McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Is ‘One to Watch’
Jan 23, 2023
- McEwen Mining is an asset rich gold and silver producer with large exposure to copper
- McEwen Mining CEO Rob McEwen maintains a 17.3% ownership stake in McEwen Mining with a cost base of roughly $220 million
- McEwen Copper’s Los Azules project is one of the world’s largest and most economically robust underdeveloped copper projects
- A proposed IPO of McEwen Copper, with its implied market cap of $258 million, could effectively turbocharge the balance sheet of McEwen Mining
McEwen Mining (NYSE: MUX) (TSX: MUX) is an asset rich diversified gold and silver producer in the Americas and has a large exposure to copper through its subsidiary, McEwen Copper, owner of the Los Azules copper deposit in Argentina, believed to be the 9th largest undeveloped copper resource in the world.
Led by a management team with a track record of success, MUX owns and operates mines in some of the most prolific gold producing regions in the Americas. In recent months, the company has undertaken strong actions to lower production costs and increase production across its portfolio of…
Seldom is management so aligned with investors’ interests with a commitment to the company’s success.
NOTE TO INVESTORS: The latest news and updates relating to MUX are available in the company’s newsroom at http://ibn.fm/MUX
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