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Segmented Information (Tables)
 12 Months Ended
Dec. 31, 2022
Text block1 [abstract]  
Summary of Company's Reportable Operating Segments
The Company’s reportable operating segments, which are components of the Company’s business where separate financial information is available and which are evaluated on a regular basis by the Company’s Chief Executive Officer, who
is
the Company’s chief operating decision maker, for the purpose of assessing performance, are summarized in the tables below:
For the year ended December 31, 2022:
 
  In $000s
  
Product
 
 
Sales
 
 
Royalty
revenue
 
 
Cost of
sales
    excluding
depletion
 
 
    Depletion
 
 
    Stream, royalty
and other
interests
impairments
 
 
Gain on
disposal of
    Stream, royalty
and other
interests and
Other
 
 
    Income
(loss)
before
taxes
 
 
        Cash flows
from
operating
activities
 
                   
Antamina, Peru
1
      Various     $ -     $ 4,269     $ -     $ 5,676     $ -     $ -     $ (1,407 )    $ 1,069  
                   
Aurizona, Brazil
      Gold       -       6,925       -       379       -       -       6,546       7,925  
                   
Blyvoor, South Africa
      Gold       2,589       -       1,199       787       -       -       603       2,083  
                   
Bonikro, Cote D’Ivoire
      Gold       5,243       -       2,422       3,106       -       -       (285 )      3,742  
                   
Caserones, Chile
      Copper       -       2,615       -       1,656       -       -       959       2,747  
                   
Chapada, Brazil
      Copper       16,016       -       4,828       3,060       -       -       8,128       11,188  
                   
Diavik, Canada
 
Diamonds
 
 
  -       8,206       -       2,491       -       -  

5,715       8,056
                   
Fruta del Norte, Ecuador
      Gold       -       6,546       -       2,416       -       -       4,130       4,757  
                   
Houndé, Burkina Faso
      Gold       -       5,815       -       2,159       -       -       3,656       3,547  
                   
Mercedes, Mexico
2
      Various       14,934       -       2,001       8,144       -       -       4,789       11,669  
                   
Relief Canyon, United States
      Gold       10,891       -       -       5,121       -       -       5,770       10,891  
                   
Vale Royalties, Brazil
      Iron Ore       -       7,813       -       2,537       -       -       5,276       7,618  
                   
Vatukoula, Fiji
      Gold       4,503       -       899       2,348       -       (2,396 )      3,652       3,604  
                   
Yamana silver stream, Argentina
      Silver       27,804       -       8,323       11,994       -       -       7,487       19,480  
                   
Other
3
      Various       15,835       8,728       3,694       7,906       1,086       (23,437 )      35,314       21,003  
                   
Total Segments
           
$
97,815
 
  
$
50,917
 
  
$
23,366
 
  
$
59,780
 
  
$
1,086
 
  
$
(25,833
) 
  
$
90,333
 
  
$
119,379
 
                   
Corporate:
                                                                         
                   
Administration & Project evaluation expenses
            $ -     $ -     $ -     $ -     $ -     $ -     $         (20,828 )    $ (14,269 ) 
                   
Foreign exchange loss
              -       -       -       -       -       -       (790 )      -  
                   
Gain on revaluation of investments
              -       -       -       -       -       -       1,756       -  
                   
Finance (expense) income, net
              -       -       -       -       -       -       (16,477 )      871  
                   
Gain on disposal of investment in associate
              -       -       -       -       -       (37,396 )      37,396       -  
Share of net loss of associates
  
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
(3,654
 )
 
 
 
-
 
Other
              -       -       -       -       -       3,621       33       935  
                   
Total Corporate
           
$
-
 
  
$
-
 
  
$
-
 
  
$
-
 
  
$
-
 
  
$
(33,775
) 
  
$
(2,564
) 
  
$
(12,463
) 
                   
Consolidated
           
$
        97,815
 
  
$
        50,917
 
  
$
        23,366
 
  
$
        59,780
 
  
$
        1,086
 
  
$
        (59,608
) 
  
