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ROYALTY AND STREAM INTERESTS (Tables)
12 Months Ended
Jun. 30, 2015
ROYALTY AND STREAM INTERESTS  
Schedule of royalty and stream interests

                                                                                                                                                                                    

As of June 30, 2015 (Amounts in thousands):

 

Cost

 

Accumulated
Depletion

 

Impairments

 

Net

 

Production stage royalty interests:

 

 

 

 

 

 

 

 

 

 

 

 

 

Andacollo

 

$

272,998

 

$

(65,467

)

$

 

$

207,531

 

Voisey's Bay

 

 

150,138

 

 

(76,141

)

 

 

 

73,997

 

Peñasquito

 

 

99,172

 

 

(24,555

)

 

 

 

74,617

 

Mulatos

 

 

48,092

 

 

(32,313

)

 

 

 

15,779

 

Holt

 

 

34,612

 

 

(13,950

)

 

 

 

20,662

 

Robinson

 

 

17,825

 

 

(12,748

)

 

 

 

5,077

 

Cortez

 

 

10,630

 

 

(9,933

)

 

 

 

697

 

Other

 

 

495,763

 

 

(265,727

)

 

(27,586

)

 

202,450

 

​  

​  

​  

​  

​  

​  

​  

​  

Total production stage royalty interests          

 

 

1,129,230

 

 

(500,834

)

 

(27,586

)

 

600,810

 

Production stage stream interests:

 

 


 

 

 


 

 

 


 

 

 


 

 

Mount Milligan

 

 

783,046

 

 

(35,195

)

 

 

 

747,851

 

​  

​  

​  

​  

​  

​  

​  

​  

Production stage royalty and stream interests

 

 

1,912,276

 

 

(536,029

)

 

(27,586

)

 

1,348,661

 

Development stage royalty interests:

 

 


 

 

 


 

 

 


 

 

 


 

 

Pascua-Lama

 

 

372,105

 

 

 

 

 

 

372,105

 

Other

 

 

67,017

 

 

 

 

 

 

67,017

 

​  

​  

​  

​  

​  

​  

​  

​  

Total development stage royalty interests

 

 

439,122

 

 

 

 

 

 

439,122

 

Development stage stream interests:

 

 


 

 

 


 

 

 


 

 

 


 

 

Phoenix Gold

 

 

75,843

 

 

 

 

 

 

75,843

 

Other

 

 

8,183

 

 

 

 

(603

)

 

7,580

 

​  

​  

​  

​  

​  

​  

​  

​  

Total development stage stream interests

 

 

84,026

 

 

 

 

(603

)

 

83,423

 

​  

​  

​  

​  

​  

​  

​  

​  

Development stage royalty and stream interests

 

 

523,148

 

 

 

 

(603

)

 

522,545

 

Exploration stage royalty interests

 

 

212,552

 

 


 

 

(150


)

 

212,402

 

​  

​  

​  

​  

​  

​  

​  

​  

Total royalty and stream interests

 

$

2,647,976

 

$

(536,029

)

$

(28,339

)

$

2,083,608

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

                                                                                                                                                                                    

As of June 30, 2014 (Amounts in thousands):

 

Cost

 

Accumulated
Depletion

 

Net

 

Production stage royalty interests:

 

 

 

 

 

 

 

 

 

 

Andacollo

 

$

272,998

 

$

(56,147

)

$

216,851

 

Voisey's Bay

 

 

150,138

 

 

(67,377

)

 

82,761

 

Peñasquito

 

 

99,172

 

 

(17,801

)

 

81,371

 

Mulatos

 

 

48,092

 

 

(28,548

)

 

19,544

 

Holt

 

 

34,612

 

 

(10,474

)

 

24,138

 

Robinson

 

 

17,825

 

 

(11,887

)

 

5,938

 

Cortez

 

 

10,630

 

 

(9,772

)

 

858

 

Other

 

 

488,309

 

 

(232,913

)

 

255,396

 

​  

​  

​  

​  

​  

​  

Total production stage royalty interests

 

 

1,121,776

 

 

(434,919

)

 

686,857

 

Production stage stream interests:

 

 


 

 

 


 

 

 


 

 

Mount Milligan

 

 

783,046

 

 

(7,741

)

 

775,305

 

​  

​  

​  

​  

​  

​  

Production stage royalty and stream interests

 

 

1,904,822

 

 

(442,660

)

 

1,462,162

 

Development stage royalty interests:

 

 


 

 

 


 

 

 


 

 

Pascua-Lama

 

 

372,105

 

 

 

 

372,105

 

Other

 

 

69,488

 

 

 

 

69,488

 

​  

​  

​  

​  

​  

​  

Total development stage royalty interests

 

 

441,593

 

 

 

 

441,593

 

Development stage stream interests:

 

 


 

 

 


 

 

 


 

 

Phoenix Gold

 

 

30,620

 

 

 

 

30,620

 

Other

 

 

10,483

 

 

 

 

10,483

 

​  

​  

​  

​  

​  

​  

Total development stage stream interests

 

 

41,103

 

 

 

 

41,103

 

​  

​  

​  

​  

​  

​  

Development stage royalty and stream interests

 

 

482,696

 

 

 

 

482,696

 

Exploration stage royalty interests

 

 

164,209

 

 


 

 

164,209

 

​  

​  

​  

​  

​  

​  

Total royalty and stream interests

 

$

2,551,727

 

$

(442,660

)

$

2,109,067

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

Schedule of impairment charges

                                                                                                                                                                                    

 

 

Fiscal Years Ended
June 30,

 

 

 

2015

 

2014

 

2013

 

 

 

(Amounts in thousands)

 

Wolverine(1)

 

$

25,967 

 

$

 

$

 

Other

 

 

2,372 

 

 

 

 

 

​  

​  

​  

​  

​  

​  

Total impairment of royalty and stream interests

 

$

28,339 

 

$

 

$

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  


 

 

(1)          

Included in Other production stage royalty interests in the above royalty and stream interests table.