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ROYALTY ACQUISITIONS (Details) (USD $)
12 Months Ended 1 Months Ended 1 Months Ended 1 Months Ended 1 Months Ended 1 Months Ended 1 Months Ended 3 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2009
Oct. 20, 2010
Mt. Milligan
Oct. 31, 2010
Mt. Milligan
RGLD Gold AG
Oct. 20, 2010
Mt. Milligan
RGLD Gold AG
Jul. 31, 2010
Pascua-Lama
Oct. 28, 2010
Pascua-Lama
Jul. 02, 2010
Pascua-Lama
Oct. 31, 2010
Pascua-Lama
Gold NSR
Jul. 31, 2010
Pascua-Lama
Gold NSR
Oct. 28, 2010
Pascua-Lama
Gold NSR
Jul. 02, 2010
Pascua-Lama
Gold NSR
Jul. 02, 2010
Pascua-Lama
Copper NSR
Jan. 31, 2010
Andacollo
Jan. 25, 2010
Andacollo
Oct. 31, 2008
Barrick Gold
Oct. 02, 2008
Barrick Gold
Oct. 31, 2008
Cortez
Dec. 31, 2008
Cortez
Oct. 02, 2008
Cortez
Acquisition of Royalty Interest in Mineral Properties                                          
Percentage of payable gold acquired (as a percent)           25.00%                              
Cash paid for acquisition of royalty interests $ 280,009,000 $ 232,996,000 $ 186,110,000   $ 226,500,000   $ 53,000,000     $ 28,000,000 $ 25,000,000       $ 217,900,000   $ 150,000,000   $ 181,300,000    
Maximum future additional payments upon satisfaction of certain conditions in the Purchase and Sale Agreement           85,000,000                              
Cash payment for each payable ounce of gold upto 550,000 ounces (in dollars per ounce)           400                              
Maximum quantity of gold with maximum cash payment of $400 per ounce (in ounces)           550,000                              
Cash payment for each payable ounce of gold after 550,000 ounces (in dollars per ounce)           450                              
Transaction costs       1,100,000         1,100,000             1,700,000         3,100,000
Total purchase price of royalty interests           226,500,000             53,000,000     273,000,000   181,300,000      
Number of assignment of rights agreements                 2                        
Number of private Chilean citizens with assignment of rights agreements                 2                        
Aggregate additional NSR sliding-scale royalty acquired with two payments (as a percent)                 0.75%                        
Aggregate percentage of maximum sliding-scale royalty interests after acquisition of additional interests (as a percent)                       5.23%   1.05%              
Percentage of royalty interests acquired (as a percent)                       0.40% 0.35% 0.20%              
Price of gold above which sliding-scale royalties reach 5.23% (in dollars per ounce)               800                          
Number of common shares issued for acquisition of royalty interests (in shares)                             1,204,136            
Value of common shares issued as purchase price                               53,400,000          
Value of restructuring of GSR2, GSR3 and NVR1 royalties                                 31,500,000        
Gain on royalty restructuring     $ 33,714,000                                 $ 31,500,000