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EXPLORATION AND EVALUATION ASSETS

12 Months Ended

Dec. 31, 2021

Exploration For And Evaluation Of Mineral Resources [Abstract]


	Diakha-Siribaya Gold project		Fayolle property		Monster Lake project		Other		Total

Balance, January 1, 2020	$	36.6	$	—	$	2.5	$	3.1	$	42.2
Acquired exploration and evaluation assets1,2	—		7.3		5.3		—		12.6




Balance, December 31, 2020	$	36.6	$	7.3	$	7.8	$	3.1	$	54.8
Exploration and evaluation expenditures	—		1.9		—		—		1.9
Acquired exploration and evaluation asset	—		—		—		5.0		5.0



Balance, December 31, 2021	$	36.6	$	9.2	$	7.8	$	8.1	$	61.7

1.The Company acquired the Fayolle Property in exchange for 1,851,145 common shares of IAMGOLD (note 33). The value of the share consideration of $6.7 million, fees and subsequent exploration expenditures of $0.6 million were capitalized to exploration and evaluation assets.

2.The Company acquired the remaining 25% interest of the Monster Lake project from Tomagold Corporation in exchange for 1,464,377 common shares of IAMGOLD (note 33), valued at $4.9 million, and cash consideration of $0.4 million. The total value of the consideration of $5.3 million was capitalized to exploration and evaluation assets.