McEwen Mining Inc. MUX Archives - Page 5 of 9

FridayMay 31, 2024 11:15 am

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Advances Los Azules Project with Comprehensive Drilling Program

Completion of a 70,000 meters drilling program at Los Azules project, is confirming the potential for significant copper production Discovery of significant mineralization extensions beyond the planned pit area, suggesting the possibility of resource expansion Strategic multi-year drilling campaign aimed at supporting the Los Azules Bankable Feasibility Study, with a focus on sustainability and low environmental impact McEwen Copper Inc., under the partial ownership of McEwen Mining (NYSE: MUX) (TSX: MUX), has made significant progress at its Los Azules project in Argentina, marking a pivotal moment with the recent completion of a comprehensive 70,000 meters drilling program. This achievement is…

WednesdayMay 29, 2024 12:48 pm

QualityStocksNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Announces Financing to Fund Exploration and Development at the Fox Complex

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) has announced that it priced a public financing to fund continued exploration and development at the Fox Complex in the Timmins region of Ontario, primarily focused on exploration drilling and the development of an underground access ramp from surface to mine the gold resources of Stock East and West. This represents the next area of production growth at the Fox Complex. McEwen Mining intends to use the proceeds of this financing for qualifying Canadian Exploration Expenses within the meaning of subsection 66.1(6) of the Income Tax Act (Canada) and Canadian Development Expenses within the…

TuesdayMay 28, 2024 3:45 pm

QualityStocksNewsBreaks – McEwen Mining (NYSE: MUX) (TSX: MUX) Reports Attractive Gold Grades at Grey Fox, Strengthened Potential for Open Pit Mining

McEwen Mining (NYSE: MUX) (TSX: MUX) yesterday announced promising new assay results from the Grey Fox deposit within its Fox Complex. The highlights include significant gold grades at both shallow and deeper levels, suggesting potential for low-cost open pit mining and intriguing follow-up targets. Notable assay results including but not limited to 586.7 g/t Au over 0.5 meters and 14.3 g/t Au over 5.0 meters, are indicative of prospective high-grade gold zones. Grey Fox's current resource estimate stands at 1,168,000 ounces of gold at a grade of 4.80 g/t Au (Indicated) and 236,000 ounces of gold at 4.35 g/t Au…

FridayMay 24, 2024 3:07 pm

QualityStocksNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Stands out as Key Player in Basic Materials Space

McEwen Mining (NYSE: MUX) (TSX: MUX) has been a standout performer in the basic materials sector this year, showcasing a remarkable growth trajectory that has caught the attention of investors and analysts alike. “With a year-to-date stock price increase of approximately 51%, MUX has significantly outpaced the average performance of its sector peers, which have seen an average decline of about 2.7%. This impressive growth is not just a number but a testament to the company’s resilience and potential for future gains,” reads a recent article. “The surge in MUX’s stock price is further bolstered by a substantial upward revision…

MondayMay 20, 2024 9:30 am

Did Institutional Investors Drop The Ball With McEwen Mining Inc. (NYSE: MUX) (TSX: MUX)?

Mid-cap mining company, McEwen Mining (NYSE: MUX) (TSX: MUX) recently reported its first quarter results for 2024. (https://ibn.fm/ZDZ5U). It wasn’t a stellar quarter for the company’s gold/silver/copper operations. However, in pricing in this news it appears that the market and institutional investors, in particular, took their eye off the ball here – and lost track of the Big Picture. The Big Picture right now for McEwen Mining is McEwen Copper. McEwen Copper is a private company, with ownership roughly split between McEwen Mining (47.7%), institutional investors (33.9%), and other major investors including Rob McEwen himself (12.9%). For those not already…

ThursdayMay 16, 2024 3:05 pm

QualityStocksNewsBreaks – McEwen Mining Inc.’s (NYSE: MUX) (TSX: MUX) McEwen Copper Reports on Assay Results from Completed Feasibility Drilling Program

McEwen Mining (NYSE: MUX) (TSX: MUX), a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina, owns 47.7% of McEwen Copper Inc., a well-funded, private company that owns 100% of the large, advanced-stage Los Azules copper project in Argentina. McEwen Copper today provided the assay results from the currently completed drill season at the Los Azules project. According to the company, initial interpretation of the assay results suggests that its infill drilling will result in an increase in Measured and Indicated resources and an overall mineral inventory within 5% of the PEA estimate. The announcement noted that…

WednesdayMay 15, 2024 9:00 am

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Shows Strong Market Performance in Past 3 Months

Remarkable gain of 62.1% over the last 12 weeks, indicating strong market momentum H.C. Wainwright raised its price target to $15, reflecting a bullish outlook Strong financial health with a current ratio of 1.37 and a low debt ratio of 0.064, showcasing a robust balance sheet McEwen Mining (NYSE: MUX) (TSX: MUX) has been catching the attention of investors and analysts alike, demonstrating a robust performance in the stock market. With a significant uptick in its share price over the last 12 weeks, MUX has shown a remarkable gain of 62.1%. This trend of sustained positive momentum over time is…

WednesdayApr 24, 2024 11:15 am

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Shines in the Basic Materials Sector

McEwen Mining (NYSE: MUX) (TSX: MUX) has been a standout performer in the Basic Materials sector this year, showcasing a remarkable growth trajectory that has caught the attention of investors and analysts alike. With a year-to-date stock price increase of approximately 51%, MUX has significantly outpaced the average performance of its sector peers, which have seen an average decline of about 2.7%. This impressive growth is not just a number but a testament to the company's resilience and potential for future gains. The surge in MUX's stock price is further bolstered by a substantial upward revision in earnings estimates. Over…

WednesdayOct 04, 2023 10:03 am

QualityStocksNewsBreaks — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Shares Update in Latest Assay Report

McEwen Mining (NYSE: MUX) (TSX: MUX), a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina, is reporting new assay results on its Fox Complex, which is located near Timmins, Ontario. Key findings indicate two principal plunge directions (or vectors) controlling mineralization with both appearing to originate at the Ramp Portal Zone. According to the announcement, the results from 21 diamond drillholes are reported for three key target areas at McEwen’s Stock West Project: Ramp Portal Zone, Shallow Plunge and Steep Plunge. Additionally, findings show two intriguing results that suggest other directions for the Stock resource to…

MondayJul 24, 2023 12:58 pm

QualityStocksNewsBreaks — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Leveraging Updated Implementation Strategy for Los Azules Project

McEwen Mining (NYSE: MUX) (TSX: MUX), an asset-rich diversified gold and copper producer that owns 52% of McEwen Copper, recently released the results of an updated Preliminary Economic Assessment (“2023 PEA”) on the 100% McEwen Copper-owned Los Azules Project in San Juan, Argentina. The 2023 PEA documented “updated base case development strategy, which is starkly different from that presented in the previous PEA published in 2017, as well as an updated independent mineral resource estimate,” a recent article reads. “The selection of the updated implementation strategy rode on three primary principles, chief among them the environmental footprint. Compared to the…

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