REVENUE (Tables)

9 Months Ended

Sep. 30, 2025

Revenue from Contract with Customer [Abstract]

Summary of disaggregated revenue

Revenue by metal type attributable to each of our revenue sources is disaggregated as follows (amounts in thousands):

	Three Months Ended				Nine Months Ended
	September 30, 2025		September 30, 2024		September 30, 2025		September 30, 2024
Stream revenue:
Gold	$	131,950	$	100,126	$	330,965	$	270,000
Silver	22,533		20,026		60,279		51,653
Copper	11,598		12,900		30,510		36,878
Total stream revenue	$	166,081	$	133,052	$	421,754	$	358,531
Royalty revenue:
Gold	$	64,655	$	46,837	$	175,681	$	117,504
Silver	7,767		3,674		17,684		12,981
Copper	4,794		4,808		17,459		12,077
Other	8,771		5,466		22,570		15,742
Total royalty revenue	$	85,987	$	60,785	$	233,394	$	158,304
Total revenue	$	252,068	$	193,837	$	655,148	$	516,835

Revenue attributable to our principal stream and royalty interests is disaggregated as follows (amounts in thousands):

		Three Months Ended				Nine Months Ended
	Metal(s)	September 30, 2025		September 30, 2024		September 30, 2025		September 30, 2024
Stream revenue:
Mount Milligan	Gold & Copper	$	61,057	$	56,570	$	167,520	$	143,704
Pueblo Viejo	Gold & Silver	28,141		26,585		82,509		64,147
Andacollo	Gold	23,022		9,652		45,255		31,949
Other(1)	Gold & Silver	53,861		40,245		126,470		118,731
Total stream revenue		$	166,081	$	133,052	$	421,754	$	358,531
Royalty revenue:
Cortez Legacy Zone	Gold	$	6,782	$	13,047	$	26,432	$	41,610
Cortez CC Zone	Gold	10,412		2,739		22,054		7,713
Other(1)	Various	68,793		44,999		184,908		108,981
Total royalty revenue		$	85,987	$	60,785	$	233,394	$	158,304
Total revenue		$	252,068	$	193,837	$	655,148	$	516,835

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(1)In our 2024 10-K, Khoemacau and Peñasquito were reclassified from principal to non-principal stream and royalty properties, respectively, and are shown within "Other" in the table above.