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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 27,153 $ 37,440
Investments (note 3) 7,971 8,543
Value added taxes receivable 5,250 4,304
Inventories (note 4) 31,951 26,620
Restricted cash (note 21) 10,000  
Other current assets 4,539 1,667
Total current assets 86,864 78,574
Mineral property interests, net (note 5) 293,437 242,640
Plant and equipment, mine development and construction in progress, net (note 6) 51,046 14,252
Investment in Minera Santa Cruz S.A. (note 7) 150,064 162,320
Other assets (note 4 and note 13) 10,718 532
TOTAL ASSETS 592,129 498,318
Current liabilities:    
Accounts payable and accrued liabilities 34,880 20,044
Flow-through share premium (note 10) 1,643  
Current portion of capital lease liabilities (note 20) 470  
Current portion of asset retirement obligation (note 8) 646 537
Total current liabilities 37,639 20,581
Asset retirement obligation, less current portion (note 8) 24,076 9,306
Deferred income and mining tax liability (note 9) 8,430 23,665
Capital lease liabilities, less current portion (note 20) 81  
Other liabilities 630 1,727
Total liabilities 70,856 55,279
Shareholders' equity:    
Common stock, no par value, 500,000 shares authorized (in thousands); Common: 337,051 as of December 31, 2017 and 299,570 as of December 31, 2016 issued and outstanding (in thousands) (note 10) 1,444,056 1,360,345
Warrants (note 10) 3,823  
Accumulated deficit (929,606) (918,972)
Accumulated other comprehensive income 3,000 1,666
Total shareholders' equity 521,273 443,039
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY $ 592,129 $ 498,318