Vista Gold (VGZ) 10-Q 1 Aug 14 2014 Q2 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	6 Months Ended
	Jun. 30, 2014	Jul. 29, 2014
Document and Entity Information [Abstract]	'	'
Entity Registrant Name	'VISTA GOLD CORP	'
Entity Central Index Key	'0000783324	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Accelerated Filer	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q2	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	30-Jun-14	'
Entity Common Stock, Shares Outstanding	'	82,275,217
Trading Symbol	'vgz	'

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Current assets:	'	'
Cash and cash equivalents	$5,711	$5,475
Marketable securities	205	176
Other investments (Note 3)	11,852	'
Current deferred tax asset	'	2,353
Other current assets	1,307	1,840
Total current assets	19,075	9,844
Non-current assets:	'	'
Mineral properties (Note 4)	7,004	7,184
Plant and equipment, net (Note 5)	3,261	3,698
Assets held for sale (Note 5)	6,500	6,500
Amayapampa interest (Note 10)	4,813	4,813
Long-term investments	65	21,055
Long-term deferred tax asset	3,887	'
Total non-current assets	25,530	43,250
Total assets	44,605	53,094
Current liabilities:	'	'
Accounts payable	414	705
Accrued liabilities and other	540	517
Current deferred tax liability	3,887	'
Total current liabilities	4,841	1,222
Non-current liabilities:	'	'
Debt (Note 6)	'	6,506
Long-term deferred tax liability	'	2,353
Total non-current liabilities	'	8,859
Total liabilities	4,841	10,081
Commitments and contingencies - (Note 9)	'	'
Shareholders' equity:	'	'
Common shares, no par value - unlimited shares authorized; shares outstanding: 2014 - 82,275,217 and 2013 - 82,275,217 (Note 7)	404,470	404,470
Additional paid-in capital (Note 7)	33,235	32,487
AccumulatedOtherComprehensiveIncomeLossNetOfTax	3	-59
Accumulated deficit (including during exploration stage: 2014 - $195,953 and 2013 - $194,813)	-397,944	-393,885
Total shareholders' equity	39,764	43,013
Total liabilities and shareholders' equity	$44,605	$53,094

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Shareholders' equity:	'	'
Common Shares, par value	$0	$0
Common Stock Shares Outstanding	'	82,275,217

Consolidated_Statements_Of_Inc

Consolidated Statements Of Income/(Loss) And Comprehensive Income/(Loss) (USD $)	3 Months Ended		6 Months Ended
In Thousands, except Share data, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Operating income and (expenses):	'	'	'	'
Exploration, property evaluation and holding costs	($1,003)	($5,877)	($2,421)	($13,007)
Corporate administration	-1,088	-1,225	-2,363	-3,135
Depreciation and amortization	-224	-267	-441	-542
Total operating expense	-2,315	-7,369	-5,225	-16,684
Non-operating income and (expenses):	'	'	'	'
Gain/(loss) on sale of marketable securities	9	-24	22	-18
Unrealized gain/(loss) on other investments (Note 3)	-632	-18,541	1,422	-47,322
Realized gain on other investments, net (Note 3)	'	'	155	'
Interest income	3	12	7	25
Interest expense	'	-200	-78	-206
Other Nonoperating Income (Expense)	16	696	-362	410
Total non-operating income/(expense)	-604	-18,057	1,166	-47,111
Deferred income tax benefit/(expense)	'	4,411	'	15,374
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollinginterest	-2,919	-25,426	-4,059	-63,795
Net income/(loss)	-2,919	-21,015	-4,059	-48,421
Other comprehensive gain/(loss):	'	'	'	'
Unrealized fair value increase/(decrease) on available-for-sale securities	9	-145	62	-365
Comprehensive income/(loss)	($2,910)	($21,160)	($3,997)	($48,786)
Basic:	'	'	'	'
Weighted average number of basic shares outstanding (in shares)	82,275,217	81,745,476	82,275,217	81,671,873
Net income/(loss) per share, Basic	($0.04)	($0.26)	($0.05)	($0.59)
Diluted:	'	'	'	'
Weighted average number of diluted shares outstanding (in shares)	82,275,217	81,745,476	82,275,217	81,671,873
Net income/(loss) per share, Diluted	($0.04)	($0.26)	($0.05)	($0.59)

Condensed_Consolidated_Stateme

Condensed Consolidated Statements Shareholders' Equity (USD $)	Common Stock [Member]	Additional Paid-In Capital [Member]	Accumulated Deficit [Member]	Accumulated Other Comprehensive Income/(Loss) [Member]	Total
Balances at Dec. 31, 2012	$403,583,000	$32,155,000	($334,397,000)	$2,000	$101,343,000
Beginning Balance, shares at Dec. 31, 2012	81,563,498	'	'	'	'
Shares issued, net of transaction costs	477,000	'	'	'	477,000
Number of shares issued in transaction, (Shares)	711,719	'	'	'	'
Warrants and options	410,000	332,000	'	'	742,000
Other comprehensive loss	'	'	'	-61,000	-61,000
Net Income (loss)	'	'	-59,488,000	'	-59,488,000
Balances at Dec. 31, 2013	404,470,000	32,487,000	-393,885,000	-59,000	43,013,000
Ending Balance, shares at Dec. 31, 2013	82,275,217	'	'	'	'
Stock options expensed	'	123,000	'	'	'
Restricted stock units expensed	'	625,000	'	'	'
Warrants and options	'	748,000	'	'	748,000
Other comprehensive loss	'	'	'	62,000	62,000
Net Income (loss)	'	'	-4,059,000	'	-4,059,000
Balances at Jun. 30, 2014	$404,470,000	$33,235,000	($397,944,000)	$3,000	$39,764,000
Ending Balance, shares at Jun. 30, 2014	82,275,217	'	'	'	'

Condensed_Consolidated_Stateme1

Condensed Consolidated Statements Of Cash Flows (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013
Cash flows from operating activities:	'	'
Net loss for the period	($4,059)	($48,421)
Adjustments to reconcile net loss for the period to net cash used in operations:	'	'
Depreciation and amortization	441	542
Stock-based compensation	748	744
Loss/(gain) on disposal of marketable securities	-22	18
Unrealized loss on other investments	-1,422	47,322
Deferred tax benefit	'	-15,374
Other non-cash items	-162	-264
Change in working capital account items:	'	'
Other current assets	532	1,142
Accounts payable, accrued liabilities and other	-268	-2,204
Net cash used in operating activities	-4,212	-16,495
Cash flows from investing activities:	'	'
Proceeds from sale of marketable securities	55	112
Proceeds from sale of other investments, net	10,560	'
Additions to plant and equipment	-3	-2,206
Change in restricted cash	'	-30
Proceeds from option agreement	180	'
Net cash (used in)/provided by investing activities	10,792	-2,124
Cash flows from financing activities:	'	'
Proceeds from Issuance of Debt	'	9,637
Repayment of debt	-6,344	'
Net cash provided by financing activities	-6,344	9,637
Net increase/(decrease) in cash and cash equivalents	236	-8,982
Cash and cash equivalents, beginning of period	5,475	18,281
Cash and cash equivalents, end of period	$5,711	$9,299

