McEwen Mining - 500 Beiträge pro Seite (Seite 3)

[Antarius]

Antwort auf Beitrag Nr.: 53.244.633 von boersentrader02 am 09.09.16 13:55:47

ansonsten auch immer wieder mal hier gucken :
http://www.siliconinvestor.com/subject.aspx?subjectid=58536

z.B.:
http://www.siliconinvestor.com/readmsg.aspx?msgid=30744387
SEPT. 14
MINING - CALINGASTA
Macri received CEO of McEwen Mining Project Los Azules
Mauricio Macri, with Rob McEwen
...
..
.

[marstru]

Silber 2,5% im Plus , Gold im Plus aber McEwen im Minus. Hab heute noch mal aufgestockt, mal sehen wie ich aus der Sache rauskomme. Silberproduktion macht schließlich einen bedeutenden Anteil an McEwens Einkünften aus.

[boersentrader02]

Für Rob ist es egal wer in den USA die Wahl gewinnen wird, beide werden dafür . . .

. . . Sorge tragen, dass die Edelmetalle noch in diesem Jahr steigen werden.

Ich gönn es ihm denn ich profitiere dann ja auch.



Gold Bull McEwen Sees Prices as High as $1,900 by End of Year



Bullion ‘is a currency that doesn’t have a liability attached’
Either Trump or Clinton victory is positive for gold: McEwen

Robert McEwen, one of the gold’s industry’s most unabashed bulls, is predicting prices could surge as much as 44 percent by the end of the year as confidence in the economy buckles.

The metal could trade in a range of $1,700 an ounce to $1,900 by the end of 2016 as uncertainty builds around the stability of global currencies and sovereign debt, said McEwen, who’s so enamored by bullion that he’s founded two producers: McEwen Mining Inc. and Goldcorp Inc. Record-low global interest rates will cause a “huge amount of anxiety” for investors, who will turn to gold as a store of value and an alternative asset, he said.

Gold “is a currency that doesn’t have a liability attached to it,” McEwen said Tuesday in an interview at a gold conference in Colorado Springs. “A store of value that has gone for millennia. And the big argument against gold used to be it costs you money to store it. Right now, it’s costing you money to store your cash.”

In New York, gold futures for December delivery settled little changed at $1,318.20 on the Comex. Prices have climbed 24 percent so far this year, this biggest gain for this point in the calendar since 2011.

[boersentrader02]

Vielleicht gelingt es ihm ja, das MUX es im nächsten Jahr schafft, in den S&P 500 aufgenommen zu werden.

http://www.bnn.ca/video/robert-mcewen-why-my-dream-is-gettin…" target="_blank" rel="nofollow ugc noopener">http://www.bnn.ca/video/robert-mcewen-why-my-dream-is-gettin…


Robert McEwen: Why my dream is getting into S&P 500

The gold tycoon updates us on his projects and reminds us why he's so keen on seeing McEwen Mining included in America's stock benchmark.

[boersentrader02]

MsEwen Mining hat anläßlich der Denver Show, am 19. Sept. 016 eine neue Präsentation ins Netz gestellt.

http://s1.q4cdn.com/807296388/files/doc_presentations/201609…" target="_blank" rel="nofollow ugc noopener">http://s1.q4cdn.com/807296388/files/doc_presentations/201609…

DENVER GOLD SHOW SEPTEMBER 19, 2016

Wenn auch in diesem Jahr die Edelmetall-Produktion rückläufig ist und im nächsten Jahr stagniert, hier kann man dann sehen, das es in den ab 2018-er Jahren wieder nach oben gehen wird. Gönnen wir MUX die Zeit die es für diesen Sektorensprung benötigt.

S&P wir kommen.

[Antarius]

Antwort auf Beitrag Nr.: 53.317.941 von boersentrader02 am 21.09.16 12:01:26

korrekter Link zur (pdf) Präsentation ( 14 MB, 34 Seiten):

s1.q4cdn.com/807296388/files/doc_presentations/20160918_denv…

[boersentrader02]

Danke, für die Einstellung des richtigen Links.

[boersentrader02]

Wer es bisher noch nicht gemacht hat, soll sich einfach die Situation . . . .

. . . . zur Zeit ansehen und auf Edelmetalle setzen. Allerdings ist das nur m.M.

Es ist kein Aufruf von mir Edelmetalle zu kaufen, aber schaut es euch einfach nur an, was jetzt in der Welt alles passiert.


Hoffen wir das Beste und bereiten uns auf das Schlimmste vor - 09.10.2016

Sehr geehrte Damen und Herren,

Lassen Sie mich zunächst auf die Bedrohung des Bargeldes eingehen, bevor ich auf weitere mich beunruhigende Entwicklungen sowie die aktuelle Lage bei Gold und Silber nach der von uns erwarteten Korrektur zu sprechen komme. Vorausschicken will ich, dass ich mich sehr freue, auf der kommenden Edelmetallmesse am 3. November um 17:10 Uhr in München sprechen zu dürfen.

Jetzt das Bargeld und bald das Gold

Viele fragen mich, warum ich derzeit so viel Zeit in die Arbeit als Vorsitzender des gemeinnützigen Vereins Pro Bargeld - Pro Freiheit e.V. stecke. Insgesamt an 9 Tagen werden wir immerhin wie erstmals am 4. Mai 2016 an der Konstabler Wache für die große Kundgebung am Samstag, den 22. Oktober 2016, ab 14 Uhr auf der Hauptwache in Frankfurt werben. Wir werden auch drei Geldtransporter dank der Unterstützung der drei größten Werttransportunternehmen auffahren. Ich freue mich besonders, dass wir neben Prof. Joachim Starbatty den ehemaligen Partner der Börsenlegende Andre Kostolany, den Kapitalmarktexperten Gottfried Heller, gewinnen konnten.


Mehr dazu unter:
http://www.pro-bargeld.com/probargeld-profreiheit_kundgebung…" target="_blank" rel="nofollow ugc noopener">http://www.pro-bargeld.com/probargeld-profreiheit_kundgebung…


Der neueste Newsletter wurde gestern, am 9.10.2016, veröffentlicht. H

http://www.pro-bargeld.com/images/kundgebung_titel.jpg

[boersentrader02]

Naja, etwas mehr hätte es schon sein können.

Das es diesmal weniger werden würde, hat man ja schon kommuniziert, aber über 5k weniger überrascht mich schon.

Das 4. Quartal soll ja wieder besser werden. Erst bei besseren Zahlen wird auch der Kurs wieder nach Norden gehen, aber erst dann. Rob braucht halt seine Zeit um die Förderung nach oben zu bringen.


McEwen Mining produces 36,496 oz AuEq in Q3 2016

2016-10-13 06:42 ET - News Release

Ms. Christina McCarthy reports

MCEWEN MINING REPORTS Q3 PRODUCTION, MEXICO EXPLORATION DRILL RESULTS

McEwen Mining Inc.'s total production for the third quarter was 36,496 gold-equivalent ounces using a gold-to-silver ratio of 75 to 1, or 24,281 gold ounces and 916,168 silver ounces. Production is on target to achieve our 2016 guidance of 144,000 gold equivalent ounces, or 99,500 gold ounces and 3,337,000 silver ounces.

2016 Consolidated Production Summary

Guidance YTD Q1 Q2 Q3
Gold ounces 99,500 81,145 28,975 27,888 24,281
Silver ounces 3,337,000 2,464,941 673,767 875,006 916,168
Gold Eq. ounces 144,000 114,009 37,958 39,555 36,496

San Jose Mine, Argentina (49%) (1)

The San Jose Mine produced 12,527 gold ounces and 909,017 silver ounces attributable to us in Q3, for a total of 24,647 gold equivalent ounces. Year-to-date the San Jose Mine produced 33,839 gold ounces and 2,443,527 silver ounces attributable to us, for a total of 66,419 gold equivalent ounces. Full year production guidance for San Jose in 2016 is 45,000 gold ounces and 3.3 million silver ounces, for a total of 89,000 gold equivalent ounces attributable to us.

El Gallo Mine, Mexico (100%)

The El Gallo Mine performed as expected in Q3, producing 11,849 gold equivalent ounces. Production in Q3 was lower than the prior quarter due to lower ore grades, as we previously forecast (1.4 gpt in Q3 2016 vs. 2.3 gpt in Q2 2016). Year-to-date the El Gallo Mine produced 47,590 gold equivalent ounces. Full year guidance for El Gallo is 55,000 gold equivalent ounces.

Mexico Exploration Update

The 2016 exploration budget for Mexico is $4 million. Exploration drilling in the district around our El Gallo Mine has been concentrated primarily on three prospective areas; one area called Encuentro South has returned particularly encouraging results at shallow depths. Highlights are summarized below:

Hole ID Gold Grade (gpt) Intercept Width (m)



Den Rest der News findet ihr hier:

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:MUX-2412495

[meichel]

http://www.metalsnews.com/spotlight.aspx?ArticleID=1085447

[auro]

Antwort auf Beitrag Nr.: 53.559.735 von meichel am 26.10.16 18:59:36

Für mich ein ganz gewichtiger Grund wieso ich hier investiert bin!

In conclusion, Mr. McEwen said, “I have invested a lot of personal money, $127 million, in this company with the objective of significantly increasing its value to our share owners and myself. I do not take a salary, nor do I receive a bonus so I will only make money the same way my fellow share owners do with an increasing share price.

http://www.metalsnews.com/spotlight.aspx?ArticleID=1085447

[freddy1989]

Denver Goldforum hier die Presentation von Rob MC Ewen hoffe link klappt

http://www.denvergoldforum.org/dgf16/company-webcast/MUX:US/

[Antarius]

http://factsreporter.com/2016/11/01/past-3-quarter-analysis-…

Past 3 Quarter Analysis for McEwen Mining Inc. (NYSE:MUX)
By Troy Mann - November 1, 201643

McEwen Mining Inc. (NYSE:MUX) moved up 4.17% and closed its last trading session at $3.25. This Basic Materials Sector stock currently has the Market Capitalization of 926.87 Million. The Average Volume for the stock is measured as 4.18 Million. The Stock has a 52-Week High of $4.92 and 52-Week Low of $0.79 following the dates, it touched its 52-Week High on Jul 11, 2016 and 52-Week Low on Nov 6, 2015. Currently, the Return on Assets value for the trailing twelve months is 1.8% with the Return on Equity and Return on Investment of 2.1% and -5.9% respectively. This firm currently has YTD (year to date) performance of 208.19 Percent which is awesome. The Short Ratio for the stock is 7.38.

McEwen Mining Inc. (NYSE:MUX) Price to Earnings (P/E) ratio is 108.33. EPS or Earning per Share stands at $0.03. The TTM operating margin is -12.4 percent.

McEwen Mining Inc. (NYSE:MUX) reports its Earnings on Thu 3 Nov (In 2 Days). The estimated EPS for the current quarter is said to be $. Following Earnings result, share price were UP 8 times out of last 16 Qtrs. The stock has reduced about -30.5% since it reported its last earnings. The Closing price of McEwen Mining Inc. (NYSE:MUX) at Last Earnings was $4.49 as compared to the previous closing price of $3.08. The Predicted Move on the 7th day after McEwen Mining Inc. (NYSE:MUX) will release its earnings at about 8%.

By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, McEwen Mining Inc. (NYSE:MUX) beats earnings by 0%, The Stock Missed Earnings 0 times and has met earnings 0 times.

Earnings History:

We will discuss the past Quarters Earnings below:

McEwen Mining Inc. (NYSE:MUX) reported its previous quarter on 08/03/2016. The Closing price before the company posted its earnings was $4.49. The Stock declined on the very next day of earnings and maintained its stock price at $4.39 by showing a % change of -2.23 percent from its previous closing price. The Next Day Volume after Earnings was reported as 2.48 Million. On the 7th day After Earnings Report, the stock hit its share price as $4.34 by showing -3.34% decrease from the Stock price Before Earnings were reported.

Company Profile:

McEwen Mining Inc. explores for, develops, produces, and sells precious and base metals in Argentina, Mexico, and the United States. It primarily explores for gold, silver, and copper. The company’s principal assets consist of a 49% interest in the San José Mine in Santa Cruz, Argentina; the El Gallo 1 mine and El Gallo 2 project in Sinaloa, Mexico; the Gold Bar project in Nevada, the United States; and the Los Azules copper project in San Juan, Argentina. It covers an area of approximately 730 square miles and comprises 146 mining concessions consisting of 71 approved mining claims; 54 claims that are in the application process for mining claim status; and 21 claims, principally that are for exploration only. The company was formerly known as US Gold Corporation and changed its name to McEwen Mining Inc. in January 2012. McEwen Mining Inc. was founded in 1979 and is headquartered in Toronto, Canada.

[Antarius]

http://globenewswire.com/news-release/2016/11/03/886191/0/en…" target="_blank" rel="nofollow ugc noopener">http://globenewswire.com/news-release/2016/11/03/886191/0/en…

TORONTO, Nov. 03, 2016 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) is pleased to announce consolidated quarterly production of 36,496 gold equivalent ounces(1), comprised of 24,281 ounces gold and 916,168 ounces silver. For the three and nine months ended September 30, 2016, the Company reported net income of $4.2 million(2) or $0.01 per share and $25.5 million or $0.09 per share, respectively. Earnings from mining operations(3) were $18.9 million and $57.7 million over the same periods. Net income for the three months ended September 30, 2015 was $2.6 million or $0.01 per share and net loss for the nine months ended September 30, 2015 was $5.5 million, or $0.02 per share.

For the three and nine months ended September 30, 2016, the Company generated $4.9 million and $24.4 million of net cash flow from operations, respectively. We ended the third quarter of 2016 with liquid assets(3) of $62.5 million composed of cash of $38.8 million, precious metals of $16.6 million and marketable securities of $7.1 million. The Company has no debt, and has not done any financings, sold any metal streams, royalties, or hedges against precious metals. As at October 31, 2016 we had liquid assets of $60.3 million.

Our 2016 production guidance remains 99,500 gold ounces and 3.3 million silver ounces, or approximately 144,000 gold equivalent ounces. However, we are reducing our original guidance for total cash costs and all-in sustaining costs (“AISC”) from $780 and $935 per gold equivalent ounce, respectively, to $700 and $860. This is attributable to the reduced cost levels at the El Gallo Mine in the first nine months, which we expect to continue for the rest of this year.

In addition, the Company announces the promotion of Xavier Ochoa from Chief Operating Officer to President and Chief Operating Officer, effective immediately. Simultaneously, the Company announces the departure of its former President, Colin Sutherland.

The tables below provide selected operating and financial results for Q3, comparative results for Q3 2015, and our production and cost guidance for full year 2016. For our SEC Form 10-Q Financial Statements and MD&A please refer to:
...
..
.

[meichel]

https://www.finanzen100.de/finanznachrichten/wirtschaft/us-f…

[Antarius]

Antwort auf Beitrag Nr.: 53.619.621 von meichel am 04.11.16 11:12:19

Ein Goldindustrie-Insider sieht den Goldpreis bis Ende des Jahres bei 1.900 US-Dollar

(Quelle: Ein Goldindustrie-Insider sieht den Goldpreis bis Ende des J…

[bigyawn]

McEwen Mining appoints Ochoa president

2016-11-04 07:49 ET - News Release

Mr. Rob McEwen reports

MCEWEN MINING APPOINTS XAVIER OCHOA AS PRESIDENT AND COO

McEwen Mining Inc. has appointed Xavier Ochoa as president and chief operating officer. Mr. Ochoa joined the company this past September, 2016, as McEwen Mining's COO (see news release dated Sept. 9, 2016).

The change in management represents a significant step toward reaching the company's operational goals and further advancing its portfolio of projects. Mr. Ochoa brings over 25 years of international experience in the mining industry, including senior management positions, where he was instrumental for leading project and operational teams, both underground and open pit.

In Mexico, the company has an extensive land package with numerous small-scale historic areas of mine production throughout the property package. A new geological interpretation making use of advanced geophysics and information collected from exploration work has been developed for the El Gallo property which confirms the geological potential. Recent work has demonstrated encouraging results at the El Encuentro-La Revancha zone (see news release dated Oct. 13, 2016). The company has recently begun to demonstrate the prospective nature and potential longevity of mining within the El Gallo district. Under Xavier's direction, the company will continue to implement this program with the goal of extending the mine life at the El Gallo complex.

At the El Gallo silver project, the company is revisiting the project and conducting new studies to improve the project economics in light of current silver prices and its continuing exploration program on the El Gallo district.

Mr. Ochoa will continue to oversee the advancement of the permits required for a speedy construction decision of the company's Gold Bar project in Nevada while implementing the continuing work program to improve the economics of the large Los Azules copper project in Argentina.

"At McEwen Mining, we believe in constant innovation and a vision of aggressively growing shareowner value. Xavier is a mining engineer with a strong record of enhancing production, reducing operating costs and creatively improving capital efficiency. Having worked for several large companies in the past such as Xtrata, Goldcorp, Barrick and Glencore, I believe Xavier has the skill set and meets the needs to be very effective in his new role," commented Rob McEwen, chief owner.

About McEwen Mining

McEwen Mining's principal assets consist of the San Jose mine in Santa Cruz, Argentina (49-per-cent interest), the El Gallo mine and El Gallo silver project in Sinaloa, Mexico, the Gold Bar project in Nevada, United States, and the Los Azules copper project in San Juan, Argentina. Mr. McEwen owns 25 per cent of the company.

We seek Safe Harbor.

© 2016 Canjex Publishing Ltd. All rights reserved.

[boersentrader02]

Alles was Rang und Namen bei Mc Ewen Mining hat, war anläßlich der Telefon-Konferenz da . . ..

. . . und gab Auskunft über das Unternehmen.

Die Telefon-Konferenz fand am 3.11. 2016 statt und hier ist das vollständige Frage- und Antwortspiel der leitenden Herren nachzuvollziehen.

Das Ergebnis des 3.Quaertals wurde ja, wie alle wissen, bereits veröffentlicht. Aber die weiteren und tiefergehenden Infos gibt es hier.

Die Veröffentlichung dieser Infos gab es erst heute und wie zu sehen ist, hat der Kurs von MUX danach wieder gedreht. Ob diese News das veranlasst hat ?


McEwen Mining's (MUX) CEO Rob McEwen on Q3 2016 Results - Earnings Call Transcript
Nov. 7, 2016 1:13 PM ET|
About: McEwen Mining Inc. (MUX)

Q3 2016 Earnings Summary

News

EPS of $0.01 | Revenue of $13.43M (- 40.3% Y/Y)

McEwen Mining Inc. (NYSE:MUX)

Q3 2016 Earnings Conference Call

November 3, 2016 11:00 ET

Executives

Rob McEwen - Chief Owner

Andrew Elinesky - CFO

Xavier Ochoa - President & COO

Analysts

Operator

Good morning, ladies and gentlemen and welcome to the McEwen Mining Third Quarter 2016 Financial Results Conference Call. I would now like to turn the meeting over to Mr. Rob McEwen, Chief Owner. Please go ahead, Mr. McEwen.

Rob McEwen

Thank you, operator. Good morning, fellow shareholders and investors. Welcome to our third quarter 2016 conference call. We've produced another solid quarter, positive net cash flow, positive earnings, and we continue advancing our development projects: Gold Bar in Nevada, and El Gallo Silver in Mexico. I'm pleased to highlight that our balance sheet is clean and our treasury remains strong.

With me today to discuss our performance are Andrew Elinesky, our Chief Financial Officer, who will be discussing our financial performance along with Xavier Ochoa who joined us at the beginning of September as our Chief Operating Officer, and I'm pleased to say yesterday he was promoted to President and Chief Operating Officer of the Company. Xavier is a mining engineer with more than 25 years of experience in open pit and underground mine. He has held senior executive positions with Xstrata, Glencore, Barrick and Goldcorp. His outstanding record of delivering growth in operational excellence positions us well, as we prepare to leap forward with our development projects. Xavier will discuss our operational performance.

I'll now turn the conference call over to Andrew.



http://seekingalpha.com/article/4020592-mcewen-minings-mux-c…

[boersentrader02]

Geht es in der angegebenen Zeit für MUX um die Aufnahme in den S&P 500 ?

Es wäre für alle Noch-Aktionäre, bestimmt sind einige durch den derzeitigen, auch nicht zu erwartenden, Kursverfall der Aktie bereits ausgestiegen, ein kleines Schmankel wenn es das sein sollte.

MUX in den S&P 500.

Ist der heutige Kursanstieg der MUX-Aktie bereits die Folge, dieser eventuellen Spekulation ?



MCEWEN MINING INC

2,75 Euro +0,17 +6,59 -.-.-.-.-. 18:36 21.11.2016 | 18:21
(2 Leser)

Newsfile·Mehr Nachrichten von Newsfile
McEwen Mining, Gold, Silver and Copper in the Americas, CEO Clip Video


McEwen Mining is being featured on CBC's Documentary Channel, Nov 28-Dec 11, Monday through Friday, throughout the day and evenings.

McEwen Mining (TSX: MUX):

McEwen Mining's goal is to qualify for inclusion in the S&P 500 Index by creating a high growth, profitable gold and silver producer focused in the Americas and Europe. McEwen Mining's principal assets consist of the San José Mine in Santa Cruz, Argentina (49% interest), the El Gallo Mine and El Gallo Silver project in Sinaloa, Mexico, the Gold Bar project in Nevada, USA, and the Los Azules copper project in San Juan, Argentina. http://www.mcewenmining.com/

About CEO Clips:

CEO Clips is the largest library of publicly traded company CEO videos in the US and Canada. These 90 second video profiles broadcast on national TV and are distributed online on top financial portals including: Thomson Reuters, BNN.ca, and Stockhouse.com. They are also disseminated via a video news release to several financial portals including Globe Investor, OTC Markets, TMX Money MoneyThe National Post.

BTV - Business Television/CEO Clip Contact: Trina Schlingmann [phone] x 5 [e-mail]


http://www.finanznachrichten.de/nachrichten-2016-11/39248408…

[Antarius]

MUX-US: Earnings Analysis: Q3, 2016

McEwen Mining, Inc. :MUX-US: Earnings Analysis: Q3, 2016 By the Numbers : November 18, 2016
November 18, 2016 by CapitalCube

McEwen Mining, Inc. reports financial results for the quarter ended September 30, 2016.

We analyze the earnings along side the following peers of McEwen Mining, Inc. – Yamana Gold Inc., Alamos Gold Inc., First Majestic Silver Corp. and Pilot Gold Inc. (AUY-US, AGI-US, AG-US and PLGTF-US) that have also reported for this period.
Highlights

Summary numbers: Revenues of USD 13.42 million, Net Earnings of USD 4.21 million.

Gross margins narrowed from 40.80% to 32.86% compared to the same period last year, operating (EBITDA) margins now -3.80% from 23.82%.

Year-on-year change in operating cash flow of -54.47% is about the same as the change in earnings, likely no significant movement in accruals or reserves.

Earnings growth due to contribution of one-time items.

The table below shows the preliminary results and recent trends for key metrics such as revenues and net income growth:
...
..
.

http://www.capitalcube.com/blog/index.php/mcewen-mining-inc-…

[boersentrader02]

Rob spricht hier über das Jahr 2017 und wie es mit den RÈdelmetallen weiter gehen wird.

Rob McEwens Erwartungen für 2017
08:41 Uhr | Redaktion
Rob McEwen, Gründer und ehemaliger CEO von Goldcorp Inc. und aktuell CEO of McEwen Mining, sprach Ende 2016 mit Daniela Cambone von Kitco News über seine Erwartungen bezüglich der Entwicklung des Goldmarktes im Jahr 2017.

Demnach glaubt der Bergbauexperte, dass Donald Trump die US-Wirtschaft positiv beeinflussen wird. Daher rechnet er damit, dass Gold besonders in den USA zu kämpfen haben wird. In den ersten Monaten der Präsidentschaft Trumps sollte es zu keinen großen Preisbewegungen kommen. In anderen Ländern könnte der Preis des gelben Metalls allerdings steigen, da sie Währungen an Wert verlieren.


http://www.goldseiten.de/artikel/313772--Rob-McEwens-Erwartu…

[bigyawn]

McEwen Mining produces 145,530 oz AuEq in 2016

2017-01-16 07:50 ET - News Release

Mr. Rob McEwen reports

MCEWEN MINING REPORTS 2016 FULL YEAR AND Q4 PRODUCTION RESULTS

McEwen Mining Inc.'s annual consolidated production in 2016 was 145,530 gold-equivalent ounces (1) using a gold-to-silver ratio of 75:1, or 101,482 gold ounces and 3,303,709 silver ounces.



2016 Consolidated Production Summary

Guidance 2016 Q1 Q2 Q3 Q4
Gold ounces 99,500 101,482 28,975 27,888 24,281 20,337
Silver ounces 3,337,000 3,303,709 673,767 875,006 916,168 838,768
Gold Eq. ounces 144,000 145,530 37,958 39,555 36,496 31,521





Highlights

Achieved gold and silver production in-line with guidance from our two producing mines.

Doubled liquid assets during the year to $64 million(2) in cash, cash equivalents and precious metals, and no debt.

3rd semi-annual return of capital of one-half cent per common share will be paid on February 14th, 2017 to shareholders of record as of the close of business on February 3rd, 2017.

El Gallo Mine, Mexico

Production in 2016 was 55,266 gold equivalent ounces, compared to 63,366 gold equivalent ounces in 2015. Our production guidance for the year was slightly exceeded and the mine performed well despite lower ore grades mined and processed relative to 2015.

In Q4, the mine produced 7,676 gold equivalent ounces, compared to 11,092 gold equivalent ounces during same period in 2015. Production in Q4 was lower as a result of mining and processing lower ore grades during the quarter.

San Jose Mine, Argentina (49% (3) )

Our attributable production from San Jose in 2016 was 46,553 gold ounces and 3,278,373 silver ounces, for a total of 90,264 gold equivalent ounces. Compared to 2015, silver production levels were maintained and gold production was down 2%.

In Q4, attributable production was 12,714 gold ounces and 834,846 silver ounces, for a total of 23,845 gold equivalent ounces.

Return of Capital

Our third semi-annual return of capital of one-half cent per share will be paid on February 14th, 2017 to shareholders of record as of the close of business on February 3rd, 2017. It will be paid to common shareholders of McEwen Mining Inc. from additional paid-in capital. For shareholders in the US and Canada, return of capital is generally not taxed, however we advise you to obtain advice from a tax professional familiar with your specific situation.

Financial Results

Operating costs for the quarter ended December 31, 2016 will be released with our 10-K Annual Financial Statements in late February 2017. As at December 31, 2016 we have no debt and liquid assets of $64 million composed of $36 million in cash, $21 million in precious metals, and $7 million in marketable securities. We have not issued equity to finance our operations since completing a rights issue in 2013, and we have preserved our leverage to higher gold and silver prices by not encumbering our assets with royalties, metal streams or hedges.

Footnotes:

'Gold Equivalent Ounces' are calculated based on a 75:1 gold to silver ratio.

Figures updated as of December 31, 2016.

The San Jose Mine is 49% owned by McEwen Mining Inc. and 51% owned and operated by Hochschild Mining plc.

ABOUT MCEWEN MINING

McEwen Mining has an ambitious goal of qualifying for inclusion in the S&P 500 Index by creating a high growth gold and silver producer focused in the Americas. McEwen Mining's principal assets consist of the San Jose Mine in Santa Cruz, Argentina (49% interest), the El Gallo Mine and El Gallo Silver project in Sinaloa, Mexico, the Gold Bar project in Nevada, USA, and the Los Azules copper project in San Juan, Argentina.

TECHNICAL INFORMATION

The technical contents of this news release has been reviewed and approved by Nathan M. Stubina, Ph.D., P.Eng., FCIM, Managing Director and a Qualified Person as defined by Canadian Securities Administrator National Instrument 43-101 "Standards of Disclosure for Mineral Projects".

We seek Safe Harbor.

© 2017 Canjex Publishing Ltd. All rights reserved.

[boersentrader02]

Am 14. Februar 2017 wird die Dividende von MUX gezahlt an alle Aktionäre die am 3.2.17

noch in diesem Wert invesziert waren.

McEwen Mining Inc. Declares Semiannual Dividend of $0.01 (MUX)

Posted by Renata Jones on Jan 20th, 2017 // No Comments

McEwen Mining logoMcEwen Mining Inc. (NYSE:MUX) (TSE:MUX) announced a semiannual dividend on Thursday, January 19th. Stockholders of record on Friday, February 3rd will be paid a dividend of 0.005 per share on Tuesday, February 14th. This represents a dividend yield of 0.26%. The ex-dividend date is Wednesday, February 1st.

Shares of McEwen Mining (NYSE:MUX) opened at 3.78 on Friday. The stock’s 50 day moving average price is $3.20 and its 200-day moving average price is $3.61. McEwen Mining has a 52 week low of $0.98 and a 52 week high of $4.92. The company has a market cap of $1.13 billion and a PE ratio of 108.00.

McEwen Mining (NYSE:MUX) last posted its quarterly earnings data on Thursday, November 3rd. The company reported $0.01 earnings per share for the quarter. McEwen Mining had a net margin of 17.41% and a return on equity of 3.36%. Analysts expect that McEwen Mining will post $0.10 EPS for the current year.


https://sportsperspectives.com/2017/01/20/mcewen-mining-inc-…

[Antarius]

Nur mal so zur Erinnerung und Erheiterung, was "Experten" so an "Prognosen" und einfach Unsinn von sich geben:
http://www.wallstreet-online.de/nachricht/9135012-mcewen-min…
McEwen Mining ist der Liebling der SPEKULANTEN!
Gastautor: Robert Sasse
30.11.2016

Liebe Leser, wer extreme Kursbewegungen liebt, der findet bei McEwen genau die richtige Aktie. Das Papier konnte sich in der Vergangenheit schon innerhalb von Monaten um 600 Prozent im Wert steigern. Dass derart heftige Gewinne kein Garant für die langfristige Entwicklung sind, zeigen aber Korrekturen, die sich auf einem ähnlichen Niveau abspielen. Momentan befindet sich McEwen in einer eher ruhigen Phase, doch der nächste Paukenschlag dürfte nur eine Frage der Zeit sein. In welche Richtung geht es mit der Aktie jetzt? Weiter im Abwärtskanal! Aktuell befindet sich McEwen Mining noch immer in einer Phase der Korrektur, die jetzt schon seit Monaten anhält. In den letzten 12 Wochen belaufen die Kursverluste sich auf satte 25 Prozent. Mit sinkenden Rohstoffpreisen ist nicht davon auszugehen, dass sich an dieser Lage allzu schnell etwas ändert. Erst heute fällt der Goldpreis unter die Marke von 1.180 USD, was alles andere als gute Signale an Anleger von Rohstoffaktien sendet. Es ist deshalb nur zu empfehlen, sich von McEwen Mining festzuhalten, wenn man nicht gerade ein hochspekulativer Anleger ist, der über starke Nerven verfügt und sich im Zweifel über hohe Verluste nicht allzu sehr ärgert.
...
"Es ist deshalb nur zu empfehlen, sich von McEwen Mining festzuhalten, ...

da hat er sich wohl auch noch in der Eile seines Dahingeschmieres verschrieben:
"sich von McEwen Mining festzuhalten"
soll wohl heißen "sich .. zu trennen"

geschrieben am 30.11.2016, da stand der Aktienkurs bei :
2,83 us$
jetzt bei:
3,95 us$

= + 1,12 us$
= ca. + 40%!

[orofino1]

Antwort auf Beitrag Nr.: 54.159.863 von Antarius am 25.01.17 10:45:53

fernzuhalten

[krystallos]

Antwort auf Beitrag Nr.: 54.164.285 von orofino1 am 25.01.17 17:13:09

... wer sich etwas eingehender mit dieser Firma befasst stellt bald fest das hier nichts von "fernhalten " zu reden ist, genau das Gegenteil ist doch der Fall. Die Firma steht sehr gut da und wächst, gehört zu den Topinvestments im Gold/Silbersektor. Aber entscheiden soll ja jeder wie er meint...

[boersentrader02]

Jetzt hat Rob es geschafft, er wird in Canada unvergesslich sein und werden durch die Aufstellung in die

. . . Canadian Mining Hall of Fame.

Rob McEwen ist eine Legende in Canada und ich wünsche ihm, das es ihn nochmal gelingen wird, ein ähnliches Unternehen zu bauen.

Warum sollte es nicht gelingen, ich gehe davon aus, das wir alle gemeinsam auf einen guten Weg sind.


Rob McEwen inducted into Canadian Mining Hall of Fame
Andrew Topf | a day ago | 775 | 0

"“He is a strategic thinker – the consummate chess player – whose every move is calculated and well ahead of his opponents”: Michael Wekerle, chairman and co-founder of Difference Capital, on Rob McEwen"

Legendary mine developer Rob McEwen has been recognized for his accomplishments in Canadian mining through an induction into the hallowed corridors of the Canadian Mining Hall of Fame.

The Goldcorp (NYSE:GG, TSX:G) founder was recognized at a gala dinner this past month in Toronto – an annual event that celebrates men and women whose contributions to the country's mining industry have been particularly impactful.

“Rob is a man of rare talents, he is a natural innovator with a keen business mind,” Michael Wekerle, chairman and co-founder of Difference Capital, was quoted saying in TimminsToday – where Goldcorp continues to be one of the mining town's largest employers. “He is a strategic thinker – the consummate chess player – whose every move is calculated and well ahead of his opponents.”

In a video, McEwen said his father Donald was his life's inspiration. Told by doctors that he would never walk again after returning from the Second World War in an iron lung, Donald McEwen refused to accept their diagnosis and regained the use of his legs.

“Today, I look at challenges and obstacles I face and say this seems to pale compared to what my dad faced,” McEwen said in the video honouring his induction into the Hall of Fame. His father also inspired his son to become an avid investor, with Rob buying his first stock at the tender age of 12.

McEwen's story is well known to those who follow mining, but for those wanting a refresher, here it is again, reprised by the Canadian Mining Hall of Fame:

He is best known for transforming Goldcorp Inc. from a holding company into a global gold-mining powerhouse and revitalizing Ontario’s Red Lake gold mine through the discovery of new high-grade resources at depth. His famous “Goldcorp Challenge” in 2000, which provided open access to 50 years of proprietary geological data from Red Lake and offered prizes to anyone who could find the next six million ounces of gold, created an estimated $6 billion of value from subsequent discoveries.

McEwen is also an astute investor and corporate strategist, as demonstrated by Goldcorp’s friendly merger with Wheaton River Minerals in 2005. Goldcorp shares tripled in the next 14 months as it grew through a series of mergers into one of the world’s largest gold producers. He went on to build a new flagship, McEwen Mining, while supporting many worthy causes through donations totalling more than $50 million to date.

Born and raised in Toronto, McEwen worked at his father’s investment firm after earning a B.A. from the University of Western Ontario in 1973, followed by an MBA from York University in 1978. In the 1980s, he took the reins of Goldcorp, then a gold fund, and managed its investment portfolio. In 1989, he led Goldcorp’s acquisition of Dickinson Mines and its aging and capital-starved gold mine in the famous Red Lake camp, and began building an operating company.

His faith in the mine’s untapped potential was rewarded after a $10-million exploration led to a high-grade discovery in the mid-1990s. In a brilliant move, he created the “Goldcorp Challenge” and placed the mine’s geological data since 1948 on the internet and offered $575,000 in prizes for the best exploration concepts. More than 1,000 participants from 80 countries took part, resulting in more than 50 new targets, 80% of which yielded total gold resources valued at $6 billion. The Red Lake mine was transformed from a 50,000-ounce producer in 1997 to a 500,000-ounce producer in 2001, while cash costs fell from $360 per ounce to $60 per ounce over this period.

Goldcorp went on to become a star performer, with its share price appreciating at a compound annual rate of 31% between 1993 and 2004. McEwen stepped down from Goldcorp after its high-profile $2.4-billion merger with Wheaton River to focus on junior mining. After acquiring U.S. Gold and expanding its assets, he merged the junior with Minera Andes to create McEwen Mining, a gold, silver and copper producer with projects in Nevada, Mexico and Argentina.

As a philanthropist, McEwen has donated more than $50 million to encourage excellence, innovation and leadership in healthcare and education. He also contributed to the Red Lake Margaret Cochenour Memorial Hospital, the Red Lake Regional Heritage Centre, St. Andrews College Leadership Program, Rumie Initiative and most recently the McEwen School of Architecture at Laurentian University. In addition to an honorary degree from York University, McEwen has received many accolades for his achievements, including Developer of the Year for 2001, Mining Man of the Year for 2002, Most Innovative CEO in 2006, and the Order of Canada in 2007.

http://www.mining.com/rob-mcewen-inducted-into-canadian-mini…" target="_blank" rel="nofollow ugc noopener">
http://www.mining.com/rob-mcewen-inducted-into-canadian-mini…

[boersentrader02]

Es gibt eine Menge von Leuten die in der letzten Zeit Aktien von McEwen Mining gekauft haben.

Sollen die alle falsch liegen ?




McEwen Mining Inc. (MUX) Given Average Rating of “Strong Buy” by Brokerages

Posted by Brent Sawyer on Jan 31st, 2017 // No Comments

McEwen Mining logo Shares of McEwen Mining Inc. (NYSE:MUX) (TSE:MUX) have been assigned an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation.

Brokers have set a one year consensus price target of $5.00 for the company, according to Zacks. Zacks has also given McEwen Mining an industry rank of 36 out of 265 based on the ratings given to its competitors.

Separately, Zacks Investment Research lowered McEwen Mining from a “buy” rating to a “hold” rating in a report on Thursday, January 5th.

McEwen Mining (NYSE:MUX) opened at 3.85 on Thursday. The firm has a market capitalization of $1.15 billion and a price-to-earnings ratio of 110.00. McEwen Mining has a 1-year low of $1.30 and a 1-year high of $4.92. The firm’s 50-day moving average price is $3.38 and its 200 day moving average price is $3.57.

McEwen Mining (NYSE:MUX) last posted its earnings results on Thursday, November 3rd. The company reported $0.01 earnings per share for the quarter. McEwen Mining had a return on equity of 3.36% and a net margin of 17.41%. On average, analysts predict that McEwen Mining will post $0.10 EPS for the current year.

The firm also recently announced a semiannual dividend, which will be paid on Tuesday, February 14th. Investors of record on Friday, February 3rd will be issued a dividend of $0.005 per share. This represents a dividend yield of 0.26%. The ex-dividend date of this dividend is Wednesday, February 1st. McEwen Mining’s payout ratio is presently 33.34%.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Connor Clark & Lunn Investment Management Ltd. increased its stake in McEwen Mining by 4.9% in the third quarter.
Connor Clark & Lunn Investment Management Ltd. now owns 62,075 shares of the company’s stock valued at $228,000 after buying an additional 2,900 shares during the period.

Jane Street Group LLC increased its stake in McEwen Mining by 34.5% in the third quarter. Jane Street Group LLC now owns 1,184,713 shares of the company’s stock valued at $4,348,000 after buying an additional 303,941 shares during the period.

OLD Mission Capital LLC purchased a new stake in McEwen Mining during the third quarter valued at about $331,000.

Morgan Stanley increased its stake in McEwen Mining by 254.1% in the third quarter. Morgan Stanley now owns 283,217 shares of the company’s stock valued at $1,040,000 after buying an additional 203,244 shares during the period.

Finally, Suntrust Banks Inc. purchased a new stake in McEwen Mining during the third quarter valued at about $124,000. 33.68% of the stock is currently owned by institutional investors and hedge funds.


https://sportsperspectives.com/2017/01/31/mcewen-mining-inc-…

[boersentrader02]

McEwen Mining Shines Bright
Feb. 1, 2017 8:58 AM ET|
5 comments|

Summary

CEO knows how to make money for shareholders.

Currencies are being devalued across the globe.

San Jose mine spins off $13 million in dividends.

Rob McEwen is not your typical CEO. After a highly successful tenure as founder of Goldcorp (NYSE:GG), he launched McEwen mining (NYSE:MUX) and is banking on a robust stock price move, since he commands a paltry salary of only $1 per year.

Mr. McEwen wants his management decisions to align with his stockholders as he owns a substantial 25% of McEwen stock. With 300 million shares outstanding and the stock trading just shy of $4.00 per share, this is a $1.23 billion company.

Argentina has dramatically improved the financial fortunes of the company's 49% owned San Jose mine, by cutting onerous taxes that had driven miners out of their country. 51% owner Hochschild mining has delivered $13 million in dividends to McEwen Mining- through the first 3 quarters of 2016, with expectations of more to come. Hochschild has been cutting mining costs and the lifting of capital controls by Argentina President Macri has allowed the free market to properly devalue the peso currency. Mining costs have plunged alongside the weaker peso and new investment and exploration should lead to an expansion of gold and silver production.

The great Fidelity Magellan Fund Manager Peter Lynch stated that small company stocks make big price moves and large companies tend to make smaller moves. This fact is very applicable to the mining industry for those small companies that have strong balance sheets. McEwen Mining holds $62 million in cash, precious metals, and liquid securities and 0 debt through September 2016.

The 100% owned El Gallo mine in Mexico is also seeing a sharp decline of all in cash costs to $680 per ounce of gold equivalent (gold and silver converted to gold). The Mexican peso has devalued sharply and mining production costs have fallen accordingly. Gold price is hovering around $1,200 per ounce, but McEwen sees a potential high price of $5,000 in the next few years. Silver price has risen from an average of $14.86 in early 2016 to $17.50 per ounce amid continued reports of strong physical demand from both investors and industry.

McEwen is looking to propel the company into the S&P 500 stock index, through additional acquisitions or mergers. The deal has to be "good" for his stockholders as he is the largest one. One of the requirements of the S&P 500 is that the company must be based in the United States, and McEwen Mining was incorporated in Colorado. There is only one miner currently listed in the index, so the next miner to join-will experience some heavy share purchases and the stock price will jump higher.

Fiat paper money currency continues to be devalued as the central banks seem to believe that printing more paper currency will remedy weak economic conditions. There are huge debt problems in the United States and China, and paper currency inflation is only creating havoc across economic markets everywhere. India has confiscated paper money and China continues to attempt to control capital outflow. Venezuela is experiencing crippling inflation of 122% in 2015 and 546% in 2016 (CIA report) and the United States is vastly understating inflation when it excludes the crushing rise in healthcare costs from the failed Affordable Care Act. As citizens experience loss of paper currency purchasing power, they will continue to purchase hard assets, including silver and gold. China and Russia central banks continue to purchase gold, possibly as a prelude to backing a more stable currency. Noted silver metal analyst Ted Butler reports that JP Morgan has accumulated 80 million ounces of silver in their COMEX warehouse.

The reported manipulation of silver prices by Deutsche Bank among many others has set up a bullish scenario for miners who maintained their fiscal discipline during the period of price suppression. The suppressed price has shut down mining production because its arbitrary price was pushed below the cost of producing the precious metal. The stronger surviving miners such as McEwen, are now in a position to capitalize on these rebounding gold and silver prices. New miners will try to move in to production mode, but it takes time to do so. Rising demand and limited supply creates rising profits.

McEwen mining has not hedged any of its gold, silver, nor copper production and therefore will make large moves in the direction of precious metal prices. The company is funding capital expenditures from cash flow and those huge dividends from San Jose mine do not show in the quarterly earnings figure. This accounting method seems to vastly understate the rising value of this miner. $13 million dividend is a large figure that cannot be ignored. There are more of these dividends that will arrive in 2017 if gold and silver prices continue to move higher.

Disclosure: I am/we are long MUX.

I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.


http://seekingalpha.com/article/4041408-mcewen-mining-shines…

[boersentrader02]

Hier ist ein Überblick über die Investoren die sich in den letzten Monaten 2016 an McEwen Mining . . .

. . . . teilweise richtig "dick" eingekauft haben.

Das bedeuted für mich McEwen Mining ist zu diesen Preisen immer noch ein Schnäppchen.


The McEwen Mining Inc. (MUX) Position Boosted by Oppenheimer & Close LLC
February 2, 2017 Jamie Williams
The McEwen Mining Inc. (MUX) Position Boosted by Oppenheimer & Close LLC

Oppenheimer & Close LLC increased its stake in McEwen Mining Inc. (NYSE:MUX) (TSE:MUX) by 0.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 533,500 shares of the company’s stock after buying an additional 5,000 shares during the period. McEwen Mining comprises 1.9% of Oppenheimer & Close LLC’s holdings, making the stock its 14th largest position. Oppenheimer & Close LLC’s holdings in McEwen Mining were worth $1,957,000 as of its most recent filing with the SEC.

Other institutional investors also recently added to or reduced their stakes in the company. Bank of Montreal Can raised its position in McEwen Mining by 18.5% in the third quarter. Bank of Montreal Can now owns 1,477,015 shares of the company’s stock valued at $5,421,000 after buying an additional 230,246 shares during the period. Alps Advisors Inc. bought a new position in McEwen Mining during the third quarter valued at approximately $4,629,000. Teacher Retirement System of Texas raised its position in McEwen Mining by 16.4% in the second quarter.

Teacher Retirement System of Texas now owns 31,850 shares of the company’s stock valued at $123,000 after buying an additional 4,483 shares during the period. Sprott Inc. bought a new position in McEwen Mining during the third quarter valued at approximately $2,576,000. Finally, Spot Trading L.L.C raised its position in McEwen Mining by 104.3% in the second quarter. Spot Trading L.L.C now owns 35,552 shares of the company’s stock valued at $137,000 after buying an additional 18,152 shares during the period. 33.68% of the stock is currently owned by hedge funds and other institutional investors.

McEwen Mining Inc. (NYSE:MUX) opened at 3.85 on Tuesday. The firm has a market capitalization of $1.15 billion and a price-to-earnings ratio of 110.00. The firm has a 50 day moving average price of $3.38 and a 200-day moving average price of $3.57. McEwen Mining Inc. has a 12 month low of $1.30 and a 12 month high of $4.92.

McEwen Mining (NYSE:MUX) last announced its quarterly earnings data on Thursday, November 3rd. The company reported $0.01 earnings per share (EPS) for the quarter. McEwen Mining had a return on equity of 3.36% and a net margin of 17.41%. On average, equities analysts forecast that McEwen Mining Inc. will post $0.10 EPS for the current year.

The firm also recently disclosed a semiannual dividend, which will be paid on Tuesday, February 14th. Investors of record on Friday, February 3rd will be paid a $0.005 dividend. This represents a yield of 0.26%. The ex-dividend date of this dividend is Wednesday, February 1st. McEwen Mining’s dividend payout ratio is currently 33.34%.

Separately, Zacks Investment Research lowered McEwen Mining from a “buy” rating to a “hold” rating in a research report on Thursday, October 6th.

http://dailyquint.com/2017-02-02-mcewen-mining-inc-mux-posit…

[Antarius]

Why McEwen Mining Inc. Stock Rallied 21% in January

Why McEwen Mining Inc. Stock Rallied 21% in January

Gold and silver miner McEwen Mining benefited from a precious-metals rally and solid production results in January
Reuben Gregg Brewer
(TMFReubenGBrewer)
Feb 7, 2017 at 9:05AM
What happened

Shares of McEwen Mining Inc. (NYSE:MUX) moved 21% higher last month. That follows a gain of nearly 175% in 2016. However, January's gain represents something of a performance reversal. Indeed, investors watched McEwen stock rally more than 325% by mid-2016 only to see those gains fall away through the second half. With one month down in 2017, commodity prices are again pushing the stock higher.
So what

Gold prices rose around 5% last month, with silver advancing a bit more, at nearly 8%. That was a clear positive for McEwen's stock price. Although precious-metals prices are likely to have an outsize impact on the miner's share price, there was more going on than just a silver and gold move last month.

For example, on Jan. 16, McEwen announced that it produced roughly 145,500 gold equivalent ounces in 2016. That metric puts gold and silver production on equal footing, and it also beat the company's internal production forecast of 144,000 ounces. So the company was able to exceed a key guidance target, which is a clear positive.

However, that release also noted that during the year, McEwen doubled its liquid assets -- made up of cash, marketable securities, and precious metals -- to $64 million. And it continues to have no debt on the balance sheet. In other words, it's in pristine financial health, with cash to invest back into two development projects it's working on -- Gold Bar and El Gallo Silver.

[

Now what

McEwen is a small precious-metals miner, but it's financially solid and successfully meeting the public goals it sets for itself. More important, it's benefiting from rising precious-metals prices at a point when it's working on the key growth projects that will underpin its future. There's a lot to like about McEwen from a fundamental point of view. Still, gold and silver prices will continue have an outsize impact on performance. Just don't let that distract you from the work being done to build a foundation for the future.

Reuben Brewer has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

----------------

[cervical]

McEwen: Freundliche Übernahme von Lexam VG Gold

McEwen Mining Inc. und Lexam VG Gold Inc. meldeten soeben eine Vereinbarung, wonach McEwen sämtliche ausgegebenen und ausstehenden Wertpapiere von Lexam übernehmen wird. Lexam würde bei Zustandekommen der Transaktion zu einem zu 100% eigenen Tochterunternehmen von McEwen werden.

Gemäß Vereinbarung würden die Aktionäre von Lexam, sofern sie der Übernahme zustimmen, pro Lexam-Stammaktie 0,056 einer McEwen-Aktie erhalten.


MinenPortal

[NextUrigeller]

Antwort auf Beitrag Nr.: 54.306.980 von cervical am 13.02.17 14:20:00

Man beachte das Logo von Lexam Gold

http://www.lexamvggold.com/index.php



Chairman von Lexam ist niemand geringerer als Rob McEwen der nicht weniger als 27% des Unternehmens hält... Habe ich da was verpasst???

Auf jedenfall wird so der Deal zu einem für beide Seiten fairen Preis abgewickelt, so hoffe ich. Der Preis kommt rechnerisch auf rund CAD 0.31 was unter dem letzten Hoch von Lexam liegt.

Ohne tiefer zu graben würde ich vom Schiff aus sagen: Daumen hoch (nur meine Meinung).

[branigan]

Der Kurs gibt nicht nach. Das ist sehr positiv zu werten. Sonst wurde der Übernehmende erstmal abgestraft.

[boersentrader02]

Zacks estimated an EPS of $1 for McEwen Mining Inc. (NYSE:MUX)
By Koko Saunders -
February 13, 2017 38

Unten habe ich einen Auszug aus der heutigen News von der Newspaper: topchronicle.com zur Info eingestellt.
Danach hat der Direktor von Lexam, Richard W. Brissenden - Director
Mr. Brissenden is a Chartered Professional Accountant (Ontario) (Diesen Texthabe ich von der Management-Seite bei Lexam genommen und hier eingestellt) bereits im Dezember 2016 Aktien von McEwen Mining gekauft.

https://topchronicle.com/zacks-estimated-an-eps-of-1-for-mce…

The latest Insider trade was made on 14 Dec 2016 where Brissenden (Richard William) Director did a transaction type “Sell” in which 5000 shares were traded at a price of $2.75. Another insider trade includes Director Brissenden (Richard William) who also initiated a transaction in which 25000 shares were traded on 13 Dec 2016 as “Buy”.

[boersentrader02]

Ob Rob Mc Ewen vielleicht auch ein Auge auf West Red Lake Gold Mines (WKN A1J0MZ / CSE RLG) werfen könnte ?

Erst einmal muss McEwen Mining die Company LEXAM VG, die ja ebenfalls in dem Timmins Gebiet zu Hause, ins eigene Unternehmen integrieren. Aber das wird wohl nicht schwer werden, zumal hier Rob Mc Ewen, mit einem über 25 %-igen Anteil, der größte Aktionär von LEXAM VG ist.

Wenn er sich dann weiter in diesem edelmetallträchtigen Gebiet umschauen wird, könnte er eventuell ein Auge auf West Red Lake Gold Mines werfen und Interesse daran finden, auch dieses Unternehmen unter seine Fittiche zu nehmen, natürlich nur vielleicht ?

West Red Lake Gold Mines besitzt im West Red Lake Project 3100 hectarelocated in the prolific Red Lake Gold District, Northwestern Ontario, Canada and is planned to begin during the last week of January 2017 with the exploration drilling. West Red Lake Gold Mines wird in den nächsten Wochen die neuen Bohrergebnisse veröffentlichen und sollten die entsprechend ausfallen könnte es schon vielleicht dazu kommen, vielleicht ?

Dann könnte es zu einem Käuferwettbewerb mit Goldcorp kommen, die bereits mit ca. 40 % an West Red Lake Gold Mines beteiligt sind.

Warten wir auf die Ergebnisse, die ja wohl bald von WRLG veröffentlicht werden.

Klar, es wird noch etwas mehr an Zeit brauchen bis es soweit kommen sollte. Erst einmal muss McEwen Mining die gerade übernommen Company LEXAM VG, die ebenfalls in diesem Gebiet zu Hause sind, ins eigene Unternehmen integrieren.

Aber das wird wohl nicht sehr schwer sein, zumal hier Rob Mc Ewen mit über 25 % der größte Aktionär von LEXAM VG ist.

Warten wir ab, was in den nächsten Monaten mit diesen 3 Unternehmen passoeren wird ?


Hier ist ein neuer Bericht von Goldinvest der über den Übernahme-Deal von MCEWEN MINING und LEXAM VG der heute veröffentlicht worden ist.




Erfolgsgeschichte

West Red Lake Gold Mines – Was der Deal zwischen Lexam und McEwen bedeutet
Geschrieben von Redaktion • 14. Februar 2017

Nur auf den ersten Blick hat die folgende Nachricht nichts mit West Red Lake Gold Mines (WKN A1J0MZ / CSE RLG) zu tun: McEwen Mining übernimmt in einem Aktiendeal sämtliche Anteile an Lexam VG Gold Inc. Lexams Aktionäre werden knapp 12,69 Millionen McEwen-Aktien erhalten, insgesamt hat der Deal rechnerisch einen Wert von mehr als 53 Millionen Dollar, basierend auf dem McEwen-Schlusskurs vor Bekanntgabe des Deals.

http://www.goldinvest.de/?p=35412" target="_blank" rel="nofollow ugc noopener">http://www.goldinvest.de/?p=35412

[Antarius]

[boersentrader02]

Soll der Ausblick so schlecht sein, dass der Kurs so abschmieren mußte ? Ich weiß nicht, die Zahlen wurden

doch schon seit Monatenin dieser Höhe genannt.



McEwen Mining's (MUX) CEO Rob McEwen on Q4 2016 Results - Earnings Call Transcript
Mar. 2, 2017 5:40 PM ET|
6 comments|
About: McEwen Mining Inc. (MUX)


McEwen Mining Inc. (NYSE:MUX)
Q4 2016 Earnings Conference Call

March 2, 2017 11:00 A.M. ET

Executives
Rob McEwen - Chief Owner

Andrew Elinesky - Chief Financial Officer
Xavier Ochoa - President

Analysts
Stewart Bailey - Bailey & Company

Operator

Good morning, ladies and gentlemen and welcome to the McEwen Mining Full-Year and Q4 Financial Results Conference Call. I would now like to turn the meeting over to Mr. Rob McEwen, Chief Owner. Please go ahead, Mr. McEwen.

Rob McEwen

Thank you, operator. Good morning, fellow shareholders, ladies and gentlemen. Today, we’re going to discuss our 2016 financial and operating results and provide you with our outlook for 2017. Andrew Elinesky, our Chief Financial Officer will review our 2016 financial performance and then Xavier Ochoa, our President will review last year’s operation and then discuss, what we have planned for this year.

Before I asked them to present, I’d like to make several comments. I was very pleased with our performance in 2016 for several reasons. First, we significantly improved our financial strength. Our treasury doubled in size, and now stands at $55 million. I want to emphasize that this growth in the treasury was achieved from operations. It was not the result of a debt or equity financing or a sale of metal streams or royalties.

Second, the change in government in Argentina who are pro-business pro-form investment administration, coupled with improved gold silver and copper prices has definitely increased the value and contribution of these assets in our portfolio. Third, we added significant depth to our senior management in areas of project management, construction, and underground and open pit operations.

These additions were done in preparation for our next phase of growth, which we are now entering. This phase of growth includes new production coming on stream in Nevada, and a change in the ore type in Mexico, and the belief that the exploration potential there is greater than originally envisioned.

I’d now like to ask Andrew to tell you about our financial performance in 2016.

Andrew Elinesky

Thank you very much Rob, and thank you to everyone else for joining us today. I am pleased to report the company had another solid performance in the fourth quarter to allow us to finish out a strong year. Firstly, each operation at the annual guidance for the production of gold silver ounces, while we also beat our annual guidance for both cash and all sustaining cost per ounce.

Secondly, the company swung to an annual net income of $21 million or $0.07 per share. And as a result of this performance, we’ve grown our working capital and treasury balances as Rob said, and ended the year significantly higher with $59 million in liquid assets and no debts.

On a consolidated basis, the gold equivalent production for the year came in at just over 145,000 ounces, which was just slightly above our guidance of 144,000 gold equivalent ounces. Before moving on to the cost per ounce discussions, I’d like to point out that going forward the company will start providing guidance and results as you have seen in our press release yesterday, for this metric. It’s going to be reported on the per-operation basis instead of the consolidated basis.

So with regards to those cash costs, both of our operations exceeded our improved guidance as opposed to our original guidance by over $20 per gold equivalent ounce, along sustaining cost of both sides were both comfortably under guidance as well. As a result of these decreased costs and higher gold and silver prices our earnings from mine operations increased by 23% to just over $64 million, when compared to 2015.

As mentioned, this performance for both of our mines was obviously reflected in our improved Treasury balance. As he said, we ended the year with just under $59 million, which compares to the ending balance of the end of 2016 of $32 million, plus $3 million in debt that we were caring at that time. This balance is now - as of the 27th of February it is just over $55 million.

Den Rest der öffentlichten Präsentation findet ihr hier unter diesem Link: (bt02)

http://seekingalpha.com/article/4051669-mcewen-minings-mux-c…

[boersentrader02]

Diese Analyse ist wohl der Grund, dass die Akktie in der USA heute abschmiert. Sie ist zu teuer.

McEwen Mining Inc. Releases 2016 results
GuruFocus.com
March 5, 2017

- By Alberto Abaterusso

McEwen Mining Inc. (MUX) reported 2016 results this week. The Canadian gold and silver producer headquartered in Toronto closed the fiscal year 2016 with EPS of 7 cents (U.S. dollars), a 200% increase on a year-over-year basis. In 2015 the company reported a loss of 7 cents.


http://finance.yahoo.com/news/mcewen-mining-inc-releases-201…

[boersentrader02]

!

Dieser Beitrag wurde vom System automatisch gesperrt. Bei Fragen wenden Sie sich bitte an [e-mail]

[boersentrader02]

!

Dieser Beitrag wurde vom System automatisch gesperrt. Bei Fragen wenden Sie sich bitte an [e-mail]

[freddy1989]

PDAC 2017 Presentation von MC Ewen Mining

https://www.youtube.com/watch?v=TL7C3VSrRDw

https://www.youtube.com/watch?v=yKwHLne3ulk

[boersentrader02]

Viele Aktionäre habe ihr Depot erhöht und andere Investoren sind stark in MUX neu eingestiegen.

https://sportsperspectives.com/2017/03/27/mcewen-mining-inc-…

McEwen Mining Inc (MUX) Given $5.00 Average Target Price by Brokerages


McEwen Mining Inc (NYSE:MUX) (TSE:MUX) has earned a consensus broker rating score of 0.00 () from the one brokers that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy recommendation.

Brokers have set a 12-month consensus price objective of $5.00 for the company, according to Zacks. Zacks has also assigned McEwen Mining an industry rank of 69 out of 265 based on the ratings given to its competitors.

Separately, Zacks Investment Research upgraded McEwen Mining from a “hold” rating to a “buy” rating and set a $3.50 target price for the company in a research report on Thursday, December 15th.

McEwen Mining (NYSE:MUX) opened at 3.11 on Monday. McEwen Mining has a 12-month low of $1.80 and a 12-month high of $4.92. The company has a market cap of $931.66 million, a PE ratio of 44.43 and a beta of -0.41. The stock’s 50 day moving average price is $3.57 and its 200 day moving average price is $3.42.

Several institutional investors have recently modified their holdings of MUX. Bank of Montreal Can increased its position in shares of McEwen Mining by 18.5% in the third quarter. Bank of Montreal Can now owns 1,477,015 shares of the company’s stock worth $5,421,000 after buying an additional 230,246 shares during the period. Alps Advisors Inc. bought a new position in shares of McEwen Mining during the third quarter worth about $4,629,000.

Oppenheimer & Close LLC increased its position in shares of McEwen Mining by 0.9% in the third quarter. Oppenheimer & Close LLC now owns 533,500 shares of the company’s stock worth $1,957,000 after buying an additional 5,000 shares during the period. Sprott Inc. bought a new position in shares of McEwen Mining during the third quarter worth about $2,576,000. Finally, Smith Moore & CO. bought a new position in shares of McEwen Mining during the fourth quarter worth about $196,000. Institutional investors own 33.73% of the company’s stock.

[boersentrader02]

Das ist der Hemmschuh mit dem Mc Ewen Mining sich momentan herumschlagen muss.

Das hemmt einfach den Kurs, erst wenn das wieder abgeschlossen ist und Lexam in die MUX übergegangen ist wird der <kurs wieder steigen.

Warte den 12 . April 2017 ab. Nach meiner Einschätzung wird sich der Kurs dann wieder erholen.


31.03.2017 | 00:25
(7 Leser)

Independent Proxy Advisory Firms Recommend Lexam Shareholders to Approve Plan of Arrangement With McEwen Mining
TORONTO, ONTARIO -- (Marketwired) -- 03/30/17 --

Lexam VG Gold Inc. ("Lexam", the "Company") (TSX: LEX)(FRANKFURT: VN3A)(OTCQX: LEXVF) announces that Institutional Shareholder Services Inc. ("ISS") and Glass, Lewis & Co. ("Glass Lewis"), leading independent proxy advisory firms, have each recommended that for the Special Meeting to be held on April 12, 2017 Lexam shareholders vote FOR the proposed transaction under which McEwen Mining Inc. ("McEwen Mining") can acquire all Lexam securities by way of Plan of Arrangement.

Information for the Special Meeting is available on our website at www.lexamvggold.com.

Lexam Shareholders, Here Is How You Can Vote:http://www.lexamvggold.com/pdfs/Voting_Instructions.pdf" target="_blank" rel="nofollow ugc noopener"> http://www.lexamvggold.com/pdfs/Voting_Instructions.pdf

For assistance with voting, please contact our proxy solicitation agent, Laurel Hill Advisory Group: North American Toll-Free: 1-877-452-7184, International Collect: 416-304-0211, [e-mail]

ISS and Glass Lewis Recommendations

ISS and Glass Lewis are independent proxy advisory firms which provide proxy voting recommendations to pension and mutual funds, investment managers and other institutional investors based on a careful review of disclosure materials.

In making its recommendation on the proposed transaction for Lexam and McEwen Mining, ISS advises:

"The proposed arrangement makes strategic sense given the adequate implied premium and the Company's limited financial position. Company shareholders will be able to continue to participate in the future growth opportunities by receiving shares of McEwen Mining which has a larger market capitalization and is a better established market player. Specifically, the acquirer's financial resources are expected to provide funding for development and construction of the Company's Timmins properties. Moreover, exposure to the acquirer's portfolio of producing and development assets would provide a better diversification to the Company's shareholders."

"Vote FOR this resolution based on the review of the terms of the transaction and, in particular, the adequate implied consideration premium, the ongoing concern risk facing the Company and the reasonable strategic rationale."

Glass Lewis also advises with respect to the proposed transaction:

"For Lexam, the proposed merger will enable it to gain access to McEwen Mining's technical and financial resources, which could help to accelerate the advancement of Lexam's mining projects to the production stage. The proposed merger should enable Lexam to benefit from the improved capital position of the combined company and eliminate some of the potential investor uncertainty regarding how Lexam would otherwise fund the development of its projects on a standalone basis. Further, by receiving stock consideration, Lexam shareholders will be able to participate in the potential future upside of a larger and more diversified mining firm."

"Based on these factors, the unanimous support of the Company's unaffiliated directors, and absent a superior competing offer, we believe that the proposed merger warrants shareholder support at this time. Accordingly, we recommend that shareholders vote FOR this proposal."

The full text of the resolution and the meeting materials have been mailed to Shareholders of record date March 9, 2017, together with all related voting materials. Information about the transaction is available in the press release dated February 13, 2017, at www.lexamvggold.com/news.php.

Contacts:
Lexam Office Contact
Toll Free: 1-866-441-0690

Questions about the information in the Circular:
Andrew Iaboni
Chief Financial Officer
647-258-0395 ext. 290

Questions and support:
Mihaela Iancu
Director, Corporate Administration
647-258-0395 ext. 320
[e-mail]

[meichel]

Lexam - Mcewen

Wer kann mir denn sagen, woher die Aktien kommen, die die früheren Lexam-Aktionäre eintauschen können ?

[krystallos]

Antwort auf Beitrag Nr.: 54.671.867 von meichel am 04.04.17 12:02:44

Offene zum kauf verfügbare MUX Aktien werden dazu hergenommen und getauscht 1000 Lex zu 56 Mux Stück.

[freddy1989]

Hallo Leute ich habe eben gerade diese Zahlen von Mcewen Mining gefunden ist ein KGV von 45 nicht sehr hoch? ich meine für einen Goldproduzenten oder seht ihr noch Luft nach oben.

Eröffnung 3,20
Marktkap.
955,48 Mio.
KGV
45,91

[Volatiler]

http://www.mining.com/gold-bull-mcewen-says-price-rally-has-…

[bigyawn]

McEwen Mining appoints Guerard as exploration SVP

2017-04-17 17:02 ET - News Release

Mr. Rob McEwen reports

MCEWEN MINING APPOINTS SYLVAIN GUERARD AS SENIOR VICE PRESIDENT EXPLORATION

McEwen Mining Inc. has appointed Sylvain Guerard as senior vice-president, exploration.

Mr. Guerard has over 25 years of experience in mineral exploration across four continents. The scope of his work has been wide ranging -- from generative to advanced-stage exploration. Prior to joining McEwen Mining, he spent seven years at Kinross, most recently serving as its senior vice-president, exploration, with responsibility for worldwide development and implementation of exploration strategy. Before Kinross, Mr. Guerard worked in exploration at Barrick for eight years, Inmet for six years and at two other firms.

"At McEwen Mining, we consider exploration essential R&D [research and development]. We believe that the discovery of new deposits or the reinvention of existing ones is the best method of creating value for our share owners. While I ran Goldcorp, the discovery and subsequent development of the high-grade zone at the Red Lake mine in Canada propelled the company's share price higher at a rate of 31 per cent compounded annually for 11 years. While that experience is an extreme example, it did make me a strong believer in the power of innovation and perseverance in the field of exploration. Sylvain is a global exploration expert whose experience will accelerate the drive to our S&P 500 goal," stated Rob McEwen, chief owner of McEwen Mining.

About McEwen Mining Inc.

McEwen Mining has the goal to qualify for inclusion in the S&P 500 Index by creating a high-growth gold and silver producer focused in the Americas. McEwen Mining's principal assets consist of the San Jose mine in Santa Cruz, Argentina (49-per-cent interest); the El Gallo mine and El Gallo silver project in Sinaloa, Mexico; the Gold Bar project in Nevada, United States; and the Los Azules copper project in San Juan, Argentina.

We seek Safe Harbor.

[bigyawn]

McEwen Mining produces 29,733 ounces AuEq in Q1

2017-04-18 17:12 ET - News Release

Ms. Mihaela Iancu reports

MCEWEN MINING REPORTS Q1 2017 PRODUCTION RESULTS

McEwen Mining Inc.'s consolidated production for first quarter 2017 was 20,096 gold ounces and 722,767 silver ounces, or 29,733 gold equivalent ounces (1), using a 75:1 gold-to-silver ratio.

Consolidated Production Summary

Q1 17 Q4 16 Q3 16 Q2 16 Q1 16

Gold ounces 20,096 20,337 24,281 27,888 28,975
Silver ounces 722,767 838,768 916,168 875,006 673,767
Gold Eq. ounces 29,733 31,521 36,496 39,555 37,958

Highlights

Achieved gold and silver production in-line with guidance from our two producing mines.
Strong balance sheet: No debt. $52 million(2) in cash, cash equivalents and precious metals. No sales of metal streams, royalties or hedges.
Paid our 4th semi-annual return of capital of one-half cent per common share on February 14th, 2017.

Gold Bar Project, Nevada -- Advancing Towards Construction

Permitting for the Gold Bar Project is advancing and remains on schedule to receive a Record of Decision in the third quarter of 2017. The Bureau of Land Management published the Draft Environmental Impact Statement (DEIS) in the Federal Register on March 3rd, 2017 and the 45-day public comment period is now closed for the DEIS. Comments received during the public comment period will be addressed and incorporated in the final Environmental Impact Statement.

San Jose Mine, Argentina (49%) -- Improving Production

Our attributable production from San Jose in Q1 was 10,366 gold ounces and 716,973 silver ounces, for a total of 19,925 gold equivalent ounces. Compared to the same period in 2016, silver and gold production were up 16% and 7% respectively.

El Gallo Mine, Mexico -- Grade to Increase in H2

Production in Q1 was 9,808 gold equivalent ounces, compared to 20,101 gold equivalent ounces during the same period in 2016. Production in Q1 was lower as a result of lower ore grades mined and processed during the quarter. The gold grade mined at El Gallo is projected to increase in the second half of 2017.

Financial Results

Operating costs for the quarter ended March 31, 2017 will be released with our 10-Q Quarterly Financial Statements in early May. As at March 31, 2017 we are debt-free with liquid assets of $52 million comprised of $28 million of cash, $8 million of precious metals, and $16 million of marketable securities. We have not issued equity to finance our operations since completing a rights issue in 2013, and we have preserved our leverage to higher gold and silver prices by not encumbering our assets with royalties, metal streams or hedges.

M&A - Lexam VG Gold Share Owners Accept Offer

The shareholders of Lexam VG Gold have approved, on April 12, 2017, the plan of arrangement with McEwen Mining, through which McEwen Mining would acquire all of the issued and outstanding shares of Lexam. The TSX has approved the arrangement and McEwen Mining is also applying for approval of the arrangement by the NYSE. Additionally, the transaction requires a final order of the Ontario Superior Court of Justice. A Notice of Application for the final order has been filed and is scheduled to be heard by the Court on April 19, 2017. Closing of the transaction is expected later this month, following receipt of the final court order and all regulatory approvals.

This transaction will provide McEwen Mining a strategic land holding in the important Timmins Gold district of Canada. Timmins is considered one of the major gold districts in the world. The properties being acquired host a large gold resource with a history of past production and interesting high grade gold intercepts.

Footnotes:

'Gold Equivalent Ounces' are calculated based on a 75:1 gold to silver ratio.

Figures updated as of April 17, 2017.

The San Jose Mine is 49% owned by McEwen Mining Inc. and 51% owned and operated by Hochschild Mining plc.

About McEwen Mining

McEwen Mining has the goal to qualify for inclusion in the S&P 500 Index by creating a high growth gold and silver producer focused in the Americas. McEwen Mining's principal assets consist of the San Jose Mine in Santa Cruz, Argentina (49% interest), the El Gallo Mine and El Gallo Silver project in Sinaloa, Mexico, the Gold Bar project in Nevada, USA, and the Los Azules copper project in San Juan, Argentina.

McEwen Mining has a total of 300 million shares outstanding. Rob McEwen, Chairman and Chief Owner, owns 25% of the Company.

Technical Information

The technical contents of this news release has been reviewed and approved by Nathan M. Stubina , Ph.D., P.Eng., FCIM, Managing Director and a Qualified Person as defined by Canadian Securities Administrators National Instrument 43-101 "Standards of Disclosure for Mineral Projects".

Minera Santa Cruz S.A., the owner of the San Jose Mine, is responsible for and has supplied to the Company all reported results from the San Jose Mine. McEwen Mining's joint venture partner, a subsidiary of Hochschild Mining plc, and its affiliates other than MSC do not accept responsibility for the use of project data or the adequacy or accuracy of this release.

We seek Safe Harbor.

© 2017 Canjex Publishing Ltd. All rights reserved.

[meichel]

MUX , S&P 500

http://www.reuters.com/article/us-mcewenmining-idUSKBN1852DB

[boersentrader02]

Hier ist die McEwen Mining 2017 First Quarter Financial Results Conference Call vom

4 Mai 2017, Etwas verspätete aber es ist noch nicht zu spät um das trotzdem durchzulesen.

Es ist schon interessant. Insgesamt sind dies 7 Seiten.




Q1: 05-04-17 Earnings Summary

10-Q
News

EPS of $-0.01 | Revenue of $ (+ NaN% Y/Y)

McEwen Mining Inc. (NYSE:MUX)

Q1 2017 Earnings Conference Call

May 04, 2017 11:00 AM ET

Executives

Rob McEwen - Chief Owner

Andrew Elinesky - CFO

Xavier Ochoa - President

Analysts

Shao Wang - Lotus Capital Partners

John Rast - Wheelhouse Securities

Operator

Good morning, ladies and gentlemen and welcome to the McEwen Mining 2017 First Quarter Financial Results Conference Call. At this time, all participants are in a listen-only mode. Later we will conduct a question-and-answer session and instructions will follow at that time.

I would now like to turn this meeting over to Mr. Rob McEwen, Chief Owner. Please go ahead, Mr. McEwen.

Rob McEwen

Thank you, operator. Good morning fellow shareowners and interested investors. We're pleased to have you join us today. During the first quarter of this year, we invested in our future growth and achieved a number of positive developments but this investment came at a cost. I'd like to start with the good.

First, financially we continue to be in good shape, our treasury is strong at 55 million and we remain debt free. In addition, we have not encumbered our future revenue by selling metal streams, royalties or hedging. Second, the San Jose Mine increased its gold production by 16% and silver production by 7% over the comparable period in 2016.

Third, we increased exploration and assessment work as Los Azules which has significantly advanced the project and we now have much better understanding of the capital, infrastructure and permitting requirements for a production decision.

Our goal is to advance this project to a point where it is a compelling joint venture for sale. Fourth, subsequent to the quarter, we acquired a strategic property package in one of the world's most famous gold district Timmins Canada. Fifth, the Gold Bar Mine permitting process is advancing towards approval that we expect in Q4 of this year. And sixth, we have continued adding to the depth of our management team with the addition of Sylvain Guerard, as Senior Vice President, Exploration.

