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

9 Months Ended

Sep. 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 nine months ended September 30, 2024 and 2023 (in thousands):

	Three Months Ended September 30,						Nine Months Ended September 30,
	2024			2023			2024			2023
Total sales to external customers:
Greens Creek	$	116,568		$	96,459		$	309,537		$	290,961
Lucky Friday		51,072			21,409			145,483			113,167
Keno Hill		19,809			16,001			59,606			17,582
Casa Berardi		50,308			46,912			150,515			134,856
Other		7,328			1,125			15,129			2,971
	$	245,085		$	181,906		$	680,270		$	559,537
Income (loss) from operations:
Greens Creek	$	37,916		$	31,169		$	100,321		$	92,824
Lucky Friday		12,552			(4,935	)		74,817			20,161
Keno Hill		(12,674	)		(7,462	)		(25,467	)		(24,145	)
Casa Berardi		3,403			(12,433	)		(24,309	)		(35,492	)
Other		(18,722	)		(18,980	)		(57,223	)		(55,625	)
	$	22,475		$	(12,641	)	$	68,139		$	(2,277	)
Reconciliation of income (loss) from operations to income (loss) before income and mining taxes:
Income (loss) from operations:	$	22,475		$	(12,641	)	$	68,139		$	(2,277	)
Adjustments all attributable to the Other segment
Interest expense		(10,901	)		(10,710	)		(36,050	)		(31,186	)
Fair value adjustments, net		3,654			(6,397	)		6,804			(5,774	)
Net foreign exchange (loss) gain		(3,246	)		4,176			3,409			434
Other income		1,229			1,657			3,921			4,425
Income (loss) before income and mining taxes	$	13,211		$	(23,915	)	$	46,223		$	(34,378	)

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

	September 30, 2024		December 31, 2023
Total assets:
Greens Creek	$	566,552	$	569,369
Lucky Friday		563,833		578,110
Keno Hill		401,587		362,986
Casa Berardi		666,259		683,035
Other		757,480		817,604
	$	2,955,711	$	3,011,104

Schedule of Sales of Products by Metal

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

	Three Months Ended September 30,						Nine Months Ended September 30,
	2024			2023			2024			2023
Silver	$	109,756		$	74,425		$	308,681		$	235,447
Gold		79,239			70,206			229,123			208,216
Lead		21,591			15,719			65,002			62,778
Zinc		37,281			33,066			94,741			91,912
Copper		409			—			409			—
Less: Smelter and refining charges		(10,518	)		(12,550	)		(32,814	)		(40,743	)
Total metal sales		237,758			180,866			665,142			557,610
Environmental remediation services		7,327			1,040			15,128			1,927
Total sales	$	245,085		$	181,906		$	680,270		$	559,537