XML 71 R41.htm IDEA: XBRL DOCUMENT v2.4.0.8
ACQUISITIONS (Details)
12 Months Ended 0 Months Ended 12 Months Ended 0 Months Ended 12 Months Ended 0 Months Ended 12 Months Ended 0 Months Ended 0 Months Ended 0 Months Ended 1 Months Ended 12 Months Ended
Jun. 30, 2014
USD ($)
Jun. 30, 2013
USD ($)
Jun. 30, 2012
USD ($)
Jan. 02, 2014
DMFC
CVP
USD ($)
Jun. 30, 2013
Seabridge
Jun. 16, 2011
Seabridge
Initial Shares
USD ($)
Jun. 16, 2011
Seabridge
Initial Shares
CAD
Oct. 28, 2011
Seabridge
Initial Royalty
CAD
item
Jun. 16, 2011
Seabridge
Initial Royalty
Dec. 13, 2012
Seabridge
Additional Shares
USD ($)
Dec. 13, 2012
Seabridge
Additional Shares
CAD
Jun. 30, 2013
Seabridge
Additional Shares
USD ($)
Jun. 16, 2011
Seabridge
Additional Shares
CAD
Dec. 13, 2012
Seabridge
NSR Royalty Option 1
CAD
Dec. 13, 2012
Seabridge
NSR Royalty Option 2
CAD
Dec. 13, 2012
Seabridge
Increased Royalty
CAD
item
Jun. 16, 2011
Seabridge
Increased Royalty
Jun. 30, 2014
Phoenix Gold Project
USD ($)
Mar. 20, 2014
Phoenix Gold Project
RGLD Gold
USD ($)
Feb. 11, 2014
Phoenix Gold Project
RGLD Gold
USD ($)
item
oz
Jun. 30, 2014
Phoenix Gold Project
RGLD Gold
USD ($)
Jan. 07, 2014
Goldrush
USD ($)
item
mi
Aug. 31, 2013
El Morro
Goldcorp Inc.
Aug. 31, 2013
El Morro
Chilean subsidiary
USD ($)
Aug. 31, 2013
El Morro
New Gold Inc.
Jan. 02, 2014
Cortez
CVP
Jan. 02, 2014
Cortez, excluding the Crossroad Claims
DMFC
CVP
Dec. 31, 2013
Cortez, excluding the Crossroad Claims
DMFC
CVP
Jan. 02, 2014
Crossroad Claims at Cortez
DMFC
CVP
Dec. 31, 2013
Crossroad Claims at Cortez
DMFC
CVP
Dec. 19, 2011
Milligan II Acquisition
USD ($)
Dec. 14, 2011
Milligan II Acquisition
USD ($)
item
Dec. 14, 2012
Milligan II Acquisition
Dec. 14, 2011
Milligan II Acquisition
Thompson Creek
item
Aug. 08, 2012
Milligan III Acquisition
USD ($)
Aug. 08, 2012
Mt. Milligan
USD ($)
Jul. 31, 2012
Mt. Milligan
USD ($)
Sep. 30, 2013
Mt. Milligan
USD ($)
Jun. 30, 2014
Mt. Milligan
USD ($)
Acquisition of Royalty Interest in Mineral Properties                                                                              
Total purchase amount                                       $ 75,000,000   $ 8,000,000   $ 35,000,000                              
Total purchase amount 11,522,000     11,500,000                                                       270,000,000     200,000,000 781,500,000 581,500,000    
Number of installments the purchase price of refined gold is payable                                       5   7                                  
Installments paid in conjunction with executive definitive documents                                     20,000,000 10,000,000                                      
Installment payable in conjunction with executive definitive documents                                         15,000,000                                    
Percentage of produced gold to be purchased until 135,000 ounces have been delivered                                       6.30%                                      
Maximum quantity of gold with specified purchase price (in ounces)                                       135,000                                      
Percentage of produced payable gold to be purchased after 135,000 ounces have been delivered                                       3.15%                                      
Purchase price per ounce of gold as percentage of spot price at the time of delivery                                       25.00%                                      
Maximum amount of senior debt prior to purchase price per ounce of gold of is reduced                                       50,000,000                                      
Factor to determine purchase price per ounce of gold at the time of delivery if senior secured debt exceeds stated level                                       5.40%                                      
Denominator to determine purchase price per ounce of gold at the time of delivery if senior secured debt exceeds stated level                                       50,000,000                                      
Payment of aggregate pre-production commitment                                         30,000,000                                 12,900,000 781,500,000
Royalty interests in Mineral Property, net (as a percent)                                           1.00% 70.00% 2.00% 30.00%                            
Cash paid for acquisition of royalty interests 80,019,000 314,262,000 276,683,000                                     1,000,000                 112,000,000       75,000,000        
Remaining consideration payable                                   45,000,000       7,000,000                                 0
Distance of mining property from Cortez mine                                           4                                  
Percentage of royalty interests acquired                                               70.00%           0.00%                  
Percentage of royalty interests acquired                                                   1.25% 1.014% 0.39% 0.618%                    
Number of subsidiaries entering into the agreement                                                               1   1          
Percentage of payable ounces of gold purchased                                                                 15.00%   12.25% 52.25%      
Cash payment for each payable ounce of gold (in dollars per ounce) 435                                                                     435      
Payment made for common shares acquired           30,700,000 30,000,000     18,300,000 18,000,000                                                        
Payment made for common shares acquired (in dollars per share)           $ 30.14 29.4                                                                
Percentage of royalty that can be acquired                 1.25%         1.25% 2.00%   2.00%                                            
Agreement for acquisition of common shares                         18,000,000                                                    
Common shares acquired in a private placement           1,019,000 1,019,000     1,004,491 1,004,491                                                        
Premium on share price as a percentage of the volume weighted average trading price of common shares           15.00% 15.00%     15.00% 15.00%                                                        
Trading period used to calculate premium on share price           5 days 5 days     5 days 5 days                                                        
Holding period of shares as a condition to acquire additional shares               270 days   270 days 270 days                                                        
Purchase price of royalty               100,000,000           100,000,000 160,000,000 60,000,000                                              
Number of installments in which the purchase price of royalty is payable               3               3                                              
Installment period in which the purchase price of royalty is payable               540 days               540 days                                              
Proceeds from sale of shares in private transaction                   14,600,000 14,400,000                                                        
Exercisable period to acquire the Initial Royalty and the Increased Royalty         60 days                                                                    
Realized loss on trading securities                       $ 1,300,000