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OPERATING SEGMENTS (Tables)
6 Months Ended
Jun. 30, 2023
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following tables provide a summary of financial information related to the Company's segments (in thousands):

Three Months Ended June 30, 2023
Çöpler
Marigold 
Seabee 
Puna
Corporate and other (1)
Total 
Revenue$97,856 $117,806 $30,058 $55,306 $— $301,026 
Cost of sales (2)
$54,949 $63,965 $18,272 $33,454 $— $170,640 
Depletion, depreciation, and amortization$20,099 $9,982 $8,360 $6,200 $— $44,641 
Exploration, evaluation, and reclamation costs$1,738 $3,807 $5,565 $3,064 $1,974 $16,148 
Operating income (loss)$19,744 $40,053 $(2,139)$12,552 $(17,281)$52,929 
Capital expenditures$13,719 $33,677 $12,027 $1,901 $— $61,324 
Total assets as of June 30, 2023
$3,261,738 $730,579 $521,586 $314,706 $910,870 $5,739,479 
(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 June 30, 2022
Çöpler
Marigold 
Seabee 
Puna
Corporate and other (1)
Total 
Revenue$108,743 $85,425 $79,110 $46,305 $— $319,583 
Cost of sales (2)
$63,095 $50,422 $19,015 $32,396 $— $164,928 
Depletion, depreciation, and amortization$27,081 $8,395 $14,370 $4,002 $— $53,848 
Exploration, evaluation, and reclamation costs$749 $4,046 $2,972 $2,131 $1,346 $11,244 
Operating income (loss)$17,087 $22,562 $42,745 $7,764 $(20,063)$70,095 
Capital expenditures$3,915 $15,331 $8,852 $2,262 $— $30,360 
Total assets as of June 30, 2022
$2,951,865 $635,283 $583,523 $302,530 $694,750 $5,167,951 

(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.
Six Months Ended June 30, 2023
Çöpler
Marigold 
Seabee 
Puna
Corporate and other (1) 
Total 
Revenue$208,369 $215,974 $62,151 $129,146 $— $615,640 
Cost of sales (2)
$129,595 $118,506 $41,537 $80,299 $— $369,937 
Depletion, depreciation, and amortization$42,750 $18,556 $17,347 $13,083 $— $91,736 
Exploration, evaluation, and reclamation costs$2,722 $7,575 $9,724 $4,901 $3,924 $28,846 
Operating income (loss)$31,240 $71,337 $(6,457)$30,775 $(36,981)$89,914 
Capital expenditures$23,788 $63,269 $20,472 $4,478 $— $112,007 
Total assets as of June 30, 2023
$3,261,738 $730,579 $521,586 $314,706 $910,870 $5,739,479 
(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.

Six Months Ended June 30, 2022
Çöpler
Marigold 
Seabee 
Puna
Corporate and other (1) 
Total 
Revenue$246,150 $154,318 $169,967 $104,594 $— $675,029 
Cost of sales (2)
$125,679 $89,157 $35,425 $68,187 $— $318,448 
Depletion, depreciation, and amortization$57,594 $15,283 $29,749 $9,964 $— $112,590 
Exploration, evaluation, and reclamation costs$1,837 $7,887 $5,346 $2,612 $3,420 $21,102 
Operating income (loss)$59,585 $41,990 $99,436 $23,670 $(38,716)$185,965 
Capital expenditures$10,786 $33,566 $21,766 $4,475 $— $70,593 
Total assets as of June 30, 2022
$2,951,865 $635,283 $583,523 $302,530 $694,750 $5,167,951 

(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.
Schedule of Disclosure on Geographic Areas, Long-Lived Assets in Individual Foreign Countries by Country
The following are non-current assets, excluding Goodwill, Restricted cash and Deferred income taxes, by location as of June 30, 2023 and December 31, 2022 (in thousands):

June 30, 2023December 31, 2022
Türkiye $3,725,669 $3,064,482 
Canada 324,684 311,937 
United States 363,428 321,423 
Argentina 119,556 127,661 
Mexico 495 536 
Peru 481 482 
Total
$4,534,313 $3,826,521 
Schedule of Revenue from External Customers by Geographic Areas
The following is revenue information by geographic area based on the location for the three and six months ended June 30 (in thousands):

Three Months Ended June 30,Six Months Ended June 30,
2023202220232022
Türkiye $97,856 $108,743 $208,369 $246,150 
Canada 30,058 79,110 62,151 169,967 
United States 117,806 85,425 215,974 154,318 
Argentina 55,306 46,305 129,146 104,594 
Total
$301,026 $319,583 $615,640 $675,029