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BUSINESS ACQUISITION (Tables)
12 Months Ended
Dec. 31, 2014
BUSINESS ACQUISITION  
Schedule of allocation of the purchase price

 

                                                                                                                                                                                    

 

 

 

 

 

 

(in thousands)

 

Purchase price:

 

 

 

 

Exchangeable shares of McEwen Mining-Minera Andes Acquisition Corp. 

 

$

664,671

 

Stock options of McEwen Mining Inc. 

 

 

3,175

 

​  

​  

 

 

$

667,846

 

​  

​  

​  

​  

​  

Net assets acquired:

 

 

 

 

Cash and cash equivalents

 

$

31,385

 

Short-term investments

 

 

4,952

 

Other current assets

 

 

9,828

 

Inventories

 

 

1,362

 

Mineral property interests

 

 

539,092

 

Investment in Minera Santa Cruz S.A. 

 

 

262,883

 

Equipment

 

 

1,647

 

Accounts payable

 

 

(5,323

)

Deferred income tax liability

 

 

(177,980

)

​  

​  

 

 

$

667,846

 

​  

​  

​  

​  

​