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ACQUISITION OF ORKO SILVER CORPORATION/LA PRECIOSA MINERAL INTERESTS (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2013
Dec. 31, 2012
Business Combinations [Abstract]    
Schedule of Business Acquisitions, by Acquisition  

The total consideration paid for the asset acquisition was as follows (in thousands):

 

Consideration:

  

Common shares issued (1,310,043 at $22.90)

   $ 30,000   

Cash

     30,000   

Transaction advisory fees and other acquisition costs

     1,224   
  

 

 

 

Total purchase price

     61,224   

Current liabilities

     80   

Deferred income taxes

     32,540   
  

 

 

 

Total liabilities assumed

     32,620   
  

 

 

 

Total consideration

   $ 93,844   
  

 

 

 
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

Total consideration paid for the asset acquisition (in thousands):

 

Common shares issued (11,572,918 at $14.98)

   $ 173,363   

Cash

     99,059   

Warrants (1,588,768 valued at $3.64 per warrant)

     5,777   

Transaction advisory fees and other acquisition costs

     17,642   
  

 

 

 

Total purchase price

     295,841   

Current liabilities

     2,616   

Deferred income taxes

     114,339   
  

 

 

 

Total liabilities assumed

     116,955   
  

 

 

 

Total Consideration

   $ 412,796   
  

 

 

 

The following summarizes the estimated fair value of the assets acquired on December 21, 2012 (in thousands):

 

Fair value of assets acquired:

  

Cash

   $ 42   

Other current assets

     353   

Mineral interests (Note 13)

     93,429   

Other assets

     20   
  

 

 

 

Total assets acquired

   $ 93,844   
  

 

 

 
Schedule of Assets Acquired Through Business Combination at Fair Value

Estimated fair value of the assets acquired (in thousands):

 

Cash

   $ 3,487   

Other current assets

     635   

Mineral interests

     408,352   

Other assets

     322   
  

 

 

 

Total assets acquired

   $ 412,796