INVESTMENT IN MINERA SANTA CRUZ S.A. (“MSC”) - SAN JOSÉ MINE (Tables)

12 Months Ended

Dec. 31, 2015

INVESTMENT IN MINERA SANTA CRUZ S.A. ("MSC") - SAN JOSE MINE

Schedule of change in the entity's investment in MSC

	Year ended December 31, 2015		Year ended December 31, 2014
Investment in MSC, beginning of the year	$	177,018	$	212,947
Attributable net loss from MSC		(2,859)		(2,597)
Amortization of fair value increments		(10,669)		(13,190)
Income tax recovery		15,942		10,503
Dividend distribution received		(548)		(9,483)
Impairment of investment in MSC		(11,777)		(21,162)
Investment in MSC, end of the year	$	167,107	$	177,018

Summary of MSC's financial information from operations

	Year ended December 31,
	2015		2014		2013
Minera Santa Cruz S.A. (100%)
Net Sales	$	186,095	$	213,013	$	240,723
Production costs applicable to sales		(158,615)		(173,274)		(190,281)
Net (loss) income		(5,835)		(5,300)		4,338
Portion attributable to McEwen Mining Inc. (49%)
Net (loss) income	$	(2,859)	$	(2,597)	$	2,126
Amortization of fair value increments		(10,669)		(13,190)		(18,425)
Income tax recovery		15,942		10,503		17,145
Income (loss) from investment in MSC, net of amortization	$	2,414	$	(5,284)	$	846