OTHER ASSETS (Tables)

12 Months Ended

Dec. 31, 2011

OTHER ASSETS

Schedule of other current assets

	2011		2010
Federal, provincial and other sales taxes receivable	$	51,603	$	63,553
Prepaid expenses		25,540		10,449
Meadowbank insurance receivable		8,765		—
Prepaid royalty(i)		7,684		5,282
Employee loans receivable		5,567		4,498
Other		11,210		5,191
Government refundables for local community improvements		—		803
	$	110,369	$	89,776

• • (i)

    The prepaid royalty relates to the Pinos Altos mine in Mexico.

Schedule of available-for-sale securities

	2011			2010
Available-for-sale securities in an unrealized gain position
Cost (net of impairments)	$	127,344		$	50,958
Unrealized gains in accumulated other comprehensive income		16,408			48,151
Estimated fair value		143,752			99,109
Available-for-sale securities in an unrealized loss position
Cost (net of impairments)		1,717			—
Unrealized losses in accumulated other comprehensive income		(58	)		—
Estimated fair value		1,659			—
Total estimated fair value of available-for-sale securities	$	145,411		$	99,109

Schedule of other non-current assets

	2011		2010
Deferred financing costs, less accumulated amortization of $5,809 (2010 — $2,249)	$	15,777	$	16,780
Long-term ore in stockpile(i)		64,392		27,409
Prepaid royalty(ii)		—		8,777
Other		7,879		8,536
	$	88,048	$	61,502

• • (i)

    Due to the structure of the Goldex mine, Pinos Altos mine, Kittila mine, and Meadowbank mine ore bodies, a significant amount of drilling and blasting is incurred in the early years of its mine life resulting in a long-term stockpile. The value of the stockpile at December 31, 2011 is nil (2010 — $15.0 million) for the Goldex mine, $7.1 million (2010 — $12.4 million) for the Pinos Altos mine, $8.0 million (2010 — nil) for the Kittila mine and $49.3 million (2010 — nil) for the Meadowbank mine.
    
    

    (ii)

    The prepaid royalty relates to the Pinos Altos mine in Mexico.