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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
REVENUE:    
Revenue from gold and silver sales $ 41,228 $ 34,752
OPERATING EXPENSES:    
Production costs applicable to sales (25,110) (23,413)
Depreciation and depletion (10,107) (6,896)
Gross profit 6,011 4,443
OTHER OPERATING EXPENSES:    
Advanced projects - Los Azules   (31,880)
Advanced projects - Other (2,454) (1,680)
Exploration (3,871) (5,900)
General and administrative (4,073) (3,441)
Income (loss) from investment (Note 9) (16,734) (3,461)
Depreciation (171) (282)
Reclamation and remediation (Note 11) (690) (630)
Total other operating expenses (27,993) (47,274)
Operating loss (21,982) (42,831)
OTHER INCOME (EXPENSE):    
Interest and other finance income (expenses), net (870) 8,464
Other expense (Note 3) (88) (2,579)
Total other income (expense) (958) 5,885
Loss before income and mining taxes (22,940) (36,946)
Income and mining tax recovery 2,557 536
Net loss after income and mining taxes (20,383) (36,410)
Net income attributable to non-controlling interests   (6,666)
Net loss and comprehensive loss attributable to McEwen shareholders $ (20,383) $ (43,076)
Net loss per share (Note 12):    
Basic (in dollars per share) $ (0.41) $ (0.91)
Diluted (in dollars per share) $ (0.41) $ (0.91)
Weighted average common shares outstanding (thousands) (Note 12):    
Basic (in shares) 49,440 47,428
Diluted (in shares) 49,440 47,428
McEwen Copper Inc.    
OTHER OPERATING EXPENSES:    
Income (loss) from investment (Note 9) $ (18,012)  
OTHER INCOME (EXPENSE):    
Interest and other finance income (expenses), net 16,454  
Loss before income and mining taxes 37,737  
Net loss and comprehensive loss attributable to McEwen shareholders 37,737  
Minera Santa Cruz S.A.    
REVENUE:    
Revenue from gold and silver sales 65,927 $ 45,740
OPERATING EXPENSES:    
Depreciation and depletion (8,926) (8,230)
OTHER OPERATING EXPENSES:    
Income (loss) from investment (Note 9) 1,278 (3,461)
OTHER INCOME (EXPENSE):    
Loss before income and mining taxes 8,514 (8,800)
Income and mining tax recovery 191 110
Net loss and comprehensive loss attributable to McEwen shareholders 3,667 (5,485)
Gold and silver sales    
REVENUE:    
Revenue from gold and silver sales $ 41,228 $ 34,752