nefpartc.htm - Generated by SEC Publisher for SEC Filing

0000216907-11-000006.txt : 20110519 0000216907-11-000006.hdr.sgml : 20110519 20110519093158 ACCESSION NUMBER: 0000216907-11-000006 CONFORMED SUBMISSION TYPE: 485BPOS PUBLIC DOCUMENT COUNT: 7 FILED AS OF DATE: 20110519 DATE AS OF CHANGE: 20110519 EFFECTIVENESS DATE: 20110519 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price New Era Fund, Inc. CENTRAL INDEX KEY: 0000216907 IRS NUMBER: 520888855 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1933 Act SEC FILE NUMBER: 002-29866 FILM NUMBER: 11856573 BUSINESS ADDRESS: STREET 1: 100 EAST PRATT STREET CITY: BALTIMORE STATE: MD ZIP: 21202 BUSINESS PHONE: 410-345-2000 MAIL ADDRESS: STREET 1: 100 EAST PRATT STREET CITY: BALTIMORE STATE: MD ZIP: 21202 FORMER COMPANY: FORMER CONFORMED NAME: PRICE T ROWE NEW ERA FUND INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: PRICE ROWE INFLATION FUND INC DATE OF NAME CHANGE: 19690617 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price New Era Fund, Inc. CENTRAL INDEX KEY: 0000216907 IRS NUMBER: 520888855 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1940 Act SEC FILE NUMBER: 811-01710 FILM NUMBER: 11856574 BUSINESS ADDRESS: STREET 1: 100 EAST PRATT STREET CITY: BALTIMORE STATE: MD ZIP: 21202 BUSINESS PHONE: 410-345-2000 MAIL ADDRESS: STREET 1: 100 EAST PRATT STREET CITY: BALTIMORE STATE: MD ZIP: 21202 FORMER COMPANY: FORMER CONFORMED NAME: PRICE T ROWE NEW ERA FUND INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: PRICE ROWE INFLATION FUND INC DATE OF NAME CHANGE: 19690617

0000216907 S000002105 T. Rowe Price New Era Fund, Inc.

C000005477 T. Rowe Price New Era Fund, Inc. PRNEX

485BPOS 1 nefpartc.htm nefpartc.htm - Generated by SEC Publisher for SEC Filing

Page 1

Registration Nos. 002-29866/811-1710

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM N-1A

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 /X/

Post-Effective Amendment No. 80 /X/

and/or

REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940 /X/

Amendment No. 37 /X/

T. ROWE PRICE NEW ERA FUND, INC.

Exact Name of Registrant as Specified in Charter

100 East Pratt Street, Baltimore, Maryland 21202

Address of Principal Executive Offices

410-345-2000

Registrant’s Telephone Number, Including Area Code

David Oestreicher

100 East Pratt Street, Baltimore, Maryland 21202

Name and Address of Agent for Service

It is proposed that this filing will become effective (check appropriate box):

/X/ Immediately upon filing pursuant to paragraph (b)

/ / On (date) pursuant to paragraph (b)

/ / 60 days after filing pursuant to paragraph (a)(1)

/ / On (date) pursuant to paragraph (a)(1)

/ / 75 days after filing pursuant to paragraph (a)(2)

/ / On (date) pursuant to paragraph (a)(2) of Rule 485

If appropriate, check the following box:

/ / This post-effective amendment designates a new effective date for a previously filed post-effective amendment.

Page 2

EXHIBITS

Exhibit	Exhibit No.
XBRL Instance Document	EX-101.INS
XBRL Taxonomy Extension Schema Document	EX-101.SCH
XBRL Taxonomy Extension Calculation Linkbase Document	EX-101.CAL
XBRL Taxonomy Extension Definition Linkbase Document	EX-101.DEF
XBRL Taxonomy Extension Labels Linkbase Document	EX-101.LAB
XBRL Taxonomy Extension Presentation Linkbase Document	EX-101.PRE

Page 3

Pursuant to the requirements of the Securities Act of 1933, as amended, and the Investment Company Act of 1940, as amended, the Registrant certifies that it meets all of the requirements for effectiveness of this Registration Statement pursuant to Rule 485(b) under the Securities Act of 1933 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, duly authorized, in the City of Baltimore, State of Maryland, this May 19, 2011.

T. ROWE PRICE NEW ERA FUND, INC.

/s/Edward C. Bernard

By: Edward C. Bernard

Chairman of the Board

Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement has been signed below by the following persons in the capacities and on the dates indicated:

Signature	Title	Date


/s/Edward C. Bernard	Chairman of the Board	May 19, 2011
Edward C. Bernard	(Chief Executive Officer)


/s/Gregory K. Hinkle	Treasurer (Chief	May 19, 2011
Gregory K. Hinkle	Financial Officer)


*	Director	May 19, 2011
William R. Brody


*	Director	May 19, 2011
Jeremiah E. Casey


*	Director	May 19, 2011
Anthony W. Deering


*	Director	May 19, 2011
Donald W. Dick, Jr.


*	Director	May 19, 2011
Karen N. Horn


*	Director	May 19, 2011
Theo C. Rodgers


/s/Brian C. Rogers	Director	May 19, 2011
Brian C. Rogers


*	Director	May 19, 2011
John G. Schreiber


*	Director	May 19, 2011
Mark. R. Tercek


*/s/David Oestreicher	Vice President and	May 19, 2011
David Oestreicher	Attorney-In-Fact

Page 4

T. ROWE PRICE BALANCED FUND, INC.

T. ROWE PRICE BLUE CHIP GROWTH FUND, INC.

T. ROWE PRICE CALIFORNIA TAX-FREE INCOME TRUST

T. ROWE PRICE CAPITAL APPRECIATION FUND

T. ROWE PRICE CAPITAL OPPORTUNITY FUND, INC.

T. ROWE PRICE CORPORATE INCOME FUND, INC.

T. ROWE PRICE DIVERSIFIED MID-CAP GROWTH FUND, INC.

T. ROWE PRICE DIVERSIFIED SMALL-CAP GROWTH FUND, INC.

T. ROWE PRICE DIVIDEND GROWTH FUND, INC.

T. ROWE PRICE EQUITY INCOME FUND

T. ROWE PRICE EQUITY SERIES, INC.

T. ROWE PRICE FINANCIAL SERVICES FUND, INC.

T. ROWE PRICE FIXED INCOME SERIES, INC.

T. ROWE PRICE FLOATING RATE FUND, INC.

T. ROWE PRICE GLOBAL REAL ESTATE FUND, INC.

T. ROWE PRICE GLOBAL TECHNOLOGY FUND, INC.

T. ROWE PRICE GNMA FUND

T. ROWE PRICE GROWTH & INCOME FUND, INC.

T. ROWE PRICE GROWTH STOCK FUND, INC.

T. ROWE PRICE HEALTH SCIENCES FUND, INC.

T. ROWE PRICE HIGH YIELD FUND, INC.

T. ROWE PRICE INDEX TRUST, INC.

T. ROWE PRICE INFLATION FOCUSED BOND FUND, INC.

T. ROWE PRICE INFLATION PROTECTED BOND FUND, INC.

T. ROWE PRICE INSTITUTIONAL EQUITY FUNDS, INC.

T. ROWE PRICE INSTITUTIONAL INCOME FUNDS, INC.

T. ROWE PRICE INSTITUTIONAL INTERNATIONAL FUNDS, INC.

T. ROWE PRICE INTERNATIONAL FUNDS, INC.

T. ROWE PRICE INTERNATIONAL INDEX FUND, INC.

T. ROWE PRICE INTERNATIONAL SERIES, INC.

T. ROWE PRICE MEDIA & TELECOMMUNICATIONS FUND, INC.

T. ROWE PRICE MID-CAP GROWTH FUND, INC.

T. ROWE PRICE MID-CAP VALUE FUND, INC.

T. ROWE PRICE NEW AMERICA GROWTH FUND
T. ROWE PRICE NEW ERA FUND, INC.

T. ROWE PRICE NEW HORIZONS FUND, INC.

T. ROWE PRICE NEW INCOME FUND, INC.

T. ROWE PRICE PERSONAL STRATEGY FUNDS, INC.

T. ROWE PRICE PRIME RESERVE FUND, INC.

T. ROWE PRICE REAL ASSETS FUND, INC.

T. ROWE PRICE REAL ESTATE FUND, INC.

T. ROWE PRICE RESERVE INVESTMENT FUNDS, INC.

T. ROWE PRICE RETIREMENT FUNDS, INC.

T. ROWE PRICE SCIENCE & TECHNOLOGY FUND, INC.

T. ROWE PRICE SHORT-TERM BOND FUND, INC.

T. ROWE PRICE SMALL-CAP STOCK FUND, INC.

T. ROWE PRICE SMALL-CAP VALUE FUND, INC.

T. ROWE PRICE SPECTRUM FUND, INC.

T. ROWE PRICE STATE TAX-FREE INCOME TRUST

T. ROWE PRICE STRATEGIC INCOME FUND, INC.

Page 5

T. ROWE PRICE SUMMIT FUNDS, INC.

T. ROWE PRICE SUMMIT MUNICIPAL FUNDS, INC.

T. ROWE PRICE TAX-EFFICIENT FUNDS, INC.

T. ROWE PRICE TAX-EXEMPT MONEY FUND, INC.

T. ROWE PRICE TAX-FREE HIGH YIELD FUND, INC.

T. ROWE PRICE TAX-FREE INCOME FUND, INC.

T. ROWE PRICE TAX-FREE SHORT-INTERMEDIATE FUND, INC.

T. ROWE PRICE U.S. BOND INDEX FUND, INC.

T. ROWE PRICE U.S. LARGE-CAP CORE FUND, INC.

T. ROWE PRICE U.S. TREASURY FUNDS, INC.

T. ROWE PRICE VALUE FUND, INC.

POWER OF ATTORNEY

RESOLVED, that the Corporation does hereby constitute and authorize Edward C. Bernard, Margery K. Neale and David Oestreicher, and each of them individually, their true and lawful attorneys and agents to take any and all action and execute any and all instruments which said attorneys and agents may deem necessary or advisable to enable the Corporation/Trust to comply with the Securities Act of 1933, as amended, and the Investment Company Act of 1940, as amended, and any rules, regulations, orders or other requirements of the United States Securities and Exchange Commission thereunder, in connection with the registration under the Securities Act of 1933, as amended, of shares of the Corporation/Trust, to be offered by the Corporation/Trust, and the registration of the Corporation/Trust under the Investment Company Act of 1940, as amended, including specifically, but without limitation of the foregoing, power and authority to sign the name of the Corporation/Trust on its behalf, and to sign the names of each of such directors/trustees and officers on his behalf as such director/trustee or officer to any (i) Registration Statement on Form N-1A or N-14 of the Corporation/Trust filed with the Securities and Exchange Commission under the Securities Act of 1933, as amended; (ii) Registration Statement on Form N-1A or N-14 of the Corporation/Trust under the Investment Company Act of 1940, as amended; (iii) amendment or supplement (including, but not limited to, Post-Effective Amendments adding additional series or classes of the Corporation/ Trust) to said Registration Statement; and (iv) instruments or documents filed or to be filed as a part of or in connection with such Registration Statement, including Articles Supplementary, Articles of Amendment, and other instruments with respect to the Articles of Incorporation or Master Trust Agreement of the Corporation/Trust.

