McEwen Mining Inc. MUX Archives - Page 6 of 9

MondayJul 24, 2023 9:45 am

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Reports Additional Copper Values at Los Azules Project; Eyes Further Value for Company

McEwen just reported new copper assays at its Los Azules project in San Juan, Argentina, the 9th largest undeveloped copper deposit in the world These results lead the company closer to realizing the full extent and economic potential of the deposit The latest drilling program, which began in October 2022 and concluded on June 19, 2023, has attracted new investment capital at rates implying a significant boost in the company’s value McEwen’s management is confident a future mine would support annual production of 415 million pounds of copper during its first 13 years at Los Azules, while creating long-term and…

TuesdayJul 18, 2023 9:00 am

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Reframes Approach to Sustainable Innovation in 2023 PEA Base Case Development Strategy for Decisive Los Azules Project

McEwen’s 2023 PEA marks a turnaround from the 2017 PEA, which previously focused on the construction of a mine with a conventional mill and floatation concentrator The 2023 PEA preparation was guided by three fundamental principles: environmental footprint, reduced permitting risk, and cathode production McEwen’s management is optimistic that the new direction will draw the company closer to achieving its full and substantial potential, paying off monetarily while reducing the company’s upstream environmental impacts McEwen Mining (NYSE: MUX) (TSX: MUX), an asset-rich diversified gold and silver producer in the Americas, just announced its reframed approach to sustainable innovation for its…

WednesdayJul 12, 2023 11:16 am

QualityStocksNewsBreaks – McEwen Mining Inc.’s (NYSE: MUX) (TSX: MUX) 52% Owned McEwen Copper Releases Latest Assay Results from Los Azules

McEwen Copper Inc., 52% owned by McEwen Mining Inc. (NYSE: MUX) (TSX: MUX), today announced additional copper values over wide intercepts resulting from drilling performed on its San Juan, Argentina-based Los Azules project. McEwen Copper recently published an updated Preliminary Economic Assessment (“PEA”) on a copper leaching phase of development. Completed since the PEA model data cut-off date, infill and other resource drilling confirm very good alignment of new assay results to the resource model prediction for the same area. In addition, copper grade continuity modeled in the core of the deposit is well-supported by core logging and new assay…

WednesdayJul 12, 2023 9:00 am

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) 2023 PEA’s Proposed Base Case Development Strategy Expected to Measurably Reduce Environmental Impact of Mining Operations at Los Azules Project

McEwen Mining, an asset-rich diversified gold and copper producer that owns a 52% stake in McEwen Copper, recently released the results of an updated Preliminary Economic Assessment (“2023 PEA”) The 2023 PEA documented, among others, an updated independent mineral resource estimate and a base case development strategy that is distinctly different from that proposed in the 2017 PEA The recent PEA proposes the development of an open pit mine with crushing, heap leaching, and solvent extraction and electrowinning (“SW/EW”) facilities to process the mined materials, producing copper cathodes that meet LME Copper Grade A quality standards The updated development strategy…

FridayJul 07, 2023 10:16 am

QualityStocksNewsBreaks — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Reports on Annual General Meeting Voting

McEwen Mining (NYSE: MUX) (TSX: MUX), a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina, is reporting the results of its recent Annual Meeting of Shareholders. The meeting was held on June 29, 2023, and during the gathering the shareholders voted on and approved three main proposals. Shareholders voted to increase the number of shares of preferred stock authorized to be issued from 2 to 10 million and to increase the total authorized shares accordingly. As a result, effective June 30, 2023, the company filed with the state of Colorado an “Articles of Amendment to the…

TuesdayJun 20, 2023 10:59 am

QualityStocksNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Announces 2023 PEA Results on Los Azules Copper Project

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) today provided results of the updated Preliminary Economic Assessment (the “2023 PEA”) on the Los Azules Copper Project in San Juan Argentina (the “project”). The project is 100% owned by McEwen Copper Inc., which is 52% owned by McEwen Mining. According to the announcement, the PEA includes an updated independent mineral resource estimate, which increased to 10.9 billion (“B”) lbs. copper (“Cu”) (indicated, grade 0.40% ) and 26.7 B lbs. Cu (inferred, grade 0.31% ). Among the base highlights, the company reported total Cu recoverable to cathode of 8.68 billion lbs. (3.94 million…

WednesdayMay 24, 2023 1:57 pm

QualityStocksNewsBreaks — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Announces Payment of Senior Secured Debt, 39% Debt Reduction

McEwen Mining (NYSE: MUX) (TSX: MUX), a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina, has taken a significant step in reducing its debt. The company has repaid $25 million of its senior secured debt; the payment was made to Sprott Resource Lending, resulting in Sprott no longer being a lender to the comp in senior secured debt along with a $15 million unsecured promissory note for a total debt of $65 million. Following the repayment to Sprott, the company noted that its senior secured debt had been amended and restated to total $40 million, with a monthly interest at 9.75%…

TuesdayMay 09, 2023 1:57 pm

QualityStocksNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Announces Q1 2023 Results

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) yesterday reported its first quarter (Q1) results for the period ended March 31, 2023. “This quarter we completed a series of large financing transactions involving shares of our McEwen Copper subsidiary, which has increased the market value attributable to our copper business to $550 million (for 100%) from $257 million at the conclusion of the prior financing round in August 2022. As 52% owner, McEwen Mining shareholders are benefitting from this value accretion, which validates the strategy we set out in July 2021 to surface value from Los Azules by funding it independently,”…

MondayMay 08, 2023 12:51 pm

QualityStocksNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Issues Exploration Update for Stock Property

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) today reported assay results from three zones at the Stock Property, part of the Fox Complex near Timmins. According to the update, results from eight near-surface holes close to high-grade intersections in hole SM22-110 that included 264.5 g/t gold (Au) over 2.7 meters (m) returned attractive grades up to 18.9 g/t Au over 9.4 m. Drill holes were also completed in the lower portion of the Stock Mine Extension Trend, where recent deeper drilling was designed to expand lenses of mineralization in proximity to the Stock Mine. The lenses could represent early mining…

FridayMay 05, 2023 10:55 am

QualityStocksNewsBreaks — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Releases Assay Results for Los Azules Exploration Project

McEwen Mining (NYSE: MUX) (TSX: MUX), a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina, is reporting on the most recent assay results from its Los Azules project; the announcement noted that an ongoing infill drilling program to delineate copper mineralization in the core of the deposit continues at the project. Highlights of the report show hole AZ22182A intercepted an enriched zone of 231 m of 0.97% Cu and a primary zone with mineralization that remains "open" at depth, while hole AZ23196 exhibited an overall intercept of 550 m of 0.50% Cu, including 216 mof 0.72% Cu within the Enriched zone portion. In addition, the company…

Site Search

Company Search

Tag: McEwen Mining Inc. MUX