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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
ASSETS    
Cash and cash equivalents (Note 4) $ 103,644 $ 178,018
Accounts receivable (Note 4) 10,077 11,885
Inventories (Note 7) 74,297 65,204
Deposits 6,474 5,865
Prepaids and other 2,048 1,522
Total Current Assets 196,540 262,494
RESTRICTED CASH 1,273 1,205
PROPERTY, PLANT AND EQUIPMENT (Note 10) 252,131 228,367
INTANGIBLE ASSETS 5,266 7,373
MINING PROPERTIES (Note 11) 270,157 250,620
OTHER ASSETS (Note 7) 2,311 3,167
Total Assets 727,678 753,226
LIABILITIES    
Accounts payable (Note 4) 40,708 34,522
Accrued liabilities (Note 4) 51,380 53,935
Asset retirement obligations (Note 13) 8,996 23,485
Current tax liability (Note 15) 197 1,128
Current debt (Notes 14) 128,459 10,014
Total Current Liabilities 229,740 123,084
LONG TERM DEBT (Notes 4 and 11) 10,759 155,879
ASSET RETIREMENT OBLIGATIONS (Note 13) 24,884 21,467
DEFERRED TAX LIABILITY (Note 15) 23,993 15,678
Total Liabilities 289,376 316,108
COMMITMENTS AND CONTINGENCIES (Note 16) 0 0
SHAREHOLDERS' EQUITY    
First preferred shares, without par value, unlimited shares authorized. No shares issued and outstanding 0 0
Common shares, without par value, unlimited shares authorized. Shares issued and outstanding: 258,624,486 at December 31, 2011; 258,511,236 at December 31, 2010 (Note 14) 693,899 693,487
CONTRIBUTED SURPLUS 19,815 16,560
ACCUMULATED OTHER COMPREHENSIVE INCOME 1,978 1,959
DEFICIT (276,112) (274,037)
Total Golden Star Equity 439,580 437,969
NONCONTROLLING INTEREST (1,278) (851)
Total Equity 438,302 437,118
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 727,678 $ 753,226