XML 13 R5.htm IDEA: XBRL DOCUMENT v3.4.0.3
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
OPERATING ACTIVITIES    
Net loss for the period $ (8,865) $ (1,203)
Items not involving cash:    
Depletion, depreciation and amortization 318 572
Stock-based compensation 666 125
Change in value of convertible debentures 561 (709)
Accretion of asset retirement obligation 175 103
Unrealized foreign gains (losses) (207) 456
Miscellaneous non-cash income (expenses) (697) 92
Change in value of investments (38) (38)
Changes in assets and liabilities    
(Increase) decrease in inventories 8,736 245
(Increase) decrease in trade and other receivables (6,501) (942)
(Increase) decrease in prepaid expenses and other assets 370 (250)
Increase (decrease) in accounts payable and accrued liabilities (3,205) (1,573)
Changes in deferred revenue 232 91
Cash paid for reclamation and remediation activities (248) 0
Net cash provided by (used in) operating activities (8,703) (3,031)
INVESTING ACTIVITIES    
Purchase of mineral properties and property, plant and equipment (93) (719)
Sale of mineral properties held for sale 845 0
Net cash provided by (used in) financing activities 752 (719)
FINANCING ACTIVITIES    
Issuance of common shares for cash 11,503 0
Option and warrant exercises 3 0
Repayment of loans and borrowings (808) (17)
Net cash provided by (used in) financing activities 10,698 (17)
INCREASE IN CASH AND CASH EQUIVALENTS DURING THE PERIOD 2,747 (3,767)
Effect of exchange rate fluctuations on cash held in foreign currencies 791 (101)
Cash and cash equivalents - beginning of period 12,965 10,411
CASH AND CASH EQUIVALENTS - END OF PERIOD 16,503 6,543
Non-cash investing and financing transactions:    
Issuance of secured notes for acquisition of mineral properties $ 0 $ 446