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v3.19.3

OPERATING SEGMENT REPORTING (Tables) | 9 Months Ended
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Sep. 30, 2019
OPERATING SEGMENT REPORTING |
Schedule of the financial information relating to the Company's segments | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Three months ended September 30, 2019 |  | USA |  | Canada |  | Mexico |  | MSC |  | Los Azules |  | Total
Revenue from gold and silver sales | ​ | $ | 16,577 | ​ | $ | 11,147 | ​ | $ | 4,967 | ​ | $ | — | ​ | $ | — | ​ | $ | 32,691
Production costs applicable to sales | ​ | ​ | (12,156) | ​ | ​ | (7,550) | ​ | ​ | (3,878) | ​ | ​ | — | ​ | ​ | — | ​ |  | (23,584)
Depreciation and depletion | ​ | ​ | (3,790) | ​ | ​ | (3,589) | ​ | ​ | (109) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (7,488)
Gross profit | ​ | ​ | 631 | ​ | ​ | 8 | ​ | ​ | 980 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 1,619
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Advanced projects | ​ | ​ | (46) | ​ | ​ | (384) | ​ | ​ | (1,710) | ​ | ​ | — | ​ | ​ | — | ​ |  | (2,140)
Exploration | ​ | ​ | (4,253) | ​ | ​ | (8,691) | ​ | ​ | (2) | ​ | ​ | — | ​ | ​ | (749) | ​ | ​ | (13,695)
Loss from investment in Minera Santa Cruz S.A. | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (328) | ​ | ​ | — | ​ |  | (328)
Segment loss | ​ | $ | (3,668) | ​ | $ | (9,067) | ​ | $ | (732) | ​ | $ | (328) | ​ | $ | (749) | ​ | $ | (14,544)
General and Administrative and other | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 887
Loss before income and mining taxes | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | (13,657)
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Nine months ended September 30, 2019 |  | USA |  | ​ | Canada | ​ | ​ | Mexico | ​ | ​ | MSC |  | Los Azules |  | Total
Revenue from gold and silver sales | ​ | $ | 28,941 | ​ | $ | 36,139 | ​ | $ | 19,577 | ​ | $ | — | ​ | $ | — | ​ | $ | 84,657
Production costs applicable to sales | ​ | ​ | (20,798) | ​ | ​ | (24,025) | ​ | ​ | (14,609) | ​ | ​ | — | ​ | ​ | — | ​ |  | (59,432)
Depreciation and depletion | ​ | ​ | (6,510) | ​ | ​ | (10,520) | ​ | ​ | (471) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (17,501)
Gross profit | ​ | ​ | 1,633 | ​ | ​ | 1,594 | ​ | ​ | 4,497 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 7,724
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Advanced projects | ​ | ​ | (632) | ​ | ​ | (384) | ​ | ​ | (5,865) | ​ | ​ | — | ​ | ​ | — | ​ |  | (6,881)
Exploration | ​ | ​ | (6,155) | ​ | ​ | (15,174) | ​ | ​ | (2) | ​ | ​ | — | ​ | ​ | (2,386) | ​ |  | (23,717)
Loss from investment in Minera Santa Cruz S.A. | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (6,775) | ​ | ​ | — | ​ |  | (6,775)
Segment loss | ​ | $ | (5,154) | ​ | $ | (13,964) | ​ | $ | (1,370) | ​ | $ | (6,775) | ​ | $ | (2,386) | ​ | $ | (29,649)
General and Administrative and other | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | (7,541)
Loss before income and mining taxes | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | (37,190)
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Three months ended September 30, 2018 |  | USA |  | Canada |  | Mexico |  | MSC |  | Los Azules |  | Total
Revenue from gold and silver sales | ​ | $ | — | ​ | $ | 11,395 | ​ | $ | 15,501 | ​ | $ | — | ​ | $ | — | ​ | $ | 26,896
Production costs applicable to sales | ​ | ​ | — | ​ | ​ | (9,179) | ​ | ​ | (8,561) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (17,740)
