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Revenue - Classification (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2025 | Jun. 30, 2024 | Jun. 30, 2025 | Jun. 30, 2024
Revenue |  |  |  |
Revenue from royalty, streams and working interests | $ 366.7 | $ 257.6 | $ 732.2 | $ 513.2
Interest revenue (Note 6a and b) | 2.7 | 2.2 | 5.6 | 3.1
Other interest income |  | 0.3 |  | 0.6
Total revenue | 369.4 | 260.1 | 737.8 | 516.9
Labrador Iron Ore Royalty Corporation |  |  |  |
Revenue |  |  |  |
Dividend income | 1.4 | 5.1 | 3.6 | 7.2
Revenue-based royalties |  |  |  |
Revenue |  |  |  |
Total revenue | 142.0 | 101.2 | 277.0 | 199.7
Streams |  |  |  |
Revenue |  |  |  |
Total revenue | 186.2 | 127.8 | 382.1 | 260.0
Profit-based royalties |  |  |  |
Revenue |  |  |  |
Total revenue | 28.1 | 17.9 | 53.8 | 31.9
Interest revenue and other |  |  |  |
Revenue |  |  |  |
Total revenue | 13.1 | 13.2 | 24.9 | 25.3
South America |  |  |  |
Revenue |  |  |  |
Total revenue | 140.7 | 93.6 | 292.2 | 194.4
Central America & Mexico |  |  |  |
Revenue |  |  |  |
Total revenue | 43.4 | 16.8 | 79.9 | 41.6
United States |  |  |  |
Revenue |  |  |  |
Total revenue | 60.8 | 51.2 | 119.0 | 98.0
Canada |  |  |  |
Revenue |  |  |  |
Total revenue | 72.7 | 51.3 | 137.6 | 91.5
Rest of World |  |  |  |
Revenue |  |  |  |
Total revenue | 51.8 | 47.2 | 109.1 | 91.4
Mining |  |  |  |
Revenue |  |  |  |
Total revenue | 369.4 | 260.1 | 737.8 | 516.9
Precious metals |  |  |  |
Revenue |  |  |  |
Total revenue | 304.0 | 193.0 | 594.7 | 387.0
Gold |  |  |  |
Revenue |  |  |  |
Total revenue | 258.4 | 156.9 | 504.2 | 317.8
Gain (loss) on provisional price adjustment | 0.0 | (0.1) | 0.1 | 0.0
Silver |  |  |  |
Revenue |  |  |  |
Total revenue | 38.1 | 28.1 | 75.2 | 53.0
Platinum group metals |  |  |  |
Revenue |  |  |  |
Total revenue | 7.5 | 8.0 | 15.3 | 16.2
Gain (loss) on provisional price adjustment | 0.0 | 0.2 | 0.4 | (0.1)
Energy and other mining commodity |  |  |  |
Revenue |  |  |  |
Total revenue | 366.7 | 257.6 | 732.2 | 513.2
Other mining |  |  |  |
Revenue |  |  |  |
Total revenue | 10.2 | 13.7 | 27.0 | 31.5
Other mining assets |  |  |  |
Revenue |  |  |  |
Total revenue | 3.0 | 1.7 | 7.4 | 4.7
Iron Ore |  |  |  |
Revenue |  |  |  |
Total revenue | 7.2 | 12.0 | 19.6 | 26.8
Energy |  |  |  |
Revenue |  |  |  |
Total revenue | 52.5 | 50.9 | 110.5 | 94.7
Oil |  |  |  |
Revenue |  |  |  |
Total revenue | 30.6 | 35.9 | 65.5 | 62.1
Gas |  |  |  |
Revenue |  |  |  |
Total revenue | 16.9 | 10.8 | 34.3 | 23.1
Natural gas liquids |  |  |  |
Revenue |  |  |  |
Total revenue | $ 5.0 | $ 4.2 | $ 10.7 | $ 9.5

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