longer held significant influence (Note 13). There were no other related party transactions for the years ended December 31, 2022 and 2021. Compensation of key management personnel Key management personnel compensation is comprised of: 2022 2021 Short-term employee benefits (1) $ 11,702 $ 18,592 Post-employment benefits (2) 1,020 1,130 Share-based payments (3) 2,286 2,281 $ 15,008 $ 22,003 (1) Includes annual salary and short-term incentives, RSUs, and PSUs paid by the Company. (2) Includes annual contributions to retirement savings plans made by the Company. (3) Includes annual stock option, and common share grants.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2022
Disclosure of events after reporting period [Abstract]
Subsequent Events	33. SUBSEQUENT EVENTS Acquisition of Yamana The Company has agreed to acquire of all of the issued and outstanding common shares of Yamana ("Yamana Shares") following the sale by Yamana of its Canadian assets, including certain subsidiaries and partnerships which hold Yamana’s interests in the Canadian Malartic mine, to Agnico Eagle (Note 1). Pursuant to the Transaction, shareholders of Yamana will receive for each Yamana Share held: (i) 0.1598 of a common share of the Company; (ii) 0.0376 of a common share of Agnico Eagle; and (iii) $1.0406 in cash to be paid by Agnico Eagle. The aggregate consideration payable to Yamana shareholders consists of up to approximately 156.9 million common shares of the Company; approximately 36.6 million common shares of Agnico Eagle; and $1.0 billion in cash contributed by Agnico Eagle. The aggregate consideration represents a value of $4.8 billion or $5.02 per Yamana Share, based on the closing price of Pan American’s and Agnico Eagle’s shares on November 3, 2022, the day prior to the announcement of the proposed Transaction. Under the terms of the Transaction, the Company funded $150 million in cash to Yamana to pay a portion of a termination fee payable to Gold Fields in connection with the now terminated arrangement agreement between Yamana and Gold Fields. To fund this payment and other transaction and integration costs during the fourth quarter of 2022, the Company drew proceeds of $160 million from its SL-Credit Facility (Note 24). The Transaction received shareholder approval from the Company’s shareholders and Yamana’s shareholders on January 31, 2023. In addition, on February 6, 2023 the Company received the required court order with respect to the Transaction from the Ontario Superior Court of Justice. The Transaction remains subject to approval from the Mexican Federal Economic Competition Commission and satisfaction or waiver of certain other closing conditions. The Transaction is expected to close in the first quarter of 2023. There can be no assurance as to the completion of the Transaction. Pan American would assume Yamana’s obligations with respect to its August 2021 senior notes with an outstanding balance of $500 million and interest rate of 2.63% due in August 2031 and the December 2017 senior notes with an outstanding balance of $282.9 million and interest rate of 4.625% due in December 2027 (the “Notes”). The Notes contain certain change of control provisions, the triggering of which would result in a mandatory repurchase of the Notes in accordance with their terms. The Company does not currently expect that the change of control provisions would be triggered. However, to support the Company’s potential financial requirements and provide financial flexibility and liquidity in connection with the Transaction, the Company has, nonetheless, obtained a commitment from a Canadian chartered bank to provide, on a fully underwritten basis, an increase to the total committed credit available to the Company from $500.0 million to $1,250.0 million.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2022
Summary of Significant Accounting Policies [Abstract]
Presentation Currency	Presentation currencyThe functional and presentation currency of the Company and each of its subsidiaries is the United States dollar ("USD").
Basis of Measurement	Basis of measurementThese consolidated financial statements have been prepared on an historical cost basis, except for those assets and liabilities that are measured at revalued amounts or fair values at the end of each reporting period.
Basis of Consolidation	Basis of consolidation The accounts of the Company and its subsidiaries, which are controlled by the Company, have been included in these consolidated financial statements. Control is achieved when the Company is exposed, or has rights, to variable returns from the investee and when the Company has the ability to affect those returns through its power over the investee. Subsidiaries are included in the consolidated financial results of the Company from the effective date of acquisition up to the effective date of disposition or loss of control.
Investments in Associates	Investments in associatesAn associate is an entity over which the investor has significant influence but not control and that is neither a subsidiary nor an interest in a joint venture. Significant influence is presumed to exist where the Company has between 20% and 50% of the voting rights, but can also arise where the Company has less than 20%, if the Company has the power to participate in the financial and operating policy decisions affecting the entity. The Company’s share of the net assets and net earnings or loss is accounted for in the consolidated financial statements using the equity method of accounting.
Business Combinations	Business combinations Upon the acquisition of a business, the acquisition method of accounting is used, whereby the purchase consideration is allocated to the identifiable assets, liabilities and contingent liabilities (identifiable net assets) acquired on the basis of fair value at the date of acquisition. When the cost of the acquisition exceeds the fair value attributable to the Company’s share of the identifiable net assets, the difference is treated as goodwill, which is not amortized and is reviewed for impairment annually or more frequently when there is an indication of impairment. If the fair value attributable to the Company’s share of the identifiable net assets exceeds the cost of acquisition, the difference is immediately recognized in the consolidated statement of earnings. Acquisition related costs, other than costs to issue debt or equity securities of the acquirer, including investment banking fees, legal fees, accounting fees, valuation fees, and other professional or consulting fees are expensed as incurred. The costs to issue equity securities of the Company as consideration for the acquisition are reduced from share capital as share issuance costs. The costs to issue debt securities are capitalized and amortized using the effective interest method. Non-controlling interests are measured either at fair value or at the non-controlling interests’ proportionate share of the recognized amounts of the acquirers’ identifiable net assets as at the date of acquisition. The choice of measurement basis is made on a transaction by transaction basis. Control of a business may be achieved in stages. Upon the acquisition of control, any previously held interest is re-measured to fair value at the date control is obtained resulting in a gain or loss upon the acquisition of control.
Revenue Recognition	Revenue recognition Revenue associated with the sale of commodities is recognized when control of the asset sold is transferred to the customer. Indicators of control transferring include an unconditional obligation to pay, legal title, physical possession, transfer of risk and rewards and customer acceptance. This generally occurs when the goods are delivered to a loading port, warehouse, vessel or metal account as contractually agreed with the buyer; at which point the buyer controls the goods. In cases where the Company is responsible for the cost of shipping and certain other services after the date on which control of the goods transfers to the customer, these other services are considered separate performance obligations and thus a portion of revenue earned under the contract is allocated and recognized as these performance obligations are satisfied. The Company’s concentrate sales contracts with third-party buyers, in general, provide for a provisional payment based upon provisional assays and quoted metal prices. Final settlement is based on applicable commodity prices set on specified quotational periods, typically ranging from one month prior to shipment, and can extend to three months after the shipment arrives at the smelter and is based on average market metal prices. For this purpose, the transaction price can be measured reliably for those products, such as silver, gold, zinc, lead and copper, for which there exists an active and freely traded commodity market such as the London Metals Exchange and the value of product sold by the Company is directly linked to the form in which it is traded on that market. Sales revenue is commonly subject to adjustments based on an inspection of the product by the customer. In such cases, sales revenue is initially recognized on a provisional basis using the Company’s best estimate of contained metal, and adjusted subsequently. Revenues are recorded under these contracts at the time control passes to the buyer based on the expected settlement period. Revenue on provisionally priced sales is recognized based on estimates of the fair value of the consideration receivable based on forward market prices and estimated quantities. At each reporting date provisionally priced metal is marked to market based on the forward selling price for the quotational period stipulated in the contract. Variations between the price recorded at the date when control is transferred to the buyer and the actual final price set under the smelting contracts are caused by changes in metal prices resulting in the receivable being recorded at fair value through profit or loss ("FVTPL"). IFRS 15 - Revenue from Contracts with Customers ("IFRS 15") requires that variable consideration should only be recognized to the extent that it is highly probable that a significant reversal in the amount of cumulative revenue recognized will not occur. The Company concluded that the adjustments relating to the final assay results for the quantity and quality of concentrate sold are not significant and do not constrain the recognition of revenue. Refining and treatment charges under the sales contracts are netted against revenue for sales of metal concentrate. The Company recognizes deferred revenue in the event it receives payments from customers in consideration for future commitments to deliver metals and before such sale meets the criteria for revenue recognition. The Company recognizes amounts in revenue as the metals are delivered to the customer. Specifically, for the metal agreements entered into with Maverix Metals Inc. ("Maverix"), the Company determines the amortization of deferred revenue to the consolidated statement of earnings on a per unit basis using the estimated total quantity of metal expected to be delivered to Maverix over the terms of the contract. The Company estimates the current portion of deferred revenue based on quantities anticipated to be delivered over the next twelve months.
Financial Instruments	Financial instruments Financial assets and financial liabilities are recognized in the Company’s statement of financial position when the Company becomes a party to the contractual provisions of the instrument. i) Financial assets On initial recognition, a financial asset is classified as measured at: amortized cost, fair value through other comprehensive income ("FVTOCI"), or FVTPL. Financial assets at FVTPL are initially measured at fair value and those at amortized cost or FVTOCI are initially measured at fair value plus transaction costs. Subsequent measurement of financial assets and liabilities depends on the classifications of such assets and liabilities. Amortized cost: Financial assets that meet the following conditions are measured subsequently at amortized cost: • The financial asset is held within a business model whose objective is to hold financial assets in order to collect contractual cash flows, and • The contractual terms of the financial asset give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding. The amortized cost of a financial asset is the amount at which the financial asset is measured at initial recognition minus the principal repayments, plus the cumulative amortization using effective interest method of any difference between that initial amount and the maturity amount, adjusted for any loss allowance. Interest income is recognized using the effective interest method. Interest income is recognized in Investment loss in the consolidated statement of earnings. The Company's financial assets at amortized cost primarily include cash and cash equivalents, receivables not arising from sale of metal concentrates included in Trade and other receivables in the Consolidated Statement of Financial Position (Note 8(a)). FVTOCI: Financial assets that meet the following conditions are measured at FVTOCI: • The financial asset is held within a business model whose objective is achieved by both collecting contractual cash flows and selling financial assets, and • The contractual terms of the financial asset give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding; or • The Company may make an irrevocable election at initial recognition for particular investments in equity instruments that would otherwise be measured at FVTPL to present subsequent changes in fair value in other comprehensive income. At initial recognition, the Company's made an irrevocable election to measure its Long-term investment at FVTOCI (Note 8(c)). FVTPL: By default, all other financial assets are measured subsequently at FVTPL. The Company, at initial recognition, may also irrevocably designate a financial asset as measured at FVTPL if doing so eliminates or significantly reduces a measurement or recognition inconsistency that would otherwise arise from measuring assets or liabilities or recognizing the gains and losses on them on different bases. Financial assets measured at FVTPL are measured at fair value at the end of each reporting period, with any fair value gains or losses recognized in profit or loss to the extent they are not part of a designated hedging relationship. Fair value is determined in the manner described in Note 8(e)(ii). The Company's financial assets at FVTPL include its trade receivables from provisional concentrate sales, short-term investments in equity securities, and derivative assets not designated as hedging instruments. ii) Financial liabilities and equity Debt and equity instruments are classified as either financial liabilities or as equity in accordance with the substance of the contractual arrangements and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all its liabilities. Equity instruments issued by the Company are recognized at the proceeds received, net of direct issue costs. Repurchase of the Company’s own equity instruments is recognized and deducted directly in equity. No gain or loss is recognized in profit or loss on the purchase, sale, issue or cancellation of the Company’s own equity instruments. Classification of financial liabilities Financial liabilities that are not contingent consideration of an acquirer in a business combination, held for trading or designated as at FVTPL, are measured at amortized cost using effective interest method. Derivatives When the Company enters into derivative contracts, these transactions are designed to reduce exposures related to assets and liabilities, firm commitments or anticipated transactions. The Company does not have derivative instruments that qualify as cash flow hedges and consequently all derivatives are recorded at fair value with changes in fair value recognized in net earnings.
Derivative Financial Instruments	Derivative Financial InstrumentsThe Company utilizes foreign currency and commodity contracts, including forward contracts to manage exposure to fluctuations in metal prices and foreign currency exchange rates. For metals production, these contracts are intended to reduce the risk of falling prices on the Company’s future sales. Foreign currency derivative financial instruments, such as forward contracts, are used to manage the effects of exchange rate changes on foreign currency cost exposures. Such derivative financial instruments are initially recognized at fair value on the date on which a derivative contract is entered into and are subsequently re-measured at fair value. Derivatives are carried as assets when the fair value is positive and as liabilities when the fair value is negative and any gains or losses arising from changes in fair value on derivatives are taken directly to earnings for the year. The fair value of forward currency and commodity contracts is calculated by reference to current forward exchange rates and prices for contracts with similar maturity profiles. Derivatives, including certain conversion options and warrants with exercise prices in a currency other than the functional currency, are recognized at fair value with changes in fair value recognized in profit or loss.
Inventories	Inventories Inventories include work in progress, concentrate, doré, processed silver and gold, heap leach inventory, and operating materials and supplies. Work in progress inventory includes ore stockpiles and other partly processed material. Stockpiles represent ore that has been extracted and is available for further processing. The classification of inventory is determined by the stage at which the ore is in the production process. Inventories of ore are sampled for metal content and are valued based on the lower of cost or estimated net realizable value ("NRV") based upon the period ending prices of contained metal. Cost is determined on a weighted average basis or using a first-in-first-out basis and includes all costs incurred in the normal course of business including direct material and direct labour costs and an allocation of production overheads, depreciation and amortization, and other costs, based on normal production capacity, incurred in bringing each product to its present location and condition. Material that does not contain a minimum quantity of metal to cover estimated processing expenses to recover the contained metal is not classified as inventory and is assigned no value. The work in progress inventory is considered part of the operating cycle which the Company classifies as current inventory and hence heap leach and stockpiles are included in current inventory for our operations. Quantities are assessed primarily through surveys and assays. The costs incurred in the construction of heap leach pads are capitalized to mineral properties, plant and equipment. Heap leach inventory represents silver and gold contained in ore that has been placed on the leach pad for cyanide irrigation. The heap leach process is a process of extracting silver and gold by placing ore on an impermeable pad and applying a diluted cyanide solution that dissolves a portion of the contained silver and gold, which is then recovered during the metallurgical process. When the ore is placed on the pad, an estimate of the recoverable ounces is made based on tonnage, ore grade and estimated recoveries of the ore type placed on the pad. The estimated recoverable ounces on the pad are used to compile the inventory cost. The Company uses several integrated steps to scientifically measure the metal content of the ore placed on the leach pads. The tonnage, grade, and ore type to be mined in a period was first estimated using the Mineral Reserve model. As the ore body is drilled in preparation for the blasting process, samples are taken of the drill residue, which is assayed to determine their metal content and quantities of contained metal. The estimated recoverable ounces carried in the leach pad inventory are adjusted based on actual recoveries being experienced. Actual and estimated recoveries achieved are measured to the extent possible using various indicators including, but not limited to, individual cell recoveries, the use of leach curve recovery and trends in the levels of carried ounces depending on the circumstances or cumulative pad recoveries. The Company then processes the ore through the crushing facility where the output is again weighed and sampled for assaying. A metallurgical reconciliation with the data collected from the mining operation is completed with appropriate adjustments made to previous estimates. The crushed ore is then transported to the leach pad for application of the leaching solution. The samples from the automated sampler are assayed each shift and used for process control. The quantity of leach solution is measured by flow meters throughout the leaching and precipitation process. The pregnant solution from the heap leach is collected and passed through the processing circuit to produce precipitate, which is retorted and then smelted to produce doré bars. The Company allocates direct and indirect production costs to by-products on a systematic and rational basis. With respect to concentrate and doré inventory, production costs are allocated based on the silver equivalent ounces contained within the respective concentrate and doré. The inventory is stated at lower of cost or NRV, with cost being determined using a weighted average cost method. The ending inventory value of ounces associated with the leach pad is equal to opening recoverable ounces plus recoverable ounces placed less ounces produced plus or minus ounce adjustments. The estimate of both the ultimate recovery expected over time and the quantity of metal that may be extracted relative to the time the leach process occurs requires the use of estimates, which rely upon laboratory test work and estimated models of the leaching kinetics in the heap leach pads. Test work consists of leach columns of up to 400 days duration with 150 days being the average, from which the Company
Mineral Property, Plant and Equipment	Mineral properties, plant and equipment ("MPPE") On initial acquisition, MPPE are valued at cost, being the purchase price and the directly attributable costs of acquisition or construction required to bring the asset to the location and condition necessary for the asset to be capable of operating in the manner intended by management. When provisions for closure and decommissioning are recognized, the corresponding cost is capitalized as part of the cost of the related assets, representing part of the cost of acquiring the future economic benefits of the operation. The capitalized cost of closure and decommissioning activities is recognized in MPPE and depreciated accordingly. In subsequent periods, buildings, plant and equipment are stated at cost less accumulated depreciation and any impairment in value, whilst land is stated at cost less any impairment in value and is not depreciated. Each asset's or part’s estimated useful life has due regard to both its own physical life limitations and the present assessment of economically recoverable reserves of the mine property at which the item is located, and to possible future variations in those assessments. Estimates of remaining useful lives and residual values are reviewed annually. Changes in estimates are accounted for prospectively. The expected useful lives are included below in the accounting policy for depreciation of MPPE. The net carrying amounts of MPPE are reviewed for impairment either individually or at the cash-generating unit ("CGU") level when events and changes in circumstances indicate that the carrying amounts may not be recoverable. To the extent that these values exceed their recoverable amounts, that excess is recorded as an impairment provision. In countries where the Company paid Value Added Tax (“VAT”) and where there is uncertainty of its recoverability, the VAT payments have either been deferred with mineral property costs relating to the property or expensed if it relates to mineral exploration. If the Company ultimately recovers previously deferred amounts, the amount received will be applied to reduce mineral property costs or taken as a credit against current expenses depending on the prior treatment. Expenditure on major maintenance or repairs includes the cost of the replacement of parts of assets and overhaul costs. Where an asset or part of an asset is replaced and it is probable that future economic benefits associated with the item will be available to the Company, the expenditure is capitalized and the carrying amount of the item replaced derecognized. Similarly, overhaul costs associated with major maintenance are capitalized and depreciated over their useful lives where it is probable that future economic benefits will be available and any remaining carrying amounts of the cost of previous overhauls are derecognized. All other costs are expensed as incurred. Where an item of MPPE is disposed of, it is derecognized and the difference between its carrying value and net sales proceeds is disclosed as earnings or loss on disposal in the statement of earnings. Any items of mineral property, plant or equipment that cease to have future economic benefits are derecognized with any gain or loss included in the financial year in which the item is derecognized. The carrying amounts of MPPE (including initial and any subsequent capital expenditure) are depreciated to their estimated residual value over the estimated useful lives of the specific assets concerned, or the estimated life of the associated mine or mineral lease, if shorter. Estimates of residual values and useful lives are reviewed annually and any change in estimate is taken into account in the determination of remaining depreciation charges, and adjusted if appropriate, at each statement of financial position date. Changes to the estimated residual values or useful lives are accounted for prospectively. Depreciation commences on the date when the asset is available for use as intended by management. i) Units of production basis For mining properties and leases and certain mining equipment, the economic benefits from the asset are consumed in a pattern which is linked to the production level. Except as noted below, such assets are depreciated on a units of production basis. In applying the units of production method, depreciation is normally calculated using the quantity of material extracted from the mine in the period as a percentage of the total quantity of material to be extracted in current and future periods based on proven and probable reserves. ii) Straight line basis Assets within operations for which production is not expected to fluctuate significantly from one year to another or which have a physical life shorter than the related mine are depreciated on a straight line basis. MPPE are depreciated over their useful life, or over the remaining life of the mine if shorter. The major categories of property, plant and equipment are depreciated on a unit of production and/or straight-line basis as follows: • Land – not depreciated • Mobile equipment – 3 to 7 years • Buildings and plant facilities – 25 to 50 years • Mining properties and leases including capitalized evaluation and development expenditures – based on applicable reserves on a unit of production basis. • Exploration and evaluation – not depreciated until mine goes into production • Assets under construction – not depreciated until assets are ready for their intended use
Operational Mining Properties and Mine Development	Operational mining properties and mine development When it has been determined that a mineral property can be economically developed as a result of establishing proven and probable reserves (which occurs upon completion of a positive economic analysis of the mineral deposit), the costs incurred to develop such property including costs to further delineate the ore body and remove overburden to initially expose the ore body prior to the start of mining operations, are also capitalized. Costs associated with commissioning activities on constructed plants are deferred from the date of mechanical completion of the facilities until the date the Company is ready to commence commercial production. These costs are amortized using the units-of-production method (described below) over the life of the mine, commencing on the date of commercial production. Acquisition costs related to the acquisition of land and mineral rights are capitalized as incurred. Prior to acquiring such land or mineral rights, the Company makes a preliminary evaluation to determine that the property has significant potential to economically develop the deposit. The time between initial acquisition and full evaluation of a property’s potential is dependent on many factors including: location relative to existing infrastructure, the property’s stage of development, geological controls and metal prices. If a mineable deposit is discovered, such costs are amortized when production begins. If no mineable deposit is discovered, such costs are expensed in the period in which it is determined the property has no future economic value.
Exploration and Evaluation Expenditure	Exploration and evaluation Exploration expenditures are incurred in the search for economic mineral deposits or the process of obtaining more information about existing mineral deposits and typically include costs associated with drilling, sampling, mapping and other activity related to the search for ore. Evaluation expenditures are incurred to establish the technical and commercial viability of mineral deposits and typically include costs associated with determining optimal methods of extraction and metallurgical and treatment processes, permitting, and preparing economic evaluations. Exploration expenditures are expensed as incurred. Evaluation expenditures are capitalized when management determines there is a high degree of confidence that future economic benefits will flow to the Company. Acquired exploration and evaluation projects and acquired exploration rights are recognized as assets at their cost of acquisition or at fair value if purchased as part of a business combination. Capitalized exploration and evaluation expenditures are reclassified to MPPE, in accordance with Note 3(j), once the technical feasibility and commercial viability are demonstrated.
Deferred Stripping Costs	Deferred stripping costsIn open pit mining operations, it is necessary to remove overburden and other waste in order to access the ore body. During the preproduction phase, these costs are capitalized as part of the cost of the mine property and subsequently amortized over the life of the mine (or pit) on a units of production basis.The costs of removal of the waste material during a mine’s production phase are deferred where they give rise to future benefits. These capitalized costs are subsequently amortized on a unit of production basis over the reserves that directly benefit from the specific stripping activity.
Asset Impairment	mpairment (and reversals of impairment) of non-current assets The Company reviews and tests the carrying amount of MPPE and intangible assets with finite lives when there is an indication of impairment or impairment reversal. Additionally, disposal groups held for sale are tested for impairment upon classification as a disposal group held for sale. Impairment assessments on MPPE and intangible assets are conducted at the level of the CGU. The recoverable amount of a CGU is the higher of value in use ("VIU") and fair value less cost to sell. VIU is the net present value of expected future cash flows. Impairments are recognized for any excess of carrying value over the recoverable amount. Where the recoverable amount is assessed using discounted cash flow techniques, the resulting estimates are based on detailed mine and/or production plans. The cash flow forecasts are based on best estimates of expected future revenues and costs, including the future cash costs of production, capital expenditure, closure, restoration and environmental clean-up. These may include net cash flows expected to be realized from extraction, processing and sale of mineral resources that do not currently qualify for inclusion in proven or probable ore reserves. Such non-reserve material is included where there is a high degree of confidence in its economic extraction. This expectation is usually based on preliminary drilling and sampling of areas of mineralization that are contiguous with existing reserves. Typically, the additional evaluation to achieve reserve status for such material has not yet been done because this would involve incurring costs earlier than is required for the efficient planning and operation of the mine. Where the recoverable amount of a CGU is dependent on the life of its associated ore, expected future cash flows reflect long term mine plans, which are based on detailed research, analysis and iterative modeling to optimize the level of return from investment, output and sequence of extraction. The mine plan takes account of all relevant characteristics of the ore, including waste to ore ratios, ore grades, haul distances, chemical and metallurgical properties of the ore affecting process recoveries and capacities of processing equipment that can be used. The mine plan is therefore the basis for forecasting production output in each future year and for forecasting production costs. The Company’s cash flow forecasts are based on estimates of future commodity prices, which assume market prices will revert to the Company’s assessment of the long-term average price, generally over a period of three The discount rates applied to the future cash flow forecasts represent an estimate of the rate the market would apply having regard to the time value of money and the risks specific to the asset for which the future cash flow estimates have not been adjusted, including appropriate adjustments for the risk profile of the countries in which the individual CGU operate. The great majority of the Company’s sales are based on prices denominated in USD. To the extent that the currencies of countries in which the Company produces commodities strengthen against the USD without commodity price offset, cash flows and, therefore, net present values are reduced.
Closure and Decommissioning Costs	Closure and decommissioning costs The mining, extraction and processing activities of the Company normally give rise to obligations for site closure or rehabilitation. Closure and decommissioning works can include facility decommissioning and dismantling; removal or treatment of waste materials; site and land rehabilitation. The extent of work required and the associated costs are dependent on the requirements of relevant authorities and the Company’s environmental policies. Provisions for the cost of each closure and rehabilitation program are recognized at the time that environmental disturbance occurs. When the extent of disturbance increases over the life of an operation, the provision is increased accordingly. Costs included in the provision encompass all closure and decommissioning activity expected to occur progressively over the life of the operation and at the time of closure in connection with disturbances at the reporting date. Routine operating costs that may impact the ultimate closure and decommissioning activities, such as waste material handling conducted as an integral part of a mining or production process, are not included in the provision. Costs arising from unforeseen circumstances, such as the contamination caused by unplanned discharges, are recognized as an expense and liability when the event gives rise to an obligation which is probable and capable of reliable estimation. The timing of the actual closure and decommissioning expenditure is dependent upon a number of factors such as the life and nature of the asset, the operating license conditions, and the environment in which the mine operates. Expenditures may occur before and after closure and can continue for an extended period of time dependent on closure and decommissioning requirements. Closure and decommissioning provisions are measured at the expected value of future cash flows, discounted to their present value and determined according to the probability of alternative estimates of cash flows occurring for each operation. Discount rates used are specific to the underlying obligation. Significant judgments and estimates are involved in forming expectations of future activities and the amount and timing of the associated cash flows. Those expectations are formed based on existing environmental and regulatory requirements which give rise to a constructive or legal obligation. When provisions for closure and decommissioning are initially recognized, the corresponding cost is capitalized as a component of the cost of the related asset, representing part of the cost of acquiring the
Foreign Currency Translation	Foreign currency translationThe Company’s functional currency and that of its subsidiaries is the USD, as this is the principal currency of the economic environments in which they operate. Transaction amounts denominated in foreign currencies (currencies other than USD) are translated into USD at exchange rates prevailing at the transaction dates. Carrying values of foreign currency monetary assets and liabilities are re-translated at each statement of financial position date to reflect the U.S. exchange rate prevailing at that date. Gains and losses arising from translation of foreign currency monetary assets and liabilities at each period end are included in earnings except for differences arising on decommissioning provisions which are capitalized for operating mines.
Share-based Payments	Share-based payments The Company makes share-based awards, including restricted share units ("RSUs"), performance share units ("PSUs"), shares and options, to certain employees. For equity-settled awards, the fair value is charged to the statement of earnings and credited to equity, on a straight-line basis over the vesting period, after adjusting for the estimated number of awards that are expected to vest. The fair value of the equity-settled awards is determined at the date of grant. Non-vesting conditions and market conditions, such as target share price upon which vesting is conditioned, are factored into the determination of fair value at the date of grant. All other vesting conditions are excluded from the determination of fair value and included in management’s estimate of the number of awards ultimately expected to vest. The fair value is determined by using option pricing models. At each statement of financial position date prior to vesting, the cumulative expense representing the extent to which the vesting period has expired and management’s best estimate of the awards that are ultimately expected to vest is computed (after adjusting for non-market performance conditions). The movement in cumulative expense is recognized in the statement of earnings with a corresponding entry within equity. No expense is recognized for awards that do not ultimately vest, except for awards where vesting is conditional upon a market condition, which are treated as vested irrespective of whether or not the market condition is satisfied, provided that all other performance conditions are satisfied. Where the terms of an equity-settled award are modified, as a minimum an expense is recognized as if the terms had not been modified over the original vesting period. In addition, an expense is recognized for any modification, which increases the total fair value of the share-based payment arrangement, or is otherwise beneficial to the employee as measured at the date of modification, over the remainder of the new vesting period.
Leases	Leases Lease Definition At inception of a contract, the Company assesses whether the contract is, or contains, a lease. A contract is, or contains, a lease if it conveys the right to control the use of an identified asset for a period of time in exchange for consideration. An identified asset may be implicitly or explicitly specified in a contract, but must be physically distinct, and must not have the ability for substitution by a lessor. The Company has the right to control an identified asset if it obtains substantially all of its economic benefits and either pre-determines, or directs how and for what purpose the asset is used. Measurement of Right-of-use ("ROU") Assets and Lease Obligations At lease commencement, the Company recognizes a ROU assets and a lease obligation. The ROU assets is initially measured at cost, which comprises the initial amount of the lease obligation adjusted for any lease payments made at, or before, the commencement date, plus any initial direct costs incurred, less any lease incentives received. The ROU assets is subsequently amortized on a straight-line basis over the shorter of the term of the lease, or the useful life of the asset determined on the same basis as the Company’s property, plant and equipment. The ROU assets is periodically reduced by impairment losses, if any, and adjusted for certain remeasurements of the lease obligation. The lease obligation is initially measured at the present value of lease payments remaining at the lease commencement date, discounted using the Company’s incremental borrowing rate. Lease payments included in the measurement of the lease obligation, when applicable, may comprise fixed payments, variable payments that depend on an index or rate, amounts expected to be payable under a residual value guarantee and the exercise price under a purchase, extension or termination option that the Company is reasonably certain to exercise. The lease obligation is subsequently measured at amortized cost using the effective interest method. It is remeasured when there is a change in future lease payments arising from a change in an index or rate, if there is a change in the Company’s estimate of the amount expected to be payable under a residual value guarantee, or if the Company changes its assessment of whether it will exercise a purchase, extension or termination option. When the lease obligation is remeasured, a corresponding adjustment is made to the carrying amount of the ROU assets . Recognition Exemptions The Company has elected not to recognize ROU assets and lease obligations for short-term leases that have a lease term of twelve months or less or for leases of low-value assets. Payments associated with these leases are recognized as an operating expense on a straight-line basis over the lease term within costs and expenses on the consolidated statement of earnings.
Income Taxes	Income taxesTaxation on the earnings or loss for the year comprises current and deferred tax. Taxation is recognized in the statement of earnings except to the extent that it relates to items recognized in other comprehensive income or directly in equity, in which case the tax is recognized in other comprehensive income or equity. Current tax is the expected tax payable on the taxable income for the year using rates enacted or substantively enacted at the year end, and includes any adjustment to tax payable in respect of previous years. Deferred tax is provided using the statement of financial position liability method, providing for the tax effect of temporary differences between the carrying amount of assets and liabilities for financial reporting purposes and the amounts used for tax assessment or deduction purposes. Where an asset has no deductible or depreciable amount for income tax purposes, but has a deductible amount on sale or abandonment for capital gains tax purposes, that amount is included in the determination of temporary differences. The tax effect of certain temporary differences is not recognized, principally with respect to goodwill; temporary differences arising on the initial recognition of assets or liabilities (other than those arising in a business combination or in a manner that initially impacted accounting or taxable earnings); and temporary differences relating to investments in subsidiaries, jointly controlled entities and associates to the extent that the Company is able to control the reversal of the temporary difference and the temporary difference is not expected to reverse in the foreseeable future. The amount of deferred tax recognized is based on the expected manner and timing of realization or settlement of the carrying amount of assets and liabilities, with the exception of items that have a tax base solely derived under capital gains tax legislation, using tax rates enacted or substantively enacted at period end. To the extent that an item’s tax base is solely derived from the amount deductible under capital gains tax legislation, deferred tax is determined as if such amounts are deductible in determining future assessable income. The carrying amount of deferred income tax assets is reviewed at each statement of financial position date and reduced to the extent that it is no longer probable that sufficient taxable earnings will be available to allow all or part of the deferred income tax asset to be utilized. To the extent that an asset not previously recognized fulfils the criteria for recognition, a deferred income tax asset is recorded. Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which the asset is realized or the liability is settled, based on tax rates and tax laws enacted or substantively enacted at the statement of financial position date. Current and deferred taxes relating to items recognized in other comprehensive income or directly in equity are recognized in other comprehensive income or equity and not in the statement of earnings. Mining taxes and royalties are treated and disclosed as current and deferred taxes if they have the characteristics of an income tax. Judgments are required about the application of income tax legislation. These judgments and assumptions are subject to risk and uncertainty, hence there is a possibility that changes in circumstances will alter expectations, which may impact the amount of deferred tax assets and deferred tax liabilities recognized on the statement of financial position and the amount of other tax losses and temporary differences not yet recognized. In such circumstances, some or the entire carrying amount of recognized deferred tax assets and liabilities may require adjustment, resulting in a corresponding credit or charge to the statement of earnings.
Earnings (Loss) per Share	Earnings (loss) per share Basic earnings (loss) per share is calculated by dividing earnings attributable to ordinary equity holders of the parent entity by the weighted average number of ordinary shares outstanding during the period. The diluted earnings per share calculation is based on the earnings attributable to ordinary equity holders and the weighted average number of shares outstanding after adjusting for the effects of all potential ordinary shares. This method requires that the number of shares used in the calculation be the weighted average number of shares that would be issued on the conversion of all the dilutive potential ordinary shares into
Borrowing Costs and Upfront Costs	Borrowing costs and upfront costs Borrowing costs that are directly attributable to the acquisition, construction or production of qualifying assets are capitalized. Qualifying assets are assets that require a substantial amount of time to prepare for their intended use, including mineral properties in the evaluation stage where there is a high likelihood of commercial exploitation. Qualifying assets also include significant expansion projects at the operating mines. Borrowing costs are considered an element of the historical cost of the qualifying asset. Capitalization ceases when the asset is substantially complete or if construction is interrupted for an extended period. Where the funds used to finance a qualifying asset form part of general borrowings, the amount capitalized is calculated using a weighted average of rates applicable to the relevant borrowings during the period. Where funds borrowed are directly attributable to a qualifying asset, the amount capitalized represents the borrowing costs specific to those borrowings. Where surplus funds available out of money borrowed specifically to finance a project are temporarily invested, the total borrowing cost is reduced by income generated from short-term investments of such funds. Upfront costs incurred in connection with entering new credit facilities are recorded as Other assets and are amortized over the life of the respective credit facilities.

