2013 Q2 Form 10-Q Financial Statement

#000110465913062318 Filed on August 09, 2013

View on sec.gov

Income Statement

Concept 2013 Q2 2012 Q2
Revenue $8.908M $679.0K
YoY Change 1211.93%
Cost Of Revenue $8.278M
YoY Change
Gross Profit $630.0K
YoY Change
Gross Profit Margin 7.07%
Selling, General & Admin $4.530M $14.98M
YoY Change -69.76% 551.3%
% of Gross Profit 719.05%
Research & Development $4.990M $10.07M
YoY Change -50.45% -5.27%
% of Gross Profit 792.06%
Depreciation & Amortization $245.0K $263.0K
YoY Change -6.84% 87.86%
% of Gross Profit 38.89%
Operating Expenses $9.880M $25.44M
YoY Change -61.16% 92.73%
Operating Profit -$139.7M -$24.86M
YoY Change 461.78% 85.4%
Interest Expense -$1.430M $210.0K
YoY Change -780.95% -16.0%
% of Operating Profit
Other Income/Expense, Net -$1.432M -$1.782M
YoY Change -19.64%
Pretax Income -$141.1M -$26.64M
YoY Change 429.58% 102.59%
Income Tax -$12.41M -$6.277M
% Of Pretax Income
Net Earnings -$128.7M -$20.36M
YoY Change 532.02% 54.83%
Net Earnings / Revenue -1444.54% -2998.53%
Basic Earnings Per Share -$0.43
Diluted Earnings Per Share -$0.43 -$75.97K
COMMON SHARES
Basic Shares Outstanding 297.1M shares
Diluted Shares Outstanding 297.1M shares

Balance Sheet

Concept 2013 Q2 2012 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $36.20M $36.80M
YoY Change -1.63% -59.69%
Cash & Equivalents $34.77M $23.40M
Short-Term Investments $1.400M $13.40M
Other Short-Term Assets $4.617M $4.800M
YoY Change -3.81%
Inventory $7.967M $800.0K
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $57.80M $48.50M
YoY Change 19.18% -48.89%
LONG-TERM ASSETS
Property, Plant & Equipment $11.60M $13.74M
YoY Change -15.59% -94.45%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $176.3M $226.0M
YoY Change -21.99%
Other Assets $54.00K $54.00K
YoY Change 0.0% -98.96%
Total Long-Term Assets $924.6M $1.089B
YoY Change -15.08% 330.66%
TOTAL ASSETS
Total Short-Term Assets $57.80M $48.50M
Total Long-Term Assets $924.6M $1.089B
Total Assets $982.4M $1.137B
YoY Change -13.62% 227.07%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $10.70M $8.200M
YoY Change 30.49% 127.78%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $12.01M $8.733M
YoY Change 37.47% 89.85%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $400.0K $400.0K
YoY Change 0.0% -93.55%
Total Long-Term Liabilities $400.0K $400.0K
YoY Change 0.0% -93.55%
TOTAL LIABILITIES
Total Short-Term Liabilities $12.01M $8.733M
Total Long-Term Liabilities $400.0K $400.0K
Total Liabilities $228.3M $283.9M
YoY Change -19.57% 217.51%
SHAREHOLDERS EQUITY
Retained Earnings -$599.6M -$433.7M
YoY Change 38.24%
Common Stock $1.354B $1.287B
YoY Change 5.17%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $754.1M $856.1M
YoY Change
Total Liabilities & Shareholders Equity $982.4M $1.137B
YoY Change -13.62% 227.07%

Cashflow Statement

Concept 2013 Q2 2012 Q2
OPERATING ACTIVITIES
Net Income -$128.7M -$20.36M
YoY Change 532.02% 54.83%
Depreciation, Depletion And Amortization $245.0K $263.0K
YoY Change -6.84% 87.86%
Cash From Operating Activities $600.0K $260.0K
YoY Change 130.77% 62.5%
INVESTING ACTIVITIES
Capital Expenditures -$50.00K -$550.0K
YoY Change -90.91% -92.54%
Acquisitions
YoY Change
Other Investing Activities $0.00 $8.180M
YoY Change -100.0% -627.74%
Cash From Investing Activities -$50.00K $7.620M
YoY Change -100.66% -185.62%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 70.00K 780.0K
YoY Change -91.03% 59.18%
NET CHANGE
Cash From Operating Activities 600.0K 260.0K
Cash From Investing Activities -50.00K 7.620M
Cash From Financing Activities 70.00K 780.0K
Net Change In Cash 620.0K 8.660M
YoY Change -92.84% -204.97%
FREE CASH FLOW
Cash From Operating Activities $600.0K $260.0K
Capital Expenditures -$50.00K -$550.0K
Free Cash Flow $650.0K $810.0K
YoY Change -19.75% -89.24%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2012Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
1343000 USD
CY2013Q2 us-gaap Inventory Net
InventoryNet
7967000 USD
CY2013Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
852000 USD
CY2012Q4 mux Inventory Ore Stockpiles Net Of Reserves
InventoryOreStockpilesNetOfReserves
308000 USD
CY2013Q2 mux Inventory Precious Metals Net Of Reserves
InventoryPreciousMetalsNetOfReserves
2492000 USD
CY2012Q4 us-gaap Inventory Net
InventoryNet
7262000 USD
CY2012Q1 us-gaap Share Price
SharePrice
5.22
CY2013Q2 mux Inventory Ore On Leach Pads Net Of Reserves
InventoryOreOnLeachPadsNetOfReserves
2769000 USD
CY2012Q4 mux Inventory Ore On Leach Pads Net Of Reserves
InventoryOreOnLeachPadsNetOfReserves
685000 USD
CY2012Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
3604000 USD
CY2012Q4 mux Inventory Precious Metals Net Of Reserves
