McEwen Mining

McEwen Mining, Inc. engages in the the production and exploration of precious and base metals, It operates through the following geographical segments: USA, Canada, Mexico, MSC , and Los Azules. The USA segment includes the Gold Bar mine and exploration properties. The Canada segment consists of the Fox Complex, which includes the Black Fox gold mine, the Froome underground mine development and the Grey Fox and Stock advanced-stage projects, the Stock mill, and other gold exploration properties located in Timmins, Ontario, Canada. The Mexico segment comprises of El Gallo Project and the advanced-stage Fenix Project, located in Sinaloa. The MSC segment focuses in the San Jose mine, located in Argentina. The Los Azules segment operates copper exploration project located in San Juan, Argentina. The company was founded on July 24, 1979 and is headquartered in Toronto, Canada.

Earnings data Q4 2020

Earnings data Q1 2021

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

McEwen Mining rebounds in 2022, eyes production growth ahead

McEwen Mining's 2022 performance showed resilience and recovery.
The company faces challenges but is poised for production growth.
Strategic partnerships and operational improvements are key strengths.
Opportunities lie in production rebound, project advancements, and cost efficiencies.

McEwen Mining (MUX) reports robust Q1 performance and growth opportunities

McEwen Mining (MUX) delivered strong financial and operational results in Q1 2023, with a significant share price increase and improved net loss. The company is focused on reducing debt, enhancing exploration efforts, and optimizing production across its mining projects. Challenges include managing transitions and addressing operational hurdles.

McEwen Mining (MUX) reports robust Q2 performance and debt reduction

McEwen Mining (MUX) delivered a strong performance in Q2 2023, marked by improved financials, debt reduction, and positive developments in key mining operations. While facing cost challenges, the company is strategically positioned to capitalize on opportunities for growth, particularly in exploration and mine expansion projects.

McEwen Mining reports stellar Q3 performance and growth opportunities

McEwen Mining's Q3 2023 earnings call highlighted robust share performance, driven by successful financing and production increases. The company is focused on advancing the Los Azules Project and expects positive cash flow from key mines. Challenges include project timelines and cost projections, while opportunities lie in market readiness and operational enhancements.

McEwen Mining reports robust earnings, eyes growth amid regulatory challenges

McEwen Mining's strong financial performance in 2023, driven by successful investments and operational improvements, positions the company for future growth. While facing challenges related to regulatory compliance and project execution, the company is actively pursuing opportunities for expansion and resource development. Strategic focus on gold and silver assets and exploration efforts underscore a positive outlook for McEwen Mining.

McEwen Mining reports Q1 loss, eyes growth through acquisitions

McEwen Mining's Q1 2024 performance showcased a mix of challenges and strengths, with a focus on growth opportunities and strategic acquisitions.
Despite the net loss and share price decline, the company's positive production results and improved EBITDA signal progress and resilience.
Optimism surrounding Argentina's political landscape and potential regulatory benefits present promising avenues for future investments and expansion.

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The mining company is diluting its investors.

Why McEwen Mining Stock Is Tumbling Today

TORONTO, Nov.  20, 2019  (GLOBE NEWSWIRE) -- McEwen Mining Inc. (the “Company” or “McEwen”) (NYSE: MUX) (TSX: MUX) today announced that it has priced an underwritten public offering of 37,750,000 units, each unit consisting of one share of common stock and one half of one warrant to purchase one share of common stock, at a public offering price of $1.325 per unit for aggregate gross proceeds of approximately US$50,000,000.  Each full warrant is exercisable for one share of common stock with an exercise price of $1.7225 per share and are exercisable immediately and for five years following issuance.  The Company has granted to the underwriters a 30-day option to purchase up to an additional 5,662,500 shares of common stock and/or additional warrants to purchase up to 2,831,250 shares of common stock at the public offering price per share and per warrant, less the underwriting discounts and commissions.  The offering is expected to close on or about November 22, 2019, subject to customary closing conditions.

McEwen Mining Announces Pricing of US$50 Million Public Offering

TORONTO, Nov.  19, 2019  (GLOBE NEWSWIRE) -- McEwen Mining Inc. (the “Company” or “McEwen”) (NYSE: MUX) (TSX: MUX) today announced its intention to offer shares of its common stock and warrants to purchase its common stock in a registered underwritten public offering, subject to market and other conditions. McEwen Mining also expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of common stock and warrants sold in the public offering. 

