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Segment Information
 9 Months Ended
Sep. 30, 2019
Segment Information  
Segment Information

22.     Segment Information

 

The Company’s sole activity is the mining, construction and exploration of mineral properties containing precious metals. The Company’s reportable segments are based upon the Company’s revenue producing activities and cash consuming activities. The Company reports two segments, one for its Velardeña Properties in Mexico and the other comprised of non-revenue producing activities including exploration, construction and general and administrative activities. Intercompany revenue and expense amounts have been eliminated within each segment in order to report on the basis that management uses internally for evaluating segment performance.

 

The financial information relating to the Company’s segments is as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exploration, El

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Costs

 

Depreciation,

 

Quevar, Velardeña 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

 

 

Applicable

 

Depletion and

 

and Administrative

 

Pre-Tax (gain)

 

 

 

 

Capital

 

September 30, 2019

    

Revenue

    

to Sales

    

Amortization

    

Expense

    

loss

    

Total Assets

    

Expenditures

 

Velardeña Properties

 

$

1,944

 

$

594

 

$

195

 

$

686

 

$

(276)

 

 

 

 

$

 —

 

Corporate, Exploration and Other

 

 

—

 

 

—

 

 

75

 

 

1,995

 

 

2,027

 

 

 

 

 

 1

 

 

 

$

1,944

 

$

594

 

$

270

 

$

2,681

 

$

1,751

 

 

 

 

$

 1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Velardeña Properties

 

$

5,852

 

$

1,804

 

$

587

 

$

1,962

 

$

(959)

 

$

4,502

 

$

 1

 

Corporate, Exploration and Other

 

 

 —

 

 

 —

 

 

227

 

 

6,916

 

 

7,519

 

 

6,731

 

 

27

 

 

 

$

5,852

 

$

1,804

 

$

814

 

$

8,878

 

$

6,560

 

$

11,233

 

$

28

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Velardeña Properties

 

$

1,900

 

$

657

 

$

243

 

$

561

 

$

(312)

 

 

 

 

$

 3

 

Corporate, Exploration and Other

 

 

—

 

 

—

 

 

94

 

 

1,981

 

 

(1,274)

 

 

 

 

 

 —

 

 

 

$

1,900

 

$

657

 

$

337

 

$

2,542

 

$

(1,586)

 

 

 

 

$

 3

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Velardeña Properties

 

$

5,267

 

$

1,685

 

$

616

 

$

1,754

 

$

(1,038)

 

$

6,084

 

$

31

 

Corporate, Exploration and Other

 

 

—

 

 

—

 

 

281

 

 

6,145

 

 

1,873

 

 

8,145

 

 

30

 

 

 

$

5,267

 

$

1,685

 

$

897

 

$

7,899

 

$

835

 

$

14,229

 

$

61