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SEGMENTED INFORMATION
9 Months Ended
Sep. 30, 2023
Segemented information

21.   SEGMENTED INFORMATION

 

The Company’s revenues for the three and nine months ended September 30, 2023 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,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Silver

 

$4,280

 

 

$3,454

 

 

$11,610

 

 

$10,722

 

Copper

 

 

5,907

 

 

 

5,625

 

 

 

14,658

 

 

 

17,884

 

Gold

 

 

3,669

 

 

 

2,310

 

 

 

9,516

 

 

 

7,141

 

Penalties, treatment costs and refining charges

 

 

(1,540)

 

 

(2,271)

 

 

(4,425)

 

 

(6,209)

Total revenue from mining operations

 

$12,316

 

 

$9,118

 

 

$31,359

 

 

$29,538

 

For the three and nine months ended September 30, 2023, the Company had three customers (September 30, 2022 – three customers) that accounted for total revenues as follows:

 

 

 

Three months ended September 30,

 

 

Nine months ended September 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Customer #1

 

$9,101

 

 

$7,710

 

 

$26,209

 

 

$25,569

 

Customer #2

 

 

3,220

 

 

 

1,415

 

 

 

5,246

 

 

 

3,161

 

Other customers

 

 

(5)

 

 

(7)

 

 

(96)

 

 

808

 

Total revenue from mining operations

 

$12,316

 

 

$9,118

 

 

$31,359

 

 

$29,538

 

 

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

 

 

 

September 30,

2023

 

 

December 31,

2022

 

Exploration and evaluation assets - Mexico

 

$50,450

 

 

$49,803

 

Exploration and evaluation assets - Canada

 

 

1

 

 

 

1

 

Total exploration and evaluation assets

 

$50,451

 

 

$49,804

 

 

 

 

September 30,

2023

 

 

December 31,

2022

 

Plant, equipment, and mining properties - Mexico

 

$50,843

 

 

$43,812

 

Plant, equipment, and mining properties - Canada

 

 

196

 

 

 

244

 

Total plant, equipment, and mining properties

 

$51,039

 

 

$44,056