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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Operating activities:  
Net income$ 132,595$ 58,719
Non-cash elements included in net income:  
Depreciation, depletion and amortization34,76946,190
Gain on sale of investments(611)(588)
Loss on impairment of investments 739
Provision for reclamation and closure costs8322,784
Stock compensation1,4973,336
Deferred income taxes60,7902,070
Amortization of loan origination fees498468
(Gain) loss on derivative contracts(56,512)11,586
Other non-cash charges, net932690
Change in assets and liabilities:  
Accounts receivable7,745(22,385)
Inventories(6,608)512
Other current and non-current assets3731,026
Accounts payable and accrued liabilities17,23316,537
Accrued payroll and related benefits581(5,207)
Accrued taxes(6,276)4,367
Accrued reclamation and closure costs and other non-current liabilities100(5,371)
Cash provided by operating activities187,938115,473
Investing activities:  
Additions to properties, plants, equipment and mineral interests(64,381)(48,725)
Proceeds from sale of investments1,3661,138
Proceeds from disposition of properties, plants and equipment113 
Purchases of investments(3,200) 
Changes in restricted cash and investment balances9,3881,476
Net cash used in investing activities(56,714)(46,111)
Financing activities:  
Proceeds from exercise of stock options and warrants5,10845,562
Acquisition of treasury shares(469)(693)
Dividends paid to preferred shareholders(3,684)(1,105)
Repayments of capital leases(2,042)(1,227)
Net cash (used) provided by financing activities(1,087)42,537
Change in cash and cash equivalents:  
Net increase in cash and cash equivalents130,137111,899
Cash and cash equivalents at beginning of period283,606104,678
Cash and cash equivalents at end of period413,743216,577
Significant non-cash investing and financing activities:  
Addition of capital lease obligations3,3532,282
Accounts payable change relating to capital additions6,721(205)
Preferred stock dividends paid in common stock $ 22,891