Note 2 - Business Segments and Sales of Products (Tables)

6 Months Ended

Jun. 30, 2024

Table Text Block [Abstract]

Schedule of Information About Reportable Segments

The following tables present information about our reportable segments sales for the three and six months ended June 30, 2024 and 2023 (in thousands):

	Three Months Ended June 30,						Six Months Ended June 30,
	2024			2023			2024			2023
Total sales to external customers:
Greens Creek	$	95,659		$	95,891		$	192,969		$	194,502
Lucky Friday		59,071			42,648			94,411			91,758
Keno Hill		28,950			1,581			39,797			1,581
Casa Berardi		58,623			36,946			100,207			87,944
Other		3,354			1,065			7,801			1,846
	$	245,657		$	178,131		$	435,185		$	377,631
Income (loss) from operations:
Greens Creek	$	36,189		$	30,414		$	62,405		$	61,655
Lucky Friday		39,312			10,526			62,265			25,096
Keno Hill		(3,708	)		(9,920	)		(12,793	)		(16,683	)
Casa Berardi		(9,717	)		(9,366	)		(27,712	)		(23,059	)
Other		(21,476	)		(16,843	)		(38,501	)		(36,645	)
	$	40,600		$	4,811		$	45,664		$	10,364
Reconciliation of income from operations to income (loss)                before income and mining taxes:
Income from operations:	$	40,600		$	4,811		$	45,664		$	10,364
Adjustments all attributable to the Other segment
Interest expense		(12,505	)		(10,311	)		(25,149	)		(20,476	)
Fair value adjustments, net		5,002			(2,558	)		3,150			623
Net foreign exchange gain (loss)		2,673			(3,850	)		6,655			(3,742	)
Other income		1,180			1,376			2,692			2,768
Income (loss) before income and mining taxes	$	36,950		$	(10,532	)	$	33,012		$	(10,463	)

The following table presents total assets by reportable segment as of June 30, 2024 and December 31, 2023 (in thousands):

	June 30, 2024		December 31, 2023
Total assets:
Greens Creek	$	576,058	$	569,369
Lucky Friday		573,484		578,110
Keno Hill		386,141		362,986
Casa Berardi		655,536		683,035
Other		748,545		817,604
	$	2,939,764	$	3,011,104

Schedule of Sales of Products by Metal

Sales by metal for the three and six months ended June 30, 2024 and 2023 were as follows (in thousands):

	Three Months Ended June 30,						Six Months Ended June 30,
	2024			2023			2024			2023
Silver	$	112,692		$	79,489		$	198,925		$	161,022
Gold		82,469			62,924			149,884			138,010
Lead		23,928			21,657			43,411			47,059
Zinc		32,496			25,903			57,460			58,846
Less: Smelter and refining charges		(9,282	)		(12,220	)		(22,296	)		(28,193	)
Total metal sales		242,303			177,753			427,384			376,744
Environmental remediation services		3,354			378			7,801			887
Total sales	$	245,657		$	178,131		$	435,185		$	377,631