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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Cash Flows From Operating Activities:    
Net loss $ (10,254,344) $ (10,316,294)
Adjustments to reconcile net loss to net cash provided (used) by operating activities:    
Depreciation, depletion and amortization 765,363 1,111,844
Accretion expense on accrued reclamation costs 402,471 375,302
Amortization of debt issuance costs 314,080 345,969
Issuance of stock options for services rendered 72,894 185,202
Issuance of deferred stock units for services rendered 105,000 105,000
Loss on impairment of property and equipment 851,526 0
Loss on sale of property and equipment 3,235 10,980
Changes in assets and liabilities:    
Accounts receivable 320,587 97,021
Inventories, stockpiles and ore on leach pads 2,886,577 4,365,857
Prepaid expenses and other assets (12,314) (13,452)
Accounts payable 248,067 467,629
Accrued interest 3,545,059 2,340,860
Copper derivatives settlement payable 0 9,275,951
Derivative contracts, at fair value (54,896) (8,623,030)
Deferred revenue 121,328 (45,948)
Accrued expenses and other liabilities 521,139 413,059
Deposits 22,500 (22,986)
Net Cash Provided (Used) By Operating Activities (141,728) 72,964
Cash Flows From Investing Activities:    
Capital expenditures (43,697) (753,910)
Net Cash Used By Investing Activities (43,697) (753,910)
Cash Flows From Financing Activities:    
Principal payments on long-term debt (7,500) (304,429)
Proceeds from issuance of notes payable-related party 87,500 0
Principal payments on capital lease (770) (16,590)
Net Cash Provided (Used) By Financing Activities 79,230 (321,019)
Net Decrease in Cash and Cash Equivalents (106,195) (1,001,965)
Cash and Cash Equivalents at Beginning of Year 118,058 1,120,023
Cash and Cash Equivalents at End of Year 11,863 118,058
Supplemental Disclosure of Cash Flow Information:    
Interest 151,893 559,407
Income taxes $ 0 $ 0