EQUITY SECURITIES

12 Months Ended

Dec. 31, 2019

EQUITY SECURITIES

EQUITY SECURITIES

8.   EQUITY SECURITIES

The following table sets out the Company's equity securities which have been designated at FVOCI:

	Asat December 31,		Asat December 31,
	2019		2018
Orla Mining Ltd.	$	27,125	$	13,563
White Gold Corp.		18,735		25,029
Other (i)		40,392		37,940
Total equity securities	$	86,252	$	76,532

Note:

(i) The balance is comprised of 16 equity investments that are individually immaterial.

Disposal of Equity Securities

During the year ended December 31, 2019, the Company sold its interest in certain equity securities as they no longer fit the Company’s investment strategy. The fair value at the time of sale was $7.8 million (2018- $17.5 million) and the Company recognized a cumulative net gain on disposal of $2.1 million (2018 -loss on disposal of $1.3 million) which was transferred to from other reserves to deficit in the consolidated balance sheets.