McEwen Mining Inc. engages in the exploration, development, production, and sale of gold and silver deposits in the United States, Canada, Mexico, and Argentina. The company also explores for copper deposits. The company primarily owns a 100% interest in the Gold Bar mine in Eureka County, Nevada; the Black Fox gold mine in Ontario, Canada; the El Gallo Project and Fenix silver-gold project in Sinaloa, Mexico; the Los Azules copper deposit in San Juan, Argentina; and a portfolio of exploration properties in Nevada, Canada, Mexico, and Argentina. It also owns a 49% interest in the San José mine located in Argentina. The company was formerly known as US Gold Corporation and changed its name to McEwen Mining Inc. in January 2012. McEwen Mining Inc. was founded in 1979 and is headquartered in Toronto, Canada.
IPO Year:
Exchange: NYSE
Website: mcewenmining.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/14/2021 | $2.00 → $2.10 | Buy | Roth Capital |
4 - McEwen Mining Inc. (0000314203) (Issuer)
4 - McEwen Mining Inc. (0000314203) (Issuer)
4 - McEwen Mining Inc. (0000314203) (Issuer)
4 - McEwen Mining Inc. (0000314203) (Issuer)
4 - McEwen Mining Inc. (0000314203) (Issuer)
4 - McEwen Mining Inc. (0000314203) (Issuer)
4 - McEwen Mining Inc. (0000314203) (Issuer)
4 - McEwen Mining Inc. (0000314203) (Issuer)
4 - McEwen Mining Inc. (0000314203) (Issuer)
5/A - McEwen Mining Inc. (0000314203) (Issuer)
5/A - McEwen Mining Inc. (0000314203) (Issuer)
Drilling Highlights: Multiple intercepts of stacked layers containing high-grade gold mineralization assaying up to 10.91 g/t AuEq (10.53 g/t Au and 22.83 g/t Ag) over 10.00 meters, including 15.51 g/t AuEq (14.99 g/t Au and 31.10 g/t Ag) over 7.00 meters have been confirmed in the Surebet Zone, Bonanza Zone as well as in two new stacked gold-mineralized veins, further demonstrating the consistent high grades and widths of the gold-mineralized layers vertically stacked over 1.2 km and over an area measuring 1.8 km2 at the Surebet Discovery that remains wide open.Strong mineralization confirmed in 100% of 243 widespread drill holes containing 300 intercepts to date within 1.8 km2 area where
TORONTO, Feb. 11, 2025 (GLOBE NEWSWIRE) -- McEwen Copper Inc., a subsidiary of McEwen Mining Inc. (NYSE:MUX) (TSX:MUX), is pleased to announce that its subsidiary Andes Corporación Minera S.A., has applied for admission of the Los Azules copper project to Argentina's Large Investment Incentive Regime ("RIGI"). The Los Azules Project involves an investment currently estimated at USD 2.7 billion, of which USD 227 million have been committed under the RIGI to complete the feasibility study, conduct additional exploration and perform preliminary work to render the project ready to commence construction. An additional investment of USD 2.5 billion is estimated to build the mine and production
TORONTO, Feb. 11, 2025 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) (the "Company") is pleased to announce it has closed its previously announced offering of 5.25% convertible senior notes due 2030 (the "Notes") in an aggregate principal amount of $110 million (the "Offering"), which includes the upsized offering of $95 million and the exercise in full of the $15 million option granted to the initial purchasers of the Notes. All amounts are in United States Dollars. The initial conversion rate for the Notes is 88.9284 shares of the Company's common stock per $1,000 principal amount of Notes, equivalent to an initial conversion price of approximately $11.25 per share, which
TORONTO, Feb. 07, 2025 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE:MUX) (the "Company") today announced the pricing of $95 million aggregate principal amount of its convertible senior notes due 2030 (the "Notes") in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). The Company also granted to the initial purchasers of the Notes an option to purchase, for settlement within 13 days from the date of initial issuance of the Notes, up to an additional $15 million aggregate principal amount of Notes. The sale of the Notes is scheduled to close on February 11, 2025, su
TORONTO, Feb. 06, 2025 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) (the "Company") today announced its intention to offer, subject to market conditions and other factors, $85 million aggregate principal amount of convertible senior notes due 2030 (the "Notes") in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). In connection with the offering, the Company expects to grant to the initial purchaser of the Notes an option to purchase, for settlement within a 13-day period from the date of initial issuance of the Notes, up to an additional $15 millio
