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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 68,962 $ 37,440
Investments (note 2) 9,225 8,543
Value added taxes receivable 7,913 4,304
Inventories (note 3) 19,560 26,620
Other current assets 2,790 1,667
Total current assets 108,450 78,574
Mineral property interests (note 4) 282,721 242,640
Investment in Minera Santa Cruz S.A. (note 5) 154,590 162,320
Property and equipment, net 14,049 14,252
Other assets (note 3, 14) 11,227 532
TOTAL ASSETS 571,037 498,318
Current liabilities:    
Accounts payable and accrued liabilities 25,082 20,044
Current portion of asset retirement obligation (note 6) 689 537
Total current liabilities 25,771 20,581
Asset retirement obligation, less current portion (note 6) 9,995 9,306
Deferred income tax liability (note 7) 23,363 23,665
Other liabilities 657 1,727
Total liabilities 59,786 55,279
Shareholders' equity:    
Common stock, no par value, 500,000 shares authorized (in thousands); 332,977 as of September 30, 2017 and 299,570 as of December 31, 2016 issued and outstanding (in thousands) 1,435,953 1,360,345
Warrants (note 8) 3,822  
Accumulated deficit (931,772) (918,972)
Accumulated other comprehensive income 3,248 1,666
Total shareholders' equity 511,251 443,039
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY $ 571,037 $ 498,318