McEwen Mining Inc. is pleased to announce that its 48%-owned McEwen Copper Inc. has secured an agreement with YPF Luz to power its large Los Azules copper project with 100% renewable energy. This exclusive agreement covers the supply of renewable energy through a high-voltage transmission line, with YPF Luz responsible for its development and financing. YPF Luz and McEwen Copper have signed a Memorandum of Understanding [...]
McEwen Mining Inc. and McEwen Copper Inc. are pleased to announce their participation in Fastmarkets' "Argentina: An emerging powerhouse for copper and lithium" webinar and in three upcoming industry conferences. In the Fastmarkets webinar , McEwen Mining's CEO and Chief Owner Rob McEwen participated in a panel discussion exploring Argentina's vast copper and lithium reserves and how these resources are positioning the [...]
Timberline Resources is pleased to announce that it has closed the previously announced merger with McEwen Mining The closing follows the satisfaction of all conditions to the closing of the merger, including receipt of approval by Timberline stockholders on August 16, 2024. At the effective time of the merger, the Company merged with and into a wholly owned subsidiary of McEwen, with Timberline surviving as a wholly [...]
McEwen Copper Inc., 48.3% owned by McEwen Mining, is pleased to comment on the excitement in Argentina that includes: Remarkable new legislation introduced by President Milei to encourage large domestic and foreign investments in the country; A US$4.4 Billion transaction led by BHP, the world's largest mining company, and Lundin Mining to acquire two copper deposits located in the same province in Argentina as Los Azules [...]
McEwen Mining Inc. today reported its second quarter and half year results for the period ended June 30th, 2024. "I'm delighted that this quarter was the most profitable since 2016 as measured by Adjusted EBITDA for our mining operations and Q3 is off to a good start. Production costs increased 8% quarter-over-quarter, but revenue grew by 38%. Fox and Gold Bar are capitalizing on the higher gold prices to increase [...]
McEwen Mining Inc. invites you to join our conference call following the release of our Q2 2024 financial results on Thursday, August 8th, 2024, at 11:00 AM EDT, 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. Thursday August 8th 2024 at 11:00 AM EDT Toll Free Dial-In North [...]
Timberline Resources announced that it has published its proxy statement relating to a special meeting of its stockholders to approve the previously announced merger with McEwen Mining. The special meeting is scheduled for August 16 at 9:00am Mountain Time at the offices of Davis Graham & Stubbs, 1550 17th Street, Denver. The record date for purposes of determining holders of common stock entitled to notice of, and to [...]
McEwen Mining Inc. announces the results of the MUX Annual Meeting of Shareholders held on June 27, 2024. Key approvals included the Company's 2024 Equity and Incentive Plan and the appointment of Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2024. Voting Overview: A total of 26,845,690 shares were voted, representing approximately 54.33% of the 49,408,775 [...]
McEwen Mining Inc. announces a non-brokered private placement financing of up to 2,333,333 common shares of its wholly-owned subsidiary McEwen Copper Inc. at a subscription price of US$30.00 per common share, for gross proceeds of up to US$70 million . McEwen Copper currently has 30,937,615 common shares outstanding . Lead orders to purchase 27% of the total Offering have been committed by McEwen Mining and Rob McEwen [...]
McEwen Mining Inc. is pleased to report on the progress at the Fox Complex, where we are advancing a new mine on the Stock Property. Production is planned to start in the second half of 2025. Pre-construction activities of the Stock portal have commenced, which will allow access to mining of the three gold zones, West, Main and East. In addition, the portal will provide cost-effective underground drill platforms to enable [...]
McEwen Mining Inc. is pleased to report it has closed the previously announced public financing for US$22.0 million to fund ongoing exploration and development at the Fox Complex in the Timmins region of Ontario, primarily focused on exploration drilling and the development of an underground access ramp from surface to mine the gold resources of Stock East and West. This represents the next area of production growth at [...]
McEwen Mining Inc. is pleased to announce it has priced a public financing to fund continued exploration and development at the Fox Complex in the Timmins region of Ontario, primarily focused on exploration drilling and the development of an underground access ramp from surface to mine the gold resources of Stock East and West. This represents the next area of production growth at the Fox Complex. The proceeds of this [...]
