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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
USD ($)
$ / shares
shares
Sep. 30, 2015
USD ($)
$ / shares
shares
Sep. 30, 2016
USD ($)
$ / shares
shares
Sep. 30, 2015
USD ($)
$ / shares
shares
REVENUE:        
Gold and silver sales $ 13,423 $ 22,503 $ 49,226 $ 61,545
Total Revenue 13,423 22,503 49,226 61,545
COSTS AND EXPENSES:        
Production costs applicable to sales 6,409 11,170 21,239 28,912
Mine development 934 112 2,948 449
Exploration 2,166 1,830 5,595 7,252
Property holding 1,892 2,073 3,297 4,061
General and administrative 3,233 2,276 8,601 8,761
Depreciation 312 211 809 691
Accretion of asset retirement obligation (note 4) 125 110 382 342
(Income) loss from investment in Minera Santa Cruz S.A., net of amortization (note 5) (4,693) 1,641 (13,789) 3,964
Impairment of mineral property interests and property and equipment (note 4)   1,198   29,740
Total costs and expenses 10,378 20,621 29,082 84,172
Operating income (loss) 3,045 1,882 20,144 (22,627)
OTHER INCOME (EXPENSE):        
Interest income (expense) and other income (expense) 599 (715) 754 2,415
Gain on sale of assets 24 9 24 13
Gain on sale of marketable equity securities (note 2)     22  
Other-than-temporary impairment on marketable equity securities (note 2)     (882)  
Unrealized gain on derivative instrument (note 2) (197)   1,522  
Foreign currency gain (loss) 130 (162) 632 (366)
Total other income (expense) 556 (868) 2,072 2,062
Income (loss) before income taxes 3,601 1,014 22,216 (20,565)
Income tax recovery (note 10) 607 1,619 3,330 15,103
Net income (loss) 4,208 2,633 25,546 (5,462)
OTHER COMPREHENSIVE INCOME (LOSS)        
Other-than-temporary impairment on marketable equity securities (note 2)     882  
Unrealized gain (loss) on marketable equity securities, net of taxes 290 (479) 1,790 (1,126)
Comprehensive income (loss) $ 4,498 $ 2,154 $ 28,218 $ (6,588)
Net income (loss) per share (note 11):        
Basic (in dollars per share) | $ / shares $ 0.01 $ 0.01 $ 0.09 $ (0.02)
Diluted (in dollars per share) | $ / shares $ 0.01 $ 0.01 $ 0.09 $ (0.02)
Weighted average common shares outstanding (thousands) (note 11):        
Basic (in shares) | shares 298,510 300,530 298,330 300,420
Diluted (in shares) | shares 301,045 300,530 299,995 300,420
Return of capital distribution declared per common share (note 8) | $ / shares 0.005   0.005 0.010