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Segmented Information (Tables)
12 Months Ended
Dec. 31, 2017
Disclosure Of Operating Segments [Abstract]  
Schedule of Segmented Information

 

Year ended December 31, 2017

 

Segment results

 

San Francisco Mine

 

 

Ana Paula Project

 

 

Other

 

 

Total

 

Metal revenues

$

 

105,162

 

$

 

-

 

$

 

-

 

$

 

105,162

 

Production costs

 

 

(69,818

)

 

 

-

 

 

 

-

 

 

 

(69,818

)

Depreciation and depletion

 

 

(4,641

)

 

 

-

 

 

 

-

 

 

 

(4,641

)

Corporate and administrative expenses

 

 

(2,047

)

 

 

-

 

 

 

(6,590

)

 

 

(8,637

)

Earnings (loss) from operations

$

 

28,656

 

$

 

-

 

$

 

(6,590

)

$

 

22,066

 

Capital expenditures

$

 

20,909

 

$

 

17,256

 

$

 

163

 

$

 

38,328

 

 

 

Year ended December 31, 2016

 

Segment results

 

San Francisco Mine

 

 

Ana Paula Project

 

 

Other

 

 

Total

 

Metal revenues

$

 

123,873

 

$

 

-

 

$

 

-

 

$

 

123,873

 

Production costs

 

 

(74,717

)

 

 

-

 

 

 

-

 

 

 

(74,717

)

Depreciation and depletion

 

 

(14,299

)

 

 

-

 

 

 

-

 

 

 

(14,299

)

Corporate and administrative expenses

 

 

(2,085

)

 

 

-

 

 

 

(5,522

)

 

 

(7,607

)

Impairment reversal of mineral properties and other assets

 

 

23,699

 

 

 

-

 

 

 

-

 

 

 

23,699

 

Other

 

 

-

 

 

 

-

 

 

 

(13,593

)

 

 

(13,593

)

Earnings (loss) from operations

$

 

56,471

 

$

 

-

 

$

 

(19,115

)

$

 

37,356

 

Capital expenditures

$

 

5,647

 

$

 

13,154

 

$

 

178

 

$

 

18,979

 

 

Segment assets and liabilities

 

San

Francisco

Mine

 

 

Ana Paula Project

 

 

Other

 

 

Total

 

As at December 31, 2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total assets

$

 

89,612

 

$

 

107,196

 

$

 

38,827

 

$

 

235,635

 

Total liabilities

$

 

33,577

 

$

 

3,028

 

$

 

2,445

 

$

 

39,050

 

As at December 31, 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total assets

$

 

64,008

 

$

 

88,427

 

$

 

18,408

 

$

 

170,843

 

Total liabilities

$

 

22,249

 

$

 

1,791

 

$

 

3,717

 

$

 

27,757

 

 

Percentage of Metal Revenues by Major Customers

The percentage breakdown of metal revenues by major customer is as follows:

 

 

 

 

 

 

Years ended December 31,

 

 

 

 

 

 

2017

 

 

2016

 

Customer A

 

 

 

 

 

 

94

%

 

 

95

%

Customer B

 

 

 

 

 

 

5

%

 

 

4

%

Customer C

 

 

 

 

 

 

1

%

 

 

1

%

Total

 

 

 

 

 

 

100

%

 

 

100

%

 

Company's Metal Revenues from Operations

The Company’s metal revenues from operations, 100% of which are derived in Mexico, for the years ended December 31, 2017 and 2016, are as follows:

 

 

 

 

 

 

 

Years ended December 31,

 

 

 

 

 

 

2017

 

 

2016

 

Gold

 

 

 

 

$

 

104,510

 

$

 

122,916

 

Silver by-product

 

 

 

 

 

 

652

 

 

 

957

 

 

 

 

 

 

$

 

105,162

 

$

 

123,873