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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
USD ($)
$ / shares
shares
Dec. 31, 2015
USD ($)
$ / shares
shares
Dec. 31, 2014
USD ($)
$ / shares
shares
REVENUE:      
Gold and silver sales $ 60,388 $ 72,956 $ 45,303
Total Revenue 60,388 72,956 45,303
COSTS AND EXPENSES:      
Production costs applicable to sales 28,133 34,607 40,608
Mine construction costs     1,723
Mine development 3,866 1,169 1,829
Exploration 7,959 8,798 11,332
Property holding 3,536 4,336 6,365
General and administrative 12,734 12,045 12,069
(Income) loss from investment in Minera Santa Cruz S.A., net of amortization (note 6) (12,951) (2,414) 5,284
Depreciation 1,169 942 979
Revision of estimates and accretion of reclamation obligations (note 9) 595 429 407
Impairment of investment in Minera Santa Cruz S.A. (note 6)   11,777 21,162
Impairment of mineral property interests and property and equipment (note 5)   50,600 353,736
Total costs and expenses 45,041 122,289 455,494
Operating income (loss) 15,347 (49,333) (410,191)
OTHER INCOME (EXPENSE):      
Interest and other income 835 2,404 259
Gain on sale of assets 24 13 26
Gain on sale of marketable equity securities (note 3) 22    
Other-than-temporary impairment on marketable equity securities (note 3) (882) 0  
Unrealized gain on derivatives (note 3) 1,379    
Registration taxes     (6,788)
Foreign currency gain (loss) 581 1,906 (2,419)
Total other income (expense) 1,959 4,323 (8,922)
Income (loss) before income taxes 17,306 (45,010) (419,113)
Income tax recovery (note 10) (3,749) (24,560) (107,170)
Net income (loss) 21,055 (20,450) (311,943)
OTHER COMPREHENSIVE INCOME (LOSS):      
Other-than-temporary impairment on marketable equity securities (note 3) 882 0  
Unrealized gain (loss) on marketable equity securities, net of $0.5 million, $nil and $nil, tax benefit, respectively 1,609 (949) 419
Comprehensive income (loss) $ 23,546 $ (21,399) $ (311,524)
Net income (loss) per share (note 13):      
Basic (in dollars per share) | $ / shares $ 0.07 $ (0.07) $ (1.05)
Diluted (in dollars per share) | $ / shares $ 0.07 $ (0.07) $ (1.05)
Weighted average common shares outstanding (thousands) (note 13):      
Basic (in shares) | shares 298,772 300,341 297,763
Diluted (in shares) | shares 300,474 300,341 297,763
Return of capital distribution declared per common share (note 11) | $ / shares 0.005 0.010