IN WITNESS WHEREOF, the above named Corporations/Trusts have caused these presents to be signed and the same attested by its Secretary, each thereunto duly authorized by its Board of Directors/Trustees, and each of the undersigned has hereunto set his hand and seal as of the day set opposite his name.

ALL CORPORATIONS/TRUSTS
/s/Edward C. Bernard Edward C. Bernard	Chairman of the Board (Principal Executive Officer) Director/Trustee	April 20, 2011
/s/Gregory K. Hinkle Gregory K. Hinkle	Treasurer (Principal Financial Officer)	April 20, 2011
/s/William R. Brody William R. Brody	Director/Trustee	April 20, 2011
/s/Jeremiah E. Casey Jeremiah E. Casey	Director/Trustee	April 20, 2011
/s/Anthony W. Deering Anthony W. Deering	Director/Trustee	April 20, 2011
/s/Donald W. Dick, Jr. Donald W. Dick, Jr.	Director/Trustee	April 20, 2011
/s/Karen N. Horn Karen N. Horn	Director/Trustee	April 20, 2011
/s/Theo C. Rodgers Theo C. Rodgers	Director/Trustee	April 20, 2011
/s/John G. Schreiber John G. Schreiber	Director/Trustee	April 20, 2011
/s/Mark R. Tercek Mark R. Tercek	Director/Trustee	April 20, 2011

Page 6

(Signatures Continued)

Page 7

MICHAEL C. GITLIN, Director/Trustee

T. ROWE PRICE CALIFORNIA TAX-FREE INCOME TRUST

T. ROWE PRICE CORPORATE INCOME FUND, INC.

T. ROWE PRICE FIXED INCOME SERIES, INC.

T. ROWE PRICE GNMA FUND

T. ROWE PRICE HIGH YIELD FUND, INC.

T. ROWE PRICE INSTITUTIONAL INCOME FUNDS, INC.

T. ROWE PRICE INFLATION FOCUSED BOND FUND, INC.

T. ROWE PRICE INFLATION PROTECTED BOND FUND, INC.

T. ROWE PRICE NEW INCOME FUND, INC.

T. ROWE PRICE PRIME RESERVE FUND, INC.

T. ROWE PRICE RESERVE INVESTMENT FUNDS, INC.

T. ROWE PRICE SHORT-TERM BOND FUND, INC.

T. ROWE PRICE STATE TAX-FREE INCOME TRUST

T. ROWE PRICE STRATEGIC INCOME FUND, INC.

T. ROWE PRICE SUMMIT FUNDS, INC.

T. ROWE PRICE SUMMIT MUNICIPAL FUNDS, INC.

T. ROWE PRICE TAX-EXEMPT MONEY FUND, INC.

T. ROWE PRICE TAX-FREE HIGH YIELD FUND, INC.

T. ROWE PRICE TAX-FREE INCOME FUND, INC.

T. ROWE PRICE TAX-FREE SHORT-INTERMEDIATE FUND, INC.

T. ROWE PRICE U.S. BOND INDEX FUND, INC.

T. ROWE PRICE U.S. TREASURY FUNDS, INC.

/s/Michael C. Gitlin

Michael C. Gitlin

April 20, 2011

(Signatures Continued)

Page 8

JOHN H. LAPORTE, Director/Trustee

T. ROWE PRICE CAPITAL OPPORTUNITY FUND, INC.

T. ROWE PRICE DIVERSIFIED MID-CAP GROWTH FUND, INC.

T. ROWE PRICE EQUITY SERIES, INC.

T. ROWE PRICE NEW AMERICA GROWTH FUND

T. ROWE PRICE SCIENCE & TECHNOLOGY FUND, INC.

T. ROWE PRICE SMALL-CAP STOCK FUND, INC.

T. ROWE PRICE SMALL-CAP VALUE FUND, INC.

JOHN H. LAPORTE, Director and Vice President

T. ROWE PRICE DIVERSIFIED SMALL-CAP GROWTH FUND, INC.

T. ROWE PRICE HEALTH SCIENCES FUND, INC.

T. ROWE PRICE NEW HORIZONS FUND, INC.

/s/John H. Laporte

John H. Laporte

April 20, 2011

(Signatures Continued)

Page 9

BRIAN C. ROGERS, Director/Trustee

T. ROWE PRICE BALANCED FUND, INC.

T. ROWE PRICE BLUE CHIP GROWTH FUND, INC.

T. ROWE PRICE CAPITAL APPRECIATION FUND

T. ROWE PRICE DIVIDEND GROWTH FUND, INC.

T. ROWE PRICE FINANCIAL SERVICES FUND, INC.

T. ROWE PRICE GLOBAL REAL ESTATE FUND, INC.

T. ROWE PRICE GLOBAL TECHNOLOGY FUND, INC.

T. ROWE PRICE GROWTH & INCOME FUND, INC.

T. ROWE PRICE GROWTH STOCK FUND, INC.

T. ROWE INDEX TRUST, INC.

T. ROWE PRICE INSTITUTIONAL INTERNATIONAL FUNDS, INC.

T. ROWE PRICE INTERNATIONAL FUNDS, INC.

T. ROWE PRICE INTERNATIONAL INDEX FUND, INC.

T. ROWE PRICE INTERNATIONAL SERIES, INC.

T. ROWE PRICE MEDIA & TELECOMMUNICATIONS FUND, INC.

T. ROWE PRICE MID-CAP GROWTH FUND, INC.

T. ROWE PRICE MID-CAP VALUE FUND, INC.

T. ROWE PRICE NEW ERA FUND, INC.

T. ROWE PRICE REAL ASSETS FUND, INC.

T. ROWE PRICE REAL ESTATE FUND, INC.

T. ROWE PRICE TAX-EFFICIENT FUNDS, INC.

T. ROWE PRICE U.S. LARGE-CAP CORE FUND, INC.

BRIAN C. ROGERS, Director/Trustee and President

T. ROWE PRICE EQUITY INCOME FUND

T. ROWE PRICE INSTITUTIONAL EQUITY FUNDS, INC.

BRIAN C. ROGERS, Director/Trustee and Vice President

T. ROWE PRICE PERSONAL STRATEGY FUNDS, INC.

T. ROWE PRICE RETIREMENT FUNDS, INC.

T. ROWE PRICE SPECTRUM FUND, INC.

T. ROWE PRICE VALUE FUND, INC.

/s/Brian C. Rogers

Brian C. Rogers

April 20, 2011

(Signatures Continued)

Page 10

ATTEST:

/s/Patricia B. Lippert

Patricia B. Lippert, Secretary

EX-101.INS 2 cik0000216907-20110429.xml 0000216907 cik000216907:S000002105Member cik000216907:ReturnsAfterTaxesOnDistributionsMember cik000216907:C000005477Member 2011-05-01 2011-05-01 0000216907 cik000216907:S000002105Member cik000216907:ReturnsAfterTaxesOnDistributionsAndSaleOfFundSharesMember cik000216907:C000005477Member 2011-05-01 2011-05-01 0000216907 cik000216907:S000002105Member cik000216907:SP500IndexMember 2011-05-01 2011-05-01 0000216907 cik000216907:S000002105Member cik000216907:LipperGlobalNaturalResourcesFundsIndexMember 2011-05-01 2011-05-01 0000216907 cik000216907:S000002105Member 2011-05-01 2011-05-01 0000216907 cik000216907:S000002105Member cik000216907:C000005477Member 2011-05-01 2011-05-01 0000216907 2011-05-01 2011-05-01 iso4217:USD xbrli:pure false 2011-04-29 2011-05-01 2010-12-31 485BPOS 0000216907 T. Rowe Price New Era Fund, Inc. 0.0067 <div> <div style="display:none;" >~ http://troweprice.com/role/ScheduleAnnualFundOperatingExpensesTRowePriceNewEraFundIncX column period compact * column dei_LegalEntityAxis compact cik000216907_S000002105Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> </div> -0.0435 -0.0634 0.3320 0.3009 0.2988 0.1700 0.4069 -0.5018 0.4936 0.2096 0.2096 0.1766 0.1506 0.1389 0.2075 0.0818 0.0745 0.0229 0.0699 0.0763 0.1156 0.1318 0.0141 0.1010 0.1089 Performance <div> <div class="MetaData"> <table style="width: 184pt; border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="245"> <tr style="height: 15pt;"><td style="border-bottom: black 1pt solid; border-left: black 1pt solid; font-style: normal; padding-left: 1px; width: 74pt; padding-right: 1px; font-family: Calibri, sans-serif; white-space: normal; height: 30.75pt; color: black; font-size: 11pt; vertical-align: top; border-top: black 1pt solid; font-weight: 400; border-right: black 1pt solid; text-decoration: none; padding-top: 1px;" class="xl65" height="41" rowspan="2" width="98"> </td> <td style="border-bottom: medium none; border-left: medium none; font-style: normal; padding-left: 1px; width: 62pt; padding-right: 1px; font-family: Calibri, sans-serif; white-space: normal; color: black; font-size: 11pt; vertical-align: top; border-top: black 1pt solid; font-weight: 400; border-right: black 1pt solid; text-decoration: none; padding-top: 1px;" class="xl65" width="83">Quarter</td> <td style="border-bottom: medium none; border-left: medium none; font-style: normal; padding-left: 1px; width: 48pt; padding-right: 1px; font-family: Calibri, sans-serif; white-space: normal; color: black; font-size: 11pt; vertical-align: top; border-top: black 1pt solid; font-weight: 400; border-right: black 1pt solid; text-decoration: none; padding-top: 1px;" class="xl65" width="64">Total</td></tr> <tr style="height: 15.75pt;"><td style="border-bottom: black 1pt solid; border-left: medium none; font-style: normal; padding-left: 1px; width: 62pt; padding-right: 1px; font-family: Calibri, sans-serif; white-space: normal; height: 15.75pt; color: black; font-size: 11pt; vertical-align: top; border-top: medium none; font-weight: 400; border-right: black 1pt solid; text-decoration: none; padding-top: 1px;" class="xl67" height="21" width="83">Ended    </td> <td style="border-bottom: black 1pt solid; border-left: medium none; font-style: normal; padding-left: 1px; width: 48pt; padding-right: 1px; font-family: Calibri, sans-serif; white-space: normal; color: black; font-size: 11pt; vertical-align: top; border-top: medium none; font-weight: 400; border-right: black 1pt solid; text-decoration: none; padding-top: 1px;" class="xl67" width="64">Return    </td></tr> <tr style="height: 15.75pt;"><td style="border-bottom: black 1pt solid; border-left: black 1pt solid; font-style: normal; padding-left: 1px; width: 74pt; padding-right: 1px; font-family: Calibri, sans-serif; white-space: normal; height: 15.75pt; color: black; font-size: 11pt; vertical-align: top; border-top: medium none; font-weight: 400; border-right: black 1pt solid; text-decoration: none; padding-top: 1px;" class="xl68" height="21" width="98"> Best Quarter</td> <td style="border-bottom: black 1pt solid; border-left: medium none; font-style: normal; padding-left: 1px; width: 62pt; padding-right: 1px; font-family: Calibri, sans-serif; white-space: normal; color: black; font-size: 11pt; vertical-align: top; border-top: medium none; font-weight: 400; border-right: black 1pt solid; text-decoration: none; padding-top: 1px;" class="xl68" width="83">06/30/2009</td> <td style="border-bottom: black 1pt solid; border-left: medium none; font-style: normal; padding-left: 1px; width: 48pt; padding-right: 1px; font-family: Calibri, sans-serif; white-space: normal; color: black; font-size: 11pt; vertical-align: top; border-top: medium none; font-weight: 400; border-right: black 1pt solid; text-decoration: none; padding-top: 1px;" class="xl68" width="64">23.13</td></tr> <tr style="height: 30.75pt;"><td style="border-bottom: black 1pt solid; border-left: black 1pt solid; font-style: normal; padding-left: 1px; width: 74pt; padding-right: 1px; font-family: Calibri, sans-serif; white-space: normal; height: 30.75pt; color: black; font-size: 11pt; vertical-align: top; border-top: medium none; font-weight: 400; border-right: black 1pt solid; text-decoration: none; padding-top: 1px;" class="xl68" height="41" width="98"> Worst Quarter</td> <td style="border-bottom: black 1pt solid; border-left: medium none; font-style: normal; padding-left: 1px; width: 62pt; padding-right: 1px; font-family: Calibri, sans-serif; white-space: normal; color: black; font-size: 11pt; vertical-align: top; border-top: medium none; font-weight: 400; border-right: black 1pt solid; text-decoration: none; padding-top: 1px;" class="xl68" width="83">12/31/2008</td> <td style="border-bottom: black 1pt solid; border-left: medium none; font-style: normal; padding-left: 1px; width: 48pt; padding-right: 1px; font-family: Calibri, sans-serif; white-space: normal; color: black; font-size: 11pt; vertical-align: top; border-top: medium none; font-weight: 400; border-right: black 1pt solid; text-decoration: none; padding-top: 1px;" class="xl68" width="64">-34.50</td></tr></table></div> </div> <div class="MetaData"> New Era Fund Calendar Year Returns</div> 0.2313 2009-06-30 -0.3450 2008-12-31 <div> <div style="display:none;" >~ http://troweprice.com/role/ScheduleAnnualTotalReturnsTRowePriceNewEraFundIncBarChart column period compact * column primary compact * row dei_LegalEntityAxis compact cik000216907_S000002105Member row rr_ProspectusShareClassAxis compact * ~</div> </div> 0.0012 0.0000 Example <div> This example is intended to help you compare the cost of investing in the fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the fund for the time periods indicated and then redeem all of your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the fund's operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be: </div> <div> <div style="display:none;" >~ http://troweprice.com/role/ScheduleExpenseExampleTransposedTRowePriceNewEraFundInc row period compact * row primary compact * column dei_LegalEntityAxis compact cik000216907_S000002105Member column rr_ProspectusShareClassAxis compact * ~</div> </div> 68 214 373 835 <div class="MetaData"> Fees and Expenses</div> <div> <div class="MetaData"> This table describes the fees and expenses that you may pay if you buy and hold shares of the fund. </div> </div> Best Worst 0.0055 10 0 0 <div class="MetaData"> Investment Objective</div> <div> <div class="MetaData"> The fund seeks to provide long-term capital growth primarily through the common stocks of companies that own or develop natural resources and other basic commodities, and also through the stocks of selected nonresource growth companies.</div> </div> <div class="MetaData"> Annual fund operating expenses (expenses that you pay each year as a percentage of the value of your investment) </div> 1 -800-225-5132 troweprice.com The bar chart showing calendar year returns and the average annual total returns table indicate risk by illustrating how much returns can differ from one year to the next and how fund performance compares with that of a comparable market index. <div> <div class="MetaData"> The bar chart showing calendar year returns and the average annual total returns table indicate risk by illustrating how much returns can differ from one year to the next and how fund performance compares with that of a comparable market index.The fund's past performance (before and after taxes) is not necessarily an indication of future performance. The fund can also experience short-term performance swings, as shown by the best and worst calendar quarter returns during the years depicted. In addition, the average annual total returns table shows hypothetical after-tax returns to suggest how taxes paid by a shareholder may influence returns. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements, such as a 401(k) account or individual retirement account .</div> </div> The fund's past performance (before and after taxes) is not necessarily an indication of future performance. <div> <div class="MetaData"> Updated performance information is available through troweprice.com or may be obtained by calling 1 -800-225-5132 . </div> </div> <div class="MetaData" align="left"> <table style="width: 347pt; border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0"> <tr style="height: 12.75pt;"><td style="padding-bottom: 0pt; padding-left: 0pt; padding-right: 0pt; height: 12.75pt; padding-top: 0pt;" valign="bottom" width="48%" colspan="3" nowrap="nowrap"> Average Annual Total Returns Periods ended December 31, 2010 </td></tr></table></div> After-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements, such as a 401(k) account or individual retirement account . <div> <div style="display:none;" >~ http://troweprice.com/role/ScheduleAverageAnnualTotalReturnsTransposedTRowePriceNewEraFundInc row period compact * row primary compact * column dei_LegalEntityAxis compact cik000216907_S000002105Member column rr_ProspectusShareClassAxis compact * column rr_PerformanceMeasureAxis compact * ~</div> </div> After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Portfolio Turnover  0.2670 <div> The fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the fund's performance. During the most recent fiscal year, the fund's portfolio turnover rate was 26.7 % of the average value of its portfolio. </div> 2011-05-01 0 Principal Risks As with any mutual fund, there is no guarantee that the fund will achieve its objective. The fund's share price fluctuates, which means you could lose money by investing in the fund. <div> <div class="MetaData"> As with any mutual fund, there is no guarantee that the fund will achieve its objective. The fund's share price fluctuates, which means you could lose money by investing in the fund.The principal risks of investing in this fund are summarized as follows: Active management risk   The fund is subject to the risk that the investment adviser's judgments about the attractiveness, value, or potential appreciation of the fund's investments may prove to be incorrect. If the securities selected and strategies employed by the fund fail to produce the intended results, the fund could underperform other funds with similar objectives and investment strategies. Risks of stock investing   Stocks generally fluctuate in value more than bonds and may decline significantly over short time periods. There is a chance that stock prices overall will decline because stock markets tend to move in cycles, with periods of rising prices and falling prices. The value of a stock in which the fund invests may decline due to general weakness in the stock market or because of factors that affect a company or a particular industry. Industry risk   A fund that focuses its investments in specific industries or sectors is more susceptible to developments affecting those industries and sectors than a more broadly diversified fund would be. Because the fund invests a significant portion of its assets in natural resource-related companies, the fund may perform poorly during a downturn in certain industries. Natural resource-related companies can be adversely affected by, among other things, government regulation, global political and economic developments, energy and commodity prices, and the supply and demand for oil and gas. Foreign investing risk   Since the fund can invest a sizable portion of its assets in foreign securities, it will be subject to the risk that some holdings may lose value because of declining foreign currencies, adverse political or economic developments overseas, illiquid trading markets, governmental interference, or regulatory practices that differ from the U.S. These risks are heightened for the fund's investments in emerging markets.