32% Increase in the Indicated Resource to 1,538,000 Ounces of Gold 95% Increase in the Inferred Resource to 458,000 Ounces of Gold TORONTO, Feb. 04, 2025 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) is providing minor corrections to yesterday's press release. Please note that the resource statements remain unchanged. The corrections are related to Table 2 numbers, specifically the percentage differences between 2021 and December 2024. In addition, the price of gold used in 2021 was $1,725, not $1,750 (in the third paragraph) and the recovery rate for 2021 was 85%, not 90% (in the Footnotes to Tables 1-3). McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) is pleased to report a sign
32% Increase in the Indicated Resource to 1,538,000 Ounces of Gold 95% Increase in the Inferred Resource to 458,000 Ounces of Gold TORONTO, Feb. 03, 2025 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) is pleased to report a significant increase in the estimated gold (Au) resources at the Fox Complex's Grey Fox deposit to December 31st, 2024, compared to the last estimate in the 2021 Fox Complex PEA (refer to Table 1). The discovery cost of this increase was US $14.46 per ounce (oz). The deposit itself is subdivided into six different zones: Contact, 147, 147 NE, Grey Fox South (GFS), Gibson & Whiskey-Jack (WJ), shown as yellow stars in Figure 1. An intriguing historic public
TORONTO, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Goliath Resources Limited (TSXV:GOT) (OTCQB:GOTRF) (FSE: B4IF) (the "Company" or "Goliath") is pleased to announce that an agreement has been made for McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) to make a strategic investment into Goliath Resources. Strategic Investment Highlights Post transaction, McEwen Mining will own 3.76% of the issued and outstanding shares of Goliath Resources.McEwen Mining will pay in McEwen Mining shares worth C$10 million based on the closing price of McEwen Mining and Goliath Resources on January 28, 2025.McEwen Mining will receive a half warrant, exercisable at C$2.50 for 12 months.Goliath Resources will own 868,056 shar
TORONTO, Jan. 28, 2025 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) is pleased to report full-year 2024 consolidated production of 135,900 gold equivalent ounces ("GEOs")(1), within our guidance range for the year (press release dated Feb 12, 2024). During 2024, Gold Bar and San Jose produced 44,600 and 60,100 GEOs, respectively, slightly exceeding the top end of our guidance ranges for those operations. At the Fox Complex, we produced 30,150 GEOs, which was below annual guidance due to a stope failure in early 2024 impacting production. Table 1: Consolidated 2024 Production and 2025 Guidance Summary Full Year2024(3)(4)2024Guidance(4)2025 GuidanceConsolidated Production
TORONTO, Dec. 03, 2024 (GLOBE NEWSWIRE) -- McEwen Copper Inc., a subsidiary of McEwen Mining Inc. (NYSE:MUX) (TSX:MUX), is pleased to announce the approval of the Environmental Impact Assessment (EIA) for its Los Azules copper project. The Environmental Impact Statement (EIS), which is the ministerial resolution approving the EIA, is a key permitting milestone on the way to feasibility, construction and future operation. This EIS, which is issued by the San Juan Provincial Government's Ministry of Mines, highlights the support for copper mining in the pro-mining province of San Juan. Since submitting the EIA documentation in April 2023, which was compiled by the international engineering
TORONTO, July 02, 2024 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) ("MUX" or the "Company") announces the results of the MUX Annual Meeting of Shareholders held on June 27, 2024. Key approvals included the Company's 2024 Equity and Incentive Plan and the appointment of Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2024. Voting Overview: A total of 26,845,690 shares were voted, representing approximately 54.33% of the 49,408,775 outstanding shares entitled to vote.Directors Elected: Robert McEwen, Allen Ambrose, Ian Ball, Richard Brissenden, Nicolas Darveau-Garneau, Robin Dunbar, Michelle Makori, Merri Sanche
TORONTO, Dec. 13, 2023 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) is pleased to welcome Nicolas Darveau-Garneau as the newest member of our Board of Directors. Nicolas Darveau-Garneau ("Nick") is an artificial intelligence (AI) and digital transformation expert with over 25 years of experience. As Google's Chief Evangelist, Nick worked with the C-suites of more than 800 of Google's top customers to help them accelerate their digital transformation. He also worked as Chief Strategy and Growth Officer at Coveo, a leading AI company that provides advanced AI enterprise search solutions and relevant recommendations for powering e-commerce and customer service. Nick has been a
