McEwen Mining Inc. is deeply saddened to announce the passing of our dear friend and Director of 15 years, Dr. Leanne Baker. “I will miss Leanne’s clear and wise counsel, her warm friendship and courage. After her dear family, mining was one of her big passions and the industry has lost a valued champion!” stated Rob McEwen, Chairman & Chief Owner [...]
McEwen Mining Inc. is pleased to announce that due to strong investor demand, it has increased its previously announced non-brokered private placement from 6,136,000 common shares to 7,056,400 common shares of the Corporation issued on a flow-through basis at a price per share of CDN $1.63, with an option to increase the Offering from 920,400 FT [...]
McEwen Mining Inc. is pleased to announce a strategic financing to further our successful exploration program at our properties in the Timmins region of Ontario. The Company intends to issue 6,136,000 common shares of the Corporation issued on a flow-through basis at a price per share of CDN $1.63, with an option to increase the Offering by 920,400 [...]
McEwen Mining Inc. reports that the temporary shutdown mandated by the provincial government of Santa Cruz that applied to several mines in the region has been lifted and the San Jos? mine has resumed production. As detailed in our release dated 30th November 2020, a significant increase in Covid-19 infections prompted the government to act to halt [...]
McEwen Mining Inc. is reporting that a significant increase in COVID-19 infections in the Santa Cruz province in Argentina has resulted in the temporary lockdown of various mines including our 49%-owned San Jos? mine. Production for Q4 is likely to be impacted by the shutdown. Limited operations are expected to resume in the coming days, subject to [...]
McEwen Mining Inc. today reported its third quarter results for the period ended September 30th, 2020. Cash and liquid assets and working capital at September 30th, 2020 were $18.8 million and positive $21.6 million, respectively. Production rebounded during Q3 after the successful restart of all four of our operations, which were temporarily [...]
McEwen Mining Inc. reports consolidated production for Q3 2020 was 23,100 gold ounces and 575,000 silver ounces, or 30,400 gold equivalent ounces, at the average gold:silver price ratio for the quarter of 79:1. Production rebounded during Q3 after the successful restart of all four of our operations, which were temporary suspended during Q2 [...]
McEwen Mining Inc. is pleased to announce the appointment of Anna Ladd-Kruger, CPA, as Chief Financial Officer effective immediately. Anna is an accomplished mining executive with over 20 years of leadership experience with proven achievements in directing and leading mining organizations. "I’m very pleased to welcome Anna Ladd-Kruger to McEwen [...]
McEwen Mining Inc. is pleased to announce that it has closed its previously announced "bought deal" private placement in the upsized amount of 6,298,166 common shares of the Company that will qualify as "flow-through shares" of the Income Tax Act ) at a price of US$1.65 per Flow-Through Share for total gross proceeds of US$10.4 million . The [...]
McEwen Mining Inc. is pleased to announce a strategic financing to continue our successful exploration program at our properties in the Timmins region of Ontario. The financing consists of a US$9,912,500 bought deal private placement offering of 6,000,000 flow-through common shares of the Income Tax Act ) priced at US$1.65 per flow-through common [...]
McEwen Mining Inc. today reported its second quarter results for the period ended June 30th, 2020. Cash and working capital at June 30th, 2020 were $18.4 million and $25.5 million, respectively. Gold and silver production was adversely impacted by two factors: first, the temporary suspension of operations at all of our mines as a result of steps [...]
McEwen Mining Inc. reports consolidated production for Q2 2020 was 15,700 gold ounces and 359,400 silver ounces, or 19,200 gold equivalent ounces, at the average gold:silver price ratio for the quarter of 104:1. Production was significantly impacted by temporary mine suspensions at all four of our operations as a result steps taken to stop the [...]