| OTHER INVESTMENTS |
| | | | | | | As at | | March 31, 2026 | | March 31, 2025 | Investments designated as FVTOCI | | | | | | | Public companies | | $ | 2,808 | | $ | 1,334 | Investments designated as FVTPL | | | | | | | Public companies | | | 48,901 | | | 13,409 | Private companies | | | 2,534 | | | 2,534 | | | | 51,435 | | | 15,943 | Total | | $ | 54,243 | | $ | 17,277 |
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. Investments held for trading are classified as FVTPL. For other investments, 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: | | | | | | | | | | | | | | | | | | Accumulated fair value | | | | | | Accumulated fair value | | change included in | | | Fair Value | | change included in OCI | | profit and loss | As at April 1, 2024 | | $ | 46,254 | | $ | (25,715) | | $ | 10,459 | Gain on equity investments designated as FVTOCI | | | 5 | | | 5 | | | — | Gain on equity investments designated as FVTPL | | | 12,451 | | | — | | | 12,451 | Acquisition | | | 20,953 | | | — | | | — | Disposal | | | (36,289) | | | — | | | — | Transferred upon acquisition of Adventus | | | (25,727) | | | — | | | — | Impact of foreign currency translation | | | (370) | | | — | | | — | As at March 31, 2025 | | $ | 17,277 | | $ | (25,710) | | $ | 22,910 | Gain on equity investments designated as FVTOCI | | | 1,517 | | | 1,517 | | | — | Gain on equity investments designated as FVTPL | | | 33,670 | | | — | | | 33,670 | Acquisition | | | 2,040 | | | — | | | — | Disposal | | | (740) | | | 12 | | | — | Impact of foreign currency translation | | | 479 | | | — | | | — | As at March 31, 2026 | | $ | 54,243 | | $ | (24,181) | | $ | 56,580 |
|