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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Cash flows (used in) from operating activities:    
Cash paid to suppliers and employees $ (42,781) $ (22,372)
Interest received 125 31
Cash used in operating activities (42,656) (22,341)
Cash flows (used in) provided by investing activities:    
Cash and short-term investments received from acquisition of Minera Andes Inc. 36,337  
Short-term investments (net) 3,933  
Acquisition of mineral property interests (563) (792)
Additions to property and equipment (1,658) (7,196)
Proceeds from disposal of property and equipment 53 23
Investment in gold and silver bullion   (31,299)
Proceeds from sale of gold and silver bullion 11,330 2,173
Increase in restricted investments securing reclamation   (413)
Cash provided by (used in) investing activities 49,432 (37,504)
Cash flows from financing activities:    
Sale of common stock for cash, net of issuance costs   105,415
Exercise of stock options 3,304 773
Cash provided by financing activities 3,304 106,188
Effect of exchange rate change on cash and cash equivalents (98) 190
Increase in cash and cash equivalents 9,982 46,533
Cash and cash equivalents, beginning of period 13,416 6,818
Cash and cash equivalents, end of period 23,398 53,351
Reconciliation of net loss to cash used in operating activities:    
Net loss (40,453) (21,888)
Adjustments to reconcile net loss from operating activities:    
Income on investment in Minera Santa Cruz S.A. (net of amortization) (990)  
Deferred income taxes (8,550)  
Gain on sale of gold and silver bullion (1,842) (524)
Unrealized loss on silver bullion 359  
Other-than-temporary impairment on marketable equity securities 1,993  
Gain on sale of assets (130) (10)
Asset impairments 179  
Stock-based compensation 2,135 1,222
Accretion of asset retirement obligation 232 266
Depreciation 484 259
Foreign exchange loss (gain) 98 (190)
Change in non-cash working capital items:    
Increase in other assets related to operations (2,810) (2,311)
Dividend receivable obtained from acquisition of Minera Andes Inc. 9,363  
(Increase) decrease in liabilities related to operations (2,724) 835
Cash used in operating activities $ (42,656) $ (22,341)