Now for the bad. First, our El Gallo Mine produced less gold this quarter than the comparable period in '16 and that was due to lower gold grade. Second, exploration around the El Gallo mine has not yet found additional oxide resources but additional sulfide ounces have been discovered.

Third, production costs at both mines have increased. So the good so far is outweighing the bad. And here to give you more details is our CFO, Andrew Elinesky, and he will be followed by our President, Xavier Ochoa to give greater details. Andrew?


Den Rest der Konferenz findet ihr unter diesem Link:

https://seekingalpha.com/article/4070011-mcewen-minings-mux-…

[bigyawn]

Dines refreshes his buy of McEwen Mining

2017-05-15 18:27 ET - In the News

James Dines, writing in the May 5, 2017, issue of The Dines Letter, refreshes his buy of McEwen Mining Corp. at $3.67. He first recommended the stock on Jan. 4, 2017, at $4.45. An investment of $1,000 would now be worth $826. McEwen Mining is a conservative gold pick for patient investors, says the editor, who recommends holding the stock for several years. Mr. Dines says McEwen Mining revolves around its founder, Rob McEwen, who was inducted into The Mining Hall of Fame this past January. Mr. McEwen founded Goldcorp Inc. in the 1990s, and is known for his integrity and professional competence. After stepping away from Goldcorp, Mr. Dines says Mr. McEwen created McEwen Mining. The founder owns 25 per cent of McEwen Mining shares and takes only $1 a year in salary. The gold and silver miner has $28-million in cash, no debt and no hedges, royalties or metal streams. This, Mr. Dines says, preserves the company's leverage to rising gold and silver prices. The company pays a dividend of one cent semi-annually, and it aims to increase that as the company grows. Mr. Dines says Mr. McEwen would like his company to be included in the S&P 500, but for that to happen it will need to increase its market capitalization five-fold, to $5-billion from $1-billion. "That would be worth waiting for," says the editor.

© 2017 Canjex Publishing Ltd. All rights reserved.

[boersentrader02]

So sehen die Ergebnisse aus, wenn man sich selber auf die Schulter klopft.

Und das nach dem Kursverfall der letzten 4 Wochen.

Wo wird das enden ?

Es wird doch wohl nicht so sein, das Rob das bisherige Glück bei seinen Firmengründungen verlassen hat, oder ?


McEwen Mining shareholders approve matters at AGM

2017-05-31 16:09 ET - News Release

Mr. Robert McEwen reports

MCEWEN MINING ANNOUNCES RESULTS OF THE ANNUAL MEETING

McEwen Mining Inc. has released the results of the annual meeting of shareholders held on May 25, 2017. The McEwen Mining share owners:

Elected Robert McEwen, Allen Ambrose, Michele Ashby, Leanne Baker, Richard Brissenden, Robin Dunbar, Gregory Fauquier, Donald Quick and Michael Stein as directors;
Approved the issuance to Mr. McEwen of 405,740 shares of the company's common stock upon conversion of subscription receipts issued as part of the acquisition of Lexam VG Gold Inc.;
Ratified the appointment of Ernst & Young LLP as the company's independent registered public accounting firm for the year ending Dec. 31, 2017.

Detailed voting results are as shown in the attached tables.

FOR THE ELECTION OF DIRECTORS

For Withheld % for % withheld

Robert R. McEwen-- 143,599,765---481,804---99.67%--- 0.33%
Allen V. Ambrose---- 143,326,005---755,564---98.48%--- 0.52%
Michele L. Ashby---- 143,365,081---716,488---99.50%--- 0.50%
Leanne M. Baker---- 143,338,036---743,533---99.48%--- 0.52%
Richard W. Brissenden--143,274,646---806,923---99.44%--- 0.56%
Robin Dunbar-------- 143,362,609---718,960---99.50%--- 0.50%
Gregory P. Fauquier--143,307,667--773,902---99.46%---0.54%
Donald R.M. Quick--- 143,260,914--- 820,655---99.43%--0.57%
Michael L. Stein------- 143,309,756--- 771,813---99.46%---0.54%


FOR THE APPROVAL OF THE ISSUANCE OF 405,740 SHARES TO ROBERT MCEWEN

For Against Withheld % for % against % withheld

All shares voted 142,008,272 1,441,830 631,467 98.56% 1.00% 0.44%
Shares excluding
75,791,721 held
by insiders 66,216,551 1,441,830 631,467 96.96% 2.11% 0.92%


FOR THE APPOINTMENT OF ERNST & YOUNG LLP AS THE
COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

For Against Withheld % for % against % withheld

210,232,910 476,940 982,658 99.31% 0.23% 0.46%

About McEwen Mining Inc.

https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aMUX-2477…

[faultcode]

Wo ist der ISS Governance QualityScore?=>McEwen Mining verkörpert die Vergangenheit und ist Schmu

Ich prüfte eine paar grössere, mittlere und sogar kleine US+CAN Goldminer (ABX, NEM, DGC, KGC, PVG, ASR, KDX, NGD, OSK, ...) und **alle** hatten einen ISS Governance QualityScore, egal ob insgesamt gut oder schlecht:



aus: https://finance.media.yahoo.com/quote/MUX/profile/

Aber wer so Grosses vorhat wie MUX, der sollte sich einen, oder anderen, corporate governance score zulegen.

Welchen hat MUX, und wenn keinen, warum? (Gut, Klitschen haben den häufig nicht, aber MUX will ja keine sein.)

Mir scheint, dass bei GG andere die eigentlich Arbeit für Herrn McEwen gemacht haben.
2018E (2017 AGM): 124k AuEq oz. => seit 2...3 Jahren geht's hier operativ nur bergab.
2017Q1: ruckartig hochgefahrene Explorationskosten, um zu retten was zu retten ist.

Dass dieses Kleinunternehmen bei El Gallo von Sulfid-Erzen, und sogar Polymetallic, als Optionen spricht, verrät die ganze Rat- und Ahnungslosigkeit.

Das Schlimmste: das Foto auf Slide 26/72:


Dieses Foto suggeriert beim Durchflippen, dass da, nämlich in Los Azules (ehemals Minera Andes)/ARG etwas im Bau sein könnte (trotz des Glencore-Hinweises). Auf Slide 12/72 zuvor wird Los Azules unter "Growth Divers" aufgeführt. Man hatte bereits eine (updated) PEA in 2013 (nach einer PEA 2009 unter Minera Andes). Wieso in 2017 nochmal eine? Für's Fantasieland? Bis Los Azules in Betrieb sein könnte, ist der Kupferpreis - und auch die Plannungs- und Baukosten - sowieso wahrscheintlich ganz woanders (und ARG hat sowieso wieder eine neue Regierung...).

=> dort, in Los Azules, steht auf sehr viele Jahre überhaupt nichts, und es ist höchst fraglich, ob jemals unter der Führung von McEwen Mining (weil kein Geld für so etwas da sein wird.)

Seit 2011(!) möchte Herr McEwen in den SP500, wiederholt bis mindestens 2016 öffentlich geäussert. Das alleine kann kein sinnvolles Zeit unter dem Aspekt Shareholder Value sein.

=> mir scheint, dass die ganze Firma eine riesengrosse Ego-Veranstaltung ist.

(Hier gibt's noch mehr schwarze Löcher.... aber sonst krieg ich wieder so viel Schimpfe oder Unterstellungen... )

=> Finger weg! McEwen ist Vergangenheit, nicht die Zukunft.

[freddy1989]

Hallo mit wieviel Unzen rechnet ihr in diesem Jahr? Ich gehe so von 80 000 Unzen Gold aus. Wie findest ihr die Market cap findet ihr Mcewen Mining ist fair bewertet bei 80 000 Unzen Goldproduktion ca?

Marktkap.
791,39 Mio

McEwen Mining: Ergebnisse des ersten Quartals
McEwen Mining Inc. hat gestern die Finanzergebnisse des zum 31. März 2017 geendeten Quartals gemeldet. Das Unternehmen musste demnach einen Nettoverlust von 3,0 Mio. $ bzw. 0,01 $ je Aktie hinnehmen. Im Vorjahresquartal war ein Nettogewinn in Höhe von 13,0 Mio. $ bzw. 0,04 $ je Aktie erzielt worden.

Die Goldproduktion belief sich im ersten Quartal auf 20.096 Unzen. Die Silberproduktion erreichte 722.767 oz. Das entspricht 29.733 oz Goldäquivalent. Verglichen zu 37.958 Unzen im Vorjahreszeitraum ging die Produktion damit um knapp 22% zurück.

Die All-In Sustaining Costs betrugen nach Beiproduktgutschriften im Märzquartal 668 $/oz Goldäquivalent bei El Gallo und 1.165 $/oz bei San José.

McEwen rechnet im Gesamtjahr 2017 mit einer Produktion von 144.000 Unzen Goldäquivalent.


© Redaktion MinenPortal.de

[freddy1989]

Hier nochmal ein Artikel

https://amerika21.de/analyse/176190/bergbau-narcos-mexiko

[faultcode]

Antwort auf Beitrag Nr.: 55.314.457 von freddy1989 am 13.07.17 00:46:02

Merci für den aufschlussreichen Link.
Das wollte ich ja sagen - zumindest indirekt - bei Klein- und Mittel-Werten wie Argonaut Gold, Americas Silver, Primero Mining und vielen anderen, die eben immer im Hintergrund in MEX z.Z. ein ziemlich hohes strukturelles Risiko haben, was man vom dt. Wohnzimmer aus mitunter nicht richtig sieht:
https://www.wallstreet-online.de/diskussion/1213827-161-170/…

[boersentrader02]

Gestern gab es die Zahlen für das 2. Quartal 2017.

Danach sieht es m. E. nicht gut für MUX aus, immerhin haben sie 18 % weniger gefördert als im gleichen Quartsl 2016.

80k Goldäquivalent-Ounzen werden sie natürlich gut schaffen,. Nach den ersten beiden Quartalen 2017 haben sie schon über 50k zusammen.

Das könnten am Ende des Tages vielleicht gut 100k bis 110k Ounzen werden, ist aber trozudem, meiner Einschätzung nach, sehr wenig.

Das jetzt geförderte Erz hat nicht den Goldgehalt den man für eine Steigerung der Produktion unbedingt braucht. Vielleicht wird es ja in 2018 besser, vielleicht ?


Ich gehe davon aus, das Rob sich mit diesen Zahlen schämt um an die Öffentlichkeit zu gehen. Zu mindest haben sie mir diese News bie jetzt noch nicht geschickt


McEwen Mining meldet Produktionszahlen für Q2 17

McEwen Mining Inc. McEwen Mining Inc. gab gestern die Produktionszahlen für das zweite Quartal des Jahres 2017 bekannt. Wie aus der Meldung hervorgeht, produzierte das Unternehmen während der drei Monate bis 30. Juni insgesamt 32.584 Unzen Goldäquivalent besehend aus 22.191 Unzen Gold und 779.487 Unzen Silber. Verglichen zu den 39.555 Unzen Goldäquivalent im Vorjahreszeitraum ging der Ausstoß damit um knapp 18% zurück.

Die dem Unternehmen zurechenbare Produktion bei San José belief sich auf 12.477 Unzen Gold und 774.521 Unzen Silber 22.804 Unzen Goldäquivalent). Aus der El-Gallo-Mine wurden 9.780 Unzen Goldäquivalent gefördert.

http://www.minenportal.de/artikel.php?sid=36047

[boersentrader02]

Gestern gab es die Zahlen für das 2. Quartal 2017.

Danach sieht es m. E. nicht gut für MUX aus, immerhin haben sie 18 % weniger gefördert als im gleichen Quartsl 2016.

80k Goldäquivalent-Ounzen werden sie natürlich gut schaffen,. Nach den ersten beiden Quartalen 2017 haben sie schon über 50k zusammen.

Das könnten am Ende des Tages vielleicht gut 100k bis 110k Ounzen werden, ist aber trozudem, meiner Einschätzung nach, sehr wenig.

Das jetzt geförderte Erz hat nicht den Goldgehalt den man für eine Steigerung der Produktion unbedingt braucht. Vielleicht wird es ja in 2018 besser, vielleicht ?


Ich gehe davon aus, das Rob sich mit diesen Zahlen schämt um an die Öffentlichkeit zu gehen. Zu mindest haben sie mir diese News bie jetzt noch nicht geschickt


McEwen Mining meldet Produktionszahlen für Q2 17

McEwen Mining Inc. McEwen Mining Inc. gab gestern die Produktionszahlen für das zweite Quartal des Jahres 2017 bekannt. Wie aus der Meldung hervorgeht, produzierte das Unternehmen während der drei Monate bis 30. Juni insgesamt 32.584 Unzen Goldäquivalent besehend aus 22.191 Unzen Gold und 779.487 Unzen Silber. Verglichen zu den 39.555 Unzen Goldäquivalent im Vorjahreszeitraum ging der Ausstoß damit um knapp 18% zurück.

Die dem Unternehmen zurechenbare Produktion bei San José belief sich auf 12.477 Unzen Gold und 774.521 Unzen Silber 22.804 Unzen Goldäquivalent). Aus der El-Gallo-Mine wurden 9.780 Unzen Goldäquivalent gefördert.

http://www.minenportal.de/artikel.php?sid=36047

[boersentrader02]

Gestern gab es die Zahlen für das 2. Quartal 2017.

Danach sieht es m. E. nicht gut für MUX aus, immerhin haben sie 18 % weniger gefördert als im gleichen Quartsl 2016.

80k Goldäquivalent-Ounzen werden sie natürlich gut schaffen,. Nach den ersten beiden Quartalen 2017 haben sie schon über 50k zusammen.

Das könnten am Ende des Tages vielleicht gut 100k bis 110k Ounzen werden, ist aber trozudem, meiner Einschätzung nach, sehr wenig.

Das jetzt geförderte Erz hat nicht den Goldgehalt den man für eine Steigerung der Produktion unbedingt braucht. Vielleicht wird es ja in 2018 besser, vielleicht ?


Ich gehe davon aus, das Rob sich mit diesen Zahlen schämt um an die Öffentlichkeit zu gehen. Zu mindest haben sie mir diese News bie jetzt noch nicht geschickt


McEwen Mining meldet Produktionszahlen für Q2 17

McEwen Mining Inc. McEwen Mining Inc. gab gestern die Produktionszahlen für das zweite Quartal des Jahres 2017 bekannt. Wie aus der Meldung hervorgeht, produzierte das Unternehmen während der drei Monate bis 30. Juni insgesamt 32.584 Unzen Goldäquivalent besehend aus 22.191 Unzen Gold und 779.487 Unzen Silber. Verglichen zu den 39.555 Unzen Goldäquivalent im Vorjahreszeitraum ging der Ausstoß damit um knapp 18% zurück.

Die dem Unternehmen zurechenbare Produktion bei San José belief sich auf 12.477 Unzen Gold und 774.521 Unzen Silber 22.804 Unzen Goldäquivalent). Aus der El-Gallo-Mine wurden 9.780 Unzen Goldäquivalent gefördert.

http://www.minenportal.de/artikel.php?sid=36047

[marstru]

2017 scheint ein nicht so erfreuliches für McEwen Mining zu werden. Ich bin gespannt wie 2018 wird, immerhin kommt die Gold Bar Mine in Produktion und Rob berichtet ja viel positives. Auch das Kupferprojekt soll ja jetzt in Angriff genommen werden, und die Kupferpreise ziehen an.

[Volatiler]

http://www.mcewenmining.com/Media-Events/News-Releases/News-…

[boersentrader02]

Trotz der zur Zeit bei McEwen Mining laufenden Misere bzw. des desaströsen Kursabsturz . . . .

. . . . kauft Rob am Markt wieder ein.

Entweder ist dieser Mann grössenwahnsinnig oder er weiss das es im nächsten Jahr oder auch erst in den kommenden Jahren (?) wieder bedeutend besser laufen wird.

Ich kann mir nicht vorstellen, das er MUX durch den Kauf der ja wohl produzierenden Mine einfach so daneben liegen sollte. 50- bis 60k Au-Unzen, die ja für dieses Jahr prognostriert worden sind, bringen ja schon 50 % des Kaufes wieder zurück. Oder sehe ich das nicht richtig ?

Bin auf eure Meinungen interessiert ?






McEwen Mining to Acquire Black Fox From Primero
08-10-2017
Download this Press Release (PDF 1.25 MB)
(all amounts in $US)

TORONTO, Aug. 10, 2017 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) (“McEwen”) is pleased to announce that it has reached an agreement with Primero Mining Corp. to purchase its Black Fox Complex and associated assets and liabilities located in the world-famous gold mining camp of Timmins, Canada. The agreed purchase price is $35 million, subject to closing adjustments. Definitive documentation is expected to be completed before the end of this month.

“Buying the Black Fox Complex provides fantastic synergies with our recently acquired Timmins deposits. Our objective is to build a long-term production platform with a robust pipeline of production, development and exploration assets, all feeding into a single processing facility. This acquisition will add immediately to our gold production, but is just the beginning of a new chapter of growth for McEwen Mining,” said Rob McEwen, Chairman and Chief Owner. “Black Fox comes with a talented operating team, an underground mine producing 50-60,000 ounces of gold in 2017(1), a processing facility with excess capacity, two future development opportunities, and excellent exploration potential. Combined with our existing portfolio of Timmins deposits, I believe this is a logical and potent combination.”

http://www.mcewenmining.com/Media-Events/News-Releases/News-…

[meichel]

Läuft doch alles wie angekündigt.

Wir wollen doch groß werden, oder ?

http://www.primeromining.com/English/investors/news/press-re…

[Global-Player83]

Der Kaufpreis war meiner Meinung nach günstig. Allerdings sind 50-60 koz für dieses Jahr bei AISC von 1150-1250$/oz auch nicht gerade die Welt. Vielleicht sollte der Minenplan optimiert werden.

[boersentrader02]

Sollte der Goldpreis weiter nach oben gehen bleibt sogar noch was hängen.

Wenn sich dann die Fachleute von MUX den neuen Plan für die weitere Exploration auf diesem Gelände vor die Brust nehmen könnten sich schon die bisher bekannten Reserven dieser Mine bedeutend erhöhen.

Ausserdem sieht Rob ja auch die Lage dieser Mine für sehr interessant an, da das, gerade übernommene Minenpaket von Lexam, ja bereits schon in petto ist. Das bedeuted m. E. eine signifikante Bereicherung des gesamten Potenzial in der Timmins-Zone.

[krystallos]

Antwort auf Beitrag Nr.: 55.501.416 von boersentrader02 am 10.08.17 21:10:45

Auf lange Sicht gesehen macht dies Sinn und die Förderung der Edelmetalle wird auch hier optimiert werden...
Wenn wir dann auch die höheren Gold-&Silberpreise haben bleibt was hängen bezw. es verbessert die Gesamtförderung von MUX.
Ich sehe das sehr Possitiv !

Das was uns momentan am besten helfen würde ist ein steigender Silber & Goldpreis !!!

[boersentrader02]

Habe mir soeben die Goldgrube von Markus Bußler angehört, auch für ihn ist das

unerklärlich, das MUX in diesen Monaten so abgestürzt ist.

Aber es ist halt so und wer noch in dem Wert ist kann sich das kja einmal anhören, was Markus Bußler dazu meint. Über MUX spricht er so ab der Minute 7 von dem unten eingegebenen Link.

Dieses Bild ist nicht SSL-verschlüsselt: [url]http://www.deraktionaer.tv/video/goldexperte-bussler-ausverkauf-bei-silberminen-50190180.html

[/url]

[krystallos]

Antwort auf Beitrag Nr.: 55.507.800 von boersentrader02 am 11.08.17 16:56:38

Ich lass mich momentan nicht verrückt machen, sehe in MUX eine sehr gute Firma mit herausragender Führung und die momentane Entwicklung ist eine Konsoldierung mit, in meinen Augen, Fahnenstange und Wimpel oder Flagge.
Sollte hier der Goldpreis an sich anziehen und die Hürde 1307 $ nachhaltig überwinden, sehe ich nach diesem Ausverkauf ein Ausbrechen nach oben mit sehr guten Zielmarken weit oben !!!

Strategisch kauft die Firma zum richtigen Zeitpunkt zu um die Gesamtförderung zu erhöhen und zu streuen, das mag einigen Investoren momentan nicht schmecken, jedoch in ein - zwei Jahren loben sie dann MUX in den Himmel wie gut in der Vergangenheit gearbeitet wurde. 2017 ist nun mal ein Jahr wo "stillstand" ist und nix aufregendes im Kurs zu sehen ist, jedoch wird dies auch wieder anders sein. Momentan heißt es Ruhe bewaren und wer "Kohle" hat nachkaufen.

Das ist meine Meinung.
Schönes Wochenende allen MUX´ ianern.

[boersentrader02]

https://seekingalpha.com/article/4095130-mcewen-minings-mux-…


Auszug aus der McEwen Mining 2017 Second Quarter Financial Results Conference Call, vom 7.8.2017



Operator

Good morning, ladies and gentlemen and welcome to the McEwen Mining 2017 Second Quarter Financial Results Conference Call.

I would now like to turn the meeting over to Mr. Rob McEwen, Chief Owner. Please go ahead, Mr. McEwen.

Rob McEwen

Thank you, Operator. Good morning fellow shareowners, ladies and gentlemen. Welcome. Our second quarter can be characterized as one of increasing investment in key assets, essentially building our future. We've been moving aggressively on four fronts.

At our Gold Bar project in Nevada, we are completing the engineering design, signing up contractors and securing longer lead time capitalized assets in anticipation of receiving our permits in Q4. Once received, this will enable us to build and operate the mine, which we expect will take about a year to do.

In Mexico the good news is we have reconfigured our El Gallo Silver project such that it will now meet our investment criteria thresholds using current silver prices. And new feasibility study will be released in early 2018. Also in Mexico exploration will be focused on several key areas to expand the known mineralization and extend the operations of El Gallo Gold.

[boersentrader02]

Sollte jetzt auch noch Kupfer nach oben laufen werden wir bald wieder . . . .

. . . . . 4 € vor dem Komma stehen sehen.

So schnell kann das gehen. Gersten schon bald Tod, heute ein Stehaufmännchen. Mir kann es nur recht sein.

Hoffentlich kommen bald die richtigen Nachrichten aus Argentinien und es wird sogar ein Überschäumen von MsEwen kommen.

Man muß tatsächlich schon sehr starke Nerven an der Börse haben. Und nicht jeder hat diese.


MÄRKTE-Knappes Angebot verteuert Kupfer und Nickel

Frankfurt, 29. Aug (Reuters) - Aus Furcht vor einem Angebotsengpass haben sich Anleger am Dienstag mit Industriemetallen eingedeckt. Der Preis für Kupfer kletterte um 2,2 Prozent auf ein Drei-Jahres-Hoch von 6814 Dollar je Tonne. In Shanghai erreichte der Rohstoff für Stromkabel und Wasserrohre mit 53.050 Yuan (8041 Dollar) sogar ein Viereinhalb-Jahres-Hoch. Das zur Stahl-Herstellung benötigte Nickel war mit 11.840 Dollar so teuer wie zuletzt im vergangenen November.

Die Kupfer-Lagerbestände sind in den vergangenen beiden Monaten gefallen. Dabei halbierte sich der Anteil des Kupfers, das nicht für Abnehmer reserviert ist, binnen sechs Wochen auf derzeit rund 112.000 Tonnen.

Nickel profitierte Börsianern zufolge von den geringeren philippinischen Exporten. Wegen der Schließung von mindestens acht Minen als Folge des Kampfs gegen Umweltverschmutzung brachen die Nickel-Ausfuhren im ersten Halbjahr um etwa ein Viertel ein.

(Reporter: Hakan Ersen, unter Mitarbeit von James Regan; redigiert von Sabine Wollrab. Bei Rückfragen wenden Sie sich bitte an die Redaktionsleitung unter den Telefonnummern 069 - 7565 1236 oder 030 - 2888 5168.)

Hinsichtlich weiterer Informationen und einer gegebenenfalls erforderlichen Offenlegung potenzieller Interessenkonflikte nach § 34b WpHG der für die Erstellung der zugrunde liegenden Finanzinformationen oder Analysen verantwortlichen Unternehmen wird auf das Informationsangebot dieser Unternehmen (Internetseite und andere Informationskanäle) verwiesen.

[nicolani]

so das gap zum handelsbeginn ist geschlossen und somit ist der weg nach oben offen!

[iwanowski]

Antwort auf Beitrag Nr.: 55.621.100 von nicolani am 29.08.17 16:42:31

Bin ab heute auch an Bord...ein Glückauf an alle Forumsteilnehmern!

[nicolani]

Antwort auf Beitrag Nr.: 55.621.241 von iwanowski am 29.08.17 16:52:07

kompliment! gutes timing!

[boersentrader02]

Wenn auch schon 3 Monate alt, ist aber trotzdem interessant.

Hört euch das bitte an iúnd ihr werdet wissen, wo die reise hingeht.

http://www.mcewenmining.com/Media-Events/Media/default.aspx

[boersentrader02]

Schau an, schau an, sogar die gesamte Bernecker-Crew hat sich an McEwen verbissen.

Dann können wir ja wohl nicht ganz so falsch liegen. Noch haben sie keinen Stoppreis gesetzt, das wird dann aber wohl bei 3,50 $ kommen. M.M.Das sind von heute aus gerechnet noch gut ein drittel ( = ca. 33 %) des jetzigen Kurses, erst von dort aus macht es auch wieder Sinn.


MCEWEN MINING INC

2,254 Euro +0,019 +0,85 %
WKN: A1JS7T ISIN: US58039P1075 Ticker-Symbol: US8A Stuttgart | 06.09.17 | 18:46 Uhr


06.09.2017 | 14:24
(34 Leser)


Bernecker Börsenbriefe·Mehr Nachrichten von Bernecker Börsenbriefe

McEwen Mining profitiert von Nordkorea-Krise.


Es lassen sich wahrscheinlich nicht viele gute Dinge über Nordkoreas Diktator Kim Jong-un sagen, aber für den Goldpreis ist der von ihm eingeleitete Konfrontationskurs mit den USA ein echter Kurstreiber. Von dieser misslichen geopolitischen Krise profitiert zwangsläufig unsere laufende Empfehlung McEwen Mining. Am 9. August notierte der kanadische Minenwert noch bei 2,15 Dollar. Gestern lag der Kurs bei 2,72 mit steigender Tendenz.

Der Einstandskurs für unser aktuelles Engagement in Höhe von zwei Positionen liegt bei 2,95 Dollar.

Erst jüngst hatte McEwen Mining eigene Förderkapazitäten mit der Übernahme des Black Fox Complex in der Goldbergbauregion von Timmins in Kanada bekannt gegeben. Dafür zahlt das Unternehmen insgesamt 35 Millionen Dollar an die Primero Mining Corporation. Die Transaktion soll bis Ende September abgeschlossen werden. Laut McEwen Mining erhöht sich durch die Übernahme die Goldproduktion im kommenden Jahr um 50.000 Unzen.

Wir bleiben bei McEwen Mining weiter engagiert. Der Goldminenwert stellt eine solide Risikoabsicherung in schwierigen Marktlagen dar, wie aktuell die Nordkoreakrise zeigt. Wir behalten uns vor, kurzfristig ein erstes Stop-Loss zur Absicherung zu platzieren.


© 2017 Bernecker Börsenbriefe

[krystallos]

Antwort auf Beitrag Nr.: 55.683.309 von boersentrader02 am 06.09.17 20:40:55

... das ist doch SUPER !!! Den Kerle schätze ich enorm !!!

[Antarius]

http://www.mcewenmining.com/Media-Events/News-Releases/News-…
COPPER SHINES BRIGHTLY FOR MCEWEN MINING
- ENHANCED ECONOMICS OF LOS AZULES

$2.2 Billion After-Tax NPV@8% and IRR of 20.1%
3.6 Year Payback at $3.00/lb. Copper and 36 Year Mine Life
415 Million lbs. Average Annual Copper Production For The First 10 Years
$1.11/lb. Copper Average Cash Production Cost (C1) For First 10 Years

TORONTO, Sep 7, 2017 - McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to announce the results of a new Preliminary Economic Assessment (PEA) on its 100% owned Los Azules Copper Project. The results of the 2017 PEA demonstrate that Los Azules is a robust, high margin, rapid pay-back, and long-life open pit mine at current copper, gold and silver prices.

The 2017 PEA was prepared by Hatch Ltd., a global multidisciplinary management, engineering and development consultancy known for leadership in mining innovation, under the direction of Donald Brown C. P. Eng (Senior Vice President of Projects for McEwen Mining) with contributions from other industry specialists.

The reforms introduced by the government of Argentina under the leadership of President Macri to encourage mining investment by eliminating taxes on exported mineral concentrates was a key factor driving the new PEA for Los Azules.

“Los Azules is a giant porphyry copper deposit that offers tremendous potential to generate wealth for McEwen Mining shareowners and other stakeholders,” said Rob McEwen, Chairman and Chief Owner. “Our next steps are to advance permitting and prefeasibility/feasibility studies to move Los Azules towards production.”

Los Azules is located in the San Juan Province of north-western Argentina. The 2017 PEA is a substantial revision of the previous 2013 PEA and contemplates an enhanced implementation strategy resulting in improved economics while reducing execution risk. It envisions an owner-operated mine and conventional concentrator (flotation circuit) producing a copper concentrate for export. A phased implementation approach is employed to optimise initial capital expenditure. Phase 1 implementation will have a daily throughput of 80,000 tonnes per day (tpd), and Phase 2 will deliver a 50% increase in the processing rate to 120,000 tpd. The process design has been modeled on the flowsheet and implementation of the recently constructed and operating Antapaccay (Glencore) copper concentrator located in the high Andes of Peru. Antapaccay shares many key characteristics with Los Azules, making it an obvious choice upon which to model the proposed infrastructure.

Using the assumptions of $3.00/lb copper, $1,300/oz gold, and $17/oz silver, the Los Azules project generates a robust after-tax Net Present Value (NPV) discounted at 8% of $2.2 billion and an Internal Rate of Return (IRR) of 20.1%. The project economics for Los Azules contemplates two years of permitting, drilling, and feasibility studies; followed by a three year project implementation phase for production of the first copper concentrates. The economic values presented in the 2017 PEA are after-tax financial outcomes at the point of commencing the project implementation phase. The key financial results are summarized in Table 1 and Figure 1.
...
..
.

[marstru]

Antwort auf Beitrag Nr.: 55.694.496 von Antarius am 08.09.17 00:57:13

Klingt gut

allerdings, wo will man die 2,4 Mrd $ Dollar hernehmen, um das Projekt zum Laufen zu bringen?

[marstru]

nur meine Übersetzung des Textes mit bescheidenen Englischkenntnissen. Ich lasse mich gern eines besseren belehren. Ansonsten, Robbie wird schon wissen, was er macht

[boersentrader02]

Die Herausgabe von 18 Mill. neuen Aktien zum Kurs von 2,25 $ und dazu noch weitere

9 Mill Optionsscheine zu einem Kurs von 2,70 $, der dazu noch 13 Monate gilt kann nur, nach Veröffentlichung dieses Geschäftes, einen Kursrutsch in der heute gezeigten Form veranlassen.

Aber das ist ja noch nicht alles. Bis zum 22. 9. 2017 habe alle beteiligten Personen oder Institutionen (werden dadurch neue Aktionäre) an diesem Deal, noch eine weitere Möglichkeit bis zu 2,7 Mill Aktien und 1,35 Mill Optionsscheine zu den gleichen Kursen zu erstehen.

Das Rob dieses Geld, jetzt zu diesem tiefen Kurs einsammelt, bedeutet für mich, das Rob wahrscheinlich von seinem bisherígen Glück etwas verlassen worden ist.

Das einzig gute an diesem Deal ist m. M. das, das McEwen Mining keine Schulden haben wird, um den angekündigten Deal mit der Übernahme der Mine Black Fox von Primero abzuschließen.

Ich hoffe nur, dass die von ihm angekündigten und von uns jetzt auch erwarteten Goldunzen in den kommenden Jahren auch zutreffen werdenn. Hoffentlich.

Sollte es eintreffen ist das heute ein klarer Kauf. Oder wird es bis zum 22.Sept. 2017 noch preiswerter.

Wir werden es am Freitag, dieser Woche oder spätestens am Montag, nächster Woche sehen. Ich bin kein Hellseher, warten wir es ab.



McEwen Mining arranges $40.5-million bought deal
2017-09-18 17:20 ET - News Release

Mr. Rob McEwen reports

MCEWEN MINING ANNOUNCES BOUGHT DEAL OF $40.5 MILLION

McEwen Mining Inc. has entered into an underwriting agreement with a syndicate of underwriters, pursuant to which the underwriters have agreed to purchase, on a bought deal underwritten basis, 18 million shares of its common stock and warrants to purchase up to nine million shares of its common stock, at a price of $2.25 per share and associated one-half common stock warrant, for gross proceeds, before deducting underwriting commissions and estimated offering expenses, of $40.5-million. The warrants will have a term of 53 weeks from issue date and an exercise price of $2.70 per whole share. In addition, McEwen has granted the underwriters a 30-day option to purchase up to an additional 2.7 million shares of common stock and/or warrants to purchase up to 1.35 million shares of common stock. The offering is expected to close on or about Sept. 22, 2017, subject to customary closing conditions.

https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aMUX-2507…

[JeremyWendell]

Übersehe ich hier etwas oder wird hier die Aktie gerade zu 1,98 USD gehandelt, dieses Syndikat bezahlt aber mindestens 2,25$?

[Osito2011]

wie sehr ihr hier die Aussichten ??

[JeremyWendell]

Das scheint hier eine Art Meditations-Thread zu sein...

[Antarius]

Zitat von JeremyWendell: Das scheint hier eine Art Meditations-Thread zu sein...

Da haben Sie durchaus Recht, Meditation im Sinne Buddhas, Zitat:
"Meditation ist, daß Dir bewußt wird was Du tust und was mit Dir geschieht."


Als derjenige, der seit Jahren in dieser Aktie investiert ist und auch diesen Thread eröffnet hat; der seit 2001 ("Internet/ neuer Markt - Blase"! -- Jyra/ Path1 u.s.w. ...) an der Börse ist, habe ich inzwischen begriffen (ich hoffe weitere Wegbegleiter ebenfalls), daß es schlichtweg völlig unerheblich ist, ob ich - oder andere - hier ihre werte Einschätzung von sich geben oder nicht ... oder ob in China ein Sack Reis umfällt.
Realität ist, dass niemand hier "vom Fach" ist, soll heißen, auch nur im Mindesten einschätzen kann, wie z.B. die geologischen Gegebenheiten der Minen (von MUX) wären ... geschweige denn die "Gewinnaussichten" sein könnten ...
Absehen von McEvens eigenen FALSCHEN Goldpreis-Prognosen (seit Jahren) von 5.000 us$/ pro Unze und höher sind auch die Einschätzungen der selbst ernannten "Goldexperten" wie "Goldexperte Bußler" einfach nur oder auch: "Wenn der Hahn kräht auf dem Mist ändert sich das Wetter oder es bleibt wie es ist."
Hauptsache der Hahn hat gekräht, wird beachtet und verdient sich seine Kohle auch noch mit seinem Gekrähe.
Wer heute alles Ernstes auch noch glaubt, er könnte mit irgendeiner Aktie "zocken", hat vermutlich die letzten Jahre verschlafen, sonst hätte er etwas von "Algorhythmen" und automatischen Aktien-Kauf-/Verkaufsprogrammen gehört. Die Zeiten des zockenden Kleinaktionärs sind passé.
Damit wollte ich sagen:
entweder man ist in MUX aus "Erfahrung" (mit Mr. McEven) investiert und ist deswegen "überzeugt" oder läßt es lieber bleiben!
(Bei inzwischen über 330 Millionen MUX-Aktien (http://www.nasdaq.com/de/symbol/mux/ownership-summary // http://www.finanzen.net/aktien/McEwen-Aktie) zeigt sich die „Bewertung“ (durch Großaktionäre) von veröffentlichen Finanzreports und andere Nachrichten unmittelbar und SOFORT an der Börse = zero chance für den Kleinaktionär, außer zuschauen ... und zurück gelehnt bleiben, was bitte sonst !?)
So seltsam das klingen mag: es ist (m)eine "Einschätzung" aus "eigener (Börsen) Erfahrung" und daraus resultierender "Intuition"; hat darüber hinaus auch etwas mit dem "Bewußtsein für die globale Weltwirtschafts- und Politiklage" zu tun (der nächste gewaltige Crash oder auch Krieg wird kommen).
Und zur Wiederholung: wer hier irgendwie zu MUX seine Einschätzung meint äussern zu wollen, soll/ darf es gerne tun, ist ganz nett , ist aber nicht mehr als der besagte Sack Reis in China

Mit freundlichem Gruß

[JeremyWendell]

Antwort auf Beitrag Nr.: 55.852.701 von Antarius am 29.09.17 17:23:35

Dann mach Deinen Thread doch einfach zu. Habe selten einen derart selbstverliebten Müll hier gelesen.

[Antarius]

Antwort auf Beitrag Nr.: 55.858.434 von JeremyWendell am 01.10.17 02:04:45

Zitat von JeremyWendell: Dann mach Deinen Thread doch einfach zu. Habe selten einen derart selbstverliebten Müll hier gelesen.

https://www.amazon.de/Zen-B%C3%B6rse-Erkenntnisse-eines-B%C3…

" Dieses Buch ist ein Muss für den fortgeschrittenen Börsianer oder für einen solchen der es einmal werden möchte.
Emotionslosigkeit und Egolosigkeit ist der Erfolgsgarant Nr. 1 an der Börse.
Dies heisst praktisch, sich dem Markt anzupassen und nicht,
dem Markt seinen Willen aufzwingen oder ihn beherrschen zu wollen.
Durch dieses Buch wurde ich vom Antizykliker nahezu zum Prozykliker/Trendfolger.
Eines der wenigen Handvoll Bücher, welches ernsthaft Interessierte haben oder sich zumindest einmal angeschaut haben sollten."

"Wer glaubt, an der Börse recht zu haben, kann mit diesem Buch lernen, sich zurückzunehmen. Der Markt hat Recht, Nicht nachkaufen bei fallenden Kursen u.a. haben mir schon viel geholfen, bei "falschen" Bauchentscheidungen. Für jeden an der Börse tätigen: sofort kaufen"

[JeremyWendell]

Antwort auf Beitrag Nr.: 55.865.854 von Antarius am 02.10.17 17:00:42

Ich brauche es nicht noch deutlicher, habe erkannt, was für ein selbstverliebter Gockel Du bist.

[meichel]

https://www.americanbankingnews.com/2017/10/04/financial-rev…

[meichel]

Black Fox

Auf der Homepage erklärt Rob uns den Deal

Wir bleiben weiter meditativ

[McSmoove]

Aktuelle Präsi: http://s1.q4cdn.com/807296388/files/doc_presentations/mux_co…
Auch bezüglich Black Fox recht erleuchtend

[Antarius]

!

Dieser Beitrag wurde von CloudMOD moderiert. Grund: bitte das Threathema beachten

[Osito2011]

alle Minen rot obwohl gold im plus. das werde ich nie verstehen.

[50Bagger]

Antwort auf Beitrag Nr.: 55.923.218 von Osito2011 am 10.10.17 20:09:22

Denke sobald wir die Hochs von 2016 überschreiten wird es besser werden für die Minen. Momentan haben die einfach noch zu wenige auf dem Schirm. Bei Tesla, Amazon, Facebook lässt sich momentan einfacher Geld verdienen, aber das wird sich meiner Ansicht nach bald umdrehen.

[marstru]

Interessantes Interview mit Robert McEwen
http://www.bnn.ca/video/robert-mcewen-tells-us-why-he-issued…

Ich denke, dass der Deal mit Black Rock sich langfristig positiv auswirken wird, auch wenn es erstmal den Kurs gedrückt hat.

[NextUrigeller]

Im Zusammenhang mit McEwen Mining (MUX) Aktionär bin ich auf diese Meldung gestossen:

http://www.goldseiten.de/artikel/349709--Sage-Gold-Delivers-…

Nun wurde die Black-Fox-Mill erst kürzlich von MUX übernommen, welche ja in letzter Zeit doch recht expansiv unterwegs ist. Nun frage ich mich, ob Sage Gold zu einem Übernahmeziel von MUX werden könnte. Immerhin besteht bereits ein Abkommen zur Verarbeitung des Materials über die Minenlaufzeit. Mine und Mühle liegen dementsprechend auch nahe beieinander. Die Kennzahlen von Sage sind auch ok.

Gibt es Meinungen dazu? ...oder ist Sage zu klein für MUX? Ich habe bei Sage Gold einen entsprechenden Thread eröffnet und freue mich auf den Austausch.

Beste Grüsse

[Toni_Trade]

Gestern gegen den Trend im Plus geschlossen und das Zusammenziehen der Böllinger Bänder deutet auf eine Entscheidung in den nächsten TAgen hin.

[Antarius]

MCEWEN MINING REPORTS Q3 2017 PRODUCTION RESULTS

TORONTO, Oct 18, 2017 - McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) reports consolidated production for Q3 2017 of 19,051 gold ounces and 749,749 silver ounces, or 29,047 gold equivalent ounces(1), using a 75:1 gold to silver ratio.

Consolidated Production Summary

Q3 ‘17 Q2 ‘17 Q1 ‘17 Q4 ‘16 Q3 ‘16
Gold ounces 19,051 22,191 20,096 20,337 24,281
Silver ounces 749,749 779,487 722,767 838,768 916,168
Gold Eq. ounces 29,047 32,584 29,733 31,521 36,496

Black Fox, Timmins – Enhanced Growth Strategy

Our growth strategy in the Timmins region, which started in April 2017 with the acquisition of Lexam VG Gold, reached a second important milestone on October 6, 2017 with the purchase of the Black Fox Complex. Black Fox consists of: 1) the fully operational Black Fox underground gold mine, 2) the Black Fox-Stock mill, 3) an experienced workforce, and 4) the nearby Grey Fox and Froome development projects. The addition of Black Fox boosts our global 2018 production guidance to between 172,000-185,000 gold equivalent ounces.

Gold Bar Project, Nevada – Major Permitting Milestone

The Gold Bar Project has achieved a major milestone in the permitting process with the publication by the Environmental Protection Agency (EPA) of the Notice of Availability of the Final Environmental Impact Statement (EIS) in the Federal Register. Following a regulated review period, a signed Record of Decision will be published, signifying the completion of the National Environmental Policy Act (NEPA) process. The Record of Decision is expected in early November this year and development of Gold Bar is planned to begin upon receipt, in line with our earlier estimates. Gold Bar is expected to contribute an average of 65,000 ounces to our annual gold production beginning in 2019.

Los Azules, Argentina – Robust Economics in New PEA

The results of the 2017 PEA demonstrate that Los Azules could become a robust, high margin, rapid pay-back, and long-life open pit mine at current copper, gold and silver prices. Financial highlights from the 2017 PEA, assuming a $3.00 per pound copper price, are: 1) $2.2 billion after-tax net present value (NPV@8%), 2) an internal rate of return (IRR) of 20.1%, and 3) a payback period of 3.6 years and a total mine-life of 36 years. Estimated average annual copper production is 415 million lbs. at a cash cost of $1.11/lb. during the first 10 years of mining operations. The PEA report is available for review on our website (www.mcewenmining.com/operations/los-azules-exploration) and SEDAR (www.sedar.com).

San José Mine, Argentina (49%(2)) – Improving Production

Our attributable production from San José in Q3 was 11,862 gold ounces and 747,960 silver ounces, for a total of 21,834 gold equivalent ounces. Year-to-date our attributable production was 64,563 gold equivalent ounces, 2.8% below the same period in 2016.

El Gallo Mine, Mexico – Overcoming Challenges

Production in Q3 was 7,213 gold equivalent ounces, compared to 11,849 gold equivalent ounces during the same period in 2016. Production in Q3 continued to be below our expectations as a result of a serious mechanical failure at the end of July that removed the crushing circuit from operation. As a result we were unable to crush and place fresh ore to leach on the leach pad for a period of time. We currently have almost twice our normal crushing capacity available for the remainder of the year. Production is improving on account of the increased throughput, and access to better grades of ore in the pit that was predicted in the second half of the year. Increased production in Q4 will partially compensate for the shortfall experienced to date.

Financing

In order to purchase Black Fox and provide funding for further investment in capital spending and exploration, we completed a financing in which a total of 20,700,000 shares and 10,350,000 warrants were sold at a price of $2.25 per share and associated one-half warrant, for aggregate gross proceeds of $46,575,000. Each whole warrant entitles the holder to purchase one share at an exercise price of $2.70 per share until September 28, 2018.

Financial Results

Operating costs for the quarter ended September 30, 2017 will be released with our 10-Q Quarterly Financial Statements in early November. As of October 12, 2017 we are debt-free with liquid assets of approximately $60 million.

Footnotes:
'Gold Equivalent Ounces' are calculated based on a 75:1 gold to silver ratio.
The San José Mine is 49% owned by McEwen Mining Inc. and 51% owned and operated by Hochschild Mining plc.
All dollar amounts are US Dollars.
...
..
.

[Osito2011]

Antwort auf Beitrag Nr.: 55.981.452 von Antarius am 19.10.17 10:56:23

Die Zahlen reißen einen nicht vom hocker....

[Antarius]

Antwort auf Beitrag Nr.: 55.981.839 von Osito2011 am 19.10.17 11:38:01

“Production in Q3 continued to be below our expectations as a result of a serious mechanical failure at the end of July that removed the crushing circuit from operation. As a result we were unable to crush and place fresh ore to leach on the leach pad for a period of time. We currently have almost twice our normal crushing capacity available for the remainder of the year. Production is improving on account of the increased throughput, and access to better grades of ore in the pit that was predicted in the second half of the year. Increased production in Q4 will partially compensate for the shortfall experienced to date.

McEwen Mining | wallstreet-online.de - Vollständige Diskussion unter:
https://www.wallstreet-online.de/diskussion/1172023-1091-110…

[Toni_Trade]

Nur Mexico mit den bekannten Problem, Black Fox hat viel Potenzial. Stay Long

[MrArbogast]

Antwort auf Beitrag Nr.: 55.981.839 von Osito2011 am 19.10.17 11:38:01

Die Zahlen werden erst Mitte 2018 gut sein. Aktuell ist die Company auf Einkaufstour wo es günstige Angebote gibt. Dazu muss man sich erst Mal trauen in dem aktuellen Umfeld. Gold ist zur Zeit nicht in Mode, wird es aber wieder sein.

[freddy1989]

Hallo was haltet ihr vom KGV von Mc Ewen Mining?

Ich habe einen Artikel gefunden dort lag das KGV bei knapp 40 bin nicht ganz sicher aber ich glaube ab 20 KGV sind die Minen doch fair Bewertet oder....

[Ramses21]

Wo hast du denn das KGV gelesen von 40? Und das Jahr 2017 ist ja bald Geschichte.

[boersentrader02]

Durch verschiedene Unwägbarkeiten hat McEwen Mining im 3. Quart.2017

einen Verlust von ca. 8,1 Mill. $ erwirtschaftet.


Nach der heutigen Veröffentlichung ist es mir und bestimmt auch vielen anderen klar warum MUX momentan eine schwierige Zeit durchmacht und der Kurs nach Süden geht.

Erholen wird er sich erst wieder wenn die Zahlen im 4. Quart. bedeutend besser werden und nur dann. M.M. Ich gehe davon aus, dass der Kurs bestimmt noch etwas weiter nach Süden gehen wird.
Der Ausblick für das Jahr 2018 soll ja wieder in normalen Zügen vonstatten gehen. Und Rob wird ebenfalls leiden so wie viele seiner Kleinaktionäre.

Zumindest hoffe ich das ?



McEwen Mining Announces Q3 2017 Operating & Financial Results
November 2, 2017
Download this Press Release PDF Format (opens in new window)

TORONTO, Nov. 02, 2017 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) reports its consolidated financial results for the third quarter ending September 30, 2017.

During Q3 2017 the El Gallo mine had earnings from mining operations of $5.1 million(2)(4) and the San José mine had earnings from mining operations of $4.5 million(4). The Company experienced increased cost and reduced income as a consequence of an unexpected drop in production at the El Gallo mine due to an equipment failure. Our portion of income from the San José mine was also reduced on lower production. As a result, the Company reported a net loss of $8.1 million or $0.03 per share.

“During the third quarter we faced some challenges with our operations that resulted in disappointing performance. Production was approximately 17,500 gold equivalent ounces(5) in the month of October. This improved production level puts us on track for a stronger fourth quarter” said Rob McEwen, Chairman and Chief Owner.

Our quarterly management conference call will take place on November 3, 2017 at 11:00 am, EDT. Webcast and call-in details are provided at the end of this news release.


http://www.mcewenmining.com/investor-relations/press-release…

[boersentrader02]

iese Preisaussichten würden nicht nur MUX gut tuen.

ABN AMRO: Gold trotz jüngstem Absturz Ende 2018 bei 1.450 USD

Redaktion
Aus der Redaktion
27. Oktober 2017

http://www.goldinvest.de/aus-der-redaktion/1048-abn-amro-gol…

[meichel]

Copper

[urlhttps://seekingalpha.com/article/4120890-mcewen-minings-mux-q3-2017-results-earnings-call-transcript][/url]

Zitat Mcewen zum Kupfer-Projekt:

"This is a big deposit, a big project, and we are looking for joint venture partners to build it out "

[meichel]

News !!

http://www.globenewswire.com/news-release/2017/11/08/1177636…

" target="_blank" rel="nofollow ugc noopener">[/urhttp://www.globenewswire.com/news-release/2017/11/08/1177636…

[meichel]

McEwen Mining Receives Key Permit for Gold Bar


TORONTO, Nov. 08, 2017 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) (“McEwen”) is pleased to announce it has received the signed Record of Decision (ROD) on the Final Environmental Impact Statement (EIS) for the Gold Bar Project (Gold Bar), Eureka County, Nevada. Construction of Gold Bar will begin immediately.



“This is great news for McEwen Mining and State of Nevada. Our mission to build Gold Bar has been ongoing since 2013, during that time we have overcome many challenges involved in bringing a new mining project to fruition. Gold Bar is the first new gold mine in Nevada to gain permit approval in several years. We advanced from Draft Environmental Impact Statement submittal to a Record of Decision in under 8-months, a very brisk pace for the last leg of the permitting process. We want to thank all those involved including our staff, the BLM, Eureka County Board of Commissioners, and other Cooperating Agencies,” said Rob McEwen, Chairman and Chief Owner.

[meichel]

Mcewen auf Einkaufstour.....

McEwen Mining targeting acquisition spree to get S&P listing

November 07, 2017, 12:49:00 PM EDT By Reuters

By John Revill

ZURICH, Nov 7 (Reuters) - McEwen Mining is on a buying spree as the Canadian gold company aims to grow its market capitalisation by more than five times to achieve its ambition of a listing on the S&P 500, chief owner Rob McEwen said on Tuesday.

The Toronto company is seeking to buy several assets, ideally distressed companies or mines whose owners are in financial difficulties, to help raise its market capitalisation to $5 billion from under $1 billion now.

On Tuesday, in Zurich, where he was meeting investors, he stretched the deadline to four years.

"We have to do some further M&A and have some further exploration success," he said.

"I always favour distressed assets - they are a little more work, the market has to be a bit more patient, but that's where you get your best value."

In August, McEwen bought the Black Fox mining complex in Timmins, Canada, for $35 million from Primero Mining Corp, which had invested more than $500 million, but sold it to reduce its debts.

The site will produce 50,000 ounces of gold this year, and roughly the same next year, McEwen said.

The company expects to increase its own annual gold production from 146,000 equivalent ounces in 2016 to 223,000 by 2020 from its four mines.

"It is conceivable that we can get to 300,000 ounces organically, but we have to more than double that to get to the market cap we need," McEwen said.

Most of the company's acquisition drive would be in the Americas, although he would also look at Europe, with the company spending up to $200 million for the right assets.

He said he would avoid Africa because of political risk.

Some industry sources say there was not enough consolidation in the junior mining sector last year, when commodity prices rallied more quickly than widely expected, after the crash ended early 2016.

They say that was particularly true for gold exploration, which attracts the most adventurous as it requires relatively little infrastructure, but it still absorbs capital for years before mines start producing and delivering a profit.

McEwen said he did not expect a profit until 2019 as his company has invested $60 million in starting production at a new mine in Colorado and around $15 million in exploration.

Gold prices have rallied by around 10 percent this year, less than most base metals, which have risen by more than a fifth.

[boersentrader02]

Dann wollen wir ihm einmal ein glückliches Händchen wünschen denn sonst wird das ja nichts mit dem S&P 500

[Amphibie]

Rob McEwen
Net Worth: $875 million

Rich 100 rank: #100
Change in rank from 2016: ▲RETURNING
Major company holdings: McEwen Mining
Location: Toronto
Age: 67

[Ramses21]

Antwort auf Beitrag Nr.: 56.157.248 von Amphibie am 10.11.17 20:07:27

Davon haben wir ja zunächst nichts. Die Zukäufe müssen erfolgreich sein und der Kurs der Aktie endlich mal steigen.

[Popeye82]

was denkt Ihr zum Kupferprojekt??????????????

wie werdensedawohlvorjehen?

[Amphibie]

Los Azules Project. Minera Andes/McEwen Mining? Weiß jemand etwas über das Projekt? Sind alle Lizenzen von den Behörden zur Durchführung schon erteilt worden? Wie sieht es mit den Gletschern dort aus? Argentinien hat die Umweltauflagen verstärkt und gibt keine Abbaugenehmigungen mehr für Gebiete auf denen sich Gletscher befinden. Barrick Gold hat genau aus diesen Grund ein Projekt, was gar nicht weit von Los Azules entfernt ist, abgebrochen.

[Ramses21]

Antwort auf Beitrag Nr.: 56.183.505 von Amphibie am 14.11.17 21:00:07

Soweit mir bekannt ist gibt es bei Los Azules keine Gletscher. War in 2016 für ein Jahr in Südamerika und u. a. auch in dieser Region.

[Amphibie]

Antwort auf Beitrag Nr.: 56.183.973 von Ramses21 am 14.11.17 21:49:10

On top of all this, a study published this month by the non-profit organization Center for Human Rights and Environment (CEDHA) of Cordoba, Argentina, claims Los Azules will affect nearly 200 glaciers. If true, McEwen will face serious legal troubles, as Argentina has a law that prohibits mining activities in glacier areas, protecting them as water reservoirs for human consumption and agriculture, as well as maintaining biodiversity and serving as tourist attractions.

http://www.mining.com/mcewen-considers-selling-the-los-azules-project-in-argentina/

[Ramses21]

Antwort auf Beitrag Nr.: 56.187.687 von Amphibie am 15.11.17 11:37:25

Also ich habe in dieser Region keine Gletscher gesehen. Kann mir nicht vorstellen das Rob hier den gleichen Fehler wieeinst Barrick macht.

[Amphibie]

Fehler hat niemand gemacht, damals beim Kauf von Minera Andes gab es das Gesetz noch nicht. Es gibt aber auch die Möglichkeit die Gletscher woanders wieder aufzubauen.

[Ramses21]

Antwort auf Beitrag Nr.: 56.189.049 von Amphibie am 15.11.17 13:51:42

In der Berechnung der Kosten meine ich. Wer sagt denn das dort Gletscher sind?

[Amphibie]

[Ramses21]

Antwort auf Beitrag Nr.: 56.189.049 von Amphibie am 15.11.17 13:51:42

Also gut. Auf dem Gebiet scheint es doch Gletscher zu geben. Diese sind aber wohl sehr dünn. Habe mir heute Mal die Unterlagen vom Oktober auf der McEwen Homepage durchgelesen. Das Projekt hat zur Zeit allerdings nicht wirklich einen Wert. Zur Zeit geht es um Gold. Gold Bar die Entwicklung wird sicher sich positiv auf den Kurs auswirken.

[Osito2011]

Geht wohl wieder unter einen Euro....

[krystallos]

Antwort auf Beitrag Nr.: 56.198.097 von Osito2011 am 16.11.17 12:40:29

Nein, wir werden bald eine Reaktion nach oben sehen, wie weit wird sich dann noch zeigen. Wichtig wäre ein dauerhaftes Überschreiten der 2,00 $ !!!
Welle 2 sollte im Abschluß sein und die 3er starten...

[boersentrader02]

Es gibt doch noch einige die an MUX glauben und so soll es auch im kommenden Jahr werden.

McEwen Mining Inc. (MUX) Receives Consensus Rating of “Hold” from Brokerages


Shares of McEwen Mining Inc. (NYSE:MUX) (TSE:MUX) have been assigned an average rating of “Hold” from the six research firms that are covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $5.00.

Several research analysts have recently issued reports on the stock. BidaskClub cut shares of McEwen Mining from a “sell” rating to a “strong sell” rating in a report on Thursday, July 6th. Zacks Investment Research cut shares of McEwen Mining from a “hold” rating to a “sell” rating in a report on Friday, July 21st. HC Wainwright restated a “buy” rating and issued a $5.00 target price on shares of McEwen Mining in a report on Tuesday, July 18th. Finally, Cantor Fitzgerald assumed coverage on shares of McEwen Mining in a report on Thursday, October 26th. They issued a “buy” rating on the stock.

Shares of McEwen Mining (NYSE:MUX) traded up 0.52% on Thursday, hitting $1.94. 2,025,442 shares of the stock were exchanged. The company has a 50 day moving average of $2.10 and a 200 day moving average of $2.51. The company’s market cap is $605.82 million. McEwen Mining has a 52-week low of $1.90 and a 52-week high of $4.43.

Institutional investors have recently modified their holdings of the company.

D L Carlson Investment Group Inc. grew its holdings in shares of McEwen Mining by 107.8% in the second quarter. D L Carlson Investment Group Inc. now owns 38,588 shares of the basic materials company’s stock worth $101,000 after purchasing an additional 20,018 shares during the last quarter.

Profund Advisors LLC lifted its stake in McEwen Mining by 0.9% in the second quarter. Profund Advisors LLC now owns 39,122 shares of the basic materials company’s stock worth $103,000 after acquiring an additional 366 shares during the period.

Karp Capital Management Corp purchased a new stake in McEwen Mining in the first quarter worth $110,000.

Two Sigma Securities LLC purchased a new stake in McEwen Mining in the first quarter worth $125,000.

Finally, Parametric Portfolio Associates LLC lifted its stake in McEwen Mining by 1.4% in the first quarter. Parametric Portfolio Associates LLC now owns 42,368 shares of the basic materials company’s stock worth $129,000 after acquiring an additional 589 shares during the period.

Hedge funds and other institutional investors own 27.76% of the company’s stock.


https://ledgergazette.com/2017/11/16/mcewen-mining-inc-mux-r…

[Ramses21]

Antwort auf Beitrag Nr.: 56.200.254 von krystallos am 16.11.17 16:21:16

Jetzt ist der Kurs wieder über $ 2,00. 😁

[krystallos]

Antwort auf Beitrag Nr.: 56.220.479 von Ramses21 am 19.11.17 19:37:16

... Nachhaltig ist das entscheidende Wort !!! Jetzt war ein Test und der könnte x mal passieren...

[Ramses21]

Antwort auf Beitrag Nr.: 56.232.272 von krystallos am 21.11.17 09:15:19

Der Goldpreis muss natürlich auch mitspielen. 🙄

[krystallos]

Antwort auf Beitrag Nr.: 56.234.843 von Ramses21 am 21.11.17 13:27:09

Das ist Grundlegend dafür - Selbstverständlich !!!

[bigyawn]

Globe/wire say McEwen predicts $5K (U.S.)/ounce gold

2017-11-23 07:55 ET - In the News

The Globe and Mail reports in its Thursday, Nov. 23, edition that gold has bottomed out and may be set to soar, according to one of the industry's biggest bulls. A Bloomberg dispatch to The Globe reports that prices could surpass $5,000 (U.S.) an ounce in five years, from about $1,280 (U.S.) now, as investors seek returns amid a prolonged period of cheap money and use the metal as a haven from geopolitical and financial risk, McEwen Mining chief executive officer Rob McEwen said. If that happens, "there is going to be a tsunami of money looking for a place to go," he said in an interview from an industry conference in San Francisco. Lower-for-longer interest rates have fuelled bubbles in the stock, real estate and even art markets as investors seek out higher returns, Mr. McEwen said. While conventional wisdom is that a return to higher rates would make interest-bearing assets more attractive, he said gold should become more appealing as markets recalibrate. To be sure, Mr. McEwen said in September, 2016, that gold could trade in a range of $1,700 (U.S.) to $1,900 (U.S.) by the end of that year. The metal ended 2016 below $1,150 (U.S.) as the dollar surged.

© 2017 Canjex Publishing Ltd. All rights reserved.

[Ramses21]

Antwort auf Beitrag Nr.: 56.258.864 von bigyawn am 23.11.17 16:58:03

Die 5k erzählt der Rob aber schon länger.😨

[freddy1989]

Das stimmt schon vor einigen Jahren ist er von einem Goldpreis von 5000 Dollar ausgegangen oder zumindest 2300 da wäre Gold Fair bewertet.

Ich habe hier mal ein aktuelles Video Interview...

http://www.commodity-tv.net/?v=297999

[bigyawn]

ORIGINAL: McEwen Mining Announces Timmins Exploration Program and Funding

2017-12-01 09:26 ET - News Release

TORONTO, Dec. 01, 2017 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) (“McEwen”) is pleased to announce a strategic financing to accelerate exploration at our newly acquired properties near Timmins, Ontario.

“This significant commitment to exploration in 2018 is founded on our conviction that excellent exploration potential exist on our properties in the Timmins region,” said Rob McEwen, Chairman and Chief Owner.

The financing consists of a US$10,000,000 (Cdn$12,880,000) bought deal private placement offering (the “Offering”) of 4,000,000 flow-through common shares (within the meaning of subsection 66(15) of the Income Tax Act (Canada)) priced at US$2.50 (Cdn$3.22) per flow-through common share (the “Offering Price”) led by Cantor Fitzgerald Canada Corporation as sole bookrunner and including BMO Capital Markets, H.C. Wainwright & Co., LLC and GMP Securities L.P. (the “Underwriters”). The Offering Price represents a premium of 24.4% over the closing price of McEwen common shares on the NYSE as of November 30, 2017. The Offering is expected to close on or before December 19, 2017 (the “Closing”) and is subject to customary closing conditions, including approval from the TSX and NYSE.

McEwen intends to use the proceeds of this Offering exclusively for generative exploration activities on its properties in the Timmins region.

Planned Exploration Program Highlights

Since completing the purchase of the Black Fox Complex in early October, we are increasing our understanding of the great opportunities to grow existing resources and to make new and exciting mineral discoveries in the Timmins region. We see an opportunity to accelerate our exploration efforts by committing US$10 million in 2018 to conceptual and early stage targets, predominantly on the Black For property.

At the Black Fox mine deep exploration drilling below the bottom of the know mineralization is a high priority. Many mines in the region typically extend to depths of 1,200-1,600 meters below surface, while Black Fox currently hosts resources to a depth of only 880 meters. A program of deep directional exploration drilling from surface is currently underway. Lateral exploration to the northwest and southeast of the mine along the same geologic structure is also proposed, based on good geological and geophysical evidence to support the targets.

Tamarack is a zone rich in gold and zinc-lead-silver massive sulfide mineralization proximal to the Black Fox mine.

Other important target areas on the Black Fox property include the areas around the Froome and Grey Fox deposits, which are located 800 m to the West and 4 km to the South of the Black Fox mine, respectively. Froome currently has an underground indicated gold resource of 151,000 ounces at a grade of 5.5 gpt. Grey Fox currently has an open pit indicated gold resource of 345,000 ounces at a grade of 3.6 gpt, and an additional underground indicated gold resource of 323,000 ounces at a grade of 5.9 gpt.

About McEwen Mining

McEwen has the goal to qualify for inclusion in the S&P 500 Index by creating a profitable gold and silver producer focused in the Americas. McEwen’s principal assets consist of the San José mine in Santa Cruz, Argentina (49% interest), the El Gallo Gold mine and El Gallo Silver project in Mexico, the Black Fox mine in Timmins, Canada, the Gold Bar future mine in Nevada, and the Los Azules copper project in Argentina.

McEwen has a total of 333 million shares outstanding. Rob McEwen, Chairman and Chief Owner, owns 24% of McEwen.

QUALIFIED PERSON
Technical information pertaining to geology and exploration contained in this news release has been prepared under the supervision of Dean Crick and Sylvain Guerard. Mr. Crick and Mr. Guerard are a "qualified person" within the meaning of NI 43-101.

CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
This news release contains certain forward-looking statements and information, including "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements and information expressed, as at the date of this news release, McEwen Mining Inc.'s (the "Company") estimates, forecasts, projections, expectations or beliefs as to future events and results including, but not limited to, the closing of the Offering and the use of proceeds thereof. Forward-looking statements and information are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, risks and contingencies, and there can be no assurance that such statements and information will prove to be accurate. Therefore, actual results and future events could differ materially from those anticipated in such statements and information. Risks and uncertainties that could cause results or future events to differ materially from current expectations expressed or implied by the forward-looking statements and information include, but are not limited to, factors associated with fluctuations in the market price of precious metals, mining industry risks, political, economic, social and security risks associated with foreign operations, the ability of the corporation to receive or receive in a timely manner permits or other approvals required in connection with operations, risks related to fluctuations in mine production rates, risks associated with the construction of mining operations and commencement of production and the projected costs thereof, risks related to litigation, the state of the capital markets, environmental risks and hazards, uncertainty as to calculation of mineral resources and reserves, and other risks. The Company’s dividend policy will be reviewed periodically by the Board of Directors and is subject to change based on certain factors such as the capital needs of the Company and its future operating results. Readers should not place undue reliance on forward-looking statements or information included herein, which speak only as of the date hereof. The Company undertakes no obligation to reissue or update forward-looking statements or information as a result of new information or events after the date hereof except as may be required by law. See McEwen Mining's Annual Report on Form 10-K for the fiscal year ended December 31, 2016 and other filings with the Securities and Exchange Commission, under the caption "Risk Factors", for additional information on risks, uncertainties and other factors relating to the forward-looking statements and information regarding the Company. All forward-looking statements and information made in this news release are qualified by this cautionary statement.

The NYSE and TSX have not reviewed and do not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management of McEwen Mining Inc.
CONTACT INFORMATION:

Mihaela Iancu
Investor Relations
(647)-258-0395 ext 320
[e-mail]

Website: www.mcewenmining.com

Facebook: facebook.com/mcewenrob

Twitter: twitter.com/mcewenmining 150 King Street West
Suite 2800, P.O. Box 24
Toronto, Ontario, Canada
M5H 1J9
(866)-441-0690


© 2017 Canjex Publishing Ltd. All rights reserved.

[Ramses21]

Antwort auf Beitrag Nr.: 56.340.131 von bigyawn am 01.12.17 16:34:24

Der Kurs reagiert null Komma null.

[Maximum100]

Antwort auf Beitrag Nr.: 56.340.359 von Ramses21 am 01.12.17 16:51:53

Zitat von Ramses21: Der Kurs reagiert null Komma null.

Nachbörslich 4,59% plus

[Osito2011]

Das Ding bröckelt so vor sich hin...bald unter nem Euro...Minen sind mega-out....

[silversurfer87]

Und genau deshalb überlege ich nach der ZE nochmal aufzustocken.....Kaufen wenn die Kanonen Donnern und so

[Ramses21]

Antwort auf Beitrag Nr.: 56.392.309 von silversurfer87 am 07.12.17 16:21:31

Heute steigt die Aktie sogar Mal...wir werden sehen wie ihr die FED Entscheidung gleich gefallen wird. 🤔

[Ramses21]

Es läuft wieder besser beim Kurs, was mich natürlich freut. Ich warte geduldig auf höhere Kurse und die werden kommen hier.

[freddy1989]

Hallo ich wollte mich auch mal an der Diskussion hier beteiligen wünsche allen erstmal einen guten Rutsch in 2018....

Aktuelle Presentation

http://s21.q4cdn.com/390685383/files/doc_presentations/mcewe…

Dort hat man den aktuell gekauften Black Fox Complex mal so aufgeführt was der Vorbesitzer so an Geld investiert hat....

Wie kommt es das man so ein Projekt für 35 Millionen bekommt? der Vorbesitzer hat 560 Millionen investiert....

[Ramses21]

Antwort auf Beitrag Nr.: 56.365.701 von Osito2011 am 05.12.17 08:46:30

Die sind auch schnell wieder in.😁

[Streberleiche]

Antwort auf Beitrag Nr.: 56.576.938 von freddy1989 am 31.12.17 05:39:23

Ich haben einen Freund, der hat mehr als 500k seiner eigenen Kohle in ein wirklich tolles Medizinprodukt gesteckt, aber er wusste bis heute nicht, wie er das Produkt eigenständig vertreibt. Jetzt, wo er kaum noch Kohle hat, ist er bereit, 50% Anteile an das Produkt für gerademal 80k plus Know-how des Investors zu verkaufen. So kanns manchmal laufen.

[Popeye82]

Antwort auf Beitrag Nr.: 56.667.521 von Streberleiche am 09.01.18 22:06:28

Ich haben einen Freund, der hat mehr als 500k seiner eigenen Kohle in ein wirklich tolles Medizinprodukt gesteckt, aber er wusste bis heute nicht, wie er das Produkt eigenständig vertreibt. Jetzt, wo er kaum noch Kohle hat, ist er bereit, 50% Anteile an das Produkt für gerademal 80k plus Know-how des Investors zu verkaufen. So kanns manchmal laufen.
_______________________________________________________________________



Das ist interessant.
Ich glaube so(Summenunabhängig) geht Es (zu) "Vielen".
(Tiger gesprungen.................................)

[boersentrader02]

Ich will ihm das gerne glauben. Würde zumindest meinem Depot gut tuen.

McEwen sieht großes Potential im Goldsektor - enorme Zuflüsse sind "nur eine Frage der Zeit"
08:02 Uhr | Redaktion

Rob McEwen, der CEO des Bergbauunternehmens McEwen Mining, blickt optimistisch auf die Entwicklung der Edelmetallpreise und des Goldbergbaus in diesem Jahr. Wie Kitco News kürzlich berichtete, geht McEwen davon aus, dass der Goldsektor vom Abwärtstrend des US-Dollars sowie von einer Korrektur der Aktienmärkte profitieren kann.

Zunächst erwartet der Unternehmer jedoch erhöhte Volatilität, weil die vor Kurzem verabschiedete Steuerreform der Vereinigten Staaten den Dollar im ersten Quartal noch stützen könnte. Später im Jahr werde sich die US-Währung aufgrund des wachsenden Haushaltsdefizits aber voraussichtlich schwächer entwickeln. "Ich denke, es ist nur eine Frage der Zeit, bis wir einen starken Anstieg von Gold gegenüber dem Dollar sehen", sagte McEwen gegenüber Kitco News.


http://www.goldseiten.de/artikel/360776--McEwen-sieht-grosse…

[Ramses21]

Antwort auf Beitrag Nr.: 56.714.085 von boersentrader02 am 14.01.18 22:00:03

Der Rob ist ja ein Daueroptimist in Bezug auf Gold. Er sieht den Goldpreis ja bei $ 5000.

[bigyawn]

McEwen produces 152,329 AuEq oz in 2017

2018-01-15 08:04 ET - News Release

An anonymous director reports

MCEWEN MINING REPORTS 2017 FULL YEAR AND Q4 PRODUCTION RESULTS

McEwen Mining Inc.'s annual consolidated production in 2017 was 109,947 gold ounces and 3,178,742 silver ounces, or 152,329 gold equivalent ounces (1), at a gold to silver ratio of 75:1.




2017 CONSOLIDATED PRODUCTION SUMMARY

Guidance 2017 Q1 Q2 Q3 Q4

Gold ounces 109,500 109,947 20,096 22,191 19,051 48,609
Silver ounces 3,337,000 3,178,742 722,767 779,487 749,749 926,739
Gold eq. ounces 154,000 152,329 29,733 32,584 29,047 60,965

Q4 2017 highlights

El Gallo achieved production of 19,893 gold equivalent ounces in Q4, successfully recuperating lost production due to equipment failure in July.
Black Fox had a good first quarter after the transition to McEwen ownership, producing 14,279 gold equivalent ounces.
Financing for a $10-million exploration program in the Timmins region, focusing on the Black Fox complex.

El Gallo mine, Mexico

Production in 2017 was 46,694 gold equivalent ounces, compared with 55,266 gold equivalent ounces in 2016. The mine overcame a production shortfall stemming from a serious mechanical crusher failure at the end of July to achieve 93 per cent of the company's annual guidance.

In Q4, the mine produced 19,893 gold equivalent ounces, compared with 7,676 gold equivalent ounces during the same period in 2016. Production in Q4 was higher as a result of increased crushing capacity, readily available stockpile of ore from previous quarters and access to higher-grade portions of the orebody.

Black Fox mine, Canada

McEwen closed the purchase of the Black Fox complex on Oct. 6, 2017. During Q4, the mine produced 14,279 gold equivalent ounces from 79,046 tonnes processed at a grade of 6.47 grams per tonne gold. These results are in line with the company's production expectations set forth during the acquisition.

San Jose mine, Argentina (49 per cent (2))

The company's attributable production from San Jose in 2017 was 49,233 gold ounces and 3,159,352 silver ounces, for a total of 91,356 gold equivalent ounces. Compared with 2016, gold production was up 6 per cent and silver production was down 4 per cent.

In Q4, attributable production was 14,528 gold ounces and 919,898 silver ounces, for a total of 26,793 gold equivalent ounces.

Return of capital

The semi-annual return of capital of 0.5 cent per share will be paid on Feb. 14, 2018, to shareholders of record as of the close of business on Feb. 2, 2018. It will be paid to common shareholders of McEwen Mining from additional paid-in capital. For shareholders in the United States and Canada, return of capital is generally not taxed, however the company recommends you to obtain advice from a tax professional familiar with your specific situation.

Financial results

Operating costs for the quarter ended Dec. 31, 2017, will be released with the company's 10-K annual financial statements in late February, 2018.