Depreciation and depletion | ​ | ​ | — | ​ | ​ | (2,729) | ​ | ​ | (414) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (3,143)
Gross profit (loss) | ​ | ​ | — | ​ | ​ | (513) | ​ | ​ | 6,526 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 6,013
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Advanced projects | ​ | ​ | (2,538) | ​ | ​ | — | ​ | ​ | (2,692) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (5,230)
Exploration | ​ | ​ | (1,039) | ​ | ​ | (6,356) | ​ | ​ | (296) | ​ | ​ | — | ​ | ​ | (540) | ​ | ​ | (8,231)
Loss from investment in Minera Santa Cruz S.A. | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (4,973) | ​ | ​ | — | ​ | ​ | (4,973)
Segment (loss) income | ​ | $ | (3,577) | ​ | $ | (6,869) | ​ | $ | 3,538 | ​ | $ | (4,973) | ​ | $ | (540) | ​ | $ | (12,421)
General and Administrative and other | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | (2,482)
Loss before income and mining taxes | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | (14,903)
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Nine months ended September 30, 2018 |  | USA |  | Canada |  | Mexico |  | MSC |  | Los Azules |  | Total
Revenue from gold and silver sales | ​ | $ | — | ​ | $ | 46,444 | ​ | $ | 55,299 | ​ | $ | — | ​ | $ | — | ​ | $ | 101,743
Production costs applicable to sales | ​ | ​ | — | ​ | ​ | (31,711) | ​ | ​ | (30,367) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (62,078)
Depreciation and depletion | ​ | ​ | — | ​ | ​ | (8,513) | ​ | ​ | (1,819) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (10,332)
Gross profit | ​ | ​ | — | ​ | ​ | 6,220 | ​ | ​ | 23,113 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 29,333
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Advanced projects | ​ | ​ | (5,171) | ​ | ​ | — | ​ | ​ | (5,819) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (10,990)
Exploration | ​ | ​ | (4,190) | ​ | ​ | (17,523) | ​ | ​ | (1,596) | ​ | ​ | — | ​ | ​ | (6,406) | ​ | ​ | (29,715)
Loss from investment in Minera Santa Cruz S.A. | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (7,450) | ​ | ​ | — | ​ | ​ | (7,450)
Segment (loss) income | ​ | $ | (9,361) | ​ | $ | (11,303) | ​ | $ | 15,698 | ​ | $ | (7,450) | ​ | $ | (6,406) | ​ | $ | (18,822)
General and Administrative and other | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | (9,950)
Loss before income and mining taxes | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | (28,772)
Schedule Of Geographic Information | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Long-lived Assets | ​ | Revenue(1)
​ | ​ | September 30, | ​ | December 31, | ​ | Three months ended September 30, | ​ | ​ | Nine months ended September 30,
​ |  | 2019 |  | 2018 |  | 2019 |  | 2018 |  |  | 2019 | ​ | 2018
Canada | ​ | $ | 78,770 | ​ | $ | 84,119 | ​ | $ | 11,147 | ​ | $ | 11,395 | ​ | ​ | $ | 36,139 | ​ | $ | 46,444
Mexico | ​ | ​ | 25,671 | ​ | ​ | 26,524 | ​ | ​ | 4,967 | ​ | ​ | 15,501 | ​ | ​ | ​ | 19,577 | ​ | ​ | 55,299
USA | ​ | ​ | 137,400 | ​ | ​ | 127,617 | ​ | ​ | 16,577 | ​ | ​ | — | ​ | ​ | ​ | 28,941 | ​ | ​ | —
Argentina(2) | ​ | ​ | 308,484 | ​ | ​ | 319,305 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | ​ | — | ​ | ​ | —
Total consolidated | ​ | $ | 550,325 | ​ | $ | 557,565 | ​ | $ | 32,691 | ​ | $ | 26,896 | ​ | ​ | $ | 84,657 | ​ | $ | 101,743
(1) | Presented based on the location from which the product originated.
(2) | Includes Investment in MSC of $117.0 million as of September 30, 2019 (December 31, 2018 – $127.8 million).

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