McEwen Mining Inc. is pleased to announce that it has successfully refinanced its $50 million senior secured term loan facility . As part of the refinancing, Sprott Private Resource Lending II , LP has replaced Royal Capital Management Corp. as a lender and the administrative agent for the Term Loan; and Evanachan Limited, a corporation [...]
McEwen Mining Inc. is pleased to provide an update on our Gold Bar and Black Fox operations and mine exploration drilling. Black Fox Mine, Canada Mining at Black Fox was suspended from March 26th to April 14th to allow time for management to evaluate and adapt to operating with the risks associated with the COVID-19 pandemic. Since April 14th the [...]
McEwen Mining Inc. today reported its first quarter results for the period ended March 31, 2020. Production was 29,200 gold ounces and 553,200 silver ounces, or 35,100 gold equivalent ounces , at the average gold:silver price ratio for the quarter of 94:1. A non-cash impairment charge for the Gold Bar mine of $83.8 million was recorded during Q1 [...]
McEwen Mining Inc. reminds shareholders that our Annual General Meeting will be held virtually today at 4:00 pm Eastern Time. To connect to the meeting use the following link: www.meetingcenter.io/225089926 The AGM is being held exclusively for the purpose of electing the directors, appointing the auditor, and other business that comes before the [...]
McEwen Mining Inc. reports consolidated production for Q1 2020 was 29,177 gold ounces and 553,179 silver ounces, or 35,062 gold equivalent ounces , at the average gold:silver price ratio for the quarter of 94:1. Black Fox Mine, Timmins, Canada In Q1, Black Fox produced 8,328 GEOs. Mining was temporarily suspended at Black Fox on March 26, 2020 for [...]
McEwen Mining Inc. is pleased to announce the appointment of Peter Mah, P.Eng., as Chief Operating Officer effective immediately. Peter is a professional engineer with 30 years of global mining experience spanning gold, diamonds and base metals. As a seasoned mining executive, his well-rounded experience comes from roles including Chief Operating [...]
McEwen Mining Inc. reports that it has fallen below the New York Stock Exchange continued listing requirement related to the price of its common stock. The NYSE requires that the average closing price of a listed company's common stock be above US$1.00 per share, calculated over a period of 30 consecutive trading days. The Company was notified by [...]
McEwen Mining Inc. reports that in order to protect the health of our workforce, their families, and the nearby communities from the spread of COVID-19, both the Black Fox and Gold Bar mines will scale down operations beginning today for a period of 14 days. Certain production and exploration activities will continue at Gold Bar in areas where [...]
McEwen Mining Inc. reports on the current impacts of COVID-19 on our operations. The government of Argentina has declared a state of emergency and imposed a nationwide mandatory quarantine starting today to reduce the spread of COVID-19. As a result, our 49%-owned San José mine has temporarily halted operations effective today, through at [...]
McEwen Mining Inc. today announced that Chris Stewart has left his position as President and Chief Operating Officer of the Company. His responsibilities will be assigned to other members of the management team. CAUTION CONCERNING FORWARD-LOOKING STATEMENTS This news release contains certain forward-looking statements and information, including [...]
McEwen Mining Inc. today reported fourth quarter and full year results for the period ended December 31, 2019. For the full year 2019, production was 174,420 gold equivalent ounces, compared to 175,640 GEOs in 2018. Our three 100% owned mines generated a cash gross profit of $33.7 million in 2019, and a gross profit of $9.0 million. Cash gross [...]
McEwen Mining Inc. invites you to join our conference call following the release of our Q4 and full year 2019 financial results on Tuesday, March 17th, 2020 at 2:00 p.m. EDT. Participants will have the ability to ask questions following the presentation. Tuesday, March 17th, 2020 at 2:00 p.m. EDT Toll Free : 1 211-4128 Outside US & Canada: 1 [...]
