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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash flows (used in) from operating activities:    
Cash paid to suppliers and employees $ (65,760) $ (40,243)
Dividend received from Minera Santa Cruz S.A. 2,154  
Interest received 125 50
Cash used in operating activities (63,481) (40,193)
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 (712) (9,828)
Additions to property and equipment (1,769) (7,777)
Proceeds from disposal of property and equipment 3,143 36
Investment in gold and silver bullion   (31,300)
Proceeds from sale of gold and silver bullion 23,836 8,784
Investment in marketable equity securities   (284)
Proceeds from sale of marketable equity securities 409 1,854
Increase in restricted investments securing reclamation   (413)
Cash provided by (used in) investing activities 65,177 (38,928)
Cash flows from financing activities:    
Sale of common stock for cash, net of issuance costs   105,415
Exercise of stock options 3,564 773
Cash provided by financing activities 3,564 106,188
Effect of exchange rate change on cash and cash equivalents (156) (1,078)
Increase in cash and cash equivalents 5,104 25,989
Cash and cash equivalents, beginning of period 13,416 6,818
Cash and cash equivalents, end of period 18,520 32,807
Reconciliation of net loss to cash used in operating activities:    
Net loss (40,578) (45,568)
Adjustments to reconcile net loss from operating activities:    
Income on investment in Minera Santa Cruz S.A. (net of amortization) (14,759)  
Deferred income taxes (14,919)  
Gain on sale of gold and silver bullion (3,075) (1,667)
Unrealized loss on silver bullion 359 2,139
Other-than-temporary impairment on marketable equity securities 1,993  
Loss (gain) on sale of marketable equity securities 70 (19)
Gain on sale of property and equipment (1,265) (21)
Asset impairments 3,081  
Stock-based compensation 2,845 1,905
Accretion of asset retirement obligation 342 400
Depreciation 750 438
Foreign exchange loss 156 1,078
Change in non-cash working capital items:    
Increase in other assets related to operations (6,680) (1,720)
Dividend receivable obtained from acquisition of Minera Andes Inc. 9,363  
Dividend receivable from Minera Santa Cruz S.A. 2,611  
(Decrease) increase in liabilities related to operations (3,775) 2,842
Cash used in operating activities $ (63,481) $ (40,193)