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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, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
REVENUES        
Revenues from mining operations $ 437,794 $ 336,424 $ 929,561 $ 756,846
COSTS, EXPENSES AND OTHER INCOME        
Production 239,006 [1] 225,951 [1] 463,097 [1] 456,004 [1]
Exploration and corporate development 11,552 11,326 20,970 19,897
Amortization of property, plant and mine development (note 5) 77,570 70,128 151,107 140,199
General and administrative (note 15) 24,791 28,385 52,030 65,705
Impairment loss on available-for-sale securities (note 8) 2,419 17,313 2,419 28,308
Provincial capital tax   (1,504)   (1,504)
Interest expense (note 9) 15,731 13,735 31,666 27,651
Interest and sundry expense 3,370 3,734 2,953 3,946
Loss (gain) on derivative financial instruments (note 10) 1,344 1,936 (1,984) (1,046)
Gain on sale of available-for-sale securities (note 8) (5,016)   (5,289)  
Foreign currency translation loss (gain) 8,666 (11,120) 326 (7,462)
Income (loss) before income and mining taxes and other items 58,361 (23,460) 212,266 25,148
Income and mining taxes expense 18,360 920 63,413 25,669
Loss on equity investment (note 14) 2,325   2,325  
Net income (loss) for the period 37,676 (24,380) 146,528 (521)
Net income (loss) per share - basic (note 6) $ 0.20 $ (0.14) $ 0.81 $ 0.00
Net income (loss) per share - diluted (note 6) $ 0.20 $ (0.14) $ 0.81 $ 0.00
Cash dividends declared per common share $ 0.08 $ 0.22 $ 0.16 $ 0.22
COMPREHENSIVE INCOME        
Net income (loss) for the period 37,676 (24,380) 146,528 (521)
Available-for-sale securities and other investments:        
Unrealized gain (loss) 5,264 (20,802) 26,282 (20,975)
Reclassification to impairment loss on available-for-sale securities (note 8) 2,419 17,313 2,419 28,308
Reclassification to realized gain on sale of available-for-sale securities (note 8) (5,016)   (5,289)  
Derivative financial instruments:        
Unrealized gain (loss) 1,920 (1,932) 1,334 (1,851)
Reclassification to production costs (70) 10 475 20
Pension benefits:        
Reclassification to general and administrative expense 165 131 330 262
Income tax recovery impact of reclassification items (25) (37) (212) (74)
Income tax (recovery) expense impact of other comprehensive income (loss) items (506) 508 (352) 489
Other comprehensive income (loss) for the period 4,151 (4,809) 24,987 6,179
Comprehensive income (loss) for the period $ 41,827 $ (29,189) $ 171,515 $ 5,658
[1] Exclusive of amortization, which is shown seperately.