Additional information (Tables)

Additional information (Tables)	12 Months Ended
	Dec. 31, 2022
Transaction And Integration Costs [Abstract]
Schedule Of Transaction and Integration Costs	2022 2021 Termination fee $ 150,000 $ — Legal and advisory fees 6,814 — Other 520 — $ 157,334 $ —

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2022
Summary of Significant Accounting Policies [Abstract]
Disclosure of joint ventures	The principal subsidiaries of the Company and their geographic locations at December 31, 2022 were as follows: Location Subsidiary Ownership Accounting Operations and Development Canada Lake Shore Gold Corp. 100% Consolidated Bell Creek and Timmins West mines, together "Timmins mine" Mexico Plata Panamericana S.A. de C.V. 100% Consolidated La Colorada mine Compañía Minera Dolores S.A. de C.V. 100% Consolidated Dolores mine Peru Pan American Silver Huaron S.A. 100% Consolidated Huaron mine Compañía Minera Argentum S.A. 92% Consolidated Morococha mine Shahuindo S.A.C. 100% Consolidated Shahuindo mine La Arena S.A. 100% Consolidated La Arena mine Bolivia Pan American Silver (Bolivia) S.A. 95% Consolidated San Vicente mine Guatemala Pan American Silver Guatemala S.A. 100% Consolidated Escobal mine Argentina Minera Tritón Argentina S.A. 100% Consolidated Manantial Espejo & Cap-Oeste Sur Este mines Minera Joaquin S.R.L. 100% Consolidated Joaquin mine Minera Argenta S.A. 100% Consolidated Navidad project
Disclosure of subsidiaries	The principal subsidiaries of the Company and their geographic locations at December 31, 2022 were as follows: Location Subsidiary Ownership Accounting Operations and Development Canada Lake Shore Gold Corp. 100% Consolidated Bell Creek and Timmins West mines, together "Timmins mine" Mexico Plata Panamericana S.A. de C.V. 100% Consolidated La Colorada mine Compañía Minera Dolores S.A. de C.V. 100% Consolidated Dolores mine Peru Pan American Silver Huaron S.A. 100% Consolidated Huaron mine Compañía Minera Argentum S.A. 92% Consolidated Morococha mine Shahuindo S.A.C. 100% Consolidated Shahuindo mine La Arena S.A. 100% Consolidated La Arena mine Bolivia Pan American Silver (Bolivia) S.A. 95% Consolidated San Vicente mine Guatemala Pan American Silver Guatemala S.A. 100% Consolidated Escobal mine Argentina Minera Tritón Argentina S.A. 100% Consolidated Manantial Espejo & Cap-Oeste Sur Este mines Minera Joaquin S.R.L. 100% Consolidated Joaquin mine Minera Argenta S.A. 100% Consolidated Navidad project

Financial Instruments (Tables)

Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2022
Financial instruments [Abstract]
Disclosure of financial assets by categories	Financial assets and liabilities by categories: December 31, 2022 Amortized cost FVTPL FVTOCI Total Financial Assets: Cash and cash equivalents $ 107,005 $ — $ — $ 107,005 Trade receivables from provisional concentrates sales (1) — 50,258 — 50,258 Receivable not arising from sale of metal concentrates (1) 77,442 — 77,442 Short-term investments — 35,337 — 35,337 Long-term investment (2) — — 121,200 121,200 Derivative assets — 2,883 — 2,883 $ 184,447 $ 88,478 $ 121,200 $ 394,125 Financial Liabilities: Derivative liabilities $ — $ 1,780 $ — $ 1,780 Debt $ 193,722 $ — $ — $ 193,722 (1) Included in Trade and other receivables. (2) The Company's investment in Maverix (Note 13). December 31, 2021 Amortized cost FVTPL Total Financial Assets: Cash and cash equivalents $ 283,550 $ — $ 283,550 Trade receivables from provisional concentrates sales (1) — 40,020 40,020 Receivable not arising from sale of metal concentrates (1) 76,902 — 76,902 Short-term investments — 51,723 51,723 Derivative assets — 3,995 3,995 $ 360,452 $ 95,738 $ 456,190 Financial Liabilities: Derivative liabilities $ — $ 351 $ 351 Debt $ 15,300 $ — $ 15,300 (1) Included in Trade and other receivables.
Disclosure of financial liabilities by categories	Financial assets and liabilities by categories: December 31, 2022 Amortized cost FVTPL FVTOCI Total Financial Assets: Cash and cash equivalents $ 107,005 $ — $ — $ 107,005 Trade receivables from provisional concentrates sales (1) — 50,258 — 50,258 Receivable not arising from sale of metal concentrates (1) 77,442 — 77,442 Short-term investments — 35,337 — 35,337 Long-term investment (2) — — 121,200 121,200 Derivative assets — 2,883 — 2,883 $ 184,447 $ 88,478 $ 121,200 $ 394,125 Financial Liabilities: Derivative liabilities $ — $ 1,780 $ — $ 1,780 Debt $ 193,722 $ — $ — $ 193,722 (1) Included in Trade and other receivables. (2) The Company's investment in Maverix (Note 13). December 31, 2021 Amortized cost FVTPL Total Financial Assets: Cash and cash equivalents $ 283,550 $ — $ 283,550 Trade receivables from provisional concentrates sales (1) — 40,020 40,020 Receivable not arising from sale of metal concentrates (1) 76,902 — 76,902 Short-term investments — 51,723 51,723 Derivative assets — 3,995 3,995 $ 360,452 $ 95,738 $ 456,190 Financial Liabilities: Derivative liabilities $ — $ 351 $ 351 Debt $ 15,300 $ — $ 15,300 (1) Included in Trade and other receivables.
Disclosure of financial instruments at fair value through profit or loss	The losses from short-term investments recorded at FVTPL for the year ended December 31, 2022 and 2021 were as follows: 2022 2021 Unrealized losses on short-term investments $ (16,615) $ (60,355) Realized gains on short-term investments 394 633 $ (16,221) $ (59,722) 2022 2021 Realized gains on derivatives $ 9,877 $ 9,156 Unrealized losses on derivatives (2,541) (3,763) $ 7,336 $ 5,393
Disclosure of financial instruments designated at fair value through profit or loss	The losses from the Company's long-term investment (Note 13) recorded at FVTOCI for the year ended December 31, 2022 and 2021 were as follows: 2022 2021 Unrealized loss on long-term investment $ (3,477) $ —
Disclosure of assets and liabilities in the fair value hierarchy	The levels in the fair value hierarchy into which the Company’s financial assets and liabilities that are measured and recognized on the Consolidated Statements of Financial Position at fair value on a recurring basis were categorized as follows: At December 31, 2022 At December 31, 2021 Level 1 Level 2 Level 1 Level 2 Assets and Liabilities: Short-term investments $ 35,337 $ — $ 51,723 $ — Long-term investment 121,200 — — — Trade receivables from provisional concentrate sales — 50,258 — 40,020 Derivative assets — 2,883 — 3,995 Derivative liabilities — (1,780) — (351) $ 156,537 $ 51,361 $ 51,723 $ 43,664
Disclosure of credit risk exposure	Cash and cash equivalents, trade accounts receivable and other receivables that represent the maximum credit risk to the Company consist of the following: December 31, December 31, Cash and cash equivalents $ 107,005 $ 283,550 Trade accounts receivable (1) 50,258 40,020 Supplier advances (1) 8,914 11,228 Employee loans (1) 338 667 (1) Included in Trade and other receivables.
Disclosure of maturity analysis for derivative financial liabilities	The following tables summarize the remaining contractual maturities of the Company's financial liabilities and operating and capital commitments on an undiscounted basis: Payments due by period 2022 Within 1 year 2 - 3 years 4- 5 years After 5 years Total Accounts payable and accrued liabilities other than: $ 291,436 $ — $ — $ — $ 291,436 Severance liabilities 13,860 1,039 645 4,489 20,033 Payroll liabilities 2,758 — — — 2,758 Total accounts payable and accrued liabilities 308,054 1,039 645 4,489 314,227 Income tax payables 25,833 — — — 25,833 Derivative liabilities 1,780 — — — 1,780 Debt Repayment of principal 13,712 173,435 6,575 — 193,722 Interest and standby fees 11,222 17,681 125 — 29,028 Provisions (1)(2) 3,448 2,423 — 1,081 6,952 Future payroll liabilities 2,465 8,659 — — 11,124 Total contractual obligations (2) $ 366,514 $ 203,237 $ 7,345 $ 5,570 $ 582,666 (1) Total litigation provision (Note 16). (2) Amounts above do not include payments related to closure and decommissioning (current $14.4 million, long-term $281.8 million) discussed in Note 16, lease obligations discussed in Note 17, the $20.8 million deferred credit arising from the Navidad acquisition discussed in Note 20, and deferred tax liabilities of $140.3 million in Note 30. Payments due by period 2021 Within 1 year 2 - 3 years 4- 5 years After 5 years Total Accounts payable and accrued liabilities other than: $ 275,629 $ — $ — $ — $ 275,629 Severance liabilities 26,695 404 33 4,450 31,582 Payroll liabilities 3,763 — — — 3,763 Total accounts payable and accrued liabilities 306,087 404 33 4,450 310,974 Income tax payables 59,133 — — — 59,133 Derivative liabilities 351 — — — 351 Debt Repayment of principal 3,400 6,800 5,100 — 15,300 Interest and standby fees 2,613 4,867 1,432 — 8,912 Provisions (1)(2) 2,738 2,553 — — 5,291 Future payroll liabilities 3,352 9,058 — — 12,410 Total contractual obligations (2) $ 377,674 $ 23,682 $ 6,565 $ 4,450 $ 412,371 (1) Total litigation provision (Note 16). (2) Amounts above do not include payments related to closure and decommissioning (current $5.3 million, long-term $237.6 million) discussed in Note 16, lease obligations discussed in Note 17, the $20.8 million deferred credit arising from the Navidad acquisition discussed in Note 20, and deferred tax liabilities of $184.8 million in Note 30.
Disclosure of exposure to currency risk through financial assets and liabilities	The Company is exposed to currency risk through the following financial assets and liabilities, and deferred tax assets and liabilities denominated in foreign currencies: At December 31, 2022 Cash and Other current and Income taxes Accounts payable Deferred tax Canadian Dollar $ 40,904 $ 2,602 $ — $ (42,345) $ 24,048 Mexican Peso 3,082 32,587 12,649 (42,992) (16,295) Argentine Peso 9,348 9,339 856 (33,479) — Bolivian Boliviano 4,849 6,645 (5,154) (8,655) (4,492) European Euro 40 — — — — Peruvian Sol 3,183 20,233 (523) (28,873) (87,719) Guatemala quetzal 59 105 (63) (7,265) — $ 61,465 $ 71,511 $ 7,765 $ (163,609) $ (84,458) At December 31, 2021 Cash and Other current and Income taxes Accounts payable Deferred tax assets and liabilities (1) Canadian Dollar $ 60,507 $ 3,389 $ — $ (27,448) $ 36,799 Mexican Peso 1,159 7,681 (14,633) (25,985) (64,297) Argentine Peso 12,488 20,358 1,502 (19,525) (13) Bolivian Boliviano 8,397 499 (7,943) (23,914) (6,954) European Euro 49 — — — — Peruvian Sol 8,585 17,295 (22,234) (54,953) (94,367) Guatemala quetzal 169 539 (91) (9,919) — $ 91,354 $ 49,761 $ (43,399) $ (161,744) $ (128,832) At December 31, 2022, the Company had outstanding positions on its foreign currency exposure of Mexican peso ("MXN"), Peruvian sol ("PEN") and Canadian dollar ("CAD") purchases. The Company recorded the following derivative gains and losses on currencies for the year ended December 31, 2022 and 2021: 2022 2021 Mexican peso gains (losses) $ 1,507 $ (202) Peruvian sol gains (losses) 3,471 (3,744) Canadian dollar (losses) gains (2,944) 851 $ 2,034 $ (3,095)
Schedule of derivative gains and losses	The Company recorded the following derivative gains and losses on commodities for the year ended December 31, 2022 and 2021: 2022 2021 Zinc gains $ 1,701 $ 137 Copper losses — (1,139) Diesel gains 4,499 9,397 Other (898) 94 $ 5,302 $ 8,489

Short Term Investments (Tables)

Short Term Investments (Tables)	12 Months Ended
	Dec. 31, 2022
Subclassifications of assets, liabilities and equities [abstract]
Available for sale investments	December 31, 2022 December 31, 2021 Fair Value Cost Accumulated unrealized holding gains Fair Value Cost Accumulated unrealized holding gains Short-term investments $ 35,337 $ 20,781 $ 14,556 $ 51,723 $ 20,419 $ 31,304

Inventories (Tables)

Inventories (Tables)	12 Months Ended
	Dec. 31, 2022
Subclassifications of assets, liabilities and equities [abstract]
Schedule of inventories	Inventories consist of: December 31, December 31, Concentrate $ 31,380 $ 30,647 Stockpile 31,309 43,216 Heap leach and in process 258,750 286,266 Doré and finished 86,776 81,448 Materials and supplies 89,715 84,529 Total inventories $ 497,930 $ 526,106 Less: current inventories $ (471,630) $ (500,462) Non-current inventories (1) $ 26,300 $ 25,644 (1) Inventories at Escobal mine, which include $19.0 million (2021 - $18.3 million) in supplies with the remainder attributable to metals, have been classified as non-current pending the restart of operations.

Mineral Properties, Plant and_2

Mineral Properties, Plant and Equipment (Tables)	12 Months Ended
	Dec. 31, 2022
Property, plant and equipment [abstract]
Disclosure of detailed information about property, plant and equipment	Mineral properties, plant and equipment consist of: Mining Properties Depletable Non-depletable Reserves Reserves Exploration Plant and Total Carrying value As at January 1, 2022 Net of accumulated depreciation $ 1,115,905 $ 327,424 $ 426,495 $ 474,727 $ 2,344,551 Additions 237,339 42,808 — 20,470 300,617 Disposals (11,339) — — (5,785) (17,124) Depreciation and amortization (1) (201,277) (6,494) — (113,383) (321,154) Depreciation charge captured in inventory (19,470) — — — (19,470) Impairment charge (73,723) (478) — (24,863) (99,064) Transfers (122,720) 78,860 2,043 41,817 — Closure and decommissioning – changes in estimate (Note 16) 37,998 — — — 37,998 As at December 31, 2022 $ 962,713 $ 442,120 $ 428,538 $ 392,983 $ 2,226,354 Cost as at December 31, 2022 $ 3,123,604 $ 617,364 $ 841,344 $ 1,281,366 $ 5,863,678 Accumulated depreciation and impairments (2,160,891) (175,244) (412,806) (888,383) (3,637,324) Carrying value – December 31, 2022 $ 962,713 $ 442,120 $ 428,538 $ 392,983 $ 2,226,354 (1) Includes $5.1 million of depreciation and amortization included in mine care and maintenance for the year ended December 31, 2022. Mining Properties Depletable Non-depletable Reserves Reserves Exploration Plant and Total Carrying value As at January 1, 2021 Net of accumulated depreciation $ 996,745 $ 307,080 $ 431,650 $ 679,531 $ 2,415,006 Additions 210,484 31,971 7,253 16,766 266,474 Disposals (1,435) — (12,315) (4,542) (18,292) Depreciation and amortization (1) (166,116) (2,105) — (136,072) (304,293) Depreciation charge captured in inventory (21,249) — — — (21,249) Transfers 90,571 (9,522) (93) (80,956) — Closure and decommissioning – changes in estimate (Note 16) 6,905 — — — 6,905 As at December 31, 2021 $ 1,115,905 $ 327,424 $ 426,495 $ 474,727 $ 2,344,551 Cost as at December 31, 2021 $ 3,140,594 $ 343,705 $ 839,427 $ 1,288,392 $ 5,612,118 Accumulated depreciation and impairments (2,024,689) (16,281) (412,932) (813,665) (3,267,567) Carrying value – December 31, 2021 $ 1,115,905 $ 327,424 $ 426,495 $ 474,727 $ 2,344,551 (1) Includes $1.3 million of depreciation and amortization included in mine care and maintenance for the year ended December 31, 2021. December 31, 2022 December 31, 2021 Cost Accumulated Depreciation (4) Carrying Cost Accumulated Depreciation (4) Carrying Producing properties: Huaron, Peru $ 231,282 $ (143,171) $ 88,111 $ 224,700 $ (141,902) $ 82,798 Morococha, Peru (1) — — — 277,105 (188,821) 88,284 Shahuindo, Peru 636,466 (179,389) 457,077 590,096 (132,727) 457,369 La Arena, Peru 286,235 (142,979) 143,256 208,306 (105,006) 103,300 La Colorada, Mexico 403,698 (205,054) 198,644 355,471 (185,684) 169,787 Dolores, Mexico (1) 1,783,711 (1,586,424) 197,287 1,738,040 (1,350,908) 387,132 Manantial Espejo, Argentina (1) (3) 518,374 (518,374) — 518,931 (500,244) 18,687 San Vicente, Bolivia 156,260 (119,336) 36,924 151,045 (110,829) 40,216 Timmins, Canada 359,414 (133,120) 226,294 335,488 (103,903) 231,585 Other 29,530 (21,427) 8,103 29,804 (18,330) 11,474 $ 4,404,970 $ (3,049,274) $ 1,355,696 $ 4,428,986 $ (2,838,354) $ 1,590,632 Non-Producing Properties: Land $ 6,879 $ (1,011) $ 5,868 $ 6,373 $ (871) $ 5,502 Navidad, Argentina (1) 566,577 (376,141) 190,436 566,577 (376,101) 190,476 Escobal, Guatemala 260,390 (3,078) 257,312 257,390 (1,842) 255,548 Timmins, Canada 63,043 — 63,043 63,018 — 63,018 Shahuindo, Peru 1,376 — 1,376 3,549 — 3,549 La Arena, Peru 117,000 — 117,000 117,005 — 117,005 Minefinders, Mexico (1) 77,210 (37,453) 39,757 78,443 (36,975) 41,468 La Colorada, Mexico 94,672 — 94,672 55,370 — 55,370 Morococha, Peru (2) 238,827 (158,101) 80,726 2,981 — 2,981 Other 32,734 (12,266) 20,468 32,426 (13,424) 19,002 $ 1,458,708 $ (588,050) $ 870,658 $ 1,183,132 $ (429,213) $ 753,919 Total $ 5,863,678 $ (3,637,324) $ 2,226,354 $ 5,612,118 $ (3,267,567) $ 2,344,551 (1) Includes previously recorded impairment charges at December 31, 2022 of $635.5 million (2021 - $536.4 million) at Dolores, $173.4 million (2021 - $173.4 million) at Manantial Espejo, $386.1 million (2021 - $386.1 million) at Navidad, and $37.0 million (2021 - $37.0 million) at Minefinders. (2) Morococha was placed on care and maintenance in February 2022. (3) Manantial Espejo ceased production subsequent to year end. (4) Includes impairments.

Impairment (Tables)

Impairment (Tables)	12 Months Ended
	Dec. 31, 2022
Impairment and Reversal of Impairment and Goodwill [Abstract]
Summary Of Impairment Expense	The Company's impairment expense in respect of the following CGUs for the year ended December 31, 2022 were as follows: 2022 2021 Dolores impairment expense $ 99,064 $ —
Summary Of Price Assumptions In Impairment Assessment	The metal price assumptions used in the impairment assessment were the following: At June 30, 2022 2022-2025 2026 and Gold (per ounce) $ 1,802 $ 1,651 Silver (per ounce) 23.56 21.77

Investment in Associates (Table

Investment in Associates (Tables)	12 Months Ended
	Dec. 31, 2022
Disclosure of associates [abstract]
Disclosure of interest in associates	The following table shows a continuity of the Company's investment in Maverix which was initially classified as an equity investee and subsequently as a long-term investment recorded at FVTOCI: Long-term investment Investment in Associate At December 31, 2020 $ — $ 71,560 $ 71,560 Acquisition of shares in associate — 2,616 2,616 Equity pick-up from equity investees — 4,510 4,510 Dilution losses — (34) (34) Adjustment for change in ownership interest — (22) (22) Dividends received — (1,220) (1,220) At December 31, 2021 $ — $ 77,410 $ 77,410 Equity pick-up from equity investees — 413 413 Dividends received — (325) (325) Loss of significant influence 124,677 (77,498) 47,179 Investment revaluation reserve fair value adjustment (3,477) — (3,477) At December 31, 2022 $ 121,200 $ — $ 121,200

Goodwill and Other Assets (Tabl

Goodwill and Other Assets (Tables)	12 Months Ended
	Dec. 31, 2022
Miscellaneous non-current assets [abstract]
Schedule of goodwill and other assets	Other assets consist of: December 31, December 31, Goodwill $ 2,775 $ 2,775 Equity investments 2,059 1,247 Other assets 1,075 1,124 $ 5,909 $ 5,146

Accounts Payable (Tables)

Accounts Payable (Tables)	12 Months Ended
	Dec. 31, 2022
Trade and other current payables [abstract]
Schedule of accounts payable and accrued liabilities	15. ACCOUNTS PAYABLE AND ACCRUED LIABILITIES Accounts payable and accrued liabilities consist of: December 31, December 31, Trade accounts payable (1) $ 88,808 $ 77,461 Royalty payables 20,886 24,113 Other accounts payable and accrued liabilities 111,282 107,207 Payroll and severance liabilities 66,608 64,968 Value added tax liabilities 8,508 12,006 Other tax payables 11,962 20,332 $ 308,054 $ 306,087 (1) No interest is charged on the trade accounts payable ranging from 30 to 60 days from the invoice date. The Company has policies in place to ensure that all payables are paid within the credit terms.

Provisions (Tables)

Provisions (Tables)	12 Months Ended
	Dec. 31, 2022
Provisions [abstract]
Disclosure of provisions	2022 2021 Closure and decommissioning, opening balance $ 242,861 $ 235,110 Revisions in estimates and obligations incurred 42,754 6,278 Reclamation expenditures (4,228) (5,997) Accretion expense (Note 25) 14,841 7,470 Closure and decommissioning, closing balance $ 296,228 $ 242,861 Litigation 6,952 5,291 Total provisions $ 303,180 $ 248,152 Provision classification: December 31, December 31, Current $ 17,853 $ 8,041 Non-current 285,327 240,111 $ 303,180 $ 248,152

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2022
Disclosure of Leases [Abstract]
Summary of changes in ROU Assets	The following table summarizes changes in ROU assets for the year ended December 31, 2022, which have been recorded in mineral properties, plant and equipment on the consolidated statements of financial position: December 31, December 31, Opening net book value $ 29,496 $ 33,543 Additions 18,977 9,924 Depreciation (14,961) (12,444) Other (3,249) (1,527) Closing net book value $ 30,263 $ 29,496
Reconciliation of undiscounted cash flows	The following table presents a reconciliation of the Company's undiscounted cash flows at December 31, 2022 and December 31, 2021 to their present value for the Company's lease obligations: December 31, December 31, Within one year $ 14,139 $ 11,690 Between one and five years 17,592 16,676 Beyond five years 14,412 16,934 Total undiscounted lease obligations 46,143 45,300 Less future interest charges (13,029) (14,739) Total discounted lease obligations 33,114 30,561 Less: current portion of lease obligations (13,608) (10,663) Non-current portion of lease obligations $ 19,506 $ 19,898

Debt (Tables)

Debt (Tables)	12 Months Ended
	Dec. 31, 2022
Borrowings [abstract]
Schedule of debt rollforward	December 31, 2021 Proceeds Repayments December 31, 2022 SL-Credit Facility $ — $ 160,000 $ — $ 160,000 Other 15,300 23,661 5,239 33,722 Less: current portion $ (3,400) $ — $ — $ (13,712) Non-current $ 11,900 $ 183,661 $ 5,239 $ 180,010 December 31, 2020 Proceeds Repayments December 31, 2021 SL-Credit Facility $ — $ — $ — $ — Other — 17,000 1,700 15,300 Less: current portion $ — $ — $ — $ (3,400) Non-current $ — $ 17,000 $ 1,700 $ 11,900

Other Long Term Liabilities (Ta

Other Long Term Liabilities (Tables)	12 Months Ended
	Dec. 31, 2022
Subclassifications of assets, liabilities and equities [abstract]
Schedule of other long term liabilities	Other long term liabilities consist of: December 31, December 31, Deferred credit (1) $ 20,788 $ 20,788 Other tax payables — 16 Severance liabilities 6,172 4,887 $ 26,960 $ 25,691 (1) Represents the obligation to deliver future silver production of Navidad pursuant to a silver stream contract.

Share-Based Compensation And _2

Share-Based Compensation And Other Related Information (Tables)	12 Months Ended
	Dec. 31, 2022
Disclosure of terms and conditions of share-based payment arrangement [line items]
Disclosure of number and weighted average exercise prices of share options	The following table summarizes changes in stock options for the years ended December 31,: Stock Options Outstanding Weighted As at December 31, 2020 317,417 $ 18.78 Granted 53,115 30.70 Exercised (65,780) 11.77 Expired (2,162) 41.62 Forfeited (23,587) 32.27 As at December 31, 2021 279,003 $ 21.38 Granted 191,649 22.95 Exercised (79,542) 15.12 Expired (4,324) 41.62 Forfeited (9,819) 31.32 As at December 31, 2022 376,967 $ 23.01
Disclosure of range of exercise prices of outstanding share options	The following table summarizes information about the Company's stock options outstanding at December 31, 2022: Options Outstanding Options Exercisable Range of Exercise Prices CAD$ Number Outstanding as at December 31, 2022 Weighted Average Weighted Number Outstanding as at December 31, 2022 Weighted $17.53 - $23.03 290,657 5.6 $ 21.17 99,008 $ 17.72 $23.04 - $28.54 35,409 2.7 $ 25.35 35,409 $ 25.35 $28.55 - $34.04 43,993 5.9 $ 30.70 14,668 $ 30.70 $34.05 - $39.48 6,908 4.9 $ 39.48 6,908 $ 39.48 376,967 5.3 $ 23.01 155,993 $ 21.64
Disclosure of assumptions used in determining fair value of options granted	The following assumptions were used in the Black-Scholes option pricing model in determining the fair value of options granted during the years ended December 31,: 2022 2021 Expected life (years) 4.5 4.0 Expected volatility 44.3 % 44.0 % Expected dividend yield 2.7 % 2.4 % Risk-free interest rate 3.4 % 1.9 % Weighted average exercise price (CAD$) $ 22.95 $ 30.70 Weighted average fair value (CAD$) $ 7.69 $ 9.39
Disclosure of dividends	The Company declared the following dividends for the years ended December 31, 2022 and 2021: Declaration date Record date Dividend per common share February 22, 2023 (1) March 6, 2023 $ 0.10 November 9, 2022 November 21, 2022 $ 0.10 August 10, 2022 August 22, 2022 $ 0.11 May 11, 2022 May 24, 2022 $ 0.12 February 23, 2022 March 7, 2022 $ 0.12 November 9, 2021 November 22, 2021 $ 0.10 August 10, 2021 August 23, 2021 $ 0.10 May 12, 2021 May 25, 2021 $ 0.07 February 17, 2021 March 1, 2021 $ 0.07 (1) These dividends were declared subsequent to the year end and have not been recognized as distributions to owners during the period presented.
Performance Share Units [member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Disclosure of number and aggregate fair value of other equity instruments	The following table summarizes changes in PSUs for the years ended December 31, 2022 and 2021: PSU Number Outstanding Fair Value As at December 31, 2020 255,559 $ 8,870 Granted 79,417 2,049 Paid out (117,328) (4,539) Change in value — (901) As at December 31, 2021 217,648 $ 5,479 Granted 150,469 2,456 Paid out (80,159) (828) Change in value — (2,319) As at December 31, 2022 287,958 $ 4,788
Restricted Share Units [member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Disclosure of number and aggregate fair value of other equity instruments	The following table summarizes changes in RSUs for the years ended December 31, 2022 and 2021: RSU Number Outstanding Fair Value As at December 31, 2020 396,572 $ 13,730 Granted 240,366 5,818 Paid out (197,320) (4,829) Forfeited (13,218) (329) Change in value — (3,699) As at December 31, 2021 426,400 $ 10,691 Granted 341,060 5,567 Paid out (198,344) (3,402) Forfeited (17,324) (283) Change in value — (3,453) As at December 31, 2022 551,792 $ 9,120

Production Costs (Tables)

Production Costs (Tables)	12 Months Ended
	Dec. 31, 2022
Analysis of income and expense [abstract]
Schedule of production costs	Production costs are comprised of the following: 2022 2021 Materials and consumables $ 414,302 $ 381,446 Salaries and employee benefits (1) 310,715 317,081 Contractors 232,096 226,095 Utilities 56,204 48,675 Other expenses 30,843 34,165 Changes in inventories (2) 50,271 (81,983) $ 1,094,431 $ 925,479 (1) Salaries and employee benefits is comprised of: 2022 2021 Wages, salaries and bonuses $ 328,384 $ 352,736 Severances (3) 23,884 — Share-based compensation 3,936 5,128 Total employee compensation and benefit expenses 356,204 357,864 Less: Expensed within General and Administrative expenses (26,179) (31,230) Less: Expensed within Care and Maintenance expenses (11,721) (4,310) Less: Expensed within Exploration expenses (7,589) (5,243) Employee compensation and benefits expenses included in production costs $ 310,715 $ 317,081 (2) Includes NRV adjustments to inventory to increase production costs by $97.7 million for the year ended December 31, 2022 (2021 - increase by $8.7 million). (3) Includes $15.5 million, $5.6 million and $2.8 million of severances at Manantial Espejo, Morococha and Dolores respectively for the year ended December 31, 2022 (2021 - $nil).

