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Derivative Financial Instruments (Tables) | 12 Months Ended
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Dec. 31, 2012
Derivative Financial Instruments [Abstract] |
Schedule of Derivatives |
Derivative Type |  | 2012 |  |  | 2011 |
Derivative liabilities |  |  |  |  |  |  |  |
Gold calls |  | $ | 16,330 |  |  | $ | - |
Gold forwards |  |  | 297,451 |  |  |  | - |
Contingent dividend payment |  |  | 230,900 |  |  |  | 1,025,000 |
Total derivative liabilities |  | $ | 544,681 |  |  | $ | 1,025,000 |

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- Definition Tabular disclosure of derivative instruments (including nonderivative instruments that are designated and qualify as hedging instruments) of (a) the location and amount of gains and losses reported in the statement of financial performance and (b) the location and fair value amounts of the instruments reported in the statement of financial position. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5618551-113959 + Details
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