Nature_of_Operations

Nature of Operations	6 Months Ended
	Jun. 30, 2014
Nature Of Operations And Basis Of Presentation [Abstract]	'
Nature Of Operations And Basis Of Presentation	'
	1. Nature of Operations and Basis of Presentation
	Vista Gold Corp. and its subsidiaries (collectively, “Vista,” the “Company,” “we,” “our,” or “us”) are engaged in the gold mining industry. We are focused on the evaluation, acquisition, exploration and advancement of gold exploration and potential development projects, which may lead to gold production or value adding strategic transactions such as earn-in right agreements, option agreements, leases to third parties, joint venture arrangements with other mining companies, or outright sales of assets for cash and/or other consideration.  We look for opportunities to improve the value of our gold projects through exploration drilling and/or technical studies focused on optimizing previous engineering work.
	Our principal asset is our flagship Mt Todd gold project in Northern Territory (“NT”), Australia. We also hold 11.2% of the outstanding common shares in the capital of Midas Gold Corp (“Midas Gold Shares”) and non-core projects in Mexico and the United States and royalty interests in projects in Bolivia and Indonesia.
	The interim Condensed Consolidated Financial Statements (“interim statements”) of the Company are unaudited. In the opinion of management, all adjustments and disclosures necessary for a fair presentation of these interim statements have been included. The results reported in these interim statements are not necessarily indicative of the results that may be reported for the entire year. These interim statements should be read in conjunction with the Company’s Consolidated Financial Statements for the year ended December 31, 2013 filed March 17, 2014 on Form 10-K. The year-end balance sheet data was derived from the audited financial statements and, in accordance with the instructions to Form 10-Q, certain information and footnote disclosures required by United States generally accepted accounting principles (“GAAP”) have been condensed or omitted.

Liquidity

Liquidity	6 Months Ended
	Jun. 30, 2014
Nature Of Operations And Basis Of Presentation [Abstract]	'
Liquidity	'
	2. Liquidity
	These unaudited condensed consolidated financial statements have been prepared on a going concern basis under which an entity is considered to be able to realize its assets and satisfy its liabilities in the normal course of business.  Accordingly, the continuing operations of the Company are dependent upon our ability to secure sufficient funding and to generate future profits from operations.  The underlying value and recoverability of the amounts shown as mineral properties, plant and equipment, assets held for sale, investments and other property interests in the condensed consolidated balance sheets are also dependent on our ability to generate positive cash flow from operations and to continue to fund exploration and development activities that would lead to profitable production or proceeds from the disposition of these assets.  There can be no assurance that we will be successful in disposing of these assets or securing additional funding on terms acceptable to us or at all or developing profitable operations in the future.  These unaudited condensed consolidated financial statements do not include any adjustments relating to the recoverability and classification of recorded assets or liabilities which might be necessary should we not be able to continue as a going-concern.
	Management is strongly committed to careful cash management and maintaining liquidity. The Company’s cash burn rate has been dramatically reduced since 2013 as several cash intensive programs at the Mt Todd gold project such as water treatment and preparation of the preliminary feasibility study have been completed. In addition, several significant cost cutting measures have been introduced including a reduction of management positions, significant reductions in cash compensation for executives, senior management and the Company’s Board of Directors, and the delay or elimination of discretionary programs, including exploration activities. Other aggressive cost cutting measures, particularly at the Mt Todd gold project, are being pursued. In addition, the Company is advancing discussions with the government of the Northern Territory of Australia aimed at establishing a mechanism for sharing the ongoing costs of water management and the associated environmental monitoring at the Mt Todd gold project.
	The Company’s cash burn rate is expected to average less than $2,000 per quarter through the remainder of 2014, assuming a normal start of the 2014-2015 wet season in the Northern Territory of Australia. Subject to this assumption, the Company believes that it can sustain this burn rate through 2015, if necessary. The Company will need additional financing to meet these costs in 2015 and hopes to receive $850 in two installments over the next seven months pursuant to the Guadalupe de los Reyes gold/silver project option agreement with Cangold Limited (Note 5).  The Company also hopes to receive $6,000 related to the 2013 sale of the Los Cardones gold project, subject to the Purchaser’s option to elect to not make this payment (Note 5). In addition, the Company will continue to seek additional financing with priority given to non-dilutive sources such as the sale of non-core assets, including our used mill equipment. However, there can be no assurance that we will receive any of these payments or timely monetize our non-core assets at a value acceptable to us or at all. However, given our ability to liquidate the other investments component of working capital beginning in February 2015, if insufficient capital is available from all other sources, we believe that the Company’s other investments could provide access to sufficient funding for us to operate well into 2016.

Recent_Accounting_Pronouncemen

Recent Accounting Pronouncements	6 Months Ended
	Jun. 30, 2014
Nature Of Operations And Basis Of Presentation [Abstract]	'
Recent Accounting Pronouncements	'
	3. Recent Accounting Pronouncements
	Elimination of Certain Financial Reporting Requirements, Including an Amendment to Variable Interest Entities Guidance in Topic 810, Consolidation
	In June 2014, the Financial Accounting Standards Board issued guidance related to financial statement presentation for development stage enterprises. The standard removes the definition of a development stage entity from the Master Glossary of the Accounting Standards Codification, thereby removing the financial reporting distinction between development stage entities and other reporting entities from U.S. GAAP. In addition, the standard eliminates the requirements for development stage entities to (1) present inception-to-date information in the statements of income, cash flows, and shareholder equity, (2) label the financial statements as those of a development stage entity, (3) disclose a description of the development stage activities in which the entity is engaged, and (4) disclose in the first year in which the entity is no longer a development stage entity that in prior years it had been in the development stage. The standard is effective for annual reporting periods beginning after December 15, 2014, and interim periods therein, with early adoption permitted. As a result, we adopted this standard as of June 30, 2014 and eliminated since inception information from our financial statements.

Other_Investments

Other Investments	6 Months Ended
	Jun. 30, 2014
Other Investments [Abstract]	'
Other Investments	'
	4. Other Investments
	Midas Gold Corp. Combination
	In April 2011, Vista completed a combination with Midas Gold, Inc. (the “Combination”), creating Midas Gold Corp, whereby Vista was issued 30,402,615 Midas Gold Shares. Concurrently with the Combination, we purchased 1,400,000 Midas Gold Shares for an aggregate purchase price of $3,632 as part of a private placement. Following completion of these transactions, Vista held a total of 31,802,615 Midas Gold Shares representing 24.9% of the Midas Gold Shares outstanding as of December 31, 2013.
	During February 2014, we sold 16,000,000 Midas Gold Shares, for gross proceeds of C$12,800 ($11,640), reducing the total Midas Gold Shares we own to 15,802,615 or approximately 11.2% of the Midas Gold Shares outstanding, on a non-dilutive basis, as of June 30, 2014. This sale resulted in a realized gain on other investments of $155 based on the realized value at the time of the sale compared to the fair value of the Midas Gold Shares at December 31, 2013 less costs to sell.
	In addition, during February 2014, we entered into a lockup agreement whereby we agreed not to sell any of our remaining Midas Gold Shares through February 2015.
	Upon initial recognition of its investment in the Midas Gold Shares, Vista elected to apply the fair value option, and as such, the investment is recorded at fair value in the Condensed Consolidated Balance Sheets. Subsequent changes in fair value are recorded in the Condensed Consolidated Statements of Income/(Loss) and Comprehensive Income/(Loss) in the period in which they occur.
	The following table summarizes our investment in Midas Gold Shares as at June 30, 2014 and December 31, 2013.
				30-Jun-14		31-Dec-13
	Fair value at beginning of period		$	20,990	$	69,489
	Sale of Midas Gold Shares, net of costs to sell			-10,560		-
	Unrealized gain/(loss) based on the fair value at the end of the period			1,422		-48,499
	Fair value at end of period		$	11,852	$	20,990
	Estimated tax benefit/(expense) for the period		$	-492	$	17,915
	Midas Gold Shares held at the end of the period			15,802,615		31,802,615
	In 2014, we reclassified our investment in Midas Gold Shares from non-current assets to current assets as the shares were no longer subject to a pledge as debt security (Note 7).   The change in the presentation of the Company’s current and non-current deferred tax balances during 2014 is primarily attributable to the re-classification, from non-current to current, of U.S. deferred tax liabilities associated with our investment in Midas Gold Shares.  The classification of the deferred tax balances was also impacted by the sale of a portion of our Midas Gold Shares, as discussed above.  The sale of Midas Gold Shares by us resulted in a reduction of current deferred tax assets for U.S. net operating loss carry forwards and of non-current U.S. deferred tax liabilities associated with our Midas Gold Shares investment.
	As we elected the fair value method to account for our investment in Midas Gold Shares, we are required to provide summarized information for the period in which we held a greater than 20% interest in the outstanding Midas Gold Shares.  As a result, summarized financial information for Midas Gold as of December 31, 2013 and for the six months ended June 30, 2013, which are prepared in accordance with International Financial Reporting Standards is as follows.
			31-Dec-13
	Total current assets	$	14,742
	Total non-current assets		186,673
	Total current liabilities		2,432
	Total non-current liabilities		919
	Total equity		198,064
			Twelve months ended December 31, 2013			Six months ended June 30, 2013
	Operating expense	$	3,908		$	2,268
	Net loss		3,796			2,337