Mine Care and Maintenance (Tabl

Mine Care and Maintenance (Tables)	12 Months Ended
	Dec. 31, 2022
Analysis of income and expense [abstract]
Schedule of Mine Care and Maintenance	2022 2021 Escobal $ 24,594 $ 24,357 Morococha (1) 15,533 — Navidad 4,996 7,423 $ 45,123 $ 31,780 (1) Morococha was placed on care and maintenance in February 2022.

Interest and Finance Expense (T

Interest and Finance Expense (Tables)	12 Months Ended
	Dec. 31, 2022
Borrowing costs [abstract]
Components of interest and finance expense	2022 2021 Interest expense $ 5,311 $ 3,660 Finance fees 2,311 5,068 Accretion expense (Note 16) 14,841 7,470 $ 22,463 $ 16,198

Earnings Per Share (Basic and_2

Earnings Per Share (Basic and Diluted) (Tables)	12 Months Ended
	Dec. 31, 2022
Earnings per share [abstract]
Earnings per share	For the year ended December 31, 2022 2021 Earnings (1) Shares (000’s) EPS Earnings Shares (000’s) EPS Net (loss) earnings $ (341,748) $ 97,428 Basic (loss) earnings per share $ (341,748) 210,521 $ (1.62) $ 97,428 210,298 $ 0.46 Effect of dilutive securities: Stock options — — — 137 Diluted (loss) earnings per share $ (341,748) 210,521 $ (1.62) $ 97,428 210,435 $ 0.46 (1) Net earnings attributable to equity holders of the Company. The following securities were excluded in the computation of diluted earnings per share because they were anti-dilutive but they have the potential to dilute basic earnings per share in the future: 2022 2021 Potential dilutive securities: Share options 376,967 65,044 Potential shares from CVR conversion (1) 15,600,034 15,600,034 15,977,001 15,665,078 (1) There were 313,883,990 CVRs outstanding at December 31, 2022 (2021 - 313,883,990)

Supplemental Cash Flow Inform_2

Supplemental Cash Flow Information (Tables)	12 Months Ended
	Dec. 31, 2022
Disclosure of cash flow statement [Abstract]
Changes in other operating activities	Other operating activities 2022 2021 Adjustments for non-cash statement of earnings items: Unrealized foreign exchange losses $ 12,840 $ 6,703 Interest expense (Note 25) 5,311 3,660 Gains on derivatives (Note 8(d)) (7,336) (5,393) Share-based compensation expense 3,936 5,128 Losses (gains) on disposition of mineral properties, plant and equipment (Note 11) 2,439 (32,167) $ 17,190 $ (22,069)
Changes in non-cash working capital	Changes in non-cash operating working capital items: 2022 2021 Trade and other receivables $ (12,692) $ (2,874) Inventories (50,035) (82,885) Prepaid expenses 2,546 1,049 Accounts payable and accrued liabilities 20,711 18,086 Provisions (2,567) (4,445) $ (42,037) $ (71,069)
Cash and cash equivalents	Cash and Cash Equivalents December 31, December 31, Cash in banks $ 107,005 $ 283,550

Segmented Information (Tables)

Segmented Information (Tables)	12 Months Ended
	Dec. 31, 2022
Disclosure of entity's operating segments [Abstract]
Disclosure of operating segments	For the year ended December 31, 2022 Segment/Country Mine Revenue Production costs and royalties Depreciation Mine operating earnings Capital expenditures (1) Silver Segment: Mexico La Colorada $ 155,039 $ 98,695 $ 20,249 $ 36,095 $ 91,682 Peru Huaron 145,730 100,511 11,836 33,383 15,574 Morococha (2) 22,059 20,642 2,332 (915) 1,252 Bolivia San Vicente 76,935 59,596 8,744 8,595 7,156 Argentina Manantial Espejo (3) 105,073 112,670 23,050 (30,647) 4,263 Guatemala Escobal — — — — 1,606 Total Silver Segment 504,836 392,114 66,211 46,511 121,533 Gold Segment: Mexico Dolores 303,934 301,892 129,803 (127,761) 35,855 Peru Shahuindo 266,375 146,179 44,503 75,693 44,604 La Arena 175,865 103,869 34,674 37,322 47,970 Canada Timmins 243,708 186,266 38,640 18,802 37,652 Total Gold Segment 989,882 738,206 247,620 4,056 166,081 Other segment: Canada Pas Corp — — 439 (439) 348 Argentina Navidad — — — — 50 Other Other — — 1,766 (1,766) 1,509 Total $ 1,494,718 $ 1,130,320 $ 316,036 $ 48,362 $ 289,521 (1) Includes payments for mineral properties, plant and equipment and payment of equipment leases. (2) Morococha was placed on care and maintenance in February 2022. (3) Manantial Espejo ceased production subsequent to year end. For the year ended December 31, 2021 Segment/Country Mine Revenue Production costs and royalties Depreciation Mine operating earnings Capital expenditures (1) Silver Segment: Mexico La Colorada $ 130,112 $ 75,192 $ 20,505 $ 34,415 $ 65,532 Peru Huaron 154,634 90,126 11,564 52,944 10,897 Morococha 108,699 75,182 13,738 19,779 8,329 Bolivia San Vicente 80,446 54,569 9,276 16,601 5,340 Argentina Manantial Espejo 127,445 106,874 16,031 4,540 7,575 Guatemala Escobal — — — — 778 Total Silver Segment 601,336 401,943 71,114 128,279 98,451 Gold Segment: Mexico Dolores 342,556 186,285 106,397 49,874 40,566 Peru Shahuindo 255,771 115,009 42,600 98,162 27,678 La Arena 194,582 84,243 41,362 68,977 45,479 Canada Timmins 238,505 174,374 39,768 24,363 42,298 Total Gold Segment 1,031,414 559,911 230,127 241,376 156,021 Other segment: Canada Pas Corp — — 407 (407) 332 Argentina Navidad — — — — 90 Other Other — — 1,310 (1,310) 980 Total $ 1,632,750 $ 961,854 $ 302,958 $ 367,938 $ 255,874 (1) Includes payments for mineral properties, plant and equipment and payment of equipment leases. At December 31, 2022 Segment/Country Mine Assets Liabilities Net assets Silver Segment: Mexico La Colorada $ 375,381 $ 52,018 $ 323,363 Peru Huaron 122,535 51,486 71,049 Morococha (1) 102,193 31,240 70,953 Bolivia San Vicente 82,509 47,380 35,129 Argentina Manantial Espejo (2) 47,772 40,477 7,295 Guatemala Escobal 291,118 19,374 271,744 Total Silver Segment 1,021,508 241,975 779,533 Gold Segment: Mexico Dolores 415,143 155,772 259,371 Peru Shahuindo 602,443 199,560 402,883 La Arena 368,277 155,120 213,157 Canada Timmins 382,043 67,971 314,072 Total Gold Segment 1,767,906 578,423 1,189,483 Other segment: Canada Pas Corp 178,986 182,920 (3,934) Argentina Navidad 193,923 2,600 191,323 Other 86,175 40,962 45,213 Total $ 3,248,498 $ 1,046,880 $ 2,201,618 (1) Morococha was placed on care and maintenance in February 2022. (2) Manantial Espejo ceased production subsequent to year end. At December 31, 2021 Segment/Country Mine Assets Liabilities Net assets Silver Segment: Mexico La Colorada $ 299,038 $ 52,934 $ 246,104 Peru Huaron 117,514 59,975 57,539 Morococha 124,607 40,494 84,113 Bolivia San Vicente 88,924 53,264 35,660 Argentina Manantial Espejo 71,012 29,017 41,995 Guatemala Escobal 287,811 19,833 267,978 Total Silver Segment 988,906 255,517 733,389 Gold Segment: Mexico Dolores 750,220 193,638 556,582 Peru Shahuindo 591,164 199,450 391,714 La Arena 317,371 106,799 210,572 Canada Timmins 419,106 62,196 356,910 Total Gold Segment 2,077,861 562,083 1,515,778 Other segment: Canada Pas Corp 176,006 16,492 159,514 Argentina Navidad 193,077 — 193,077 Other 82,734 48,484 34,250 $ 3,518,584 $ 882,576 $ 2,636,008 Product Revenue 2022 2021 Refined silver and gold $ 1,106,793 $ 1,177,388 Zinc concentrate 98,341 119,059 Lead concentrate 167,673 145,524 Copper concentrate 65,096 133,025 Silver concentrate 56,815 57,754 Total $ 1,494,718 $ 1,632,750

Other Expenses (Tables)

Other Expenses (Tables)	12 Months Ended
	Dec. 31, 2022
Analysis of income and expense [abstract]
Schedule of other expenses	2022 2021 Change in closure and decommissioning estimates (1) $ 4,694 $ 246 Change in provisions 5,011 1,323 Investment income (5,371) (484) Other income (2,219) (1,121) Total $ 2,115 $ (36) (1) Relates to changes in estimates after the completion of mining activities.

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2022
Disclosure of income tax [Abstract]
Components of income tax expense	Components of Income Tax Expense 2022 2021 Current tax expense (recovery) Recognized in profit or loss in current year $ 85,325 $ 134,947 Adjustments recognized in the current year with respect to prior years (2,308) 147 83,017 135,094 Deferred tax expense (recovery) Deferred tax expense (recovery) recognized in the current year (34,184) 14,194 Adjustments recognized in the current year with respect to prior years 366 56 Derecognition of previously unrecognized deferred tax assets 9,065 — Benefit from previously unrecognized losses, and other temporary differences — 508 Impact of impairments on deferred tax assets and liabilities (3,825) — Decrease in deferred tax liabilities due to tax impact of NRV charge to inventory (15,321) (3,423) (43,899) 11,335 Income tax expense $ 39,118 $ 146,429
Reconciliation of effective income tax rate	Reconciliation of Effective Income Tax Rate 2022 2021 Earnings (loss) before taxes and non-controlling interest $ (300,945) $ 244,991 Statutory Canadian income tax rate 27.00 % 27.00 % Income tax expense (recovery) based on above rates $ (81,255) $ 66,148 Increase (decrease) due to: Non-deductible expenditures 7,465 6,192 Foreign tax rate differences (11,717) 15,969 Change in net deferred tax assets not recognized (1) 22,296 20,574 Derecognition of deferred tax assets previously recognized (2) 50,356 — Effect of other taxes paid (mining and withholding) 15,658 25,846 Effect of foreign exchange on tax expense (21,541) 14,337 Non-taxable impact of foreign exchange 6,310 (1,203) Change in non-deductible portion of reclamation liabilities 12,157 2,380 Unrecognized tax benefit on termination fee related to the Yamana acquisition 39,750 — Other (361) (3,814) Income tax expense $ 39,118 $ 146,429 Effective income tax rate (13.00) % 59.77 % (1) Includes deferred taxes related to amounts recorded in other comprehensive income for the year-end December 31, 2022 of $0.5 million with no amounts recognized in the comparative period. (2) Attributable to the loss of attributes resulting from the Dolores impairment in Q2 2022 (Note 12).
Analysis of deferred tax assets and liabilities	The following is the analysis of the deferred tax assets (liabilities) presented in the consolidated financial statements: 2022 2021 Net deferred tax liabilities, beginning of year $ (128,832) $ (117,461) Recognized in net earnings in the year 43,899 (11,335) Recognized in other comprehensive income (loss) in year (1) 469 — Other 6 (36) Net deferred liabilities, end of year (84,458) (128,832) Deferred tax assets 55,879 55,953 Deferred tax liabilities (140,337) (184,785) Net deferred tax liabilities $ (84,458) $ (128,832) (1) Deferred tax impact related to unrealized loss on long-term investment (see Note 13).
Components of deferred tax assets and liabilities	The deferred tax assets (liabilities) are comprised of the various temporary differences, as detailed below: 2022 2021 Deferred tax assets (liabilities) arising from: Closure and decommissioning costs $ 23,482 $ 27,742 Tax losses, resource pools and mining tax credits 83,819 92,928 Deductible Mexican mining taxes 3,974 4,682 Accounts payable and accrued liabilities 26,920 22,119 Trade and other receivables 17,634 29,163 Provision for doubtful debts and inventory adjustments 3,136 (28,153) Short-term investments (11,665) (7,941) Mineral properties, plant, and equipment (217,255) (245,126) Estimated sales provisions (19,263) (30,466) Other temporary differences and provisions 4,760 6,220 Net deferred tax liabilities $ (84,458) $ (128,832) At December 31, 2022, the net deferred tax liability above included the deferred tax asset of $83.8 million, which includes the benefits from tax losses ($28.1 million) and resource pools ($55.7 million). The decrease of $9.1 million in this deferred tax asset is mainly due to the slower than expected utilization of tax attributes against income from Timmins West and Bell Creek, which resulted in the de-recognition of the benefits associated with resource pools for these mines. The losses will begin to expire after the 2024 year end, if unused. At December 31, 2021, the net deferred tax liability above included the deferred tax asset of $92.9 million, which includes the benefits from tax losses ($26.4 million) and resource pools ($66.5 million). The decrease in this deferred tax asset is mainly due to the unrealized losses on short-term investments. In prior years, the accumulated unrealized gains on short-term investments necessitated the recognition of this offsetting deferred tax asset. The current year's decrease in accumulated unrealized gains has resulted in a consequential reduction to this offsetting deferred tax asset. Since the accumulated unrealized gains decreased during 2021, the benefit associated with the offsetting losses was de-recognized. The losses will begin to expire after the 2024 year end, if unused.
Deductible temporary differences, unused tax losses and unused tax credits for which no deferred tax assets have been recognised	Deductible temporary differences, unused tax losses and unused tax credits for which no deferred tax assets have been recognized are attributable to the following: 2022 2021 Operating tax loss $ 383,231 $ 366,351 Net capital tax loss 36,817 35,801 Resource pools and other tax credits (1) 87,012 49,230 Financing fees 1,368 1,050 Mineral properties, plant, and equipment 207,182 127,945 Closure and decommissioning costs 207,261 143,080 Exploration and other expenses not currently deductible 26,300 33,837 Intercompany debt 23,449 17,956 Doubtful debt and inventory 18,631 24,624 Payroll and vacation accruals 35,799 6,168 Other temporary differences 14,057 6,154 $ 1,041,107 $ 812,196
Schedule of operating loss carryforwards	Included in the above amounts are operating tax losses, which if not utilized will expire as follows: At December 31, 2022 Canada US Peru Mexico Barbados Argentina Total 2023 $ — $ 360 $ — $ 289 $ 70 $ 4 $ 723 2024 — 419 275 312 30 10 1,046 2025 – and after 342,244 10,980 271 2,320 318 25,329 381,462 Total tax losses $ 342,244 $ 11,759 $ 546 $ 2,921 $ 418 $ 25,343 383,231 At December 31, 2021 Canada US Peru Mexico Barbados Argentina Total 2022 $ — $ 529 $ 156 $ — $ 15 $ 3 $ 703 2023 — 360 — 207 60 5 632 2024 – and after 330,799 11,399 593 2,092 168 19,965 365,016 Total tax losses $ 330,799 $ 12,288 $ 749 $ 2,299 $ 243 $ 19,973 $ 366,351

Related Party Transactions Disc

Related Party Transactions Disclosure of related party (Tables)	12 Months Ended
	Dec. 31, 2022
Disclosure of related party [Abstract]
Disclosure of information about key management personnel	Key management personnel compensation is comprised of: 2022 2021 Short-term employee benefits (1) $ 11,702 $ 18,592 Post-employment benefits (2) 1,020 1,130 Share-based payments (3) 2,286 2,281 $ 15,008 $ 22,003 (1) Includes annual salary and short-term incentives, RSUs, and PSUs paid by the Company. (2) Includes annual contributions to retirement savings plans made by the Company. (3) Includes annual stock option, and common share grants.

