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Bullboard - Stock Discussion Forum 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... see more

NYSE:MUX - Post Discussion

McEwen Mining Inc > McEwen Mining Reduces Debt by 39%
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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)
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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