2013 Q2 Form 10-Q Financial Statement
#000110465913038794 Filed on May 08, 2013
Income Statement
| Concept | 2013 Q2 | 2013 Q1 | 2012 Q1 |
|---|---|---|---|
| Revenue | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Cost Of Revenue | |||
| YoY Change | |||
| Gross Profit | |||
| YoY Change | |||
| Gross Profit Margin | |||
| Selling, General & Admin | $2.600M | $3.180M | $4.100M |
| YoY Change | -28.37% | -22.44% | 194.96% |
| % of Gross Profit | |||
| Research & Development | $2.450M | $2.790M | $5.120M |
| YoY Change | -79.29% | -45.51% | |
| % of Gross Profit | |||
| Depreciation & Amortization | $0.00 | $5.463K | $7.913K |
| YoY Change | -100.0% | -30.96% | -20.87% |
| % of Gross Profit | |||
| Operating Expenses | $5.080M | $6.000M | $9.250M |
| YoY Change | -67.2% | -35.14% | 520.81% |
| Operating Profit | -$5.079M | -$5.995M | -$9.248M |
| YoY Change | -67.21% | -35.17% | |
| Interest Expense | $4.440M | $1.930M | -$2.340M |
| YoY Change | 72.09% | -182.48% | -1476.47% |
| % of Operating Profit | |||
| Other Income/Expense, Net | $4.437M | $1.932M | -$2.194M |
| YoY Change | 72.15% | -188.07% | |
| Pretax Income | -$640.0K | -$4.060M | -$11.44M |
| YoY Change | -95.04% | -64.51% | 735.04% |
| Income Tax | $0.00 | $0.00 | $0.00 |
| % Of Pretax Income | |||
| Net Earnings | -$642.1K | -$4.063M | -$11.44M |
| YoY Change | -95.03% | -64.49% | 735.18% |
| Net Earnings / Revenue | |||
| Basic Earnings Per Share | |||
| Diluted Earnings Per Share | -$6.526K | -$41.40K | -$132.0K |
| COMMON SHARES | |||
| Basic Shares Outstanding | 98.07M shares | ||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2013 Q2 | 2013 Q1 | 2012 Q1 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $19.90M | $24.80M | $40.10M |
| YoY Change | -32.54% | -38.15% | -67.53% |
| Cash & Equivalents | $19.87M | $24.68M | $39.76M |
| Short-Term Investments | $100.0K | $100.0K | $300.0K |
| Other Short-Term Assets | $300.0K | $100.0K | $200.0K |
| YoY Change | 0.0% | -50.0% | 0.0% |
| Inventory | |||
| Prepaid Expenses | |||
| Receivables | $0.00 | $100.0K | $100.0K |
| Other Receivables | $500.0K | $500.0K | $900.0K |
| Total Short-Term Assets | $20.75M | $25.52M | $41.30M |
| YoY Change | -32.63% | -38.21% | -66.64% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $79.39K | $84.25K | $100.0K |
| YoY Change | -20.61% | -15.75% | -99.86% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | $55.20M | $55.20M | $55.00M |
| YoY Change | 0.18% | 0.36% | |
| Total Long-Term Assets | $55.25M | $55.26M | $55.20M |
| YoY Change | 0.28% | 0.1% | -22.47% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $20.75M | $25.52M | $41.30M |
| Total Long-Term Assets | $55.25M | $55.26M | $55.20M |
| Total Assets | $76.00M | $80.78M | $96.50M |
| YoY Change | -11.52% | -16.3% | -50.51% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $700.0K | $900.0K | $3.800M |
| YoY Change | -91.14% | -76.32% | 31.03% |
| Accrued Expenses | $1.000M | $1.500M | |
| YoY Change | |||
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | |||
| YoY Change | |||
| Total Short-Term Liabilities | $1.736M | $2.375M | $3.800M |
| YoY Change | -78.03% | -37.49% | 31.03% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Other Long-Term Liabilities | $16.70M | $20.90M | $23.20M |
| YoY Change | -20.85% | -9.91% | |
| Total Long-Term Liabilities | $16.70M | $20.90M | $23.20M |
| YoY Change | -20.85% | -9.91% | |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $1.736M | $2.375M | $3.800M |
| Total Long-Term Liabilities | $16.70M | $20.90M | $23.20M |
| Total Liabilities | $18.44M | $23.28M | $27.00M |
| YoY Change | -36.43% | -13.8% | 831.03% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | |||
| YoY Change | |||
| Common Stock | |||
| YoY Change | |||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | $57.57M | $57.50M | $69.50M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $76.00M | $80.78M | $96.50M |
| YoY Change | -11.52% | -16.3% | -50.51% |
Cashflow Statement
| Concept | 2013 Q2 | 2013 Q1 | 2012 Q1 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | -$642.1K | -$4.063M | -$11.44M |
| YoY Change | -95.03% | -64.49% | 735.18% |
| Depreciation, Depletion And Amortization | $0.00 | $5.463K | $7.913K |
| YoY Change | -100.0% | -30.96% | -20.87% |
| Cash From Operating Activities | -$4.110M | -$4.940M | -$13.76M |
| YoY Change | -57.93% | -64.1% | 651.91% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | $0.00 | $0.00 | -$2.000M |
| YoY Change | -100.0% | -68.8% | |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Cash From Investing Activities | $0.00 | $0.00 | -$2.000M |
| YoY Change | -100.0% | -68.75% | |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | 0.000 | 0.000 | 0.000 |
