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MINERAL PROPERTY INTERESTS AND ASSET RETIREMENT OBLIGATIONS (Tables)
9 Months Ended
Sep. 30, 2013
MINERAL PROPERTY INTERESTS AND ASSET RETIREMENT OBLIGATIONS  
Summary of mineral property interests

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

 

 

 

September 30,

 

September 30,

 

Name of Property/Complex

 

Segment

 

2013

 

2012

 

2013

 

2012

 

Telken Tenements

 

Argentina

 

$

 

$

 

$

13,792

 

$

 

Este Tenements

 

Argentina

 

 

 

2,784

 

 

Piramides Tenements

 

Argentina

 

 

 

5,079

 

 

Tobias Tenements

 

Argentina

 

 

 

6,074

 

 

West Battle Mountain Complex

 

Nevada

 

6,287

 

 

6,287

 

 

Other United States Properties

 

Nevada

 

 

2,902

 

 

2,902

 

Property, plant and equipment

 

Argentina

 

 

 

 

179

 

Total impairment

 

 

 

$

6,287

 

$

2,902

 

$

34,016

 

$

3,081

 

Schedule of changes in asset retirement obligations

Changes in the Company’s asset retirement obligations for the nine months ended September 30, 2013 and year ended December 31, 2012 are as follows (in thousands):

 

 

 

Nine Months Ended

 

Year Ended

 

 

 

September 30, 2013

 

December 31, 2012

 

Asset retirement obligation liability - opening balance

 

$

6,359

 

$

6,253

 

Settlements

 

(56

)

(47

)

Accretion of liability

 

342

 

447

 

Adjustment reflecting updated estimates

 

(29

)

(294

)

Asset retirement obligation liability - ending balance

 

$

6,616

 

$

6,359