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

12 Months Ended

Dec. 31, 2018

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

Schedule of change in the entity's investment in MSC

	December 31, 2018		December 31, 2017
Investment in MSC, beginning of the period	$	150,064	$	162,320
Attributable net (loss) from MSC		(10,065)		(2,328)
Amortization of fair value increments		(9,730)		(9,632)
Income tax recovery		7,930		11,916
Dividend distribution received		(10,385)		(12,212)
Investment in MSC, end of the period	$	127,814	$	150,064

Summary of MSC's financial information from operations

	Year ended December 31,
	2018		2017			2016
Minera Santa Cruz S.A. (100%)
Net sales	$	205,366	$	227,093	$	235,961
Production costs applicable to sales		(178,089)		(177,180)		(173,679)
Other operating expenses		(21,083)		(20,956)		(21,770)
Other (expenses) income		(15,801)		(15,657)		10,425
Net (loss) income before tax	$	(9,607)	$	13,300	$	50,937
Current and deferred taxes		(10,934)		(18,050)		(18,363)
Net (loss) income	$	(20,541)	$	(4,750)	$	32,574
Portion attributable to McEwen Mining Inc. (49%)
Net (loss) income	$	(10,065)	$	(2,328)	$	15,961
Amortization of fair value increments		(9,730)		(9,632)		(12,274)
Income tax recovery		7,930		11,916		9,264
(Loss) income from investment in MSC, net of amortization	$	(11,865)	$	(44)	$	12,951