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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities    
Net income (loss) $ 552.1 $ (466.4)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depletion and depreciation 225.3 273.1
Share-based compensation expenses 5.4 5.5
Impairment losses   1,173.3
Gain on disposal of royalty interests (0.3) (3.7)
Unrealized foreign exchange loss (gain) 12.9 (2.8)
Deferred income tax expense 66.3 26.6
Other non-cash items (6.1) (3.7)
Gold and silver bullion from royalties received in-kind (72.7) (56.2)
Proceeds from sale of gold and sliver bullion 42.6 36.8
Changes in other assets (17.4) 2.6
Operating cash flows before changes in non-cash working capital 808.1 985.1
Changes in non-cash working capital:    
(Increase) decrease in receivables (40.8) 24.7
Decrease (increase) in stream inventory, prepaid expenses and other 15.6 (8.0)
Increase (decrease) in current liabilities 46.6 (10.6)
Net cash provided by operating activities 829.5 991.2
Cash flows used in investing activities    
Acquisition of royalty, stream and working interests (406.0) (520.0)
Advances of loans receivable (118.2) (18.7)
Acquisition of investments (74.5) (9.8)
Proceeds from repayment of loan receivable 28.9  
Proceeds from sale of investments 23.3 2.0
Proceeds from disposal of royalty interests 11.2 7.0
Acquisition of energy well equipment (1.8) (1.6)
Acquisition of property and equipment (0.2)  
Net cash used in investing activities (537.3) (541.1)
Cash flows used in financing activities    
Payment of dividends (242.4) (233.0)
Proceeds from exercise of stock options 2.8 2.9
Revolving credit facility amendment costs (0.8)  
Net cash used in financing activities (240.4) (230.1)
Effect of exchange rate changes on cash and cash equivalents (22.4) 5.4
Net change in cash and cash equivalents 29.4 225.4
Cash and cash equivalents at beginning of year 1,421.9 1,196.5
Cash and cash equivalents at end of year 1,451.3 1,421.9
Supplemental cash flow information:    
Income taxes paid 73.8 88.1
Dividend income received 12.6 13.2
Interest and standby fees paid $ 2.1 $ 2.3