McEwen Mining

McEwen Mining, Inc. engages in the the production and exploration of precious and base metals, It operates through the following geographical segments: USA, Canada, Mexico, MSC , and Los Azules. The USA segment includes the Gold Bar mine and exploration properties. The Canada segment consists of the Fox Complex, which includes the Black Fox gold mine, the Froome underground mine development and the Grey Fox and Stock advanced-stage projects, the Stock mill, and other gold exploration properties located in Timmins, Ontario, Canada. The Mexico segment comprises of El Gallo Project and the advanced-stage Fenix Project, located in Sinaloa. The MSC segment focuses in the San Jose mine, located in Argentina. The Los Azules segment operates copper exploration project located in San Juan, Argentina. The company was founded on July 24, 1979 and is headquartered in Toronto, Canada.

Earnings data Q1 2021

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Earnings data Q1 2023

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Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

McEwen Mining rebounds in 2022, eyes production growth ahead

McEwen Mining's 2022 performance showed resilience and recovery.
The company faces challenges but is poised for production growth.
Strategic partnerships and operational improvements are key strengths.
Opportunities lie in production rebound, project advancements, and cost efficiencies.

McEwen Mining (MUX) reports robust Q1 performance and growth opportunities

McEwen Mining (MUX) delivered strong financial and operational results in Q1 2023, with a significant share price increase and improved net loss. The company is focused on reducing debt, enhancing exploration efforts, and optimizing production across its mining projects. Challenges include managing transitions and addressing operational hurdles.

McEwen Mining (MUX) reports robust Q2 performance and debt reduction

McEwen Mining (MUX) delivered a strong performance in Q2 2023, marked by improved financials, debt reduction, and positive developments in key mining operations. While facing cost challenges, the company is strategically positioned to capitalize on opportunities for growth, particularly in exploration and mine expansion projects.

McEwen Mining reports stellar Q3 performance and growth opportunities

McEwen Mining's Q3 2023 earnings call highlighted robust share performance, driven by successful financing and production increases. The company is focused on advancing the Los Azules Project and expects positive cash flow from key mines. Challenges include project timelines and cost projections, while opportunities lie in market readiness and operational enhancements.

McEwen Mining reports robust earnings, eyes growth amid regulatory challenges

McEwen Mining's strong financial performance in 2023, driven by successful investments and operational improvements, positions the company for future growth. While facing challenges related to regulatory compliance and project execution, the company is actively pursuing opportunities for expansion and resource development. Strategic focus on gold and silver assets and exploration efforts underscore a positive outlook for McEwen Mining.

McEwen Mining reports Q1 loss, eyes growth through acquisitions

McEwen Mining's Q1 2024 performance showcased a mix of challenges and strengths, with a focus on growth opportunities and strategic acquisitions.
Despite the net loss and share price decline, the company's positive production results and improved EBITDA signal progress and resilience.
Optimism surrounding Argentina's political landscape and potential regulatory benefits present promising avenues for future investments and expansion.

McEwen Mining excels in Q3 2024, eyes growth opportunities

McEwen Mining's Q3 2024 showcased robust financial performance, operational achievements, and strategic advancements, positioning the company for continued growth and value creation.
While facing inquiries and challenges in capital raising, project development, and operational efficiency, the company's proactive approach and corrective actions demonstrate a commitment to transparency and progress.
With a focus on safety, exploration, and project milestones, McEwen Mining is poised to capitalize on opportunities for expansion, asset optimization, and sustainable value enhancement in the mining sector.

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TORONTO, Feb. 02, 2021 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to extend a warm welcome to all our new shareholders, provide production guidance for 2021 of an expected 141,000 to 160,400 gold equivalent ounces (GEOs)( 1), and discuss one of our most valuable yet under-appreciated assets, the Los Azules copper project. Beyond the potential of our gold and silver assets, Los Azules provides MUX with large indirect exposure to the growth of the electric vehicle market, renewable energy and the continuing urbanization of Asia.

McEwen Mining: A Warm Welcome & 2021 Production Guidance

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Operations Moving Forward, Future Growth Taking Shape, Financing Closed Operations Moving Forward, Future Growth Taking Shape, Financing Closed

McEwen Mining: Progress Update

TORONTO , Jan. 07, 2021 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to announce an updated Indicated Resource Estimate of 499,000 contained gold ounces and Probable Reserve Estimate of 302,000 recoverable gold ounces for the Gold Bar Mine in Nevada (“Gold Bar”). See Tables 1-3 for the updated estimates.

McEwen Mining: Updated Gold Bar Resource and Reserve Estimates

TORONTO, Jan. 04, 2021 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) reports consolidated production for the full year of 2020 was 92,100 gold ounces and 2,020,000 silver ounces, or 115,600 gold equivalent ounces( 1)(“GEOs”) at a gold:silver ratio of 86:1. Consolidated production for Q4 2020 was 24,100 gold ounces and 532,400 silver ounces, or 31,100 GEOs at the average gold:silver ratio for the quarter of 77:1.

