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CONSOLIDATED STATEMENTS OF LOSS AND COMPREHENSIVE LOSS (USD $)
In Thousands, except Share data
3 Months Ended 6 Months Ended 115 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Operating income and (expenses):          
Exploration, property evaluation and holding costs $ (4,854) $ (4,117) $ (7,803) $ (6,535) $ (44,154)
Corporate administration and investor relations (1,658) (1,076) (2,757) (2,067) (29,329)
Depreciation and amortization (81) (60) (160) (132) (1,080)
Loss on extinguishment of convertible debt 0 (1,633) 0 (1,633) (1,218)
Gain/(loss) on currency translation 45 (130) 36 (82) (127)
Gain on disposal of mineral property, net 77,807 0 77,807 0 79,668
Total operating income/(loss) 71,259 (7,016) 67,123 (10,449) 3,760
Non-operating income and (expenses):          
Gain on sale of marketable securities 81 0 447 213 7,790
Write down of marketable securities 0 0 0 0 (849)
Interest income 14 35 26 89 2,789
Interest expense 0 (374) (120) (715) (4,096)
Other income/(expense) (1) 77 0 96 (5,256)
Total non-operating income/(loss) 94 (262) 353 (317) 378
Income/(loss) from continuing operatons before income taxes 71,353 (7,278) 67,476 (10,766) 4,138
Deferred income tax expense (23,589) 0 (23,589) 0 (23,589)
Income/(loss) from continuing operations after income taxes 47,764 (7,278) 43,887 (10,766) (19,451)
Loss from discontinued operations 0 0 0 0 (12,863)
Net income/(loss) 47,764 (7,278) 43,887 (10,766) (32,314)
Unrealized fair-value decrease on available-for-sale securities - Note 8 (403) (49) (127) (4)  
Realized gain on available-for-sale securities (81) 0 (447) (187)  
Other comprehensive income/(loss) (484) (49) (574) (191)  
Comprehensive income/(loss) $ 47,280 $ (7,327) $ 43,313 $ (10,957)  
Basic:          
Weighted average number of shares outstanding 69,088,613 46,405,227 65,524,530 45,546,894  
Income/(loss) per share $ 0.69 $ (0.16) $ 0.67 $ (0.24)  
Diluted:          
Weighted average number of shares outstanding 69,536,081 46,405,227 66,193,065 45,546,894  
Income/(loss) per share $ 0.69 $ (0.16) $ 0.66 $ (0.24)