McEwen Mining Inc. is pleased to report strong exploration results from the ongoing drilling at the Stock West project near Timmins, Ontario. The Stock West target, initially discovered in late-2019, is being drill-tested as part of a fully funded two-year $20 million exploration and delineation program at the Fox Complex. Drilling is designed to support a Preliminary Economic Assessment , currently underway, to evaluate [...]
McEwen Mining Inc. today reported its first quarter results for the period ended March 31st, 2021. Production was 23,300 gold ounces and 493,200 silver ounces, or 30,600 gold equivalent ounces , at the average gold:silver price ratio for the quarter of 68:1. Cash and liquid assets and positive working capital at March 31st, 2021, were $52.5 million and $35.3 million, respectively. Two financings were completed for [...]
McEwen Mining Inc. invites you to join our conference call on Monday, May 10, 2021, from 11:00 am EDT, where management will discuss our Q1 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 following the [...]
McEwen Mining Inc. reports consolidated production for Q1 2021 of 23,300 gold ounces and 493,200 silver ounces, or 30,600 gold equivalent ounces, compared to 35,100 GEOs in Q1 2020. All operations delivered production in line with budget. Production is expected to increase over the balance of the year and to be 20-40% greater than 2020. Consolidated Production Summary Q1 Full Year Full Year Guidance 2020 2021 2020 2021 [...]
McEwen Mining Inc. is pleased to announce two senior management additions: Stephen McGibbon has joined as the Executive Vice President of Exploration; and Ruben Wallin has joined as the Vice President of Environment, Health, Safety & Sustainability. "I am very pleased to welcome Steve and Ruben. With these additions we are reuniting proven performers. Peter Mah, our COO, and I worked closely with Steve at Goldcorp Inc [...]
McEwen Mining Inc. is pleased to report that activities at its El Gallo Project in Mexico have been restored following successful resolution of the concerns raised by members of the nearby communities. A new 10-year agreement has been reached providing additional support to the communities and greater long-term certainty for the El Gallo operation. ABOUT MCEWEN MINING McEwen Mining is a diversified gold and silver [...]
McEwen Mining Inc. reports that activities at its El Gallo Project in Mexico have been temporarily suspended as the result of an illegal blockade of the main access to the property by members of nearby communities. Certain individuals involved in the blockade believe that the annual payments and infrastructure improvements made to the local communities should increase significantly. El Gallo has operated harmoniously with [...]
McEwen Mining Inc. today reported fourth quarter and full year results for the period ended December 31, 2020, along with the outlook for 2021. "2020 was a brutal year but we more than survived and have come out stronger from it. The 'Going Concern Note' has been removed from our financial statements; we released two feasibility studies that shows the potential to extend the life of our Mexican operations by 9.5 years [...]
McEwen Mining Inc. is pleased to announce the filing of an updated technical report prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects , for the Gold Bar Mine . The technical report is available on SEDAR under the Company's profile at www.sedar.com. Financial Analysis The FS Base Case using a gold price assumption of $1,500/oz generates a life-of-mine discounted after-tax [...]
McEwen Mining Inc. is pleased to announce the filing of a technical report prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects , for its 100%-owned Fenix Project , which is located in the State of Sinaloa, Mexico. The technical report is available on SEDAR under the Company's profile at www.sedar.com. "The Fenix Feasibility Study envisions a 9.5-year mine life with an [...]
McEwen Mining Inc. wants you to know about of the world's largest ever incentive prize of $100 million. "As a proud member of the XPRIZE Foundation's Vision Circle, I am helping spread the extraordinary news of their newest and boldest challenge ever, XPRIZE Carbon Removal at https://www.xprize.org/prizes/elonmusk, which is aimed at tackling the biggest threats facing humanity - climate change and the imbalance in Earth's [...]
McEwen Mining Inc. , reports that it has closed the previously announced registered direct offering of common shares for aggregate gross proceeds of US$31.5 million. "I deeply regret being in a position where we had to finance at this price, a price well below what I believe to be our real value. However, the timing of this financing was critical for two key reasons: One, it completes the funding required to bring the [...]
+900,00 %
-96,97 %
