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v3.20.2

OPERATING SEGMENT REPORTING (Tables) | 6 Months Ended
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Jun. 30, 2020
OPERATING SEGMENT REPORTING |
Schedule of the financial information relating to the Company's segments | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Three months ended June 30, 2020 |  | USA |  | Canada |  | Mexico |  | MSC |  | Los Azules |  | Total
Revenue from gold and silver sales | ​ | $ | 10,770 | ​ | $ | 4,166 | ​ | $ | 3,355 | ​ | $ | — | ​ | $ | — | ​ | $ | 18,291
Production costs applicable to sales | ​ | ​ | (11,039) | ​ | ​ | (8,150) | ​ | ​ | (3,165) | ​ | ​ | — | ​ | ​ | — | ​ |  | (22,354)
Depreciation and depletion | ​ | ​ | (2,565) | ​ | ​ | (2,184) | ​ | ​ | (63) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (4,812)
Gross (loss) profit | ​ | ​ | (2,834) | ​ | ​ | (6,168) | ​ | ​ | 127 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (8,875)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Advanced projects | ​ | ​ | (183) | ​ | ​ | (1,760) | ​ | ​ | (944) | ​ | ​ | — | ​ | ​ | — | ​ |  | (2,887)
Exploration | ​ | ​ | (2,031) | ​ | ​ | (840) | ​ | ​ | (36) | ​ | ​ | — | ​ | ​ | (641) | ​ | ​ | (3,548)
Loss from investment in Minera Santa Cruz S.A. | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (1,045) | ​ | ​ | — | ​ |  | (1,045)
Other operating | ​ | ​ | (1,390) | ​ | ​ | (578) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (1,968)
Segment loss | ​ | $ | (6,438) | ​ | $ | (9,346) | ​ | $ | (853) | ​ | $ | (1,045) | ​ | $ | (641) | ​ | $ | (18,323)
General and Administrative and other | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | (1,521)
Loss before income and mining taxes | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | (19,844)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Capital expenditures | ​ | $ | 2,799 | ​ | ​ | 211 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | $ | 3,010
​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Six months ended June 30, 2020 |  | USA |  | ​ | Canada | ​ | Mexico | ​ | MSC |  | Los Azules |  | Total
Revenue from gold and silver sales | ​ | $ | 25,088 | ​ | $ | 16,905 | ​ | $ | 7,698 | ​ | $ | — | ​ | $ | — | ​ | $ | 49,691
Production costs applicable to sales | ​ | ​ | (28,071) | ​ | ​ | (15,357) | ​ | ​ | (7,313) | ​ | ​ | — | ​ | ​ | — | ​ |  | (50,741)
Depreciation and depletion | ​ | ​ | (6,428) | ​ | ​ | (4,932) | ​ | ​ | (150) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (11,510)
Gross (loss) profit | ​ | ​ | (9,411) | ​ | ​ | (3,384) | ​ | ​ | 235 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (12,560)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Advanced projects | ​ | ​ | (548) | ​ | ​ | (2,826) | ​ | ​ | (2,063) | ​ | ​ | — | ​ | ​ | — | ​ |  | (5,437)
Exploration | ​ | ​ | (2,840) | ​ | ​ | (3,245) | ​ | ​ | (36) | ​ | ​ | — | ​ | ​ | (1,217) | ​ |  | (7,338)
Impairment of mineral property interests and plant and equipment (note 9) | ​ | ​ | (83,805) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (83,805)
Loss from investment in Minera Santa Cruz S.A. | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (3,721) | ​ | ​ | — | ​ |  | (3,721)
Other operating | ​ | ​ | (1,390) | ​ | ​ | (578) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (1,968)
Segment loss | ​ | $ | (97,994) | ​ | $ | (10,033) | ​ | $ | (1,864) | ​ | $ | (3,721) | ​ | $ | (1,217) | ​ | $ | (114,829)
General and Administrative and other | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | (5,300)
Loss before income and mining taxes | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | (120,129)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Capital expenditures | ​ | $ | 4,606 | ​ | $ | 3,940 | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | 8,546
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Three months ended June 30, 2019 |  | USA |  | Canada |  | Mexico |  | MSC |  | Los Azules |  | Total
Revenue from gold and silver sales | ​ | $ | 11,522 | ​ | $ | 16,049 | ​ | $ | 8,812 | ​ | $ | — | ​ | $ | — | ​ | $ | 36,383
