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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 17,622 $ 24,321
IVA taxes receivable 10,873 11,591
Inventories (note 2) 9,202 8,800
Other current assets 2,005 2,059
Total current assets 39,702 46,771
Mineral property interests (note 3) 521,526 642,968
Restricted time deposits for reclamation bonding (note 3) 2 5,183
Investment in Minera Santa Cruz S.A. (note 4) 203,614 212,947
Property and equipment, net (note 5) 18,085 15,143
Other assets (note 13) 531 54
TOTAL ASSETS 783,460 923,066
Current liabilities:    
Accounts payable and accrued liabilities 18,310 9,797
Current portion of asset retirement obligation (note 3) 1,458 1,392
Total current liabilities 19,768 11,189
Asset retirement obligation, less current portion (note 3) 5,976 5,855
Deferred income tax liability (note 8) 106,150 158,855
Deferred rent expense 328  
Other liabilities 400 400
Total liabilities 132,622 176,299
Commitments and Contingencies (Note 13)      
Shareholders' equity:    
Common stock, no par value, 500,000 shares authorized; Common: 268,643 as of September 30, 2014 and 264,913 shares as of December 31, 2013 issued and outstanding Exchangeable: 29,607 shares as of September 30, 2014 and 32,246 shares as of December 31, 2013 issued and outstanding 1,357,934 1,354,696
Accumulated deficit (706,802) (607,634)
Accumulated other comprehensive loss (294) (295)
Total shareholders' equity 650,838 746,767
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY $ 783,460 $ 923,066