InventoryPreciousMetalsNetOfReserves
1322000 USD
CY2013Q2 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
1721000 USD
CY2013Q2 us-gaap Assets
Assets
982371000 USD
CY2013Q2 us-gaap Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
5183000 USD
CY2012Q4 us-gaap Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
5183000 USD
CY2012Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
6359000 USD
CY2011Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
6253000 USD
CY2013Q2 us-gaap Asset Retirement Obligation
AssetRetirementObligation
6548000 USD
CY2012 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
47000 USD
CY2012 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
447000 USD
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
234000 USD
CY2012 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
-294000 USD
CY2013Q2 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
1311000 USD
CY2012Q4 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
130000 USD
us-gaap Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
47600000 shares
CY2013Q2 us-gaap Common Stock Other Shares Outstanding
CommonStockOtherSharesOutstanding
35800000 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
48000 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
1.97
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
95000 USD
us-gaap Stock Issued During Period Shares Purchase Of Assets
StockIssuedDuringPeriodSharesPurchaseOfAssets
41500 shares
CY2013Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
1000000 shares
CY2013Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
300000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
700000 USD
CY2012Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
500000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2100000 USD
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0050 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0050 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0097 pure
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.66 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.66 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.75 pure
CY2013Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P3Y6M
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P3Y6M
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
1.01
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
1.01
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
3.80
CY2013Q2 us-gaap Revenue Mineral Sales
RevenueMineralSales
10459000 USD
CY2013Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-1551000 USD
CY2013Q2 us-gaap Cost Of Goods Sold
CostOfGoodsSold
8278000 USD
CY2013Q2 us-gaap Construction And Development Costs
ConstructionAndDevelopmentCosts
98000 USD
CY2013Q2 us-gaap Exploration Expense Mining
ExplorationExpenseMining
4889000 USD
CY2013Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-139654000 USD
CY2013Q2 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
176282000 USD
CY2013Q2 mux Mineral Property Interests Net
MineralPropertyInterestsNet
731449000 USD
us-gaap Revenue Mineral Sales
RevenueMineralSales
23957000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-1788000 USD
us-gaap Cost Of Goods Sold
CostOfGoodsSold
18871000 USD
us-gaap Construction And Development Costs
ConstructionAndDevelopmentCosts
569000 USD
us-gaap Exploration Expense Mining
ExplorationExpenseMining
19489000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-158021000 USD
CY2012Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
679000 USD
CY2012Q2 us-gaap Other Construction Costs
OtherConstructionCosts
6994000 USD
CY2012Q2 us-gaap Exploration Expense Mining
ExplorationExpenseMining
10073000 USD
CY2012Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-24859000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
3728000 USD
us-gaap Other Construction Costs
OtherConstructionCosts
8635000 USD
us-gaap Exploration Expense Mining
ExplorationExpenseMining
21857000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-45983000 USD
us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
1980000 USD
CY2013Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
4217000 USD
CY2012Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
4089000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
8409000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
8816000 USD
CY2012Q2 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
47000 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
1442000 USD
CY2013Q2 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
121000 USD
dei Entity Registrant Name
EntityRegistrantName
McEwen Mining Inc.
