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 Q4 2020

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Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 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.

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McEwen Mining's stock price made a big price move, but in which direction? And is it even all that important?

Why McEwen Mining Stock Dropped 90% -- or Did It Rise 12% Today?

TORONTO, July 12, 2022 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) ("MUX" or the "Company”) announces that it is proceeding with a 1-for-10 reverse split of the common shares of the Company ("the Reverse Split") with an effective date on or about July 26th, 2022.  Notice has been provided to the New York Stock Exchange ("NYSE"), and MUX's common shares are expected to begin trading on the NYSE and the Toronto Stock Exchange ("TSX"), on a consolidated basis, on or about July 26th, 2022.

McEwen Mining Announces AGM Voting Results and Reverse Split

Drilling returns: 330.0 m of 0.83% Cu including 103.4 m of 1.31% Cu (AZ22146) 298.0 m of 0.55% Cu including 54.0 m of 1.38% Cu (AZ22149) 176.0 m of 1.00% Cu including 44.0 m of 1.38% Cu (AZ22158)

McEwen Copper: Los Azules Progress Report #3

TORONTO, June 21, 2022 (GLOBE NEWSWIRE) -- McEwen Copper Inc., a subsidiary of McEwen Mining Inc. (NYSE: MUX) (TSX: MUX), is pleased to announce the closing of the second tranche of the previously announced private placement offering (the “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 $15.0 million. The amounts raised in the first and second tranches of the private placement now stand at $55.0 million. The Offering remains open until July 6th, 2022.

McEwen Copper Closes US$15.0 Million Second Tranche of Private Placement

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McEwen Mining (NYSE:MUX ) Q1 2022 Earnings Conference Call May 13, 2022 12:00 PM ET Company Participants Rob McEwen - Chairman and Chief Executive Officer Anna Ladd-Kruger - Chief Financial Officer Rory Greyvensteyn - Director of Operations, Canada Adrian Blanco - Director of Operations USA & Mexico Stephen McGibbon - Executive Vice President of Exploration Michael Meding - Vice President, Copper and General Manager Bill Shaver - Director Conference Call Participants Operator Hello, ladies and gentlemen, welcome to the McEwen Mining's Q1 2022 Operating and Financial Results Conference Call. Present from the company today are Rob McEwen, Chairman and Chief Owner; Anna Ladd-Kruger, Chief Financial Officer; Rory Greyvensteyn, Director of Operations, Canada; Adrian Blanco Director of Operations, USA and Mexico; Stephen McGibbon, Executive Vice President of Exploration; Michael Meding, Vice President of McEwen, Copper and General Manager.

McEwen Mining (MUX) CEO Rob McEwen on Q1 2022 Results - Earnings Call Transcript

(Kitco News) - McEwen Mining (TSX: MUX) yesterday reported its Q1 2022 production of 20,850 gold ounces and 336,500 silver ounces, or 25,100 gold equivalent ounces (GEOs), a decline of 18% compared to 30,600 GEOs during Q1 2021.

McEwen posts net loss of $19.3 million in first quarter as gold equivalent production down 18%

McEwen (MUX) delivered earnings and revenue surprises of -33.33% and 18.91%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

McEwen (MUX) Reports Q1 Loss, Lags Revenue Estimates

TORONTO, May 10, 2022 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) today reported its first quarter (Q1) results for the period ended March 31st, 2022.

McEwen Mining: Q1 2022 Results

TNR Gold Corp (TSX-V:TNR, OTC:TRRXF) has updated on progress at the Los Azules copper project in Argentina held by McEwen Mining - an asset which could be bigger and more valuable than stated previously and where TNR holds a net smelter returns (NSR) royalty. The company has a 0.4% NSR royalty on the property, including a 0.04% NSR held on behalf of a shareholder.

TNR Gold updates on its NSR royalty at Los Azules copper project via McEwen Mining's progress report

TORONTO, May 06, 2022 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) (“McEwen Mining” or the “Company”) 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 served as CFO of the Company and its predecessor from 2008 to 2015 and subsequently served as CFO of Kirkland Lake Gold and, most recently, of Mountain Province Diamonds.

McEwen Mining Announces Senior Management Changes

TORONTO, May 05, 2022 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) invites you to join our conference call on Friday, May 13th, 2022, from 12:00 pm EDT, where management will discuss our Q1 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.

McEwen Mining: Q1 2022 Results Webcast

TORONTO, May 04, 2022 (GLOBE NEWSWIRE) -- McEwen Copper Inc., a subsidiary of McEwen Mining Inc. (NYSE: MUX) (TSX: MUX), is pleased to provide a progress report on recent successes and future work planned at the Los Azules copper project in San Juan, Argentina.