| YoY Change | -100.0% | ||
| NET CHANGE | |||
| Cash From Operating Activities | -4.110M | -4.940M | -13.76M |
| Cash From Investing Activities | 0.000 | 0.000 | -2.000M |
| Cash From Financing Activities | 0.000 | 0.000 | 0.000 |
| Net Change In Cash | -4.110M | -4.940M | -15.76M |
| YoY Change | -57.93% | -68.65% | 347.73% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | -$4.110M | -$4.940M | -$13.76M |
| Capital Expenditures | $0.00 | $0.00 | -$2.000M |
| Free Cash Flow | -$4.110M | -$4.940M | -$11.76M |
| YoY Change | -57.93% | -57.99% | -356.77% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2012Q1 | thm |
Consulting Fees
ConsultingFees
|
260886 | USD |
| CY2012Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
89714 | USD |
| CY2013Q1 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="font-size:10.0pt;font-family:Times New Roman;"> <p style="MARGIN: 0in 0in 0pt 0.5in; TEXT-INDENT: -0.5in;"><b><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;" size="2">1.</font></b><b><font style="FONT-WEIGHT: bold; FONT-SIZE: 3pt;" size="1">                                     </font></b> <b><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt;" size="2">GENERAL INFORMATION, NATURE AND CONTINUANCE OF OPERATIONS</font></b></p> <p style="MARGIN: 0in 0in 0pt;"> </p> <p style="MARGIN: 0in 0in 0pt 0.5in;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;" size="2">International Tower Hill Mines Ltd. (“ITH” or the “Company”) is incorporated under the laws of British Columbia, Canada.  The Company’s head office address is 2300-1177 West Hastings Street, Vancouver, British Columbia, Canada.  International Tower Hill Mines Ltd. consists of ITH and its wholly owned subsidiaries Tower Hill Mines, Inc. (formerly “Talon Gold Alaska, Inc.”) (“TH Alaska”) (an Alaska corporation), Tower Hill Mines (US) LLC (formerly “Talon Gold (US) LLC”) (“TH US”) (a Colorado limited liability company), Livengood Placers, Inc. (“LPI”) (a Nevada corporation), and 813034 Alberta Ltd. (an Alberta corporation).  The Company is in the business of acquiring, exploring and evaluating mineral properties, and either joint venturing or developing these properties further or disposing of them when the evaluation is completed.  At March 31, 2013, the Company was in the exploration stage and controls a 100% interest in its Livengood Gold Project in Alaska, U.S.A (the “Livengood Gold Project”).</font></p> <p style="MARGIN: 0in 0in 0pt;"> </p> <p style="MARGIN: 0in 0in 0pt 0.5in;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;" size="2">The business of mining and exploration involves a high degree of risk and there can be no assurance that current exploration programs will result in profitable mining operations.  The Company has no source of revenue, and has significant cash requirements to meet its administrative overhead and maintain its mineral property interests.  The recoverability of amounts shown for capitalized acquisition costs is dependent on several factors.  These include the discovery of economically recoverable reserves, the ability of the Company to obtain the necessary financing to complete the development of these properties, and future profitable production or proceeds from disposition of capitalized acquisition costs.  The success of the above initiatives cannot be assured.  In the event that the Company is unable to obtain the necessary financing in the short-term, it may be necessary to defer certain discretionary expenditures and other planned activities.</font></p> <p style="MARGIN: 0in 0in 0pt;"> </p> </div> | |
| CY2011Q4 | invest |
Derivative Notional Amount
DerivativeNotionalAmount
|
23100000 | USD |
| CY2012Q4 | us-gaap |
Derivative Liability Fair Value Net1
DerivativeLiabilityFairValueNet1
|
22400000 | USD |
| CY2013Q1 | thm |
Forward Curve Assumption Based Estimated Average Gold Price Per Ounce Of Gold
ForwardCurveAssumptionBasedEstimatedAverageGoldPricePerOunceOfGold
|
1625 | |
| CY2011Q4 | us-gaap |
Derivative Liability Fair Value Net1
DerivativeLiabilityFairValueNet1
|
20800000 | USD |
| CY2011Q4 | thm |
Estimated Average Gold Price Per Ounce
EstimatedAverageGoldPricePerOunce
|
1619 | |
| CY2012Q1 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
-2400000 | USD |
| CY2012Q1 | us-gaap |
Derivative Liability Fair Value Net1
DerivativeLiabilityFairValueNet1
|
23200000 | USD |
| CY2012Q1 | thm |
Estimated Average Gold Price Per Ounce
EstimatedAverageGoldPricePerOunce
|
1722 | |
| us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
800000 | USD | |
| CY2012Q4 | thm |
Estimated Average Gold Price Per Ounce
EstimatedAverageGoldPricePerOunce
|
1688 | |
| CY2013Q1 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