$
87,769
 
  
$
        106,916
 
 
1
Royalty revenue from Antamina consists of $2.9 million from copper, $0.2 million from silver and $1.2 million from other base metals.
2
Revenue from Mercedes consists of $12.4 million from gold and $2.5 million from silver.
3
Where a Stream, royalty and other
interest
represents less than 10% of the Company’s sales, gross margin or aggregate asset book value and represents an interest on gold, silver or other metal, the interest has been summarized under Other. Other includes Highland Valley, Santa Elena, Black Fox, Karma, CEZinc, Gualcamayo, Thunder Creek, Mine Waste Solutions, HM Claim, and others. Includes revenue from Stream, royalty and other interests located in Canada of $15.3 million, Mexico of $4.8 million, and other of $4.5 million. Includes revenue from gold of $17.7 million, other base metals of $5.6 million and copper of $1.3 million.
 
For the year ended December 31, 2021:

  In $000s
  
Product
 
  
Sales
 
  
Royalty
revenue
 
  
Cost of
sales
    excluding
depletion
 
  
    Depletion
 
  
    Stream, royalty
and other
interests
impairments
 
  
Gain on
revaluation of
    Vale Royalties
financial
instrument
 
 
    Income
(loss)
before
taxes
 
 
        Cash flows
from
operating
activities
 
                   
Aurizona, Brazil
      Gold      $ -      $ 9,844      $ -      $ 815      $ -     $ -      $ 9,029     $ 9,444  
                   
Chapada, Brazil
      Copper        15,118        -        4,541        2,963        -       -        7,614       10,577  
                   
Diavik, Canada

Diamonds
 
      -        7,647        -        3,372        -       -        4,275       7,097  
                   
Fruta del Norte, Ecuador
      Gold        -        6,367        -        2,304        -       -        4,063       4,465  
                   
Houndé, Burkina Faso
      Gold        -        3,803        -        1,610        -       -        2,193       3,802  
                   
Relief Canyon, United States
      Gold        10,499        -        -        4,711        -       -        5,788       10,499  
                   
Vale Royalties, Brazil
      Iron Ore        -        4,398        -        1,444        -       (5,887 )       8,841       198  
                   
Yamana silver stream, Argentina
      Silver        25,460        -        7,603        10,415        -       -        7,442       17,857  
                   
Other
1
      Various        20,645        11,079        4,701        8,070        408       -        18,545       27,096  
                   
Total Segments
            
$
    71,722
 
   
$
    43,138
 
   
$
    16,845
 
   
$
35,704
 
   
$
408
 
  
$
(5,887
 )
 
   
$
67,790
 
  
$
91,035
 
                   
Corporate:
                                                                               
                   
Administration & Project evaluation expenses
             $ -      $ -      $ -      $ -      $ -     $ -      $ (17,968 )    $ (11,492 ) 
                   
Foreign exchange loss
               -        -        -        -        -       -        (645 )      -  
                   
Loss on revaluation of investments
               -        -        -        -        -       -        (1,659 )      -  
                   
Finance (expense) income, net
               -        -        -        -        -       -        (1,654 )      38  
Share of net loss of associates
  
      
  
 
-
 
  
 
-
 
  
 
-
 
  
 
-
 
  
 
-
 
  
 
-
 
 
 
(943
 )
 
 
 
-
 
                   
Other
               -        -        -        -        -       -        (68 )      1,558  
Total Corporate
            
$
-
 
   
$
-
 
   
$
-
 
   
$
-
 
   
$
-
 
  
$
-
 
   
$
(22,937
) 
  
$
(9,896
) 
                   
Consolidated
            
$
71,722
 
   
$
43,138
 
   
$
16,845
 
   
$
35,704
 
   
$
408
 
  
$
(5,887
 )   
$
44,853
 
  
$
81,139
 
 
1
Where a Stream, royalty and other interest represents less than 10% of the Company’s sales, gross margin or aggregate asset book value and represents an interest on gold, silver or other metal, the interest has been summarized under Other. Other includes revenue from Santa Elena, Black Fox, Karma, Gualcamayo, Thunder Creek, Mine Waste Solutions, HM Claim, and others. Includes revenue from Stream, royalty and other interests located in Canada of $14.5 million, Mexico of
 
$10.9 million and other of $6.3 million. Includes revenue from gold of $25.7 million, other base metals of $3.3 million and copper of $2.7 million. Reportable segments that have not met the criteria for separate disclosure in the current period have been included in Other for the current and prior period.
 
