MINERAL PROPERTIES IN THE UNITED STATES
|12 Months Ended|
Dec. 31, 2020
|Mineral Industries Disclosures [Abstract]|
|MINERAL PROPERTIES IN THE UNITED STATES||MINERAL PROPERTIES IN THE UNITED STATESThe principal assets of PEVM are an undivided interest in 48 patented and 5 unpatented mining claims totaling approximately 1,500 acres in southeast Nevada. The properties held by PEVM have not been commercially operated for approximately 35 years. In November 2019, PEVM entered into a sales contract which, upon completion of due diligence, may lead to liquidation of substantially all of its remaining assets. Upon closing of the sale, PEVM will be dissolved. Any proceeds from the sale will be used to repay outstanding indebtedness of PEVM owed to the Company. In accordance with the sales contract, in September 2020, approximately $0.2 million of the deposit became non-refundable. The closing of the sale and receipt of remaining proceeds is expected to be completed in late 2021. The sale of PEVM is not anticipated to have a material impact on the Company's Consolidated Financial Statements.|
The entire disclosure for mineral industries.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef