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OPERATING SEGMENT REPORTING (Tables)

3 Months Ended

Mar. 31, 2021

OPERATING SEGMENT REPORTING

Schedule of significant information relating to reportable operating segments

Three months ended March 31, 2021

USA

Canada

Mexico

MSC

Los Azules

Total

Revenue from gold and silver sales

$

12,893

$

8,561

$

2,286

$

—

$

—

$

23,740

Production costs applicable to sales

(13,557)

(6,656)

(3,376)

—

$

—

(23,589)

Depreciation and depletion

(1,741)

(3,395)

(1)

—

$

—

(5,137)

Gross (loss)

(2,405)

(1,490)

(1,091)

—

—

(4,986)

Advanced projects

(84)

(623)

(1,092)

—

$

—

(1,799)

Exploration

(864)

(3,434)

(8)

—

$

(650)

(4,956)

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

—

—

—

—

$

—

—

Loss from investment in Minera Santa Cruz S.A.

—

—

—

(574)

$

—

(574)

Segment loss

$

(3,353)

$

(5,547)

$

(2,191)

$

(574)

$

(650)

$

(12,315)

General and Administrative and other

(2,166)

Loss before income and mining taxes

$

(14,481)

Capital expenditures

$

757

$

9,567

$

—

$

—

$

—

$

10,324


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)

Impairment of mineral property interests and plant and equipment (Note 8)			(83,805)			—			—			—			—			(83,805)
Loss from investment in Minera Santa Cruz S.A.			—			—			—			(2,676)			—			(2,676)
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

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,
		2021			2020			2021			2020
USA		$	46,280		$	46,801		$	12,893		$	14,317
Canada			85,811			78,986			8,561			12,739
Mexico			20,018			20,021			2,286			4,344
Argentina ⁽²⁾			294,259			299,816			—			—
Total consolidated ⁽³⁾		$	446,368		$	445,624		$	23,740		$	31,400

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

(2)	Includes Investment in MSC of $102.8 million as of March 31, 2021 (December 31, 2020 – $108.3 million).

(3)	Total excludes $0.8 million related to the Company's ROU office lease asset as the business activities related to corporate are not considered to be a part of the operating segments.