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Royalties, Streaming and Other Mineral Interests (Tables)
12 Months Ended
Dec. 31, 2024
Disclosure of Royalties, streaming and other mineral interests [Abstract]  
Schedule of Royalties, Streaming and Other Mineral Interests

 

 

Streams on Production Stage Assets
($)

 

Royalties on Production Stage Assets
($)

 

Royalties on Development Stage Assets
($)

 

Royalties on Exploration and Resource Stage Assets
($)

 

Other mineral interests
($)

 

Total
($)

Balance at December 31, 2022

 

—

 

310,656

 

122,422

 

215,326

 

19,100

 

667,504

Additions

 

—

 

7,369

 

21,250

 

1,152

 

—

 

29,771

Disposal

 

—

 

—

 

—

 

—

 

(322)

 

(322)

Depletion

 

—

 

(943)

 

—

 

—

 

—

 

(943)

Land agreement proceeds

 

—

 

—

 

—

 

—

 

(1,909)

 

(1,909)

Impairments

 

—

 

(8,752)

 

—

 

(13,627)

 

—

 

(22,379)

Balance at December 31, 2023

 

—

 

308,330

 

143,672

 

202,851

 

16,869

 

671,722

Additions

 

50,884

 

—

 

—

 

—

 

153

 

51,037

Disposal

 

—

 

—

 

—

 

—

 

(112)

 

(112)

Depletion

 

(314)

 

(2,890)

 

—

 

—

 

—

 

(3,204)

Land agreement proceeds

 

—

 

—

 

—

 

—

 

(1,663)

 

(1,663)

Transfers

 

—

 

16,132

 

(16,132)

 

—

 

—

 

—

Balance at December 31, 2024

 

50,570

 

321,572

 

127,540

 

202,851

 

15,247

 

717,780

 

Summary of Select Royalties and a Stream Owned by the Company

The following is a summary of select royalties and a stream owned by the Company as of December 31, 2024:

Asset

 

Interest

 

Jurisdiction

Streams on Production Stage Assets:

 

 

 

 

Vareš Mine

 

100% Copper Stream

 

Bosnia and Herzegovina

 

 

 

 

Royalties on Production Stage Assets:

 

 

 

 

Borden Mine (1)

 

0.5% NSR

 

Ontario, Canada

Canadian Malartic Property (open pit) (1)

 

2.0% – 3.0% NSR

 

Québec, Canada

Cozamin Mine (1)

 

1.0% NSR

 

Zacatecas, Mexico

Côté Gold Mine (1)

 

0.75% NSR

 

Ontario, Canada

Granite Creek

 

10% Net Profit Interest ("NPI")

 

Nevada, USA

 

 

 

 

Royalties on Development Stage Assets:

 

 

 

 

Canadian Malartic - Odyssey Project (1) (underground)

 

3.0% NSR

 

Québec, Canada

Borborema Project

 

2.0% NSR

 

Rio Grande do Norte, Brazil

REN - Carlin Mines

 

1.5% NSR

 

Nevada, USA

REN - Carlin Mines (NPI)

 

3.5% NPI

 

Nevada, USA

 

 

 

 

Royalties on Exploration and Resource Stage Assets:

 

 

 

 

Fenelon Gold Project

 

2.0% NSR

 

Québec, Canada

South Railroad Project (1)

 

0.44% NSR

 

Nevada, USA

Tonopah West

 

3.0% NSR

 

Nevada, USA

County Line

 

3.0% NSR

 

Nevada, USA

Note:

(1)
Royalty applies to only a portion of the property.