Supplemental Cash Flow Information

9 Months Ended

Sep. 30, 2011

Supplemental Cash Flow Information

Supplemental Cash Flow Information

17.   Supplemental Cash Flow Information

The following table reconciles net income (loss) for the period to cash from operations:

	Nine Months Ended
	September 30,
	2011			2010
	(in thousands)
Cash flows from operating activities:
Net loss	$	(46,260	)	$	(20,921	)
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Amortization and depreciation	1,580			751
Impairment of accounts receivable	151			—
(Gain) loss on sale of marketable securities	215			(131		)
Fair value of stock/warrants received for mineral rights	—			(423		)
Gain on sale of assets, net	(389		)	(64		)
Income tax provision	(1,070		)	91
Foreign exchange loss on convertable note	472			—
Stock compensation	5,328			1,859
Changes in operating assets and liabilities:
Decrease in trade accounts receivable	—			1,460
(Increase) decrease in prepaid expenses and other assets	346			552
Increase in inventories	(328		)	—
Increase in value added tax recoverable, net	(199		)	—
Increase in accrued interest payable	(60		)	—
Increase in accounts payable and accrued Liabilities	(5,327		)	250
Decrease in deferred leasehold payments	(98		)	(41		)
Decrease (increase) in taxes payable, net	769			(26		)
Other increase	—			65
Treasury shares acquired and retired	(1,834		)	(197		)
Net cash used in operating activities	$	(46,704	)	$	(16,775	)

The following table sets forth supplemental cash flow information and non-cash transactions:

	Nine Months Ended
	September 30,
	2011		2010
	(in thousands)
Supplemental disclosure of non-cash transactions:
Mineral rights acquired with common stock and warrants	$	—	$	794
Stock issued to acquire ECU	223,097		—
FMV of replacement options and warrants	9,853
Stock issued to ECU officer as partial severance payment	1,578		—
	$	234,528	$	794