XML 119 R77.htm IDEA: XBRL DOCUMENT v3.20.1

GOLD STREAM OBLIGATION - Additional Information (Details) $ in Millions	12 Months Ended
	Dec. 31, 2019 USD ($) oz
GOLD STREAM OBLIGATION
Transaction price allocated to remaining performance obligations | $	$ 175
Gold stream obligation, rate of gold production to be delivered for initial threshold	6.50%
Gold stream obligation initial threshold quantity	230,000
Gold stream obligation rate of gold production to be delivered after initial threshold	3.25%
Gold stream obligation, rate of silver production to be delivered for initial threshold	60.00%
Gold stream obligation, silver production, initial threshold quantity	3,100,000
Gold stream obligation, rate of silver production to be delivered after initial threshold	30.00%
Average spot rate of gold or silver	25.00%
Term of the agreement	40 years

X

- Definition

The amount of the transaction price allocated to the performance obligations that are unsatisfied (or partially unsatisfied) as of the end of the reporting period. The transaction price is the amount of consideration to which an entity expects to be entitled in exchange for transferring promised goods or services to a customer, excluding amounts collected on behalf of third parties (for example, some sales taxes). [Refer: Performance obligations [member]]

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 15
-IssueDate 2019-01-01
-Paragraph 120
-Subparagraph a
-URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=15&code=ifrs-tx-2019-en-r&anchor=para_120_a&doctype=Standard
-URIDate 2019-03-27

+ Details

Name:	ifrs-full_TransactionPriceAllocatedToRemainingPerformanceObligations
Namespace Prefix:	ifrs-full_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

X

- Definition

It represents the price, Royal Gold will pay New Gold for the ounces delivered.

+ References

No definition available.

+ Details

Name:	ngd_AverageSpotRateOfGoldOrSilver
Namespace Prefix:	ngd_
Data Type:	num:percentItemType
Balance Type:	na
Period Type:	instant

X

- References

No definition available.

+ Details

Name:	ngd_GoldStreamObligationAbstract
Namespace Prefix:	ngd_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Represents the first threshold quantity of gold production after entering into the transaction.

+ References

No definition available.

+ Details

Name:	ngd_GoldStreamObligationInitialThresholdQuantity
Namespace Prefix:	ngd_
Data Type:	xbrli:integerItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The percentage rate of gold production which will be delivered for the initial threshold after initial threshold.

+ References

No definition available.

+ Details

Name:	ngd_GoldStreamObligationRateOfGoldProductionToBeDeliveredAfterInitialThreshold
Namespace Prefix:	ngd_
Data Type:	num:percentItemType
Balance Type:	na
Period Type:	instant

X

- Definition

The percentage rate of gold production which will be delivered for the initial threshold after entering into the transaction.

+ References

No definition available.

+ Details

Name:	ngd_GoldStreamObligationRateOfGoldProductionToBeDeliveredForInitialThreshold
Namespace Prefix:	ngd_
Data Type:	num:percentItemType
Balance Type:	na
Period Type:	instant

X

- Definition

The percentage rate of silver production which will be delivered for the initial threshold after initial threshold.

+ References

No definition available.

+ Details

Name:	ngd_GoldStreamObligationRateOfSilverProductionToBeDeliveredAfterInitialThreshold
Namespace Prefix:	ngd_
Data Type:	num:percentItemType
Balance Type:	na
Period Type:	instant

X

- Definition

The percentage rate of Silver production which will be delivered for the initial threshold after entering into the transaction.

+ References

No definition available.

+ Details

Name:	ngd_GoldStreamObligationRateOfSilverProductionToBeDeliveredForInitialThreshold
Namespace Prefix:	ngd_
Data Type:	num:percentItemType
Balance Type:	na
Period Type:	instant

X

- Definition

Represents the first threshold quantity of silver production after entering into the transaction.

+ References

No definition available.

+ Details

Name:	ngd_GoldStreamObligationSilverProductionInitialThresholdQuantity
Namespace Prefix:	ngd_
Data Type:	xbrli:integerItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The term of the agreement which is entered with the wholly-owned subsidiary.

+ References

No definition available.

+ Details

Name:	ngd_TermOfAgreement
Namespace Prefix:	ngd_
Data Type:	xbrli:durationItemType
Balance Type:	na
Period Type:	duration