XML 64 R27.htm IDEA: XBRL DOCUMENT v2.4.0.6
MINERAL PROPERTY INTERESTS AND ASSET RETIREMENT OBLIGATIONS (Tables)
9 Months Ended
Sep. 30, 2012
MINERAL PROPERTY INTERESTS AND ASSET RETIREMENT OBLIGATIONS  
Summary of mineral property interests

The following table summarizes all of the Company’s mineral property interests in Nevada, Argentina and Mexico (in thousands):

 

Name of Property/Complex

 

State/Province

 

Country

 

Carrying Value

 

Tonkin Complex

 

Nevada

 

United States

 

$

52,204

 

Gold Bar Complex

 

Nevada

 

United States

 

$

77,012

 

Limo Complex

 

Nevada

 

United States

 

$

50,098

 

Battle Mountain Complex

 

Nevada

 

United States

 

$

31,106

 

Other United States Properties

 

Nevada

 

United States

 

$

19,107

 

Los Azules Copper Project

 

San Juan

 

Argentina

 

$

431,190

 

Other Argentina Exploration Properties

 

San Juan

 

Argentina

 

$

7,819

 

Cerro Negro Region

 

Santa Cruz

 

Argentina

 

$

80,889

 

Other Argentina Exploration Properties

 

Santa Cruz

 

Argentina

 

$

19,194

 

Other Argentina Exploration Properties

 

Catamarca

 

Argentina

 

$

2,362

 

Other Argentina Exploration Properties

 

Chubut

 

Argentina

 

$

248

 

El Gallo Complex

 

Sinaloa

 

Mexico

 

$

9,469

 

Other Mexico Exploration Properties

 

Sinaloa

 

Mexico

 

$

4,580

 

Total

 

 

 

 

 

$

785,278

 

 

Schedule of changes in asset retirement obligations

Changes in the Company’s asset retirement obligations for the nine months ended September 30, 2012 and year ended December 31, 2011 are as follows (in thousands):

 

 

 

Nine Months Ended

 

Year Ended

 

 

 

September 30,

 

December 31,

 

 

 

2012

 

2011

 

Asset retirement obligation liability- opening balance

 

$

6,253

 

$

6,153

 

Settlements

 

(24

)

(82

)

Accretion of liability

 

342

 

524

 

Adjustment reflecting updated estimates

 

(79

)

(342

)

Asset retirement obligation liability - ending balance

 

$

6,492

 

$

6,253