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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Income Statement [Abstract]        
REVENUE - MINING $ 5,978,983 $ 6,811,516 $ 11,585,047 $ 10,479,438
REVENUE - HOSPITALITY 236,932 174,393 394,329 296,237
Total revenues 6,215,915 6,985,909 11,979,376 10,775,675
COST AND EXPENSES        
Costs applicable to mining revenue 5,466,762 8,233,818 10,229,663 12,069,915
Hospitality operating costs 304,846 253,583 591,145 459,923
Mine development, reclamation and exploration 2,068,740 2,336,948 3,994,695 4,425,812
General and administrative 1,476,336 1,826,513 3,668,307 5,223,138
Total cost and expenses 9,316,684 12,650,862 18,483,810 22,178,788
LOSS FROM OPERATIONS (3,100,769) (5,664,953) (6,504,434) (11,403,113)
OTHER INCOME (EXPENSE)        
Change in fair value of derivatives 18,373 81,787 (216,834) 519,601
Interest expense (307,204) (228,511) (493,534) (691,947)
Interest and other income 1,014 287,353 1,236 288,103
Total other income (expense), net (287,817) 140,629 (709,132) 115,757
NET LOSS (3,388,586) (5,524,324) (7,213,566) (11,287,356)
INCOME TAXES            
NET LOSS (3,388,586) (5,524,324) (7,213,566) (11,287,356)
DIVIDENDS ON CONVERTIBLE PREFERRED STOCK (957,307) (1,029,735) (1,915,025) (2,064,042)
NET LOSS AVAILABLE TO COMMON SHAREHOLDERS $ (4,345,893) $ (6,554,059) $ (9,128,591) $ (13,351,398)
Net loss per common share - basic (in dollars per share) $ (0.06) $ (0.11) $ (0.12) $ (0.24)
Net loss per common share - diluted (in dollars per share) $ (0.06) $ (0.11) $ (0.12) $ (0.24)
Weighted average common shares outstanding - basic (in shares) 76,592,200 57,443,706 74,192,028 54,571,012
Weighted average common shares outstanding - diluted (in shares) 76,592,200 57,443,706 74,192,028 54,571,012