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Discontinued Operations (Details Textual) (USD $)
12 Months Ended 8 Months Ended 12 Months Ended 1 Months Ended 12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Aug. 31, 2010
Cerro Bayo Mine [Member]
oz
Dec. 31, 2010
Cerro Bayo Mine [Member]
Jul. 31, 2009
Broken Hill [Member]
Dec. 31, 2009
Broken Hill [Member]
Jun. 30, 2009
Broken Hill [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations (Textual) [Abstract]                
Percentage of ownership in the companies       100.00%       100.00%
Cash to be received as per sale agreement       $ 6,000,000   $ 55,000,000    
Shares received from Divesture of business       17,857,143        
Six Equal quarterly installment of Silver in ounce received from Divesture of business       125,000        
Fair value of silver to be delivered       2,300,000        
Net Smelter Royalty on production from Minera Cerro Bayo       2.00%        
Maximum Cumulative ounce of gold for smelter royalty calculation       50,000        
Silver in ounce for smelter royalty       5,000,000        
Fair Value of silver for Smelter Royalty       5,400,000        
Retained value added taxes       3,500,000        
Amount of next reclamation costs associated with Mineral Cerro Bayo's nearby Furioso property to be paid by Mandalay       6,000,000        
Income (loss) on sale of net assets of discontinued operations, net of taxes of $0.0 million for 2011 and $0.0 million for 2010   (2,095,000) 25,537,000 2,100,000 (2,095,000)   25,537,000  
Interest purchased             36,900,000  
Tax on sale of net assets $ 0 $ 0 $ 6,500,000   $ 0   $ 6,500,000