XML 130 R95.htm IDEA: XBRL DOCUMENT v3.20.4
Commitments (Details)
t in Millions, lb in Millions
 12 Months Ended
Dec. 31, 2020
$ / oz
t
oz
$ / shares
Dec. 31, 2020
$ / oz
Dec. 31, 2020
lb
Dec. 31, 2020
oz
Dec. 31, 2020
Dec. 31, 2020
USD ($)
Jul. 01, 2018
$ / oz
Antamina              
Commitments              
Attributable payable production of gold to be purchased (as a percent)         0.00%    
Attributable payable production of silver to be purchased (as a percent)         22.50%    
Attributable payable production of platinum group metals to be purchased (as a percent)         0.00%    
Payment for each ounce of silver (as a percent)         5.00%    
Term of agreement 40 years            
Fixed silver payability (as a percent) 90.00%            
Percentage of reduction in spot price after maximum ounces of silver have been delivered under the stream agreement 15.00%            
Maximum ounces of silver on which on-going price of spot price is payable       86,000,000      
Purchase price per ounce of silver as a percent of average or spot price upon initial delivery 5.00%            
Antapaccay              
Commitments              
Attributable payable production of platinum group metals to be purchased (as a percent)         0.00%    
Payment for each ounce of gold (as a percent)         20.00%    
Payment for each ounce of silver (as a percent)         20.00%    
Term of agreement 40 years            
Percentage of reduction in spot price after maximum ounces of silver have been delivered under the stream agreement 30.00%            
Maximum ounces of silver on which on-going price of spot price is payable       12,800,000      
Purchase price per ounce of silver as a percent of average or spot price upon initial delivery 20.00%            
Ounces of gold receivable for each 1,000 tonnes of copper       300      
Copper for 300 ounces of gold       1,000      
Quantity of delivered gold ounces before payable production to be purchased decreases to next threshold from initial threshold       630,000      
Percentage of gold receivable after initial threshold is achieved 30.00%            
Ounces of silver receivable for each 1,l000 tonnes of copper       4,700      
Copper for 4,700 ounces of silver       1,000      
Maximum ounces of silver receivable       10,000,000      
Percentage of spot price of gold on which on-going price is paid 20.00%            
Maximum ounces of gold on which on-going price of spot price is payable       750,000      
Percentage of spot price of gold on which on-going price is paid after maximum ounces have been delivered 30.00%            
Percentage of spot price of silver on which on-going price is paid after maximum ounces have been delivered 30.00%            
Candelaria              
Commitments              
Attributable payable production of gold to be purchased (as a percent)         68.00%    
Attributable payable production of silver to be purchased (as a percent)         68.00%    
Attributable payable production of platinum group metals to be purchased (as a percent)         0.00%    
Payment for each ounce of gold (in dollars per ounce) | $ / oz   400          
Payment for each ounce of silver (in dollars per ounce) | $ / oz   4.00          
Term of agreement 40 years            
Percentage of reduction in spot price after maximum ounces of silver have been delivered under the stream agreement 40.00%            
Maximum ounces of silver on which on-going price of spot price is payable       12,000,000      
Maximum ounces of gold on which on-going price of spot price is payable       720,000      
Cobre Panama Fixed Payment Stream              
Commitments              
Attributable payable production of platinum group metals to be purchased (as a percent)         0.00%    
Payment for each ounce of gold (in dollars per ounce) | $ / oz   418          
Payment for each ounce of silver (in dollars per ounce) | $ / oz   6.27          
Term of agreement 40 years            
Percentage of reduction in spot price after maximum ounces of silver have been delivered under the stream agreement 62.10%            
Percentage of reduction in spot price after maximum ounces of gold have been delivered under the stream agreement 63.40%            
Maximum ounces of silver on which on-going price of spot price is payable       21,510,000      
Maximum ounces of silver on which on-going price of spot price is payable       9,842,000      
Quantity of delivered gold ounces before payable production to be purchased decreases to next threshold from initial threshold       808,000      
Purchase price per ounce of gold per ounce upon delivery initial post inflation adjustment | $           418.27  
The mill through put number of consecutive days of commensurate 30 days            
The annual capacity of tonnes per annum reached by period end. | t 58            
Annual rate of return on upfront payments until the mill throughput is achieved 5.00%            
The reduction of applicable fixed gold price per ounce (in dollar per ounce) | $ / oz 100            
Quantity of delivered gold ounces before purchase decreases to next threshold from initial threshold 1,341,000            
Purchase price per ounce of silver per ounce upon delivery initial post inflation adjustment | $ / shares $ 6.27            
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%            
Ounces of gold receivable per every 1 million pounds of copper produced     1 120      
Copper for stated ounces of gold | lb     1        
Copper pounds per gold ounces to purchase threshold 2       81      
Maximum ounces of gold receivable for second threshold       1,716,188      
Ounces of silver receivable per every 1 million pounds of copper produced | lb     1        
Copper for stated ounces of silver | lb     1        
Number of payable Silver ounces to be purchased per quantity of pounds of copper       1,776      
