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BASIS OF PRESENTATION
6 Months Ended
Jun. 30, 2014
BASIS OF PRESENTATION  
BASIS OF PRESENTATION

1. BASIS OF PRESENTATION


The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and with the instructions to Form 10-Q and Rule 8-03 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America for complete financial statements. The accompanying statements should be read in conjunction with the audited financial statements included in the Company’s 2013 Annual Report on Form 10-K. In the opinion of management, all adjustments (which are of a normal, recurring nature) considered necessary for a fair presentation have been included. Operating results for the three- and six-month periods ended June 30, 2014 are not necessarily indicative of the results that may be expected for any other period including the full year ending December 31, 2014.


Restatement of Previously Reported Consolidated Financial Information


On December 17, 2013, we filed an amended Quarterly Report on Form 10-Q/A (the “Form 10-Q/A”) to our Quarterly Report on Form 10-Q for the period ended June 30, 2013 to amend and restate the Company’s condensed consolidated financial statements and related disclosures as of June 30, 2013 and for the three and six-month periods ended June 30, 2013 and 2012 by reclassifying costs from property, plant and equipment to mineral property expenses. The condensed consolidated financial statements and related disclosures in this Quarterly Report on Form 10-Q, as it relates to the period ended June 30, 2013, incorporate the effects of this restatement.