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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 Aug 21, 2012 12:53pm
194 Views
Post# 20242374

RE: RE: RE: RE: RE: Argentinian Gov't. Decision re

RE: RE: RE: RE: RE: Argentinian Gov't. Decision re

goodtoreadthis: do you have a link to the judgment News Release so we can read the actual wording?

You say there are no glaciers nearby and this is a 'tempest in a teapot' but glacial mining is far more involved than lower elevation mining. Consider the environmental impact of high elevation mining runoff on waterways running above and below ground through much longer circuitous routes from mountain tops to valley floors.

That's nothing to dismiss lightly and I predict there will be stronger environmental guidelines in today's world. 

You closed with something you heard at PDAC [way back in March] about Rob taking off in a STOL aircraft [agreed: such a sight to behold, such an engineering wonder!] --to speed up the development process [one would assume] in talks with Argentinian government International Trade and Environmental officials.

You did not say when he would be going, but I suspect now is a good time! Let's hope RM can deploy genius in the field of mining technology and waterworks engineering to overcome any possible objections!  

 

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