McEwen Mining Inc.

McEwen Mining Inc. is pleased to announce a financing to fund continued exploration at the Fox Complex in the Timmins region of Ontario. These funds will be employed to build on the business case outlined in our recently announced preliminary economic assessment . The financing consists of a US$15,080,000 private placement offering of 14,500,000 flow-through common shares of the Income Tax Act ) priced at US$1.04 per [...]

McEwen Mining Inc. is pleased to provide summary results from the Fox Complex Preliminary Economic Assessment , which outlines a mine life of over twelve years, generating average annual production of 71,980 gold ounces, at average cash costs and all-in sustaining costs per ounce under $800 and $1,225, respectively. Peak annual gold production of approximately 100,000 ounces occurs in Years 6 to 10 of the mine life. "The [...]

McEwen Mining Inc. 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 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 Inc. 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 [...]

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 January 5th, 2022 that the average price of its common stock for [...]

McEwen Copper Inc., a subsidiary of McEwen Mining Inc. , is pleased to provide a summary of the work at the Los Azules copper project in San Juan, Argentina, that started in earnest this July 2021. Our two immediate objectives on our path to designing and constructing the copper mine of the future are to: Advance Los Azules from its current stage of development to a Pre-Feasibility Study ; and Construct a new road, the [...]

McEwen Mining Inc. is pleased to announce that drilling continues to deliver good widths and grades at the Fox Complex, both from exploration at Stock and delineation at Froome. Highlights include: Assay results show the potential of the Stock mineralized zones to extend to depth and down plunge. What has been outlined to date will contribute to our immediate growth plans. Drilling is planned for 2022 to investigate the [...]

Certarus Ltd. has entered into a long-term agreement with McEwen Mining Inc. to convert and supply the Fox Complex in Matheson, Ontario with compressed natural gas for mine air heating in the underground ventilation system. CNG will be used to replace propane as the primary fuel for heating at both the Froome and Black Fox Mines. CNG is a high-performance, lower carbon fuel alternative that offers cost savings and [...]

McEwen Mining Inc. today reported its third quarter results for the period ended September 30th, 2021. We continue to execute our turnaround strategy and have made significant progress both from an operational and a financial perspective . We expect this trend to continue with the ongoing production ramp-up from the Froome deposit at the Fox Complex. Our operations delivered production results in line with our [...]

McEwen Mining Inc. invites you to join our conference call on Thursday, November 4th, 2021, from 2:00 pm EDT, where management will discuss our Q3 2021 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. The webcast will be archived on McEwen Mining's website at https://www.mcewenmining.com/media [...]