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OPERATING SEGMENT REPORTING
12 Months Ended
Dec. 31, 2012
OPERATING SEGMENT REPORTING  
OPERATING SEGMENT REPORTING

NOTE 17 OPERATING SEGMENT REPORTING

        McEwen Mining is a mining and minerals exploration company focused on precious metals in Argentina, Mexico and the United States. The Company identifies its reportable segments as those consolidated operations that are currently engaged in the exploration for and production of precious metals. Operations not actively engaged in the exploration for, or production of precious metals, are aggregated at the corporate level for segment reporting purposes.

 
  For the year ended December 31, 2012  
 
  Argentina   Mexico   U.S.   Corporate &
Other
  Total  
 
   
   
  (in thousands)
   
   
 

Gold and silver sales

  $   $ 5,966   $   $   $ 5,966  

Income on investment in Minera Santa Cruz S.A. (net of amortization)

    20,835                 20,835  

Production costs applicable to sales

        3,861             3,861  

Mine operating costs

        8,507             8,507  

Mine construction costs

        14,260             14,260  

Exploration costs

    25,091     15,918     5,060     1,110     47,179  

Operating loss

    (8,156 )   (43,417 )   (25,144 )   (14,688 )   (91,405 )

As at December 31, 2012

                               

Investment in Minera Santa Cruz S.A. 

    273,948                 273,948  

Mineral property interests

    539,092     12,707     215,268         767,067  

Total assets

    825,047     47,359     220,148     58,383     1,150,937  


 

 
  For the year ended December 31, 2011  
 
  Argentina   Mexico   U.S.   Corporate &
Other
  Total  
 
   
   
  (in thousands)
   
   
 

Mine construction costs

  $   $ 1,745   $   $   $ 1,745  

Exploration costs

        29,160     12,825     998     42,983  

Operating loss

        (35,867 )   (15,412 )   (8,906 )   (60,185 )

As at December 31, 2011

                               

Mineral property interests

        12,750     232,704         245,454  

Total assets

        33,899     238,402     38,054     310,355  


 

 
  For the year ended December 31, 2010  
 
  Argentina   Mexico   U.S.   Corporate &
Other
  Total  
 
   
   
  (in thousands)
   
   
 

Exploration costs

  $   $ 11,467   $ 6,975   $ 768   $ 19,210  

Operating loss

        (13,127 )   (17,240 )   (5,416 )   (35,783 )