People: McEwen Mining Inc (MUX)
MUX on New York Consolidated
2.19USD
21 May 2013
2.19USD
21 May 2013
Price Change (% chg)
$-0.14 (-6.01%)
$-0.14 (-6.01%)
Prev Close
$1.96
$1.96
Open
$2.19
$2.19
Day's High
$2.30
$2.30
Day's Low
$2.16
$2.16
Volume
3,249,159
3,249,159
Avg. Vol
3,358,906
3,358,906
52-wk High
$4.72
$4.72
52-wk Low
$1.67
$1.67
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Robert McEwen |
61 | 2005 | Independent Chairman of the Board, Chief Executive Officer |
Perry Ing |
36 | 2009 | Chief Financial Officer, Vice President |
William Faust |
60 | 2011 | Chief Operating Officer |
Ian Ball |
30 | 2010 | Senior Vice President |
Nils Engelstad |
33 | 2012 | Vice President - Corporate Affairs, Corporate Secretary |
Andrew Elinesky |
35 | 2012 | Vice President - Argentina |
Simon Quick |
25 | 2012 | Vice President - Projects |
Allen Ambrose |
2012 | Independent Director | |
Michele Ashby |
56 | 2005 | Independent Director |
Leanne Baker |
60 | 2005 | Independent Director |
Richard Brissenden |
67 | 2012 | Independent Director |
Donald Quick |
60 | 2012 | Independent Director |
Michael Stein |
61 | 2012 | Independent Director |
Biographies
| Name | Description |
|---|---|
Robert McEwen |
Mr. Robert R. McEwen is Independent Chairman of the Board, Chief Executive Officer of McEwen Mining Inc., since August 18, 2005. Prior to acquisition of Minera Andes in January 2012, Mr. McEwen was also Executive Chairman, President, Chief Executive Officer (from June 2009) and Director (from August 2008) of that entity. Minera Andes was a gold and silver producer and copper exploration company with securities formerly traded on the Toronto Stock Exchange ("TSX") and the OTC Bulletin Board. The company completed the acquisition of Minera Andes in January 2012. From 1994 to December 2010, Mr. McEwen also served as Chairman and Chief Executive Officer of Lexam Explorations Inc. ("Lexam"). Lexam combined with VG Gold Corp. in 2011 and is now known as Lexam VG Gold Inc. ("Lexam VG"). Mr. McEwen is Non-executive Chairman of Lexam VG, which securities trade on the TSX. He was the Chief Executive Officer of Goldcorp Inc. from June 1986 until February 2005 and the Chairman of that company from 1986 to October 2005. Goldcorp is engaged in the business of exploring for and producing gold and other precious metals. The securities of Goldcorp are traded on the TSX and NYSE. |
Perry Ing |
Mr. Perry Y. Ing is Chief Financial Officer, Vice President of McEwen Mining Inc. On March 3, 2008, Mr. Ing joined McEwen Mining as Vice President of Finance. Effective April 1, 2008, Mr. Ing began serving as Vice President and Chief Financial Officer. He was appointed Secretary in June 2008 and served in that capacity until August 2009. Simultaneous with his position with company, Mr. Ing served as the Chief Financial Officer of Minera Andes from April 2010 to January 2012. From June 2005 until December 31, 2010, Mr. Ing served as the Chief Financial Officer of Lexam. From November 2005 until February 2008, Mr. Ing was a financial consultant for Barrick Gold Corporation ("Barrick"). In that position, he provided transactional support services and served as project manager for valuations in connection with Barrick acquisitions. From December 2003 to September 2005, Mr. Ing served as the Corporate Controller for Goldcorp Inc. where he was responsible for financial reporting and the financial control environment of the company. From September 1997 to November 2003, he was a member of the assurance and business advisory services practice for PricewaterhouseCoopers, LLP and was promoted to manager in July 2001. In those positions, he was responsible for supervising and executing audits with an industry focus on international mining companies. In 1997, Mr. Ing received a Bachelor of Commerce from the University of Toronto. Mr. Ing holds professional designations as a Chartered Accountant in Ontario (2000), Certified Public Accountant in the State of Illinois (2001), and Chartered Financial Analyst (2003). |
William Faust |
