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Investments in Associates (Tables) | 12 Months Ended
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Dec. 31, 2022
Disclosure of associates [line items] |
Summary of Changes in Carrying Amount of Associate | The following table summarizes the changes in the carrying amount of the Company’s investments in associates:
In $000s |  | Hod Maden Interest |  |  | Entrée Resources Ltd. |  |  | Sandbox Royalties Corp. |  |  | Horizon Copper Corp. |  |  | Total Investments in Associates |
At December 31, 2020 |  | $ | 96,666 |  |  | $ | 16,240 |  |  | $ | - |  |  | $ | - |  |  | $ | 112,906 |
Capital investment |  |  | 672 |  |  |  | 6,220 |  |  |  | - |  |  |  | - |  |  |  | 6,892 |
Company’s share of net loss of associate |  |  | (253 | ) |  |  | (690 | ) |  |  | - |  |  |  | - |  |  |  | (943 | )
Currency translation adjustments |  |  | (33,772 | ) |  |  | (494 | ) |  |  | - |  |  |  | - |  |  |  | (34,266 | )
At December 31, 2021 |  | $ | 63,313 |  |  | $ | 21,276 |  |  | $ | - |  |  | $ | - |  |  | $ | 84,589 |
Acquisition (disposal) of investment in associate |  |  | (52,645 | ) |  |  | (20,633 | ) |  |  | 18,647 |  |  |  | 10,687 |  |  |  | (43,944 | )
Capital investment |  |  | 3,818 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 3,818 |
Company’s share of net loss of associate |  |  | (745 | ) |  |  | (478 | ) |  |  | (307 | ) |  |  | (2,124 | ) |  |  | (3,654 | )
Currency translation adjustments |  |  | (13,741 | ) |  |  | (165 | ) |  |  | (62 | ) |  |  | 424 |  |  |  | (13,544 | )
At December 31, 2022 |  | $ | - |  |  | $ | - |  |  | $ | 18,278 |  |  | $ | 8,987 |  |  | $ | 27,265 |
Sandbox Royalties Corp [Member] |
Disclosure of associates [line items] |
Summarized Financial Information of Associate | Summarized financial information for the Company’s interest in Sandbox Royalties Corp., which is incorporated in Canada, on a 100% basis and reflecting adjustments made by the Company, including fair value adjustments made at the time of acquisition and adjustments for differences in accounting policies is as follows:
In $000s |  | Year Ended December 31, 2022 |
Revenue |  | $ | 355 |
Depletion |  |  | (267 | )
Administration expenses |  |  | (272 | )
Other (expense) income |  |  | (1,341 | )
Total net loss |  | $ | (1,525 | )
Company’s share of net loss of associate |  | $ | (307 | )
In $000s |  | As at December 31, 2022 |
Current Assets |  | $ | 6,615 |
Non-current Assets |  |  | 71,993 |
Total Assets |  | $ | 78,608 |
Current Liabilities |  |  | 86 |
Non-current Liabilities |  |  | 15,975 |
Total Liabilities |  | $ | 16,061 |
Net Assets |  | $ | 62,547 |
Company’s share of net assets of associate |  |  | 12,600 |
Adjustments to Sandstorm’s share of net assets |  |  | 5,678 |
Carrying amount of investment in associate |  | $ | 18,278 |
Horizon Copper Corp [Member] |
Disclosure of associates [line items] |
Summarized Financial Information of Associate | Summarized financial information for the Company’s interest in Horizon Copper Corp., which is incorporated in Canada, on a 100% basis and reflecting adjustments made by the Company, including fair value adjustments made at the time of acquisition and adjustments for differences in accounting policies is as follows:
In $000s |  | Year Ended December 31, 2022 |
Revenue |  | $ | - |
Administration expenses |  |  | (666 | )
Other (expense) income |  |  | (5,582 | )
Total net loss |  | $ | (6,248 | )
Company’s share of net loss of associate |  | $ | (2,124 | )
In $000s |  | As at December 31, 2022 |
Current Assets |  | $ | 41,360 |
Non-current Assets |  |  | 259,523 |
Total Assets |  | $ | 300,883 |
Current Liabilities |  |  | 141 |
Non-current Liabilities |  |  | 271,163 |
Total Liabilities |  | $ | 271,304 |
Net Assets |  | $ | 29,579 |
Company’s share of net assets of associate |  |  | 10,057 |
Adjustments to Sandstorm’s share of net assets |  |  | (1,070 | )
Carrying amount of investment in associate |  | $ | 8,987 |

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