</div> </div> <div class="MetaData"> New Era Fund   <a name="_Toc290541690"> </a>SUMMARY</div> <div class="MetaData">    Fees and Expenses of the Fund   <div> Shareholder fees (fees paid directly from your investment) </div></div> <div> <div style="display:none;" >~ http://troweprice.com/role/ScheduleShareholderFeesTRowePriceNewEraFundInc column period compact * column dei_LegalEntityAxis compact cik000216907_S000002105Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> </div> <div class="MetaData"> <div> Investments, Risks, and Performance</div> Principal Investment Strategies</div> <div> <div style="padding-left: 0%; width: 100%; padding-right: 0%;" class="MetaData"> <div> The fund will normally invest a minimum of two-thirds of fund assets in the common stocks of natural resource companies whose earnings and tangible assets could benefit from accelerating inflation.We also invest in other growth companies that we believe have strong potential for earnings growth but do not own or develop natural resources. The relative percentages invested in resource and nonresource companies can vary depending on economic and monetary conditions and our outlook for inflation. The natural resource companies held by the fund typically own, develop, refine, service, or transport resources, including energy, metals, forest products, real estate, and other basic commodities. In selecting natural resource stocks, we look for companies whose products can be produced and marketed profitably when both labor costs and prices are rising. In the mining area, for example, we might look for a company with the ability to expand production and maintain superior exploration programs and production facilities.</div> In pursuing its investment objective, the fund has the discretion to deviate from its normal investment criteria, as previously described, and purchase securities that the fund's management believes will provide an opportunity for substantial appreciation. These situations might arise when the fund's management believes a security could increase in value for a variety of reasons, including an extraordinary corporate event, a new product introduction or innovation, a favorable competitive development, or a change in management. At least half of fund assets will be invested in U.S. securities, but up to 50% of total assets may be invested in foreign securities. The fund may sell securities for a variety of reasons, such as to secure gains, limit losses, or redeploy assets into more promising opportunities.</div> </div> The fund will normally invest a minimum of two-thirds of fund assets in the common stocks of natural resource companies whose earnings and tangible assets could benefit from accelerating inflation. Nonretirement accounts with less than a $2,000 balance (with certain exceptions) may be subject to an annual $10 fee. EX-101.SCH 3 cik0000216907-20110429.xsd 000103 - Schedule - Annual Fund Operating Expenses - {T. Rowe Price New Era Fund, Inc.} link:presentationLink link:calculationLink link:definitionLink 000101 - Document - Risk/Return Summary {Unlabeled} - (T. Rowe Price New Era Fund, Inc.) link:presentationLink link:calculationLink link:definitionLink 000102 - Schedule - Shareholder Fees - {T. Rowe Price New Era Fund, Inc.} link:presentationLink link:calculationLink link:definitionLink 000104 - Schedule - Expense Example {Transposed} - {T. Rowe Price New Era Fund, Inc.} link:presentationLink link:calculationLink link:definitionLink 000105 - Schedule - Expense Example, No Redemption {Transposed} - {T. Rowe Price New Era Fund, Inc.} link:presentationLink link:calculationLink link:definitionLink 000106 - Schedule - Annual Total Returns - {T. Rowe Price New Era Fund, Inc.}{Bar Chart} link:presentationLink link:calculationLink link:definitionLink 000107 - Schedule - Average Annual Total Returns {Transposed} - {T. Rowe Price New Era Fund, Inc.} link:presentationLink link:calculationLink link:definitionLink 000108 - Disclosure - Risk/Return Detail Data {Elements} - (T. Rowe Price New Era Fund, Inc.) link:presentationLink link:calculationLink link:definitionLink 000001 - Document - Document and Entity Information {Elements} link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 4 cik0000216907-20110429_cal.xml EX-101.DEF 5 cik0000216907-20110429_def.xml EX-101.LAB 6 cik0000216907-20110429_lab.xml Risk/Return: Document Type Document Period End Date Registrant Name Central Index Key Amendment Flag Document Creation Date Document Effective Date Prospectus Date T. rowe price new era fund, inc. 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Rowe Price New Era Fund, Inc.dei_LegalEntityAxisxbrldihttp://xbrl.org/2006/xbrldicik000216907_S000002105Memberdei_LegalEntityAxisexplicitMemberfalsefalseT. Rowe Price New Era Fund, Inc.rr_ProspectusShareClassAxisxbrldihttp://xbrl.org/2006/xbrldicik000216907_C000005477Memberrr_ProspectusShareClassAxisexplicitMemberUnit1Standardhttp://www.xbrl.org/2003/instancepurexbrli0Unit12Standardhttp://www.xbrl.org/2003/iso4217USDiso42170USDUSD$OthernaNo definition available.No authoritative reference available.falsefalseT. Rowe Price New Era Fund, Inc. | T. Rowe Price New Era Fund, Inc.6true0rr_RiskReturnAbstractrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringNo definition available.falsefalseRisk/Return:7false0rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPricerrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseterselabel1truetruetrue00falsefalsefalsefalsefalseOtherrr:NonNegativePure4TypepureMaximum Deferred Sales Charge (Load) (as a percentage of ____) A.3.instructions.2.a.i "Maximum Deferred Sales Charge (Load)" includes the maximum total deferred sales charge (load) payable upon redemption, in installments, or both, expressed as a percentage of the amount or amounts stated in response to Item 7(a), except that, for a sales charge (load) based on net asset value at the time of purchase, show the sales charge (load) as a percentage of the offering price at the time of purchase. A Fund may include in a footnote to the table, if applicable, a tabular presentation showing the amount of deferred sales charges (loads) over time or a narrative explanation of the sales charges (loads) (e.g., __% in the first year after purchase, declining to __% in the __ year and eliminated thereafter). A.3.instructions.2.a.ii If more than one type of sales charge (load) is imposed (e.g., a deferred sales charge (load) and a front-end sales charge (load)), the first caption in the table should read "Maximum Sales Charge (Load)" and show the maximum cumulative percentage. Show the percentage amounts and the terms of each sales charge (load) comprising that figure on separate lines below.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph 1 -Subsection table falsefalseMaximum sales charge (load) imposed on purchases8false0rr_MaximumDeferredSalesChargeOverOtherrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseterselabel1truetruetrue00falsefalsefalsefalsefalseOtherrr:NonNegativePure4TypepureMaximum Deferred Sales Charge (Load) (as a percentage of ____) "Maximum Deferred Sales Charge (Load)" includes the maximum total deferred sales charge (load) payable upon redemption, in installments, or both, expressed as a percentage of the amount or amounts stated in response to Item 7(a), except that, for a sales charge (load) based on net asset value at the time of purchase, show the sales charge (load) as a percentage of the offering price at the time of purchase. A Fund may include in a footnote to the table, if applicable, a tabular presentation showing the amount of deferred sales charges (loads) over time or a narrative explanation of the sales charges (loads) (e.g., __% in the first year after purchase, declining to __% in the __ year and eliminated thereafter). If more than one type of sales charge (load) is imposed (e.g., a deferred sales charge (load) and a front-end sales charge (load)), the first caption in the table should read "Maximum Sales Charge (Load)" and show the maximum cumulative percentage. Show the percentage amounts and the terms of each sales charge (load) comprising that figure on separate lines below.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 2 -Subparagraph a -Clause i -Subsection instructions falsefalseMaximum deferred sales charge (load)9false0rr_RedemptionFeerrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseterselabel1truefalsetrue00falsetruefalsefalsefalseMonetaryrr:NonPositiveMonetaryTypemonetary"Redemption Fee" (as a percentage of amount redeemed, if applicable) If the Fund is an Exchange-Traded Fund and issues or redeems shares in creation units of not less than 25,000 shares each, exclude any fees charged for the purchase and redemption of the Fund's creation units. "Redemption Fee" includes a fee charged for any redemption of the Fund's shares, but does not include a deferred sales charge (load) imposed upon redemption.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph 4 -Subsection table falsefalseRedemption fee10false0rr_MaximumAccountFeerrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseterselabel1truefalsetrue1010[1]falsefalsefalsefalsefalseMonetaryrr:NonNegativeMonetaryTypemonetaryInclude the caption "Maximum Account Fees" only if the Fund charges these fees. A Fund may omit other captions if the Fund does not charge the fees or expenses covered by the captions. Disclose account fees that may be charged to a typical investor in the Fund; fees that apply to only a limited number of shareholders based on their particular circumstances need not be disclosed. Include a caption describing the maximum account fee (e.g., "Maximum Account Maintenance Fee" or "Maximum Cash Management Fee"). State the maximum annual account fee as either a fixed dollar amount or a percentage of assets. Include in a parenthetical to the caption the basis on which any percentage is calculated. If an account fee is charged only to accounts that do not meet a certain threshold (e.g., accounts under $5)Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph c -Subsection instructions falsefalseMaximum account fee11false0rr_ManagementFeesOverAssetsrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseterselabel1truetruetrue0.00550.0055falsefalsefalsefalsefalseOtherrr:NonNegativePure4TypepureManagement Fees include investment advisory fees (including any fees based on the Fund's performance), any other management fees payable to the investment adviser or its affiliates, and administrative fees payable to the investment adviser or its affiliates that are not included as "Other Expenses."Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 3 -Subparagraph a -Subsection instructions falsefalseManagement fees12false0rr_DistributionAndService12b1FeesOverAssetsrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truetruetrue0.00000.0000falsefalsefalsefalsefalseOtherrr:NonNegativePure4TypepureDistribution [and/or Service] (12b-1) Fees" include all distribution or other expenses incurred during the most recent fiscal year under a plan adopted pursuant to rule 12b-1 [17 CFR 270.12b-1]. Under an appropriate caption or a subcaption of "Other Expenses," disclose the amount of any distribution or similar expenses deducted from the Fund's assets other than pursuant to a rule 12b-1 plan.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph 9 -Subsection table falsefalseDistribution and Service (12b-1) Fees13false0rr_Component1OtherExpensesOverAssetsrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseterselabel1truetruetrue0.00120.0012falsefalsefalsefalsefalseOtherrr:NonNegativePure4TypepureThe Fund may subdivide this caption into no more than three subcaptions that identify the largest expense or expenses comprising "Other Expenses," but must include a total of all "Other Expenses." Alternatively, the Fund may include the components of "Other Expenses" in a parenthetical to the caption.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 3 -Subparagraph c -Clause iii -Subsection instructions falsefalseOther expenses14false0rr_AcquiredFundFeesAndExpensesOverAssetsrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseterselabel1truetruetrue0.00670.0067falsefalsefalsefalsefalseOtherrr:NonNegativePure4TypepureTotal Annual Fund Operating Expenses.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph 11 -Subsection table falsefalseTotal annual fund operating expenses15false0rr_ExpenseExampleYear01rrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseterselabel1truefalsetrue6868falsefalsefalsefalsefalseMonetaryrr:NonNegativeMonetaryTypemonetaryThe Example assumes that you invest $10,000 in the Fund for the time periods indicated and then you redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return per year and that the Fund's operating expenses remained the same. Although your actual costs may be higher or lower.