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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
REVENUE:        
Gold and silver sales $ 11,778 $ 456 $ 35,735 $ 456
Income on investment in Minera Santa Cruz S.A., net of amortization (note 6) 2,040 11,240 252 14,968
Total Revenue 13,818 11,696 35,987 15,424
COSTS AND EXPENSES:        
Production costs applicable to sales 7,907 119 26,778 119
Mine operating costs   2,406   8,622
Mine construction costs   4,671   13,306
Mine development costs 747   1,316  
Exploration costs 2,575 6,708 22,064 28,565
Property holding costs 2,384 2,147 4,077 4,127
General and administrative 2,496 4,119 10,905 12,935
Acquisition costs   8   1,450
Accretion of asset retirement obligation (note 5) 113 110 347 342
Depreciation 204 266 731 750
Impairment of investment in Minera Santa Cruz S.A. (note 6)     95,878  
Impairment of mineral property interests and property and equipment (note 5) 6,287 2,902 34,016 3,081
(Gain) loss on sale of assets (note 5) (50) (1,135) 6,741 (1,265)
Total costs and expenses 22,663 22,321 202,853 72,032
Operating loss (8,845) (10,625) (166,866) (56,608)
OTHER INCOME (EXPENSE):        
Interest income 60 16 199 198
Gain on litigation settlement (notes 7 and 12)     560  
Loss on sale of marketable equity securities   (70)   (70)
Gain (loss) on sale of gold and silver bullion (note 4) 51 1,233 (223) 3,075
Unrealized loss on gold and silver bullion (note 4)       (359)
Other-than-temporary impairment on marketable equity securities       (1,993)
Foreign currency (loss) gain (159) 423 (1,094) 469
Total other income (expense) (48) 1,602 (558) 1,320
Loss before income taxes (8,893) (9,023) (167,424) (55,288)
Recovery of income taxes 12,157 6,369 31,025 14,919
Net income (loss) 3,264 (2,654) (136,399) (40,369)
OTHER COMPREHENSIVE INCOME (LOSS):        
Reclassification of unrealized gain on marketable securities disposed of during the period, net of taxes       1,000
Unrealized (loss) gain on available-for-sale securities, net of taxes   (1) 3 (2)
Comprehensive income (loss) $ 3,264 $ (2,655) $ (136,396) $ (39,371)
Net income (loss) per share (note 9):        
Basic (in dollars per share) $ 0.01 $ (0.01) $ (0.46) $ (0.16)
Diluted (in dollars per share) $ 0.01 $ (0.01) $ (0.46) $ (0.16)
Weighted average common shares outstanding (thousands) (note 9):        
Basic (in shares) 297,125 268,373 297,001 256,834
Diluted (in shares) 297,899 268,373 297,001 256,834