Additional information (Details

Additional information (Details) - Yamana By Gold Fields - USD ($) $ in Thousands	1 Months Ended	3 Months Ended	12 Months Ended
	Nov. 30, 2022	Dec. 31, 2022	Dec. 31, 2022	Dec. 31, 2021
Disclosure of other provisions [line items]
Termination Fee Payable	$ 150,000	$ 150,000	$ 150,000	$ 0
Legal And Advisory Fees			6,814	0
Other Termination Fees			520	0
Termination Fee Payable			$ 157,334	$ 0

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details)	12 Months Ended
	Dec. 31, 2022
Bottom of range [member]
Disclosure of subsidiaries [line items]
Long-term average commodity price period	3 years
Bottom of range [member] | Mobile equipment [member]
Disclosure of subsidiaries [line items]
Useful lives of plant and equipment	3 years
Bottom of range [member] | Buildings and plant facilities [member]
Disclosure of subsidiaries [line items]
Useful lives of plant and equipment	25 years
Top of range [member]
Disclosure of subsidiaries [line items]
Leach column test duration	400 days
Projected metal recovery period	3 years
Long-term average commodity price period	5 years
Top of range [member] | Mobile equipment [member]
Disclosure of subsidiaries [line items]
Useful lives of plant and equipment	7 years
Top of range [member] | Buildings and plant facilities [member]
Disclosure of subsidiaries [line items]
Useful lives of plant and equipment	50 years
Weighted average [member]
Disclosure of subsidiaries [line items]
Leach column test duration	150 days
Bell Creek and Timmins West mines [member]
Disclosure of subsidiaries [line items]
Proportion of ownership interest in subsidiary	100%
La Colorada mine [member]
Disclosure of subsidiaries [line items]
Proportion of ownership interest in subsidiary	100%
Dolores mine [member]
Disclosure of subsidiaries [line items]
Proportion of ownership interest in subsidiary	100%
Huaron mine [member]
Disclosure of subsidiaries [line items]
Proportion of ownership interest in subsidiary	100%
Morococha mine [member]
Disclosure of subsidiaries [line items]
Proportion of ownership interest in subsidiary	92%
Shahuindo mine [member]
Disclosure of subsidiaries [line items]
Proportion of ownership interest in subsidiary	100%
La Arena mine [member]
Disclosure of subsidiaries [line items]
Proportion of ownership interest in subsidiary	100%
San Vicente mine [member]
Disclosure of subsidiaries [line items]
Proportion of ownership interest in subsidiary	95%
Escobal mine [member]
Disclosure of subsidiaries [line items]
Proportion of ownership interest in subsidiary	100%
Manantial Espejo mine & COSE project [member]
Disclosure of subsidiaries [line items]
Proportion of ownership interest in subsidiary	100%
Joaquin project [member]
Disclosure of subsidiaries [line items]
Proportion of ownership interest in subsidiary	100%
Navidad project [member]
Disclosure of subsidiaries [line items]
Proportion of ownership interest in subsidiary	100%

Significant Judgements in App_2

Significant Judgements in Applying Accounting Policies Disclosure of significant accounting policies (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Disclosure of detailed information about property, plant and equipment [line items]
(Impairment charges) reversals	$ 99,064	$ 0
Deferred Stripping Costs [member] | Dolores mine [member]
Disclosure of detailed information about property, plant and equipment [line items]
Deferred stripping costs	20,000	23,500
Deferred Stripping Costs [member] | La Arena mine [member]
Disclosure of detailed information about property, plant and equipment [line items]
Deferred stripping costs	$ 42,200	$ 41,000

Management of Capital (Details)

Management of Capital (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Equity	$ 2,201,618	$ 2,636,008	$ 2,605,839
Equity attributable to owners of parent [member]
Equity	$ 2,195,479	$ 2,631,554	$ 2,602,519

Tahoe Acquisition - Additional

Tahoe Acquisition - Additional Information (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($) shares	Dec. 31, 2021 USD ($)	Feb. 22, 2019 shares right
Disclosure of detailed information about business combination [line items]
Acquisition-related costs | $	$ 157,334	$ 0
CVRs [Member] | Tahoe Resources, Inc [member]
Disclosure of detailed information about business combination [line items]
Number of shares issued (shares) | shares	15,600,034		15,600,208
Number of CVRs issued | right			313,887,490

Tahoe Acquisition - Considerati

Tahoe Acquisition - Consideration Transferred (Details) - shares	Dec. 31, 2022	Feb. 22, 2019
Tahoe Resources, Inc [member] | Fair value estimate of the CVRs [Member]
Disclosure of detailed information about business combination [line items]
Shares Issued/Issuable (shares)	15,600,034	15,600,208

Financial Instruments - Financi

Financial Instruments - Financial Assets and Liabilities by Category (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Disclosure of Financial Assets and Liabilities [Line Items]
Financial assets	$ 394,125	$ 456,190
Derivatives [member]
Disclosure of Financial Assets and Liabilities [Line Items]
Financial liabilities	1,780	351
Debt [member]
Disclosure of Financial Assets and Liabilities [Line Items]
Financial liabilities	193,722	15,300
Cash and cash equivalents [member]
Disclosure of Financial Assets and Liabilities [Line Items]
Financial assets	107,005	283,550
Trade receivables from provisional concentrate sales [member]
Disclosure of Financial Assets and Liabilities [Line Items]
Financial assets	50,258	40,020
Receivables not arising from sale of metal concentrates [member]
Disclosure of Financial Assets and Liabilities [Line Items]
Financial assets	77,442	76,902
Short-term investments | Equity securities [member]
Disclosure of Financial Assets and Liabilities [Line Items]
Financial assets	35,337	51,723
Long-term investment | Other than equity securities [member]
Disclosure of Financial Assets and Liabilities [Line Items]
Financial assets	121,200
Derivatives [member]
Disclosure of Financial Assets and Liabilities [Line Items]
Financial assets	2,883	3,995
Amortized cost [member] | Derivatives [member]
Disclosure of Financial Assets and Liabilities [Line Items]
Financial liabilities	0	0
Amortized cost [member] | Debt [member]
Disclosure of Financial Assets and Liabilities [Line Items]
Financial liabilities	193,722	15,300
FVTPL [member] | Derivatives [member]
Disclosure of Financial Assets and Liabilities [Line Items]
Financial liabilities	1,780	351
FVTPL [member] | Debt [member]
Disclosure of Financial Assets and Liabilities [Line Items]
Financial liabilities	0	0
FVTOCI [member] | Derivatives [member]
Disclosure of Financial Assets and Liabilities [Line Items]
Financial liabilities	0
FVTOCI [member] | Debt [member]
Disclosure of Financial Assets and Liabilities [Line Items]
Financial liabilities	0
Amortized cost [member]
Disclosure of Financial Assets and Liabilities [Line Items]
Financial assets	184,447	360,452
Amortized cost [member] | Cash and cash equivalents [member]
Disclosure of Financial Assets and Liabilities [Line Items]
Financial assets	107,005	283,550
Amortized cost [member] | Trade receivables from provisional concentrate sales [member]
Disclosure of Financial Assets and Liabilities [Line Items]
Financial assets	0	0
Amortized cost [member] | Receivables not arising from sale of metal concentrates [member]
Disclosure of Financial Assets and Liabilities [Line Items]
Financial assets	77,442	76,902
Amortized cost [member] | Short-term investments | Equity securities [member]
Disclosure of Financial Assets and Liabilities [Line Items]
Financial assets	0	0
Amortized cost [member] | Long-term investment | Other than equity securities [member]
Disclosure of Financial Assets and Liabilities [Line Items]
Financial assets	0
Amortized cost [member] | Derivatives [member]
Disclosure of Financial Assets and Liabilities [Line Items]
Financial assets	0	0
FVTPL [member]
Disclosure of Financial Assets and Liabilities [Line Items]
Financial assets	88,478	95,738
FVTPL [member] | Cash and cash equivalents [member]
Disclosure of Financial Assets and Liabilities [Line Items]
Financial assets	0	0
FVTPL [member] | Trade receivables from provisional concentrate sales [member]
Disclosure of Financial Assets and Liabilities [Line Items]
Financial assets	50,258	40,020
FVTPL [member] | Receivables not arising from sale of metal concentrates [member]
Disclosure of Financial Assets and Liabilities [Line Items]
Financial assets		0
FVTPL [member] | Short-term investments | Equity securities [member]
Disclosure of Financial Assets and Liabilities [Line Items]
Financial assets	35,337	51,723
FVTPL [member] | Long-term investment | Other than equity securities [member]
Disclosure of Financial Assets and Liabilities [Line Items]
Financial assets	0
FVTPL [member] | Derivatives [member]
Disclosure of Financial Assets and Liabilities [Line Items]
Financial assets	2,883	$ 3,995
FVTOCI [member]
Disclosure of Financial Assets and Liabilities [Line Items]
Financial assets	121,200
FVTOCI [member] | Cash and cash equivalents [member]
Disclosure of Financial Assets and Liabilities [Line Items]
Financial assets	0
FVTOCI [member] | Trade receivables from provisional concentrate sales [member]
Disclosure of Financial Assets and Liabilities [Line Items]
Financial assets	0
FVTOCI [member] | Receivables not arising from sale of metal concentrates [member]
Disclosure of Financial Assets and Liabilities [Line Items]
Financial assets	0
FVTOCI [member] | Short-term investments | Equity securities [member]
Disclosure of Financial Assets and Liabilities [Line Items]
Financial assets	0
FVTOCI [member] | Long-term investment | Other than equity securities [member]
Disclosure of Financial Assets and Liabilities [Line Items]
Financial assets	121,200
FVTOCI [member] | Derivatives [member]
Disclosure of Financial Assets and Liabilities [Line Items]
Financial assets	$ 0

Financial Instruments - Finan_2

Financial Instruments - Financial Assets Recorded at FVTPL (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Disclosure of financial assets [line items]
Unrealized losses on short-term investments	$ 2,541	$ 3,763
Realized gains on short-term investments	9,877	9,156
Gains (losses) on financial assets at fair value through profit or loss	7,336	5,393
Equity securities [member]
Disclosure of financial assets [line items]
Unrealized losses on short-term investments	16,615	60,355
Realized gains on short-term investments	394	633
Gains (losses) on financial assets at fair value through profit or loss	$ (16,221)	$ (59,722)

Financial Instruments - Finan_3

Financial Instruments - Financial Assets Recorded at FVTOCI (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Financial instruments [Abstract]
Unrealized gains (losses) on financial assets at fair value through other comprehensive income	$ (3,477)	$ 0

Financial Instruments - Derivat

Financial Instruments - Derivative Instruments (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Gains (losses) on derivatives
Realized gains on derivatives	$ 9,877	$ 9,156
Unrealized losses on derivatives	(2,541)	(3,763)
Gains (losses) on financial assets at fair value through profit or loss	$ 7,336	$ 5,393

Financial Instruments - Fair Va

Financial Instruments - Fair Value Hierarchy (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Disclosure of Financial Assets and Liabilities [Line Items]
Short-term investments	$ 35,337	$ 51,723
Derivative assets	2,883	3,995
Derivative liabilities	(1,780)	(351)
Financial assets	394,125	456,190
Level 1 [member]
Disclosure of Financial Assets and Liabilities [Line Items]
Derivative assets	0	0
Derivative liabilities	0	0
Financial assets	156,537	51,723
Level 2 [member]
Disclosure of Financial Assets and Liabilities [Line Items]
Derivative assets	2,883	3,995
Derivative liabilities	(1,780)	(351)
Financial assets	51,361	43,664
Short-term investments | Level 1 [member]
Disclosure of Financial Assets and Liabilities [Line Items]
Short-term investments	35,337	51,723
Short-term investments | Level 2 [member]
Disclosure of Financial Assets and Liabilities [Line Items]
Short-term investments	0	0
Trade receivables from provisional concentrate sales [member]
Disclosure of Financial Assets and Liabilities [Line Items]
Financial assets	50,258	40,020
Trade receivables from provisional concentrate sales [member] | Level 1 [member]
Disclosure of Financial Assets and Liabilities [Line Items]
Financial assets	0	0
Trade receivables from provisional concentrate sales [member] | Level 2 [member]
Disclosure of Financial Assets and Liabilities [Line Items]
Financial assets	50,258	40,020
Long-term investment | Level 1 [member]
Disclosure of Financial Assets and Liabilities [Line Items]
Short-term investments	121,200	0
Long-term investment | Level 2 [member]
Disclosure of Financial Assets and Liabilities [Line Items]
Short-term investments	$ 0	$ 0

Financial Instruments - Additio

Financial Instruments - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Aug. 10, 2021
Disclosure of detailed information about financial instruments [line items]
Trade and other receivables	$ 136,614	$ 128,150
Value contained in precious metal inventory at refineries	497,930	526,106
Gains (losses) on derivative contracts	$ 7,336	$ 5,393
Interest earned on cash and short-term investments (percent)	1.40%	0.70%
Impact of 10% change in interest earned on earnings before taxes		$ 0
Outstanding debt	$ 180,010	11,900
Minimum finance lease payments payable, at present value	33,114	30,561
Impact of 10% increase in metal prices on revenues	149,900	165,100
Impact of 10% decrease in metal prices on revenues	151,600	166,400
Impact of 10% increase in metal prices on earnings before taxes	4,900	7,200
Impact of 10% decrease in metal prices on earnings before taxes	4,900	7,200
Dore [Member]
Disclosure of detailed information about financial instruments [line items]
Value contained in precious metal inventory at refineries	86,776	81,448
Production Concentration Risk [member]
Disclosure of detailed information about financial instruments [line items]
Value contained in precious metal inventory at refineries	37,000	52,300
Credit risk [member]
Disclosure of detailed information about financial instruments [line items]
Current advances to suppliers	8,914	11,228
Currency risk [member]
Disclosure of detailed information about financial instruments [line items]
Effect of 10% change in exchange rate on income before taxes	$ 10,700	$ 19,300
Interest rate risk [member]
Disclosure of detailed information about financial instruments [line items]
Weighted averate rate on lease liabilities	9.70%	10.60%
Interest rate risk [member] | Credit Facility [member]
Disclosure of detailed information about financial instruments [line items]
Outstanding debt			$ 500,000
Trade receivables from provisional concentrate sales [member] | Customer Concentration Risk [member]
Disclosure of detailed information about financial instruments [line items]
Trade and other receivables	$ 50,300	$ 40,000
Bottom of range [member] | Interest rate risk [member] | Credit Facility [member]
Disclosure of detailed information about financial instruments [line items]
Outstanding debt			500,000
Top of range [member] | Interest rate risk [member] | Credit Facility [member]
Disclosure of detailed information about financial instruments [line items]
Outstanding debt			$ 1,250,000
Weighted average [member] | Credit Facility [member]
Disclosure of detailed information about financial instruments [line items]
Interest rate on borrowings (percent)	5,700%

Financial Instruments - Exposur

Financial Instruments - Exposure to Credit Risk (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Disclosure of credit risk exposure [line items]
Cash and short-term investments	$ 107,005	$ 283,550	$ 167,113
Short-term investments	35,337	51,723
Credit risk [member]
Disclosure of credit risk exposure [line items]
Cash and short-term investments	107,005	283,550
Trade accounts receivable	50,258	40,020
Current advances to suppliers	8,914	11,228
Employee loans	$ 338	$ 667

Financial Instruments - Contrac

Financial Instruments - Contractual Maturities (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Disclosure of financial liabilities [abstract]
Total accounts payable and accrued liabilities	$ 308,054	$ 306,087
Income tax payables	25,833	59,133
Provisions	303,180	248,152
Current liabilities	380,840	387,675
Current	(17,853)	(8,041)
Long-term provisions	(285,327)	(240,111)
Deferred credit	20,788	20,788
Deferred tax liabilities	140,337	184,785
Contingent liability for decommissioning, restoration and rehabilitation costs [member]
Disclosure of financial liabilities [abstract]
Provisions	296,228	242,861	$ 235,110
Current	(14,400)	(5,300)
Long-term provisions	(281,800)	(237,600)
Liquidity risk [member]
Disclosure of financial liabilities [abstract]
Accounts payable and accrued liabilities other than:	291,436	275,629
Severance liabilities	20,033	31,582
Payroll liabilities	2,758	3,763
Total accounts payable and accrued liabilities	314,227	310,974
Income tax payables	25,833	59,133
Derivative liabilities	1,780	351
Debt: Repayment of principal	193,722	15,300
Debt: Interest & Standby Fees	29,028	8,912
Provisions	6,952	5,291
Future payroll liabilities	11,124	12,410
Current liabilities	582,666	412,371
Liquidity risk [member] | Within 1 year [member]
Disclosure of financial liabilities [abstract]
Accounts payable and accrued liabilities other than:	291,436	275,629
Severance liabilities	13,860	26,695
Payroll liabilities	2,758	3,763
Total accounts payable and accrued liabilities	308,054	306,087
Income tax payables	25,833	59,133
Derivative liabilities	1,780	351
Debt: Repayment of principal	13,712	3,400
Debt: Interest & Standby Fees	11,222	2,613
Provisions	3,448	2,738
Future payroll liabilities	2,465	3,352
Current liabilities	366,514	377,674
Liquidity risk [member] | 2 - 3 years [member]
Disclosure of financial liabilities [abstract]
Accounts payable and accrued liabilities other than:	0	0
Severance liabilities	1,039	404
Payroll liabilities	0	0
Total accounts payable and accrued liabilities	1,039	404
Income tax payables	0	0
Derivative liabilities	0	0
Debt: Repayment of principal	173,435	6,800
Debt: Interest & Standby Fees	17,681	4,867
Provisions	2,423	2,553
Future payroll liabilities	8,659	9,058
Current liabilities	203,237	23,682
Liquidity risk [member] | 4-5 years [member]
Disclosure of financial liabilities [abstract]
Accounts payable and accrued liabilities other than:	0	0
Severance liabilities	645	33
Payroll liabilities	0	0
Total accounts payable and accrued liabilities	645	33
Income tax payables	0	0
Derivative liabilities	0	0
Debt: Repayment of principal	6,575	5,100
Debt: Interest & Standby Fees	125	1,432
Provisions	0	0
Future payroll liabilities	0	0
Current liabilities	7,345	6,565
Liquidity risk [member] | After 5 years [member]
Disclosure of financial liabilities [abstract]
Accounts payable and accrued liabilities other than:	0	0
Severance liabilities	4,489	4,450
Payroll liabilities	0	0
Total accounts payable and accrued liabilities	4,489	4,450
Income tax payables	0	0
Derivative liabilities	0	0
Debt: Repayment of principal	0	0
Debt: Interest & Standby Fees	0	0
Provisions	1,081	0
Future payroll liabilities	0	0
Current liabilities	$ 5,570	$ 4,450

Financial Instruments - Expos_2

Financial Instruments - Exposure to Currency Risk (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Disclosure of nature and extent of risks arising from financial instruments [line items]
Cash and short-term investments	$ 107,005	$ 283,550	$ 167,113
Deferred tax assets and   liabilities	(84,458)	(128,832)
Gains (losses) on change in value of foreign currency basis spreads, net of tax	2,034	(3,095)
Currency risk [member]
Disclosure of nature and extent of risks arising from financial instruments [line items]
Cash and short-term investments	61,465	91,354
Other current and non-current assets	71,511	49,761
Income taxes receivable (payable), current and non- current	7,765	(43,399)
Accounts payable and accrued liabilities and non- current liabilities	(163,609)	(161,744)
Deferred tax assets and   liabilities	(84,458)	(128,832)
Canadian Dollar
Disclosure of nature and extent of risks arising from financial instruments [line items]
Gains (losses) on change in value of foreign currency basis spreads, net of tax	(2,944)	851
Canadian Dollar | Currency risk [member]
Disclosure of nature and extent of risks arising from financial instruments [line items]
Cash and short-term investments	40,904	60,507
Other current and non-current assets	2,602	3,389
Income taxes receivable (payable), current and non- current	0	0
Accounts payable and accrued liabilities and non- current liabilities	(42,345)	(27,448)
Deferred tax assets and   liabilities	24,048	36,799
Mexican Peso
Disclosure of nature and extent of risks arising from financial instruments [line items]
Gains (losses) on change in value of foreign currency basis spreads, net of tax	1,507	(202)
Mexican Peso | Currency risk [member]
Disclosure of nature and extent of risks arising from financial instruments [line items]
Cash and short-term investments	3,082	1,159
Other current and non-current assets	32,587	7,681
Income taxes receivable (payable), current and non- current	12,649	(14,633)
Accounts payable and accrued liabilities and non- current liabilities	(42,992)	(25,985)
Deferred tax assets and   liabilities	(16,295)	(64,297)
Argentine Peso | Currency risk [member]
Disclosure of nature and extent of risks arising from financial instruments [line items]
Cash and short-term investments	9,348	12,488
Other current and non-current assets	9,339	20,358
Income taxes receivable (payable), current and non- current	856	1,502
Accounts payable and accrued liabilities and non- current liabilities	(33,479)	(19,525)
Deferred tax assets and   liabilities	0	(13)
Bolivian Boliviano | Currency risk [member]
Disclosure of nature and extent of risks arising from financial instruments [line items]
Cash and short-term investments	4,849	8,397
Other current and non-current assets	6,645	499
Income taxes receivable (payable), current and non- current	(5,154)	(7,943)
Accounts payable and accrued liabilities and non- current liabilities	(8,655)	(23,914)
Deferred tax assets and   liabilities	(4,492)	(6,954)
European Euro | Currency risk [member]
Disclosure of nature and extent of risks arising from financial instruments [line items]
Cash and short-term investments	40	49
Other current and non-current assets	0	0
Income taxes receivable (payable), current and non- current	0	0
Accounts payable and accrued liabilities and non- current liabilities	0	0
Deferred tax assets and   liabilities	0	0
Peruvian Sol
Disclosure of nature and extent of risks arising from financial instruments [line items]
Gains (losses) on change in value of foreign currency basis spreads, net of tax	3,471	(3,744)
Peruvian Sol | Currency risk [member]
Disclosure of nature and extent of risks arising from financial instruments [line items]
Cash and short-term investments	3,183	8,585
Other current and non-current assets	20,233	17,295
Income taxes receivable (payable), current and non- current	(523)	(22,234)
Accounts payable and accrued liabilities and non- current liabilities	(28,873)	(54,953)
Deferred tax assets and   liabilities	(87,719)	(94,367)
Guatemala quetzal | Currency risk [member]
Disclosure of nature and extent of risks arising from financial instruments [line items]
Cash and short-term investments	59	169
Other current and non-current assets	105	539
Income taxes receivable (payable), current and non- current	(63)	(91)
Accounts payable and accrued liabilities and non- current liabilities	(7,265)	(9,919)
Deferred tax assets and   liabilities	$ 0	$ 0

Financial Instruments - Deriv_2

Financial Instruments - Derivative Gains and Losses (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Disclosure of nature and extent of risks arising from financial instruments [line items]
Gains (losses) on change in fair value of derivatives	$ 5,302	$ 8,489
Zinc gains
Disclosure of nature and extent of risks arising from financial instruments [line items]
Gains (losses) on change in fair value of derivatives	1,701	137
Copper losses
Disclosure of nature and extent of risks arising from financial instruments [line items]
Gains (losses) on change in fair value of derivatives	0	(1,139)
Diesel gains
Disclosure of nature and extent of risks arising from financial instruments [line items]
Gains (losses) on change in fair value of derivatives	4,499	9,397
Other
Disclosure of nature and extent of risks arising from financial instruments [line items]
Gains (losses) on change in fair value of derivatives	$ (898)	$ 94

