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Properties, Plant and Equipment
9 Months Ended
Sep. 30, 2014
Property, Plant and Equipment [Abstract]  
Properties, Plant and Equipment
Properties, Plant and Equipment
 
During the nine months ended September 30, 2014, the Company made capital expenditures totaling approximately $5 million. Approximately $1 million was primarily for the design and construction of the heap leach expansion and related infrastructure. Approximately $1 million was used to purchase multiple land lot properties throughout Storey and Lyon County including 5 lots near the mining and processing operation. The Company also incurred debt obligations to acquire mining vehicles and equipment with a cost of approximately $3 million. Depreciation expense for the three and nine month periods ended September 30, 2014 was $1.5 and $4.1 million, respectively.

During the nine months ended September 30, 2013, the Company acquired mining vehicles and equipment totaling $4.3 million under capital lease obligations, made capital expenditures of approximately $2.5 million primarily for the design and construction of heap leach expansion and Merrill Crowe upgrades, and sold vehicles with a gross book value of $3.2 million for a loss of $1 million.