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NONCASH INVESTING AND FINANCING ACTIVITIES
12 Months Ended
Dec. 31, 2012
NONCASH INVESTING AND FINANCING ACTIVITIES [Text Block]

23. NON–CASH INVESTING AND FINANCING ACTIVITIES

Supplemental Disclosure of Non–cash Investing and Financing Activities as            
of December 31, 2012 and 2011:   2012     2011  
             
   Common stock issued in exchange for deferred stock units $ 3,110   $ 2,804  
   Capitalization of asset retirement obligation   -     (1,112,771 )
   Change in depreciation expense allocated to inventories   (89,721 )   (162,794 )
   Change in depreciation expense allocated to stockpiles and ore on leach pads   (189,263 )   (274,519 )
   Change in property and equipment financed by accounts payable   (79,401 )   (208,061 )
   Reclassification of amounts paid on accrued interest to copper derivatives            
   settlement payable   -     829,768  
   Common stock issued for settlement of accounts payable   -     11,538