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ROYALTY ACQUISITIONS (Details) (USD $)
6 Months Ended 1 Months Ended 1 Months Ended 6 Months Ended 1 Months Ended 1 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2011
Mt. Milligan
Dec. 31, 2010
Mt. Milligan
Dec. 31, 2011
Tulsequah
oz
Dec. 22, 2011
Tulsequah
Oct. 31, 2010
Milligan I Acquisition
Dec. 31, 2011
Milligan I Acquisition
Dec. 31, 2011
Milligan II Agreement
subsidiary
Dec. 14, 2011
Milligan II Agreement
Dec. 31, 2011
Milligan II Agreement
Thompson Creek
subsidiary
Acquisition of Royalty Interest in Mineral Properties                      
Number of subsidiaries which entered into Milligan II Agreement                 1   1
Total purchase price of royalty interests       $ 581,500,000   $ 60,000,000 $ 311,500,000     $ 270,000,000  
Cash paid for acquisition of royalty interests 148,182,000 279,500,000     10,000,000   226,500,000 252,600,000 112,000,000    
Percentage of payable ounces of gold purchased       40.00%     25.00%     15.00%  
Cash payment for each payable ounce of gold (in dollars per ounce)       435              
Future scheduled payments     216,900,000                
Future scheduled payments for each quarter in calendar year 2012     45,000,000                
Aggregate future scheduled payments for calendar year 2012     180,000,000                
Future scheduled payments for first two quarters in calendar year 2013     12,000,000                
Future scheduled payments for third quarter in calendar year 2013     12,900,000                
Aggregate future scheduled payments for calendar year 2013     36,900,000                
Maximum future additional payments upon satisfaction of certain conditions in the Tulsequah Agreement         50,000,000            
Percentage of produced payable gold to be purchased until 48,000 ounces have been delivered         12.50%            
Maximum cash payment for each payable ounce of gold until 48,000 ounces have been delivered (in dollars per ounce)         450            
Maximum quantity of gold with maximum cash payment of $450 per ounce (in ounces)         48,000            
Percentage of produced payable gold to be purchased after 48,000 ounces have been delivered         7.50%            
Maximum cash payment for each payable ounce of gold after 48,000 ounces have been delivered (in dollars per ounce)         500            
Percentage of produced payable silver to be purchased until 2,775,000 ounces have been delivered         22.50%            
Maximum cash payment for each payable ounce of silver until 2,775,000 ounces have been delivered (in dollars per ounce)         5.00            
Maximum quantity of silver with maximum cash payment of $5.00 per ounce (in ounces)         2,775,000            
Percentage of produced payable silver to be purchased after 2,775,000 ounces have been delivered         9.75%            
Maximum cash payment for each payable ounce of silver after 2,775,000 ounces have been delivered (in dollars per ounce)         $ 7.50            
Streaming percentage for payable gold and payable silver upon suspension of obligations         6.50%