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Segment Reporting
 6 Months Ended
Jun. 30, 2023
Segment Reporting [Abstract]  
SEGMENT REPORTING SEGMENT REPORTING
The Company’s operating segments include the Palmarejo, Rochester, Kensington and Wharf mines and Silvertip exploration project. Except for the Silvertip exploration project, all operating segments are engaged in the discovery, mining, and production of gold and/or silver. The Silvertip exploration project is engaged in the discovery of silver, zinc and lead. “Other” includes certain mineral interests, strategic equity investments, corporate office, elimination of intersegment transactions, and other items necessary to reconcile to consolidated amounts.
Financial information relating to the Company’s segments is as follows (in thousands):
Three Months Ended June 30, 2023PalmarejoRochesterKensingtonWharfSilvertip OtherTotal
Revenue
Gold sales$35,296 $12,638 $24,538 $48,883 $— $— $121,355 
Silver sales37,432 16,463 63 1,922 — — 55,880 
Metal sales72,728 29,101 24,601 50,805 — — 177,235 
Costs and Expenses
Costs applicable to sales(1)
46,591 26,068 39,149 27,829 — — 139,637 
Amortization8,017 3,649 4,801 1,805 1,021 302 19,595 
Exploration1,614 279 2,327 — (1,628)328 2,920 
Other operating expenses2,233 2,048 984 1,029 4,977 8,566 19,837 
Other income (expense)
Gain on debt extinguishment— — — — — 2,961 2,961 
Fair value adjustments, net— — — — — (3,922)(3,922)
Interest expense, net178 (287)(325)(30)(18)(6,430)(6,912)
Other, net(3)
3,022 (399)(56)145 (94)(12,537)(9,919)
Income and mining tax (expense) benefit(6,220)137 — (2,301)— (1,482)(9,866)
Net Income (loss) $11,253 $(3,492)$(23,041)$17,956 $(4,482)$(30,606)$(32,412)
Segment assets(2)
$311,609 $977,958 $160,145 $103,249 $217,831 $61,920 $1,832,712 
Capital expenditures$11,914 $61,458 $11,656 $150 $138 $265 $85,581 
(1) Excludes amortization
(2) Segment assets include receivables, prepaids, inventories, property, plant and equipment, and mineral interests
(3) See Note 13 -- Additional Comprehensive Income (Loss) Detail for additional detail


Three Months Ended June 30, 2022PalmarejoRochesterKensingtonWharfSilvertip OtherTotal
Revenue
Gold sales$44,127 $15,199 $50,030 $37,269 $— $— $146,625 
Silver sales41,837 15,304 233 124 — — 57,498 
Metal sales85,964 30,503 50,263 37,393 — — 204,123 
Costs and Expenses
Costs applicable to sales(1)
49,063 37,953 39,311 24,352 — — 150,679 
Amortization9,737 4,961 9,369 2,248 1,259 391 27,965 
Exploration1,686 1,466 1,218 — (262)1,171 5,279 
Other operating expenses752 1,830 308 527 5,090 9,958 18,465 
Other income (expense)
Gain on debt extinguishment— — — — — — — 
Fair value adjustments, net— — — — — (62,810)(62,810)
Interest expense, net(11)(203)(421)(14)(50)(4,471)(5,170)
Other, net(3)
832 (43)(25)634 (230)(855)313 
Income and mining tax (expense) benefit(10,445)1,000 127 (972)— (1,212)(11,502)
Net Income (loss) $15,102 $(14,953)$(262)$9,914 $(6,367)$(80,868)$(77,434)
Segment assets(2)
$292,246 $689,215 $149,365 $90,645 $239,348 $163,190 $1,624,009 
Capital expenditures$10,060 $46,956 $8,828 $475 $5,703 $1,134 $73,156 
(1) Excludes amortization
(2) Segment assets include receivables, prepaids, inventories, property, plant and equipment, and mineral interests
(3) See Note 13 -- Additional Comprehensive Income (Loss) Detail for additional detail
Six Months Ended June 30, 2023PalmarejoRochesterKensingtonWharfSilvertip OtherTotal
Revenue
Gold sales$75,903 $28,685 $64,662 $79,206 $— $— $248,456 
Silver sales79,132 34,316 137 2,492 — — 116,077 
Metal sales155,035 63,001 64,799 81,698 — — 364,533 
Costs and Expenses
Costs applicable to sales(1)
95,856 68,933 76,531 51,373 — — 292,693 
Amortization16,736 8,867 10,645 3,214 2,242 599 42,303 
Exploration2,927 662 3,323 — (131)789 7,570 
Other operating expenses3,759 4,073 1,968 2,043 11,523 19,444 42,810 
Other income (expense)
Gain on debt extinguishment— — — — — 2,961 2,961 
Fair value adjustments, net— — — — — 6,639 6,639 
Interest expense, net300 (462)(855)(44)(40)(13,200)(14,301)
Other, net(3)
2,884 (492)(127)(331)(103)(12,711)(10,880)
Income and mining tax (expense) benefit(15,922)376 — (2,720)— (2,308)(20,574)
Net Income (loss) $23,019 $(20,112)$(28,650)$21,973 $(13,777)$(39,451)$(56,998)
Segment assets(2)
$311,609 $977,958 $160,145 $103,249 $217,831 $61,920 $1,832,712 
Capital expenditures$22,064 $113,420 $22,358 $271 $807 $709 $159,629 
(1) Excludes amortization
(2) Segment assets include receivables, prepaids, inventories, property, plant and equipment, and mineral interests
(3) See Note 13 -- Additional Comprehensive Income (Loss) Detail for additional detail

