Supplemental Cash Flow Information

9 Months Ended

Sep. 30, 2011

Supplemental Cash Flow Information [Abstract]

17. Supplemental Cash Flow Information

Significant non-cash transactions during the nine months ended September 30, 2011 included the following:

the receipt of 30,402,615 Midas Gold Shares in exchange for our Yellow Pine assets with a carrying value of $800. The fair value of the Midas Gold Shares was determined to be $78,872 upon receipt (see Note 3);

the issuance of 450,000 Compensation Options as compensation to the Underwriters' of our April 20, 2011 equity financing (see Note 13); and

the acquisition of mineral properties for the partial consideration of a $612 obligation, which is due upon the achievement of certain milestones.

Significant non-cash transactions during the nine months ended September 30, 2010 included the issuance of 1,902,684 common shares as partial consideration for the repurchase of Notes in the principal amount of $5,667 and interest payable through to the maturity date of $691. Also during the nine-month period ended September 30, 2010, we received 800,000 common shares in the capital of Black Isle Resources Corp. for the repayment of an outstanding $662 loan that was previously written off as an uncollectible receivable. These common shares were valued at $38 when received and, accordingly, were recorded as a gain in our Consolidated Statement of Income/(Loss).