CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Cash flows from operating activities:
Cash paid to suppliers and employees	$ (46,640)	$ (20,996)
Cash received from gold and silver sales	29,943	34,932
Dividends received from Miners Santa Cruz S.A. (note 5)	4,927	5,396
Interest received	118	221
Cash (used in) provided by operating activities	(11,652)	19,553
Cash flows from investing activities:
Acquisition of mineral property interests		(5,950)
Additions to property and equipment	(938)	(252)
Proceeds from reimbursement of equipment deposit		961
Proceeds from sale of investments (note 2)	2,155	470
Acquisition costs of Lexam VG Gold, net of cash and cash equivalents acquired (note 15)	(840)
Proceeds from disposal of property and equipment	33
Acquisition of investments		(398)
Cash provided by (used in) investing activities	410	(5,169)
Cash flows from financing activities:
Repayment of short-term bank indebtedness		(3,395)
Return of capital distribution (note 8)	(1,498)	(1,489)
Share repurchase		(582)
Proceeds from the exercise of stock options	47	1,873
Cash used in financing activities	(1,451)	(3,593)
Effect of exchange rate change on cash and cash equivalents	34	84
(Decrease) increase in cash and cash equivalents	(12,659)	10,875
Cash and cash equivalents, beginning of period	37,440	25,874
Cash and cash equivalents, end of period	24,781	36,749
Reconciliation of net (loss) income to cash provided by (used in) operating activities:
Net (loss) income	(4,728)	21,338
Adjustments to reconcile net (loss) income from operating activities:
Loss (income) from investment in Minera Santa Cruz S.A., net of amortization (note 5)	73	(9,096)
Loss on reimbursement of equipment deposit		541
Other-than-temporary impairment on marketable equity securities (note 2)	0	882
Gain on disposal of fixed assets	(11)
Recovery of deferred income taxes (note 7)	(2,503)	(2,723)
Gain on sale of marketable securities (note 2)	(840)	(22)
Stock-based compensation (note 9)	745	491
Depreciation	809	497
Accretion of asset retirement obligation	221	257
Amortization of mineral property interests and asset retirement obligations	1,065	1,144
Foreign exchange gain	(34)	(84)
Unrealized gain on derivative instrument (note 2)	(1,069)	(1,719)
Change in non-cash working capital items:
(Increase) decrease in VAT taxes receivable, net of collection of $448 (2016 - $9,523)	(3,979)	7,577
Increase in other assets related to operations	(3,044)	(3,304)
Decrease in liabilities related to operations	(3,284)	(1,622)
Dividends received from Minera Santa Cruz S.A. (note 5)	4,927	5,396
Cash (used in) provided by operating activities	$ (11,652)	$ 19,553