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Note 6 - Investment in Juanicipio - Investment Relating to Interests in Juancipio Property and Minera Juancipio (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Statement Line Items [Line Items]    
Interest earned, advances to Minera Juanicipio (see Note 14) (1) $ (174) $ (637)
Cash contributions to Minera Juanicipio 73,524 63,712
Total for the year 72,828 63,713
Income from equity accounted Investment in Juanicipio (2) [1] 15,686 2,214
Balance, beginning of year 202,570 136,643
Balance, end of year 291,084 202,570
Minera Juanicipio, S.A. de C.V. [member]    
Statement Line Items [Line Items]    
Juanicipio Project oversight expenditures incurred 100% by MAG 620 568
Interest earned, advances to Minera Juanicipio (see Note 14) (1) [2] (1,316) $ (567)
Cash contributions to Minera Juanicipio $ 106,035  
[1] Represents the Company’s 44% share of the Juanicipio Entities’s net income for the year, as determined by the Company.
[2] A portion of the Investment in Juanicipio is in the form of interest bearing shareholder loans. The interest accrued within the Juanicipio Entities was capitalized to ‘Mineral interests, plant and equipment’ and the interest recorded by the Company on the loan totaling $1,377 for the year ended December 31, 2021 (December 31, 2020: $567) was credited to the Investment in Juanicipio account as an eliminating related party entry (see Note 14).