Mineral_Properties

Mineral Properties	6 Months Ended
	Jun. 30, 2014
Mineral Properties [Abstract]	'
Mineral Properties	'
	5. Mineral Properties
			At June 30, 2014		At December 31, 2013
	Mt. Todd, Australia	$	2,146	$	2,146
	Guadalupe de los Reyes, Mexico		2,572		2,752
	Los Cardones, Mexico		1,536		1,536
	Long Valley, United States		750		750
		$	7,004	$	7,184
	Proceeds received less costs associated with the transactions discussed below are applied to the capitalized cost basis of the respective project until the cost basis is depleted to zero. At that point, net proceeds received will be recorded as gain/(loss) on disposal of mineral properties in the condensed consolidated statement of income/loss.
	Guadalupe de los Reyes Gold/Silver Project, Sinaloa, Mexico
	During January 2014, we announced that we signed a non-binding letter of intent (the “LOI”) to option our interest in the Guadalupe de los Reyes gold/silver project in Sinaloa, Mexico to Cangold Limited (“Cangold”).
	The LOI provided that a non-refundable $50 payment be made to Vista for which Cangold would have a 90 day period of exclusivity to complete due diligence and negotiate and enter into a definitive option agreement with Vista (the “Option Agreement”).
	During April 2014, Minera Gold Stake S.A. de C.V. (“MGS”), Vista’s wholly-owned subsidiary, entered into the Option Agreement to option its interest in the Guadalupe de los Reyes gold/silver project in Sinaloa, Mexico to Cangold.
	Pursuant to the terms of the Option Agreement, Vista has granted Cangold the right to earn a 70% interest in the Guadalupe de los Reyes gold/silver project by:
		·		making payments totaling $5,000 in five payments over a three-year period, with payments totaling $1,000 in the first year ($150 of which was paid at signing), $1,500 in the second year and $2,500 in the third year;
		·		operating the Guadalupe de los Reyes gold/silver project and maintaining the concessions comprising the Guadalupe de los Reyes gold/silver project in good standing; and
		·		fulfilling all of the obligations of MGS to the Ejido La Tasajera (the “Ejido”) as set out in the temporary occupation contract between MGS and the Ejido.
	The Option Agreement provides that all cash payments are non-refundable and optional to Cangold, and in the event Cangold fails to pay any of the required amounts on the scheduled dates or fails to comply with its other obligations, the Option Agreement will terminate and Cangold will have no interest in the Guadalupe de los Reyes gold/silver project. Provided it is not in breach of the Option Agreement, Cangold may at its discretion advance the above payment schedule and exercise the initial option for a 70% interest in the Guadalupe de los Reyes gold/silver project any time during the three-year period.
	Subject to Cangold earning a 70% interest in the Guadalupe de los Reyes gold/silver project, MGS has granted Cangold the option to earn the remaining 30% interest in the Guadalupe de los Reyes gold/silver project by notifying MGS of a production decision no later than the tenth anniversary of exercising the first option and by making a cash payment to MGS of $3,000 plus an additional cash payment based on a formula that includes the growth, if any, in estimated measured and indicated mineral resources of the Guadalupe de los Reyes gold/silver project, and the then prevailing spot gold price (“Escalator Payment”).
	Should Cangold determine not to put the Guadalupe de los Reyes gold/silver project into production, the Option Agreement provides MGS with the right to buy back Cangold’s 70% interest in the Guadalupe de los Reyes gold/silver project for a cash payment of $5,000 plus the Escalator Payment described above.  If MGS does not exercise its buyback option, MGS will still retain a right of first refusal should Cangold elect to sell its 70% interest in the Guadalupe de los Reyes gold/silver project to a third party.
	Los Cardones
	During October 2013, we and Invecture Group, S.A. de C.V. and RPG Structured Finance S.a.R.L. (together the “Purchasers”) entered into agreements whereby we sold our 100% debt and equity interest in the Los Cardones gold project located in Baja California Sur, Mexico (“Los Cardones Sale”) to the Purchasers for a total of $13,000 ($7,000 of which was paid in October 2013 and $6,000 of which was payable January 2014 (the “Subsequent Payment”) subject to the Purchasers’ option to elect to not make the Subsequent Payment).  In January 2014, the due date for the Subsequent Payment was extended to July 31, 2014 for additional consideration of $250 payable on July 31, 2014. As a result of permitting delays, we and the Purchasers have agreed to an additional extension of the due date of the Subsequent Payment to January 30, 2015 (the “Second Extension”) for additional consideration of $250 (see Note 13 for subsequent event discussion). The Company expects to receive a cash payment of $500 comprising the First Extension Consideration and the Second Extension Consideration on or about August 1, 2014. If the Purchasers elect to not make the Subsequent Payment, we will retain all payments already received and 100% of the Los Cardones gold project will be returned to us.

Plant_And_Equipment

Plant And Equipment	6 Months Ended
	Jun. 30, 2014
Plant And Equipment [Abstract]	'
Plant And Equipment	'
	6. Plant and Equipment
			30-Jun-14						31-Dec-13
			Cost		Accumulated depreciation		Net		Cost		Accumulated depreciation		Net
	Mt. Todd, Australia	$	5,479	$	2,383	$	3,096	$	5,476	$	1,993	$	3,483
	Guadalupe de los Reyes, Mexico		17		6		11		17		5		12
	Corporate, United States		403		249		154		780		577		203
		$	5,899	$	2,638	$	3,261	$	6,273	$	2,575	$	3,698
			30-Jun-14						31-Dec-13
			Book value beginning of period		Write-downs during the period		Book value end of period		Book value beginning of period		Write-downs during the period		Book value end of period
	Assets held for sale (mill equipment)	$	6,500	$	-	$	6,500	$	10,000	$	3,500	$	6,500
	During the year ended December 31, 2013, given the relatively weak market conditions in the gold mining sector, based on an updated independent assessment from a third party, we recorded a Level 3 impairment charge of $3,500 to write-down the value of the mill equipment which is held for sale (Note 10).

Debt

Debt	6 Months Ended
	Jun. 30, 2014
Debt [Abstract]	'
Debt	'
	7. Debt
	During March 2013, the Company entered into a credit agreement with Sprott Resources Lending Partnership (the “Lender”) for purposes of establishing a C$10,000 ($9,764) loan facility (the “2013 Facility”). The 2013 Facility bore an interest rate of 8% per annum, payable monthly and originally matured March 2014, with early repayment of the 2013 Facility allowed, at the Company’s option, provided that at least four months interest had been paid. In September 2013, the Company and the Lender reached an agreement to extend the maturity date of the 2013 Facility to March 2015.
	The 2013 Facility was secured by a general security agreement (“GSA”) with certain exclusions and conditions with respect to asset dispositions and a pledge of all the Company’s Midas Gold Shares (Note 4).
	During February 2014, in accordance with the terms of the 2013 Facility, the Company repaid approximately C$5,516  ($5,000) of the 2013 Facility principal outstanding using proceeds from the sale of Midas Gold Shares (Note 4), reducing the principal balance to approximately C$1,443  ($1,300).   During March 2014, we repaid the 2013 Facility in full.