Total assets as of:
 
  In $000s
   
            December 31, 2022
     
            December 31, 2021
  
     
Antamina
    $ 339,751      $ -  
     
Aurizona
      9,745        11,124  
     
Blyvoor
      105,545        -  
     
Bonikro
      35,306        -  
     
Caserones
      82,800        -  
     
Chapada
      46,656        49,709  
     
Diavik
      5,401        7,742  
     
Fruta del Norte
      28,658        31,174  
     
Greenstone
      107,234        -  
     
Horne 5
      78,934        -  
     
Hod Maden
1
      206,969        69,131  
     
Houndé
      30,037        31,179  
     
Hugo North Extension and Heruga
2
      35,352        56,628  
     
Mercedes
      64,945        -  
     
Platreef
      186,640        -  
     
Relief Canyon
      13,796        18,910  
     
Vale Royalties
      116,856        120,543  
     
Vatukoula
      14,886        27,716  
     
Yamana silver stream
      25,969        37,954  
     
Other
3
      264,261        108,229  
     
Total Segments
   
$
1,799,741
 
   
$
570,039
 
     
Corporate:
                  
     
Cash and cash equivalents
    $ 7,029      $ 16,166  
     
Investments
      129,890        29,057  
     
Other assets
4
      38,117        5,596  
     
Total Corporate
   
$
175,036
 
   
$
50,819
 
     
Consolidated
   
$
1,974,777
 
   
$
620,858
 
 
1
Includes Stream, royalty and other interests of $207.0 million at December 3
1
, 2022. Includes royalty interest of $5.8 million and investment in associate of $63.3 million at December 31, 2021.
2
Includes
S
tream interest of $35.4 million at December 3
1
, 2022. Includes Stream interest of $35.4 million and investment in associate of $21.3 million at December 31, 2021.
3
Where a Stream, royalty and other interest represents less than 10% of the Company’s sales, gross margin or aggregate asset book value and represents an interest on gold, silver or other metal, the interest has been summarized under Other. Includes Santa Elena, Black Fox, Karma, Highland Valley, El Pilar, Cortez Complex (Robertson Deposit), Troilus, CEZinc, Gualcamayo, Thunder Creek, Mine Waste Solutions, Lobo-Marte, Agi Dagi & Kirazli, HM Claim, and others. Reportable segments that have not met the criteria for separate disclosure in the current period have been included in Other for the current and prior period.
4
Includes Sandbox and Horizon Copper investments in associates. 
Non-current Assets by Geographical Region
Non-current
assets by geographical region as of:
 
  In $000s
   
                December 31, 2022
1
     
                    December 31, 2021
1
  
     
North America
                  
     
Canada
    $ 296,794      $ 45,917  
     
Mexico
      79,852        4,034    
 
 

USA
      68,496        41,660  
     
                   
     
South & Central America
                  
     
Peru
    $ 338,042      $
-

  
     
Brazil
      186,740        177,640  
     
Chile
      83,482        2,460  
     
Argentina
      58,493        51,627  
     
Ecuador
      27,259        29,675  
     
French Guiana
      5,160        5,160  
     
Africa
                  
     
South Africa
    $ 294,707      $ 2,745  
     
Burkina Faso
      35,927        38,565  
     
Cote D’Ivoire
      34,667       
-
     
 
 
 
 
 
 
 
 
 
Other
                  
     
Turkey
    $ 210,888      $ 72,917  
     
Mongolia
      35,995        57,271  
     
Australia
      16,982        3,220  
     
Fiji
      14,886        27,590  
     
Other
      298        2,717  
     
Consolidated
   
$
1,788,668
     
$
563,198
  
 
 
1
Includes Stream, royalty and other interests and Other long-term assets at December 31, 2022. Includes Stream, royalty and other interests, Investments in associates and Other long-term assets at December 31, 2021.