Mcewen mining inc. (MUX)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Net loss

-59,747

-44,870

-10,634

21,055

-20,450

-311,943

-147,742

-66,654

-61,872

-33,091

-27,698

Adjustments to reconcile net loss from operating activities:
Impairment of investment in Minera Santa Cruz S.A.

-

-

-

-

11,777

21,162

95,878

-

-

-

-

Gain on sale of assets

-

-

-

-

-

-

-

-

-

29

-526

Impairment of mineral property interests and plant and equipment (note 8)

-

-

711

-

50,600

353,736

62,963

18,468

-

5,878

16,580

Loss from investment in Minera Santa Cruz S.A., net of amortization (note 9)

-8,754

-11,865

-44

12,951

2,414

-5,284

846

20,835

-

-

-

Unrealized foreign exchange loss (gain) and adjustment to estimate (note 12)

-919

1,903

-1,008

-

-

-

-

-

-

-

-

Accretion of asset retirement obligation

-

-

-

-

-

407

461

447

524

515

762

Adjustment to the asset retirement obligation estimate (note 6)

-

-

-

1,530

135

-

-

-

-

-

-

Depreciation and amortization

25,543

16,425

6,576

2,413

1,288

1,236

1,530

-

-

-

-

Loss (gain) on investments (note 5)

5,259

-3,324

257

519

-

-

-223

3,075

2,075

-

-

Other-than-temporary impairment on marketable equity securities (note 2)

-

-

-

-

-

-

-

1,993

-

-

-

Gain (loss) on disposal of fixed assets

-96

-77

11

-517

13

26

-6,743

1,110

36

-

-

Lease incentive

-

-

-

-

-

-328

-

-

-

-

-

Income and mining tax (recovery) expense

-3,844

-2,770

-15,675

-3,749

-24,560

-107,170

-53,365

-27,244

-180

-1,998

-6,376

Loss (gain) on sale of marketable securities (note 3)

-

-

-

-

-

-

-

-70

19

-

-

Stock-based compensation

694

269

1,309

1,039

1,305

1,324

1,382

3,405

2,671

1,595

1,292

Depreciation

-

-

-

1,169

942

979

942

1,033

577

454

625

Revision of estimates and accretion of asset retirement obligations (note 11)

3,531

3,464

2,061

595

429

-

-

-

-

-

-

Foreign exchange (gain) loss

-

-

-

-273

-348

-833

-1,376

-366

-279

357

1,558

Gain on litigation settlement

-

-

-

-

-

-

560

-3,830

-

-

-

Investment in gold and silver bullion

-

-

-

-

-

-

-

-

31,299

1,810

2,760

Proceeds from sale of gold and silver bullion held as investments

-

-

-

-

-

-

1,467

23,836

11,739

-

-

Unrealized loss on gold and silver bullion held as investments

-

-

-

-

-

-

-

-359

-3,394

-

-

Other operating adjustments and write-downs

-

-

-

-

-

-

-

-

-82

-

77

Change in non-cash working capital items:
Shares issued to supplier for settlement of accounts payable

-

-

-

-

443

1,004

-

-

-

-

-

(Increase) decrease in VAT taxes receivable, net of collection of $126 (2018 - $1,968)

-

-

-

5,813

1,707

-148

-2,441

-6,167

-

-

-

Decrease (increase) in other assets related to operations

17,484

-20,896

13,701

11,156

3,003

3,638

703

-3,992

5,042

292

-231

(Decrease) in liabilities related to operations

7,270

-6,290

923

1,419

-3,485

10,891

-11,528

10,253

2,704

1,403

240

Interest received

-

-

-

276

287

464

262

228

94

112

127

Investment in gold and silver bullion

-

-

-

-

-

-

-

-

31,299

1,810

2,760

Proceeds from sale of gold and silver bullion held as investments

-

-

-

-

-

-

1,467

23,836

11,739

-

-

Lease incentive received

-

-

-

-

-

-328

-

-

-

-

-

Cash used in operating activities

-39,527

487

-27,646

7,448

15,597

-14,906

-42,394

-47,670

-78,553

-25,922

-15,453

Cash flows from investing activities:
Additions to mineral property interests and plant and equipment

29,707

81,321

8,569

5,985

-

-

150

712

10,059

1,300

-

Additions to mineral property interests, plant and equipment and construction in progress

-

-

-

1,174

777

2,788

4,306

1,879

7,973

1,978

325

Short-term investments (net)

-

-

-

-

-

-

-

3,933

-3,933

12,946

-12,946

Proceeds from disposal of property and equipment

-

84

33

994

13

38

1,455

3,143

51

49

713

Investment in marketable equity securities (note 5)

-

1,384

-

4,419

1,114

446

-

-

284

4,023

-

Proceeds from sale of investments (note 5)

6,769

2,895

2,155

470

-

-

-

-

-

-

-

Dividends received from Minera Santa Cruz S.A. (note 9)

8,877

10,385

12,212

17,738

-

-

-

-

-

-

-

Proceeds from sale of investments (note 3)

-

-

-

-

-

-

-

409

1,853

-

-

Decrease in restricted time deposits for reclamation bonding

-

-

-

-

-

-5,183

-

-6

413

-

-161

Deposits for surety bonds for reclamation bonding

-

-

-

-

-

481

-

-

-

-

-

Cash used in investing activities

-14,061

-69,341

-22,260

7,624

-1,878

1,506

-3,001

41,237

-20,758

3,884

-15,157

Cash and short-term investments received from acquisition of Minera Andes Inc.

-

-

-

-

-

-

-

36,337

-

-

-

Cash flows from financing activities:
Proceeds from sale of units, net of share issue costs (note 12)

69,467

-

43,222

-

-

-

-

60,419

105,415

-

46,301

Sale of flow-through common shares, net of share issue costs (note 13)

-

14,095

9,443

-

-

-

-

-

-

-

-

Proceeds of loan from related party (note 11 and note 15)

-

25,000

-

-

-

-

-

-

-

-

-

Proceeds of loan (note 11)

-

25,000

-

-

-

-

-

-

-

-

-

Debt issuance costs and lender fees (note 11)

-

908

-

-

-

-

-

-

-

-

-

Proceeds of at-the-market common stock issuance (note 12)

1,851

918

-

-

-

-

-

-

-

-

-

Proceeds of exercise of stock options

544

192

121

3,730

-

2,292

171

3,885

773

-

-

Payment of finance lease obligations

1,855

485

-

-

-

-

-

-

-

-

-

Shareholders' distribution (note 13)

-

3,372

3,059

2,986

1,503

-

-

-

-

-

-

Proceeds from short-term bank indebtedness

-

-

-

-

5,171

-

-

-

-

-

-

Repayment of short-term bank indebtedness

-

-

-

3,395

1,776

-

-

-

-

-

-

Share repurchase (note 10)

-

-

-

582

1,769

-

-

-

-

-

-

Exercise of stock options and warrants

-

-

-

-

-

-

-

-

-

809

141

Cash (used in) provided by financing activities

70,007

60,440

49,727

-3,233

123

2,292

171

64,304

106,188

809

46,442

Effect of exchange rate change on cash and cash equivalents.

-408

1,750

-108

-273

-348

-833

-1,376

-366

-279

357

1,558

(Decrease) in cash, cash equivalents and restricted cash

16,011

-6,664

-287

11,566

13,494

-11,941

-46,600

57,505

6,598

-20,872

17,390

Supplemental disclosure of cash flow information:
Cash paid to suppliers and employees

-

-

-

52,340

55,260

68,993

-90,365

87,061

59,087

26,034

15,580

Cash flow from revenues

-

-

-

59,517

70,178

43,812

44,416

5,557

-

-

-

Dividends received from Minera Santa Cruz S.A. (note 5)

-

-

-

-

548

9,483

1,826

9,770

-

-

-

Interest paid

5,218

1,923

-

5

156

-

-

-

-

-

-

Interest received

133

372

501

-

-

-

-

-

-

-

-

Shares issued to terminate back-in-right

-

-

-

-

-

1,352

-

-

-

-

-

Dividends received from Minera Santa Cruz S.A. (note 5)

-

-

-

-

548

9,483

1,826

9,770

-

-

-

Cash used in operating activities

-39,527

487

-27,646

7,448

15,597

-14,906

-42,394

-47,670

-78,553

-25,922

-15,453

Lexam VG Gold
Acquisition costs, net of cash and cash equivalents acquired (note 22)

-

-

840

-

-

-

-

-

-

-

-

Black Fox
Acquisition costs, net of cash and cash equivalents acquired (note 22)

-

-

27,251

-

-

-

-

-

-

-

-