Ounces of silver receivable per every 1 million pounds of copper produced       1,376      
Ounces Of Silver Delivered Under Threshold 2 Before Committed Quantities Reduces       29,731,000      
Cobre Panama Floating Payment Stream              
Commitments              
Attributable payable production of platinum group metals to be purchased (as a percent)         0.00%    
Payment for each ounce of gold (as a percent)         20.00%    
Payment for each ounce of silver (as a percent)         20.00%    
Term of agreement 40 years            
Percentage of reduction in spot price after maximum ounces of silver have been delivered under the stream agreement 15.53%            
Percentage of reduction in spot price after maximum ounces of gold have been delivered under the stream agreement 15.85%            
Maximum ounces of silver on which on-going price of spot price is payable       9,618,000      
Maximum ounces of silver on which on-going price of spot price is payable       2,460,500      
Quantity of delivered gold ounces before payable production to be purchased decreases to next threshold from initial threshold       202,000      
The mill through put number of consecutive days of commensurate 30 days            
The annual capacity of tonnes per annum reached by period end. | t 58            
Annual rate of return on upfront payments until the mill throughput is achieved 5.00%            
The reduction of applicable fixed gold price per ounce (in dollar per ounce) | $ / oz 100            
Maximum ounces of gold on which on-going price of spot price is payable       604,000      
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%            
Ounces of gold receivable per every 1 million pounds of copper produced       30      
Copper for stated ounces of gold | lb     1        
Copper pounds per gold ounces to purchase threshold 2       20.25      
Ounces of gold receivable per every 1 million pounds of copper produced | lb     1        
Maximum ounces of gold receivable for second threshold       429,047      
Ounces of silver receivable per every 1 million pounds of copper produced       344      
Copper for stated ounces of silver | lb     1        
Number of payable Silver ounces to be purchased per quantity of pounds of copper       444      
Ounces of silver receivable per every 1 million pounds of copper produced | lb     1        
Ounces Of Silver Delivered Under Threshold 2 Before Committed Quantities Reduces       7,432,750      
Karma              
Commitments              
Attributable payable production of gold to be purchased (as a percent)         4.875%    
Attributable payable production of silver to be purchased (as a percent)         0.00%    
Attributable payable production of platinum group metals to be purchased (as a percent)         0.00%    
Payment for each ounce of gold (as a percent)         20.00%    
Term of agreement 40 years            
Percentage of gold receivable after initial threshold is achieved 4.875%            
Percentage of spot price of gold on which on-going price is paid 20.00%            
Maximum ounces of gold receivable (per annum)       15,000      
Aggregate gold ounces delivered to increase the upfront deposit       5,625      
Gold ounces delivered to increase the upfront deposit (per quarter)       703      
Guadalupe-Palmarejo              
Commitments              
Attributable payable production of gold to be purchased (as a percent)         50.00%    
Attributable payable production of silver to be purchased (as a percent)         0.00%    
Attributable payable production of platinum group metals to be purchased (as a percent)         0.00%    
Payment for each ounce of gold (in dollars per ounce) | $ / oz   800          
Term of agreement 40 years            
Sabodala              
Commitments              
Attributable payable production of silver to be purchased (as a percent)         0.00%    
Attributable payable production of platinum group metals to be purchased (as a percent)         0.00%    
Payment for each ounce of gold (as a percent)         20.00%    
Term of agreement 40 years            
Maximum ounces of gold threshold       105,750      
Percentage of gold receivable after initial threshold is achieved 6.00%            
Percentage of spot price of gold on which on-going price is paid 20.00%            
Maximum ounces of gold receivable (per month)       783.33      
MWS              
Commitments              
Attributable payable production of gold to be purchased (as a percent)         25.00%    
Attributable payable production of silver to be purchased (as a percent)         0.00%    
Attributable payable production of platinum group metals to be purchased (as a percent)         0.00%    
Payment for each ounce of gold (in dollars per ounce) | $ / oz   400          
Term of agreement 40 years            
Ounces of gold capped under agreement       312,500      
Cooke 4              
Commitments              
Attributable payable production of gold to be purchased (as a percent)         7.00%    
Attributable payable production of silver to be purchased (as a percent)         0.00%    
Attributable payable production of platinum group metals to be purchased (as a percent)         0.00%    
Payment for each ounce of gold (in dollars per ounce) | $ / oz   400          
Term of agreement 40 years            
Sudbury              
Commitments              
Attributable payable production of gold to be purchased (as a percent)         50.00%    
Attributable payable production of silver to be purchased (as a percent)         0.00%    
Attributable payable production of platinum group metals to be purchased (as a percent)         50.00%    
Payment for each ounce of gold (in dollars per ounce) | $ / oz   400         800
Payment for each ounce of PGM (in dollars per ounce) | $ / oz   400          
Term of agreement 40 years            
Percentage of purchase commitment         50.00%