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ROYALTY AND STREAM INTERESTS (Tables)
9 Months Ended
Mar. 31, 2016
ROYALTY AND STREAM INTERESTS  
Schedule of royalty and stream interests

 

As of March 31, 2016 (Amounts in thousands):

 

Cost

 

Accumulated 
Depletion

 

Impairments

 

Net

 

Production stage royalty interests:

 

 

 

 

 

 

 

 

 

Voisey’s Bay

 

$

205,724

 

$

(85,671

)

$

 

$

120,053

 

Peñasquito

 

99,172

 

(29,439

)

 

69,733

 

Holt

 

34,612

 

(16,391

)

 

18,221

 

Cortez

 

10,630

 

(9,987

)

 

643

 

Other

 

531,734

 

(333,196

)

(18,605

)

179,933

 

 

 

 

 

 

 

 

 

 

 

Total production stage royalty interests

 

881,872

 

(474,684

)

(18,605

)

388,583

 

 

 

 

 

 

 

 

 

 

 

Production stage stream interests:

 

 

 

 

 

 

 

 

 

Mount Milligan

 

783,046

 

(65,329

)

 

717,717

 

Pueblo Viejo

 

610,404

 

(13,344

)

 

597,060

 

Andacollo

 

388,182

 

(12,497

)

 

375,685

 

Wassa/Bogoso/Prestea

 

76,427

 

(6,000

)

 

70,427

 

 

 

 

 

 

 

 

 

 

 

Total production stage stream interests

 

1,858,059

 

(97,170

)

 

1,760,889

 

 

 

 

 

 

 

 

 

 

 

Production stage royalty and stream interests

 

2,739,931

 

(571,854

)

(18,605

)

2,149,472

 

 

 

 

 

 

 

 

 

 

 

Development stage royalty interests:

 

 

 

 

 

 

 

 

 

Pascua-Lama

 

380,657

 

 

 

380,657

 

Other

 

66,415

 

 

 

66,415

 

 

 

 

 

 

 

 

 

 

 

Total development stage royalty interests

 

447,072

 

 

 

447,072

 

 

 

 

 

 

 

 

 

 

 

Development stage stream interests:

 

 

 

 

 

 

 

 

 

Rainy River

 

100,684

 

 

 

100,684

 

Other

 

87,881

 

(153

)

(75,702

)

12,026

 

 

 

 

 

 

 

 

 

 

 

Total development stage stream interests

 

188,565

 

(153

)

(75,702

)

112,710

 

 

 

 

 

 

 

 

 

 

 

Development stage royalty and stream interests

 

635,637

 

(153

)

(75,702

)

559,782

 

 

 

 

 

 

 

 

 

 

 

Exploration stage royalty interests

 

155,997

 

 

(1,811

)

154,186

 

Exploration stage stream interests

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total royalty and stream interests

 

$

3,531,565

 

$

(572,007

)

$

(96,118

)

$

2,863,440

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of June 30, 2015 (Amounts in thousands):

 

Cost

 

Accumulated 
Depletion

 

Impairments

 

Net

 

 

 

 

 

 

 

 

 

 

 

Production stage royalty interests:

 

 

 

 

 

 

 

 

 

Andacollo

 

$

272,998

 

$

(65,467

)

$

 

$

207,531

 

Voisey’s Bay

 

150,138

 

(76,141

)

 

73,997

 

Peñasquito

 

99,172

 

(24,555

)

 

74,617

 

Mulatos

 

48,092

 

(32,313

)

 

 

15,779

 

Holt

 

34,612

 

(13,950

)

 

20,662

 

Robinson

 

17,825

 

(12,748

)

 

 

5,077

 

Cortez

 

10,630

 

(9,933

)

 

697

 

Other

 

495,763

 

(265,727

)

(27,586

)

202,450

 

 

 

 

 

 

 

 

 

 

 

Total production stage royalty interests

 

1,129,230

 

(500,834

)

(27,586

)

600,810

 

 

 

 

 

 

 

 

 

 

 

Production stage stream interests:

 

 

 

 

 

 

 

 

 

Mount Milligan

 

783,046

 

(35,195

)

 

747,851

 

 

 

 

 

 

 

 

 

 

 

Production stage royalty and stream interests

 

1,912,276

 

(536,029

)

(27,586

)

1,348,661

 

 

 

 

 

 

 

 

 

 

 

Development stage royalty interests:

 

 

 

 

 

 

 

 

 

Pascua-Lama

 

372,105

 

 

 

372,105

 

Other

 

67,017

 

 

 

67,017

 

 

 

 

 

 

 

 

 

 

 

Total development stage royalty interests

 

439,122

 

 

 

439,122

 

 

 

 

 

 

 

 

 

 

 

Development stage stream interests:

 

 

 

 

 

 

 

 

 

Phoenix Gold

 

75,843

 

 

 

75,843

 

Other

 

8,183

 

 

(603

)

7,580

 

 

 

 

 

 

 

 

 

 

 

Total development stage stream interests

 

84,026

 

 

(603

)

83,423

 

 

 

 

 

 

 

 

 

 

 

Development stage royalty and stream interests

 

523,148

 

 

(603

)

522,545

 

 

 

 

 

 

 

 

 

 

 

Exploration stage royalty interests

 

212,552

 

 

(150

)

212,402

 

 

 

 

 

 

 

 

 

 

 

Total royalty and stream interests

 

$

2,647,976

 

$

(536,029

)

$

(28,339

)

$

2,083,608

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of impairment charges

 

 

 

For The Three Months 
Ended March 31,

 

For The Nine Months Ended 
March 31,

 

 

 

2016

 

2015

 

2016

 

2015

 

 

 

(Amounts in thousands)

 

(Amounts in thousands)

 

Phoenix Gold(1)

 

$

75,702

 

$

 

$

75,702

 

$

 

Inata(2)

 

11,982

 

 

11,982

 

 

Wolverine(2) 

 

5,307

 

 

5,307

 

25,967

 

Other

 

3,127

 

 

3,127

 

2,372

 

 

 

 

 

 

 

 

 

 

 

Total impairment of royalty and stream interests

 

$

96,118

 

$

 

$

96,118

 

$

28,339

 

Inata

 

2,855

 

 

2,855

 

 

Wolverine

 

 

 

(385

)

2,996

 

 

 

 

 

 

 

 

 

 

 

Total impairment of royalty and stream interests and royalty receivables

 

$

98,973

 

$

 

$

98,588

 

$

31,335

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1)

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

(2)

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