XML 67 R56.htm IDEA: XBRL DOCUMENT v3.20.1
Acquisitions and other transactions (Details)
 12 Months Ended
Dec. 23, 2019
CAD ($)
Nov. 22, 2019
CAD ($)
a
Sep. 25, 2019
USD ($)
item
Jul. 22, 2019
USD ($)
a
Feb. 21, 2019
USD ($)
Jan. 31, 2019
USD ($)
Feb. 28, 2018
AUD ($)
item
Jan. 19, 2018
USD ($)
$ / oz
item
oz
Dec. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
Dec. 23, 2019
USD ($)
Feb. 21, 2019
CAD ($)
Feb. 21, 2019
USD ($)
Feb. 20, 2018
USD ($)
South Central Oklahoma Oil Province And Sooner Trend Anadarko Basin Canadian And Kingfisher Countries                            
Acquisitions                            
Total contributions made                 $ 114,400,000 $ 261,800,000        
Cumulative investment in royalty acquisition venture                 376,200,000          
South Central Oklahoma Oil Province And Sooner Trend Anadarko Basin Canadian And Kingfisher Countries | Top                            
Acquisitions                            
Total cumulative investment                 143,800,000          
South Central Oklahoma Oil Province And Sooner Trend Anadarko Basin Canadian And Kingfisher Countries | Accounts payable                            
Acquisitions                            
Consideration transferred                 $ 5,600,000          
Amended and restated Cobre Panama Agreement                            
Acquisitions                            
Percentage of the project covered by the amended and restated agreement (as a percent)               100.00%            
Ownership percentage of the project by First Quantum (as a percent)               90.00%            
Ownership percentage of project by KORES (as a percent)               10.00%            
Number of distinct precious metals streams | item               2            
Amended and restated Cobre Panama Agreement - Fixed Payment Stream                            
Acquisitions                            
Amount funded by the company                   $ 273,400,000        
First Quantum's initial interest percent in original stream (as a percent)               80.00%            
Payment for each ounce of gold (in dollars per ounce) | $ / oz               418.00            
Payment for each ounce of silver (in dollars per ounce) | $ / oz               6.27            
The annual inflation factor rate (as a percent)               1.50%            
Quantity of delivered gold ounces before purchase decreases to next threshold from initial threshold | oz               1,341,000            
Maximum ounces of silver on which on-going price of spot price is payable | oz               21,500,000            
Percentage of spot price of gold on which on-going price is paid after maximum ounces have been delivered               50.00%            
Percentage of spot price of silver on which on-going price is paid after maximum ounces have been delivered               50.00%            
Deposit funded on a pro-rata basis               33.33%            
Amended and restated Cobre Panama Agreement - Fixed Payment Stream | Top                            
Acquisitions                            
Deposit provided to acquiree               $ 1,000,000,000            
Amended and restated Cobre Panama Agreement - Floating Payment Stream                            
Acquisitions                            
Amount funded by the company               $ 356,000,000            
First Quantum additional interest percent in project acquired from LS-Nikko Copper Inc. (as a percent)               10.00%            
KORES interest percent in project (as a percent)               10.00%            
Percentage of spot price of gold and silver on which on-going price is paid               20.00%            
Maximum ounces of gold on which on-going price of spot price is payable | oz               604,000            
Maximum ounces of silver on which on-going price of spot price is payable | oz               9,618,000            
Percentage of spot price of gold and silver on which on-going price is paid after maximum ounces have been delivered               50.00%            
Bowen Basin Coal Royalties, Australia                            
Acquisitions                            
Number of additional exploration tenements | item             33              
Cash transferred             $ 4,200,000              
Royalty rate per tonne             $ 0.10              
U.S. Oil & Gas Royalties - Delaware Texas                            
Acquisitions                            
Consideration transferred                           $ 101,300,000
Salares Norte Royalty Interest                            
Acquisitions                            
Consideration transferred           $ 32,000,000                
Percentage of NSR           2.00%                
Cash transferred           $ 5,000,000                
Option to buy back of NSR (as a percent)           1.00%                
Value of option to buy back of NSR           $ 6,000,000                
Period to buy back of NSR           24 months                
Salares Norte Royalty Interest | Common shares                            
Acquisitions                            
Value of common shares issued in acquisition           $ 27,000,000                
Number of common shares issued in acquisition (in share)           366,499                
Valentine Lake Royalty Interest                            
Acquisitions                            
Consideration transferred                       $ 18,000,000 $ 13,700,000  
Percentage of NSR         2.00%                  
Option to buy back of NSR (as a percent)                       0.50% 0.50%  
Value of option to buy back of NSR         $ 7,000,000                  
Eagle's Nest Royalty Interest - Ontario, Canada                            
Acquisitions                            
Acquired gross royalty percent 1.00%                          
Consideration transferred $ 5,000,000                   $ 3,800,000      
Project 81 Royalty Interest And Noble Common Shares [Member]                            
Acquisitions                            
Consideration transferred   $ 500,000                        
Percentage of NSR   2.00%                        
Number of royalties acquired | a   55,000                        
Premier Gold Royalty Interests                            
Acquisitions                            
Consideration transferred     $ 6,000,000                      
Number of royalties acquired | item     2                      
Premier Gold Royalty Interests | Newmont Goldcorp Corporation                            
Acquisitions                            
Percentage of NSR     2.00%                      
Premier Gold Royalty Interests | Nevada Gold Mines L L C                            
Acquisitions                            
Percentage of NSR     1.50%                      
US Oil Gas Royalties Interests Marcellus, Pennsylvania                            
Acquisitions                            
Consideration transferred       $ 300,000,000                    
Percentage of gross production       1.00%                    
Number of acres allowed as deduction | a       350,000                    
Value of royalties generated by the acquired assets       $ 9,400,000