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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS (Details 2)
12 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2012
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS      
Cash payment for each ounce of gold (in dollars per ounce) 435    
Canada
     
Geographic distribution of royalty revenue and long-lived assets (royalty and stream interests, net)      
Revenue (as a percent) 34.00% 24.00% 24.00%
Royalty and stream interests, net (as a percent) 53.00% 52.00% 43.00%
Chile
     
Geographic distribution of royalty revenue and long-lived assets (royalty and stream interests, net)      
Revenue (as a percent) 21.00% 29.00% 25.00%
Royalty and stream interests, net (as a percent) 31.00% 30.00% 35.00%
Mexico
     
Geographic distribution of royalty revenue and long-lived assets (royalty and stream interests, net)      
Revenue (as a percent) 18.00% 19.00% 20.00%
Royalty and stream interests, net (as a percent) 7.00% 7.00% 9.00%
United States
     
Geographic distribution of royalty revenue and long-lived assets (royalty and stream interests, net)      
Revenue (as a percent) 15.00% 17.00% 18.00%
Royalty and stream interests, net (as a percent) 3.00% 4.00% 5.00%
Australia
     
Geographic distribution of royalty revenue and long-lived assets (royalty and stream interests, net)      
Revenue (as a percent) 4.00% 4.00% 5.00%
Royalty and stream interests, net (as a percent) 3.00% 3.00% 3.00%
Africa
     
Geographic distribution of royalty revenue and long-lived assets (royalty and stream interests, net)      
Revenue (as a percent) 3.00% 3.00% 4.00%
Royalty and stream interests, net (as a percent) 1.00% 1.00% 1.00%
Other
     
Geographic distribution of royalty revenue and long-lived assets (royalty and stream interests, net)      
Revenue (as a percent) 5.00% 4.00% 4.00%
Royalty and stream interests, net (as a percent) 2.00% 3.00% 4.00%