McEwen Copper Inc., a subsidiary of McEwen Mining Inc. , is pleased to announce a binding agreement for an additional $10.0 million investment by Nuton LLC, a Rio Tinto Venture, and existing McEwen Copper shareholder. Nuton has agreed to invest US$10.0 million to acquire shares of McEwen Copper in a two-part transaction expected to close by October 19th, 2023 consisting of a private placement of 152,615 McEwen Copper [...]
McEwen Copper Inc., a subsidiary of McEwen Mining Inc. , is pleased to announce the closing of an additional ARS $42 billion investment by Stellantis, one of the world's leading automakers and mobility providers with iconic brands including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep®, Lancia, Maserati, Opel, Peugeot, RAM, Vauxhall, Free2Move and Leasys. Stellantis N.V. , which in February [...]
Drillhole SM23-201: 21.6 g/t Au over 5.1 m in the Ramp Portal Zone Drillhole SM23-308: 38.5 g/t Au over 7.4 m Down-plunge of Stock West Drillhole SM23-281: 98.8 g/t Au over 0.9 m in Footwall Timiskaming Sediments TORONTO, Oct. 03, 2023 -- McEwen Mining Inc. is pleased to report new assay results from the Stock Property, part of the Fox Complex near Timmins, Ontario. Geological investigations have identified two principal [...]
McEwen Mining Inc. is pleased to welcome Michelle Makori as our newest member of our Board of Directors. Michelle is an internationally acclaimed broadcast journalist, news anchor, reporter, and producer. Currently she is the Editor-in-Chief and Lead Anchor at Kitco News, focusing on commodities and precious metals. Michelle has worked as an anchor, reporter and producer for Bloomberg, CNN Money, i24News and SABC. As an [...]
McEwen Mining Inc. reported its second quarter and half year results for the period ended June 30th, 2023. "The year started with operational challenges at both Gold Bar and San José. San José appears to have turned the corner and we are confident that the plan in place for Gold Bar will do the same. Fox Complex has delivered another solid quarter and we expect even better results in the second half of the year. We thank [...]
McEwen Copper Inc., 52% owned by McEwen Mining Inc. is pleased to announce the appointment of Mr. Darren King as Exploration Director. With over 35 years of international experience in all stages of copper and gold exploration across North, Central, and South America, Darren brings a wealth of expertise to his new role. Before joining McEwen Copper, Darren served as Vice President of Exploration at INV Metals, where he [...]
McEwen Copper Inc., 52% owned by McEwen Mining Inc. , today reports additional assay results of the recently completed drilling season at its Los Azules project, located in San Juan, Argentina. "These assay results include significant copper values over wide intercepts and demonstrate very good agreement between these new assay results and those predicted by the resource block model used in the 2023 Preliminary Economic [...]
McEwen Mining Inc. invites you to join our conference call following the release of our Q2 2023 financials results on Thursday, August 10th, 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 [...]
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 [...]
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