XML 18 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
OPERATING ACTIVITIES:    
Net income $ 9,059 $ 5,455
Reconciliation of net loss to net cash provided by operating activities:    
Depreciation, depletion and amortization 19,050 21,218
Amortization of loan acquisition cost 895 354
Gain on sale of investments (22,385) 0
Gain on sale of assets 15 0
Non-cash employee compensation 2,579 1,341
Deferred income tax expense 12,531 3,307
Fair value of derivatives loss 162 4,249
Fair value (gain)/loss on convertible debt 892 (18,185)
Accretion of asset retirement obligations 703 933
Reclamation expenditures (2,575) (3,883)
Reconciliation, Total 20,926 14,789
Changes in non-cash working capital:    
Accounts receivable (1,969) (1,025)
Inventories (2,012) (406)
Deposits (1,305) (945)
Accounts payable and accrued liabilities 3,018 (16,614)
Other (774) (1,664)
Net cash provided by/(used in) operating activities 17,884 (5,865)
INVESTING ACTIVITIES:    
Expenditures on mining properties (12,537) (8,840)
Expenditures on property, plant and equipment (12,128) (9,912)
Change in accounts payable and deposits on mine equipment and material (3,696) 893
Cash used for equity investments (938) 0
Other 6,605 0
Net cash used in investing activities (22,694) (17,859)
FINANCING ACTIVITIES:    
Principal payments on debt (2,150) (2,765)
Proceeds from debt agreements and equipment financing 7,036 0
Other 91 132
Net cash provided by/(used in) financing activities 4,977 (2,633)
Increase/(decrease) in cash and cash equivalents 167 (26,357)
Cash and cash equivalents, beginning of period 103,644 178,018
Cash and cash equivalents end of period $ 103,811 $ 151,661