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OPERATING SEGMENT REPORTING (Tables) | 12 Months Ended
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Dec. 31, 2016
OPERATING SEGMENT REPORTING |
Schedule of the financial information relating to the Company's segments |
|  |  |  |  |  |  |  |  |  |  |  |  |  | Total
|  |  |  |  |  |  |  |  |  |  |  |  |  | Segment
Year ended December 31, 2016 |  | Mexico |  | MSC |  | Los Azules |  | Nevada |  | Income (loss)
Gold and silver sales |  | $ | 60,388 |  | $ | — |  | $ | — |  | $ | — |  | $ | 60,388
Production costs applicable to sales |  |  | (28,133) |  |  | — |  |  | — |  |  | — |  |  | (28,133)
Mine development costs |  |  | (1,174) |  |  | — |  |  | — |  |  | (2,692) |  |  | (3,866)
Exploration costs |  |  | (4,100) |  |  | — |  |  | (1,649) |  |  | (1,973) |  |  | (7,722)
Property holding costs |  |  | (1,642) |  |  | — |  |  | (405) |  |  | (1,489) |  |  | (3,536)
General and administrative expenses |  |  | (2,688) |  |  | — |  |  | (646) |  |  | (228) |  |  | (3,562)
Income from investment in Minera Santa Cruz S.A. (net of amortization) |  |  | — |  |  | 12,951 |  |  | — |  |  | — |  |  | 12,951
Segment income (loss) |  | $ | 22,651 |  | $ | 12,951 |  | $ | (2,700) |  | $ | (6,382) |  | $ | 26,520
Corporate and other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other exploration |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (237)
General and administrative expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (9,172)
Depreciation |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (1,169)
Revision of estimates and accretion of reclamation obligations |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (595)
Interest and other income |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 835
Gain on sale of assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 24
Gain on sale of marketable equity securities |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 22
Other-than-temporary impairment on marketable equity securities |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (882)
Unrealized gain on derivatives |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1,379
Foreign currency gain |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 581
Net income before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 17,306
|  |  |  |  |  |  |  |  |  |  |  |  |  | Total
|  |  |  |  |  |  |  |  |  |  |  |  |  | Segment
Year ended December 31, 2015 |  | Mexico |  | MSC |  | Los Azules |  | Nevada |  | Income (loss)
Gold and silver sales |  | $ | 72,956 |  | $ | — |  | $ | — |  | $ | — |  | $ | 72,956
Production costs applicable to sales |  |  | (34,607) |  |  | — |  |  | — |  |  | — |  |  | (34,607)
Mine development costs |  |  | (761) |  |  | — |  |  | — |  |  | (408) |  |  | (1,169)
Exploration costs |  |  | (4,526) |  |  | — |  |  | (1,481) |  |  | (2,517) |  |  | (8,524)
Property holding costs |  |  | (2,471) |  |  | — |  |  | (356) |  |  | (1,509) |  |  | (4,336)
General and administrative expenses |  |  | (3,953) |  |  | — |  |  | (647) |  |  | (203) |  |  | (4,803)
Income from investment in Minera Santa Cruz S.A. (net of amortization) |  |  | — |  |  | 2,414 |  |  | — |  |  | — |  |  | 2,414
Segment income (loss) |  | $ | 26,638 |  |  | 2,414 |  | $ | (2,484) |  | $ | (4,637) |  | $ | 21,931
Corporate and other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other exploration |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (274)
General and administrative expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (7,242)
Depreciation |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (942)
Revision of estimates and accretion of reclamation obligations |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (429)
Impairment of mineral property interests and property and equipment |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (50,600)
Impairment of investment in Minera Santa Cruz S.A. |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (11,777)
Interest and other income |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2,404
Gain on sale of assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 13
Foreign currency gain |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1,906
Net loss before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (45,010)
|  |  |  |  |  |  |  |  |  |  |  |  |  | Total
|  |  |  |  |  |  |  |  |  |  |  |  |  | Segment
Year ended December 31, 2014 |  | Mexico |  | MSC |  | Los Azules |  | Nevada |  | Income (loss)
Gold and silver sales |  | $ | 45,303 |  |  | — |  | $ | — |  | $ | — |  | $ | 45,303
Production costs applicable to sales |  |  | (40,608) |  |  | — |  |  | — |  |  | — |  |  | (40,608)
Mine construction costs |  |  | (1,723) |  |  | — |  |  | — |  |  | — |  |  | (1,723)
Mine development costs |  |  | (1,829) |  |  | — |  |  | — |  |  | — |  |  | (1,829)
Exploration costs |  |  | (5,468) |  |  | — |  |  | (2,453) |  |  | (3,060) |  |  | (10,981)
Property holding costs |  |  | (1,829) |  |  | — |  |  | (610) |  |  | (3,926) |  |  | (6,365)
General and administrative expenses |  |  | (3,194) |  |  | — |  |  | (969) |  |  | (211) |  |  | (4,374)
Loss from investment in Minera Santa Cruz S.A. (net of amortization) |  |  | — |  |  | (5,284) |  |  | — |  |  | — |  |  | (5,284)
Segment income (loss) |  |  | (9,348) |  |  | (5,284) |  |  | (4,032) |  |  | (7,197) |  |  | (25,861)
Corporate and other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other exploration |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (351)
General and administrative expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (7,695)
Depreciation |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (979)
Revision of estimates and accretion of reclamation obligations |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (407)
Impairment of mineral property interests and property and equipment |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (353,736)
Impairment of investment in Minera Santa Cruz S.A. |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (21,162)
Interest and other expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 259
Gain on sale of assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 26
Registration taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (6,788)
Foreign currency loss |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (2,419)
Net loss before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (419,113)
Schedule Of Geographic Information | Geographic information
|  | Long-lived Assets |  | Revenue(1)
|  | Year ended December 31, |  | Year ended December 31,
|  | 2016 |  | 2015 |  | 2016 |  | 2015 |  | 2014
Canada |  | $ | 663 |  | $ | 763 |  | $ | — |  | $ | — |  | $ | —
Mexico |  |  | 27,582 |  |  | 24,067 |  |  | 60,388 |  |  | 72,956 |  |  | 45,303
USA |  |  | 37,620 |  |  | 36,967 |  |  | — |  |  | — |  |  | —
Argentina(2) |  |  | 353,879 |  |  | 358,845 |  |  | — |  |  | — |  |  | —
Total consolidated |  | $ | 419,744 |  | $ | 420,642 |  | $ | 60,388 |  | $ | 72,956 |  | $ | 45,303
| (1) |  | Presented based on the location from which the product originated.
| (2) |  | Includes Investment in MSC of $162.0 million as of December 31, 2016 (December 31, 2015 - $167.1 million).
Schedule Of Property and Equipment and Mineral Property Interests, net of dispositions |
|  | Capital Expenditures
|  | Year ended December 31,
|  | 2016 |  | 2015 |  | 2014
Mexico |  | $ | 5,401 |  | $ | 700 |  | $ | 1,843
Los Azules |  |  | — |  |  | 2 |  |  | (3)
Nevada |  |  | 764 |  |  | 62 |  |  | 2
Total segment capital expenditures |  | $ | 6,165 |  | $ | 764 |  | $ | 1,842
Corporate and other |  |  | — |  |  | — |  |  | 908
Consolidated total for capital expenditures |  | $ | 6,165 |  | $ | 764 |  | $ | 2,750

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