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McEwen Mining reports first quarter production results

Article content Officials from McEwen Mining are reporting consolidated production for the first quarter of this year of 23,300 gold ounces and 493,200 silver ounces, or 30,600 gold equivalent ounce (GEOs), compared to 35,100 GEOs in the first quarter of  2020. All operations delivered production in line with budget. Production is expected to increase over the balance of the year and to be 20-40 per cent greater than 2020. Black Fox  produced 5,200 GEOs during the period, compared to 8,300 GE...
Black Fox Mcewen Mining Istock West Preliminary Economic Assessment Fox Complex கருப்பு நரி

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McEwan aims to bounce back after 'brutal year'

Article content McEwen Mining has released its year-end results for 2020, and although it bluntly admits it was a “brutal” year financially, the company is due for a rebound in 2021. They report a consolidated net loss of $152.3 million in 2020, or $0.38 a share. We apologize, but this video has failed to load. Try refreshing your browser. McEwan aims to bounce back after brutal year Back to video Rob McEwen, chair and chief owner, said, “2020 was a brutal year but we more than survived...
United States Gold Bar Mine Andrew Autio Black Fox Rob Mcewen Journalism Initiative

McEwan Mining aiming to expand

Article content McEwen Mining says it has ambitious plans for the Fox Complex which could potentially see an additional decade of production at the site. Located 36 kilometres east of Timmins, and 11 kilometres east of Matheson, the Black Fox Mine began production in 2011. McEwen Mining purchased the project from Primero Mining Corp in October of 2017. The complex has a combined resource base of approximately 3 million ounces (oz) of gold. We apologize, but this video has failed to load. Try re...
Andrew Autio Black Fox Peter Mah Primero Mining Corp Journalism Initiative Mcewan Mining
Source: nugget.ca

McEwen Mining Announces Fox Complex Growth Funding Secured by Registered Direct Offering

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 ...
New York United States Mihaela Iancu Rob Mcewen Exchange Commission Cantor Fitzgerald Co
Source: apnews.com

McEwen shares up on Black Fox update

McEwen shares up on Black Fox update Black Fox gold mine, Timmins Ontario. Image: Primero Mining McEwen Mining (NYSE: MUX) (TSX: MUX) has reported progress with the turnaround at its Black Fox mine, in Timmins, Canada. Consultants are working on a preliminary economic assessment to expand production from the current short mine life producing 30 000 oz/y to 40 000 oz/y, to a ten-year mine life producing 100 000 oz/y to 150 000 oz/y. Sign Up for the Precious Metals Digest Sign Up The Fox Co...
New York United States Gold Bar British Columbia Los Azules Fox Complex
Source: mining.com

McEwen Mining: Progress Update

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...
Gold Bar British Columbia United States Gold Bar Mine Los Azules Mihaela Iancu
Source: apnews.com

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