Mcewen mining inc. (MUX)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Net loss

-99,191

-25,132

-11,465

-13,014

-10,136

-20,989

-13,290

-5,380

-5,211

2,166

-8,072

-1,710

-3,018

-

-

-

12,985

-14,988

2,633

-14,116

6,021

-212,775

-13,033

-104,022

17,887

-11,343

3,264

-128,681

-10,982

-26,285

-2,654

-20,364

-17,351

-16,304

-23,680

-13,154

-8,734

Adjustments to reconcile net loss from operating activities:
Gain on sale of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

10

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

83,800

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-2,676

-1,979

-328

-4,137

-2,310

-4,415

-4,973

-2,265

-212

491

-462

-263

190

-838

4,693

4,133

4,963

6,378

-1,641

-2,652

329

-5,434

-4,441

-2,438

7,029

594

2,040

-1,551

-237

5,867

11,240

679

3,049

-

-

-

-

Accretion of asset retirement obligation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

124

-

-

-

101

-

-

-

101

114

113

121

113

105

110

120

112

124

134

137

129

Adjustment to the asset retirement obligation estimate (note 6)

-

-

-

-

-

-

-

-

-359

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

6,757

7,385

11,390

3,582

3,186

4,149

4,088

4,061

4,127

5,063

448

532

533

568

701

822

322

322

322

322

322

313

297

304

322

286

288

287

669

-

-

-

-

-

-

-

-

Loss (gain) on investments (note 5)

-898

287

3,220

925

827

-798

-24

233

-2,735

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1,233

434

1,408

408

1,143

0

524

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

597

285

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain (loss) on disposal of fixed assets

-

-

-

-

-

-

-

-

-

0

0

0

11

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-155

1,135

128

2

-

-

-

-

Income and mining tax (recovery) expense

-1,094

-1,269

-2,192

-501

118

2,121

-1,613

-2,141

-1,137

-12,608

-564

153

-2,656

-419

-607

-856

-1,867

-9,457

-1,619

-12,321

-1,163

-54,465

-8,714

-25,034

-18,957

-22,340

-12,157

-12,405

-6,463

-12,325

-6,369

-6,277

-2,273

-

-

-

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

22

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock-based compensation

88

213

284

136

61

87

-214

193

203

227

337

415

330

269

279

138

353

258

293

345

409

472

243

229

380

417

279

308

378

560

710

562

1,573

766

683

751

471

Depreciation

-

-

-

-

-

-

-

-

-

-

316

482

327

360

312

258

239

251

211

208

272

286

239

229

225

211

204

245

282

283

266

263

221

139

179

139

120

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

660

2,148

495

427

461

2,568

314

288

294

-

-

-

105

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Foreign exchange (gain) loss

868

-

54

-82

-301

-

183

266

314

-

97

-31

65

-353

-4

-18

102

-201

46

-73

-120

-117

-410

289

-595

-557

374

-679

-514

-210

-58

120

-218

799

-1,268

-178

368

Gain on litigation settlement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

560

-

-

-

-

-

-

-

-

Investment in gold and silver bullion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1

1

1,130

30,169

Unrealized loss (gain) on derivative investments (note 2)

-

-

-

-

-

-

-

-

-

-

-933

-722

1,791

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in non-cash working capital items:
(Increase) decrease in VAT taxes receivable, net of collection of $126 (2018 - $1,968)

-

-

-

-

-

-

-

-

151

-

370

-1,939

-2,040

-946

-818

1,672

5,905

823

-400

-50

1,334

-865

3,609

-1,402

-1,490

-

-

-

-

-

-

-

-

-

-

-

-

Decrease (increase) in other assets related to operations

-1,234

4,345

10,244

-2,980

5,875

-8,655

-5,749

-2,155

-4,337

9,340

1,317

-611

3,655

3,000

4,852

3,510

-206

3,247

-7,046

6,673

129

3,296

-1,282

1,257

367

-375

-456

973

561

-10,672

3,870

790

2,020

3,322

-591

1,158

1,153

Dividend receivable obtained from acquisition of Minera Andes Inc.

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

9,363

-

-

-

-

(Decrease) in liabilities related to operations

-6,873

1,579

1,956

4,155

-420

268

-1,521

-6,236

1,199

-2,462

6,669

-6,040

2,756

889

2,152

-239

-1,383

-1,771

-707

336

-1,343

2,004

6,447

1,936

504

610

-1,522

-1,995

-8,621

14,028

-1,051

-953

-1,771

-138

2,007

11

824

Interest received

-

-

-

-

-

-

180

46

50

-

-6

84

34

54

1

1

220

277

-77

-11

98

8

347

34

75

123

0

68

71

103

0

0

125

44

19

22

9

Investment in gold and silver bullion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1

1

1,130

30,169

Cash used in operating activities

-11,908

-17,611

-12,764

1,669

-10,821

1,321

-1,455

-5,616

6,237

-11,228

161

-9,729

-6,850

-16,963

4,858

4,845

14,708

-1,039

10,669

352

5,615

-5,493

-2,317

-3,212

-3,884

-5,594

-2,125

-9,681

-24,994

-8,025

3,011

-26,269

-16,387

-38,360

-17,852

-13,096

-9,245

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

5,503

2,680

2,543

7,972

16,512

-

-

-

-

-

-

-

-

35

0

5,500

450

-

-

-

-

-

-

-

-

0

0

0

150

0

149

171

392

231

9,036

566

226

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

-

-

-

-

-

-

-

-

10,832

-

6

588

350

88

834

107

145

242

102

241

192

97

394

1,926

371

596

3,485

50

175

110

111

384

1,274

196

581

6,800

396

Short-term investments (net)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

3,095

838

-

-

-

-

Proceeds from disposal of property and equipment

-

-

-

-

-

-

-

-

-

0

0

-3

36

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

3,090

51

2

15

13

0

23

Investment in marketable equity securities (note 5)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,114

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of investments (note 5)

112

-

-

-

-

-772

0

1,004

2,663

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-

4,832

2,025

0

2,020

1,025

2,129

2,380

4,851

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of gold and silver bullion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,034

6,296

-

6,611

0

2,173

Cash used in investing activities

-5,391

4,717

3,686

-7,972

-14,492

-27,756

-24,568

-13,699

-3,318

-29,859

2,262

5,651

-314

15,714

-2,921

-4,574

-595

-242

-89

-241

-1,306

-542

3,947

-1,528

-371

-590

-2,036

-50

-325

-104

-8,091

7,625

41,807

18,170

-1,424

-8,909

-28,595

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

36,337

-

-

-

-

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

-

-

-

-

20,252

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

105,415

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

-

-

-

-

1,851

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds of exercise of stock options

100

144

100

77

223

129

18

5

40

74

0

0

47

-

-

-

-

-

-

-

-

-

-

-

-

0

76

61

34

321

260

789

2,515

-

-

-

-

Payment of finance lease obligations

555

291

538

578

448

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Shareholders' distribution (note 13)

-

-

-

-

-

0

1,687

0

1,685

0

1,561

0

1,498

0

1,497

0

1,489

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of short-term bank indebtedness (note 8)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,395

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Share repurchase (note 10)

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

582

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Exercise of stock options and warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

280

Cash (used in) provided by financing activities

-493

46,399

-387

2,117

21,878

15,049

47,031

5

-1,645

9,517

41,661

0

-1,451

230

130

1,873

-5,466

-

-

-

-

-

-

-

-

0

76

61

34

60,740

260

789

2,515

0

0

493

105,695

Effect of exchange rate change on cash and cash equivalents

114

-

-

-

-337

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Effect of exchange rate change on cash and cash equivalents.

-

-

-

-

-

987

183

266

314

-239

97

-31

65

-353

-4

-18

102

-201

46

-73

-120

-117

-410

289

-595

-557

374

-679

-514

-210

-58

120

-218

799

-1,268

-178

368

(Decrease) in cash, cash equivalents and restricted cash

-17,678

33,426

-9,411

-4,232

-3,772

-10,399

21,191

-19,044

1,588

-31,809

44,181

-4,109

-8,550

-1,372

2,063

2,126

8,749

-5,028

8,531

5,802

4,189

-5,242

2,473

-4,322

-4,850

-6,741

-3,711

-10,349

-25,799

52,401

-4,878

-17,735

27,717

-19,391

-20,544

-21,690

68,223

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

-

-

-

-

-

-

27,836

39,841

35,098

-

13,263

22,398

24,242

14,904

16,440

12,539

8,457

12,092

10,789

15,911

16,468

17,693

14,215

18,458

18,627

-164,724

15,838

20,328

38,193

21,301

22,979

26,269

16,512

18,844

17,871

13,118

9,254

Cash flow from revenues

-

-

-

-

-

-

26,896

34,179

41,285

-

13,430

15,110

14,833

11,162

13,423

14,613

20,319

10,932

21,535

15,726

21,985

12,192

8,853

12,044

10,723

9,705

11,514

10,069

13,128

-

-

-

-

-

-

-

-

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

-

-

-

-

-

-

-

-

-

-

-

-

2,525

-

7,874

2,770

2,626

-

-

-

-

0

2,370

3,168

3,945

-

-

-

-

-

-

-

-

-

-

-

-

Interest paid

1,289

1,307

1,313

1,282

1,316

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest received

135

-

-

-

3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-

-

-

-

-

-

-

-

-

-

-

-

2,525

-

7,874

2,770

2,626

-

-

-

-

0

2,370

3,168

3,945

-

-

-

-

-

-

-

-

-

-

-

-

Cash used in operating activities

-11,908

-17,611

-12,764

1,669

-10,821

1,321

-1,455

-5,616

6,237

-11,228

161

-9,729

-6,850

-16,963

4,858

4,845

14,708

-1,039

10,669

352

5,615

-5,493

-2,317

-3,212

-3,884

-5,594

-2,125

-9,681

-24,994

-8,025

3,011

-26,269

-16,387

-38,360

-17,852

-13,096

-9,245