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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities    
Net income $ 194.7 $ 122.2
Adjustments to reconcile net income to net cash provided by operating activities:    
Depletion and depreciation 273.0 273.8
Non-cash costs of sales 7.7 6.5
Share-based payments 4.6 5.0
Impairment charges (Note 8(b))   67.5
Gain on sale of royalty interest   (14.1)
Unrealized foreign exchange (gain) loss (1.7) 0.5
Mark-to-market on warrants 0.2 (0.4)
Gain on investments (2.0) (12.4)
Impairment of investment 4.5  
Deferred income tax expense 21.8 3.5
Other non-cash items (2.1) (1.2)
Acquisition of gold bullion (24.1) (53.5)
Proceeds from sale of gold bullion 19.0 67.3
Operating cash flows before changes in non-cash working capital 495.6 464.7
Changes in non-cash working capital:    
Decrease (increase) in receivables 5.2 (6.0)
Decrease (increase) in prepaid expenses and other 3.3 (4.5)
(Decrease) increase in current liabilities (15.5) 16.8
Net cash provided by operating activities 488.6 471.0
Cash flows from investing activities    
Proceeds from sale of investments 12.6 28.6
Proceeds from sale of royalty interest   30.3
Acquisition of investments (12.3) (1.6)
Acquisition of royalty, stream and working interests (499.5) (744.8)
Acquisition of oil & gas well equipment (1.7) (2.1)
Acquisition of property and equipment   (0.2)
Net cash used in investing activities (500.9) (689.8)
Cash flows from financing activities    
Net proceeds from issuance of common shares   883.5
Repayment of Credit Facility   (460.0)
Credit facility amendment costs (1.0)  
Payment of dividends (125.8) (118.1)
Proceeds from exercise of warrants 356.4  
Proceeds from exercise of stock options 10.1 16.3
Net cash provided by financing activities 239.7 321.7
Effect of exchange rate changes on cash and cash equivalents 30.7 0.9
Net change in cash and cash equivalents 258.1 103.8
Cash and cash equivalents at beginning of year 253.0 149.2
Cash and cash equivalents at end of year 511.1 253.0
Supplemental cash flow information:    
Cash paid for interest expense and loan standby fees 2.4 3.0
Income taxes paid $ 38.2 $ 30.7