Footnotes:

(1) Gold equivalent ounces are calculated based on a 75:1 gold to silver ratio.

(2) The San Jose mine is 49 per cent owned by McEwen Mining and 51 per cent owned and operated by Hochschild Mining PLC.

About McEwen Mining Inc.

McEwen has the goal to qualify for inclusion in the S&P 500 Index by creating a profitable gold and silver producer focused in the Americas. McEwen's principal assets consist of the San Jose mine in Santa Cruz, Argentina (49-per-cent interest), the El Gallo gold mine and El Gallo silver project in Mexico, the Black Fox mine in Timmins, Canada, the Gold Bar future mine in Nevada, and the Los Azules copper project in Argentina.

McEwen has a total of 337 million shares outstanding. Rob McEwen, chairman and chief owner, owns 24 per cent of McEwen.

Reliability of information regarding the San Jose mine

Minera Santa Cruz SA, the owner of the San Jose mine, is responsible for and has supplied to the company all reported results from the San Jose mine. McEwen Mining's joint venture partner, a subsidiary of Hochschild Mining PLC, and its affiliates other than MSC do not accept responsibility for the use of project data or the adequacy or accuracy of this release.

Technical information

The technical contents of this news release has been reviewed and approved by Nathan M. Stubina, PhD, PEng, FCIM, managing director and a qualified person as defined by Canadian Securities Administrator National Instrument 43-101 -- Standards of Disclosure for Mineral Projects.

We seek Safe Harbor.

© 2018 Canjex Publishing Ltd. All rights reserved.

[boersentrader02]

McEwen 2017 output fails to impress, but gold prices boost shares
Cecilia Jamasmie | about 5 hours ago | 240 | 0

El Gallo mine in Mexico achieved production of 19,893 gold equivalent ounces in Q4, successfully recuperating lost production due to equipment failure in July. (Image: McEwen Mining via Flickr.)

Shares in Canadian precious metals producer McEwen Mining (TSX, NYSE:MUX) were up Monday as gold prices touched the highest level since early September during the European trading session, and the company reported 2017 and Q4 results.

The Toronto-based company said it produced 109,947 gold ounces and 3,178,742 silver ounces, last year, roughly in line with full-year guidance of 109,500 ounces of gold and 3,337,000 silver ounces.

The firm’s El Gallo mine in Mexico achieved production of 19,893 gold equivalent ounces in Q4, successfully recuperating lost production due to equipment failure in July.
"McEwen Mining aims to make it to the Standard & Poor's 500 Index, which groups the 500 largest companies that list either in the NYSE or NASDAQ."

Canada’s Black Fox had a good three months following the transition to MUX ownership. The newly acquired properties near Timmins, Ontario, produced 14,279 gold equivalent ounces.

McEwen’s San José Mine, in Argentina, had one of the best performances last year compared to the company’s other operations. It produced was 49,233 gold ounces or 6% more than in 2016, though it yielded 3,159,352 silver ounces, down 4% from the previous year.

Rob McEwen, who built Goldcorp into a top gold producer before stepping down as CEO of the Vancouver company in 2005, told MINING.com in 2017 his goal was to take McEwen Mining to the Standard & Poor's 500 Index, which groups the 500 largest companies that list either in the NYSE or NASDAQ.

He noted he was giving himself two-to-three years to make that happen through a combination of organic growth in production as well as mergers and acquisitions.

The company has been moving in the right direction. In April, it acquired junior exploration company Lexam VG, which gave McEwen access to mineral properties in advanced exploration stage in the heart of Timmins Gold Camp, northern Ontario. And in October, it completed the acquisition of Black Fox.

Shares in the miner were up 1.68% to Cdn$ 3.03 at 9:32AM ET in Toronto, while they had jumped by 2.38% in New York, trading at $2.38 by 9:50AM ET.

http://www.mining.com/mcewen-2017-output-fails-impress-gold-…" target="_blank" rel="nofollow ugc noopener">http://www.mining.com/mcewen-2017-output-fails-impress-gold-…

[bigyawn]

McEwen Mining to spend $10M on Black Fox in 2018

2018-01-17 07:46 ET - News Release

Mr. Sylvain Guerard reports

MCEWEN MINING BLACK FOX 2018 EXPLORATION OUTLOOK

McEwen Mining Inc. acquired the Black Fox complex in October, 2017, in a strategic investment that increases its gold production, provides excess milling capacity and significantly expands its mineral resource base and exploration potential in the Timmins district of Canada. Exploration is the principal focus at Black Fox for 2018. A $10 million property-wide exploration program that will include approximately 330,000 feet (100,000 metres) of drilling is underway. The main objectives are to test for extensions of existing resources, follow-up on significant drill results, and to investigate new exploration targets.

The Black Fox Complex is composed of two land packages that cover 7 miles (11 km) along the prolific Porcupine-Destor Fault, known internationally as the {A ‘}Golden Highway'. The combined production from the purchased properties totals over 950,000 ounces of gold. The Black Fox mine was initially in production from 1997 to 2001. It was re-commissioned in 2009 and has operated continuously since then, producing a total of 821,000 ounces of gold from an open pit and underground mine. Although there is a history of exploration and production, the land packages appear underexplored to depth and along trends. The 2018 exploration budget has been almost tripled from the previous year and will consist of approximately 200,000 feet (60,000 m) of surface drilling and 130,000 feet (40,000 m) of underground exploration and delineation drilling.

"We are very pleased with the addition of the Black Fox Complex to our portfolio and to announce an aggressive exploration program to assess the full potential of the property.

Black Fox has all the criteria characteristic of great exploration projects including: prime location within a prolific mining region, high gold endowment, presence of high-grade mineralization, multiple prospective structural trends, as well as various styles of mineralization and host rock types.

Despite successful past exploration, the property remains largely under-explored and the upside potential is considered excellent. We anticipate that our 2018 exploration program will result in the growth of known deposits, and lead to new discoveries of gold and base metal mineralization." - Sylvain Guerard, Senior Vice-President Exploration.

When McEwen purchased the Black Fox Complex, the last release of exploration results had occurred one year earlier in Q3 2016, and there was a significant backlog of unassayed drill core. Therefore, this release includes the undisclosed results from late 2016 and 2017, along with new drill results generated since the purchase (see Tables 1 to 3 for complete drill information).

2017 Black Fox Mine Exploration Highlights

In 2017, Black Fox underground exploration was focused on extensions of existing resources proximal to the mine infrastructure, and areas below and along the flanks of the deposit where potential exists for new discoveries. Through this exploration program, several advanced development targets including the High Quartz (HQ), extensions of the Deep Central (DC), and the Far East zones, were brought into the conceptual mine plan. Additional exploration targets include the Far West, Gap, and deeper below the DC (see Figure 1).

High Quartz (HQ)

Drilling in the HQ, carried out from an exploration drift at the 1,700 ft (520 m) elevation, and targeting mineralization at the 2,000-2,600 ft (600-800 m) elevation, had positive results. Highlights of this drilling include:

Hole 520-EX286-05 grading 43.6 g/t gold over 1.61 m, 330 ft (100 m) west of the DC, centered on the 2,300 ft (700 m) elevation.

Deep Central (DC)

Exploration drilling was directed down plunge of the DC and tested for extensions at 2,600-4,000 ft (800-1200 m) elevation. This drilling proved technically challenging from available drill stations due to poor ground conditions. Highlights of this drilling include:

Hole 520-EX346-17 grading 7.2 g/t gold over 3.89 m at the 3,000 ft (910 m) elevation; and

Hole 520EX-346-23 grading 39.6 g/t gold over 5.13 m at the 2,700 ft (830 m) elevation.

Definition drilling within the known resource at the DC returned some notable results including:

Hole 680-F115-09 grading 77.3 g/t gold over 4.02 m (not true width) at the 2,800 ft (840 m) elevation; and

Hole 520-EX346-35 grading 29.5 g/t gold over 1.72 m at the 2,200 ft (675 m) elevation.

Down dip drilling (i.e. parallel to the mineralization) collared from development at the 2,400 ft (740 m) elevation was used to drill over 650 ft (200 m) below the modeled DC mineralization envelope. This method allowed rapid coverage vertically beneath existing mineralization and helped demonstrate continuity, while avoiding difficult ground conditions. Results were positive and will be followed-up with drilling focused across strike to delineate additional mineralization. Highlights of this drilling include:

Hole 740-L275-71, which had six significant intervals, including 41.0 g/t gold over 1.75 m, followed by 36.9 g/t gold over 6.1 m, and 27.2 g/t gold over 4.0 m, and 23.2 g/t gold over 1.56 m, and 223.7 g/t gold over 9.2 m, and 15.5 g/t gold over 1.25 m (not true widths).

Far East

Far East is a zone of mineralization plunging shallowly to the southwest and located 500 ft (150 m) east of the mine workings. Previous drilling was done at poor angles and was complicated by a swarm of diabase dykes cutting the mineralization. Recent drilling has intersected intense alteration, quartz carbonate veining, as well as sulfide and gold mineralization, which are all indicators of the potential for economic gold mineralization. Highlights of this drilling include:

Hole 520-EX662-07 grading 23.3 g/t gold over 3.00 m.

Gap

Recent drilling in the Gap, located between the East and West Black Fox mining zones above the 1,600 ft (490 m) elevation, intersected a mineralized zone between two vein swarms, returning encouraging results in two of seven holes. Highlights of this drilling include:

Hole 490-L164-83 grading 16.3 g/t gold over 4.54 m (not true width) at approximately the 1,500 ft (470 m) elevation; and

Hole 490-L164-87 grading 25.0 g/t gold over 1.00 m, followed by 25.6 g/t gold over 1.0 m, and 46.7 g/t gold over 1.84 m (not true widths) at approximately the 1,200 ft (370 m) elevation.

Far West

Drilling in the Far West was carried out from an exploration drift at the 1,700 ft (520 m) elevation, and targeted mineralization at the 2,000-2,600 ft (600-800 m) elevation. Results were positive, highlights of this drilling include:

Hole 520-EX290-02 grading 87.3 g/t gold over 1.15 m, located 1,000 ft (300 m) west of the DC and centered on the 675 m elevation; and

Hole 520-EX286-45 grading 80.3 g/t gold over 0.73 m at the 2,100 ft (650 m) elevation.

2018 Black Fox Complex Exploration Targets

Black Fox Deep

A deep directional drilling program from surface targeting potential extensions of mineralization down dip of the DC zone at 3,000-4,600 ft (900-1,400 m) depth is currently underway. The deepest mineral reserve at Black Fox is currently at the 2,750 ft (840 m) elevation, and the deepest mineral resource is at the 2,900 ft (880 m) elevation. The deepest DC drill intercept to-date was in Hole 520-EX346-28 grading 5.3 g/t gold over 1.45 m in a quartz vein with visible gold at the 3,450 ft (1,050 m) elevation.

Tamarack {A –} Intriguing Base Metals and Gold

The Tamarack zone is located southeast of the Black Fox open pit and contains significant gold and zinc-lead-silver massive sulfide mineralization. The zone starts near surface and appears to extend for 2,500 ft (760 m) vertical with a coherent dip at the contact between volcanic and sedimentary rock units (see Figure 2). As the Tamarack zone is open along strike and at depth, current exploration is focused on determining the distribution of gold and base metal zones and true size potential.

Five surface drill holes have recently been completed targeting base metal and gold mineralization. Hole 17BF-621, located down the dip of the near surface mineralization returned 23.6% zinc, 15.0% lead, 0.15 g/t gold, 277 g/t silver over 5.10 m (not true width).

Two underground drills were also mobilized, one targeting the down dip projection of the surface base metal and gold zone, and the second tracing the Deep Tamarack zone up dip at the 1,650 and 2,000 ft (500 and 600 m) elevations. Hole 520-EX582-45 located 260 ft (80 m) up dip of Deep Tamarack returned 5.6% zinc, 0.4% lead, 0.5 g/t gold and 9.8 g/t silver over 5.97 m, including 40.8% zinc over 0.37 m (not true width).

In 2017, six underground holes from the 1,700 ft (520 m) elevation were drilled to refresh the understanding of a tight cluster of historic holes that define the Deep Tamarack zone. Drill holes tested the 2,450 and 2,800 ft (750 and 850 m) elevations on approximately 160 ft (50 m) horizontal spacing around the historic holes. Significant intersections of gold and base metal mineralization (not always coincident) include:

Hole 520-EX582-40 grading 5.4 g/t gold over 4.70 m; and

Hole 520-EX584-42 grading 10.4 % zinc, 1.3% lead, 1.43 g/t gold, 18 g/t silver over 2.00 m (not true width) in semi-massive sulfide mineralization.

Froome Deposit

The Froome deposit is located 2,800 ft (850 m) to the West of the Black Fox open pit. It was discovered in 2014 and has a current Indicated resource of 151,000 gold ounces at a grade of 5.5 g/t. A drill program is focusing on extending the Froome deposit at depth. It will be executed in conjunction with geophysical methods to aid in vectoring towards mineralization. Lateral extensions will also be tested to follow up on prior significant lateral drill intersections to the northwest and southeast of the deposit (see Figure 3).

Drilling in late 2016 along strike 1,000 ft (300 m) northwest of Froome returned an excellent intersection in Hole 16PR-G214 grading 12.5 g/t gold over 22.0 m, including 61.1 g/t gold over 3.2 m (not true width). The follow up program of six holes intercepted significant gold values without repeating the high-grade assays, however the drilling supports the continuity of the host lithology and warrants additional drilling, which will be completed in 2018.

Grey Fox Deposit

Grey Fox has a current open pit and underground resource of 668,000 gold ounces at a grade of 4.4 g/t in the Indicated category, and 174,000 gold ounces at a grade of 4.2 g/t in the Inferred category. Exploration at Grey Fox in 2018 will drill test the depth extensions of high-grade portions of the deposit and along strike within the Grey Fox structural zone.

Stock Property

The Stock property (location of the Black Fox Stock Mill) is the site of the former Stock Mine, which produced 137,000 gold ounces at a grade of 5.5 g/t from an underground mine between 1989-2005. Exploration at Stock will start by validating a historical near surface zone of mineralization to the East of the mine.

Table 1 {A –} Black Fox Drilling: http://mcewenmining.com/files/doc_news/archive/20180117_blac…

Table 2 {A –} Froome Drilling: http://mcewenmining.com/files/doc_news/archive/20180117_blac…

Table 3 {A –} Tamarack Drilling: http://mcewenmining.com/files/doc_news/archive/20180117_blac…

ABOUT MCEWEN MINING

McEwen has the goal to qualify for inclusion in the S&P 500 Index by creating a profitable gold and silver producer focused in the Americas. McEwen's principal assets consist of: the San Jose mine in Santa Cruz, Argentina (49% interest); the El Gallo Gold mine in Mexico; the Black Fox mine in Timmins, Canada; the Gold Bar mine in Nevada, currently under construction; and the large Los Azules copper project in Argentina, advancing towards development.

McEwen has a total of 337 million shares outstanding. Rob McEwen, Chairman and Chief Owner, owns 24% of McEwen.

QUALIFIED PERSON

Technical information pertaining to geology and exploration contained in this news release has been prepared under the supervision of Dean Crick. Mr. Crick is a "qualified person" within the meaning of NI 43-101.

TECHNICAL INFORMATION

Black Fox Complex drilling was conducted by Norex Drilling supervised by McEwen's Geology Department. All exploration drill core samples at the Black Fox Complex were submitted as 1/2 core and analyses reported herein were performed by the independent laboratories: Accurassay Laboratories, which is ISO/IEC 17025 certified, ALS Laboratories, which is ISO 9001/IEC17025 certified, Activation Labs, which is ISO 9001/IEC17025 certified, SGS Canada Laboratories, which is ISO9001/IEC17025 certified, and Swastika Laboratories, which is ISO 17025 certified. Samples from definition and select delineation drilling, and development sampling completed within the Black Fox mine are assayed at McEwen's onsite laboratory. McEwen's quality control program includes systematic insertion of blanks, standard reference material and duplicates to ensure laboratory accuracy.

To determine the lengths of significant mineralised intervals, the following composite criteria was established: a minimum reportable interval length of 3 m was determined by establishing a cut off grade of 3.4 g/t Au for underground (1 g/t Au for near surface). A consecutive maximum length of 3 m of internal waste, including sub cut-off grade material, is allowed and incorporated into the reported composites. Where an interval of less than 3 m is considered, if the grade x length calculation is greater than 10, it may be reported. There is no top cutting or capping of assays.

We seek Safe Harbor.

© 2018 Canjex Publishing Ltd. All rights reserved.

[boersentrader02]

Bei diesem Kauf wird sich doch der "alte Fuchs " Rob McEwen nicht verkauft haben ?

Die hier aufgezeigten Ergebnisse sprechen eine andere Sprache als das was wir bisher zu diesem Goldfeld Black Fox von ihm gehört haben.

Hoffentlich werden die in diesem Jahr gebohrten Ergebnisse besser und sprechen dann wieder eine andere Sprache.

Ich will das für uns alle hoffen.



Chasing The Black Fox
Jan. 18, 2018 11:27 AM ET| 14 comments|

Hamlet Capital Gold

Summary

McEwen Mining expects exploration potential from the complex.

Latest drill results are lackluster.

McEwen's 2018 drilling program is more important than ever.

McEwen Mining (MUX) purchased the Black Fox Complex in Ontario from Primero Mining (PPP) in October, 2017, with a stated intention of expanding its gold exploration potential. Upon the purchase, a sizeable backlog of unassayed drill-core samples existed from Primero's extensive exploration program on the property. McEwen's release of those results, which includes samples from 2016 to its present program, casts some doubt on the property's potential.

McEwen released results from three areas of the complex: (1) targets adjacent to the existing deposits at the Black Fox Mine, (2) the Tamarack zone, about a kilometer southeast of the Black Fox open pit, and (3) the Froome resource, a deposit 850 meters west of the open pit.
Black Fox

Of these three areas, targets adjoining existing resources at the Black Fox Mine account for the bulk of samples. McEwen's new results include 141 holes, 85 of which contain no significant mineral values. Of the 56 remaining borings, 31 have an undetermined true width. While McEwen's release contains some eye-catching highlights, our drill result model demonstrated lackluster findings:Black Fox

https://static.seekingalpha.com/uploads/2018/1/17/6306411-15…" target="_blank" rel="nofollow ugc noopener">https://static.seekingalpha.com/uploads/2018/1/17/6306411-15…


Tamarack

Described by McEwen as "intriguing," no conclusions can be drawn from the Tamarack mineralization. Of 13 borings, six assays are pending and one has an undetermined true width. Potential base and precious metal resources derived from our model are as follows:Tamarack

https://static.seekingalpha.com/uploads/2018/1/17/6306411-15…


Froome

The results from the Froome deposit are perhaps the most surprising and encouraging for McEwen. Of 62 samples, 13 contain no significant values, and of the remaining 49, only eight have undetermined true widths. Froome has similar potential resource additions as Black Fox main with less than half the number of samples. Resource interpretation from our model is shown below:


https://static.seekingalpha.com/uploads/2018/1/17/6306411-15…



Conclusions

For a mine which has produced on average almost 100,000 ounces per year since its re-commissioning in 2009, a resource increase at Black Fox of between 12,000 and 25,000 ounces represents a life-of-mine extension measured only in weeks. This assumes that those resources will be converted into economic reserves, for which McEwen has no feasibility study prepared.

Results from the Froome deposit are relatively more promising than Black Fox main in terms of potential resource increases, but with a current resource of only 151,000 ounces, there is no guarantee that the project would ever be developed.

McEwen plans to drill an additional 100,000 meters throughout the Black Fox complex in 2018. For long-term viability of the property, McEwen will need to produce significantly better results before any feasible development plan can be forwarded.

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.


https://seekingalpha.com/article/4138371-chasing-black-fox?a…

[boersentrader02]

Lest euch auch die 14 Kommentare durch, die dort noch anhängen.

Ist sehr spannend was es dort zu lesen gibt.

[freddy1989]

!

Dieser Beitrag wurde von MODelfin moderiert. Grund: Bitte beachten Sie das Threadthema, Danke.

[freddy1989]

!

Dieser Beitrag wurde von CloudMOD moderiert. Grund: Diskussionen zu Moderationsentscheidungen gehören nicht in den Thread

[Ramses21]

Antwort auf Beitrag Nr.: 56.762.364 von boersentrader02 am 18.01.18 22:49:36

Und was gefällt dir nicht? Bei Black Fox gibt es noch große Bereiche welche überhaupt noch nicht untersucht sind und einiges bringen können. Bei Black Fox wurde ein Minenbetrieb sowie eine Jahresproduktion von ca 50k Unzen Gold gekauft. Und jetzt wird untersucht ob noch mehr zu holen ist.

[Ramses21]

Antwort auf Beitrag Nr.: 56.803.819 von Ramses21 am 23.01.18 18:15:36

Und ja bei Black Fox sind die Kosten aktuell zu hoch und müssen gesenkt werden. Mir gefällt gut bei McEwen das die Produktion nicht vorwärts verkauft wird. Da könnte in 2018 ein dickes Plus werden bei dieser Aktie.

[Ramses21]

Jeder Dollar mehr bleibt bei McEwen hängen.😎

[Antarius]

!

Dieser Beitrag wurde von CloudMOD moderiert. Grund: bitte das Threathema beachten

[freddy1989]

Antwort auf Beitrag Nr.: 56.824.900 von Antarius am 25.01.18 13:30:22

Ich habe mich verklickt und einen falschen Link eingesetzt ich wollte einen Vergleich ziehen zwischen 2 Minengesellschaften

Aber naja wenn das schon nicht verlaubt ist

[freddy1989]

Ich möchte auch nicht für andere Firmen werben das habe ich nie geschrieben

Wollte eigentlich einen Artikel aus der "Der Aktionär " zitieren aber das ist wahrscheinlich nicht erwünscht hier im Forum obwohl es über mc ewen mining ging....

Lieber nicht möchte nicht deswegen angegriffen werden

[Ramses21]

Antwort auf Beitrag Nr.: 56.824.900 von Antarius am 25.01.18 13:30:22

Find schon das man im Forum hier die Aktie von McEwen mit anderen vergleichen darf und auch sollte. Habe den gelöschten Beitrag aber nicht gelesen.

[freddy1989]

Danke Ramses ja man sollte sich austauschen....

Ich versuche jetzt die Form einzuhalten nicht das mein Beitrag gemeldet wird....

Laut dem Aktionär hat die Firma ein KGV von 40 ist das KGV nicht etwas hoch denke ein KGV von 20 ist günstig und ab dann wird es teuer?

Jedenfalls kenne ich das so bei anderen Werten....

[Antarius]

Antwort auf Beitrag Nr.: 56.825.545 von freddy1989 am 25.01.18 14:16:24

Dann probiere es noch mal mit dem richtigen Zitat und Link (könnte aber sein, dass wallstreet-online, der Admin, ihn dir raushaut, ist mir selbst (!) auch schon passiert hier auf DIESEM board)

[freddy1989]

Also ich probiere es nochmal

Es gibt in den aktuellen Ausgabe von der Aktionär einen interessanten Bericht über McEwen Mining.

Quelle: https://traderfox.de/aktien/68616-mcewen-mining-inc/

Börsenwert: 720,14 Mio. EUR

KGV bei 2016 34,14 und jetzt in 2017 über 40

Wie seht ihr das KGV ist das nicht sehr hoch für ein Minenunternehmen wie Mc Ewen Mining ?

Ich dachte immer eine Firma ist ab KGV 20 teuer bewertet....

[Ramses21]

Antwort auf Beitrag Nr.: 56.831.236 von freddy1989 am 25.01.18 20:29:51

Sind ja jetzt auch in 2018. 😁 Aber gutes ist nie billig zu bekommen. 🤓

[Antarius]

Antwort auf Beitrag Nr.: 56.831.236 von freddy1989 am 25.01.18 20:29:51

Dein Link verweist nicht auf den Artikel; den gibt es online (natürlich) nicht.
Einen Hinweis, daß es in der neuen Ausgabe event. etwas gäbe ist nur hier zu sehen:
https://www.deraktionaer.de/ausgabe/05-2018.htm?dId=05-2018&…

"Ausgabe 05/2018
26.01.2018
Der große DAX Check – Welche Aktien Sie jetzt kaufen müssen!

Neue Ausgabe: Der große DAX Check – Welche Aktien Sie jetzt kaufen müssen!
....
Weitere Themen im Heft:
...
Es ist angerichtet
Bereits zum Jahresauftakt geht es rund im Edelmetallsektor. First Majestic Silver schnappt sich Primero Mining, Leagold übernimmt Brio Gold. Das Übernahmekarussell nimmt Fahrt auf. Mit der Stärke des Goldpreises dürften einige Übernahmen folgen – zur Freude der Anleger.

...


es gäbe die Möglichkeit, daß Du den Artikel einscannst und ihn dann auf einen Webspace hochlädst, dann den Link dazu.
Damit dürftest du aber vermutlich erhebliche Schwierigkeiten wegen Copyright bekommen

Bei den "Aktienempfehlungen" des Aktionärs wäre ich (als Shortinvestor) sehr vorsichtig; ich kenne das Blatt aus "alten Neue Marktzeiten": da hatten sich entsprechende Leute VOR den Artikeln zu Aktienempfehlungen gut eingedeckt, um dann, als er erschien und die Aktien kurzzeitig !durch die Decke gingen, wieder rauszuhauen (da gab es außerdem auch noch keine Spekulationssteuer ); Turbodyne, Kinowelt und Co lassen aus den Gräbern grüßen ...😤

aber, uns als "Long" betrifft das ja nicht, gelle 😜

[Streberleiche]

Antwort auf Beitrag Nr.: 56.832.238 von Antarius am 25.01.18 21:41:10

Richtig. Der Aktionär war mir wegen seiner Praktiken damals auch immer ein Dorn im Auge.
Nur wird er bei den mittelgroßen bis großen Minen keinen Erfolg mit solchen Praktiken haben, da die Kurse der Werte in Übersee gemacht werden. Bei unbeachteten Pennystocks mag das anders aussehen.

Grüße
SL

[boersentrader02]

Wo soll das noch hingehen ?

Nächste Woche wird die halbjährliche Dividende gezahlt geht es dann noch weiter herunter ?

[krystallos]

Antwort auf Beitrag Nr.: 56.963.264 von boersentrader02 am 07.02.18 17:15:49

... na bei Gold selbst soll es wenn`s nach mir geht auf Punktgenau 1300 $ gehen und das als Sprungfeder danach gegen "Norden bis ca.1400 im ersten Zuge..."

... hier bei MUX ist mein Korrekturziel bei ca. 2.00 CAD$ abgearbeitet und dann soll es gerne fett nach oben ziehen, Welle 3 die kann krachen... ich hoffe !!!

"Optimisten sind die Menschen die auf den Wolken wandern unter denen die Pessimisten Trübsal blasen !"

[krystallos]

Antwort auf Beitrag Nr.: 56.977.862 von krystallos am 08.02.18 20:41:33

Zitat von krystallos: ... na bei Gold selbst soll es wenn`s nach mir geht auf Punktgenau 1300 $ gehen und das als Sprungfeder danach gegen "Norden bis ca.1400 im ersten Zuge..." Der Kleine Bruder Silber der für uns hier sehr von Bedeutung ist wird mitziehen und dann evtl. überperformen !

... hier bei MUX ist mein Korrekturziel bei ca. 2.00 CAD$ abgearbeitet und dann soll es gerne fett nach oben ziehen, Welle 3 die kann krachen... ich hoffe !!!

"Optimisten sind die Menschen die auf den Wolken wandern unter denen die Pessimisten Trübsal blasen !"

[krystallos]

Antwort auf Beitrag Nr.: 56.977.895 von krystallos am 08.02.18 20:43:44

An boersentrader02:

... Kannst du uns deine Fachmeinung zu MUX mitteilen ?!

Wurde mich freuen !

[krystallos]

Antwort auf Beitrag Nr.: 56.981.972 von krystallos am 09.02.18 10:29:49

Goldman Sachs veröffentlicht bullische Goldpreisprognose


08.02.2018 | Redaktion



Die Analysten von Goldman Sachs haben ihre Vorhersagen für die Entwicklung des Goldkurses in den nächsten drei, sechs und zwölf Monaten heute stark nach oben korrigiert. Dies meldete forexlive.com unter Berufung auf einen Bericht der Rohstoffexperten der Bank Michael Hinds und Jeffrey Currie.

Bislang hatte Goldman Sachs für dieses Jahr einen Rückgang und eine Stagnation der Goldpreise vorhergesagt und durchschnittliche Kurse im Bereich von 1.200 $ - 1.225 $ je Unze innerhalb der nächsten zwölf Monate prognostiziert.

Angesichts des stärkeren Wachstums der Schwellenländer und der positiven Entwicklung ihrer Währungen gegenüber dem zuletzt schwachen US-Dollar gehen die Analysten nun jedoch davon aus, das es am Goldmarkt künftig aufwärts geht. Ihre neuen Kursziele liegen bei 1.350 $ in drei Monaten, 1.375 $ in sechs Monaten und 1.450 $ in einem Jahr.

Unterstützend wird ihrer Einschätzung nach auch die wechselhafte Marktumgebung wirken, die dazu führen könnte, dass sich verunsicherte Investoren verstärkt durch Goldkäufe absichern.


© Redaktion GoldSeiten.de

[boersentrader02]

MCEwen hat gestern eine neue Präsentation veröffentöicht. Hier ist sie:

http://s21.q4cdn.com/390685383/files/doc_presentations/mcewe…" target="_blank" rel="nofollow ugc noopener">http://s21.q4cdn.com/390685383/files/doc_presentations/mcewe…


February 12, 2018
McEwen Mining Corporate PresentationDownload


PDF (PDF3.90 MB)

[Antarius]

McEwen Mining Updates Positive Feasibility Study for Gold Bar Mine, Nevada

http://www.mcewenmining.com/investor-relations/press-release…



Press Release Details
McEwen Mining Updates Positive Feasibility Study for Gold Bar Mine, Nevada
February 15, 2018

TORONTO, Feb. 15, 2018 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) (“McEwen Mining” or the “Company”) announces results of the updated Feasibility Study (“FS”) for its 100% owned Gold Bar Mine in Nevada. Construction has started on the Gold Bar Mine with a planned completion date in late 2018, and commercial production beginning in 2019. The FS was prepared by M3 Engineering & Technology Corp. (“M3”) of Tucson, Arizona, in accordance with the requirements of Canadian National Instrument 43-101 “Standards of Disclosure for Mineral Projects” (“NI 43-101”).

“We are excited that construction of the Gold Bar Mine is now underway. We have already invested over 10% of the total capital required to complete the project, and the balance will be financed with cash on hand, supplemented by a combination of debt, equipment leasing, and equity,” said Rob McEwen, Chairman and Chief Owner. “Exploration is advancing since the mine permits were received, and is already delivering encouraging results, which supports our belief that sustained exploration can extend the mine life,” he added.

“Key changes were made to the implementation strategy of the Gold Bar Mine with the primary goal of reducing overall project risk while maintaining the highest possible capital efficiency. The installation of a crushing and agglomeration plant increased the capital costs by about 30% over our 2015 estimate. However, this is offset by a 20% increase in total gold production. We believe the increase in the capital investment is prudent, and will result in improved gold recoveries and reliable ore leaching on the pad,” said Xavier Ochoa, President and Chief Operating Officer.

Highlights of the Feasibility Study(1)

Capital expenditure of $81 million (of which $9.7 million has been spent to Jan 31, 2018).
Project pay-back period of 3 years at $1,250/oz gold and 2.5 years at $1,350/oz gold.
After-tax IRR of 23% at $1,250/oz gold and 32% at $1,350/oz gold.
After-tax NPV-5% of $54 million at $1,250/oz gold and $87 million at $1,350/oz gold.
Average annual gold production of 62,800 oz at a cash operating cost of $770/oz.
Updated Reserve Estimate of 16.5 million tons at a gold grade of 0.029 oz/t (1.0 g/t) resulting in 397,700 oz of gold produced over 7 years.
Updated Resource Estimate of 629,000 oz M&I and 115,000 oz Inferred.
Recent exploration around planned pit limits has returned positive results including(2):
Hole GB255: 0.062 oz/t (2.1 g/t) gold over 125 ft. (38.1 m);
Hole GB262: 0.028 oz/t (1.0 g/t) gold over 85 ft. (25.9 m); and
Hole GB257: 0.040 oz/t (1.4 g/t) gold over 55 ft. (16.8 m).

Financial Analysis

The FS base case uses a gold price assumption of $1,250/oz and generates a life-of-mine (LoM) after-tax free cash flow of $150 million. FS results are disclosed on an after-tax basis. A summary of key economic metrics is provided below, along with a comparison to the previous 2015 study.

Table 1: Updated After-Tax Economic Sensitivity (2018 FS)
...
..
.

[boersentrader02]

Ob das für die Edelmetalle die Befreiung ist und sie ketzt den Weg nach oben finden werden ?

Endlich wurden diese Bänkstern für ihr schändliches Handeln bestraft. Für mich ist das Urteil aber viel zu gering ausgefallen.



Deutsche Bank, UBS und HSBC für Manipulation der Edelmetallmärkte mit Strafe belegt


https://www.goldseiten.de/artikel/363059--Deutsche-Bank-UBS-…

[Osito2011]

Antwort auf Beitrag Nr.: 57.063.099 von boersentrader02 am 19.02.18 18:24:16

Das sind doch " Peanuts" für die....

[Ramses21]

Antwort auf Beitrag Nr.: 57.063.741 von Osito2011 am 19.02.18 19:50:26

Ja das stimmt. Aber irgendwann platzt der Knoten und Gold kann auch vom Kartell nicht mehr runter geprügelt werden.

[Ramses21]

Heute gab es Zahlen für Q4 und 2017.

[freddy1989]

Hier mal der Ausblick

https://www.reuters.com/article/brief-mcewen-mining-sees-gol…

[bigyawn]

ORIGINAL: McEwen Mining Reports 2017 Full Year and Q4 Results

2018-02-22 06:00 ET - News Release

TORONTO, Feb. 22, 2018 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) today reported fourth quarter and full year results for the period ended December 31, 2017. For the year, McEwen Mining achieved production of 152,329 gold equivalent ounces(1)(“GEOs”). Our consolidated net loss for 2017 was $10.6 million(2), or $0.03 per share. Net cash outflow during the year from operating activities was $15.4 million, principally due to higher exploration, development and operating expenses associated with our long-term growth plans. As of February 21, 2018 the Company had cash, investments and precious metals of $60 million and no debt.

Our year end conference call will occur on Thursday, February 22nd at 11am EST. Details are provided below.

The table below provides production and cost results for the fourth quarter and year ended December 31, 2017, comparative results from last year, and production and cost guidance for 2018. For the SEC Form 10-K Financial Statements and MD&A refer to: http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CI…


Production and Costs
Q4 Full Year Full Year
2018 Guidance
2016 2017 2016 2017
Consolidated Production
Gold (oz) 20,336 48,609 101,481 109,947 128,000
Silver (oz) 838,768 926,739 3,303,709 3,178,742 3,225,000
GEOs(1) 31,520 60,965 145,529 152,329 171,000
El Gallo Mine, Mexico
GEOs(1) 7,675 19,893 55,265 46,694 32,000
Cash Cost ($/GEO)(1)(4) 699 1,135 524 791 650
AISC ($/GEO)(1)(4) 832 1,251 610 909 715
San José Mine, Argentina (49%)(3)
Gold (oz) 12,714 14,528 46,553 49,233 48,000
Silver (oz) 834,846 919,898 3,278,373 3,159,352 3,225,000
GEOs(1) 23,845 26,793 90,264 91,357 91,000
Cash Cost ($/GEO)(1)(4) 729 699 760 839 860
AISC ($/GEO)(1)(4) 970 828 954 1,027 1,110
Black Fox Mine, Canada(5)
GEOs(1) - 14,279 - 14,279 48,000
Cash Cost ($/GEO)(1)(4) - 865 - 865 1,025
AISC ($/GEO)(1)(4) - 1,319 - 1,319 1,210

Notes:

Silver and gold production are presented as gold equivalent ounces (GEOs). GEOs approximate prevailing spot prices at the beginning of the year. The silver to gold ratio used for 2016 and 2017 is 75:1.
All amounts are reported in US dollars unless otherwise stated.
Represents the portion attributable to us from our 49% interest in the San José Mine.
Earnings from mining operations, total cash costs, all-in sustaining costs (AISC), and cash, investments and precious metals are non-GAAP financial performance measures with no standardized definition under U.S. GAAP. See “Cautionary Note Regarding Non-GAAP Measures” for additional information, including definitions of these terms.
Since the Black Fox mine was acquired on October 6, 2017, only gold production from the mine after this date was included in the 2017 total.

The table below provides financial highlights for the year ended December 31, 2017, and comparative results from last year.
Financial Highlights

Year Ended
Dec 31, 2016 Year Ended
Dec 31, 2017
Treasury
Cash, Investments and Precious Metals ($ millions)(4) 58.8 68.1
Working Capital ($ millions) 58.0 49.2
Debt nil nil
Earnings from Mining Operations(4)
El Gallo Mine ($ millions) 34.1 22.1
San José Mine (49%) ($ millions) 30.5 24.5
Black Fox Mine ($ millions) - 2.2
Consolidated Net Income
Net Income (Loss) ($ millions) 21.1 (10.6)
Net Income (Loss) per Share ($) 0.07 (0.03)
Cash Flow
Net Cash Flow Provided (Used) in Operations ($ millions) 25.2 (15.4)

El Gallo Mine, Mexico (100%)

Production in 2017 was 46,694 GEOs, compared to 55,265 GEOs in 2016. The mine experienced a production shortfall of 7% relative to our guidance due to a serious mechanical crusher failure at the end of July. As a result, costs were higher than forecasted with cash costs of $791 per GEO and all-in sustaining costs (AISC) of $909 per GEO. Production and cost guidance for 2018 are for 32,000 GEOs at a cash cost and AISC of $650 and $715 per GEO, respectively.

Mining from the existing open pits will cease in the second quarter of 2018 while heap leaching activities are expected continue until 2020, or as long as it remains economical to do so. Currently we are mining from the levels in the pits where the ores are transitioning from oxide to sulfide, and will soon be unsuitable for heap leach gold recovery. In order to treat the sulfide ores we would need to build a new treatment facility. Our exploration has been encountering encouraging grades in sulfide ores, and an assessment of how best to treat them is underway in conjunction with our work on the nearby El Gallo Silver Project.

In 2017, we invested $5.6 million in near-mine and district scale exploration. Our 2018 exploration budget is $1.1 million.

El Gallo Silver Project, Mexico (100%)

During 2017, we took the opportunity to reexamine the feasibility study done in 2012 to identify opportunities to reduce initial capital investment required to start the project and to lower the estimated operating costs, while minimizing the impact on potential silver production levels. Alternative mill configurations, mine plans, and tailings deposition methods have been considered in an updated pre-feasibility study, which is expected to be completed in the second quarter of 2018.

In 2017, we invested $1.6 million in exploration and $0.7 million in feasibility and development initiatives. Our 2018 budget is $3.4 million to cover exploration and feasibility advancement.

Black Fox Mine, Canada (100%)

On October 6, 2017 we completed the purchase of Black Fox for $27.5 million in cash and the assumption of certain liabilities. It is an underground gold mine, which has produced a total of 835,000 ounces of gold since 1997. During the full years of 2016 and 2017 the mine produced approximately 62,000 and 65,000 ounces of gold, respectively. The Black Fox property is located along a prime 4.5 mile (7.2 km) section of the Destor-Porcupine Fault Zone, which is host to many world-class gold deposits. The property is already well endowed with gold mineralization and has very attractive geological potential.

We purchased the mine complex at a very attractive price of 6 cents on the dollar invested by the previous owner. The mine needs considerable work to better define its geology in order to develop a longer and lower cost per ounce production plan. We are working to improve Black Fox by expanding the resource and reserve base, bringing down the cost of production and ultimately increasing profitability. For 2018, we have budgeted a total of $5.3 million for sustaining and capital expenditures, and $11.5 million for exploration.

During Q4 2017, the mine produced 14,279 GEOs, in-line with our production expectations established during the acquisition. For 2017, total cash costs and AISC were $865 and $1,319 per GEO, respectively. Production and cost guidance for 2018 are for 48,000 GEOs at a cash cost and AISC of $1,025 and $1,210 per GEO, respectively.

San José Mine, Argentina (49%)

Our attributable production from San José in 2017 was 49,233 gold ounces and 3,159,352 silver ounces, for a total of 91,357 GEOs. Compared to 2016, gold production was up 6% and silver production was down 4%. For 2017, total cash costs and AISC were $839 and $1,027 per GEO, respectively.

During 2017 we received $12.2 million in dividends from our interest in San José. For 2018, we expect to continue to receive dividends in excess of $12 million, with the final amount being determined by the profitability, treasury position, and decisions on capital and exploration investments. Production and cost guidance for 2018 are for 91,000 GEOs at a cash cost and AISC of $860 and $1,110 per GEO, respectively.

For 2018, the operator of the San José mine has budgeted $2.3 million for exploration.

Los Azules Project, Argentina (100%)

The big development for Los Azules during 2017 was the new Preliminary Economic Assessment (“PEA”). The robust economics of the project were highlighted in our press release of September 7, 2017. The PEA model is for a large, long life, short payback copper project that provides us with considerable optionality to the copper price. The complete PEA report is available on the Company’s website (Los Azules PEA report: click here).

We invested $7.9 million at Los Azules during the 2016-2017 exploration season. For the 2017-2018 season we have budgeted $5.3 million to continue with further technical and environmental baseline analysis.

Gold Bar Mine, USA (100%)

Site preparation for the Gold Bar mine construction started immediately after we received our permits to construct and operate the mine in early November. Construction is forecast to be completed by the end of 2018 with commercial production starting in 2019.

On February 15, 2018, we announced the results of the new definitive Feasibility Study for Gold Bar. It incorporates current cost estimates and changes to the mine infrastructure compared to the previous 2015 feasibility study. A summary of the positive economics of the project is available on the Company’s website (Gold Bar FS results: click here), and the full technical report will be available on or before April 2, 2018.

During 2017, we spent $9.1 million on permitting, engineering, and site development activities (including making deposits on long lead time capital equipment) in preparation for project construction. For 2018, we have budgeted approximately $71 million for construction activities, subject to capital availability.

Capital Distributions

During the year ended December 31, 2017, the Company paid two semi-annual distributions on February 14 and August 17, totaling $0.01 per share of common stock, for a total distribution of $3.1 million. As a result of the Tax and Jobs Act, enacted on December 22, 2017, the Company incurred a one-time transition tax on earnings of certain foreign subsidiaries, that were previously tax deferred. Including our subsidiaries’ foreign earnings, the Company will be in a taxable income position for 2017. Consequently, the distributions made during 2017 have been re-characterized from returns of capital to taxable dividends. The Company will make the necessary tax withholding payments to the IRS, and shareholders will be taxed on the distributions as though they were dividends. We anticipate that distributions made during 2018 will be returns of capital rather than taxable dividends.

Conference Call and Webcast

We invite you to join our conference call, where management will discuss our 2017 financial results and project developments and follow with a question and answer session. Questions can be asked directly by participants over the telephone or can be emailed in advance to [e-mail].
Thursday, Feb 22nd, 2018
11:00 am ET Toll Free US & Canada: 1 [phone]
Outside US & Canada: 1 [phone]
Conference ID Number: 20 54 739
Webcast Link: https://edge.media-server.com/m6/p/vxbqrdga

An archived replay of the webcast will be available for one week after it takes place. Access the replay using the link https://edge.media-server.com/m6/p/vxbqrdga or calling [phone] (North America) / [phone] (International), Conference ID Number 2054739.

Management Focus on Operations

In order to better manage our expanded production and project base, Xavier Ochoa, our current President and Chief Operating Officer (COO), has elected to relinquish the title and responsibilities of President in order to focus solely on his roll as COO. Mr. Ochoa’s responsibilities as COO have expanded with the growing demands from our operations and projects and requires all of his time and attention. An executive search is underway to fill the roll of President. In the interim, Rob McEwen, Chairman and Chief Owner, will assume these responsibilities.

San José Resource and Reserve Update

The following are the audited mineral reserve and mineral resource estimates calculated by Hochschild Mining Plc (“Hochschild”), our joint venture partner, for the San José mine as at December 31, 2017. They do not account for depletion from 2018 production, or reserves delineated during 2018.

These figures, reported on a 100% basis, were prepared by Hochschild and audited by P&E Mining Consultants Inc. whose audit letter dated February 4, 2018, concluded that the estimates for the San José mine prepared by Hochschild at December 31, 2017 provide a reliable estimation of reserves and resources. The reserves as presented are in-situ and include mining dilution and mining losses, however they do not include allowances for mill or smelter recoveries.

The tables below summarize the Mineral Reserve and Mineral Resource estimates for the San José Mine.
San José Mine - Mineral Reserve Estimate, December 31, 2017
Reserve Category Tonnes
(000's) Gold Grade
(g/t) Silver Grade
(g/t) Contained
Gold (K oz) Contained
Silver (M oz)
Proven 973 6.99 490 219 15.3
Probable 434 6.74 384 94 5.4
Proven & Probable 1,407 6.92 457 313 20.7


San José Mine - Mineral Resource Estimate, December 31, 2017
Resource Category Tonnes
(000's) Gold Grade
(g/t) Silver Grade
(g/t) Contained
Gold (K oz) Contained
Silver (M oz)
Measured 1,580 8.37 583 425 29.6
Indicated 1,655 6.76 427 360 22.7
Measured & Indicated 3,235 7.55 503 785 52.3
Inferred 876 6.68 360 188 10.1

San José Resource and Reserve Notes:

Mineral resources are inclusive of mineral reserves.
Reserves and resources are stated on a 100% basis. McEwen Mining Inc. has a 49% attributable interest in the San José mine.
Mineral resources which are not mineral reserves, do not have demonstrated economic viability.
The quantity and grade of reported Inferred resources are uncertain in nature and there has been insufficient exploration to classify these Inferred resources as Measured or Indicated.
Mineral reserves were estimated by Hochschild Mining Plc using the CIM Standards on Mineral Resources and reserves, Definitions and Guidelines prepared by the CIM Standing Committee on Reserve Definitions. P&E Mining Consultants Inc. have audited the reserve estimates and found that they meet the requirements for disclosure as reserves under Canadian National Instrument 43-101 (NI 43-101) and the Joint Ore Reserves Committee of the Australian Institute of Mining and Metallurgy ("JORC") as well as the US Securities and Exchange Commission Industry Guide 7.
Mineral Resources were estimated by Hochschild Mining Plc using the CIM Standards on Mineral Resources and Reserves, Definitions and Guidelines prepared by the CIM Standing Committee on Reserve Definitions. P&E Mining Consultants Inc. have audited the resource estimates and found that they meet both the requirements for Canadian disclosure under NI 43-101 and JORC.
Resource estimations utilized inverse distance and ordinary kriging methods depending upon data density.
Metal prices used were US$1,200/oz for gold and US$16.50/oz for silver.
For reserves average internal dilution was 6%, average mining and geotechnical dilution was 33% and mine extraction was 58%.
Resources for 2017 were defined at a cut-off grade of 252 gpt silver equivalent, which is equivalent to a cut-off value of US$133.65/tonne.
For additional information about the San José mine refer to the NI 43-101 technical report titled: "Technical Report on San José Silver-Gold Mine, Santa Cruz, Argentina" dated August 15, 2014 with an effective date of December 31, 2013.

ABOUT MCEWEN MINING

McEwen has the goal to qualify for inclusion in the S&P 500 Index by creating a profitable gold and silver producer focused in the Americas. McEwen’s principal assets consist of: the San José mine in Santa Cruz, Argentina (49% interest); the El Gallo Gold mine in Mexico; the Black Fox mine in Timmins, Canada; the Gold Bar mine in Nevada, currently under construction; and the large Los Azules copper project in Argentina, advancing towards development.

McEwen has a total of 337 million shares outstanding. Rob McEwen, Chairman and Chief Owner, owns 24% of the shares.

QUALIFIED PERSON
The technical contents of this news release has been reviewed and approved by Xavier Ochoa, Chief Operating Officer of McEwen Mining and a Qualified Person as defined by Canadian Securities Administrators National Instrument 43-101 "Standards of Disclosure for Mineral Projects".

TECHNICAL INFORMATION FOR SAN JOSÉ
The technical content of this news release has been reviewed and approved by Eugene Puritch P. Eng., President of P&E Mining Consultants Inc. An independent audit of the December 31, 2017 resource and reserve estimates was carried out by James Pearson, P.Eng., Douglas Feasby, P.Eng., David Robinson, P.Eng., David Burga, P.Geo. and Fred Brown, CPG, PrSciNat, P.Geo. under the direction of P&E President Eugene Puritch, P.Eng., FEC, CET. Each of the foregoing is a Qualified Person and independent of the Corporation, in each case, within the meaning of NI 43-101 and Competent Persons under JORC. A site visit to the San José mine was carried out by two of these individuals on January 10, 2018. No issues with the mineral reserve or mineral resource estimate were identified during or since the site visit.

RELIABILITY OF INFORMATION REGARDING SAN JOSÉ
Minera Santa Cruz S.A., the owner of the San José Mine, is responsible for and has supplied to the Company all reported results from the San José Mine. McEwen Mining’s joint venture partner, a subsidiary of Hochschild Mining plc, and its affiliates other than MSC do not accept responsibility for the use of project data or the adequacy or accuracy of this release.

CAUTIONARY NOTE TO US INVESTORS REGARDING RESOURCE ESTIMATION
McEwen Mining prepares its resource estimates in accordance with standards of the Canadian Institute of Mining, Metallurgy and Petroleum referred to in Canadian National Instrument 43-101 (NI 43-101). These standards are different from the standards generally permitted in reports filed with the SEC. Under NI 43-101, McEwen Mining reports measured, indicated and inferred resources, measurements, which are generally not permitted in filings made with the SEC. The estimation of measured resources and indicated resources involve greater uncertainty as to their existence and economic feasibility than the estimation of proven and probable reserves. U.S. investors are cautioned not to assume that any part of measured or indicated resources will ever be converted into economically mineable reserves. The estimation of inferred resources involves far greater uncertainty as to their existence and economic viability than the estimation of other categories of resources.

CAUTIONARY NOTE REGARDING NON-GAAP MEASURES
In this report, we have provided information prepared or calculated according to U.S. GAAP, as well as provided some non-U.S. GAAP ("non-GAAP") performance measures. Because the non-GAAP performance measures do not have any standardized meaning prescribed by U.S. GAAP, they may not be comparable to similar measures presented by other companies.

Total Cash Costs and All-in Sustaining Costs
Total cash costs consist of mining, processing, on-site general and administrative costs, community and permitting costs related to current explorations, royalty costs, refining and treatment charges (for both doré and concentrate products), sales costs, export taxes and operational stripping costs. All-in sustaining cash costs consist of total cash costs (as described above), plus environmental rehabilitation costs, amortization of the asset retirement costs related to operating sites, sustaining exploration and development costs, and sustaining capital expenditures. In order to arrive at our consolidated all-in sustaining costs, we also include corporate general and administrative expenses. Depreciation is excluded from both total cash costs and all-in sustaining cash costs. For both total cash costs and all-in sustaining costs we include our attributable share of total cash costs from operations where we hold less than a 100% economic share in the production, such as MSC, where we hold a 49% interest. Total cash cost and all-in sustaining cash cost per ounce sold are calculated on a co-product basis by dividing the respective proportionate share of the total cash costs and all-in sustaining cash costs for the period attributable to each metal by the ounces of each respective metal sold. We use and report these measures to provide additional information regarding operational efficiencies both on a consolidated and an individual mine basis, and believe that these measures provide investors and analysts with useful information about our underlying costs of operations. A reconciliation to the nearest U.S. GAAP measure is provided in McEwen Mining's Annual Report on Form 10-K for the year ended December 31, 2017.

Earnings from mining operations
The term Earnings from Mining Operations used in this report is a non-GAAP financial measure. We use and report this measure because we believe it provides investors and analysts with a useful measure of the underlying earnings from our mining operations. We define Earnings from Mining Operations as Gold and Silver Revenues from our El Gallo Mine and our 49% attributable share of the San José Mine's Net Sales, less their respective Production Costs Applicable to Sales. To the extent that Production Costs Applicable to Sales may include depreciation and amortization expense related to the fair value increments on historical business acquisitions (fair value paid in excess of the carrying value of the underlying assets and liabilities assumed on the date of acquisition), we deduct this expense in order to arrive at Production Costs Applicable to Sales that only include depreciation and amortization expense incurred at the mine-site level. The San José Mine Net Sales and Production Costs Applicable to Sales are presented, on a 100% basis, in Note 5 of McEwen Mining's Annual Report on Form 10-K for the year ended December 31, 2017.

Cash, investments and precious metals
The term cash, investments and precious metals used in this report is a non‑GAAP financial measure. We report this measure to better understand our liquidity in each reporting period. Cash, investments and precious metals is calculated as the sum of cash, investments and ounces of doré held in inventory, valued at the London P.M. Fix spot price at the corresponding period. A reconciliation to the most directly comparable U.S. GAAP measure, Sales of Gold and Silver, is provided in McEwen Mining's Annual Report on Form 10-K for the year ended December 31, 2017.

CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
This news release contains certain forward-looking statements and information, including "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements and information expressed, as at the date of this news release, McEwen Mining Inc.'s (the "Company") estimates, forecasts, projections, expectations or beliefs as to future events and results. Forward-looking statements and information are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, risks and contingencies, and there can be no assurance that such statements and information will prove to be accurate. Therefore, actual results and future events could differ materially from those anticipated in such statements and information. Risks and uncertainties that could cause results or future events to differ materially from current expectations expressed or implied by the forward-looking statements and information include, but are not limited to, factors associated with fluctuations in the market price of precious metals, mining industry risks, political, economic, social and security risks associated with foreign operations, the ability of the corporation to receive or receive in a timely manner permits or other approvals required in connection with operations, risks associated with the construction of mining operations and commencement of production and the projected costs thereof, risks related to litigation, the state of the capital markets, environmental risks and hazards, uncertainty as to calculation of mineral resources and reserves, and other risks. The Company’s dividend policy will be reviewed periodically by the Board of Directors and is subject to change based on certain factors such as the capital needs of the Company and its future operating results. Readers should not place undue reliance on forward-looking statements or information included herein, which speak only as of the date hereof. The Company undertakes no obligation to reissue or update forward-looking statements or information as a result of new information or events after the date hereof except as may be required by law. See McEwen Mining's Annual Report on Form 10-K for the fiscal year ended December 31, 2017 and other filings with the Securities and Exchange Commission, under the caption "Risk Factors", for additional information on risks, uncertainties and other factors relating to the forward-looking statements and information regarding the Company. All forward-looking statements and information made in this news release are qualified by this cautionary statement.

The NYSE and TSX have not reviewed and do not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management of McEwen Mining Inc.
CONTACT INFORMATION:
Mihaela Iancu
Investor Relations
(647)-258-0395 ext 320
[e-mail]
Website: www.mcewenmining.com

Facebook: facebook.com/mcewenrob

Twitter: twitter.com/mcewenmining

Instagram: instagram.com/mcewenmining
150 King Street West
Suite 2800, P.O. Box 24
Toronto, ON, Canada
M5H 1J9
(866)-441-0690

© 2018 Canjex Publishing Ltd. All rights reserved.

[boersentrader02]

Die aktuelle Tefefon-Konferenz von der McEwen Mining Comp. am 22.2.2018

McEwen Mining's (MUX) CEO Robert McEwen on Q4 2017 Results -
Earnings Call Transcript
Feb. 26, 2018 1:59 PM ET|

2 comments|
About: McEwen Mining Inc. (MUX)
FY: 02-22-18 Earnings Summary

EPS of $-0.03
Revenue of $67.72M (+ 12.1% Y/Y)

McEwen Mining Inc. (NYSE:MUX) Q4 2017 Earnings Conference Call February 22, 2018 11:00 AM ET

Executives

Rob McEwen - Executive Chairman and Chief Owner
Andrew Elinesky - Chief Financial Officer
Sylvain Guerard - Senior Vice President-Exploration
Simon Quick - Vice President-Projects

Analysts

Mike Kozak - Cantor Fitzgerald
Heiko Ihle - H.C. Wainright
Jake Sekelsky - Roth Capital Partners
John Tumazos - John Tumazos Very Independent Research

Operator

Good day, ladies and gentlemen, and welcome to the McEwen’s Fourth Quarter and Year End Financial Results Conference Call. [Operator Instructions] And as a reminder, this conference may be recorded.

I would now like to turn the conference over to Mr. Rob McEwen, Chairman and Chief Owner. Sir, you may begin.

Rob McEwen

Thank you very much, operator. Good morning, fellow shareowners and investors. Today we’ll be discussing our 2017 year end results, financial and operational. And we’ll also be sharing our plans for 2018. During 2017 we invested in our future growth as part of our strategy for growth we focused on advancing in two of the most prolific gold neighborhoods in the world. These advancements will not only shape 2018, but bring us to qualifying for inclusion in the S&P 500 Index.


Unter diesen Link gibt es den Rest dieser Telefonkonferenz zu lesen:

https://seekingalpha.com/article/4150790-mcewen-minings-mux-…

[boersentrader02]

Hier könnt ihr die Gegenseite lesen, die sehr wenig von McEwen Mining hält.

wenn ihr dieses gelesen habt, hoffe ich das es MUX immer noch geben wird ?


Resource Sector Digest: McEwen Magic Wearing Thin
Feb. 28, 2018 8:12 AM ET|
9 comments|


Summary

McEwen's Gold Bar not living up to its name.
Southern Copper bets big on PerNewcrest bets on Ecuador.

This idea was discussed in more depth with members of my private investing community, Itinerant Musings.

Rob McEwen is facing an uphill battle to reach his stated goal. This is the next edition of
Resource Sector Digest.

(Vol. 119 - February 26, 2018)

Brought to you by Itinerant and The Investment Doctor.

In case you missed out on previous editions of this newsletter, simply click here, here or here to catch up.
Setting The Scene

McEwen Mining (MUX) updated its feasibility study (or FS) for the Gold Bar project last week, and if you hadn't liked its 2015 pre-decessor, then little reason to change your mind was provided by the latest incarnation of this heap leach project located at the southern end of the Cortez trend in Nevada.

McEwen increased the gold price assumption for the new economic analysis from $1,150/oz in the 2015 study to $1,250/oz; and thereby managed to increase the NPV(5%) from $30M in the 2015 study to $54M in the update. That's a small project by any measure, and Itinerant Musings members rightfully questioned its viability considering the upfront capital requirement of $80.8M. The slight increase of the IRR to 23% did little to alleviate the concerns. One has to wonder why McEwen even bothers with marginal ventures like this.


https://seekingalpha.com/article/4151621-resource-sector-dig…

[meichel]

Antwort auf Beitrag Nr.: 57.040.776 von Antarius am 16.02.18 10:14:32

@Antarius:

...immer wieder das gleiche Spiel, zittrige Hände rauskegeln.

Seit Jahren !!!

[meichel]

"Auch wenn es beim Blick auf über die in den letzten Monaten frustrierende Entwicklung kaum vorstellbar erscheint: Es verdichten sich zunehmend Signale, die darauf hindeuten, dass uns mit Gold- und Rohstoffaktien schon bald Kursanstiege bevorstehen könnten, die dem jüngsten Hype in Kryptowährungen in nichts nachstehen."




https://www.goldseiten.de/artikel/367385--Globale-Schuldenbo…

[boersentrader02]

Ob diese News den Kurs der Mux-Aktie wieder helfen kann den Weg nach oben zu veranlassen ?

Kupfer scheint hell für mcewen Bergbau – verbesserte Wirtschaftlichkeit los zu bitcoin Linux

TORONTO, 7. September 2017 (GLOBE NEWSWIRE) – McEwen Mining Inc. (MUX) (MUX) freut sich, die Ergebnisse einer neuen Preliminary Economic Assessment (PEA) auf dem zu 100% im Besitz von Los Azules Kupferprojekt bekannt zu geben. Die Ergebnisse der 2017 PEA zeigen, dass Los Azules ist ein robuster, hoher Marge, schnelle Amortisierung und langlebiger Tagebau auf dem derzeitigen Kupfer, Gold und Silberpreise.

Die 2017 PEA wurde von Hatch Ltd., einem globalen multidisziplinären Management, Engineering und Entwicklung Beratung für die Führung im Bergbau Innovation bekannt sind, hergestellt, unter der Leitung von Donald Brown C. P Geld verdienen von Bitcoin. Eng (Senior Vice President of Projects für McEwen Mining) mit Beiträgen von anderen Branchenspezialisten.

Die Reformen von der Regierung von Argentinien unter der Führung von Präsident Macri eingeführt Bergbau-Investitionen durch die Abschaffung von Abgaben auf exportierte Mineralkonzentraten waren ein Schlüsselfaktor Antrieb den neuen PEA für Los Azules zu fördern.


http://bitcoinge.pw/kupfer-scheint-hell-fr-mcewen-bergbau-ve…" target="_blank" rel="nofollow ugc noopener">http://bitcoinge.pw/kupfer-scheint-hell-fr-mcewen-bergbau-ve…

[boersentrader02]

Zwei bekannte Minenbosse raten hier der Allgemeinheit sich Denkanstößen

nicht zu verschließen wenn die EZB den Geldhahn zudreht.

Ob sie das tuen wird ist eine andere Frage.


Höchste Zeit für wichtige Denkanstöße
11.03.2018 | Manfred Gburek
Der Berg kreißte - und gebar eine Maus: Die EZB will ihre umstrittenen Anleihekäufe bezüglich Umfang und/oder Dauer im Zweifel nicht mehr ausweiten, ließ ihr Chef Mario Draghi am vergangenen Donnerstag verlauten. Allerdings konnte er sich nicht durchringen, die umstrittene Verbindung der Anleihekäufe mit dem Inflationsziel von etwas unter 2 Prozent zu kappen, eine Verbindung, die jeder wissenschaftlichen Grundlage entbehrt. Kurzum, der Berg wird noch eine Weile weiter kreißen.


https://www.goldseiten.de/artikel/368235--Hoechste-Zeit-fuer…

[Ramses21]

Antwort auf Beitrag Nr.: 57.251.527 von boersentrader02 am 12.03.18 12:19:18

Das mit Los Azules ist doch alles Zukunftsmusik. Mit Gold muss Geld verdient werden bei Mux. Aber aktuell ist die Aktie nicht angesagt.

[Antarius]

Gold Bar construction is on track

https://mailchi.mp/mcewenmining/gold-bar-construction-photo-…

Dear Shareholders,

Gold Bar construction is on track, with the anticipated completion in 2018 and commercial production in 2019. Primary activities during the first quarter have focused on finishing civil works related to the heap leach pad, solution and event ponds, as well as all site infrastructure, in preparation for major equipment and material deliveries in the second quarter.

Looking forward into April, May, and June, the following activities will advance the construction:
Completion of site-wide civil foundations;
Solution and event pond liners installation;
Site delivery of capital equipment and materials that include: office buildings, temporary concrete batch plant, and crushing/conveying system;
Leach pad construction to continue: haul & place native clay liner, receive and install geosynthetic liner, and place crushed cover-liner;
Mine development access roads and pre-stripping works will be initiated.
Below are 3 photos of Gold Bar construction progress.
...
..
.

[boersentrader02]

Und Rob will weiter für die Zukunft vorsorgen. Nur darum will er weitere Goldfelder . . . .

. . . . versuchen dazu zu kaufen. Ob es ihm geliegt wird sich am 27.4. 2018 zeigen.

Dem Einkauf dieses Gold-Feldes nach zu urteilen, welches ja nur ca. 850.000 € kostet, muß er noch sehr viel auf diesem Feld explorieren um die entsprechenden Gold- und Silber-Unzen zu finden um eine Wertsteigerung für das Unternehmen und natürlich auch für uns Klein-Aktionäre vorzeigen zu können.

Warten wir ab, es wird sich wohl bald zeigen, oder auch nicht ?


Romios Gold to sell Timmins Hislop to McEwen Mining

2018-04-03 09:28 ET - News Release

Mr. Tom Drivas reports

ROMIOS SIGNS LETTER AGREEMENT WITH MCEWEN MINING TO SELL TIMMINS HISLOP PROPERTY

Romios Gold Resources Inc. has signed an agreement with McEwen Mining Inc. to sell the company's Timmins Hislop property in Hislop township in the Matheson gold camp, Ontario, for $500,000 worth of common shares of McEwen Mining, priced at the weighted average closing price of such shares on the New York Stock Exchange for the five trading days preceding the closing of the transaction. Romios will also retain a 2-per-cent net smelter returns royalty in the Roger gold property. McEwen Mining will have the right at any time to purchase a 1-per-cent NSR from the company for $2-million.

The letter agreement is subject to the execution of a definitive purchase agreement on or before April 27, 2018, the completion of satisfactory due diligence by McEwen Mining, and the customary and agreed-upon representations, warranties, covenants and conditions for a transaction of this nature.

About Romios Gold Resources Inc.

Romios Gold Resources is engaged in precious and base metal exploration primarily focused on gold, silver and copper in its properties in the Golden Triangle area, northwestern British Columbia. In addition to the Lundmark-Akow Lake and Hislop properties in Ontario, Romios has other property interests in Quebec and Nevada.


https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aRG-25895…

[boersentrader02]

Gegenüber dem letzten Jahr ist das eine Verdoppelung des Ergebnisses. Und was machte der Kurs ?

Ihr seht es ja selbst.



McEwen Mining Reports Q1 2018 Production Results
April 16, 2018
Download this Press Release PDF Format (opens in new window)

TORONTO, April 16, 2018 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) reports consolidated production for Q1 2018 of 35,069 gold ounces and 695,651 silver ounces, or 44,344 gold equivalent ounces(1) (“GEOs”), using a 75:1 gold to silver ratio.

Consolidated Production Summary
Q1 ‘18 Q4 ‘17 Q3 ‘17 Q2 ‘17 Q1 ‘17
Gold ounces 35,069 48,609 19,051 22,191 20,096
Silver ounces 695,651 926,739 749,749 779,487 722,767
GEOs 44,344 60,965 29,047 32,584 29,733


Highlights of the first quarter from our three producing mines and our newest mine in Nevada, which is under construction, are as follows:

Gold Bar Mine, USA (100%)

Construction activities at Gold Bar focused on finishing civil works related to the heap leach pad, ponds and site infrastructure, in preparation for major equipment and material deliveries in the second quarter. Construction is advancing on schedule for completion by the end of 2018. During the first three years of operation beginning in 2019 Gold Bar is projected to produce 55,000, 74,000 and 68,000 ounces of gold respectively.

Black Fox Mine, Canada (100%)

Black Fox produced 12,078 GEOs, in line with our full year production guidance for 2018 of 48,000 GEOs. A $12 million exploration program is ongoing across the Black Fox Complex, drilling results and other developments will be released quarterly, with the next update anticipated by the end of April.

A new technical report and resource/reserve estimates for the Black Fox Complex was published on April 6, 2018. The complete report, with an effective date of October 31, 2017, is available on the Company’s website and on www.sedar.com. For comparative purposes the previous resource/reserve estimates by the former property owner had an effective date of December 31, 2016. The new mineral resource estimate for the Black Fox Mine resulted in a 40% increase in gold resource in the Indicated category to 538,000 ounces, and a decrease of 2% in the Inferred category to 44,000 ounces (see Table i). The overall increase is mainly attributable to improvements in methodology used to constrain high and low-grade domains within lithological and alteration envelopes. This significantly reduced internal dilution that previously resulted in the exclusion of potential resource. Additionally, capping grades and variography parameters were reviewed and tailored to each domain.

The new mineral reserve estimate for the Black Fox Mine resulted in a 2% increase in Proven and Probable gold reserves to 113,000 ounces (see Table ii).

Resource estimates for the Froome and Grey Fox deposits were also updated. The new Froome resource estimate is in line with the previous estimate. At Grey Fox, the updated resource considered a potential underground mining scenario (previously open pit and underground) and was calculated using additional drill hole data, updated geological and structural interpretations and tighter controls on the estimation process. Comparing underground resources only, gold resource in the Indicated category increased by 44% to 465,000 ounces, and the Inferred category decreased by 32% to 100,000 ounces.

El Gallo Mine, Mexico (100%)

El Gallo produced 12,217 GEOs, in line with our budget and full year production guidance for 2018 of 32,000 GEOs. Mining from the existing open pits will cease in Q2, while heap leaching activities are expected continue until 2020, or as long as it remains economical to do so. Operating expenses will diminish significantly in Q2, while gold production will decline more gradually, resulting in an overall reduction in cost per ounce produced for the balance of 2018.

San José Mine, Argentina (49%)

Our attributable production from San José was 10,822 gold ounces and 692,052 silver ounces, for a total of 20,049 GEOs. Production at San José in the first quarter is typically lower than other quarters due to regularly scheduled maintenance, however the mine is on-track to achieve our full year guidance for 2018 of 91,000 GEOs. We received approximately $5 million in dividends from our interest in San José during Q1, and with spot gold and silver prices significantly above budget, we expect to continue to receive dividends in each of the subsequent quarters.

First Quarter Financial Results

Operating costs for the quarter ended March 31, 2018 will be released with our 10-Q Quarterly Financial Statements in early May. As of April 6, 2018 we are debt-free with liquid assets of approximately $52 million.

Table i: Mineral Resource Statement, Black Fox Complex, SRK Consulting (Canada) Inc., October 31, 2017

Diese Zahlen findet ihr unter diesem Link:

http://www.mcewenmining.com/investor-relations/press-release…

[freddy1989]

Antwort auf Beitrag Nr.: 57.557.649 von boersentrader02 am 16.04.18 21:07:19

Leider reagiert der Kurs gar nicht...wie seht ihr die Zahlen? ganz stark bei der Firma ist das sie Schuldenfrei ist eine seltenheit in der Bergbau Branche

https://www.minenportal.de/artikel.php?sid=38721#McEwen-Mini…

McEwen Minig Inc. veröffentlichte gestern die konsolidierten Produktionszahlen der Monate Januar bis März 2018. Im Vergleich zum vorangegangenen Quartal war sowohl die Gold- als auch die Silberproduktion rückläufig; gegenüber dem ersten Quartal 2017 wurde jedoch ein Anstieg der Goldproduktion gemeldet.

Insgesamt förderte das Unternehmen in den drei Monaten rund 35.100 oz Gold und 696.000 oz Silber. Dies entsprach basierend auf einem Gold/Silber-Verhältnis von 75:1 etwa 44.300 oz Goldäquivalent. Für die einzelnen Minen wurden folgende Zahlen gemeldet:

• Black Fox, Kanada (100% unternehmenseigen): 12.100 oz Goldäquivalent
• El Gallo, Mexiko (100% unternehmenseigen): 12.200 oz Goldäquivalent
• San José, Argentinien (49% unternehmenseigen): 20.000 oz Goldäquivalent zurechenbar

Ausbau und Entwicklung der Mine Gold Bar in den USA verlaufen nach Plan und sollen Ende 2018 abgeschlossen sein. Die Produktion wird voraussichtlich 2019 beginnen.

Zum Ende des Quartals verfügte McEwen über liquide Mittel in Höhe von rund 52 Mio. $ und war schuldenfrei.

[Ramses21]

Antwort auf Beitrag Nr.: 57.578.409 von freddy1989 am 19.04.18 03:45:18

McEwen will keiner haben aktuell. Der Markt scheint auf die Inbetriebnahme von Gold Bar zu warten.

[bigyawn]

McEwen Mining drills 0.55 m of 639 g/t Au at Black Fox

2018-04-30 16:26 ET - News Release

Mr. Rob McEwen reports

MCEWEN MINING BLACK FOX EXPLORATION NEWS

McEwen Mining Inc. has released the results from its Black Fox complex near Timmins, Ont., Canada.

Black Fox complex exploration program

The company's 2018 exploration budget at Black Fox is $15-million and it has spent approximately 30 per cent year to date. McEwen Mining's primary goals are to extend mineralization around known deposits, and to test targets close to its mine and mill. During Q1 2018, a total of 42,400 metres of exploration drilling was completed, consisting of 11,200 metres from underground and 31,200 metres from surface. All four of the areas explored (Grey-Fox Gibson, Stock, Black Fox underground and Tamarack) returned encouraging drill assay results.

Some of the best intercepts encountered were:

639 grams per tonne Au over 0.55 metre (from 72 metres) in 18GF-1062 at Gibson Southwest;
5.24 g/t Au over 11.96 metres (from 204 metres) in S18-10 at Stock East;
4.5 g/t Au over 3.79 metres (550 metres underground level) in 520-EX286-52 at Black Fox;
23.88 g/t AuEq over 6.47 metres (from 70 metres) in 18BF-646 at Tamarack.

In addition to drilling, exploration work on the properties included airborne electromagnetic and magnetic surveys, geophysical data processing and interpretation work with Terra Resources to develop new drill targets, development of interactive 3-D models by MRB Consulting, and data processing and application of machine learning by Goldspot Discoveries. This work is designed to refine and tighten the focus of the company's exploration efforts.

Grey Fox-Gibson

Highlights from drilling in three zones at the Grey Fox-Gibson area included multiple narrow, high-grade intersections. Results suggest the potential for secondary structures hosting economic mineralization.

Contact zone drilling highlights are as follows.

Hole Zone From (m) To (m) Length (m) TW (m) Au(g/t)

18GF-1058 Contact 338.55 340 1.45 1.17 30.78
and 425.2 427 1.8 1.45 7.72
and 450.3 465 14.7 0.38 5.44
and 491 497 6 0.62 4.21
18GF-1060 Contact 364 365 1 0.77 9.8
18GF-1061 Contact 293 297 4 3.4 6.81
and 391 395 4 NC 4.9
and 432 436 4 NC 3.58

Note: NC -- not calculated, insufficient data to calculate true width.

Zone 147 drilling highlights are as follows.

Hole Zone From (m) To (m) Length (m) TW (m) Au (g/t)

18GF-1059 147 34 36 2 1.65 6.84
and 114 115 1 0.83 46.3
18GF-1068 147 94 96 2 1.73 23.91
including 94 95 1 0.87 40.9

Gibson drilling highlights are as follows.

Hole Zone From (m) To (m) Length (m) TW (m) Au (g/t)

18GF-1066 Gibson 91 97 6 4.17 6.12
including 95 96 1 0.7 22.7

Gibson Southwest drilling highlights are as follows.

Hole Zone From (m) To (m) Length (m) TW (m) Au (g/t)

18GF-1062 Gibson Southwest 72 73.3 1.3 1.01 344.91
including 72 72.7 0.7 0.55 639

Note: This hole was drilled approximately 500 metres southwest of the
Gibson resource in an untested area.

Stock property

Drilling in an area located approximately 700 metres east of the existing Black Fox-Stock mill (referred to as Stock East) was conducted to confirm a historical zone of significant gold mineralization. Stock East lies at the intersection of a northwest-southeast fault and the east-west Porcupine-Destor deformation zone. Results suggest the mineralization extends vertically from near the surface to a depth of approximately 350 metres and along a strike length of 500 metres. True widths range from one metre to 18 metres, with an average of four metres.

Historical Stock East significant drilling results are as follows.

Hole Zone From (m) To (m) Length (m) TW (m) Au (g/t)

SAS-55 Stock East 228.8 250.7 22.95 NC 4.32
including 228.8 230.3 1.5 NC 11.8
SAS-37 Stock East 147.5 157.3 9.75 NC 8.39
including 149.1 150.3 1.2 NC 57.8
SAS-43 Stock East 355.4 367.9 13.26 NC 6.01
including 361.2 363.9 2.7 NC 13.2

Notes:
1. NC -- not calculated, insufficient data to calculate true width
2. The historic drill data for Stock East was developed by previous operators of the
Stock project and may not comply with National Instrument 43-101 requirements.
The historic data should not be relied upon due to this.

New Stock East drilling highlights are as follows.

Hole Zone From (m) To (m) Length (m) TW (m) Au (g/t)

S18-01 Stock East 247.2 266.9 19.7 18.03 2.94
including 247.2 248 0.8 0.73 52.4
S18-02 Stock East 230.4 241 10.6 9.4 4.49
including 233.4 234 0.6 0.53 15.9
S18-03B Stock East 214.9 215.9 1 0.87 6.58
S18-05 Stock East 327.6 332.4 4.8 3.94 2.62
S18-10 Stock East 204 218.8 14.8 11.96 5.24
including 215.8 217.8 2 1.62 26.53

Tamarack base metals/gold zone

Drilling at Tamarack was designed to evaluate the potential for base metal and gold mineralization. Several significant intersections have confirmed and delineated an upper lens of base metal and gold mineralization measuring approximately 100 metres to 200 metres along strike and 450 metres down dip from near surface. The upper lens has an average true width of 4.5 metres. The lower lens was drilled over a strike of 100 metres and 250 metres down dip from a depth of 600 metres and is open at depth. The width of the lower lens is highly variable. Logging has shown that the style of zinc-lead-gold-silver mineralization at Tamarack varies from massive to stringer to disseminated.

An initial base metal resource and updated gold resource estimate will be completed during Q2 2018.

Tamarack drilling highlights are as follows.

Hole Lens From (m) To (m) Length (m) TW (m) Zn (%) Au (g/t) Pb (%) Ag (g/t) AuEq (g/t)

18BF-626 Upper 244 254.00 10.00 7.97 3.36 0.25 1.41 19.05 3.63
18BF-627 Upper 207.4 212.00 4.60 4.39 11.00 0.87 1.98 32.37 10.00
including 207.4 209.40 2.00 1.91 25.24 - - - -
18BF-628 Upper 218.36 224.00 5.64 5.13 4.20 0.53 1.50 17.19 4.51
18BF-630 Upper 107 116.00 9.00 8.78 1.23 1.07 0.11 11.97 2.15
18BF-631 Upper 117.9 127.00 9.10 7.86 0.28 5.91 0.25 16.54 6.48
including 122 125.00 3.00 2.59 - 15.97 - - -
18BF-632 Upper 125 133.30 8.30 6.71 0.50 4.76 0.16 10.61 5.35
including 132.4 133.30 0.90 0.73 - 32.50 - - -
18BF-646 Upper 70 77.00 7.00 6.47 0.26 23.37 0.06 21.30 23.88
including 70 72.00 2.00 1.85 - 76.80 - - -
330-EX678-03 Upper 470.1 471.80 1.70 1.32 8.02 0.18 0.06 2.61 5.74
520-EX582-47 Lower 363 369.00 6.00 5.42 2.26 0.87 0.23 5.26 2.63
and 375 379.66 4.66 4.21 11.13 0.81 7.28 127.72 14.41

Black Fox mine underground exploration

An intersection that returned 4.5 g/t gold over 3.79 metres true width in 520-EX286-52 in the Far West extension is considered significant as it opens up a new area proximal to the existing underground workings. The Far West extension is located at approximately the 550-metre level. Exploration drilling is in progress from both underground and surface at this new area. Deep drilling from surface targeting mineralization below the 1,000-metre level has been unsuccessful due to difficult ground conditions. The company's next attempt at deep drilling will be from a drill platform on the 810-metre level.

About McEwen Mining Inc.

McEwen has the goal to qualify for inclusion in the S&P 500 Index by creating a profitable gold and silver producer focused in the Americas. McEwen's principal assets consist of: the San Jose mine in Santa Cruz, Argentina (49-per-cent interest); the El Gallo gold mine in Mexico; the Black Fox mine in Timmins, Canada; the Gold Bar mine in Nevada, currently under construction; and the large Los Azules copper project in Argentina, advancing toward development.

Qualified person

Technical information pertaining to geology and exploration contained in this news release has been prepared under the supervision of Steven Scott. Mr. Scott is a qualified person within the meaning of NI 43-101.

We seek Safe Harbor.

© 2018 Canjex Publishing Ltd. All rights reserved.

[boersentrader02]

McEwen gab gestern seine 4-Monatszeahlen bekannt. Leider waren es wieser nur Miese die Mux

veröffentlicht hat. Heute wird es allerdings weitere Details zu diesem 1. Quartal-Abschluß geben.

We lange müssen wir noch warten bis es endlich einmal positive Zahlen geben wird ? Dieses Jahr gab es eine Verdoppelung der miesen Zahlen, gegenüber dem 1.-Qtl von 2017, insgesamt 5,5 Mill., leider trotz einer fast 80-%gen Erhöhung der Produktion von Gold und Silber.

Die gesamten Explorierkosten in den besitzenden und bereits produzierenden Ländereien schlagen wohl sehr stark zu Buche.



McEwen Mining Reports Q1 2018 Results
Tue May 1, 2018 4:01 PM|GlobeNewswire|About: MUX

TORONTO, May 01, 2018 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (MUX) (TSX:MUX) today reported first quarter results for the period ended March 31, 2018 (“Q1”). McEwen Mining achieved production of 44,344 gold equivalent ounces(1) (“GEOs”) in-line with our expectations. Net cash flow from the business excluding project development costs was $12.4 million, offset by $22.7 million related to investments towards our long-term production growth at Gold Bar, Black Fox and Los Azules projects.

Our consolidated net loss was $5.2 million(2), or $0.02 per share. As of April 30, 2018 the Company had cash, investments and precious metals of $47 million and no debt.

Our quarter end conference call will occur on Wednesday, May 2nd at 11am EST. Details are provided below.

The table below provides production and cost results for the first quarter ended March 31, 2018, comparative results from last year, and production and cost guidance for 2018. For the SEC Form 10-Q Financial Statements and MD&A refer to: http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CI…


https://seekingalpha.com/pr/17148258-mcewen-mining-reports-q…

[Ramses21]

Antwort auf Beitrag Nr.: 57.675.045 von boersentrader02 am 02.05.18 10:12:10

Wenn du die 22,7 Millionen $ abziehst welche in die Exploration gegangen sind wäre ein Plus rausgekommen. Ich finde gut das Geld in die Zukunft gesteckt wird, keine Vorwärtsverkäufe getätigt sind und keine Schulden vorhanden sind.

[bigyawn]

Globe says new coverage rates McEwen Mining "buy"

2018-05-09 08:22 ET - In the News

The Globe and Mail reports in its Wednesday, May 9, edition that Euro Pacific Capital analyst Bhakti Pavani says McEwen Mining ($2.13) is a "well-diversified" gold producer positioned for growth (all figures U.S.). The Globe's David Leeder write in the Eye On Equities column that Ms. Pavani began coverage with a "buy" rating. Ms. Pavani set a share price target of $2.85. Analysts on average target the shares at $3.54. Ms. Pavani says in a note: "The company's asset portfolio is well-balanced and includes three producing mines, three advanced stage exploration projects, and a long-term porphyry copper project. In addition to a diverse producing asset portfolio, the company holds 100-per-cent interest in several key exploration assets including Lexam VG Gold in Canada, the El Gallo II silver project in Mexico, and Los Azules, a porphyry copper deposit in Argentina. We like to note that some of these projects can be quickly advanced to production over the next three to four years. MUX has a very strong management team, led by a highly experienced and well-reputed CEO, Mr. Robert McEwen, who is also the largest shareholder of the company. Mr. McEwen is the ex-founder and former Chairman and CEO of Goldcorp."

© 2018 Canjex Publishing Ltd. All rights reserved.

[bigyawn]

ORIGINAL: McEwen Mining Announces Potential New Source of Revenue at the Black Fox Complex

2018-05-24 16:06 ET - News Release

TORONTO, May 24, 2018 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) (“McEwen Mining” or the “Company”) provides an updated mineral resource estimate for the Tamarack gold and base metal deposit at the 100% owned Black Fox Complex in Matheson, Ontario. The Black Fox Complex comprises the Black Fox Mine and the Tamarack, Gibson-Grey Fox, Froome and Stock zones. The base metal component of the Tamarack resource is being included for the first time.

“This is the first time that base metals have been in incorporated into a resource estimate for the Tamarack project. With further drilling, we are excited to see how the project develops into what could be an additional revenue stream at Black Fox,” said Rob McEwen, Chairman and Chief Owner.

The new resource estimate increased from 41,000 Inferred ounces gold at a grade of 6.23 g/t Au (previous resource effective Oct 31, 2018) to 127,000 Indicated ounces gold equivalent (AuEq) at a grade of 5.08 g/t AuEq with the inclusion of silver, lead and zinc mineralization.

The updated resource estimate for Tamarack is the result of 46 new surface and underground exploration, delineation, and definition drill holes completed between October 2017 and April 2018 and already existing base metal assays not considered in previous estimates.

Table 1: Tamarack Mineral Resource Estimate, SRK Consulting (Canada) Inc., May 18, 2018

Classification Cut-off
grade Au Eq
(g/t) Quantity
Tonnes
(000s) Grade Contained Metal
Gold
(g/t) Silver
(g/t) Lead
% Zinc
% Au Eq
(g/t) Gold
Ounces
(000s) Silver
Ounces
(000s) Lead
Tonnes
(000s) Zinc
Tonnes
(000s) Au Eq
Ounces
(000s)
Total Indicated Resource 3.00 778 1.83 26 1.08 3.29 5.08 46 663 8 26 127



Table 1 outlines the mineral resource estimate for Tamarack reported at a cut-off grade of 3.00 g/t AuEq to reflect an underground mining scenario. Mining operations at the adjacent Black Fox Mine are currently 100% underground operations.

The drilling completed over the last six months has increased confidence in the estimate such that previously reported Inferred resources have been upgraded to the Indicated category.

Tamarack geology and mineralization

The polymetallic (Au-Ag-Pb-Zn) Tamarack deposit is centered on a North-South striking quartz breccia which cross-cuts the faulted contact between Tisdale Assemblage ultramafic- to mafic-volcanic flows and Porcupine Group sedimentary rocks. The zone is characterised by an Upper and Lower lens; the Upper Lens measures approximately 300m along strike and 450 m down dip from near surface and has an average true width of 4.5m. The Lower Lens measures approximately 200m along strike and 250 m down dip from a depth of 500 m, and is open at depth. The lower lens has a true width of up to 5.4m. These lenses are separated by minor, narrow and discontinuous diabase dikes.

Lead, zinc, and silver mineralisation is preferentially located in the hanging wall of the quartz breccia, occurring as either i) stringers, disseminations, and semi-massive knots, clusters and bands of sphalerite and galena hosted within both the volcanic and sedimentary rock units; ii) as clasts in quartz breccias; and iii) as inclusions and fragments within adjacent diabase dikes. Gold mineralization is preferentially hosted within the quartz breccia, occurring as fine visible gold and in association with disseminated fine-grained pyrite.

Exploration drilling will continue to test possible southerly strike extensions of the Upper Lens where a few narrow intercepts of gold +/- base metal mineralisation lie outside of the current mineralised envelope. The Lower Lens remains open along strike to the south and down dip.

Some representative assay results of the higher-grade base metal and silver intersections that were part of the dataset used in the resource at Tamarack include:

12.45% Zn, 7.78% Pb, 149.36 gpt Ag over 2.72m (True Width) in hole 17BF-621;
12.10% Zn, 3.20% Pb, 40.60 gpt Ag over 1.32m (TW) in hole 520-EX582-48;
25.24% Zn, 4.53 % Pb, 69.58 gpt Ag over 1.91m (TW) in hole 18BF-627;
5.95% Zn, 4.56% Pb, 70.55 gpt Ag over 1.86m (TW) and
9.92% Zn, 4.83% Pb, 58.96 gpt Ag over 5.95m (TW) in hole 17BF-625;
22.80% Zn, 0.91% Pb, 16.90 gpt Ag, 1.01 gpt Au over 0.42m (TW) and
11.13% Zn, 7.28% Pb, 127.71 gpt Ag, 0.81 gpt Au over 4.21m (TW) in hole 520-EX582-47.

These intervals have been previously released in 2018 exploration news updates, see footnotes below for details of composite interval criteria.

Further Work

As part of the ongoing exploration program, additional surface and underground drilling will test, refine and define possible strike and dip extensions at Tamarack.

Metallurgical test work on drill core samples from Tamarack is currently being conducted at an independent third-party laboratory, the results of which will help determine what processing route potential future production will employ. The test work is under the direction of Nathan M. Stubina, Ph.D., P.Eng., FCIM, of McEwen Mining who is a “Qualified Person” within the meaning of NI 43-101. It is currently expected that the gold-rich quartz breccia mineralisation will be processed at the existing mill facilities at the Black Fox Stock Mill.

Further density testing of different lithologies, mineralised zones and host units will be used in future resource updates.

Exploration at the Black Fox Complex

The exploration program across the Black Fox Complex, which includes the Black Fox Mine, Tamarack, Gibson-Grey Fox, Froome and Stock zones, continues with a total exploration budget of $15 million for 2018. Our primary goals are to extend mineralization around known deposits and to test targets close to our mine and mill. Recent highlights of the drilling campaign since our last Exploration news release of April 30th, 2018 include:

27.76 gpt Au / 6.12m (TW), including 106.91 gpt Au / 1.28m (TW) in hole 560-F098-05;
41.87 gpt Au / 0.38m (TW) in hole 560-F098-06.

Both holes are located in the eastern Central Zone (CZ) of the Black Fox mine. Follow-up drilling is ongoing and a full exploration update is planned for the end of Q2.

ABOUT MCEWEN MINING

McEwen has the goal to qualify for inclusion in the S&P 500 Index by creating a profitable gold and silver producer focused in the Americas. McEwen’s principal assets consist of: the San José mine in Santa Cruz, Argentina (49% interest); the El Gallo Gold mine in Mexico; the Black Fox mine in Timmins, Canada; the Gold Bar mine in Nevada, currently under construction; and the large Los Azules copper project in Argentina, advancing towards development.

McEwen Mining has a total of 337 million shares outstanding. Rob McEwen, Chairman and Chief Owner, owns 24% of the shares.

TECHNICAL INFORMATION
Black Fox Complex drilling was conducted by Forage Asinii Drilling, Boart-Longyear, Major Drilling, NPLH and Norex Drilling and supervised by McEwen’s Geology Department. All exploration drill core samples at the Black Fox Complex were submitted as 1/2 core and analyses reported herein were performed by the independent laboratories: ALS Laboratories, which is ISO 9001/IEC17025 certified, Activation Labs, which is ISO 9001/IEC17025 certified, and SGS Canada Laboratories, which is ISO 9001/IEC17025 certified. Samples from definition and select delineation drilling are assayed at McEwen Mining's onsite laboratory. McEwen’s quality control (QC) program includes systematic insertion of blanks, standard reference material and duplicates to ensure laboratory accuracy. The internal lab also participates in the GeoStats round-robin assay exercise as part of its QC initiatives.

For further details about the Black Fox Complex project including Tamarack, please see our recent NI 43-101 technical report titled "Technical Report for the Black Fox Complex, Canada" dated April 6th 2018 with an effective date of October 31st, 2017 available on SEDAR (www.sedar.com) under our issuer profile.

Notes on compositing criteria for reported significant mineralized drill hole intervals:

Tamarack: a minimum reportable interval length of 3 m was determined by establishing a cut-off grade of 1 g/t AuEq. A consecutive maximum length of 3 m of internal waste, including sub cut-off grade material, is allowed and incorporated into the reported composites. Where an interval of less than 3 m is considered, if the grade x length calculation is greater than 3, it may be reported. There is no top cutting or capping of assays
Black Fox: a minimum reportable interval length of 3 m was determined by establishing a cut-off grade of 3g/t Au for underground (1 g/t Au for near surface). A consecutive maximum length of 3 m of internal waste, including sub cut-off grade material, is allowed and incorporated into the reported composites. Where an interval of less than 3 m is considered, if the grade x length calculation is greater than 9 (3 for surface), it may be reported. There is no top cutting or capping of assays.

Mineral Resource Estimate Notes:

The Mineral Resource Statement complies with the standards for reporting mineral resources as set out under CIM guidelines;
Resources are presented undiluted and in-situ and are considered to have reasonable prospects for eventual economic extraction;
Mineral resources are not mineral reserves and do not have demonstrated economic viability; all figures are rounded to reflect the relative accuracy of the estimate;
Mineral resources reported at a cut-off grade of 3.00 g/t gold equivalent (AuEq). AuEq metal grades are solely based on prices of US$1,200 per ounce of gold, US$17.00 per ounce of silver, US$1.00 per pound of lead, and US$1.20 per pound of zinc; other factors affecting NSR are not currently included in the conversion.
Drill hole intervals were composited to 1m lengths within six mineralized domains;
Grade capping for the four elements was done on composite data for each domain using statistical analysis;
A density value of 2.80 t/m3 was applied to all lithologies. Additional density measurements on the various lithologies and host rocks to be undertaken;
All zones were interpolated using Ordinary Kriging (OK) except for the low-grade alteration envelope surrounding the Tamarack zone where Inverse Distance Weighting was used;
Block dimensions were 3x3x3m with sub-celling down to 1m blocks;
Estimation parameters were determined by variography;
Indicated resources are defined as being within a 40m zone of influence with blocks being informed by a minimum of three drill holes;
AuEq calculations = Au g/t + (Pb % * 22.0462 * Pb $/lb) / (Au $ oz/ 31.1035) + (Zn % * 22.0462 * Zn $/lb) / (Au $ oz/ 31.1035) + Ag gpt/($oz Ratio Au:Ag)

McEwen Mining is not aware of any known environmental, permitting, legal, title-related, taxation, socio-political or marketing issues, or any other relevant issue not reported in the technical report, that could materially affect the mineral resource estimate.

QUALIFIED PERSON
The mineral resource estimate, with an effective date of March 31, 2018, was prepared by Dr. Aleksandr Mitrofanov, P Geo, who is a "qualified person" within the meaning of NI 43-101. Dr. Mitrofanov is an employee of SRK Consulting, (Canada) Ltd and is considered to be "independent" of McEwen for the purposes of NI 43-101. The technical content in this press release including geology, drilling, resource estimates and sampling has been reviewed and approved by Mr. Luke Willis, P.Geo, Director, Resource Modelling for McEwen who is a "qualified person" within the meaning of NI 43-101.

CAUTIONARY NOTE TO US INVESTORS REGARDING RESOURCE ESTIMATION
McEwen Mining prepares its resource estimates in accordance with standards of the Canadian Institute of Mining, Metallurgy and Petroleum referred to in Canadian National Instrument 43-101 (NI 43-101). These standards are different from the standards generally permitted in reports filed with the SEC. Under NI 43-101, McEwen Mining reports measured, indicated and inferred resources, measurements, which are generally not permitted in filings made with the SEC. The estimation of measured resources and indicated resources involve greater uncertainty as to their existence and economic feasibility than the estimation of proven and probable reserves. U.S. investors are cautioned not to assume that any part of measured or indicated resources will ever be converted into economically mineable reserves. The estimation of inferred resources involves far greater uncertainty as to their existence and economic viability than the estimation of other categories of resources.

CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
This news release contains certain forward-looking statements and information, including "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements and information expressed, as at the date of this news release, McEwen Mining Inc.'s (the "Company") estimates, forecasts, projections, expectations or beliefs as to future events and results. Forward-looking statements and information are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, risks and contingencies, and there can be no assurance that such statements and information will prove to be accurate. Therefore, actual results and future events could differ materially from those anticipated in such statements and information. Risks and uncertainties that could cause results or future events to differ materially from current expectations expressed or implied by the forward-looking statements and information include, but are not limited to, factors associated with fluctuations in the market price of precious metals, mining industry risks, political, economic, social and security risks associated with foreign operations, the ability of the corporation to receive or receive in a timely manner permits or other approvals required in connection with operations, risks associated with the construction of mining operations and commencement of production and the projected costs thereof, risks related to litigation, the state of the capital markets, environmental risks and hazards, uncertainty as to calculation of mineral resources and reserves, and other risks. The Company’s dividend policy will be reviewed periodically by the Board of Directors and is subject to change based on certain factors such as the capital needs of the Company and its future operating results. Readers should not place undue reliance on forward-looking statements or information included herein, which speak only as of the date hereof. The Company undertakes no obligation to reissue or update forward-looking statements or information as a result of new information or events after the date hereof except as may be required by law. See McEwen Mining's Annual Report on Form 10-K for the fiscal year ended December 31, 2017 and other filings with the Securities and Exchange Commission, under the caption "Risk Factors", for additional information on risks, uncertainties and other factors relating to the forward-looking statements and information regarding the Company. All forward-looking statements and information made in this news release are qualified by this cautionary statement.

The NYSE and TSX have not reviewed and do not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management of McEwen Mining Inc.
CONTACT INFORMATION:

Mihaela Iancu Website: www.mcewenmining.com 150 King Street West
Investor Relations Suite 2800, P.O. Box 24
(647)-258-0395 ext 320 Facebook: facebook.com/mcewenrob Toronto, ON, Canada
[e-mail] M5H 1J9
Twitter: twitter.com/mcewenmining [phone]

Instagram: instagram.com/mcewenmining


© 2018 Canjex Publishing Ltd. All rights reserved.

[bigyawn]

McEwen Mining arranges $50M (U.S.) note offering

2018-05-25 07:12 ET - News Release

Mr. Rob McEwen reports

MCEWEN MINING PROPOSED ISSUE OF NOTES

McEwen Mining Inc. intends to issue up to $50-million (U.S.) in senior secured notes to complete construction the Gold Bar mine in Nevada. Negotiations are under way with an independent third party lender, whereby it would purchase 50 per cent of the notes issued and Rob McEwen would purchase the remaining 50 per cent. The notes contemplated will have a term of three years and bear interest at a rate of 9.75 per cent per annum. No fees, other than appropriate legal expenses, will be paid in connection with the notes; and no warrants, shares, royalties or streams will be granted. The proposed transaction remains subject to final agreement of terms and satisfactory completion of due diligence.

About McEwen Mining Inc.

McEwen has the goal to qualify for inclusion in the S&P 500 Index by creating a profitable gold and silver producer focused in the Americas. McEwen's principal assets consist of: the San Jose mine in Santa Cruz, Argentina (49-per-cent interest); the El Gallo gold mine in Mexico; the Black Fox mine in Timmins, Canada; the Gold Bar mine in Nevada, currently under construction; and the large Los Azules copper project in Argentina, advancing toward development.

We seek Safe Harbor.

© 2018 Canjex Publishing Ltd. All rights reserved.

[bigyawn]

McEwen's El Gallo PEA estimates LOM of 10 years

2018-05-25 07:30 ET - News Release

Mr. Rob McEwen reports

MCEWEN MINING ANNOUNCES NEW PRELIMINARY ECONOMIC ASSESSMENT EXTENDING LIFE AN ADDITIONAL 10 YEARS IN MEXICO

McEwen Mining Inc. has released results of a new preliminary economic assessment (PEA) study evaluating the potential extension of production from its 100-per-cent-owned El Gallo complex in Sinaloa, Mexico. The proposed redevelopment plan evaluated in the PEA is called project Fenix. The key outcomes of project Fenix include an average annual production rate of 47,000 ounces gold equivalent (AuEq), low initial capital cost, mine payback of four years, and an after-tax IRR (internal rate of return) of 25 per cent at current gold and silver prices.

"Project Fenix shows that El Gallo has the potential to be retooled to produce silver and gold for years into the future. The current heap leach gold mine would transform first to a mill and process the residual heap leach pad material, then additional mill modifications would enable processing of silver and gold ores from four other deposits. This plan depends on innovative in-pit tailings disposal that we think is a win-win for all stakeholders. Over the coming quarters we intend to advance environmental permitting and refine our plans with a feasibility study before making an investment decision next year," said Rob McEwen, chairman and chief owner.

Highlights of the project Fenix PEA at $1,250/ounce gold and $16/ounce silver prices (1) (2):

Estimated initial capital of $41-million for phase 1 and $30-million for phase 2;
Payback period of 4.0 years;
25-per-cent after-tax IRR and $60-million NPV (net present value) at 5-per-cent discount rate;
$12-million of average annual cash flow from operations from year 2 onward;
47,000 ounces average annual AuEq (gold equivalent) production;
Cash cost of $598 and $797 per ounce AuEq for phases 1 and 2, respectively;
10- to 12-year life of mine;
Updated resource estimate totalling 13 million tonnes at an average grade of 0.39 gram per tonne gold and 77 g/t silver (measured and indicated) containing 591,000 ounces AuEq, and 5.7 million tonnes at an average grade of 0.81 g/t gold and 27 g/t silver (inferred) containing 214,000 ounces AuEq.

The PEA was prepared by GR Engineering Services Ltd. (GRES), an engineering, consulting and contracting company, under the direction of McEwen Mining in accordance with the requirements of Canadian National Instrument 43-101 -- Standards of Disclosure for Mineral Projects.

Financial analysis

The base case generates an after-tax net present value (NPV5) of $60-million, an IRR of 25, and an average after-tax cash flow from operations of $12-million per year of operation.

AFTER-TAX FINANCIAL RESULTS

Base case Upside case
$1,250/oz Au, $16/oz Ag $1,300/oz Au, $17/oz Ag

Phase 1 capex $41-million $41-million
Phase 2 capex $30-million $30-million
IRR 25% 30%
NPV5 $60-million $77-million
Payback period 4.0 years 3.8 years


Mining and processing

The Fenix project involves a two-stage development process. Phase 1 includes the reprocessing of material on the gold heap leach pad at the company's existing El Gallo gold mine, and phase 2 includes the processing of the open-pit gold and silver ores from multiple deposits including El Gallo Silver, Palmarito, El Encuentro and Carrisalejo.

The process plant would utilize conventional and proven mineral processing and precious metals recovery technologies. Phase 1 would have a throughput rate of 5,000 tonnes per day (tpd). During phase 2, fresh mineralized material from higher-grade silver deposits (El Gallo silver primarily) would be processed at 3,250 tpd.

The selected process recovery methods have been based on separate campaign retreatment of heap leach material (phase 1) and treatment of fresh mineralized material from other deposits (phase 2).

Phase 1 operation would target gold recovery from the heap leach pad material using a conventional ball mill grinding and a hybrid carbon-in-leach (CIL) circuit (hybrid means the first leach tanks are pure leach tanks and the remaining tanks being carbon-in-leach tanks), to recover gold onto activated carbon. Industry-standard elution, electrowinning and smelting circuits would be used to produce a dore product. Soluble copper levels would be controlled and suppressed using established methods. Cyanide in the CIL tailings would be detoxified using the SO2/air (sulphur dioxide) process, and the detoxified tailings would then be sent to a tailings storage facility in an existing mined-out open pit.

Tailings produced during the operation, starting with phase 1 would be stored in the mined-out Samaniego pit at the El Gallo gold mine. As part of this, in-pit tailings deposition would include a tailings delivery system designed to maximize tailings consolidation and water recovery. Water would be recovered via surface reclaim pumps, a basin underdrain collection sump and finger drain network and down gradient contingency pump back wells.

In phase 2 the process facility would be modified to enable treatment of material from the El Gallo silver deposit to be followed by other deposits in the complex. Phase 2 operation would utilize conventional flotation technology, intensive leaching of concentrates with counter current decantation (CCD) washing used to recover solution for zinc precipitation using the Merrill Crowe process for silver and gold recovery. The phase 1 CIL plant would be utilized for cyanide leaching of the flotation tailings to maximize overall silver recoveries during phase 2. Phase 2 would also utilize the existing El Gallo gold mine three-stage crushing plant to prepare material for delivery to the grinding circuit.

The available volume in the Samaniego pit will enable the Fenix project.

El Gallo silver and proposed process facilities are separated by about 6.5 kilometres, requiring construction of a dedicated haul road for transport of ore. A new substation and power line would connect both projects to the national distribution grid.

Over the mine life, production would total 17.2 million tonnes of mineralized material at an average head grade 1.17 g/t AuEq containing 680,000 ounces AuEq, and recovering a total of 573,000 ounces AuEq. The planned production schedule is shown in the associated table.

PRODUCTION SUMMARY

Production Strip Contained Recovered Per cent of
Source Gold Silver model Waste ratio metal metal recovered oz AuEq
(g/t) (g/t) (tonnes) (tonnes) (oz AuEq) (oz AuEq)
El Gallo heap
leach pad (3) 0.64 0 9,024,027 0 N/A 197,285 172,989 30%
El Gallo silver (4) 0.11 117.3 5,413,000 20,468,000 3.8 291,432 248,502 44%
Palmarito (5) 0.37 149.9 1,796,194 5,518,199 3.1 136,498 104,863 18%
Carrisalejo 0.60 95.0 263,177 1,472,104 5.6 15,763 12,894 2%
El Encuentro 1.56 2.3 736,540 5,660,945 7.7 37,678 33,733 6%
Totals 1.17 g/t AuEq 17,232,938 33,119,248 N/A 679,106 572,981 100%


Capital and operating costs

The Fenix project offers low upfront capital requirements to commence the project by:

Utilizing existing infrastructure at El Gallo gold mine;
Commissioning an in-pit tailings storage facility in an existing open pit;
A significant reduction in required leach tank volumes for El Gallo silver processing from previous studies.

Phase 1 capital expenditure is estimated at $41-million, additional capital expenses for phase 2 and the mining infrastructure, haul roads and closure obligations bring the total LOM capital required to $81-million.

Mining and operating costs were estimated based on process design criteria, equipment lease rates, labour, reagent, grid power supply, diesel fuel, explosives, maintenance and other miscellaneous costs. All costs are in first quarter 2018 dollars.

OPERATING COST/OUNCE SUMMARY

Cash cost AISC
per oz AuEq per oz AuEq

Phase 1 $598 $658
Phase 2 $797 $817
Overall project - $793

CAPITAL COST SUMMARY

Description Phase 1 Phase 2 Sustaining
($M) ($M) ($M)

Process plant direct costs $28.5 $16.6
Infrastructure and owners $1.4 $0.7 $4.5
Indirect costs $7.4 $6.0
Contingency $3.2 $2.0
Mining $0.0 $5.0 $5.0
Total $40.9 $30.4 $9.5
Project total $80.8

OPERATING COST/TONNE SUMMARY

Resource Plant opex Mining Haulage G&A Total opex
($/t) ($/t) ($/t) ($/t) ($/t)
El Gallo heap
leach pad (8) (9) $10.77 $0.53 $0.00 $2.50 $13.80
El Gallo $21.50 $8.61 $2.00 $3.85 $35.96
Palmarito $21.50 $7.33 $7.00 $3.57 $39.40
Carrisalejo $21.50 $11.87 $2.00 $3.13 $38.50
El Encuentro $15.00 $15.63 $6.00 $3.13 $39.76

Existing permits

The current operation at El Gallo gold is a fully permitted open-pit mine with a heap leach and ADR process facility. El Gallo silver and Palmarito are fully permitted for mining.

Future permitting and timing

The current operation at El Gallo gold is a fully permitted site; however, the phase 1 project requires amendment of the current permits to include the construction of a mill and leach circuit in the location of the existing facilities for the reprocessing of the heap. The permit amendment will also include the backfilling of the Samaniego pit with mill tailings as part of an integrated concurrent closure plan for the El Gallo gold mine.

Phase 2 project permitting will require authorization at El Gallo gold to expand the process plant footprint and to augment the tailings volume to be deposited at the Samaniego pit. The El Gallo silver permits require amendments to change the processing location to El Gallo gold, thus eliminating construction of the process components and the tailings facility at El Gallo silver.

The Fenix project has CONAGUA (10) approval for the extraction of groundwater and land-use permits for the construction of wells.

Advancing the project will require permit amendments filing for phase 1 and subsequently filing for phase 2 permits. Once these amendments are filed, successful approvals by the federal environmental authority (SEMARNAT) will be required before the project can be advanced.

The project seeks to obtain approval of the phase 1 El Gallo permit modifications by the fourth quarter of 2018 and phase 2 approvals by the third quarter of 2019.

Further project advancement in 2019 is subject to permit approvals.

Resource estimates

Estimated resources for the Fenix project comprise only material within the boundaries of conceptual pit shells, except for the El Gallo heap leach pad and Palmarito dumps, which are considered available for reprocessing.

MINERAL RESOURCE ESTIMATES (11)
El Gallo silver
In optimized pit shell (12) Tonnes Silver grade Silver Gold grade Gold
(kt) (g/t) (koz) (g/t) (koz)
Potential COG(13) -- 50
g/t Ag*
Measured 1,057 150 5,088 0.09 3
Indicated 4,436 120 17,053 0.13 19
Measured and indicated 5,493 125 22,140 0.12 22
Inferred 564 82 1,488 0.38 7

Palmarito
In optimized pit shell (12) Tonnes Silver grade Silver Gold grade Gold
(kt) (g/t) (koz) (g/t) (koz)
Potential COG (13) -- 70
g/t Ag*
Measured 1,653 136 7,245 0.38 20
Indicated 11 148 52 0.23 0
Measured and indicated 1,664 136 7,297 0.38 20
Inferred 528 133 2,258 0.30 5
Palmarito dumps
Tonnes Silver grade Silver Gold grade Gold
(kt) (g/t) (koz) (g/t) (koz)
Potential COG (13) -- 52
g/t Ag*
Measured 177 177 1,007 0.29 2
Indicated 68 154 338 0.24 1
Measured and indicated 246 170 1,345 0.28 2
Inferred 0 0 0 0.00 0

Carrisalejo
In optimized pit shell (12) Tonnes Silver grade Silver Gold grade Gold
(kt) (g/t) (koz) (g/t) (koz)
Potential COG (13) -- 46
g/t Ag*
Measured 0 0 0 0.00 0
Indicated 391 116 1,454 0.11 1
Measured and indicated 391 116 1,454 0.11 1
Inferred 42 821 1,111 0.02 0

El Encuentro
In optimized pit shell (12) Tonnes Silver grade Silver Gold grade Gold
(kt) (g/t) (koz) (g/t) (koz)
Potential COG (13) -- 0.78
g/t Au
Measured 0 0 0 0.00 0
Indicated 534 2 42 1.87 32
Measured and indicated 534 2 42 1.87 32
Inferred 190 19 117 5.68 35

El Gallo heap leach pad
Tonnes Silver grade Silver Gold grade Gold
(kt) (g/t) (koz) (g/t) (koz)
Potential COG (13) -- 0
g/t Au
Measured 0 0 0 0.00 0
Indicated 4,679 0 0 0.56 84
Measured and indicated 4,679 0 0 0.56 84
Inferred 4,352 0 0 0.72 101
Totals

In optimized pit shell(12) Tonnes Silver grade Silver Gold grade Gold
(kt) (g/t) (koz) (g/t) (koz)
Potential COGs variable (13)
Measured 2,887 144 13,340 0.27 25
Indicated 10,119 58 18,938 0.42 137
Measured and indicated 13,006 77 32,277 0.39 161
Inferred 5,678 27 4,974 0.81 148

ASSUMPTIONS RELATING TO THE PIT OPTIMIZATION

Assumptions for in-pit resource shells Deposits Units Values

Gold price all $/oz 1,250
Silver price all $/oz 18.00
Mining cost heap leach pad $/t 1.00
El Gallo (14) $/t 1.95
Palmarito (14) $/t 1.95
Palmarito dump $/t 1.00
Carrisalejo $/t 1.95
El Encuentro $/t 1.95
Processing and G&A heap leach pad $/t 13.80
El Gallo (14) $/t 23.29
Palmarito (14) $/t 23.29
Palmarito dump $/t 23.29
Carrisalejo $/t 23.29
El Encuentro $/t 23.29
Recovery -- Au Heap leach pad % 90
El Gallo (14) % 79.2
Palmarito (14) % 88.4
Palmarito dump % 87.4
Carrisalejo % 79.2
El Encuentro % 43.7
Recovery -- Ag heap leach pad % 0
El Gallo (14) % 87.6
Palmarito (14) % 57.2
Palmarito dump % 81.5
Carrisalejo % 87.6
El Encuentro % 65.2
Cut-off grade heap leach pad Au g/t 0 (0.38) (15)
El Gallo (14) Ag g/t 50
Palmarito (14) Ag g/t 70
Palmarito dump Ag g/t 52
Carrisalejo Ag g/t 46
El Encuentro Au g/t 0.78
Interramp pit slope angle heap leach pad degrees 18.4
El Gallo (14) degrees 45.0
Palmarito (14) degrees 45.0
Palmarito dump degrees n/a
Carrisalejo degrees 45.0
El Encuentro degrees 45.0

Metallurgical testing

Preliminary metallurgical testwork conducted in 2018 indicated that the El Gallo gold heap leach pad material would be amenable to direct cyanidation following conventional grinding. Testwork identified moderate levels of soluble copper and zinc.

From 2010 to 2016 extensive metallurgical testwork has been conducted on samples from the El Gallo silver deposit using a direct cyanidation flow sheet. From 2017 to 2018 metallurgical testwork has been focused on using conventional flotation techniques to separate the slower leaching minerals to enable separate cyanide leaching of bulk flotation concentrate and flotation tailings streams with tailored leach conditions to reduce overall size of the leaching circuit.

Results have proved favourable and a flowsheet incorporating bulk flotation and separate leaching of bulk flotation concentrates and tailings for treatment of El Gallo silver has been adopted.

Historical testwork records have been utilized to gain a preliminary understanding of the remaining resources along with some scoping testwork conducted in 2018 to determine how material from the other higher-grade silver deposits included in the conceptual production schedule would respond to the selected flowsheet.

Results from the scoping tests indicate that the Carrisalejo material will likely perform similarly to the El Gallo silver with respect to silver recovery. Scoping test results showed only modest silver recovery from flotation for the Palmarito sample. However, separate cyanide leaching of the bulk flotation concentrates and flotation tailings streams achieved positive results. The treatment process for Palmarito and Carrisalejo open pit material has therefore been assumed to be similar to El Gallo silver pending additional sampling and metallurgical testwork to confirm.

LOM METAL RECOVERIES FOR THE PRODUCTION MODEL

Resource area LOM gold recovery LOM silver recovery

El Gallo heap leach pad 88% -
El Gallo silver 75% 86%
Palmarito 85% 75%
Carrisalejo 75% 85%
El Encuentro 90% 60%


For the 2018 PEA metallurgical samples selected for testing were assumed to be representative. Note that the Palmarito, Carrisalejo and El Encuentro deposits included in the production schedule have been subjected only to scoping level metallurgical testwork using the selected process flowsheet. Further sampling and testwork are required to better understand the response of each of the deposits to the selected flowsheet.

Exploration

Over the past years, exploration efforts have focused on both near-mine and property-wide exploration. Near-mine drilling efforts have been successful in delineating and extending mineralization near the Samaniego and Sagrado Corazon open pits. Recently defined mineralization contains significant sulphides and therefore gold extraction is better suited for flotation processing than heap leach processing, the phase 2 plant could be modified to process these resources. At the property scale, significant mineralization has been confirmed at the El Encuentro zone, which is located 10 km from the El Gallo gold mine.

A property-wide soil geochemical survey was completed earlier this year and results indicate the potential for extensions of known zones of sulphide mineralization in the district. In addition, multiple targets were identified from the survey, and field evaluation and ranking of targets for drill testing is in progress.

Further optimization, cost reductions and project potential

The company believes there are opportunities to further improve the economics of the Fenix project through continued testing and trade-off studies that will be continued throughout 2018.

Capital cost estimates for the project are to a level of accuracy that is consistent with a PEA technical report. During the next 14 months the company will continue to review mineral processing, mine sequencing, material transportation and tailings disposal options; and the flow sheet will be optimized by undertaking trade-off studies, update cost models and undertake additional confirmatory testwork.

The complete Fenix project PEA NI 43-101 technical report will be available on SEDAR and the company's website within 45 days.

Footnotes

(1) All amounts are in U.S. dollars.

(2) All references to AuEq are based on a 75 Ag ounce to one Au ounce ratio.

(3) The heap leach pad spent ore resource number assumes a cut-off grade that permits processing of the entire pad whereas blocks within the leach pad model will be mobilized while mining which will make them difficult to segregate; subcut-off leach pad material will inherently have potential acid generating sulphide liabilities if placed in the company's waste dumps and so it will be prudent to process the entire leach pad and place tailings in the Samaniego pit at an overall environmental and economic benefit.

(4) Production numbers for El Gallo silver are taken from designed pits from prior studies, which do not differ materially from published optimized pit resource numbers.

(5) Production numbers for Palmarito are also taken from designed pits from prior studies, and do not differ materially from published optimized pit resource numbers.

(6) Cash cost is calculated by dividing total life-of-mine production costs by total ounces produced.

(7) All-in sustaining costs (AISC) are calculated by dividing the sum of all cash costs plus capital, sustaining capital, operating, tax and reclamation costs by total ounces produced.

(8) Mining of heap leach spent ore requires no drilling or blasting.

(9) The heap leach pad is located immediately adjacent to the proposed plant location requiring no separate haulage costs in addition to mining.

(10) CONAGUA is the Mexican federal water authority (Comision Nacional del Agua).

(11) Mineral resources are not mineral reserves and do not have demonstrated economic viability. There is no certainty that all or any part of the mineral resources estimated will be converted into mineral reserves. Numbers in the table have been rounded to reflect the accuracy of the estimate and may not sum due to rounding.

(12) Resources stated as contained within a potentially economically minable open pit; pit optimization parameters are: $1,250 (U.S.)/ounce Au and $18 (U.S.)/ounce Ag. Resource models have been developed based on gold and silver recoveries from historical testwork programs, which were based on a different process flow sheet to what has been adopted for the project.

(13) Cut-off grades vary by pit according to parameters.

(14) Although there is an in-pit resource created by these assumed parameters the production numbers used in this PEA exercise come from designed pits created for earlier studies.

(15) The heap leach pad COG is an academic number in this PEA whereas the resource number assumes a cut-off grade that permits processing of the entire pad whereas blocks within the leach pad model will be mobilized while mining which will make them difficult to segregate; subcut-off leach pad material will inherently have potential acid generating sulphide liabilities if placed in the company's waste dumps and so it will be prudent to process the entire leach pad.

QUALIFIED PERSONS
Responsible person Company Primary areas of responsibility

Luke Willis McEwen geology, drilling, resource estimates, sampling, data verification, resource estimates
Xavier Ochoa McEwen mining, infrastructure and tailings, permitting, and financial analysis
Brendan Mulvihill GRES metallurgical, process plant capex and opex

The technical contents of this news release have been reviewed and approved by Dr. Nathan M. Stubina, PhD, PEng, FCIM, managing director, and Xavier L. Ochoa, qualified person, member of the Mining and Metallurgical Society of America, and qualified persons as defined by Canadian Securities Administrators' National Instrument 43-101 -- Standards of Disclosure for Mineral Projects.

About McEwen Mining Inc.

McEwen has the goal to qualify for inclusion in the S&P 500 Index by creating a profitable gold and silver producer focused in the Americas. McEwen's principal assets consist of: the San Jose mine in Santa Cruz, Argentina (49-per-cent interest); the El Gallo gold mine in Mexico; the Black Fox mine in Timmins, Canada; the Gold Bar mine in Nevada, currently under construction; and the large Los Azules copper project in Argentina, advancing toward development.

We seek Safe Harbor.

© 2018 Canjex Publishing Ltd. All rights reserved.

[Ramses21]

Es gefällt mir nicht das McEwen ständig neue Aktien ausgiebt. Das ist im Prinzip nichts anderes wie Gold Streams zu verkaufen. Eine Finanzierung nur anders eingepackt. Wie viel Geld ist für Gold Bar noch nötig?

[meichel]

[urlhttps://www.newsfilecorp.com/release/35178/Romios-Closes-Sale-of-Timmins-Hislop-Property-to-McEwen-Mining][/url]

[Ramses21]

9,75 % Verzinsung für die 50 Millionen finde ich sehr viel. Das ist nur ein Geschäft für uns Aktionäre wenn der Goldpreis ordentlich steigt.

[freddy1989]

Antwort auf Beitrag Nr.: 57.962.544 von Ramses21 am 12.06.18 00:12:30

9,75% sind ziehmlich heftig finde ich keine Ahnung wie sich andere Firmen gerade z.b in Australien so finanzieren können....

Denke mal Rob Mc Ewen weiss was er tut aber die Schulden sollten schnell zurück gezahlt werden wie lange braucht die Firma noch bis die neue Mine starten kann?

[boersentrader02]

Wenn es nach mir gehen sollte, sollte er Recht haben.

Ob es aber so kommt, leider weiss das Keiner ?

Bereitet Gold eine Trendumkehr vor?
27. Juni 2018

Aktuell kann der Goldpreis nicht von der schlechten Stimmung an der Börse, die eine Reaktion auf die eskalierenden Handelsstreitigkeiten zwischen den USA und ihren größten Handelspartnern entstand, profitieren. Im Gegenteil, Gold gab die letzten Tage weiter nach. Ein Analyst allerdings erwartet, dass dies nur das Vorspiel einer Trendumkehr ist und der Goldpreis wieder deutlich zulegen könnte.

https://www.goldinvest.de/aus-der-redaktion/1842-bereitet-go…

[bigyawn]

McEwen Mining files new PEA for El Gallo

2018-07-09 13:03 ET - News Release

Mr. Rob McEwen reports

MCEWEN MINING FILES FENIX PRELIMINARY ECONOMIC ASSESSMENT EXTENDS EL GALLO MINE LIFE BY 12 YEARS

McEwen Mining Inc. has filed the new preliminary economic assessment prepared in accordance with National Instrument 43-101 on its 100-per-cent-owned El Gallo complex.

Some of the details in the preliminary economic assessment document filed today differ from those disclosed in the news release dated May 25, 2018, entitled, "McEwen Mining Announces New Preliminary Economic Assessment -- Extending Life An Additional 10 Years in Mexico." Please disregard the news release dated May 25, 2018.

The differences are provided in the attached table.


Prior Disclosure Finalized PEA Change

Mine life 10 years 12 years Increased 2 years
Base case after-tax IRR 25% 28% Increased 3%
Upside case after-tax IRR 30% 33% Increased 3%
Base case payback period Four years 4.1 years Increased 0.1 years
Upside case payback period 3.8 years 3.9 years Increased 0.1 years
Upside case after-tax NPV $77-million $75-million Decreased $2-million
Heap leach pad contained AuEq oz 197,285 185,179 Decreased 6%
Heap leach pad recovered AuEq oz 172,989 162,958 Decreased 6%
Total contained AuEq oz 679,106 667,001 Decreased 2%
Total recovered AuEq oz 572,981 562,950 Decreased 2%
Average mined grade 1.17 g/t AuEq 1.20 g/t AuEq Increased 2.6%

The PEA is available for review at the company's website and on SEDAR.

This preliminary economic assessment study evaluates the potential extension of production from the El Gallo Complex in Sinaloa, Mexico. The proposed development plan evaluated in the preliminary economic assessment is called Project Fenix. The key outcomes of Project Fenix include an average annual production rate of 47,000 ounces gold equivalent (AuEq), a 12-year mine life, low initial capital cost of $41-million, mine pay-back of 4.1 years, and an after-tax IRR of 28% at current gold and silver prices.

Summary of the Project Fenix (Base Case) preliminary economic assessment at $1,250/oz gold and $16/oz silver prices:

Estimated initial capital cost of $41-million for phase 1 and $30-million for phase 2;
Pay-back period of 4.1 years;
28% after-tax IRR and $60-million NPV at 5% discount rate;
$12.7-million of average annual cash flow from operations from year 2 onwards;
47,000 ounces average annual AuEq production;
Cash cost of $704 and $857 per ounce AuEq for phases 1 and 2 respectively;
12-year Life-of-Mine (LOM);
Updated resource estimate totaling 13-million tonnes at an average grade of 0.39 g/t gold and 77 g/t silver (Measured and Indicated) containing 591,000 oz AuEq, and 5.7-million tonnes at an average grade of 0.81 g/t gold and 27 g/t silver (Inferred) containing 214,000 oz AuEq.

The preliminary economic assessment was prepared by GR Engineering Services Limited (GRES), an engineering, consulting and contracting company, under the direction of McEwen Mining in accordance with the requirements of Canadian National Instrument 43-101 "Standards of Disclosure for Mineral Projects" ("NI 43-101"). Contact details for GRES can be found after the footnotes below.

Financial Analysis

The project base case generates an after-tax net present value (NPV 5% ) of $60-million, an IRR of 28%, and an annual average after-tax cash flow from operations of $12.7-million per year of operation after the completion of phase 2.

AFTER-TAX FINANCIAL RESULTS FOR THREE SCENARIOS

Downside case Base case Upside case
$1,200/oz Au, $15/oz Ag $1,250/oz Au, $16/oz Ag $1,300/oz Au, $17/oz Ag
plus 30-per-cent Capex increase

phase 1 Capex $53-million $41-million $41-million
phase 2 Capex $40-million $30-million $30-million
IRR 14% 28% 33%
NPV at 5 per cent
discount rate $30-million $60-million $75-million
Payback period 6.5 years 4.1 years 3.9 years

Mining and Processing Details

The Fenix Project involves a two-phase development process. phase 1 includes the reprocessing of material on the gold heap leach pad at the existing El Gallo Gold Mine, and phase 2 includes the processing of open pit gold and silver mineralization from several deposits including El Gallo Silver, Palmarito, El Encuentro and Carrisalejo.

The process plant would use conventional and proven mineral processing and precious metals recovery technologies. phase 1 would have a throughput rate of 5,000 tonnes per day (tpd). During phase 2 fresh mineralized material from the higher grade silver deposits (El Gallo Silver primarily) can only be processed at a maximum of 3,250 tpd.

The selected process recovery methods are based on separate treatment of heap leach material (phase 1) and fresh mineralised material from other deposits (phase 2). phase 1 operation would target gold recovery from the heap leach pad material using a conventional ball grinding mill and a hybrid carbon-in-leach (CIL) circuit to recover gold onto activated carbon. Industry standard elution, electrowinning and smelting circuits would be used to produce a dore product.

In phase 2 the process facility would be modified to enable treatment of mineralized material from El Gallo Silver followed by other deposits in the complex. phase 2 operations would employ conventional flotation technology followed by intensive leaching and zinc precipitation using the Merrill Crowe process for silver and gold recovery. The phase 1 CIL plant would continue to be used for leaching of the flotation tailings to maximize overall silver recoveries during phase 2. phase 2 would also use the existing three stage crushing plant to prepare material for delivery to the grinding circuit.

Tailings produced during the operation would be stored in a mined-out open pit at the El Gallo Gold Mine. As part of this process, tailings deposition would include a delivery system designed to maximize tailings consolidation and water recovery.

The proposed process plant and the El Gallo Silver deposit are separated by about 6.5 km; requiring construction of a dedicated haul road for the transport of mineralized material. A new substation and power line would connect both projects to the national electrical grid.

Over the mine life, production would total 17.2-million tonnes of mineralized material at an average head grade 1.20 g/t AuEq containing 667 koz AuEq, and recovering a total of 563 koz AuEq. The planned production schedule is shown on Table 2.

PRODUCTION SUMMARY

Gold Silver Production Waste Strip Contained Recovered % of recovered
(g/t) (g/t) model (tonnes) ratio metal metal oz AuEq
(tonnes) (oz AuEq) (oz AuEq)

El Gallo heap
leach pad 0.64 0 9,024,027 0 - 185,179 162,958 29%
El Gallo silver 0.11 117.2 5,413,000 20,468,000 3.8 291,432 248,502 44%
Palmarito 0.37 149.9 1,796,194 5,518,199 3.1 136,948 104,863 19%
Carrisalejo 0.60 95.0 263,177 1,472,104 5.6 15,763 12,894 2%
El Encuentro 1.56 2.2 736,540 5,660,945 7.7 37,678 33,733 6%
Totals 1.20 g/t AuEq 17,232,938 33,119,248 - 667,001 562,950 100%


Capital and Operating Costs

The Fenix Project's low up-front capital requirements are primarily due to:

Utilizing existing infrastructure at the El Gallo Gold Mine;

Commissioning a tailings storage facility in an existing pit;

Significantly reducing the required leach tank volumes for El Gallo Silver processing.

phase 1 initial capital expenditure is estimated at $41-million, phase 2 additional expansion capital expenditure is $30-million, and sustaining capital and closure obligations of $10-million brings the total LOM capital required to $81-million.

Mining and operating costs were estimated based on process design criteria, equipment lease rates, labor, reagent, grid power supply, diesel fuel, explosives, maintenance, and other miscellaneous costs. All costs are in Q1 2018 dollars.

OPERATING COST/OZ SUMMARY

Cash cost per oz AuEq AISC per oz AuEq

Phase 1 $704 $704
Phase 2 857 877
Overall project 836 853

CAPITAL COST SUMMARY

Description phase 1 (in millions) phase 2 (in millions) Sustaining (in millions)

Process plant direct costs $28.9 $16.6 -
Infrastructure and owners 1.4 0.8 $4.5
Indirect costs 7.4 6.0 -
Contingency 3.2 2.0 -
Mining 0.0 5.0 5.0
Total 40.9 30.4 9.5
Project total 80.8 - -

OPERATING COST PER TONNE SUMMARY

Resource Plant Opex ($/t) Mining ($/t) Haulage ($/t) G and A ($/t) Total Opex ($/t)

El Gallo heap leach pad $10.77 $0.53 $0.00 $2.50 $13.80
El Gallo silver 21.50 8.61 2.00 3.85 35.96
Palmarito 21.50 7.33 7.00 3.57 39.40
Carrisalejo 21.50 11.87 2.00 3.13 38.50
El Encuentro 15.00 15.63 6.00 3.13 39.76

Existing Permits

The current operation at the El Gallo Gold Mine is a fully permitted open pit mine with a heap leach and ADR process facilities. El Gallo Silver and Palmarito are fully permitted for the construction of a CIL mill and drystack tailings facility. Some amendments to the permits are required for Project Fenix.

Future Permitting & Timing

phase 1 requires amendment of the current permits to include the construction of a mill and leach circuit at the location of the existing El Gallo Gold Mine for the reprocessing of the heap leach pad material. The permit amendment will also include the backfilling of the Samaniego pit with mill tailings as part of an integrated concurrent closure plan for the El Gallo Gold Mine. phase 2 permitting will require authorization to augment the tailings volume to be stored in the Samaniego pit, and El Gallo Silver permits require amendments to change the processing location to El Gallo Gold.

The Fenix Project has CONAGUA(11) approval for the extraction of groundwater and for the construction of wells.

Advancing the project will require permit amendments and approval by the Federal Environmental Authority (SEMARNAT) for phase 1 and subsequently for phase 2.

The company seeks to obtain approval of the phase 1 El Gallo permit modifications by Q4 2018 and phase 2 approvals by Q3 2019. Further project advancement in 2019 is subject to permit approvals.

Resource Estimates

Estimated resources for the Fenix Project are comprised only of material within the boundaries of conceptual pit shells, except for the El Gallo heap leach pad and Palmarito dumps, which are considered available for reprocessing.

MINERAL RESOURCE ESTIMATES

El Gallo silver
In optimized pit shell Tonnes Silver grade Silver Gold grade Gold
(kt) (g/t) (koz) (g/t) (koz)
Potential COG -- 50
g/t Ag
Measured 1,057 150 5,088 0.09 3
Indicated 4,436 120 17,053 0.13 19
Measured and indicated 5,493 125 22,140 0.12 22
Inferred 564 82 1,488 0.38 7

Palmarito
In optimized pit shell Tonnes Silver grade Silver Gold grade Gold
(kt) (g/t) (koz) (g/t) (koz)
Potential COG -- 70
g/t Ag
Measured 1,653 136 7,245 0.38 20
Indicated 11 148 52 0.23 0
Measured and indicated 1,664 136 7,297 0.38 20
Inferred 528 133 2,258 0.30 5

Palmarito dumps
Tonnes Silver grade Silver Gold grade Gold
(kt) (g/t) (koz) (g/t) (koz)
Potential COG -- 52
g/t Ag
Measured 177 177 1,007 0.29 2
Indicated 68 154 338 0.24 1
Measured and indicated 246 170 1,345 0.28 2
Inferred 0 0 0 0.00 0

Carrisalejo
In optimized pit shell Tonnes Silver grade Silver Gold grade Gold
(kt) (g/t) (koz) (g/t) (koz)
Potential COG -- 46
g/t Ag
Measured 0 0 0 0.00 0
Indicated 391 116 1,454 0.11 1
Measured and indicated 391 116 1,454 0.11 1
Inferred 42 821 1,111 0.02 0

El Encuentro
In optimized pit shell Tonnes Silver grade Silver Gold grade Gold
(kt) (g/t) (koz) (g/t) (koz)
Potential COG -- 0.78
g/t Au
Measured 0 0 0 0.00 0
Indicated 534 2 42 1.87 32
Measured and indicated 534 2 42 1.87 32
Inferred 190 19 117 5.68 35

El Gallo heap leach pad
Tonnes Silver grade Silver Gold grade Gold
(kt) (g/t) (koz) (g/t) (koz)
Potential COG -- 0
g/t Au
Measured 0 0 0 0.00 0
Indicated 4,679 0 0 0.56 84
Measured and indicated 4,679 0 0 0.56 84
Inferred 4,352 0 0 0.72 101
Totals

In optimized pit shell Tonnes Silver grade Silver Gold grade Gold
(kt) (g/t) (koz) (g/t) (koz)
Potential COGs variable
Measured 2,887 144 13,340 0.27 25
Indicated 10,119 58 18,938 0.42 137
Measured and indicated 13,006 77 32,277 0.39 161
Inferred 5,678 27 4,974 0.81 148

Metallurgical Testing

Preliminary metallurgical test work conducted in 2018 indicated that the El Gallo Gold heap leach pad material would be amenable to direct cyanidation following conventional grinding. Test work identified moderate levels of soluble copper and zinc.

From 2010 to 2016 extensive metallurgical test work has been conducted on samples from the El Gallo Silver deposit using a direct cyanidation flow sheet. From 2017 to 2018 metallurgical test work has been focused on using conventional flotation techniques to separate the slower leaching minerals to enable separate cyanide leaching of bulk flotation concentrate and flotation tailings streams with tailored leach conditions to reduce overall size of the leaching circuit.

Results have proved favorable and a flowsheet incorporating bulk flotation and separate leaching of bulk flotation concentrates and tailings for treatment of El Gallo Silver has been adopted.

Historical test work records have been utilized to gain a preliminary understanding of the remaining resources along with some scoping test work conducted in 2018 to determine how material from the other higher-grade gold and silver deposits included in the conceptual production schedule would respond to the selected flowsheet.

LOM METAL RECOVERIES FOR THE PRODUCTION MODEL

Resource area LOM gold recovery LOM silver recovery

El Gallo heap leach pad 88% -
El Gallo silver 75% 86%
Palmarito 85% 75%
Carrisalejo 75% 85%
El Encuentro 90% 65%

Results from the scoping tests indicate that the Carrisalejo material will likely perform similarly to El Gallo Silver with respect to silver recovery. Scoping test results showed only modest silver recovery from flotation for the Palmarito sample. However, separate cyanide leaching of the bulk flotation concentrates and flotation tailings streams achieved positive results. The treatment process for Palmarito and Carrisalejo open pit material has therefore been assumed to be similar to El Gallo Silver pending confirmation through additional sampling and metallurgical test work.

For the preliminary economic assessment metallurgical samples selected for testing were assumed to be representative. Note that the Palmarito, Carrisalejo and El Encuentro deposits included in the production schedule have only been subjected to scoping level metallurgical test work using the selected process flowsheet.

Further sampling and test work is required to better understand the response of each of the deposits to the selected flowsheet.

Exploration

In recent years, exploration efforts at the El Gallo Complex have focused on both near-mine and property-wide targets. Near-mine drilling efforts have been successful in delineating and extending mineralization near the Samaniego and Sagrado Corazon pits. The new gold mineralization generally contains sulfides that could be processed in the phase 2 process plant. At the property scale significant mineralization has been confirmed at the El Encuentro zone, which is located 10 km from the El Gallo Gold Mine.

A property-wide soil geochemical survey was completed earlier this year and results indicate the potential for extensions of known zones of sulfide mineralization. In addition, multiple targets were identified from the survey, and field evaluation and ranking of targets for drill testing is in progress.

Further Optimization, Cost Reductions and Project Potential

The company believes there are opportunities to further improve the economics of the Fenix Project through ongoing testing and trade-off studies that will be continued throughout 2018.

Capital cost estimates for the project are to a level of accuracy that is consistent with a preliminary economic assessment technical report . During the next 14 months we will continue to review mineral processing, mine sequencing, material transportation and tailings disposal options ; and the flow sheet will be optimized by undertaking trade-off studies, update cost models and additional metallurgical testwork.

QUALIFIED PERSONS

Responsible person company Primary areas of responsibility

Luke Willis McEwen Geology, drilling, resource estimates, sampling, data verification, resource estimates
Xavier Ochoa McEwen Mining, infrastructure and tailings, permitting, financial analysis
Brendan Mulvihill GRES Metallurgical, process plant capex and opex

The technical contents of this news release have been reviewed and approved by Dr. Nathan M. Stubina, PhD, PEng, FCIM, managing director, and Xavier L. Ochoa, qualified person, member of the Mining and Metallurgical Society of America, and qualified persons as defined by Canadian Securities Administrators' National Instrument 43-101 -- Standards of Disclosure for Mineral Projects.

About McEwen Mining Inc.

McEwen Mining has the goal to qualify for inclusion in the S&P 500 Index by creating a profitable gold and silver producer focused in the Americas. McEwen Mining's principal assets consist of: the San Jose mine in Santa Cruz, Argentina (49-per-cent interest); the El Gallo gold mine in Mexico; the Black Fox mine in Timmins, Canada; the Gold Bar mine in Nevada, currently under construction; and the large Los Azules copper project in Argentina, advancing toward development.

We seek Safe Harbor.

© 2018 Canjex Publishing Ltd. All rights reserved.

[freddy1989]

Marktkap. 755,07 Mio.
KGV 50,89

Weiss jemand wie hoch die Assets von Mc Ewen Mining bewertet sind ? und ob die Bewertung Fair ist im Bezug auf die Market cap?

[bigyawn]

ORIGINAL: McEwen Mining Black Fox Exploration News

2018-07-25 06:30 ET - News Release

TORONTO, July 25, 2018 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) reports additional encouraging exploration results from its ongoing $15 million exploration program at the Black Fox Complex near Timmins, Ontario, Canada.
McEwen’s 2018 exploration goals are to grow known deposits and make new discoveries to contribute to near-term gold production. During Q2 a total of 129,000 ft (39,300 meters (m)) of surface exploration drilling was completed at Black Fox Complex, for a year-to-date total of 220,000 ft (66,900 m).
“Our drilling continues to deliver very encouraging results, particularly from the three project areas highlighted in this release: Stock East, Froome and Gibson. Continued drilling success reinforces our view about the strong exploration potential of both the Black Fox and Stock properties,” stated Sylvain Guerard, Senior Vice-President Exploration.
Three of our exploration targets are covered in this release: Stock East, Froome and Gibson. Underground delineation drilling intercepts from Black Fox are also included, along with a revised Black Fox Mine resource estimate, which eliminates the Inferred resource category and increases the Indicated ounces and grade.
Stock East
The Stock Mine property covers a 4 mile (6.5 km) section of the Destor-Porcupine fault, and produced 137,000 gold ounces at a grade of 5.5 g/t between 1989 and 2005. Our winter drilling program was designed to follow-up on historical intersections and geophysical targets; it returned better than expected results at the Stock East target and prompted an expanded 66,000 ft (20,000 m) drilling program beginning in early June. Three drill rigs are currently active and will infill the Stock East target, test the depth extension of the Stock Mine below 500 m, and attempt to join mineralization at Stock East with the historical Stock Mine over a 2,000 m long trend (see Figure 1).
Stock East has a strike length of approximately 500 m and extends vertically from surface to a depth of at least 450 m.   Its proximity to our mill facility makes Stock’s potential for an open-pittable deposit a particularly attractive target.
Significant drill intersections include:
Hole
From (m)
To (m)
Length (m)
TW (m)
Au (g/t)
S18-08
375.80
388.00
12.20
9.90
3.39
Including
375.80
376.80
1.00
0.81
9.51
S18-14
203.45
207.60
4.15
3.72
2.30
S18-16A
236.60
243.00
6.40
5.39
1.83
And
253.10
265.00
11.90
10.02
1.53
S18-18
226.00
234.00
8.00
5.43
1.60
S18-19
143.00
160.90
17.90
16.46
2.62
Including
150.00
159.00
9.00
8.28
3.89
S18-20
157.00
158.00
1.00
0.92
7.19
And
170.32
177.00
6.68
6.14
2.08
*TW = True Width (mathematically calculated based on current interpretation)
Froome
The Froome deposit is located 2,800 ft (850 m) to the West of the Black Fox open pit. It was discovered in 2014 and has a current Indicated resource of 159,000 gold ounces at a grade of 5.26 g/t.
Drilling at Froome during Q2 has identified a mineralized structure in the footwall, approximately 150 m North of the Main Froome Deposit (see Figure 2). The gold-bearing trend hosts clusters of positive drill intersections at Froome Northwest, North and Southeast that may lead to the definition of additional zones of mineralization proximal to the Froome Deposit. In addition, new drill intersections below the Froome Deposit suggest some incremental resource expansion potential. The potential to develop underground access to the Froome Deposit through mineralization in the footwall could provide a major enhancement to the project’s economics and will be evaluated once drilling to better define the zones is complete.
Footwall drilling highlights include the following intersections:
19.42 g/t gold over 2.5 m, including 52.7 g/t gold over 0.83 m at the Footwall NW area;
7.97 g/t gold over 5.99 m at the Footwall North area; and
7.91 g/t gold over 3.12 m, including 13.9 g/t gold over 1.56 m at the Footwall SE area. 
Drilling down-dip of the Froome Deposit encountered 4.04 g/t gold over 7 m, suggesting the mineralization continues at depth. Drilling at Froome will continue in Q3 to follow up on these results.
Significant Froome drill intersections include:
Hole
Zone
From (m)
To (m)
Length (m)
TW (m)
Au (g/t)
18BF-663
Footwall SE
58.00
62.00
4.00
3.12
7.91
Including
 
58.00
60.00
2.00
1.56
13.90
18PR-G234
Footwall N
51.20
53.60
2.40
2.11
5.70
18PR-G239
Footwall NW
325.00
328.00
3.00
2.47
8.05
18PR-G243
Footwall NW
88.00
91.00
3.00
2.50
19.42
Including
 
88.00
89.00
1.00
0.83
52.70
And
 
97.00
119.00
22.00
18.16
1.86
Including
 
113.00
118.00
5.00
4.13
3.97
18PR-G245
Footwall NW
198.8
200.00
1.20
0.99
12.92
18PR-G247
Footwall NW
67.00
79.00
12.00
10.02
1.28
18PR-G248
Footwall NW
300.20
302.00
1.80
1.45
9.61
18PR-G256
Footwall N
60.00
65.00
5.00
4.28
3.65
Including
 
63.60
64.00
0.40
0.34
33.40
And
 
71.00
78.00
7.00
5.99
7.97
Including
 
71.00
74.00
3.00
2.57
17.51
18PR-G258A
Main
341.00
349.00
8.00
7.00
4.04
18PR-G259
Footwall N
83.00
86.00
3.00
2.60
9.46
Including
 
84.00
85.00
1.00
0.87
17.55
18PR-G262
Main
129.00
132.00
3.00
2.61
3.83
Gibson
The Gibson exploration target area is adjacent the Grey Fox Deposit, where Indicated resources of 465,000 gold ounces at a grade of 6.64 g/t, and Inferred resources of 100,000 gold ounces at 6.83 g/t are currently defined.
The present dimensions of the Gibson Zone mineralization are approximately 100 m in length along strike and 400 m depth from near surface. Additional drilling is underway to better define the extent and orientation of the mineralization.  
Hole 18GF-1079 returned 3.11 g/t gold over 34 m (core length), including 10.81 g/t gold over 6 m, from a new style of breccia mineralization identified at the Gibson area. This new intersection suggests the potential for extension of the mineralization to a 500 m depth below surface. Drilling will continue in Q3 to further assess the potential depth extension.
Significant Gibson drill intersections include:
Hole
From (m)
To (m)
Length (m)
TW (m)
Au (g/t)
18GF-1063
565.00
568.00
3.00
2.49
5.84
18GF-1064
371.45
373.00
1.55
1.28
10.12
18GF-1066
112.00
116.00
4.00
3.64
4.57
18GF-1079
520.00
554.00
34.00
*
3.11
Including
521.00
527.00
6.00
*
10.81
18GF-1080
492.00
501.00
9.00
7.71
5.96
Including
499.00
501.00
2.00
1.71
17.55
18GF-1094
29.00
37.00
8.00
6.37
4.26
Including
34.00
37.00
3.00
2.39
7.58
 * True width unknown
Black Fox Underground
During Q2 a significant portion of the underground drilling was dedicated to confirming and expanding known mineralized trends that are located close to current workings and that could be brought into production quickly. Definition drilling to the east of 560 Central Zone (CZ) has extended the east sill nearly 30 m. Drill intercepts have recently been confirmed with high grade chip samples that were taken across development faces, including: 27.65 g/t gold over 3.4 m and 90.22 g/t gold over 3.3 m.
Central Zone drilling highlights include:
Hole
From (m)
To (m)
Length (m)
TW (m)
Au (g/t)
560-F098-05*
77.00
85.10
8.10
6.12
27.76
560-F098-14
63.00
70.00
7.00
4.90
12.72
      * Previously disclosed
Infill drilling targeting the 780 to 820-meter levels of the Deep Central Zone (DCZ) was designed to aid in future development and production planning and has returned high grade intercepts, showing the impressive nature and continuity of the DCZ at depth.
Deep Central Zone drilling highlights include:
Hole
From (m)
To (m)
Length (m)
TW (m)
Au (g/t)
800-F302-13
64.22
73.00
8.78
7.52
44.41
800-F302-15
66.00
68.67
2.67
2.43
141.19
800-F302-16
52.00
61.00
9.00
7.63
43.45
800-F302-18
60.00
63.19
3.19
2.72
47.86
Underground mining and exploration efforts in Q3 will be dedicated to: 1) Conversion of ounces from the resource to the reserve category, and 2) Development of an exploration drift to provide additional drill platforms to test the depth extension of the mine that remains open.
Resource Update
An updated mineral resource estimate for Black Fox Mine with an effective date of March 31, 2018 was completed by SRK Consulting (Canada) Inc. The resource update reflects improved modeling of underground voids, and additional definition and delineation drilling. SRK’s methodology applied to the current resource remained consistent with that used in 2017. The tables (i-iii) below summarize the current resource estimates for the Black Fox Complex.
The next update of the Black Fox Complex resource estimates is planned at the end of the year, and will be published early in 2019 along with the revised and restated mineral reserve estimate.
Table i: Mineral Resource Statement, Black Fox Mine, SRK Consulting (Canada) Inc., March 31, 2018
Classification
 
Cut-off Grade Gold
(g/t)
Quantity
(‘000 t)
Grade Gold
(g/t)
Contained Gold
(‘000 oz)
Indicated Mineral Resource
Underground
Black Fox
3.00
2,268
7.90
576
Total Indicated
 
 
2,268
7.90
576
Table ii: Mineral Resource Statement, Froome and Grey Fox, SRK Consulting (Canada) Inc., October 31, 2017
Classification
 
Cut-off Grade Gold
(g/t)
Quantity
(‘000 t)
Grade Gold
(g/t)
Contained Gold
(‘000 oz)
Indicated Mineral Resource
Underground
Froome
3.20
941
5.26
159
 
Grey Fox
3.60
2,177
6.64
465
Total Indicated
 
 
3,118
6.22
624
Inferred Mineral Resource
Underground
Froome
3.20
125
4.70
19
 
Grey Fox
3.60
453
6.83
100
Total Inferred
 
 
578
6.37
119
Table iii: Tamarack Mineral Resource Estimate, SRK Consulting (Canada) Inc., March 31, 2018
Classification
Cut-off
grade
Au Eq
(g/t)
Quantity
Tonnes
(000s)
Grade
Contained Metal
Gold
(g/t)
Silver
(g/t)
Lead
%
Zinc
%
Au Eq
(g/t)
Gold
Ounces
(000s)
Silver
Ounces
(000s)
Lead
Tonnes
(000s)
Zinc
Tonnes
(000s)
Au Eq
Ounces
(000s)
Total Indicated Resource
3.00
778
1.83
26
1.08
3.29
5.08
46
663
8
26
127
Mineral resources are not mineral reserves and do not have demonstrated economic viability. All figures rounded to reflect the relative accuracy of the estimates. Composites were capped where appropriate. Mineral resources reported at variable cut-off grades as indicated, assuming an underground extraction scenario, a gold price of US$1,500/oz (Black Fox, Froome, and Grey Fox) or for Tamarack: US$1,200/oz Au, US$17.00/oz Ag, US$1.00/lb Pb, and US$1.20/lb Zn, C$:US$ exchange rate of 1.25; and metallurgical gold recoveries of 96% for Black Fox, 90% for Froome and 80% for Grey Fox.
Figure 1 – Stock Exploration Drilling (Click to download .PDF):
http://mcewenmining.com/files/doc_news/archive/20180724_bf/f…
Figure 2 – Froome Exploration Drilling (Click to download .PDF):
http://mcewenmining.com/files/doc_news/archive/20180724_bf/f…
Figure 3 – Gibson Exploration Drilling (Click to download .PDF):
http://mcewenmining.com/files/doc_news/archive/20180724_bf/f…
Table 1 – All Drilling (Click to download .XLS):
http://mcewenmining.com/files/doc_news/archive/20180724_bf/t…
ABOUT MCEWEN MINING
McEwen’s goal is to qualify for inclusion in the S&P 500 Index by creating a profitable gold and silver producer. McEwen’s principal assets consist of: the San José mine in Santa Cruz, Argentina (49% interest); the El Gallo Gold mine in Mexico; the Black Fox mine in Timmins, Canada; the Gold Bar mine in Nevada that is currently under construction; and the large Los Azules copper project in Argentina that is advancing towards permitting.
McEwen has a total of 337 million shares outstanding. Rob McEwen, Chairman and Chief Owner, owns 24% of McEwen.
QUALIFIED PERSON

Technical information pertaining to geology and exploration contained in this news release has been prepared under the supervision of Ken Tylee, P.Geo. Mr. Tylee is a "qualified person" within the meaning of NI 43-101.
The mineral resource estimates were prepared by Dr. Aleksandr Mitrofanov, P Geo, who is a "qualified person" within the meaning of National Instrument 43-101 (“NI 43-101”). Dr. Mitrofanov is an employee of SRK Consulting, (Canada) Ltd and is considered to be "independent" of McEwen for the purposes of NI 43-101.
TECHNICAL INFORMATION
Black Fox Complex drilling was conducted by Forage Asinii Drilling, Boart-Longyear, Major Drilling, NPLH and Norex Drilling and supervised by McEwen’s Geology Department. All exploration drill core samples at the Black Fox Complex were submitted as 1/2 core. Analyses reported herein were performed by the independent laboratories:  ALS Laboratories, which is ISO 9001/IEC17025 certified, Activation Labs, which is ISO 9001/IEC17025 certified, and SGS Canada Laboratories, which is ISO9001/IEC17025 certified. Samples from definition and select delineation drilling, and development sampling completed within the Black Fox mine are assayed at McEwen's onsite laboratory. McEwen’s quality control program includes systematic insertion of blanks, standard reference material and duplicates to ensure laboratory accuracy.
To determine the lengths of significant mineralized intervals, the following composite criteria was established: a minimum reportable interval length of 3 m was determined by establishing a cut-off grade of 3g/t Au for underground (1 g/t Au for near surface). A consecutive maximum length of 3 m of internal waste, including sub cut-off grade material, is allowed and incorporated into the reported composites.  Where an interval of less than 3 m is considered, if the grade x length calculation is greater than 9 (3 for surface), it may be reported. There is no top cutting or capping of assays.
For further details about the Black Fox Complex project including Tamarack, please see our recent NI 43-101 technical report titled "Technical Report for the Black Fox Complex, Canada" dated April 6th, 2018 with an effective date of October 31st, 2017 available on SEDAR (www.sedar.com) under our issuer profile.
CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
This news release contains certain forward-looking statements and information, including "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements and information expressed, as at the date of this news release, McEwen Mining Inc.'s (the "Company") estimates, forecasts, projections, expectations or beliefs as to future events and results including, but not limited to, the closing of the Offering and the use of proceeds thereof. Forward-looking statements and information are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, risks and contingencies, and there can be no assurance that such statements and information will prove to be accurate. Therefore, actual results and future events could differ materially from those anticipated in such statements and information. Risks and uncertainties that could cause results or future events to differ materially from current expectations expressed or implied by the forward-looking statements and information include, but are not limited to, factors associated with fluctuations in the market price of precious metals, mining industry risks, political, economic, social and security risks associated with foreign operations, the ability of the corporation to receive or receive in a timely manner permits or other approvals required in connection with operations, risks related to fluctuations in mine production rates, risks associated with the construction of mining operations and commencement of production and the projected costs thereof, risks related to litigation, the state of the capital markets, environmental risks and hazards, uncertainty as to calculation of mineral resources and reserves, and other risks. The Company’s dividend policy will be reviewed periodically by the Board of Directors and is subject to change based on certain factors such as the capital needs of the Company and its future operating results. Readers should not place undue reliance on forward-looking statements or information included herein, which speak only as of the date hereof. The Company undertakes no obligation to reissue or update forward-looking statements or information as a result of new information or events after the date hereof except as may be required by law. See McEwen Mining's Annual Report on Form 10-K for the fiscal year ended December 31, 2017 and other filings with the Securities and Exchange Commission, under the caption "Risk Factors", for additional information on risks, uncertainties and other factors relating to the forward-looking statements and information regarding the Company. All forward-looking statements and information made in this news release are qualified by this cautionary statement.
The NYSE and TSX have not reviewed and do not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management of McEwen Mining Inc.
CONTACT INFORMATION:


Mihaela Iancu
Investor Relations
(647)-258-0395 ext 320
[e-mail]

 

Website: www.mcewenmining.com

Facebook: facebook.com/mcewenrob

Twitter: twitter.com/mcewenmining
 

150 King Street West
Suite 2800, P.O. Box 24
Toronto, Ontario, Canada
M5H 1J9
(866)-441-0690


© 2018 Canjex Publishing Ltd. All rights reserved.

[Ramses21]

Antwort auf Beitrag Nr.: 58.297.904 von bigyawn am 25.07.18 13:02:41

Sehr stark die Aktie und das gegen den Trend von Gold. Eigentlich verhält sich die Aktie von McEwen eher andersrum...wenn Gold steigt fällt die Aktie gern.

[marstru]

Antwort auf Beitrag Nr.: 58.301.744 von Ramses21 am 25.07.18 20:00:26

Laut http://shortsqueeze.com/?symbol=MUX&submit=Short+Quote%E2%84… sind doch viele in MUX short. Wann wollen die sich eindecken.

[Ramses21]

Antwort auf Beitrag Nr.: 58.302.329 von marstru am 25.07.18 21:05:04

Sobald die Aktie mit dem Goldpreis fällt... kann die Aktie sicher...muss sie aber nicht.

[bigyawn]

McEwen Mining loses $5.4-million (U.S.) in Q2

2018-07-31 08:09 ET - News Release

Mr. Rob McEwen reports
MCEWEN MINING REPORTS Q2 2018 RESULTS
McEwen Mining Inc. has released second quarter results for the period ended June 30, 2018. During the second quarter, gold equivalent ounces produced increased by 45 per cent and all-in sustaining costs per ounce decreased by 2 per cent compared with the second quarter of 2017. Net cash flow from the business excluding project development costs was $6.3-million or two cents per share. A total investment of $26.3-million was made to further the company's long-term production growth plans at the Gold Bar, Black Fox, El Gallo Fenix and Los Azules projects. As a result, the company's consolidated net loss for the second quarter was $5.4-million, or two cents per share.
During the first half of 2018 gold equivalent ounces produced increased by 47 per cent and all-in sustaining costs per ounce increased by 1 per cent compared with the first half of 2017. In the first half, net cash flow from the business excluding project development costs was $18.7-million or five cents share, and a total investment of $49-million was made to further the company's long-term production growth plans at the Gold Bar, Black Fox and Los Azules projects. As a result, the company's consolidated net loss for the first half was $10.6-million, or three cents per share.
Please join the company's quarter-end conference call on Wednesday, Aug. 1, 2018, at 11 a.m. Eastern Standard Time. Details are provided below.
The associated table provides production and cost results for the second quarter and first half year ended June 30, 2018, comparative results from last year, and production and cost guidance for 2018.

PRODUCTION AND COSTS

Q2 H1 Full-year 2018 guidance
2017 2018 2017 2018
Consolidated production
Gold (oz) 22,191 36,959 42,287 72,027 128,000
Silver (oz) 779,487 772,432 1,502,254 1,468,083 3,225,000
Gold equivalent ounces (1) 32,584 47,258 62,317 91,602 171,000
El Gallo mine, Mexico
Gold equivalent ounces (1) 9,780 10,808 19,588 23,025 32,000
Cash cost ($/AuEq oz)
(1) (2) (4) 706 783 635 724 650
AISC ($/AuEq oz) (1) (2) (4) 843 816 755 776 715
San Jose mine, Argentina
(49 per cent) (3)
Gold (oz) 12,477 12,139 22,843 22,961 48,000
Silver (oz) 774,521 769,197 1,491,494 1,461,249 3,225,000
Gold equivalent ounces (1) 22,804 22,395 42,729 42,444 91,000
Cash cost ($/AuEq oz)
(1) (2) (4) 921 806 918 868 860
AISC ($/AuEq oz) (1) (2) (4) 1,102 1,065 1,129 1,106 1,110
Black Fox mine, Canada (5)
Gold equivalent ounces (1) - 14,055 - 26,133 48,000
Cash cost ($/AuEq oz)
(1) (2) (4) - 771 - 806 920
AISC ($/AuEq oz) (1) (2) (4) - 1,056 - 1,115 1,210

Notes
(1) Silver and gold production are presented as gold equivalent ounces, which approximate
prevailing spot prices at the beginning of the year. The silver to gold
ratio used for 2017 and 2018 is 75:1.
(2) All amounts are reported in U.S. dollars unless otherwise stated.
(3) Represents the portion attributable to the company from its 49-per-cent interest in
the San Jose mine.
(4) Earnings from mining operations, total cash costs, all-in sustaining
costs (AISC), and cash, investments and precious metals are non-GAAP
financial performance measures with no standardized definition under
U.S. GAAP.
(5) The Black Fox mine was acquired on Oct. 6, 2017.



The associated table provides financial highlights for the second quarter and first half ended June 30, 2018, and comparative results from last year.

FINANCIAL HIGHLIGHTS

Q2 2017 Q2 2018 H1 2017 H1 2018
Treasury
Cash, investments and precious metals ($ millions) (4) $44.0 $34.5 $44.0 $34.5
Working capital ($ millions) 47.0 19.2 47.0 19.2
Debt nil nil nil nil
Earnings from mining operations (4)
El Gallo mine ($ millions) 6.8 6.0 15.0 18.5
San Jose mine (49 per cent) ($ millions) 4.1 4.4 9.8 7.9
Black Fox mine ($ millions) - 4.2 - 7.3
Consolidated net income
Net income (loss) ($ millions) (1.7) (5.4) (4.7) (10.6)
Net income (loss) per share ($) (0.01) (0.02) (0.02) (0.03)
Cash flow
Net cash flow provided (used)
in operations ($ millions) (7.2) (5.6) (16.6) 0.6


Gold Bar mine, USA (100 per cent)
Construction activities at Gold Bar during the second quarter focused on the heap leach pad, installation of the crushing and process facility, as well as site-wide electrical and water utilities. All major equipment and bulk materials are either on site or purchased and engineering for the project is complete. Construction is advancing on schedule for completion by the end of 2018, targeting commercial production in the first quarter of 2019. The company capitalized to construction in progress $18.2-million and $27.0-million for the three and six months ended June 30, 2018, respectively, and $33-million cumulative to date. During the first three years of operation beginning in 2019, Gold Bar is projected to produce approximately 55,000, 74,000 and 68,000 ounces of gold, respectively.
El Gallo mine, Mexico (100 per cent)
During the second quarter, the mine produced 10,808 gold equivalent ounces, compared with 9,780 gold equivalent ounces in 2017. Total cash costs and AISC were $783 and $816 per gold equivalent ounce, respectively. Production and cost guidance for 2018 are for 32,000 gold equivalent ounces at a cash cost and AISC of $650 and $715 per gold equivalent ounce, respectively.
By the end of the second quarter, mining and crushing activities ceased and contractor equipment has been demobilized from the mine site. Closure, reclamation and residual heap leach activities are continuing and will continue for several years.
A new preliminary economic assessment (PEA) study on potential production from the El Gallo complex at some point in the future was published on July 9, 2018. The proposed development plan evaluated in the PEA is called Project Fenix. The key outcomes of Project Fenix include an average annual production rate of 47,000 ounces gold equivalent (AuEq), a 12-year mine life, low initial capital cost of $41.0-million for phase 1 and $30.0-million for phase 2, and payback period of 4.1 years. At $1,250/ounce gold and $16/ounce silver the after-tax internal rate of return (IRR) is 28 per cent, and the net present value (NPV) at a 5-per-cent discount rate is $60.0-million.
During the next 14 months the company will be applying for permits in addition to analyzing options for optimizing mineral processing, mine sequencing, material transportation and tailings storage as presented in the PEA.
Black Fox mine, Canada (100 per cent)
During the second quarter, the mine produced 14,055 gold equivalent ounces. Total cash costs and AISC were $771 and $1,056 per gold equivalent ounce, respectively. Year-to-date costs are trending below budget and gold production is above the company's projections. The company is maintaining production and cost guidance for 2018 are for 48,000 gold equivalent ounces at a cash cost and AISC of $920 and $1,210 per gold equivalent ounce, respectively.
A $15.0-million exploration program is currently under way at the Black Fox complex. For information on the company's encouraging exploration results refer to recent news releases published on April 30, 2018, and July 25, 2018, available on the McEwen Mining website.
For 2018, the company has budgeted a total of $18.4-million for sustaining and capital expenditure activities at the Black Fox mine, of which the company spent $7.6-million during the first half of 2018.
San Jose mine, Argentina (49 per cent)
The company's attributable production from San Jose in the second quarter of 2018 was 12,139 gold ounces and 769,197 silver ounces, for a total of 22,395 gold equivalent ounces, which is essentially unchanged from the comparative period in 2017. Second quarter production costs per gold equivalent ounce produced were also slightly lower than the comparative period in 2017. Year to date, San Jose is performing in line with the company's guidance for 2018 of 91,000 gold equivalent ounces at a cash costs and AISC of $806 and $1,065 per gold equivalent ounce, respectively.
During the second quarter of 2018 and the first half of 2018, the company received $2.4-million and $7.3-million in dividends from the company's interest in San Jose, compared with $2.4-million and $4.9-million in dividends received during the same periods in 2017. For 2018, the company is forecasting dividends in excess of $12.0-million.
Los Azules project, Argentina (100 per cent)
During the first half of 2018 the company spent $5.9-million developing infrastructure alternatives and environmental baseline monitoring work to advance the company's permitting efforts.
Conference call and webcast
The company invites you to join its conference call, where management will discuss the company's 2018 financial results and project developments and follow with a question-and-answer session. Questions can be asked directly by participants over the telephone or can be e-mailed in advance. Please e-mail questions prior to the start of the call.

Wednesday, Aug. 1, 2018;
11 a.m. Eastern Time;
Toll-free U.S. and Canada: 1-844-630-9911;
Outside U.S. and Canada: 1-210-229-8828;
Conference ID No. 8486966.

An archived replay of the webcast will be available for one week after it takes place. Access the replay by calling 855-859-2056 (North America)/(404)-537-3406 (international), conference ID No. 8486966.
About McEwen Mining Inc.
McEwen Mining has the goal to qualify for inclusion in the S&P 500 Index by creating a profitable gold and silver producer focused in the Americas. McEwen Mining's principal assets consist of: the San Jose mine in Santa Cruz, Argentina (49-per-cent interest); the El Gallo gold mine in Mexico; the Black Fox mine in Timmins, Canada; the Gold Bar mine in Nevada, currently under construction; and the large Los Azules copper project in Argentina, advancing toward development.
Qualified person
The technical contents of this news release has been reviewed and approved by Nathan Stubina, managing director, innovation, and a qualified person as defined by Canadian Securities Administrators National Instrument 43-101 Standards of Disclosure for Mineral Projects.
We seek Safe Harbor.
© 2018 Canjex Publishing Ltd. All rights reserved.

[boersentrader02]

Ja, was sagt uns das jetzt ?

Ich würde mich z.B. freuen, wenn du deinen "Senf" zu dieser News ebenfalls den hier lesenden Usern zu kommen lassen würdest.

Würde bestimmt allen gefallen.

[boersentrader02]

Ja, was sagt uns das jetzt ?

Ich würde mich z.B. freuen, wenn du deinen "Senf" zu dieser News ebenfalls den hier lesenden Usern zu kommen lassen würdest.

Würde bestimmt allen gefallen.

Hier ist z. B. nun die Meinung eines Journalisten, By: Carl Surran, SA News Editor, der zum Kauf der MUX-Aktie rät.


McEwen Mining says Q2 production jumped 45% while AISC fell 2%

McEwen Mining says Q2 production jumped 45% while AISC fell 2%
Jul. 31, 2018 11:21 AM ET|About: McEwen Mining Inc. (MUX)|By: Carl Surran, SA News Editor

McEwen Mining (MUX +0.2%) is flat after reporting slightly larger than expected Q2 loss, as Q2 production surged 45% Y/Y to more than 47K gold equiv. oz. while all-in sustaining costs fell by 2% to $816/oz.

During H1, gold equiv. oz.produced jumped by 47% and all-in sustaining costs rose by just 1% Y/Y.

MUX says construction at its 100%-owned Gold Bar mine in the U.S. is advancing on schedule for completion by year-end 2018, targeting commercial production in Q1 2019.

Gold Bar is projected to produce ~55K oz., 74K oz. and 68K oz. of gold, respectively, during the first three years of operation beginning in 2019.

Now read: McEwen Mining: Buy The Strength »

https://seekingalpha.com/news/3376017-mcewen-mining-says-q2-…


und hier die News eines weiteren Jounalisten by Josh Rudnik

Jul. 19, 2018 8:49 AM ET|
About: McEwen Mining Inc. (MUX)
This article is now exclusive for PRO subscribers.
Josh Rudnik

Portfolio strategy, hedge fund manager, long/short equity
Marketplace
Absolute Returns
(2,911 followers)
Summary

MUX us breaking out higher.

Management is focusing on production efficiency.

I am buying stock in this name.

McEwen Mining (MUX) is breaking out higher on optimism surrounding its operational improvements. Management is experimenting with innovative production methods that aim to reduce costs and leverage its returns to a move higher in precious metal prices. Moreover, its share price is trading near multi-decade lows, signaling that it could be an attractive spot to add a position. I am buying stock in this name as potential operational improvements allow it to be a leader in the mining space.
Fundamental Narrative

MUX looks attractively valued at current levels as management continues to grow production while using new, innovative strategies to lower costs and improve efficiency.

The company engages in the exploration, development, production, and sale of gold and silver. It owns 100% interests in the El Gallo 1 mine and El Gallo 2 project in the state of Sinaloa, Mexico; and the Black Fox Complex, Buffalo Ankerite, Fuller,


https://seekingalpha.com/article/4188315-mcewen-mining-buy-s…

[bigyawn]

ORIGINAL: McEwen Mining Appoints Chris Stewart as President and COO

2018-08-01 07:00 ET - News Release

TORONTO, Aug. 01, 2018 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to announce the appointment of Chris Stewart, P.Eng., as the President and Chief Operating Officer (COO) effective September 1st, 2018. Chris replaces Xavier Ochoa who resigned as of July 13, 2018 to pursue an opportunity closer to his home and family in South America.
“McEwen Mining is in a growth phase that relies heavily on engineering and execution of projects. In addition to growing organically, we seek opportunities to expand our production and resource base. Chris is an ideal executive to lead our organic growth initiatives, as well as evaluate and execute on acquisitions,” said Rob McEwen, Chairman and Chief Owner.
“I am excited to be joining McEwen Mining. It has acquired several high-quality assets in world class mining camps with tremendous exploration potential. Our focus will be on organic growth and ensuring that we maximize value from the current operations. We will also be looking for external growth opportunities that can be accretive to the business and contribute to our goal of qualifying for the S&P 500 Index,” said Chris Stewart.
Chris is a senior executive with 25 years of diversified experience in the mining industry. The foundation of his extensive experience came from the 14 years he worked for Dynatec/DMC Mining, a Canadian mining contracting company. In 2007, Chris transitioned to working for mining companies, where he has held senior executive roles over the past 11 years. Most recently Chris was the President & CEO of Treasury Metals, a junior gold developer focused on its properties in Northwestern Ontario. Prior to that he was the Vice President of Operations for Kirkland Lake Gold, where he was responsible for all mining and milling activities, and played an instrumental roll in the significant turnaround of the company between 2014 and 2016. He was also Vice President of Operations for Lake Shore Gold, where he was responsible for the sinking of the Timmins West Mine shaft, obtaining early production from a new portal to access at Timmins West, and the refurbishment and commissioning of the Bell Creek Mill and Mine. Chris also worked for BHP Billiton where he was in charge of two new shafts at the Jansen Potash Project during the freeze wall design and construction phase.
Chris is a registered Professional Engineer in Ontario and holds a Bachelor of Science, Mining Engineering, from Queen's University.
ABOUT MCEWEN MINING
McEwen has the goal to qualify for inclusion in the S&P 500 Index by creating a profitable gold and silver producer focused in the Americas. McEwen’s principal assets consist of: the San José mine in Santa Cruz, Argentina (49% interest); the Black Fox mine in Timmins, Canada; the El Gallo Fenix project in Mexico; the Gold Bar mine in Nevada, currently under construction; and the large Los Azules copper project in Argentina, advancing towards development. McEwen has a total of 337 million shares outstanding. Rob McEwen, Chairman and Chief Owner, owns 24% of the shares.
CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
This news release contains certain forward-looking statements and information, including "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements and information expressed, as at the date of this news release, McEwen Mining Inc.'s (the "Company") estimates, forecasts, projections, expectations or beliefs as to future events and results including, but not limited to, the closing of the Offering and the use of proceeds thereof. Forward-looking statements and information are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, risks and contingencies, and there can be no assurance that such statements and information will prove to be accurate. Therefore, actual results and future events could differ materially from those anticipated in such statements and information. Risks and uncertainties that could cause results or future events to differ materially from current expectations expressed or implied by the forward-looking statements and information include, but are not limited to, factors associated with fluctuations in the market price of precious metals, mining industry risks, political, economic, social and security risks associated with foreign operations, the ability of the corporation to receive or receive in a timely manner permits or other approvals required in connection with operations, risks related to fluctuations in mine production rates, risks associated with the construction of mining operations and commencement of production and the projected costs thereof, risks related to litigation, the state of the capital markets, environmental risks and hazards, uncertainty as to calculation of mineral resources and reserves, and other risks. The Company’s dividend policy will be reviewed periodically by the Board of Directors and is subject to change based on certain factors such as the capital needs of the Company and its future operating results. Readers should not place undue reliance on forward-looking statements or information included herein, which speak only as of the date hereof. The Company undertakes no obligation to reissue or update forward-looking statements or information as a result of new information or events after the date hereof except as may be required by law. See McEwen Mining's Annual Report on Form 10-K for the fiscal year ended December 31, 2017 and other filings with the Securities and Exchange Commission, under the caption "Risk Factors", for additional information on risks, uncertainties and other factors relating to the forward-looking statements and information regarding the Company. All forward-looking statements and information made in this news release are qualified by this cautionary statement.
The NYSE and TSX have not reviewed and do not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management of McEwen Mining Inc.
CONTACT INFORMATION:

[boersentrader02]

Wenn wir auch noch nicht wissen wann der "Niedergang des Goldpreises" aufhören wird, aber es wird kommen

dass die Edelmetalle auch wieder steigen werden.

Aber garantieren kann ich das leider nicht-



Goldpreis weiter unter Druck – das sind die Gründe
Liebe Leser,

auch in dieser Woche setzt sich der Abwärtstrend beim Goldpreis weiter fort. Mit nur noch knapp 1.215 Dollar ist der Preis für die Feinunze auf den niedrigsten Stand seit anderthalb Jahren abgerutscht. Wie Sie wissen, habe ich Ihnen in den vergangenen Tagen ausführlich erklärt, warum es langfristig gut für den Goldpreis aussieht. Kurzfristig jedoch steht der Preis für das Edelmetall deutlich unter Druck. Dafür sorgen verschiedene Faktoren, die ich Ihnen heute etwas genauer erklären möchte.

So sorgen derzeit einige Faktoren außerhalb des Goldmarktes für die fortgesetzte Schwäche. Auf der einen Seite legt der US-Dollar zuletzt wieder klar zu. Auf der anderen Seite hat der Ölpreis wieder etwas nachgelassen. Diese beiden Faktoren sorgen schon nahezu traditionsgemäß dafü, dass der Goldpreis schwächer performt. Ganz aktuell kommen noch Meldungen aus den USA hinzu, wo die dortige Notenbank bei der jüngsten Sitzung keine Änderungen an der Zinspolitik vornimmt. Auch das ist nicht gerade positiv für den Goldpreis.

Die Marke von 1.200 Dollar muss erst einmal halten
In solchen Phasen lohnt es sich auch einmal, auf die technische Verfassung des Goldpreises zu schauen. Genau das machen sehr viele kurzfristig orientierte Trader, um vielleicht gerade von der Schwäche zu profitieren und auf einen weiteren Abschwung des Goldpreises zu setzen. Tatsächlich haben gerade die Goldbären das Zepter in der Hand. Diejenigen die auf einen weiter fallenden Goldpreis setzen, haben zuletzt schon hohe Gewinne erzielen können.

Und das nächste Signal für die Goldbullen, die auf steigende Kurse setzen, ergibt sich erst wieder, wenn der Goldpreis den massiven Widerstand bei 1.250 Dollar nach oben durchbrechen sollte. Das nächste kurzfristige Abwärtsziel ist die noch sehr wichtige technische Unterstützung bei 1.200 Dollar.

Auf Eurobasis ging es zuletzt auch deutlich nach unten für den Goldpreis. Im frühen Handel heute erreichte so die Notierung mit 1.042 Euro pro Unze den niedrigsten Stand seit Anfang 2016. Innerhalb des Handelstages hat sich das ganze Bild aber etwas gewandelt und es ging schon wieder auf 1046 Euro nach oben.

Auf Monatssicht hat der Goldpreis rund 2,5 % an Wert verloren auf Euro-Basis. Damit bietet sich jetzt für den Aufbau neuer Position ein attraktives Niveau. Allerdings sollten Sie eine Sache dabei im Hinterkopf behalten: Nach dem fortgeschrittenen Abwärtstrend zuletzt ist es auch gut möglich, dass der Goldpreis noch weiter an Boden verliert. Wenn Sie am Aufbau von neuen Goldpositionen interessiert sind, sollten Sie daher ein Abstauber-Limit deutlich unter dem aktuellen Niveau setzen, um auch von einem möglichen weiteren Preisrückgang noch profitieren zu können.

Erfolgreiche Investments
wünscht Ihnen
Heiko Böhmer
Redaktion „Rohstoff-Giganten“

© VNR AG, alle Rechte vorbehalten.

[boersentrader02]

Bereits am 1.8.2018 fand diese Quartals-Conference von McEwen Mining statt.

Bin diesmal etwas spät dran, aber wenn man das liest bekommt man auch wieder etwas Mut bei dem derzeitigen Edelmetal-Preisverfall.

Aber lest es nur selber.


McEwen Mining Inc.'s (MUX) CEO Rob McEwen on Q2 2018 Results - Earnings Call Transcript
Aug. 1, 2018 6:29 PM ET
|
4 comments
|
About: McEwen Mining Inc. (MUX)
Q2: 07-31-18 Earnings Summary
8-K
News
EPS of $-0.02 misses by $-0.01
McEwen Mining Inc. (NYSE:MUX) Q2 2018 Earnings Conference Call August 1, 2018 11:00 AM ET

Executives

Rob McEwen - Chief Owner

Andrew Elinesky - Chief Financial Officer

Sylvain Guérard - Senior Vice President of Exploration

Analysts

Jake Sekelsky - Roth Capital Partners

John Tumazos - Very Independent Research

Bhakti Pavani - Euro Pacific Capital

Howard Flinker - Flinker & Co

Matt Barry - H.C. Wainwright

Bill Powers - Private Investor

Operator

Good morning, ladies and gentlemen. Welcome to the McEwen Mining’s Second Quarter Financial Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct the question-and-answer session and instructions will follow at that time. [Operator Instructions] As a reminder, this call is being recorded. If you have not already done so, please click on the link located in the upper right corner of the webcast in order to access the presentation that management team will be referring to on the call this morning. This presentation will also be uploaded on the McEwen Mining website after the call.

I would now like to hand the call over to Rob McEwen, Chief Owner. Please go ahead sir.

Rob McEwen

Thank you, operator. Good morning fellow shareowners and curious investors. Joining me on this call today are Andrew Elinesky, our CFO; and Sylvain Guérard, our Senior Vice President of Exploration. Today, we’re going to talk about our second quarter and first half results for 2018 both financial and operational, in addition we will talk about our successful exploration program and our new incoming President and COO, Chris Stewart.

For this quarter and half year, we held our production costs in check, but significantly increased our gold and silver production. In the quarter, all-in sustaining costs per ounce were down 2% and production was up 45% over the comparable period in 2017. In the first half of this year, our all-in sustaining costs were up slightly by 1%, but production was up 46% compared to last year.

We are making a big investment in exploration, and to date the results have been very encouraging. Not only have we increased the size of our resource base, we have also established new compelling targets of both Gold Bar and the Black Fox Complex. Last year at this time, we were waiting for a permit to start construction of our Gold Bar Project in Nevada. We have just made our first acquisition in the world class Timmins region of Canada, and we had just started our due diligence on what became our next strategic acquisition in the Timmins region, the Black Fox Complex, which we bought in early fourth quarter.

Today, we have a diversified production base of three mines, increasing to four by year end. We have large landholdings and promising exploration potential in two of the best areas in the world for gold. We have a new development project in Mexico, the Fenix project, which is progressing to a feasibility study early next year and preliminary numbers show it to be a silver and gold mine that requires low CapEx and generates attractive returns over a 12-year mine life. Our San José joint venture gold-silver mine in Argentina continues to generate dividends.

At this I would like to pass the call over to Andrew to speak about our financial and operational results for the quarter and half year.

Andrew Elinesky

Thank you, Rob. Good morning everyone. Thank you for taking the time out of the busy summer to join us here today. Further to Rob's opening remarks, the second quarter was a solid continuation of the steady production and cost at our operations. In addition to the stable performance, we have continued with the execution of a number of initiatives that the company had planned for this year and that includes building the Gold Bar mine, turning around the Black Fox mine, adding Fenix as the next operation in our development pipeline and that of course raising the capital to achieve these goals this year.


Hier findet ihr, unter den angegebenen LInk, den Rest dieser Conference Veranstaltung. bt02



https://seekingalpha.com/article/4193365-mcewen-mining-inc-s…


Unter diesem Link findet ihr dann die hier angesprochenen präsentationne:


http://s21.q4cdn.com/390685383/files/doc_presentations/2017/…" target="_blank" rel="nofollow ugc noopener">http://s21.q4cdn.com/390685383/files/doc_presentations/2017/…


http://s21.q4cdn.com/390685383/files/doc_presentations/2017/…" target="_blank" rel="nofollow ugc noopener">http://s21.q4cdn.com/390685383/files/doc_presentations/2017/…


http://www.mcewenmining.com/investor-relations/presentations…

[bigyawn]

McEwen Mining closes $50M term loan

2018-08-13 07:41 ET - News Release

Mr. Rob McEwen reports
MCEWEN MINING CLOSES $50 MILLION TERM LOAN FACILITY
McEwen Mining Inc. has closed the previously announced $50-million senior secured three-year term loan facility with Royal Capital Management Corp. as agent for the lenders.
As previously disclosed Rob McEwen, chairman and chief owner of the company, is participating as a lender for $25-million of the total $50-million term loan.
The term loan will be used to complete construction of the Gold Bar mine in Nevada and for general corporate purposes. Construction of Gold Bar is advancing on schedule for completion by the end of 2018, targeting commercial production in the first quarter of 2019.
The principal amount of the term loan will bear monthly interest at 9.75 per cent per annum. Repayment occurs in 12 equal monthly instalments of $2-million during the third year, with the remaining balance due on maturity. The term loan can be retired in full or in part any time during the first two years upon payment of the principal and accrued interest plus a fee linked to the remaining life of the term loan, and during the third year upon payment of the remaining principal and accrued interest plus a fee equal to 3 per cent of the remaining principal.
About McEwen Mining Inc.
McEwen has the goal to qualify for inclusion in the S&P 500 Index by creating a profitable gold and silver producer focused in the Americas. McEwen's principal assets consist of: the San Jose mine in Santa Cruz, Argentina (49-per-cent interest); the Black Fox mine in Timmins, Canada; the El Gallo Fenix project in Mexico; the Gold Bar mine in Nevada, currently under construction; and the large Los Azules copper project in Argentina, advancing toward development.
We seek Safe Harbor.
© 2018 Canjex Publishing Ltd. All rights reserved.

[bigyawn]

McEwen to pay 0.5-cent semi-annual dividend Sept. 4

2018-08-13 14:27 ET - News Release

Nr, Rob McEwen reports
MCEWEN MINING DECLARES DIVIDEND
McEwen Mining Inc.'s next semi-annual dividend of 0.5 cent per share will be paid on Sept. 4, 2018, to shareholders of record on Aug. 27, 2018.
Reclassification of previous return of capital to dividend
On Feb. 14, 2018, McEwen Mining paid a semi-annual return of capital of one-half cent per share, for a total distribution of $1.7-million. Upon further evaluation of requirements under the Tax and Jobs Act, enacted on Dec. 22, 2017, the company expects to be in a taxable income position for 2018. Consequently, the distribution made on Feb. 14, 2018, has been recharacterized from a return of capital to a taxable dividend. The company will make the necessary tax withholding payments to the IRS (Internal Revenue Service), and shareholders will be taxed on the distributions as though they were dividends.
About McEwen Mining Inc.
McEwen's principal assets consist of the San Jose mine in Santa Cruz, Argentina (49-per-cent interest); the Black Fox mine in Timmins, Canada; the El Gallo Fenix project in Mexico; the Gold Bar mine in Nevada, currently under construction; and the large Los Azules copper project in Argentina, advancing toward development.
We seek Safe Harbor.
© 2018 Canjex Publishing Ltd. All rights reserved.

[boersentrader02]

Antwort auf Beitrag Nr.: 58.439.431 von bigyawn am 13.08.18 22:51:49

Immerhin übernimmt Rob 50 % von dieser Kapitalerhöhung bzw von dieser Verschuldung.

Der Mann hat zumindest Vertrauen in sein bzw. unser Unternehmen und in der Zukunft der eventuell anstehenden Erhöhung der Edelmetallpreise.

Wird wohl aber bestimmt noch einige Zeit dafür brauchen. M.M.

[boersentrader02]

Antwort auf Beitrag Nr.: 58.446.946 von boersentrader02 am 14.08.18 20:02:48

Dies gehört noch zu dem von mir zuvor eingestellten Bericht

McEwen closes $50m three-year loan

Owner and chairperson Rob McEwen is participating as a lender for $25-million of the total loan.


http://www.miningweekly.com/article/mcewen-closes-50m-three-…

[Ramses21]

Antwort auf Beitrag Nr.: 58.446.946 von boersentrader02 am 14.08.18 20:02:48

Der bekommt sein Geld zu 9,75 verzinst. Das ist viel zu viel. Gefällt mir nicht.

[seapower69]

Antwort auf Beitrag Nr.: 58.449.124 von Ramses21 am 15.08.18 06:15:06

Zitat von Ramses21: Der bekommt sein Geld zu 9,75 verzinst. Das ist viel zu viel. Gefällt mir nicht.

Gönn ihm doch seine zinsen, ist ja nur papier, er hat kosten und will vielleicht gut leben. Hauptsache er gibt das gold nicht zu billig her, der alte fuchs sieht doch gold 5000, oder mehr.....

[Osito2011]

Antwort auf Beitrag Nr.: 58.458.223 von seapower69 am 15.08.18 21:59:55

Eher alter Trottel, von den 5.000 $ schwafelt der schon seit Jahren....

[ernestokg]

Antwort auf Beitrag Nr.: 58.458.223 von seapower69 am 15.08.18 21:59:55

Zitat von seapower69:

Zitat von Ramses21: Der bekommt sein Geld zu 9,75 verzinst. Das ist viel zu viel. Gefällt mir nicht.

Gönn ihm doch seine zinsen, ist ja nur papier, er hat kosten und will vielleicht gut leben. Hauptsache er gibt das gold nicht zu billig her, der alte fuchs sieht doch gold 5000, oder mehr.....

Danke euch fürs publik machen.

Offensichtlich gibt es bei der Bude derart viele ( verborgene ) Probleme , dass keine regulären Bankkredite gewährt werden können !

Warum sonst akzeptiert man einen derartig exzesiven Wucherzins ???


Eigentlich darf ich mich aber hier nicht beschweren, hatte hatte hier ein eine sehr hohe Anzahl nur wenige % unter dem Top von 2016 an verkaufen können.
Der kleine Rest von wenigen Tausend fliegt am Montag raus !

Also Wenn mir jemand 9 % Zinsen bietet, würde ich alle meinen Goldminen ( die deutlich in den Miesen sind ) verkaufen um mir diesen Zins zu sichern, aber wer um Himmels willen sonst ist noch so ist sooo dumm???

[boersentrader02]

Antwort auf Beitrag Nr.: 58.449.124 von Ramses21 am 15.08.18 06:15:06

Wenn du die Mitteilung richtig gelesen hast, bekommt der Externe die 9,75 %. Rob verzichtet auf seine Zinsen.

Wir werden das in den nächsten Quartalsberichte, die MUX vorlegen wird, sehen.



MCEWEN MINING REPORTS Q2 2018 RESULTS

TORONTO, July 31, 2018 - McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) today reported second quarter results for the period ended June 30, 2018 (“ Q2 ”). During Q2, gold equivalent ounces (GEOs) produced increased by 45% and all-in sustaining costs per ounce decreased by 2% compared to Q2 2017. Net cash flow from the business excluding project development costs was $6.3 million (2) or $0.02 per share . A total investment of $26.3 million was made to further our long-term production growth plans at the Gold Bar, Black Fox, El Gallo Fenix and Los Azules projects. As a result, our consolidated net loss for Q2 was $5.4 million , or $0.02 per share.

During the first half of 2018 (“ H1 ”) GEOs produced increased by 47% and all-in sustaining costs per ounce increased by 1% compared to H1 2017. In H1, net cash flow from the business excluding project development costs was $18.7 million or $0.05 share, and a total investment of $49.0 million was made to further our long-term production growth plans at the Gold Bar, Black Fox and Los Azules projects. As a result, our consolidated net loss for H1 was $10.6 million, or $0.03 per share.

Please join our quarter end conference call on Wednesday, Aug 1 st , 2018 at 11am EST . Details are provided below.

https://seekingalpha.com/filing/4115946

[ernestokg]

Antwort auf Beitrag Nr.: 58.481.227 von boersentrader02 am 18.08.18 22:22:29

Bin Hoch oben auf der Alm und kann mit dem mobile nicht den Anhang öffnen.

Kannst du bitte mal einstellen woraus hervorgeht dass der Boss hier nicht doch kräftig die Schafe mit einem Horror-Wucherzins von über 9 % abzockt ?

[Ramses21]

McEwen kauft sich bei Great Bear Resources ein.

[meichel]

Antwort auf Beitrag Nr.: 58.532.115 von Ramses21 am 25.08.18 08:51:17

Rob McEwen und McEwen Mining investieren in Great Bear



Great Bear Resources Ltd. meldete kürzlich, dass das Unternehmen eine Privatplatzierung mit einem Bruttoerlös von bis zu 10 Mio. $ durchführen wird. Im Rahmen der Kapitalaufnahme wird das Unternehmen sowohl Stammaktien als auch Optionsscheine herausgeben, wobei jeweils eine Aktie und ein halber Optionsschein zu einer Einheit mit einem Preis von 1,45 $ zusammengefasst werden. Jeder ganze Optionsschein berechtigt innerhalb von zwei Jahren zum Kauf einer Great-Bear-Aktie zum Preis von 1,75 $. Die im Rahmen der Transaktion ausgegebenen Wertpapiere unterliegen einer Mindesthaltedauer von vier Monaten.

Das Unternehmen informierte zudem darüber, dass der Investor Rob McEwen bereits Einheiten im Wert von 4,8 Mio. $ gezeichnet hat, und dass auch McEwen Mining Inc. Aktien und Optionsscheine für 1,2 Mio. $ erwerben wird. Insgesamt werden McEwen und McEwen Mining also 6 Mio. $ in Great Bear Resources investieren und anschließend einen Anteil von 18,8% an dem Unternehmen halten.

Der Erlös aus der Privatplatzierung soll für Explorations- und Bohrarbeiten am Projektgebiet Red Lake in Ontario verwendet werden und als allgemeines Arbeitskapital dienen.

[freddy1989]

Marktkap. 755,07 Mio.
KGV 50,89

Weiss jemand wie hoch die Assets von Mc Ewen Mining bewertet sind ? und ob die Bewertung Fair ist im Bezug auf die Market cap?

[freddy1989]

Marktkap. 677,07 Mio.
KGV 50,89

Weiss jemand wie hoch die Assets von Mc Ewen Mining bewertet sind ? und ob die Bewertung Fair ist im Bezug auf die Market cap?

[bigyawn]

ORIGINAL: Attention All Contrarian Investors, Big Profits Are Possible – Time to Alter Your Portfolio Mix

2018-09-05 12:07 ET - News Release

TORONTO, Sept. 05, 2018 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) would like to remind you of our quickly approaching Investor Day which is being held this Thursday, September 6th from 12 pm to 2 pm EDT. We are inviting all precious metals analysts, market letter writers, shareholders and contrarian investors to attend this event in person or participate in the global live webcast. We have made a lot of progress this year and we want to share all the details with you.
We are inviting you to come and learn how:
Exciting new drill intercepts at Black Fox have encountered high grades of up to 20 ounces per ton of gold;
We have been building our gold resources at Black Fox and Gold Bar;
Our newest mine, Gold Bar is progressing quickly to production;
We plan to extend the mine life in Mexico by 12 years without onerous financing needs;
Los Azules, a large copper project and our biggest possible value creator, is being transformed from a remote, limited access exploration project to having year-round access and moving quickly towards permitting.
Our Chairman and Chief Owner, Rob McEwen, has just increased the cost base of his investment in the Company by $25 million to $160 million. Come find out why.
It will likely be a big surprise to most investors to learn that many gold stocks have delivered far superior returns to the broad market indices. Since the start of 2016 to present, while the Dow Jones Industrials and S&P 500 have increased by 52% and 45%, respectively, the share price of McEwen Mining has increased by 76% and yet it is trading at 21% of its 2011 high of $9.15.
If you haven’t considered an investment in precious metals for quite a while, you should now. Why? Because there hasn’t been a better time in many years. The downside risk is much lower than the broad market and the potential for large capital gains is considerable. Consider these two facts: commodity prices are cyclical; and today the value of commodities relative to equities is at the lowest point in 48 years.
Join us this Thursday Sept. 6th to learn why precious metals are the next place to invest and why you should consider having McEwen Mining in your portfolio. The event will be held at Vantage Venues, (previously St. Andrew’s Conference Centre) at 150 King St. West, Toronto, 27th floor, Caledonia Room, from 12:00 pm to 2:00 in the afternoon.
To reserve a seat, please RSVP to [e-mail] or [e-mail], or call our office at telephone [phone] or toll free 866-441-0690.
For those of you who would like to participate in the live webcast, please use the following link and follow the directions http://www.smpav.ca/sign-in.php?ID=39321.
Alternatively you can listen to the audio-only conference by dialing for U.S. & Canada Telephone: [phone] or Toll-Free: 1-866-305-1460, using access code: 5415580 (for additional international numbers click here).
These are very exciting times for MUX and we want you to be a part of it!
ABOUT MCEWEN MINING
McEwen’s goal is to qualify for inclusion in the S&P 500 Index by creating a profitable gold and silver producer. McEwen’s principal assets consist of: the San José mine in Santa Cruz, Argentina (49% interest); the El Gallo Gold mine in Mexico; the Black Fox mine in Timmins, Canada; the Gold Bar mine in Nevada that is currently under construction; and the large Los Azules copper project in Argentina that is advancing towards permitting.
McEwen has a total of 337 million shares outstanding. Rob McEwen, Chairman and Chief Owner, owns 24% of McEwen.
CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
This news release contains certain forward-looking statements and information, including "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements and information expressed, as at the date of this news release, McEwen Mining Inc.'s (the "Company") estimates, forecasts, projections, expectations or beliefs as to future events and results including, but not limited to, the closing of the Offering and the use of proceeds thereof. Forward-looking statements and information are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, risks and contingencies, and there can be no assurance that such statements and information will prove to be accurate. Therefore, actual results and future events could differ materially from those anticipated in such statements and information. Risks and uncertainties that could cause results or future events to differ materially from current expectations expressed or implied by the forward-looking statements and information include, but are not limited to, factors associated with fluctuations in the market price of precious metals, mining industry risks, political, economic, social and security risks associated with foreign operations, the ability of the corporation to receive or receive in a timely manner permits or other approvals required in connection with operations, risks related to fluctuations in mine production rates, risks associated with the construction of mining operations and commencement of production and the projected costs thereof, risks related to litigation, the state of the capital markets, environmental risks and hazards, uncertainty as to calculation of mineral resources and reserves, and other risks. The Company’s dividend policy will be reviewed periodically by the Board of Directors and is subject to change based on certain factors such as the capital needs of the Company and its future operating results. Readers should not place undue reliance on forward-looking statements or information included herein, which speak only as of the date hereof. The Company undertakes no obligation to reissue or update forward-looking statements or information as a result of new information or events after the date hereof except as may be required by law. See McEwen Mining's Annual Report on Form 10-K for the fiscal year ended December 31, 2017 and other filings with the Securities and Exchange Commission, under the caption "Risk Factors", for additional information on risks, uncertainties and other factors relating to the forward-looking statements and information regarding the Company. All forward-looking statements and information made in this news release are qualified by this cautionary statement.
The NYSE and TSX have not reviewed and do not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management of McEwen Mining Inc.
CONTACT INFORMATION:



Mihaela Iancu
Investor Relations
647-258-0395 ext 320
[e-mail]
Website: www.mcewenmining.com

Facebook: facebook.com/mcewenrob

Twitter: twitter.com/mcewenmining
150 King Street West
Suite 2800, P.O. Box 24
Toronto, Ontario, Canada
M5H 1J9
866-441-0690


© 2018 Canjex Publishing Ltd. All rights reserved.

[bigyawn]

McEwen releases NI 43-101 inf estimate for Stock East

2018-09-06 06:15 ET - News Release

Mr. Sylvain Guerard reports
MCEWEN MINING REPORTS INITIAL RESOURCE AND HIGH GRADE DRILL INTERSECTIONS AT STOCK PROPERTY
McEwen Mining Inc. has released an initial inferred resource estimate for the Stock East deposit and highly encouraging early-stage exploration results from targets located on the Stock property, part of the Black Fox complex near Timmins, Ont., Canada.
Highlights include:
The initial Stock East Deposit Inferred resource estimate is 114,000 gold ounces at a grade of 2.54 g/t (combined open pit and underground), which is part of a 2 km long mineralized trend that also hosts the past-producing underground Stock Mine (historical production of 137,000 gold ounces at a grade 5.5 g/t, and no current resource estimate).
Stock East drilling intersected 25.16 g/t gold over 2.09 m.
Stock Mine drilling intersected 22.15 g/t gold over 1.39 m and 7.01 g/t gold over 2.98 m on the depth extension of the mine.
Drilling started in February at Stock East, a target that was unexplored for over 20 years. The encouraging results from that campaign prompted us to extend drilling activities over a 2 km long trend that includes the Stock Mine, Gap and Stock East targets. Positive drill results include narrow higher grade intersections, and also wider and lower grade intersections that may support the potential for open pit mining," stated Sylvain Guerard, Senior Vice-President Exploration.
Stock East
The Stock Property covers a 6.5 km section of the Destor-Porcupine fault. The Stock East Zone is located 700 m east of the former Stock Mine and current mill facilities (see Figure 1). Drilling to date has outlined a thick sequence of gold-bearing altered mafic volcanic rocks believed to represent the eastern strike extension of the former Stock Mine. An initial drilling program beginning in February 2018 (Phase 1) returned encouraging intersections of gold mineralization, which were previously reported in press releases dated April 30 and July 25, 2018. A follow-up drilling program began in June 2018 (Phase 2) and is still in progress.

Stock East highlights are listed in the table below:
Hole Area From (m)To (m)Length (m)TW (m)Gold (g/t)
S18-38 Stock East268.40 274.506.10 4.76 1.71
S18-46 Stock East304.80 340.5035.70 30.41 1.14
S18-47 Stock East335.70 348.0012.30 9.69 5.76
Including 344.45 347.102.65 2.09 25.16
Including 345.00 347.102.10 1.66 30.02
And 360.00 361.701.70 1.34 7.49
S18-56 Stock East473.10 479.756.65 5.43 2.87
S18-59 Stock East238.00 256.8518.85 13.85 0.81
And 268.00 274.006.00 4.42 1.28


Drilling has outlined an open pit and underground Inferred resource estimate for the Stock East Deposit totaling 114,000 gold ounces at a grade of 2.54 g/t. Stock East has a strike length of approximately 400 m and extends vertically from surface to a depth of at least 350 m and is open in all directions. An infill drill program is ongoing with the objective of upgrading the resource to the Indicated category later in 2018.
Stock Mine and Gap Target
In addition to drilling the Stock East Zone, the current Phase 2 program is also testing two other areas at the Stock Mine and the Gap Zone, which have had very little previous drilling.
Four holes have been drilled underneath the historical mine workings testing for the extension of the Stock Mine mineralization at depths from approximately 320 to 700 m below surface. In addition, 11 holes have been drilled along a 400 m trend east of the Stock Mine, testing continuity in sparsely drilled areas located along the main structure (Gap Zone).
Gold mineralization has been intersected in a variety of lithological settings including altered feldspar porphyry intrusions, altered mafic volcanic rocks and fuschite-altered ultramafic rocks. The zones include wide intervals of lower-grade gold mineralization (grades from 0.8 to 1.25 g/t gold over widths of 18 to 30 m) and narrow intervals of higher-grade gold mineralization (grades of 5 to 22 g/t gold over widths of 1 to 4 m).
The results below support the potential to extend the mineralization down plunge from the Stock Mine, and for shallow mineralization along the 2 km long trend that extends from the hanging wall of the Stock Mine to the Stock East Zone. Follow-up drilling is ongoing.

Stock Mine highlights are listed in the table below:
Hole Area From (m)To (m)Length (m)TW (m)Gold (g/t)
S18-26 Stock Mine464.30 497.4033.10 24.18 0.92
S18-31 Stock Mine612.00 630.0018.00 13.89 0.87
And 719.70 723.003.30 2.59 5.58
Including 722.00 723.001.00 0.79 14.80
And 727.00 730.803.80 2.98 7.01
Including 730.00 730.800.80 0.63 30.10
And 758.35 766.007.65 6.01 2.18
Including 762.00 766.004.00 3.14 3.76
S18-35 Stock Mine333.00 335.002.00 1.39 22.15
And 365.00 383.0018.00 12.54 1.25
And 431.00 435.004.00 2.80 2.12
S18-36 Stock Mine519.00 528.459.45 7.5 1.25


Gap Zone highlights are listed in the table below:
Hole Area From (m)To (m)Length (m)TW (m)Gold (g/t)
S18-27 Gap Zone85.84 87.45 1.61 1.46 2.52
And 141.00 143.002.00 1.84 6.00
Including 142.00 143.001.00 0.92 10.85
S18-33B Gap Zone172.95 176.002.05 2.8 1.48
And 190.15 196.055.90 5.43 0.93
S18-66 Gap Zone107.00 118.0011.00 7.72 0.69
S18-69A Gap Zone51.00 56.40 5.40 5.11 1.01
S18-70 Gap Zone125.00 160.1035.10 25.77 0.78
S18-76 Gap Zone86.15 88.60 2.45 2.31 2.24
S18-77 Gap Zone140.00 142.002.00 1.51 2.50




Stock East Resource
The Stock East Deposit Inferred resource estimate, effective September 5, 2018, is comprised of two components; an open pit constrained Inferred resource of 40,000 gold ounces, and an underground resource of 73,000 gold ounces. Details are as follows:

Classification Cut-off Grade Gold Quantity Gold Grade Contained Gold
(g/t) (000 t) (g/t) (oz)
Open Pit Inferred 0.25 798 1.58 40,000
Underground Inferred2.40 591 3.85 73,000
Total 1,389 2.54 114,000

For further details about the Black Fox Complex project, please refer to our NI 43-101 technical report titled "Technical Report for the Black Fox Complex, Canada" dated April 6th 2018 with an effective date of October 31st, 2017 available on SEDAR ( www.sedar.com ) under our issuer profile.
Stock East Mineral Resource Estimate Notes:
The Mineral Resource Statement complies with the standards for reporting mineral resources as set out under CIM guidelines; Resources are presented undiluted and in-situ and are considered to have reasonable prospects for eventual economic extraction; Mineral resources are not mineral reserves and do not have demonstrated economic viability; all figures are rounded to reflect the relative accuracy of the estimate; Open Pit constrained resources are reported at a cut-off grade of 0.25 g/t Au; underground resources are reported at a cut-off grade of 2.4 g/t Au. Drill hole intervals were composited to 1 m lengths within mineralized domains; After statistical analysis, grade capping was not used for the composite data; however a high grade restricted search was utilised; A density value of 2.60 t/m3 was applied to all lithologies. Additional density measurements on the various lithologies and host rocks to be undertaken; Estimation parameters were determined by variography; all zones were interpolated using Ordinary Kriging (OK); Block dimensions were 6x6x6 m with sub-celling down to 1 m blocks;
McEwen Mining is not aware of any known environmental, permitting, legal, title-related, taxation, socio-political or marketing issues that could materially affect the mineral resource estimate.
The resource estimate is the result of detailed logging and assaying of 69 surface drill holes. In addition to the recent drilling and assay results from 20 drillholes completed by McEwen between February and August 2018, data from a further 47 historic drillholes from the 1990s was used. A re-sampling program of the historic holes have shown that the re-assays are comparable with the historical grades. Statistical analysis of the data (including a 2 sample t-test) indicate that the difference between the original grades and re-assays is close to zero. However, most of the re-sampling was completed on the core from the low-grade intersections of the historical holes, as the core from higher-grade historical intersections was mostly unavailable for re-sampling.
ABOUT MCEWEN MINING
McEwen has the goal to qualify for inclusion in the S&P 500 Index by creating a profitable gold and silver producer focused in the Americas. McEwen's principal assets consist of: the San Jose mine in Santa Cruz, Argentina (49% interest); the Black Fox mine in Timmins, Canada; the El Gallo Fenix project in Mexico; the Gold Bar mine in Nevada, currently under construction; and the large Los Azules copper project in Argentina, advancing towards development.
McEwen has a total of 337 million shares outstanding. Rob McEwen, Chairman and Chief Owner, owns 24% of McEwen.
QUALIFIED PERSON
The technical content in this press release including geology, drilling and sampling has been reviewed and approved by Ken Tylee, P.Geo., Exploration Manager for McEwen; the modelling and estimation of the mineralised zone for the resource estimate, with an effective date of August 8th 2018, was performed under the supervision of Yerzhan Uzakbayev (MAIG), who is a "qualified person" within the meaning of NI 43-101. Mr. Uzakbayev is Senior Consultant Geologist for Datamine International Ltd and is considered to be "independent" of McEwen for the purposes of NI 43-101. The resource estimate has been reviewed and approved by Mr. Luke Willis, P.Geo, Director, Resource Modelling for McEwen who is a "qualified person" within the meaning of NI 43-101.
TECHNICAL INFORMATION
All intercept widths are true widths unless otherwise specified.
All exploration drill core samples at the Black Fox Complex were submitted as 1/2 core. Analyses reported herein were performed by the independent laboratories: ALS Laboratories, which is ISO 9001/IEC17025 certified, Activation Labs, which is ISO 9001/IEC17025 certified, and SGS Canada Laboratories, which is ISO9001/IEC17025 certified. Samples from definition and select delineation drilling, and development sampling completed within the Black Fox mine are assayed at McEwen's onsite laboratory. McEwen's quality control program includes systematic insertion of blanks, standard reference material and duplicates to ensure laboratory accuracy.
To determine the lengths of significant mineralized intervals, the following composite criteria was established: a minimum reportable interval length of 3 m was determined by establishing a cut-off grade of 3 g/t Au for underground (0.5 g/t Au for near surface). A consecutive maximum length of 3 m of internal waste, including sub cut-off grade material, is allowed and incorporated into the reported composites. Where an interval of less than 3 m is considered, if the grade x length calculation is greater than 9 (3 for surface), it may be reported. There is no top cutting or capping of assays.
We seek Safe Harbor.
© 2018 Canjex Publishing Ltd. All rights reserved.

[bigyawn]

McEwen drills 8.3 m of 53.9 g/t Au at Froome

2018-09-06 06:24 ET - News Release

Mr. Ken Tylee reports
MCEWEN MINING INTERSECTS 53.9 G/T GOLD OVER 8.3 M AT THE FROOME FOOTWALL
McEwen Mining Inc. has released an updated resource estimate for the Froome deposit and highly encouraging exploration results from its continuing $15-million exploration program at the Black Fox complex near Timmins, Ont., Canada.
Highlights include:
Froome Footwall: Drilling intersected 53.93 g/t gold over 8.29 m including 322.86 g/t gold over 1.34 m , along the footwall structure located approximately 150 m North of the main Froome deposit.
Froome Resource: Indicated resource estimate increased by 14% to 181,000 gold ounces at a grade of 5.09 g/t.
Pike River: Shallow high-grade intersection of 35.04 g/t gold over 3.30 m core length (CL) along the same 7 km long structural belt that hosts the Froome deposit and Gibson mineralization.
Grey Fox: Multiple shallow intersections including 13.41 g/t gold over 2.82 m including 27.70 g/t gold over 0.94 m , and 5.79 g/t gold over 1.99 m including 9.71 g/t gold over 0.93 m from a mineralized cross-structure located in the hanging wall of the 147 Zone, which has a current Indicated resource of 264,000 gold ounces at a grade of 7.49 g/t.
Black Fox Mine: 35.08 g/t gold over 1.69 m intersected on the depth extension of the mine. An underground exploration drift is under development and additional drilling will begin in mid-September.
Froome Footwall
Surface drilling at Froome during Q3 has been focused on two targets: 1) evaluating the down-plunge extension of the Froome Deposit, and 2) assessing the potential of the mineralized footwall, which returned 53.93 g/t gold over 8.29 m including 322.86 g/t gold over 1.34 m. The current interpretation suggests that this new occurrence extends the complex, braided {A ‘}belt' of elevated gold mineralization (running parallel to Froome) by approximately 350 m strike length to the East.
The addition of these new drill intersections within the Froome Footwall could provide an economic enhancement to the proposed underground development planned to commence later in September. Definition drilling to further evaluate the footwall target is ongoing.

Significant Froome Footwall drill intersections include:
Hole Area From (m) To (m) Length (m) TW (m) Gold (g/t)
18PR-G276 Froome Main 420.50 422.00 1.50 1.27 4.81
Including 420.50 421.00 0.50 0.42 10.50
And 445.00 455.00 10.00 8.47 2.68
Including 450.00 453.00 3.00 2.54 6.31
18PR-G279 Froome FW 88.60 92.00 3.40 2.86 1.54
And 97.00 101.15 4.15 3.49 3.05
And 113.00 122.90 9.90 8.29 53.93
Including 113.00 114.60 1.60 1.34 322.86
18PR-G280 Froome Main 306.95 315.35 8.40 7.27 2.61
And 347.00 354.00 7.00 6.05 3.24
18PR-G288 Froome FW 81.00 88.00 7.00 5.96 3.32
18PR-G292 Froome FW 150.20 158.00 7.80 7.07 3.05
TW = True width (mathematically calculated based on current interpretation)



Pike River Target
The Pike River Target Area, located between the Froome Deposit to the northwest and Gibson Deposit to the southwest, is underlain by the Gibson-Kelore Fault zone. These mineralized intercepts indicate the high potential for a new discovery within this underexplored segment of the Gibson-Kelore Fault Zone.
Significant Pike River drill intersections include:

Hole Area From (m)To (m)Length (m)TW (m)Gold (g/t)
18PR-032Pike River70.00 72.00 2.00 * 2.12
And 79.00 82.30 3.30 * 35.04
* True width unknown



Grey Fox - 147 Zone Hanging Wall Target
Previous exploration activities at Grey Fox focused on east dipping oreshoots. A 3,000 m drill program traced a mineralized cross-structure at a different orientation over a strike length of 140 m, and from the surface to a depth of 125 m. These results indicate that the mineralized cross-structure is continuous and traceable, and provides a framework for adding resource ounces at Grey Fox.

Significant Grey Fox drill intersections include:
Hole Area From (m)To (m)Length (m)TW (m)Gold (g/t)
18GF-1087147 HW30.10 33.48 3.38 2.76 1.14
And 129.90 136.006.10 4.96 3.64
Including 133.00 136.003.00 2.44 6.75
18GF-1088147 HW8.85 11.30 2.45 1.99 5.79
Including 8.85 10.00 1.15 0.93 9.71
18GF-1092147 HW7.00 10.00 3.00 2.82 13.41
Including 9.00 10.00 1.00 0.94 27.70



Black Fox Underground
One underground drill rig has been testing the down-plunge extension of the Deep Central Zone (DCZ) (see Figure 1). Drilling intersected multi-phase quartz-carbonated veining, which returned an intercept of 35.08 g/t gold over 1.69 m including 55.10 g/t gold over 1.01 m. This represents the deepest high-grade intercept at the mine, and supports the belief that mineralization extends deeper down plunge. Drilling will resume in mid-September from better positions in the newly constructed drilling bays on the 810 m level.
Significant DCZ drilling highlights include:



Hole AreaFrom (m)To (m)Length (m)TW (m)Gold (g/t)
520-EX346-42DCZ 426.50 428.001.50 1.30 6.87
And 561.00 563.002.00 1.69 35.08
Including 561.00 562.201.20 1.01 55.10
490-L094-98 DCZ 215.80 217.001.20 0.81 161.89
Including 215.80 216.400.60 0.40 320.73


Froome Resource Estimate
The tables below summarize the current and previous Froome resource estimates. The differences are primarily attributable to additional drilling. Similar modeling parameters were used in both estimates.

Mineral Resource Statement, Froome Project, SRK Consulting (Canada) Inc., August 31, 2018

Classification Cut-off Grade Gold (g/t)Quantity({A ‘}000 t)Grade Gold (g/t)Contained Gold (000 oz)
Indicated Mineral Resource
Underground 3.20 1,104 5.09 181
Total Indicated 3.20 1,104 5.09 181
Inferred Mineral Resource
Underground 3.20 17 4.62 2
Total Inferred 3.20 17 4.62 2




Previous Mineral Resource Statement, Froome Project, SRK Consulting (Canada) Inc., March 30, 2018 (Obsolete)

Classification Cut-off Grade Gold (g/t)Quantity({A ‘}000 t)Grade Gold (g/t)Contained Gold (000 oz)
Indicated Mineral Resource
Underground 3.20 941 5.26 159
Total Indicated 3.20 941 5.26 159
Inferred Mineral Resource
Underground 3.20 125 4.70 19
Total Inferred 3.20 125 4.70 19




ABOUT MCEWEN MINING
McEwen has the goal to qualify for inclusion in the S&P 500 Index by creating a profitable gold and silver producer focused in the Americas. McEwen's principal assets consist of: the San Jose mine in Santa Cruz, Argentina (49% interest); the Black Fox mine in Timmins, Canada; the El Gallo Fenix project in Mexico; the Gold Bar mine in Nevada, currently under construction; and the large Los Azules copper project in Argentina, advancing towards development. McEwen has a total of 337 million shares outstanding. Rob McEwen, Chairman and Chief Owner, owns 24% of McEwen.
QUALIFIED PERSON
Technical information pertaining to geology and exploration contained in this news release has been prepared under the supervision of Ken Tylee, P.Geo. Mr. Tylee is a "qualified person" within the meaning of NI 43-101.
The current mineral resource estimate was prepared by Dr. Aleksandr Mitrofanov, P Geo, who is a "qualified person" within the meaning of National Instrument 43-101 ("NI 43-101"). The previous mineral resource estimate was audited by Dr. David Machuca, PEng (PEO 100508889), who is a "qualified person" within the meaning of National Instrument 43-101 ("NI 43-101"). Dr. Mitrofanov and Dr. Machuca are employees of SRK Consulting, (Canada) Ltd and are considered to be "independent" of McEwen for the purposes of NI 43-101.
TECHNICAL INFORMATION
All intercept widths are true widths unless otherwise specified.
All exploration drill core samples at the Black Fox Complex were submitted as 1/2 core. Analyses reported herein were performed by the independent laboratories: ALS Laboratories, which is ISO 9001/IEC17025 certified, Activation Labs, which is ISO 9001/IEC17025 certified, and SGS Canada Laboratories, which is ISO9001/IEC17025 certified. Samples from definition and select delineation drilling, and development sampling completed within the Black Fox mine are assayed at McEwen's onsite laboratory. McEwen's quality control program includes systematic insertion of blanks, standard reference material and duplicates to ensure laboratory accuracy.
To determine the lengths of significant mineralized intervals, the following composite criteria was established: a minimum reportable interval length of 3 m was determined by establishing a cut-off grade of 3g/t gold for underground (1 g/t gold for near surface). A consecutive maximum length of 3 m of internal waste, including sub cut-off grade material, is allowed and incorporated into the reported composites. Where an interval of less than 3 m is considered, if the grade x length calculation is greater than 9 (3 for surface), it may be reported. There is no top cutting or capping of assays.
For further details about the Black Fox Complex project including Tamarack, please see our recent NI 43-101 technical report titled "Technical Report for the Black Fox Complex, Canada" dated April 6th, 2018 with an effective date of October 31st, 2017 available on SEDAR (www.sedar.com) under our issuer profile.
We seek Safe Harbor.
© 2018 Canjex Publishing Ltd. All rights reserved.

[bigyawn]

McEwen Mining pegs Gold Bar at 197,000 oz Au indicated

2018-09-06 07:23 ET - News Release

Mr. Sylvain Guerard reports
MCEWEN MINING ANNOUNCES GOLD BAR RESOURCE UPDATE AND NEW DRILL PROGRAM
McEwen Mining Inc. has started a new phase of drilling as part of its continuing $5-million exploration program at the Gold Bar property, located along the prolific Battle Mountain-Eureka gold trend in Nevada, United States.
McEwen's 2018 exploration goals are to grow known deposits and make new discoveries that will contribute to extending the life of the Gold Bar Mine. From Nov 2017 to Q2 2018 drilling focused on expanding known resources and better delineating the planned open pits. Seventy-nine new drill holes totaling 52,700 ft. (16,000 m) of drilling was completed since the last resource estimate in 2015.
The Gold Bar resource update resulted in an increase of 92,000 ounces of Indicated resources, and an additional 82,000 ounces of Inferred resources, mostly in the Gold Pick and Gold Ridge areas (see Table 1). The increase was attributable in part to the additional drilling and also to economic factors such as higher gold recoveries and lower waste mining costs.

Table 1 - Gold Bar Property Resource Summary

Deposit Area Resource Category March 2018 Gold OuncesNew August 2018 Gold Ounces**Change
Gold Bar Measured + Indicated629,000 721,000 +92k
Inferred 115,000 197,000 +82k
Gold Bar South*Indicated 101,000 101,000 Unchanged
Inferred 5,000 5,000 Unchanged
TOTAL Measured + Indicated730,000 822,000 +92k
Inferred 120,000 202,000 +82k
* A new resource estimate for Gold Bar South was not completed therefore it is unchanged.
** Refer to Table 2 for details of the resource estimate.


During the first half of 2018, multiple exploration methods including geophysical surveys, soil and rock geochemical sampling programs, satellite data acquisition, and 'boots on the ground' geologic mapping contributed data to a new geologic model that revealed high quality drill targets defined by overlapping anomalies. Three exploration and development targets are covered in this release: Cabin Creek, ML, and Gold Bar South.
"We are entering a very interesting time for Gold Bar exploration. For the first time we have assembled all the key information that allows us to develop a robust geological understanding and define new high quality drill targets. We are initiating drilling to target additional oxide mineralization to extend the mine life, and to explore for deeper Carlin-type gold discoveries. We believe Gold Bar hosts all the essential attributes that are characteristic to large Carlin-type gold deposits and look forward to this new and exciting phase of exploration, " stated Sylvain Guerard, Senior Vice President Exploration.
Cabin Creek
The Cabin Creek area lies along an anticline cut by a large fault zone. It is one of multiple targets along the anticline, which extends for more than 5 miles (8 km) across the Gold Bar Property. Exploration work to date has extended the prospective target area by more than 24 acres (10 hectares). Drilling commenced in mid-August, targeting oxide extensions of the gold mineralization along strike and down dip. A total of 5 holes are currently planned to depths averaging 1,000 feet (305 m).
ML
The ML target area lies approximately 4,000 feet (1.2 km) southeast of the Cabin Creek deposit. ML is a completely new and untested, shallow, oxide gold target area defined by geophysical, geochemical, and geological targeting anomalies. A drilling program of six reverse circulation rotary holes is anticipated to start in early September. It is also considered a good area for deep exploration targeting higher-grade gold mineralization similar to other Carlin-type deposits in Nevada, such as Barrick's Cortez Hills or Gold Rush.
Gold Bar South
The Gold Bar South deposit (formerly known as Afgan) lies approximately 3.5 miles (5.7 km) southeast of Cabin Creek. The area remains open at depth and along strike. The geology of the near-surface mineralization at Gold Bar South suggests the potential for stacked Carlin-type targets in units below the known resource. It will be the target of infill drilling, and deeper exploration drilling. The program, beginning in October, consists of 22 infill holes, 5 oriented core holes and 5 metallurgical core holes for a total of 5,000 ft (1,500 m).

Table 2 - Mineral Resource Statement for the Gold Bar Deposit, SRK Consulting (U.S.), Inc., August 31, 2018

U.S. Standard Units Metric Units
Tonnage Gold Grade Contained gold Gold Grade Contained Gold (kg)
Gold Bar Project Resources (000's tons) (oz/t) (000's oz) (g/t) (kg)
Measured 3,105 0.034 106 1.17 3,286
Indicated 23,901 0.026 615 0.88 19,141
Measured and Indicated 27,006 0.027 721 0.92 22,427
Inferred 7,510 0.026 197 0.90 6,126


Table 2 does not include mineral resources at the Gold Bar South deposit.
Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. There is no certainty that any part of the Mineral Resources estimated will be converted into a Mineral Reserves estimate;
Resources stated as contained within a potentially economically minable open pit; pit optimization parameters are: US$1,350/oz Au, 82% recovery, US$5/oz Au Sales Cost, US$1.85/t waste mining cost for Cabin Creek, US$1.80/t waste mining cost for Gold Pick, US$1.78/t waste mining cost for Gold Ridge, US$9.48/t ore mining and processing cost (OMPC) for Gold Pick, US$9.57/t OMPC for Cabin Creek, and US$10.57/t OMPC for Gold Ridge, 54 degree pit slopes for Gold Pick and Cabin Creek, and a 42 degree pit slope for Gold Ridge;
Resources are reported using a gold cutoff grade of 0.007 oz/t for Gold Pick and Cabin Creek and a cutoff grade of 0.008 oz/t for Gold Ridge;
Numbers in the table have been rounded to reflect the accuracy of the estimate and may not sum due to rounding.
ABOUT MCEWEN MINING
McEwen has the goal to qualify for inclusion in the S&P 500 Index by creating a profitable gold and silver producer focused in the Americas. McEwen's principal assets consist of: the San Jose mine in Santa Cruz, Argentina (49% interest); the Black Fox mine in Timmins, Canada; the El Gallo Fenix project in Mexico; the Gold Bar mine in Nevada, currently under construction; and the large Los Azules copper project in Argentina, advancing towards development.
McEwen has a total of 337 million shares outstanding. Rob McEwen, Chairman and Chief Owner, owns 24% of McEwen.
QUALIFIED PERSON
Technical information pertaining to geology and exploration contained in this news release has been prepared by Charles Sulfrian, AIPG, CPG. Mr. Sulfrian is a "qualified person" within the meaning of NI 43-101.
Mineral resources were calculated in accordance with the Canadian Institute of Mining, Metallurgy, and Petroleum (CIM) Definition Standards for Mineral Resources and Mineral Reserves, May 10, 2014 (CIM, 2014). Accordingly, the Resources have been classified as Measured, Indicated or Inferred. The resource estimate and related geologic modeling were conducted by, or under the supervision of, Tim Carew, M.Sc. P.Geo., and Justin Smith, B.Sc., P.E., SME-RM, both of SRK Consulting (U.S.), Inc., Reno, Nevada. Mr. Carew and Mr. Smith are Qualified Persons and are independent of MUX for the purposes of NI 43-101.
We seek Safe Harbor.
© 2018 Canjex Publishing Ltd. All rights reserved.

[freddy1989]

Antwort auf Beitrag Nr.: 58.632.618 von bigyawn am 06.09.18 15:53:10

Ich sag mal so als Goldinvestor ist man nicht schlecht aufgestellt wenn es kracht

https://www.der-privatinvestor.de/die-aktuelle-lage-im-frueh…

[boersentrader02]

Hier stelle ich die neueste Präsentation von McEwen Mining ein. 158 Seiten stark

Diese Präsentation gibt einen Überblicl über alle Aktivitäten die z. Zt. bei MUX am laufen sind.


https://static2.seekingalpha.com/uploads/sa_presentations/93…


https://seekingalpha.com/article/4204965-mcewen-mining-mux-i…

[marstru]

Antwort auf Beitrag Nr.: 58.647.489 von boersentrader02 am 07.09.18 22:44:25

Die Präsentation auf Youtube https://www.youtube.com/watch?v=vX40bbDy-h4

[boersentrader02]

Antwort auf Beitrag Nr.: 58.657.071 von marstru am 10.09.18 00:24:18

Danke, so ist das natürlich bedeuted besser. Prima

[bigyawn]

ORIGINAL: Rob McEwen and McEwen Mining File Early Warning Reports in Connection With a Private Placement in Great Bear Resources Ltd.

2018-09-11 16:24 ET - News Release

TORONTO, Sept. 11, 2018 (GLOBE NEWSWIRE) -- Rob McEwen, through his wholly owned company Evanachan Limited (“Evanachan”), and McEwen Mining Inc. (“MUX”) have subscribed today for 3,930,932 Units (the “Units”) of Great Bear Resources Ltd. (“GBR”) of 1020-800 West Pender Street, Vancouver, BC, V6C 2V6 at a price of $1.45 per Unit for an aggregate gross investment of $5,699,851.40. The subscriptions by Evanachan and MUX were made by way of private placement, which formed part of a larger offering by GBR on the same terms (the “Offering”). Each Unit consists of one common share and one half of a common share purchase warrant (the “Warrants”), each Warrant is exercisable for 24 months from the closing of the Offering, at an exercise price of $1.75. This subscription agreement is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory approvals. The securities to be issued will be subject to a hold period of 4 months plus one day in Canada. Prior to participating in the Offering, neither Evanachan nor MUX held any securities of GBR.
The 3,144,746 Units purchased by Evanachan represent 9.20% of the currently issued and outstanding common shares of GBR. After giving effect to the exercise of the 1,572,373 Warrants (but before the exercise or conversion of any other securities exercisable or convertible into common shares of GBR), the common shares and the common share purchase warrants held by Evanachan represent, in the aggregate approximately 13.19% of the currently-issued and outstanding common shares of GBR.
The 786,186 Units purchased by MUX represent 2.30% of the currently issued and outstanding common shares of GBR. After giving effect to the exercise of the 393,093 Warrants (but before the exercise or conversion of any other securities exercisable or convertible into common shares of GBR), the common shares and the common share purchase warrants held by MUX represent, in the aggregate approximately 3.41% of the currently-issued and outstanding common shares of GBR.
Evanachan and MUX have acquired the Units of GBR for investment purposes, and in accordance with applicable securities laws, they may, from time to time and at any time, acquire additional common shares of GBR and/or other equity, debt or other securities or instruments (collectively, “Securities”) of GBR in the open market or otherwise and reserves the right to dispose of any or all of its Securities in the open market or otherwise, at any time and from time to time, and to engage in any hedging or similar transactions with respect to the Securities, the whole depending on market conditions, the business and prospects of GBR and other relevant factors. Evanachan is an Ontario incorporated company, whose principal business is resource sector investment. MUX is a Colorado incorporated mining company.
A copy of the early warning report filed in connection with the offering will be made available on Sedar (www.sedar.com).
FOR FURTHER INFORMATION PLEASE CONTACT:
Stefan Spears
Evanachan Limited and McEwen Mining Inc.
150 King St. West Suite 2800
Toronto, Ontario
[phone] x280


© 2018 Canjex Publishing Ltd. All rights reserved.

[Popeye82]

Gibts schon Neues zum Copper BigMäc?

[Streberleiche]

Gibt es News, die für die roten Kurse entgegen dem durchweg grünen Minenmarkt veranwortlich sind? Finde nix...

[boersentrader02]

Sollte man zumindest gelesen haben um sich vielleicht zu positionieren. Alle wissen an der Börse wird

nicht geklingelt.

Da heißt es nur, wer zu spät kommt, bekommt nur noch die Reste vom großen Kuchen. Auch die zu diesem Artikel abgegebenen Kommentare sind für Edelmetall-Anleger von Interesse. lesenswert.


Freitag, 28.09.2018 - 13:27 Uhr
Herbst 2018: Jahrhundertchance bei Gold und Silber…

Bei den Edelmetallen
https://www.godmode-trader.de/api/v1/articleimage/3691356.im… hat sich eine Gemengelage gebildet, die in die Geschichtsbücher eingehen könnte...
Bild: © Carsten-Reisinger / Fotolia.com
Andreas Hoose - Chefredakteur Antizyklischer Börsenbrief

Andreas Hoose
Chefredakteur Antizyklischer Börsenbrief
Andreas Hoose auf Guidants folgen

Erfahrene Anleger wissen, dass die mit Abstand besten Investmentgelegenheiten stets dort zu finden sind, wo kaum jemand hinsieht. Im Herbst 2018 gibt es im weltweiten Anlageuniversum einen Sektor, der diese Voraussetzung so idealtypisch erfüllt, wie kein anderer:

Während bei Aktien, Anleihen, Immobilien und sogar Kunstgegenständen oder Oldtimern in den vergangenen Jahren global betrachtet historische Preisblasen aufgepumpt wurde, fristen die beiden Edelmetalle Gold und Silber inklusive der Minenaktien ein Schattendasein.


https://www.godmode-trader.de/artikel/herbst-2018-jahrhunder…

[boersentrader02]

Die paar Jahre kann ich noch gut warten. Wenn es halt doch etwas länger dauern sollte

warte ich halt auch noch ein bisschen länger.

Ich bin zumindest gerüstet und kann abwarten was auf alle zu kommen wird.

Wer ebenfalls hier etwas zu sagen hat, sollte sich jetzt äußern. Später kann keiner sagen, ja, hätte ich das gewusst ?


PHYSISCHES GOLD ALS SCHULDPFAND FORDERN, WER SEINER BANK GELD LEIHT
September 28, 2018

von Egon von Greyerz
Original in Englisch vom Donnerstag, 20 September, 2018

Wird dies der Herbst der Herbste sein? Wird es, 10 Jahre nach dem Zusammenbruch von Lehman Brothers, erneut einen Herbst der Finanzmarktschocks geben? Die Chancen dafür stehen sehr gut!

Die überdehnten Aktienmärkte machen einen sehr anfälligen Eindruck, einschließlich der 13 „Hindenburg-Omen” am US-Aktienmarkt. Der Dollar könnte bald schon vor seinem finalen Absturz stehen und die US-Staatsanleihemärkte am Rande eines Einbruches. Dies wird im Endeffekt hyperinflationäre Anleihezinsen im Bereich von 20 % und mehr nach sich ziehen, wie in Argentinien und der Türkei.


https://goldswitzerland.com/de/physisches-gold-als-schuldpfa…

[boersentrader02]

edgar zeigt hier was die CEOs bei den Edelmetall-Förderer verdienen. Rob macht das schon

seit Jahren fpr 1 US $.

Nur seine Dividende die nimmt er ebenfalls für seine Kursschmerzen mit.

Die sei ihm auch gegönnt.



https://www.sec.gov/Archives/edgar/data/314203/0001104659180…

[boersentrader02]

Antwort auf Beitrag Nr.: 58.833.704 von boersentrader02 am 29.09.18 21:49:29

Hier ist der Link zu der neuen Präsentation.

https://www.sec.gov/Archives/edgar/data/314203/0001104659180…


Dieser Link führt zu den Förder-Ergebnissen für die nächsten 2 Jahre.

https://www.sec.gov/Archives/edgar/data/314203/0001104659180…

[boersentrader02]

Nicht nue die Großen der Branche werden davon profitieren, nein auch die kleinen Goldförderer

werden am Ende davon profitieren.

Wie sagt der Volksmund so schön:_ Hopp oder Top. So einfach ist das.



GOLD MÜSSTE BEI 16.450 $ STEHEN SILBER BEI 761 $
April 25, 2018
von Egon von Greyerz
Original in Englisch vom Donnerstag, 19 April, 2018

Die Supermächte im Westen tun was sie können, um Russland und indirekt auch China und den Iran zu provozieren und in einen Krieg zu treiben. Die meisten der heute lebenden Menschen waren noch nicht erwachsen, als der 2. Weltkrieg begann. Sie haben nicht bewusst miterlebt, was sich im Vorfeld des Krieges abspielte. Heute aber kann die ganze Welt zusehen, wie der Westen entschlossen ist, ein Land anzugreifen, das geopolitisch keine entscheidende Bedeutung hat und auch keinen anderen Staat bedroht. Trotzdem weiß der Westen, dass die Bombardierung Syriens einen globalen Konflikt mit potentiell schrecklichen Konsequenzen auslösen könnte.



https://goldswitzerland.com/de/gold-muesste-bei-16450-stehen…

[boersentrader02]

Nach den heute gemeldeten Zahlen hat McEwen 48 % mehr equivalent ounces produziert und was macht

der Kurs ? Wieviel Ounzen müssen sie denn melden damit der Kurs von McEwen richtig steigen wird ?

Er dümpelt z.Zt. daher als wenn nichts gewesen bzw. gemeldet worden ist.




McEwen Mining Reports Q3 2018 Production Results
October 11, 2018

TORONTO, Oct. 11, 2018 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) reports consolidated production for Q3 2018 of 33,806 gold ounces and 745,172 silver ounces, or 43,742 gold equivalent ounces(1)(“GEOs”), using a 75:1 gold to silver ratio. Consolidated production for the nine months ended Sept. 30, 2018 was 135,344 GEOs, which is 48% higher than the comparable period in 2017.

Consolidated Production Summary
-------------------------------Q3------------------------ YTD
----------------------------------------------------------------------------------Full Year ------------------------------------------------------------------------------2018 Guidance
----------------------2017--------2018----------2017---------2018

Gold (oz)-----------19,051-------33,806-------61,338-------105,834------------ 128,000

Silver (oz)---------749,749----745,172------2,252,003-----2,213,254---------3,225,000

GEOs(1)------------29,047------43,742 -------91,364-------135,344------------171,000


Learn more about our management team, properties, and potential by watching our Sept. 6, 2018 investor day presentation here: MUX Investor Day on YouTube

Highlights of the third quarter from our mines, including our newest mine in Nevada that is under construction, are as follows:

Gold Bar Mine, Nevada, USA (100%)

Construction is advancing on schedule for completion by the end of 2018, targeting production in Q1 2019. Activities at Gold Bar in Q3 focused on completion of the heap leach pad and crushing circuit, and advancing the process facility. All major equipment and bulk materials are either on site or purchased. Engineering for the project is complete and 97% of contracts are awarded. During the first three years of operation beginning with 2019, Gold Bar is projected to produce 55,000, 74,000 and 68,000 ounces of gold respectively.



http://www.mcewenmining.com/investor-relations/press-release…" target="_blank" rel="nofollow ugc noopener">http://www.mcewenmining.com/investor-relations/press-release…

[Streberleiche]

Die Produktionszahlen sind gut. Aber letztendlich ist auch das von der Produktion gesehen starke 2018 nur ein Übergangsjahr zu den "richtig fetten" zukünftigen Jahren - mit der Produktionsaufnahme vom Großprojekt Los Azules, das bei steigenden Kupferpreisen besonders interessant wird, der Inbetriebnahme der Mine Gold Bar in Nevada mit einer zusätzlichen Produktion von 55.000 in 2019 und 74.000 Uz in 2020, dem Hochfahren der Produktion von El Gallo von 32.000 auf 47.000 GEO usw.

Wenn sie die Planungen einhalten und nebenbei auch noch die Produktionskosten gedrückt werden können, sehen wir hier derzeit absolute Traumeinstiegskurse.

[boersentrader02]

Die neue Einschätzung der LBBW Asset Management für das Edel-Metall Gold im laufenden Jahr.

Video: Goldpreis: DER Profiteur der Aktienmarkt-Turbulenzen?



https://www.sharewise.com/de/news_articles/Video_Goldpreis_D…

[Ramses21]

Was ist denn da heute für den Kurssturz verantwortlich?

[Onlyaguy]

Antwort auf Beitrag Nr.: 59.059.519 von Ramses21 am 25.10.18 21:54:54

die Kollegen von Goldcorp.. mit ihren miesen Zahlen haben sie den ganzen Markt erschüttert und die Euphorie gekillt..

[boersentrader02]

Antwort auf Beitrag Nr.: 58.484.958 von ernestokg am 19.08.18 22:16:02

ernestkog schrieb am 19.08.18 22:16:02

[b]Bin Hoch oben auf der Alm und kann mit dem mobile nicht den Anhang öffnen. Kannst du bitte mal einstellen woraus hervorgeht dass der Boss hier nicht doch kräftig die Schafe mit einem Horror-Wucherzins von über 9 % abzockt ?
[/b]

HIER IST MEINE ANTWORT auf deine Frage: bt02

Den nachfolgenden Absatz habe ich, aus der Third Quarter 2018 Financial and Operating Results Conference Call, vom 31.10 2018 übernommen. Der Link unterhalb des Auszugs führt euch dorthin, es steht auf der Seite 11, am Schluss derselben.

Deutsche Google-Übersetzung: bt02

Rob McEwen
Sehr gern geschehen. Vielen Dank. Ich wollte nur auf Alan Steven's Kommentar über die Entschädigung des Managements aufbauen. Die Paulson Fund Management Company vor einem Jahr brachte einen blasigen Angriff auf die Bergbauindustrie und konzentrierte sich auf Leistung und Kompensation. Darauf haben wir gerade aufgebaut. Aber die 15 größten Goldproduzenten der Branche, die CEO-Entschädigung zwischen 2010 und 2017, liegen über diese sieben Jahre. Die Summe der 15 belief sich auf 695 Millionen US-Dollar, was angesichts ihrer Leistung unerhört ist.

Von den 15 erzielten 13 von ihnen eine Performance, die von - ihre Anteile um 21% bis 94% ging.

Im selben Zeitraum waren wir (McEwen Mining) um 2% gesunken, und ich erhielt in diesen sieben Jahren 3 Dollar.

Dies ist die Antwort auf deine Frage. Ich konnte sie damals nicht mehr finden, aber Rob hat das entweder bei der letzten Veröffentlichumg der Quartalszahlen zum 2. Quarlal gesagt oder als er die Ankündigung zu der Aufnahme der 50 $ Mill. Davon hatte er eben mindestes 25 Mill. zinslos übernommen und in das Unternehmen gesteckt. bt02

Hier geht es weiter mit der Fortsetzung des Artikels von Rob Ewen:BT="

Ich denke, die Industrie muss ihre Entschädigung neu ausrichten, um die Leistung widerzuspiegeln und den Anteilseignern mehr zu bieten.

Bevor Anteilseigner es nur zu gerne teilen, wenn sie steigen und das verbessern. Ich denke, dass Entschädigung eines der großen heißen Themen der Branche ist, und das geht mit Aktienbesitz einher. Die meisten Leute, die diese großen Entschädigungspakete erhielten, hatten sehr wenig Eigentum an ihrem Unternehmen. Noch die anderen Fragen online? Alle anderen Fragen Operator.



https://seekingalpha.com/article/4216721-mcewen-minings-mux-…

[boersentrader02]

Antwort auf Beitrag Nr.: 59.114.360 von boersentrader02 am 01.11.18 14:43:42

Es ist doch die Seite 12, und nicht wie von mir angegeben die Seite 11, auf der Rob dieses kundtut.

[boersentrader02]

Gestern wurde sie abgehalten, die McEwen Mining Third Quarter 2018

Financial and Operating Results Conference Call

Rob und das unten angegebene Management gibt hier Auskunft über das zum 30. Sept. 2018 abgelaufende 3. Quartal.

Und die Auskünfte, die dort angegeben wurden sind für MUX nicht schlecht. Sobald der Bärenmarkt für die Edelmetalle dreht wird sich MUX kaum auf dieses Kursniveau halten können.
Allerdings kann man den Zeitpunkt des Drehens nicht vorher sagen, aber er wird kommen, so die Aussage von Rob.

Lest einfach diese Veröffentlichung, der Umfang sind 16 Seiten, und ihr wisst Bescheid.

Zumindest sehe ich das so.

Das es trotzdem einen Verlust von 12,8 Mill, $ gegeben hat, hat mich allerdings schon stark überrascht. Aber nach dem ich mir den ganzen Artikel durchgelesen und die von den Analysten ebenfalls sowie auch die Antworten des Managements gelesen habe, muß ich feststellen das bereits einiges für die Zukunft ausgegeben wurde und darum zu diesem Verlust von 0,04 $ pro Aktie geführt hat.
Wir werden, so hoffe ich es wenigstens, wird uns bessere Kurse bringen, vielleicht schon im nächsten aber bestimmt im übernächsten Jahr.



McEwen Mining's (MUX) CEO Rob McEwen on Q3 2018 Results - Earnings Call Transcript
Oct. 31, 2018 7:13 PM ET|
4 comments |
About: McEwen Mining Inc. (MUX)
Q3: 10-31-18 Earnings Summary

Press Release

McEwen Mining Inc. (NYSE:MUX) Q3 2018 Earnings Conference Call October 31, 2018 11:00 AM ET

Executives

Rob McEwen – Executive Chairman & Chief Owner

Chris Stewart – President and Chief Operating Officer

Sylvain Guerard – Senior Vice President of Exploration

Andrew Elinesky – Chief Financial Officer

Analysts

Jake Sekelsky – Roth Capital Partners

Heiko Ihle – H.C. Wainwright

Mike Kozak – Cantor Fitzgerald

Bhakti Pavani – Alliance Global

Robert Silvera – R.E. Silvera Associates

Bill Powers – Private Investor

Operator

Good day, ladies and gentlemen, and welcome to the McEwen Mining Third Quarter 2018 Financial and Operating Results Conference Call. At this time, all participants are in a listen-only mode. When you sign in into the call online everyone will be able to access the slides McEwen Mining will be going over on today’s call. And you will be able to access the slides after the call at www.mcewenmining.com where it will be posted.

Later, we will conduct the question-and-answer session and instructions will follow at that time. [Operator Instructions] I would now like to turn the call over to Rob McEwen, Chief Owner. Sir, you may begin.

Rob McEwen

Thank you, Operator. Good morning, fellow shareowners, ladies and gentlemen. I'm very pleased to welcome you to our third quarter conference call. Happy Halloween. During the third quarter, we moved forward on a number of fronts.

Exploration has been successful, increasing our resource base at Gold Bar and will lead to an extension of mine life. Gold Bar is also advancing as planned, on schedule, on budget, with production to begin in Q1 of next year.

At Black Box, exploration has not only increased the resource base of several existing deposits, it has found a number of new targets that are quite encouraging. At Los Azules, the most important development is the possibility of a new access route into the deposit, and this could provide 12-month or year-round access rather than the current five month access. It looks promising, and should it work, I think, this will substantially increase the value of Los Azules to us.

As a result of these factors and work being done at Black Fox and in Mexico, my confidence in our company's assets, management, exploration potential and my belief that we are in the early stages of the next bull market for gold equities, compelled me to increase my investment in the company by $25 million. This brings my total investment in MUX to $161 million.

I'd like to start with this agenda. We'll start with our new President and Chief Operating Officer, Chris Stewart, addressing our operating performance and forecast for next year. Chris will be followed by our Senior Vice President of Exploration, Sylvain Guerard, who'll update you with the recent results from our exploration. And Sylvain, will be followed by our CFO, Andrew Elinesky, who will cover off our financial performance for the third quarter. Chris, over to you.

Chris Stewart

Thank you, Rob. Good morning, everyone. Q3 2018 was a strong operating quarter with consolidated production of 43,700 gold equivalent ounces using a 75 to 1 gold to silver ratio. Consolidated production for the nine months ended September 30, 2018 was 135,000 gold equivalent ounces, which is 48% higher than the comparable period of 2017.

El Gallo mine in Mexico, residual leaching activities continued after the final ore was mined and stacked on the heap leach from El Gallo Gold. Work progressed on the Fenix project, including the start of our feasibility study in July and ongoing environmental permitting assets. While the most recent Fenix project, PEA economics were completed at $1,250 gold and $16 silver, based on current metal prices, the project still demonstrates strong economics with an NPV of $41 million and a post-tax IRR of 22%.


https://seekingalpha.com/article/4216721-mcewen-minings-mux-…

[boersentrader02]

Hier ist ebenfalls ein Auszug aus der McEwen Mining Third Quarter 2018 Financial Conference Call

Dieses Frage und Antwortspiel möchte ich euch nicht vorenthalten welches ich mittels Google Translater-Übersetzung hier in deutscher Sprache eingestellt habe.

----------------------
Operator:
Und unsere nächste Frage kommt von Robert Silvera von R.E. Silvera Associates. Ihre Leitung ist jetzt geöffnet.

Robert Silvera:
Hi, Rob, danke für den Anruf. Wir waren Aktionäre, bevor Ihr Name geändert wurde, lange Zeit und unsere Perspektive war immer langfristig. Gold ist Ihr Hauptberuf mit Silber und so weiter. Es wird immer schwieriger, eine bedeutende Quelle zu finden, um insbesondere Standorte für Gold und Silber zu finden. Welche Strategie verfolgen Sie langfristig? Weil wir - wir sind in der Regel sehr langjährige Inhaber, die möchten, dass das Unternehmen solide bleibt. Lieben Sie Ihr Management, lieben Sie Ihren Ansatz und so weiter. Ihre Geschichte, und deshalb bin ich so viele Jahre bei Ihnen geblieben.

Es wird jedoch immer schwieriger, Gold zu finden, und es wird immer schwieriger, diese Ablagerungen zu finden. Haben Sie eine Vision für den Einstieg - weil wir Bergbau kennen, Dinge wie die Platingruppen und / oder Lithium, die eine Zukunft in Batterien und so weiter haben, um sich in diese Bereiche zu verzweigen, so dass wir eine sehr lange Zeit haben. Zukunft für das Unternehmen.

Rob McEwen:
Robert Ich bin vor vielen Jahren von der Investmentbranche in die Bergbaubranche gewechselt, und ich war der Überzeugung, dass ich eine Reihe von Prospektoren sah, die mir Immobilienpakete zeigten, und sie zeigten mir das - sie entdeckten ständig neue Lagerstätten. Meine eigene Geschichte mit Goldcorp, wir haben eine Mine genommen, die 15 Jahre lang mit Kapital verhungert war, hoch war, ein kurzes Leben hatte oder für ein kurzes Leben von drei Jahren gedacht war, die Arbeit schwierig und am Ende war eine Meile unter der Oberfläche fanden wir eine der reichsten Goldminen der Welt.

Es widersetzte sich damals viel dem geologischen Denken. Es gibt immer noch Ablagerungen, und ich denke, dass sie nicht so leicht auf Oberflächen zu finden sind wie zuvor. Einige befinden sich direkt im Schatten des Kopfrahmens einer vorhandenen Mine. Und es gibt noch weitere neue Einstellungen. Ich glaube, Sie werden mehr Barrick Gold sehen, obwohl dies vor 25, 30 Jahren der Fall war. Sie kauften direkt zwischen Homestake und Newmont im Carlin-Trend für 60 Millionen Dollar etwas, was letztendlich 40 Millionen Unzen Gold produzierte. Sie finden immer noch Einlagen nördlich von unserem Goldbarren.

Vor kurzem in Barrel Hills angesiedelt, gab Barrick kürzlich eine große Entdeckung bekannt, eine Entdeckung, die sich über 4 Meilen befand, und sie befand sich in der Nähe von Cortez Hills. Also - und sie holen sie in Afrika ab. Die Fosterville in Australien war eine sehr schwierige Mine und sie haben in der Tiefe einen hohen Grad erreicht.

Wir sind nicht gegangen - wir sind in Südafrika viel tiefer als irgendwo sonst auf der Welt mit ihren Goldminen in einer Entfernung von anderthalb Kilometern, die Sie in Timmins sind, in Red Lake, Curtin, gegangen See. Ich denke, unsere Minen könnten unserer Meinung nach in der Tiefe weitere Entdeckungen ermöglichen und wir haben einige gute Immobilien.

Wenn Sie einen Blick auf unser Kupferprojekt werfen und sich die Freiheit erlauben würden, von unseren abgeleiteten Ressourcen beide Ressourcenkategorien zu nutzen, was Sie eigentlich nicht tun sollten, wären dies etwa 30 Milliarden Pfund Kupfer Umgerechnet auf ein Goldäquivalent sind es mehr als 70 Millionen Unzen Goldäquivalent, basierend auf unseren PEA-Produktionskosten von 1,14 USD pro Pfund, die etwa 500 USD pro Unze Produktionskosten entsprechen, und einer Lebensdauer von 36 Jahren.

Robert Silvera:
Sie sehen also einen langfristigen Horizont, bis Sie Gold und Silber erfolgreich abbauen können. Und nicht was ich so oft gelesen habe, dass es so schwer zu finden ist. Ich besitze Goldcorp übrigens auch seit den Tagen, als Sie dort in Goldcorp waren. Ich meine, ich war lange Zeit bei Ihnen und als Sie Gold Corp verlassen und McEwen gegründet haben, bin ich bei Ihnen geblieben und sehr zufrieden mit dem, was Sie getan haben. Aber ich frage mich, ob Sie bereit sind, beispielsweise zu den Platin-Gruppen zu schauen und zu verzweigen, weil wir Platin und Palladium-Katalysatoren brauchen.

Rob McEwen
Ja, ein Teil meines Strebens war Gold und Gold ist Geld und es ist ein monetärer Vermögenswert, nicht so sehr ein industrieller Vermögenswert, aber als ich Gold Corp. leitete, hatten wir einige industrielle Mineralstoffbetriebe, die einen stabilen langfristigen Cashflow lieferten dieser Art von Investitionen nicht entgegenstehen

Robert Silvera
Gut und ich versuche nur, eine Perspektive zu bekommen, denn wie ich sagte, sind wir sehr langjährige Inhaber und ich glaube an das Management ziemlich stark.


Rob McEwen
Vielen Dank, schätze diesen Robert.

Robert Silvera
Vielen Dank. Und hoffentlich wird der Goldpreis eines Tages echt. Wir werden später mit dir reden.

Rob McEwen
Robert, wenn Sie einen Moment Zeit haben, den Sylvain gerade hat - er ist unser Leiter der Erkundung, wollte nur einen Kommentar abgeben.

Robert Silvera
Sicher, sicher, mach weiter.

Sylvain Guerard
Ja, danke, Robert. Es ist eigentlich eine sehr gute Frage, die Sie dort stellen. Ich möchte gerne etwas zum Explorationspotenzial hinzufügen. Wie können wir unsere Chancen oder die Wahrscheinlichkeit erhöhen, mit unserem Explorationsprogramm erfolgreich zu sein. Einer der wichtigsten Punkte ist, dass wir versuchen, unsere Explorationsbemühungen in den richtigen Regionen auf die richtigen Projekte zu konzentrieren. Aber in der richtigen Region. Derzeit investieren und konzentrieren wir uns auf die Exploration in den Hochlandregionen.

Ich spreche hier von den Regionen, in denen hunderte Millionen Unzen Gold standen. Es sind keine kleinen Regionen, sie befinden sich in kleinen Lagerstätten und diese Lagerstätten, diese 100 Millionen Unzen Gold befinden sich entlang einer sehr gut definierten Struktur, und Sie müssen die Brüche sein, an denen der [nicht erkennbare] Black Fox liegt.

In Nevada die Trends, die das kleine alle großen Carland Gold-System einschließlich der Barrick Newmont-Lagerstätte. Hier sind wir also und hier glauben wir, dass wir viel bessere Chancen haben, erfolgreich zu sein. Und hier passiert die Entdeckung bis heute. Auch wenn diese irgendwann 100 Jahre Bergbau und Erkundung waren, gibt es immer noch neue Entdeckungen und [Audio Dip].

Die Reife ist also immer noch relativ gering, weil dort immer Erfolg bleibt. Wir haben also eine strategische Position, wenn wir uns die lokale Skala anschauen und Rob erwähnte, dass sich Gold Bar direkt am Cortez-Trend befindet, direkt am Südosten der Barrick-Lagerstätte. Und wir haben die richtige Geologie, dieselbe Geologie, dieselbe Art von Mineralisierung, dieselbe Art von Ablagerungen.

Und die anderen wichtigen Dinge über Timmins, Black Fox und Gold Bar. Wir beginnen gerade vor einem Jahr mit der Erkundung dieser Grundstücke. Wir sind also im vierten Quartal 2017 ziemlich primero. Für Gold Bar war das Projekt fünf Jahre inaktiv und wir sind gerade im vierten Quartal des letzten Jahres wieder gestartet. Es ist also ein Jahr der Erkundung, und was wir als neue Ressourcen, neue Erkundungen, Bohrkreuzungen und die Entwicklung neuer Ziele generiert haben, ist äußerst positiv und gibt uns allen das Vertrauen, dass wir an den richtigen Stellen sind, um dort gute Ergebnisse zu erzielen.

Zu den guten Regionen gehören Ontario und Nevada, wenn es um Investitionen und Stabilität sowie um ein sehr geringes politisches Risiko und Sicherheitsrisiko geht. All dies, um zu sagen, dass wir uns bemüht haben, unsere Anstrengungen dort zu konzentrieren, wo es viel Gold gibt oder eine große Lagerstätte auf dem richtigen Grundstück entlang der richtigen Struktur in allen Maßstäben und basierend auf dem, was wir mit guter Ermutigung sehen, wir mit strategischem Erfolg voran kommen Explorationsinvestitionen.

Robert Silvera
Gut. Was tun Sie - vom geologischen Standpunkt aus, seit Sie das angesprochen haben, und ich liebe die Tatsache, dass Sie sich an relativ stabilen Orten befinden, wie sehen Sie Argentinien und wo wir in Bezug auf die Zukunft sind, werfen sie ständig Steuern in sich ihre monetäre Situation und so weiter. Wie sehen Sie diesen Bereich?

Rob McEwen
Das ist eine gute Frage. Der Bergbau hat keine lange Geschichte. Aber es hat eine lange Geschichte bevölkerungsreicher Regierungen, sowohl in Bezug auf die Beziehung. Und so sehen wir es uns an. Sie sagten, dass die Steuer, die sie auf die Exporte erhoben haben, bis 2020 dort sein wird. Und ich denke, sie sind jetzt verzweifelt nach eine…https://seekingalpha.com/article/4216721-mcewen-minings-mux-…

[boersentrader02]

Hier ist die dazugehötohr Präsentation zu der McEwen Mining Third Quarter 2018

nur für euch


https://s21.q4cdn.com/390685383/files/doc_presentations/mcew…

[boersentrader02]

Antwort auf Beitrag Nr.: 59.115.527 von boersentrader02 am 01.11.18 16:24:15

35,5,Mill $ haben sie in ihre laufenden Projekte investiert und das werden sie erst in den

nächsten 1 oder 2 Jahren wieder durch entsprechende Kosteneinsparung wieder zurück holen.

Es ist also nur im Moment eine zusätzliche Ausgabe die in der Zukunft wieder als Erträge zurück fließen werden.

Wenn es dann so kommt. Denn explorieren müssen sie ja eigentlich immer, nur dadurch können sie eben immer weiter Edelmetalle fördern.




McEwen Mining Reports Q3 2018 Results
October 30, 2018
Download this Press Release PDF Format (opens in new window)

TORONTO, Oct. 30, 2018 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) today reported third quarter results for the period ended Sept. 30, 2018 (“Q3”). During Q3, gold equivalent ounces (GEOs) produced increased by 51% and all-in sustaining costs per GEO sold decreased by 3% compared to Q3 2017.

Net cash flow from the business excluding project development costs was $2.2 million or $0.01 per share. Total expenditure of $35.5 million was incurred to further our long-term production growth plans at the Gold Bar, Black Fox, Fenix and Los Azules projects.

Our consolidated net loss for Q3 was $13.3 million or $0.04 per share.

During the first nine months of 2018, GEOs produced increased by 48% and all-in sustaining costs per GEO sold was unchanged compared to the same period in 2017. Net cash flow from the business excluding project development costs was $20.8 million or $0.06 per share. Total expenditure of $84.5 million was incurred to further our long-term production growth plans at the Gold Bar, Black Fox, Fenix and Los Azules projects.

Our consolidated net loss for the first nine months of 2018 was $23.9 million or $0.07 per share.

Please join our conference call on Wednesday, Oct. 31st, 2018 at 11 am EDT. Call Toll Free (USA & Canada):
1 [phone], Conference ID Number: 1787027. Further details are provided below.

The table below provides comparative production and cost results for the third quarter and year-to-date (YTD) ended Sept. 30, 2018 and 2017.

Production and Costs (US$)


Die entsprechenden Zahlen findet ihr unter diesem Link:

https://www.mcewenmining.com/investor-relations/press-releas…

[newzealaender]

Neues Interview mit Rob McEwen: http://www.commodity-tv.net/c/mid,39130,Precious_und_Battery…

[boersentrader02]

Mc Ewen Mining meldet jetzt, dass dieFörderung von Edelmetallen, in diesem Fall hauptsächlich Gold

im 1. Quartal 2019 beginnt.
Vorgesehen ist die Förderung von ca. 62k Unzen Gold bei einemKostenaufwand von 770 US$. Der all-in sustaining costs Aufwand beträgt dann auch nur $843 per oz.

Das ist schon mal etwas. Die Mine soll mindestens 6 Jahre bei gleicher Förderquote laufen und nach 3 Jahren hat sie sich dann rentiert und die Kosten für die Erstellung der Mine wieder eingebracht.

Da ja auch noch weitere Explorationsbohrungen auf dem gesamten Projekt, immerhin sind noch 2 weitere Projekte in Augenschein genommen worden, vorgesehen ist natürlich auch noch eine Verlängerung der gesamten Förderzeit zu erwarten. Allerdings muss dies natürlich auch mit einem Fragezeichen versehen werden.

Freuen wir uns jetzt erst einmal auf die weitere Fördeung von 62k Unzen Gold im nächsten Quartal.



McEwen’s Gold Bar mine on track for commercial production in Q1 2019


McEwan Gold bar project, Image from McEwan Mining

n a letter to shareholders, McEwen Mining (TSX: MUX; NYSE: MUX) updated its progress at the Gold Bar project in central Nevada and confirmed commercial production is expected to begin in the first quarter of next year.

The company completed the heap leach pad and installed crushing, conveying and agglomeration systems this month. For the rest of the year, its focus will be on finishing the process plant, which is 70% complete, commissioning, and starting to load the heap leach pad.

The mine is expected to produce an average of 62,000 ounces of gold a year over a seven-year mine life at cash costs of $770 per oz. and all-in sustaining costs of $843 per oz.

A feasibility study in February estimated capex of $81 million, and a payback of three years based on a gold price of $1,250 per oz. The study forecast a post-tax internal rate of return of 23% and an after-tax net present value at a 5% discount rate of $54 million.

McEwen Mining is drilling to target additional oxide mineralization to extend the mine life and to explore for deeper Carlin-type gold.

In September, the company outlined a new phase of exploration drilling at three targets on its land package: Cabin Creek, ML, and Gold Bar South.

Cabin Creek lies along an anticline cut by a large fault zone and is one of many targets along the anticline, which extends for more than 8 km across the Gold Bar property.
ML, about 1.2 km southeast of Cabin Creek, is a new and untested, shallow, oxide gold target area, and Gold Bar South, formerly known as Afgan, is about 5.7 km southeast of Cabin Creek.

Gold Bar is situated within Nevada’s Battle Mountain-Eureka-Cortez gold trend.

Waterton Global’s Ruby Hill mine is about 40 km to the southeast.

http://www.mining.com/mcewens-gold-bar-mine-track-commercial…

[boersentrader02]

Ich stelle hier einfach einmal für alle den 6-monatigen HUI al Info ein.

Jetzt kann man diesen zumindest leichter in der nächsten Zeit, zumindest bis das Gold wieder die richtige Richtung eingeschlagen hat, verfolgen.


HUI - AMEX Gold Bugs Index Charts

[boersentrader02]

Antwort auf Beitrag Nr.: 59.245.087 von boersentrader02 am 18.11.18 23:38:38

Den dazu gehörigen Link stelle ich ebenfalls ein. Allerdings zeigt dieser hier nur den Verlauf

bis zum 31.August 2018 an.

Wer einen besseren Hui-Tagesverlauf hat, sollte ihn einfach einmal hier einstellen.


http://www.infomine.com/investment/stock-markets/indexes/hui…

[boersentrader02]

McEwen Mining ist jetzt auch an der Wiener Börse vertreten.

Vorwärts in die goldene Vergangenheit

http://thekroisosnewsleaf.com/de/wp-content/uploads/sites/2/…

Treffen mit Rob McEwen – 25 Jahre früher

„Kannst Du Dich noch erinnern“, schüttle ich Rob McEwen im Hotel Park Hyatt in Zürich fragend die Hand. Der Gründer, Großaktionär und „Chief Owner“ von McEwen Mining mit Sitz in Toronto überlegt kurz und sagt dann lächelnd: „Ja, ich kenne zumindest dieses Gesicht.“ Die kanadische Goldmarkt-Legende zeigt ein gutes Erinnerungsvermögen.

Und auch die für Öffentlichkeitsarbeit bei McEwenMining zuständige Expertin Christina McCarthy (eine ausgebildete Geologin, die Direktorin für „Corporate Development“ ist) bejaht das auch von ihrer Seite und nennt dann mit Denver und Beaver Creek zwei US-Orte, in denen wir uns auf Minenkonferenzen in den vergangenen Jahren flüchtig begegnet waren.

McEwen Mining Inc. – New York Stock Exchange

http://thekroisosnewsleaf.com/de/wp-content/uploads/sites/2/…

Als ich Rob McEwen dann sage, dass unser erstes direktes Treffen – im Rahmen eines in Frankfurt am Main geführten Exklusiv-Interviews – immerhin fast 25 Jahre zurückliegt, schmunzelt er verschmitzt. „Wie die Zeit vergeht“, sagt der inzwischen 68jährige, der seinerzeit im Jahr 1994 als Gründer, Großaktionär und CEO von Goldcorp Inc. weltweit mit einigen innovativen Ideen von sich reden gemacht hatte. Inzwischen ist Rob McEwen in Kanadas Finanzwelt, in der Minenbranche global und vor allem bei jenen, die sich mit Gold und Edelmetallen beschäftigen, eine wahre Legende.

Er hat dann seine Beteiligung an Goldcorp nach einer ausgesprochen erfolgreichen Entwicklung einige Jahre später veräußert und ist dabei finanziell mit Sicherheit nicht schlecht gefahren. „Ich habe mir damals gesagt, dass ich dieses erfolgreiche Geschäftsmodell sicherlich wiederholen kann, habe mir an der Börse einen Firmenmantel beschafft und dann in McEwen Mining umbenannt.

Daraus ist dann letztlich das geworden, was die Welt heute kennt“, spricht er ruhig und gelassen von einem Teil seines Lebensweges. Überheblichkeit ist ihm dabei nicht anzumerken. Der Erfolg hat McEwen recht gegeben. Heute ist er „die“ Größe in der kanadischen Minenwelt, die auf sehr viel Anerkennung trifft und weltweit eine Menge Respekt erfährt. Inzwischen gilt er nicht nur als einer der erfolgreichsten kanadischen Firmengründer, sondern auch als Vorbild und zwar sowohl in beruflicher als auch in sozialer Hinsicht. Robert McEwen ist eine Legende.

Denn er ist mit seiner ruhigen und bescheidenen Art und seinen stark ziel- orientierten Management-Methoden einen ganz besonderen Weg gegangen. In Vancouver, Toronto und vor allem auch in New York loben sie ihn in den höchsten Tönen, wenn es um das Thema „Gold als Investment“ geht. Viele Kollegen loben auf der einen Seite seine Bescheidenheit und Demut, verweisen auf der anderen Seiten aber auch kritisch darauf, dass die geübte Praxis bei den Konkurrenten in der Branche meist anders aussieht.

Nein – Rob McEwen ist nicht bei allen Managern der Minenbranche gleichermaßen beliebt. Die Gründe sind offensichtlich; denn er hat den oftmals viel zu egoistischen und gierigen Vertretern der Zunft in den vergangenen Jahren einen Spiegel vorgehalten.

Mit einem einzigen Satz bestätigt er seinen besonderen Umgang mit den Herausforderungen als Unternehmensgründer und -lenker. „Ich habe mir im vergangenen Jahr zum ersten Mal ein Gehalt als CEO von McEwen Ming ausgezahlt – nämlich den Betrag von einem einzigen Dollar.“

Andere CEO von Goldfirmen haben sich in den vergangenen acht Jahren Statistiken zufolge Gehälter und Kompensationen zwischen 20 und 100 Mio. $ ausgezahlt, sind dabei auf der anderen Seite allerdings weniger erfolgreich gewesen. Bei den Aktienkursen dieser Firmen kam es (mit Ausnahme von Randgold) im gleichen Zeitraum zu Kurseinbrüchen zwischen 30 % und über 90 %.

Während sich andere (meist weit weniger erfolgreiche) Minen-Top-Manager also mit Gratisaktien, Warrants und/oder Optionen belohnen, verzichtet McEwen darauf. „Ich sehe mich in Augenhöhe mit unseren Aktionären, sehe mich also als einer von ihnen“, erklärt er, dem immerhin 24 % des Aktienkapitals der seinen Namen tragenden kanadischen Goldminenfirma gehören. Das Kapital-Engagement anderer Minen-CEO sieht wesentlich weniger engagiert aus.


http://thekroisosnewsleaf.com/de/2018/11/17/vorwarts-in-die-…

[boersentrader02]

https://www.wienerborse.at/marktdaten/aktien-sonstige/orderb…

Seit dem 12.11.2018 ist McEwen Mining an derr Wiener Börse präsent und kann auch dort gehanselt werden.


Übrigens der zuvor eingestellte Bericht wurde in Zürich vo dem Herrn Udo Rettberg — Publizist / Journalist geführt.

[meichel]

https://www.nzz.ch/finanzen/goldmarkt-bob-mcewan-zum-desinte…

[meichel]

https://www.nzz.ch/finanzen/goldmarkt-bob-mcewan-zum-desinte…" target="_blank" rel="nofollow ugc noopener">[https://www.nzz.ch/finanzen/goldmarkt-bob-mcewan-zum-desinte…

[bigyawn]

McEwen arranges $15M (U.S.) offering for exploration

2018-12-05 19:40 ET - News Release

Mr. Rob McEwen reports
MCEWEN MINING ANNOUNCES 2019 TIMMINS EXPLORATION STRATEGY AND FUNDING
McEwen Mining Inc. will make a strategic financing to continue its successful continuing exploration program at its properties in the Timmins region of Ontario.
"We are issuing 2% of our currently outstanding shares to raise $15,000,000 at $2.26 per share (Cdn$3.02) to fund our 2019 exploration program on our Timmins properties. We want to build on the exploration success of this year's effort, where we increased our resources and generated a number of exciting exploration targets. These properties are located along a prolific geological trend in one of the world's great gold districts," said Rob McEwen, Chairman and Chief Owner.
The financing consists of a US$15,000,000 (Cdn$20,034,680) bought deal private placement offering (the "Offering") of 6,634,000 flow-through common shares (within the meaning of subsection 66(15) of the Income Tax Act (Canada)) priced at US$2.26 (Cdn$3.02) per flow-through common share (the "Offering Price") led by Cantor Fitzgerald Canada Corporation as sole bookrunner. The Offering Price represents a premium of 26% over the closing price of McEwen common shares on the TSX as of December 5, 2018. The Offering is expected to close on or before December 21, 2018 (the "Closing") and is subject to customary closing conditions, including approval from the TSX and NYSE.
The proceeds of this Offering will be used exclusively for generative exploration activities on McEwen's properties in the Timmins region.
About McEwen Mining
McEwen has the goal to qualify for inclusion in the S&P 500 Index by creating a profitable gold and silver producer focused in the Americas. McEwen's principal assets consist of: the San Jose mine in Santa Cruz, Argentina (49% interest); the Black Fox mine in Timmins, Canada; the Fenix Project in Mexico; the Gold Bar mine in Nevada, currently under construction; and the large Los Azules copper project in Argentina, advancing towards development.
McEwen has a total of 337 million shares outstanding. Rob McEwen, Chairman and Chief Owner, owns 24% of the shares. Subsequent to the closing of the Offering the shares outstanding will increase to 344 million.
We seek Safe Harbor.
© 2018 Canjex Publishing Ltd. All rights reserved.

[Ramses21]

Antwort auf Beitrag Nr.: 59.377.352 von bigyawn am 06.12.18 11:27:34

Auch der Aufschlag hilft dem Kurs nicht. Ebenso wenig wie der aktuelle Goldpreis.

[Global-Player83]

Jetzt müssen die Aktionäre schon für die Exploration bezahlen?

[boersentrader02]

Rob sorgt schon einmal vor wenn das Gold endlich zum Laufen kommt. Dann brauch er

nicht erst das ganze Gremium einberufen um auf eine Erhöhung des Aktien-Kapitals entscheiden zu lassen, das hat er schon mal im Sack.

Um so schneller kann er auf dem Markt wieder zuschlagen und unser Geld wieder in die Luserspur zu bringen.



45,000,000 SHARES OF COMMON STOCK


This prospectus relates to 45,000,000 shares of common stock that may be offered and issued from time to time in connection with acquisitions of businesses, assets, properties or securities.


The amount and type of consideration we will offer and the other specific terms of each acquisition will be determined by negotiations with the owners or controlling persons of the businesses, assets, properties or securities to be acquired. We may structure business acquisitions in a variety of ways, including acquiring stock, other equity interests or assets or properties of the acquired business or merging the acquired business with us or one of our subsidiaries. The consideration for any business acquisitions may consist of shares of our common stock or a combination of common stock, cash, notes, assumption of liabilities or other consideration.

Unless otherwise indicated in any prospectus supplement, we do not expect to receive any cash proceeds from the sale of shares of common stock issued pursuant to this prospectus. We may be required to provide further information by means of a post-effective amendment to the registration statement or a supplement to this prospectus once we know the actual information concerning a specific acquisition.


https://www.sec.gov/Archives/edgar/data/314203/000104746918…

[Yoga_Maus]

Schlimm, wie McEwen Mining in 2018 underperformte! Was wird da erst passieren, wenn der Goldpreis wieder absackt? Dann sehe ich McEwen Mining schnell als einen Pennystock!

[iwanowski]

Auch hier nur Müll von dem Müllmäusezahn.....

Na MOD....ist das auch Fäkalsprache??

[bigyawn]

McEwen Mining produces 175,561 oz AuEq in 2018

2019-01-15 06:46 ET - News Release

Mr. Rob McEwen reports
MCEWEN MINING REPORTS 2018 FULL YEAR AND Q4 PRODUCTION RESULTS
McEwen Mining Inc.'s annual consolidated production in 2018 was 135,124 gold ounces and 3,032,727 silver ounces, or 175,561 gold equivalent ounces.

CONSOLIDATED PRODUCTION SUMMARY

Q4 Full year Full-year
2017 2018 2017 2018 2018 guidance

Gold (oz) 48,609 29,291 109,947 135,124 128,000
Silver (oz) 926,739 819,473 3,178,742 3,032,727 3,225,000
GEOs (1) 60,965 40,217 152,329 175,561 171,000

(1) Using a 75:1 gold:silver ratio.


2018 production
Black Fox mine, Timmins, Canada (100 per cent) -- gold
Black Fox produced 48,848 gold equivalent ounces in 2018, in line with the company's full-year production guidance of 48,000 AuEq ounces. Fourth quarter production from Black Fox was 11,097 AuEq ounces. To continue to build on the success of the 2018 exploration program at the Black Fox and Stock properties, a $15-million flow-through share financing was completed in the fourth quarter to finance exploration in 2019.
San Jose mine, Argentina (49 per cent) -- silver and gold
San Jose produced 47,331 gold ounces and 3,020,696 silver ounces, for a total of 87,607 AuEq ounces attributable to the company in 2018, below the company's full-year guidance of 91,000 AuEq ounces. The company's attributable production in the fourth quarter was 12,602 gold ounces and 816,374 silver ounces, for a total of 23,487 AuEq ounces.
El Gallo project, Mexico (100 per cent) -- gold
El Gallo produced 39,106 AuEq ounces in 2018, exceeding the company's full-year production guidance of 32,000 AuEq ounces. By the end of the second quarter of 2018, mining and crushing activities at El Gallo ceased and were followed by residual heap leaching, which resulted in production of 5,633 AuEq ounces in the fourth quarter. Closure, reclamation and residual heap leaching activities are continuing and will continue for several years.
Development
Gold Bar mine, Nevada, USA (100 per cent) -- gold
Construction at Gold Bar is near completion and on schedule for inaugural gold production in the first quarter of 2019. Activities at Gold Bar in the fourth quarter focused on commissioning utilities and ore delivery systems, and mechanical completion of the gold processing plant. Site buildings and infrastructure are complete and occupied. Mining, crushing, loading of the heap leach pad and parts of the processing plant are active. Remaining activities include electrical work and instrumentation installation in the gold processing plant, and commissioning of the gold refinery circuit.
Fenix, Mexico (100 per cent) -- silver and gold
Work on the Fenix project, which is evaluating the potential construction of a new mine and mill at El Gallo, is continuing. During the first half of 2019 the company expects to complete the feasibility study, and receive regulatory approval for a permit amendment to allow for in-pit tailings storage, which is a key feature of the proposed project implementation.
Financial results
Operating costs for the quarter ended Dec. 31, 2018, will be released with the company's 10-K annual financial statements in late February, 2019.
About McEwen Mining Inc.
McEwen has the goal to qualify for inclusion in the S&P 500 Index by creating a profitable gold and silver producer focused in the Americas. McEwen's principal assets consist of the San Jose mine in Santa Cruz, Argentina (49-per-cent interest); the Black Fox mine in Timmins, Canada; the Fenix project in Mexico; the Gold Bar mine in Nevada, currently under construction; and the large Los Azules copper project in Argentina, advancing toward development.
Technical information
The technical contents of this news release has been reviewed and approved by Chris Stewart, PEng, president and chief operating officer of McEwen Mining and a qualified person as defined by Canadian Securities Administrators' National Instrument 43-101 Standards of Disclosure for Mineral Projects.
We seek Safe Harbor.
© 2019 Canjex Publishing Ltd. All rights reserved.

[boersentrader02]

Brian ist unheimlich bullish für die Aktie McEwen und sieht für die nahe Zukunft . . .

. . . . neue Höchststände in diesem Wert.

Wir brauchen ja nur abzuwarten was sich in nächster Zeit so tuen wird.

Ist doch klar ich hoffe das er recht hat und das auch behält


McEwen Mining: Upside And The Precious Metals Mining Sector
Jan. 30, 2019 9:25 AM ET|
Includes: NESRF

Brian Fletcher
Gold & precious metals, hedge fund manager, research analyst, value
Time Price Analysis


Summary

There are many miners to choose from, but forming a portfolio comprised of miners with the strongest fundamentals affords the most upside.

McEwen Mining, Inc., CEO Rob McEwen is a known quantity who has plenty of his own skin in the game, and who only benefits when MUX shares perform.

MUX offers two scenarios - Bullish and Very Bullish, both sharing the same entry price level.

Prepare your portfolio list now, and have a plan on how you intend to take advantage of this sector opportunity.

It's not often you can enter a long position in a stock where the bullish upside overlaps what could also be VERY BULLISH upside, but this is exactly what is happening in the miners sector. There is no lack of miners for investors to choose from worldwide, but as I've discussed many times, the sector members vary widely in the disparities relating to their respective fundamentals. We have completed a thorough fundamental analysis of the candidates and narrowed our buy list down to 20 of the VERY BEST miners, and are focusing on these for our subscribers and investors.

One miner on our short list is McEwen Mining, Inc. (NYSE:MUX). The intent of this summary is to look at price targets, not fundamentals for MUX, but no mention of McEwen Mining can hardly be made without mention of its namesake, Rob McEwen. In the 1990's Mr. McEwen consolidated 8 companies to form Goldcorp (NYSE:GG), then grew this company to over an $8B market cap company, and of course it is now merging with Newmont Mining Corporation (NYSE:NEM) to become one of the largest gold producers in the world.

Presently, Mr. McEwen owns 23% of MUX, having invested $161M of his own capital, has a salary of $1.00 per year, and accepts no bonus or company options.

Suffice to say, anyone who thinks that management or fundamentals don't matter may want to reconsider this notion.

In previous articles I discussed how the precious metals mining sector is setting up for an enormous push up, with our expectations that a low will be established late spring to early summer, 2019. In my most recent article I showed our expectations for the HUI Gold BUGS Index, whereby we are expecting another low in one of two paths.

Following this low, we are expecting either a C-wave, similar in size or slightly larger than the A-wave that occurred in 2016, or alternatively a very robust 3rd wave that would take out the 2011 high in the complex. While we are expecting another low in the entire metals and miner's complex, we'll be watching the smaller time frame patterns closely on the next pullback to substantiate this thesis vs. the possibility of a retracement against the most recent rise off the September, 2018 low.

https://static.seekingalpha.com/uploads/2019/1/29/43898886-1…" target="_blank" rel="nofollow ugc noopener">https://static.seekingalpha.com/uploads/2019/1/29/43898886-1…



Many of the miners in our Strategic Miners Portfolio support our larger picture perspective, including the Elliott Wave count for MUX. Like the HUI Gold BUGS Index, MUX provides two upside potentials, as I'll describe in more detail below.

MUX initially rallied from its October 2000 low of $.10 per share forming a large impulsive move up in October 2006 to $10.31, for a 103 fold increase, for what we are viewing as an (A) wave, where the extremes exhibited in price fluctuations off the 2006 peak are forming a multi-year triangle. Triangles are virtually only seen as part of a B-wave or 4th wave, this clearly being the former. Triangles are comprised of a series of 3 wave moves (A) (B) (C) vs. impulsive 5 wave moves, forming what is typically 5 price points at their respective peaks and valleys before breaking out of the triangle. MUX is adhering in picture perfect fashion to the formation of a very large triangle.

Presently, MUX is completing either all of the E-wave (Very Bullish), or is completing only the (B) of the D-wave of the triangle (Bullish). See chart patterns for both counts below. In the case of the bullish count, as shown on the chart below (Bullish Count), an entry into MUX in the $1.00 - $1.45 region would fetch a move up to the $7.88 - $8.95 region, for a 5 - 8 fold increase if share price. Not bad!


https://static.seekingalpha.com/uploads/2019/1/29/43898886-1…

https://seekingalpha.com/article/4236617-mcewen-mining-upsid…" target="_blank" rel="nofollow ugc noopener">https://seekingalpha.com/article/4236617-mcewen-mining-upsid…

[Onlyaguy]

Danke fürs träumen.. das wären ja mal super Aussichten.. bei dem aktuellen Goldpreisanstieg und dem nicht mitgehen der Minenaktien, braucht man viel Optimismus um daran zu glauben..

[Ramses21]

Bei McEwen ist doch was faul. Gold steigt und die Aktie kennt nur eine Richtung.

[Ramses21]

Leider nicht in die gewünschte Richtung.

[bigyawn]

ORIGINAL: McEwen Mining Provides Update on Gold Bar Mine Start-Up

2019-02-05 06:00 ET - News Release

TORONTO, Feb. 05, 2019 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to report that construction of the Gold Bar Mine in Nevada’s prolific Battle Mountain-Cortez Trend is nearing completion, just 14 months after breaking ground in November 2017. The Mine is on schedule for inaugural gold production in late February 2019. Commercial production will follow when the Mine’s systems reach a steady state, which is expected by the end of Q1. The project is tracking on our original capital cost estimate of $81.4 million.
150,000 tons of ore have been placed on the heap leach pad since starting in December 2018. A few weeks ago leaching was initiated and gold is being dissolved by the cyanide solution at the desired rate. We estimate that the Gold Bar Mine will produce 55,000 ounces (oz) gold in 2019 at an all-in cost of approximately US$975 per ounce.
December and January were challenging months on site with heavy snow and cold temperatures delaying some work. Remaining activities to complete the process plant include electrical work, instrumentation installation, and commissioning of the gold refinery circuit. We would like to thank all our employees and subcontractors for their dedication to the job at hand whatever the conditions.
2018 exploration drilling has extended the estimated mine life to 7.4 years. The future addition of the Gold Bar South resource to the mine plan should further extend the mine life by a minimum of one year. Our 2019 exploration budget on the Gold Bar property is $4.4 million. Exploration drilling will target both near surface and deep Carlin-type mineralization.
For a 360° Virtual Tour of the Gold Bar Mine click here: http://mcewenmining.com/files/output-1/index.html
For current photos of the Mine’s facilities in use click here: https://mcewenmining.com/files/doc_news/archive/20190200_gol…
About McEwen Mining
McEwen has the goal to qualify for inclusion in the S&P 500 Index by creating a profitable gold and silver producer focused in the Americas. McEwen's principal assets consist of: the San José mine in Santa Cruz, Argentina (49% interest); the Black Fox mine in Timmins, Canada; the Fenix Project in Mexico; the Gold Bar mine in Nevada, currently under construction; and the large Los Azules copper project in Argentina, advancing towards development.
McEwen has approximately 345 million shares outstanding. Rob McEwen, Chairman and Chief Owner, owns roughly 23% of the shares.
TECHNICAL INFORMATION
The technical contents of this news release has been reviewed and approved by Chris Stewart, P.Eng., President & COO of McEwen Mining and a Qualified Person as defined by Canadian Securities Administrators National Instrument 43-101 "Standards of Disclosure for Mineral Projects".
CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
This news release contains certain forward-looking statements and information, including "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements and information expressed, as at the date of this news release, the Company estimates, forecasts, projections, expectations or beliefs as to future events and results, and statements regarding exploration results and exploration plans. Forward-looking statements and information are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, risks and contingencies, and there can be no assurance that such statements and information will prove to be accurate. Therefore, actual results and future events could differ materially from those anticipated in such statements and information. Risks and uncertainties that could cause results or future events to differ materially from current expectations expressed or implied by the forward-looking statements and information include, but are not limited to, factors associated with fluctuations in the market price of precious metals, mining industry risks, political, economic, social and security risks associated with foreign operations, the ability of the corporation to receive or receive in a timely manner permits or other approvals required in connection with operations, risks related to fluctuations in mine production rates, risks associated with the construction of mining operations and commencement of production and the projected costs thereof, risks related to litigation, the state of the capital markets, environmental risks and hazards, uncertainty as to calculation of mineral resources and reserves, significant variations from estimates, and other risks. The Company's dividend policy will be reviewed periodically by the Board of Directors and is subject to change based on certain factors such as the capital needs of the Company and its future operating results. Readers should not place undue reliance on forward-looking statements or information included herein, which speak only as of the date hereof. The Company undertakes no obligation to reissue or update forward-looking statements or information as a result of new information or events after the date hereof except as may be required by law. See McEwen Mining's Annual Report on Form 10-K for the fiscal year ended December 31, 2017 and other filings with the Securities and Exchange Commission, under the caption "Risk Factors", for additional information on risks, uncertainties and other factors relating to the forward-looking statements and information regarding the Company. All forward-looking statements and information made in this news release are qualified by this cautionary statement.
The NYSE and TSX have not reviewed and do not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management of McEwen Mining Inc.
CONTACT INFORMATION:

Christina McCarthy
Investor Relations
(647)-258-0395 ext 390
[e-mail]
Website: www.mcewenmining.com

Facebook: facebook.com/mcewenrob

Twitter: twitter.com/mcewenmining

Instagram: instagram.com/mcewenmining
150 King Street West
Suite 2800, P.O. Box 24
Toronto, ON, Canada
M5H 1J9
[phone]


© 2019 Canjex Publishing Ltd. All rights reserved.

[bigyawn]

ORIGINAL: McEwen Mining Provides Update on Gold Bar Mine Start-Up

2019-02-05 06:00 ET - News Release

TORONTO, Feb. 05, 2019 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to report that construction of the Gold Bar Mine in Nevada’s prolific Battle Mountain-Cortez Trend is nearing completion, just 14 months after breaking ground in November 2017. The Mine is on schedule for inaugural gold production in late February 2019. Commercial production will follow when the Mine’s systems reach a steady state, which is expected by the end of Q1. The project is tracking on our original capital cost estimate of $81.4 million.
150,000 tons of ore have been placed on the heap leach pad since starting in December 2018. A few weeks ago leaching was initiated and gold is being dissolved by the cyanide solution at the desired rate. We estimate that the Gold Bar Mine will produce 55,000 ounces (oz) gold in 2019 at an all-in cost of approximately US$975 per ounce.
December and January were challenging months on site with heavy snow and cold temperatures delaying some work. Remaining activities to complete the process plant include electrical work, instrumentation installation, and commissioning of the gold refinery circuit. We would like to thank all our employees and subcontractors for their dedication to the job at hand whatever the conditions.
2018 exploration drilling has extended the estimated mine life to 7.4 years. The future addition of the Gold Bar South resource to the mine plan should further extend the mine life by a minimum of one year. Our 2019 exploration budget on the Gold Bar property is $4.4 million. Exploration drilling will target both near surface and deep Carlin-type mineralization.
For a 360° Virtual Tour of the Gold Bar Mine click here: http://mcewenmining.com/files/output-1/index.html
For current photos of the Mine’s facilities in use click here: https://mcewenmining.com/files/doc_news/archive/20190200_gol…
About McEwen Mining
McEwen has the goal to qualify for inclusion in the S&P 500 Index by creating a profitable gold and silver producer focused in the Americas. McEwen's principal assets consist of: the San José mine in Santa Cruz, Argentina (49% interest); the Black Fox mine in Timmins, Canada; the Fenix Project in Mexico; the Gold Bar mine in Nevada, currently under construction; and the large Los Azules copper project in Argentina, advancing towards development.
McEwen has approximately 345 million shares outstanding. Rob McEwen, Chairman and Chief Owner, owns roughly 23% of the shares.
TECHNICAL INFORMATION
The technical contents of this news release has been reviewed and approved by Chris Stewart, P.Eng., President & COO of McEwen Mining and a Qualified Person as defined by Canadian Securities Administrators National Instrument 43-101 "Standards of Disclosure for Mineral Projects".
CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
This news release contains certain forward-looking statements and information, including "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements and information expressed, as at the date of this news release, the Company estimates, forecasts, projections, expectations or beliefs as to future events and results, and statements regarding exploration results and exploration plans. Forward-looking statements and information are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, risks and contingencies, and there can be no assurance that such statements and information will prove to be accurate. Therefore, actual results and future events could differ materially from those anticipated in such statements and information. Risks and uncertainties that could cause results or future events to differ materially from current expectations expressed or implied by the forward-looking statements and information include, but are not limited to, factors associated with fluctuations in the market price of precious metals, mining industry risks, political, economic, social and security risks associated with foreign operations, the ability of the corporation to receive or receive in a timely manner permits or other approvals required in connection with operations, risks related to fluctuations in mine production rates, risks associated with the construction of mining operations and commencement of production and the projected costs thereof, risks related to litigation, the state of the capital markets, environmental risks and hazards, uncertainty as to calculation of mineral resources and reserves, significant variations from estimates, and other risks. The Company's dividend policy will be reviewed periodically by the Board of Directors and is subject to change based on certain factors such as the capital needs of the Company and its future operating results. Readers should not place undue reliance on forward-looking statements or information included herein, which speak only as of the date hereof. The Company undertakes no obligation to reissue or update forward-looking statements or information as a result of new information or events after the date hereof except as may be required by law. See McEwen Mining's Annual Report on Form 10-K for the fiscal year ended December 31, 2017 and other filings with the Securities and Exchange Commission, under the caption "Risk Factors", for additional information on risks, uncertainties and other factors relating to the forward-looking statements and information regarding the Company. All forward-looking statements and information made in this news release are qualified by this cautionary statement.
The NYSE and TSX have not reviewed and do not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management of McEwen Mining Inc.
CONTACT INFORMATION:

Christina McCarthy
Investor Relations
(647)-258-0395 ext 390
[e-mail]
Website: www.mcewenmining.com

Facebook: facebook.com/mcewenrob

Twitter: twitter.com/mcewenmining

Instagram: instagram.com/mcewenmining
150 King Street West
Suite 2800, P.O. Box 24
Toronto, ON, Canada
M5H 1J9
[phone]


© 2019 Canjex Publishing Ltd. All rights reserved.

[TommyX11]

Liest sich erstmal ok, Zeitplan und Budget konnte gehalten werden und noch im Februar soll der erste Barren gegossen sein, mal sehen wie dann der Rampup läuft.

[boersentrader02]

Jetzt arbeiten auch die IWF-Ökonomen daran, dass das Bargeld abgeschafft werden soll.

Sie wollen uns alle, ja alle Welt-Bürger um einige Prozente enteignen wenn es denn sein muß.

Und dann kann sich keiner mehr dagegen wehren. So weit darf es nicht kommen.


IWF-SCHOCKMELDUNG: wird jetzt die Enteignung forciert?

Einen interessanten und bestens auf den Punkt gebrachten Beitrag habe ich heute auf godmode-trader.de gelesen. Es handelt sich um einen „cleveren“ Vorschlag der IWF-Ökonomen, die sich offensichtlich für ihre bevölkerungsfeindlichen und schrägen Ideen von der Finanz-Mafia gut bezahlen lassen und keinesfalls besser als die Zentral-BANKSTER und Politiker erscheinen.

Jetzt zu den kranken Ideen der IWF-“Ökonomen“: Wir alle kennen bereits das große Ziel der Zentralbanken, dass Bargeld abgeschafft werden soll und somit die totale Kontrolle über die Bevölkerung erzielt werden soll. Noch immer scheint es noch nicht der richtige Zeitpunkt für Bargeld-Verbot zu sein.

Deshalb – und jetzt halten Sie sich fest, liebe Leser – ist die Idee Bargeld vom „E-Geld“ zu spalten. Bei einer möglichen Forcierung der Negativzinsen, welches für einige „Strategen“ der letzte Ausweg aus einer bevorstehenden Rezession sein könnte, soll dann das Bargeld gegenüber „E-Geld“ im selben Verhältnis zu den Negativzinsen abgewertet werden.



Der www.swissinvestor.de Anlageausschuss schüttelt nur noch mit dem Kopf

[Ramses21]

Antwort auf Beitrag Nr.: 59.802.471 von TommyX11 am 06.02.19 10:01:30

Liest sich hanz ok, aber der kurs springt nicht an und das schon auf Jahre.

[Jimmycrasso]

Antwort auf Beitrag Nr.: 59.847.202 von Ramses21 am 11.02.19 22:07:00

Vielleicht bekommt McEwen Mininig Unterstützung von einem weiter steigendem Goldpreis ,und schafft die 2 € marke zu knacken .Gabs ja schon mal in der Vergangenheit.
Vom Chart her find ich siehts nicht mal so schlecht aus. Finde da ist jede Menge Aufwärtspotenzial da.

[bigyawn]

McEwen to hold 2018 conference call Feb. 21

2019-02-19 18:16 ET - News Release

Mr. Rob McEwen reports
MCEWEN MINING Q4 AND YEAR-END 2018 RESULTS CONFERENCE CALL
McEwen Mining Inc. invites you to join its conference call following the release of its fourth-quarter and full-year 2018 financial results on Thursday, Feb. 21, 2019, at 11 a.m. EST. Questions can be asked directly by participants over the telephone or can be e-mailed in advance to [e-mail].
Thursday, Feb. 21, at 11 a.m. EST

Toll-free United States and Canada: 1-844-630-9911
Outside U.S. and Canada: 1-210-229-8828
Conference ID No.: 3366294

An archived replay of the webcast will be available for one week after it takes place. Access the replay by calling 855-859-2056 (North America) or 404-537-3406 (international), conference ID No. 3366294.
About McEwen Mining Inc.
McEwen has the goal to qualify for inclusion in the S&P 500 Index by creating a profitable gold and silver producer focused in the Americas. McEwen's principal assets consist of the San Jose mine in Santa Cruz, Argentina (49-per-cent interest), the Black Fox mine in Timmins, Canada, the Fenix project in Mexico, the Gold Bar mine in Nevada and the large Los Azules copper project in Argentina, advancing toward development.
We seek Safe Harbor.
© 2019 Canjex Publishing Ltd. All rights reserved.

[bigyawn]

ORIGINAL: McEwen Mining Reports 2018 Full Year and Q4 Results

2019-02-21 06:00 ET - News Release

TORONTO, Feb. 21, 2019 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) today reported fourth quarter and full year results for the period ended December 31, 2018. For the year, McEwen Mining achieved record production of 175,640 gold equivalent ounces(1) (“GEOs”), at cash costs of $817(2) per GEO and all-in sustaining costs (“AISC”) of $1,002 per GEO. Our 2019 production guidance is 210,000 GEOs, a 20% increase over 2018 production, at average cash costs and AISC per GEO of $877 and $1,034, respectively. During 2018, we invested heavily in areas that we believe will enhance our future growth and profitability. We invested $35 million in exploration, $66 million in construction at the Gold Bar Mine in Nevada, and $10 million to advance our Fenix and Los Azules projects. As a result we are reporting a consolidated net loss for 2018 of $45 million, or $0.13 per share.
At December 31, 2018 we had cash and liquid assets of $38 million, including cash and restricted cash of $31 million. In August 2018 we raised $50 million in debt to fund construction of the Gold Bar Mine. We decided to debt finance a portion of the required capital rather than issuing equity because we strongly believed that higher gold and silver prices were close at hand, and that our share price should improve as a result.
Our year end conference call will take place today, Thursday, February 21 at 11am EST. Details are provided below.
The table below provides production and cost results for the fourth quarter and year ended December 31, 2018, comparative results from last year, and production and cost guidance for 2019.
Production and Costs

Q4
Full Year
Full Year
2019 Guidance
2017
2018
2017
2018
Consolidated Production





Gold (oz)
48,609
29,369
109,947
135,203
167,000
Silver (oz)
926,739
819,439
3,178,742
3,032,694
3,225,000
GEOs(1)
60,965
40,296
152,329
175,640
210,000
Gold Bar Mine, Nevada





GEOs(1)
-
-
-
-
55,000
Cash Costs ($/GEO)(1)(4)
-
-
-
-
930
AISC ($/GEO)(1)(4)
-
-
-
-
975
Black Fox Mine, Canada(5)





GEOs(1)
14,279
11,177
14,279
48,928
50,000
Cash Costs ($/GEO)(1)(4)
865
864
865
845
905
AISC ($/GEO)(1)(4)
1,319
1,074
1,319
1,137
1,080
El Gallo Mine, Mexico





GEOs(1)
19,893
5,632
46,694
39,105
13,000
Cash Costs ($/GEO)(1)(4)
1,135
849
791
733
875
AISC ($/GEO)(1)(4)
1,251
877
909
771
915
San José Mine, Argentina (49%)(3)





Gold (oz)
14,528
12,602
49,233
47,331
49,000
Silver (oz)
919,898
816,347
3,159,352
3,020,696
3,225,000
GEOs(1)
26,793
23,487
91,357
87,607
92,000
Cash Costs ($/GEO)(1)(4)
699
817
839
851
830
AISC ($/GEO)(1)(4)
828
1,013
1,027
1,061
1,060
Notes:
Silver and gold production are presented as gold equivalent ounces (GEOs). GEOs approximate prevailing spot prices at the beginning of the year. The silver to gold ratio used for 2017, 2018 and 2019 is 75:1.
All amounts are reported in US dollars unless otherwise stated.
Represents the portion attributable to us from our 49% interest in the San José Mine.
Earnings from mining operations, total cash costs per GEO, all-in sustaining costs (AISC) per GEO, and cash, investments and precious metals are non-GAAP financial performance measures with no standardized definition under U.S. GAAP. See “Cautionary Note Regarding Non-GAAP Measures” for additional information, including definitions of these terms.
Since the Black Fox mine was acquired on October 6, 2017, only gold production from the mine after this date was included in the 2017 total.
For the SEC Form 10-K Financial Statements and MD&A refer to: http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CI…
The table below provides financial highlights for the year ended December 31, 2018, and comparative results from last year.
Financial Highlights



Year Ended
Dec 31, 2017
Year Ended
Dec 31, 2018
Treasury


Cash, Investments and Precious Metals ($ millions)(4)
68.1
37.8
Cash and Restricted Cash ($ millions)
37.2
30.5
Working Capital ($ millions)
49.2
23.4
Debt (Notes) ($ millions)
nil
50.0
Earnings from Mining Operations(4)


El Gallo Mine ($ millions)
22.1
30.4
San José Mine (49%) ($ millions)
24.5
13.4
Black Fox Mine ($ millions)
2.2
7.1
Consolidated Net Income


Net Income (Loss) ($ millions)
(10.6)
(44.9)
Net Income (Loss) per Share ($)
(0.03)
(0.13)
Cash Flow


Net Cash (Used In) Provided By Operations Activities ($ millions)
(27.6)
0.5
Gold Bar Mine, Nevada, USA (100%)
Construction of the Gold Bar Mine started in November 2017 and by year-end 2018 we had invested $72 million, approximately 89% of the total construction budget of $81 million, the balance of which will be spent in Q1 2019. In 2018, our exploration expenditures of $5 million resulted in an increase in our gold reserves of 8%, which extended the Mine’s estimated life to 7.4 years from 6.3 years. It is expected that a portion of the resources at Gold Bar South will be converted to reserves once the permits for development are in place, which would further extend the Mine’s life. See Tables 1.1 to 1.3 for updated mineral resource and reserve estimates.
Our 2019 exploration budget on the Gold Bar property is $5 million. Exploration drilling will target both near surface and deep Carlin-type mineralization.
Gold Bar 2019 production guidance is 55,000 gold ounces at cash costs and AISC per GEO of $930 and $975, respectively. The first gold ingot weighing 390 ounces was poured at the Mine on February 16, 2019. Heavy snowfall at Gold Bar and being understaffed have recently impacted our operating activities, particularly delaying the ramp-up of the crushing plant, as a consequence we expect to achieve commercial production during Q2 2019.
Gold Bar Feasibility Study (2018)
Our 2019 cash costs guidance of $930 per GEO at Gold Bar is approximately 6% higher than that projected for the first year of operations in our feasibility study. This is primarily due to an increase in the amount of waste stripping. A revised mining schedule has been designed to better position the mine for its second year of production in 2020, which is estimated to have 20% lower cash costs and 35% higher gold production.
Black Fox Mine, Canada (100%)
Production in 2018 was 48,928 GEOs, in-line with our production guidance of 48,000 GEOs. For 2018, total cash costs and AISC per GEO were $845 and $1,137, respectively.
Black Fox 2019 production guidance is 50,000 gold ounces at cash costs and AISC per GEO of $905 and $1,080, respectively. The Black Fox mine is undergoing significant changes in management, workforce and mining practices, with the objective of improving the overall economic performance of the mine in 2019-2020. So far in 2019 the mine has faced some challenges reaching targeted productivity levels, although we believe these issues are temporary and should not impact our planned output in 2019.
In 2018, we spent $21 million on exploration at the Black Fox Complex. Our 2019 exploration budget is $17 million.
The mineral resource and reserve estimates for the Black Fox Mine have been updated (Tables 2.1 and 2.2) to reflect mine depletion, additions from exploration, and the deletion of certain resource blocks that are deemed inaccessible due to prior mining activity. Resources and reserves decreased by 19% and 21%, respectively. The mineral resource for the Stock East exploration project was updated and increased by 32% (Table 2.3). Resource estimates for other deposits at the Black Fox Complex including Froome, Grey Fox and Tamarack are unchanged.
San José Mine, Argentina (49%)
Our attributable production from San José in 2018 was 47,331 gold ounces and 3,020,696 silver ounces, for a total of 87,607 GEOs. Compared to 2017, gold and silver production were down 4%, primarily due to lower average mined grades of gold and silver. For 2018, total cash costs and ASIC per GEO were $851 and $1,061, respectively.
During 2018, we received $10 million in dividends from our interest in San José. For 2019, we expect to receive $7-10 million in dividends, with the final amount being determined by the profitability, treasury position, and decisions on capital and exploration investments.
In 2018, $6 million was invested in exploration at San José, and the 2019 exploration budget is $5 million (100% basis).
San José 2019 production guidance is 49,000 gold ounces and 3,225,000 silver ounces, for a total of 92,000 GEOs attributable to us, at cash costs and AISC per GEO of $830 and $1,060, respectively.
The mineral resource and reserve estimates for the San José Mine have been updated (Tables 3.1 and 3.2) to reflect mine depletion and additions from exploration. Resources increased by 11% and reserves decreased by 10%.
El Gallo Project, Mexico (100%)
Production in 2018 was 39,105 GEOs. For 2018, total cash costs and AISC per GEO were $733 and $771, respectively. Mining activity ceased at El Gallo by the end of Q2 2018.
El Gallo 2019 production guidance is 13,000 gold ounces at cash costs and AISC per GEO of $875 and $915, respectively. These ounces are derived from residual heap leaching activities that are ongoing and will continue for several years.
Fenix Project
In 2018, we invested $4 million to advance the development of the Fenix Project. Activities included metallurgical studies, permit applications, and the preparation of a feasibility study. The Fenix Project’s PEA is available for review on our website and SEDAR (www.sedar.com).
Potential Sale
Our focus is on delivering near-term production growth from our projects in the United States and Canada, and on advancing Los Azules. As part of our capital allocation strategy we will be exploring the potential sale of our Mexican assets. We anticipate that half of the net proceeds from the potential sale would be used to advance the development of projects with the greatest potential to significantly improve our share value, and the balance would be used to retire a portion of our debt.
Los Azules Project, Argentina (100%)
We spent $6 million at Los Azules during 2018. The activities performed were mainly technical site investigations and environmental base line monitoring work, to advance permitting efforts. We are currently investigating a new access route to the project that, if developed into a road, could provide year-round access to Los Azules, greatly accelerating the potential development of the project and reducing operating costs. Our 2019 exploration budget for Los Azules is $3 million.
Distribution
During the year ended December 31, 2018, the Company paid two semi-annual distributions on February 14 and September 4, totaling $0.01 per share of common stock, for a total distributions of $3.4 million. The next semi-annual distribution of a ½ cent per share will be paid on March 15, 2019, to shareholders of record on March 8, 2019.
Conference Call and Webcast
We invite you to join our conference call, during which management will discuss our 2018 financial results and project developments and follow with a question and answer session. Questions can be asked directly by participants over the telephone or can be emailed in advance to [e-mail].

Thursday, February 21, 2019
at 11am EST
Toll Free US & Canada:
1 [phone]
Outside US & Canada:
1 [phone]
Conference ID Number:
3366294
Webcast Link:
https://edge.media-server.com/m6/p/yb78r4sn

An archived replay of the webcast will be available for one week after it takes place. Access the replay using the link https://edge.media-server.com/m6/p/yb78r4sn or calling [phone] (North America) / [phone] (International), Conference ID Number 3366294.
Resource and Reserve Updates
Mineral resources and reserves have been updated for the Gold Bar Mine and Gold Bar South (Nevada), Black Fox Mine and Stock Project (Ontario), and San José Mine (Argentina). Resources for other deposits in our portfolio are unchanged from the previous estimates. For a summary of all the McEwen Mining’s resources and reserves refer to the tables on our website.
The following statements apply to information contained in the resource and reserve tables below:
Mineral Resources are inclusive of Mineral Reserves;
Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. There is no certainty that any part of the Mineral Resources estimated will be converted into a Mineral Reserves estimate;
Numbers in the tables have been rounded to reflect the accuracy of the estimates and may not sum due to rounding;
The Inferred Mineral Resource in this estimate has a lower level of confidence than that applied to an Indicated Mineral Resource and must not be converted to a Mineral Reserve. It is reasonably expected that the majority of the Inferred Mineral Resource could be upgraded to an Indicated Mineral Resource with continued exploration;
Quantity and grade of reported Inferred resources are uncertain in nature and there has been insufficient exploration to classify these Inferred resources as Measured or Indicated;
Mineral resources and reserves were estimated using the guidelines set out in the CIM Definition Standards for Mineral Resources and Reserves prepared by the CIM Standing Committee on Reserve Definitions;
For additional information about the projects, please refer to the following NI 43-101 technical reports:
- San José Mine: "Technical Report on San José Silver-Gold Mine, Santa Cruz, Argentina" dated August 15, 2014 with an effective date of December 31, 2013;
- Gold Bar: “Gold Bar Project Form 43-101F1 Technical Report Feasibility Study” dated March 30, 2018 with an effective date of November 8, 2017;
- Black Fox Complex: “Technical Report for the Black Fox Complex, Canada” dated April 6, 2018 with an effective date of October 31, 2017.
Gold Bar Mine Resource and Reserve Update
SRK Consulting (U.S.), Inc. developed the updated resource estimate in accordance with the requirements of NI 43-101. The resource estimate is comprised only of gold resources that fall inside the boundaries of a conceptual pit and the permitted mine area. Cut-off grades and inputs for the conceptual pit are provided in the footnotes of the resource statement.
Table 1.1: Gold Bar Mine - Mineral Resource Estimate (US Standard Units unless otherwise indicated), December 31, 2018
Classification

Quantity
(‘000 ton)
Grade Gold
(oz/ton)
Grade Gold
(Metric g/t)
Contained Gold
(‘000 oz)
Measured Mineral Resource





Open Pit
Gold Bar
3,097
0.034
1.17
106

Gold Bar South
-
-
-
-
Total Measured

3,097
0.034
1.17
106
Indicated Mineral Resources











Open Pit
Gold Bar
23,789
0.026
0.88
614

Gold Bar South
3,488
0.029
0.99
100
Total Indicated

27,277
0.026
0.90
714
Total Measured + Indicated

30,374
0.027
0.92
819
Inferred Mineral Resources





Open Pit
Gold Bar
7,460
0.026
0.90
196

Gold Bar South
123
0.042
1.44
5
Total Inferred

7,583
0.027
0.91
201

Independent Mining Consultants (IMC) developed the Mineral Reserve estimate in accordance with SEC Industry Guide 7 and NI 43-101. In accordance with NI 43-101, only resources in the Measured or Indicated resource category can be included as Proven or Probable reserves.
Table 1.2: Gold Bar Mine - Mineral Reserve Estimate (US Standard Units), December 31, 2018
Classification
Quantity
(‘000 ton)
Contained Grade
Gold (oz/ton)
Recoverable Gold
Grade (oz/ton)
Contained Gold
(‘000 oz)
Recoverable
Gold (‘000 oz)
Proven
2,411
0.037
0.030
88
72
Probable
15,725
0.028
0.023
436
357
Total Proven +
Probable
18,136
0.029
0.024
524
430
Table 1.3: Gold Bar Mine - Mineral Reserve Estimate (Metric Units for Tonnage and Grade), December 31, 2018
Classification
Quantity
(‘000 tonne)
Contained Grade
Gold (g/t)
Recoverable Gold
Grade (g/t)
Contained Gold
(‘000 oz)
Recoverable
Gold (‘000 oz)
Proven
2,187
1.27
1.03
88
72
Probable
14,265
0.96
0.79
436
357
Total Proven +
Probable
16,453
0.99
0.82
524
430
Table 1.1-1.3 Notes:
Gold Bar resources are stated as contained within a potentially economically mineable open pit with optimization parameters of: gold price of US$1,350/oz Au, 82% recovery and US$5/oz Au Sales Cost; waste mining costs of US$1.85/t (Cabin Creek), US$1.80/t (Gold Pick) and US$1.78/t (Gold Ridge); ore mining and processing costs (OMPC) of US$9.57/t (Cabin Creek), US$9.48/t (Gold Pick) and US$10.57/t (Gold Ridge); 54° pit slopes for Gold Pick and Cabin Creek, and a 42° pit slope for Gold Ridge;
Gold Bar South resources are stated as contained within a potentially economically mineable open pit with optimization parameters of: gold price of US$1,350/oz Au, assigned recovery 82% for gold, an ore mining cost of US$2.80/t, waste mining cost of US$1.80/t, ore processing cost of US$6.74/t, and pit slopes of 50°;
Resources are reported using gold cut off grades of 0.007 oz/t (Gold Pick and Cabin Creek) and 0.008 oz/t (Gold Ridge and Gold Bar South);
Reserves stated in the table above are contained within an engineered pit design;
Reserves equal the total ore planned for processing from the mine plan based on a US$1,250/oz gold price.
Black Fox Complex Resource and Reserve Updates
SRK Consulting (Canada) Inc. developed the mineral resource for the Black Fox Mine. The mineral reserve for the Black Fox Mine was developed by the site engineering team; the updating of the mineral resource for the Stock East Property was undertaken by McEwen Mining. All resource and reserve statements are as at December 31, 2018. Resource estimates for other deposits in the complex, including Froome, Grey Fox and Tamarack, are unchanged.
Table 2.1: Black Fox Mine - Mineral Resource Estimate, December 31, 2018
Classification
Quantity
(‘000 tonnes)
Grade Gold
(g/t)
Contained Gold
(‘000 oz)
Indicated
1,901
7.72
472
Total Indicated
1,901
7.72
472
Table 2.2: Black Fox Mine - Mineral Reserve Estimate, December 31, 2018
Classification
Quantity
(‘000 tonnes)
Grade Gold
(g/t)
Contained Gold
(‘000 oz)
Probable
437
6.33
89
Total Probable
437
6.33
89
Table 2.1 and 2.2 Notes:
Resources are reported at a cut-off grade of 3.0 g/t Au, assuming an underground extraction scenario, a gold price of US$1500/oz and a metallurgical recovery of 96 percent.
Reserves are based on a cut-off value of 3.55 g/t Au (4.09 g/t Au including 15% dilution) assuming a gold price of US$1,250/oz, a C$:US$ exchange rate of 1.3:1, milling recoveries of 96% and operating costs of C$172.05/t.
Reserves are stated at a mill feed reference point and include for diluting materials and mining losses.
Table 2.3: Stock Property - Mineral Resource Estimate, December 31, 2018

Classification

Quantity
(‘000 t)
Grade Gold
(g/t)
Contained Gold
(‘000 oz)

Indicated Mineral Resource


Open Pit
East Zone
1,343
1.00
43

Underground
East Zone
147
3.50
17

Total Indicated

1,490
1.25
60

Inferred Mineral Resource


Open Pit
East Zone
1,657
1.01
54

Underground
East Zone
340
3.26
36

Total Inferred

1,997
1.39
90

Table 2.3 Notes:
Resources are stated as either contained within a potentially economically mineable open pit or outside of the pit shell as underground resources using the following parameters: an assumed gold price of U$1500/oz , a metallurgical recovery of 94% and a cut off grade of 0.8gpt Au (mill cut off grade of 0.25gpt Au); a cut-off grade of 2.4 g/t Au was used for an underground scenario outside of the pit shell.
San José Mine Resource and Reserve Update
Hochschild Mining Plc (“Hochschild”), our joint venture partner, prepared the mineral resource and mineral reserve estimates for the San José mine as at December 31, 2018.
These figures, reported on a 100% basis, were prepared by Hochschild and audited by P&E Mining Consultants Inc. whose audit letter dated February 7, 2019, concluded that the estimates for the San José mine prepared by Hochschild at December 31, 2018 provide a reliable estimation of reserves and resources. The reserves as presented are in-situ and include mining dilution and mining losses, however they do not include allowances for mill or smelter recoveries.
Table 3.1: San José Mine - Mineral Reserve Estimate, December 31, 2018
Classification
Quantity
(‘000 t)
Gold Grade
(g/t)
Silver Grade
(g/t)
Contained Gold (‘000
oz)
Contained Silver (M
oz)
Proven
728
8.40
584
197
13.7
Probable
255
7.69
566
63
4.6
Total Proven & Probable
983
8.21
579
259
18.3
Table 3.2: San José Mine - Mineral Resource Estimate, December 31, 2018
Classification
Quantity
(‘000 t)
Gold Grade
(g/t)
Silver Grade
(g/t)
Contained Gold
(‘000 oz)
Contained Silver
(M oz)
Measured
1,410
9.41
627
427
28.4
Indicated
1,070
6.86
464
236
16.0
Total Measured & Indicated
2,480
8.31
557
663
44.4
Total Inferred
1,696
6.73
386
367
21.1
Table 3.1 and 3.2 Notes:
Reserves and resources are stated on a 100% basis. McEwen Mining Inc. has a 49% attributable interest in the San José mine.
Mineral resources and reserves were estimated by Hochschild Mining Plc; P&E Mining Consultants Inc. have audited the resource and reserve estimates and found that they meet the requirements for disclosure under Canadian National Instrument 43-101 (NI 43-101) and the Joint Ore Reserves Committee of the Australian Institute of Mining and Metallurgy ("JORC") as well as the US Securities and Exchange Commission Industry Guide 7 for reserves.
Resource estimations utilized inverse distance and ordinary kriging methods depending upon data density.
Metal prices used were US$1,150/oz for gold and US$15.00/oz for silver.
For reserves average internal dilution was 2%, average mining and geotechnical dilution was 34% and mine extraction was 36%.
Resources for 2018 were defined at a cut-off grade of 305 gpt silver equivalent [AgEq = (Au x 81) + Ag].
ABOUT MCEWEN MINING
McEwen has the goal to qualify for inclusion in the S&P 500 Index by creating a profitable gold and silver producer focused in the Americas. McEwen's principal assets consist of: the San José mine in Santa Cruz, Argentina (49% interest); the Black Fox mine in Timmins, Canada; the Fenix Project in Mexico; the Gold Bar mine in Nevada; and the large Los Azules copper project in Argentina, advancing towards development.
McEwen has approximately 345 million shares outstanding. Rob McEwen, Chairman and Chief Owner, owns 23% of the shares.
RELIABILITY OF INFORMATION REGARDING SAN JOSÉ
Minera Santa Cruz S.A., the owner of the San José Mine, is responsible for and has supplied to the Company all reported results from the San José Mine. McEwen Mining’s joint venture partner, a subsidiary of Hochschild Mining plc, and its affiliates other than MSC do not accept responsibility for the use of project data or the adequacy or accuracy of this release.
TECHNICAL INFORMATION
The technical contents of this news release has been reviewed and approved by Chris Stewart, P.Eng., President & COO of McEwen Mining and a Qualified Person as defined by Canadian Securities Administrators National Instrument 43-101 "Standards of Disclosure for Mineral Projects."
CAUTIONARY NOTE TO US INVESTORS REGARDING RESOURCE ESTIMATION
McEwen Mining Inc. is required to prepare reports under the Securities Exchange Act of 1934 and the Canadian Securities Administrators’ National Instrument 43‑101 “Standards of Disclosure for Mineral Projects” (“NI 43‑101”), under the Canadian securities laws because we are listed on the Toronto Stock Exchange (“TSX”) and subject to Canadian securities laws. Standards under NI 43-101 are materially different than the standards generally permitted in reports filed with the United States (“U.S.”) Securities and Exchange Commission (“SEC”).
Under NI 43‑101, we report measured, indicated and inferred resources, which are measurements that are generally not permitted in filings made with the SEC. The estimation of measured resources and indicated resources involve greater uncertainty as to their existence and economic feasibility than the estimation of proven and probable reserves under Industry Guide 7. U.S. investors are cautioned not to assume that any part of measured or indicated resources will ever be converted into economically mineable reserves. The estimation of inferred resources involves far greater uncertainty as to their existence and economic viability than the estimation of other categories of resources. Inferred Mineral Resources could be upgraded to Indicated Mineral Resources with continued exploration. Therefore, U.S. investors are also cautioned not to assume that all or any part of inferred resources exist, or that they can be legally or economically mined.
Canadian regulations permit the disclosure of resources in terms of “contained ounces” provided that the tonnes and grade for each resource are also disclosed; however, the SEC only permits issuers to report “mineralized material” in tonnage and average grade without reference to contained ounces. Under U.S. regulations, the tonnage and average grade described herein disseminated by us would be characterized as mineralized material. We provide such disclosure about our properties to allow a means of comparing our projects to those of other companies in the mining industry, many of which are Canadian and report pursuant to NI 43‑101, and to comply with applicable disclosure requirements.
CAUTIONARY NOTE REGARDING NON-GAAP MEASURES
In this report, we have provided information prepared or calculated according to U.S. GAAP, as well as provided some non-U.S. GAAP ("non-GAAP") performance measures. Because the non-GAAP performance measures do not have any standardized meaning prescribed by U.S. GAAP, they may not be comparable to similar measures presented by other companies.
Total Cash Costs per GEO, and All-in Sustaining Costs (“AISC”) per GEO.
Total cash costs consist of mining, processing, on-site general and administrative costs, community and permitting costs related to current explorations, royalty costs, refining and treatment charges (for both doré and concentrate products), sales costs, export taxes and operational stripping costs. All-in sustaining cash costs consist of total cash costs (as described above), plus environmental rehabilitation costs, amortization of the asset retirement costs related to operating sites, sustaining exploration and development costs, and sustaining capital expenditures. In order to arrive at our consolidated all-in sustaining costs, we also include corporate general and administrative expenses. Depreciation is excluded from both total cash costs and all-in sustaining cash costs. For both total cash costs and all-in sustaining costs we include our attributable share of total cash costs from operations where we hold less than a 100% economic share in the production, such as MSC, where we hold a 49% interest. Total cash cost and all-in sustaining cash cost per GEO sold are calculated on a co-product basis by dividing the respective proportionate share of the total cash costs and all-in sustaining cash costs for the period attributable to each metal by the ounces of each respective metal sold. We use and report these measures to provide additional information regarding operational efficiencies both on a consolidated and an individual mine basis, and believe that these measures provide investors and analysts with useful information about our underlying costs of operations. A reconciliation to the nearest U.S. GAAP measure is provided in McEwen Mining's Annual Report on Form 10-K for the year ended December 31, 2018.
Earnings from Mining Operations
The term Earnings from Mining Operations used in this report is a non-GAAP financial measure. We use and report this measure because we believe it provides investors and analysts with a useful measure of the underlying earnings from our mining operations. We define Earnings from Mining Operations as Gold and Silver Revenues from our El Gallo Mine, Black Fox Mine, and our 49% attributable share of the San José Mine's Net Sales, less their respective Production Costs Applicable to Sales. To the extent that Production Costs Applicable to Sales may include depreciation and amortization expense related to the fair value increments on historical business acquisitions (fair value paid in excess of the carrying value of the underlying assets and liabilities assumed on the date of acquisition), we deduct this expense in order to arrive at Production Costs Applicable to Sales that only include depreciation and amortization expense incurred at the mine-site level. The San José Mine Net Sales and Production Costs Applicable to Sales are presented, on a 100% basis, in Note 5 of McEwen Mining's Annual Report on Form 10-K for the year ended December 31, 2018.
Cash, Investments and Precious Metals
The term cash, investments and precious metals used in this report is a non‑GAAP financial measure. We report this measure to better understand our liquidity in each reporting period. Cash, investments and precious metals is calculated as the sum of cash, investments and ounces of doré held in inventory, valued at the London P.M. Fix spot price at the corresponding period. A reconciliation to the most directly comparable U.S. GAAP measure, Sales of Gold and Silver, is provided in McEwen Mining's Annual Report on Form 10-K for the year ended December 31, 2018.
CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
This news release contains certain forward-looking statements and information, including "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements and information expressed, as at the date of this news release, McEwen Mining Inc.'s (the "Company") estimates, forecasts, projections, expectations or beliefs as to future events and results. Forward-looking statements and information are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, risks and contingencies, and there can be no assurance that such statements and information will prove to be accurate. Therefore, actual results and future events could differ materially from those anticipated in such statements and information. Risks and uncertainties that could cause results or future events to differ materially from current expectations expressed or implied by the forward-looking statements and information include, but are not limited to, factors associated with fluctuations in the market price of precious metals, mining industry risks, political, economic, social and security risks associated with foreign operations, the ability of the corporation to receive or receive in a timely manner permits or other approvals required in connection with operations, risks associated with the construction of mining operations and commencement of production and the projected costs thereof, risks related to litigation, the state of the capital markets, environmental risks and hazards, uncertainty as to calculation of mineral resources and reserves, and other risks. The Company’s dividend policy will be reviewed periodically by the Board of Directors and is subject to change based on certain factors such as the capital needs of the Company and its future operating results. Readers should not place undue reliance on forward-looking statements or information included herein, which speak only as of the date hereof. The Company undertakes no obligation to reissue or update forward-looking statements or information as a result of new information or events after the date hereof except as may be required by law. See McEwen Mining's Annual Report on Form 10-K for the fiscal year ended December 31, 2018 and other filings with the Securities and Exchange Commission, under the caption "Risk Factors", for additional information on risks, uncertainties and other factors relating to the forward-looking statements and information regarding the Company. All forward-looking statements and information made in this news release are qualified by this cautionary statement.
The NYSE and TSX have not reviewed and do not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management of McEwen Mining Inc.
CONTACT INFORMATION:

Christina McCarthy
Investor Relations
(647)-258-0395 ext 390
[e-mail]
Website: www.mcewenmining.com

Facebook: facebook.com/mcewenrob

Twitter: twitter.com/mcewenmining

Instagram: instagram.com/mcewenmining
150 King Street West
Suite 2800, P.O. Box 24
Toronto, ON, Canada
M5H 1J9
(866)-441-0690


© 2019 Canjex Publishing Ltd. All rights reserved.

[Ramses21]

In 2019 sollen nun 210k Unzen Gold gefördert werden. Was mir nicht gefällt, ist der Anstieg der AISC von 1002 auf 1034 $. Der AISC muss fallen und nicht steigen.

[Ramses21]

Was negativ auffällt ist das Minus in der Kasse aufgrund der Investitionen und das nur noch 38 Millionen $ in der Kasse sind. Da wird es bald wieder eine Ausgabe von neuen Aktien geben.

[Onlyaguy]

Antwort auf Beitrag Nr.: 59.933.720 von Ramses21 am 21.02.19 16:26:38

Glaube ich nicht.. im Vergleich zum letzten Quartal wird in 2019 der höhere Goldpreis genug Cash bei steigender Produktion erzeugen und die Investitionen aus 2018 werden in 2019 nicht relevant.. Ich denke auch das die steigende n AISC mit der Inbetriebnahme der neuen Mine
zusammenhängen, die später wieder fallen werden wenn diese auf Volllast fährt..

No risk No profit 😁

[Ramses21]

Antwort auf Beitrag Nr.: 59.934.122 von Onlyaguy am 21.02.19 16:51:57

Ich denke El Gallo ist für die Steigerung verantwortlich. Da werden zur Zeit nur Abraumhalden noch Mal bearbeitet. Da steigt der AISC pro Unze von 140$. San Jose mit 1060$ ist auch hoch, aber konstant. Black Fox ist auf dem richtigen Weg.

[boersentrader02]

Rob gibt hier Auskunft über den weiteren Weg des Unternehmens. Hört es euch an oder liest es wenigstens.

McEwen Mining Inc. (MUX) CEO Robert McEwen on Q4 2018 Results - Earnings Call Transcript
Feb. 21, 2019 6:18 PM ET|
11 comments
|
About: McEwen Mining Inc. (MUX)
FY: 02-21-19 Earnings Summary


Subscribers Only
Earning Call Audio

McEwen Mining Inc. (NYSE:MUX) Q4 2018 Earnings Conference Call February 21, 2019 11:00 AM ET

Company Participants

Robert McEwen - Executive Chairman and Chief Owner

Chris Stewart - President and Chief Operating Officer

Sylvain Guerard - Senior Vice President, Exploration

Andrew Elinesky - Chief Financial Officer

Conference Call Participants

Jake Sekelsky - Roth Capital Partners

Heiko Ihle - H.C. Wainright & Co

Michael Kozak - Cantor Fitzgerald Canada Corporation

Bhakti Pavani - Alliance Global Partners

Bill Powers - Private Investor

Operator

Good morning, ladies and gentlemen, and welcome to the McEwen Mining 2018 Full Year and Q4 Conference Call. I will now hand the call over to Rob McEwen, Chief Owner.

Robert McEwen

Thank you, operator. Good morning, ladies and gentlemen. Welcome fellow shareowners. 2018 was a milestone year for McEwen Mining. And with me today to tell you about last year and provide guidance for this year are: Chris Stewart, President and Chief Operating Officer; Sylvain Guerard, Senior Vice President - Exploration; and Andrew Elinesky, Chief Financial Officer.

The 2018 milestones were numerous. Record production growth, we produced a record 175,640 ounces of gold equivalent, which was a 15% improvement over 2017. In addition, we generated $51 million in earnings from operations. There was an emphasis on exploration. We had our largest exploration budget ever, a total of $35 million that resulted in mine life extension in Nevada at our Gold Bar Mine, and in Timmins it generated much enthusiasm with numerous new targets and increased resources on our Black Fox properties.

We built a new mine. Just before the start of 2018, we received government permits to construct and operate our new Gold Bar Mine and work began immediately. By the end of 2018, we had spent $72 million or 89% of budget. Speaking of budget, we are pleased to say we are on budget. We reported our first gold ingot just last week.


https://seekingalpha.com/article/4243107-mcewen-mining-inc-m…

[boersentrader02]

Mir kann das, dass das Gold steigt, nur recht sein.

Gold: Rekord-Ziel bei 3.600 US-Dollar?

Lars Erichsen berichtet heute darüber. Momentan sehen wir eine Rekordnachfrage bei Gold-ETFs. Wieso ich mir vorstellen kann, dass sich Gold im Preis vielleicht verdreifacht, Silber sogar vervielfacht, das möchte ich dir in diesem Video erläutern.

[bigyawn]

McEwen Mining suspends distribution

2019-03-07 06:20 ET - News Release

Mr. Rob McEwen reports
MCEWEN MINING SUSPENDS DISTRIBUTION
McEwen Mining Inc. has decided to suspend the distribution of one-half cent per share, which would have been paid on March 15 to shareholders of record on March 8, 2019.
"We have experienced operating issues at our Black Fox mine and with the start-up of our Gold Bar mine. While viewed as temporary, these issues have resulted in much lower revenue this quarter than planned. As a result, we decided the prudent and responsible course of action was to conserve our cash and suspend the distribution," said Rob McEwen, chairman and chief owner.
About McEwen Mining Inc.
McEwen has the goal to qualify for inclusion in the S&P 500 Index by creating a profitable gold and silver producer focused in the Americas. McEwen's principal assets consist of the San Jose mine in Santa Cruz, Argentina (49-per-cent interest), the Black Fox mine in Timmins, Canada, the Fenix project in Mexico, the Gold Bar mine in Nevada and the large Los Azules copper project in Argentina, advancing toward development.
We seek Safe Harbor.
© 2019 Canjex Publishing Ltd. All rights reserved.

[KMST]

Die news ist hier eher die operating issues at Black fox und Gold bar als der halbe cent per share...

[bigyawn]

McEwen terminates equity distribution agreement

2019-03-13 16:45 ET - News Release

Mr. Rob McEwen reports
MCEWEN MINING TERMINATES EQUITY DISTRIBUTION AGREEMENT
McEwen Mining Inc. has voluntarily terminated the equity distribution agreement entered into on Nov. 8, 2018. Under the equity distribution agreement, McEwen Mining could offer, from time to time, shares of its common stock having an aggregate offering price of up to $90-million. McEwen Mining provided notice to the sales agents of the termination of the equity distribution agreement on March 13, 2019, effective as of the close of business on March 13, 2019.
About McEwen Mining Inc.
McEwen has the goal to qualify for inclusion in the S&P 500 Index by creating a profitable gold and silver producer focused in the Americas. McEwen's principal assets consist of the San Jose mine in Santa Cruz, Argentina (49-per-cent interest), the Black Fox mine in Timmins, Canada, the Fenix project in Mexico, the Gold Bar mine in Nevada and the large Los Azules copper project in Argentina, advancing toward development.
We seek Safe Harbor.
© 2019 Canjex Publishing Ltd. All rights reserved.

[bigyawn]

McEwen arranges $25-million (U.S.) direct offering

2019-03-26 21:38 ET - News Release

Mr. Rob McEwen reports
MCEWEN MINING ANNOUNCES US$25 MILLION REGISTERED DIRECT OFFERING
McEwen Mining Inc. has entered into definitive agreements with an institutional investor and certain directors and officers of the company, including Rob McEwen, pursuant to which such investors have agreed to purchase units of the company for aggregate gross proceeds of $25-million (U.S.) in a registered direct offering.
McEwen Mining intends to use the net proceeds from this offering to fully fund its current mining projects and exploration prospects, for additional operating capital and for general working capital purposes.
Rob McEwen, Chairman and Chief Owner of McEwen Mining, stated " I am pleased to say that this financing provides us with the flexibility we need to take advantage of additional opportunities at our operations."
McEwen Mining is a growing gold and silver miner that produced 176,000 ounces gold equivalent in 2018. It owns interests in several mines, two of which are located in the world's top gold mining jurisdictions of Nevada and Timmins. In addition, it owns a large undeveloped copper deposit in Argentina.
Each Unit is priced at $1.55 and consists of a share of common stock and one-half of a warrant to purchase common stock. Each full warrant is exercisable into one share of common stock. The warrants are immediately exercisable and have a term of three years and an exercise price of $2.00.
Roth Capital Partners and A.G.P./Alliance Global Partners are acting as exclusive lead placement agents for the Units offered in the United States and internationally (except Canada). Maison Placements is acting as exclusive placement agent for the Units offered in Canada.
The offering is expected to close on March 29, 2019 and is subject to customary closing conditions, including approvals from the TSX and the NYSE. The subscription by insiders is subject to shareholder approval at the Annual General Meeting of shareholders to be held on May 23, 2019.
The shares of common stock and warrants described above are being offered in the United States pursuant to an effective "shelf" registration statement (File No. 333-224476) that was filed with the Securities and Exchange Commission (the "SEC") and was declared effective by the SEC on July 6, 2018. The securities may be offered only by means of a prospectus. A prospectus supplement and the accompanying prospectus will be filed with the SEC. The prospectus supplement and accompanying prospectus, when filed, will be available on the SEC's website at http://www.sec.gov and may also be obtained from Roth Capital Partners at 888 San Clemente Drive, Suite 400, Newport Beach, CA 92660, [phone].
McEwen intends to file a Canadian MJDS prospectus supplement to the Canadian MJDS base shelf prospectus dated August 8, 2018 with respect to the offering in Canada.
ABOUT MCEWEN MINING
McEwen has the goal to qualify for inclusion in the S&P 500 Index by creating a profitable gold and silver producer focused in the Americas. McEwen's principal assets consist of: the San Jose mine in Santa Cruz, Argentina (49% interest); the Black Fox mine in Timmins, Canada; the Fenix Project in Mexico; the Gold Bar mine in Nevada; and the large Los Azules copper project in Argentina, advancing towards development.
McEwen has approximately 346 million shares outstanding. Rob McEwen, Chairman and Chief Owner, owns 23% of the shares.
We seek Safe Harbor.
© 2019 Canjex Publishing Ltd. All rights reserved.

[bigyawn]

McEwen Mining to list additional shares March 29

2019-03-27 16:50 ET - Prospectus Approved

The Toronto Stock Exchange reports that McEwen Mining Inc. will list additional shares at the open on March 29, 2019. As stated in the MJDS prospectus supplement dated March 26, 2019, to the MJDS prospectus dated Aug. 8, 2018, the company will issue 14,193,548 units at $1.55 (U.S.) per unit in an offering.
According to the TSX, each unit will consist of one share and one-half of one warrant. Each whole warrant will be exercisable at $2 per share at any time until 5:30 p.m. New York time on March 29, 2022. The units will separate immediately upon the closing of the offering, and the warrants will not be listed and posted for trading on the TSX.
© 2019 Canjex Publishing Ltd. All rights reserved.

[bigyawn]

McEwen to hold call re $25M (U.S.) offering on April 2

2019-03-28 08:15 ET - News Release

Mr. Rob McEwen reports
MCEWEN MINING CONFERENCE CALL
McEwen Mining Inc. is inviting all shareholders and investors to participate in a conference call to discuss why the company did its recent $25-million (U.S.) offering and to provide an overview of operations year to date and expectations for the balance of the year.
According to securities rules concerning public offerings, the call needs to be hosted two trading days after the close of the offering. The conference call will be held on Tuesday, April 2nd, at 11:00 am EDT.
Questions can be asked directly by participants over the telephone or can be emailed in advance to [e-mail] . The call will be chaired by Rob McEwen, Chairman and Chief Owner.
Tuesday April 2nd, 2019 at11 am EDT
Toll Free (US & Canada):1 [phone]
Outside US & Canada: 1 [phone]
Conference ID Number: 5572459
Webcast Link: https://edge.media-server.com/m6/p/p2hdjhrb
An archived replay of the webcast will be available for one week after it takes place. Access the replay using the link https://edge.media-server.com/m6/p/p2hdjhrb or calling (855)-859-2056 (North America) / (404)-537-3406 (International), Conference ID Number 5572459.
ABOUT MCEWEN MINING
McEwen has the goal to qualify for inclusion in the S&P 500 Index by creating a profitable gold and silver producer focused in the Americas. McEwen's principal assets consist of: the San Jose mine in Santa Cruz, Argentina (49% interest); the Black Fox mine in Timmins, Canada; the Fenix Project in Mexico; the Gold Bar mine in Nevada; and the large Los Azules copper project in Argentina, advancing towards development.
We seek Safe Harbor.
© 2019 Canjex Publishing Ltd. All rights reserved.

[bigyawn]

McEwen Mining closes $25-million (U.S.) offering

2019-03-29 09:46 ET - News Release

Mr. Rob McEwen reports
MCEWEN MINING ANNOUNCES CLOSING OF US$25 MILLION REGISTERED DIRECT OFFERING
McEwen Mining Inc. has closed the previously announced registered direct offering for aggregate gross proceeds of $25-million (U.S.). Insiders of the Company, including Rob McEwen, subscribed for US$3 million of the offering.
Rob McEwen, Chairman and Chief Owner of McEwen Mining, stated "We are very pleased to have successfully completed this equity raise as it fully funds the Company's current mining projects and exploration prospects.
At Gold Bar in Nevada, our exploration will be testing deep targets for Carlin style high grade sulphide mineralization, such as exists 25 miles to the north at the Cortez Hills Mine. In Argentina, we plan to develop an all-season access route that should enhance the value of our massive Los Azules copper deposit. In Timmins at the Black Fox mine, we plan to modernize the mobile fleet with the objective of driving down operating costs and increasing production.
Accordingly, we are pleased that our production guidance for the year is 205,000 gold equivalent ounces, which is a 16% increase from 2018. In addition, we have a large and exciting exploration program that we expect will generate news throughout the year."
Conference Call
Please join our conference call, where management will discuss why we did this offering and to provide an overview of operations year to date and expectations for the balance of the year. Questions can be asked directly by participants over the telephone or can be emailed in advance to [e-mail].
Tuesday, April 2nd, 201911:00 am EDT
Toll Free US & Canada844) 630-9911
Outside US & Canada: [phone]
Conference ID Number: 5572459
An archived replay of the webcast will be available for one week after it takes place. Access the replay by calling [phone] (North America) / [phone] (International), Conference ID Number 5572459.
The subscription by insiders is subject to approval by the Company's shareholders at the Company's upcoming 2019 Annual Meeting of Shareholders.
Roth Capital Partners and A.G.P./Alliance Global Partners acted as exclusive lead placement agents for the securities offered in the United States and internationally (except Canada). Maison Placements acted as exclusive placement agent for the securities offered in Canada.
The securities in the offering described above were offered in the United States pursuant to an effective "shelf" registration statement (File No. 333-224476) that was filed with the Securities and Exchange Commission (the "SEC") and was declared effective by the SEC on July 6, 2018. The securities were offered only by means of a prospectus. A prospectus supplement and the accompanying prospectus have been filed with the SEC. The prospectus supplement and accompanying prospectus is available on the SEC's website at http://www.sec.gov .
ABOUT MCEWEN MINING
McEwen has the goal to qualify for inclusion in the S&P 500 Index by creating a profitable gold and silver producer focused in the Americas. McEwen's principal assets consist of: the San Jose mine in Santa Cruz, Argentina (49% interest); the Black Fox mine in Timmins, Canada; the Fenix Project in Mexico; the Gold Bar mine in Nevada; and the large Los Azules copper project in Argentina, advancing towards development.
We seek Safe Harbor.
© 2019 Canjex Publishing Ltd. All rights reserved.

[boersentrader02]

Sollte das Gold in 2019 wieder steigen, kommt auch McEwen wieder in höhere Gefilden.

Aber es wird nicht nur Gold nach oben gehen sondern auch Silber und andere Edelmetalle die den Weg nach oben, aber nur bei Preiserhöhungen im Edelmetallbereich, suchen und finden werden.

Mir kann das allerdings nur recht sein.



Commerzbank Analysen
Warum Gold 2019 steigen wird

Der Goldpreis rutschte Anfang März wieder unter die Marke von 1.300 US-Dollar je Feinunze. Gold hat damit fast alle Gewinne seit Jahresbeginn wieder abgegeben. Wenige Wochen zuvor verzeichnete es bei knapp 1.350 US-Dollar je Feinunze noch ein 10-Monats-Hoch. Gold in Euro stieg im Februar sogar auf den höchsten Stand seit fast zwei Jahren bei fast 1.190 Euro je Feinunze, verlor dann aber ebenfalls deutlich.

Der Preisanstieg und auch der anschließende Rückgang vollzogen sich in beiden Währungen nahezu parallel (siehe Grafik 1). Gold hatte sich von der Währungsentwicklung in den ersten beiden Monaten 2019 also weitgehend abgekoppelt. Eine wichtigere Rolle bei der Goldpreisentwicklung spielte dagegen der Aktienmarkt. Dieser geriet Ende 2018 stark unter Druck, was Gold die Initialzündung für den Preisanstieg zu Jahresbeginn gab. Die deutliche Erholung der Aktienkurse änderte daran im Januar zwar noch nichts.

Die Gold-ETFs verzeichneten sogar den stärksten Monatszufluss seit fast zwei Jahren. Seit Anfang Februar kommt es aber wieder zu Umschichtungen von Gold zurück in Aktien, was sich in entsprechenden ETF-Abflüssen äußerte und Gold letztlich unter Druck setzte.



Somit scheint sich bei Gold ein mittlerweile bekanntes Muster zu wiederholen, nämlich stark in das Jahr zu starten, um danach wieder den Rückzug anzutreten. 2014, 2015 und 2018 verzeichnete Gold sein Jahreshoch jeweils in den ersten drei Monaten des Jahres. Das jüngste Hoch liegt zudem nicht weit von den Hochs der Jahre 2016, 2017 und 2018 entfernt.

Hat Gold sein Hoch damit schon gesehen? Wir denken nicht. Gold dürfte unseres Erachtens im Laufe des Jahres noch deutlich höhere Preise markieren als im Februar. Dafür sprechen mehrere Gründe:

Die US-Notenbank Fed hat Ende Januar angekündigt, die Leitzinsen nicht weiter anheben zu wollen. Zudem soll der Abbau der Fed-Bilanz voraussichtlich zum Jahresende auslaufen. Es gibt somit keinen Gegenwind für Gold durch weiter steigende Zinsen oder den fortgesetzten Entzug von Liquidität. In der Vergangenheit geriet der US-Dollar nach dem Ende eines Zinserhöhungszyklus zumeist unter Druck. Dass er es diesmal noch nicht tat, hängt vermutlich mit überlagernden Einflussfaktoren wie dem weiterhin schwelenden Handelskonflikt, dem Richtungswechsel auch anderer Zentralbanken weg von geplanten (weiteren) Zinserhöhungen und der schwächelnden Konjunktur in der Eurozone zusammen.

Die EZB hat der stärker ausgeprägten Konjunkturabschwächung in der Eurozone Rechnung getragen und den Zeitpunkt für die erste Zinserhöhung ins nächste Jahr geschoben. Zudem hat sie neue zielgerichtete Langfristtender (TLTROs) angekündigt, um eine unerwünschte monetäre Straffung zu verhindern. Diese würde bei einer Rückzahlung der in einem Jahr auslaufenden TLTROs entstehen. Durch diese Maßnahmen wird zwar eine stärkere Abwertung des US-Dollar gegenüber dem Euro verhindert. Eine längere Beibehaltung der ultralockeren EZB-Geldpolitik – wir rechnen auch 2020 nicht mit einer Zinserhöhung – sollte Gold aber ebenfalls zugutekommen. So liegen die Renditen deutscher Bundesanleihen bis einschließlich neun Jahren Laufzeit unter 0 Prozent.

Die deutsche Zehnjahresrendite kratzt an der Nulllinie. Abzüglich der Inflationsrate sind die Realzinsen somit deutlich negativ. Negative Realzinsen sind ein starkes Kaufargument für Gold.

https://www.ideas-magazin.de/2019/ausgabe-204/maerkte/warum-…" target="_blank" rel="nofollow ugc noopener">https://www.ideas-magazin.de/2019/ausgabe-204/maerkte/warum-…

[meichel]

McEwen Mining Reports Q1 2019 Production Results



TORONTO, April 09, 2019 (GLOBE NEWSWIRE) -

- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) reports consolidated production for Q1 2019 of 26,789 gold ounces and 703,217 silver ounces, or 36,166 gold equivalent ounces(1)(“GEOs”).

[boersentrader02]

Hätte nicht daran gedacht, das McEwen einmal alle mexikanischen Minen verkaufen sollte.

Mit Palmarito (Silbermine) und Gallo fing doch alles an. Durch die Übernahme von US GOld hat das alles begonnen und was entsteht jetzt ? Ich weiß es nicht ob das das richtige ist ?



McEwen exploring potential sale of Mexican assets

10th April 2019

By: Mariaan Webb
Creamer Media Senior Researcher and Deputy Editor Online

SAVE THIS ARTICLE EMAIL THIS ARTICLE

Toronto-headquartered McEwen Mining is considering selling its Mexican assets, which include the El Gallo mine in Sinaloa state.

The proceeds of a potential sale would be used to advance development projects and the balance would be used to retire a portion of its debt, the company said in a statement on Tuesday, without providing more details.
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The El Gallo mine operated as an openpit until May last year and has produced 279 000 oz of gold and 134 000 oz of silver, equating to 281 000 gold-equivalent ounces (GEO), between 2012 and 2018. Owing to the transition to deeper sulphide mineralisation that is not amenable to leaching, mining and crushing activities ceased in the second quarter.

Residual heap leaching is continuing and delivered 5 413 oz of gold in the first quarter of 2019.
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McEwen is working on a feasibility study to retool El Gallo to produce silver and gold for another decade or more. The results of the feasibility study will be published in the current quarter.

The preliminary economic assessment for the plan, called Project Fenix, was published in May last year, and calculated that a redevelopment will require $41-million for Phase 1 and $30-million for Phase 2. From year two, the redeveloped operation is expected to generate free cash flow of $12-million a year, producing an average of 47 000 GEO, at a cost of $598/oz and $797/oz for the first and second phases, respectively.

Meanwhile, McEwen reported that its Black Fox and Gold Bar mines had delivered a strong finish to the first quarter, after a “tough” start to the year.

Production at Black Fox, in Timmins, Ontario, was impacted by a six-week shutdown of a crushing plant at the Black Fox mine, owing to a fire. The mine produced 8 765 oz of gold in the quarter, 5 335 oz of which was produced in the month of March, resulting in the company achieving 93% of its budgeted production for the quarter.

The crusher has been repaired and is operating normally, McEwen reported on Tuesday, noting that the Black Fox mine’s guidance for the year remained unchanged at 50 000 oz.

At the Gold Bar mine, in central Nevada, the issues that pushed the start-up of commercial production from the first quarter to the second quarter have been resolved.

The first gold was poured in February, for a total of 2 052 oz for the quarter. McEwen, however, reduced its guidance by 10% as a result of the slower-than-expected startup, with its full-year target set at 50 000 oz.

At San Jose, in which McEwen has a 49% interest, attributable production was 10 559 oz of gold and 701 341 oz of silver, for total GEO production of 19 910. The Argentina-based mine should achieve its stated guidance of 92 000 GEO this year.

Edited by: Creamer Media Reporter


To subscribe email [e-mail] or click here

[boersentrader02]

Eine jährliche Produktion von ca. 205k gold equivalent ounces Gold ist ja eiingentlich eine Schande

dieses Goldfeld zu verkaufen.

Auf der anderen Seite kommnt es natürlich auch darauf an, was bringt ein Verlauf für eine Mine die 12 Jahre bis zu 200 k Goldunzen im equivalent mit Silber bringen kann ?



McEwen ponders sale of Mexican assets

Gold and silver producer McEwen Minin reports Q2 profits
El Gallo mine in Mexico, (Image courtesy of McEwen Mining)


El Gallo mine in Mexico, (Image courtesy of McEwen Mining)



McEwen Mining reported its first quarter results on April 9, along with the news that it is considering the sale of its Mexican assets. The net proceeds would be used to advance other development projects and retire a portion of the company’s debt.

The El Gallo heap leach complex in Sinaloa state produced 5,413 oz. of gold in Q1 2019. Gold is recovered from residual leaching of the heap. The processing plant underwent a small expansion during the quarter to boost efficiency and enable faster gold recovery.

McEwen is also studying the feasibility of complete redevelopment – the Fenix project – of El Gallo. The feasibility study examines the construction of a mill at El Gallo, an innovative method of in-pit tailings disposal, and feed sourcing from several deposits. Fenix carries a 12-year life of mine and annual production rate of 47,000 oz. of gold equivalent.

The company released 2019 guidance of 162,000 oz. of gold (up from 135,203 in 2018), 3.2 million oz. of silver (3.0 million). Using a ratio of 75:1 for gold to silver, that equates to 205,000 gold equivalent ounces (175,640).

(This article first appeared in the Canadian Mining Journal


http://www.mining.com/mcewen-ponders-sale-mexican-assets/

[newzealaender]

Interview mit Rob McEwen von der PDAC:

http://www.commodity-tv.net/c/mid,39181,PDAC_2019/?v=298900

[boersentrader02]

Ich bin darauf gespannt wann einer der etwas größeren Unternehmen die Hand nach McEwen ausstrecken

wird ? Denn dieser Sinkflug der Aktie kann eigentlich nicht normal sein. Da muss doch der Eine oder Andere an diesem Unternehmen Interesse zeigen, denn so billig bekommt er es ja nicht mehr wenn alles so laufen wird, wie Rob McEwen es heute ausgesprochen hat.

Das Unternehmen ist ja keine 450 Mill $ mehr wert und das bei einer Produktion in diesem Jahr 2019 von ca. 200k Unzen Gold. Und das geht in den kommenden Jahren so weiter.
Und das bedeuted, das McEwen ca. 240 bis 300 Mill $ im Jahr an Goldunzen verkauft.

Ob er das vielleicht im Kopf hat ? Das gesamte Unternehmen zu verkaufen ?




Rob McEwen: The Dust is Settling on Major Gold Deals — What’s Next?
Charlotte McLeod - April 22nd, 2019

Rob McEwen of McEwen Mining shares his thoughts on recent M&A activity in the gold space and what may happen moving forward.

The major theme in the gold space lately has been mergers and acquisitions (M&A), with big deals between top miners taking center stage.

Not all market participants view these transactions as positive, but Rob McEwen, chairman and chief owner of McEwen Mining (TSX:MUX,NYSE:MUX), is one executive who sees them as good for the industry.

Speaking via phone, he highlighted a number of reasons why he believes this is the case, with the fact that M&A activity could stoke interest from generalist investors rising to the top.

“It’s getting front page news on many forms of media,” he said. “What we were lacking in the industry was much exposure to the broad audience.”

The idea that the gold space needs more generalist investors is one that others have raised as well — and again, it’s not a point everyone agrees with. For McEwen, however, it’s a matter of simple math.

As he pointed out, the aggregate market cap of all the companies in the S&P 500 (INDEXSP:.INX) represents an estimated 80 percent of the value of all the public companies in the US.

“There’s only one gold stock in it, and I think the size of its market cap really reflects the level of interest by the American public, which is the largest single market for gold shares in the world,” he said.

“It gives you a sense of how few — how small the number of players are in the space.”

In some ways he doesn’t blame the average investor for not being interested in gold. “The general investor is looking and saying, ‘alright, the gold price is up maybe 23 percent since the beginning of 2016. The S&P is up about 42 percent, the Dow (INDEXDJX:.DJI) is up about 50 percent,'” he said.

But again, numbers are key. “The VanEck Vectors Gold Miners ETF (ARCA:GDX), which is a collection of seniors and intermediate gold stocks, is up over 60 percent. So it’s outperformed the S&P, it’s outperformed the Dow. But most people are oblivious to that factor.”

McEwen believes that with M&A now in the spotlight, outsiders will begin to realize that money is being made in gold right now among both juniors and seniors.

“Once that starts getting out, that people understand that you can make money in this sector again, we’re going to see a return,” he said.

Aside from that, McEwen sees a number of other benefits to M&A, including that deals are taking place at low premiums or at market, and that consolidation will bring operational improvements.

Speaking further about the latter, he pointed out that the deals completed so far have involved large companies taking over other large companies that have not been performing well.

“So perhaps we’ll see an improvement in [their] operations as a result of these companies being taken over. And that will reflect well in the industry going forward.”

The potential for property divestments could also be key moving forward. “There’s just a lot of properties that are thought to be coming on through [M&A between major miners]. They just want to sell. So I think it’ll be a buyer’s market for awhile for companies that want to buy properties.”

In terms of just how many properties could come available, McEwen noted that over the last several months big investment banks have listed over 20 that they think could come available.

For that reason, he believes that the story now will become less about major M&A moves and more about which companies scoop up the assets that eventually go on the market.

“The more exciting stories are probably going to be the junior and intermediate exploration and production stories. Where they have an opportunity to acquire some assets that will materially improve their production curve or their resources or their cash flow or all of that,” said McEwen.

While McEwen believes M&A activity could generate a slew of benefits, one deal he’s less positive on is Newmont Mining’s acquisition of Goldcorp. It closed this past week, creating a new company called Newmont Goldcorp (TSX:G,NYSE:GG).

McEwen, who founded Goldcorp in the 1990s, said that Goldcorp will “disappear under Newmont,” noting that the deal will move Goldcorp’s corporate heart from Vancouver to Denver and could jeopardize the support Goldcorp was giving to numerous initiatives in the mining industry.

“I suppose though I definitely would have liked to see Goldcorp continue much longer, grow larger and stronger, more profitable. But that’s not going to happen now.”

Of course, McEwen has moved on since his Goldcorp days and is now at the helm of McEwen Mining. And after a challenging first quarter involving a fire at the crusher used at the company’s Ontario-based Black Fox mine and a delay in declaring commercial production at the Gold Bar mine in Nevada, he believes operations are back on track.

“From 2017, 2018 we increased our production by 16 percent. And this year we’ll go from 176,000 ounces to 205,000 ounces, another increase of approximately 16 percent,” he said. “So after a challenging first quarter it’s looking much better.”

Aside from producing at Black Fox and Gold Bar, as well as at the San Jose mine in Argentina and the El Gallo project in Mexico, McEwen Mining will be spending $27 million on exploration in 2019.

Of that amount, $17 million will be spent in Ontario, $5 million will be allocated to Nevada and the remaining $5 million will be used in Argentina. “That gives us a lot of shots on goal,” said McEwen.

“At Black Fox we’re exploring not only in the mine, where we’ve had double and triple digit drill intercepts in terms of grams per tonne. We are going to be drilling on the surface there as well as going deep, because we’re only less than half the depth of a lot of the mines within the region,” he said.

Work at Gold Bar will focus on shallow surface oxide ores, although in the late summer the company will complete two deep holes to see if it can intercept the material Barrick Gold (TSX:ABX,NYSE:GOLD) has been hitting 25 miles away at its own Nevada operations.

In Argentina, McEwen Mining hopes to determine whether an alternative access route is viable for its Los Azules copper project. “There’s a lot of things to look forward to this year, lots of news,” said McEwen.

Don’t forget to follow us @INN_Resource for real-time news updates!

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.


https://investingnews.com/daily/resource-investing/precious-…

[TommyX11]

Ich weiß nicht, kann ich mir bei Rob nicht vorstellen.
Am 01.05 kommen die Zahlen, sollten noch negativ sein.

Mir kommt vor der Kerl macht was er will, im Positiven Sinne, schert sich nicht um aktuell gute publicity aber geht stur seinen Weg. Ist mir x-mal lieber als dieses PR Gequake.

Über die letzten Jahre wurden die AISC gesenkt, die Production capacity mehr als verdoppelt.

Da ich von steigenden Goldpreisen ausgehe sehe ich hier einen deutlichen Hebel.

[bigyawn]

McEwen loses $10.1-million (U.S.) in Q1

2019-04-30 16:52 ET - News Release

Mr. Rob McEwen reports
MCEWEN MINING REPORTS Q1 2019 RESULTS
McEwen Mining Inc. has released its first quarter results for the period ended March 31, 2019. Production during the quarter was 36,315 gold equivalent ounces(1) ("GEOs"). The operational challenges we experienced in the first two months of the quarter have largely been resolved. We made progress implementing better mining practices at the Black Fox mine and advanced towards commercial production at the Gold Bar mine. Nevertheless, the temporary production delays at Black Fox and a slower start-up at Gold Bar did lower our revenue in the first quarter, contributing to our consolidated net loss of $10.1 million (2), or $0.03 per share. Our consolidated production rebounded during the month of April with approximately 16,500 GEOs, and we are back on track to deliver our guidance for 2019.
The Company closed a registered direct offering of shares for gross proceeds of $25 million on March 29, 2019, and had cash, investments and precious metals of $40.3 million and $50 million in debt as of March 31, 2019.
Our quarter end conference call will occur on Wednesday, May 1st at 11am EDT. Details are provided below.
The table below provides production and cost results for the first quarter ended March 31, 2019, comparative results from last year, and production and cost guidance for the full year 2019.



Production and Costs
Q1 Full Year2019 Guidance
2018 2019
Consolidated Production
Gold (oz) 35,069 26,938 162,000
Silver (oz) 695,651703,219 3,225,000
GEOs(1) 44,344 36,315 205,000
San Jose Mine, Argentina (49%) (3)
Gold (oz) 10,822 10,559 49,000
Silver (oz) 692,052701,341 3,225,000
GEOs(1) 20,049 19,910 92,000
Cash Costs ($/GEO)(1)(4) 934 749 830
AISC ($/GEO)(1)(4) 1,148 1,115 1,060
El Gallo Mine, Mexico
GEOs(1) 12,217 5,432 13,000
Cash Costs ($/GEO)(1)(4) 691 967 875
AISC ($/GEO)(1)(4) 753 989 915
Black Fox Mine, Canada
GEOs(1) 12,078 8,943 50,000
Cash Costs ($/GEO)(1)(4) 849 805 905
AISC ($/GEO)(1)(4) 1,188 1,454 1,080
Gold Bar Mine, Nevada
GEOs(1) - (5) 50,000
Cash Costs ($/GEO)(1)(4) - - 930
AISC ($/GEO)(1)(4) - - 975

Notes:
1. Silver and gold production are presented as gold equivalent ounces (GEOs). GEOs approximate prevailing spot prices at the beginning of the year. The silver to gold ratio used for 2018 and 2019 is 75:1.
2. All amounts are reported in US dollars unless otherwise stated.
3. Represents the portion attributable to us from our 49% interest in the San Jose Mine.
4. Earnings from mining operations, total cash costs per ounce, all-in sustaining costs (AISC) per ounce, and cash, investments and precious metals are non-GAAP financial performance measures with no standardized definition under U.S. GAAP. See "Cautionary Note Regarding Non-GAAP Measures" for additional information, including definitions of these terms.
5. Pre-commercial production at Gold Bar during Q1 2019 was 2,030 GEOs.
For the SEC Form 10-Q Financial Statements and MD&A refer to: http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CI…
The table below provides financial highlights for the quarter ended March 31, 2019, and comparative results from last year.

Financial Highlights
Quarter Ended Mar 31, 2018 Quarter Ended Mar 31, 2019
Treasury
Cash, Investments and Precious Metals ($ millions)(4) 55.4 40.3
Working Capital ($ millions) 39.3 32.7
Debt (Term loan) ($ millions) nil 50.0
Earnings from Mining Operations (4)
Black Fox Mine ($ millions) 3.1 0.6
San Jose Mine (49%) ($ millions) 3.5 4.8
El Gallo Mine ($ millions) 12.4 2.0
Consolidated Net Income
Net Income (Loss) ($ millions) (5.2) (10.1)
Net Income (Loss) per Share ($) (0.02) (0.03)
Cash Flow
Net Cash Provided By (Used In) Operations Activities ($ millions) 6.2 (10.8)

Financing
We completed a registered direct offering in March 2019 for aggregate gross proceeds of $25 million, $3 million of which was subscribed for by insiders and is contingent on shareholders' approval at our upcoming Annual General Meeting on May 23, 2019. The offering was completed in order to fully fund our current mining projects and exploration prospects, and was required in part because of the deferral of revenue from Black Fox and Gold Bar during Q1.
San Jose Mine, Argentina (49%)
The mine is on-track to achieving our full year guidance for 2019 of 92,000 GEOs. Our attributable production from San Jose in Q1 was 10,559 gold ounces and 701,341 silver ounces, for a total of 19,910 GEOs, compared to 20,049 GEOs in 2018. Total cash costs and all-in sustaining costs (AISC) were $749 and $1,115 per GEO, respectively. We received approximately $2 million in dividends from our interest in San Jose during Q1.
El Gallo Mine, Mexico (100%)
Production and cost guidance for 2019 are for 13,000 GEOs at a cash cost and AISC of $875 and $915 per GEO, respectively. During Q1, the mine produced 5,432 GEOs, compared to 12,217 GEOs in 2018. Total cash costs and AISC were $967 and $989 per GEO, respectively. Mining ceased at El Gallo by the end of May 2018, and the mine continues to recover gold from residual leaching of the heap leach. During the quarter, the process plant underwent a small expansion to improve efficiency and enable faster gold recovery.
Fenix Project
During Q1, we spent $0.8 million on activities required to advance the Fenix Project. Work on the Fenix Project feasibility study and permitting is progressing. We expect the feasibility study to be complete in the second quarter of 2019 and permitting in the third quarter of 2019.
Black Fox Mine, Canada (100%)
Production and cost guidance for 2019 are for 50,000 GEOs at cash cost and AISC of $905 and $1,080 per GEO, respectively. During Q1, the mine produced 8,943 GEOs, compared to 12,078 GEOs in 2018. Total cash costs and AISC were $805 and $1,454 per GEO, respectively. AISC was elevated in Q1 due to higher underground development expenses incurred to open more mining areas, an investment that will position the mine for a strong second half of 2019.
Gold and silver production decreased in Q1 as a result of some temporary operational challenges. Beginning in January, the operation had difficulty accessing mineralized material within a working area, and subsequently a fire damaged the crushing plant operated by a contractor. These incidents caused eight weeks of delays in crushing and shipping mineralized material to the mill. Production has now returned to normal.
Our 2019 exploration budget for the Black Fox Complex is $17 million and includes surface and underground drilling. Surface drilling with seven drill rigs started in April, and we will begin announcing assay results in late May.
Gold Bar Mine, USA (100%)
The first gold ingot was poured at Gold Bar on February 16th. During Q1, pre-commercial production totalled 2,030 GEOs. Revised production and cost guidance for 2019 are for 50,000 GEOs at cash cost and AISC of $930 and $975 per GEO, respectively. We expect Gold Bar to achieve commercial production during the second quarter of 2019.
The ramp-up of production at Gold Bar is progressing and we are addressing commissioning challenges with the crushing and screening plants. Issues related to material handling have been resolved and the throughput of the ore handling and stacking system is increasing. Other aspects of the mine are performing as designed. Guidance has been revised from 55,000 to 50,000 GEOs as a result of the slower than expected start-up.
Los Azules Project, Argentina (100%)
We defined a new low altitude all-year access route (Northern access route) in Argentina during 2018. The route was explored by overland expedition during March 2019 and confirmed to be viable for access and also for the proposed electrical transmission line. Preliminary engineering, cost and schedule estimates are in progress. Additional evaluation studies on infrastructure have been ongoing.
During Q1, we spent $0.9 million on technical and environmental baseline monitoring work, to advance permitting efforts. We are targeting the submission of the Environmental Impact Assessment within the next twelve months and expect the Environmental Impact Declaration to be received during 2020.
Conference Call and Webcast
We invite you to join our conference call, where management will discuss our Q1 financial results and project developments and follow with a question and answer session. Questions can be asked directly by participants over the telephone or can be emailed in advance to [e-mail] . Please email questions prior to the start of the call.

Wednesday, May 1st, 2019 11:00 am EDTToll Free US & Canada:1 [phone]
Outside US & Canada: 1 [phone]
Conference ID Number: 7153978
Webcast Link: https://edge.media-server.com/m6/p/f9aq4wwd

An archived replay of the webcast will be available for one week after it takes place. Access the replay using the link https://edge.media-server.com/m6/p/f9aq4wwd or by calling [phone] (North America) / [phone] (International), Conference ID Number 7153978.
ABOUT MCEWEN MINING
McEwen has the goal to qualify for inclusion in the S&P 500 Index by creating a profitable gold and silver producer focused in the Americas. McEwen's principal assets consist of: the San Jose mine in Santa Cruz, Argentina (49% interest); the Black Fox mine in Timmins, Canada; the Fenix Project in Mexico; the Gold Bar mine in Nevada; and the large Los Azules copper project in Argentina, advancing towards development.
McEwen has approximately 360 million shares outstanding. Rob McEwen, Chairman and Chief Owner, owns 22% of the shares.
Reliability of Information Regarding San Jose
Minera Santa Cruz S.A., the owner of the San Jose Mine, is responsible for and has supplied to the Company all reported results from the San Jose Mine. McEwen Mining's joint venture partner, a subsidiary of Hochschild Mining plc, and its affiliates other than MSC do not accept responsibility for the use of project data or the adequacy or accuracy of this release.
Technical Information
The technical contents of this news release has been reviewed and approved by Chris Stewart, P.Eng., President & COO of McEwen Mining and a Qualified Person as defined by Canadian Securities Administrators National Instrument 43-101 "Standards of Disclosure for Mineral Projects."
We seek Safe Harbor.
© 2019 Canjex Publishing Ltd. All rights reserved.

[boersentrader02]

Und Rob hat weiteres Personal als Direktoren eingestellt.

McEwen Mining Announces Management Changes

TORONTO, May 6, 2019 - McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to announce two new management appointments. Meri Verli, PhD, CA, CPA, will be joining as the new Chief Financial Officer, replacing Andrew Elinesky who is departing the Company effective today; and Jack Henris will be joining as General Manager for Nevada effective today.

Rob McEwen, Chairman and Chief Owner, commented: “I’m pleased to welcome these two experienced and accomplished individuals to the team at McEwen Mining. We are moving forward with a strong management team, who is focused on operational excellence.”

Meri Verli

Meri has extensive experience as a senior financial executive, having held several management roles in the gold mining sector, including most recently as the CFO of PPX Mining Corp since October 2017, Senior VP Finance and Treasury at Kirkland Lake Gold until July 2017 and VP Finance at Lake Shore Gold for 9 years.

At Kirkland Lake Gold, Meri was part of the team that executed the transformational merger between Kirkland and Newmarket Gold creating a new +500,000 ounce per year gold producer in 2017. During her tenure at Kirkland Lake, Meri was instrumental in integrating the finance and treasury teams, policies and practices for the various acquired entities.

Meri was VP Finance at Lake Shore Gold until September 2016, where she provided senior financial planning and analysis support. She played a key role in cost reduction initiatives and in building the finance department and policies as Lake Shore Gold transitioned from a junior exploration company to a commercial gold producer with more than 600 employees and contractors.

Meri is a Chartered Professional Accountant, holds a PhD in Economic Sciences, a Bachelor of Geology and Engineering and a Bachelor of Economics from the University of Tirana, Albania.

Jack Henris

Jack is a senior executive with deep hands-on experience in the mining industry. He has a successful track record of driving cost reduction, increased production and safety improvement.

Jack brings over 30 years of experience, most recently as the Vice President of Mining and Geotechnical for Goldcorp. He has extensive experience in Nevada having worked at Newmont for 12 years and Barrick for 9 years. Prior to joining Goldcorp from 2013 to 2017, Jack held the position of General Manager at two large Newmont operations in Nevada, the Carlin Operation and Cripple Creek. Jack holds a BSc in Geological Engineering from the South Dakota School of Mines and Technology.

[Ramses21]

Antwort auf Beitrag Nr.: 60.464.420 von bigyawn am 01.05.19 15:54:07

Kann ich leben mit dem Verlust, solange die getätigten Ausgaben Sinnvoll waren und Gewinne in der Zukunft bringen. Mit Los Azules hat McEwen zudem ein großes Kupfer Projekt un der Pipeline.

[Ramses21]

Tödlicher Unfall auf der Gold Bar Mine. Könnte noch Mal günstiger werden die nächsten Tage die Aktie.

[bigyawn]

ORIGINAL: McEwen Mining Invites You to Both a Technical Session and the Annual Meeting

2019-05-14 16:27 ET - News Release

TORONTO, May 14, 2019 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) invites you to attend one or both events to be held in Toronto on May 23, 2019. Both events will be held at the address below, for participants who are not able to attend in person the Technical Information Session will be webcast live. Please RSVP to [e-mail] if you plan to attend in person.
Thursday, May 23, 2019

Vantage Venues, Garden Suite, 16th Floor
150 King Street West, Toronto, ON
M5H 1J9, Canada
Google Map
From 2:00 PM to 3:30 PM EDT
Technical Information Session
Where senior management will deliver detailed presentations about our mining operations, exploration projects, opportunities and goals for the rest of 2019. A brief Q&A session will follow. The technical presentation will be webcast live at:
http://www.smpav.ca/sign-in.php?ID=41439
At 4:00 PM EDT
Annual Meeting of Shareholders
The Annual Meeting presentation will take place following the Technical Information Session.
ABOUT MCEWEN MINING
McEwen has the goal to qualify for inclusion in the S&P 500 Index by creating a profitable gold and silver producer focused in the Americas. McEwen's principal assets consist of: the San José mine in Santa Cruz, Argentina (49% interest); the Black Fox mine in Timmins, Canada; the Fenix Project in Mexico; the Gold Bar mine in Nevada; and the large Los Azules copper project in Argentina, advancing towards development.
McEwen has approximately 360 million shares outstanding. Rob McEwen, Chairman and Chief Owner, owns 22% of the shares.
CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
This news release contains certain forward-looking statements and information, including "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements and information expressed, as at the date of this news release, McEwen Mining Inc.'s (the "Company") estimates, forecasts, projections, expectations or beliefs as to future events and results. Forward-looking statements and information are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, risks and contingencies, and there can be no assurance that such statements and information will prove to be accurate. Therefore, actual results and future events could differ materially from those anticipated in such statements and information. Risks and uncertainties that could cause results or future events to differ materially from current expectations expressed or implied by the forward-looking statements and information include, but are not limited to, factors associated with fluctuations in the market price of precious metals, mining industry risks, political, economic, social and security risks associated with foreign operations, the ability of the corporation to receive or receive in a timely manner permits or other approvals required in connection with operations, risks associated with the construction of mining operations and commencement of production and the projected costs thereof, risks related to litigation, the state of the capital markets, environmental risks and hazards, uncertainty as to calculation of mineral resources and reserves, and other risks. The Company’s dividend policy will be reviewed periodically by the Board of Directors and is subject to change based on certain factors such as the capital needs of the Company and its future operating results. Readers should not place undue reliance on forward-looking statements or information included herein, which speak only as of the date hereof. The Company undertakes no obligation to reissue or update forward-looking statements or information as a result of new information or events after the date hereof except as may be required by law. See McEwen Mining's Annual Report on Form 10-K for the fiscal year ended December 31, 2018 and other filings with the Securities and Exchange Commission, under the caption "Risk Factors", for additional information on risks, uncertainties and other factors relating to the forward-looking statements and information regarding the Company. All forward-looking statements and information made in this news release are qualified by this cautionary statement.
The NYSE and TSX have not reviewed and do not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management of McEwen Mining Inc.


CONTACT INFORMATION:


Mihaela Iancu
Investor Relations
(647)-258-0395 ext 320
[e-mail]





Website: www.mcewenmining.com

Facebook: facebook.com/mcewenrob

Twitter: twitter.com/mcewenmining

Instagram: instagram.com/mcewenmining




150 King Street West
Suite 2800, P.O. Box 24
Toronto, Ontario, Canada
M5H 1J9
(866)-441-0690



© 2019 Canjex Publishing Ltd. All rights reserved.

[Ramses21]

Antwort auf Beitrag Nr.: 60.560.139 von Ramses21 am 14.05.19 06:17:53

Der Unfall war nach der Untersuchung nicht einem Fehler der Mine sondern durch ein gesundheitliches Problem entstanden.

[bigyawn]

ORIGINAL: McEwen Mining Declares Commercial Production at the Gold Bar Mine

2019-05-23 06:00 ET - News Release

TORONTO, May 23, 2019 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to declare that commercial production has been achieved today at the Gold Bar Mine, Nevada, USA.
Highlights:
The Gold Bar Mine has achieved commercial production during Q2 as planned.
Jack Henris, General Manager of Nevada, has recently joined McEwen to drive operational improvement. Jack has over 30 years of experience, most recently as the Vice President of Mining and Geotechnical at Goldcorp. He has extensive mine management experience in Nevada, having worked at Newmont for 12 years and Barrick for 9 years.
Gold recoveries from the heap leach are tracking well compared to the Feasibility Study design criteria. Production is steadily increasing since our first gold pour on February 16th, as more ore is placed on the heap leach pad.
2019 production guidance is 50,000 gold ounces at an AISC of $975 per oz.
Chris Stewart, President and Chief Operating Officer, commented: “The Gold Bar Mine is performing as designed. This summer we will be making modifications to the ore crushing and stacking system to mitigate the impact of challenging winter weather like we had in 2018/2019, which was the wettest winter ever recorded in the United States. Under the leadership of our new General Manager Jack Henris, our team at Gold Bar is focused on identifying and implementing operational enhancements to increase our daily throughput. I’m pleased to see that the mine has operated at 125% of our planned 7,200 tons per day production rate on several days during the past month.”
ABOUT MCEWEN MINING
McEwen Mining is a diversified gold and silver producer with operating mines in Nevada, Canada, Mexico and Argentina. It also owns a large copper deposit in Argentina. McEwen has the goal to qualify for inclusion in the S&P 500 Index by creating a profitable gold and silver producer focused in the Americas.
McEwen has approximately 360 million shares outstanding. Rob McEwen, Chairman and Chief Owner, owns 22% of the shares.
QUALIFIED PERSON
The technical contents of this news release have been reviewed and approved by Chris Stewart, P. Eng., President & COO of McEwen Mining and a Qualified Person as defined by Canadian Securities Administrators National Instrument 43-101 "Standards of Disclosure for Mineral Projects."
CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
This news release contains certain forward-looking statements and information, including "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements and information expressed, as at the date of this news release, McEwen Mining Inc.'s (the "Company") estimates, forecasts, projections, expectations or beliefs as to future events and results. Forward-looking statements and information are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, risks and contingencies, and there can be no assurance that such statements and information will prove to be accurate. Therefore, actual results and future events could differ materially from those anticipated in such statements and information. Risks and uncertainties that could cause results or future events to differ materially from current expectations expressed or implied by the forward-looking statements and information include, but are not limited to, factors associated with fluctuations in the market price of precious metals, mining industry risks, political, economic, social and security risks associated with foreign operations, the ability of the corporation to receive or receive in a timely manner permits or other approvals required in connection with operations, risks associated with the construction of mining operations and commencement of production and the projected costs thereof, risks related to litigation, the state of the capital markets, environmental risks and hazards, uncertainty as to calculation of mineral resources and reserves, and other risks. The Company’s dividend policy will be reviewed periodically by the Board of Directors and is subject to change based on certain factors such as the capital needs of the Company and its future operating results. Readers should not place undue reliance on forward-looking statements or information included herein, which speak only as of the date hereof. The Company undertakes no obligation to reissue or update forward-looking statements or information as a result of new information or events after the date hereof except as may be required by law. See McEwen Mining's Annual Report on Form 10-K for the fiscal year ended December 31, 2018 and other filings with the Securities and Exchange Commission, under the caption "Risk Factors", for additional information on risks, uncertainties and other factors relating to the forward-looking statements and information regarding the Company. All forward-looking statements and information made in this news release are qualified by this cautionary statement.
The NYSE and TSX have not reviewed and do not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management of McEwen Mining Inc.