Production costs applicable to sales | ​ | ​ | (7,835) | ​ | ​ | (10,639) | ​ | ​ | (6,225) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (24,699)
Depreciation and depletion | ​ | ​ | (2,568) | ​ | ​ | (4,221) | ​ | ​ | (218) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (7,007)
Gross profit | ​ | ​ | 1,119 | ​ | ​ | 1,189 | ​ | ​ | 2,369 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 4,677
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Advanced projects | ​ | ​ | (390) | ​ | ​ | — | ​ | ​ | (1,705) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (2,095)
Exploration | ​ | ​ | (1,292) | ​ | ​ | (4,062) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (518) | ​ | ​ | (5,872)
Loss from investment in Minera Santa Cruz S.A. | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (4,137) | ​ | ​ | — | ​ | ​ | (4,137)
Segment (loss) income | ​ | $ | (563) | ​ | $ | (2,873) | ​ | $ | 664 | ​ | $ | (4,137) | ​ | $ | (518) | ​ | $ | (7,427)
General and Administrative and other | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | (6,088)
Loss before income and mining taxes | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | (13,515)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Capital expenditures | ​ | $ | 3,606 | ​ | $ | 4,518 | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | 8,124
​ ​ ​ ​ ​ ​ ​ ​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Six months ended June 30, 2019 |  | USA |  | Canada |  | Mexico |  | MSC |  | Los Azules |  | Total
Revenue from gold and silver sales | ​ | $ | 12,364 | ​ | $ | 24,992 | ​ | $ | 14,610 | ​ | $ | — | ​ | $ | — | ​ | $ | 51,966
Production costs applicable to sales | ​ | ​ | (8,643) | ​ | ​ | (16,475) | ​ | ​ | (10,730) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (35,848)
Depreciation and depletion | ​ | ​ | (2,720) | ​ | ​ | (6,931) | ​ | ​ | (362) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (10,013)
Gross profit | ​ | ​ | 1,001 | ​ | ​ | 1,586 | ​ | ​ | 3,518 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 6,105
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Advanced projects | ​ | ​ | (586) | ​ | ​ | — | ​ | ​ | (4,155) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (4,741)
Exploration | ​ | ​ | (1,902) | ​ | ​ | (6,483) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (1,637) | ​ | ​ | (10,022)
Loss from investment in Minera Santa Cruz S.A. | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (6,447) | ​ | ​ | — | ​ | ​ | (6,447)
Segment loss | ​ | $ | (1,487) | ​ | $ | (4,897) | ​ | $ | (637) | ​ | $ | (6,447) | ​ | $ | (1,637) | ​ | $ | (15,105)
General and Administrative and other | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | (8,428)
Loss before income and mining taxes | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | (23,533)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Capital expenditures | ​ | $ | 16,614 | ​ | $ | 7,875 | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | 24,489
Schedule Of Geographic Information | 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)
​ | ​ | June 30, | ​ | December 31, | ​ | Three months ended June 30, | ​ | Six months ended June 30,
​ |  | 2020 |  | 2019 |  | 2020 |  | 2019 |  | 2020 | ​ | 2019
USA | ​ | $ | 50,906 | ​ | $ | 135,854 | ​ | $ | 10,770 | ​ | $ | 11,522 | ​ | $ | 25,088 | ​ | $ | 12,364
Canada | ​ | ​ | 76,697 | ​ | ​ | 77,147 | ​ | ​ | 4,166 | ​ | ​ | 16,049 | ​ | ​ | 16,905 | ​ | ​ | 24,992
Mexico | ​ | ​ | 20,139 | ​ | ​ | 23,551 | ​ | ​ | 3,355 | ​ | ​ | 8,812 | ​ | ​ | 7,698 | ​ | ​ | 14,610
Argentina (2) | ​ | ​ | 297,670 | ​ | ​ | 302,598 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Total consolidated (3) | ​ | $ | 445,412 | ​ | $ | 539,150 | ​ | $ | 18,291 | ​ | $ | 36,383 | ​ | $ | 49,691 | ​ | $ | 51,966
(1) | Presented based on the location from which the product originated.
(2) | Includes Investment in MSC of $106.2 million as of June 30, 2020 (December 31, 2019 – $110.2 million).
(3) | Total excludes $1.1 million related to the Company's office lease asset as the business activities related to corporate are not considered to be a part of the operating segments.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
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