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NON-CONTROLLING INTERESTS	6 Months Ended
	Jun. 30, 2022
NON-CONTROLLING INTERESTS
NON-CONTROLLING INTERESTS	NOTE 18 NON-CONTROLLING INTERESTS ​ On August 23, 2021, the Company announced that its subsidiary, McEwen Copper, closed the first tranche of Series B private placement offering where McEwen Copper issued 4,000,000 common shares at a price of $10.00 per share for gross proceeds of $40.0 million. An affiliate of Mr. McEwen purchased all the shares pursuant to this first tranche. As of August 23, 2021 and  December 31, 2021, the affiliate held 18.6% ownership of McEwen Copper. As of June 30, 2022, this ownership was decreased to 17.39% due to the closing of the second tranche of Series B private placement offering. ​ As a result of the common shares issued, the Company’s 100% ownership in McEwen Copper was reduced by 18.6%. The Company assessed 18.6% as non-redeemable non-controlling interests. Consequently, the Company recorded $14.9 million as non-controlling interests and $25.1 million as additional paid-in-capital on the Consolidated Balance Sheets in 2021. ​ On June 21, 2022, the Company announced that its subsidiary, McEwen Copper, closed the second tranche of Series B private placement offering where McEwen Copper issued 1,500,000 additional common shares at a price of $10.00 per share for gross proceeds of $15.0 million to a related party and non-related investors. Out of the $15.0 million proceeds received, $2.55 million and $0.3 million were received in advance of the closing of the second tranche during periods ended December 31, 2021 and March 31, 2022, respectively, which were recorded in other liabilities. ​ As a result of the common shares issued, the Company’s 81.4% ownership in McEwen Copper was reduced by 5.31%. The Company assessed 23.91% as non-redeemable non-controlling interests. Consequently, the Company recorded $7.6 million as non-controlling interests and $7.4 million as additional paid-in-capital in 2022. ​ On June 30, 2022, the Company recorded $0.3 million net loss attributed to non-controlling interests of 23.91%.

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- Definition

The entire disclosure for noncontrolling interest in consolidated subsidiaries, which could include the name of the subsidiary, the ownership percentage held by the parent, the ownership percentage held by the noncontrolling owners, the amount of the noncontrolling interest, the location of this amount on the balance sheet (when not reported separately), an explanation of the increase or decrease in the amount of the noncontrolling interest, the noncontrolling interest share of the net Income or Loss of the subsidiary, the location of this amount on the income statement (when not reported separately), the nature of the noncontrolling interest such as background information and terms, the amount of the noncontrolling interest represented by preferred stock, a description of the preferred stock, and the dividend requirements of the preferred stock.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-URI http://asc.fasb.org/topic&trid=2197479

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- References

No definition available.

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