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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities    
Net (loss) income $ (466.4) $ 700.6
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depletion and depreciation 273.1 286.2
Share-based compensation expenses 5.5 8.2
Changes in fair value of financial instruments (11.3) (0.4)
Impairment losses 1,173.3  
Gain on sale of royalty interest (3.7)  
Unrealized foreign exchange (gain) loss (2.8) 3.3
Deferred income tax expense 26.6 37.4
Other non-cash items (3.7) (3.1)
Acquisition of gold bullion (56.2) (46.7)
Proceeds from sale of gold bullion 36.8 51.6
Changes in other assets 13.9 (26.7)
Operating cash flows before changes in non-cash working capital 985.1 1,010.4
Changes in non-cash working capital:    
Decrease (increase) in receivables 24.7 (15.9)
Increase in prepaid expenses and other (8.0) (3.2)
(Decrease) increase in current liabilities (10.6) 8.2
Net cash provided by operating activities 991.2 999.5
Cash flows used in investing activities    
Acquisition of royalty, stream and working interests (520.0) (139.6)
Proceeds from sale of royalty interest 7.0  
Acquisition of investments (9.8) (48.5)
Proceeds from sale of investments 2.0 1.8
Investment in loan receivable (18.7)  
Proceeds from loan receivable   42.7
Acquisition of energy well equipment (1.6) (1.9)
Net cash used in investing activities (541.1) (145.5)
Cash flows used in financing activities    
Payment of dividends (233.0) (197.6)
Proceeds from exercise of stock options 2.9 9.5
Credit facility amendment costs   (0.9)
Net cash used in financing activities (230.1) (189.0)
Effect of exchange rate changes on cash and cash equivalents 5.4 (7.8)
Net change in cash and cash equivalents 225.4 657.2
Cash and cash equivalents at beginning of year 1,196.5 539.3
Cash and cash equivalents at end of year 1,421.9 1,196.5
Supplemental cash flow information:    
Income taxes paid 88.1 95.1
Dividend income received 13.2 19.7
Interest and standby fees paid $ 2.3 $ 2.4