OPERATING SEGMENT REPORTING (Tables)

12 Months Ended

Dec. 31, 2013

	For the year ended December 31, 2013

	Argentina			Mexico			U.S.			Corporate & Other			Total
							(in thousands)
For the year ended December 31, 2013
Gold and silver sales	$	—		$	45,982		$	—		$	—		$	45,982
Production costs applicable to sales		—			34,594			—			—			34,594
Mine construction costs		—			1,383			—			—			1,383
Mine development costs		—			847			—			—			847
Exploration costs		14,776			6,658			2,952			443			24,829
Income on investment in Minera Santa Cruz S.A. (net of amortization)		(846	)		—			—			—			(846	)
Impairment of investment in MSC		95,878			—			—			—			95,878
Impairment of mineral property interests and property and equipment		27,729			—			35,234			—			62,963
Loss (gain) on sale of assets		316			—			6,430			(3	)		6,743
Operating loss		(139,784	)		(2,998	)		(47,422	)		(10,193	)		(200,397	)
As at December 31, 2013
Investment in Minera Santa Cruz S.A.		212,947			—			—			—			212,947
Mineral property interests		458,203			11,984			172,781			—			642,968
Total assets		674,269			54,131			177,248			17,418			923,066

	For the year ended December 31, 2012

	Argentina			Mexico			U.S.			Corporate & Other			Total
							(in thousands)
Gold and silver sales	$	—		$	5,966		$	—		$	—		$	5,966
Production costs applicable to sales		—			3,861			—			—			3,861
Mine operating costs		—			8,507			—			—			8,507
Mine construction costs		—			14,260			—			—			14,260
Exploration costs		25,091			15,918			5,060			1,110			47,179
Income on investment in Minera Santa Cruz S.A. (net of amortization) (adjusted—note 15)		(20,835	)		—			—			—			(20,835	)
Impairment of mineral property interests and property and equipment		179			1,343			16,946			—			18,468
Operating loss (adjusted—note 15)		(8,156	)		(43,417	)		(25,144	)		(14,688	)		(91,405	)
As at December 31, 2012
Investment in Minera Santa Cruz S.A.		273,948			—			—			—			273,948
Mineral property interests		539,092			12,707			215,268			—			767,067
Total assets		825,047			47,359			220,148			58,383			1,150,937

	For the year ended December 31, 2011

	Argentina		Mexico			U.S.			Corporate & Other			Total
						(in thousands)
Mine construction costs		—		1,745			—			—			1,745
Exploration costs		—		29,160			12,825			998			42,983
Operating loss		—		(35,867	)		(15,412	)		(8,906	)		(60,185	)
As at December 31, 2011
Mineral property interests		—		12,750			232,704			—			245,454
Total assets		—		33,899			238,402			38,054			310,355

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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