1500000 | USD |
| CY2013Q1 | us-gaap |
Derivative Liability Fair Value Net1
DerivativeLiabilityFairValueNet1
|
20900000 | USD |
| CY2012Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
2548498 | USD |
| CY2012Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
3747269 | USD |
| CY2012Q4 | us-gaap |
Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
|
22400000 | USD |
| CY2012Q4 | us-gaap |
Liabilities
Liabilities
|
26147269 | USD |
| CY2012Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
28589591 | USD |
| CY2012Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
4101968 | USD |
| CY2012Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-208552580 | USD |
| CY2012Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
60540075 | USD |
| CY2013Q1 | thm |
Estimated Average Gold Price Per Ounce
EstimatedAverageGoldPricePerOunce
|
1625 | |
| CY2012Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
228221 | USD |
| CY2012Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
1198771 | USD |
| CY2013Q1 | us-gaap |
Mineral Properties Net
MineralPropertiesNet
|
55173564 | USD |
| CY2012Q4 | us-gaap |
Mineral Properties Net
MineralPropertiesNet
|
55173564 | USD |
| CY2013Q1 | us-gaap |
Assets Current
AssetsCurrent
|
25517491 | USD |
| CY2012Q4 | us-gaap |
Assets Current
AssetsCurrent
|
31424066 | USD |
| CY2013Q1 | us-gaap |
Assets
Assets
|
80775306 | USD |
| CY2012Q4 | us-gaap |
Assets
Assets
|
86687344 | USD |
| CY2013Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4063282 | USD |
| CY2012Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-11441965 | USD |
| CY2012Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
7913 | USD |
| CY2012Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
146172 | USD |
| CY2012Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
30170905 | USD |
| CY2012Q4 | us-gaap |
Marketable Securities Current
MarketableSecuritiesCurrent
|
180415 | USD |
| CY2012Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
262516 | USD |
| CY2012Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
86687344 | USD |
| CY2013Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
2375211 | USD |
| CY2013Q1 | us-gaap |
Liabilities
Liabilities
|
23275211 | USD |
| CY2013Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
57500095 | USD |
| CY2013Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
80775306 | USD |
| CY2012Q1 | us-gaap |
General Insurance Expense
GeneralInsuranceExpense
|
68161 | USD |
| CY2012Q1 | thm |
Investor Relations Expenses
InvestorRelationsExpenses
|
113365 | USD |
| CY2012Q1 | us-gaap |
Exploration Expense Mining
ExplorationExpenseMining
|
5121876 | USD |
| CY2012Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
44389 | USD |
| CY2012Q1 | us-gaap |
Other Expenses
OtherExpenses
|
21978 | USD |
| CY2012Q1 | us-gaap |
Professional Fees
ProfessionalFees
|
127106 | USD |
| CY2012Q1 | thm |
Regulatory Expenses
RegulatoryExpenses
|
83607 | USD |
| CY2012Q1 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
64785 | USD |
| CY2012Q1 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
3262636 | USD |
| CY2012Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-9248106 | USD |
| CY2012Q1 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-20420 | USD |
| CY2012Q1 | us-gaap |
Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
|
84613 | USD |
| CY2012Q1 | thm |
Income From Mineral Properties Earned In
IncomeFromMineralPropertiesEarnedIn
|
141948 | USD |
| CY2012Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-2193859 | USD |
| CY2012Q1 | thm |
Mining Activities Field Costs
MiningActivitiesFieldCosts
|
1596106 | USD |
| CY2013Q1 | thm |
Geological And Geophysical Costs
GeologicalAndGeophysicalCosts
|
1510737 | USD |
| CY2012Q1 | us-gaap |
Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
789705 | USD |
| CY2012Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.13 | |
| CY2012Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
86683919 | shares |
| CY2013Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-5995340 | USD |
| CY2013Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
1932058 | USD |
| CY2013Q1 | us-gaap |
Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
-554726 | USD |
| CY2012Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
236401096 | USD |
| us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
|
-71158 | USD | |
| us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
-140704 | USD | |
| us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
7241659 | USD | |
| CY2012Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
|
812177 | USD |
| CY2012Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
-22472 | USD |
