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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

Post by InvestockRealon May 02, 2021 5:02pm
460 Views
Post# 33111326

Los Azules: McEwen Mining’s Monster Copper Project

Los Azules: McEwen Mining’s Monster Copper Project

McEwen Mining has a huge copper development project in Argentina: Los Azules.

The total resources, in copper equivalent pounds, are more than 30 Blbs. When compared with neighbor projects, such as Josemaria Resources, or Filo Mining, the estimated value of Los Azules project oscillates between $280-450 million, when compared with the Trilogy project, the estimated values is about $1 billion.
 

The project certainly need to be derisked, and McEwen Mining should be a more clear with the development plan, but in any case the value is enormous.

Extend the info:



https://investockreal.com/los-azules-mcewen-minings-monster-copper-project-in-argentina/
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