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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
USD ($)
$ / shares
shares
Sep. 30, 2017
USD ($)
$ / shares
shares
Sep. 30, 2018
USD ($)
$ / shares
shares
Sep. 30, 2017
USD ($)
$ / shares
shares
REVENUE:        
Total Revenue $ 26,896 $ 13,430 $ 102,360 $ 43,373
OTHER OPERATING EXPENSES:        
Gross profit 6,576 4,781 31,390 19,180
Property holding 1,975 1,979 3,575 3,590
General and administrative 4,576 4,734 15,577 13,105
Loss (income) from investment in Minera Santa Cruz S.A. (note 5) 4,973 462 7,450 535
Depreciation 279 316 912 1,125
Revision of estimates and accretion of asset reclamation obligations (note 6) 314 320 896 541
Total other operating expenses 21,782 11,549 59,726 35,999
Operating loss (15,206) (6,768) (28,336) (16,819)
OTHER INCOME (EXPENSE):        
Interest and other expense (832) (303) (612) (478)
(Loss) gain on sale of assets     (99) 11
(Loss) gain on sale of marketable equity securities (note 2)     (767) 840
Unrealized fair value loss on marketable securities (note 2) (158)   (1,795)  
Other-than-temporary impairment on marketable equity securities (note 2)   (356)   (356)
Unrealized gain (loss) on derivatives (note 2) 134 (933) (731) 136
Foreign currency gain (loss) 1,159 (276) 3,568 799
Total other income (expense) 303 (1,868) (436) 952
Loss before income and mining taxes (14,903) (8,636) (28,772) (15,867)
Income and mining tax recovery (note 7) 1,613 564 4,891 3,067
Net loss (13,290) (8,072) (23,881) (12,800)
OTHER COMPREHENSIVE LOSS:        
Reclassification of unrealized gain on marketable securities disposed of during the period, net of taxes (note 2)       (840)
Other-than-temporary impairment on marketable equity securities (note 2)   356   356
Unrealized (loss) gain on marketable equity securities, net of taxes   (1,573)   2,066
Comprehensive loss $ (13,290) $ (9,289) $ (23,881) $ (11,218)
Net loss per share (note 10):        
Basic (in dollars per share) | $ / shares $ (0.04) $ (0.03) $ (0.07) $ (0.04)
Diluted (in dollars per share) | $ / shares (0.04) (0.03) (0.07) (0.04)
Basic and Diluted (in dollars per share) | $ / shares $ (0.04) $ (0.03) $ (0.07) $ (0.04)
Weighted average common shares outstanding (thousands) (note 10):        
Basic (in shares) | shares 337,100 314,077 337,083 307,445
Diluted (in shares) | shares 337,100 314,077 337,083 307,445
Basic and Diluted (in shares) | shares 337,100 314,077 337,083 307,445
Shareholders' distribution declared per common share (note 8) | $ / shares 0.005 0.005 0.010 0.010
Gold and silver sales        
REVENUE:        
Total Revenue $ 26,896 $ 13,430 $ 101,743 $ 43,373
Other revenue        
REVENUE:        
Total Revenue     617  
Production costs applicable to sales        
OTHER OPERATING EXPENSES:        
Cost of goods and services sold 20,320 8,649 70,970 24,193
Mine development        
OTHER OPERATING EXPENSES:        
Cost of goods and services sold 1,505 1,382 2,595 3,217
Exploration        
OTHER OPERATING EXPENSES:        
Cost of goods and services sold $ 8,160 $ 2,356 $ 28,721 $ 13,886