Additional_PaidIn_Capital

Additional Paid-In Capital	6 Months Ended
	Jun. 30, 2014
Additional Paid-In Capital [Abstract]	'
Additional Paid-In Capital	'
	8. Additional Paid-in Capital
			Warrants			Stock options and RSUs			Other paid-in capital			Total additional paid-in capital
	As of December 31, 2013	$	12,936		$	7,987		$	11,564		$	32,487
	Stock options amortization		-			123			-			123
	Restricted stock units expensed		-			625			-			625
	As of June 30, 2014	$	12,936		$	8,735		$	11,564		$	33,235
	Warrants
	Warrant activity is summarized in the following table:
			Warrants outstanding		Fair value at issuance date		Weighted average exercise price per share		Weighted average remaining life (yrs.)		Intrinsic value
	As of December 31, 2013		19,977,743	$	12,936	$	4.63		1.6	$	-
	As of June 30, 2014		19,977,743	$	12,936	$	4.63		1.1	$	-
	The 19,977,743 outstanding warrants expire in the following time frames: 2,666,666 expire July 2014 (see Note 13 for subsequent event discussion), 2,091,275 expire December 2014, and 15,219,802 expire in October 2015.
	Stock-Based Compensation
	Under our Stock Option Plan (the “Plan”) and our Long-Term Equity Incentive Plan (the “LTIP”), we may grant options and/or restricted stock units (“RSUs”) or restricted stock awards (“RSAs”) to our directors, officers, employees and consultants.  The combined maximum number of our Common Shares that may be reserved for issuance under the Plan and the LTIP is a variable number equal to 10% of the issued and outstanding Common Shares on a non-diluted basis.    Options under the Plan are granted from time to time at the discretion of the Board of Directors of the Company (“Board”), with vesting periods and other terms as determined by the Board.  The LTIP is administered by the Board, which can delegate the administration to the Compensation Committee of the Board or to such other officers and employees of Vista as designated by the Board.  Stock-based compensation expense for the three and six months ended June 30, 2014 and 2013 is as follows:
			Three months ended June 30,						Six months ended June 30,
			2014			2013			2014			2013
	Stock options	$	19		$	110		$	123		$	218
	Restricted stock units		315			-242			625			526
		$	334		$	-132		$	748		$	744
	As of June 30, 2014, stock options and RSUs had unrecognized compensation expense of $57 and $1,187, respectively, which is expected to be recognized over a weighted average period of 2.20 and 1.52 years, respectively.
	Stock Options
	A summary of option activity under the Plan as of June 30, 2014 and changes during the period then ended is set forth in the following table:
			Number of options		Weighted average exercise price per option		Weighted average remaining contractual term		Aggregate intrinsic value
	Outstanding - December 31, 2013		2,882,500	$	1.79		3.07	$	54
	Granted		175,000		0.52
	Expired		-140,000		2.15
	Outstanding - June 30, 2014		2,917,500	$	1.70		2.80	$	135
	Exercisable - June 30, 2014		2,196,250	$	2.13		2.22	$	60
	A summary of our unvested stock options as of June 30, 2014 and changes during the period then ended is set forth in the following table:
							Number of options		Weighted average grant-date fair value per option		Weighted average remaining amortization period (Years)
	Unvested - December 31, 2013						738,750	$	0.22
	Granted						175,000
	Vested						-192,500
	Unvested - June 30, 2014						721,250	$	0.24		2.20
	The fair value of stock options granted to employees, directors and consultants was estimated at the grant date using the Black-Scholes option pricing model using the following assumptions:
			30-Jun-14
	Expected volatility		69.17%
	Risk-free interest rate		1.75%
	Expected life (years)		5
	Dividend yield		N/A
	Forfeiture assumption		10%
	Option pricing models require the input of highly subjective assumptions, including the expected price volatility.  Expected price volatility is based on the historical volatility of our common shares.  Changes in the subjective input assumptions can materially affect the fair value estimate.  The expected term of the options granted represents the period of time that the options granted are expected to be outstanding.  The risk-free rate for the periods within the contractual term of the option is based on the U.S. Treasury yield curve in effect at the date of grant.
	Restricted Stock Units
	The following table summarizes the RSU activity under the LTIP as of June 30, 2014 and changes during the years then ended:
			Number of units		Weighted average grant-date fair value per unit
	Unvested - December 31, 2013		2,594,464	$	2.00
	Unvested - June 30, 2014		2,594,464	$	2.00
	A portion of the RSU awards vest on a fixed future date provided the recipient continues to be affiliated with Vista on that date.  Other RSU awards vest subject to certain performance criteria, including the accomplishment of certain corporate objectives and the Company’s share price performance.  The vesting period for time based RSUs is at least one year.

Accumulated_Other_Comprehensiv

Accumulated Other Comprehensive Income/(Loss)	6 Months Ended
	Jun. 30, 2014
Accumulated Other Comprehensive Income [Abstract]	'
Accumulated Other Comprehensive Income	'
	9. Accumulated Other Comprehensive Income/(Loss)
			Accumulated		Accumulated
			other comprehensive		other comprehensive
			income (loss)		income (loss), net of tax
	As of December 31, 2013	$	-59	$	-50
	Other comprehensive income due to change in fair market value of marketable securities during period before reclassifications		40		34
	Reclassifications due to realization of gain/loss on sale of marketable securities (1)		22		19
	As of June 30, 2014	$	3	$	3
		-1		Reclassified to gain/(loss) on sale of marketable securities on the Condensed Consolidated Statement of Income/(Loss) and Comprehensive Income/(Loss).

Commitments_And_Contingencies

Commitments And Contingencies	6 Months Ended
	Jun. 30, 2014
Commitments And Contingencies [Abstract]	'
Commitments And Contingencies	'
	10. Commitments and Contingencies
	Our exploration and development activities are subject to various laws and regulations governing the protection of the environment. These laws and regulations are continually changing and are generally becoming more restrictive. As such, the future expenditures that may be required for compliance with these laws and regulations cannot be predicted. We conduct our operations to minimize effects on the environment and believe our operations are in compliance with applicable laws and regulations in all material respects.
	Under our agreement with the Jawoyn Association Aboriginal Corporation (the  “JAAC”), we must offer the JAAC the opportunity to establish a joint venture with Vista holding 90% and the JAAC holding 10% participating interests, respectively, in the Mt Todd gold project. In addition, the JAAC will be entitled to an annual cash payment, or payment in kind, equal to 1% of the value of the annual gold production from the current mining licenses, and a 1% NSR royalty on other metals, subject to a minimum payment of A$50 per year.