McEwen Mining Announces Proposed Public Offering

Highlights from Three Drill Targets: Highlights from Three Drill Targets:

McEwen Mining: Grey Fox Drilling Hits 10.9 g/t Au over 18.8 m and 14.1 g/t Au over 8.4 m

McEwen Mining Inc. (MUX) Management on Q3 2019 Results - Earnings Call Transcript

TORONTO, Oct.  30, 2019  (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) announces its results for the third quarter ended September 30, 2019 (“Q3”). Total production during Q3 was 35,042 gold ounces and 947,145 silver ounces, or 45,930 gold equivalent ounces(1)(“GEOs”) using the average gold:silver price ratio for Q3 of 87:1. Our four producing mines generated Earnings From Mining Operations of $9.4 million (2) (3) during the quarter. We continued to invest in exploration and development, spending $15.8 million on advanced projects during Q3, which contributed to our consolidated net loss of $11.5 million, or $0.03 per share.

McEwen Mining: Q3 2019 Results

McEwen Mining: Stock Property Continues to Impress

McEwen (MUX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

McEwen (MUX) May Report Negative Earnings: Know the Trend Ahead of Q3 Release

TORONTO, Oct.  17, 2019  (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) reports consolidated production for Q3 2019 of 35,043 gold ounces and 947,146 silver ounces, or 45,930 gold equivalent ounces(1)(“GEOs”) using the average gold:silver price ratio for Q3 of 87:1. For the nine months ended Sept. 30, 2019 we have produced 128,125 GEOs, or 74% of our revised guidance midpoint of 172,500 GEOs. Our Gold Bar Mine continued to improve during the third quarter, achieving several key performance benchmarks for ore production, crushing throughput, and gold production. Gold Bar produced almost 5,000 GEOs in September, which is in line with our plan and approaching the designed capacity of the process plant. The San José and El Gallo mines performed well, meeting their production targets. At our Black Fox Mine, underground mining operations continued to be challenging, however high-grade exploration results at both the Black Fox and Stock properties are providing reason for excitement for the future. The latest exploration drilling from Stock East returned impressive intercepts, such as:  83.5 g/t   gold over 5.6 m, including 417 g/t over 1.1 m; and 34.7 g/t gold over 5.9 m, including 74.1 g/t over 2.7 m  (news release dated September 30, 2019).

McEwen Mining Reports Q3 2019 Production Results

TORONTO, Oct.  15, 2019  (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to report on near surface and deep exploration drilling progress at its Gold Bar Mine property in Nevada, where the Company commenced commercial production earlier this year.

McEwen Mining: Exploration Drilling at the Gold Bar Mine Continues to Expand Mineralization

34.7 g/t   gold over 5.9 m, including 74.1 g/t over 2.7 m    83.5 g/t   gold over 5.6 m, including 417 g/t over 1.1 m

McEwen Mining: Stock Property Exploration  - High-Grade Intersections

147NE Zone Continues to Deliver Good Results

McEwen Mining: Exploration and Operations Update

TORONTO, Aug.  20, 2019  (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to report on progress at various exploration targets on its Gold Bar Mine property (Figure 1). At the Gold Bar South oxide gold deposit located 3.5 miles southeast of our Gold Bar Mine, a program of 125 drill holes was recently completed. 25% of the new drill intersections were higher grade than the current resource average of 0.029 ounces per ton (1 g/t). In addition, several drill holes encountered significant mineralization outside the existing resource (Figures 2 & 3), including several notable intersections highlighted in Table 1 below. These results suggest that there is potential to increase the size of the Gold Bar South resource beyond the current Indicated estimate of 3,488 ktons at 0.029 opt (1 g/t) for 100 koz. Economic studies and permitting are underway with the objective of incorporating Gold Bar South into the overall mine plan this year, and having permitting in place so that open pit development could begin in late 2020.

McEwen Mining: Gold Bar Update

The price of gold fell 0.4% to $1,498.40 per troy ounce on Tuesday after the U.S.

Sell Shares of McEwen Mining

McEwen Mining's (MUX) CEO Rob McEwen on Q2 2019 Results - Earnings Call Transcript

Will McEwen (MUX) Report Negative Q2 Earnings? What You Should Know

Shares of McEwen Mining Inc. (NYSE:MUX) soared 8.77% to close at $1.86 on Wednesday after the Toronto-based junior gold and silver producer reported lower second-quarter gold equivalent output and cut its full-year gold production guidance.

McEwen Mining Soars Despite Disappointing Quarterly Output Results

McEwen Mining, Inc. (MUX) Q1 2019 Results - Earnings Call Transcript

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