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OPERATING SEGMENT REPORTING (Tables)

3 Months Ended

Mar. 31, 2020

OPERATING SEGMENT REPORTING

Schedule of the financial information relating to the Company's segments

Three months ended March 31, 2020

USA

Canada

Mexico

MSC

Los Azules

Total

Revenue from gold and silver sales

$

14,317

$

12,739

$

4,344

$

—

$

—

$

31,400

Production costs applicable to sales

(17,032)

(7,207)

(4,148)

—

—

(28,387)

Depreciation and depletion

(3,862)

(2,748)

(88)

—

—

(6,698)

Gross (loss) profit

(6,577)

2,784

108

—

—

(3,685)

Advanced projects

(366)

(1,066)

(1,118)

—

—

(2,550)

Exploration

(809)

(2,405)

—

—

(576)

(3,790)

Loss from investment in Minera Santa Cruz S.A.

—

—

—

(2,676)

—

(2,676)

Impairment of mineral property interests and plant and equipment (note 8)

(83,805)

—

—

—

—

(83,805)

Segment loss

$

(91,557)

$

(687)

$

(1,010)

$

(2,676)

$

(576)

$

(96,506)

General and Administrative and other

(3,779)

Loss before income and mining taxes

$

(100,285)

Capital expenditures

$

1,807

3,729

—

—

—

$

5,536


Three months ended March 31, 2019		USA			Canada			Mexico			MSC			Los Azules			Total
Revenue from gold and silver sales		$	842		$	8,943		$	5,798		$	—		$	—		$	15,583
Production costs applicable to sales			(808)			(5,835)			(4,505)			—			—			(11,148)
Depreciation and depletion			(152)			(2,710)			(144)			—			—			(3,006)
Gross (loss) profit			(118)			398			1,149			—			—			1,429

Advanced projects			(195)			—			(2,452)			—			—			(2,647)
Exploration			(613)			(2,420)			—			—			(1,117)			(4,150)
Loss from investment in Minera Santa Cruz S.A.			—			—			—			(2,310)			—			(2,310)
Segment (loss)		$	(926)		$	(2,022)		$	(1,303)		$	(2,310)		$	(1,117)		$	(7,678)
General and Administrative and other																		(2,340)
Loss before income and mining taxes																	$	(10,018)

Capital expenditures		$	13,008		$	3,343		$	—		$	—		$	—		$	16,351

Schedule Of Geographic Information

Geographic information

Geographic information includes the long-lived assets balance and revenues presented for the Company’s operating segments, as follows:


		Long-lived Assets						Revenue ⁽¹⁾
		March 31,			December 31,			Three months ended March 31,
		2020			2019			2020			2019
USA		$	50,599		$	135,854		$	14,317		$	842
Canada			78,505			77,147			12,739			8,943
Mexico			21,457			23,551			4,344			5,798
Argentina ⁽²⁾			298,997			302,598			—			—
Total consolidated ⁽³⁾		$	449,558		$	539,150		$	31,400		$	15,583

(1)	Presented based on the location from which the product originated.

(2)	Includes Investment in MSC of $107.5 million as of March 31, 2020 (December 31, 2019 – $110.2 million).

(3)	Total excludes $0.9 million related to the Company's office lease asset as the business activities related to corporate are not considered to be a part of the operating segments.