XML 45 R26.htm IDEA: XBRL DOCUMENT v3.5.0.2
STREAM AND ROYALTY INTERESTS, NET (Tables)
12 Months Ended
Jun. 30, 2016
STREAM AND ROYALTY INTERESTS, NET  
Schedule of stream and royalty interests

                                                                                                                                                                                    

As of June 30, 2016 (Amounts in thousands):

 

Cost

 

Accumulated
Depletion

 

Impairments

 

Net

 

Production stage stream interests:

 

 

 

 

 

 

 

 

 

 

 

 

 

Mount Milligan

 

$

783,046

 

$

(74,060

)

$

 

$

708,986

 

Pueblo Viejo

 

 

610,404

 

 

(21,902

)

 

 

 

588,502

 

Andacollo

 

 

388,182

 

 

(18,286

)

 

 

 

369,896

 

Wassa and Prestea

 

 

96,413

 

 

(7,816

)

 

 

 

88,597

 

​  

​  

​  

​  

​  

​  

​  

​  

Total production stage stream interests          

 

 

1,878,045

 

 

(122,064

)

 

 

 

1,755,981

 

Production stage royalty interests:

 

 


 

 

 


 

 

 


 

 

 


 

 

Voisey's Bay

 

 

205,724

 

 

(85,671

)

 

 

 

120,053

 

Peñasquito

 

 

99,172

 

 

(29,898

)

 

 

 

69,274

 

Holt

 

 

34,612

 

 

(17,124

)

 

 

 

17,488

 

Cortez

 

 

10,630

 

 

(10,000

)

 

 

 

630

 

Other

 

 

531,735

 

 

(342,460

)

 

(18,605

)

 

170,670

 

​  

​  

​  

​  

​  

​  

​  

​  

Total production stage royalty interests          

 

 

881,873

 

 

(485,153

)

 

(18,605

)

 

378,115

 

​  

​  

​  

​  

​  

​  

​  

​  

Production stage stream and royalty interests

 

 

2,759,918

 

 

(607,217

)

 

(18,605

)

 

2,134,096

 

Development stage stream interests:

 

 


 

 

 


 

 

 


 

 

 


 

 

Rainy River

 

 

100,706

 

 

 

 

 

 

100,706

 

Other

 

 

87,883

 

 

(153

)

 

(75,702

)

 

12,028

 

​  

​  

​  

​  

​  

​  

​  

​  

Total development stage stream interests

 

 

188,589

 

 

(153

)

 

(75,702

)

 

112,734

 

Development stage royalty interests:

 

 


 

 

 


 

 

 


 

 

 


 

 

Pascua-Lama

 

 

380,657

 

 

 

 

 

 

380,657

 

Other

 

 

66,414

 

 

 

 

 

 

66,414

 

​  

​  

​  

​  

​  

​  

​  

​  

Total development stage royalty interests

 

 

447,071

 

 

 

 

 

 

447,071

 

​  

​  

​  

​  

​  

​  

​  

​  

Development stage stream and royalty interests

 

 

635,660

 

 

(153

)

 

(75,702

)

 

559,805

 

Exploration stage royalty interests

 

 

155,997

 

 

 

 

(1,811

)

 

154,186

 

​  

​  

​  

​  

​  

​  

​  

​  

Total stream and royalty interests

 

$

3,551,575

 

$

(607,370

)

$

(96,118

)

$

2,848,087

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

                                                                                                                                                                                    

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

 

Cost

 

Accumulated
Depletion

 

Impairments

 

Net

 

Production stage stream interests:

 

 

 

 

 

 

 

 

 

 

 

 

 

Mount Milligan

 

$

783,046

 

$

(35,195

)

$

 

$

747,851

 

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 and royalty interests

 

 

1,912,276

 

 

(536,029

)

 

(27,586

)

 

1,348,661

 

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 interests:

 

 


 

 

 


 

 

 


 

 

 


 

 

Pascua-Lama

 

 

372,105

 

 

 

 

 

 

372,105

 

Other

 

 

67,017

 

 

 

 

 

 

67,017

 

​  

​  

​  

​  

​  

​  

​  

​  

Total development stage royalty interests

 

 

439,122

 

 

 

 

 

 

439,122

 

​  

​  

​  

​  

​  

​  

​  

​  

Development stage stream and royalty interests

 

 

523,148

 

 

 

 

(603

)

 

522,545

 

Exploration stage royalty interests

 

 

212,552

 

 


 

 

(150


)

 

212,402

 

​  

​  

​  

​  

​  

​  

​  

​  

Total stream and royalty interests

 

$

2,647,976

 

$

(536,029

)

$

(28,339

)

$

2,083,608

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

Schedule of impairment charges

                                                                                                                                                                                    

 

 

Fiscal Years Ended June 30,

 

 

 

2016

 

2015

 

2014

 

 

 

(Amounts in thousands)

 

Phoenix Gold(1)

 

$

75,702

 

$

 

$

 

Inata(2)

 

 

11,982

 

 

 

 

 

Wolverine(2)

 

 

5,307

 

 

25,967

 

 

 

Other

 

 

3,127

 

 

2,372

 

 

 

​  

​  

​  

​  

​  

​  

Total impairment of stream and royalty interests

 

$

96,118

 

$

28,339

 

$

 

Inata royalty receivable

 

 

2,855

 

 

 

 

 

Wolverine royalty receivable

 

 

(385

)

 

2,996

 

 

 

​  

​  

​  

​  

​  

​  

Total impairment of stream and royalty interests and royalty receivables

 

$

98,588

 

$

31,335

 

$

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  


 

 

(1)          

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

(2)          

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