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INTEREST INCOME, DERIVATIVES AND OTHER INVESTMENT GAINS (LOSSES)
 12 Months Ended
Dec. 31, 2023
Analysis of income and expense [abstract]  
Interest Income, Derivatives and Other Investment Gains (Losses) Interest Income, Derivatives and Other Investment Gains (Losses)
Years ended December 31,
Notes20232022
Interest income$27.8 $8.5 
Gain on sale of Pitangui and Acurui Projects15.5 — 
Gains (losses) on non-hedge derivatives and warrants21(d)12.6 3.1 
Insurance recoveries0.6 1.2 
Fair value of deferred consideration from the sale of Sadiola(4.3)0.7 
Other gains (losses)1.0 0.5 
$53.2 $14.0 
On August 1, 2023, the Company entered into an agreement to sell its 100% interest in the Pitangui Project, a greenfield exploration property located in Brazil, as well as its interest in the Acurui Project, to Jaguar via a share purchase agreement for proceeds of 6.3 million common shares from Jaguar as well as a net smelter royalty on both projects. The transaction closed on September 13, 2023 and the shares were recorded at their aggregate fair value of $9.0 million and are subsequently accounted for as FVTOCI. The net smelter royalty is measured at a fair value of $7.0 million and will subsequently be amortized on a units of production basis. The fair value of the net smelter royalty was estimated using a discounted cash flow analysis with inputs including production, gold prices and discount rate estimates.