TNR Gold Corp (TSX-V:TNR, OTC:TRRXF) said Monday that McEwen Mining has made further progress on the development of the Los Azules copper project in Argentina, where TNR holds a 0.4% net smelter returns royalty. In its quarterly earnings update, McEwen Mining reported that its subsidiary, McEwen Copper, invested $21.3 million in the first quarter of 2025 to advance a feasibility study for the Los Azules project, one of the world's largest undeveloped copper deposits.
McEwen Mining, Inc. (NYSE:MUX ) Q1 2025 Earnings Conference Call May 8, 2025 11:00 AM ET Company Participants Rob McEwen - Chairman & Chief Owner William Shaver - COO Perry Ing - CFO Jeff Chan - VP, Finance Stefan Spears - VP, Corporate Development Michael Meding - VP & General Manager, McEwen Copper Carmen Diges - General Counsel & Secretary Conference Call Participants Mike Kozak - Cantor Fitzgerald Bill Powers - Private Investor Operator Welcome to McEwen Mining's First Quarter 2025 Operating and Financial Results Conference Call. Present from the company today are Rob McEwen, Chairman and Chief Owner; William Shaver, Chief Operating Officer; Perry Ing, Chief Financial Officer; Jeff Chan, Vice President, Finance; Stefan Spears, Vice President, Corporate Development; Michael Meding, Vice President and General Manager of McEwen Copper; and Carmen Diges, General Counsel and Secretary.
McEwen (MUX) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of $0.14. This compares to loss of $0.41 per share a year ago.
McEwen Copper Inc is planning an initial public offering in New York or Toronto to finance construction of its Los Azules copper project in Argentina's San Juan province, according to Bloomberg. Rob McEwen's copper venture is preparing to tap public markets to fund one of Argentina's most closely watched mining projects, as investor optimism builds under President Javier Milei's market-friendly agenda.
McEwen Mining's fourth-quarter revenues reflect the impact of low volumes sold, somewhat offset by higher prices.
McEwen Mining, Inc. (NYSE:MUX ) Q4 2024 Earnings Conference Call March 18, 2025 11:00 AM ET Company Participants Rob McEwen - Chairman & Chief Owner William Shaver - Chief Operating Officer Perry Ing - Chief Financial Officer Jeff Chan - Vice President, Finance Stefan Spears - Vice President, Corporate Development Michael Meding - Vice President & General Manger, McEwen Copper Carmen Diges - General Counsel & Secretary Conference Call Participants Jake Sekelsky - Alliance Global Partners Mike Kozak - Cantor Fitzgerald Chris White - Gray Aspen John Tumazos - Very Independent Research Operator Hello, ladies and gentlemen, welcome to McEwen Mining's Fourth Quarter and Year End 2024 Operating and Financial Results Conference Call. Present from the company today are Rob McEwen, Chairman and Chief Owner; William Shaver, Chief Operating Officer; Perry Ing, Chief Financial Officer; Jeff Chan, Vice President, Finance; Stefan Spears, Vice President, Corporate Development; Michael Meding, Vice President and General Manager at McEwen Copper; Carmen Diges, General Counsel and Security.
McEwen (MUX) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of a loss of $0.13. This compares to earnings of $2.90 per share a year ago.
McEwen (MUX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
There is a significant upswing coming in the commodity cycle that will be driven by geopolitical tensions and underinvestment in the mining sector, according to McEwen Mining's Executive Chair and Chief Owner, Rob McEwen.
Here is how McEwen (MUX) and Equinox Gold (EQX) have performed compared to their sector so far this year.
TNR Gold Corp (TSX-V:TNR, OTC:TRRXF) announced a major development for the Los Azules copper project in Argentina, as McEwen Mining confirmed the approval of the Environmental Impact Assessment (EIA), a significant step toward feasibility, construction, and future operations. TNR Gold holds a 0.4% net smelter returns royalty (NSR) on the Los Azules copper, gold, and silver project, operated by McEwen Copper Inc., a subsidiary of McEwen Mining.
McEwen Copper, part of McEwen Mining Inc (TSX:MUX, NYSE:MUX), is seeking $2.5 billion in funding to move forward with the construction of its Los Azules copper mine in Argentina, the company's vice president Michael Meding told Reuters in an interview Thursday. The company has already invested more than $400 million in the project, located in Argentina's northern mountains, a region that has largely remained untapped for copper due to the country's challenging economic conditions and stringent capital controls.