Prepaid expenses and other current assets

6 Months Ended

Jun. 30, 2013

Prepaid expenses and other current assets

Prepaid expenses and other current assets

7.   Prepaid expenses and other current assets

Prepaid expenses and other current assets consist of the following:

	June 30,		December 31,
	2013		2012
	(in thousands)
Prepaid insurance	$	574	$	611
Prepaid contractor fees and vendor advances	132		148
Recoupable deposits and other	163		285
	$	869	$	1,044

The prepaid contractor fees and vendor advances consist of advance payments made to equipment manufacturers, contractors and suppliers primarily at the Company’s Velardeña Operations in Mexico.

Included in non-current assets at June 30, 2013 and December 31, 2012 were approximately $0.1 million and $0.2 million, respectively, of prepaid insurance on which amortization will be recognized through 2015.