dei Entity Central Index Key
EntityCentralIndexKey
0000314203
dei Document Type
DocumentType
10-Q
dei Document Period End Date
DocumentPeriodEndDate
2013-06-30
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2013Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
262997768 shares
CY2013Q3 mux Exchangeable Common Stock Shares Outstanding Dei
ExchangeableCommonStockSharesOutstandingDEI
34116591 shares
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
CY2013Q2 us-gaap Revenues
Revenues
8908000 USD
CY2012Q2 us-gaap Revenues
Revenues
679000 USD
us-gaap Revenues
Revenues
22169000 USD
us-gaap Revenues
Revenues
3728000 USD
CY2013Q2 us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
316000 USD
CY2012Q2 us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
407000 USD
us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
1693000 USD
CY2012Q2 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
120000 USD
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
232000 USD
CY2013Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-1226000 USD
CY2012Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
79000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-935000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
46000 USD
CY2013Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
245000 USD
CY2012Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
263000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
527000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
484000 USD
CY2012Q2 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
128000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
130000 USD
CY2012Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
179000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
179000 USD
CY2013Q2 us-gaap Costs And Expenses
CostsAndExpenses
148562000 USD
CY2012Q2 us-gaap Costs And Expenses
CostsAndExpenses
25538000 USD
us-gaap Costs And Expenses
CostsAndExpenses
180190000 USD
us-gaap Costs And Expenses
CostsAndExpenses
49711000 USD
CY2013Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
68000 USD
CY2012Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
57000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
139000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
182000 USD
us-gaap Increase Decrease In Fair Value Of Unhedged Derivative Instruments
IncreaseDecreaseInFairValueOfUnhedgedDerivativeInstruments
560000 USD
CY2012Q2 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
434000 USD
us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
1842000 USD
CY2012Q2 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-359000 USD
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-274000 USD
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-359000 USD
CY2012Q2 us-gaap Other Than Temporary Impairment Losses Investments Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities
1993000 USD
us-gaap Other Than Temporary Impairment Losses Investments Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities
1993000 USD
CY2013Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-1432000 USD
CY2012Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-1782000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-510000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-282000 USD
CY2013Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-141086000 USD
CY2012Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-26641000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-158531000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-46265000 USD
CY2013Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-12405000 USD
CY2012Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-6277000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-18868000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-8550000 USD
CY2013Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-128681000 USD
CY2012Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-20364000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-139663000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-37715000 USD
CY2012Q2 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
1375000 USD
us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
999000 USD
CY2013Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-128681000 USD
CY2012Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-18989000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-139663000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-36716000 USD
CY2013Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.43