Mr. William A. Faust is Chief Operating Officer of McEwen Mining Inc., since August 1, 2011. Immediately prior to his appointment as Chief Operating Officer, he served part-time as a consultant for the Company. From April 2007 to June 2011, he served as the Chief Operating Officer/Senior Vice President—Operations, for Crystallex International Corporation, Inc. In that position, he was in charge of operations, project development and Venezuelan corporate staff where he directed gold mining operations at three open pit mines, one underground mine and a process plant in Venezuela. From May 2004 to March 2007, he served as Vice President—Operations for Nevada Pacific Gold Ltd., where he headed company operations and evaluation of mining prospects. Nevada Pacific Gold was acquired by McEwen Mining in 2007 and its Magistral Mine in Sinaloa State, Mexico is presently owned by the Company through its subsidiary. From March 2003 to April 2004, Mr. Faust was President—Mexico of Pan American Silver, Inc., where he headed an underground silver mine in Mexico and managed development of another open pit silver mine in Mexico. Mr. Faust is a Vietnam veteran, having served in the United States Navy and Navy Reserve, where he held a variety of positions over a 26-year career. He is a Registered Professional Engineer in New Mexico, and holds an MBA-Finance, Management from Western New Mexico University, a BS in Mining Engineering from New Mexico Tech and a BS in Civil Engineering from the University of New Mexico. |
Ian Ball |
Mr. Ian J. Ball is Senior Vice President of McEwen Mining Inc since August 2010. Effective August 1, 2008, Mr. Ball was appointed Vice President, Mexico. Prior to becoming a full-time employee and executive officer of company, Mr. Ball served as a consultant assisting with exploration and investor relations since July 2005. From April 2006 to December 31, 2010, Mr. Ball also served as Vice President, Corporate Development of Lexam. During that time, Mr. Ball also worked for McEwen Capital, the private investment vehicle of Robert R. McEwen, and was responsible for assisting with financing transactions and the management of various exploration programs for other entities in which Mr. McEwen had an interest. From April 2004 to July 2005, Mr. Ball worked at Goldcorp Inc. Mr. Ball received a diploma in Business Administration from Durham College in 2002 and a Bachelor of Commerce degree from Ryerson University in Toronto, Ontario in 2004. |
Nils Engelstad |
Mr. Nils F. Engelstad is Vice President - Corporate Affairs, Corporate Secretary of McEwen Mining In. Effective August 5, 2009, Mr. Engelstad was appointed Corporate Secretary. He also served as Vice President of Corporate Affairs for Minera Andes, a position he held from September 2009 to January 2012. From September 2009 to December 2010, he also served as Vice President, Legal, and Corporate Secretary of Lexam and continues as the Corporate Secretary for Lexam VG Gold Inc. on a part-time basis in addition to his service with McEwen Mining. From June 2007 to July 2009, Mr. Engelstad was in private practice with the law firm Stikeman Elliott LLP in Toronto, Canada practicing corporate and securities law. Mr. Engelstad received a Bachelor of Arts degree from the University of Toronto in 2002, and Bachelor of Laws (LL.B) degree from the University of Windsor in 2007. He is a member of the Law Society of Upper Canada. |
Andrew Elinesky |
Mr. Andrew Elinesky has been appointed as Vice President - Argentina of McEwen Mining Inc., effective April 18, 2012. He started with the Company as an Accounting Manager in April 2008 and served in that role until February 2010. Prior to joining the Company Mr. Elinesky worked as Accounting Manager at Safety Kleen in the UK. Mr. Elinesky left the Company in February 2010 to work for Minera Andes Inc. as a Controller, where he served from March 2010 to January 2012. Mr. Elinesky returned to the Company in January 2012, as Director - Projects Argentina when the Company acquired Minera Andes Inc. Mr. Elinesky served as Director - Projects Argentina from January 2012 to April 2012. |
