v2.4.0.8

CONSOLIDATED STATEMENTS OF OPERATIONS (USD $) In Thousands, except Share data, unless otherwise specified	12 Months Ended			229 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2013
EXPENSES (INCOME)
Exploration costs [note 3]	$ 2,415	$ 4,823	$ 10,894	$ 96,291
General and administrative	4,820	6,771	7,154	50,036
Stock based compensation [notes 7-8]	4	111	729	18,701
Change in fair value of warrants [note 8]			(129)	(675)
Interest and bank charges	132	18	37	541
Depreciation	717	878	936	5,184
Property, plant and equipment impairment [note 4]	309			309
Mineral property impairment				3,244
Total expenses	8,397	12,601	19,621	173,631
Other income	(213)	(817)	(864)	(1,894)
Loss on asset disposal	27	265	67	359
Interest income		(8)	(57)	(4,861)
Net loss before income taxes	(8,211)	(12,041)	(18,767)	(167,235)
Income tax expense (benefit) [note 12]				(65)
Consolidated net loss	(8,211)	(12,041)	(18,767)	(167,170)
Less: Net loss attributed to the noncontrolling interest	(980)	(1,253)	(3,949)	(32,382)
Net loss attributed to Geovic stockholders	$ (7,231)	$ (10,788)	$ (14,818)	$ (134,788)
Net loss per share	$ (0.07)	$ (0.10)	$ (0.14)
Weighted average shares outstanding	106,674,890	106,604,131	104,963,741

Weighted average number of shares outstanding basic and diluted.

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Amount of write-down of assets recognized in the income statement. Includes, but is not limited to, losses from tangible assets, intangible assets and goodwill.

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Total costs of sales and operating expenses for the period.

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Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.

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GEOVIC MINING CORP. 10-K