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Properties, Plant and Equipment, Net
6 Months Ended
Jun. 30, 2013
Properties, Plant and Equipment, Net [Abstract]  
Properties, Plant and Equipment, Net

3. Properties, Plant and Equipment, Net

 

During the six months ended June 30, 2013, the Company sold vehicles previously used in mining operations with a gross book value of $3,165,746 for a loss of $1,015,496. The loss is included in general and administrative expenses in the condensed consolidated statement of operations.

 

For the six months ended June 30, 2013, the Company made capital expenditures totaling $1,262,027, primarily for the design and construction of our planned heap leach expansion and for certain Merrill Crowe and related infrastructure upgrades.