McEwen Mining Inc. reports that it has fallen below the New York Stock Exchange 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 March 24, 2020 that the average price of its common stock for [...]
McEwen Mining Inc. reports that in order to protect the health of our workforce, their families, and the nearby communities from the spread of COVID-19, both the Black Fox and Gold Bar mines will scale down operations beginning today for a period of 14 days. Certain production and exploration activities will continue at Gold Bar in areas where social distancing can be observed, including ore crushing, irrigation of the [...]
McEwen Mining Inc. reports on the current impacts of COVID-19 on our operations. The government of Argentina has declared a state of emergency and imposed a nationwide mandatory quarantine starting today to reduce the spread of COVID-19. As a result, our 49%-owned San José mine has temporarily halted operations effective today, through at least March 31, 2020. The mine site will continue to be staffed by a reduced [...]
McEwen Mining Inc. today announced that Chris Stewart has left his position as President and Chief Operating Officer of the Company. His responsibilities will be assigned to other members of the management team. CAUTION CONCERNING FORWARD-LOOKING STATEMENTS This news release contains certain forward-looking statements and information, including "forward-looking statements" within the meaning of the Private Securities [...]
McEwen Mining Inc. today reported fourth quarter and full year results for the period ended December 31, 2019. For the full year 2019, production was 174,420 gold equivalent ounces, compared to 175,640 GEOs in 2018. Our three 100% owned mines generated a cash gross profit of $33.7 million in 2019, and a gross profit of $9.0 million. Cash gross profit, is a new non-GAAP measure used for the first time in our Form 10-K, and [...]
McEwen Mining Inc. invites you to join our conference call following the release of our Q4 and full year 2019 financial results on Tuesday, March 17th, 2020 at 2:00 p.m. EDT. Participants will have the ability to ask questions following the presentation. Tuesday, March 17th, 2020 at 2:00 p.m. EDT Toll Free : 1 211-4128 Outside US & Canada: 1 689-6724 Conference ID Number: 3479013 Webcast Link [...]
McEwen Mining Inc. invites you to join our conference call following the release of our Q4 and full year 2019 financial results on Wednesday, March 11th, 2020 at 2:00 p.m. EDT. Participants will have the ability to ask questions following the presentation. Click on the following link to register online for the webcast and add it to your calendar: https://event.on24.com/wcc/r/2208781/05022E7D0226B7520D1EC5530FCA4A1C [...]
South Zone:13.6 g/t Gold over 12.2 m29.1 g/t Au over 4.1 m4.9 g/t Au over 18.2 m147NE Zone:159.3 g/t Au over 1.6 m14.1 g/t Au over 4.5 m TORONTO, Feb. 12, 2020 -- McEwen Mining Inc. is pleased to report new high-grade drill results from Grey Fox, which is part of the Black Fox Complex, located in the prolific Timmins gold district, Canada . “Our exploration at Grey Fox has focused on drilling mineralized cross [...]
McEwen Mining Inc. is pleased to report additional positive drill results from the Whiskey Jack target in the Grey Fox area, part of the Black Fox Complex, located in the prolific Timmins gold district, Canada. Sylvain Guerard, SVP Exploration commented: “New intersections at Whiskey Jack have confirmed high‑grade gold mineralization over significant true widths, including 53 g/t Au over 6.7 m. This intersection is [...]
McEwen Mining Inc. reports consolidated production for the full year of 2019 was 134,316 gold ounces and 3,365,846 silver ounces, or 174,420 gold equivalent ounces, within our revised 2019 guidance range of 169,000 to 176,000 GEOs . Table 1 - Consolidated 2019 Production Summary Q4 Full Year Full Year 2019 Guidance 2018 2019 2018 2019 Gold 29,291 36,087 135,124 134,316 131,000-138,000 Silver 819,473 864,949 3,032,727 [...]
McEwen Mining Inc. invites you to join Rob McEwen, Chief Owner, and Sylvain Guerard, SVP Exploration, for a live webinar discussing developments from our 2019 exploration program and plans for 2020 at the Black Fox Complex, near Timmins, Canada. Participants will have the ability to ask questions following the presentation. Click on the following link to register online for the webinar and add it to your calendar [...]
Significant drilling results reported: 7.7 g/t Au over 25 m 6.3 g/t Au over 19 m 4.2 g/t Au over 14.5 m 19.1 g/t Au over 3 m TORONTO, Dec. 11, 2019 -- McEwen Mining Inc. is pleased to report additional drill results from the new Stock West zone of gold mineralization on its Stock Property, part of the Black Fox Complex, near Timmins, Canada . See our October 28, 2019 news release for initial drilling results. “The [...]