CY2012Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.08
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.47
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.15
CY2013Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
297097000 shares
CY2012Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
268009000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
296938000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
251001000 shares
CY2013Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
34773000 USD
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
70921000 USD
CY2013Q2 us-gaap Investment In Physical Commodities
InvestmentInPhysicalCommodities
1416000 USD
CY2012Q4 us-gaap Investment In Physical Commodities
InvestmentInPhysicalCommodities
1690000 USD
CY2013Q2 us-gaap Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
9031000 USD
CY2012Q4 us-gaap Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
9150000 USD
CY2013Q2 us-gaap Other Assets Current
OtherAssetsCurrent
4617000 USD
CY2012Q4 us-gaap Other Assets Current
OtherAssetsCurrent
2895000 USD
CY2013Q2 us-gaap Assets Current
AssetsCurrent
57804000 USD
CY2012Q4 us-gaap Assets Current
AssetsCurrent
91918000 USD
CY2012Q4 mux Mineral Property Interests Net
MineralPropertyInterestsNet
767067000 USD
CY2012Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
273948000 USD
CY2013Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
11599000 USD
CY2012Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
12767000 USD
CY2013Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
54000 USD
CY2012Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
54000 USD
CY2012Q4 us-gaap Assets
Assets
1150937000 USD
CY2013Q2 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
10694000 USD
CY2012Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
21235000 USD
CY2012Q4 us-gaap Litigation Reserve Current
LitigationReserveCurrent
3830000 USD
CY2013Q2 us-gaap Liabilities Current
LiabilitiesCurrent
12005000 USD
CY2012Q4 us-gaap Liabilities Current
LiabilitiesCurrent
25195000 USD
CY2013Q2 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
5237000 USD
CY2012Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
6229000 USD
CY2013Q2 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
210654000 USD
CY2012Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
229522000 USD
CY2013Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
400000 USD
CY2012Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
400000 USD
CY2013Q2 us-gaap Liabilities
Liabilities
228296000 USD
CY2012Q4 us-gaap Liabilities
Liabilities
261346000 USD
CY2013Q2 us-gaap Common Stock Value
CommonStockValue
1353924000 USD
CY2012Q4 us-gaap Common Stock Value
CommonStockValue
1349777000 USD
CY2013Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-599555000 USD
CY2012Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-459892000 USD
CY2013Q2 us-gaap Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-294000 USD
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-294000 USD
CY2013Q2 us-gaap Stockholders Equity
StockholdersEquity
754075000 USD
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
889591000 USD
CY2013Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
982371000 USD
CY2012Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1150937000 USD
CY2013Q2 mux Gold Bullion Investments Market Value
GoldBullionInvestmentsMarketValue
1416000 USD
CY2012Q4 mux Gold Bullion Investments Market Value
GoldBullionInvestmentsMarketValue
2062000 USD
CY2013Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0
CY2012Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0
CY2013Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2012Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2012Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
212646000 shares
CY2012Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
212646000 shares
CY2012Q4 mux Exchangeable Common Stock Shares Issued
ExchangeableCommonStockSharesIssued
83379000 shares
CY2012Q4 mux Exchangeable Common Stock Shares Outstanding
ExchangeableCommonStockSharesOutstanding
83379000 shares
CY2013Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
261302000 shares
CY2013Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
261302000 shares
CY2013Q2 mux Exchangeable Common Stock Shares Issued
ExchangeableCommonStockSharesIssued
35812000 shares
CY2013Q2 mux Exchangeable Common Stock Shares Outstanding
ExchangeableCommonStockSharesOutstanding
35812000 shares
CY2011Q4 us-gaap Stockholders Equity
StockholdersEquity
