XML 72 R2.htm IDEA: XBRL DOCUMENT v3.19.3
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
USD ($)
$ / shares
shares
Sep. 30, 2018
USD ($)
$ / shares
shares
Sep. 30, 2019
USD ($)
$ / shares
shares
Sep. 30, 2018
USD ($)
$ / shares
shares
REVENUE:        
Revenue $ 32,691 $ 26,896 $ 84,657 $ 101,743
OPERATING EXPENSES:        
Depreciation and depletion (7,488) (3,143) (17,501) (10,332)
Gross profit 1,619 6,013 7,724 29,333
OTHER OPERATING EXPENSES:        
Advanced projects (2,140) (5,230) (6,881) (10,990)
General and administrative expenses (2,645) (2,192) (8,078) (8,323)
Loss from investment in Minera Santa Cruz S.A. (note 8) (328) (4,973) (6,775) (7,450)
Depreciation (96) (279) (417) (912)
Revision of estimates and accretion of reclamation obligations (note 11) (495) (314) (1,383) (896)
Total other operating expenses (19,399) (21,219) (47,251) (58,286)
Operating loss (17,780) (15,206) (39,527) (28,953)
OTHER (EXPENSE) INCOME:        
Interest and other finance (expense) income, net (650) (832) (3,946) (612)
Other income (expense) (note 3) 4,773 1,135 6,283 793
Total other (expense) income 4,123 303 2,337 181
Loss before income and mining taxes (13,657) (14,903) (37,190) (28,772)
Income and mining tax recovery 2,192 1,613 2,575 4,891
Net loss and comprehensive loss $ (11,465) $ (13,290) $ (34,615) $ (23,881)
Net loss per share (note 13):        
Basic and Diluted (in dollars per share) | $ / shares $ (0.03) $ (0.04) $ (0.10) $ (0.07)
Weighted average common shares outstanding (thousands) (note 13):        
Basic and Diluted (in shares) | shares 362,175 337,278 356,218 337,083
Shareholders' distribution declared per common share (note 12) | $ / shares   0.005   0.010
Gold and silver sales        
REVENUE:        
Revenue $ 32,691 $ 26,896 $ 84,657 $ 101,743
Production costs applicable to sales        
OPERATING EXPENSES:        
Cost of goods and services sold (23,584) (17,740) (59,432) (62,078)
Exploration        
OPERATING EXPENSES:        
Cost of goods and services sold $ (13,695) $ (8,231) $ (23,717) $ (29,715)