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 4 -Subsection instructions falsefalse1 Year16false0rr_ExpenseExampleYear03rrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseterselabel1truefalsetrue214214falsefalsefalsefalsefalseMonetaryrr:NonNegativeMonetaryTypemonetaryThe Example assumes that you invest $10,000 in the Fund for the time periods indicated and then you redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return per year and that the Fund's operating expenses remained the same. Although your actual costs may be higher or lower.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph 2 -Subsection example falsefalse3 Years17false0rr_ExpenseExampleYear05rrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseterselabel1truefalsetrue373373falsefalsefalsefalsefalseMonetaryrr:NonNegativeMonetaryTypemonetaryThe Example assumes that you invest $10,000 in the Fund for the time periods indicated and then you redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return per year and that the Fund's operating expenses remained the same. Although your actual costs may be higher or lower.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph 2 -Subsection example falsefalse5 Years18false0rr_ExpenseExampleYear10rrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseterselabel1truefalsetrue835835falsetruefalsefalsefalseMonetaryrr:NonNegativeMonetaryTypemonetaryThe Example assumes that you invest $10,000 in the Fund for the time periods indicated and then you redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return per year and that the Fund's operating expenses remained the same. Although your actual costs may be higher or lower.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph 2 -Subsection example falsefalse10 Years19false0rr_AnnualReturn2001rrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truetruefalse-0.0435-0.0435falsefalsefalsefalsefalseOtherxbrli:pureItemTypepureIf the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart. When a Multiple Class Fund offers more than one Class in the prospectus, provide annual total returns in the bar chart for only one of those Classes. The Fund can select which Class to include (e.g., the oldest Class, the Class with the greatest net assets).Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 2 -Subparagraph ii -Subsection b falsefalseAnnual Return 200120false0rr_AnnualReturn2002rrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truetruefalse-0.0634-0.0634falsefalsefalsefalsefalseOtherxbrli:pureItemTypepureIf the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart. When a Multiple Class Fund offers more than one Class in the prospectus, provide annual total returns in the bar chart for only one of those Classes. The Fund can select which Class to include (e.g., the oldest Class, the Class with the greatest net assets).Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 2 -Subparagraph ii -Subsection b falsefalseAnnual Return 200221false0rr_AnnualReturn2003rrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truetruefalse0.33200.3320falsefalsefalsefalsefalseOtherxbrli:pureItemTypepureIf the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart. When a Multiple Class Fund offers more than one Class in the prospectus, provide annual total returns in the bar chart for only one of those Classes. The Fund can select which Class to include (e.g., the oldest Class, the Class with the greatest net assets).Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 2 -Subparagraph instructions -Clause 3 -Exhibit a -Subsection b falsefalseAnnual Return 200322false0rr_AnnualReturn2004rrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truetruefalse0.30090.3009falsefalsefalsefalsefalseOtherxbrli:pureItemTypepureIf the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart. When a Multiple Class Fund offers more than one Class in the prospectus, provide annual total returns in the bar chart for only one of those Classes. The Fund can select which Class to include (e.g., the oldest Class, the Class with the greatest net assets).Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 2 -Subparagraph instructions -Clause 3 -Exhibit a -Subsection b falsefalseAnnual Return 200423false0rr_AnnualReturn2005rrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truetruefalse0.29880.2988falsefalsefalsefalsefalseOtherxbrli:pureItemTypepureIf the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart. When a Multiple Class Fund offers more than one Class in the prospectus, provide annual total returns in the bar chart for only one of those Classes. The Fund can select which Class to include (e.g., the oldest Class, the Class with the greatest net assets).Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 2 -Subparagraph ii -Subsection b falsefalseAnnual Return 200524false0rr_AnnualReturn2006rrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truetruefalse0.17000.1700falsefalsefalsefalsefalseOtherxbrli:pureItemTypepureIf the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart. When a Multiple Class Fund offers more than one Class in the prospectus, provide annual total returns in the bar chart for only one of those Classes. The Fund can select which Class to include (e.g., the oldest Class, the Class with the greatest net assets).Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 2 -Subparagraph ii -Subsection b falsefalseAnnual Return 200625false0rr_AnnualReturn2007rrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truetruefalse0.40690.4069falsefalsefalsefalsefalseOtherxbrli:pureItemTypepureIf the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart. When a Multiple Class Fund offers more than one Class in the prospectus, provide annual total returns in the bar chart for only one of those Classes. The Fund can select which Class to include (e.g., the oldest Class, the Class with the greatest net assets).Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 2 -Subparagraph instructions -Clause 3 -Exhibit a -Subsection b falsefalseAnnual Return 200726false0rr_AnnualReturn2008rrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truetruefalse-0.5018-0.5018falsefalsefalsefalsefalseOtherxbrli:pureItemTypepureIf the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart. When a Multiple Class Fund offers more than one Class in the prospectus, provide annual total returns in the bar chart for only one of those Classes. The Fund can select which Class to include (e.g., the oldest Class, the Class with the greatest net assets).Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 2 -Subparagraph ii -Subsection b falsefalseAnnual Return 200827false0rr_AnnualReturn2009rrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truetruefalse0.49360.4936falsefalsefalsefalsefalseOtherxbrli:pureItemTypepureIf the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart. When a Multiple Class Fund offers more than one Class in the prospectus, provide annual total returns in the bar chart for only one of those Classes. The Fund can select which Class to include (e.g., the oldest Class, the Class with the greatest net assets).Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 2 -Subparagraph instructions -Clause 3 -Exhibit a -Subsection b falsefalseAnnual Return 200928false0rr_AnnualReturn2010rrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truetruefalse0.20960.2096falsefalsefalsefalsefalseOtherxbrli:pureItemTypepureIf the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart. When a Multiple Class Fund offers more than one Class in the prospectus, provide annual total returns in the bar chart for only one of those Classes. The Fund can select which Class to include (e.g., the oldest Class, the Class with the greatest net assets).Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 2 -Subparagraph ii -Subsection b falsefalseAnnual Return 201029false0rr_HighestQuarterlyReturnLabelrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00BestfalsefalsefalsefalsefalseOtherxbrli:stringItemTypestringIf the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 2 -Subparagraph ii -Subsection b falsefalseHighest Quarterly Return, Label30false0rr_BarChartHighestQuarterlyReturnDaterrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse002009-06-30falsefalsetruefalsefalseOtherxbrli:dateItemTypedateIf the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 2 -Subparagraph ii -Subsection b falsefalseHighest Quarterly Return, Date31false0rr_BarChartHighestQuarterlyReturnrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truetruefalse0.23130.2313falsefalsefalsefalsefalseOtherxbrli:pureItemTypepureIf the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 2 -Subparagraph ii -Subsection b falsefalseHighest Quarterly Return32false0rr_LowestQuarterlyReturnLabelrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00WorstfalsefalsefalsefalsefalseOtherxbrli:stringItemTypestringIf the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 2 -Subparagraph ii -Subsection b falsefalseLowest Quarterly Return, Label33false0rr_BarChartLowestQuarterlyReturnDaterrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse002008-12-31falsefalsetruefalsefalseOtherxbrli:dateItemTypedateIf the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 2 -Subparagraph ii -Subsection b falsefalseLowest Quarterly Return, Date34false0rr_BarChartLowestQuarterlyReturnrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truetruefalse-0.3450-0.3450falsefalsefalsefalsefalseOtherxbrli:pureItemTypepureIf the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 2 -Subparagraph ii -Subsection b falsefalseLowest Quarterly Return35false0rr_AverageAnnualReturnYear01rrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truetruetrue0.20960.2096falsefalsefalsefalsefalseOtherxbrli:pureItemTypepureReturn Before Taxes.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 2 -Subparagraph iii -Clause 1 -Exhibit 2 -Subsection b falsefalse1 Year36false0rr_AverageAnnualReturnYear05rrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truetruetrue0.08180.0818falsefalsefalsefalsefalseOtherxbrli:pureItemTypepureReturn Before Taxes.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 2 -Subparagraph iii -Clause 1 -Exhibit 2 -Subsection b falsefalse5 Years37false0rr_AverageAnnualReturnYear10rrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truetruetrue0.11560.1156falsefalsefalsefalsefalseOtherxbrli:pureItemTypepureReturn Before Taxes.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 2 -Subparagraph iii -Clause 1 -Exhibit 2 -Subsection b falsefalse10 Years38false0natruenanaNo definition available.falsetruefalsefalsefalsefalsefalsefalsefalsefalsehttp://troweprice.com/role/disclosureriskreturndetaildataelementstrowepricenewerafundinc1falsefalsefalse00falsefalsefalsefalsefalse3falsefalsetruefalse{dei_LegalEntityAxis} : S000002105 Member {rr_ProspectusShareClassAxis} : C000005477 Member {rr_PerformanceMeasureAxis} : Returns After Taxes On Distributions Member 5/1/2011 - 5/1/2011 Duration_5_1_2011_To_5_1_2011_dei_LegalEntityAxis_cik000216907_S000002105Member_rr_PerformanceMeasureAxis_cik000216907_ReturnsAfterTaxesOnDistributionsMember_rr_ProspectusShareClassAxis_cik000216907_C000005477Memberhttp://www.sec.gov/CIK0000216907duration2011-05-01T00:00:002011-05-01T00:00:00falsefalseT. Rowe Price New Era Fund, Inc.dei_LegalEntityAxisxbrldihttp://xbrl.org/2006/xbrldicik000216907_S000002105Memberdei_LegalEntityAxisexplicitMemberfalsefalseT. Rowe Price New Era Fund, Inc.rr_ProspectusShareClassAxisxbrldihttp://xbrl.org/2006/xbrldicik000216907_C000005477Memberrr_ProspectusShareClassAxisexplicitMemberfalsefalseReturns after taxes on distributionsrr_PerformanceMeasureAxisxbrldihttp://xbrl.org/2006/xbrldicik000216907_ReturnsAfterTaxesOnDistributionsMemberrr_PerformanceMeasureAxisexplicitMemberUnit1Standardhttp://www.xbrl.org/2003/instancepurexbrli0OthernaNo definition available.No authoritative reference available.falsefalseT. Rowe Price New Era Fund, Inc. | T. Rowe Price New Era Fund, Inc. | Returns after taxes on distributions39true0rr_RiskReturnAbstractrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringNo definition available.falsefalseRisk/Return:40false0rr_AverageAnnualReturnYear01rrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truetruetrue0.20750.2075falsefalsefalsefalsefalseOtherxbrli:pureItemTypepureReturn Before Taxes.