| Mineral Property |
The Company’s mineral properties consist of the following:
| | | USA | | Canada | | Total | | | | | | | | | | | | | | | | | | Lost Creek | | Pathfinder | | Other US | | Canadian | | | | | | | Property | | Mines | | Properties | | Properties | | | | | | | $ | | $ | | $ | | $ | | $ | | | | | | | | | | | | | | | | Balance, December 31, 2011 (a) | | 13,917 | | - | | 17,050 | | 513 | | 31,480 | | | | | | | - | | | | | | | | | Capitalized reclamation costs (a) | | 292 | | - | | 28 | | - | | 320 | | | Property acquired in asset exchange (a) | | 971 | | - | | - | | - | | 971 | | | Reporting exchange rate adjustment (a) | | 325 | | - | | 393 | | 12 | | 730 | | | | | | | | | | | | | | | | Balance, December 31, 2012(a) | | 15,505 | | - | | 17,471 | | 525 | | 33,501 | | | | | | | | | | | | | | | | Capitalized reclamation costs | | 10,276 | | - | | - | | - | | 10,276 | | | Royalty acquired for common stock | | 783 | | - | | - | | - | | 783 | | | Property write-offs | | - | | - | | (1,430) | | - | | (1,430) | | | Functional Currency exchange rate adjustment (b) | | (2,443) | | - | | (2,831) | | | | (5,274) | | | Reporting exchange rate adjustment (b) | | - | | - | | - | | (36) | | (36) | | | Amortization | | (435) | | - | | - | | - | | (435) | | | Purchase of Pathfinder Mines | | - | | 15,317 | | - | | - | | 15,317 | | | | | | | | | | | | | - | | | | | | | | | | | | | | | | Balance, December 31, 2013 | | 23,686 | | 15,317 | | 13,210 | | 489 | | 52,702 | |
| (a) | As a result of the change in reporting balances, the above was restated to reflect the change from Canadian reporting currency to U.S. dollar reporting currency. | | (b) |
As a result of the change in functional currency, a CTA as of the date of conversion reduced the reported cost of the U.S. mineral properties by $5.3 million. The above adjustments reflect both the functional currency adjustment in U.S. properties and adjustments due to changes in the year end spot rate in Canadian properties (see note 4).
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