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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Cash flows from operating activities:    
Cash paid to suppliers and employees $ (51,300) $ (74,359)
Cash received from gold and silver sales 31,620 34,711
Dividends received from Minera Santa Cruz S.A. 9,483 1,242
Proceeds from sale of gold and silver bullion   1,467
Lease incentive 328  
Interest received 456 139
Cash used in operating activities (9,413) (36,800)
Cash flows from investing activities:    
Acquisition of mineral property interests   (150)
Additions to property and equipment (2,691) (3,710)
Decrease in restricted time deposits for reclamation bonding 5,181  
Deposit for surety bonds for reclamation bonding (481)  
Proceeds from disposal of property and equipment 39 1,449
Cash provided by (used in) investing activities 2,048 (2,411)
Cash flows from financing activities:    
Exercise of stock options 1,382 171
Cash provided by financing activities 1,382 171
Effect of exchange rate change on cash and cash equivalents (716) (819)
Decrease in cash and cash equivalents (6,699) (39,859)
Cash and cash equivalents, beginning of period 24,321 70,921
Cash and cash equivalents, end of period 17,622 31,062
Reconciliation of net loss to cash used in operating activities:    
Net loss (99,168) (136,399)
Adjustments to reconcile net loss from operating activities:    
(Income) loss on investment in Minera Santa Cruz S.A., net of amortization (150) (252)
Impairment of investment in MSC   95,878
Impairment of mineral property interests and property and equipment 120,398 34,016
(Gain) loss on sale of assets (26) 6,741
Lease incentive 328  
Income tax recovery (52,705) (31,025)
Gain on litigation settlement   (560)
Unrealized loss on gold and silver bullion   223
Proceeds from sale of gold and silver bullion   1,467
Stock-based compensation 852 965
Shares issued to supplier for settlement of accounts payable 1,004  
Depreciation 693 731
Accretion of asset retirement obligation 309 347
Amortization of mineral property interests and asset retirement obligations 923 1,244
Foreign exchange loss 716 819
Change in non-cash working capital items:    
Decrease in IVA taxes receivable, net of collection of $50419 (2013 - $nil) 717 979
(Increase) in other assets related to operations (342) (1,078)
Increase (decrease) in liabilities related to operations 7,555 (12,138)
Dividend receivable from Minera Santa Cruz S.A 9,483 1,242
Cash used in operating activities $ (9,413) $ (36,800)