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 2 -Subparagraph iii -Clause 1 -Exhibit 2 -Subsection b falsefalse1 Year41false0rr_AverageAnnualReturnYear05rrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truetruetrue0.07630.0763falsefalsefalsefalsefalseOtherxbrli:pureItemTypepureReturn Before Taxes.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 2 -Subparagraph iii -Clause 1 -Exhibit 2 -Subsection b falsefalse5 Years42false0rr_AverageAnnualReturnYear10rrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truetruetrue0.10890.1089falsefalsefalsefalsefalseOtherxbrli:pureItemTypepureReturn Before Taxes.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 2 -Subparagraph iii -Clause 1 -Exhibit 2 -Subsection b falsefalse10 Years43false0natruenanaNo definition available.falsetruefalsefalsefalsefalsefalsefalsefalsefalsehttp://troweprice.com/role/disclosureriskreturndetaildataelementstrowepricenewerafundinc1falsefalsefalse00falsefalsefalsefalsefalse4falsefalsetruefalse{dei_LegalEntityAxis} : S000002105 Member {rr_ProspectusShareClassAxis} : C000005477 Member {rr_PerformanceMeasureAxis} : Returns After Taxes On Distributions And Sale Of Fund Shares Member 5/1/2011 - 5/1/2011 Duration_5_1_2011_To_5_1_2011_dei_LegalEntityAxis_cik000216907_S000002105Member_rr_PerformanceMeasureAxis_cik000216907_ReturnsAfterTaxesOnDistributionsAndSaleOfFundSharesMember_rr_ProspectusShareClassAxis_cik000216907_C000005477Memberhttp://www.sec.gov/CIK0000216907duration2011-05-01T00:00:002011-05-01T00:00:00falsefalseT. 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Rowe Price New Era Fund, Inc. | Returns after taxes on distributions and sale of fund shares44true0rr_RiskReturnAbstractrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringNo definition available.falsefalseRisk/Return:45false0rr_AverageAnnualReturnYear01rrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truetruetrue0.13890.1389falsefalsefalsefalsefalseOtherxbrli:pureItemTypepureReturn Before Taxes.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 2 -Subparagraph iii -Clause 1 -Exhibit 2 -Subsection b falsefalse1 Year46false0rr_AverageAnnualReturnYear05rrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truetruetrue0.06990.0699falsefalsefalsefalsefalseOtherxbrli:pureItemTypepureReturn Before Taxes.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 2 -Subparagraph iii -Clause 1 -Exhibit 2 -Subsection b falsefalse5 Years47false0rr_AverageAnnualReturnYear10rrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truetruetrue0.10100.1010falsefalsefalsefalsefalseOtherxbrli:pureItemTypepureReturn Before Taxes.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 2 -Subparagraph iii -Clause 1 -Exhibit 2 -Subsection b falsefalse10 Years48false0natruenanaNo definition available.falsetruefalsefalsefalsefalsefalsefalsefalsefalsehttp://troweprice.com/role/disclosureriskreturndetaildataelementstrowepricenewerafundinc1falsefalsefalse00falsefalsefalsefalsefalse5falsefalsetruefalse{dei_LegalEntityAxis} : S000002105 Member 5/1/2011 - 5/1/2011 Duration_5_1_2011_To_5_1_2011_dei_LegalEntityAxis_cik000216907_S000002105Memberhttp://www.sec.gov/CIK0000216907duration2011-05-01T00:00:002011-05-01T00:00:00falsefalseT. Rowe Price New Era Fund, Inc.dei_LegalEntityAxisxbrldihttp://xbrl.org/2006/xbrldicik000216907_S000002105Memberdei_LegalEntityAxisexplicitMemberUnit1Standardhttp://www.xbrl.org/2003/instancepurexbrli0OthernaNo definition available.No authoritative reference available.falsefalseT. Rowe Price New Era Fund, Inc.49true0rr_RiskReturnAbstractrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringNo definition available.falsefalseRisk/Return:50false0rr_RiskReturnHeadingrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div class="MetaData"> New Era Fund   <a name="_Toc290541690"> </a>SUMMARY</div>falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringRisk/Return Summary Investment Objectives/Goals Include the following information, in plain English under rule 421(d) under the Securities Act, in the order and subject matter indicatedReference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 2 falsefalseRisk/Return [Heading]51false0rr_ObjectiveHeadingrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div class="MetaData"> Investment Objective</div>falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringInvestment Objectives/Goals. Disclose the Fund's investment objectives or goals. A Fund also may identify its type or category (e.g., that it is a Money Market Fund or a balanced fund).Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 2 -Subsection a falsefalseObjective [Heading]52false0rr_ObjectivePrimaryTextBlockrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div> <div class="MetaData"> The fund seeks to provide long-term capital growth primarily through the common stocks of companies that own or develop natural resources and other basic commodities, and also through the stocks of selected nonresource growth companies.</div> </div>falsefalsefalsefalsefalseOtherus-types:textBlockItemTypestringInvestment Objectives/Goals. Disclose the Fund's investment objectives or goals. A Fund also may identify its type or category (e.g., that it is a Money Market Fund or a balanced fund).Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 2 -Subsection a falsefalseObjective, Primary [Text Block]53false0rr_ExpenseHeadingrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div class="MetaData"> Fees and Expenses</div>falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringRisk/Return Summary Fee Table Includes the following information, in plain English under rule 421(d) under the Securities Act, after Item 2 Fees and expenses of the Fund This table describes the fees and expenses that you may pay if you buy and hold shared of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $[_____] in [name of fund family] funds. Shareholder Fees (fees paid directly from your investment) Example This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then you redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return per year and that the Fund's operating expenses remained the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be You would pay the following expenses if you did not redeem your shares The Example does not reflect sales charges (loads) on reinvested dividends [and other distributions]. If these sales charges (loads) were included, your costs would be higher. Portfolio Turnover The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover may indicate higher transaction costs. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was __% of the average value of its whole portfolio. Instructions. A.3.instructions.6 New Funds. For purposes of this Item, a "New Fund" is a Fund that does not include in Form N-1A financial statements reporting operating results or that includes financial statements for the Fund's initial fiscal year reporting operating results for a period of 6 months or less. The following Instructions apply to New Funds.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph d -Subsection instructions falsefalseExpense [Heading]54false0rr_ExpenseNarrativeTextBlockrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div> <div class="MetaData"> This table describes the fees and expenses that you may pay if you buy and hold shares of the fund. </div> </div>falsefalsefalsefalsefalseOtherus-types:textBlockItemTypestringThis table describes the fees and expenses that you may pay if you buy and hold shared of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $[_____] in [name of fund family] funds. Include the narrative explanations in the order indicated. A Fund may modify the narrative explanations if the explanation contains comparable information to that shown.The narrative explanation regarding sales charge discounts is only required by a Fund that offers such discounts and should specify the minimum level of investment required to qualify for a discount. Modify the narrative explanation to state that Fund shares are sold on a national securities exchange at the end of the time periods indicated, and that brokerage commissions for buying and selling Fund shares through a broker are not reflected.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph b -Subsection instructions falsefalseExpense Narrative [Text Block]55false0rr_ShareholderFeesCaptionrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div class="MetaData">    Fees and Expenses of the Fund   <div> Shareholder fees (fees paid directly from your investment) </div></div>falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringShareholder Fees (fees paid directly from your investment).Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subsection table falsefalseShareholder Fees Caption [Text]56false0rr_OperatingExpensesCaptionrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div class="MetaData"> Annual fund operating expenses (expenses that you pay each year as a percentage of the value of your investment) </div>falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringAnnual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investment)Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph 7 -Subsection table falsefalseOperating Expenses Caption [Text]57false0rr_PortfolioTurnoverHeadingrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00Portfolio Turnover falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringDisclose the portfolio turnover rate provided in response to Item 14(a) for the most recent fiscal year (or for such shorter period as the Fund has been in operation). Disclose the period for which the information is provided if less than a full fiscal year. A Fund that is a Money Market Fund may omit the portfolio turnover information required by this Item.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 5 -Subsection instructions falsefalsePortfolio Turnover [Heading]58false0rr_PortfolioTurnoverTextBlockrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div> The fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the fund's performance. During the most recent fiscal year, the fund's portfolio turnover rate was 26.7 % of the average value of its portfolio. </div>falsefalsefalsefalsefalseOtherus-types:textBlockItemTypestringDisclose the portfolio turnover rate provided in response to Item 14(a) for the most recent fiscal year (or for such shorter period as the Fund has been in operation). Disclose the period for which the information is provided if less than a full fiscal year. A Fund that is a Money Market Fund may omit the portfolio turnover information required by this Item.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 3 -Subsection example falsefalsePortfolio Turnover [Text Block]59false0rr_PortfolioTurnoverRaterrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truetruefalse0.26700.2670falsefalsefalsefalsefalseOtherxbrli:pureItemTypepureThis element represents the rate of portfolio turnover presented as a percentage (SEC Form N-1A 2006-09-14 A.3.example.3 Portfolio Turnover A.3.instructions.5 Portfolio Turnover).Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 3 -Subsection example falsefalsePortfolio Turnover, Rate60false0rr_ExpenseExampleHeadingrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00ExamplefalsefalsefalsefalsefalseOtherxbrli:stringItemTypestringHeading for Expense Example.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 4 -Subsection instructions falsefalseExpense Example [Heading]61false0rr_ExpenseExampleNarrativeTextBlockrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div> This example is intended to help you compare the cost of investing in the fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the fund for the time periods indicated and then redeem all of your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the fund's operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be: </div>falsefalsefalsefalsefalseOtherus-types:textBlockItemTypestringThe Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph 1 -Subsection example falsefalseExpense Example Narrative [Text Block]62false0rr_StrategyHeadingrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div class="MetaData"> <div> Investments, Risks, and Performance</div> Principal Investment Strategies</div>falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringPrincipal investment strategies of the Fund. Summarize how the Fund intends to achieve its investment objectives by identifying the Fund's principal investment strategies (including the type or types of securities in which the Fund invests or will invest principally) and any policy to concentrate in securities of issuers in a particular industry or group of industries.