Certarus Ltd. has entered into a long-term agreement with McEwen Mining Inc. to convert and supply the Fox Complex in Matheson, Ontario with compressed natural gas for mine air heating in the underground ventilation system. CNG will be used to replace propane as the primary fuel for heating at both the Froome and Black Fox Mines. CNG is a high-performance, lower carbon fuel alternative that offers cost savings and [...]
McEwen Mining Inc. today reported its third quarter results for the period ended September 30th, 2021. We continue to execute our turnaround strategy and have made significant progress both from an operational and a financial perspective . We expect this trend to continue with the ongoing production ramp-up from the Froome deposit at the Fox Complex. Our operations delivered production results in line with our [...]
McEwen Mining Inc. invites you to join our conference call on Thursday, November 4th, 2021, from 2:00 pm EDT, where management will discuss our Q3 2021 financial results and project developments and follow with a question-and-answer session. Questions can be asked directly by participants over the phone during the webcast. The webcast will be archived on McEwen Mining's website at https://www.mcewenmining.com/media [...]
McEwen Mining Inc. reports consolidated production for Q3 2021 was 32,100 gold ounces and 792,000 silver ounces, or 42,900 gold equivalent ounces, compared to 30,400 GEOs in Q3 2020. Consolidated production for the nine months ended September 30, 2021 is 114,300 GEOs, compared to 85,700 GEOs during the same period in 2020. 2021 production is trending towards the midpoint of the guidance range for the year. Consolidated [...]
McEwen Mining Inc. is pleased to report that William Shaver, P. Eng., has been appointed to the Board of Directors effective immediately. Mr. Shaver is a seasoned mining executive with over 50 years of management and executive experience in all facets of mine design, construction, and operations. In 1980, he was a founder of Dynatec Corporation, which became one of the leading contracting and mine operating groups in [...]
McEwen Mining Inc. announces that its subsidiary, McEwen Copper Inc., has closed the first tranche of the Series B private placement offering announced on July 6th, 2021 , issuing 4,000,000 common shares at a price of $10.00 per share for gross proceeds of $40,000,000. Subscription for the remaining 4,000,000 common shares is available to qualified accredited investors, subject to a $1 million minimum investment and [...]
McEwen Mining Inc. today reported its second quarter and first half results for the period ended June 30th, 2021. Our operations delivered strong production results in line with our expectations, and we are on track to meet our 2021 production guidance of 141,000 to 160,400 GEOs. We continue to execute on our turnaround strategy and have made significant progress both from an operational and a financial perspective . We [...]
McEwen Mining Inc. invites you to join our conference call on Thursday, August 5th, 2021, from 2:00 pm EDT, where management will discuss our Q2 2021 financial results and project developments and follow with a question-and-answer session. Questions can be asked directly by participants over the phone during the webcast. The webcast will be archived on McEwen Mining's website at https://www.mcewenmining.com/media [...]
McEwen Mining Inc. reports consolidated production for Q2 2021 was 31,700 gold ounces and 611,800 silver ounces, or 40,800 gold equivalent ounces, compared to 19,200 GEOs in Q2 2020. Overall production from our operations is on track with our previously announced 2021 production guidance. Consolidated Production Summary Q1 Q2 H1 2021 Guidance 2020 2021 2020 2021 2020 2021 Gold 29,200 23,300 15,700 31,700 44,900 55,000 [...]
McEwen Mining Inc. announces a non-brokered private placement financing of up to 8,000,000 common shares of its wholly-owned subsidiary McEwen Copper Inc. at a subscription price of US$10.00 per common share, for gross proceeds of up to US$80 million . McEwen Copper currently has 17,500,000 common shares outstanding. A lead order to purchase 50% of the Offering has been committed by Rob McEwen, Chairman and Chief Owner of [...]
McEwen Mining Inc. announces that on Wednesday, June 23, 2021, it acquired 4,963,455 common shares of NevGold Corp. , and shares purchase warrants exercisable to acquire an additional 2,481,727 common shares of NevGold at $0.60 per share until June 22, 2023, pursuant to the terms of a private transaction. As of this date, McEwen beneficially owns securities representing 10% of the currently outstanding shares of NevGold [...]
McEwen Mining Inc. reminds investors that its annual meeting of shareholders will be held virtually at: www.meetingcenter.io/236635772 on June 28, 2021 at 4:00 p.m. Eastern Time. The formal part of the meeting will be followed by a company presentation by management providing an update on our operations, project developments and expansion plans, and by a question-and-answer session. The event will be archived and become [...]