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Note 2 -Business Segments and Sales of Products (Tables)
3 Months Ended
Mar. 31, 2023
Table Text Block [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]

The following tables present information about our reportable segments metal sales for the three months ended March 31, 2023 and 2022 (in thousands):

 

 

Three Months Ended
March 31,

 

 

 

2023

 

 

2022

 

Net sales to unaffiliated customers:

 

 

 

 

 

 

Greens Creek

 

$

98,611

 

 

$

86,090

 

Lucky Friday

 

 

49,110

 

 

 

38,040

 

Keno Hill

 

 

 

 

 

 

Casa Berardi

 

 

50,998

 

 

 

62,101

 

Nevada Operations

 

 

272

 

 

 

268

 

Other

 

 

509

 

 

 

 

 

 

$

199,500

 

 

$

186,499

 

Income (loss) from operations:

 

 

 

 

 

 

Greens Creek

 

$

31,241

 

 

$

34,586

 

Lucky Friday

 

 

14,568

 

 

 

8,771

 

Keno Hill

 

 

(6,763

)

 

 

 

Casa Berardi

 

 

(13,693

)

 

 

(2,699

)

Nevada Operations

 

 

(5,410

)

 

 

(12,231

)

Other

 

 

(14,390

)

 

 

(13,669

)

 

 

$

5,553

 

 

$

14,758

 

 

The following table presents identifiable assets by reportable segment as of March 31, 2023 and December 31, 2022 (in thousands):

 

 

March 31, 2023

 

 

December 31, 2022

 

Identifiable assets:

 

 

 

 

 

 

Greens Creek

 

$

582,855

 

 

$

582,687

 

Lucky Friday

 

 

553,447

 

 

 

571,510

 

Keno Hill

 

 

303,340

 

 

 

276,096

 

Casa Berardi

 

 

693,763

 

 

 

681,631

 

Nevada Operations

 

 

465,037

 

 

 

466,722

 

Other

 

 

327,182

 

 

 

348,526

 

 

 

$

2,925,624

 

 

$

2,927,172

 

 

 

Revenue from External Customers by Products and Services [Table Text Block]

Sales by metal for the three month periods ended March 31, 2023 and 2022 were as follows (in thousands):

 

 

Three Months Ended March 31,

 

 

 

2023

 

 

2022

 

Silver

 

$

81,532

 

 

$

66,332

 

Gold

 

 

75,087

 

 

 

77,168

 

Lead

 

 

25,402

 

 

 

19,564

 

Zinc

 

 

32,943

 

 

 

35,638

 

Less: Smelter and refining charges

 

 

(15,973

)

 

 

(12,203

)

 

 

$

198,991

 

 

$

186,499

 

 

Sales of metals for the three month periods ended March 31, 2023 and 2022, included a net gain of $0.9 million and a net loss of $4.8 million, respectively, on financially-settled forward option contracts for silver, gold, lead and zinc. See Note 8 for more information.