Fair_Value_Accounting

Fair Value Accounting	6 Months Ended
	Jun. 30, 2014
Fair Value [Abstract]	'
Fair Value Accounting	'
	11.  Fair Value Accounting
	The following table sets forth the Company’s assets measured at fair value on a recurring basis by level within the fair value hierarchy. As required by accounting guidance, assets are classified in their entirety based on the lowest level of input that is significant to the fair value measurement.
				Fair value at June 30, 2014
				Total		Level 1		Level 3
	Assets:
		Cash equivalents	$	4,000	$	4,000	$	-
		Marketable securities		205		205		-
		Other investments (Midas Gold Shares)		11,852		11,852		-
		Mill equipment, held for sale		6,500		-		6,500
				Fair value at December 31, 2013
				Total		Level 1		Level 3
	Assets:
		Cash equivalents	$	3,000	$	3,000	$	-
		Marketable securities		176		176		-
		Other investments (Midas Gold Shares)		20,990		20,990		-
		Mill equipment, held for sale		6,500		-		6,500
	Our cash equivalent instruments, marketable securities and investment in Midas Gold Shares are classified as Level 1 of the fair value hierarchy as they are valued at quoted market prices in an active market.
	The Company incurred a Level 3 impairment loss on the mill equipment (Note 5) for the year ended December 31, 2013. This equipment was valued at $6,500 at December 31, 2013, based on a third party assessment of the projected sale value giving full consideration to current market conditions and an orderly sale process. This valuation was used to determine the Level 3 impairment charge taken in 2013. The mill equipment is categorized as assets held for sale on the Condensed Consolidated Balance Sheets.
	At June 30, 2014, the assets classified within Level 3 of the fair value hierarchy represent 29% of the total assets measured at fair value. There have been no transfers between levels in 2014 nor have there been any changes in valuation techniques.
	As of June 30, 2014, the Company also had the Amayapampa interest, comprised of a right to receive an NSR royalty on future gold production, if any, plus certain additional cash payments if the project successfully starts commercial production.  Under certain conditions, Amayapampa is subject to measurement at fair value on a non-recurring basis. Measurement at fair value in subsequent periods will be applicable if Amayapampa is determined to be impaired; however, no triggering events have occurred during the six months ended June 30, 2014. If an impairment of the Amayapampa interest becomes necessary, such fair value measurement will be determined utilizing Level 3 inputs.

Geographic_And_Segment_informa

Geographic And Segment information	6 Months Ended
	Jun. 30, 2014
Geographic And Segment information [Abstract]	'
Geographic And Segment Information	'
	12. Geographic and Segment Information
	The Company has one reportable operating segment, consisting of evaluation, acquisition, and exploration activities.  We evaluate, acquire, explore and advance gold exploration and potential development projects, which may lead to gold production or value adding strategic transactions.  These activities are focused principally in Australia and North America. We reported no revenues during the three and six months ended June 30, 2014 and 2013.  Geographic location of mineral properties and plant and equipment is provided in Notes 5 and 6, respectively.

Subsequent_Events

Subsequent Events	6 Months Ended
	Jun. 30, 2014
Subsequent Events [Abstract]	'
Subsequent Events	'
	13. Subsequent Events
	Corporate
	During July 2014, we filed a final short form base shelf prospectus with the securities commissions in each province and territory of Canada (other than Quebec) and an amendment to our shelf registration statement on Form S-3 filed with the United States Securities and Exchange Commission. For further details see our Current Report on Form 8-K as filed with the SEC and the Canadian securities commissions.
	During July 2014, 2,666,666 warrants which entitled the holder to purchase one common share at a price of $3.18 or $3.60, depending on the warrant, for a period of 24 months, expired unexercised.
	During July 2014, the Company issued 2,079,000 RSUs to its employees and directors.  A portion of the RSU awards vest on a fixed future date provided the recipient continues to be affiliated with Vista on that date.  Other RSU awards vest subject to certain performance criteria as measured by the Company’s share price performance.  The vesting period for time based RSUs is at least one year.
	Los Cardones
	During July 2014, the Company and the Purchasers agreed to extend the due date for the Subsequent Payment for the Los Cardones gold project by six months to January 30, 2015 (the “Second Extension”).  As consideration for the Second Extension, the Purchasers will pay Vista $250. In January 2014, Vista and the Purchasers had agreed to extend the due date of this payment to July 31, 2014 (“First Extension”).  As consideration for the First Extension, the Purchasers agreed to pay Vista $250 on July 31, 2014, (the “First Extension Consideration”). The Company expects to receive a cash payment of $500 comprising the First Extension Consideration and the Second Extension Consideration on or about August 1, 2014.

Other_Investments_Tables

Other Investments (Tables)	6 Months Ended
	Jun. 30, 2014
Other Investments [Abstract]	'
Summary Of Financial Information For Midas	'
			31-Dec-13
	Total current assets	$	14,742
	Total non-current assets		186,673
	Total current liabilities		2,432
	Total non-current liabilities		919
	Total equity		198,064
			Twelve months ended December 31, 2013			Six months ended June 30, 2013
	Operating expense	$	3,908		$	2,268
	Net loss		3,796			2,337
Schedule Of Summarizes Of Investment	'
				30-Jun-14		31-Dec-13
	Fair value at beginning of period		$	20,990	$	69,489
	Sale of Midas Gold Shares, net of costs to sell			-10,560		-
	Unrealized gain/(loss) based on the fair value at the end of the period			1,422		-48,499
	Fair value at end of period		$	11,852	$	20,990
	Estimated tax benefit/(expense) for the period		$	-492	$	17,915
	Midas Gold Shares held at the end of the period			15,802,615		31,802,615

Mineral_Properties_Tables

Mineral Properties (Tables)	6 Months Ended
	Jun. 30, 2014
Mineral Properties [Abstract]	'
Schedule Of Business Acquisitions By Acquisition	'
			At June 30, 2014		At December 31, 2013
	Mt. Todd, Australia	$	2,146	$	2,146
	Guadalupe de los Reyes, Mexico		2,572		2,752
	Los Cardones, Mexico		1,536		1,536
	Long Valley, United States		750		750
		$	7,004	$	7,184

Plant_And_Equipment_Tables

Plant And Equipment (Tables)	6 Months Ended
	Jun. 30, 2014
Plant And Equipment [Abstract]	'
Schedule Of Plant And Equipment	'
			30-Jun-14						31-Dec-13
			Cost		Accumulated depreciation		Net		Cost		Accumulated depreciation		Net
	Mt. Todd, Australia	$	5,479	$	2,383	$	3,096	$	5,476	$	1,993	$	3,483
	Guadalupe de los Reyes, Mexico		17		6		11		17		5		12
	Corporate, United States		403		249		154		780		577		203
		$	5,899	$	2,638	$	3,261	$	6,273	$	2,575	$	3,698
			30-Jun-14						31-Dec-13
			Book value beginning of period		Write-downs during the period		Book value end of period		Book value beginning of period		Write-downs during the period		Book value end of period
	Assets held for sale (mill equipment)	$	6,500	$	-	$	6,500	$	10,000	$	3,500	$	6,500

