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INVESTMENTS | 9 Months Ended
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Sep. 30, 2023
INVESTMENTS |
INVESTMENTS | NOTE 5 INVESTMENTS The following is a summary of the activity in investments for the nine months ended September 30, 2023 and for the year ended December 31, 2022: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As at | ​ | Additions/ | ​ | Disposals/ | ​ | Unrealized | ​ | Unrealized foreign | ​ | As at
​ | ​ | December 31, | ​ | transfers during | ​ | transfers during | ​ | gain on | ​ | exchange loss | ​ | September 30,
​ | ​ | 2022 | ​ | period | ​ | period | ​ | securities held | ​ | on securities held | ​ | 2023
Marketable equity securities – fair value | ​ | $ | 1,133 | ​ | $ | 33,907 | ​ | $ | — | ​ | $ | 15,651 | ​ | $ | (9,858) | ​ | $ | 40,833
Warrants | ​ | ​ | 162 | ​ | ​ | — | ​ | ​ | (162) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Total Investments | ​ | $ | 1,295 | ​ | $ | 33,907 | ​ | $ | (162) | ​ | $ | 15,651 | ​ | $ | (9,858) | ​ | $ | 40,833
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As at | ​ | Additions/ | ​ | Disposals/ | ​ | Unrealized | ​ | Unrealized foreign | ​ | As at
​ | ​ | December 31, | ​ | transfers during | ​ | transfers during | ​ | loss on | ​ | exchange loss | ​ | December 31,
​ | ​ | 2021 | ​ | period | ​ | period | ​ | securities held | ​ | on securities held | ​ | 2022
Marketable equity securities – fair value | ​ | $ | 1,644 | ​ | $ | — | ​ | $ | — | ​ | $ | (511) | ​ | $ | — | ​ | $ | 1,133
Warrants | ​ |  | 162 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 162
Total Investments | ​ | $ | 1,806 | ​ | $ | — | ​ | $ | — | ​ | $ | (511) | ​ | $ | — | ​ | $ | 1,295
​ During the nine months ended September 30, 2023, Andes Corporation Minera S.A. (“ACMSA”), an Argentinian subsidiary of McEwen Copper, invested $33.9 million in equity securities trading on the Bolsa de Comercio de Buenos Aires (“BCBA”) exchange as Argentinian depositary receipts (“CEDEARs”) and denominated in ARS. During the three and nine months ended September 30, 2023, the Company recognized an unrealized gain on CEDEARs of $13.0 million and $15.7 million, respectively.

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- Definition The entire disclosure for cash, cash equivalents, investments in debt and equity instruments (including cost and equity investees and related income statement amounts), equity and cost method investments, investments in joint ventures and any other investment. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 65 -Paragraph 13 -Subparagraph (d)(3) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482477/820-10-65-13 + Details
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