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Segment disclosure (Tables) | 12 Months Ended
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Dec. 31, 2021
Disclosure of operating segments [abstract] |
Disclosure of main assets and liabilities per operating segment [Table Text Block] |
|  |  |  | As at December 31, 2021 and 2020 |
| Osisko Gold | Osisko |  |  |  |  |  |
| Royalties (i) | Development (ii) |  |  |  |  |  |
|  | (Mining exploration, |  |  |  |  |  |
| (Royalties, streams | evaluation and |  | Intersegment |  |  |  |
| and other interests) | development) |  | transactions (iii) |  |  | Consolidated |
| $ | $ |  | $ |  |  | $ |
Assets and liabilities |  |  |  |  |  |  |  |
As at December 31, 2021 |  |  |  |  |  |  |  |
Cash | 82,291 | 33,407 |  | - |  |  | 115,698 |
Current assets | 91,594 | 61,422 |  | (90 | ) |  | 152,926 |
Investments in associates and other investments | 231,884 | 62,480 |  | - |  |  | 294,364 |
Royalty, stream and other interests | 1,247,489 | - |  | (92,688 | ) |  | 1,154,801 |
Mining interests and plant and equipment | 7,991 | 559,332 |  | 68,332 |  |  | 635,655 |
Exploration and evaluation assets | - | 3,635 |  | - |  |  | 3,635 |
Goodwill | 111,204 | - |  | - |  |  | 111,204 |
Total assets | 1,691,958 | 703,110 |  | (24,446 | ) |  | 2,370,622 |
Total liabilities (excluding long-term debt) | 89,416 | 115,156 |  | (24,446 | ) |  | 180,126 |
Long-term debt | 406,671 | 3,764 |  | - |  |  | 410,435 |
As at December 31, 2020 |  |  |  |  |  |  |  |
Cash | 105,097 | 197,427 |  | - |  |  | 302,524 |
Current assets | 117,592 | 218,478 |  | (882 | ) |  | 335,188 |
Investments in associates and other investments | 166,589 | 110,144 |  | - |  |  | 276,733 |
Royalty, stream and other interests | 1,203,781 | - |  | (87,653 | ) |  | 1,116,128 |
Mining interests and plant and equipment | 9,011 | 407,000 |  | 73,501 |  |  | 489,512 |
Exploration and evaluation assets | - | 41,869 |  | 650 |  |  | 42,519 |
Goodwill | 111,204 | - |  | - |  |  | 111,204 |
Total assets | 1,609,344 | 802,144 |  | (14,384 | ) |  | 2,397,104 |
Total liabilities (excluding long-term debt) | 67,449 | 102,578 |  | (14,384 | ) |  | 155,643 |
Long-term debt | 400,429 | - |  | - |  |  | 400,429 |
Disclosure of expenses and cash flows per operating segment [Table Text Block] |
|  |  |  |  |  |  |  | Years ended December 31, 2021 and 2020 |
|  | Osisko Gold |  |  | Osisko |  |  |  |  |  |  |
|  | Royalties (i) |  |  | Development (ii) |  |  |  |  |  |  |
|  |  |  |  | (Mining exploration, |  |  |  |  |  |  |
|  | (Royalties, streams |  |  | evaluation and |  |  | Intersegment |  |  |  |
|  | and other interests) |  |  | development) |  |  | transactions (iii) |  |  | Consolidated |
|  | $ |  |  | $ |  |  | $ |  |  | $ |
Revenues, expenses and cash flows |  |  |  |  |  |  |  |  |  |  |  |
Year ended December 31, 2021 |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  | 224,877 |  |  | 7,275 |  |  | (7,275 | ) |  | 224,877 |
Gross profit |  | 138,870 |  |  | - |  |  | - |  |  | 138,870 |
Operating expenses (G&A, bus. dev and exploration) |  | (23,778 | ) |  | (22,852 | ) |  | - |  |  | (46,630 | )
Mining operating expenses |  | - |  |  | (12,919 | ) |  | - |  |  | (12,919 | )
Impairments |  | (4,400 | ) |  | (122,250 | ) |  | - |  |  | (126,650 | )
Net earnings (loss) |  | 77,277 |  |  | (133,952 | ) |  | - |  |  | (56,675 | )
Cash flows from operating activities |  |  |  |  |  |  |  |  |  |  |  |
Before working capital items |  | 158,632 |  |  | (21,828 | ) |  | (5,710 | ) |  | 131,094 |
Working capital items |  | (5,413 | ) |  | (19,586 | ) |  | - |  |  | (24,999 | )
After working capital items |  | 153,219 |  |  | (41,414 | ) |  | (5,710 | ) |  | 106,095 |
Cash flows from investing activities |  | (120,766 | ) |  | (156,982 | ) |  | 5,710 |  |  | (272,038 | )
Cash flows from financing activities |  | (54,339 | ) |  | 34,738 |  |  | - |  |  | (19,601 | )
Year ended December 31, 2020 |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  | 213,630 |  |  | - |  |  | - |  |  | 213,630 |
Gross profit |  | 104,325 |  |  | - |  |  | - |  |  | 104,325 |
Operating expenses (G&A, bus. dev and exploration) |  | (28,021 | ) |  | (8,301 | ) |  | - |  |  | (36,322 | )
Impairments |  | (36,298 | ) |  | - |  |  | - |  |  | (36,298 | )
Net earnings (loss) |  | 23,501 |  |  | (7,272 | ) |  | - |  |  | 16,229 |
Cash flows from operating activities |  |  |  |  |  |  |  |  |  |  |  |
Before working capital items |  | 116,631 |  |  | (10,387 | ) |  | - |  |  | 106,244 |
Working capital items |  | (2,669 | ) |  | 4,403 |  |  | - |  |  | 1,734 |
After working capital items |  | 113,962 |  |  | (5,984 | ) |  | - |  |  | 107,978 |
Cash flows from investing activities |  | (161,131 | ) |  | (61,968 | ) |  | - |  |  | (223,099 | )
Cash flows from financing activities |  | 109,444 |  |  | 207,417 |  |  | - |  |  | 316,861 |
(i) Osisko Gold Royalties Ltd and its subsidiaries, excluding Osisko Development Corp. and its subsidiaries. (ii) Osisko Development Corp. and its subsidiaries (carve-out of the mining activities of Osisko Gold Royalties prior to the reverse take-over transaction completed on November 25, 2020 and creating Osisko Development). (iii) The adjustments are related to intersegment transactions and to royalties and streams held by Osisko Gold Royalties on assets held by Osisko Development, which are reclassified on consolidation, as well as adjustments related to an accounting policy difference on revenues recognition.
Disclosure of detailed information about geographic revenues segment reporting [Table Text Block] |
|  | North |  |  | South |  |  |  |  |  |  |  |  |  |  |  |  |
|  | America(i) |  |  | America |  |  | Australia |  |  | Africa |  |  | Europe |  |  | Total |
|  | $ |  |  | $ |  |  | $ |  |  | $ |  |  | $ |  |  | $ |
2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Royalties |  | 134,544 |  |  | 1,112 |  |  | 6 |  |  | 4,617 |  |  | - |  |  | 140,279 |
Streams |  | 27,624 |  |  | 20,284 |  |  | 1,548 |  |  | - |  |  | 9,877 |  |  | 59,333 |
Offtakes |  | 25,265 |  |  | - |  |  | - |  |  | - |  |  | - |  |  | 25,265 |
|  | 187,433 |  |  | 21,396 |  |  | 1,554 |  |  | 4,617 |  |  | 9,877 |  |  | 224,877 |
2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Royalties |  | 106,780 |  |  | 554 |  |  | 52 |  |  | 3,919 |  |  | - |  |  | 111,305 |
Streams |  | 13,999 |  |  | 19,862 |  |  | 2,098 |  |  | - |  |  | 9,310 |  |  | 45,269 |
Offtakes |  | 57,056 |  |  | - |  |  | - |  |  | - |  |  | - |  |  | 57,056 |
|  | 177,835 |  |  | 20,416 |  |  | 2,150 |  |  | 3,919 |  |  | 9,310 |  |  | 213,630 |
(i) 83% of the North America's revenues are generated from Canada in 2021 (65% in 2020).
Disclosure of detailed information about geographic net assets [Table Text Block] |
|  | North |  |  | South |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | America(i) |  |  | America |  |  | Australia |  |  | Africa |  |  | Asia |  |  | Europe |  |  | Total |
|  | $ |  |  | $ |  |  | $ |  |  | $ |  |  | $ |  |  | $ |  |  | $ |
December 31, 2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Royalties |  | 595,931 |  |  | 57,673 |  |  | 13,742 |  |  | 20,453 |  |  | - |  |  | 15,215 |  |  | 703,014 |
Streams |  | 185,031 |  |  | 173,773 |  |  | - |  |  | - |  |  | 28,272 |  |  | 51,055 |  |  | 438,131 |
Offtakes |  | - |  |  | - |  |  | 8,960 |  |  | - |  |  | 4,696 |  |  | - |  |  | 13,656 |
|  | 780,962 |  |  | 231,446 |  |  | 22,702 |  |  | 20,453 |  |  | 32,968 |  |  | 66,270 |  |  | 1,154,801 |
December 31, 2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Royalties |  | 576,835 |  |  | 46,374 |  |  | 9,924 |  |  | 8,313 |  |  | - |  |  | 15,215 |  |  | 656,661 |
Streams |  | 172,879 |  |  | 183,679 |  |  | 1,481 |  |  | - |  |  | 28,392 |  |  | 54,510 |  |  | 440,941 |
Offtakes |  | 5,690 |  |  | - |  |  | 8,119 |  |  | - |  |  | 4,717 |  |  | - |  |  | 18,526 |
|  | 755,404 |  |  | 230,053 |  |  | 19,524 |  |  | 8,313 |  |  | 33,109 |  |  | 69,725 |  |  | 1,116,128 |
(i) 82% of the North America's net interests are located in Canada as at December 31, 2021 (86% as at December 31, 2020).
Disclosure of detailed information about exploration, evaluation and development of mining projects [Table Text Block] |
|  |  |  |  |  |  |  | December 31, 2021 |  |  |  |  |  |  |  |  | December 31, 2020 |
|  | Canada |  |  | Mexico |  |  | Total |  |  | Canada |  |  | Mexico |  |  | Total |
|  | $ |  |  | $ |  |  | $ |  |  | $ |  |  | $ |  |  | $ |
Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Inventories |  | 13,933 |  |  | 4,663 |  |  | 18,596 |  |  | 1,599 |  |  | 25,705 |  |  | 27,304 |
Mining interests, plant and equipment |  | 455,849 |  |  | 103,483 |  |  | 559,332 |  |  | 344,903 |  |  | 62,097 |  |  | 407,000 |
Exploration and evaluation assets |  | 3,635 |  |  | - |  |  | 3,635 |  |  | 40,680 |  |  | 1,189 |  |  | 41,869 |
Total assets |  | 627,937 |  |  | 75,173 |  |  | 703,110 |  |  | 704,998 |  |  | 97,146 |  |  | 802,144 |

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