Page 43 - Ewen Mining News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Share: TORONTO, Dec. 31, 2020 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) is pleased to announce that it has closed its previously announced non-brokered private placement, issuing 7,669,900 common shares of the Corporation on a flow-through basis (the " FT Shares") at a price per share of CDN $1.63 per FT Share for total gross proceeds of CDN$12,500,000. Rob McEwen commented: "These funds will be used for exploration to facilitate the rapid expansion of our discoveries at Stock and Grey Fox, which are key elements in our plans for growing the Fox Complex annual gold produ...

McEwen pouring $12.5 million into Timmins gold exploration Flow through share money earmarked to expand gold base at Stock and Grey Fox properties Dec 31, 2020 3:00 PM By: Northern Ontario Business Staff (McEwen Mining photo) McEwen Mining has raised $12.5 million to spend on exploration of some burgeoning gold property, east of Timmins. The Toronto mid-tier miner announced Dec. 31 that it had closed a flow through share offering, launched at mid-month, for ongoing activity at its Timmins area gold projects. “These funds will be used for exploration to facili...

TORONTO, Dec. 31, 2020 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to announce the highlights of a positive Feasibility Study (FS) for its 100%-owned Fenix Project, which is located in the State of Sinaloa, Mexico. “The Fenix Feasibilty Study envisions a 9.5-year mine life with an attractive after-tax IRR of 28% using $1,500/oz gold and $17/oz silver. At current gold and silver prices, the project’s after-tax IRR almost doubles and the NPV more than triples versus the base case. The project will incorporate an environmentally progressive method of tailings ...

Press release content from Globe Newswire. The AP news staff was not involved in its creation. McEwen Mining Mourns the Loss of Director, Dr. Leanne Baker McEwen MiningDecember 24, 2020 GMT TORONTO, Dec. 23, 2020 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) 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 ...

Miners Seeing Production Shift for the Fluorspar Billion Dollar Market PALM BEACH, Fla., Dec. 22, 2020 /PRNewswire/ -- During the current pandemic, most investors are focusing on gold or silver and other ores & metals, but fluorspar should also be on their radar… not because it trades like gold and silver, but because it is a necessary component in sectors that are projected to grow significantly over the next several years. Fluorite is used for several purposes. The primary users are the chemical, metallurgical, and ceramic industries, but it is also an essential component in the lapidary...