McEwen Copper Inc., 52% owned by McEwen Mining Inc. , today reports additional copper values over wide intercepts resulting from drilling performed on its Los Azules project, located in San Juan, Argentina. McEwen Copper recently published an updated Preliminary Economic Assessment on a copper leaching phase of development . Infill and other resource drilling completed since the PEA model data cut-off date confirm very [...]
McEwen Mining Inc. announces the results of the MUX Annual Meeting of Shareholders, held on June 29, 2023. The Shareholders approved, among other things, proposals to amend the Company's Second Amended and Restated Articles of Incorporation to increase the number of shares of preferred stock authorized to be issued from 2 to 10,000,000 and to increase the total authorized shares accordingly . Pursuant to that authority [...]
The PEA includes an updated independent mineral resource estimate, which increased to 10.9 billion lbs. Cu and 26.7 B lbs. Cu Base Case Highlights : Average annual copper cathode production of 401 million lbs. during the first 5 years of operation, and 322 million lbs. over the 27-year life of the mine Total Cu recoverable to cathode of 8.68 billion lbs., based on the LOM extraction of mineralized material containing [...]
McEwen Mining Inc. today reported that it has repaid $25 million of its senior secured debt payable to Sprott Resource Lending and Sprott is no longer a lender. Prior to the repayment, the Company had $50 million in senior secured debt and a $15 million unsecured promissory note, for a total debt of $65 million. Concurrent with the repayment to Sprott, the senior secured debt was amended and restated in the amount of $40 [...]
McEwen Mining Inc. today reported its first quarter results for the period ended March 31st, 2023. "This quarter we completed a series of large financing transactions involving shares of our McEwen Copper subsidiary, which has increased the market value attributable to our copper business to $550 million from $257 million at the conclusion of the prior financing round in August 2022. As 52% owner, McEwen Mining [...]
High Grades Near Surface in Proximity to the Proposed Ramp System to Stock West Hole SM23-145: 18.9 g/t Au over 9.4 m Hole SM22-116: 18.7 g/t Au over 3.0 m Hole SM23-133: 11.9 g/t Au over 2.6 m TORONTO, May 08, 2023 -- McEwen Mining Inc. is pleased to report assay results from three zones at the Stock Property, part of the Fox Complex near Timmins . Results from eight near surface holes close to high-grade intersections [...]
Significant Infill Intercepts 231 m of 0.97% Cu, including 188 m of 1.09% Cu 550 m of 0.50% Cu, including 216 m of 0.72% Cu TORONTO, May 05, 2023 -- McEwen Copper Inc., 52%-owned by McEwen Mining Inc. , today reports the latest assay results from Los Azules, where an ongoing infill drilling program continues to delineate copper mineralization in the core of the deposit. Infill drilling serves several purposes: providing [...]
Significant Infill Intercepts 231 m of 0.97% Cu, including 188 m of 1.09% Cu 550 m of 0.50% Cu, including 216 m of 0.72% Cu TORONTO, May 04, 2023 -- McEwen Copper Inc., 52%-owned by McEwen Mining Inc. , today reports the latest assay results from Los Azules, where an ongoing infill drilling program continues to delineate copper mineralization in the core of the deposit. Infill drilling serves several purposes: providing [...]
McEwen Mining Inc. invites you to join our conference call following the release of our Q1 2023 financials results on Tuesday, May 9th, 2023 at 11:00 AM EDT, where management will discuss our financial results and project developments and follow with a question-and-answer session. Questions for the call can be emailed in advance to info@mcewenmining.com, or can be asked directly by participants over the phone during the [...]
Significant Infill Intercepts0.50% Cu over 502 m, including 0.87% Cu over 172 m 1.00% Cu over 282 m, including 1.40% Cu over 172 m 0.66% Cu over 500 m, including 0.92% Cu over 276 m TORONTO, April 05, 2023 -- McEwen Copper Inc., 52%-owned by McEwen Mining Inc. , is pleased to report the latest assay results from Los Azules, where an ongoing drilling program continues to deliver consistent infill results. Located in San [...]
McEwen Mining Inc. today reported fourth quarter and full year results for the period ended December 31, 2022. "2022 was an important transition year for McEwen Mining. Our Fox operation in Timmins showed the largest improvement from 2021, with a 22% increase in gold production, 8% lower cash costs per ounce and steady all-in sustaining costs per ounce. Our operation in Nevada has now transitioned production to our Gold [...]
McEwen Mining Inc. invites you to join our conference call following the release of our Q4 and year-end 2022 financials results on Tuesday, March 14th, 2023 at 11:00 AM EST, where management will discuss our 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. Tuesday Mar 14th 2023 at 11:00 AM EST Toll [...]
