McEwen Mining Inc. (NYSE:MUX) (TSE:MUX) reports annual consolidated production in 2017 was 109,947 gold ounces and 3,178,742 silver ounces, or 152,329 gold equivalent ounces, at a gold to silver ratio of 75:1.
McEwen Mining Inc
McEwen Mining (NYSE:MUX) (TSE:MUX) has the goal to qualify for inclusion in the S&P 500 Index by creating a profitable gold and silver producer focused in the Americas. McEwen's principal assets consist of the San José mine in Santa Cruz, Argentina (49% interest), the El Gallo Gold mine and El Gallo Silver project in Mexico, the Black Fox mine in Timmins, Canada, the Gold Bar future mine in Nevada, and the Los Azules copper project in Argentina.
McEwen has a total of 337 million shares outstanding. Rob McEwen, Chairman and Chief Owner, owns 24% of McEwen.
McEwen Mining Inc. (TSE:MUX) (NYSE:MUX) has had a very busy and productive 5-week period at our Gold Bar Project, located in Central Nevada. Construction activities began immediately when we received the Environmental Impact Statement [EIS] in November.
McEwen Mining Inc. (NYSE:MUX) (TSE:MUX) ("McEwen") is pleased to announce a strategic financing to accelerate exploration at our newly acquired properties near Timmins, Ontario.
received the signed Record of Decision (ROD) on the Final Environmental Impact Statement (EIS) for the Gold Bar Project (Gold Bar), Eureka County, Nevada. Construction of Gold Bar will begin immediately.
McEwen Mining Inc. (NYSE:MUX) (TSE:MUX) reports its consolidated financial results for the third quarter ending September 30, 2017. During Q3 2017 the El Gallo mine had earnings from mining operations of $5.1 million and the San José mine had earnings from mining operations of $4.5 million.
McEwen Mining Inc. (NYSE:MUX) (TSE:MUX) reports consolidated production for Q3 2017 of 19,051 gold ounces and 749,749 silver ounces, or 29,047 gold equivalent ounces(1), using a 75:1 gold to silver ratio.
McEwen Mining Inc. (NYSE:MUX) (TSE:MUX) is pleased to announce the appointment of Sylvain Guerard as Senior Vice President, Exploration.
McEwen Mining Inc. (NYSE:MUX) (TSE:MUX) and Lexam VG Gold Inc. (TSE:LEX) (OTCMKTS:LEXVF), have entered into an agreement pursuant to which McEwen Mining would acquire all of the issued and outstanding securities of Lexam by way of plan of arrangement and Lexam would become a wholly-owned subsidiary of McEwen Mining.
McEwen Mining Inc. (NYSE:MUX) (TSE:MUX) is pleased to announce the appointment of Xavier Ochoa to President and Chief Operating Officer ("COO"). Xavier joined the Company this past September, 2016 as McEwen Mining's COO (see news release dated September 9, 2016).
McEwen Mining Inc. (NYSE:MUX) (TSE:MUX) is pleased to announce consolidated quarterly production of 36,496 gold equivalent ounces, comprised of 24,281 ounces gold and 916,168 ounces silver. For the three and nine months ended September 30, 2016, the Company reported net income of $4.2 million or $0.01 per share and $25.5 million or $0.09 per share, respectively.