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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 30,902 $ 12,380
Investments (note 2) 855 1,082
Value added taxes receivable 10,855 11,739
Inventories (note 3) 12,425 12,404
Other current assets 1,831 2,096
Total current assets 56,868 39,701
Mineral property interests (note 4) 257,106 287,812
Investment in Minera Santa Cruz S.A. (note 5) 172,506 177,018
Property and equipment, net 17,739 17,896
Other assets (note 14) 531 531
TOTAL ASSETS 504,750 522,958
Current liabilities:    
Accounts payable and accrued liabilities 19,227 21,654
Short-term bank indebtedness (note 6) 5,171  
Current portion of asset retirement obligation (note 4) 2,514 2,427
Total current liabilities 26,912 24,081
Asset retirement obligation, less current portion (note 4) 5,654 5,044
Deferred income tax liability (note 9) 36,875 51,899
Deferred rent expense 295 319
Other liabilities 400 400
Total liabilities 70,136 81,743
Shareholders' equity:    
Common stock, no par value, 500,000 shares authorized; Common: 274,254 as of September 30, 2015 and 271,579 as of December 31, 2014 issued and outstanding Exchangeable: 26,277 shares as of September 30, 2015 and 28,521 shares as of December 31, 2014 issued and outstanding 1,360,655 1,360,668
Accumulated deficit (925,039) (919,577)
Accumulated other comprehensive (loss) income (1,002) 124
Total shareholders' equity 434,614 441,215
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY $ 504,750 $ 522,958