INTEREST INCOME, DERIVATIVES AND OTHER INVESTMENT GAINS (LOSSES) (Tables)

12 Months Ended

Dec. 31, 2021

Analysis of income and expense [abstract]

Schedule of interest income and derivatives and other investment gains (losses)


		Years ended December 31,
	Notes		2021		2020
Gain on sale of royalties1			$	45.9	$	—
Interest income			4.2		8.9


Gains (losses) on non-hedge derivatives and warrants	30(d)		(13.9)		(31.8)
Insurance recoveries2			10.2		—
Gain on sale of investment in INV Metals	19		16.1		—
Fair value of deferred consideration from the sale of Sadiola			4.6		—
Gain on establishment of the Rosebel UJV3			—		16.9

Gain on sale of 70% interest in the Eastern Borosi property			—		4.1

Loss on redemption of 7% senior notes			—		(22.5)




Other gains (losses)			(0.4)		0.5
			$	66.7	$	(23.9)

1.The Company sold 35 royalties on various non-core exploration and development properties for cash consideration of $46.2 million. After transaction costs of $0.3 million, the Company recognized a gain of $45.9 million.

2.Rosebel Gold Mines received a business interruption insurance payment of $10.2 million related to the interruption of its operations in the third quarter 2019.

3.Upon the establishment of the Rosebel UJV, the Company derecognized 30% of the assets and liabilities related to the Area of Interest as defined in the Rosebel UJV and recorded a gain of $16.9 million.