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News For MUX From The Last 14 Days Check below for free stories on MUX the last two weeks. |
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| May 22, 2013 | | 07:27 EDT |  | MUX | Roth Capital to host a conference
 Subscribe for More Information | | | May 16, 2013 | | 08:11 EDT |  | MUX | McEwen Mining plans to expand production at El Gallo 1 Mine in Mexico
McEwen Mining announced that the company will be expanding the El Gallo 1 Mine in Sinaloa, Mexico. The company expects this expansion will significantly increase gold production for a small amount of capital. El Gallo 1 mine to be increased from 3,000 to approximately 4,500 tonnes of ore per day. This, along with improvements in ore grade, would increase gold production from an estimated 27,300 ounces in 2013 to approximately 37,500 ounces in 2014 and 75,000 ounces in 2015. Initial capital cost estimated at approximately $5M. No need for debt or equity financing. Growth to be financed internally. El Gallo 2 Alternative: Evaluating potential to ship ore from El Gallo 2 to El Gallo 1, using current heap leaching facilities. Review will focus on silver recoveries -- early column tests returned between 45-62% silver -- and crushing/processing costs. If successful, this would eliminate approximately $170M in CapEx. | | | May 10, 2013 | | 09:00 EDT |  | MUX | McEwen Mining falls 5.7%
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