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ROYALTY INTERESTS IN MINERAL PROPERTIES (Details) (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Jun. 30, 2011
Royalty interests in mineral properties    
Cost $ 2,030,598 $ 1,882,186
Restructuring (1,328)  
Accumulated Depletion (230,277) (191,747)
Net 1,798,993 1,690,439
Production stage royalty interests
   
Royalty interests in mineral properties    
Cost 1,065,660 1,054,539
Accumulated Depletion (230,277) (191,747)
Net 835,383 862,792
Production stage royalty interests | Andacollo
   
Royalty interests in mineral properties    
Cost 272,998 272,998
Accumulated Depletion (20,989) (13,076)
Net 252,009 259,922
Production stage royalty interests | Voisey's Bay
   
Royalty interests in mineral properties    
Cost 150,138 150,138
Accumulated Depletion (24,603) (15,526)
Net 125,535 134,612
Production stage royalty interests | Penasquito
   
Royalty interests in mineral properties    
Cost 99,172 99,172
Accumulated Depletion (7,148) (5,457)
Net 92,024 93,715
Production stage royalty interests | Las Cruces
   
Royalty interests in mineral properties    
Cost 57,230 57,230
Accumulated Depletion (4,149) (2,615)
Net 53,081 54,615
Production stage royalty interests | Mulatos
   
Royalty interests in mineral properties    
Cost 48,092 48,092
Accumulated Depletion (16,141) (14,199)
Net 31,951 33,893
Production stage royalty interests | Wolverine
   
Royalty interests in mineral properties    
Cost 45,158 45,158
Accumulated Depletion (576) (257)
Net 44,582 44,901
Production stage royalty interests | Dolores
   
Royalty interests in mineral properties    
Cost 44,878 44,878
Accumulated Depletion (5,140) (4,005)
Net 39,738 40,873
Production stage royalty interests | Canadian Malartic
   
Royalty interests in mineral properties    
Cost 38,800 38,800
Accumulated Depletion (1,561) (367)
Net 37,239 38,433
Production stage royalty interests | Gwalia Deeps
   
Royalty interests in mineral properties    
Cost 28,119 22,854
Accumulated Depletion (2,950) (1,715)
Net 25,169 21,139
Production stage royalty interests | Holt
   
Royalty interests in mineral properties    
Cost 25,428 25,428
Accumulated Depletion (1,717) (620)
Net 23,711 24,808
Production stage royalty interests | Inata
   
Royalty interests in mineral properties    
Cost 24,871 24,871
Accumulated Depletion (6,516) (5,158)
Net 18,355 19,713
Production stage royalty interests | Leeville
   
Royalty interests in mineral properties    
Cost 18,322 18,322
Accumulated Depletion (13,831) (12,920)
Net 4,491 5,402
Production stage royalty interests | Robinson
   
Royalty interests in mineral properties    
Cost 17,825 17,825
Accumulated Depletion (9,341) (8,827)
Net 8,484 8,998
Production stage royalty interests | Cortez
   
Royalty interests in mineral properties    
Cost 10,630 10,630
Accumulated Depletion (9,648) (9,619)
Net 982 1,011
Production stage royalty interests | Other
   
Royalty interests in mineral properties    
Cost 183,999 178,143
Accumulated Depletion (105,967) (97,386)
Net 78,032 80,757
Development stage royalty interests
   
Royalty interests in mineral properties    
Cost 769,062 625,951
Restructuring (1,328)  
Net 767,734 625,951
Development stage royalty interests | Other
   
Royalty interests in mineral properties    
Cost 31,171 26,250
Restructuring (1,328)  
Net 29,843 26,250
Development stage royalty interests | Pascua-Lama
   
Royalty interests in mineral properties    
Cost 372,105 372,105
Net 372,105 372,105
Development stage royalty interests | Mt. Milligan
   
Royalty interests in mineral properties    
Cost 365,786 227,596
Net 365,786 227,596
Exploration stage royalty interests
   
Royalty interests in mineral properties    
Cost 195,876 201,696
Net $ 195,876 $ 201,696