TORONTO, Feb. 22, 2018 -- McEwen Mining Inc. today reported fourth quarter and full year results for the period ended December 31, 2017. For the year, McEwen Mining achieved production of 152,329 gold equivalent ounces. Our consolidated net loss for 2017 was $10.6 million, or $0.03 per share. Net cash outflow during the year from operating activities was $15.4 million, principally due to higher exploration, development [...]
McEwen Mining invites you to join our conference call, where management will discuss our 2017 financial results and project developments and follow with a question and answer session. Questions can be asked directly by participants over the telephone or can be emailed in advance to info@mcewenmining.com. Thursday, Feb 22nd, 2018 11:00 am ET Toll Free US & Canada: 630-9911 Outside US & Canada: 229-8828 Conference ID [...]
TORONTO, Feb. 15, 2018 -- McEwen Mining Inc. announces results of the updated Feasibility Study for its 100% owned Gold Bar Mine in Nevada. Construction has started on the Gold Bar Mine with a planned completion date in late 2018, and commercial production beginning in 2019. The FS was prepared by M3 Engineering & Technology Corp. of Tucson, Arizona, in accordance with the requirements of Canadian National Instrument [...]
TORONTO, Jan. 17, 2018 -- McEwen Mining Inc. acquired the Black Fox Complex in October 2017 in a strategic investment that increases our gold production, provides excess milling capacity, and significantly expands our mineral resource base and exploration potential in the Timmins district of Canada. Exploration is the principal focus at Black Fox for 2018. A $10 million property-wide exploration program that will include [...]
TORONTO, Dec. 19, 2017 -- McEwen Mining Inc. is pleased to announce the closing of its previously announced US$10,000,000 bought deal private placement . Pursuant to the Offering, McEwen sold an aggregate of 4,000,000 flow-through common shares of the Income Tax Act ) priced at US$2.50 per flow-through common share. The Offering was completed through a syndicate of underwriters led by Cantor Fitzgerald Canada Corporation [...]
TORONTO, Dec. 01, 2017 -- McEwen Mining Inc. is pleased to announce a strategic financing to accelerate exploration at our newly acquired properties near Timmins, Ontario. “This significant commitment to exploration in 2018 is founded on our conviction that excellent exploration potential exist on our properties in the Timmins region,” said Rob McEwen, Chairman and Chief Owner. The financing consists of a [...]
TORONTO, Nov. 08, 2017 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) (“McEwen”) is pleased to announce it has received the signed Record of Decision (ROD) on the Final Environmental Impact Statement (EIS) for the Gold Bar Project (Gold Bar), Eureka County, Nevada. Construction of Gold Bar will begin immediately. Construction equipment poised to begin work at the Gold Bar Project on [...]
TORONTO, Nov. 02, 2017 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) reports its consolidated financial results for the third quarter ending September 30, 2017. During Q3 2017 the El Gallo mine had earnings from mining operations of $5.1 million(2)(4) and the San José mine had earnings from mining operations of $4.5 million(4). The Company experienced increased cost and reduced income as a consequence [...]
TORONTO, Oct. 17, 2017 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) reports that it has filed the updated Preliminary Economic Assessment prepared in accordance with National Instrument 43-101 (“NI 43-101”) on the Los Azules Project (the “PEA“). The PEA supports the disclosure made in the news release on September 7, 2017 entitled “Copper Shines Brightly for McEwen Mining [...]
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