Quarterly report pursuant to Section 13 or 15(d)

Restricted Cash (Tables)

v3.4.0.3
Restricted Cash (Tables)
3 Months Ended
Mar. 31, 2016
Restricted Cash [Abstract]  
Schedule of Restricted Cash and Cash Equivalents

 

 

 

 

 

As at

 

March 31, 2016

 

December 31, 2015

 

$

 

$

 

 

 

 

Money market account (a)

7,457

 

7,457

Certificates of deposit

100

 

100

 

 

 

 

 

7,557

 

7,557

 

(a) The bonding requirements for reclamation obligations on various properties have been agreed to by the Wyoming Department of Environmental Quality (“WDEQ”), the Bureau of Land Management (“BLM”) and the Nuclear Regulatory Commission (“NRC”) as applicable.  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 $27.8 million of coverage towards specific reclamation obligations are collateralized by $7.5 million of the restricted cash at March 31, 2016.