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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
REVENUE:      
Gold and silver sales $ 5,966    
Income on investment in Minera Santa Cruz S.A., net of amortization - note 8 20,835    
Total Revenue 26,801    
COSTS AND EXPENSES:      
Production costs applicable to sales 3,861    
Mine operating costs 8,507    
Mine construction costs 14,260 1,745  
Exploration costs 47,179 42,983 19,210
Property holding costs 7,207 3,464 4,358
General and administrative 16,841 7,035 5,397
Acquisition costs 1,513 3,893  
Accretion of asset retirement obligation 447 524 515
Depreciation 1,033 577 454
Gain on sale of assets (1,110) (36) (29)
Asset impairments - note 7 18,468   5,878
Total costs and expenses 118,206 60,185 35,783
Operating loss (91,405) (60,185) (35,783)
OTHER INCOME (EXPENSE):      
Interest income 228 94 112
Interest expense   108 (15)
Litigation settlement - note 11 (3,830)    
Gain on sale of gold and silver bullion - note 5 3,075 2,075  
Unrealized loss on silver bullion - note 5 (359) (3,394)  
(Loss) gain on sale of marketable equity securities - note 4 (70) 19  
Other-than-temporary impairment on marketable equity securities - note 4 (1,993)    
Foreign currency (loss) gain 456 (769) 597
Total other (expense) income (2,493) (1,867) 694
Loss before income taxes (93,898) (62,052) (35,089)
Recovery of income taxes - note 10 27,244 180 1,998
Net loss (66,654) (61,872) (33,091)
OTHER COMPREHENSIVE LOSS:      
Reclassification of unrealized gain on marketable equity securities disposed of during the year 1,000    
Unrealized (loss) gain on available-for-sale securities, net of taxes (5) (1,546) 542
Comprehensive loss $ (65,659) $ (63,418) $ (32,549)
Basic and diluted per share data:      
Net loss - basic and diluted (2011 and 2010 - as adjusted) - note 13 (in dollars per share) $ (0.26) $ (0.42) $ (0.25)
Weighted average common shares outstanding:      
Weighted average shares outstanding - basic and diluted (2011 and 2010 - as adjusted) - note 13 (in shares) 261,223 147,692 132,633