McEwen Mining Inc. today announced the pricing of $95 million aggregate principal amount of its convertible senior notes due 2030 in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended . The Company also granted to the initial purchasers of the Notes an option to purchase, for settlement within 13 days from the date of [...]
McEwen Mining Inc. today announced its intention to offer, subject to market conditions and other factors, $85 million aggregate principal amount of convertible senior notes due 2030 in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended . In connection with the offering, the Company expects to grant to the initial [...]
McEwen Mining Inc. is providing minor corrections to yesterday's press release. Please note that the resource statements remain unchanged. The corrections are related to Table 2 numbers, specifically the percentage differences between 2021 and December 2024. In addition, the price of gold used in 2021 was $1,725, not $1,750 and the recovery rate for 2021 was 85%, not 90% . McEwen Mining Inc. is pleased to report a [...]
McEwen Mining Inc. is pleased to report a significant increase in the estimated gold resources at the Fox Complex's Grey Fox deposit to December 31st, 2024, compared to the last estimate in the 2021 Fox Complex PEA . The discovery cost of this increase was US $14.46 per ounce . The deposit itself is subdivided into six different zones: Contact, 147, 147 NE, Grey Fox South , Gibson & Whiskey-Jack , shown as yellow stars in [...]
McEwen Mining Inc. is pleased to report full-year 2024 consolidated production of 135,900 gold equivalent ounces , within our guidance range for the year . During 2024, Gold Bar and San Jose produced 44,600 and 60,100 GEOs, respectively, slightly exceeding the top end of our guidance ranges for those operations. At the Fox Complex, we produced 30,150 GEOs, which was below annual guidance due to a stope failure in early [...]
McEwen Copper Inc., a subsidiary of McEwen Mining Inc. , is pleased to announce the approval of the Environmental Impact Assessment for its Los Azules copper project. The Environmental Impact Statement , which is the ministerial resolution approving the EIA, is a key permitting milestone on the way to feasibility, construction and future operation. This EIS, which is issued by the San Juan Provincial Government's Ministry [...]
Assay Highlights: 24GF-1508: 10.2 g/t Au over 11.1 m 24GF-1513: 11.2 g/t Au over 5.8 m 24GF-1512: 4.6 g/t Au over 6.6 m See Assays in Figure 2. All assay length intervals are true widths unless otherwise noted. TORONTO, Dec. 02, 2024 -- McEwen Mining Inc. is pleased to provide new assay results from its Grey Fox deposit, part of the Fox Complex located in the Timmins region of Ontario, Canada. Grey Fox is located in the [...]
McEwen Mining Inc. today released its financial and operational results for the third quarter ended September 30, 2024 . The Company achieved significant improvements in revenue and operating profitability, driven by higher gold prices and strong production. The results reflect McEwen Mining's ongoing commitment to expanding gold and silver production, advancing its large copper project and robust investment in [...]
McEwen Mining Inc. invites you to join our conference call following the release of our Q3 2024 financial results on Wednesday, November 6th, 2024, at 11:00 AM EST, where management will discuss our financial results and project developments and follow with a question-and-answer session. Participants can ask questions directly over the phone during the webcast. Wednesday November 6th 2024 at 11:00 AM EST Toll Free Dial-In [...]
McEwen Copper Inc., a subsidiary of McEwen Mining Inc. , is pleased to announce closing of an additional $35 million investment by Nuton LLC, a Rio Tinto Venture. McEwen Copper previously announced a non-brokered private placement financing of up to 2,333,333 common shares at a subscription price of US$30.00 per common share, for gross proceeds of up to US$70 million . The first tranche of the Offering was led by a $14 [...]
McEwen Mining Inc. Chairman and Chief Owner Rob McEwen Speaks with ABN Newswire about the Los Azules Copper Project in Argentina. Mr McEwen outlines the status of McEwen Mining's producing gold and silver assets, and enlarges on the development of the multi-generational copper project in Argentina, "The Los Azules Copper Project". The special features of the Los Azules project include a new architecture for mine [...]
Assay Highlights: 24GF-1471: 4.9 g/t Au over 6.4 m 24GF-1474: 13.8 g/t Au over 2.4 m 24GF-1452: 9.8 g/t Au over 2.8 m See Figure 5. All assay value intervals are true widths unless otherwise noted; TW=True Width, CW=Core Width TORONTO, Sept. 11, 2024 -- McEwen Mining Inc. is pleased to provide new assay results from its Grey Fox deposit, part of the Fox Complex located in the Timmins region of Ontario, Canada. These [...]