Short Term Investments (Details

Short Term Investments (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Subclassifications of assets, liabilities and equities [abstract]
Short-term investments (Note 9)	$ 35,337	$ 51,723
Short-term investments, cost	20,781	20,419
Short-term investments, accumulated unrealized holding gains	$ 14,556	$ 31,304

Inventories (Details)

Inventories (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Disclosure of inventories [Line Items]
Total inventories	$ 497,930	$ 526,106
Less: current inventories	(471,630)	(500,462)
Non-current portion of inventories	26,300	25,644
Costs of inventories recognized as expense	1,446,356	1,264,812
Production costs	1,094,431	925,479
Depreciation and amortisation expense	316,036	302,958
NRV adjustments to inventory	97,700	8,700
Inventories, at net realisable value	135,800	203,700
Escobal mine [member]
Disclosure of inventories [Line Items]
Supplies	(19,000)	(18,300)
Concentrate [member]
Disclosure of inventories [Line Items]
Total inventories	31,380	30,647
Stockpile ore [member]
Disclosure of inventories [Line Items]
Total inventories	31,309	43,216
Non-current portion of inventories	900	4,400
Heap leach and in process [member]
Disclosure of inventories [Line Items]
Total inventories	258,750	286,266
Non-current portion of inventories	53,900	92,100
Dore and finished [member]
Disclosure of inventories [Line Items]
Total inventories	86,776	81,448
Materials and supplies [member]
Disclosure of inventories [Line Items]
Total inventories	$ 89,715	$ 84,529

Mineral Properties, Plant and_3

Mineral Properties, Plant and Equipment - Rollforward of Carrying Value (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Disclosure of detailed information about property, plant and equipment [line items]
Carrying value, beginning	$ 2,344,551	$ 2,415,006
Additions	300,617	266,474
Disposals	(17,124)	(18,292)
Depreciation, property, plant and equipment	(321,154)	(304,293)
Depreciation charge captured in inventory	(19,470)	(21,249)
(Impairment charges) reversals	(99,064)	0
Transfers	0	0
Closure and decommissioning – changes in estimate (Note 16)	37,998	6,905
Carrying value, ending	2,226,354	2,344,551
Cost	5,863,678	5,612,118
Depreciation and amortization included in mine care and maintenance	(5,100)	(1,300)
Accumulated depreciation, amortisation and impairment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Carrying value, beginning	(3,267,567)
Carrying value, ending	(3,637,324)	(3,267,567)
Other property, plant and equipment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Carrying value, beginning	474,727	679,531
Additions	20,470	16,766
Disposals	(5,785)	(4,542)
Depreciation, property, plant and equipment	(113,383)	(136,072)
Depreciation charge captured in inventory	0	0
(Impairment charges) reversals	(24,863)
Transfers	41,817	(80,956)
Closure and decommissioning – changes in estimate (Note 16)	0	0
Carrying value, ending	392,983	474,727
Cost	1,281,366	1,288,392
Other property, plant and equipment [member] | Accumulated depreciation, amortisation and impairment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Carrying value, beginning	(813,665)
Carrying value, ending	(888,383)	(813,665)
Depletable, Reserves and Resources [member] | Mining property [member]
Disclosure of detailed information about property, plant and equipment [line items]
Carrying value, beginning	1,115,905	996,745
Additions	237,339	210,484
Disposals	(11,339)	(1,435)
Depreciation, property, plant and equipment	(201,277)	(166,116)
Depreciation charge captured in inventory	(19,470)	(21,249)
(Impairment charges) reversals	(73,723)
Transfers	(122,720)	90,571
Closure and decommissioning – changes in estimate (Note 16)	37,998	6,905
Carrying value, ending	962,713	1,115,905
Cost	3,123,604	3,140,594
Depletable, Reserves and Resources [member] | Mining property [member] | Accumulated depreciation, amortisation and impairment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Carrying value, beginning	(2,024,689)
Carrying value, ending	(2,160,891)	(2,024,689)
Non-depletable, Reserves and Resources [member] | Mining property [member]
Disclosure of detailed information about property, plant and equipment [line items]
Carrying value, beginning	327,424	307,080
Additions	42,808	31,971
Disposals	0	0
Depreciation, property, plant and equipment	(6,494)	(2,105)
Depreciation charge captured in inventory	0	0
(Impairment charges) reversals	(478)
Transfers	78,860	(9,522)
Closure and decommissioning – changes in estimate (Note 16)	0	0
Carrying value, ending	442,120	327,424
Cost	617,364	343,705
Non-depletable, Reserves and Resources [member] | Mining property [member] | Accumulated depreciation, amortisation and impairment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Carrying value, beginning	(16,281)
Carrying value, ending	(175,244)	(16,281)
Non-depletable, Exploration and Evaluation [member] | Mining property [member]
Disclosure of detailed information about property, plant and equipment [line items]
Carrying value, beginning	426,495	431,650
Additions	0	7,253
Disposals	0	(12,315)
Depreciation, property, plant and equipment	0	0
Depreciation charge captured in inventory	0	0
(Impairment charges) reversals	0
Transfers	2,043	(93)
Closure and decommissioning – changes in estimate (Note 16)	0	0
Carrying value, ending	428,538	426,495
Cost	841,344	839,427
Non-depletable, Exploration and Evaluation [member] | Mining property [member] | Accumulated depreciation, amortisation and impairment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Carrying value, beginning	(412,932)
Carrying value, ending	$ (412,806)	$ (412,932)

Mineral Properties, Plant and_4

Mineral Properties, Plant and Equipment - Carrying Value (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	$ 2,226,354	$ 2,344,551	$ 2,415,006
Gross carrying amount [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	5,863,678	5,612,118
Accumulated depreciation, amortisation and impairment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	(3,637,324)	(3,267,567)
Mining assets [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	1,355,696	1,590,632
Mining assets [member] | Gross carrying amount [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	4,404,970	4,428,986
Mining assets [member] | Accumulated depreciation, amortisation and impairment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	(3,049,274)	(2,838,354)
Mining assets [member] | Huaron mine [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	88,111	82,798
Mining assets [member] | Huaron mine [member] | Gross carrying amount [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	231,282	224,700
Mining assets [member] | Huaron mine [member] | Accumulated depreciation, amortisation and impairment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	(143,171)	(141,902)
Mining assets [member] | Morococha mine [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	0	88,284
Mining assets [member] | Morococha mine [member] | Gross carrying amount [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	0	277,105
Mining assets [member] | Morococha mine [member] | Accumulated depreciation, amortisation and impairment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	0	(188,821)
Mining assets [member] | Shahuindo mine [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	457,077	457,369
Mining assets [member] | Shahuindo mine [member] | Gross carrying amount [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	636,466	590,096
Mining assets [member] | Shahuindo mine [member] | Accumulated depreciation, amortisation and impairment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	(179,389)	(132,727)
Mining assets [member] | La Arena mine [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	143,256	103,300
Mining assets [member] | La Arena mine [member] | Gross carrying amount [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	286,235	208,306
Mining assets [member] | La Arena mine [member] | Accumulated depreciation, amortisation and impairment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	(142,979)	(105,006)
Mining assets [member] | La Colorada mine [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	198,644	169,787
Mining assets [member] | La Colorada mine [member] | Gross carrying amount [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	403,698	355,471
Mining assets [member] | La Colorada mine [member] | Accumulated depreciation, amortisation and impairment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	(205,054)	(185,684)
Mining assets [member] | Dolores mine [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	197,287	387,132
Impairment charge	635,500	536,400
Mining assets [member] | Dolores mine [member] | Gross carrying amount [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	1,783,711	1,738,040
Mining assets [member] | Dolores mine [member] | Accumulated depreciation, amortisation and impairment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	(1,586,424)	(1,350,908)
Mining assets [member] | Manantial Espejo mine [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	0	18,687
Impairment charge	173,400	173,400
Mining assets [member] | Manantial Espejo mine [member] | Gross carrying amount [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	518,374	518,931
Mining assets [member] | Manantial Espejo mine [member] | Accumulated depreciation, amortisation and impairment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	(518,374)	(500,244)
Mining assets [member] | San Vicente mine [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	36,924	40,216
Mining assets [member] | San Vicente mine [member] | Gross carrying amount [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	156,260	151,045
Mining assets [member] | San Vicente mine [member] | Accumulated depreciation, amortisation and impairment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	(119,336)	(110,829)
Mining assets [member] | Lakeshore mine [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	226,294	231,585
Mining assets [member] | Lakeshore mine [member] | Gross carrying amount [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	359,414	335,488
Mining assets [member] | Lakeshore mine [member] | Accumulated depreciation, amortisation and impairment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	(133,120)	(103,903)
Mining assets [member] | Other
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	8,103	11,474
Mining assets [member] | Other | Gross carrying amount [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	29,530	29,804
Mining assets [member] | Other | Accumulated depreciation, amortisation and impairment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	(21,427)	(18,330)
Land [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	5,868	5,502
Land [member] | Gross carrying amount [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	6,879	6,373
Land [member] | Accumulated depreciation, amortisation and impairment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	(1,011)	(871)
Exploration and evaluation assets [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	870,658	753,919
Exploration and evaluation assets [member] | Gross carrying amount [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	1,458,708	1,183,132
Exploration and evaluation assets [member] | Accumulated depreciation, amortisation and impairment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	(588,050)	(429,213)
Exploration and evaluation assets [member] | Morococha mine [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	80,726	2,981
Exploration and evaluation assets [member] | Morococha mine [member] | Gross carrying amount [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	238,827	2,981
Exploration and evaluation assets [member] | Morococha mine [member] | Accumulated depreciation, amortisation and impairment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	(158,101)	0
Exploration and evaluation assets [member] | Shahuindo mine [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	1,376	3,549
Exploration and evaluation assets [member] | Shahuindo mine [member] | Gross carrying amount [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	1,376	3,549
Exploration and evaluation assets [member] | Shahuindo mine [member] | Accumulated depreciation, amortisation and impairment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	0	0
Exploration and evaluation assets [member] | La Arena mine [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	117,000	117,005
Exploration and evaluation assets [member] | La Arena mine [member] | Gross carrying amount [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	117,000	117,005
Exploration and evaluation assets [member] | La Arena mine [member] | Accumulated depreciation, amortisation and impairment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	0	0
Exploration and evaluation assets [member] | La Colorada mine [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	94,672	55,370
Exploration and evaluation assets [member] | La Colorada mine [member] | Gross carrying amount [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	94,672	55,370
Exploration and evaluation assets [member] | La Colorada mine [member] | Accumulated depreciation, amortisation and impairment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	0	0
Exploration and evaluation assets [member] | Lakeshore mine [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	63,043	63,018
Exploration and evaluation assets [member] | Lakeshore mine [member] | Gross carrying amount [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	63,043	63,018
Exploration and evaluation assets [member] | Lakeshore mine [member] | Accumulated depreciation, amortisation and impairment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	0	0
Exploration and evaluation assets [member] | Other
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	20,468	19,002
Exploration and evaluation assets [member] | Other | Gross carrying amount [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	32,734	32,426
Exploration and evaluation assets [member] | Other | Accumulated depreciation, amortisation and impairment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	(12,266)	(13,424)
Exploration and evaluation assets [member] | Navidad project [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	190,436	190,476
Impairment charge	386,100	386,100
Exploration and evaluation assets [member] | Navidad project [member] | Gross carrying amount [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	566,577	566,577
Exploration and evaluation assets [member] | Navidad project [member] | Accumulated depreciation, amortisation and impairment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	(376,141)	(376,101)
Exploration and evaluation assets [member] | Escobal mine [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	257,312	255,548
Exploration and evaluation assets [member] | Escobal mine [member] | Gross carrying amount [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	260,390	257,390
Exploration and evaluation assets [member] | Escobal mine [member] | Accumulated depreciation, amortisation and impairment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	(3,078)	(1,842)
Exploration and evaluation assets [member] | Minefinders project [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	39,757	41,468
Exploration and evaluation assets [member] | Minefinders project [member] | Gross carrying amount [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	77,210	78,443
Exploration and evaluation assets [member] | Minefinders project [member] | Accumulated depreciation, amortisation and impairment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mineral properties, plant and equipment	$ (37,453)	$ (36,975)

Mineral Properties, Plant and_5

Mineral Properties, Plant and Equipment - Additional Information (Details) $ in Thousands			12 Months Ended
	Jul. 12, 2021 USD ($)	Jun. 28, 2021 USD ($) shares	Dec. 31, 2022 USD ($) shares	Dec. 31, 2021 USD ($)	Feb. 22, 2019 shares right
Disclosure of detailed information about property, plant and equipment [line items]
Proceeds from sales of property, plant and equipment, classified as investing activities	$ 33,500		$ 8,713	$ 45,798
Gains (losses) on disposals of property, plant and equipment	$ 32,500
Smelter royalty percentage retained	2%
Other Party
Disclosure of detailed information about property, plant and equipment [line items]
Proceeds from sales of property, plant and equipment, classified as investing activities			$ 7,000
Maverix Metals Inc. [member]
Disclosure of detailed information about property, plant and equipment [line items]
Proceeds from sales of property, plant and equipment, classified as investing activities		$ 9,500
Number of shares issued (shares) | shares		491,071
Gains (losses) on disposals of property, plant and equipment		$ 800
Tahoe Resources, Inc [member] | Fair value estimate of the CVRs [Member]
Disclosure of detailed information about property, plant and equipment [line items]
Number of shares issued (shares) | shares			15,600,034		15,600,208
Number of CVRs issued | right					313,887,490

Impairment - Summary Of Impairm

Impairment - Summary Of Impairment Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Dolores mine [member]
Disclosure of impairment loss and reversal of impairment loss [line items]
Impairment loss recognised in profit or loss	$ 99,064	$ 0

Impairment - Narrative (Details

Impairment - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Disclosure of impairment loss and reversal of impairment loss [line items]
Inventories, at net realisable value	$ 135,800	$ 203,700
Dolores mine [member]
Disclosure of impairment loss and reversal of impairment loss [line items]
Impairment loss recognised in profit or loss	$ 99,064	$ 0
Weighted Average Capitalisation Rate Of Discount	6%
Dolores mine [member] | Revision of Prior Period, Adjustment [Member]
Disclosure of impairment loss and reversal of impairment loss [line items]
Inventories, at net realisable value	$ 55,400

Impairment - Summary Of Price A

Impairment - Summary Of Price Assumptions In Impairment Assessment (Details) - Weighted average [member]	Jun. 30, 2022 $ / Ounce
Gold, Ounces
Disclosure of impairment loss and reversal of impairment loss [line items]
Period of analyst consensus prices used for economic impairment modeling	1,651
Gold, Ounces | Weighted average cost of capital, measurement input [member]
Disclosure of impairment loss and reversal of impairment loss [line items]
Period of analyst consensus prices used for economic impairment modeling	1,802
Silver, Ounces
Disclosure of impairment loss and reversal of impairment loss [line items]
Period of analyst consensus prices used for economic impairment modeling	21.77
Silver, Ounces | Weighted average cost of capital, measurement input [member]
Disclosure of impairment loss and reversal of impairment loss [line items]
Period of analyst consensus prices used for economic impairment modeling	23.56

Investment in Associates - Acti

Investment in Associates - Activity (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Disclosure of associates [line items]
Equity pick-up from equity investees	$ 45,033	$ 4,347
Maverix Metals Inc. [member]
Disclosure of associates [line items]
Balance of investment, beginning of period	77,410	71,560
Acquisition of shares in associate		2,616
Equity pick-up from equity investees		4,510
Dilution losses		34
Adjustment for change in ownership interest	413	(22)
Dividends received	(325)	(1,220)
Loss of significant influence	47,179
Investment revaluation reserve fair value adjustment	(3,477)
Balance of investment, end of period	121,200	77,410
Long-term investment | Maverix Metals Inc. [member]
Disclosure of associates [line items]
Balance of investment, beginning of period	0	0
Acquisition of shares in associate		0
Equity pick-up from equity investees		0
Dilution losses		0
Adjustment for change in ownership interest	0	0
Dividends received	0	0
Loss of significant influence	124,677
Investment revaluation reserve fair value adjustment	(3,477)
Balance of investment, end of period	121,200	0
Investment in Associate | Maverix Metals Inc. [member]
Disclosure of associates [line items]
Balance of investment, beginning of period	77,410	71,560
Acquisition of shares in associate		2,616
Equity pick-up from equity investees		4,510
Dilution losses		34
Adjustment for change in ownership interest	413	(22)
Dividends received	(325)	(1,220)
Loss of significant influence	(77,498)
Investment revaluation reserve fair value adjustment	0
Balance of investment, end of period	$ 0	$ 77,410

Investment in Associates - Addi

Investment in Associates - Additional Information (Details) - USD ($) $ in Millions			5 Months Ended
	Jan. 26, 2023	Jan. 19, 2023	Jun. 05, 2020	Mar. 31, 2022
Disclosure of associates [line items]
Gain (Loss) Concurrent With Redesignation Of Investment				$ 44.6
Triple Flag | Major ordinary share transactions [member]
Disclosure of associates [line items]
Cash Received For Interest		$ 58.8
Shares Received For Interest		3,954,471
Proceeds from sale of shares in associate (Note 13)	$ 46.5
Commissions on investment dispositions	$ 1.3
Maverix Metals Inc. [member]
Disclosure of associates [line items]
Proportion of ownership interest in associate			17%
Maverix Metals Inc. [member] | Major ordinary share transactions [member]
Disclosure of associates [line items]
Shares In Interest Exchange		25,974,571
Maverix Sale | Major ordinary share transactions [member]
Disclosure of associates [line items]
Payments for share issue costs		$ 86.7
Maverix Sale | Triple Flag | Major ordinary share transactions [member]
Disclosure of associates [line items]
Number of shares issued		45,100,000

Goodwill and Other Assets (Deta

Goodwill and Other Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Miscellaneous non-current assets [abstract]
Goodwill	$ 2,775	$ 2,775
Equity investments	2,059	1,247
Other assets	1,075	1,124
Total goodwill and other assets	$ 5,909	$ 5,146

Accounts Payable (Details)

Accounts Payable (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Trade and other current payables [abstract]
Trade payables	$ 88,808	$ 77,461
Royalties payable	20,886	24,113
Other accounts payable and accrued liabilities	111,282	107,207
Payroll and related benefits	66,608	64,968
Other taxes payable	8,508	12,006
Other tax payables	11,962	20,332
Total accounts payable and accrued liabilities	$ 308,054	$ 306,087

Provisions (Details)

Provisions (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Disclosure of other provisions [line items]
Provisions, beginning	$ 248,152
Provisions, ending	303,180	$ 248,152
Contingent liability for decommissioning, restoration and rehabilitation costs [member]
Disclosure of other provisions [line items]
Provisions, beginning	242,861	235,110
Revisions in estimates and obligations incurred	42,754	6,278
Accretion expense (Note 25)	14,841	7,470
Increase (Decrease) Through Change in Estimate, Other Provisions	(4,228)	(5,997)
Litigation	6,952	5,291
Total provisions	303,180	248,152
Increase (Decrease) in Reclamation Expenditures	4,200	6,000
Increase (Decrease) in Accretion Expense	14,800	7,500
Provisions, ending	$ 296,228	242,861
Litigation [member]
Disclosure of other provisions [line items]
Provisions, beginning		$ 5,300

Provisions Current and Non-curr

Provisions Current and Non-current Provisions (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Provisions [abstract]
Current	$ 17,853	$ 8,041
Non-current	285,327	240,111
Provisions	$ 303,180	$ 248,152

Provisions - Additional Informa

Provisions - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Disclosure of other provisions [line items]
Provision accrued for labour claims	$ 303,180	$ 248,152
Contingent liability for decommissioning, restoration and rehabilitation costs [member]
Disclosure of other provisions [line items]
Accretion charged to earnings as finance expense	14,800	7,500
Increase (Decrease) in Reclamation Expenditures	4,200	6,000
Provision accrued for labour claims	$ 296,228	$ 242,861	$ 235,110
Litigation [member]
Disclosure of other provisions [line items]
Provision accrued for labour claims			$ 5,300
Bottom of range [member] | Contingent liability for decommissioning, restoration and rehabilitation costs [member]
Disclosure of other provisions [line items]
Inflation rate (percent)	2%	1%
Discount rate (percent)	3%	1%
Top of range [member] | Contingent liability for decommissioning, restoration and rehabilitation costs [member]
Disclosure of other provisions [line items]
Inflation rate (percent)	6%	5%
Discount rate (percent)	11%	9%

