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Segmented Information (Tables)
12 Months Ended
Dec. 31, 2023
Disclosure of entity's operating segments [Abstract]  
Disclosure of Information Relating to Reportable Segments
Significant information relating to the Company’s reportable operating segments is summarized in the table below:
For the year ended December 31, 2023
Segment/CountryOperationRevenueProduction costs and royaltiesDepreciationMine operating earnings (losses)
Capital expenditures(1)
Silver Segment:
MexicoLa Colorada$122.5 $128.1 $22.1 $(27.7)$63.9 
PeruHuaron145.4 105.2 12.9 27.3 36.2 
Morococha (2)
    2.1 
BoliviaSan Vicente91.5 69.8 9.5 12.2 3.8 
Argentina
Manantial Espejo (2)
37.7 32.4 2.0 3.3 0.2 
Cerro Moro214.1 160.7 23.1 30.3 25.4 
GuatemalaEscobal    2.1 
Total Silver Segment611.2 496.2 69.6 45.4 133.7 
Gold Segment:
MexicoDolores267.5 132.6 114.3 20.6 8.7 
PeruShahuindo284.7 143.7 45.3 95.7 57.1 
La Arena190.2 122.4 32.4 35.4 21.2 
CanadaTimmins260.6 201.4 39.8 19.4 46.9 
BrazilJacobina287.5 129.9 86.9 70.7 69.9 
ChileEl Peñon259.4 184.2 54.2 21.0 18.6 
Minera Florida154.8 124.7 33.3 (3.2)22.3 
Total Gold Segment1,704.7 1,038.9 406.2 259.6 244.7 
Other segment:
CanadaPas Corp  0.4 (0.4)4.5 
Yamana Corp0.2  5.8 (5.6)1.5 
Argentina
MARA (2)
  0.1 (0.1)35.9 
Other  2.1 (2.1)2.7 
Total$2,316.1 $1,535.1 $484.2 $296.8 $423.0 
(1)Includes payments for mineral properties, plant and equipment and payment of equipment leases.
(2)Manantial Espejo was placed on care and maintenance in January 2023. Morococha and MARA were sold in September 2023 (Note 9).
For the year ended December 31, 2022
Segment/CountryOperationRevenueProduction costs and royaltiesDepreciationMine operating earnings (losses)
Capital expenditures(1)
Silver Segment:
MexicoLa Colorada$155.0 $98.7 $20.2 $36.1 $91.7 
PeruHuaron145.7 100.5 11.8 33.4 15.5 
Morococha (2)
22.1 20.6 2.3 (0.8)1.3 
BoliviaSan Vicente76.9 59.5 8.8 8.6 7.1 
Argentina
Manantial Espejo (2)
105.1 112.7 23.1 (30.7)4.3 
GuatemalaEscobal— — — — 1.6 
Total Silver Segment504.8 392.0 66.2 46.6 121.5 
Gold Segment:
MexicoDolores303.9 301.9 129.8 (127.8)35.8 
PeruShahuindo266.4 146.2 44.5 75.7 44.6 
La Arena175.9 103.9 34.7 37.3 48.0 
CanadaTimmins243.7 186.3 38.6 18.8 37.7 
Total Gold Segment989.9 738.3 247.6 4.0 166.1 
Other segment:
CanadaPas Corp— — 0.4 (0.4)0.3 
ArgentinaNavidad— — — — 0.1 
Other— — 1.8 (1.8)1.5 
Total$1,494.7 $1,130.3 $316.0 $48.4 $289.5 
(1)Includes payments for mineral properties, plant and equipment and payment of equipment leases.
(2)Morococha and Manantial Espejo were placed on care and maintenance in February 2022 and January 2023, respectively.
At December 31, 2023
Segment/CountryOperationAssetsLiabilitiesNet assets
Silver Segment:
MexicoLa Colorada$428.0 $43.8 $384.2 
PeruHuaron149.5 61.0 88.5 
BoliviaSan Vicente78.6 45.0 33.6 
Argentina
Manantial Espejo(1)
2.2 18.5 (16.3)
GuatemalaPas Guatemala290.0 16.4 273.6 
ArgentinaCerro Moro208.2 104.0 104.2 
Total Silver Segment1,156.5 288.7 867.8 
Gold Segment:
MexicoDolores372.5 141.7 230.8 
PeruShahuindo604.0 178.2 425.8 
La Arena383.7 156.6 227.1 
CanadaTimmins395.1 78.5 316.6 
BrazilJacobina2,508.2 437.5 2,070.7 
ChileEl Peñon776.0 205.6 570.4 
Minera Florida219.6 103.7 115.9 
Total Gold Segment5,259.1 1,301.8 3,957.3 
Other segment:
CanadaPas Corp134.1 24.3 109.8 
Yamana Corp304.3 725.9 (421.6)
ArgentinaNavidad192.1 14.3 177.8 
Other167.0 85.6 81.4 
Total$7,213.1 $2,440.6 $4,772.5 
(1)Manantial Espejo was placed on care and maintenance in January 2023.
At December 31, 2022
Segment/CountryOperationAssetsLiabilitiesNet assets
Silver Segment:
MexicoLa Colorada$375.4 $52.0 $323.4 
PeruHuaron122.5 51.5 71.0 
Morococha(1)
102.2 31.2 71.0 
BoliviaSan Vicente82.5 47.4 35.1 
Argentina
Manantial Espejo(1)
47.8 40.5 7.3 
GuatemalaEscobal291.1 19.4 271.7 
Total Silver Segment1,021.5 242.0 779.5 
Gold Segment:
MexicoDolores415.1 155.8 259.3 
PeruShahuindo602.4 199.6 402.8 
La Arena368.3 155.1 213.2 
CanadaTimmins382.0 68.0 314.0 
Total Gold Segment1,767.8 578.5 1,189.3 
Other segment:
CanadaPas Corp179.0 182.9 (3.9)
ArgentinaNavidad193.9 2.6 191.3 
Other86.3 40.9 45.4 
$3,248.5 $1,046.9 $2,201.6 
(1)Morococha and Manantial Espejo were placed on care and maintenance in February 2022 and January 2023, respectively.
Product Revenue20232022
Refined silver and gold$1,954.4 $1,106.8 
Zinc concentrate83.2 98.3 
Lead concentrate163.5 167.7 
Copper concentrate54.6 65.1 
Silver concentrate60.4 56.8 
Total$2,316.1 $1,494.7