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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
REVENUE:        
Gold and silver sales $ 16,160 $ 11,637 $ 39,042 $ 22,767
Total Revenue 16,160 11,637 39,042 22,767
COSTS AND EXPENSES:        
Production costs applicable to sales 7,288 10,900 17,742 19,427
Mine construction costs   217   1,156
Mine development costs 163 155 337 1,723
Exploration costs 3,080 2,637 5,422 5,317
Property holding costs 496 734 1,988 2,188
General and administrative 3,277 3,213 6,485 6,440
Depreciation 208 229 480 454
Accretion of asset retirement obligation (note 4) 131 108 232 209
Loss (income) on investment in Minera Santa Cruz S.A. net of amortization (note 5) 2,652 2,438 2,323 (4,591)
Impairment of mineral property interests and property and equipment (note 4) 28,542 120,398 28,542 120,398
Gain on sale of assets (4) (18) (4) (18)
Total costs and expenses 45,833 141,011 63,547 152,703
Operating loss (29,673) (129,374) (24,505) (129,936)
OTHER INCOME (EXPENSE):        
Net interest and other income 3,228 34 3,130 109
Foreign currency gain (loss) 8 284 (204) (299)
Total other income (expense) 3,236 318 2,926 (190)
Loss before income taxes (26,437) (129,056) (21,579) (130,126)
Income tax recovery (note 9) 12,321 25,034 13,484 43,991
Net loss (14,116) (104,022) (8,095) (86,135)
OTHER COMPREHENSIVE (LOSS) INCOME:        
Unrealized (loss) gain on available-for-sale securities, net of taxes (482) 2 (647) 3
Comprehensive loss $ (14,598) $ (104,020) $ (8,742) $ (86,132)
Net loss per share (note 10):        
Basic (in dollars per share) $ (0.05) $ (0.35) $ (0.03) $ (0.29)
Weighted average common shares outstanding (thousands) (note 10):        
Basic (in shares) 300,530 297,164 300,364 297,162