TORONTO, Aug. 21, 2023 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) 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 anchor and reporter, Michelle has covered and analyzed the biggest global economic, financial, and geopolitical events of the past two decades. She has interviewed heads of state, CEOs of Fortune 500 companie
TORONTO, Aug. 03, 2023 (GLOBE NEWSWIRE) -- McEwen Copper Inc., 52% owned by McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) 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 made significant contributions to the successful completion of the 2018 and 2020 feasibility studies for the Loma Larga project in Ecuador, which led the company to attract a takeover from Dundee Precious Metal
TORONTO, July 06, 2023 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) ("MUX" or the "Company") 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 (the "Increase in Authorized Preferred Capital Amendment"). Pursuant to that authority, effective June 30, 2023, the Company filed with the Secretary of State of the State of Colorado Articles of Amendment to the
TORONTO, July 12, 2022 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) ("MUX" or the "Company") announces that it is proceeding with a 1-for-10 reverse split of the common shares of the Company ("the Reverse Split") with an effective date on or about July 26th, 2022. Notice has been provided to the New York Stock Exchange ("NYSE"), and MUX's common shares are expected to begin trading on the NYSE and the Toronto Stock Exchange ("TSX"), on a consolidated basis, on or about July 26th, 2022. At the MUX Annual Meeting of Shareholders, held on July 7th, 2022, the Company's shareholders approved the proposal to grant the Board of Directors the discretion to amend the articles of in
Roth Capital reiterated coverage of McEwen Mining with a rating of Buy and set a new price target of $2.10 from $2.00 previously
Roth Capital reiterated coverage of McEwen Mining with a rating of Buy and set a new price target of $2.00 from $2.10 previously
8-K - McEwen Mining Inc. (0000314203) (Filer)
8-K - McEwen Mining Inc. (0000314203) (Filer)
8-K - McEwen Mining Inc. (0000314203) (Filer)
8-K - McEwen Mining Inc. (0000314203) (Filer)
8-K - McEwen Mining Inc. (0000314203) (Filer)
8-K - McEwen Mining Inc. (0000314203) (Filer)
10-Q - McEwen Mining Inc. (0000314203) (Filer)
EFFECT - McEwen Mining Inc. (0000314203) (Filer)
S-4 - McEwen Mining Inc. (0000314203) (Filer)
S-8 - McEwen Mining Inc. (0000314203) (Filer)
TORONTO, Nov. 05, 2024 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) today released its financial and operational results for the third quarter ended September 30, 2024 ("Q3"). The Company achieved significant improvements in revenue and operating profitability, driven by higher gold prices and strong production. The results reflect McEwen Mining's ongoing commitment to expanding gold and silver production, advancing its large copper project and robust investment in exploration programs. Financial Highlights (Q3 2024 vs Q3 2023) Revenue increased 36% to $52.3 million due to higher realized gold prices and an increase in gold equivalent ounces (GEOs) produced for our 100%-ow
TORONTO, Nov. 01, 2024 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) invites you to join our conference call following the release of our Q3 2024 financial results on Wednesday, November 6th, 2024, at 11:00 AM EST, where management will discuss our financial results and project developments and follow with a question-and-answer session. Participants can ask questions directly over the phone during the webcast. WednesdayNovember 6th 2024 at 11:00 AM ESTToll Free Dial-In North America:(888) 210-3454Toll Free Dial-In Other Countries:https://events.q4irportal.com/custom/access/2324/Toll Dial-In:(646) 960-0130Conference ID Number:3232920Webcast Link: https://events.q4inc.com/atte
Infill Drill Highlights:AZ24375:217 metersof1.11 % Cu, incl.100 metersof1.32 % CuAZ24335:158 metersof0.84 % Cu, incl.78.5 metersof1.10 % CuAZ24403:276 metersof0.86 % Cu, incl.160 metersof0.96 % CuAZ24320:146 metersof0.89 % CuAZ24332:119.6 metersof0.72 % Cu TORONTO, Aug. 08, 2024 (GLOBE NEWSWIRE) -- McEwen Copper Inc., 48.3% owned by McEwen Mining Inc. (NYSE:MUX) (TSX:MUX), is pleased to comment on the excitement in Argentina that includes: Remarkable new legislation introduced by President Milei to encourage large domestic and foreign investments in the country;A US$4.4 Billion transaction led by BHP, the world's largest mining company, and Lundin Mining to acquire two copper dep
