Quarterly report pursuant to Section 13 or 15(d)

Restricted Cash (Tables)

v2.4.0.8
Restricted Cash (Tables)
 6 Months Ended
Jun. 30, 2014
Restricted Cash and Investments, Current [Abstract]  
Schedule of Restricted Cash and Cash Equivalents
The Company’s restricted cash consists of the following:
 
 
 
As of
 
As of
 
 
 
June 30, 2014
 
December 31, 2013
 
 
 
$
 
$
 
 
 
 
 
 
 
Money market account (a)
 
4,955
 
4,955
 
Certificate of deposit (b)
 
100
 
100
 
 
 
 
 
 
 
 
 
5,055
 
5,055
 
 
 
(a)
The bonding requirements for reclamation obligations on various properties have been agreed to by the Wyoming Department of Environmental Quality, the BLM and the NRC.  The restricted money market accounts are pledged as collateral against performance surety bonds which are used to secure the potential costs of reclamation related to those properties. Surety bonds providing $26.7 million of coverage towards specific reclamation obligations are collateralized by $5.0 million of the restricted cash at June 30, 2014.
 
 
(b)
A certificate of deposit ($0.1 million) provides security for the Company’s credit cards.