TORONTO, June 24, 2024 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE and TSX: MUX) announces a non-brokered private placement financing of up to 2,333,333 common shares of its wholly-owned subsidiary McEwen Copper Inc. at a subscription price of US$30.00 per common share, for gross proceeds of up to US$70 million (the "Offering"). McEwen Copper currently has 30,937,615 common shares outstanding (basic and diluted). Lead orders to purchase 27% of the total Offering have been committed by McEwen Mi
TORONTO, June 20, 2024 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to report on the progress at the Fox Complex, where we are advancing a new mine on the Stock Property. Production is planned to start in the second half of 2025. Pre-construction activities of the Stock portal have commenced, which will allow access to mining of the three gold zones, West, Main and East. In addition, the portal will provide cost-effective underground drill platforms to enable testing
On June 18, 2024, Perry Ing, the Chief Financial Officer of McEwen Mining Inc (NYSE:MUX), executed a sale of 23,332 shares of the company, according to the SEC Filing. McEwen Mining Inc (NYSE:MUX) is involved in the exploration, development, production, and sale of gold and silver in the Americas. Over the past year, the insider transaction history for McEwen Mining Inc shows a trend with 1 insider buy and 3 insider sells.