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CONSOLIDATED STATEMENTS OF INCOME (LOSS) AND COMPREHENSIVE INCOME (LOSS) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
REVENUES        
Revenues from mining operations $ 336,424 $ 459,561 $ 756,846 $ 932,495
COSTS, EXPENSES AND OTHER INCOME        
Production (1) 225,951 [1] 219,906 [1] 456,004 [1] 434,941 [1]
Exploration and corporate development 11,326 34,286 19,897 57,394
Amortization of property, plant and mine development (note 5) 70,128 66,310 140,199 130,863
General and administrative (note 15) 28,385 32,015 65,705 65,943
Impairment loss on available-for-sale securities (note 8) 17,313 11,581 28,308 11,581
Provincial capital tax (1,504) 4,001 (1,504) 4,001
Interest expense (note 9) 13,735 14,220 27,651 28,667
Interest and sundry expense (income) 3,734 23 3,946 (246)
Loss (gain) on derivative financial instruments (notes 4 and 10) 1,936 4,321 (1,046) 3,426
Loss on sale of available-for-sale securities (note 8)   6,731   6,731
Foreign currency translation (gain) loss (11,120) (11,009) (7,462) 4,508
Income (loss) before income and mining taxes (23,460) 77,176 25,148 184,686
Income and mining taxes 920 33,904 25,669 62,866
Net income (loss) for the period (24,380) 43,272 (521) 121,820
Net income (loss) per share - basic (note 6) (in dollars per share) $ (0.14) $ 0.25 $ 0.00 $ 0.71
Net income (loss) per share - diluted (note 6) (in dollars per share) $ (0.14) $ 0.25 $ 0.00 $ 0.71
Cash dividends declared per common share (in dollars per share) $ 0.22 $ 0.20 $ 0.22 $ 0.40
COMPREHENSIVE INCOME (LOSS)        
Net income (loss) for the period (24,380) 43,272 (521) 121,820
Available-for-sale securities and other investments:        
Unrealized loss (20,802) (22,058) (20,975) (37,077)
Reclassification to impairment loss on available-for-sale securities (notes 4 and 8) 17,313 11,581 28,308 11,581
Reclassification to realized loss on sale of available-for-sale securities (notes 4 and 8)   6,731   6,731
Derivative financial instruments (notes 4 and 10):        
Unrealized (loss) gain (1,932) (5,540) (1,851) 1,734
Reclassification to production costs   527   17
Reclassification to interest expense 10   20  
Pension benefits:        
Reclassification to general and administrative expense 131 1,379 262 1,603
Income tax impact of reclassification items (37) (502) (74) (427)
Income tax impact of other comprehensive income (loss) items 508 1,196 489 (723)
Other comprehensive income (loss) for the period (4,809) (6,686) 6,179 (16,561)
Comprehensive income (loss) for the period $ (29,189) $ 36,586 $ 5,658 $ 105,259
[1] Exclusive of amortization shown separately below