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MINERAL PROPERTY INTERESTS AND ASSET RETIREMENT OBLIGATIONS (Tables)

12 Months Ended

Dec. 31, 2013

MINERAL PROPERTY INTERESTS AND ASSET RETIREMENT OBLIGATIONS

Schedule of impairment charges on mineral property

Name of Property/Complex		Segment		2013			2012			2011
				(in thousands)
Telken Tenements		Argentina		$	13,792		$	—		$	—
Este Tenements		Argentina			2,784			—			—
Piramides Tenements		Argentina			5,079			—			—
Tobias Tenements		Argentina			6,074			—			—
North Battle Mountain Complex		Nevada			—			14,044			—
West Battle Mountain Complex		Nevada			6,287			—			—
Limo Complex		Nevada			19,450			—
Other United States Properties		Nevada			9,497			2,902			—
El Gallo 2 Properties		Mexico			—			1,343			—
Property, plant and equipment		Argentina			—			179			—
​	​	​	​	​	​	​	​	​	​	​	​	​
Total impairment				$	62,963		$	18,468		$	—
​	​	​	​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​	​	​	​	​

Summary of mineral property interests

Name of Property/Complex		State/Province		Country		2013			2012
						(in thousands)
Los Azules Copper Project		San Juan		Argentina		$	431,190		$	431,190
Other San Juan Exploration Properties		San Juan		Argentina			7,818			7,818
Telken Tenements(1)		Santa Cruz		Argentina			—			40,234
Este Tenements(1)		Santa Cruz		Argentina			—			8,121
Piramides Tenements(1)		Santa Cruz		Argentina			—			14,815
Tobias Tenements(1)		Santa Cruz		Argentina			—			17,719
Cerro Mojon Tenements		Santa Cruz		Argentina			1,971			1,971
La Merced Tenements		Santa Cruz		Argentina			1,891			1,891
Cabeza de Vaca Tenements		Santa Cruz		Argentina			877			877
El Trumai Tenements		Santa Cruz		Argentina			1,534			1,534
Martes 13 Tenements		Santa Cruz		Argentina			3,568			3,568
Celestina Tenements		Santa Cruz		Argentina			1,753			1,753
Other Santa Cruz Exploration Properties		Santa Cruz		Argentina			7,601			7,601
Tonkin Complex		Nevada		United States			51,946			51,989
Gold Bar Complex		Nevada		United States			77,012			77,012
Limo Complex		Nevada		United States			23,438			50,098
North Battle Mountain Complex		Nevada		United States			4,148			4,148
East Battle Mountain Complex		Nevada		United States			4,060			4,060
West Battle Mountain Complex		Nevada		United States			2,567			8,854
Other United States Properties		Nevada		United States			9,610			19,107
El Gallo 1 Mine		Sinaloa		Mexico			8,502			8,126
El Gallo 2 Properties		Sinaloa		Mexico			3,482			4,581
​	​	​	​	​	​	​	​	​	​	​	​
Total Mineral Property Interests						$	642,968		$	767,067
​	​	​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​	​	​	​

(1)

As at December 31, 2013, these tenements were transferred to MSC as part of the vend-in agreement described above and in Note 7, Investment in Minera Santa Cruz S.A. ("MSC")—San José Mine, and were therefore not included in the Company's mineral property interests as at December 31, 2013.

Schedule of changes in asset retirement obligations

		2013			2012
		(in thousands)
Asset retirement obligation liability—opening balance		$	6,359		$	6,253
Settlements			(60	)		(47	)
Accretion of liability			461			447
Adjustment reflecting updated estimates			487			(294	)
​	​	​	​	​	​	​	​
Asset retirement obligation liability—ending balance		$	7,247		$	6,359
​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​

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-Publisher FASB

-Name Accounting Standards Codification

-Topic 410

-SubTopic 30

-Section 50

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