XML 47 R30.htm IDEA: XBRL DOCUMENT v2.4.1.9

INVESTMENT IN MINERA SANTA CRUZ S.A. ("MSC") - SAN JOSE MINE (Tables)

12 Months Ended

Dec. 31, 2014

INVESTMENT IN MINERA SANTA CRUZ S.A. ("MSC") - SAN JOSE MINE

Summary of MSC's financial information from operations

		For the year ended December 31,
								For the period ended December 31, 2012
		2014			2013
		(in thousands)
Minera Santa Cruz S.A. (100%)
Net sales		$	213,013		$	240,723		$	290,848
Production costs applicable to sales			(173,274	)		(190,281	)		(155,915	)
(Loss) income from operations before extraordinary items			(5,300	)		4,338			51,634
Net (loss) income			(5,300	)		4,338			51,634
Portion attributable to McEwen Mining Inc. (49%)
Net (loss) income		$	(2,597	)	$	2,126		$	25,301
Amortization of fair value increments			(13,190	)		(18,425	)		(22,682	)
Income tax recovery			10,503			17,145			18,217
​	​	​	​	​	​	​	​	​	​	​
(Loss) income from investment in MSC, net of amortization		$	(5,284	)	$	846		$	20,835
​	​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​	​	​

Schedule of change in the entity's investment in MSC

		2014			2013
		(in thousands)
Investment in MSC, beginning balance		$	212,947		$	273,948
Attributable net (loss) income from MSC			(2,597	)		2,126
Amortization of fair value increments			(13,190	)		(18,425	)
Income tax recovery			10,503			17,145
Dividend distribution received			(9,483	)		(1,826	)
Impairment of investment in MSC			(21,162	)		(95,878	)
Contribution of Santa Cruz exploration properties, net of tax			—			35,857
​	​	​	​	​	​	​	​
Investment in MSC, ending balance		$	177,018		$	212,947
​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​

X

- Definition

Tabular disclosure of MSC's financial information from operations.

+ References

No definition available.

+ Details

Name:	mux_EquityMethodInvestmentSummarizedFinancialInformationIncomeStatementTableTextBlock
Namespace Prefix:	mux_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 323

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6382943&loc=d3e33918-111571

+ Details

Name:	us-gaap_EquityMethodInvestmentsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration