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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 29,904 $ 27,153
Investments (note 2) 2,573 7,971
Value added taxes receivable 5,099 5,250
Inventories (note 3) 29,051 31,951
Restricted cash (note 16) 8,837 10,000
Other current assets 4,161 4,539
Total current assets 79,625 86,864
Mineral property interests, net (note 4) 296,034 293,437
Plant and equipment, mine development and construction in progress, net 57,828 51,046
Investment in Minera Santa Cruz S.A. (note 5) 145,001 150,064
Other assets (note 3 and note 14) 9,659 10,718
TOTAL ASSETS 588,147 592,129
Current liabilities:    
Accounts payable and accrued liabilities 38,268 34,880
Flow-through share premium (note 8) 1,000 1,643
Current portion of capital lease liabilities (note 15) 321 470
Current portion of asset retirement obligation (note 6) 743 646
Total current liabilities 40,332 37,639
Asset retirement obligation, less current portion (note 6) 24,399 24,076
Deferred income and mining tax liability (note 7) 8,176 8,430
Capital lease liabilities, less current portion (note 15) 40 81
Other liabilities 581 630
Total liabilities 73,528 70,856
Shareholders’ equity:    
Common stock, no par value, 500,000 shares authorized (in thousands); Common: 337,086 as of March 31, 2018 and 337,051 as of December 31, 2017 issued and outstanding (in thousands) (note 8) 1,442,613 1,444,056
Warrants (note 8) 3,823 3,823
Accumulated deficit (931,817) (929,606)
Accumulated other comprehensive income   3,000
Total shareholders' equity 514,619 521,273
TOTAL LIABILITIES & SHAREHOLDERS’ EQUITY $ 588,147 $ 592,129