Leases - Summary of Changes in

Leases - Summary of Changes in ROU Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Changes in Right-of-Use Assets [Roll Forward]
Balance, beginning of period	$ 29,496	$ 33,543
Additions to right-of-use assets	18,977	9,924
Depreciation, right-of-use assets	(14,961)	(12,444)
Increase (Decrease) Through Other, Right-of-Use Assets	(3,249)	(1,527)
Balance, end of period	$ 30,263	$ 29,496

Leases - Reconciliation of Undi

Leases - Reconciliation of Undiscounted Cash Flows (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Lessee, Lease, Description [Line Items]
Total undiscounted lease obligations	$ 46,143	$ 45,300
Less future interest charges	(13,029)	(14,739)
Total discounted lease obligations	33,114	30,561
Less: current portion of lease obligations	(13,608)	(10,663)
Non-current portion of lease obligations	19,506	19,898
Within one year [member]
Lessee, Lease, Description [Line Items]
Total undiscounted lease obligations	14,139	11,690
Between one and five years [member]
Lessee, Lease, Description [Line Items]
Total undiscounted lease obligations	17,592	16,676
Beyond five years [member]
Lessee, Lease, Description [Line Items]
Total undiscounted lease obligations	$ 14,412	$ 16,934

Debt - Schedule of Debt Rollfor

Debt - Schedule of Debt Rollforward (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
SL Credit Facility
Disclosure of detailed information about borrowings [line items]
Repayments of borrowings	$ 0	$ 0
Proceeds from borrowings	160,000	0
Loans outstanding	160,000	0	$ 0
Other
Disclosure of detailed information about borrowings [line items]
Repayments of borrowings	5,239	1,700
Proceeds from borrowings	23,661	17,000
Loans outstanding	33,722	15,300	0
Loans [Member]
Disclosure of detailed information about borrowings [line items]
Repayments of non-current borrowings	5,239	1,700
Repayments of current borrowings	0	0
Repayment of debt (Note 18)	183,661	17,000
Proceeds from current borrowings	0	0
Current borrowings	(13,712)	(3,400)	0
Current portion of non-current borrowings	$ 180,010	$ 11,900	$ 0

Debt (Details)

Debt (Details) $ in Thousands	1 Months Ended	3 Months Ended	12 Months Ended
	Nov. 30, 2022 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Aug. 10, 2021 USD ($)
Disclosure of detailed information about borrowings [line items]
Long-term debt (Note 18)		$ 180,010	$ 180,010	$ 11,900
Promissory Notes
Disclosure of detailed information about borrowings [line items]
Interest rate on borrowings (percent)		5.60%	5.60%
June 2021 Loan
Disclosure of detailed information about borrowings [line items]
Interest rate on borrowings (percent)		3.60%	3.60%
May 2022 Loan
Disclosure of detailed information about borrowings [line items]
Interest rate on borrowings (percent)		2.20%	2.20%
Credit Facility [member]
Disclosure of detailed information about borrowings [line items]
Debt covenant, leverage ratio		3.5	3.5
Debt covenant, interest coverage ratio		3	3
Credit Facility [member] | Interest rate risk [member]
Disclosure of detailed information about borrowings [line items]
Long-term debt (Note 18)					$ 500,000
Credit Facility [member] | Bottom of range [member] | Interest rate risk [member]
Disclosure of detailed information about borrowings [line items]
Long-term debt (Note 18)					500,000
Credit Facility [member] | Top of range [member] | Interest rate risk [member]
Disclosure of detailed information about borrowings [line items]
Long-term debt (Note 18)					$ 1,250,000
SL Credit Facility
Disclosure of detailed information about borrowings [line items]
Proceeds from borrowings			$ 160,000	0
Tahoe Resources, Inc [member] | Credit Facility [member] | Bottom of range [member]
Disclosure of detailed information about borrowings [line items]
Line of credit facility, unused capacity, commitment fee (percent)			0.41%
Tahoe Resources, Inc [member] | Credit Facility [member] | Top of range [member]
Disclosure of detailed information about borrowings [line items]
Line of credit facility, unused capacity, commitment fee (percent)			0.63%
Yamana By Gold Fields
Disclosure of detailed information about borrowings [line items]
Termination Fee Payable	$ 150,000	$ 150,000	$ 150,000	$ 0
LIBOR [member] | Tahoe Resources, Inc [member] | Credit Facility [member] | Bottom of range [member]
Disclosure of detailed information about borrowings [line items]
Borrowings, adjustment to interest rate basis		1.825%	1.825%
LIBOR [member] | Tahoe Resources, Inc [member] | Credit Facility [member] | Top of range [member]
Disclosure of detailed information about borrowings [line items]
Borrowings, adjustment to interest rate basis		2.80%	2.80%
Bank of Nova Scotia's Base Rate [member] | Tahoe Resources, Inc [member] | Credit Facility [member] | Bottom of range [member]
Disclosure of detailed information about borrowings [line items]
Borrowings, adjustment to interest rate basis		0.825%	0.825%
Bank of Nova Scotia's Base Rate [member] | Tahoe Resources, Inc [member] | Credit Facility [member] | Top of range [member]
Disclosure of detailed information about borrowings [line items]
Borrowings, adjustment to interest rate basis		1.80%	1.80%

Regulatory deferral accounts (D

Regulatory deferral accounts (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Deferred Revenue [Abstract]
Deferred revenue (Note 19)	$ 13,900	$ 12,516

Other Long Term Liabilities (De

Other Long Term Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Subclassifications of assets, liabilities and equities [abstract]
Deferred credit	$ 20,788	$ 20,788
Other tax payables	0	16
Severance liabilities	6,172	4,887
Other non-current non-financial liabilities	$ 26,960	$ 25,691

Share-Based Compensation And _3

Share-Based Compensation And Other Related Information - Additional Information (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($) shares right	Dec. 31, 2021 USD ($) shares	Feb. 22, 2019 shares right
Disclosure of share-based payment arrangements [Abstract]
Share-based compensation | $	$ 3,936	$ 5,128
Granted (shares)	191,649
Granted (shares)		53,115
Number of common share option exercised (shares)	79,542	65,780
Disclosure of non-adjusting events after reporting period [line items]
Number of shares issued in lieu of directors fees (shares)	14,745	9,646
Directors' remuneration expense | $	$ 300
Number of shares authorised (shares)	400,000,000
Fair value estimate of the CVRs [Member] | Tahoe Resources, Inc [member]
Disclosure of detailed information about business combination [line items]
Number of CVRs issued | right			313,887,490
Number of shares issued (shares)	15,600,034		15,600,208
Number of CVRs outstanding | right	313,883,990

Share-Based Compensation And _4

Share-Based Compensation And Other Related Information - Option Activity (Details)	12 Months Ended
	Dec. 31, 2022 shares $ / shares	Dec. 31, 2022 shares $ / shares	Dec. 31, 2021 shares $ / shares	Dec. 31, 2021 shares $ / shares
Disclosure of share-based payment arrangements [Abstract]
Share options outstanding, beginning (shares)	279,003	279,003	317,417	317,417
Granted (shares)			53,115	53,115
Granted (shares)	191,649	191,649
Exercised (shares)	(79,542)	(79,542)	(65,780)	(65,780)
Expired (shares)	(4,324)	(4,324)	(2,162)	(2,162)
Forfeited (shares)	(9,819)	(9,819)	(23,587)	(23,587)
Share options outstanding, ending (shares)	376,967	376,967	279,003	279,003
Outstanding, beginning of period (CAD$ per share) | $ / shares	$ 21.38		$ 18.78
Granted (CAD$ per share) | (per share)		$ 22.95	30.70	$ 30.70
Granted (CAD$ per share) | $ / shares	22.95
Exercised (CAD$ per share) | $ / shares	15.12		11.77
Expired (CAD$ per share) | $ / shares	41.62		41.62
Forfeited (CAD$ per share) | $ / shares	31.32		32.27
Outstanding, end of period (CAD$ per share) | $ / shares	$ 23.01		$ 21.38

Share-Based Compensation And _5

Share-Based Compensation And Other Related Information - Options Outstanding and Exercisable (Details)	12 Months Ended
	Dec. 31, 2022 shares $ / shares	Dec. 31, 2021 shares $ / shares	Dec. 31, 2020 shares $ / shares
Disclosure of range of exercise prices of outstanding share options [line items]
Number Outstanding at Year End (shares) | shares	376,967	279,003	317,417
Weighted Average Remaining Contractual Life (years)	3 years 7 months 2 days
Weighted Average Exercise Price (CAD$ per share) | $ / shares	$ 23.01	$ 21.38	$ 18.78
Number Exercisable at Year End (shares) | shares	155,993
Weighted Average Exercise Price (CAD$ per share) | $ / shares	$ 21.64
$9.76 - $23.61 [member]
Disclosure of range of exercise prices of outstanding share options [line items]
Number Outstanding at Year End (shares) | shares	290,657
Weighted Average Remaining Contractual Life (years)	3 years 5 months 15 days
Weighted Average Exercise Price (CAD$ per share) | $ / shares	$ 21.17
Number Exercisable at Year End (shares) | shares	99,008
Weighted Average Exercise Price (CAD$ per share) | $ / shares	$ 17.72
$23.62 - $35.21 [member]
Disclosure of range of exercise prices of outstanding share options [line items]
Number Outstanding at Year End (shares) | shares	35,409
Weighted Average Remaining Contractual Life (years)	5 years 11 months 4 days
Weighted Average Exercise Price (CAD$ per share) | $ / shares	$ 25.35
Number Exercisable at Year End (shares) | shares	35,409
Weighted Average Exercise Price (CAD$ per share) | $ / shares	$ 25.35
$35.22 - $46.53 [member]
Disclosure of range of exercise prices of outstanding share options [line items]
Number Outstanding at Year End (shares) | shares	43,993
Weighted Average Remaining Contractual Life (years)	3 years 1 month 17 days
Weighted Average Exercise Price (CAD$ per share) | $ / shares	$ 30.70
Number Exercisable at Year End (shares) | shares	14,668
Weighted Average Exercise Price (CAD$ per share) | $ / shares	$ 30.70
$46.54 - $65.71 [member]
Disclosure of range of exercise prices of outstanding share options [line items]
Number Outstanding at Year End (shares) | shares	6,908
Weighted Average Remaining Contractual Life (years)	10 months 2 days
Weighted Average Exercise Price (CAD$ per share) | $ / shares	$ 39.48
Number Exercisable at Year End (shares) | shares	6,908
Weighted Average Exercise Price (CAD$ per share) | $ / shares	$ 39.48

Share-Based Compensation And _6

Share-Based Compensation And Other Related Information - Assumptions (Details)	12 Months Ended
	Dec. 31, 2022 USD ($) year $ / shares	Dec. 31, 2021 USD ($) year $ / shares	Dec. 31, 2021 USD ($) year $ / shares
Disclosure of share-based payment arrangements [Abstract]
Expected life (years) | year	4.5	4	4
Expected volatility	44.30%	44%	44%
Expected dividend yield	2.70%	2.40%	2.40%
Risk-free interest rate	3.40%	1.90%	1.90%
Weighted average exercise price (CAD$) | (per share)	$ 22.95	$ 30.70	$ 30.70
Weighted average fair value (CAD$) | $	$ 7.69	$ 9.39	$ 9.39

Share-Based Compensation And _7

Share-Based Compensation And Other Related Information - Performance Share Unit Activity (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($) shares	Dec. 31, 2021 USD ($) shares	Dec. 31, 2022 CAD ($)	Dec. 31, 2021 CAD ($)
Disclosure of terms and conditions of share-based payment arrangement [line items]
Share-based compensation	$ 3,936	$ 5,128
Performance Share Units [member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
PSU performance period	3 years
Weighted average fair value at measurement date, other equity instruments granted			$ 21.16	$ 32.72
Share-based compensation		$ 1,900
Other equity instruments outstanding. beginning (shares | shares	217,648	255,559
Granted (shares) | shares	150,469	79,417
Paid out (shares) | shares	(80,159)	(117,328)
Other equity instruments outstanding, ending (shares) | shares	287,958	217,648
Fair value of other equity instruments outstanding, beginning	$ 5,479	$ 8,870
Granted, fair value	2,456	2,049
Paid out, fair value	(828)	(4,539)
Change in value, fair value	(2,319)	(901)
Fair value of other equity instruments outstanding, ending	$ 4,788	$ 5,479

Share-Based Compensation And _8

Share-Based Compensation And Other Related Information - Restricted Stock Unit Activity (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($) shares	Dec. 31, 2021 USD ($) shares
Disclosure of terms and conditions of share-based payment arrangement [line items]
Share-based compensation	$ 3,936	$ 5,128
Restricted Share Units [member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Share-based compensation	$ 1,500	$ 1,800
Other equity instruments outstanding. beginning (shares | shares	426,400	396,572
Granted (shares) | shares	341,060	240,366
Paid out (shares) | shares	(198,344)	(197,320)
Forfeited (shares) | shares	(17,324)	(13,218)
Other equity instruments outstanding, ending (shares) | shares	551,792	426,400
Fair value of other equity instruments outstanding, beginning	$ 10,691	$ 13,730
Granted, fair value	5,567	5,818
Paid out, fair value	(3,402)	(4,829)
Forfeited, fair value	(283)	(329)
Change in value, fair value	(3,453)	(3,699)
Fair value of other equity instruments outstanding, ending	$ 9,120	$ 10,691

Share-Based Compensation And _9

Share-Based Compensation And Other Related Information - Dividends (Details) - $ / shares									1 Months Ended
	Nov. 21, 2022	Aug. 22, 2022	May 24, 2022	Mar. 01, 2021	Nov. 16, 2020	Aug. 17, 2020	May 19, 2020	Mar. 02, 2020	Mar. 08, 2023
Disclosure of terms and conditions of share-based payment arrangement [line items]
Dividends paid (dollars per share)	$ 0.10	$ 0.11	$ 0.12		$ 0.10	$ 0.10	$ 0.07	$ 0.07
Dividends Paid [member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Dividends paid (dollars per share)				$ 0.12					$ 0.10

Production Costs (Details)

Production Costs (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Production Costs [Line Items]
Materials and consumables	$ 414,302	$ 381,446
Employee compensation and benefits expense	310,715	317,081
Contractors	232,096	226,095
Utilities	56,204	48,675
Other expenses	30,843	34,165
Changes in inventories	50,271	(81,983)
Production Costs	1,094,431	925,479
NRV adjustments to inventory	$ 97,700	$ 8,700

Production Costs - Employee Com

Production Costs - Employee Compensation and Benefits Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Production Costs [Line Items]
Wages and salaries	$ 328,384	$ 352,736
Severances	23,884	0
Share-based compensation	3,936	5,128
Total employee compensation and benefit expenses	356,204	357,864
Less: Expensed within Care and Maintenance expenses	(11,721)	(4,310)
Less: Expensed within General and Administrative expenses	(26,179)	(31,230)
Less: Expensed within Exploration expenses	(7,589)	(5,243)
Employee compensation and benefits expenses included in production costs	310,715	$ 317,081
Manantial Espejo mine [member]
Production Costs [Line Items]
Severances	15,500
Morococha mine [member]
Production Costs [Line Items]
Severances	5,600
Dolores mine [member]
Production Costs [Line Items]
Severances	$ 2,800

Mine Care and Maintenance (Deta

Mine Care and Maintenance (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Disclosure of detailed information about property, plant and equipment [line items]
Mine care and maintenance	$ 45,123	$ 31,780
Navidad project [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mine care and maintenance	4,996	7,423
Morococha mine [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mine care and maintenance	15,533	0
Escobal mine [member]
Disclosure of detailed information about property, plant and equipment [line items]
Mine care and maintenance	$ 24,594	$ 24,357

Interest and Finance Expense (D

Interest and Finance Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Borrowing costs [abstract]
Interest expense	$ 5,311	$ 3,660
Finance fees	2,311	5,068
Accretion expense (Note 16)	14,841	7,470
Interest and finance expense	$ 22,463	$ 16,198

Earnings Per Share (Basic and_3

Earnings Per Share (Basic and Diluted) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Earnings per share [abstract]
Profit (loss)	$ (340,063)	$ 98,562
Net earnings	$ (341,748)	$ 97,428
Basic earnings per share (shares)	210,521	210,298
Basic earnings per share (in USD per share)	$ (1.62)	$ 0.46
Effect of dilutive securities:
Stock Options (shares)	0	137
Diluted earnings per share (shares)	210,521	210,435
Diluted earnings per share (in USD per share)	$ (1.62)	$ 0.46

Earnings Per Share (Potential D

Earnings Per Share (Potential Dilutive Securities) (Details)	12 Months Ended
	Dec. 31, 2022 shares	Dec. 31, 2021 shares	Feb. 22, 2019 shares
Earnings per share [line items]
Stock Options (shares)	0	137,000
Potential Dilutive Securities
Earnings per share [line items]
Stock Options (shares)	15,977,001	15,665,078
Fair value estimate of the CVRs [Member]
Earnings per share [line items]
Number of shares outstanding	313,883,990	313,883,990
Fair value estimate of the CVRs [Member] | Tahoe Resources, Inc [member]
Earnings per share [line items]
Number of shares issued (shares)	15,600,034		15,600,208
Fair value estimate of the CVRs [Member] | Tahoe Resources, Inc [member] | Potential Dilutive Securities
Earnings per share [line items]
Number of shares issued (shares)	15,600,034	15,600,034

Supplemental Cash Flow Inform_3

Supplemental Cash Flow Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Other operating activities
Unrealized foreign exchange losses	$ 12,840	$ 6,703
Share-based compensation expense	3,936	5,128
Interest expense (Note 25)	5,311	3,660
Investment loss	16,221	59,722
Gains on derivatives (Note 8(d))	(7,336)	(5,393)
Loss from equity investees (Note 13)	(45,033)	(4,347)
Losses (gains) on disposition of mineral properties, plant and equipment (Note 11)	2,439	(32,167)
Net realizable value inventory charge (Note 22)	97,742	8,719
Other inflows (outflows) of cash, classified as operating activities	17,190	(22,069)
Changes in non-cash operating working capital items:
Trade and other receivables	(12,692)	(2,874)
Inventories	(50,035)	(82,885)
Prepaid expenses	2,546	1,049
Accounts payable and accrued liabilities	20,711	18,086
Provisions	(2,567)	(4,445)
Changes in non-cash working capital	(42,037)	(71,069)
Significant non-cash items [Abstract]
Increase (decrease) through share-based payment transactions, equity	2,497	3,312
Cash and Cash Equivalents
Cash in banks	107,005	283,550
Issued capital [member]
Significant non-cash items [Abstract]
Increase (decrease) through share-based payment transactions, equity	$ 2,497	$ 3,312

