XML 118 R68.htm IDEA: XBRL DOCUMENT

Fair value of financial instruments (Tables)

12 Months Ended

Dec. 31, 2023

Fair value of financial instruments

Summary of information about financial assets and liabilities measured at fair value


		December 31, 2023
		Level 1		Level 2		Level 3		Total
		$		$		$		$
Recurring measurements
Financial assets at fair value through profit or loss
Convertible loan receivable		—		—		—		—
Warrants on equity securities
Publicly traded mining exploration and development companies
Precious metals		—		—		4		4
Other minerals		—		—		—		—
Financial assets at fair value through other comprehensive loss
Equity securities
Publicly traded mining exploration and development companies
Precious metals		5,739		—		—		5,739
Other minerals		13,650		—		—		13,650
		19,389		—		4		19,393


		December 31, 2022
		Level 1		Level 2		Level 3		Total
		$		$		$		$
Recurring measurements
Financial assets at fair value through profit or loss
Convertible loan receivable		—		—		—		—
Warrants on equity securities
Publicly traded mining exploration and development companies
Precious metals		—		—		18		18
Other minerals		—		—		—		—
Financial assets at fair value through other comprehensive loss
Equity securities
Publicly traded mining exploration and development companies
Precious metals		9,537		—		—		9,537
Other minerals		24,264		—		—		24,264
		33,801		—		18		33,819

Schedule of the changes in the Level 3 investments


		2023		2022
		$		$
Balance – Beginning of year		18		6,952
Acquisitions		—		4,438
Warrants exercised		—		(117)
Acquisition of Tintic		—		(10,827)
Change in fair value – warrants exercised ⁽ⁱ⁾		(14)		49
Change in fair value – expired ⁽ⁱ⁾		—		(287)
Change in fair value – held at the end of the year ⁽ⁱ⁾		—		(241)
Foreign exchange		—		51
Balance – End of year		4		18

(i)Recognized in the consolidated statements of loss under other income, net.