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection a falsefalseStrategy [Heading]63false0rr_StrategyNarrativeTextBlockrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div> <div style="padding-left: 0%; width: 100%; padding-right: 0%;" class="MetaData"> <div> The fund will normally invest a minimum of two-thirds of fund assets in the common stocks of natural resource companies whose earnings and tangible assets could benefit from accelerating inflation.We also invest in other growth companies that we believe have strong potential for earnings growth but do not own or develop natural resources. The relative percentages invested in resource and nonresource companies can vary depending on economic and monetary conditions and our outlook for inflation. The natural resource companies held by the fund typically own, develop, refine, service, or transport resources, including energy, metals, forest products, real estate, and other basic commodities. In selecting natural resource stocks, we look for companies whose products can be produced and marketed profitably when both labor costs and prices are rising. In the mining area, for example, we might look for a company with the ability to expand production and maintain superior exploration programs and production facilities.</div> In pursuing its investment objective, the fund has the discretion to deviate from its normal investment criteria, as previously described, and purchase securities that the fund's management believes will provide an opportunity for substantial appreciation. These situations might arise when the fund's management believes a security could increase in value for a variety of reasons, including an extraordinary corporate event, a new product introduction or innovation, a favorable competitive development, or a change in management. At least half of fund assets will be invested in U.S. securities, but up to 50% of total assets may be invested in foreign securities. The fund may sell securities for a variety of reasons, such as to secure gains, limit losses, or redeploy assets into more promising opportunities.</div> </div>falsefalsefalsefalsefalseOtherus-types:textBlockItemTypestringPrincipal investment strategies of the Fund. Summarize how the Fund intends to achieve its investment objectives by identifying the Fund's principal investment strategies (including the type or types of securities in which the Fund invests or will invest principally) and any policy to concentrate in securities of issuers in a particular industry or group of industries.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection a falsefalseStrategy Narrative [Text Block]64false0rr_StrategyPortfolioConcentrationrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00The fund will normally invest a minimum of two-thirds of fund assets in the common stocks of natural resource companies whose earnings and tangible assets could benefit from accelerating inflation.falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringPrincipal investment strategies of the Fund. Summarize how the Fund intends to achieve its investment objectives by identifying the Fund's principal investment strategies (including the type or types of securities in which the Fund invests or will invest principally) and any policy to concentrate in securities of issuers in a particular industry or group of industries.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection a falsefalseStrategy Portfolio Concentration [Text]65false0rr_RiskHeadingrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00Principal RisksfalsefalsefalsefalsefalseOtherxbrli:stringItemTypestringNarrative Risk Disclosure.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 1 -Subsection b falsefalseRisk [Heading]66false0rr_RiskNarrativeTextBlockrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div> <div class="MetaData"> As with any mutual fund, there is no guarantee that the fund will achieve its objective. The fund's share price fluctuates, which means you could lose money by investing in the fund.The principal risks of investing in this fund are summarized as follows: Active management risk   The fund is subject to the risk that the investment adviser's judgments about the attractiveness, value, or potential appreciation of the fund's investments may prove to be incorrect. If the securities selected and strategies employed by the fund fail to produce the intended results, the fund could underperform other funds with similar objectives and investment strategies. Risks of stock investing   Stocks generally fluctuate in value more than bonds and may decline significantly over short time periods. There is a chance that stock prices overall will decline because stock markets tend to move in cycles, with periods of rising prices and falling prices. The value of a stock in which the fund invests may decline due to general weakness in the stock market or because of factors that affect a company or a particular industry. Industry risk   A fund that focuses its investments in specific industries or sectors is more susceptible to developments affecting those industries and sectors than a more broadly diversified fund would be. Because the fund invests a significant portion of its assets in natural resource-related companies, the fund may perform poorly during a downturn in certain industries. Natural resource-related companies can be adversely affected by, among other things, government regulation, global political and economic developments, energy and commodity prices, and the supply and demand for oil and gas. Foreign investing risk   Since the fund can invest a sizable portion of its assets in foreign securities, it will be subject to the risk that some holdings may lose value because of declining foreign currencies, adverse political or economic developments overseas, illiquid trading markets, governmental interference, or regulatory practices that differ from the U.S. These risks are heightened for the fund's investments in emerging markets.</div> </div>falsefalsefalsefalsefalseOtherus-types:textBlockItemTypestringNarrative Risk Disclosure. A Fund may, in responding to this Item, describe the types of investors for whom the Fund is intended or the types of investment goals that may be consistent with an investment in the Fund.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 1 -Subparagraph i -Clause instruction -Subsection b falsefalseRisk Narrative [Text Block]67false0rr_RiskLoseMoneyrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00As with any mutual fund, there is no guarantee that the fund will achieve its objective. The fund's share price fluctuates, which means you could lose money by investing in the fund.falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringSummarize the principal risks of investing in the Fund, including the risks to which the Fund's portfolio as a whole is subject and the circumstances reasonably likely to affect adversely the Fund's net asset value, yield, and total return. Unless the Fund is a Money Market Fund, disclose that loss of money is a risk of investing in the Fund. A Fund may, in responding to this Item, describe the types of investors for whom the Fund is intended or the types of investment goals that may be consistent with an investment in the Fund.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 1 -Subparagraph i -Subsection b falsefalseRisk Lose Money [Text]68false0rr_BarChartAndPerformanceTableHeadingrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00PerformancefalsefalsefalsefalsefalseOtherxbrli:stringItemTypestringRisk/Return Bar Chart and Table.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 2 -Subsection b falsefalseBar Chart and Performance Table [Heading]69false0rr_PerformanceNarrativeTextBlockrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div> <div class="MetaData"> The bar chart showing calendar year returns and the average annual total returns table indicate risk by illustrating how much returns can differ from one year to the next and how fund performance compares with that of a comparable market index.The fund's past performance (before and after taxes) is not necessarily an indication of future performance. The fund can also experience short-term performance swings, as shown by the best and worst calendar quarter returns during the years depicted. In addition, the average annual total returns table shows hypothetical after-tax returns to suggest how taxes paid by a shareholder may influence returns. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements, such as a 401(k) account or individual retirement account .</div> </div>falsefalsefalsefalsefalseOtherus-types:textBlockItemTypestringRisk/Return Bar Chart and Table.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 2 -Subsection b falsefalsePerformance Narrative [Text Block]70false0rr_PerformanceInformationIllustratesVariabilityOfReturnsrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00The bar chart showing calendar year returns and the average annual total returns table indicate risk by illustrating how much returns can differ from one year to the next and how fund performance compares with that of a comparable market index.falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringInclude the bar chart and table required by paragraphs (b)(2)(ii) and (iii) of this section. Provide a brief explanation of how the information illustrates the variability of the Fund's returns (e.g., by stating that the information provides some indication of the risks of investing in the Fund by showing changes in the Fund's performance from year to year and by showing how the Fund's average annual returns for 1, 5, and 10 years compare with those of a broad measure of market performance). Provide a statement to the effect that the Fund's past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 2 -Subparagraph i -Subsection b falsefalsePerformance Information Illustrates Variability of Returns [Text]71false0rr_PerformanceAvailabilityPhonerrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse001 -800-225-5132 falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringIf applicable, include a statement explaining that updated performance information is available and providing a Web site address and/or toll-free (or collect) telephone number where the updated information may be obtained.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 2 -Subparagraph i -Subsection b falsefalsePerformance Availability Phone [Text]72false0rr_PerformanceAvailabilityWebSiteAddressrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00troweprice.comfalsefalsefalsefalsefalseOtherxbrli:stringItemTypestringIf applicable, include a statement explaining that updated performance information is available and providing a Website address and/or toll-free (or collect) telephone number where the updated information may be obtained.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 2 -Subparagraph i -Subsection b falsefalsePerformance Availability Website Address [Text]73false0rr_PerformancePastDoesNotIndicateFuturerrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00The fund's past performance (before and after taxes) is not necessarily an indication of future performance.falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringInclude the bar chart and table required by paragraphs (b)(2)(ii) and (iii) of this section. Provide a brief explanation of how the information illustrates the variability of the Fund's returns (e.g., by stating that the information provides some indication of the risks of investing in the Fund by showing changes in the Fund's performance from year to year and by showing how the Fund's average annual returns for 1, 5, and 10 years compare with those of a broad measure of market performance). Provide a statement to the effect that the Fund's past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 2 -Subparagraph i -Subsection b falsefalsePerformance Past Does Not Indicate Future [Text]74false0rr_BarChartHeadingrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div class="MetaData"> New Era Fund Calendar Year Returns</div>falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringRisk/Return Bar Chart and Table.