ROYALTY INTERESTS IN MINERAL PROPERTIES

3 Months Ended

Sep. 30, 2012

ROYALTY INTERESTS IN MINERAL PROPERTIES

ROYALTY INTERESTS IN MINERAL PROPERTIES

3.ROYALTY INTERESTS IN MINERAL PROPERTIES

The following summarizes the Company’s royalty interests in mineral properties as of September 30, 2012 and June 30, 2012.

As of September 30, 2012 (Amounts in thousands):	Cost		Accumulated Depletion			Net
Production stage royalty interests:
Andacollo	$	272,998	$	(31,384	)	$	241,614
Voisey’s Bay	150,138		(38,466		)	111,672
Peñasquito	99,172		(10,225		)	88,947
Las Cruces	57,230		(8,113		)	49,117
Mulatos	48,092		(19,852		)	28,240
Wolverine	45,158		(2,686		)	42,472
Dolores	44,878		(6,484		)	38,394
Canadian Malartic	38,800		(4,079		)	34,721
Gwalia Deeps	31,070		(4,959		)	26,111
Holt	25,428		(3,772		)	21,656
Inata	24,871		(7,684		)	17,187
Leeville	18,322		(14,844		)	3,478
Robinson	17,825		(10,199		)	7,626
Cortez	10,630		(9,687		)	943
Other	210,242		(115,578		)	94,664
	1,094,854		(288,012		)	806,842
Development stage royalty interests:
Mt. Milligan	576,092		—			576,092
Pascua-Lama	372,105		—			372,105
Other	38,694		—			38,694
	986,891		—			986,891
Exploration stage royalty interests	195,959		—			195,959
Total royalty interests in mineral properties	$	2,277,704	$	(288,012	)	$	1,989,692

As of June 30, 2012 (Amounts in thousands):	Cost		Restructuring			Accumulated Depletion			Net
Production stage royalty interests:
Andacollo	$	272,998	$	—		$	(27,345	)	$	245,653
Voisey’s Bay	150,138		—			(33,192		)	116,946
Peñasquito	99,172		—			(9,075		)	90,097
Las Cruces	57,230		—			(6,499		)	50,731
Mulatos	48,092		—			(18,721		)	29,371
Wolverine	45,158		—			(1,625		)	43,533
Dolores	44,878		—			(6,021		)	38,857
Canadian Malartic	38,800		—			(3,292		)	35,508
Gwalia Deeps	28,119		—			(4,398		)	23,721
Holt	25,428		—			(2,980		)	22,448
Inata	24,871		—			(7,320		)	17,551
Leeville	18,322		—			(14,436		)	3,886
Robinson	17,825		—			(9,872		)	7,953
Cortez	10,630		—			(9,673		)	957
Other	208,463		—			(112,105		)	96,358
	1,090,124		—			(266,554		)	823,570
Development stage royalty interests:
Mt. Milligan	455,943		—			—			455,943
Pascua-Lama	372,105		—			—			372,105
Other	40,022		(1,328		)	—			38,694
	868,070		(1,328		)	—			866,742
Exploration stage royalty interests	200,676		—			—			200,676
Total royalty interests in mineral properties	$	2,158,870	$	(1,328	)	$	(266,554	)	$	1,890,988