| CY2012Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
1965316 | USD |
| CY2013Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
|
-504149 | USD |
| CY2013Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
-50577 | USD |
| CY2013Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
1578028 | USD |
| CY2013Q1 | dei |
Entity Registrant Name
EntityRegistrantName
|
INTERNATIONAL TOWER HILL MINES LTD | |
| CY2013Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001134115 | |
| CY2012Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-14954128 | USD |
| CY2012Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
39757945 | USD |
| CY2011Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
54712073 | USD |
| CY2013Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-5495125 | USD |
| CY2013Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
24675780 | USD |
| CY2013Q1 | thm |
Aircraft Services Costs
AircraftServicesCosts
|
4760 | USD |
| CY2012Q1 | thm |
Aircraft Services Costs
AircraftServicesCosts
|
14000 | USD |
| CY2013Q1 | thm |
Assay Costs
AssayCosts
|
9724 | USD |
| CY2012Q1 | thm |
Assay Costs
AssayCosts
|
269154 | USD |
| CY2013Q1 | thm |
Drilling Costs
DrillingCosts
|
-28714 | USD |
| CY2012Q1 | thm |
Drilling Costs
DrillingCosts
|
644484 | USD |
| CY2013Q1 | thm |
Environmental Costs
EnvironmentalCosts
|
830584 | USD |
| CY2012Q1 | thm |
Environmental Costs
EnvironmentalCosts
|
621944 | USD |
| CY2013Q1 | thm |
Equipment Rental
EquipmentRental
|
68780 | USD |
| CY2012Q1 | thm |
Equipment Rental
EquipmentRental
|
430499 | USD |
| CY2013Q1 | thm |
Mining Activities Field Costs
MiningActivitiesFieldCosts
|
283500 | USD |
| CY2012Q1 | thm |
Geological And Geophysical Costs
GeologicalAndGeophysicalCosts
|
1435580 | USD |
| CY2013Q1 | us-gaap |
Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
|
15050 | USD |
| CY2012Q1 | us-gaap |
Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
|
18203 | USD |
| CY2013Q1 | us-gaap |
Legal Fees
LegalFees
|
78869 | USD |
| CY2012Q1 | us-gaap |
Legal Fees
LegalFees
|
15260 | USD |
| CY2012Q1 | thm |
Costs Incurred Surveying And Mapping Costs
CostsIncurredSurveyingAndMappingCosts
|
60750 | USD |
| CY2013Q1 | us-gaap |
Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
|
21145 | USD |
| CY2012Q1 | us-gaap |
Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
|
15896 | USD |
| CY2013Q1 | us-gaap |
Exploration Expense Mining
ExplorationExpenseMining
|
2794435 | USD |
| us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
554280 | USD | |
| CY2013Q1 | dei |
Document Type
DocumentType
|
10-Q | |
| CY2013Q1 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2013-03-31 | |
| CY2013Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
| CY2013Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
| CY2013Q1 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
| CY2013Q1 | dei |
Entity Filer Category
EntityFilerCategory
|
Accelerated Filer | |
| CY2013Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
98068638 | shares |
| CY2013Q1 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2013 | |
| CY2013Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
| CY2012Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
4.73 | |
| CY2011Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
7215000 | shares |
| CY2012 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
6380000 | shares |
| CY2012 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
|
4050000 | shares |
| CY2012 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
975000 | shares |
| CY2012Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
8570000 | shares |
| CY2011Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
7.48 | |
| CY2012 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
3.26 | |
| CY2012 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
|
7.16 | |
| CY2012 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
5.42 | |
| CY2013Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P3Y9M14D | |
| CY2013Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
98068638 | shares |
| CY2013Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
500000000 | shares |
| CY2012Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
98068638 | shares |
| CY2013Q1 | thm |
Share Based Compensation Arrangement By Share Based Payment Award Percentage Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentageOfSharesAuthorized
|
0.10 | pure |
| CY2012Q4 | thm |
Share Based Compensation Arrangement By Share Based Payment Award Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsNonvestedNumber
|
4386680 | shares |
| CY2013Q1 | thm |
Share Based Compensation Arrangement By Share Based Payment Award Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsNonvestedNumber
