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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
REVENUE:        
Gold and silver sales $ 14,613 $ 16,160 $ 35,803 $ 39,042
Total Revenue 14,613 16,160 35,803 39,042
COSTS AND EXPENSES:        
Production costs applicable to sales 5,763 7,288 14,830 17,742
Mine development costs 1,316 163 2,014 337
Exploration costs 1,689 3,080 3,429 5,422
Property holding costs 258 496 1,405 1,988
General and administrative 2,600 3,277 5,368 6,485
Depreciation 258 208 497 480
Accretion of asset retirement obligation (note 4) 133 131 257 232
(Income) loss from investment in Minera Santa Cruz S.A., net of amortization (note 5) (4,133) 2,652 (9,096) 2,323
Impairment of mineral property interests and property and equipment (note 4)   28,542   28,542
Total costs and expenses 7,884 45,837 18,704 63,551
Operating income (loss) 6,729 (29,677) 17,099 (24,509)
OTHER INCOME (EXPENSE):        
Interest (expense) and other income (expense) (73) 3,228 155 3,130
Gain on sale of marketable equity securities (note 2)   4 22 4
Other-than-temporary impairment on marketable equity securities (note 2) (597)   (882)  
Unrealized gain on derivatives (note 2) 1,719   1,719  
Foreign currency (loss) gain (281) 8 502 (204)
Total other income 768 3,240 1,516 2,930
Income (loss) before income taxes 7,497 (26,437) 18,615 (21,579)
Income taxes recovery (note 10) 856 12,321 2,723 13,484
Net income (loss) 8,353 (14,116) 21,338 (8,095)
OTHER COMPREHENSIVE INCOME (LOSS)        
Other-than-temporary impairment on marketable equity securities (note 2) 597   882  
Unrealized gain (loss) on marketable equity securities, net of taxes 1,624 (482) 1,500 (647)
Comprehensive income (loss) $ 10,574 $ (14,598) $ 23,720 $ (8,742)
Net income (loss) per share (note 11):        
Basic (in dollars per share) $ 0.03 $ (0.05) $ 0.07 $ (0.03)
Diluted (in dollars per share) $ 0.03 $ (0.05) $ 0.07 $ (0.03)
Weighted average common shares outstanding (thousands) (note 11):        
Basic (in shares) 298,237 300,530 298,239 300,364
Diluted (in shares) 299,791 300,530 299,231 300,364