XML 24 R28.htm IDEA: XBRL DOCUMENT v3.2.0.727
SEGMENTED INFORMATION (Tables)
 6 Months Ended
Jun. 30, 2015
SEGMENTED INFORMATION  
Schedule of the financial information relating to the Company's segments

 

 

 

 

 

 

 

 

Corporate

 

 

 

 

 

Argentina

 

Mexico

 

U.S.

 

& Other

 

Total

 

 

 

(in thousands)

 

For the three months ended June 30, 2015

 

 

 

 

 

 

 

 

 

 

 

Gold and silver sales

 

$

—

 

$
16,160

 

$

—

 

$

—

 

$
16,160

 

Production costs applicable to sales

 

—

 
(7,288

)

—

 

—

 
(7,288

)

Mine construction costs

 

—

 

—

 

—

 

—

 

—

 

Mine development costs

 

—

 
(163

)

—

 

—

 
(163

)

Exploration costs

 
(659

)
(1,275

)
(1,065

)
(81

)
(3,080

)

Impairment of mineral property interests and property and equipment

 

—

 

—

 
(28,542

)

—

 
(28,542

)

Loss on investment in Minera Santa Cruz S.A. (net of amortization)

 
(2,652

)

—

 

—

 

—

 
(2,652

)

Operating (loss) income

 
(3,634

)
5,863

 
(29,846

)
(2,056

)
(29,673

)

 

 

 

 

 

 

 

 

 

 

 

 

For the six months ended June 30, 2015

 

 

 

 

 

 

 

 

 

 

 

Gold and silver sales

 

$

—

 

$
39,042

 

$

—

 

$

—

 

$
39,042

 

Production costs applicable to sales

 

—

 
(17,742

)

—

 

—

 
(17,742

)

Mine construction costs

 

—

 

—

 

—

 

—

 

—

 

Mine development costs

 

—

 
(337

)

—

 

—

 
(337

)

Exploration costs

 
(922

)
(2,874

)
(1,454

)
(172

)
(5,422

)

Impairment of mineral property interests and property and equipment

 

—

 

—

 
(28,542

)

—

 
(28,542

)

Income on investment in Minera Santa Cruz S.A. (net of amortization)

 
(2,323

)

—

 

—

 

—

 
(2,323

)

Operating (loss) income

 
(3,853

)
14,210

 
(30,527

)
(4,335

)
(24,505

)

 

 

 

 

 

 

 

 

 

 

 

 

As at June 30, 2015

 

 

 

 

 

 

 

 

 

 

 

Investment in Minera Santa Cruz S.A.

 
174,147

 

—

 

—

 

—

 
174,147

 

Mineral property interests

 
202,889

 
10,051

 
45,685

 

—

 
258,625

 

Total assets

 
379,987

 
67,946

 
46,435

 
12,247

 
506,615

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate

 

 

 

 

 

Argentina

 

Mexico

 

U.S.

 

& Other

 

Total

 

 

 

(in thousands)

 

For the three months ended June 30, 2014

 

 

 

 

 

 

 

 

 

 

 

Gold and silver sales

 

$

—

 

$
11,637

 

$

—

 

$

—

 

$
11,637

 

Production costs applicable to sales

 

—

 
(10,900

)

—

 

—

 
(10,900

)

Mine construction costs

 

—

 
(217

)

—

 

—

 
(217

)

Mine development costs

 

—

 
(155

)

—

 

—

 
(155

)

Exploration costs

 
(249

)
(1,488

)
(831

)
(69

)
(2,637

)

Impairment of mineral property interests and property and equipment

 
(120,398

)

—

 

—

 

—

 
(120,398

)

Loss on investment in Minera Santa Cruz S.A. (net of amortization)

 
(2,438

)

—

 

—

 

—

 
(2,438

)

Operating loss

 
(123,817

)
(2,150

)
(1,025

)
(2,382

)
(129,374

)

 

 

 

 

 

 

 

 

 

 

 

 

For the six months ended June 30, 2014

 

 

 

 

 

 

 

 

 

 

 

Gold and silver sales

 

$

—

 

$
22,767

 

$

—

 

$

—

 

$
22,767

 

Production costs applicable to sales

 

—

 
(19,427

)

—

 

—

 
(19,427

)

Mine construction costs

 

—

 
(1,156

)

—

 

—

 
(1,156

)

Mine development costs

 

—

 
(1,723

)

—

 

—

 
(1,723

)

Exploration costs

 
(750

)
(2,876

)
(1,517

)
(174

)
(5,317

)

Impairment of mineral property interests and property and equipment

 
(120,398

)

—

 

—

 

—

 
(120,398

)

Income on investment in Minera Santa Cruz S.A. (net of amortization)

 
4,591

 

—

 

—

 

—

 
4,591

 

Operating loss

 
(117,559

)
(5,198

)
(2,454

)
(4,725

)
(129,936

)

 

 

 

 

 

 

 

 

 

 

 

 

As at June 30, 2014

 

 

 

 

 

 

 

 

 

 

 

Investment in Minera Santa Cruz S.A.

 
210,425

 

—

 

—

 

—

 
210,425

 

Mineral property interests

 
337,805

 
11,341

 
172,738

 

—

 
521,884

 

Total assets

 
551,324

 
59,649

 
176,415

 
8,882

 
796,270