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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
12 Months Ended
Jul. 31, 2014
Jul. 31, 2013
Jul. 31, 2012
CASH (USED IN) PROVIDED BY: OPERATING ACTIVITIES      
Net loss for the year $ (25,975,107) $ (21,863,091) $ (25,083,720)
Adjustments to reconcile net loss to net cash from operating activities      
Stock-based compensation 1,309,450 1,015,787 2,909,503
Depletion, depreciation, amortization and accretion 4,048,870 2,778,624 2,219,924
Impairment loss on mineral properties 653,224 0 0
(Gain) loss on disposition of assets 2,553 (4,249) (6,999)
Loss on fair value of convertible debentures 0 0 49,681
Loss on settlement of convertible debentures 0 0 312,207
Loss on fair value of variable share forward contract 331,130 0 0
Loss (gain) on settlement of current liabilities 20,581 (10,909) (221,292)
(Gain) Loss on settlement of asset retirement obligations (9,831) 32,389 444,448
Realized loss on available-for-sale securities 0 45,750 0
Deferred income tax benefit (69,709) (10,753) (61,788)
Changes in operating assets and liabilities      
Accounts and interest receivable 30,523 228,000 (166,626)
Inventories (700,679) 900,381 899,847
Prepaid expenses and deposits 426,549 (380,766) (433,293)
Accounts payable and accrued liabilities (1,322,106) (1,899,859) 993,865
Settlement of asset retirement obligations (13,551) (142,305) (1,064,220)
NET CASH FLOWS USED IN OPERATING ACTIVITIES (21,268,103) (19,311,001) (19,208,463)
FINANCING ACTIVITIES      
Shares issuance for cash, net of issuance costs 6,559,523 46,464 21,522,863
Net proceeds from debt financing 9,972,944 9,405,946 0
Debt and equity financing costs (635,746) 0 0
Settlement of convertible debentures 0 0 (1,370,486)
Due to related parties 1,663 (37,872) 39,156
NET CASH FLOWS PROVIDED BY FINANCING ACTIVITIES 15,898,384 9,414,538 20,191,533
INVESTING ACTIVITIES      
Investment in mineral rights and properties (161,800) (275,030) (4,444,919)
Purchase of property, plant and equipment (163,276) (179,115) (1,321,678)
Proceeds from disposition of assets 600 5,000 7,500
Decrease (increase) in reclamation deposits 362,280 (497,869) (932,740)
NET CASH FLOWS PROVIDED BY (USED IN) INVESTING ACTIVITIES 37,804 (947,014) (6,691,837)
NET CASH FLOWS (5,331,915) (10,843,477) (5,708,767)
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR 14,171,807 25,015,284 30,724,051
CASH AND CASH EQUIVALENTS, END OF YEAR $ 8,839,892 $ 14,171,807 $ 25,015,284