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

12 Months Ended

Dec. 31, 2017

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

Schedule of change in the entity's investment in MSC

	December 31, 2017		December 31, 2016
Investment in MSC, beginning of the period	$	162,320	$	167,107
Attributable net income from MSC		(2,328)		15,961
Amortization of fair value increments		(9,632)		(12,274)
Income tax recovery		11,916		9,264
Dividend distribution received		(12,212)		(17,738)
Investment in MSC, end of the period	$	150,064	$	162,320

Summary of MSC's financial information from operations

	Year ended December 31,
	2017		2016			2015
Minera Santa Cruz S.A. (100%)
Net Sales	$	227,093	$	235,961	$	186,095
Production costs applicable to sales		(177,180)		(173,679)		(158,615)
Net (loss) income		(4,750)		32,574		(5,835)
Portion attributable to McEwen Mining Inc. (49%)
Net (loss) income	$	(2,328)	$	15,961	$	(2,859)
Amortization of fair value increments		(9,632)		(12,274)		(10,669)
Income tax recovery		11,916		9,264		15,942
(Loss) income from investment in MSC, net of amortization	$	(44)	$	12,951	$	2,414