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OPERATING SEGMENT REPORTING (Tables) | 12 Months Ended
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Dec. 31, 2022
OPERATING SEGMENT REPORTING |
Schedule of significant information relating to reportable operating segments | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Year ended December 31, 2022 |  | USA |  | ​ | Canada | ​ | Mexico | ​ | MSC |  | McEwen Copper |  | Total
Revenue from gold and silver sales | ​ | $ | 47,926 | ​ | $ | 60,848 | ​ | $ | 1,643 | ​ | $ | — | ​ | $ | — | ​ | $ | 110,417
Production costs applicable to sales | ​ | ​ | (43,500) | ​ | ​ | (36,845) | ​ | ​ | (10,915) | ​ | ​ | — | ​ | ​ | — | ​ |  | (91,260)
Depreciation and depletion | ​ | ​ | (4,737) | ​ | ​ | (14,964) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (19,701)
Gross profit (loss) | ​ | ​ | (311) | ​ | ​ | 9,039 | ​ | ​ | (9,272) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (544)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Advanced projects | ​ | ​ | (52) | ​ | ​ | (1,206) | ​ | ​ | (4,322) | ​ | ​ | — | ​ | $ | (61,148) | ​ |  | (66,728)
Exploration | ​ | ​ | (4,828) | ​ | ​ | (9,443) | ​ | ​ | (2) | ​ | ​ | — | ​ | ​ | (700) | ​ |  | (14,973)
Gain from investment in Minera Santa Cruz S.A. | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 2,776 | ​ | ​ | — | ​ |  | 2,776
Segment profit (loss) | ​ | $ | (5,191) | ​ | $ | (1,610) | ​ | $ | (13,596) | ​ | $ | 2,776 | ​ | $ | (61,848) | ​ | $ | (79,469)
General and administrative and other | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | (819)
Loss before income and mining taxes | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | (80,288)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Capital expenditures | ​ | $ | 5,374 | ​ | $ | 15,317 | ​ | $ | 2,800 | ​ | $ | — | ​ | $ | 2,743 | ​ | $ | 26,234
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Year ended December 31, 2021 |  | USA |  | Canada |  | Mexico |  | MSC |  | McEwen Copper |  | Total
Revenue from gold and silver sales | ​ | $ | 79,205 | ​ | $ | 50,704 | ​ | $ | 6,632 | ​ | $ | — | ​ | $ | — | ​ | $ | 136,541
Production costs applicable to sales | ​ | ​ | (73,990) | ​ | ​ | (32,961) | ​ | ​ | (12,272) | ​ | ​ | — | ​ | ​ | — | ​ |  | (119,223)
Depreciation and depletion | ​ | ​ | (8,502) | ​ | ​ | (15,296) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (23,798)
Gross (loss) profit | ​ | ​ | (3,287) | ​ | ​ | 2,447 | ​ | ​ | (5,640) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (6,480)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Advanced projects | ​ | ​ | (440) | ​ | ​ | (2,635) | ​ | ​ | (4,345) | ​ | ​ | — | ​ | $ | (5,019) | ​ |  | (12,439)
Exploration | ​ | ​ | (5,875) | ​ | ​ | (15,017) | ​ | ​ | (14) | ​ | ​ | — | ​ | ​ | (1,698) | ​ |  | (22,604)
Loss from investment in Minera Santa Cruz S.A. | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (7,533) | ​ | ​ | — | ​ |  | (7,533)
Segment loss | ​ | $ | (9,602) | ​ | $ | (15,205) | ​ | $ | (9,999) | ​ | $ | (7,533) | ​ | $ | (6,717) | ​ | $ | (49,056)
General and administrative and other | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | (15,143)
Loss before income and mining taxes | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | (64,199)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Capital expenditures | ​ | $ | 2,416 | ​ | $ | 33,617 | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | 36,033
​
0 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Year ended December 31, 2020 |  | USA |  | Canada |  | Mexico |  | MSC |  | McEwen Copper |  | Total
Revenue from gold and silver sales | ​ | $ | 48,884 | ​ | $ | 41,452 | ​ | $ | 14,453 | ​ | $ | — | ​ | $ | — | ​ | $ | 104,789
Production costs applicable to sales | ​ | ​ | (58,465) | ​ | ​ | (34,639) | ​ | ​ | (15,723) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (108,827)
Depreciation and depletion | ​ | ​ | (11,785) | ​ | ​ | (10,883) | ​ | ​ | (242) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (22,910)
Gross loss | ​ | ​ | (21,366) | ​ | ​ | (4,070) | ​ | ​ | (1,512) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (26,948)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Advanced projects | ​ | ​ | (1,071) | ​ | ​ | (6,088) | ​ | ​ | (4,522) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (11,681)
Exploration | ​ | ​ | (6,777) | ​ | ​ | (6,450) | ​ | ​ | (513) | ​ | ​ | — | ​ | ​ | (2,121) | ​ | ​ | (15,861)
Impairment of mineral property interests and plant and equipment | ​ | ​ | (83,805) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (83,805)
Loss from investment in Minera Santa Cruz S.A. | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (1,517) | ​ | ​ | — | ​ | ​ | (1,517)
Other operating | ​ | ​ | (1,390) | ​ | ​ | (578) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (1,968)
Segment loss | ​ | $ | (114,409) | ​ | $ | (17,186) | ​ | $ | (6,547) | ​ | $ | (1,517) | ​ | $ | (2,121) | ​ | $ | (141,780)
General and administrative and other | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | (11,935)
Loss before income and mining taxes | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | (153,715)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Capital expenditures | ​ | $ | 4,821 | ​ | $ | 9,104 | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | 13,925
​
Schedule of geographic information | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Non-current Assets | ​ | Revenue (1)
​ | ​ | Year ended December 31, | ​ | Year ended December 31,
​ |  | 2022 |  | 2021 |  | 2022 | ​ | 2021 | ​ | 2020
USA | ​ | $ | 70,577 | ​ | $ | 37,878 | ​ | $ | 47,926 | ​ | $ | 79,205 | ​ | $ | 48,884
Canada | ​ | ​ | 91,552 | ​ | ​ | 93,294 | ​ | ​ | 60,848 | ​ | ​ | 50,704 | ​ | ​ | 41,452
Mexico | ​ | ​ | 29,219 | ​ | ​ | 26,561 | ​ | ​ | 1,643 | ​ | ​ | 6,632 | ​ | ​ | 14,453
Argentina (2) | ​ | ​ | 255,718 | ​ | ​ | 282,583 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Total Consolidated (3) | ​ | $ | 447,066 | ​ | $ | 440,316 | ​ | $ | 110,417 | ​ | $ | 136,541 | ​ | $ | 104,789
(1) | Presented based on the location from which the product originated.
(2) | Includes Investment in MSC of $93.5 million as of December 31, 2022 (December 31, 2021 - $90.9 million).
(3) | Total excludes $0.3 million (December 31, 2021 - $0.4 million) related to the Company’s ROU 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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