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Commitments And Contingencies | 12 Months Ended
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Dec. 31, 2014
Commitments And Contingencies [Abstract] |
Commitments And Contingencies | 13. Commitments and Contingencies Our exploration and development activities are subject to various laws and regulations governing the protection of the environment. These laws and regulations are continually changing and are generally becoming more restrictive. As such, the future expenditures that may be required for compliance with these laws and regulations cannot be predicted. We conduct our operations to minimize effects on the environment and believe our operations are in compliance with applicable laws and regulations in all material respects. The Company has accrued $250 with respect to loss contingencies related to a contract dispute that has not yet been resolved. It is possible that the final settlement may vary from this amount; however, an estimate of the final settlement cannot reasonably be determined at this time. Under ou r agreement with the Jawoyn Association Aboriginal Corporation (the “JAAC”), we must offer the JAAC the opportunity to establish a joint venture with Vista holding 90% and the JAAC holding a 10% participating interest in the Mt Todd gold project. In addition, the JAAC will be entitled to an annual cash payment, or payment in kind, equal to 1% of the value of the annual gold production from the current mining licenses, and a 1% NSR royalty on other metals, subject to a minimum payment of A$50 per year.

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