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 2 -Subsection b falsefalseBar Chart [Heading]75false0rr_BarChartClosingTextBlockrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div> <div class="MetaData"> <table style="width: 184pt; border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="245"> <tr style="height: 15pt;"><td style="border-bottom: black 1pt solid; border-left: black 1pt solid; font-style: normal; padding-left: 1px; width: 74pt; padding-right: 1px; font-family: Calibri, sans-serif; white-space: normal; height: 30.75pt; color: black; font-size: 11pt; vertical-align: top; border-top: black 1pt solid; font-weight: 400; border-right: black 1pt solid; text-decoration: none; padding-top: 1px;" class="xl65" height="41" rowspan="2" width="98"> </td> <td style="border-bottom: medium none; border-left: medium none; font-style: normal; padding-left: 1px; width: 62pt; padding-right: 1px; font-family: Calibri, sans-serif; white-space: normal; color: black; font-size: 11pt; vertical-align: top; border-top: black 1pt solid; font-weight: 400; border-right: black 1pt solid; text-decoration: none; padding-top: 1px;" class="xl65" width="83">Quarter</td> <td style="border-bottom: medium none; border-left: medium none; font-style: normal; padding-left: 1px; width: 48pt; padding-right: 1px; font-family: Calibri, sans-serif; white-space: normal; color: black; font-size: 11pt; vertical-align: top; border-top: black 1pt solid; font-weight: 400; border-right: black 1pt solid; text-decoration: none; padding-top: 1px;" class="xl65" width="64">Total</td></tr> <tr style="height: 15.75pt;"><td style="border-bottom: black 1pt solid; border-left: medium none; font-style: normal; padding-left: 1px; width: 62pt; padding-right: 1px; font-family: Calibri, sans-serif; white-space: normal; height: 15.75pt; color: black; font-size: 11pt; vertical-align: top; border-top: medium none; font-weight: 400; border-right: black 1pt solid; text-decoration: none; padding-top: 1px;" class="xl67" height="21" width="83">Ended    </td> <td style="border-bottom: black 1pt solid; border-left: medium none; font-style: normal; padding-left: 1px; width: 48pt; padding-right: 1px; font-family: Calibri, sans-serif; white-space: normal; color: black; font-size: 11pt; vertical-align: top; border-top: medium none; font-weight: 400; border-right: black 1pt solid; text-decoration: none; padding-top: 1px;" class="xl67" width="64">Return    </td></tr> <tr style="height: 15.75pt;"><td style="border-bottom: black 1pt solid; border-left: black 1pt solid; font-style: normal; padding-left: 1px; width: 74pt; padding-right: 1px; font-family: Calibri, sans-serif; white-space: normal; height: 15.75pt; color: black; font-size: 11pt; vertical-align: top; border-top: medium none; font-weight: 400; border-right: black 1pt solid; text-decoration: none; padding-top: 1px;" class="xl68" height="21" width="98"> Best Quarter</td> <td style="border-bottom: black 1pt solid; border-left: medium none; font-style: normal; padding-left: 1px; width: 62pt; padding-right: 1px; font-family: Calibri, sans-serif; white-space: normal; color: black; font-size: 11pt; vertical-align: top; border-top: medium none; font-weight: 400; border-right: black 1pt solid; text-decoration: none; padding-top: 1px;" class="xl68" width="83">06/30/2009</td> <td style="border-bottom: black 1pt solid; border-left: medium none; font-style: normal; padding-left: 1px; width: 48pt; padding-right: 1px; font-family: Calibri, sans-serif; white-space: normal; color: black; font-size: 11pt; vertical-align: top; border-top: medium none; font-weight: 400; border-right: black 1pt solid; text-decoration: none; padding-top: 1px;" class="xl68" width="64">23.13</td></tr> <tr style="height: 30.75pt;"><td style="border-bottom: black 1pt solid; border-left: black 1pt solid; font-style: normal; padding-left: 1px; width: 74pt; padding-right: 1px; font-family: Calibri, sans-serif; white-space: normal; height: 30.75pt; color: black; font-size: 11pt; vertical-align: top; border-top: medium none; font-weight: 400; border-right: black 1pt solid; text-decoration: none; padding-top: 1px;" class="xl68" height="41" width="98"> Worst Quarter</td> <td style="border-bottom: black 1pt solid; border-left: medium none; font-style: normal; padding-left: 1px; width: 62pt; padding-right: 1px; font-family: Calibri, sans-serif; white-space: normal; color: black; font-size: 11pt; vertical-align: top; border-top: medium none; font-weight: 400; border-right: black 1pt solid; text-decoration: none; padding-top: 1px;" class="xl68" width="83">12/31/2008</td> <td style="border-bottom: black 1pt solid; border-left: medium none; font-style: normal; padding-left: 1px; width: 48pt; padding-right: 1px; font-family: Calibri, sans-serif; white-space: normal; color: black; font-size: 11pt; vertical-align: top; border-top: medium none; font-weight: 400; border-right: black 1pt solid; text-decoration: none; padding-top: 1px;" class="xl68" width="64">-34.50</td></tr></table></div> </div>falsefalsefalsefalsefalseOtherus-types:textBlockItemTypestringIf the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 2 -Subparagraph ii -Subsection b falsefalseBar Chart Closing [Text Block]76false0rr_PerformanceTableHeadingrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div class="MetaData" align="left"> <table style="width: 347pt; border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0"> <tr style="height: 12.75pt;"><td style="padding-bottom: 0pt; padding-left: 0pt; padding-right: 0pt; height: 12.75pt; padding-top: 0pt;" valign="bottom" width="48%" colspan="3" nowrap="nowrap"> Average Annual Total Returns Periods ended December 31, 2010 </td></tr></table></div>falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringThis item represents Average Anuual Total Returns. If a Multiple Class Fund offers a Class in the prospectus that converts into another Class after a stated period, compute average annual total returns in the table by using the returns of the other Class for the period after conversion.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 2 -Subparagraph instructions -Clause 3 -Exhibit c -Subsection b falsefalsePerformance Table Heading77false0rr_PerformanceTableUsesHighestFederalRaterrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringProvide a brief explanation that after-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 2 -Subparagraph iii -Subsection b falsefalsePerformance Table Uses Highest Federal Rate78false0rr_PerformanceTableNotRelevantToTaxDeferredrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00After-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements, such as a 401(k) account or individual retirement account .falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringProvide a brief explanation that the actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 2 -Subparagraph iv -Clause B -Subsection b falsefalsePerformance Table Not Relevant to Tax Deferred79false0rr_PerformanceTableClosingTextBlockrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div> <div class="MetaData"> Updated performance information is available through troweprice.com or may be obtained by calling 1 -800-225-5132 . </div> </div>falsefalsefalsefalsefalseOtherus-types:textBlockItemTypestringIf the Fund has annual returns for at least one calendar year, provide a table showing the Fund's (A) average annual total return; (B) average annual total return (after taxes on distributions); and (C) average annual total return (after taxes on distributions and redemption). A Money Market Fund should show only the returns described in clause (A) of the preceding sentence. All returns should be shown for 1-, 5-, and 10- calendar year periods ending on the date of the most recently completed calendar year (or for the life of the Fund, if shorter), but only for periods subsequent to the effective date of the Fund's registration statement. The table also shouldshow the returns of an appropriate broadbased securities market index as defined in Instruction 5 to Item 22(b)(7) for the same periods. A Fund that has been in existence for more than 10 years also may include returns for the life of the Fund. A Money Market Fund may provide the Fund's 7-day yield ending on the date of the most recent calendar year or disclose a toll-free (or collect) telephone number that investors can use to obtain the Fund's current 7-day yield. For a Fund (other than a Money Market Fund or a Fund described in General Instruction C.3.(d)(iii)), provide the information in the following table with the specified captions AVERAGE ANNUAL TOTAL RETURNS (For the periods ended December 31, _____)Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 2 -Subparagraph iii -Subsection b falsefalsePerformance Table Closing [Text Block]80false0natruenanaNo definition available.falsetruefalsefalsefalsefalsefalsefalsefalsefalsehttp://troweprice.com/role/disclosureriskreturndetaildataelementstrowepricenewerafundinc1falsefalsefalse00falsefalsefalsefalsefalse6falsefalsetruefalse{dei_LegalEntityAxis} : S000002105 Member {rr_PerformanceMeasureAxis} : S P500 Index Member 5/1/2011 - 5/1/2011 Duration_5_1_2011_To_5_1_2011_dei_LegalEntityAxis_cik000216907_S000002105Member_rr_PerformanceMeasureAxis_cik000216907_SP500IndexMemberhttp://www.sec.gov/CIK0000216907duration2011-05-01T00:00:002011-05-01T00:00:00falsefalseT. Rowe Price New Era Fund, Inc.dei_LegalEntityAxisxbrldihttp://xbrl.org/2006/xbrldicik000216907_S000002105Memberdei_LegalEntityAxisexplicitMemberfalsefalseS&P 500 Indexrr_PerformanceMeasureAxisxbrldihttp://xbrl.org/2006/xbrldicik000216907_SP500IndexMemberrr_PerformanceMeasureAxisexplicitMemberUnit1Standardhttp://www.xbrl.org/2003/instancepurexbrli0OthernaNo definition available.No authoritative reference available.falsefalseT. Rowe Price New Era Fund, Inc. | S&P 500 Index81true0rr_RiskReturnAbstractrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringNo definition available.falsefalseRisk/Return:82false0rr_AverageAnnualReturnYear01rrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truetruetrue0.15060.1506falsefalsefalsefalsefalseOtherxbrli:pureItemTypepureReturn Before Taxes.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 2 -Subparagraph iii -Clause 1 -Exhibit 2 -Subsection b falsefalse1 Year83false0rr_AverageAnnualReturnYear05rrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truetruetrue0.02290.0229falsefalsefalsefalsefalseOtherxbrli:pureItemTypepureReturn Before Taxes.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 2 -Subparagraph iii -Clause 1 -Exhibit 2 -Subsection b falsefalse5 Years84false0rr_AverageAnnualReturnYear10rrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truetruetrue0.01410.0141falsefalsefalsefalsefalseOtherxbrli:pureItemTypepureReturn Before Taxes.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 2 -Subparagraph iii -Clause 1 -Exhibit 2 -Subsection b falsefalse10 Years85false0natruenanaNo definition available.falsetruefalsefalsefalsefalsefalsefalsefalsefalsehttp://troweprice.com/role/disclosureriskreturndetaildataelementstrowepricenewerafundinc1falsefalsefalse00falsefalsefalsefalsefalse7falsefalsetruefalse{dei_LegalEntityAxis} : S000002105 Member {rr_PerformanceMeasureAxis} : Lipper Global Natural Resources Funds Index Member 5/1/2011 - 5/1/2011 Duration_5_1_2011_To_5_1_2011_dei_LegalEntityAxis_cik000216907_S000002105Member_rr_PerformanceMeasureAxis_cik000216907_LipperGlobalNaturalResourcesFundsIndexMemberhttp://www.sec.gov/CIK0000216907duration2011-05-01T00:00:002011-05-01T00:00:00falsefalseT. Rowe Price New Era Fund, Inc.dei_LegalEntityAxisxbrldihttp://xbrl.org/2006/xbrldicik000216907_S000002105Memberdei_LegalEntityAxisexplicitMemberfalsefalseLipper Global Natural Resources Funds Indexrr_PerformanceMeasureAxisxbrldihttp://xbrl.org/2006/xbrldicik000216907_LipperGlobalNaturalResourcesFundsIndexMemberrr_PerformanceMeasureAxisexplicitMemberUnit1Standardhttp://www.xbrl.org/2003/instancepurexbrli0OthernaNo definition available.No authoritative reference available.falsefalseT. Rowe Price New Era Fund, Inc. | Lipper Global Natural Resources Funds Index86true0rr_RiskReturnAbstractrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringNo definition available.falsefalseRisk/Return:87false0rr_AverageAnnualReturnYear01rrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truetruetrue0.17660.1766falsefalsefalsefalsefalseOtherxbrli:pureItemTypepureReturn Before Taxes.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 2 -Subparagraph iii -Clause 1 -Exhibit 2 -Subsection b falsefalse1 Year88false0rr_AverageAnnualReturnYear05rrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truetruetrue0.07450.0745falsefalsefalsefalsefalseOtherxbrli:pureItemTypepureReturn Before Taxes.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 2 -Subparagraph iii -Clause 1 -Exhibit 2 -Subsection b falsefalse5 Years89false0rr_AverageAnnualReturnYear10rrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truetruetrue0.13180.1318falsefalsefalsefalsefalseOtherxbrli:pureItemTypepureReturn Before Taxes.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 2 -Subparagraph iii -Clause 1 -Exhibit 2 -Subsection b falsefalse10 Years1 Nonretirement accounts with less than a $2,000 balance (with certain exceptions) may be subject to an annual $10 fee.188Risk/Return Detail Data - (T. 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