XML 36 R43.htm IDEA: XBRL DOCUMENT v2.4.0.8
FINANCIAL INSTRUMENTS (Details) (USD $)
3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2012
Zinc
Jun. 30, 2013
Zinc
item
Dec. 31, 2012
Zinc
item
Jun. 30, 2013
Copper
item
Jun. 30, 2013
Heating oil
item
Jun. 30, 2012
Heating oil
Jun. 30, 2013
Heating oil
item
Jun. 30, 2012
Heating oil
Jun. 30, 2013
Foreign exchange zero cost collar
Designated as hedges
Jun. 30, 2013
Foreign exchange zero cost collar
Designated as hedges
2013 expenditures
Jun. 30, 2013
Foreign exchange zero cost collar
Designated as hedges
2013 expenditures
Jun. 30, 2013
Call Options Written
item
Jun. 30, 2012
Call Options Written
item
Jun. 30, 2013
Call Options Written
item
Jun. 30, 2012
Call Options Written
item
Jun. 30, 2013
Expected 2013 diesel fuel exposure
Designated as hedges
Heating oil
gal
Jun. 30, 2013
Foreign exchange, heating oil and other derivative financial instruments
Jun. 30, 2012
Foreign exchange, heating oil and other derivative financial instruments
Jun. 30, 2013
Foreign exchange, heating oil and other derivative financial instruments
Jun. 30, 2012
Foreign exchange, heating oil and other derivative financial instruments
Jun. 30, 2013
Foreign exchange derivative
Jun. 30, 2012
Foreign exchange derivative
Jun. 30, 2013
Foreign exchange derivative
Jun. 30, 2012
Foreign exchange derivative
Jun. 30, 2013
Heating oil derivative
Jun. 30, 2012
Heating oil derivative
Jun. 30, 2013
Heating oil derivative
Jun. 30, 2012
Heating oil derivative
Jun. 30, 2012
Other derivative
Jun. 30, 2012
Other derivative
Jun. 30, 2013
Equity derivative
Jun. 30, 2013
Equity derivative
Financial instruments                                                                        
Net premium payable to counterparty                                                                         
Amount of expenditures hedged                           120,000,000 120,000,000                                          
Number of derivative instruments outstanding           0 0 0               0 0 0 0                                  
Notional amount                                       500,000                                
Average price (in dollars per gallon)                                       2.45                                
Percentage of Meadowbank's expected exposure                                       3.00%                                
Number of derivative instruments expired                 0   0                                                  
Changes in AOCL balances recorded in the interim consolidated financial statements pertaining to derivative financial instruments                                                                        
Accumulated other comprehensive (loss) income, beginning of period     (27,311,000)                                   (169,000) 2,360,000 (260,000) (4,404,000)                        
Other comprehensive (loss) income                                                 (1,846,000) (5,192,000) (1,765,000) 2,082,000 (86,000) 46,000 (86,000) 46,000 (394,000) (394,000)    
Reclassification to the interim unaudited consolidated statements of income (loss)                                         10,000 527,000 20,000 17,000                        
Accumulated other comprehensive (loss) income, end of period (21,132,000)   (21,132,000)                                   (2,091,000) (2,653,000) (2,091,000) (2,653,000)                        
Loss (gain) on derivative financial instruments                                                                        
Premiums realized on written foreign exchange call option                               789,000 608,000 1,473,000 1,027,000                                  
Mark-to-market loss                           (1,800,000) (1,800,000)                                       (2,725,000) (427,000)
Realized gain on zinc derivative financial instruments         476,000                                                              
Loss on heating oil derivative financial instruments and other                   (4,929,000)   (4,929,000)                                                
(Loss) gain on derivative financial instruments $ (1,936,000) $ (4,321,000) $ 1,046,000 $ (3,426,000)