CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 37,440	$ 25,874
Investments (note 3)	8,543	1,032
Value added taxes receivable	4,304	10,032
Inventories (note 4)	26,620	14,975
Other current assets	1,667	2,530
Total current assets	78,574	54,443
Mineral property interests (note 5)	242,640	237,245
Investment in Minera Santa Cruz S.A. (note 6)	162,320	167,107
Property and equipment, net (note 7)	14,252	15,759
Other assets	532	531
TOTAL ASSETS	498,318	475,085
Current liabilities:
Accounts payable and accrued liabilities	20,044	18,429
Short-term bank indebtedness (note 8)		3,395
Current portion of asset retirement obligation (note 9)	537	215
Total current liabilities	20,581	22,039
Asset retirement obligation, less current portion (note 9)	9,306	7,569
Deferred income tax liability (note 10)	23,665	26,899
Other liabilities	1,727	286
Total liabilities	55,279	56,793
Shareholders' equity:
Common stock, no par value, 500,000 shares authorized (in thousands);Common: 299,570 and 274,421 shares issued and outstanding as of December 31, 2016 and 2015 (in thousands) (note 11);Exchangeable: nil and 24,213 shares issued and outstanding as of December 31, 2016 and 2015 (in thousands) (note11)	1,360,345	1,359,144
Accumulated deficit	(918,972)	(940,027)
Accumulated other comprehensive income (loss)	1,666	(825)
Total shareholders' equity	443,039	418,292
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY	$ 498,318	$ 475,085