Simon Quick |
Mr. Simon Quick has been appointed as Vice President - Projects of McEwen Mining Inc., effective April 18, 2012. He is currently Director — Projects (Mexico), joined McEwen Mining in 2009 and as since been an integral part of the team that has taken the company’s El Gallo project in Mexico from a grassroots exploration effort into the advanced development and construction phase, with production expected in July 2012. Going forward he is expected to play a role in the Gold Bar permitting process. |
Allen Ambrose |
Mr. Allen V. Ambrose is Independent Director of McEwen Mining Inc. Mr. Ambrose has nearly three decades of experience in the mining industry, including work with companies as well as junior exploration companies. He was a director of Minera Andes from November 1995 until its combination with McEwen Mining in January 2012. Mr. Ambrose also served as President and Chief Executive Officer of Minera Andes from 1995 until June 2008. Mr. Ambrose has experience in all phases of exploration, project evaluation and project management, and has worked as a geologic consultant in the U.S., Venezuela, and Argentina. As a consultant, he was a co-discoverer of a Venezuelan auriferous massive sulfide deposit acquired by Gold Reserve Corporation, and known generally as the Brisas deposit. He formerly was employed as exploration manager for N.A. Degerstrom Inc., a U.S. contract mining company, and has worked as a geologist for Cyprus Minerals, Kidd Creek Mines, Molycorp, Boise Cascade and Dennison Mines. He holds a B.Sc. degree in Geology from Eastern Washington University. |
Michele Ashby |
Ms. Michele L. Ashby is Independent Director of McEwen Mining Inc. Ms. Ashby is the Chief Executive Officer and founder of MiNE, LLC, a Colorado limited liability company which acts as an intermediary for natural resources and energy companies to the investment community. She has occupied that position since July 2005. From January 1988 to July 2005, she was the Chief Executive Officer and founder of Denver Gold Group Inc., a Colorado not-for-profit corporation organized and operated as a trade association for the mining industry. In that capacity, she developed, marketed and organized annual conferences for participants in the industry and the investment community. From November 1983 to December 1995, she was a stockbroker and mining analyst with a regional investment banking firm located in Denver, Colorado. She was a director from 2010 to March 2012 of Lucky Strike Resources, Ltd., a company with securities traded on the TSX Venture Exchange ("TSX-V"). From October 2008 to July 2009, she served as a director of Lake Victoria Mining Company, a mineral exploration company with securities traded on the OTCQB. Ms. Ashby graduated magna cum laude with a degree in finance from Regis University. Ms. Ashby's has 25 years in the finance industry emphasizing the mining sector. |
Leanne Baker |
Dr. Leanne M. Baker, Ph.D., is the Independent Director of McEwen Mining Inc. Dr. Baker currently serves as the President, Chief Executive Officer and a director of Sutter Gold Mining Inc., a corporation with securities traded on the TSX-V and the OTCQX, a position she has held since November 2, 2011. From January 2002 to October 2011, she was Managing Director of Investor Resources LLC, consulting for the mining and financial services industries. Prior to that, she was an equity research analyst and Managing Director with Salomon Smith Barney from 1990 to 2001, where she helped build a research and investment banking franchise in the metals and mining sectors. She is a director of Agnico-Eagle Mines Ltd., a company with securities traded on the TSX and NYSE; Reunion Gold Corporation, formerly known as New Sleeper Gold Corporation, with securities traded on the TSX-V; and Kimber Resources Inc., with securities traded on the TSX and NYSE Amex. Dr. Baker has a Master of Science degree and a Ph.D. in mineral economics from the Colorado School of Mines. |
Richard Brissenden |