TORONTO, Aug. 07, 2024 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) today reported its second quarter (Q2) and half year (H1) results for the period ended June 30th, 2024. "I'm delighted that this quarter was the most profitable since 2016 as measured by Adjusted EBITDA(1) for our mining operations and Q3 is off to a good start. Production costs increased 8% quarter-over-quarter, but revenue grew by 38%. Fox and Gold Bar are capitalizing on the higher gold prices to increase operating cash flow, Gold Bar in particular with its AISC at only $1,400 per GEO in H1. It's important to note that our net loss continues to be influenced by McEwen Copper and its expenses at Los Azule
TORONTO, Aug. 06, 2024 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) invites you to join our conference call following the release of our Q2 2024 financial results on Thursday, August 8th, 2024, at 11:00 AM EDT, where management will discuss our financial results and project developments and follow with a question-and-answer session. Participants can ask questions directly over the phone during the webcast. ThursdayAugust 8th 2024 at 11:00 AM EDTToll Free Dial-In North America:(888) 210-3454Toll Free Dial-In Other Countries:https://events.q4irportal.com/custom/access/2324/Toll Dial-In:(646) 960-0130Conference ID Number:3232920Webcast Link: https://events.q4inc.com/attendee/6
TORONTO, May 08, 2024 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) today reported its first quarter (Q1) results for the period ended March 31st, 2024. "During a recent trip to Argentina, together with several members of our senior management, we had the distinct pleasure of meeting with President Milei. He spoke about his plans to improve the lives of people and stimulate the country's economy through fiscal discipline and foreign-investment-friendly policies. We had a wide-ranging conversation about what steps could be taken to encourage large capital inflows to invest in productive assets that create a strong tax base and provide long-term high paying jobs. We spoke abou
TORONTO, May 06, 2024 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) invites you to join our conference call following the release of our Q1 2024 financial results on Thursday, May 9th, 2024 at 11:00 AM EDT, where management will discuss our 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. ThursdayMay 9th 2024 at 11:00 AM EDTToll Free Dial-In North America:(888) 210-3454Toll Free Dial-In Other Countries:https://events.q4irportal.com/custom/access/2324/Toll Dial-In:(646) 960-0130Conference ID Number:3232920Webcast Link: https://events.q4inc.com/attendee/87
TORONTO, Feb. 29, 2024 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) today reported its fourth quarter ("Q4") and full year 2023 financial and operational results. Net income for the year was $54.7 million or $1.15 per share versus a 2022 net loss of $81.1 million or $1.71 per share! Gold production at the Fox Complex and Gold Bar mine came in just above the low end of guidance and San José just below guidance. However, cash costs(1) and AISC(1) per ounce remain 12-18% higher than guided and need more attention. Growth Plans for 2024 "Our biggest single asset with the gre
TORONTO, Feb. 28, 2024 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) invites you to join our conference call following the release of our Q4 and year-end 2023 financials results on Friday, March 1st, 2024 at 10:00 AM EST, where management will discuss our 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. Toll Free Dial-In North America:(888) 210-3454FridayToll Free Dial-In Other Countries:https://events.q4irportal.com/custom/access/2324/March 1st 2024Toll Dial-In:(646) 960-0130at 10:00 AM ESTConference ID Number:3232920 Webcast Link: https://events.q4inc
TORONTO, Nov. 08, 2023 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) reports its results for the third quarter (Q3) and nine months ended September 30th, 2023. Operational and Financial Highlights Consolidated GEO production in Q3 improved by 8% compared to both Q2/23 and Q3/22. We produced 38,500 GEOs(1) in Q3, and 104,400 GEOs for the nine months ended September 30th. We reiterate our consolidated production guidance is at the lower end of our range of 150,000 to 170,000 GEOs for the year (see Table 1).We continue to meet safety standards at our 100% owned operations. During Q3, we had no lost-time incidents at our Fox Complex, Gold Bar Mine, and El Gallo operations.In Q3