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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
OPERATING ACTIVITIES:        
Net loss $ (30,529) $ (9,429) $ (18,127) $ (9,839)
Reconciliation of net loss to net cash provided by operating activities:        
Depreciation, depletion and amortization 25,541 15,621 69,765 52,113
Amortization of loan acquisition cost 0 321 895 993
Loss/(gain) on sale of investments 70 0 (22,290) 0
(Gain)/loss on extinguishment of debt (14) 0 568 0
Gain on sale of assets (52) (338) (113) (336)
Non-cash employee compensation 1,033 564 4,737 2,784
Deferred income tax expense 4,002 2,908 19,464 9,255
Fair value of derivatives loss 0 1,700 162 6,879
Fair value loss/(gain) on convertible debt 30,055 2,084 32,092 (22,208)
Accretion of asset retirement obligations 703 2,184 2,111 5,300
Reclamation expenditures (967) (8,416) (5,389) (20,244)
Changes in working capital (5,530) 4,268 (24,109) (20,545)
Net cash provided by operating activities 24,312 11,467 59,766 4,152
INVESTING ACTIVITIES:        
Expenditures on mining properties (11,079) (12,211) (30,942) (30,242)
Expenditures on property, plant and equipment (7,996) (13,678) (27,616) (33,541)
Change in accounts payable and deposits on mine equipment and material 2,544 2,499 (145) (685)
Increase in restricted cash (755) 0 (755) 0
Cash used for equity investments 0 (1,200) (938) (1,200)
Proceeds from sale of assets 399 681 7,084 681
Net cash used in investing activities (16,887) (23,909) (53,312) (64,987)
FINANCING ACTIVITIES:        
Principal payments on debt (8,055) (2,622) (12,476) (7,960)
Proceeds from debt agreements and equipment financing 1,124 1,391 8,510 4,861
Exercise of options 99 52 190 210
Net cash used in financing activities (6,832) (1,179) (3,776) (2,889)
Increase/(decrease) in cash and cash equivalents 593 (13,621) 2,678 (63,724)
Cash and cash equivalents, beginning of period 105,729 127,915 103,644 178,018
Cash and cash equivalents, end of period $ 106,322 $ 114,294 $ 106,322 $ 114,294