Additional_PaidIn_Capital_Tabl

Additional Paid-In Capital (Tables)	6 Months Ended
	Jun. 30, 2014
Additional Paid-In Capital [Abstract]	'
Schedule Of Additional Paid-In Capital	'
			Warrants			Stock options and RSUs			Other paid-in capital			Total additional paid-in capital
	As of December 31, 2013	$	12,936		$	7,987		$	11,564		$	32,487
	Stock options amortization		-			123			-			123
	Restricted stock units expensed		-			625			-			625
	As of June 30, 2014	$	12,936		$	8,735		$	11,564		$	33,235
Summary Of Warrant Activity	'
			Warrants outstanding		Fair value at issuance date		Weighted average exercise price per share		Weighted average remaining life (yrs.)		Intrinsic value
	As of December 31, 2013		19,977,743	$	12,936	$	4.63		1.6	$	-
	As of June 30, 2014		19,977,743	$	12,936	$	4.63		1.1	$	-
Summary Of The Fair Value Of All Awards issued Under Stock Compensation Plans	'
			Three months ended June 30,						Six months ended June 30,
			2014			2013			2014			2013
	Stock options	$	19		$	110		$	123		$	218
	Restricted stock units		315			-242			625			526
		$	334		$	-132		$	748		$	744
Summary Of Option Activity	'
			Number of options		Weighted average exercise price per option		Weighted average remaining contractual term		Aggregate intrinsic value
	Outstanding - December 31, 2013		2,882,500	$	1.79		3.07	$	54
	Granted		175,000		0.52
	Expired		-140,000		2.15
	Outstanding - June 30, 2014		2,917,500	$	1.70		2.80	$	135
	Exercisable - June 30, 2014		2,196,250	$	2.13		2.22	$	60
Summary Of The Status Of Unvested Stock Options	'
							Number of options		Weighted average grant-date fair value per option		Weighted average remaining amortization period (Years)
	Unvested - December 31, 2013						738,750	$	0.22
	Granted						175,000
	Vested						-192,500
	Unvested - June 30, 2014						721,250	$	0.24		2.20
Schedule of Share Based Payments Valuation Assumptions	'
			30-Jun-14
	Expected volatility		69.17%
	Risk-free interest rate		1.75%
	Expected life (years)		5
	Dividend yield		N/A
	Forfeiture assumption		10%
Summary Of Restricted Stock Units Activity	'
			Number of units		Weighted average grant-date fair value per unit
	Unvested - December 31, 2013		2,594,464	$	2.00
	Unvested - June 30, 2014		2,594,464	$	2.00

Accumulated_Other_Comprehensiv1

Accumulated Other Comprehensive Income (Tables)	6 Months Ended
	Jun. 30, 2014
Accumulated Other Comprehensive Income [Abstract]	'
Reconciliation Of Amounts Contained In Accumulated Other Comprehensive Income	'
			Accumulated		Accumulated
			other comprehensive		other comprehensive
			income (loss)		income (loss), net of tax
	As of December 31, 2013	$	-59	$	-50
	Other comprehensive income due to change in fair market value of marketable securities during period before reclassifications		40		34
	Reclassifications due to realization of gain/loss on sale of marketable securities (1)		22		19
	As of June 30, 2014	$	3	$	3
	Reclassified to gain/(loss) on sale of marketable securities on the Condensed Consolidated Statement of Income/(Loss) and Comprehensive Income/(Loss)

Fair_Value_Accounting_Tables

Fair Value Accounting (Tables)	6 Months Ended
	Jun. 30, 2014
Fair Value Accounting [Abstract]	'
Financial Instruments Table	'
				Fair value at June 30, 2014
				Total		Level 1		Level 3
	Assets:
		Cash equivalents	$	4,000	$	4,000	$	-
		Marketable securities		205		205		-
		Other investments (Midas Gold Shares)		11,852		11,852		-
		Mill equipment, held for sale		6,500		-		6,500
				Fair value at December 31, 2013
				Total		Level 1		Level 3
	Assets:
		Cash equivalents	$	3,000	$	3,000	$	-
		Marketable securities		176		176		-
		Other investments (Midas Gold Shares)		20,990		20,990		-
		Mill equipment, held for sale		6,500		-		6,500
Financial Instruments Table	'
				Fair value at June 30, 2014
				Total		Level 1		Level 3
	Assets:
		Cash equivalents	$	4,000	$	4,000	$	-
		Marketable securities		205		205		-
		Other investments (Midas Gold Shares)		11,852		11,852		-
		Mill equipment, held for sale		6,500		-		6,500
				Fair value at December 31, 2013
				Total		Level 1		Level 3
	Assets:
		Cash equivalents	$	3,000	$	3,000	$	-
		Marketable securities		176		176		-
		Other investments (Midas Gold Shares)		20,990		20,990		-
		Mill equipment, held for sale		6,500		-		6,500
Fair Value Accounting	'
				Fair value at June 30, 2014
				Total		Level 1		Level 3
	Assets:
		Cash equivalents	$	4,000	$	4,000	$	-
		Marketable securities		205		205		-
		Other investments (Midas Gold Shares)		11,852		11,852		-
		Mill equipment, held for sale		6,500		-		6,500
				Fair value at December 31, 2013
				Total		Level 1		Level 3
	Assets:
		Cash equivalents	$	3,000	$	3,000	$	-
		Marketable securities		176		176		-
		Other investments (Midas Gold Shares)		20,990		20,990		-
		Mill equipment, held for sale		6,500		-		6,500

Nature_of_Operations_Details

Nature of Operations (Details) (Midas Gold Shares [Member])	Jun. 30, 2014
Midas Gold Shares [Member]	'
Holding percentage	11.20%

Liquidity_Details

Liquidity - (Details) (USD $)	1 Months Ended	12 Months Ended	6 Months Ended
In Thousands, unless otherwise specified	Jul. 31, 2013	Dec. 31, 2014	Jun. 30, 2014
	Subsequent Event [Member]	Subsequent Event [Member]	Guadalupe de los Reyes gold/silver project [Member]
Cash Burn Rate Per Quarter	'	$2,000	'
Anticipation sale amount to be receive subject to purchase option	$6,000	'	$850

Other_Investments_Narrative_De

Other Investments (Narrative) (Details)	3 Months Ended	6 Months Ended		12 Months Ended	1 Months Ended					1 Months Ended
In Thousands, except Share data, unless otherwise specified	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013	Feb. 28, 2014	Feb. 28, 2014	Apr. 30, 2011	Jun. 30, 2014	Dec. 31, 2013	Apr. 30, 2011
	USD ($)		USD ($)	USD ($)	Midas Gold Corp [Member]	Midas Gold Corp [Member]	Midas Gold Corp [Member]	Midas Gold Corp [Member]	Midas Gold Corp [Member]	Midas Gold Corp [Member]
					USD ($)	CAD				Private Placement [Member]
										USD ($)
Subsidiary, Sale of Stock [Line Items]	'	'	'	'	'	'	'	'	'	'
Number of shares issued in transaction, (Shares)	'	'	'	'	'	'	30,402,615	'	'	'
Number of shares acquired (in shares)	'	'	'	'	'	'	'	'	'	1,400,000
Aggregate purchase price	'	'	'	'	'	'	'	'	'	$3,632
ProceedsFromSaleOfInvestmentProjects	'	'	'	'	-11,640	12,800	'	'	'	'
CommonStockSharesIssued	'	'	'	'	16,000,000	16,000,000	'	'	'	'
Common stock, shares held (in shares)	'	82,275,217	'	82,275,217	'	'	'	'	31,802,615	'
Stock Issued During Period, Value, New Issues	'	'	'	477	'	'	'	'	'	'
Total Midas Common Stock Outstanding (in shares)	'	'	'	'	'	'	'	15,802,615	'	'
Percentage of basic shares of subsidiary held	'	11.20%	'	24.90%	'	'	'	'	'	'
Deferred income tax benefit/(expense)	$4,411	'	$15,374	'	'	'	'	'	'	'
Common Stock Shares Outstanding	'	82,275,217	'	82,275,217	'	'	'	'	31,802,615	'
Total Midas Common Stock Outstanding (in shares)	'	'	'	'	'	'	'	15,802,615	'	'

Other_Investments_Summarizes_O

Other Investments (Summarizes Our Investment) (Details) (USD $)	6 Months Ended	12 Months Ended
In Thousands, except Share data, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Fair value at beginning of period	$20,990	'
Sale of Midas Gold Shares, net of costs to sell	-10,560	'
Fair value at end of period	11,852	'
Midas Gold shares held at the end of the period	82,275,217	82,275,217
Midas Gold Shares [Member]	'	'
Fair value at beginning of period	20,990	69,489
Sale of Midas Gold Shares, net of costs to sell	-10,560	'
Unrealized gain/(loss) based on the fair value at the end of the period	1,422	-48,499
Fair value at end of period	11,852	20,990
Estimated tax benefit/(expense) for the period	($492)	$17,915
Total Midas Common Stock Outstanding (in shares)	15,802,615	31,802,615

