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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
REVENUE:      
Revenue from gold and silver sales $ 174,477 $ 166,231 $ 110,417
OPERATING EXPENSES:      
Production costs applicable to sales (113,313) (119,230) (91,260)
Depreciation and depletion (30,229) (29,221) (19,701)
Gross profit (loss) 30,935 17,780 (544)
OTHER OPERATING EXPENSES:      
Advanced projects - Los Azules   (76,345) (61,148)
Advanced projects - Other (7,152) (6,292) (5,580)
Exploration (16,546) (20,167) (14,973)
General and administrative (17,165) (15,449) (11,890)
Depreciation (634) (1,138) (733)
Reclamation and remediation (2,054) (2,693) (3,345)
Total other operating expenses (81,507) (179,843) (94,893)
Operating loss (50,572) (162,063) (95,437)
OTHER INCOME (EXPENSE):      
Interest and other finance (expense) income, net (4,595) 36,918 (7,789)
Other income (expense) (Note 18) 2,651 (29,976) 22,938
Dilution gain from investments in McEwen Copper Inc. (Note 9) 5,777    
Gain on deconsolidation of McEwen Copper Inc. (Note 9)   222,157  
Total other income 3,833 229,099 15,149
(Loss) income before income and mining taxes (46,739) 67,036 (80,288)
Income and mining tax recovery (expense) (Note 19) 3,048 (33,859) (5,806)
Net (loss) income after income and mining taxes (43,691) 33,177 (86,094)
Net loss attributable to non-controlling interests   22,122 5,019
Net (loss) income and comprehensive (loss) income attributable to McEwen shareholders $ (43,691) $ 55,299 $ (81,075)
Net (loss) income per share (Note 14):      
Basic (in dollars per share) $ (0.86) $ 1.16 $ (1.71)
Diluted (in dollars per share) $ (0.86) $ 1.16 $ (1.71)
Weighted average common shares outstanding (thousands) (Note 14):      
Basic (in shares) 51,021 47,544 47,427
Diluted (in shares) 51,021 47,544 47,427
McEwen Copper      
OTHER OPERATING EXPENSES:      
Advanced projects - Other $ (114,544)    
Income (loss) from equity method investments (46,977) $ (57,821)  
OTHER INCOME (EXPENSE):      
Interest and other finance (expense) income, net 19,130    
Dilution gain from investments in McEwen Copper Inc. (Note 9) 5,800    
(Loss) income before income and mining taxes (98,979)    
Net (loss) income and comprehensive (loss) income attributable to McEwen shareholders (98,979)    
Minera Santa Cruz S.A.      
REVENUE:      
Revenue from gold and silver sales 310,411 254,926 $ 254,698
OPERATING EXPENSES:      
Depreciation and depletion (51,188) (58,935) (32,200)
OTHER OPERATING EXPENSES:      
Income (loss) from equity method investments 9,021 62 2,776
OTHER INCOME (EXPENSE):      
(Loss) income before income and mining taxes 31,184 5,434 11,642
Income and mining tax recovery (expense) (Note 19) 37 517 628
Net (loss) income and comprehensive (loss) income attributable to McEwen shareholders $ 24,636 $ 8,485 $ 12,863