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OPERATING SEGMENTS
 3 Months Ended
Mar. 31, 2023
Segment Reporting [Abstract]  
OPERATING SEGMENTS OPERATING SEGMENTS
The Company has four producing mines which represent the Company’s reportable and operating segments. The results of operating segments are reviewed by management to make decisions about resources to be allocated to the segments and to assess their performance.
The following tables provide a summary of financial information related to the Company's segments (in thousands):

Three Months Ended March 31, 2023
Çöpler
Marigold 
Seabee 
Puna
Corporate and other (1)
Total 
Revenue$110,513 $98,168 $32,093 $73,840 $— $314,614 
Cost of sales (2)
$74,646 $54,541 $23,265 $46,845 $— $199,297 
Depletion, depreciation, and amortization$22,651 $8,574 $8,987 $6,883 $— $47,095 
Exploration, evaluation, and reclamation costs$984 $3,768 $4,159 $1,837 $1,950 $12,698 
Operating income (loss)$11,496 $31,284 $(4,318)$18,223 $(19,700)$36,985 
Capital expenditures$10,069 $29,592 $8,445 $2,577 $— $50,683 
Total assets as of March 31, 2023
$3,278,695 $697,817 $585,557 $326,660 $346,074 $5,234,803 
(1) Corporate and other consists of business activities that are not included within the reportable segments and provided for reconciliation purposes.

(2) Excludes depreciation, depletion, and amortization.

Three Months Ended March 31, 2022
Çöpler
Marigold 
Seabee 
Puna
Corporate and other (1)
Total 
Revenue$137,407 $68,893 $90,857 $58,289 $— $355,446 
Cost of sales (2)
$62,584 $38,735 $16,410 $35,791 $— $153,520 
Depletion, depreciation, and amortization$30,513 $6,888 $15,379 $5,962 $— $58,742 
Exploration, evaluation, and reclamation costs$1,088 $3,841 $2,374 $481 $2,074 $9,858 
Operating income (loss)$42,498 $19,428 $56,691 $15,906 $(18,653)$115,870 
Capital expenditures$6,870 $18,235 $12,914 $2,213 $— $40,232 
Total assets as of March 31, 2022
$2,971,752 $606,007 $524,023 $326,389 $784,492 $5,212,663 
(1) Corporate and other consists of business activities that are not included within the reportable segments and provided for reconciliation purposes. During the first quarter of 2023, the Company determined it has four reportable segments: Çöpler, Marigold, Seabee and Puna. The exploration, evaluation and development properties are no longer considered a reportable segment and the portfolio of prospective exploration
tenures, near or adjacent to the existing operations (near-mine) are included in the respective reportable segment and the greenfield standalone prospects are included in Corporate and other.
(2) Excludes depreciation, depletion, and amortization.

Geographic Area

The following are non-current assets, excluding Goodwill, Restricted cash and Deferred income taxes, by location as of March 31, 2023 and December 31, 2022 (in thousands):

March 31, 2023December 31, 2022
Türkiye $3,054,035 $3,064,482 
Canada 322,516 311,937 
United States 340,851 321,423 
Argentina 122,401 127,661 
Mexico 503 536 
Peru 488 482 
Total
$3,840,794 $3,826,521 

The following is revenue information by geographic area based on the location for the three months ended March 31, 2023 and 2022 (in thousands):

Three Months Ended March 31,
20232022
Türkiye $110,513 $137,407 
Canada 32,093 90,857 
United States 98,168 68,893 
Argentina 73,840 58,289 
Total
$314,614 $355,446