Other_Investments_Summary_Of_F

Other Investments (Summary Of Financial Information For Midas) (Details) (USD $)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013	Dec. 31, 2012
Total current assets	$19,075,000	'	$19,075,000	'	$9,844,000	'
Total non-current assets	25,530,000	'	25,530,000	'	43,250,000	'
Total current liabilities	4,841,000	'	4,841,000	'	1,222,000	'
Total non-current liabilities	'	'	'	'	8,859,000	'
Total equity	39,764,000	'	39,764,000	'	43,013,000	101,343,000
Operating expense	-2,315,000	-7,369,000	-5,225,000	-16,684,000	'	'
Net Income (loss)	-2,919,000	-21,015,000	-4,059,000	-48,421,000	-59,488,000	'
Midas Gold Corp [Member]	'	'	'	'	'	'
Total current assets	14,742,000	'	14,742,000	'	'	'
Total non-current assets	186,673,000	'	186,673,000	'	'	'
Total current liabilities	2,432,000	'	2,432,000	'	'	'
Total non-current liabilities	919,000	'	919,000	'	'	'
Total equity	198,064,000	'	198,064,000	'	'	'
Operating expense	'	'	3,908,000	'	2,268,000	'
Net Income (loss)	'	'	$3,796,000	'	$2,337,000	'

Mineral_Properties_Narrative_D

Mineral Properties (Narrative) (Details) (USD $)	1 Months Ended
In Thousands, unless otherwise specified	Jul. 31, 2014	Oct. 31, 2013	Jan. 31, 2014	Oct. 31, 2013	Jul. 31, 2013
			Los Cardones, Mexico [Member]	Los Cardones, Mexico [Member]	Subsequent Event [Member]
					Los Cardones, Mexico [Member]
Business Acquisition [Line Items]	'	'	'	'	'
Percentage of interest sold	'	100.00%	'	'	'
Sale price of gold project	'	'	'	$13,000	'
Proceeds from sale of gold project	'	'	'	7,000	'
Proceeds from Divestiture of Interest in Subsidiaries and Affiliates	'	'	'	7,000	'
Sale price of gold project	'	'	'	13,000	'
Proceeds to be received from sale of joint venture interest	'	'	6,000	'	'
Increase to sale price of gold project	$250	'	'	'	$250

Mineral_Properties_Schedule_Of

Mineral Properties (Schedule Of Business Acquisitions By Acquisition) (Details) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Business Acquisition [Line Items]	'	'
Mineral Properties, Net	$7,004	$7,184
Mt. Todd, Australia [Member]	'	'
Business Acquisition [Line Items]	'	'
Mineral Properties, Net	2,146	2,146
Guadalupe de los Reyes, Mexico [Member]	'	'
Business Acquisition [Line Items]	'	'
Mineral Properties, Net	2,572	2,752
Los Cardones, Mexico [Member]	'	'
Business Acquisition [Line Items]	'	'
Mineral Properties, Net	1,536	1,536
Long Valley, United States [Member]	'	'
Business Acquisition [Line Items]	'	'
Mineral Properties, Net	$750	$750

Plant_And_Equipment_Details

Plant And Equipment (Details) (USD $)	1 Months Ended	6 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Jul. 31, 2014	Jun. 30, 2014	Dec. 31, 2013
Property, Plant and Equipment [Line Items]	'	'	'
Cost	'	$5,899	$6,273
Accumulated depreciation and write downs	'	2,638	2,575
Net	'	3,261	3,698
Impairment of mill equipment	'	'	3,500
Mineral properties (Note 4)	'	7,004	7,184
Percentage of interest in joint venture to be earn	'	70.00%	'
Period of payment	'	'3 years	'
Increase to sale price of gold project	250	'	'
Mt. Todd, Australia [Member]	'	'	'
Property, Plant and Equipment [Line Items]	'	'	'
Cost	'	5,479	5,476
Accumulated depreciation and write downs	'	2,383	1,993
Net	'	3,096	3,483
Guadalupe de los Reyes, Mexico [Member]	'	'	'
Property, Plant and Equipment [Line Items]	'	'	'
Cost	'	17	17
Accumulated depreciation and write downs	'	6	5
Net	'	11	12
Corporate, United States [Member]	'	'	'
Property, Plant and Equipment [Line Items]	'	'	'
Cost	'	403	780
Accumulated depreciation and write downs	'	249	577
Net	'	154	203
Assets Held-for-sale [Member]	'	'	'
Property, Plant and Equipment [Line Items]	'	'	'
Accumulated depreciation and write downs	'	'	3,500
Asset held for sale, cost	'	6,500	10,000
Assets held for sale (mill equipment)	'	$6,500	$6,500

Debt_Narrative_Details

Debt (Narrative) (Details)	1 Months Ended
In Thousands, unless otherwise specified	Feb. 28, 2014	Feb. 28, 2014	Dec. 31, 2013	Jun. 30, 2013
	USD ($)	CAD	USD ($)	CAD
Debt [Abstract]	'	'	'	'
Short-term Bank Loans and Notes Payable	'	'	$9,764	10,000
Debt Instrument, Interest Rate, Stated Percentage	'	'	8.00%	'
Repayments of 2013 Facility	5,000	5,516	'	'
Facility amount outstanding	$1,300	1,443	'	'

Additional_PaidIn_Capital_Narr

Additional Paid-In Capital (Narrative) (Details) (USD $)	6 Months Ended
In Thousands, except Share data, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Warrants outstanding (in shares)	19,977,743	19,977,743
Weighted average compensation recognition period	'2 years 2 months 12 days	'
Stock options granted (in shares)	175,000	'
In July 2014 [Member]	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Warrants outstanding (in shares)	2,666,666	'
In December 2014 [Member]	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Warrants outstanding (in shares)	2,091,275	'
In October 2015 [Member]	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Warrants outstanding (in shares)	15,219,802	'
Restricted Stock Units (RSUs) [Member]	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Unrecognized compensation expense related to unvested options	1,187	'
Weighted average compensation recognition period	'1 year 6 months 7 days	'
Stock Options [Member]	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Unrecognized compensation expense related to unvested options	57	'
Weighted average compensation recognition period	'2 years 2 months 12 days	'

Additional_PaidIn_Capital_Sche

Additional Paid-In Capital (Schedule Of Additional Paid-In Capital) (Details) (USD $)	Jun. 30, 2014	Dec. 31, 2013	Jun. 30, 2014	Jun. 30, 2014	Dec. 31, 2013	Jun. 30, 2014
In Thousands, unless otherwise specified	Warrants [Member]	Warrants [Member]	Stock Based Compensation [Member]	Other Paid-In Capital [Member]	Other Paid-In Capital [Member]	Additional Paid-In Capital [Member]
As of December 31, 2013	$12,936	$12,936	$7,987	$11,564	$11,564	$32,487
Stock options amortization	'	'	123	'	'	123
Restricted stock units expensed	'	'	625	'	'	625
As of March 31, 2014	$12,936	$12,936	$8,735	$11,564	$11,564	$33,235

Additional_PaidIn_Capital_Summ

Additional Paid-In Capital (Summary Of Warrant Activity) (Details) (USD $)	6 Months Ended	12 Months Ended
In Thousands, except Share data, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013	Jun. 30, 2014
Additional Paid-In Capital [Abstract]	'	'	'
Warrants outstanding (in shares)	19,977,743	'	19,977,743
Warrants valuation	$12,936	$12,936	'
Weighted average exercise price per share	$4.63	$4.63	'
Weighted average remaining life (yrs.)	'1 year 1 month 6 days	'1 year 7 months 6 days	'
Intrinsic value	'	'	'