Mr. Richard W. Brissenden is Independent Director of McEwen Mining Inc. Mr. Brissenden is a Chartered Accountant (Ontario) and a graduate from the Director's Education Program of the Institute of Corporate Directors with an ICD.D designation, with more than 30 years of experience in the mining and exploration sector. Mr. Brissenden is the President and a director of Regal Consolidated Ventures Limited, a mineral exploration company (since 1996) and a Vice President and director of William G. Brissenden Inc., a private investment company (since 1976). He serves as a director for several mining companies, including Canuc Resources Corporation (since June 2008), Corona Gold Corporation (since November 1996), Lexam VG Gold (since March 1994), Minaurum Gold Inc. (since August 2010), Ryan Gold Corp (since October 2002). He has previously served as a board member and executive of numerous companies in the mining and mineral exploration sector. |
Donald Quick |
Mr. Donald Quick is Independent Director of McEwen Mining Inc. Dr. Quick served as a director of Goldcorp from 2000 to 2006, and previously was a director of CSA Management, which he helped merge with Goldcorp in 2000. He was a director of Minera Andes from August 5, 2008 until it combined with McEwen Mining in January 2012, and of Jourdan Resources, Inc., a Canadian junior phosphate exploration company with securities trading on the TSX-V, from October 2011 until present. From 1996 to 2000, he was a Director of CSA Management Inc., which he helped merge into Goldcorp in 2000. Prior to 2003, Dr. Quick was in private practice as a chiropractor. |
Michael Stein |
Mr. Michael L. Stein is Independent Director of McEwen Mining Inc. Mr. Stein has been chairman and chief executive officer of the real estate investment and development company, MPI Group Inc., since 1994. He has also held the position of chairman and chief executive officer of the real estate investment and development company, MICC Properties Inc. since 1987. He is currently the chairman of the Canadian Apartment Properties Real Estate Investment Trust (CAP REIT), a company which he helped found in 1996. Between 2000 and 2006, Mr. Stein was also a member of the board of directors of Goldcorp Inc. Mr. Stein holds an engineering degree from the Israel Institute of Technology and an MBA in Finance and International business from Columbia University in New York. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Robert McEwen |
773,662 |
Perry Ing |
669,930 |
William Faust |
174,560 |
Ian Ball |
1,056,210 |
Nils Engelstad |
311,450 |
Andrew Elinesky |
-- |
Simon Quick |
-- |
Allen Ambrose |
-- |
Michele Ashby |
-- |
Leanne Baker |
-- |
Richard Brissenden |
-- |
Donald Quick |
-- |
Michael Stein |
-- |
As Of 30 Dec 2011
Options Compensation
| Name | Options | Value |
|---|---|---|
Robert McEwen |
0 | 0 |
Perry Ing |
76,667 | 334,886 |
William Faust |
0 | 0 |
Ian Ball |
10,000 | 18,200 |
Nils Engelstad |
0 | 0 |
Andrew Elinesky |
0 | 0 |
Simon Quick |
0 | 0 |
Allen Ambrose |
0 | 0 |
Michele Ashby |
0 | 0 |
Leanne Baker |
0 | 0 |
Richard Brissenden |
0 | 0 |
Donald Quick |
0 | 0 |
Michael Stein |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
2190303 ONTARIO INC |
41,509,285 | $0.00 |
MCEWEN ROBERT ROSS |
594,000 | $0.00 |
MCEWEN ROBERT ROSS |
41,509,285 | $0.00 |
FAUST WILLIAM ALEXANDER |
300 | $1.86 |
FAUST WILLIAM ALEXANDER |
300 | $1.77 |
QUICK DONALD R M |
45,000 | $0.00 |
BAKER LEANNE M |
1,760 | $2.25 |
FAUST WILLIAM ALEXANDER |
200 | $2.25 |
AMBROSE ALLEN V |
33,450 | $2.25 |
2190303 ONTARIO INC |
2,847,752 | $2.25 |
MCEWEN ROBERT ROSS |
2,847,752 | $2.25 |
BAKER LEANNE M |
3,000 | $2.25 |
BALL IAN J |
1,684 | $2.25 |
ASHBY MICHELE L |
2,500 | $2.25 |
BRISSENDEN RICHARD W |
15,100 | $3.61 |
BRISSENDEN RICHARD W |
14,900 | $3.51 |
BRISSENDEN RICHARD W |
45,000 | $3.50 |
BRISSENDEN RICHARD W |
45,000 | $1.62 |
BRISSENDEN RICHARD W |
30,000 | $2.26 |
BALL IAN J |
1,845 | $0.00 |
FAUST WILLIAM ALEXANDER |
200 | $3.48 |
SPEARS STEFAN |
29,250 | $0.00 |
ING PERRY Y |
16,667 | $0.91 |
ING PERRY Y |
13,500 | $0.00 |
AMBROSE ALLEN V |
200 | $5.67 |