Segmented Information - Summary

Segmented Information - Summary of Information Relati (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Disclosure of operating segments [line items]
Revenue	$ 1,494,718	$ 1,632,750
Production costs and royalties	1,130,320	961,854
Depreciation	316,036	302,958
Mine operating earnings	48,362	367,938
Mine care and maintenance	45,123	31,780
Capital expenditures	289,521	255,874
Silver Segment [member]
Disclosure of operating segments [line items]
Revenue	504,836	601,336
Production costs and royalties	392,114	401,943
Depreciation	66,211	71,114
Mine operating earnings	46,511	128,279
Capital expenditures	121,533	98,451
Gold Segment [member]
Disclosure of operating segments [line items]
Revenue	989,882	1,031,414
Production costs and royalties	738,206	559,911
Depreciation	247,620	230,127
Mine operating earnings	4,056	241,376
Capital expenditures	166,081	156,021
Dolores mine [member] | Mexico | Silver Segment [member]
Disclosure of operating segments [line items]
Revenue	303,934	342,556
Production costs and royalties	301,892	186,285
Depreciation	129,803	106,397
Mine operating earnings	(127,761)	49,874
Capital expenditures	35,855	40,566
La Colorada mine [member] | Mexico | Silver Segment [member]
Disclosure of operating segments [line items]
Revenue	155,039	130,112
Production costs and royalties	98,695	75,192
Depreciation	20,249	20,505
Mine operating earnings	36,095	34,415
Capital expenditures	91,682	65,532
Huaron mine [member] | Peru | Silver Segment [member]
Disclosure of operating segments [line items]
Revenue	145,730	154,634
Production costs and royalties	100,511	90,126
Depreciation	11,836	11,564
Mine operating earnings	33,383	52,944
Capital expenditures	15,574	10,897
Morococha mine [member]
Disclosure of operating segments [line items]
Mine care and maintenance	15,533	0
Morococha mine [member] | Peru | Silver Segment [member]
Disclosure of operating segments [line items]
Revenue	22,059	108,699
Production costs and royalties	20,642	75,182
Depreciation	2,332	13,738
Mine operating earnings	(915)	19,779
Capital expenditures	1,252	8,329
San Vicente mine [member] | Bolivia | Silver Segment [member]
Disclosure of operating segments [line items]
Revenue	76,935	80,446
Production costs and royalties	59,596	54,569
Depreciation	8,744	9,276
Mine operating earnings	8,595	16,601
Capital expenditures	7,156	5,340
Manantial Espejo mine [member] | Argentina | Silver Segment [member]
Disclosure of operating segments [line items]
Revenue	105,073	127,445
Production costs and royalties	112,670	106,874
Depreciation	23,050	16,031
Mine operating earnings	(30,647)	4,540
Capital expenditures	4,263	7,575
Escobal mine [member]
Disclosure of operating segments [line items]
Mine care and maintenance	24,594	24,357
Escobal mine [member] | Guatemala | Silver Segment [member]
Disclosure of operating segments [line items]
Revenue	0	0
Production costs and royalties	0	0
Depreciation	0	0
Mine operating earnings	0	0
Capital expenditures	1,606	778
Shahuindo mine [member] | Peru | Gold Segment [member]
Disclosure of operating segments [line items]
Revenue	266,375	255,771
Production costs and royalties	146,179	115,009
Depreciation	44,503	42,600
Mine operating earnings	75,693	98,162
Capital expenditures	44,604	27,678
La Arena mine [member] | Peru | Gold Segment [member]
Disclosure of operating segments [line items]
Revenue	175,865	194,582
Production costs and royalties	103,869	84,243
Depreciation	34,674	41,362
Mine operating earnings	37,322	68,977
Capital expenditures	47,970	45,479
Timmins mine [member] | Canada | Gold Segment [member]
Disclosure of operating segments [line items]
Revenue	243,708	238,505
Production costs and royalties	186,266	174,374
Depreciation	38,640	39,768
Mine operating earnings	18,802	24,363
Capital expenditures	37,652	42,298
Pas Corp mine [member] | Canada | Other Segment [member]
Disclosure of operating segments [line items]
Revenue	0	0
Production costs and royalties	0	0
Depreciation	439	407
Mine operating earnings	(439)	(407)
Capital expenditures	348	332
Navidad mine [member]
Disclosure of operating segments [line items]
Mine care and maintenance	4,996	7,423
Navidad mine [member] | Argentina | Other Segment [member]
Disclosure of operating segments [line items]
Revenue	0	0
Production costs and royalties	0	0
Depreciation	0	0
Mine operating earnings	0	0
Capital expenditures	50	90
Other [member] | Other | Other Segment [member]
Disclosure of operating segments [line items]
Revenue	0	0
Production costs and royalties	0	0
Depreciation	1,766	1,310
Mine operating earnings	(1,766)	(1,310)
Capital expenditures	$ 1,509	$ 980

Segmented Information - Reconci

Segmented Information - Reconciliation of Segment Mine Operating Earnings to Company's Earnings Before Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Disclosure of operating segments [line items]
General and administrative	$ (28,975)	$ (34,852)
Exploration and project development	(18,335)	(11,071)
Mine care and maintenance (Note 23)	(45,123)	(31,780)
Foreign exchange losses	(9,607)	(11,267)
Impairment charges (Note 12)	(99,064)	0
Derivative gains (Note 8(d))	7,336	5,393
Mineral properties, plant and equipment (losses) gains (Note 11)		32,167
Gains and income from associates (Note 13)	45,033	4,347
Transaction and integration costs (Note 24)	(157,334)	0
Other (expense) income (Note 29)	(2,115)	36
(Loss) earnings from operations	(262,261)	320,911
Gains (losses) on change in fair value of derivatives	5,302	8,489
Investment loss (Note 8(b))	(16,221)	(59,722)
Interest and finance expense (Note 25)	(22,463)	(16,198)
(Loss) earnings before income taxes	$ (300,945)	$ 244,991

Segmented Information - Schedul

Segmented Information - Schedule of Net Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Disclosure of operating segments [line items]
Assets	$ 3,248,498	$ 3,518,584
Liabilities	1,046,880	882,576
Net assets	2,201,618	2,636,008
Silver Segment [member]
Disclosure of operating segments [line items]
Assets	1,021,508	988,906
Liabilities	241,975	255,517
Net assets	779,533	733,389
Gold Segment [member]
Disclosure of operating segments [line items]
Assets	1,767,906	2,077,861
Liabilities	578,423	562,083
Net assets	1,189,483	1,515,778
Dolores mine [member] | Mexico | Silver Segment [member]
Disclosure of operating segments [line items]
Assets	415,143	750,220
Liabilities	155,772	193,638
Net assets	259,371	556,582
La Colorada mine [member] | Mexico | Silver Segment [member]
Disclosure of operating segments [line items]
Assets	375,381	299,038
Liabilities	52,018	52,934
Net assets	323,363	246,104
Huaron mine [member] | Peru | Silver Segment [member]
Disclosure of operating segments [line items]
Assets	122,535	117,514
Liabilities	51,486	59,975
Net assets	71,049	57,539
Morococha mine [member] | Peru | Silver Segment [member]
Disclosure of operating segments [line items]
Assets	102,193	124,607
Liabilities	31,240	40,494
Net assets	70,953	84,113
San Vicente mine [member] | Bolivia | Silver Segment [member]
Disclosure of operating segments [line items]
Assets	82,509	88,924
Liabilities	47,380	53,264
Net assets	35,129	35,660
Manantial Espejo mine [member] | Argentina | Silver Segment [member]
Disclosure of operating segments [line items]
Assets	47,772	71,012
Liabilities	40,477	29,017
Net assets	7,295	41,995
Escobal mine [member] | Guatemala | Silver Segment [member]
Disclosure of operating segments [line items]
Assets	291,118	287,811
Liabilities	19,374	19,833
Net assets	271,744	267,978
Shahuindo mine [member] | Peru | Gold Segment [member]
Disclosure of operating segments [line items]
Assets	602,443	591,164
Liabilities	199,560	199,450
Net assets	402,883	391,714
La Arena mine [member] | Peru | Gold Segment [member]
Disclosure of operating segments [line items]
Assets	368,277	317,371
Liabilities	155,120	106,799
Net assets	213,157	210,572
Timmins mine [member] | Canada | Gold Segment [member]
Disclosure of operating segments [line items]
Assets	382,043	419,106
Liabilities	67,971	62,196
Net assets	314,072	356,910
Pas Corp mine [member] | Canada | Other Segment [member]
Disclosure of operating segments [line items]
Assets	178,986	176,006
Liabilities	182,920	16,492
Net assets	(3,934)	159,514
Navidad mine [member] | Argentina | Other Segment [member]
Disclosure of operating segments [line items]
Assets	193,923	193,077
Liabilities	2,600	0
Net assets	191,323	193,077
Other [member] | Other | Other Segment [member]
Disclosure of operating segments [line items]
Assets	86,175	82,734
Liabilities	40,962	48,484
Net assets	$ 45,213	$ 34,250

Segmented Information - Revenue

Segmented Information - Revenue by Product (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Disclosure of products and services [line items]
Revenue	$ 1,494,718	$ 1,632,750
Refined silver and gold [member]
Disclosure of products and services [line items]
Revenue	1,106,793	1,177,388
Zinc concentrate [member]
Disclosure of products and services [line items]
Revenue	98,341	119,059
Lead concentrate [member]
Disclosure of products and services [line items]
Revenue	167,673	145,524
Copper concentrate [member]
Disclosure of products and services [line items]
Revenue	65,096	133,025
Silver Concentrate [member]
Disclosure of products and services [line items]
Revenue	$ 56,815	$ 57,754

Segmented Information - Additio

Segmented Information - Additional Information (Details) - Customer Concentration Risk [member] - customer	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
100% of Concentrate and Silver and Gold Sales Revenue [member]
Disclosure of operating segments [line items]
Number of significant customers	26
Sales Revenue [member]
Disclosure of operating segments [line items]
Number of significant customers	3	4
Customer A [member] | Sales Revenue [member]
Disclosure of operating segments [line items]
Concentration risk (percent)	28%	21%
Customer B [member] | Sales Revenue [member]
Disclosure of operating segments [line items]
Concentration risk (percent)	14%	13%
Customer C [member] | Sales Revenue [member]
Disclosure of operating segments [line items]
Concentration risk (percent)	12%	12%
Customer D [member] | Sales Revenue [member]
Disclosure of operating segments [line items]
Concentration risk (percent)		11%

Other Expenses (Details)

Other Expenses (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Analysis of income and expense [abstract]
Increase (Decrease) in Closure and Decommissioning Estimates	$ 4,694	$ 246
Change in provisions	5,011	1,323
Investment income	(5,371)	(484)
Other income	(2,219)	(1,121)
Other operating income (expense)	$ 2,115	$ (36)

Income Taxes - Components of in

Income Taxes - Components of income tax expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Current tax expense (recovery)
Recognized in profit or loss in current year	$ 85,325	$ 134,947
Change in current tax expense estimated for prior years	(2,308)	147
Current tax expense (income) and adjustments for current tax of prior periods	83,017	135,094
Deferred tax expense (recovery)
Deferred tax expense (recovery) recognized in the current year	(34,184)	14,194
Adjustments recognized in the current year with respect to prior years	366	56
Derecognition of previously unrecognized deferred tax assets	9,065	0
Benefit from previously unrecognized losses, and other temporary differences	0	508
Impact of impairments on deferred tax assets and liabilities	(3,825)	0
Decrease in deferred tax liabilities due to tax impact of NRV charge to inventory	(15,321)	(3,423)
Deferred tax expense	(43,899)	11,335
Income taxes expense	39,118	146,429
Deferred tax assets and   liabilities	$ (84,458)	$ (128,832)

Income Taxes - Reconciliation o

Income Taxes - Reconciliation of effective income tax rate (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Disclosure of income tax [Abstract]
Earnings (loss) before taxes and non-controlling interest	$ (300,945)	$ 244,991
Statutory Canadian income tax rate (percent)	27%	27%
Income tax expense (recovery) based on above rates	$ (81,255)	$ 66,148
Unrecognized tax benefit on termination fee related to the Yamana acquisition	39,750	0
Increase (decrease) due to:
Non-deductible expenditures	7,465	6,192
Foreign tax rate differences	(11,717)	15,969
Change in net deferred tax assets not recognized (1)	22,296	20,574
Derecognition of deferred tax assets previously recognized (2)	50,356	0
Effect of other taxes paid (mining and withholding)	15,658	25,846
Effect of foreign exchange on tax expense	(21,541)	14,337
Non-taxable impact of foreign exchange	6,310	(1,203)
Change in non-deductible portion of reclamation liabilities	12,157	2,380
Other	(361)	(3,814)
Income taxes expense	$ (39,118)	$ (146,429)
Effective income tax rate (percent)	(13.00%)	59.77%

Income Taxes - Deferred Tax Ass

Income Taxes - Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Reconciliation of changes in deferred tax liability (asset) [abstract]
Net deferred tax liabilities	$ (128,832)	$ (117,461)
Recognized in net earnings in the year	43,899	(11,335)
Recognized in other comprehensive income (loss) in year (1)	469	0
Other	6	(36)
Net deferred tax liabilities	(84,458)	(128,832)
Deferred tax assets (Note 30)	55,879	55,953
Deferred tax liabilities	(140,337)	(184,785)
Net deferred tax liabilities	$ (84,458)	$ (128,832)

Income Taxes - Components of De

Income Taxes - Components of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets/liabilities	$ 84,458	$ 128,832
Increase (decrease) in deferred tax liability (asset)	(9,100)
Closure and decommissioning costs
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets/liabilities	(23,482)	(27,742)
Tax losses, resource pools and mining tax credits
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets/liabilities	(83,819)	(92,928)
Deductible Mexican mining taxes
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets/liabilities	(3,974)	(4,682)
Accounts payable and accrued liabilities
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets/liabilities	(26,920)	(22,119)
Trade and other receivables
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets/liabilities	(17,634)	(29,163)
Provision for doubtful debts and inventory adjustments
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets/liabilities	(3,136)	28,153
Short-term investments
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets/liabilities	11,665	7,941
Mineral properties, plant, and equipment
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets/liabilities	217,255	245,126
Estimated sales provisions
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets/liabilities	19,263	30,466
Other temporary differences and provisions
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets/liabilities	(4,760)	(6,220)
Tax Losses
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets/liabilities	(28,100)	(26,400)
Resource pools
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets/liabilities	$ (55,700)	$ (66,500)

Income Taxes - Deductible Tempo

Income Taxes - Deductible Temporary Differences (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unrecognised deductible temporary differences	$ 1,041,107	$ 812,196
Operating tax loss
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unrecognised deductible temporary differences	383,231	366,351
Net capital tax loss
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unrecognised deductible temporary differences	36,817	35,801
Resource Pools and Other Tax Credits [Member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unrecognised deductible temporary differences	87,012	49,230
Financing fees
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unrecognised deductible temporary differences	1,368	1,050
Mineral properties, plant, and equipment
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unrecognised deductible temporary differences	207,182	127,945
Closure and decommissioning costs
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unrecognised deductible temporary differences	207,261	143,080
Exploration and Other Expenses not Currently Deductible [Member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unrecognised deductible temporary differences	26,300	33,837
Intercompany debt
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unrecognised deductible temporary differences	23,449	17,956
Doubtful debt and inventory
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unrecognised deductible temporary differences	18,631	24,624
Payroll and vacation accruals
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unrecognised deductible temporary differences	35,799	6,168
Other temporary differences
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unrecognised deductible temporary differences	$ 14,057	$ 6,154

Income Taxes - Net Operating Lo

Income Taxes - Net Operating Loss Carryforwards (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax operating losses	$ 383,231	$ 366,351
Expiring 2020
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax operating losses		703
Expiring 2021
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax operating losses	723	632
Expiring 2022
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax operating losses	1,046
Expiring 2023 - and After
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax operating losses	381,462
Expiring 2022 - and After
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax operating losses		365,016
CANADA
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax operating losses	342,244	330,799
CANADA | Expiring 2020
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax operating losses		0
CANADA | Expiring 2021
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax operating losses	0	0
CANADA | Expiring 2022
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax operating losses	0
CANADA | Expiring 2023 - and After
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax operating losses	342,244
CANADA | Expiring 2022 - and After
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax operating losses		330,799
UNITED STATES
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax operating losses	11,759	12,288
UNITED STATES | Expiring 2020
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax operating losses		529
UNITED STATES | Expiring 2021
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax operating losses	360	360
UNITED STATES | Expiring 2022
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax operating losses	419
UNITED STATES | Expiring 2023 - and After
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax operating losses	10,980
UNITED STATES | Expiring 2022 - and After
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax operating losses		11,399
PERU
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax operating losses	546	749
PERU | Expiring 2020
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax operating losses		156
PERU | Expiring 2021
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax operating losses	0	0
PERU | Expiring 2022
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax operating losses	275
PERU | Expiring 2023 - and After
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax operating losses	271
PERU | Expiring 2022 - and After
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax operating losses		593
MEXICO
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax operating losses	2,921	2,299
MEXICO | Expiring 2020
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax operating losses		0
MEXICO | Expiring 2021
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax operating losses	289	207
MEXICO | Expiring 2022
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax operating losses	312
MEXICO | Expiring 2023 - and After
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax operating losses	2,320
MEXICO | Expiring 2022 - and After
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax operating losses		2,092
BARBADOS
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax operating losses	418	243
BARBADOS | Expiring 2020
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax operating losses		15
BARBADOS | Expiring 2021
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax operating losses	70	60
BARBADOS | Expiring 2022
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax operating losses	30
BARBADOS | Expiring 2023 - and After
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax operating losses	318
BARBADOS | Expiring 2022 - and After
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax operating losses		168
ARGENTINA
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax operating losses	25,343	19,973
ARGENTINA | Expiring 2020
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax operating losses		3
ARGENTINA | Expiring 2021
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax operating losses	4	5
ARGENTINA | Expiring 2022
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax operating losses	10
ARGENTINA | Expiring 2023 - and After
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax operating losses	$ 25,329
ARGENTINA | Expiring 2022 - and After
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Unused tax operating losses		$ 19,965

Income Taxes - Taxable Temporar

Income Taxes - Taxable Temporary Differences (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Disclosure of income tax [Abstract]
Temporary differences associated with investments in subsidiaries, branches and associates and interests in joint arrangements for which deferred tax liabilities have not been recognised	$ 286	$ 282

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Effective Tax Increase	$ 39,800
Increase (decrease) in deferred tax liability (asset)	(9,100)
Deferred tax assets and   liabilities	(84,458)	$ (128,832)
Temporary differences associated with investments in subsidiaries, branches and associates and interests in joint arrangements for which deferred tax liabilities have not been recognised	286,000	$ 282,000
Yamana To Gold Fields
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Termination Fee Payable	$ 300,000

Contingencies (Details)

Contingencies (Details) $ in Thousands	6 Months Ended	12 Months Ended
	Sep. 30, 2017 lawsuit	Dec. 31, 2022 USD ($) lawsuit	Dec. 31, 2021 USD ($)
Disclosure of contingent liabilities [line items]
Royalty expense | $		$ 35,889	$ 36,375
San Vicente mine [member] | COMIBOL [Member] | Bolivia
Disclosure of contingent liabilities [line items]
Participation fee		37.50%
Royalty expense | $		$ 7,500	$ 7,700
Tahoe Resources, Inc [member]
Disclosure of contingent liabilities [line items]
Number of purported class action lawsuits filed | lawsuit	3
Number of class action suits after consolidation | lawsuit		1

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Disclosure of transactions between related parties [line items]
Salaries and short-term benefits	$ 11,702	$ 18,592
Post-employment benefits	1,020	1,130
Share-based payments	2,286	2,281
Key management personnel compensation	$ 15,008	$ 22,003

Subsequent Events (Details)

Subsequent Events (Details) $ / shares in Units, $ in Thousands	1 Months Ended	3 Months Ended	12 Months Ended
	Nov. 30, 2022 USD ($)	Dec. 31, 2022 USD ($) shares	Dec. 31, 2022 USD ($) shares $ / shares	Dec. 31, 2021 USD ($)	Jan. 31, 2023 USD ($)	Aug. 10, 2021 USD ($)
Disclosure of non-adjusting events after reporting period [line items]
Long-term debt (Note 18)		$ 180,010	$ 180,010	$ 11,900
August 2021 Senior Notes
Disclosure of non-adjusting events after reporting period [line items]
Interest rate on borrowings (percent)					2.63%
December 2017 Senior Notes
Disclosure of non-adjusting events after reporting period [line items]
Interest rate on borrowings (percent)					4.625%
Yamana By Gold Fields
Disclosure of non-adjusting events after reporting period [line items]
Termination Fee Payable	$ 150,000	$ 150,000	150,000	0
Yamana
Disclosure of non-adjusting events after reporting period [line items]
Aggregate Consideration Payable To Shareholders			$ 4,800,000
Aggregate Consideration Payable To Shareholders Per Share | $ / shares			$ 5.02
Yamana | Common Share
Disclosure of non-adjusting events after reporting period [line items]
Common Share Ratio Received By Shareholders For Acquisition | shares		0.1598	0.1598
Yamana | Agnico Eagle
Disclosure of non-adjusting events after reporting period [line items]
Common Share Ratio Received By Shareholders For Acquisition | shares		0.0376	0.0376
Cash To Be Paid By For Acquisition | $ / shares			$ 1.0406
Aggregate Cash Consideration Payable To Shareholders			$ 1,000,000
Credit Facility [member] | Interest rate risk [member]
Disclosure of non-adjusting events after reporting period [line items]
Long-term debt (Note 18)						$ 500,000
Credit Facility [member] | Interest rate risk [member] | August 2021 Senior Notes
Disclosure of non-adjusting events after reporting period [line items]
Long-term debt (Note 18)					$ 500,000
Credit Facility [member] | Interest rate risk [member] | December 2017 Senior Notes
Disclosure of non-adjusting events after reporting period [line items]
Long-term debt (Note 18)					$ 282,900
SL Credit Facility
Disclosure of non-adjusting events after reporting period [line items]
Proceeds from borrowings			$ 160,000	$ 0
Bottom of range [member] | Credit Facility [member] | Interest rate risk [member]
Disclosure of non-adjusting events after reporting period [line items]
Long-term debt (Note 18)						500,000
Top of range [member] | Credit Facility [member] | Interest rate risk [member]
Disclosure of non-adjusting events after reporting period [line items]
Long-term debt (Note 18)						$ 1,250,000

Uncategorized Items - _IXDS

Label	Element	Value
Potential Dilutive Securities [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount1	paas_AntidilutiveSecuritiesExcludedfromComputationofEarningsPerShareAmount1	376,967
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount1	paas_AntidilutiveSecuritiesExcludedfromComputationofEarningsPerShareAmount1	65,044