Six Months Ended June 30, 2022PalmarejoRochesterKensingtonWharfSilvertip OtherTotal
Revenue
Gold sales$84,201 $26,251 $94,089 $71,535 $— $— $276,076 
Silver sales84,836 30,621 478 516 — — 116,451 
Metal sales169,037 56,872 94,567 72,051 — — 392,527 
Costs and Expenses
Costs applicable to sales(1)
92,288 70,228 76,221 45,209 — — 283,946 
Amortization19,123 9,671 17,991 4,309 2,518 786 54,398 
Exploration3,296 3,408 1,620 — (262)2,635 10,697 
Other operating expenses1,673 3,661 923 1,039 11,584 21,269 40,149 
Other income (expense)
Gain on debt extinguishment— — — — — — — 
Fair value adjustments, net— — — — — (52,205)(52,205)
Interest expense, net(126)(381)(669)(27)(118)(8,417)(9,738)
Other, net(3)
493 (91)81 673 (235)1,129 2,050 
Income and mining tax (expense) benefit(22,520)965 127 (1,965)— 10,197 (13,196)
Net Income (loss) $30,504 $(29,603)$(2,649)$20,175 $(14,193)$(73,986)$(69,752)
Segment assets(2)
$292,246 $689,215 $149,365 $90,645 $239,348 $163,190 $1,624,009 
Capital expenditures$23,671 $80,006 $16,752 $1,836 $17,562 $2,831 $142,658 
(1) Excludes amortization
(2) Segment assets include receivables, prepaids, inventories, property, plant and equipment, and mineral interests
(3) See Note 13 -- Additional Comprehensive Income (Loss) Detail for additional detail

Assets June 30, 2023December 31, 2022
Total assets for reportable segments$1,832,712 $1,669,982 
Cash and cash equivalents56,845 61,464 
Other assets82,547 114,697 
Total consolidated assets$1,972,104 $1,846,143 
Geographic Information
Long-Lived Assets June 30, 2023December 31, 2022
United States$1,062,114 $899,960 
Mexico258,467 251,950 
Canada233,030 237,723 
Other122 122 
Total$1,553,733 $1,389,755 
RevenueThree months ended June 30,Six months ended June 30,
2023202220232022
United States$104,507 $118,159 $209,498 $223,490 
Mexico72,728 85,964 155,035 169,037 
Total177,235 $204,123 $364,533 $392,527