Capital Requirements Now Significantly Reduced; Los Azules Sale DeferredTORONTO, ONTARIO -- (Marketwired) -- 06/10/13 -- McEwen Mining Inc. (NYSE: MUX)(TSX: MUX) announces a reduction to its forecasted production growth from 290,000 to 225,000 gold equivalent oz in 2016. Consequently, our capital requirements have been significantly reduced to a point that our cash reserves and cash flow from operations could be [...]
McEwen Mining and McEwen Mining - Minera Andes Acquisition are pleased to announce the results of their annual general meetings held on May 16, 2013. McEwen Mining reports that Robert McEwen, Allen Ambrose, Michele Ashby, Leanne Baker, Richard Brissenden, Donald Quick and Michael Stein were re-elected as directors of McEwen Mining. The shareholders of McEwen Mining also approved the compensation of McEwen Mining's named [...]
TORONTO, ONTARIO -- (Marketwired) -- 05/16/13 -- McEwen Mining Inc. (NYSE: MUX)(TSX: MUX) is pleased to announce that the Company will be expanding the El Gallo 1 Mine in Sinaloa, Mexico. The Company expects this expansion will significantly increase gold production for a small amount of capital.
El Gallo 1 Mine Expansion Highlights (Stated in U.S. Dollars)
TORONTO, ONTARIO -- (Marketwired) -- 05/15/13 -- McEwen Mining Inc. (NYSE: MUX)(TSX: MUX) is pleased to announce an updated, Canadian National Instrument 43-101 compliant ("NI 43-101") mineral resource estimate for its 100% owned Los Azules Copper Project in San Juan Province, Argentina. Key developments include the successful conversion of inferred resources into the indicated category while increasing the size of the [...]
5.7 gpt gold over 23 meters & 3.9 gpt gold over 21 metersTORONTO, ONTARIO -- (Marketwired) -- 05/14/13 -- McEwen Mining Inc. (NYSE: MUX)(TSX: MUX) announces that follow-up core holes at the new Central Zone have expanded the gold mineralization in several directions. Central is located inside the Company's El Gallo 1 mine in Sinaloa, Mexico (Fig. 1). It is situated between two known resources, where mining began on [...]
TORONTO, ONTARIO -- (Marketwired) -- 05/09/13 -- (All Amounts in US Dollars Unless Otherwise Stated)
McEwen Mining Inc. (NYSE: MUX)(TSX: MUX) is pleased to provide a summary of significant developments and first quarter operating results during Q1, 2013.
Q1 Highlights
-- El Gallo 1, our 2nd mine began commercial production.
-- Gold equivalent production increased by 31% to 29,839 ounces (17,001 gold ounces and [...]
TORONTO, ONTARIO -- (Marketwired) -- 05/07/13 -- McEwen Mining Inc. ("McEwen Mining") (NYSE: MUX)(TSX: MUX) Chief Owner, Rob McEwen, along with senior management, will be hosting a conference call Thursday, May 9, 2013 at 11:30 AM EST to provide the first quarter Company update.
McEwen Mining announces that Rob McEwen, Chairman and Chief Owner, has exchanged 42,103,285 shares of McEwen Mining - Minera Andes Acquisition Corp. into an equal number of McEwen Mining common shares. MAQ Exchangeable shares are exchangeable on a 1-for-1 basis into common stock of McEwen Mining and were issued in connection with US Gold Corporation's (now McEwen Mining) acquisition of Minera Andes Inc. which was [...]
2.9 gpt Gold over 43 Meters & 1.8 gpt Gold over 56 metersTORONTO, ONTARIO -- (Marketwired) -- 04/11/13 -- McEwen Mining Inc. (NYSE: MUX)(TSX: MUX) is pleased to announce that a new gold zone is emerging at its El Gallo 1 Mine in Sinaloa, Mexico (Fig. 1). Nine core holes were drilled in a new area called "Central". Drilling has returned encouraging grades and widths between two planned open pits and has opened up a large [...]
- Core Holes: 29.5 gpt Gold over 2.0 m & 37.2 gpt Gold over 1.1 m- Surface Trench: 112.9 gpt Gold over 1.7 m, within 20.9 gpt Gold over 12.7 mTORONTO, ONTARIO -- (Marketwired) -- 04/02/13 -- McEwen Mining Inc. (NYSE: MUX)(TSX: MUX) is pleased to announce a new gold discovery, called Twin Domes, within its 100% owned El Gallo Complex, Sinaloa, Mexico. The high gold grades encountered are reminiscent of historical mining [...]
TORONTO, ONTARIO -- (Marketwire) -- 03/28/13 -- McEwen Mining Inc. (NYSE: MUX)(TSX: MUX) is pleased to announce assay results for nine new core holes from the Los Azules copper project in San Juan Province, Argentina. Most importantly, drilling continues to intersect significant intercepts of high to medium grade copper mineralization over long intervals west of the original deposit. In addition, the mineralization has [...]
TORONTO, ONTARIO -- (Marketwire) -- 03/18/13 -- McEwen Mining Inc. (NYSE: MUX)(TSX: MUX) is pleased to announce that year-end 2012 mineral resource and reserve estimates and the grades for both gold and silver have increased from 2011 for the San Jose mine (49% owned by McEwen Mining). Of particular interest, the mineral resource estimates have increased to a record level. The mineral reserve and resource estimates were [...]
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