CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $) In Thousands, unless otherwise specified	3 Months Ended
Mar. 31, 2013	Mar. 31, 2012
Cash flows (used in) from operating activities:
Cash paid to suppliers and employees	$ (38,193)	$ (16,512)
Cash received from gold and silver sales	13,128
Interest received	71	125
Cash used in operating activities	(24,994)	(16,387)
Cash flows (used in) provided by investing activities:
Cash and short-term investments received from acquisition of Minera Andes Inc.		36,337
Short-term investments (net)		838
Acquisition of mineral property interests	(150)	(392)
Additions to property and equipment	(175)	(1,274)
Proceeds from disposal of property and equipment		2
Proceeds from sale of gold and silver bullion		6,296
Cash (used in) provided by investing activities	(325)	41,807
Cash flows from financing activities:
Exercise of stock options	34	2,515
Cash provided by financing activities	34	2,515
Effect of exchange rate change on cash and cash equivalents	(514)	(218)
(Decrease) increase in cash and cash equivalents	(25,799)	27,717
Cash and cash equivalents, beginning of period	70,921	13,416
Cash and cash equivalents, end of period	45,122	41,133
Reconciliation of net loss to cash used in operating activities:
Net loss	(10,982)	(17,351)
Adjustments to reconcile net loss from operating activities:
Loss (income) on investment in Minera Santa Cruz S.A. (net of amortization)	237	(3,049)
Deferred income taxes	(6,463)	(2,273)
Gain on litigation settlement	(560)
Gain on sale of gold and silver bullion		(1,408)
Gain on sale of assets		(2)
Stock-based compensation	378	1,573
Accretion of asset retirement obligation	113	112
Depreciation	282	221
Amortization of mineral property interests and asset retirement obligations	669
Foreign exchange loss	514	218
Change in non-cash working capital items:
Increase in other assets related to operations	(561)	(2,020)
Dividend receivable obtained from acquisition of Minera Andes Inc.		9,363
Decrease in liabilities related to operations	(8,621)	(1,771)
Cash used in operating activities	$ (24,994)	$ (16,387)

This element represents the increase in the fair value of the shares issued as part of the litigation settlement.

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Amount of accretion expense recognized during the period that is associated with an asset retirement obligation. Accretion expense measures and incorporates changes due to the passage of time into the carrying amount of the liability.

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