Additional_PaidIn_Capital_Summ1

Additional Paid-In Capital (Summary Of the Fair Value Of All Awards issued Under Stock Compensation Plans) (Details) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Additional Paid-In Capital [Abstract]	'	'	'	'
Stock options	$19	$110	$123	$218
Restricted stock units	315	-242	625	526
Share-based compensation	$334	($132)	$748	$744

Additional_PaidIn_Capital_Summ2

Additional Paid-In Capital (Summary Of Option Activity) (Details) (USD $)	6 Months Ended	12 Months Ended
In Thousands, except Share data, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Additional Paid-In Capital [Abstract]	'	'
Number of options, Outstanding	2,917,500	2,882,500
Granted, Number of options (in shares)	175,000	'
Number of options, Expired or Forfeited (in shares)	-140,000	'
Number of options, Exercisable (in shares)	2,196,250	'
Weighted average exercise price per share, Outstanding (in dollars per share)	$1.70	$1.79
Weighted average exercise price per option, Granted (in dollars per share)	$0.52	'
Weighted average exercise price per option, Expired	$2.15	'
Weighted average exercise price per share, Exercisable (in dollars per share)	$2.13	'
Weighted average remaining contractual term, Outstanding	'2 years 9 months 18 days	'3 years 26 days
Weighted average remaining contractual term, Exercisable	'2 years 2 months 19 days	'
Aggregate intrinsic value, Outstanding	$135	$54
Aggregate intrinsic value, Exercisable	$60	'

Additional_PaidIn_Capital_Summ3

Additional Paid-In Capital (Summary Of The Status Of Unvested Stock Options) (Details) (USD $)	6 Months Ended
	Jun. 30, 2014	Dec. 31, 2013
Additional Paid-In Capital [Abstract]	'	'
Unvested, Number of options (in shares)	721,250	738,750
Granted, Number of options (in shares)	175,000	'
Vested, Number of options (in shares)	-192,500	'
Unvested, Weighted average grant-date fair value per option (in dollars per share)	$0.24	$0.22
Weighted average remaining amortization period	'2 years 2 months 12 days	'

Additional_PaidIn_Capital_Summ4

Additional Paid-In Capital (Summary Of Restricted Stock Units Activity) (Details) (USD $)	Jun. 30, 2014	Dec. 31, 2013
Additional Paid-In Capital [Abstract]	'	'
Unvested, Number of units (in shares)	2,594,464	2,594,464
Unvested, Weighted average fair value (in dollars per share)	$2	$2

Additional_PaidIn_Capital_Summ5

Additional Paid-In Capital (Summary Of Assumptions) (Details)	6 Months Ended
	Jun. 30, 2014
Accounting Changes and Error Corrections [Abstract]	'
Expected volatility	69.17%
Risk free interest rate	1.75%
Expected life (years)	'5 years

Accumulated_Other_Comprehensiv2

Accumulated Other Comprehensive Income/(Loss) (Reconciliation Of Amounts Contained In Accumulated Other Comprehensive Income) (Details) (USD $)	6 Months Ended	18 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2014
Accumulated other comprehensive income	'	'
Beginning of period	($59)	'
Other comprehensive gain/(loss) due to change in fair market value of marketable securities during period before reclassifications	40	'
Reclassifications due to realization of gain/loss on sale of marketable securities	'	22	[1]
End of period	3	3
Accumulated other comprehensive income, net of tax	'	'
Beginning of period	-50	'
Accumulated other comprehensive income, net of tax	34	'
Accumulated other comprehensive income, net of tax due to realization of a gain	'	$19	[1]
[1]	Reclassified to gain/(loss) on sale of marketable securities on the Condensed Consolidated Statement of Income/(Loss) and Comprehensive Income/(Loss).

Commitments_And_Contingencies_

Commitments And Contingencies (Details) (AUD)	6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014
Commitments And Contingencies [Abstract]	'
Percentage of participating interest in gold project by affilitate	10.00%
Cash payment to affiliate as percentage of value of annual gold production from current mining leases	1.00%
Percentage of royalty on other metals	1.00%
Noncontrolling Interest, Ownership Percentage by Parent	90.00%
Minimum payment per year	50

Fair_Value_Accounting_Narrativ

Fair Value Accounting (Narrative) (Details) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Fair Value Inputs, Assets, Quantitative Information [Line Items]	'	'
Mill equipment	$6,500	$6,500
Level 3 percentage of fair value assets	29.00%	'
Fair Value, Inputs, Level 3 [Member]	'	'
Fair Value Inputs, Assets, Quantitative Information [Line Items]	'	'
Mill equipment	$6,500	$6,500

Fair_Value_Accounting_Assets_M

Fair Value Accounting (Assets Measured At Fair Value By Level Within The Fair Value Hierarchy) (Details) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Fair Value Inputs, Assets, Quantitative Information [Line Items]	'	'
Cash Equivalents	$4,000	$3,000
Marketable securities	205	176
Available-for-sale Securities	11,852	20,990
Amayapampa interest	4,813	4,813
Mill Equipment	6,500	6,500
Fair Value, Inputs, Level 1 [Member]	'	'
Fair Value Inputs, Assets, Quantitative Information [Line Items]	'	'
Cash Equivalents	4,000	3,000
Marketable securities	205	176
Available-for-sale Securities	11,852	20,990
Fair Value, Inputs, Level 3 [Member]	'	'
Fair Value Inputs, Assets, Quantitative Information [Line Items]	'	'
Mill Equipment	$6,500	$6,500

Recovered_Sheet1

Geographic And Segment Information (Details) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013	Jun. 30, 2014
			segment
Geographic And Segment information [Abstract]	'	'	'
Number of reportable segments	'	'	1
Reporting information revenue	$0	$0	'

Subsequent_Events_Details

Subsequent Events (Details)

1 Months Ended

6 Months Ended

6 Months Ended

6 Months Ended

In Thousands, except Share data, unless otherwise specified

Jul. 31, 2014

Jun. 30, 2014

Feb. 28, 2014

Feb. 28, 2014

Dec. 31, 2013

Jul. 31, 2014

Jul. 31, 2014

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

USD ($)

USD ($)

CAD

Minimum [Member]

Maximum [Member]

Cangold Limited [Member]

Midas Gold Corp [Member]

First Year [Member]

Second Year [Member]

Third Year [Member]

item

USD ($)

Cangold Limited [Member]

Cangold Limited [Member]

Cangold Limited [Member]

USD ($)

USD ($)

USD ($)

Payment to be made under letter of interest

'

'

'

'

'

'

'

$150

'

'

'

'

Payments to acquire interest in joint venture

'

5,000

'

'

'

'

'

'

'

1,000

1,500

2,500

Number of payments

'

5

'

'

'

'

'

'

'

'

'

'

WarrantsExpired

2,666,666

'

'

'

'

'

'

'

'

'

'

'

Percentage of additional interest in joint venture to be earned

'

'

'

'

'

'

'

30.00%

'

'

'

'

Additional payment to acquire interest in joint venture

'

'

'

'

'

'

'

3,000

'

'

'

'

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period

2,079,000

'

'

'

'

'

'

'

'

'

'

'

Percentage of interest in joint venture to be returned upon election not to make payment

'

'

'

'

'

'

'

70.00%

'

'

'

'

Common Stock Shares Outstanding

'

82,275,217

'

'

82,275,217

'

'

'

31,802,615

'

'

'

Percentage of outstanding common shares

'

90.00%

'

'

'

'

'

'

'

'

'

'

Facility amount outstanding

'

'

$1,300

1,443

'

'

'

'

'

'

'

'

ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights

'

'

'

'

'

3.18

3.6

'

'

'

'

'