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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
REVENUE:        
Gold and silver sales $ 22,503 $ 8,853 $ 61,545 $ 31,620
Total Revenue 22,503 8,853 61,545 31,620
COSTS AND EXPENSES:        
Production costs applicable to sales 11,170 10,997 28,912 30,424
Mine construction costs   567   1,723
Mine development costs 112 31 449 1,754
Exploration costs 1,830 2,306 7,252 7,623
Property holding costs 2,073 2,380 4,061 4,568
General and administrative 2,276 2,549 8,761 8,989
Depreciation 211 239 691 693
Accretion of asset retirement obligation (note 4) 110 100 342 309
Loss (income) on investment in Minera Santa Cruz S.A. net of amortization (note 5) 1,641 4,441 3,964 (150)
Impairment of mineral property interests and property and equipment (note 4) 1,198   29,740 120,398
Gain on sale of assets (9) (8) (13) (26)
Total costs and expenses 20,612 23,602 84,159 176,305
Operating income (loss) 1,891 (14,749) (22,614) (144,685)
OTHER INCOME (EXPENSE):        
Interest (expense) income and other (expense) income (715) 347 2,415 456
Registration taxes   (6,712)   (6,712)
Foreign currency gain (loss) (162) (633) (366) (932)
Total other income (expense) (877) (6,998) 2,049 (7,188)
Loss before income taxes 1,014 (21,747) (20,565) (151,873)
Income tax recovery (note 9) 1,619 8,714 15,103 52,705
Net income (loss) 2,633 (13,033) (5,462) (99,168)
OTHER COMPREHENSIVE (LOSS) INCOME:        
Unrealized (loss) gain on available-for-sale securities, net of taxes (479) (2) (1,126) 1
Comprehensive income (loss) $ 2,154 $ (13,035) $ (6,588) $ (99,167)
Net loss per share (note 10):        
Basic (in dollars per share) $ 0.01 $ (0.04) $ (0.02) $ (0.33)
Diluted (in dollars per share) $ 0.01 $ (0.04) $ (0.02) $ (0.33)
Weighted average common shares (thousands):        
Basic (in shares) 300,530 297,164 300,420 297,162
Diluted (in shares) 300,530 297,164 300,420 297,162