McEwen Copper: Los Azules Progress Report #2

TORONTO, April 25, 2022 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) 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 (Preliminary Economic Assessment). At Gold Bar, drilling is following up on mineralized trends in and around the Pick Pit, and on exploration opportunities around the nearby Atlas property that was acquired in 2020.

MCEWEN MINING: Exploration Update for Fox Complex & Gold Bar

TORONTO, April 05, 2022 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX)(“McEwen” or the “Company”) is pleased to announce that it has amended its $50 million senior secured term loan facility (the “Term Loan”) to gain financial flexibility and entered into a new $15 million unsecured subordinated promissory note (the “Promissory Note”).

McEwen Mining Amends Term Loan Facility and Raises Additional $15 Million from Rob McEwen

TORONTO, March 10, 2022 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to provide production and cost guidance for 2022. We are estimating production of 153,000 to 172,000 gold equivalent ounces (GEOs) in 2022. Cash costs and all-in sustaining costs (AISC) per GEO sold for 2022 from our 100%-owned mines (Gold Bar and Fox) are expected to be in the range $1,310-1,410 and $1,570-1,690, respectively. At San José, production is estimated to be 69,500 to 77,500 GEOs at an AISC per GEO sold of $1,330-1,370.

McEwen Mining Provides 2022 Guidance

McEwen Mining (MUX) CEO Rob McEwen on Q4 2021 Results - Earnings Call Transcript

TORONTO, March 01, 2022 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) today reported fourth quarter and full year results for the period ended December 31, 2021.

McEwen Mining: 2021 Year End and Q4 Results

TORONTO, Feb. 17, 2022 (GLOBE NEWSWIRE) -- McEwen Copper Inc., a subsidiary of McEwen Mining Inc. (NYSE: MUX) (TSX: MUX), is pleased to announce that Michael Meding has joined as Vice President of Andes Corporacion Minera SA. in Argentina. Mr. Meding is accountable for the overall direction and management of the Los Azules copper project in San Juan. He will play a significant role in taking McEwen Copper through its next phases of technical studies, upcoming IPO, and development as a global model for environmentally and socially responsible green mining.

McEwen Copper Announces Management Addition

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TORONTO, Jan. 26, 2022 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to provide summary results from the Fox Complex Preliminary Economic Assessment ("Fox PEA" or "PEA"), which outlines a mine life of over twelve (12) years, generating average annual production of 71,980 gold ounces, at average cash costs and all-in sustaining costs ("AISC") per ounce under $800 and $1,225, respectively.(1)(2) Peak annual gold production of approximately 100,000 ounces occurs in Years 6 to 10 of the mine life.

McEwen Mining: Fox PEA – Higher Production, Longer Life

TORONTO, Jan. 19, 2022 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to report consolidated production for the full year of 2021 was 34% higher than in 2020 and Q4 2021 was 29% higher than in Q4 2020. Production guidance for 2021 was achieved. Full year production was 154,410 gold equivalent ounces( 1)(“GEOs”) consisting of 118,500 gold ounces and 2,572,000 silver ounces. In Q4, production was 40,150 GEOs consisting of 31,300 gold ounces and 682,700 silver ounces.

MCEWEN MINING: Higher Production – 2021 & Q4

TORONTO, Jan. 11, 2022 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) reports that Anna Ladd-Kruger, the Company's Chief Financial Officer, is temporarily on leave for health reasons. She is expected to return to regular duties in the near future. During Mrs. Ladd-Kruger's absence, other executive officers of the Company will assume her duties, including Segun Odunuga CPA, CA, MBA, Vice President, Corporate Controller, who will take responsibility for the management of the financial team and who will act as temporary principal financial officer until further notice.

McEwen Mining: CFO on Temporary Medical Leave

(Kitco News) - If the share price has not recovered, the company's stock will be subject to NYSE suspension and delisting procedures.

McEwen Mining to 'regain compliance' after falling below NYSE listing requirements

TORONTO, Jan. 06, 2022 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) reports that it has fallen below the New York Stock Exchange ("NYSE") continued listing requirement related to the price of its common stock. The NYSE requires that the average closing price of a listed company's common stock be above US$1.00 per share, calculated over a period of 30 consecutive trading days. The Company was notified by the NYSE on January 5th, 2022 that the average price of its common stock for the previous 30 trading days was below $1.00 per share.

News for McEwen Mining Stock (MUX)