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Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2024

Segment Reporting

Schedule of reportable segments for purposes of assessing performance


		For the three months ended June 30,
		2024										2023
		Mining			Energy			Total				Mining			Energy			Total
Revenue
Revenue from royalty, streams and working interests		$	206.7		$	50.9		$	257.6			$	274.4		$	55.5		$	329.9
Interest revenue			2.2			—			2.2				—			—			—
Other interest income			0.3			—			0.3				—			—			—
Total Revenue		$	209.2		$	50.9		$	260.1			$	274.4		$	55.5		$	329.9

Expenses
Costs of sales		$	26.6		$	2.5		$	29.1			$	43.8		$	3.3		$	47.1
Depletion and depreciation			38.2			13.7			51.9				56.6			18.3			74.9
Segment gross profit		$	144.4		$	34.7		$	179.1			$	174.0		$	33.9		$	207.9


		For the six months ended June 30,
		2024										2023
		Mining			Energy			Total				Mining			Energy			Total
Revenue
Revenue from royalty, streams and working interests		$	418.5		$	94.7		$	513.2			$	501.7		$	104.5		$	606.2
Interest revenue			3.1			—			3.1				—			—			—
Other interest income			0.6			—			0.6				—			—			—
Total Revenue		$	422.2		$	94.7		$	516.9			$	501.7		$	104.5		$	606.2

Expenses
Costs of sales		$	57.2		$	5.5		$	62.7			$	79.2		$	6.1		$	85.3
Depletion and depreciation			79.5			30.4			109.9				103.4			32.4			135.8
Segment gross profit		$	285.5		$	58.8		$	344.3			$	319.1		$	66.0		$	385.1

Schedule of geographical revenue and royalty, stream and working interests information


			For the three months ended								For the six months ended
			June 30,								June 30,
			2024				2023				2024				2023
Total segment gross profit		$	179.1			$	207.9			$	344.3			$	385.1

Other operating expenses (income)
General and administrative expenses		$	8.4			$	6.2			$	14.1			$	12.4
Share-based compensation expense			1.8				2.4				4.6				5.6
Gain on disposal of royalty interests			—				—				(0.3)				(3.7)
Gain on sale of gold bullion			(1.1)				(1.4)				(2.5)				(2.1)
Depreciation			1.0				0.2				1.1				0.3
Foreign exchange loss (gain) and other expenses (income)			9.8				(1.7)				11.4				(3.9)
Income before finance items and income taxes		$	159.2			$	202.2			$	315.9			$	376.5

Finance items
Finance income		$	16.2			$	10.0			$	32.2			$	20.5
Finance expenses			(0.6)				(0.7)				(1.2)				(1.4)
Net income before income taxes		$	174.8			$	211.5			$	346.9			$	395.6