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ROYALTY ACQUISITIONS (Details) (USD $)
9 Months Ended 1 Months Ended 9 Months Ended 1 Months Ended 1 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Mar. 31, 2012
Mt. Milligan
Dec. 19, 2011
Mt. Milligan
Dec. 14, 2011
Mt. Milligan
Oct. 31, 2010
Milligan I Acquisition
oz
Mar. 31, 2012
Milligan I Acquisition
Mar. 31, 2012
Milligan II Acquisition
Dec. 31, 2011
Milligan II Acquisition
subsidiary
Dec. 14, 2011
Milligan II Acquisition
Dec. 31, 2011
Milligan II Acquisition
Thompson Creek
subsidiary
Dec. 31, 2011
Tulsequah
Mar. 31, 2012
Tulsequah
Dec. 22, 2011
Tulsequah
oz
Acquisition of Royalty Interest in Mineral Properties                            
Number of subsidiaries entering into the agreement                 1   1 1    
Total purchase price of royalty interests         $ 581,500,000 $ 311,500,000       $ 270,000,000       $ 60,000,000
Cash paid for acquisition of royalty interests 193,662,000 279,500,000       226,500,000 252,600,000 45,000,000 112,000,000     10,000,000    
Maximum cash payment for each payable ounce of gold until specified threshold ounces have been delivered (in dollars per ounce)           400               450
Maximum quantity of gold with specified purchase price (in ounces)           550,000               48,000
Maximum cash payment for each payable ounce of gold over specified threshold ounces have been delivered (in dollars per ounce)           450               500
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     171,900,000 216,900,000                    
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%
Percentage of produced payable gold to be purchased after 48,000 ounces have been delivered                           7.50%
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%