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MAJOR SOURCES OF REVENUE (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2010
MAJOR SOURCES OF REVENUE      
Minimum percentage required for qualifying as major operator 10.00%    
Teck | Royalty revenue | Concentration of risk by operator
     
Major sources of revenue      
Royalty revenue $ 64,075 $ 43,604  
Percentage of total royalty revenue 24.40% 20.10%  
Vale Newfoundland & Labrador Limited | Royalty revenue | Concentration of risk by operator
     
Major sources of revenue      
Royalty revenue 36,030 32,677  
Percentage of total royalty revenue 13.70% 15.10%  
Goldcorp, Inc. | Royalty revenue | Concentration of risk by operator
     
Major sources of revenue      
Royalty revenue 31,407 23,094  
Percentage of total royalty revenue 11.90% 10.70%  
Barrick Gold | Royalty revenue | Concentration of risk by operator
     
Major sources of revenue      
Royalty revenue $ 21,891 $ 26,843 $ 30,624
Percentage of total royalty revenue 8.30% 12.40% 22.40%