Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024
Cash flows from operating activities:
Net income and comprehensive income	$ 377,857	$ 224,958
Adjustments to reconcile net income and comprehensive income to net cash provided by operating activities:
Depreciation, depletion and amortization	97,051	110,689
Non-cash employee stock compensation expense	8,853	9,313
Fair value changes in equity securities	35	42
Deferred tax (benefit) expense	(8,085)	4,908
Other	(4,163)	717
Changes in assets and liabilities:
Royalty receivables	(6,240)	(1,234)
Stream inventory	(8,036)	(1,832)
Income tax receivable	(19,666)	(7,513)
Prepaid expenses and other assets	(1,219)	11,240
Accounts payable	3,719	1,804
Income tax payable	17,919	14,830
Mount Milligan deferred liability	0	25,000
Other liabilities	5,116	(4,472)
Net cash provided by operating activities	463,141	388,450
Cash flows from investing activities:
Acquisition of stream and royalty interests	(1,164,483)	(55,683)
Proceeds from Khoemacau debt facility	0	25,000
Proceeds from the sale of inventory - restricted	7,681	0
Other	(161)	(91)
Net cash used in investing activities	(1,156,963)	(30,774)
Cash flows from financing activities:
Borrowings from revolving credit facility	825,000	0
Repayment of debt	(50,000)	(250,000)
Net payments from issuance of common stock	(4,856)	(4,564)
Common stock dividends	(88,885)	(78,917)
Distributions to non-controlling interests	(7,336)	(476)
Other	(2,750)	(4)
Net cash provided by (used in) financing activities	671,173	(333,961)
Net (decrease) increase in cash and equivalents	(22,649)	23,715
Cash and equivalents at beginning of period	195,498	104,167
Cash and equivalents at end of period	$ 172,849	$ 127,882