XML 35 R13.htm IDEA: XBRL DOCUMENT
v3.10.0.1

PLANT AND EQUIPMENT AND CONSTRUCTION IN PROGRESS | 12 Months Ended
--- | ---
Dec. 31, 2018
PLANT AND EQUIPMENT AND CONSTRUCTION IN PROGRESS |
PLANT AND EQUIPMENT AND CONSTRUCTION IN PROGRESS | NOTE 6 PLANT AND EQUIPMENT AND CONSTRUCTION IN PROGRESS As of December 31, 2018 and 2017, property and equipment consisted of the following:
|  | December 31, 2018 |  | December 31, 2017
Land |  | $ | 8,699 |  | $ | 8,699
Plant and equipment |  |  | 49,578 |  |  | 43,257
Construction-in-progress |  |  | 74,643 |  |  | 8,178
Subtotal |  | $ | 132,920 |  | $ | 60,134
Less: accumulated depreciation |  |  | (18,186) |  |  | (9,088)
|  | $ | 114,734 |  | $ | 51,046
Construction-in-progress included the following costs:
|  | December 31, 2018 |  | December 31, 2017
Gold Bar project |  | $ | 72,425 |  | $ | 6,011
Black Fox mine |  |  | 118 |  |  | 67
Fenix project |  |  | 2,100 |  |  | 2,100
|  | $ | 74,643 |  | $ | 8,178
The Gold Bar project construction-in-progress includes development expenditures incurred for the construction of the mine to date. These include expenditures for the construction of the heap leach, ADR, and crusher and expenditures for mobilization, design and engineering, and earthwork, among others. Construction-in-progress includes $0.8 million of interest costs incurred on a term loan that were capitalized for the year ended December 31, 2018. The Fenix Project construction-in-progress includes certain equipment which has not been delivered to site. In 2017, an impairment charge of $0.7 million was recorded against this equipment to reflect the decline in fair value. It is uncertain if and when this equipment can be utilized in current operations. In the second quarter of 2016, the Company reached an agreement with an equipment supplier, whereby the Company was refunded its deposit less costs incurred. The total amount of the deposit was $1.5 million, of which $1.0 million was refunded. The remaining $0.5 million was recorded under development costs in the Consolidated Statements of Operations and Comprehensive (Loss) Income for 2016.

X
- References No definition available. + Details
Name: | mux_PlantAndEquipmentMineDevelopmentAndConstructionInProgressAbstract
Namespace Prefix: | mux_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition he entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures. In addition, the disclosure for mine development and construction in progress. + References No definition available. + Details
Name: | mux_PlantAndEquipmentMineDevelopmentAndConstructionInProgressDisclosureTextBlock
Namespace Prefix: | mux_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration