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INVENTORIES (Tables)

12 Months Ended

Dec. 31, 2012

INVENTORIES

Schedule of inventories

Inventories at December 31, 2012 and December 31, 2011 consist of the following (in thousands):

		December 31, 2012			December 31, 2011
Ore on leach pads		$	685			—
In-process inventory			3,604			—
Stockpiles			308			—
Precious metals			1,322			—
Materials and supplies			1,343			139
Inventories		$	7,262		$	139

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- Definition

Tabular disclosure of the carrying amount as of the balance sheet date of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 2

-Paragraph 6

-Subparagraph a,b,c

-Article 5

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