Page 21 - Ewen Mining News Today

Press release content from Globe Newswire. The AP news staff was not involved in its creation. McEwen Mining Announces Fox Complex Growth Funding Secured by Registered Direct Offering McEwen MiningFebruary 5, 2021 GMT TORONTO, Feb. 05, 2021 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (the “Company” or “McEwen”) (NYSE and TSX: MUX), announces an oversubscribed registered direct offering with several existing and new institutional investors for the sale of an aggregate of 30,000,000 shares of ...

Author Bio Reuben Gregg Brewer believes dividends are a window into a companys soul. He tries to invest in good souls. What happened By 11 a.m. EST today, shares of precious metals miner Silvercorp Metals (NYSE:SVM) had fallen as much as 18%. And it was hardly alone. Fortuna Silver Mines (NYSE:FSM) was off by 17% at its worst point in the first 90 minutes of trading. McEwen Minings (NYSE:MUX) nadir was roughly 16%. But thats just three names in what was a broader indu...

Last week’s top-gaining stocks on the TSX were Tanzanian Gold, McEwen Mining, First Majestic Silver, Gran Tierra Energy and Almaden Minerals.  The S&P/TSX Composite Index (INDEXTSI:OSPTX) began last week at 17,835.32, but ultimately closed lower on Friday (January 29) at 17,346.85. Vaccine rollout concerns pushed the index down, but losses were offset by gains in silver and gold prices. On Friday, silver continued to rally after members of the Reddit forum WallStreetBets urged investors to p...

Most-Shorted Companies Resume Surge In Premarket (SPY +1.0%). Biggest premarket movers: Tesla, CureVac, Otis Worldwide. Airlines cancel most NYC-area flights. Here is the current market situation from CNN Money European markets are mixed today. The DAX is up 1.43% while the FTSE 100 gains 1.07%. The CAC 40 is off 2.02%. What Is Moving the Markets Here are the headlines moving the markets. Will U.S. Shale Finally Reward Shareholders? U.S. oil prices above $50 a barrel are helping the shale pa...

Pan American Silver +16%, Wheaton Precious +12% European silver miners also soared on Monday led by Fresnillo, which rose as much as 17%, most since March; other exposed miners rise: Polymetal +6%, Hochschild Mining +17%. Elsewhere, China Silver Group Ltd. rose as much as 63% in Hong Kong, while Australias Silver Mines Ltd. gained as much as 49%. Trying to pour cold water on the second biggest one-day move in silver this century - because lets face it, getting silver to move up by 10% is far m...

Press release content from Globe Newswire. The AP news staff was not involved in its creation. McEwen Mining: Progress Update McEwen MiningJanuary 29, 2021 GMT TORONTO, Jan. 29, 2021 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to provide an update on its progress so far this year along with a timeline for deliverables in 2021 and recent financing activities. Timmins, Canada The Fox Complex has a combined resource base of 3 million oz(1) of gold and we have ambitiou...

Share: TORONTO, Jan. 08, 2021 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) is pleased to announce a financing to fund development of the Froome deposit, which is expected to reach commercial production in Q4 2021, located at the Fox Complex in the Timmins region of Ontario. The financing consists of a US$11,821,000 (Cdn$15,000,000) private placement offering (the "Offering") of 11,628,000 flow-through common shares (within the meaning of subsection 66(15) of the Income Tax ...

Press release content from Globe Newswire. The AP news staff was not involved in its creation. McEwen Mining Announces Flow-Through Financing McEwen MiningJanuary 8, 2021 GMT TORONTO, Jan. 08, 2021 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to announce a financing to fund development of the Froome deposit, which is expected to reach commercial production in Q4 2021, located at the Fox Complex in the Timmins region of Ontario. The financing consists of a US$11,8...

McEwen Mining: Updated Gold Bar Resource and Reserve Estimates TORONTO , Jan. 07, 2021 — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to announce an updated Indicated Resource Estimate of 499,000 contained gold ounces and Probable Reserve Estimate of 302,000 recoverable gold ounces for the Gold Bar Mine in Nevada (“Gold Bar”). See Tables 1-3 for the updated estimates. Gold Bar’s estimated after-tax net present value (NPV) discounted at 8% and using a gold price of $1,500/oz ...

Notes: Mine Past Production (58,600 oz Au) + Current Reserves (302,000 oz Au) = 360,600 oz Au is 16.1% lower that 430,000 oz Au Mineral Resources were estimated at a price of $1,725/ounce Au and are inclusive of Mineral Reserves. Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. There is no certainty that any part of the Mineral Resources estimated will be converted into a Mineral Reserves estimate. Mineral Resources were estimated using the guidelines ...