MUX signs a deal with YPF Luz to power its Los Azules project, supporting sustainable growth and long-term value.
McEwen Mining (MUX) closes the previously announced deal to acquire all issued and outstanding common shares of Timberline.
McEwen Mining Inc. (NYSE:MUX ) Q2 2024 Earnings Conference Call August 8, 2024 11:00 AM ET Company Participants Rob McEwen - Chairman & Chief Owner William Shaver - Chief Operating Officer Perry Ing - Chief Financial Officer Michael Meding - Vice President and General Manager of McEwen Copper\ Conference Call Participants Jake Sekelsky - Alliance Global Partners Heiko Ihle - H.C. Wainwright Mike Kozak - Cantor Fitzgerald Allan Barry - Rocks and Stocks Operator Hello, ladies and gentlemen, and welcome to McEwen Mining's, Second Quarter 2024 Operating and Financial Results Conference Call.
McEwen (MUX) came out with a quarterly loss of $0.26 per share versus the Zacks Consensus Estimate of a loss of $0.22. This compares to loss of $0.46 per share a year ago.
McEwen Mining receives a "Buy" rating due to improved performance in Nevada and positive prospects in Ontario and Argentina. President Milei's legislative package in Argentina creates a favorable environment for private initiatives, benefiting the mining industry. Despite recent challenges, McEwen Mining's Q1-2024 results and growth plans show promise, supported by positive trends in gold and silver prices.
TNR Gold Corp (TSX-V:TNR, OTC:TRRXF) has announced an update from McEwen Mining on the Los Azules copper, gold, and silver project in San Juan, Argentina, where TNR holds a 0.4% net smelter returns royalty. McEwen Mining has launched a private placement of just over 2.3 million shares of its subsidiary, McEwen Copper Inc., at $30 per share, aiming to raise $70 million to advance a bankable feasibility study for the Los Azules project.
TNR Gold Corp (TSX-V:TNR, OTC:TRRXF) announced significant progress at the Los Azules copper, gold, and silver project in San Juan, Argentina, as detailed in a recent update from McEwen Mining Inc (TSX:MUX, NYSE:MUX). TNR holds a 0.4% net smelter returns royalty on the Los Azules project, managed by McEwen Copper, a subsidiary of McEwen Mining.
TNR Gold Corp (TSX-V:TNR, OTC:TRRXF) announced significant progress at the Los Azules copper, gold, and silver project in San Juan, Argentina, as detailed in a recent update from McEwen Mining Inc (TSX:MUX, NYSE:MUX). TNR holds a 0.4% net smelter returns royalty on the Los Azules project, managed by McEwen Copper, a subsidiary of McEwen Mining.