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INCOME AND MINING TAXES (Tables) | 12 Months Ended
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Dec. 31, 2023
INCOME AND MINING TAXES. |
Schedule of income and mining tax (expense)/recovery | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2023 |  | 2022 |  | 2021
United States | ​ | $ | 971 | ​ | $ | — | ​ | $ | —
Foreign | ​ | ​ | (4,107) | ​ | ​ | 7,663 | ​ | ​ | —
Current tax (recovery) expense | ​ | $ | (3,136) | ​ | $ | 7,663 | ​ | $ | —
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
United States | ​ | $ | — | ​ | $ | — | ​ | $ | (387)
Foreign | ​ | ​ | 36,995 | ​ | ​ | (1,856) | ​ | ​ | (6,928)
Deferred tax (recovery) expense | ​ | $ | 36,995 | ​ | $ | (1,856) | ​ | $ | (7,315)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
United States | ​ | $ | 971 | ​ | $ | — | ​ | $ | (387)
Foreign | ​ | ​ | 32,888 | ​ | ​ | 5,806 | ​ | ​ | (6,928)
Total income and mining tax (recovery) expense | ​ | $ | 33,859 | ​ | $ | 5,806 | ​ | $ | (7,315)
Schedule of net loss before income and mining tax | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | 2023 |  | 2022 | ​ | 2021
United States | ​ | $ | (7,702) | ​ | $ | (20,618) | ​ | $ | (24,808)
Foreign | ​ | ​ | 74,738 | ​ | ​ | (59,670) | ​ | ​ | (39,391)
Income (loss) before income and mining taxes | ​ | $ | 67,036 | ​ | $ | (80,288) | ​ | $ | (64,199)
Schedule of reconciliation of tax provision at statutory U.S. Federal and State income tax rates to actual tax provision recorded in financial statements | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Expected tax expense at |  | 2023 |  | 2022 |  | 2021
Income (loss) before income and mining taxes | ​ | $ | 67,036 | ​ | $ | (80,288) | ​ | $ | (64,199)
Statutory tax rate | ​ | ​ | 21% | ​ | ​ | 21% | ​ | ​ | 21%
US Federal and State tax expense (recovery) at statutory rate | ​ | ​ | 14,078 | ​ | ​ | (16,860) | ​ | ​ | (13,482)
Reconciling items: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Equity loss / (income) from investments | ​ |  | 15,310 | ​ |  | (583) | ​ |  | 1,326
Deconsolidation of McEwen Copper Inc. | ​ |  | (46,644) | ​ |  | — | ​ |  | —
Taxable gain on the disposal of McEwen Copper shares | ​ | ​ | 6,179 | ​ | ​ | — | ​ | ​ | —
Deferred tax liability on investment | ​ | ​ | 38,340 | ​ | ​ | — | ​ | ​ | —
Realized flow-through expenditures | ​ | ​ | 3,570 | ​ | ​ | 2,169 | ​ | ​ | 6,148
Realized flow-through premium | ​ | ​ | (3,423) | ​ | ​ | (2,011) | ​ | ​ | (3,486)
Withholding tax | ​ | ​ | 632 | ​ | ​ | — | ​ | ​ | —
Adjustment for foreign tax rates | ​ |  | (13,769) | ​ |  | (8,384) | ​ |  | (3,039)
Permanent differences | ​ |  | 9,909 | ​ |  | 9,353 | ​ |  | 4,371
Foreign exchange on translation of books | ​ | ​ | 42 | ​ | ​ | 4,308 | ​ | ​ | (2,720)
Losses expired | ​ | ​ | 8,282 | ​ | ​ | 1,877 | ​ | ​ | 1,497
Proceeds received from sale of NSR | ​ | ​ | — | ​ | ​ | 8,072 | ​ | ​ | —
Adjustments in relation to prior years | ​ | ​ | (629) | ​ | ​ | 7,760 | ​ | ​ | 6,446
Current and deferred mining tax liabilities | ​ | ​ | 1,455 | ​ | ​ | 116 | ​ | ​ | —
Movement in valuation allowance | ​ | ​ | 821 | ​ | ​ | (10) | ​ | ​ | (4,377)
Other | ​ | ​ | (294) | ​ | ​ | — | ​ | ​ | —
Income and mining tax expense (recovery) | ​ | $ | 33,859 | ​ | $ | 5,806 | ​ | $ | (7,315)
Schedule of tax effects of temporary differences that give rise to significant portions of deferred tax assets and deferred tax liabilities | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2023 |  | 2022
Deferred tax assets: | ​ | ​ | ​ | ​ | ​ | ​
Net operating loss carryforward | ​ | $ | 57,983 | ​ | $ | 65,174
Mineral properties | ​ |  | 52,471 | ​ |  | 69,326
Other temporary differences | ​ |  | 21,857 | ​ |  | 22,433
Total gross deferred tax assets | ​ |  | 132,311 | ​ |  | 156,933
Less: valuation allowance | ​ |  | (130,002) | ​ |  | (149,342)
Net deferred tax liabilities (assets) | ​ | $ | 2,309 | ​ | $ | 7,591
Deferred tax liabilities: | ​ | ​ | ​ | ​ | ​ | ​
Acquired mineral property interests | ​ | ​ | (2,895) | ​ | ​ | (7,746)
Other taxable temporary differences | ​ |  | (39,986) | ​ |  | —
Total deferred tax liabilities | ​ | $ | (42,881) | ​ | $ | (7,746)
Deferred income and mining tax liability | ​ | $ | (40,572) | ​ | $ | (155)
Summary of changes in valuation allowance | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
For the year ended December 31, |  | Balance at beginning of year |  | ​ | Additions(a) |  | Deductions(b) |  | Balance at end of year
2023 | ​ | $ | 149,342 | ​ | ​ | $ | 3,391 | ​ | $ | (22,731) | ​ | $ | 130,002
2022 | ​ | ​ | 149,921 | ​ | ​ | ​ | 6,600 | ​ | ​ | (7,179) | ​ | ​ | 149,342
2021 | ​ | ​ | 154,298 | ​ | ​ | ​ | 4,058 | ​ | ​ | (8,435) | ​ | ​ | 149,921
​
(a) | The additions to valuation allowance mainly result from the Company and its subsidiaries incurring losses and exploration expenses for tax purposes which do not meet the more-likely-than-not criterion for recognition of deferred tax assets.
(b) | The reductions to valuation allowance mainly result from the release of valuation allowance, expiration of the Company’s tax attributes, foreign exchange reductions of tax attributes in Canada, Mexico and Argentina and inflationary adjustments to tax attributes in Argentina.
Summary of losses that can be applied against future taxable profit | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Country |  | Type of Loss |  | Amount |  | Expiry Period
United States(a) | ​ | Net-operating losses | ​ | $ | 184,095 | ​ | 2027-Unlimited
Mexico | ​ | Net-operating losses | ​ | ​ | 53,596 | ​ | 2024-2033
Canada(a) | ​ | Net-operating losses | ​ | ​ | 14,890 | ​ | 2025-2042
Argentina(a) | ​ | Net-operating losses | ​ | ​ | 594 | ​ | 2024-2028
(a) | The losses in the United States, Canada, and Argentina are part of multiple consolidating groups, and, therefore, may be restricted in use to specific projects.

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- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 9 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-9 + Details
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- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-2 + Details
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