Derivatives used as Hedging Instruments (Tables)

6 Months Ended

Jun. 30, 2016

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments [Table Text Block]

The following is a summary, by maturity dates, of the Company’s gold collar contracts outstanding as at June 30, 2016:

	2016
Gold zero cost collars:
Floor amount (ounces)		6,000
Average floor price	$	1,100
Ceiling amount (ounces)		6,000
Average ceiling price	$	1,320