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Royalty, Stream and Working Interests - Royalties, Streams and Working Interests (Details) - USD ($) $ in Millions | Jun. 30, 2025 | Dec. 31, 2024 | Dec. 31, 2023
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Royalty, stream and working interests |  |  |
Royalty, stream and working interests, net | $ 5,899.8 | $ 4,098.8 | $ 4,027.1
Royalty, stream and working interest, net depletable | 4,717.9 | 2,962.4 |
Royalty, stream and working interest, net non-depletable | 1,181.9 | 1,136.4 |
Cost |  |  |
Royalty, stream and working interests |  |  |
Royalty, stream and working interests, net | 11,293.3 | 9,332.3 |
Accumulated depletion |  |  |
Royalty, stream and working interests |  |  |
Royalty, stream and working interests, net | (5,397.6) | (5,233.5) |
Impairments (losses) reversals |  |  |
Royalty, stream and working interests |  |  |
Royalty, stream and working interests, net | 4.1 |  |
Mining Royalties |  |  |
Royalty, stream and working interests |  |  |
Royalty, stream and working interests, net | 2,393.8 | 1,034.3 | 948.7
Mining Royalties | Cost |  |  |
Royalty, stream and working interests |  |  |
Royalty, stream and working interests, net | 3,218.7 | 1,818.7 |
Mining Royalties | Accumulated depletion |  |  |
Royalty, stream and working interests |  |  |
Royalty, stream and working interests, net | (824.9) | (784.4) |
Streams |  |  |
Royalty, stream and working interests |  |  |
Royalty, stream and working interests, net | 1,707.2 | 1,273.3 | 1,359.0
Streams | Cost |  |  |
Royalty, stream and working interests |  |  |
Royalty, stream and working interests, net | 5,300.5 | 4,801.5 |
Streams | Accumulated depletion |  |  |
Royalty, stream and working interests |  |  |
Royalty, stream and working interests, net | (3,597.4) | (3,528.2) |
Streams | Impairments (losses) reversals |  |  |
Royalty, stream and working interests |  |  |
Royalty, stream and working interests, net | 4.1 |  |
Energy |  |  |
Royalty, stream and working interests |  |  |
Royalty, stream and working interests, net | 1,185.4 | 1,197.8 | 1,146.4
Energy | Cost |  |  |
Royalty, stream and working interests |  |  |
Royalty, stream and working interests, net | 2,095.6 | 2,055.2 |
Energy | Accumulated depletion |  |  |
Royalty, stream and working interests |  |  |
Royalty, stream and working interests, net | (910.2) | (857.4) |
Advanced |  |  |
Royalty, stream and working interests |  |  |
Royalty, stream and working interests, net | 359.4 | 343.4 | 396.0
Advanced | Cost |  |  |
Royalty, stream and working interests |  |  |
Royalty, stream and working interests, net | 406.4 | 389.2 |
Advanced | Accumulated depletion |  |  |
Royalty, stream and working interests |  |  |
Royalty, stream and working interests, net | (47.0) | (45.8) |
Exploration |  |  |
Royalty, stream and working interests |  |  |
Royalty, stream and working interests, net | 254.0 | 250.0 | $ 177.0
Exploration | Cost |  |  |
Royalty, stream and working interests |  |  |
Royalty, stream and working interests, net | 272.1 | 267.7 |
Exploration | Accumulated depletion |  |  |
Royalty, stream and working interests |  |  |
Royalty, stream and working interests, net | $ (18.1) | $ (17.7) |

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