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SUBSEQUENT EVENT
6 Months Ended
Jun. 30, 2013
SUBSEQUENT EVENT [Abstract]  
SUBSEQUENT EVENT
NOTE 11 – SUBSEQUENT EVENT

In August 2013, the Company announced that it successfully secured commitments for $10,500,000 of financing through the private placement of 10% Mandatorily Convertible PIK Notes due 2023 ("Notes"). The Notes have a strike price of $1.40 per share and convert into 7,500,000 shares of the common stock of Applied Minerals, Inc.