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SEGMENTED INFORMATION
12 Months Ended
Dec. 31, 2023
SEGMENTED INFORMATION

23. SEGMENTED INFORMATION

 

The Company’s revenues for the year ended December 31, 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 consolidated statements of operations, the Company had revenue from the following product mixes:

 

 

 

2023

 

 

2022

 

Silver

 

$16,642

 

 

$16,570

 

Copper

 

 

13,137

 

 

 

10,258

 

Gold

 

 

20,361

 

 

 

25,875

 

Penalties, treatment costs and refining charges

 

 

(6,251)

 

 

(8,516)

Total revenue from mining operations

 

$43,889

 

 

$44,187

 

For the year ended December 31, 2023 and 2022, the Company had the following customers that accounted for total revenues as follows:

 

 

 

2023

 

 

2022

 

Customer #1

 

$35,053

 

 

$39,911

 

Customer #2

 

 

8,675

 

 

 

-

 

Customer #3

 

 

161

 

 

 

3,479

 

Other customers

 

 

-

 

 

 

797

 

Total revenue from mining operations

 

$43,889

 

 

$44,187

 

 

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

 

 

 

December 31, 2023

 

 

December 31,

2022

 

Exploration and evaluation assets - Mexico

 

$50,110

 

 

$49,803

 

Exploration and evaluation assets - Canada

 

 

1

 

 

 

1

 

Total exploration and evaluation assets

 

$50,111

 

 

$49,804

 

 

 

 

December 31, 2023

 

 

December 31,

2022

 

Plant, equipment, and mining properties - Mexico

 

$52,891

 

 

$43,812

 

Plant, equipment, and mining properties - Canada

 

 

178

 

 

 

244

 

Total plant, equipment, and mining properties

 

$53,069

 

 

$44,056