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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
OPERATING ACTIVITIES    
Net loss for the period $ (27,551) $ (10,658)
Items not involving cash:    
Depletion, depreciation and amortization 3,651 3,654
Stock-based compensation (Note 9) 1,688 810
Change in value of convertible debentures (Note 6) 666 890
Accretion of asset retirement obligation 526 350
Revision of asset retirement obligation (Note 5) 71 0
Unrealized foreign exchange losses (148) 919
Impairment of inventories (Note 3) 2,998 0
Impairment of assets held for sale 0 2,000
Abandonment of mineral properties 1,036 0
Other non- cash (income) expenses (1,819) 2,975
Changes in assets and liabilities    
(Increase) decrease in inventories 4,417 3,572
(Increase) decrease in trade and other receivables 2,221 106
(Increase) decrease in prepaid expenses and other assets 476 (205)
Increase (decrease) in accounts payable and accrued liabilities (1,063) 284
Changes in deferred revenue 242 318
Cash paid for reclamation and remediation activities (Note 5) (1,376) (239)
Net cash (used in) provided by operating activities (13,965) 4,776
INVESTING ACTIVITIES    
Purchase of mineral properties and property, plant and equipment (64) (4,616)
Acquisition of Uranerz Energy Corporation, net of cash acquired 0 2,457
Acquisition of Alta Mesa, net of cash acquired (1,290) 0
Acquisition of Roca Honda, net of cash acquired 101 0
Change in cash deposited with regulatory agencies for asset retirement obligations (Note 5) (4,115) 5,267
Sale of mineral properties held for sale 845 0
Net cash (used in) provided by investing activities (4,523) 3,108
FINANCING ACTIVITIES    
Issuance of common shares for cash 25,291 3
Option and warrant exercises 18 184
Repayment of loans and borrowings (2,391) (784)
Cash received from non-controlling interest 37 187
Net cash (used in) provided by financing activities 22,955 (410)
INCREASE IN CASH AND CASH EQUIVALENTS DURING THE PERIOD 4,467 7,474
Effect of exchange rate fluctuations on cash held in foreign currencies 98 (144)
Cash and cash equivalents - beginning of period 12,965 10,411
CASH AND CASH EQUIVALENTS - END OF PERIOD 17,530 17,741
Non-cash investing and financing transactions:    
Issuance of secured notes for acquisition of mineral properties 0 446
Issuance of common shares, options and warrants for acquisition of Uranerz Energy Corporation 0 110,268
Issuance of common shares for acquisition of Alta Mesa (Note 7d) 11,378 0
Issuance of common shares for acquisition of 40% Roca Honda (Note 7c) 2,679 0
Issuance of common shares for consulting services $ 479 $ 0