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OPERATING SEGMENT REPORTING (Tables) | 12 Months Ended
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Dec. 31, 2018
OPERATING SEGMENT REPORTING |
Schedule of the financial information relating to the Company's segments |
Year ended December 31, 2018 |  | Mexico |  | MSC |  | Los Azules |  | USA |  |  | Canada |  | Total
Gold and silver sales |  | $ | 66,151 |  | $ | — |  | $ | — |  | $ | — |  | $ | 62,024 |  | $ | 128,175
Other revenue |  |  | — |  |  | — |  |  | — |  |  | 30 |  |  | 617 |  |  | 647
Production costs applicable to sales |  |  | (37,429) |  |  | — |  |  | — |  |  | — |  |  | (55,900) |  |  | (93,329)
Mine development costs |  |  | (3,667) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (3,667)
Exploration costs |  |  | (2,241) |  |  | — |  |  | (6,015) |  |  | (5,174) |  |  | (21,372) |  |  | (34,802)
Property holding costs |  |  | (2,264) |  |  | — |  |  | (68) |  |  | (1,397) |  |  | (167) |  |  | (3,896)
General and administrative costs |  |  | (3,770) |  |  | — |  |  | (1,046) |  |  | (6,562) |  |  | (665) |  |  | (12,043)
(Loss) from investment in Minera Santa Cruz S.A. (net of amortization) |  |  | — |  |  | (11,865) |  |  | — |  |  | — |  |  | — |  |  | (11,865)
Segment (loss) income |  | $ | 16,780 |  | $ | (11,865) |  | $ | (7,129) |  | $ | (13,103) |  | $ | (15,463) |  | $ | (30,780)
Corporate and other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
General and administrative costs |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (11,120)
Depreciation |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (1,178)
Revision of estimates and accretion of reclamation obligations |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (3,464)
Interest and other expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (1,619)
Gain on sale of assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (77)
(Loss) gain on investments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (3,324)
Foreign currency gain |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3,922
Net (loss) before income and mining taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (47,640)
Schedule Of Geographic Information |
Year ended December 31, 2017 |  | Mexico |  | MSC |  | Los Azules |  | USA |  | Canada |  | Total
Gold and silver sales |  | $ | 55,845 |  | $ | — |  | $ | — |  | $ | — |  | $ | 11,620 |  | $ | 67,465
Other revenue |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 259 |  |  | 259
Production costs applicable to sales |  |  | (35,292) |  |  | — |  |  | — |  |  | — |  |  | (9,888) |  |  | (45,180)
Mine development costs |  |  | (745) |  |  | — |  |  | — |  |  | (3,092) |  |  | — |  |  | (3,837)
Exploration costs |  |  | (5,610) |  |  | — |  |  | (7,923) |  |  | (2,132) |  |  | (1,544) |  |  | (17,209)
Property holding costs |  |  | (2,131) |  |  | — |  |  | (56) |  |  | (1,667) |  |  | (25) |  |  | (3,879)
Impairment of mineral property interests and property and equipment |  |  | (711) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (711)
General and administrative costs |  |  | (3,772) |  |  | — |  |  | (1,242) |  |  | (1,927) |  |  | (92) |  |  | (7,033)
(Loss) from investment in Minera Santa Cruz S.A. (net of amortization) |  |  | — |  |  | (44) |  |  | — |  |  | — |  |  | — |  |  | (44)
Segment income (loss) |  | $ | 7,584 |  | $ | (44) |  | $ | (9,221) |  | $ | (8,818) |  | $ | 330 |  | $ | (10,169)
Corporate and other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other exploration costs |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (505)
General and administrative costs |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (11,839)
Depreciation |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (1,453)
Revision of estimates and accretion of reclamation obligations |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (2,061)
Interest and other income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (938)
Gain on sale of assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 11
(Loss) gain on investments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 257
Foreign currency gain |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 694
Net (loss) before income and mining taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (26,003)
Year ended December 31, 2016 |  | Mexico |  | MSC |  | Los Azules |  | USA |  | Canada |  | Total
Gold and silver sales |  | $ | 60,388 |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 60,388
Production costs applicable to sales |  |  | (28,133) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (28,133)
Mine development costs |  |  | (1,174) |  |  | — |  |  | — |  |  | (2,692) |  |  | — |  |  | (3,866)
Exploration costs |  |  | (4,100) |  |  | — |  |  | (1,649) |  |  | (1,973) |  |  | — |  |  | (7,722)
Property holding costs |  |  | (1,642) |  |  | — |  |  | (405) |  |  | (1,489) |  |  | — |  |  | (3,536)
General and administrative costs |  |  | (2,688) |  |  | — |  |  | (646) |  |  | (228) |  |  | — |  |  | (3,562)
Income from investment in Minera Santa Cruz S.A. (net of amortization) |  |  | — |  |  | 12,951 |  |  | — |  |  | — |  |  | — |  |  | 12,951
Segment income (loss) |  | $ | 22,651 |  | $ | 12,951 |  | $ | (2,700) |  |  | (6,382) |  | $ | — |  | $ | 26,520
Corporate and other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other exploration costs |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (237)
General and administrative costs |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (9,172)
Depreciation |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (1,169)
Revision of estimates and accretion of reclamation obligations |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (595)
Interest and other income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 835
Gain on sale of assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 24
(Loss) gain on investments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 519
Foreign currency gain |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 581
Net income before income and mining taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 17,306
Geographic information Geographic information includes the long-lived assets balance and revenues presented for the Company’s operating segments.
|  | Long-lived Assets |  | Revenue(1)
|  | Year ended December 31, |  | Year ended December 31,
|  | 2018 |  | 2017 |  | 2018 |  | 2017 |  | 2016
Canada |  | $ | 84,119 |  | $ | 85,179 |  | $ | 62,641 |  | $ | 11,879 |  | $ | —
Mexico |  |  | 26,524 |  |  | 35,446 |  |  | 66,151 |  |  | 55,845 |  |  | 60,388
USA |  |  | 127,617 |  |  | 43,086 |  |  | 30 |  |  | — |  |  | —
Argentina(2) |  |  | 319,305 |  |  | 341,554 |  |  | — |  |  | — |  |  | —
Total consolidated |  | $ | 557,565 |  | $ | 505,265 |  | $ | 128,822 |  | $ | 67,724 |  | $ | 60,388
| (1) |  | Presented based on the location from which the product originated.
| (2) |  | Includes Investment in MSC of $127.8 million as of December 31, 2018 (December 31, 2017 - $151.0 million).
Schedule Of Property and Equipment and Mineral Property Interests, net of dispositions |
|  | Capital Expenditures
|  | Year ended December 31,
|  | 2018 |  | 2017 |  | 2016
Mexico |  | $ | (3,107) |  | $ | 939 |  | $ | 5,401
Los Azules |  |  | — |  |  | — |  |  | —
Canada |  |  | (1,110) |  |  | 4,301 |  |  | —
USA |  |  | 83,613 |  |  | 6,271 |  |  | 764
Consolidated total for capital expenditures |  | $ | 79,396 |  | $ | 11,511 |  | $ | 6,165

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