Mcewen mining inc. (MUX)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
REVENUE:
Gold and silver sales

-

-

-

-

72,956

45,303

45,982

5,966

-

-

-

Revenue

117,019

128,175

67,465

60,388

72,956

45,303

45,982

5,966

-

-

-

OPERATING EXPENSES:
Depreciation and depletion

24,753

15,079

4,036

-

-

-

-

-

-

-

-

Gross (loss) profit

8,986

32,082

20,080

32,255

-

-

-

-

-

-

-

OTHER OPERATING EXPENSES:
Production costs applicable to sales

-

-

-

-

34,607

40,608

34,594

3,861

-

-

-

Mine operating costs

-

-

-

-

-

-

-

8,507

-

-

-

Mine construction costs

-

-

-

-

-

1,723

1,383

14,260

1,745

-

-

Mine development costs

-

-

-

-

1,169

1,829

847

-

-

-

-

Exploration costs

-

-

-

-

8,798

11,332

24,829

47,179

42,983

19,210

8,240

Property holding

-

-

-

3,536

4,336

6,365

4,584

7,207

3,464

4,358

4,194

Advanced projects

9,520

15,063

11,129

-

-

-

-

-

-

-

-

Exploration

37,744

36,576

18,624

-

-

-

-

-

-

-

-

General and administrative

12,785

11,125

12,344

12,734

12,045

12,069

14,001

16,841

7,035

5,397

4,832

Accretion of asset retirement obligation (note 4)

-

-

-

-

-

-

461

447

524

515

762

Loss from investment in Minera Santa Cruz S.A. (note 9)

-8,754

-11,865

-44

12,951

2,414

-5,284

846

20,835

-

-

-

Depreciation

566

1,178

1,453

1,169

942

979

942

1,033

577

454

625

Acquisition costs

-

-

-

-

-

-

-

1,513

3,893

-

-

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

3,531

3,464

2,061

595

429

407

-

-

-

-

-

Impairment of property and equipment (note 6)

-

-

-

-

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

Total other operating expenses

72,900

79,271

46,366

16,908

122,289

455,494

246,379

97,371

60,185

35,783

35,759

Operating loss

-63,914

-47,189

-26,286

15,347

-49,333

-410,191

-200,397

-91,405

-60,185

-35,783

-35,759

OTHER INCOME (EXPENSE):
Interest and other finance expense, net

-6,817

-1,619

-938

835

2,404

259

262

228

202

112

127

Other income (note 4)

7,140

1,168

1,221

-

-

-

-

-

-

-

-

Gain on litigation settlement

-

-

-

-

-

-

560

-3,830

-

-

-

Foreign currency gain

-

-

-

581

1,906

-2,419

-1,309

456

-769

597

1,558

Total other income (expense)

323

-451

283

1,959

4,323

-8,922

-710

-2,493

-1,867

694

1,685

(Loss) gain on sale of assets

-

-

-

24

13

26

-6,743

1,110

36

-

-

Interest expense

-

-

-

-

-

-

-

-

-

15

-

Gain (loss) on investments (note 2)

-

-

-

519

-

-

-223

3,075

2,075

-

-

(Loss) gain on sale of marketable equity securities (note 2)

-

-

-

-

-

-

-

-70

19

-

-

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

-

-

-

-

-

-

-

1,993

-

-

-

Registration taxes

-

-

-

-

-

6,788

-

-

-

-

-

Unrealized loss on gold and silver bullion held as investments

-

-

-

-

-

-

-

-359

-3,394

-

-

Loss before income and mining taxes

-63,591

-47,640

-26,003

17,306

-45,010

-419,113

-201,107

-93,898

-62,052

-35,089

-34,074

Income and mining tax recovery (expense)

-3,844

-2,770

-15,369

-3,749

-24,560

-107,170

-53,365

-27,244

-180

-1,998

-6,376

Net loss

-59,747

-44,870

-10,634

21,055

-20,450

-311,943

-147,742

-66,654

-61,872

-33,091

-27,698

OTHER COMPREHENSIVE (LOSS) INCOME:
Reclassification of unrealized gain on marketable equity securities disposed of during the period, net of taxes

-

-

840

-

-

-

-

-

-

-

-

Reclassification of unrealized gain on marketable securities disposed of during the period, net of taxes (note 3)

-

-

-

-

-

-

-

1,000

-

-

-

Other-than-temporary impairment on marketable equity securities (note 3)

-

-

-

-

-

-

-

1,993

-

-

-

Unrealized gain on marketable equity securities, net of taxes

-

-

1,818

1,609

-949

419

-1

-5

-1,546

542

-4

Comprehensive (loss)

-59,747

-44,870

-9,300

23,546

-21,399

-311,524

-147,743

-65,659

-63,418

-32,549

-27,702

Net loss per share (note 13):
Basic (in dollars per share)

-

-

-

-

-0.07

-1.05

-0.50

-0.26

-0.42

-

-

Diluted (in dollars per share)

-

-

-

-

-0.07

-1.05

-

-0.26

-0.42

-

-

Basic and Diluted (in dollars per share)

-0.17

-0.13

-0.03

0.07

-

-

-

-

-

-0.27

-0.25

Weighted average common shares outstanding (thousands) (note 13):
Basic (in shares)

-

-

-

298,772

300,341

297,763

297,041

261,223

147,692

121,987

112,224

Diluted (in shares)

-

-

-

300,474

300,341

297,763

-

261,223

147,692

121,987

112,224

Basic and Diluted (in shares)

361,845

337,297

313,887

-

-

-

-

-

-

-

-

Shareholders' distribution declared per common share (note 13)

-

0

0

0

0

-

-

-

-

-

-

Gold and silver sales
Revenue

117,019

128,175

67,465

60,388

-

-

-

-

-

-

-

Production costs applicable to sales
Cost of goods and services sold

83,280

81,014

43,349

28,133

-

-

-

-

-

-

-

Mine development
Cost of goods and services sold

-

-

-

3,866

-

-

-

-

-

-

-

Exploration
Cost of goods and services sold

-

-

-

7,959

-

-

-

-

-

-

-