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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
REVENUE:        
Revenue $ 34,395 $ 30,647 $ 69,147 $ 56,189
OPERATING EXPENSES:        
Depreciation and depletion (8,293) (3,469) (15,189) (7,181)
Gross profit (loss) (3,468) 4,235 975 (1,759)
OTHER OPERATING EXPENSES:        
Advanced projects - Los Azules (28,524) (14,081) (60,405) (23,837)
Advanced projects - Other (1,275) (841) (2,954) (2,220)
Exploration (5,852) (4,293) (11,752) (7,503)
General and administrative (2,050) (2,456) (5,491) (4,437)
Income (loss) from investment in Minera Santa Cruz S.A. (Note 9) (914) 2,511 (4,375) 1,391
Depreciation (309) (138) (591) (280)
Reclamation and remediation (Note 11) (620) (1,506) (1,250) (2,033)
Total other operating expenses (39,544) (20,804) (86,818) (38,919)
Operating loss (43,012) (16,569) (85,843) (40,678)
OTHER INCOME (EXPENSE):        
Interest and other finance income (expenses), net 19,577 (1,639) 28,041 (3,279)
Other (expense) income (Note 3) (21,875) 5,802 (24,454) 9,672
Total other income (2,298) 4,163 3,587 6,393
Loss before income and mining taxes (45,310) (12,406) (82,256) (34,285)
Income and mining tax recovery 2,049   2,585 815
Net loss after income and mining taxes (43,261) (12,406) (79,671) (33,470)
Net (income) loss attributable to non-controlling interests (Note 17) 21,634 (46) 14,968 288
Net loss and comprehensive loss attributable to McEwen shareholders $ (21,627) $ (12,452) $ (64,703) $ (33,182)
Net loss per share (Note 13):        
Basic (in dollars per share) $ (0.46) $ (0.26) $ (1.36) $ (0.71)
Diluted (in dollars per share) $ (0.46) $ (0.26) $ (1.36) $ (0.71)
Weighted average common shares outstanding (thousands) (Note 13):        
Basic (in shares) 47,428 47,427 47,428 46,917
Diluted (in shares) 47,428 47,427 47,428 46,917
Gold and silver sales        
REVENUE:        
Revenue $ 34,395 $ 30,647 $ 69,147 $ 56,189
Production costs applicable to sales        
OPERATING EXPENSES:        
Production costs applicable to sales $ (29,570) $ (22,943) $ (52,983) $ (50,767)