McEwen Mining reported its second quarter (Q2) results for the period ended June 30th, 2022. Fox Complex performed well, producing 11,200 GEOs, the highest quarterly production in over three years, at cash costs of $985 per GEO and AISC of $1,290 per GEO. Average cash costs(2) per GEO sold from our 100%-owned mines in Q2 was $1,169, 15% below our guidance midpoint of $1,380 per GEO. Average all-in sustaining costs per GEO [...]
McEwen Mining invites you to join our conference call on Thursday, August 11th, 2022, from 11:00 am EDT, where management will discuss our Q2 2022 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. Thursday - August 11th, 2022 at 11:00 am EDT
McEwen Copper is pleased to report the latest assay results from its Los Azules project, which continues to deliver long intercepts of good grades. The drill program underway has three important objectives: Improve confidence in the resource by converting Inferred mineral resources to the Indicated category; Accelerate project advancement with metallurgical, hydrological and geotechnical drilling and
McEwen Mining announces that starting tomorrow the Company’s common shares are expected to begin trading on the NYSE and TSX after giving effect to the 1-for-10 reverse split previously announced on July 12th, 2022. Following effectiveness of the Reverse Split the Company expects to regain compliance with NYSE continued listing requirements and remain listed on the NYSE. Pursuant to the approval by the shareholders at the [...]
McEwen Mining announces that it is proceeding with a 1-for-10 reverse split of the common shares of the Company with an effective date on or about July 26th, 2022. Notice has been provided to the NYSE, and MUX's common shares are expected to begin trading on the NYSE and the TSX, on a consolidated basis, on or about July 26th, 2022. At the MUX Annual Meeting of Shareholders, held on July 7th, 2022, the Company's [...]
Nova Minerals Ltd. is pleased to announce that it has appointed experienced mining executive Ms. Anna Ladd-Kruger, to the Board of Directors in the capacity of an independent Non-Executive Chair of the Board, to add to the technical and corporate governance as the Company progresses the development of its flagship Estelle Gold Project in Alaska. Anna is an accomplished, well-rounded mining executive with over 20 years of [...]
McEwen Copper is pleased to provide its 3rd progress report on the advancement of its large Los Azules copper project located in the San Juan province, Argentina. Improving Our Knowledge & Confidence of This Copper Resource The objectives of our 59,000-meter drilling program at Los Azules are to: upgrade the Inferred mineral resources to Indicated; conduct metallurgical, hydrological and geotechnical drilling to [...]
McEwen Copper is pleased to announce the closing of the second tranche of the previously announced private placement offering of up to 8,000,000 common shares of McEwen Copper Inc. priced at US$10.00 per common share. The second tranche is comprised of a $10 million investment by the Victor Smorgon Group advised by Arete Capital Partners, both of Australia, and $5 million from other investors, for total gross proceeds of [...]
McEwen Mining reported its Q1 results for the period ended March 31st, 2022. Production was 20,850 gold oz and 336,500 silver ounces, or 25,100 gold equivalent oz (GEOs), compared to 30,600 GEOs during Q1 2021. Average cash costs(2) per GEO sold from our 100%-owned mines in Q1 was $1,696, below our guidance of $1,940 to 2,100 per GEO. Average all-in sustaining costs per GEO sold from our 100%-owned mines was $2,146, below [...]
McEwen Mining(announces that Anna Ladd-Kruger, Chief Financial Officer, has decided to retire to focus on her health and family; she will depart after the first quarter reporting is complete and an orderly transition is in place. CFO responsibilities will be assumed on an interim basis by Perry Y. Ing until a new executive transitions into the position. Mr. Ing, CA, CPA, CFA, is an experienced executive who previously [...]
McEwen Copper Inc., a subsidiary of McEwen Mining Inc. , is pleased to provide a progress report on recent successes and future work planned at the Los Azules copper project in San Juan, Argentina. A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/34d069c1-1896-482a-966f-053692a76f2f A photo accompanying this announcement is available at [...]
McEwen Mining Inc. is pleased to provide an update on its 2022 exploration program at the Fox Complex properties near Timmins, Canada, and at the Gold Bar properties in Nevada. The programs are focused on expanding known mineral resources. At the Fox Complex, the objective is to shorten the payback period outlined in the Fox Complex PEA. At Gold Bar, drilling is following up on mineralized trends in and around the Pick [...]
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