Related Party Transactions

3 Months Ended

Mar. 31, 2013

Related Party Transactions [Abstract]

Related Party Transactions

Related Party Transactions

Total sales by TCM to Sojitz, TCM's Endako Mine joint venture partner, were $15.3 million and $17.3 million for the three months ended March 31, 2013 and 2012, respectively. This represented 14.1% and 15.2% of TCM's total revenues for the three months ended March 31, 2013 and 2012, respectively.

For the three months ended March 31, 2013 and 2012, TCM recorded management fee income of nil and $0.1 million and selling and marketing costs of $0.1 million and $0.2 million, respectively, from Sojitz.

As of March 31, 2013 and December 31, 2012, TCM's related accounts receivable owing from Sojitz were $3.7 million and $6.4 million, respectively.