McEwen Mining: Q4 Preview

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Overig advies 14/12/2023 06:26
TORONTO, Dec. 12, 2023 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to report consolidated production in the October-November period has increased to 29,600 gold equivalent ounces (“GEOs”)(1), a significant improvement over the first nine months of the year. In November, Gold Bar production increased to 7,800 gold ounces. As a result of the strong performance at Gold Bar, partially offset by slightly lower production at Fox and San José, our forecast for the full year 2023 is now estimated at 154,200 GEOs (see Table 1).

“Gold Bar has picked up the pace in the fourth quarter due to higher ore crushing rates combined with an expansion of the heap leach pad, which resulted in a large gold inventory on the heap leach pad starting to produce in October. Monthly production is projected to remain strong in December and into Q1 2024. The additional production from Gold Bar, combined with the announced flow-through equity financing for Fox exploration and development, puts us in a good financial position to enter 2024. Our focus is on driving continued operational improvements and growth projects across the organization,” commented Rob McEwen, Chairman and Chief Owner. see & read more on
https://www.mcewenmining.com/investor-relations/press-releases/press-release-details/2023/McEwen-Mining-Q4-Preview/default.aspx

AND
McEwen Mining Appoints a New Director.
TORONTO, Dec. 13, 2023 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to welcome Nicolas Darveau-Garneau as the newest member of our Board of Directors.

Nicolas Darveau-Garneau (“Nick”) is an artificial intelligence (AI) and digital transformation expert with over 25 years of experience. As Google’s Chief Evangelist, Nick worked with the C-suites of more than 800 of Google’s top customers to help them accelerate their digital transformation. He also worked as Chief Strategy and Growth Officer at Coveo, a leading AI company that provides advanced AI enterprise search solutions and relevant recommendations for powering e-commerce and customer service. Nick has been a technology entrepreneur, investor, and analyst since 1995. He was a co-founder of MSN.com at Microsoft and of four other internet companies, three of which he sold.

Nick was also a management consultant at McKinsey & Co. and a senior equity analyst at Sanford C. Bernstein, a top-ranked Wall Street firm known for its research in equity investment. see & read more on
https://www.mcewenmining.com/investor-relations/press-releases/press-release-details/2023/McEwen-Mining-Appoints-a-New-Director-e2ad8ad39/default.aspx



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