XML 87 R65.htm IDEA: XBRL DOCUMENT v3.21.1
Note 14 - Related Party Transactions (Details Textual) - USD ($)
$ in Thousands
12 Months Ended
Feb. 26, 2004
Dec. 31, 2020
Dec. 31, 2019
Statement Line Items [Line Items]      
Amount charged for contributions to a joint venture [1]   $ 63,712 $ 53,200
Shareholder loans [member]      
Statement Line Items [Line Items]      
Amount charged for contributions to a joint venture   $ 144,800  
Minera Juanicipio, S.A. de C.V. [member]      
Statement Line Items [Line Items]      
Proportion of ownership interest in joint venture   44.00%  
Amount charged for contributions to a joint venture   $ 63,712  
Interest earned from advance to joint venture   $ 567  
Minera Juanicipio, S.A. de C.V. [member] | Libor rate [member]      
Statement Line Items [Line Items]      
Borrowings, adjustment to interest rate basis   2.00%  
Fresnillo PLC [member] | Minera Juanicipio, S.A. de C.V. [member]      
Statement Line Items [Line Items]      
Proportion of ownership interest in joint venture   56.00%  
Fresnillo PLC [member] | MAG Silver Corporation [member]      
Statement Line Items [Line Items]      
Fresnillo investment in MAG Silver Corp. common shares   10.30%  
Cascabel and IMDEX [member]      
Statement Line Items [Line Items]      
Amounts payable, related party transactions   $ 78 $ 102
Cascabel [member] | Cinco de Mayo property [member]      
Statement Line Items [Line Items]      
Net Smelter Returns Royalty Percentage 2.50%    
Percentage interest in acquisition of mineral property 100.00%    
[1] During the year, Fresnillo and the Company advanced $144,800 as shareholder loans (MAG's 44% share $63,712) to Minera Juanicipio, bearing interest at Libor + 2%. The interest accrued within Minera Juanicipio was capitalized to 'Mineral Interests, plant and equipment' and the interest recorded by the Company on the loan totaling $567 has therefore been credited to the Investment in Juanicipio account as an eliminating related party entry (see Note 14).