ROYALTY INTERESTS IN MINERAL PROPERTIES

12 Months Ended

Jun. 30, 2011

ROYALTY INTERESTS IN MINERAL PROPERTIES

ROYALTY INTERESTS IN MINERAL PROPERTIES

6. ROYALTY INTERESTS IN MINERAL PROPERTIES

        The following summarizes the Company's principal royalty interests in mineral properties as of June 30, 2011 and 2010.

As of June 30, 2011 (Amounts in thousands):		Cost		Accumulated Depletion			Net
Production stage royalty interests:
	Andacollo	$	272,998	$	(13,076	)	$	259,922
	Voisey's Bay		150,138		(15,526	)		134,612
	Peñasquito		99,172		(5,457	)		93,715
	Las Cruces		57,230		(2,615	)		54,615
	Mulatos		48,092		(14,199	)		33,893
	Dolores		44,878		(4,005	)		40,873
	Wolverine		45,158		(257	)		44,901
	Canadian Malartic		38,800		(367	)		38,433
	Holt		25,428		(620	)		24,808
	Inata		24,871		(5,158	)		19,713
	Gwalia Deeps		22,854		(1,715	)		21,139
	Leeville		18,322		(12,920	)		5,402
	Robinson		17,825		(8,827	)		8,998
	Cortez		10,630		(9,619	)		1,011
	Other		178,143		(97,386	)		80,757
			1,054,539		(191,747	)		862,792
Development stage royalty interests:
	Pascua-Lama		372,105		—			372,105
	Mt. Milligan		227,596		—			227,596
	Other		26,250		—			26,250
			625,951		—			625,951
Exploration stage royalty interests			201,696		—			201,696
Total royalty interests in mineral properties		$	1,882,186	$	(191,747	)	$	1,690,439

As of June 30, 2010 (Amounts in thousands):		Cost		Accumulated Depletion			Net
Production stage royalty interests:
	Andacollo	$	272,998	$	(1,143	)	$	271,855
	Voisey's Bay		150,138		(2,052	)		148,086
	Peñasquito		99,172		(2,162	)		97,010
	Las Cruces		57,230		(490	)		56,740
	Mulatos		48,092		(10,177	)		37,915
	Dolores		44,878		(2,278	)		42,600
	Taparko		33,570		(29,242	)		4,328
	Leeville		18,322		(10,764	)		7,558
	Robinson		17,825		(7,678	)		10,147
	Gwalia Deeps		15,970		(416	)		15,554
	Cortez		10,630		(9,499	)		1,131
	Other		149,085		(49,285	)		99,800
			917,910		(125,186	)		792,724
Development stage royalty interests:
	Pascua-Lama		318,001		—			318,001
	Canadian Malartic		35,500		—			35,500
	Wolverine		45,158		—			45,158
	Other		50,733		—			50,733
			449,392		—			449,392
Exploration stage royalty interests			234,683		—			234,683
Total royalty interests in mineral properties		$	1,601,985	$	(125,186	)	$	1,476,799

Note:

The cost amount shown for the royalties acquired as part of the IRC Transaction were finalized during the fiscal year ended June 30, 2011, and were updated in the above table as a result. This includes Voisey's Bay, the additional interest at Pascua-Lama, Wolverine and certain royalties included within the Other category.