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OTHER INVESTMENTS | 12 Months Ended
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Mar. 31, 2022
Disclosure of other investments [Abstract] |
OTHER INVESTMENTS |
| 6. | OTHER INVESTMENTS
|  | March 31, 2022 |  | March 31, 2021 |
Equity investments designated as FVTOCI |  |  |  |  |
Public companies | $ | 2,383 | $ | 2,966 |
Private companies |  | 71 |  | 2,289 |
|  | 2,454 |  | 5,255 |
Equity investments designated as FVTPL |  |  |  |  |
Public companies |  | 11,533 |  | 10,478 |
Private companies |  | 3,781 |  | - |
|  | 15,314 |  | 10,478 |
Total | $ | 17,768 | $ | 15,733 |
Investments in publicly traded companies represent equity interests of other publicly-trading mining companies that the Company has acquired through the open market or through private placements. Investment in equity instruments that are held for trading are classified as FVTPL. For other investment in equity instruments, the Company can make an irrevocable election, on an instrument-by-instrument basis, to designate them as FVTOCI. The continuity of such investments is as follows:
|  | Fair Value |  |  | Accumulated fair value change included in OCI |  |  | Accumulated fair value change included in P&L |  |  | Equity Investment designated as FVTOCI |  |  | Equity Investment designated as FVTPL |
April 1, 2020 |  | $ | 8,750 |  |  | $ | (34,879 | ) |  | $ | - |  |  | $ | 8,750 |  |  | $ | - |
Gain on equity investments designated as FVTOCI |  |  | 12,069 |  |  |  | 12,069 |  |  |  | - |  |  |  | 12,551 |  |  |  | - |
Gain on equity investments designated as FVTPL |  |  | 7,188 |  |  |  | - |  |  |  | 7,188 |  |  |  | - |  |  |  | 7,732 |
Acquisition |  |  | 12,708 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 12,708 |
Disposal |  |  | (19,301 | ) |  |  | - |  |  |  | - |  |  |  | (16,607 | ) |  |  | (10,742 | )
Reclassified to short-term investments |  |  | (7,511 | ) |  |  | - |  |  |  | - |  |  |  |  |  |  |  |  |
Impact of foreign currency translation |  |  | 1,830 |  |  |  | - |  |  |  | - |  |  |  | 561 |  |  |  | 780 |
March 31, 2021 |  | $ | 15,733 |  |  | $ | (22,810 | ) |  | $ | 7,188 |  |  | $ | 5,255 |  |  | $ | 10,478 |
Loss on equity investments designated as FVTOCI |  |  | (1,526 | ) |  |  | (1,526 | ) |  |  | - |  |  |  | (1,526 | ) |  |  | - |
Loss equity investments designated as FVTPL |  |  | (3,485 | ) |  |  | - |  |  |  | (3,485 | ) |  |  | - |  |  |  | (3,485 | )
Acquisition |  |  | 8,235 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 8,235 |
Disposal |  |  | (1,362 | ) |  |  | - |  |  |  | - |  |  |  | (1,362 | ) |  |  | - |
Impact of foreign currency translation |  |  | 173 |  |  |  | - |  |  |  | - |  |  |  | 87 |  |  |  | 86 |
March 31, 2022 |  | $ | 17,768 |  |  | $ | (24,336 | ) |  | $ | 3,703 |  |  | $ | 2,454 |  |  | $ | 15,314 |

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- Definition The disclosure of investments other than investments accounted for using the equity method. [Refer: Investments other than investments accounted for using equity method] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2021-01-01 -Paragraph 10 -Subparagraph e -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_10_e&doctype=Standard -URIDate 2021-03-24 + Details
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