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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 15,149 $ 24,321
IVA taxes receivable 14,483 11,591
Inventories (note 2) 10,170 8,800
Other current assets 2,279 2,059
Total current assets 42,081 46,771
Mineral property interests (note 3) 521,884 642,968
Restrictive time deposits for reclamation bonding (note 3) 4,817 5,183
Investment in Minera Santa Cruz S.A. (note 4) 210,425 212,947
Property and equipment, net (note 5) 16,972 15,143
Other assets 91 54
TOTAL ASSETS 796,270 923,066
Current liabilities:    
Accounts payable and accrued liabilities 12,238 9,797
Current portion of asset retirement obligation (note 3) 1,455 1,392
Total current liabilities 13,693 11,189
Asset retirement obligation, less current portion (note 3) 5,940 5,855
Deferred income tax liability (note 8) 114,864 158,855
Other liabilities 400 400
Total liabilities 134,897 176,299
Shareholders' equity:    
Common stock, no par value, 500,000 shares authorized; Common: 266,597 as of June 30, 2014 and 264,913 shares as of December 31, 2013 issued and outstanding Exchangeable: 30,623 shares as of June 30, 2014 and 32,246 shares as of December 31, 2013 issued and outstanding 1,355,434 1,354,696
Accumulated deficit (693,769) (607,634)
Accumulated other comprehensive loss (292) (295)
Total shareholders' equity 661,373 746,767
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY $ 796,270 $ 923,066