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v3.19.1

OPERATING SEGMENT REPORTING (Tables) | 3 Months Ended
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Mar. 31, 2019
OPERATING SEGMENT REPORTING |
Schedule of the financial information relating to the Company's segments | Significant information relating to the Company’s reportable operating segments is summarized in the tables below:
Three months ended March 31, 2019 |  | Mexico |  | MSC |  | Los Azules |  | USA |  |  | Canada |  | Total
Gold and silver sales |  | $ | 5,798 |  | $ | — |  | $ | — |  | $ | 842 |  | $ | 8,943 |  | $ | 15,583
Other revenue |  |  | — |  |  | — |  |  | — |  |  | 57 |  |  | — |  |  | 57
Production costs applicable to sales |  |  | (3,925) |  |  | — |  |  | — |  |  | (748) |  |  | (8,495) |  |  | (13,168)
Mine development costs |  |  | (776) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (776)
Exploration costs |  |  | — |  |  | — |  |  | (913) |  |  | (484) |  |  | (2,392) |  |  | (3,789)
Property holding costs |  |  | (1,197) |  |  | — |  |  | (20) |  |  | (341) |  |  | (50) |  |  | (1,608)
General and administrative costs |  |  | (1,202) |  |  | — |  |  | (184) |  |  | (195) |  |  | (28) |  |  | (1,609)
Loss from investment in Minera Santa Cruz S.A. (net of amortization) |  |  | — |  |  | (2,310) |  |  | — |  |  | — |  |  | — |  |  | (2,310)
Segment loss |  | $ | (1,302) |  | $ | (2,310) |  | $ | (1,117) |  | $ | (869) |  | $ | (2,022) |  | $ | (7,620)
Corporate and other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
General and administrative costs |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (2,262)
Depreciation |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (152)
Revision of estimates and accretion of reclamation obligations |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (461)
Interest and other expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (513)
Gain on investments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 827
Foreign currency gain |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 163
Net loss before income and mining taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (10,018)
Three months ended March 31, 2018 |  | Mexico |  | MSC |  | Los Azules |  | USA |  | Canada |  | Total
Gold and silver sales |  | $ | 25,417 |  | $ | — |  | $ | — |  | $ | — |  | $ | 15,624 |  | $ | 41,041
Other revenue |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 244 |  |  | 244
Production costs applicable to sales |  |  | (13,608) |  |  | — |  |  | — |  |  | — |  |  | (12,786) |  |  | (26,394)
Mine development costs |  |  | (380) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (380)
Exploration costs |  |  | (971) |  |  | — |  |  | (3,207) |  |  | (2,000) |  |  | (5,276) |  |  | (11,454)
Property holding costs |  |  | (1,149) |  |  | — |  |  | (40) |  |  | (179) |  |  | (43) |  |  | (1,411)
General and administrative costs |  |  | (829) |  |  | — |  |  | (278) |  |  | (863) |  |  | (88) |  |  | (2,058)
Loss from investment in Minera Santa Cruz S.A. (net of amortization) |  |  | — |  |  | (212) |  |  | — |  |  | — |  |  | — |  |  | (212)
Segment income (loss) |  | $ | 8,480 |  | $ | (212) |  | $ | (3,525) |  | $ | (3,042) |  | $ | (2,325) |  | $ | (624)
Corporate and other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
General and administrative costs |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (3,129)
Depreciation |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (360)
Revision of estimates and accretion of reclamation obligations |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (294)
Interest and other expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (134)
Loss on investments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (2,735)
Foreign currency gain |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 927
Net loss before income and mining taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (6,349)
Schedule Of Geographic Information |
Three months ended March 31, 2018 |  | Mexico |  | MSC |  | Los Azules |  | USA |  | Canada |  | Total
Gold and silver sales |  | $ | 25,417 |  | $ | — |  | $ | — |  | $ | — |  | $ | 15,624 |  | $ | 41,041
Other revenue |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 244 |  |  | 244
Production costs applicable to sales |  |  | (13,608) |  |  | — |  |  | — |  |  | — |  |  | (12,786) |  |  | (26,394)
Mine development costs |  |  | (380) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (380)
Exploration costs |  |  | (971) |  |  | — |  |  | (3,207) |  |  | (2,000) |  |  | (5,276) |  |  | (11,454)
Property holding costs |  |  | (1,149) |  |  | — |  |  | (40) |  |  | (179) |  |  | (43) |  |  | (1,411)
General and administrative costs |  |  | (829) |  |  | — |  |  | (278) |  |  | (863) |  |  | (88) |  |  | (2,058)
Loss from investment in Minera Santa Cruz S.A. (net of amortization) |  |  | — |  |  | (212) |  |  | — |  |  | — |  |  | — |  |  | (212)
Segment income (loss) |  | $ | 8,480 |  | $ | (212) |  | $ | (3,525) |  | $ | (3,042) |  | $ | (2,325) |  | $ | (624)
Corporate and other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
General and administrative costs |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (3,129)
Depreciation |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (360)
Revision of estimates and accretion of reclamation obligations |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (294)
Interest and other expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (134)
Loss on investments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (2,735)
Foreign currency gain |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 927
Net loss before income and mining taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (6,349)
Geographic information Geographic information includes the long-lived assets balance and revenues presented for the company’s operating segments, as follows:
|  | Long-lived Assets |  | Revenue(1)
|  | March 31, |  | December 31, |  | Three months ended March 31,
|  | 2019 |  | 2018 |  | 2019 |  | 2018
Canada |  | $ | 83,798 |  | $ | 84,119 |  | $ | 8,943 |  | $ | 15,868
Mexico |  |  | 25,873 |  |  | 26,524 |  |  | 5,798 |  |  | 25,417
USA |  |  | 138,670 |  |  | 127,617 |  |  | 899 |  |  | —
Argentina(2) |  |  | 314,975 |  |  | 319,305 |  |  | — |  |  | —
Total consolidated |  | $ | 563,316 |  | $ | 557,565 |  | $ | 15,640 |  | $ | 41,285
| (1) |  | Presented based on the location from which the product originated.
Includes Investment in MSC of $1 23.5 million as of March 31, 2019 (December 31, 2018 – $127.8 million).

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- Definition Tabular disclosure of long-lived assets, excluding financial instruments, long-term customer relationships of a financial institution, mortgage rights, deferred policy acquisition costs, and deferred tax assets, by geographic areas located in the entity's country of domicile and foreign countries in which the entity holds assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Subparagraph b -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e9038-108599 + Details
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