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Segment disclosure | 12 Months Ended
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Dec. 31, 2023
Disclosure of operating segments [abstract] |
Segment disclosure [Text Block] | 26. Segment disclosure Prior to the deconsolidation of Osisko Development on September 30, 2022 (Note 29), the Chief Executive Officer (chief operating decision-maker) organized and managed the business under two operating segments: (i) acquiring and managing precious metals and other royalties, streams and other interests, and (ii) the exploration, evaluation and development of mining projects. Following the deconsolidation of Osisko Development, and the deemed disposal of the exploration, evaluation and development of mining projects segment, the Chief Executive Officer organizes and manages the business under a single operating segment, consisting of acquiring and managing precious metals and other royalties, streams and other interests. All of the Company's assets, liabilities, revenues, expenses and cash flows from continuing operations are attributable to this single operating segment. The following tables present segmented information for this single segment. Geographic revenues Geographic revenues from the sale of metals and diamonds received or acquired from in-kind royalties, streams and other interests are determined by the location of the mining operations giving rise to the royalty, stream or other interest. For the years ended December 31, 2023 and 2022, royalty, stream and other interest revenues were earned from the following jurisdictions:
|  | North America (i) |  |  | South America |  |  | Australia |  |  | Africa |  |  | Europe |  |  | Total |
|  | $ |  |  | $ |  |  | $ |  |  | $ |  |  | $ |  |  | $ |
2023 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Royalties |  | 158,562 |  |  | 1,428 |  |  | 154 |  |  | 286 |  |  | - |  |  | 160,430 |
Streams |  | 34,580 |  |  | 31,236 |  |  | 10,259 |  |  | - |  |  | 10,815 |  |  | 86,890 |
|  | 193,142 |  |  | 32,664 |  |  | 10,413 |  |  | 286 |  |  | 10,815 |  |  | 247,320 |
2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Royalties |  | 140,488 |  |  | 1,257 |  |  | 69 |  |  | 2,252 |  |  | - |  |  | 144,066 |
Streams |  | 39,701 |  |  | 23,948 |  |  | 892 |  |  | - |  |  | 9,202 |  |  | 73,743 |
|  | 180,189 |  |  | 25,205 |  |  | 961 |  |  | 2,252 |  |  | 9,202 |  |  | 217,809 |
(i) 91% of North America's revenues are generated from Canada in 2023 (91% in 2022). In 2023, three royalty/stream interests generated revenues of $146.3 million ($132.3 million in 2022), which represented 59% of revenues (61% of revenues in 2022), including one royalty interest that generated revenues of $90.1 million ($78.8 million in 2022). In 2023, revenues generated from precious metals and diamonds represented 90% and 10% of revenues, respectively (85% and 14% of revenues in 2022). Geographic net assets The following table summarizes the royalty, stream and other interests by jurisdiction, as at December 31, 2023 and December 31, 2022, which is based on the location of the properties related to the royalty, stream or other interests:
|  | North America (i) |  |  | South America |  |  | Australia |  |  | Africa |  |  | Asia |  |  | Europe |  |  | Total |
|  | $ |  |  | $ |  |  | $ |  |  | $ |  |  | $ |  |  | $ |  |  | $ |
December 31, 2023 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Royalties |  | 638,871 |  |  | 182,858 |  |  | 11,257 |  |  | 71,809 |  |  | - |  |  | 14,868 |  |  | 919,663 |
Streams |  | 185,912 |  |  | 163,149 |  |  | 194,267 |  |  | - |  |  | 29,494 |  |  | 46,379 |  |  | 619,201 |
Offtakes |  | - |  |  | - |  |  | 9,348 |  |  | - |  |  | 4,899 |  |  | - |  |  | 14,247 |
|  | 824,783 |  |  | 346,007 |  |  | 214,872 |  |  | 71,809 |  |  | 34,393 |  |  | 61,247 |  |  | 1,553,111 |
December 31, 2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Royalties |  | 664,985 |  |  | 157,552 |  |  | 17,345 |  |  | 24,228 |  |  | - |  |  | 14,965 |  |  | 879,075 |
Streams |  | 225,517 |  |  | 177,853 |  |  | - |  |  | - |  |  | 30,203 |  |  | 51,017 |  |  | 484,590 |
Offtakes |  | - |  |  | - |  |  | 9,572 |  |  | - |  |  | 5,016 |  |  | - |  |  | 14,588 |
|  | 890,502 |  |  | 335,405 |  |  | 26,917 |  |  | 24,228 |  |  | 35,219 |  |  | 65,982 |  |  | 1,378,253 |
(i) 80% of North America's net interests are located in Canada as at December 31, 2023 (81% as at December 31, 2022).

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