McEwen Mining Inc MUX

Alternate Symbol(s): T.MUX

Metals & Mining Gold

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.

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McEwen Mining Inc

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Comment by joe_trouton May 23, 2012 6:13am

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Post# 19936189

RE: RE: BIG troubles w/Glaciers in Los Azules: CED

I doubt that matters anymore. Most of the assets in Argentina have been discounted as nearly worthless in the market already. A lot of people think UXG stole MIA, but UXG would have been better off without MIA. The share float would be much smaller than it is now. Hopefully McEwen just dumps all of the Argentina assets for pennies and finances El Gallo with it. Might as well get something out of MIA.

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