Condensed Consolidated Interim Balance Sheets - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Current assets:
Cash	$ 18,666,119	$ 37,587,311
Receivables	26,660	23,962
Inventory (Note 2)	8,520,112	1,935,599
Prepaid expenses and other current assets	277,918	432,353
Total current assets	27,490,809	39,979,225
Property, plant, equipment and mineral interests (Note 3)	136,024,353	128,562,572
Reclamation financial assurance deposit (Note 5)	0	902,382
Total Assets	163,515,162	169,444,179
Current liabilities:
Accounts payable and accrued liabilities (Note 7(i))	3,024,231	3,258,692
Interest payable (Note 7(ii))	1,013,346	969,645
Notes payable (Note 7(ii))	39,248,747	36,053,012
Current portion of loan payable (Note 12)	4,811,477	4,942,716
Derivative liability - Warrants (Note 7(iii))	8,072,628	2,498,269
Derivative liability- Hedging instruments (Note 8)	321,634	0
Total current liabilities	56,492,063	47,722,334
Asset retirement obligations (Note 5)	1,171,845	978,453
Loan payable (Note 12)	11,378,969	13,430,107
Deferred tax liability	12,922,000	12,922,000
Total liabilities	81,964,877	75,052,894
Temporary Equity
Redeemable portion of non-controlling interest (Note 7(v))	26,398,125	27,123,741
Shareholders' Equity
Common shares, no par value, unlimited shares authorized (2015 -unlimited); 99,928,683 (2015 - 99,928,683) shares issued and outstanding (Note 4)	62,860,443	62,860,443
Additional paid-in capital	43,635,109	43,627,511
Deficit accumulated	(90,940,578)	(79,906,021)
Total shareholders’ equity attributable to GQM Ltd.	15,554,974	26,581,933
Non-controlling interest (Note 7(v))	39,597,186	40,685,611
Total Shareholders’ Equity	55,152,160	67,267,544
Total Liabilities, Temporary Equity and Shareholders’ Equity	$ 163,515,162	$ 169,444,179