Cash Flow Information

12 Months Ended

Dec. 31, 2013

Cash Flow Information

Cash Flow Information

17. Cash Flow Information

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

	The Year Ended December 31,
	2013			2012
	(in thousands)
Cash flows from operating activities:
Net income (loss)	$	(240,380	)	$	(92,025	)
Adjustments to reconcile net loss to net cash used in operating activities:
Amortization and depreciation	6,927			10,012
Loss on sale of investments	133			52
Gain on sale of assets, net	(3,626		)	(4,070		)
Accretion of asset retirement obligation	184			101
Asset write off	30			521
Write off of loss contingency	(2,450		)	—
Impairment of long lived assets	243,985			—
Impairment of goodwill	11,666			58,489
Fair value of stock/warrants received for mineral rights	—			(270		)
Deferred income taxes	(47,634		)	(8,014		)
Foreign exchange (gain) loss on loss contingency	(8		)	548
Foreign exchange (gain) loss on deferred tax liability	562			(847		)
Stock compensation	1,555			2,588
Changes in operating assets and liabilities:
Decrease (increase) in trade accounts receivable	1,266			(1,291		)
Decrease in prepaid expenses and other assets	86			2,176
Decrease in inventories	2,511			1,071
Decrease (increase) in value added tax recoverable (net)	2,658			(3,106		)
Decrease in accounts payable and accrued Liabilities	(5,159		)	(2,487		)
Decrease in deferred leasehold payments	(140		)	(95		)
Decrease in reclamation liability	(44		)	—
Other increase (decrease)	—			6
Net cash used in operating activities	$	(27,878	)	$	(36,641	)

The Company did not make any cash payments for interest or income taxes during the years ended December 31, 2013 and 2012.