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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 28,890 $ 37,440
Investments (note 2) 15,329 8,543
Value added taxes receivable 6,340 4,304
Inventories (note 3) 29,453 26,620
Other current assets 1,703 1,667
Total current assets 81,715 78,574
Mineral property interests (note 4) 242,107 242,640
Investment in Minera Santa Cruz S.A. (note 5) 159,985 162,320
Property and equipment, net 14,255 14,252
Other assets (note 13) 1,316 532
TOTAL ASSETS 499,378 498,318
Current liabilities:    
Accounts payable and accrued liabilities 22,836 20,044
Current portion of asset retirement obligation (note 6) 530 537
Total current liabilities 23,366 20,581
Asset retirement obligation, less current portion (note 6) 9,411 9,306
Deferred income tax liability (note 7) 22,121 23,665
Other liabilities 1,705 1,727
Total liabilities 56,603 55,279
Shareholders' equity:    
Common stock, no par value, 500,000 shares authorized (in thousands); Common: 299,590 as of March 31, 2017 and 299,570 as of December 31, 2016 issued and outstanding (in thousands) 1,359,224 1,360,345
Accumulated deficit (921,990) (918,972)
Accumulated other comprehensive income 5,541 1,666
Total shareholders' equity 442,775 443,039
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY $ 499,378 $ 498,318