McEwen Inc.

McEwen Mining Inc. reports consolidated production for Q2 2020 was 15,700 gold ounces and 359,400 silver ounces, or 19,200 gold equivalent ounces, at the average gold:silver price ratio for the quarter of 104:1. Production was significantly impacted by temporary mine suspensions at all four of our operations as a result steps taken to stop the spread of COVID-19, along with operational issues at several mines [...]

McEwen Mining Inc. is pleased to announce that it has successfully refinanced its $50 million senior secured term loan facility . As part of the refinancing, Sprott Private Resource Lending II , LP has replaced Royal Capital Management Corp. as a lender and the administrative agent for the Term Loan; and Evanachan Limited, a corporation wholly-owned by Rob McEwen, remains a lender . The principal amount of the loan [...]

McEwen Mining Inc. is pleased to provide an update on our Gold Bar and Black Fox operations and mine exploration drilling. Black Fox Mine, Canada Mining at Black Fox was suspended from March 26th to April 14th to allow time for management to evaluate and adapt to operating with the risks associated with the COVID-19 pandemic. Since April 14th the mine has been operating following corporate and provincial COVID-19 [...]

McEwen Mining Inc. today reported its first quarter results for the period ended March 31, 2020. Production was 29,200 gold ounces and 553,200 silver ounces, or 35,100 gold equivalent ounces , at the average gold:silver price ratio for the quarter of 94:1. A non-cash impairment charge for the Gold Bar mine of $83.8 million was recorded during Q1. The write down is necessary because a change in the geological [...]

McEwen Mining Inc. reminds shareholders that our Annual General Meeting will be held virtually today at 4:00 pm Eastern Time. To connect to the meeting use the following link: www.meetingcenter.io/225089926 The AGM is being held exclusively for the purpose of electing the directors, appointing the auditor, and other business that comes before the meeting. For investors wanting to hear an update on operations and [...]

McEwen Mining Inc. reports consolidated production for Q1 2020 was 29,177 gold ounces and 553,179 silver ounces, or 35,062 gold equivalent ounces , at the average gold:silver price ratio for the quarter of 94:1. Black Fox Mine, Timmins, Canada In Q1, Black Fox produced 8,328 GEOs. Mining was temporarily suspended at Black Fox on March 26, 2020 for two weeks to allow time for management to evaluate and adapt to operating [...]

McEwen Mining Inc. is pleased to announce the appointment of Peter Mah, P.Eng., as Chief Operating Officer effective immediately. Peter is a professional engineer with 30 years of global mining experience spanning gold, diamonds and base metals. As a seasoned mining executive, his well-rounded experience comes from roles including Chief Operating Officer and Executive Vice President of Luna Gold, Group Executive at [...]

McEwen Mining Inc. reports that it has fallen below the New York Stock Exchange continued listing requirement related to the price of its common stock. The NYSE requires that the average closing price of a listed company's common stock be above US$1.00 per share, calculated over a period of 30 consecutive trading days. The Company was notified by the NYSE on March 24, 2020 that the average price of its common stock for [...]

McEwen Mining Inc. reports that in order to protect the health of our workforce, their families, and the nearby communities from the spread of COVID-19, both the Black Fox and Gold Bar mines will scale down operations beginning today for a period of 14 days. Certain production and exploration activities will continue at Gold Bar in areas where social distancing can be observed, including ore crushing, irrigation of the [...]

McEwen Mining Inc. reports on the current impacts of COVID-19 on our operations. The government of Argentina has declared a state of emergency and imposed a nationwide mandatory quarantine starting today to reduce the spread of COVID-19. As a result, our 49%-owned San José mine has temporarily halted operations effective today, through at least March 31, 2020. The mine site will continue to be staffed by a reduced [...]