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Segment Reporting
 3 Months Ended
Mar. 31, 2012
Notes to Financial Statements  
Segment Reporting

8.       Segment Reporting

 

        With the completion of the Feasibility Study on February 22, 2012, Solitario now operates in two segments, (i) mineral exploration and (ii) mining development and operations. Solitario is capitalizing Mt. Hamilton development and operations costs subsequent to February 22, 2012, as detailed above in Note 7, “Mineral properties.” The following summarizes Solitario segment activity for the three months ended March 31, 2012:

 

(in thousands) Three months ended March 31, 2012
  Exploration expense Interest expense Other Pre-tax loss Total assets Capital expenditures

Mt. Hamilton development and

Operations

 $ 169  $ 53  $ 12  $ 234  $  9,277  $ 355 
Exploration (1) 355  -   312  667  1,895  -   
Corporate and other (2) -    15    55    70    9,295      9 
Consolidated $ 524  $ 68  $ 379  $ 971  $20,467  $ 364 

(1)     Exploration expense includes loss on unconsolidated subsidiary of $109 and Exploration total assets include investment in unconsolidated subsidiary of $1,544.

(2)     Corporate and other includes gain on sale of marketable equity securities of $332 and Corporate and other total assets include investment in marketable equity securities of $8,921