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.
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 Black Fox mine in Timmins, Canada; the Fenix Project in Mexico; the Gold Bar mine in Nevada, currently under construction; and the large Los Azules copper project in Argentina, advancing towards development.
McEwen has approximately 345 million shares outstanding. Rob McEwen, Chairman and Chief Owner, owns roughly 23% of the shares.
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.
McEwen Mining Inc. (NYSE:MUX) (TSE:MUX) is pleased to announce that senior management will be hosting a conference call to discuss our Q3 2016 financial results and project developments on Thursday, November 3rd, 2016 at 11:00 am ET.
McEwen Mining Inc. (NYSE:MUX) (TSE:MUX) is pleased to announce that total production for the third quarter ("Q3") was 36,496 gold equivalent ounces using a gold to silver ratio of 75:1, or 24,281 gold ounces and 916,168 silver ounces. Production is on target to achieve our 2016 guidance of 144,000 gold equivalent ounces, or 99,500 gold ounces and 3,337,000 silver ounces.