McEwen Mining: 2020 Full Year and Q4 Production Results

A Near Term Production Opportunity A Near Term Production Opportunity

McEwen Mining: Fenix Project Feasibility Study

TORONTO, Dec. 23, 2020 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is deeply saddened to announce the passing of our dear friend and Director of 15 years, Dr. Leanne Baker.

McEwen Mining Mourns the Loss of Director, Dr. Leanne Baker

TORONTO, Dec. 18, 2020 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to announce that due to strong investor demand, it has increased its previously announced non-brokered private placement from 6,136,000 common shares (CDN$10,001,680) to 7,056,400 common shares (CDN $11,501,932) of the Corporation issued on a flow-through basis (the “FT Shares”) at a price per share of CDN $1.63, with an option to increase the Offering from 920,400 FT Shares (CDN$1,500,252) to 1,058,460 FT Shares (CDN$1,725,290) exercisable at any time up to two business days prior to the closing of the Offering by way of a non-brokered private placement. The Offering Price represents a premium of 22% over the closing price of McEwen Mining common shares on the TSX as of December 16, 2020.

McEwen Mining Upsizes Flow-Through Financing

TORONTO, Dec. 08, 2020 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) reports that the temporary shutdown mandated by the provincial government of Santa Cruz that applied to several mines in the region has been lifted and the San Jos é mine has resumed production. As detailed in our release dated 30th November 2020, a significant increase in Covid-19 infections prompted the government to act to halt the spread. McEwen Mining owns 49% of the San José mine, which is operated by its 51% owner, Hochschild Mining PLC.

McEwen Mining Update on the San José Mine

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McEwen (MUX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Will McEwen (MUX) Report Negative Q3 Earnings? What You Should Know

TORONTO, Oct. 16, 2020 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) reports consolidated production for Q3 2020 was 23,100 gold ounces and 575,000 silver ounces, or 30,400 gold equivalent ounces(1)(GEOs), at the average gold:silver price ratio for the quarter of 79:1. Production rebounded during Q3 after the successful restart of all four of our operations, which were temporary suspended during Q2, largely due to actions taken to prevent the spread of COVID-19 amongst our workers, business partners, and communities.

McEwen Mining: Q3 2020 Production and Exploration Results

TORONTO, Sept. 30, 2020 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX )  is pleased to announce the appointment of Anna Ladd-Kruger, CPA, as Chief Financial Officer effective immediately. Anna is an accomplished mining executive with over 20 years of leadership experience with proven achievements in directing and leading mining organizations.

McEwen Mining Appoints Anna Ladd-Kruger as Chief Financial Officer

TORONTO, Sept.  10, 2020  (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to announce that it has closed its previously announced "bought deal" private placement in the upsized amount of 6,298,166 common shares of the Company that will qualify as "flow-through shares" (within the meaning of subsection 66(15) of the Income Tax Act (Canada)) (the "Flow-Through Shares") at a price of US$1.65 (Cdn$2.18) per Flow-Through Share for total gross proceeds of US$10.4 million (Cdn$13.7 million). The Offering was completed through a syndicate of underwriters led by Cantor Fitzgerald Canada Corporation as sole bookrunner, and includes Roth Capital Partners, LLC, Red Cloud Securities Inc., and Maison Placements Canada Inc.

McEwen Mining Announces Closing of Financing

McEwen Mining Inc. (MUX) CEO Rob McEwen on Q2 2020 Results - Earnings Call Transcript

TORONTO, Aug.  06, 2020  (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) today reported its second quarter (Q2) results for the period ended June 30th, 2020.

McEwen Mining Reports Q2 2020 Results

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TORONTO, July  16, 2020  (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) reports consolidated production for Q2 2020 was 15,700 gold ounces and 359,400 silver ounces, or 19,200 gold equivalent ounces(1)(“GEOs”), at the average gold:silver price ratio for the quarter of 104:1. Production was significantly impacted by temporary mine suspensions at all four of our operations as a result steps taken to stop the spread of COVID-19, along with operational issues at several mines. 

McEwen Mining: Q2 2020 Production and Exploration Results

TORONTO, June  25, 2020  (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) (“McEwen” or the “Company”) is pleased to announce that it has successfully refinanced its $50 million senior secured term loan facility (the “Term Loan”). As part of the refinancing, Sprott Private Resource Lending II (Collector), LP has replaced Royal Capital Management Corp. as a lender and the administrative agent for the Term Loan; and Evanachan Limited, a corporation wholly-owned by Rob McEwen, remains a lender (collectively the “Lenders”). The principal amount of the loan remains $50 million.

McEwen Mining Closes the Refinancing of Its $50 Million Debt

TORONTO, June  17, 2020  (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to provide an update on our Gold Bar and Black Fox operations and mine exploration drilling.

McEwen Mining Operations and Exploration Update

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McEwen Mining's (MUX) CEO Rob McEwen on Q1 2020 Results - Earnings Call Transcript

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