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OPERATING SEGMENT REPORTING (Tables) | 3 Months Ended
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Mar. 31, 2023
OPERATING SEGMENT REPORTING |
Schedule of significant information relating to reportable operating segments | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Three months ended March 31, 2023 |  | USA |  | Canada |  | Mexico |  | MSC |  | McEwen Copper |  | Total
Revenue from gold and silver sales | ​ | $ | 11,587 | ​ | $ | 23,165 | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | 34,752
Production costs applicable to sales | ​ | ​ | (9,341) | ​ | ​ | (14,072) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ |  | (23,413)
Depreciation and depletion | ​ | ​ | (1,260) | ​ | ​ | (5,636) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (6,896)
Gross profit | ​ | ​ | 986 | ​ | ​ | 3,457 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 4,443
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Advanced projects | ​ | ​ | (289) | ​ | ​ | — | ​ | ​ | (1,391) | ​ | ​ | — | ​ | ​ | (31,880) | ​ |  | (33,560)
Exploration | ​ | ​ | (773) | ​ | ​ | (4,740) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (387) | ​ | ​ | (5,900)
Loss from investment in Minera Santa Cruz S.A. | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (3,461) | ​ | ​ | — | ​ |  | (3,461)
Segment loss | ​ | $ | (76) | ​ | $ | (1,283) | ​ | $ | (1,391) | ​ | $ | (3,461) | ​ | $ | (32,267) | ​ | $ | (38,478)
General and administrative and other | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 1,532
Loss before income and mining taxes | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | (36,946)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Capital expenditures | ​ | $ | 2,991 | ​ | $ | 2,773 | ​ | $ | — | ​ | $ | — | ​ | $ | 954 | ​ | $ | 6,718
​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Three months ended March 31, 2022 |  | USA |  | Canada |  | Mexico |  | MSC |  | McEwen Copper |  | Total
Revenue from gold and silver sales | ​ | $ | 11,742 | ​ | $ | 12,896 | ​ | $ | 904 | ​ | $ | — | ​ | $ | — | ​ | $ | 25,542
Production costs applicable to sales | ​ | ​ | (14,172) | ​ | ​ | (8,647) | ​ | ​ | (5,005) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (27,824)
Depreciation and depletion | ​ | ​ | (818) | ​ | ​ | (2,894) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (3,712)
Gross profit (loss) | ​ | ​ | (3,248) | ​ | ​ | 1,355 | ​ | ​ | (4,101) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (5,994)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Advanced projects | ​ | ​ | (45) | ​ | ​ | (91) | ​ | ​ | (1,243) | ​ | ​ | — | ​ | $ | (9,756) | ​ | ​ | (11,135)
Exploration | ​ | ​ | (1,449) | ​ | ​ | (1,700) | ​ | ​ | (1) | ​ | ​ | — | ​ | $ | (60) | ​ | ​ | (3,210)
Loss from investment in Minera Santa Cruz S.A. | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (1,120) | ​ | $ | — | ​ | ​ | (1,120)
Segment loss | ​ | $ | (4,742) | ​ | $ | (436) | ​ | $ | (5,345) | ​ | $ | (1,120) | ​ | $ | (9,816) | ​ | $ | (21,459)
General and administrative and other | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | (419)
Loss before income and mining taxes | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | (21,878)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Capital expenditures | ​ | $ | 277 | ​ | $ | 3,546 | ​ | $ | — | ​ | $ | — | ​ | $ | 234 | ​ | $ | 4,057
​
Schedule of geographic information |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Long-lived Assets | ​ | Revenue (1)
​ | ​ | March 31, | ​ | December 31, | ​ | Three months ended March 31,
​ |  | 2023 |  | 2022 |  | 2023 | ​ | 2022
USA (2) | ​ | $ | 75,957 | ​ | $ | 70,577 | ​ | $ | 11,587 | ​ | $ | 11,742
Canada | ​ | ​ | 95,326 | ​ | ​ | 91,552 | ​ | ​ | 23,165 | ​ | ​ | 12,896
Mexico | ​ | ​ | 29,218 | ​ | ​ | 29,219 | ​ | ​ | — | ​ | ​ | 904
Argentina (3) | ​ | ​ | 253,707 | ​ | ​ | 255,718 | ​ | ​ | — | ​ | ​ | —
Total consolidated | ​ | $ | 454,208 | ​ | $ | 447,066 | ​ | $ | 34,752 | ​ | $ | 25,542
​
(1) | Presented based on the location from which the precious metals originated.
(2) | Includes Elder Creek exploration property of $0.8 million as of March 31, 2023 (December 31, 2022 - $0.8 million).
(3) | Includes Investment in MSC of $90.0 million as of March 31, 2023 (December 31, 2022 – $93.5 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 https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599 + Details
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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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=121556970&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 30 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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