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Bullboard - Stock Discussion Forum
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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NYSE:MUX - Post Discussion
McEwen Mining Inc
> McEwen Mining Reduces Debt by 39%
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•••
Betteryear2
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Post by
Betteryear2
on May 23, 2023 4:20pm
McEwen Mining Reduces Debt by 39%
TORONTO, May 23, 2023 (GLOBE NEWSWIRE) --
McEwen Mining Inc. (NYSE: MUX) (TSX: MUX)
(“McEwen Mining” or the “Company”) today reported that it has repaid
$25 million
of its senior secured debt payable to Sprott Resource Lending (“Sprott”) and Sprott is no longer a lender.
McEwen Mining Reduces Debt by 39% (globenewswire.com)
(35)
•••
Dormie18
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Comment by
Dormie18
on May 29, 2023 2:57pm
I would have thought that getting Sprott off the balance sheet would have been widely praised. It's good by me!
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