DERIVATIVE LOSSES (Tables)

9 Months Ended

Sep. 30, 2012

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative mark-to-market (gains)/losses recorded in the Statement of Operations

The derivative mark-to-market losses recorded in the Statement of Operations are comprised of the following amounts:

	For the three months ended				For the nine months ended
	September 30,				September 30,
	2012		2011		2012		2011
Riverstone Resources, Inc. - warrants	$	—	$	25	$	162	$	67
Gold price derivatives	—		11,136		—		17,773
Derivative loss	$	—	$	11,161	$	162	$	17,840

	For the three months ended				For the nine months ended
	September 30,				September 30,
	2012		2011		2012		2011
Realized (gain)/loss	$	—	$	9,461	$	162	$	10,960
Unrealized loss	—		1,700		—		6,880
Derivative loss	$	—	$	11,161	$	162	$	17,840