|
4785352 | shares |
| CY2013Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
613000 | shares |
| CY2012Q4 | thm |
Share Based Compensation Arrangement By Share Based Payment Award Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
|
2.05 | |
| CY2013Q1 | thm |
Share Based Compensation Arrangement By Share Based Payment Award Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
|
1.91 | |
| CY2013Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
0.50 | |
| CY2013Q1 | thm |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedInPeriodWeightedAverageGrantDateFairValue
|
0.59 | |
| CY2013Q1 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P1Y | |
| CY2013Q1 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
|
3876461 | CAD |
| CY2012Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
680000 | shares |
| CY2012Q1 | thm |
Share Based Compensation Arrangement By Share Based Payment Award Options Granted In Period Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantedInPeriodFairValue
|
1799345 | CAD |
| CY2012Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1965316 | USD |
| CY2013Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1578028 | USD |
| CY2013Q1 | thm |
Share Based Compensation Arrangement By Share Based Payment Award Options Granted In Period Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantedInPeriodFairValue
|
304585 | CAD |
| CY2013Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
613000 | shares |
| CY2013Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P4Y | |
| CY2012 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P4Y | |
| CY2013Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0129 | pure |
| CY2012 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0132 | pure |
| CY2013Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.5948 | pure |
| CY2012 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.6768 | pure |
| CY2013Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.0000 | pure |
| CY2012 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.0000 | pure |
| CY2013Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
|
2.18 | |
| CY2012Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
|
3.26 | |
| us-gaap |
Exploration Expense Mining
ExplorationExpenseMining
|
146823484 | USD | |
| us-gaap |
Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
3547242 | USD | |
| us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-217959337 | USD | |
| us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
2200000 | USD | |
| us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
5343475 | USD | |
| CY2013Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
8993000 | shares |
| CY2013Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
|
190000 | shares |
| CY2013Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
2.18 | |
| CY2013Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
|
9.15 | |
| CY2013Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
4.46 | |
| CY2013Q1 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
|
8993000 | shares |
| CY2013Q1 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
|
4207648 | shares |
| CY2012Q4 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
|
4183321 | shares |
| CY2012Q4 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
|
8570000 | shares |
| CY2013Q1 | thm |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedInPeriod
|
214328 | shares |
| CY2013Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
84251 | USD |
| CY2013Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
98068638 | shares |
| CY2012Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
98068638 | shares |
| CY2012Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
69497526 | USD |
| CY2011Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
78184470 | USD |
| CY2012Q4 | us-gaap |
Receivables Long Term Contracts Or Programs
ReceivablesLongTermContractsOrPrograms
|
582009 | USD |
| CY2012Q1 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-11441965 | USD |
| us-gaap |
Net Income Loss
NetIncomeLoss
|
-45201497 | USD | |
| us-gaap |
Net Income Loss
NetIncomeLoss
|
-232245975 | USD | |
| CY2012Q1 | us-gaap |
Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
|
-10652260 | USD |
| CY2013Q1 | us-gaap |
Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
|
-4618008 | USD |
| us-gaap |
Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
|
-228698733 | USD | |
| thm |
Stock Issued During Period Value Private Placement
StockIssuedDuringPeriodValuePrivatePlacement
|
29768529 | USD | |
| CY2013Q1 | thm |
Period For Estimating Average Gold Price Per Ounce
PeriodForEstimatingAverageGoldPricePerOunce
|
P5Y |
