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McEwen Mining Inc (MUX.N)

MUX.N on New York Stock Exchange

2.09USD
23 Feb 2018
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Latest Key Developments (Source: Significant Developments)

Mcewen Mining Sees Gold Production of 128,000 Oz in 2018
Thursday, 22 Feb 2018 06:00am EST 

Feb 22 (Reuters) - Mcewen Mining Inc ::MCEWEN MINING REPORTS 2017 FULL YEAR AND Q4 RESULTS.MCEWEN MINING INC SEES CONSOLIDATED ‍GOLD PRODUCTION OF 128,000 OZ IN 2018.MCEWEN MINING INC SEES CONSOLIDATED SILVER PRODUCTION OF ‍3.2 MILLION OZ IN 2018.  Full Article

Mcewen Mining Reports Q4 Production Results
Monday, 15 Jan 2018 06:00am EST 

Jan 15 (Reuters) - Mcewen Mining Inc ::MCEWEN MINING REPORTS 2017 FULL YEAR AND Q4 PRODUCTION RESULTS.SAYS Q4 CONSOLIDATED GOLD OUNCES PRODUCTION WAS 48,609​ OUNCES.SAYS Q4 CONSOLIDATED SILVER OUNCES PRODUCTION WAS 926,739 OUNCES.  Full Article

McEwen Mining's Unit Executed Line Of Credit Agreement With Banco Nacional De Comercio Exterior, S.N.C. - SEC Filing​
Monday, 4 Dec 2017 12:12pm EST 

Dec 4 (Reuters) - McEwen Mining Inc ::SAYS ‍ON NOV 30, UNIT EXECUTED A LINE OF CREDIT AGREEMENT WITH BANCO NACIONAL DE COMERCIO EXTERIOR, S.N.C. - SEC FILING​.SAYS THE LINE OF CREDIT ALLOWS CO'S UNIT TO BORROW UP TO 120 MILLION MEXICAN PESOS ‍​.SAYS BORROWING UNDER LINE OF CREDIT WILL BE AVAILABLE FOR ONE YEAR FROM NOV 30.SAYS UNIT IS PERMITTED TO USE PROCEEDS FROM LINE OF CREDIT TO FINANCE UP TO 90% OF THE VAT REFUNDS RELATED TO COST OF ITS EL GALLO 1 MINING PROJECT​.  Full Article

McEwen Mining receives key permit for gold bar project
Wednesday, 8 Nov 2017 06:00am EST 

Nov 8 (Reuters) - McEwen Mining Inc -:McEwen Mining receives key permit for gold bar.McEwen Mining-got signed record of decision on final environmental impact statement for gold bar project (gold bar), Eureka county, Nevada​.  Full Article

McEwen Mining Q3 qtrly loss per share ‍$0.03
Thursday, 2 Nov 2017 04:44pm EDT 

Nov 2 (Reuters) - Mcewen Mining Inc : :McEwen Mining announces Q3 2017 operating & financial results.McEwen Mining inc qtrly loss per share ‍$0.03.  Full Article

McEwen Mining reports Q3 2017 ‍consolidated gold ounces production of 19,051 ounces
Wednesday, 18 Oct 2017 04:43pm EDT 

Oct 18 (Reuters) - McEwen Mining Inc :McEwen Mining reports Q3 2017 production results.McEwen Mining Inc - ‍consolidated gold ounces production for Q3 2017 of 19,051 ounces versus 24,281​ ounces.McEwen Mining Inc - qtrly ‍production for gold equivalent​ ounces of 29,047 ounces versus 36,496 ounces.McEwen Mining Inc - ‍addition of Black Fox Complex boosts co's global 2018 production guidance to between 172,000-185,000 gold equivalent ounces​.  Full Article

Primero Mining ‍lowers 2017 San Dimas production guidance
Thursday, 21 Sep 2017 06:50am EDT 

Sept 21 (Reuters) - Primero Mining Corp :Primero provides an operations and corporate update.Lowered its 2017 San Dimas production guidance to between 75,000 and 85,000 gold equivalent ounces​.2017 production guidance been reduced to reflect more gradual restart of San Dimas operations and pending sale of Black Fox complex​.Expects consolidated 2017 production of between 125,000 and 135,000 gold equivalent ounces.Continues with negotiations on potential sale of San Dimas or potential renegotiation of its silver stream​.AISC is expected to be between $1,200 and $1,300 per gold ounce for 2017.  Full Article

McEwen Mining announces bought deal of $40.5 million
Monday, 18 Sep 2017 05:03pm EDT 

Sept 18 (Reuters) - Mcewen Mining Inc :McEwen Mining announces bought deal of $40.5 million.McEwen Mining -‍Intends to use net proceeds of offering to fund previously announced acquisition of Black Fox complex and associated assets and liabilities​.McEwen Mining - Underwriters have agreed to purchase, on bought deal basis, 18 million shares and warrants to purchase up to 9 million shares at $2.25 per share.  Full Article

McEwen Mining and Primero sign definitive agreement
Tuesday, 29 Aug 2017 06:00am EDT 

Aug 29 (Reuters) - Mcewen Mining Inc :McEwen Mining and Primero sign definitive agreement.Agreed purchase price is $35 million, subject to closing adjustments.Signed binding agreement with Primero Mining for purchase of Black Fox Complex in Timmins, Canada.  Full Article

Primero reports Q2 adjusted loss per share $0.02
Thursday, 10 Aug 2017 06:50am EDT 

Aug 10 (Reuters) - Primero Mining Corp ::Primero reports second quarter 2017 results.Q2 adjusted loss per share $0.02.Q2 earnings per share view $-0.02 -- Thomson Reuters I/B/E/S.Remains on track to achieve 2017 production guidance of between 50,000 and 60,000 ounces of gold from Black Fox.San Dimas capital plan for 2017 has been re-evaluated and scaled back by $17.7 million to $33.4 million.Qtrly ‍total production of 35,965 gold equivalent ounces, 27% lower than 49,499 gold equivalent ounces produced in Q2 2016​.Will continue to advance discussions with financiers to extend or refinance $75 million rcf due in november 2017​.Consolidated Q2 2017 total cash costs were $852 per gold equivalent ounce, with consolidated aisc of $1,262 per gold ounce​.Primero mining corp qtrly ‍revenues $16.2 million versus $42.6 million.Net loss incurred in q2 2017 includes a $285.0 million impairment of company's assets​.Reduction in 2017 planned exploration, development spending may affect co's ability to achieve expected production levels from san dimas ​operations in future yrs.All-in sustaining costs are now expected to be between $900 and $1,050 per ounce in 2017 from san dimas ​operations.May not be able to fully repay debt obligations under rcf without obtaining an extension, or additional source of debt/equity financing​.Reduction in 2017 planned exploration & development spending may "affect" ability to achieve expected production levels from san dimas operations in future yrs​.  Full Article

BRIEF-Mcewen Mining Sees Gold Production of 128,000 Oz in 2018

* MCEWEN MINING INC SEES CONSOLIDATED ‍GOLD PRODUCTION OF 128,000 OZ IN 2018