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SEGMENTED INFORMATION
9 Months Ended
Sep. 30, 2022
SEGMENTED INFORMATION  
Segmented Information

21. SEGMENTED INFORMATION

 

The Company’s revenues for the three and nine months ended September 30, 2022 are all attributable to Mexico, from shipments of concentrate produced by the Avino Mine, and is considered to be one single reportable operating segment.

 

On the condensed consolidated interim statements of operations, the Company had revenue from the following product mixes:

 

 

 

Three months ended

 September 30,

 

 

Nine months ended

September 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Silver

 

$3,454

 

 

$683

 

 

$10,722

 

 

$698

 

Copper

 

 

5,625

 

 

 

398

 

 

 

17,884

 

 

 

407

 

Gold

 

 

2,310

 

 

 

1,179

 

 

 

7,141

 

 

 

1,184

 

Penalties, treatment costs and refining charges

 

 

(2,271)

 

 

(379)

 

 

(6,209)

 

 

(379)

Total revenue from mining operations

 

$9,118

 

 

$1,881

 

 

$29,538

 

 

$1,910

 

 

For the three and nine months ended September 30, 2022 and 2021, the Company had the following customers that accounted for total revenues:

 

 

 

Three months ended

September 30,

 

 

Nine months ended

 September 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Customer #1

 

$7,710

 

 

$429

 

 

$25,569

 

 

$429

 

Customer #2

 

 

1,415

 

 

 

-

 

 

 

3,161

 

 

 

-

 

Other customers

 

 

(7)

 

 

1,452

 

 

 

808

 

 

 

1,481

 

Total revenue from mining operations

 

$9,118

 

 

$1,881

 

 

$29,538

 

 

$1,910

 

Geographical information relating to the Company’s non-current assets (other than financial instruments) is as follows:

 

 

 

September 30,

2022

 

 

December 31,

2021

 

Exploration and evaluation assets - Mexico

 

$46,370

 

 

$11,052

 

Exploration and evaluation assets - Canada

 

 

1

 

 

 

1

 

Total exploration and evaluation assets

 

$46,371

 

 

$11,053

 

 

 

 

September 30,

2022

 

 

December 31,

2021

 

Plant, equipment, and mining properties - Mexico

 

$42,631

 

 

$35,390

 

Plant, equipment, and mining properties - Canada

 

 

264

 

 

 

285

 

Total plant, equipment, and mining properties

 

$42,895

 

 

$35,675