CASH, CASH EQUIVALENTS AND RESTRICTED CASH

9 Months Ended

Sep. 30, 2021

CASH AND CASH EQUIVALENTS AND RESTRICTED CASH

CASH AND CASH EQUIVALENTS AND RESTRICTED CASH

NOTE 17 CASH, CASH EQUIVALENTS AND RESTRICTED CASH

The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported in the Consolidated Balance Sheets to the amounts disclosed in the Consolidated Statements of Cash Flows:

	September 30, 2021		December 31, 2020
Cash and cash equivalents	$	63,144	$	20,843
Restricted cash - current		2,550		-
Restricted cash - non-current		3,625		3,595
Total cash, cash equivalents, and restricted cash	$	69,319	$	24,438

Cash and cash equivalents include $40.0 million from the first tranche of private placement for the advancement of the operations of McEwen Copper. Note 14 details the related party nature of the first tranche.

The current portion of restricted cash are proceeds received as at September 30, 2021 as part of the Company’s ongoing second tranche financing for McEwen Copper. The non-current portion of restricted cash includes deposits related to the Company’s reclamation obligations and surety facility (Note 16).