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ROYALTY AND STREAM INTERESTS (Tables)
6 Months Ended
Dec. 31, 2014
ROYALTY AND STREAM INTERESTS  
Schedule of royalty and stream interests

 

As of December 31, 2014 (Amounts in thousands):

 

Cost

 

Accumulated
Depletion

 

Impairments

 

Net

 

Production stage royalty interests:

 

 

 

 

 

 

 

 

 

Andacollo

 

$

272,998

 

$

(60,892

)

$

 

$

212,106

 

Voisey’s Bay

 

150,138

 

(73,262

)

 

76,876

 

Peñasquito

 

99,172

 

(20,716

)

 

78,456

 

Mulatos

 

48,092

 

(30,226

)

 

17,866

 

Holt

 

34,612

 

(12,184

)

 

22,428

 

Robinson

 

17,825

 

(12,291

)

 

5,534

 

Cortez

 

10,630

 

(9,844

)

 

786

 

Other

 

491,689

 

(246,936

)

(27,586

)

217,167

 

Total production stage royalty interests

 

1,125,156

 

(466,351

)

(27,586

)

631,219

 

 

 

 

 

 

 

 

 

 

 

Production stage stream interests:

 

 

 

 

 

 

 

 

 

Mount Milligan

 

783,046

 

(18,740

)

 

764,306

 

Total production stage royalty and stream interests

 

1,908,202

 

(485,091

)

(27,586

)

1,395,525

 

 

 

 

 

 

 

 

 

 

 

Development stage royalty interests:

 

 

 

 

 

 

 

 

 

Pascua-Lama

 

372,105

 

 

 

372,105

 

Other

 

71,092

 

 

 

71,092

 

Total development stage royalty interests

 

443,197

 

 

 

443,197

 

Total development stage stream interests

 

63,331

 

 

(603

)

62,728

 

Total development stage royalty and stream interests

 

506,528

 

 

(603

)

505,925

 

 

 

 

 

 

 

 

 

 

 

Exploration stage royalty interests

 

165,852

 

 

(150

)

165,702

 

Total royalty and stream interests

 

$

2,580,582

 

$

(485,091

)

$

(28,339

)

$

2,067,152

 

 

As of June 30, 2014 (Amounts in thousands):

 

Cost

 

Accumulated
Depletion

 

Impairments

 

Net

 

Production stage royalty interests:

 

 

 

 

 

 

 

 

 

Andacollo

 

$

272,998

 

$

(56,147

)

$

 

$

216,851

 

Voisey’s Bay

 

150,138

 

(67,377

)

 

82,761

 

Peñasquito

 

99,172

 

(17,801

)

 

81,371

 

Mulatos

 

48,092

 

(28,548

)

 

 

19,544

 

Holt

 

34,612

 

(10,474

)

 

24,138

 

Robinson

 

17,825

 

(11,887

)

 

 

5,938

 

Cortez

 

10,630

 

(9,772

)

 

858

 

Other

 

488,309

 

(232,913

)

 

255,396

 

Total production stage royalty interests

 

1,121,776

 

(434,919

)

 

686,857

 

 

 

 

 

 

 

 

 

 

 

Production stage stream interests:

 

 

 

 

 

 

 

 

 

Mount Milligan

 

783,046

 

(7,741

)

 

775,305

 

Total production stage royalty and stream interests

 

1,904,822

 

(442,660

)

 

1,462,162

 

 

 

 

 

 

 

 

 

 

 

Development stage royalty interests:

 

 

 

 

 

 

 

 

 

Pascua-Lama

 

372,105

 

 

 

372,105

 

Other

 

69,488

 

 

 

69,488

 

Total development stage royalty interests

 

441,593

 

 

 

441,593

 

Total development stage stream interests

 

41,103

 

 

 

41,103

 

Total development stage royalty and stream interests

 

482,696

 

 

 

482,696

 

 

 

 

 

 

 

 

 

 

 

Exploration stage royalty interests

 

164,209

 

 

 

164,209

 

Total royalty and stream interests

 

$

2,551,727

 

$

(442,660

)

$

 

$

2,109,067

 

 

Schedule of impairment charges

 

 

 

For The Three Months Ended

 

For The Six Months Ended

 

 

 

December 31,

 

December 31,

 

December 31,

 

December 31,

 

 

 

2014

 

2013

 

2014

 

2013

 

 

 

(Amounts in thousands)

 

(Amounts in thousands)

 

Wolverine(1) 

 

$

25,967 

 

$

 

$

25,967 

 

$

 

Other

 

603 

 

 

2,372 

 

 

Total impairment of royalty and stream interests

 

$

26,570 

 

$

 

$

28,339 

 

$

 

 

(1)

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