219304000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
2135000 USD
mux Exchangeable Stock Issued During Period Value Acquisitions
ExchangeableStockIssuedDuringPeriodValueAcquisitions
664671000 USD
mux Stock Issued During Period Value Stock Options Assumed In Acquisition Of Business
StockIssuedDuringPeriodValueStockOptionsAssumedInAcquisitionOfBusiness
3175000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
594000 USD
us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
2710000 USD
us-gaap Stock Issued During Period Value Purchase Of Assets
StockIssuedDuringPeriodValuePurchaseOfAssets
227000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment For Writedown Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForWritedownOfSecuritiesIncludedInNetIncomeNetOfTax
1993000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
686000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
95000 USD
us-gaap Stock Issued During Period Value Purchase Of Assets
StockIssuedDuringPeriodValuePurchaseOfAssets
96000 USD
us-gaap Payments To Suppliers And Employees
PaymentsToSuppliersAndEmployees
42781000 USD
us-gaap Payments To Suppliers And Employees
PaymentsToSuppliersAndEmployees
58521000 USD
us-gaap Proceeds From Interest Received
ProceedsFromInterestReceived
125000 USD
us-gaap Proceeds From Interest Received
ProceedsFromInterestReceived
139000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-42656000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-35185000 USD
us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
36337000 USD
us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
3933000 USD
us-gaap Payments To Acquire Mining Assets
PaymentsToAcquireMiningAssets
563000 USD
us-gaap Payments To Acquire Mining Assets
PaymentsToAcquireMiningAssets
150000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1658000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
225000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
53000 USD
us-gaap Proceeds From Sale Of Other Investments
ProceedsFromSaleOfOtherInvestments
11330000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
49432000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
135000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
3304000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
3304000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
95000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
-98000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
-1193000 USD
us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
9982000 USD
us-gaap Proceeds From Customers
ProceedsFromCustomers
23197000 USD
us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
-36148000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-18868000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-8550000 USD
mux Gain On Litigation Settlement
GainOnLitigationSettlement
560000 USD
us-gaap Stock Option Plan Expense
StockOptionPlanExpense
686000 USD
us-gaap Stock Option Plan Expense
StockOptionPlanExpense
2135000 USD
mux Mineral Property Interests And Asset Retirement Obligations Amortization
MineralPropertyInterestsAndAssetRetirementObligationsAmortization
956000 USD
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-1193000 USD
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-98000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1534000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
2810000 USD
us-gaap Noncash Or Part Noncash Acquisition Other Assets Acquired1
NoncashOrPartNoncashAcquisitionOtherAssetsAcquired1
9363000 USD
us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
-10616000 USD
us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
-2724000 USD
CY2012 us-gaap Proceeds From Sale Of Other Investments
ProceedsFromSaleOfOtherInvestments
23836000 USD
CY2012 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
3075000 USD
CY2012 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-359000 USD
CY2013Q2 mux Deferred Income Tax On Impairment Of Mineral Properties
DeferredIncomeTaxOnImpairmentOfMineralProperties
4800000 USD
CY2012Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
23398000 USD
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
13416000 USD
us-gaap Availableforsale Securities Gross Realized Losses Excluding Other Than Temporary Impairments
AvailableforsaleSecuritiesGrossRealizedLossesExcludingOtherThanTemporaryImpairments
994000 USD
CY2013Q2 mux Mine Development And Operating Costs
MineDevelopmentAndOperatingCosts
98000 USD
mux Mine Development And Operating Costs
MineDevelopmentAndOperatingCosts
