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EQUITY METHOD INVESTMENTS - A summary of the operating results of Minera Santa Cruz S.A. (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2024 | Jun. 30, 2023 | Jun. 30, 2024 | Jun. 30, 2023
Equity Investments |  |  |  |
Revenue from gold and silver sales | $ 47,476 | $ 34,395 | $ 88,704 | $ 69,147
Depreciation and depletion | (4,652) | (8,293) | (14,759) | (15,189)
Net income (loss) before tax | (15,371) | (45,310) | (38,311) | (82,256)
Net Income (Loss) | (12,995) | (21,627) | (33,378) | (64,703)
Income tax recovery | 2,376 | 2,049 | 4,933 | 2,585
Income (loss) from investment in MSC, net of amortization | (12,115) | (914) | $ (28,849) | (4,375)
Minera Santa Cruz S.A. |  |  |  |
Equity Investments |  |  |  |
Subsidiary (as a percent) |  |  | 100.00% |
Revenue from gold and silver sales | 74,348 | 67,712 | $ 140,274 | 113,452
Production costs applicable to sales | (48,220) | (46,931) | (96,105) | (88,055)
Depreciation and depletion | (14,723) | (14,363) | (23,649) | (22,593)
Gross profit | 11,405 | 6,418 | 20,520 | 2,804
Exploration | (3,018) | (2,846) | (5,122) | (4,798)
Other income (expense)(1) | (2,451) | (7,911) | (950) | (11,145)
Net income (loss) before tax | 5,936 | (4,339) | 14,448 | (13,139)
Current and deferred tax recovery (expense) | 4,514 | 4,828 | (333) | 8,143
Net Income (Loss) | $ 10,450 | 489 | $ 14,115 | (4,996)
Subsidiary ownership interest (as a percent) | 49.00% |  | 49.00% |
Net income (loss) | $ 5,120 | 239 | $ 6,918 | (2,448)
Amortization of fair value increments | (667) | (1,269) | (1,377) | (2,153)
Income tax recovery | 248 | 116 | 438 | 226
Income (loss) from investment in MSC, net of amortization | $ 4,701 | $ (914) | $ 5,979 | $ (4,375)

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