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McEwen Mining Inc MUX

Alternate Symbol(s):  T.MUX

McEwen Mining Inc. is a gold and silver producer. It owns over 48% of McEwen Copper Inc., which owns the Los Azules copper project in Argentina. Its segments include Canada, United States, Mexico, Minera Santa Cruz S.A. (MSC) and McEwen Copper. The United States segment includes the Gold Bar mine and its exploration properties in the State of Nevada. Canada segment includes the Fox Complex gold properties, including its Froome underground mine; the Stock Project; the Stock mill; the Grey Fox exploration project; a number of exploration properties located near the city of Timmins, Ontario, Canada, and the Black Fox mine. Mexico segment includes the El Gallo mine and the related advanced-stage Fenix Project, located in Sinaloa state. MSC Segment includes 49% interest in the San Jose mine, located in Santa Cruz, Argentina. Its Eureka project includes the Lookout Mountain Property and the historical Lookout Mountain and Windfall Mines in a total property position of over 28 square miles.


NYSE:MUX - Post by User

Bullboard Posts
Comment by BCBeaveron May 23, 2012 2:37am
386 Views
Post# 19936139

RE: BIG troubles w/Glaciers in Los Azules: CEDHA N

RE: BIG troubles w/Glaciers in Los Azules: CEDHA N

Silicon Investor threads recently posted on the McEwen Mining forum board put this topic into perspective.

https://www.siliconinvestor.com/readmsg.aspx?msgid=28142281

Just read back several posts, to educate a poster who said: "Folks, there are no glaciers at Los Azules, all you need to do is look at the pictures of the area on the corporate web site. If there were glaciers, you would see ice year round. Turns out there are BROWN glaciers as well as white ones as the excellent aerial photos portray. As the posts illustrate, there is a lot to be learned about what is at stake and it will be interesting to see what an eventual Environmental Assessment will show.

From what I gather, glacial melt due to global warming has impacted ecosystems all along the way to valley floors, and has had a 'sluice box effect' in faster delivery of toxic mining by-products to lower elevation watersheds.

Mining in glacial terrain has been controversial in neighbouring Peru over the past year as knowledge and dispute gains more mainstream awareness.

The topic has really heated up recently throughout the Americas in general as evidenced by the following 'boardreader' snapshot of the mention of 'glaciers' in the past 3 months.:

"Topic "Glaciers" was discussed 15,959 times on 1,917 sites in last 3 months

Search discussions, forums, videos, about "Glaciers" on BoardReader!"
This emerging and converging information from far and wide is not necessarily 'BIG trouble' but it does bring a new dawning in the way such mining will be conducted in future.

Bullboard Posts