Angelo Coast Range Reserve

McEwen Mining: Q2 2023 Results

Retrieved on: 
Thursday, August 10, 2023
Feasibility study, Technical report, Fugitive emission, Electricity, Environmental issues, Dodge, GAAP, AISC, Retirement, Investment, Environment, News, NYSE, Mining, IRR, Maintenance, Fenix Project, Name, MSC, Copper, Alfa Romeo, SEDAR, TSX, Chrysler, Credit, Jeep, Pick, Safety, Loss, SAN, Carbon, MacEwen, Gold bar, PEA, Gold, Water, Nameplate, Webcast, LOM, Economics, GEOS, Silver, Fiat, MUX, CO2, Kennicott, Uranium mining, Printed circuit board, Risk management, Cryptocurrency, Q3, Nuton, H2, Q2, Maserati, Los Azules mine, Stellantis, H1, Angelo Coast Range Reserve

TORONTO, Aug. 10, 2023 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) reported its second quarter (Q2) and half year (H1) results for the period ended June 30th, 2023.

Key Points: 
  • TORONTO, Aug. 10, 2023 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) reported its second quarter (Q2) and half year (H1) results for the period ended June 30th, 2023.
  • McEwen Copper: PEA for the Los Azules copper project issued in June 2023 with NPV8% of $2.7 Billion and payback period of 3.2 years, assuming a copper price of $3.75/lb.
  • Mr. McEwen continued, “At McEwen Mining, quarterly production from our mines delivered a marked improvement in terms of ounces produced over Q1.
  • Management will discuss our Q2 financial results and project developments and follow with a question-and-answer session.

McEwen Mining: Q1 2023 Results

Retrieved on: 
Monday, May 8, 2023
GEOS, Feasibility study, Maintenance, Loss, Vein, ARS, SAN, Fox, Gray fox, Kennicott, GAAP, Southwestern United States, Snow, Sale, MUX, MacEwen, Gold bar, PEA, Holiday, MSC, Gold, Copper, Mining, Webcast, FCA, TSX, Rest, Pick, NYSE, Rio Tinto, Rare-earth element, Cryptocurrency, Bank, Uranium mining, Nuton, Leslie Benmark, Los Azules mine, Stellantis, Angelo Coast Range Reserve

TORONTO, May 08, 2023 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) today reported its first quarter (Q1) results for the period ended March 31st, 2023.

Key Points: 
  • TORONTO, May 08, 2023 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) today reported its first quarter (Q1) results for the period ended March 31st, 2023.
  • Adjusted net loss(1) was $6.4 million, or $0.14 per share in Q1, compared to an adjusted net loss of $13.1 million, or $0.28 per share in Q1 2022.
  • Production from our three operating mines was 30,400 gold equivalent ounces (GEOs) (3) in Q1, compared to 25,200 GEOs in Q1 2022.
  • Management will discuss our Q1 financial results and project developments and follow with a question and answer session.

McEwen Mining: 2022 Year End and Q4 Results

Retrieved on: 
Tuesday, March 14, 2023
Gold, ARS, AISC, Sale, GBS, Black, Mining, PEA, GEOS, Techno-economic assessment, Economics, SAN, COVID-19, Gold bar, Fox, Atlas, Rio Tinto, Copper, GEO, MacEwen, Pick, Kennicott, Cryptocurrency, Los Azules mine, Stellantis, Nuton, Angelo Coast Range Reserve

TORONTO, March 14, 2023 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) today reported fourth quarter and full year results for the period ended December 31, 2022.

Key Points: 
  • The Froome Mine produced 9,870 GEOs in Q4 2022, bringing the full year 2022 production to 36,650 GEOs.
  • As a result, the mine production was 39% lower year-over-year with 7,940 GEOs in Q4, and 26,620 in 2022.
  • On October 24, 2022, McEwen Copper signed an option agreement with Kennecott Exploration Company (“Kennecott”), a subsidiary of Rio Tinto.
  • Subsequent to the transactions, Stellantis and Nuton each own 14.2% of McEwen Copper, while McEwen Mining’s ownership is reduced to approximately 52%.

Stellantis Announces Strategic Copper Investment in Argentina, Reinforcing Commitment to Reaching Carbon Net Zero by 2038

Retrieved on: 
Monday, February 27, 2023
Carbon, Mining, Transport, BEV, Nuton, Commitment, Dare, Rio Tinto, MacEwen, Copper, Renewable energy, Stellantis, Angelo Coast Range Reserve, Los Azules mine

Stellantis Announces Strategic Copper Investment in Argentina, Reinforcing Commitment to Reaching Carbon Net Zero by 2038

Key Points: 
  • Stellantis Announces Strategic Copper Investment in Argentina, Reinforcing Commitment to Reaching Carbon Net Zero by 2038
    AMSTERDAM, February 27, 2023 - Stellantis today announced a $155 million investment in a project located in Argentina, which will make a major contribution to the Company’s plan to become carbon net zero by 2038.
  • With this stake, Stellantis will become McEwen Copper’s second largest shareholder, along with Rio Tinto, through its copper leaching technology venture, Nuton.
  • “Stellantis intends to lead the industry with the commitment to be carbon net zero by 2038 – a goal that requires innovation and a complete redefinition of the entire business,” said Carlos Tavares, Stellantis CEO.
  • Through aggressive and clear targets, by 2030(1) it plans to reduce its carbon emissions footprint by half versus 2021 metrics, putting the Company on track to achieve carbon net zero by 2038(2).