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Stock Market & Financial Investment News

News Breaks
April 10, 2014
07:38 EDTMUXMcEwen Mining reports Q1 production 32,146 gold eq. oz
McEwen Mining announced production results for Q1. The company's total production for Q1 was 32,146 gold eq. oz comprised of 20,062 gold oz and 725,025 silver oz. This represents an approximate increase of 14% compared to Q1, 2013. Full-year guidance remains unchanged for the year at 135,000-140,000 gold eq. oz.
News For MUX From The Last 14 Days
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April 16, 2015
17:21 EDTMUXMcEwen Mining reports Q1 gold production up 23%
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April 13, 2015
18:18 EDTMUXMcEwen Mining CEO says no regular contact, relationship with cartel members
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April 8, 2015
18:45 EDTMUXMcEwen Mining sees Q2 production at 14,000 ounces of gold
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April 7, 2015
19:59 EDTMUXRobbers steal 7,000 ounces of gold from McEwen mine, Reuters says
Robbers have stolen 7,000 ounces of gold from McEwen Mining's El Gallo 1 mine in Mexico, reports Reuters, citing company statements. Facilities were not damaged and the company is insured against theft, but McEwen does not expect its policy to cover the entire loss. Reuters notes that at current prices of $1,208 per ounce, the gold is worth nearly $8.5M. Reference Link
17:07 EDTMUXMcEwen Mining reports 7,000 ounces of gold stolen at El Gallo 1 mine
McEwen Mining is extremely disappointed to report an armed robbery occurred at El Gallo 1 mine in Sinaloa, Mexico. An estimated 900 kilograms of gold-bearing concentrate containing approximately 7,000 ounces of gold were stolen from the refinery. The crime is being vigorously investigated by the Mexican authorities. The Company maintains insurance against these types of incidents and is working closely with its insurance carrier to determine the extent of available coverage. However, the Company's policy will not be sufficient to cover the entire expected loss. No employees were seriously injured and there was no material damage to any of the Company's facilities. Mining and processing activities have not been impacted and continue uninterrupted.

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