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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED) - USD ($)
shares in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
REVENUE:    
Revenue $ 34,752,000 $ 25,542,000
OPERATING EXPENSES:    
Depreciation and depletion (6,896,000) (3,712,000)
Gross profit (loss) 4,443,000 (5,994,000)
OTHER OPERATING EXPENSES:    
Advanced projects - Los Azules (31,880,000) (9,756,000)
Advanced projects - Other (1,680,000) (1,379,000)
Exploration (5,900,000) (3,210,000)
General and administrative (3,441,000) (1,981,000)
Loss from investment in Minera Santa Cruz S.A. (Note 9) (3,461,000) (1,120,000)
Depreciation (282,000) (142,000)
Reclamation and remediation (Note 11) (630,000) (527,000)
Impairment loss on mineral property interests and plant and equipment 0  
Total other operating expenses (47,274,000) (18,115,000)
Operating loss (42,831,000) (24,109,000)
OTHER INCOME (EXPENSE):    
Interest and other finance income (expenses), net 8,464,000 (1,640,000)
Other (expense) income (Note 3) (2,579,000) 3,871,000
Total other income 5,885,000 2,231,000
Loss before income and mining taxes (36,946,000) (21,878,000)
Income and mining tax recovery 536,000 814,000
Net loss after income and mining taxes (36,410,000) (21,064,000)
Net (income) loss attributable to non-controlling interests (Note 17) (6,666,000) 334,000
Net loss and comprehensive loss attributable to McEwen shareholders $ (43,076,000) $ (20,730,000)
Net loss per share (Note 13):    
Basic (in dollars per share) $ (0.91) $ (0.45)
diluted (in dollars per share) $ (0.91) $ (0.45)
Weighted average common shares outstanding (thousands) (Note 13):    
Basic (in shares) 47,428 46,402
diluted (in shares) 47,428 46,402
Gold and silver sales    
REVENUE:    
Revenue $ 34,752,000 $ 25,542,000
Production costs applicable to sales    
OPERATING EXPENSES:    
Production costs applicable to sales $ (23,413,000) $ (27,824,000)