XML 51 R40.htm IDEA: XBRL DOCUMENT v3.24.3
OPERATING SEGMENT REPORTING - Summary of Reportable Operating Segments (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Operating Segment Reporting        
Revenue from gold and silver sales $ 52,250 $ 38,404 $ 140,954 $ 107,551
Production costs applicable to sales (29,682) (26,468) (86,858) (80,043)
Depreciation and depletion (8,765) (8,181) (23,524) (23,370)
Gross profit (loss) 13,803 3,755 30,572 4,138
Advanced projects (2,468) (20,444) (7,912) (83,191)
Exploration (5,329) (4,674) (14,184) (16,426)
Income (loss) from equity method investments (3,080) (2,672) (31,929) (7,047)
Segment profit (loss) 2,926 (24,035) (23,453) (102,526)
General and administrative (2,138) (3,720) (10,672) (9,211)
Other expense (2,055) (862) (5,453)  
Other income       (864)
Loss before income and mining taxes (1,267) (28,617) (39,578) (110,873)
Capital expenditures 19,140 10,063 30,346 21,987
USA        
Operating Segment Reporting        
Revenue from gold and silver sales 33,251 17,967 88,215 45,526
Production costs applicable to sales (17,078) (14,399) (49,515) (41,446)
Depreciation and depletion (4,235) (2,647) (10,705) (7,170)
Gross profit (loss) 11,938 921 27,995 (3,090)
Exploration (3,474) (1,813) (7,102) (4,133)
Segment profit (loss) 8,464 (892) 20,893 (7,223)
Capital expenditures 11,307 5,211 12,756 11,437
Canada        
Operating Segment Reporting        
Revenue from gold and silver sales 18,999 20,259 51,539 61,847
Production costs applicable to sales (12,604) (12,069) (37,343) (38,597)
Depreciation and depletion (4,530) (5,534) (12,819) (16,200)
Gross profit (loss) 1,865 2,656 1,377 7,050
Exploration (1,855) (2,861) (7,082) (11,907)
Segment profit (loss) 10 (205) (5,705) (4,857)
Capital expenditures 7,343 2,574 15,547 6,757
Mexico        
Operating Segment Reporting        
Revenue from gold and silver sales   178 1,200 178
Gross profit (loss)   178 1,200 178
Advanced projects (2,468) (1,966) (7,912) (4,308)
Segment profit (loss) (2,468) (1,788) (6,712) (4,130)
Capital expenditures 490 705 2,043 705
MSC        
Operating Segment Reporting        
Income (loss) from equity method investments (1,228) (2,672) 4,751 (7,047)
Segment profit (loss) (1,228) (2,672) 4,751 (7,047)
McEwen Copper        
Operating Segment Reporting        
Advanced projects   (18,478)   (78,883)
Exploration       (386)
Income (loss) from equity method investments (1,852)   (36,680)  
Segment profit (loss) $ (1,852) (18,478) $ (36,680) (79,269)
Capital expenditures   $ 1,573   $ 3,088