McEwen Mining

McEwen Mining Inc
Public
Traded as NYSE: MUX
TSX: MUX
Industry Mining
Key people
Rob McEwen, CEO & Chairman
Website www.mcewenmining.com

McEwen Mining Inc is a growing gold and silver producer in the Americas. The objective of McEwen Mining is to be a profitable gold & silver producer in S&P 500.

Assets

McEwen Mining's principal assets consist of the following:

Production

A 49% interest in Minera Santa Cruz SA, owner of the San José silver-gold mine that is located near Goldcorp's Cerro Negro project in Argentina; and Phase I of the El Gallo complex in Sinaloa, Mexico.[1]

Development

El Gallo 2 project in Sinaloa, Mexico; the Gold Bar project in Nevada, USA; as well as the Los Azules copper deposit in San Juan, Argentina.

Exploration

The Company has a significant portfolio of large exploration land packages surrounding the San José mine and Goldcorp's Cerro Negro project in Santa Cruz province Argentina, adjoining Barrick's Cortez mine in Nevada and surrounding its El Gallo complex in Mexico.[2]

McEwen Mining had 304.1 million fully diluted shares as of December 31, 2015. As of March 7, 2016, McEwen Mining had cash and liquid assets of approximately US$40 million.[3]

Insider Ownership

As of April 11, 2016 Rob McEwen, CEO of McEwen Mining, had a 25% ownership in the company's stock. [4]

References

  1. corporate website: http://mcewenmining.com/Media-Events/News-Releases/News-Releases-Details/2012/McEwen-Mining-Announces-First-Gold-Pour-at-El-Gallo-Phase-I-in-Mexico1131156/default.aspx
  2. corporate website: http://mcewenmining.com/About-Us/default.aspx
  3. corporate website: http://mcewenmining.com/About-Us/default.aspx
  4. http://www.insidersense.com/insider-wkly/2016/12/20/december-week-2


This article is issued from Wikipedia - version of the 9/15/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.