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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2017
USD ($)
$ / shares
shares
Dec. 31, 2016
USD ($)
$ / shares
shares
Dec. 31, 2015
USD ($)
$ / shares
shares
REVENUE:      
Gold and silver sales $ 67,465 $ 60,388 $ 72,956
Other revenue 259    
Total Revenue 67,724 60,388 72,956
COSTS AND EXPENSES:      
Production costs applicable to sales 45,180 28,133 34,607
Mine development costs 3,837 3,866 1,169
Exploration costs 17,714 7,959 8,798
Property holding costs 3,879 3,536 4,336
General and administrative costs 18,872 12,734 12,045
Loss (income) from investment in Minera Santa Cruz S.A., net of amortization (note 7) 44 (12,951) (2,414)
Depreciation 1,453 1,169 942
Revision of estimates and accretion of asset reclamation obligations (note 8) 2,061 595 429
Impairment of investment in Minera Santa Cruz S.A. (note 7)     11,777
Impairment of mineral property interests and property and equipment (notes 5 and 6) 711   50,600
Total costs and expenses 93,751 45,041 122,289
Operating (loss) income (26,027) 15,347 (49,333)
OTHER (EXPENSE) INCOME:      
Interest and other (expense) income: (938) 835 2,404
Gain on sale of assets 11 24 13
Gain on sale of marketable equity securities (note 3) 840 22  
Other-than-temporary impairment on marketable equity securities (note 3) (356) (882)  
Unrealized (loss) gain on derivatives (note 3) (227) 1,379  
Foreign currency (loss) gain 694 581 1,906
Total other income 24 1,959 4,323
(Loss) Income before income and mining taxes (26,003) 17,306 (45,010)
Income and mining tax recovery (note 9) 15,369 3,749 24,560
Net (loss) income (10,634) 21,055 (20,450)
OTHER COMPREHENSIVE (LOSS) INCOME:      
Reclassification of unrealized gain on marketable securities disposed of during the period, net of taxes (note 3) (840)    
Other-than-temporary impairment on marketable equity securities (note 3) 356 882  
Unrealized gain (loss) on marketable equity securities, net of $0.5 million, $0.5 million and $nil, tax benefit, respectively 1,818 1,609 (949)
Comprehensive (loss) income $ (9,300) $ 23,546 $ (21,399)
Net (loss) income per share (note 12):      
Basic (in dollars per share) | $ / shares $ (0.03) $ 0.07 $ (0.07)
Diluted (in dollars per share) | $ / shares $ (0.03) $ 0.07 $ (0.07)
Weighted average common shares outstanding (thousands) (note 12):      
Basic (in shares) | shares 313,887 298,772 300,341
Diluted (in shares) | shares 313,887 300,474 300,341
Return of capital distribution declared per common share (note 10) | $ / shares 0.010 0.005 0.010