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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Income Statement [Abstract]        
REVENUE - MINING $ 6,513,348 $ 6,607,132 $ 18,098,395 $ 17,086,569
REVENUE - HOSPITALITY 274,201 211,646 668,530 507,883
Total revenues 6,787,549 6,818,778 18,766,925 17,594,452
COST AND EXPENSES        
Costs applicable to mining revenue 4,377,791 6,371,224 14,607,454 18,441,139
Hospitality operating costs 331,613 313,653 922,758 773,577
Mine development, reclamation and exploration 1,999,265 1,839,832 5,993,960 6,265,644
General and administrative 1,509,494 2,736,814 5,177,802 7,959,953
Total cost and expenses 8,218,163 11,261,523 26,701,974 33,440,313
LOSS FROM OPERATIONS (1,430,614) (4,442,745) (7,935,049) (15,845,861)
OTHER INCOME (EXPENSE)        
Change in fair value of derivatives (366,011) 25,080 (582,845) 544,681
Interest expense (264,323) (100,896) (757,857) (792,842)
Interest and other income 1,012,190 301 1,013,426 1,870
Gain on settlement of debt obligations     0 286,535
Total other income (expense), net 381,856 (75,515) (327,276) 40,244
NET LOSS (1,048,758) (4,518,260) (8,262,325) (15,805,617)
INCOME TAXES 0 0 0 0
NET LOSS (1,048,758) (4,518,260) (8,262,325) (15,805,617)
DIVIDENDS ON CONVERTIBLE PREFERRED STOCK (931,680) (973,123) (2,802,769) (3,037,165)
NET LOSS AVAILABLE TO COMMON SHAREHOLDERS $ (1,980,438) $ (5,491,383) $ (11,065,094) $ (18,842,782)
Net loss per common share – basic $ (0.02) $ (0.09) $ (0.14) $ (0.33)
Net loss per common share – diluted $ (0.02) $ (0.09) $ (0.14) $ (0.33)
Weighted average common shares outstanding — basic 82,912,805 63,981,943 77,065,692 57,742,461
Weighted average common shares outstanding — diluted 82,912,805 63,981,943 77,065,692 57,742,461