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OPERATING SEGMENT REPORTING (Tables)

6 Months Ended

Jun. 30, 2022

Schedule of significant information relating to reportable operating segments


Three months ended June 30, 2022	USA		Canada		Mexico		MSC		Los Azules		Total
Revenue from gold and silver sales	$	9,996	$	20,246	$	405	$	—	$	—	$	30,647
Production costs applicable to sales		(8,305)		(11,260)		(3,378)		—		—		(22,943)
Depreciation and depletion		(943)		(2,526)		—		—		—		(3,469)
Gross profit (loss)		748		6,460		(2,973)		—		—		4,235

Advanced projects		(3)		(105)		(733)		—		(14,081)		(14,922)
Exploration		(1,244)		(2,621)		—		—		(428)		(4,293)
Income from investment in Minera Santa Cruz S.A.		—		—		—		2,511		—		2,511
Segment income (loss)	$	(499)	$	3,734	$	(3,706)	$	2,511	$	(14,509)	$	(12,469)
General and administrative and other												63
Loss before income and mining taxes											$	(12,406)

Capital expenditures	$	219	$	4,008	$	—	$	—	$	150	$	4,377

Six months ended June 30, 2022

USA

Canada

Mexico

MSC

Los Azules

Total

Revenue from gold and silver sales

21,739

33,141

1,309

—

56,189

Production costs applicable to sales

(22,477)

(19,907)

(8,383)

—

(50,767)

Depreciation and depletion

(1,760)

(5,421)

—

(7,181)

Gross profit (loss)

(2,498)

7,813

(7,074)

—

(1,759)

Advanced projects

(49)

(195)

(1,976)

—

(23,837)

(26,057)

Exploration

(2,695)

(4,321)

—

(487)

(7,503)

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

—

Income from investment in Minera Santa Cruz S.A.

—

1,391

—

1,391

Segment income (loss)

(5,242)

3,297

(9,050)

1,391

(24,324)

(33,928)

General and Administrative and other

(357)

Loss before income and mining taxes

(34,285)

Capital expenditures

496

7,554

—

384

8,434


Three months ended June 30, 2021	USA		Canada		Mexico		MSC		Los Azules		Total
Revenue from gold and silver sales	$	26,343	$	12,178	$	2,185	$	—	$	—	$	40,706
Production costs applicable to sales		(21,067)		(6,331)		(3,734)		—		—		(31,132)
Depreciation and depletion		(2,326)		(3,189)		—		—		—		(5,515)
Gross profit (loss)		2,950		2,658		(1,549)		—		—		4,059

Advanced projects		116		(564)		(375)		—		—		(823)
Exploration		(1,591)		(4,281)		(10)		—		(1,034)		(6,916)
Loss from investment in Minera Santa Cruz S.A.		—		—		—		(1,853)		—		(1,853)
Segment income (loss)	$	1,475	$	(2,187)	$	(1,934)	$	(1,853)	$	(1,034)	$	(5,533)
General and administrative and other												(1,478)
Loss before income and mining taxes											$	(7,011)

Capital expenditures	$	353	$	10,775	$	—	$	—	$	—	$	11,128


Six months ended June 30, 2021	USA		Canada		Mexico		MSC		Los Azules		Total
Revenue from gold and silver sales	$	39,236	$	20,739	$	4,471	$	—	$	—	$	64,446
Production costs applicable to sales		(34,623)		(12,987)		(7,111)		—		—		(54,721)
Depreciation and depletion		(4,068)		(6,584)		—		—		—		(10,652)
Gross profit (loss)		545		1,168		(2,640)		—		—		(927)

Advanced projects		32		(1,188)		(1,466)		—		—		(2,622)
Exploration		(2,455)		(7,716)		(17)		—		(1,684)		(11,872)
Loss from investment in Minera Santa Cruz S.A.		—		—		—		(2,427)		—		(2,427)
Segment loss	$	(1,878)	$	(7,736)	$	(4,123)	$	(2,427)	$	(1,684)	$	(17,848)
General and Administrative and other												(3,644)
Loss before income and mining taxes											$	(21,492)

Capital expenditures	$	1,110	$	20,342	$	—	$	—	$	—	$	21,452

Schedule of geographic information


	Long-lived Assets				Revenue ⁽¹⁾				Revenue ⁽¹⁾
	June 30,		December 31,		Three months ended June 30,				Six months ended June 30,
	2022		2021		2022		2021		2022		2021
USA	$	38,600	$	37,877	$	9,996	$	26,343	$	21,739	$	39,236
Canada		99,185		93,294		20,246		12,178		33,141		20,739
Mexico		26,558		26,561		405		2,185		1,309		4,471
Argentina ⁽²⁾		283,983		282,583		—		—		—		—
Total consolidated ⁽³⁾	$	448,326	$	440,315	$	30,647	$	40,706	$	56,189	$	64,446

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

(2)	Includes Investment in MSC and other subsidiaries of $92.1 million as of June 30, 2022 (December 31, 2021 – $90.9 million).

(3)	Total excludes $0.4 million related to the Company's Right of use office lease asset as the business activities related to corporate are not considered to be a part of the operating segments.