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Segmented Information (Tables)
12 Months Ended
Dec. 31, 2024
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, 2024
Segment/CountryOperationRevenueProduction costs and royaltiesDepreciationMine operating earnings (losses)
Capital expenditures(1)
Silver Segment:
MexicoLa Colorada$161.2 $118.5 $18.2 $24.5 $55.0 
PeruHuaron172.5 110.6 17.3 44.6 56.5 
BoliviaSan Vicente96.3 64.1 7.7 24.5 5.0 
ArgentinaCerro Moro241.4 196.7 35.5 9.2 12.2 
GuatemalaEscobal    0.9 
Total Silver Segment671.4 489.9 78.7 102.8 129.6 
Gold Segment:
MexicoDolores228.9 185.8 134.7 (91.6)0.7 
PeruShahuindo335.0 141.4 50.0 143.6 45.5 
La Arena (2)
192.7 112.0 34.1 46.6 17.1 
CanadaTimmins293.4 205.1 32.8 55.5 51.6 
BrazilJacobina477.7 192.3 120.8 164.6 64.3 
ChileEl Peñon397.7 217.2 75.1 105.4 36.9 
Minera Florida222.1 155.0 35.2 31.9 21.7 
Total Gold Segment2,147.5 1,208.8 482.7 456.0 237.8 
Other segment:
CanadaCorporate  8.6 (8.6)5.2 
Other  1.7 (1.7)1.0 
Total$2,818.9 $1,698.7 $571.7 $548.5 $373.6 
(1)Includes payments for mineral properties, plant and equipment and payment of equipment leases.
(2)La Arena was sold on December 2, 2024.
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:
CanadaCorporate0.2 — 6.2 (6.0)6.0 
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.
At December 31, 2024
Segment/CountryOperationAssetsLiabilitiesNet assets
Silver Segment:
MexicoLa Colorada$470.8 $52.7 $418.1 
PeruHuaron231.5 96.3 135.2 
BoliviaSan Vicente125.0 64.5 60.5 
Argentina
Manantial Espejo(1)
2.1 26.4 (24.3)
GuatemalaEscobal296.1 18.5 277.6 
ArgentinaCerro Moro225.9 112.3 113.6 
Total Silver Segment1,351.4 370.7 980.7 
Gold Segment:
MexicoDolores193.4 169.6 23.8 
PeruShahuindo625.9 211.6 414.3 
CanadaTimmins418.1 84.4 333.7 
BrazilJacobina2,436.5 444.2 1,992.3 
ChileEl Peñon732.2 198.5 533.7 
Minera Florida242.4 122.2 120.2 
Total Gold Segment4,648.5 1,230.5 3,418.0 
Other segment:
CanadaCorporate820.0 789.9 30.1 
ArgentinaNavidad192.6 13.3 179.3 
Other190.2 81.7 108.5 
Total$7,202.7 $2,486.1 $4,716.6 
(1)Manantial Espejo was placed on care and maintenance in January 2023.
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)
Cerro Moro208.2 104.0 104.2 
GuatemalaEscobal290.0 16.4 273.6 
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:
CanadaCorporate438.4 750.2 (311.8)
ArgentinaNavidad192.1 14.3 177.8 
Other167.0 85.6 81.4 
$7,213.1 $2,440.6 $4,772.5 
(1)Manantial Espejo was placed on care and maintenance in January 2023.
Product Revenue20242023
Refined silver and gold$2,369.1 $1,954.4 
Zinc concentrate101.3 83.2 
Lead concentrate201.8 163.5 
Copper concentrate71.7 54.6 
Silver concentrate75.0 60.4 
Total$2,818.9 $2,316.1