569000 USD
CY2012Q2 mux Mine Development And Operating Costs
MineDevelopmentAndOperatingCosts
3494000 USD
mux Mine Development And Operating Costs
MineDevelopmentAndOperatingCosts
6216000 USD
CY2012Q2 us-gaap Stockholders Equity
StockholdersEquity
856100000 USD
CY2011Q4 us-gaap Investment In Physical Commodities
InvestmentInPhysicalCommodities
22810000 USD
CY2012Q2 us-gaap Direct Operating Costs
DirectOperatingCosts
3494000 USD
us-gaap Direct Operating Costs
DirectOperatingCosts
6216000 USD
CY2013Q2 mux Inventory Ore Stockpiles Net Of Reserves
InventoryOreStockpilesNetOfReserves
133000 USD
us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
45000 USD
CY2013Q2 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-6791000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-6791000 USD
CY2013Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
27729000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
27729000 USD
CY2013Q2 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-274000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
510000 USD
CY2013Q2 mux New Tax Rate On Mining Real Estate Property
NewTaxRateOnMiningRealEstateProperty
0.01 pure
mux Stock Issued During Period Value Issued For Litigation Settlement
StockIssuedDuringPeriodValueIssuedForLitigationSettlement
3270000 USD
CY2013Q2 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
95878000 USD
us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
95878000 USD

Files In Submission

Name View Source Status
0001104659-13-062318-index-headers.html Edgar Link pending
0001104659-13-062318-index.html Edgar Link pending
0001104659-13-062318.txt Edgar Link pending
0001104659-13-062318-xbrl.zip Edgar Link pending
a13-13462_110q.htm Edgar Link pending
a13-13462_1ex31d1.htm Edgar Link pending
a13-13462_1ex31d2.htm Edgar Link pending
a13-13462_1ex32.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
mux-20130630.xml Edgar Link completed
mux-20130630.xsd Edgar Link pending
mux-20130630_cal.xml Edgar Link unprocessable
mux-20130630_def.xml Edgar Link unprocessable
mux-20130630_lab.xml Edgar Link unprocessable
mux-20130630_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
R1.xml Edgar Link unprocessable
R10.htm Edgar Link pending
R10.xml Edgar Link unprocessable
R11.htm Edgar Link pending
R11.xml Edgar Link unprocessable
R12.htm Edgar Link pending
R12.xml Edgar Link unprocessable
R13.htm Edgar Link pending
R13.xml Edgar Link unprocessable
R14.htm Edgar Link pending
R14.xml Edgar Link unprocessable
R15.htm Edgar Link pending
R15.xml Edgar Link unprocessable
R16.htm Edgar Link pending
R16.xml Edgar Link unprocessable
R17.htm Edgar Link pending
R17.xml Edgar Link unprocessable
R18.htm Edgar Link pending
R18.xml Edgar Link unprocessable
R19.htm Edgar Link pending
R19.xml Edgar Link unprocessable
R2.htm Edgar Link pending
R2.xml Edgar Link unprocessable
R20.htm Edgar Link pending
R20.xml Edgar Link unprocessable
R21.htm Edgar Link pending
R21.xml Edgar Link unprocessable
R22.htm Edgar Link pending
R22.xml Edgar Link unprocessable
R23.htm Edgar Link pending
R23.xml Edgar Link unprocessable
R24.htm Edgar Link pending
R24.xml Edgar Link unprocessable
R25.htm Edgar Link pending
R25.xml Edgar Link unprocessable
R26.htm Edgar Link pending
R26.xml Edgar Link unprocessable
R27.htm Edgar Link pending
R27.xml Edgar Link unprocessable
R28.htm Edgar Link pending
R28.xml Edgar Link unprocessable
R29.htm Edgar Link pending
R29.xml Edgar Link unprocessable
R3.htm Edgar Link pending
R3.xml Edgar Link unprocessable
R30.htm Edgar Link pending
R30.xml Edgar Link unprocessable
R31.htm Edgar Link pending
R31.xml Edgar Link unprocessable
R32.htm Edgar Link pending
R32.xml Edgar Link unprocessable
R33.htm Edgar Link pending
R33.xml Edgar Link unprocessable
R34.htm Edgar Link pending
R34.xml Edgar Link unprocessable
R35.htm Edgar Link pending
R35.xml Edgar Link unprocessable
R36.htm Edgar Link pending
R36.xml Edgar Link unprocessable
R37.htm Edgar Link pending
R37.xml Edgar Link unprocessable
R38.htm Edgar Link pending
R38.xml Edgar Link unprocessable
R39.htm Edgar Link pending
R39.xml Edgar Link unprocessable
R4.htm Edgar Link pending
R4.xml Edgar Link unprocessable
R40.htm Edgar Link pending
R40.xml Edgar Link unprocessable
R5.htm Edgar Link pending
R5.xml Edgar Link unprocessable
R6.htm Edgar Link pending
R6.xml Edgar Link unprocessable
R7.htm Edgar Link pending
R7.xml Edgar Link unprocessable
R8.htm Edgar Link pending
R8.xml Edgar Link unprocessable
R9.htm Edgar Link pending
R9.xml Edgar Link unprocessable
report.css Edgar Link pending
Show.js Edgar Link pending