Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations and Comprehensive Loss

v3.6.0.2
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Income Statement [Abstract]      
Sales (note 15) $ 27,305 $ 41,877 $ 29,349
Cost of sales (15,848) (29,292) (17,858)
Gross profit 11,457 12,585 11,491
Operating Expenses      
Exploration and evaluation (2,964) (2,853) (3,277)
Development (2,886) (5,358) (7,672)
General and administrative (4,740) (5,715) (6,541)
Accretion of asset retirement obligations (Note 13) (534) (515) (497)
Write-off of mineral properties (note 7) (62)   (483)
Income (loss) from operations 271 (1,856) (6,979)
Interest expense (net) (1,977) (2,557) (2,699)
Warrants mark to market adjustment 36 307 946
Loss on equity investment (note 9) (5) (8) (5)
Write-off of equity investments (note 9) (1,089)    
Foreign exchange gain (loss) (278) (1) (12)
Other income (loss) 15 5  
Profit (loss) before income taxes (3,027) (4,110) (8,749)
Income tax recovery (net) (note 12) 17 3,315  
Net loss for the year $ (3,010) $ (795) $ (8,749)
Loss per common share:      
Basic and diluted $ (0.02) $ (0.01) $ (0.07)
Weighted average number of common shares outstanding:      
Basic and diluted 141,999,537 130,056,932 128,781,215
COMPREHENSIVE LOSS      
Net loss for the year $ (3,010) $ (795) $ (8,749)
Translation adjustment on foreign operations 247 20 39
Comprehensive loss for the year $ (2,763) $ (775) $ (8,710)