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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities:    
Cash paid to suppliers and employees $ (35,098) $ (24,242)
Cash received from revenue 41,285 14,833
Dividends received from Minera Santa Cruz S.A. (note 5) 4,851 2,525
Interest received 50 34
Cash provided by (used in) operating activities 11,088 (6,850)
Cash flows from investing activities:    
Additions to mineral property interests (4,084)  
Additions to property and equipment (6,748) (350)
Proceeds from sale of investments (note 2) 2,663  
Proceeds from disposal of property and equipment   36
Cash used in investing activities (8,169) (314)
Cash flows from financing activities:    
Shareholders' distribution (note 8) (1,685) (1,498)
Proceeds from the exercise of stock options (note 8) 40 47
Cash (used) in financing activities (1,645) (1,451)
Effect of exchange rate change on cash and cash equivalents 314 65
Increase (decrease) in cash, cash equivalents and restricted cash 1,588 (8,550)
Cash, cash equivalents and restricted cash, beginning of period 37,153 37,440
Cash, cash equivalents and restricted cash, end of period (note 16) 38,741 28,890
Reconciliation of net (loss) to cash provided by (used in) operating activities:    
Net loss (5,211) (3,018)
Adjustments to reconcile net (loss) from operating activities:    
Loss (income) from investment in Minera Santa Cruz S.A., net of amortization (note 5) 212 (190)
Gain on disposal of fixed assets   (11)
Recovery of deferred income taxes (note 7) (1,137) (2,656)
Loss on sale of marketable securities (note 2) 1,871  
Stock-based compensation (note 9) 203 330
Depreciation 2,327 327
Revision of estimates and accretion of asset reclamation obligations (note 6) 294 105
Adjustment to the asset retirement obligation estimate (note 6) (359)  
Amortization of mineral property interests and asset retirement obligations 1,800 533
Foreign exchange gain (314) (65)
Unrealized loss (gain) on derivative investments (note 2) 864 (1,791)
Change in non-cash working capital items:    
Decrease (increase) in VAT taxes receivable, net of collection of $1,968 (2017 - $448) 151 (2,040)
Decrease (increase) in other assets related to operations 4,337 (3,655)
Increase in liabilities related to operations 1,199 2,756
Dividends received from Minera Santa Cruz S.A. (note 5) 4,851 2,525
Cash provided by (used in) operating activities $ 11,088 $ (6,850)