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McEwen Mining Inc MUX

Alternate Symbol(s):  T.MUX

McEwen Mining Inc. is a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina. In addition, it owns approximately 47.7% of McEwen Copper Inc., which owns the advanced stage Los Azules copper project in Argentina. Its segments include United States, Canada, Mexico, Minera Santa Cruz (MSC) and McEwen Copper. The United States segment comprises the Gold Bar mine and its exploration properties in the State of Nevada. The Canada segment comprises the Fox Complex gold properties, which includes its Froome underground mine; the Grey Fox and Stock West advanced-stage projects; the Stock mill; a number of exploration properties located near the city of Timmins, Ontario, Canada, and the Black Fox mine, which is on care and maintenance. The Mexico segment includes the El Gallo mine and the related advanced-stage Fenix Project, both located in Sinaloa state. The MSC Segment comprises a 49% interest in the San Jose mine, located in Santa Cruz, Argentina.


NYSE:MUX - Post by User

Post by Inohnuttinon Feb 23, 2022 1:57am
344 Views
Post# 34452703

McEwan Copper

McEwan CopperI know many of you keep commenting on how Rob should have just sold the copper project, and tbh, people have been saying that for more years that I can remember.  Although, to me, it always seemed to be his intention to get the most value out of that play. Copper is finally in very huge demand globally and I for one am thrilled that we're still holding on to this. Even if McEwan Mining doesn't get it to full production, I believe the recent progress being made down there will increase its value and appeal for a potential sale. Have any of you been around here long enough to remember the last time McEwan tried to sell it and there was no interest? Well, mark my words, I believe that this current progress on the site will generate that interest or possibly exceed all expectations and who knows, maybe one day we'll also be producing copper? No need to cross your fingers; Rob McEwan knows what he's doing . . .

Inohnuttin
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