v3.25.2
Investments (Tables)
6 Months Ended
Jun. 30, 2025
Investments  
Schedule of investments

At June 30, 

At December 31, 

 

  

  

2025

  

  

2024

  

Equity investments at FVTOCI

$

590.4

$

324.8

Warrants

 

7.4

 

0.7

$

597.8

$

325.5

Schedule of equity method investments

At June 30, 

At December 31, 

 

  

  

2025

  

  

2024

  

G Mining Ventures Corp.

$

232.3

$

133.8

Discovery Silver Corp.

172.2

Labrador Iron Ore Royalty Corporation ("LIORC")

131.7

127.3

Other

 

54.2

 

63.7

$

590.4

$

324.8

Schedule of unrealized gains (losses) on available-for-sale investments recognized in other comprehensive income

For the three months ended

For the six months ended

 

June 30, 

June 30, 

    

2025

    

2024

  

  

2025

  

  

2024

  

Net gain on changes in the fair value of equity investments at FVTOCI

$

35.9

$

17.8

$

207.4

$

19.8

Income tax expense in other comprehensive (loss) income

 

(4.7)

 

(2.4)

 

(27.4)

 

(2.6)

Gain on changes in the fair value of equity investments at FVTOCI, net of income tax

$

31.2

$

15.4

 

$

180.0

$

17.2