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FAIR VALUE MEASUREMENTS (Tables)
 12 Months Ended
Dec. 31, 2023
Fair Value Measurement [Abstract]  
Fair value measurement of assets The Company's fair values of financial assets and liabilities
December 31, 2023
Carrying AmountLevel 1Level 2Level 3Total Fair Value
Assets
Cash and cash equivalents$367.1 $367.1 $— $— $367.1 
Restricted cash90.5 90.5 — — 90.5 
Marketable securities14.2 14.2 — — 14.2 
Bond fund investments2.0 2.0 — — 2.0 
Deferred consideration from the sale of Sadiola15.2 — — 15.2 15.2 
Derivatives
Currency contracts1.6 — 1.6 — 1.6 
Crude oil contracts1
5.7 — 5.7 — 5.7 
Embedded derivative - prepayment options on Term Loan5.1 — 5.1 — 5.1 
$501.4 $473.8 $12.4 $15.2 $501.4 
Liabilities
Derivatives
Gold bullion contracts$(9.2)$— $(9.2)$— $(9.2)
TARF(1.4)— (1.4)— (1.4)
Extendible Forwards2
(0.5)— (0.5)— (0.5)
Long-term debt - Notes3
(452.5)(388.3)— — (388.3)
Long-term debt - Term Loan4
(400.9)— (411.0)— (411.0)
Long-term debt - equipment loans5
(7.3)— (7.3)— (7.3)
$(871.8)$(388.3)$(429.4)$— $(817.7)
1.Includes hedge and non-hedge derivatives.
2.The carrying amount excludes unamortized deferred gains of $nil.
3.The carrying amount excludes unamortized deferred transaction costs of $4.5 million and the embedded derivative.
4.The carrying amount excludes unamortized deferred transaction costs of $8.2 million, the 3% original discount and the embedded derivative.
5.The carrying amount excludes unamortized deferred transaction costs of $0.1 million.
December 31, 2022
Carrying AmountLevel 1Level 2Level 3Total Fair Value
Assets
Cash and cash equivalents$407.8 $407.8 $— $— $407.8 
Restricted cash56.3 56.3 — — 56.3 
Marketable securities and warrants6.1 5.7 — 0.4 6.1 
Bond fund investments2.0 2.0 — — 2.0 
Deferred consideration from the sale of Sadiola 19.6 — — 19.6 19.6 
Derivatives
Currency contracts3.3 — 3.3 — 3.3 
Crude oil contracts1
36.2 — 36.2 — 36.2 
Gold bullion contracts 4.6 — 4.6 — 4.6 
$535.9 $471.8 $44.1 $20.0 $535.9 
Liabilities
Derivatives
Currency contracts $(0.1)$— $(0.1)$— $(0.1)
Gold bullion contracts(4.7)— (4.7)— (4.7)
TARF(11.2)— (11.2)— (11.2)
Extendible Forwards2
(1.8)— (1.8)— (1.8)
Long-term debt - Credit Facility(455.0)— (455.0)— (455.0)
Long-term debt - Notes3
(453.1)(352.5)— — (352.5)
Long-term debt - equipment loan4
(16.2)— (15.8)— (15.8)
$(942.1)$(352.5)$(488.6)$— $(841.1)
1.Includes hedge and non-hedge derivatives.
2.The carrying amount excludes unamortized deferred gains of $0.9 million.
3.The carrying amount excludes unamortized deferred transaction costs of $5.5 million and the embedded derivative.
4.The carrying amount excludes unamortized deferred transaction costs of $0.1 million.
Fair value measurement of liabilities The Company's fair values of financial assets and liabilities
December 31, 2023
Carrying AmountLevel 1Level 2Level 3Total Fair Value
Assets
Cash and cash equivalents$367.1 $367.1 $— $— $367.1 
Restricted cash90.5 90.5 — — 90.5 
Marketable securities14.2 14.2 — — 14.2 
Bond fund investments2.0 2.0 — — 2.0 
Deferred consideration from the sale of Sadiola15.2 — — 15.2 15.2 
Derivatives
Currency contracts1.6 — 1.6 — 1.6 
Crude oil contracts1
5.7 — 5.7 — 5.7 
Embedded derivative - prepayment options on Term Loan5.1 — 5.1 — 5.1 
$501.4 $473.8 $12.4 $15.2 $501.4 
Liabilities
Derivatives
Gold bullion contracts$(9.2)$— $(9.2)$— $(9.2)
TARF(1.4)— (1.4)— (1.4)
Extendible Forwards2
(0.5)— (0.5)— (0.5)
Long-term debt - Notes3
(452.5)(388.3)— — (388.3)
Long-term debt - Term Loan4
(400.9)— (411.0)— (411.0)
Long-term debt - equipment loans5
(7.3)— (7.3)— (7.3)
$(871.8)$(388.3)$(429.4)$— $(817.7)
1.Includes hedge and non-hedge derivatives.
2.The carrying amount excludes unamortized deferred gains of $nil.
3.The carrying amount excludes unamortized deferred transaction costs of $4.5 million and the embedded derivative.
4.The carrying amount excludes unamortized deferred transaction costs of $8.2 million, the 3% original discount and the embedded derivative.
5.The carrying amount excludes unamortized deferred transaction costs of $0.1 million.
December 31, 2022
Carrying AmountLevel 1Level 2Level 3Total Fair Value
Assets
Cash and cash equivalents$407.8 $407.8 $— $— $407.8 
Restricted cash56.3 56.3 — — 56.3 
Marketable securities and warrants6.1 5.7 — 0.4 6.1 
Bond fund investments2.0 2.0 — — 2.0 
Deferred consideration from the sale of Sadiola 19.6 — — 19.6 19.6 
Derivatives
Currency contracts3.3 — 3.3 — 3.3 
Crude oil contracts1
36.2 — 36.2 — 36.2 
Gold bullion contracts 4.6 — 4.6 — 4.6 
$535.9 $471.8 $44.1 $20.0 $535.9 
Liabilities
Derivatives
Currency contracts $(0.1)$— $(0.1)$— $(0.1)
Gold bullion contracts(4.7)— (4.7)— (4.7)
TARF(11.2)— (11.2)— (11.2)
Extendible Forwards2
(1.8)— (1.8)— (1.8)
Long-term debt - Credit Facility(455.0)— (455.0)— (455.0)
Long-term debt - Notes3
(453.1)(352.5)— — (352.5)
Long-term debt - equipment loan4
(16.2)— (15.8)— (15.8)
$(942.1)$(352.5)$(488.6)$— $(841.1)
1.Includes hedge and non-hedge derivatives.
2.The carrying amount excludes unamortized deferred gains of $0.9 million.
3.The carrying amount excludes unamortized deferred transaction costs of $5.5 million and the embedded derivative.
4.The carrying amount excludes unamortized deferred transaction costs of $0.1 million.
Fair value of marketable securities and warrants
Marketable securities included in level 3
Balance, December 31, 2022$0.4 
Reclassification to Level 1(0.4)
Balance, December 31, 2023$—