CONTACT INFORMATION:









Mihaela Iancu

Website:www.mcewenmining.com

150 King Street West
Investor Relations



Suite 2800, P.O. Box 24
[phone] ext 320

Facebook:facebook.com/mcewenrob

Toronto, ON, Canada
[e-mail]



M5H 1J9


Twitter:twitter.com/mcewenmining









Instagram:instagram.com/mcewenmining









© 2019 Canjex Publishing Ltd. All rights reserved.

[bigyawn]

ORIGINAL: McEwen Mining Exploration Produces Rich Gold Results at Black Fox

2019-05-23 06:20 ET - News Release

Key intercepts include:
34.77 g/t Auover 2.65 m (1.12 opt* Au over 8.69 ft.)
396.46 g/t Auover 1.81 m (12.75 opt Au over 5.94 ft.)
245.55 g/t Auover 1.27 m (7.89 opt Au over 4.17 ft.)
30.64 g/t Au over 2.99 m (0.99 opt Au over 9.81 ft.)
51.50 g/t Auover 0.95 m (1.66 opt Au over 3.12 ft.)
TORONTO, May 23, 2019 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is delighted to report rich gold assay results from its Black Fox Mine near Timmins, Ontario, Canada.

Sylvain Guerard, Senior Vice President Exploration, commented: “For a mine with a history of producing 5 g/t gold, these drill assay results are very encouraging. These results highlight the significant potential of our exploration to extend the mine life at Black Fox and improve its profitability. Our geologists are building an improved geologic model of the Black Fox deposit that should allow us to grow our resources through near-mine exploration and enable more effective mine planning. We have a large and exciting year of exploration ahead of us.”
During Q1, drilling focused on expanding known mineralized trends in proximity to existing mining areas: 1) laterally along the Mine’s Western Flank and Central Mine, and 2) down-plunge at the Deep Central Zone below the 820 m level (see Figure 1).
Western Flank
Drilling in the Western Flank area was designed to assess the economic potential of several Quartz-Carbonate stockwork vein systems occurring adjacent to the western extents of historic mining blocks within the 335-355 m Level, and to follow-up on an isolated historical high-grade hit of 3,884 g/t Au over 0.4 m(124.9 opt Au over 1.3 ft.) core length (CL). Significant intercepts of high-grade gold mineralization include (see Table 1):
34.77 g/t Auover 2.65 m estimated true width (TW) from Hole # 300-EX007-08;

396.46 g/t Auover 1.81 mTW including 1,175.00 g/t Au over 0.6 m TW from Hole #300-EX012-26 (see photo on Figure 2);

245.55 g/t Auover 1.27 mTW including 402.00 g/t Au over 0.77 m TW from Hole #300-EX006-16.
Central Mine
Drilling in the Central Mine area occurred from a staging point within the centrally-located 740 m Level development (see Figure 1). This campaign was initiated in order to increase confidence in the dimensions and continuity of gold mineralization, associated with the complex network of veining interpreted as the down-plunge extension of the High-Quartz vein, between the 640-700 m Level. Several encouraging intercepts were reported, including:
30.64 g/t Au over 2.99 m TW from Hole #740-L272-16 was very encouraging interval made up of 8 consecutive 1-metre samples (composited to 8 m CL).
Deep Central Zone
The first phase of the exploration tunnel on the 810 m Level of the Mine is now complete, and is providing a suitable drilling platform to target the deposit at depth, below existing development at the 820 m Level. Several encouraging intercepts have been returned from seven drill holes completed including high-grade results:
51.50 g/t Auover 0.95 m TW from Hole #810-EX252-07;

6.61 g/t Auover 3.66 m TW in a series of quartz stringers in Hole #810-EX252-08;

23.40 g/t Au over 0.99 m TW from Hole #810-EX252-06.
Additional step-out drilling in the Deep Central Ore Zone is planned for the second quarter.
Table 1 – 2018-2019 Black Fox Underground Drilling Results
HOLE-ID
From (m)

To (m)

Length (m)
True Width (m)
Au (g/t)

Area
300-EX006-16
189.00

190.65

1.65
1.27
245.55

Western
Including
189.00

190.00

1.00
0.77
402.00


300-EX007-02
208.10

210.00

1.90
1.08
10.76

Western
Including
208.10

209.00

0.90
0.51
18.90


300-EX007-08
173.00

176.00

3.00
2.65
34.77

Western
Including
175.00

176.00

1.00
0.88
98.40


300-EX012-26
180.00

183.00

3.00
1.81
396.46

Western
Including
180.00

181.00

1.00
0.60
1175.00


Including
182.00

183.00

1.00
0.60
14.20


300-EX012-28
195.08

197.02

1.94
1.06
32.56

Western
And
205.10

208.22

3.12
1.67
3.76


300-EX012-30
172.00

173.10

1.10
0.59
12.60

Western
And
211.00

212.00

1.00
0.54
16.50


330-L528-210
103.00

104.33

1.33
1.20
13.10

Western
Including
104.00

104.33

0.33
0.30
26.93


330-L528-212
115.00

116.00

1.00
0.95
10.83

Western
And
123.00

126.00

3.00
2.84
9.75


Including
124.00

125.00

1.00
0.95
13.67


335-L030-06
208.00

208.60

0.60
0.49
48.40

Western
490-L094-106
246.00

250.35

4.35
3.42
5.38

Central
Including
246.00

246.70

0.70
0.55
13.17


And
261.00

263.00

2.00
1.57
6.31


490-L094-108
206.00

207.00

1.00
0.89
9.68

Central
490-L094-115
82.00

87.00

5.00
3.54
3.32

Central
And
261.00

262.00

1.00
0.75
9.14


520-L650-02
219.80

221.60

1.80
1.31
14.82

Central
680-L128-01
176.00

182.00

6.00
2.84
4.92

Central
680-L128-03
197.00

199.00

2.00
0.90
4.50

Central
680-L128-04
154.70

157.25

2.55
2.16
3.93

Central
680-L128-07
185.00

188.00

3.00
1.36
3.01

Central
740-L272-04
145.70

151.00

5.30
3.03
6.35

Central
740-L272-07
132.00

134.45

2.45
0.95
12.91

Central
Including
134.12

134.45

0.33
0.13
84.17


740-L272-08
123.00

124.00

1.00
0.47
11.10

Central
740-L272-16
162.00

170.00

8.00
2.99
30.64

Central
Including
169.00

170.00

1.00
0.37
231.37


740-L272-18
101.00

102.00

1.00
0.49
38.73

Central
810-EX251-03
168.10

169.00

0.90
0.81
13.30

Deep Central
810-EX252-06
155.00

156.00

1.00
0.99
23.40

Deep Central
810-EX252-07
178.00

179.00

1.00
0.95
51.50

Deep Central
810-EX252-08
176.50

180.50

4.00
3.66
6.61

Deep Central
Including
176.50

177.30

0.80
0.73
12.90


Including
178.00

178.80

0.80
0.73
10.80












Figure 1: Black Fox Exploration and Delineation Drilling
http://mcewenmining.com/files/doc_news/archive/20190523_bf/f…
Figure 2: Selected Core Photos
http://mcewenmining.com/files/doc_news/archive/20190523_bf/f…
ABOUT MCEWEN MINING
McEwen Mining is a diversified gold and silver producer with operating mines in Nevada, Canada, Mexico and Argentina. It also owns a large copper deposit in Argentina. McEwen’s goal is to qualify for inclusion in the S&P 500 Index by creating a profitable gold and silver producer focused in the Americas.
McEwen has approximately 360 million shares outstanding. Rob McEwen, Chairman and Chief Owner, owns 22% of the shares.
QUALIFIED PERSON

Technical information pertaining to geology and exploration contained in this news release has been prepared under the supervision of Ken Tylee, P.Geo. Mr. Tylee is a "qualified person" within the meaning of NI 43-101.
TECHNICAL INFORMATION
*Grams per tonne (g/t) converted to Troy ounces per tonne (opt) at ratio 31.1035 to 1. Widths reported in meters (m) and feet (ft.). Au is the periodic table symbol for gold.
All exploration drill core samples at the Black Fox Complex were submitted as 1/2 core. Analyses reported herein were performed by the independent laboratories: ALS Laboratories, which is ISO 9001/IEC17025 certified, Activation Labs, which is ISO 9001/IEC17025 certified, and SGS Canada Laboratories, which is ISO9001/IEC17025 certified. McEwen’s quality control program includes systematic insertion of blanks, standard reference material and duplicates to ensure laboratory accuracy.
To determine the lengths of significant mineralized intervals, the following composite criteria was established: a minimum reportable interval length of 3 m was determined by establishing a cut-off grade of 3g/t gold for underground (1 g/t gold for near surface). A consecutive maximum length of 3 m of internal waste, including sub cut-off grade material, is allowed and incorporated into the reported composites. Where an interval of less than 3 m is considered, if the grade x length calculation is greater than 9 (3 for surface), it may be reported. There is no top cutting or capping of assays.
For further details about the Black Fox Complex project including Tamarack, please see our NI 43-101 technical report titled "Technical Report for the Black Fox Complex, Canada" dated April 6th, 2018 with an effective date of October 31st, 2017 available on SEDAR (www.sedar.com) under our issuer profile.
CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
This news release contains certain forward-looking statements and information, including "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements and information expressed, as at the date of this news release, McEwen Mining Inc.'s (the "Company") estimates, forecasts, projections, expectations or beliefs as to future events and results. Forward-looking statements and information are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, risks and contingencies, and there can be no assurance that such statements and information will prove to be accurate. Therefore, actual results and future events could differ materially from those anticipated in such statements and information. Risks and uncertainties that could cause results or future events to differ materially from current expectations expressed or implied by the forward-looking statements and information include, but are not limited to, factors associated with fluctuations in the market price of precious metals, mining industry risks, political, economic, social and security risks associated with foreign operations, the ability of the corporation to receive or receive in a timely manner permits or other approvals required in connection with operations, risks associated with the construction of mining operations and commencement of production and the projected costs thereof, risks related to litigation, the state of the capital markets, environmental risks and hazards, uncertainty as to calculation of mineral resources and reserves, and other risks. The Company’s dividend policy will be reviewed periodically by the Board of Directors and is subject to change based on certain factors such as the capital needs of the Company and its future operating results. Readers should not place undue reliance on forward-looking statements or information included herein, which speak only as of the date hereof. The Company undertakes no obligation to reissue or update forward-looking statements or information as a result of new information or events after the date hereof except as may be required by law. See McEwen Mining's Annual Report on Form 10-K for the fiscal year ended December 31, 2018 and other filings with the Securities and Exchange Commission, under the caption "Risk Factors", for additional information on risks, uncertainties and other factors relating to the forward-looking statements and information regarding the Company. All forward-looking statements and information made in this news release are qualified by this cautionary statement.
The NYSE and TSX have not reviewed and do not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management of McEwen Mining Inc.
CONTACT INFORMATION:


Mihaela Iancu
Investor Relations
(647)-258-0395 ext 320
[e-mail]


Website: www.mcewenmining.com

Facebook: facebook.com/mcewenrob

Twitter: twitter.com/mcewenmining

Instagram: instagram.com/mcewenmining
150 King Street West
Suite 2800, P.O. Box 24
Toronto, ON, Canada
M5H 1J9



© 2019 Canjex Publishing Ltd. All rights reserved.

[TommyX11]

Super Bohrergebnisse, 396.46 g/t Auover 1.81 m ist schonmal eine Ansage, mal sehen wie weit er MUX treiben wird....

[Ramses21]

Antwort auf Beitrag Nr.: 60.639.678 von TommyX11 am 23.05.19 17:08:23

Diese Ergebnisse werden komplett verpuffen. Aktuell will keiner die Aktie haben. Man braucht halt Zeit. Aber nach unten kann es nicht mehr weit gehen.

[boersentrader02]

McEwen Mining hat die wirtschaftliche Produktion auf dem Goldfeld &quot;Gold Bar&quot; ab gestern,

. . . dem 23.5.2019, begonnen.


Für dieses Jahr sind 50.000 Unzen geplant . Für die folgenden Jahre ca 65k Unzen.

Und was macht der Kurs ? Bisher ignoriert es das. Aber sobald die ersten Meldungen von der gesamten Goldunzen-Produktion von McEwen Mining veröffentlicht werden, wird es wieder zu den alten Kursen kommen.
Ich gehe daavon aus, dass das bald, noch in diesem Jahr, sein wird. Für die doch leidgeprüften Kleinanleger werden dann wieder "Goldene Zeiten" anfangen. Oder aber auch nicht, wer weiß das schon jetzt ?


McEwen kicks off commercial production at Gold Bar in Nevada
Cecilia Jamasmie | about 17 hours ago |


Black Fox gold mine near Timmins, Ontario. (Image courtesy of McEwen Mining.)

Canadian precious metals producer McEwen Mining (TSX, NYSE:MUX) said Thursday it had begun commercial production at its Gold Bar project in Nevada, US, which is expected to generate 50,000 bullion ounces this year.

The Toronto-based miner also said Jack Henris will be in charge of operations. Henris has years of experience in mine management, having worked at Newmont for 12 years and at Barrick for nine. Most recently, he held the vice president of mining and geotechnical position at Goldcorp.
" The company says production at Gold Bar has been steadily increasing since the first gold pour in February, and forecasts output of 50,000 ounces, at an all-in sustaining cost of $975/oz. for 2019"

Gold Bar is located in the southern Roberts Mountains within the Battle Mountain-Eureka-Cortez gold trend, about 48km (30 miles) northwest of Eureka, central Nevada, and covers an area of 97 sq. km (37 square miles) contained in 1,196 claims.

The property was previously mined from 1987 to 1994 by Atlas Precious Metals Inc., and the permitting process for McEwen’s project began in 2012.

President and chief operating officer, Chris Stewart, said the company plans to begin modifying the ore crushing and stacking system this summer to mitigate the impact of challenging winter weather like the 2018/2019, which was the wettest winter ever recorded in the US.

Once at full-tilt production, the open-pit mine is expected to generate 65,000 ounces of gold annually over an eight-year mine life.

Sustained growth

Over the past four years, founder Rob McEwen — one of the gold’s industry’s best-known bulls — has been aggressively working on expanding the company, which already has producing mines in Mexico, Argentina and most recently in Ontario, Canada.

His goal is to take McEwen Mining to Standard & Poor's 500 Index, which groups the 500 largest companies that list either in the NYSE or NASDAQ.

The Canadian resources magnate aims to get there through a combination of organic growth in production, as well as mergers and acquisitions.
"McEwen's priority this year is advancing exploration at its Timmins, Ontario, properties"

In 2017, McEwen acquired junior exploration company Lexam VG, which gave it access to mineral properties in advanced exploration stage in the heart of Timmins Gold Camp, northern Ontario. Later that year, it completed the acquisition of Black Fox mine and, by December, it announced it was speeding up exploration activities at its newly acquired properties near Timmins.

In January, McEwen said exploration at its Timmins properties would be a priority for the company in 2019, adding that it had set aside C$20 million for that purpose.

The miner recently conducted a drilling program on the Black Fox property with the intention of expanding known mineralized trends near existing mining areas.

They expanded laterally, along the Black Fox Mine’s western flank and central mine and down-plunge at the Deep Central Zone below the 820-metre level.

“For a mine with a history of producing 5 grams per tonne of gold, these drill assay results are very encouraging. These results highlight the significant potential of our exploration to extend the mine life at Black Fox and improve its profitability,” Sylvain Guerard, McEwen’s senior vice-president of exploration, said in a separate release.

McEwen also noted that results of drilling at Grey Fox, an exploration property located within the Black Fox area, suggests a new mineralization.

http://www.mining.com/mcewen-kicks-off-commercial-production…

[boersentrader02]

McEwen hat eine neue Präsentation am 23.5. 2019 veröffentlicht. Hier ist sie.

Presentation & Fact Sheet

May 23, 2019
McEwen Mining AGM Technical Session

https://www.mcewenmining.com/investor-relations/presentation…

Es handelt sich bei dieser Präsentation um eine 99-seitige Ausgabe die sehr viele Informationen hergibt.

[boersentrader02]

Hier ist die Annual Meeting of Shareholders, from May 23, 2019 auf youtube

webcast mcewen 2019 05 23 41439 video

Annual Meeting of Shareholders, May 23, 2019

[marstru]

Dass Robert McEwen ein Händchen für das Mining Geschäft hat, beweisst er immer wieder. Sein Deal mit Great Bear Resources scheint voll aufzugehen. Auch mit Black Fox hat er meiner Meinung nach einen Super Geschäft für McEwen Mining gemacht. Die Performance von MUX ist natürlich traurig.
Ich glaube aber an bessere Zeiten und habe Montag nochmal nachgekauft.

[iam57]

..heute, auch hier mal 8000 zu 1,205. Irgendwann kommen sie wieder bei den Minen...die 200-300%.

[iam57]

...geht doch.

[Ramses21]

Antwort auf Beitrag Nr.: 60.694.877 von marstru am 29.05.19 22:36:23

Nur dem Kurs hilft es seit Jahren nicht kontinuierlich zu steigen.

[boersentrader02]

Nach diesem Bericht sieht es ja garnicht so schlecht aus. Allerdings muss nur noch das Gold mächtig im Preis

steigen. Und Trump wird schon dafür sorgen.



b]McEwen Mining: Mid-Tier Gold And Silver Producer[/b]
Jun. 5, 2019 8:24 AM ET
|
About: McEwen Mining Inc. (MUX)
Don Durrett

200,000 oz. gold equivalent producer (including silver).

Four gold and silver producing mines in good locations.

Good management team.

Some risk with high all-in costs.

I am always looking for quality mid-tier producers with a good entry price that provides significant upside potential. McEwen Mining currently fits that profile.

Of course, the entry price is only one data point that I check. I also look for red flags in several areas. For McEwen Mining, their only significant flag is their high production costs. They are currently losing money at $1,300 gold prices, although their break-even price could be lower if they curtailed exploration and development ($27 million budget). They also have about $50 million in debt, which could hamper their share price if gold prices drop.

I do not consider McEwen Mining to be a high-risk stock at this time because of their ability to sell assets and raise money by issuing stock. With only $50 million in debt, they have to fall quite a bit to be at risk of bankruptcy. This is a company I expect to be around for a long time. The CEO, Rob McEwen, owns 22% of the stock and is still relatively young. He founded Goldcorp and is one of the best managers in the business. This is his company and I expect him to build it into a Major.
Project Information

McEwen Mining has four operating mines in Canada, Nevada, Mexico, and Argentina. In 2019, they will produce about 200,000 oz. of gold equivalent. Currently, they are losing money with all-in costs around $1,300 per oz. They expect those costs to drop in 2020 and to become profitable again. For their market cap, their resources are not that large if you exclude the gold and silver from their Los Azules project, which is really a copper mine. Without Los Azules, they only have about 8 million oz. of gold equivalent (including silver). However, they do have considerable exploration potential on their properties. I don’t think their resources will restrict their growth.

Their El Gallo property (500,000 acres in Mexico) has 9 gold discoveries, 1 producing mine, and 2 others under development. They are working on a feasibility study for Fenix that will add 45,000 oz. of annual production for 12 years. They recently said that they are considering selling this property, which was a surprise. They also have several other excellent properties. They recently bought the Black Fox property (1.2 million oz. at 5 gpt) in Canada from Primero Gold at a fire sale price. This property has recently been producing excellent drill results.

Gold Bar in Nevada began producing in 2018 and is ramping up to 80,000 oz. of annual production in 2020. San Jose in Argentina is gold/silver mine producing about 45,000 oz. of gold equivalent. The Los Azules property in Argentina is a large copper project with 20 billion lbs. of copper and a $2.4 billion capex. It is economic with significant gold and silver offsets. They are looking for a JV partner and I expect it to get built. It is one of the better copper projects that I have come across.
Management

They have an excellent management team. The CEO, Rob McEwen, founded Goldcorp and built into a Major. He owns 22% of the stock, and is one of the best miners in the business. This is his company and I expect him to build it into a Major.
Balance Sheet

Their balance sheet is okay with $36 million in cash and $50 million in debt. They have an aggressive budget of $27 million in 2019 and expects to lose money if gold is below $1350, so their balance sheet will weaken in 2019.

https://seekingalpha.com/article/4268388-mcewen-mining-mid-t…

[Ramses21]

Gestern wurden wieder mal € 1,40 in Deutschland bezahlt. Es geht mit kleinsten Schritten vorwärts, aber man braucht hier Geduld wie ein Esel.

[Onlyaguy]

was wir hier brauchen und für die Zukunft entscheidend wird, sind positive Bohrergebnisse die in Blackfox und Goldbar neue in der Tiefe liegende hohe Deposits aufweist.. das ist das, auf was McEwewn wettet und dann damit eine Neubewertung eintritt wie bei Goldcorp..
Also lasst uns hoffen das die Nase von ihm genauso viel Gold wert ist wie das was da im Boden steckt..

[Onlyaguy]

ambitioniertes Ziel MarketCap of 5Mrd $

http://www.commodity-tv.net/eplayer/teaser/videos.php/videos…

[Ramses21]

Antwort auf Beitrag Nr.: 60.804.352 von Onlyaguy am 14.06.19 08:11:53

Oder einfach nur höhere Goldkurse

[Onlyaguy]

Antwort auf Beitrag Nr.: 60.873.429 von Ramses21 am 23.06.19 23:36:00

Die helfen natürlich auch.. aber für die gezielte Bewertung von 5Mrd Dollar wird auch der bei der aktuellen Situation nicht ausreichend sein.. da braucht es schon ein bissl mehr Futter oder eben einfach Goldreserven 🙃😉

[Ramses21]

Antwort auf Beitrag Nr.: 60.875.433 von Onlyaguy am 24.06.19 10:40:36

Los Azules wird zu einem ordentlichen Anstieg führen. Aber hierzu muss das Projekt verwirklicht werden.

[TommyX11]

Ich hab meine Position noch etwas vergrößert, der große Hinderungsgrund war die Geldverbrennung im letzten Jahr, hat mMn auch den Abwärtstrend des Kurses erklärt.
Im März gabs einen 25MUSD Zuschuss was die Cash Position deutlich verbesserte. Weiters wurde 2018 kein Geld mehr verbrannt, somit sollte das Thema für eine Weile erledigt sein.

Somit bin ich gespannt auf die weiteren Aktivitäten, Rob ist sicherlich kein Guru wie von vielen erklärt, aber er hat definitiv Erfahrung und es schadet nie wenn jemand so etwas als sein Lebenswerk sieht.

[bigyawn]

McEwen appoints Woolfenden VP, Spears changes roles

2019-07-08 18:13 ET - News Release

Mr. Rob McEwen reports
MCEWEN MINING ANNOUNCES MANAGEMENT ADDITIONS
McEwen Mining Inc. has made two new management appointments. Steven Woolfenden will be joining as vice-president of environment and community affairs, and Stefan Spears is changing roles to become vice-president of corporate development.
Mr. Woolfenden
Mr. Woolfenden has over 20 years of experience in environmental sciences and 10 years experience navigating complex environmental approvals and permitting for mining projects, both in Canada and abroad. He is a biologist with experience working in government for 10 years (Fisheries and Oceans Canada and the Canadian Environmental Assessment Agency) prior to entering the private sector. In his previous role with Iamgold Corp. for the past seven years, he was responsible for oversight of environmental matters and worked to build effective relationships with regulatory authorities, aboriginal peoples, stakeholders and local communities.
Mr. Woolfenden has secured many favourable outcomes for stakeholders over the years, and prides himself on building strong sustainable frameworks based on mutual respect, science-based assessments and technology-driven monitoring. The company welcomes Ms. Woolfenden to this new management position at McEwen.
Mr. Woolfenden commented: "I am excited to be joining McEwen Mining because I believe my experience in leading permitting efforts will allow me to make a positive contribution to the organic growth of the company. The desire of the McEwen team to look for innovative solutions to problems also attracted me, as I am always on the lookout for opportunities to improve our environmental aptitude and speed up the regulatory process."
Mr. Woolfenden holds a BSc degree in biological sciences from the University of Guelph.
Mr. Spears
Mr. Spears has worked with McEwen and its predecessor companies since 2005. In 2008, he was appointed vice-president of projects with leadership over the company's U.S.-based portfolio of assets, particularly the early development of the Gold Bar mine from exploration to resource growth to prefeasibility and permitting. From 2012 to 2015, Mr. Spears started and later sold a successful manufacturing enterprise outside the mining sector. In 2015, Stefan rejoined McEwen to work collaboratively across many departments and initiatives, including addressing market-related challenges, technical problem solving, the acquisition of Black Fox and corporate finance needs.
During his 15-year carrier in mining, Mr. Spears has been involved in numerous mergers, acquisitions and financings. His primary responsibility in his new position will be to implement the chosen corporate growth strategy, streamline the company's existing portfolio of projects, and support corporate communications and investor relations.
"McEwen Mining has every element needed to succeed, notably; great projects, experienced and hard-working management, and supportive stakeholders. I'm privileged to be able to work in such an environment and excited by what challenges the next phase of growth will entail," said Mr. Spears.
Mr. Spears holds a BSc in civil engineering from Queen's University in Kingston.
About McEwen Mining Inc.
McEwen Mining is a diversified gold and silver producer with operating mines in Nevada, Canada, Mexico and Argentina. It also owns a large copper deposit in Argentina. McEwen's goal is to qualify for inclusion in the S&P 500 Index by creating a profitable gold and silver producer focused in the Americas.
Rob McEwen, chairman and chief owner, owns 22 per cent of the company's shares.
We seek Safe Harbor.
© 2019 Canjex Publishing Ltd. All rights reserved.

[iam57]

Antwort auf Beitrag Nr.: 60.984.962 von bigyawn am 09.07.19 13:55:23

Rob, macht das schon richtig. Top Leute an BOARD.👍

[boersentrader02]

Das sind ja wohl Ergebnisse die sich sehen lassen können. Und das wird uns allen gut tuen.

McEwen Mining Exploration Drives a Potential New Source of Production





Results from the 147NE Target further define new near surface mineralization, drilling highlights include:


33.0 g/t gold over 3.14 m (1.06 opt gold over 10.3 ft)


95.2 g/t gold over 0.82 m (3.06 opt gold over 2.7 ft)


47.4 g/t gold over 1.08 m (1.52 opt gold over 3.5 ft)


23.0 g/t gold over 1.80 m (0.74 opt gold over 5.9 ft)


3.4 g/t gold over 36.78 m (0.11 opt gold over 120.7 ft)


Key observations:

•The 147NE Target extends from surface to 250 m (820 ft) and is potentially accessible via a ramp from surface;


•Mineralization widens significantly up to 36 m (118 ft) in areas where structures intersect volcanic flows, with narrow higher grades encountered throughout the intersections;


•The 147NE Target is in close proximity to three other deposits in the Grey Fox Area. A study is underway to evaluate the economics of mining these deposits and targets via a central underground ramp system.


https://mailchi.mp/mcewenmining/mcewen-mining-exploration-dr…

[iam57]

Antwort auf Beitrag Nr.: 60.999.704 von boersentrader02 am 10.07.19 23:07:41

..schon mal sehr Positiv, jetzt brauchen sich nur noch die Preise zu Stabilisieren und noch ein wenig hoch Fahren, dann geht es ab.

[bigyawn]

ORIGINAL: McEwen Mining Reports Q2 2019 Production Results

2019-07-17 06:15 ET - News Release

TORONTO, July 17, 2019 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) reports consolidated production for Q22019 of 36,216 gold ounces and 850,525 silver ounces, or 45,881 gold equivalent ounces(1) (“GEOs”) using the average gold:silver price ratio during Q2 of 88:1. Our San José and El Gallo mines, which accounted for 62% our total gold and silver production in Q2, exceeded our targets. Our other two operations, the Gold Bar and Black Fox mines, performed better than in Q1, but below our forecast. Looking ahead, our production guidance for the year 2019 has been reduced by 6% for gold and is unchanged for silver. On a gold equivalent basis, silver is forecast to represent 20% of our 2019 consolidated production of 190,000 GEOs.

Consolidated Production Summary


Q1
Q2
Full Year

2018
2019
2018
2019
2018
2019
Guidance
Gold (oz)
35,069
26,938
36,959
36,216
135,203
152,000
Silver (oz)
695,651
703,219
772,432
850,525
3,032,694
3,225,000
GEOs(1)
44,344
36,315
47,258
45,881
175,640
190,000
(1) 'Gold Equivalent Ounces' are calculated based on a 75:1 gold to silver price ratio for periods up to and including Q1 2019, and 88:1 for Q2 2019. Going forward McEwen has adopted a variable gold:silver ratio for reporting that approximates the average during each fiscal quarter. 2019 GEO Guidance has been restated at an 85:1 ratio, resulting in a decrease of 5,000 GEOs.

Rob McEwen, Chairman and Chief Owner commented: “The big events in Q2 were achieving commercial production at Gold Bar in late May and the high-grade exploration results from the Black Fox properties. Production results in the quarter were mixed. San José and El Gallo, which accounted for 62% of our Q2 production, performed well this quarter. At Gold Bar and Black Fox, we have had our head down and were pushing hard all quarter long. While both mines delivered better production in Q2 than in Q1, we didn’t achieve our forecast numbers. As a result, we have reduced our 2019 production guidance for gold by 6%.”
Gold Bar Mine, Nevada (100%)
Commercial production was achieved at Gold Bar on May 23, 2019. Gold Bar produced 7,940 gold ounces in Q2. The ramp-up to full production is progressing but the delays in Q1 adversely impacted our gold production in Q2 and our forecast for 2019.
In essence, less ore was placed onto the heap leach pad than planned, which in turn has delayed the application of solution to the ore, and subsequently the recovery of gold. Gold production is increasing, and we expect much better performance in the second half of 2019. Ore grade and tonnage are reconciling positively to our block model, and the gold recovery curves are tracking well compared to our budget.
Our revised plan is to produce 15,000 gold ounces in Q3 and 17,000 gold ounces in Q4. Guidance for 2019 has been reduced from 50,000 to 42,000 gold ounces as a result of the slower than expected ramp-up.
Our 2019 exploration budget for the Gold Bar property is $5 million. Drilling started mid-May with an initial focus on Gold Bar South in order to provide data necessary to advance economic studies and permitting. Our objective is to incorporate Gold Bar South into the mine plan this year and have permitting in place so that development could begin in late 2020. Starting in July, drilling will be testing the deep potential of the property for Carlin-type gold deposits.
Black Fox Mine, Timmins, Canada (100%)
Black Fox produced 9,420 gold ounces in Q2. Production was adversely affected by water infiltration into the mine due to an unusually heavy spring run-off. In order to protect the main infrastructure of the underground operation, the western part of the mine was allowed to flood temporarily. This action reduced production by limiting access to some areas where Q2 production was planned. As a result, production guidance for 2019 has been reduced from 50,000 to 45,000 gold ounces.
Our 2019 exploration budget for the Black Fox Complex is $18 million and includes surface and underground drilling. Drilling started in April and there are currently 10 surface drill rigs and one dedicated underground drill rig actively exploring on the Black Fox and Stock properties.
On May 23, 2019 we released very positive gold drill results from the Black Fox Mine and promising intersections in the Grey Fox Area. We followed up with more high-grade drill result from Grey Fox 147NE Target on July 10, 2019, see news release: https://www.mcewenmining.com/investor-relations/press-releas…
San José Mine, Santa Cruz, Argentina (49%(2))
The San José mine is on-track to achieve our full year guidance for 2019 of 49,000 gold ounces and 3,225,000 silver ounces. Our attributable production from San José in Q2 was 13,518 gold ounces and 848,268 silver ounces, for a total of 23,158 GEOs.
El Gallo Project, Sinaloa, Mexico (100%)
Based on the improved leaching performance from process plant modifications completed in Q2, we are increasing our full year guidance for 2019 at El Gallo to 16,000 gold ounces from residual leaching. El Gallo produced 5,340 gold ounces in Q2.
Fenix Project
Work on the Fenix Project feasibility study and permitting is progressing. We expect the permit to be approved and the feasibility study to be completed in Q3 2019.
Second Quarter Financial Results
Operating costs for the quarter ended June 30, 2019 will be released with our 10-Q Quarterly Financial Statements at the end of July.
ABOUT MCEWEN MINING
McEwen Mining is a diversified gold and silver producer with operating mines in Nevada, Canada, Mexico and Argentina. It also owns a large copper deposit in Argentina. McEwen’s goal is to qualify for inclusion in the S&P 500 Index by creating a profitable gold and silver producer focused in the Americas.
McEwen has approximately 362 million shares outstanding. Rob McEwen, Chairman and Chief Owner, owns 22% of the shares.
Notes:
(2) The San José Mine is 49% owned by McEwen Mining Inc. and 51% owned and operated by Hochschild Mining plc.
All dollar amounts are US Dollars.
Reliability of Information Regarding San José
Minera Santa Cruz S.A., the owner of the San José Mine, is responsible for and has supplied to the Company all reported results from the San José Mine. McEwen Mining’s joint venture partner, a subsidiary of Hochschild Mining plc, and its affiliates other than MSC do not accept responsibility for the use of project data or the adequacy or accuracy of this release.
Technical Information
The technical contents of this news release has been reviewed and approved by Chris Stewart, P.Eng., President & COO of McEwen Mining and a Qualified Person as defined by Canadian Securities Administrators National Instrument 43-101 "Standards of Disclosure for Mineral Projects."
CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
This news release contains certain forward-looking statements and information, including "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements and information expressed, as at the date of this news release, McEwen Mining Inc.'s (the "Company") estimates, forecasts, projections, expectations or beliefs as to future events and results. Forward-looking statements and information are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, risks and contingencies, and there can be no assurance that such statements and information will prove to be accurate. Therefore, actual results and future events could differ materially from those anticipated in such statements and information. Risks and uncertainties that could cause results or future events to differ materially from current expectations expressed or implied by the forward-looking statements and information include, but are not limited to, factors associated with fluctuations in the market price of precious metals, mining industry risks, political, economic, social and security risks associated with foreign operations, the ability of the corporation to receive or receive in a timely manner permits or other approvals required in connection with operations, risks associated with the construction of mining operations and commencement of production and the projected costs thereof, risks related to litigation, the state of the capital markets, environmental risks and hazards, uncertainty as to calculation of mineral resources and reserves, and other risks. The Company’s dividend policy will be reviewed periodically by the Board of Directors and is subject to change based on certain factors such as the capital needs of the Company and its future operating results. Readers should not place undue reliance on forward-looking statements or information included herein, which speak only as of the date hereof. The Company undertakes no obligation to reissue or update forward-looking statements or information as a result of new information or events after the date hereof except as may be required by law. See McEwen Mining's Annual Report on Form 10-K for the fiscal year ended December 31, 2018 and other filings with the Securities and Exchange Commission, under the caption "Risk Factors", for additional information on risks, uncertainties and other factors relating to the forward-looking statements and information regarding the Company. All forward-looking statements and information made in this news release are qualified by this cautionary statement.
The NYSE and TSX have not reviewed and do not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management of McEwen Mining Inc.

CONTACT INFORMATION:

Mihaela Iancu
Investor Relations
(647)-258-0395 ext 320
[e-mail]
Website: www.mcewenmining.com

Facebook: facebook.com/mcewenmining
Facebook: facebook.com/mcewenrob

Twitter: twitter.com/mcewenmining
Twitter: twitter.com/robmcewenmux

Instagram: instagram.com/mcewenmining
150 King Street West
Suite 2800, P.O. Box 24
Toronto, ON, Canada
M5H 1J9
(866)-441-0690





© 2019 Canjex Publishing Ltd. All rights reserved.

[marstru]

Ich hoffe immer noch auf einen short squeeze bei MUX. Vielleicht werden die Shorties doch noch nervös.

[bigyawn]

http://wwwa.stockwatch.com/News/Item.aspx?bid=Z-C%3aMUX-2787…

[iam57]

Antwort auf Beitrag Nr.: 61.103.554 von bigyawn am 25.07.19 13:01:16

..falscher Link.

[bigyawn]

http://wwwa.stockwatch.com/News/Item.aspx?bid=Z-C%3aMUX-2787…

[bigyawn]

Antwort auf Beitrag Nr.: 61.105.501 von iam57 am 25.07.19 16:16:34

sorry, heute Mittag ging der noch. Versuch den mal

[boersentrader02]

Warten wir den Mittwoch ab dann wird sich zeigen wo der Gold- und Silberpreis hingehen wird?

Mir soll es nur recht sein.


25.07.2019 ‧ Markus Bußler
Gold: Richtung 2.000 Dollar - die seltsame Logik der Fed

Die Goldbullen verteidigen weiter das 1.420-Dollar-Level und halten sich damit die Tür auf einen raschen Anstieg in Richtung eines neuen Jahreshochs offen. Doch kurzfristig richten sich alle Blick auf den kommenden Mittwoch. Dann wird die US-Notenbank ihren Zinsentscheid verkünden. D





https://www.deraktionaer.de/artikel/gold-rohstoffe/gold-rich…

[bigyawn]

McEwen to release Q2 results, hold call July 31

2019-07-29 18:07 ET - News Release

Mr. Rob McEwen reports
MCEWEN MINING Q2 2019 RESULTS CONFERENCE CALL
McEwen Mining Inc. will hold a conference call following the release of its second quarter 2019 results on July 31, 2019, at 1:30 p.m. EDT, where management will discuss financial results and project developments and follow with a question-and-answer session. Questions can be asked directly by participants during the call.

Conference call: July 31, 2019, at 1:30 p.m. EDT
Toll-free (United States and Canada): 866-393-4306
Outside the U.S. and Canada: 734-385-2616
Conference ID No.: 8248849

An archived replay of the webcast will be available after it takes place. Access the replay on the company's media page.
About McEwen Mining Inc.
McEwen Mining is a diversified gold and silver producer with operating mines in Nevada, Canada, Mexico and Argentina. It also owns a large copper deposit in Argentina. McEwen's goal is to qualify for inclusion in the S&P 500 Index by creating a profitable gold and silver producer focused in the Americas.
Rob McEwen, chairman and chief owner, owns 22 per cent of the company's shares.
We seek Safe Harbor.
© 2019 Canjex Publishing Ltd. All rights reserved.

[boersentrader02]

Die Zahlen für das 2. Habjahr 2019 sind raus. Leider wurde nichts daraus, dass die Gesmtzahlen bedeutend besser

als im 1. Quartal besser werden sollten. Aber was solls nicht nur wir warten auf höhere Kurse sondern auch Rob muss leiden.

Es gibt halt immer etwas woran es liegt und was man bei der Herausgabe der gewünschten Zahlen nicht überblicken kann.

Ich will nicht hoffen, das man von getürkten Zahlen bei den im voraus gemeldeten Zahlen sprechen kann, oder ?


McEwen loses $13-million (U.S.) in Q2

2019-07-30 17:28 ET - News Release

Mr. Rob McEwen reports

MCEWEN MINING: Q2 2019 RESULTS


McEwen Mining Inc. has released its results for the second quarter and first half ended June 30, 2019. All amounts are reported in US dollars unless otherwise stated. Total production during Q2 was 36,216 gold ounces and 850,525 silver ounces, or 45,881 gold equivalent ounces(1) ("GEOs") using the average gold:silver price ratio during Q2 of 88:1. Our San Jose and El Gallo mines exceeded our production targets during the quarter. Our other two operations, the Gold Bar and Black Fox mines, performed better than in Q1, but below our production and earnings forecasts. This contributed to our consolidated net loss during Q2 of $13.0 million (2), or $0.04 per share.

Rob McEwen, Chairman and Chief Owner commented: "Q2 was better than Q1 2019, but clearly not where we wanted it to be. Financially Q2 and H1 2019 were weak relative to the respective periods in 2018. The good news is that the balance of the year is looking much better. Q2 marked the start of our 2019 exploration drilling program in Timmins and Nevada. Early assay results from Black Fox and Grey Fox have been very encouraging.

Gold Bar only declared commercial production one month before the end of Q2 and is gaining momentum. Production rates and grades at all operations have improved in Q3. At Los Azules we achieved a critical milestone in the project's valuation by validating a new access route that will provide year round access, rather than the current 4-5 months. We are looking forward to increasing production and lowering costs in H2."

Our quarter end conference call will take place on Wednesday, July 31st at 1:30 pm EDT. Call 1 [phone] (US/CAN) Conference ID: 8248849 or to connect to the Webcast. More details are provided below.

Table 2 below provides financial highlights for Q1, Q2 and H1 2019 and comparative results from 2018 and comparative results for 2018.


https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aMUX-2789…

[Ramses21]

10 % bei McEwen heute tuen wirklich gut. Und es spricht alles für weitere Steigerungen bei dem Goldkurs.

[marstru]

Ich denke, die 2$ Marke wurde jetzt nachhaltig überschritten. Weitere Kurssteigerungen nicht ausgeschlossen. Vielleicht bekommen wir ja auch noch Unterstützung durch Unternehmensnachrichten.

[iam57]

..einige der wenigen Goldaktien, die richtig schwach laufen. Warum auch immer.

[freddy1989]

Antwort auf Beitrag Nr.: 61.142.354 von boersentrader02 am 31.07.19 12:23:39

Hallo ins Forum hab dieses Video gefunden vllt interessiert euch das im Forum

[Ramses21]

So wie die Aktie schon wieder abschmiert wird bald eine KE durchgezogen. Langsam nervt dieses Unternehmen.

[auro]

Antwort auf Beitrag Nr.: 61.245.252 von Ramses21 am 13.08.19 19:48:54

Ich denke, dies ist vorwiegend den Turbulenzen von Argentinien zu zuschreiben.
Dort sackten Pesos und Börse heute gewaltig ab, wegen Vorwahlergebnis.

[Ramses21]

Antwort auf Beitrag Nr.: 61.247.112 von auro am 13.08.19 22:50:56

Könnte damit zusammen hängen. Die Kursreaktion vieler Aktien aus Argentinien habe ich mitbekommen.

[Onlyaguy]

Ich glaube nicht das Argentinien der alleinige Grund ist.. gestern gab es auch noch einen negativen Bericht bei Seeking Alpha, den ich aber für sehr kurzsichtig halte.. Das Problem ist das Rob endlich liefern muss.. nach unzähligen Referaten und Vorträgen über die möglichen riesigen Vorkommen in der Tiefe bei Black Fox und Co., wofür zig Millionen Explorationsprogramm gestartet wurden, müssen nun Ergebnisse her.. diese Kosten treiben die AISC so dermaßen hoch, das viele Investoren meinen Rob könnte selbst bei 1500$ nicht profitbel sein.. Rob muss anfangen langsam auch Cash zu erwirtschaften und nicht immer weiter agressiv expandieren wollen, denn wenn diese Wette nicht aufgeht wird es übel.. und es ist eine Wette auf Rob und seine Erfahrung nicht mehr und nicht weniger, fundamental ist McEwen Mining aktuell nicht die erste Wahl für Goldminen..

[Ramses21]

Antwort auf Beitrag Nr.: 61.248.363 von Onlyaguy am 14.08.19 08:21:01

Gut zusammen gefasst. McEwen muss endlich kräftig Geld verdienen mit dem Abbau von Gold und nicht nur mit der Ausgabe von neuen Aktien.

[TommyX11]

Fremont verkauft das Projekt Gold Canyon an McEwen Mining Inc.

Eventuell verzettelt man sich gerade etwas....


https://www.marketscreener.com/FREMONT-GOLD-LTD-49479326/new…

[boersentrader02]

Infos von der von Freemont erkauften Open Pit Mine >Gold Canyon Projct<.

Diese Infos wurden von der Freemont Gold Homepage übernommen.

Bin echt gespannt wie sich das neue Projektfeld in Zukunft weiter entwickeln wird ? [

b]Projekt Gold Canyon[/b]
(von der Freemont Honepage entnommden)
[/i

Fremont’s Gold Canyon project is a former mine in the Gold Bar District in Eureka County, Nevada, an active mining district within the Battle Mountain-Eureka Trend. The district contains several Carlin-style sediment-hosted gold deposits, including McEwen Mining Inc.’s (“McEwen”) Gold Bar mine.

Gold Canyon is part of the original Gold Bar mining complex operated by Atlas Precious Metals Inc., from 1986-94, and was one of five satellite pits to the original Gold Bar mine. Over 41,000 ounces gold was produced from Gold Canyon.

Gold Canyon is surrounded by claims owned by McEwen that comprise their Gold Bar mine. McEwen’s Gold Bar development project includes the other four satellite pits to the Original Gold Bar mine: Gold Pick, Gold Ridge, and two pits at Cabin Creek. Gold Canyon is approximately 900 meters northwest of McEwen’s Gold Ridge pit and is part of the same mineralized system as shown in the image below.




Mineralization at Gold Canyon is controlled by a northeast trending high-angle feeder structure. The feeder structure can be traced to the northeast to the Northwest Gold Ridge target. Atlas drilled one hole just northeast of the Gold Canyon pit, hole 100-45, and returned 18.3m @ 3.48 g/t Au.



Drilling undertaken by Fremont earlier this year intercepted a previously unrecognized mineralized zone approximately 60 metres below the pit floor (see news release dated July 25, 2018).



Fremont has the option to earn a 100% interest in Gold Canyon by making payments totalling US$ 802,500 to Ely Gold Royalties over a five-year period (see news release dated January 16, 2018).

The option will be subject to a 2% net smelter return royalty, which can be reduced to 1% for US$3,000,000.


https://www.fremontgold.net/projects/gold-canyon/

[Ramses21]

Antwort auf Beitrag Nr.: 61.274.439 von boersentrader02 am 16.08.19 11:49:25

Denke dass der Kauf hier Sinn macht. Da muss man dann nicht um dieses Projekt rumbaggern.

[Ramses21]

Warum gibt es hier keine Info von McEwen. Und es werden wieder neue Aktien auf den Markt kommen. 😩

[Onlyaguy]

Antwort auf Beitrag Nr.: 61.276.620 von Ramses21 am 16.08.19 15:29:53

ist doch ein guter Deal

Die Informationspolitik in diesem Fall von Mcewen ist wirklich zu hinterfragen, aber Mal ehrlich, ein Asset für Schlappe 0,5mio $ in Aktien ist doch kein schlechter Deal.. zu Mal man bedenken muss das die aktuellen Reserven von Gold Bar noch sehr ausbaufähig sind.. ich meine mich auch erinnern zu können das bei Bohrungen auf Gold Bar ein Gold Trend in Richtung Gold Canyon festgestellt wurde, die beiden Projekte liegen ja fast direkt nebeneinander.. so kann man das Gold Bar Projekt jetzt in Streichrichtung zu Gold Canyon problemlos erweitern.. außerdem darf man ja nicht vergessen das man für diese minimale Verwässerung von 300.000 Aktien ein reales fertiges Asset bekommen hat, also warum sollte sich das negativ auf den Kurs auswirken?

[iam57]

Antwort auf Beitrag Nr.: 61.284.469 von Onlyaguy am 18.08.19 11:22:00

..tut es doch schon.

[Ramses21]

Frage mich wirklich wann Rob die schwarze Null bzw einen Gewinn erwirtschaften möchte.

[bigyawn]

McEwen drills 24.4 m of 6.66 g/t Au at Gold Bar

2019-08-20 07:03 ET - News Release

Ms. Christina McCarthy reports
MCEWEN MINING: GOLD BAR UPDATE
McEwen Mining Inc. has provided an update on progress at various exploration targets on its Gold Bar mine property. At the Gold Bar South oxide gold deposit located 3.5 miles southeast of our Gold Bar Mine, a program of 125 drill holes was recently completed. 25% of the new drill intersections were higher grade than the current resource average of 0.029 ounces per ton (1 g/t). In addition, several drill holes encountered significant mineralization outside the existing resource (Figures 2 & 3), including several notable intersections highlighted in Table 1 below. These results suggest that there is potential to increase the size of the Gold Bar South resource beyond the current Indicated estimate of 3,488 ktons at 0.029 opt (1 g/t) for 100 koz. Economic studies and permitting are underway with the objective of incorporating Gold Bar South into the overall mine plan this year, and having permitting in place so that open pit development could begin in late 2020.

10 Best Intersections from the Gold Bar South Drill Program

HOLE-IDFrom (ft)To (ft)Length (ft)Gold Grade (opt)From (m)To (m)Length (m)Gold Grade (g/t)
GB365 60 130 70 0.071 18.3 39.6 21.3 2.45
GB367 0 125 125 0.049 0 38.1 38.1 1.67
GB378 70 175 105 0.072 21.3 53.2 32.0 2.47
GB389 50 230 180 0.062 15.2 70.1 54.9 2.13
GB404 60 180 120 0.079 18.3 54.9 36.6 2.70
GB405 85 265 180 0.027 25.9 80.8 54.9 0.93
GB407 180 270 90 0.045 54.9 82.3 27.4 1.53
GB434 45 125 80 0.194 13.7 38.1 24.4 6.66
GB435 40 145 105 0.060 12.2 44.2 32.0 2.04
GB453 185 335 150 0.064 56.4 102.1 45.7 2.19


Follow-up drilling to test for extensions of the higher-grade mineralization that have the potential to extend the planned open pit over portions of the deposit will start later in August.
Other Gold Bar Exploration
Reverse circulation (RC) holes are being drilled to test the lateral and vertical extent of a near-surface target at Pot Canyon where extensive alteration (silicification) and brecciation occurs at surface, and where several historical holes returned significant mineralization including 1.14 g/t Au over 42.7 m and 0.71 g/t Au over 65.5 m. In addition, deep core drilling is currently testing a target below Pot Canyon for potentially large Carlin-type gold mineralization. This drilling occurs near the Wall Fault, a regional structure interpreted to play an important role in the control of gold mineralization at Gold Bar. Initial assay results from this target will be received later in August.
Property Purchases
McEwen has been adding to its land holding around the Gold Bar Mine. Recently we purchased rights to the Gold Canyon property as well as other strategic claims surrounding and within the core Gold Bar property. These acquisitions are relevant to our future growth plans and objectives.
Gold Bar South Geological Details
Mineralization at Gold Bar South is hosted in a jasperoid (silica-rich) breccia, at the contact between the Webb and Devils Gate formations. Evidence of karst activity resulting in dissolution of limestone creating open spaces and permeability along the contact is seen in core, which may have created the breccia and provided a favorable host rock for mineralization.
ABOUT MCEWEN MINING
McEwen Mining is a diversified gold and silver producer and explorer with operating mines in Nevada, Canada, Mexico and Argentina. It also owns a large copper deposit in Argentina. McEwen's goal is to create a profitable gold and silver producer focused in the Americas.
TECHNICAL INFORMATION
The technical contents of this news release have been reviewed and approved by Robert L. Kastelic, CPG, McEwen Mining's Chief Exploration Geologist, who is a Qualified Person as defined by Canadian Securities Administrators' National Instrument 43-101 "Standards of Disclosure for Mineral Projects".
We seek Safe Harbor.
© 2019 Canjex Publishing Ltd. All rights reserved.

[boersentrader02]

Gold hält sich in dieser Zeit ziemlich stark. Und MUX ist dabei sich für die Zukunft immer besser aufzustellen.


https://www.kitco.com/charts/popup/au24hr3day.html

[boersentrader02]

McEwen wurde in der letzten Zeit reichlich von einigen Investoren gesucht. Lest nur den letzten Absatz.

HC Wainwright Raises McEwen Mining (NYSE:MUX) Price Target to $3.50

Posted by Kim Johansen on Aug 22nd, 2019 // Comments off

McEwen Mining Inc logoMcEwen Mining (NYSE:MUX) (TSE:MUX) had its price target raised by HC Wainwright from $2.50 to $3.50 in a report issued on Monday, BenzingaRatingsTable reports. The firm currently has a buy rating on the basic materials company’s stock.

A number of other equities analysts also recently commented on MUX. ValuEngine upgraded shares of McEwen Mining from a hold rating to a buy rating in a research note on Monday, June 17th. Zacks Investment Research downgraded shares of McEwen Mining from a hold rating to a sell rating in a research note on Tuesday, July 23rd. One research analyst has rated the stock with a sell rating and three have assigned a buy rating to the company’s stock. McEwen Mining has a consensus rating of Buy and an average price target of $3.50.
Get McEwen Mining alerts:

Shares of NYSE:MUX opened at $1.83 on Monday. The company has a market capitalization of $633.52 million, a price-to-earnings ratio of -14.08 and a beta of -0.42. McEwen Mining has a 12 month low of $1.23 and a 12 month high of $2.44. The firm’s 50-day moving average is $1.82 and its 200 day moving average is $1.64. The company has a current ratio of 1.90, a quick ratio of 0.94 and a debt-to-equity ratio of 0.11.

McEwen Mining (NYSE:MUX) (TSE:MUX) last issued its quarterly earnings results on Tuesday, July 30th. The basic materials company reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.03). The firm had revenue of $36.38 million for the quarter, compared to the consensus estimate of $34.92 million. McEwen Mining had a negative net margin of 55.09% and a negative return on equity of 11.81%. As a group, equities analysts forecast that McEwen Mining will post -0.08 EPS for the current fiscal year.

In other McEwen Mining news, Director Richard W. Brissenden sold 25,000 shares of the company’s stock in a transaction dated Friday, August 9th. The shares were sold at an average price of $2.01, for a total value of $50,250.00. The sale was disclosed in a filing with the SEC, which is available through this link. 22.70% of the stock is owned by corporate insiders.

Several institutional investors and hedge funds have recently made changes to their positions in MUX. Wedbush Securities Inc. grew its position in McEwen Mining by 1,178.4% during the 1st quarter. Wedbush Securities Inc. now owns 130,401 shares of the basic materials company’s stock worth $196,000 after acquiring an additional 120,201 shares during the last quarter. Mercer Global Advisors Inc. ADV acquired a new position in shares of McEwen Mining in the 1st quarter valued at about $54,000. Geode Capital Management LLC raised its stake in McEwen Mining by 6.6% during the 4th quarter. Geode Capital Management LLC now owns 1,879,565 shares of the basic materials company’s stock worth $3,420,000 after buying an additional 116,048 shares during the period.

Deutsche Bank AG raised its stake in McEwen Mining by 5,370.5% during the 4th quarter. Deutsche Bank AG now owns 1,817,955 shares of the basic materials company’s stock worth $3,308,000 after buying an additional 1,784,723 shares during the period.

Finally, Heathbridge Capital Management Ltd. acquired a new position in McEwen Mining during the 1st quarter worth approximately $60,000. 24.46% of the stock is owned by hedge funds and other institutional investors.

https://www.themarketsdaily.com/2019/08/22/hc-wainwright-rai…

[Taifun36]

Antwort auf Beitrag Nr.: 61.320.385 von boersentrader02 am 22.08.19 17:29:41

wer alles zukauft

Danke für die Infos, wer alles MC Ewen Mining zugekauft hat.

Sogar die Deutsche Bank......Ob die damit ihre BIO Derivate umlaufen wollen?

[Bangcoc]

läuft schon 2 Monate seitwär und das bei so einem Goldpreis ist schon ?

[Ramses21]

Antwort auf Beitrag Nr.: 61.324.126 von Bangcoc am 23.08.19 08:58:19

Die wird hoffentlich auch bald nach oben explodieren. Diesmal verkaufe ich nicht zu früh. € 4,00 müssen es mindestens sein.

[bennog]

Antwort auf Beitrag Nr.: 61.329.439 von Ramses21 am 23.08.19 17:37:43

welcher Goldpreis wird dazu (um 4$ zu bekommen) benötigt??

[Ramses21]

Antwort auf Beitrag Nr.: 61.339.489 von bennog am 26.08.19 06:58:50

Das kann dir keiner sagen. Aber offensichtlich ein höherer als zur Zeit.

[Onlyaguy]

Es ist doch nicht nur vom Goldpreis abhängig.. entscheidend ist die Projekte endlich in einen angemessenen Bereich der AISC zu bringen und damit Cashflow zu erwirtschaften.. meines Erachtens ist dafür schon der aktuelle Goldpreis ausreichend, nur müssen die Minen dahingehend entwickelt werden.. ein weiterer steigender Goldpreis würde als zusätzlicher Katalysator das verstärken, aber grundsätzlich bin ich ein Fan von fundamental beständiger Basis zu wachsen und nicht nur von einem steigenden Goldpreis abhängig zu sein!

[Ramses21]

Antwort auf Beitrag Nr.: 61.348.690 von Onlyaguy am 27.08.19 09:48:20

Natürlich ist ein steigender Aktienpreis nicht nur von höheren Goldpreisen abhängig. Aber ein höher Goldpreis hilft natürlich. McEwen arbeitet seit einigen Jahren die Ressourcen Basis zu erhöhen und Projekte günstig einzusammeln. Die Zukunft wird zeigen ob das eben halt erfolgreich war.

[boersentrader02]

Silber wird höher steigen als Gold und das in den nächsten 12 bis 24 Monaten

Allerdings kann ich das nicht garantieren, aber es spricht vieles dafür.


Silber vor Jahrhundert-Hausse? I Marktupdate Edelmetalle 08/2019

[Ramses21]

Mir schlafen die Füße bei dieser Firma ein. Alles fliegt gen Norden, nur McEwen klebt am Boden.

[iam57]

Antwort auf Beitrag Nr.: 61.403.165 von Ramses21 am 03.09.19 20:40:48

Blödsinn..alle Minen, außer ENDEAVOUR SILVER im Verhältnis zum Anstieg der Edelmetallpreise schwach.

[Ramses21]

Antwort auf Beitrag Nr.: 61.403.747 von iam57 am 03.09.19 22:06:47

Du kannst gerne mit der Performance von McEwen zufrieden sein die letzten Monate...ich bin es nicht.🧐

[bigyawn]

McEwen drills 9.1 m of 18 g/t Au at Stock

2019-09-04 06:20 ET - News Release

Ms. Christina McCarthy reports
MCEWEN MINING: STOCK EXPLORATION UPDATE
McEwen Mining Inc. has released positive exploration drill results from its 100-per-cent-owned Stock property, part of the Black Fox complex, near Timmins, Ont., Canada. Assay results have been received for 27 holes drilled along a 3 km (1.9 mile) trend that hosts the historical Stock Mine and Stock East deposit.
Highlights:
A high-grade drill intersection of 18.0 g/t Au over 9.1 m, including 120 g/t Au over 1.3 m was encountered 250 m below the deepest intersection from exploration in 2018, and 650 m below the deepest workings in the Stock Mine, reinforcing our belief that the gold system remains strong and open with potential to extend mineralization below the mine workings (see Figure 2).
Intersections to the East and West of the Stock Mine, including 10.9 g/t Au over 5 m, suggest potential for new mineralized zones along strike of the deposits.
Drilling is continuing at depth and along strike during the remainder of the year, and additional results are expected to be release in Q4.

Table 1 {&#A A ; –}
Selected
Drill Results from Stock Property

HOLE-ID From (m)To (m)Core Length (m)Estimated True Width (m)Gold Grade (g/t)Area
S19-95 972.00983.00 11.00 9.13 17.96Deep
Including 974.40976.00 1.60 1.33 119.98
Including 974.40975.00 0.60 0.50 311.00
S19-90 349.65353.15 3.50 ND 4.23West
Including 349.65351.70 2.05 ND 5.72
SEZ19-14 55.50 57.00 1.50 1.36 9.94East
Including 55.50 55.95 0.45 0.41 23.90
SEZ19-15 169.00174.50 5.50 5.00 10.94East
Including 173.00174.50 1.50 1.36 28.63




Stock Deep
Exploration drilling by MUX in 2018 and 2019 below the workings of the Stock Mine is testing the potential for the mineralized system to extend deeper. Production ceased in 2004 at a relatively shallow depth of only 330 m (1,080 ft), and overall produced 137,000 ounces of gold at an average grade of 5.4 g/t. The latest intersection in hole S19-95 is the deepest drilled to date and encountered a very encouraging high-grade result.
In 2018, hole S18-31 intersected multiple intervals of mineralization up to a depth of 750 m (2,460 ft) below surface under the mine workings. The best intersections from hole S18-31 include:
5.58 g/t Au over 3.3 m, including 14.8 g/t Au over 1.0 m; and
7.01 g/t Au over 3.8 m, Including 30.1 g/t Au over 0.8 m; and
3.76 g/t Au over 4.0 m.
During Q2 2019, hole S19-95 intersected mineralization 250 m (820 ft) below the positive results intersected in 2018 in hole S18-31, and 950 m below surface. Multiple zones of alteration and mineralization were observed, including visible gold. The best interval received from this hole is 18.0 g/t Au over 9.1 m, including 120 g/t Au over 1.3 m, including 311 g/t Au over 0.5 m. This high-grade intersection and other mineralization intersected in holes S19-95 and S18-31 have reinforced our belief that the gold-hosting system remains open with high potential at depth. Significant depth potential well beyond 1,000 m (3,280 ft) is a characteristic of geologically similar deposits elsewhere in Canada as illustrated in Figure 3.
Assay results are pending from wedge hole S19-97W, which was drilled to follow-up on the positive assays from S19-95. Visually positive mineralized intervals were observed over 49 m, including local occurrences of visible gold, assays are pending for these portions. Drilling is in progress on additional holes.
Stock West
Drilling also took place 1.1 km (0.7 miles) along strike to the West of the Stock Mine and intersected encouraging alteration and mineralization in hole S19-90, which returned at 4.2 g/t Au over 3.5 m, including 5.7 g/t Au over 2.1 m (core length). This intersection is near two historical drill intersections, which returned 23.0 g/t Au over 1.5 m and 14.5 g/t Au over 3 m, suggesting a potentially new zone of mineralization (a mineralized 'shoot') may occur in this area.
Assays are pending from a follow up hole S19-98, which was drilled to intersect mineralization beneath S19-90. Visible gold was noted in multiple quartz veinlets within the silicified zones of a highly altered ultramafic volcanic.
Stock East
Drilling in early 2018 initially focused on Stock East, a shallow target that is located 700 m (2,300 ft) from the Stock Mill. Successful drilling at Stock East quickly led to the definition of an initial Indicated and Inferred resource estimate of 1,490 kt @ 1.25 g/t Au for 60 koz Au and 1,997 kt @ 1.39 g/t for 90 koz Au, respectively. The initial resource assumed an open pit mining scenario at Stock East, however recent drilling has encountered higher-grade mineralization, such as in hole SEZ19-15 that returned 10.9 g/t Au over 5 m. This new mineralization correlates with positive drill intersections from 2018, such as 4.7 g/t over 2 m, including 14 g/t over 0.4 m; and 31.8 g/t over 0.4 m.
Property and Geologic Information
The Stock Property is the site of McEwen's Stock Mill, which currently processes ore from the Black Fox Mine. Previously the mill processed ore from the historical underground Stock Mine that was in intermittent production from the early 1980s until 2004.
Known mineralization occurs along the Destor Porcupine Fault Zone (DPFZ), which crosses the property from West to East over a strike length of approximately 8 km. A significant NE-SW trending fault (the Nighthawk Fault) intersects the DPFZ near the Stock Mine making the area a prime structural setting for gold mineralization.
Gold mineralization at Stock consists of disseminated sulfides (mostly pyrite) and quartz-carbonate stockwork and breccia, hosted in sericite-silica-albite and fuchsite altered mafic and ultramafic volcanic rocks, and in highly siliceous and albite-rich dykes.
ABOUT MCEWEN MINING
McEwen Mining is a diversified gold and silver producer and explorer with operating mines in Nevada, Canada, Mexico and Argentina. It also owns a large copper deposit in Argentina. McEwen's goal is to create a profitable gold and silver producer focused in the Americas.
McEwen has approximately 362 million shares outstanding. Rob McEwen, Chairman and Chief Owner, owns 22% of the shares.
TECHNICAL INFORMATION
Technical information pertaining to geology and exploration contained in this news release has been prepared under the supervision of Ken Tylee, P.Geo. Mr. Tylee is a "qualified person" within the meaning of NI 43-101.
Black Fox Complex drilling (including the Stock Property) was conducted by Major Drilling and Norex Drilling and supervised by McEwen's Geology Department. All exploration drill core samples at the Stock Property were submitted as 1/2 core. Analyses reported herein were usually performed by the fire assay method by the independent laboratories: ALS Laboratories (ISO 9001/IEC17025 certified) and AGAT Labs (ISO 9001/IEC17025 certified). On occasion, a screen metallic fire assay technique is used to determine coarse and fine gold in samples and utilises a larger volume of the sample. The plus fraction is fire assayed for gold and a duplicate assay is performed on the minus fraction. Size fraction weights, coarse and fine fraction gold content and total gold content are reported. McEwen's quality control program includes systematic insertion of blanks, standard reference material and duplicates to ensure laboratory accuracy.
To determine the lengths of significant mineralized intervals, the following composite criteria was established: a minimum reportable interval length of 3 m was determined by establishing a cut-off grade of 1 g/t gold. A consecutive maximum length of 3 m of internal waste, including sub cut-off grade material, is allowed and incorporated into the reported composites. Where an interval of less than 3 m is considered, if the grade x length calculation is greater than 3, it may be reported. There is no top cutting or capping of assays.
We seek Safe Harbor.
© 2019 Canjex Publishing Ltd. All rights reserved.

[TommyX11]

Antwort auf Beitrag Nr.: 61.408.700 von bigyawn am 04.09.19 13:23:41

Gute Results, überhaupt das die Mineralisierung in der Tiefe auch noch so gut ist.

[Ramses21]

Antwort auf Beitrag Nr.: 61.408.805 von TommyX11 am 04.09.19 13:36:22

Mal schauen wie der Markt dass die nächsten Wochen verarbeiten wird. Aktuell reagiert die Aktie null.

[extiger]

das Problem ist st jose argentinien....wie es dort nach der zu erwartenden staatspleite weiter geht...

[Koepenicker]

Antwort auf Beitrag Nr.: 61.409.582 von extiger am 04.09.19 15:04:28

Wenn der Handelsstreit beigelegt ist, was zu erwarten sein wird, werden die Goldwerte, Gold und Minen abschmieren. Das sollte abgewartet werden, um sich dann nach Bodenbildung zu positionieren. Aktuell alles zu teuer! Meine Meinung und zur Zeit ist Gold eine Bullenfalle!

[Onlyaguy]

Antwort auf Beitrag Nr.: 61.423.865 von Koepenicker am 06.09.19 07:16:51

Zitat von Koepenicker: Wenn der Handelsstreit beigelegt ist, was zu erwarten sein wird, werden die Goldwerte, Gold und Minen abschmieren. Das sollte abgewartet werden, um sich dann nach Bodenbildung zu positionieren. Aktuell alles zu teuer! Meine Meinung und zur Zeit ist Gold eine Bullenfalle!

Na dann viel Spaß an der Seitenlinie und beim hinterherschauen.. 😂😂😂

Wer bis heute nur auf Charts schaut und nicht den übergeordneten Trend sieht der durch eine inflationäre Notenbankpolitik bestimmt wird, der hat auch in Goldwerten nichts zu suchen..

Viel Erfolg beim warten auf die Bullenfalle 😴

[meichel]

Kupfer und Los Azules

https://www.finanzen100.de/finanznachrichten/boerse/rohstoff…

" target="_blank" rel="nofollow ugc noopener">[/https://www.finanzen100.de/finanznachrichten/boerse/rohstoff…

[meichel]

https://www.finanzen100.de/finanznachrichten/boerse/rohstoff…

[marstru]

Antwort auf Beitrag Nr.: 61.443.497 von meichel am 09.09.19 16:43:09

Ich glaube nicht, dass bei Kupfer schnelle Gewinne zu erwarten sind. Dafür ist die Weltwirtschaft einfach zu schwach (beziehungsweise die Aussichten) und der Elektroautoboom lässt auch noch auf sich warten. Auf die steigende Kupfernachfrage durch e-Mobilität setzen einfach zu viele. Für McEwen ist aber wahrscheinlich nicht der schnelle Kupferanstieg entscheidend, sodern dass Los Azules überhaupt genehmigt wird (Umweltauflagen). Wenn ja ist es gut, das Projekt ist genügend lang angelegt und profitabel, dass man eine Durststrecke bei Kupfer überbrücken kann. Wenn nein - nicht so gut, aber ich denke die anderen Projekte rechtfertigen den aktuellen Preis der Aktie bei den aktuellen Gold- und Silberkursen.

[marstru]

Ist das nun positiv oder negativ

McEwen Mining: Exploration and Operations Update https://www.mcewenmining.com/investor-relations/press-releas…

[Ramses21]

Antwort auf Beitrag Nr.: 61.449.836 von marstru am 10.09.19 13:01:23

Ja bei McEwen braucht man Geduld. Gold Bar ist nun auf Spur, wird aber erst leider im kommenden Jahr zur Produktion ordentlich beitragen. Grey Fox lahmt noch immer.

[Koepenicker]

Antwort auf Beitrag Nr.: 61.450.721 von Ramses21 am 10.09.19 14:50:04

Zitat von Ramses21: Ja bei McEwen braucht man Geduld. Gold Bar ist nun auf Spur, wird aber erst leider im kommenden Jahr zur Produktion ordentlich beitragen. Grey Fox lahmt noch immer.

Stimme ich Dir zu. Kurzfristig seitwärts und fallend. Gestern zum Schluss der Abverkauf ist schon interessant. Es läuft noch nicht optimal und das kostet MCEwen viel Geld.

[Ramses21]

Antwort auf Beitrag Nr.: 61.455.542 von Koepenicker am 11.09.19 07:21:42

Irgendwann wird die Geduld belohnt. Aber das muss natürlich jeder für sich entscheiden.

[Onlyaguy]

So sehe ich das auch.. Rob hat eine extrem agressive Wachstumsstrategie und die kostet.. Wer Geduld und Vertrauen hat, kann hier aber belohnt werden.. die aktuelle Bohrergebnise lassen hoffen das Rob vielleicht wirklich Recht hat und Black Fox mit Grey Fox einiges mehr im Boden hat als viele denken.. Wenn das der Fall ist würde das natürlich den Kurs irgendwann positiv nach oben ziehen.. die aktuell noch bestehenden Probleme bei der Produktion sehe ich als Startschwierigkeiten.. Wenn man eine bestehende Mine wieder in Betrieb nimmt und modernisiert mit auch teilweise neuen Leuten kann es anfänglich holprig werden.. Goldbar ist endlich auf Spur und Blackfox wird auch auf Spur kommen, dazu weiter gute Bohrergebnisse mit Erhöhung der Resserven und irgendwann ein Kooperationspartner für Los Azules und schon sind wir wieder bei 4-5$

Viel Glück allen Investierten!

[Koepenicker]

Antwort auf Beitrag Nr.: 61.455.647 von Onlyaguy am 11.09.19 07:40:58

https://www.wallstreet-online.de/nachricht/11734523-goldinve… Probleme bestätigt von Rob und Grund für den Kursrückgang!

[Taifun36]

Neues von MC Ewen

https://de.advfn.com/p.php?pid=nmona&article=80696918

[boersentrader02]

Sollte das wirkloch so in den nächsten Wochen kommen ? Ich weiß es nicht ?

Goldexperte Bußler: Dieser Gold-Chart verbreitet Angst und Schrecken

Der Goldpreis konsolidiert gerade seinen Anstieg. "Das ist gesund", sagt Markus Bußler. Die COT-Daten dürften sich zumindest schon ein wenig entspannt haben. Doch im Internet kursiert seit einigen Wochen ein Chart, der Angst und Schrecken verbreitet. Handelt es sich bei dem Anstieg, den wir seit Mai sehen, nur um einen Teil einer übergeordneten riesigen Korrektur?

Fällt Gold wirklich auf 850 Dollar? "


https://www.finanznachrichten.de/nachrichten-2019-09/4764878…

[Taifun36]

Antwort auf Beitrag Nr.: 61.461.803 von boersentrader02 am 11.09.19 19:30:21

sehr gutes Video über Gold und Silber

Auch wenn Mc Ewen im Video schlecht weg kommt. Nicht vergessen:
Bullenmärkte werden in einer Depression geboren

Wenn alle schon drin sind, wie soll Mc Ewen denn noch steigen?

Bussler hat gute Argumente gebracht. Ich sehe aber die positive Seite
und vor allem Gold = Schutz. Gold gehört in jeden Haushalt.

Mc Ewen wird früher oder später profitieren. Was mich nur ärgerte, die damals VG Gold übernommen wurde. Ich hatte extra einen Explorer geholt und MC ewen übernimmt einfach

[boersentrader02]

Wir werden sehen, was sich alles im nächsten Jahr (2020) bei McEwen Mining tuen wird ?

Es wurden ja reichliche positive Vorhersagen von Rob versprochen. Bin recht gespannt ob es alles so kommen wird ?

[Koepenicker]

Antwort auf Beitrag Nr.: 61.470.854 von boersentrader02 am 12.09.19 17:50:40

Zu 1,59 € dabei! Bei 1,89 € ausgestiegen, hoffentlich nicht zu früh! Etwas Geduld noch hier, die Geldschleusen wurden geöffnet, wie man lesen konnte!

[Koepenicker]

Antwort auf Beitrag Nr.: 61.470.929 von Koepenicker am 12.09.19 17:59:12

Also der Kursverlauf lässt wohl eine Kapitalmaßnahme vermuten? Wenn ja wird diese sich anscheinend um die 1,54 € drehen. Ist schon auffällig, wie der Kurs die letzten Tage die 1,90 € überwinden wollten und nun plötzlich bei 1,54 € relativ stabil verharrt. Alles nur eine Vermutung und keine Aufforderung zum Handeln. Die Schlusskurse der letzten Tage, in Verbindung mit den Kursabstürzen, waren eventuell ein Vorbote. Gold ist stabil, was wichtig ist.

[Onlyaguy]

Einfach entspannt bleiben.. man soll ja keine Aktien kaufen die man nicht bereit ist ein Leben lang zu halten.. so weit wollen wir es nicht treiben, aber der Goldpreis wird seine Haussè fortsetzen wegen der Geldpolitik weltweit.. McEwen Mining war zwar nicht der Top-Perfomer in der Vergangenheit aber ich sehe die Entwicklung trotzdem positiv und starke Rücksetzer werde ich zum Kauf nutzen.. so bin ich aktuell schon bei 1,40€ Einstiegskurs runter und werde darunter weiter aufstocken.. ich mag Unternehmen mit starker Beteiligung des Managements am Erfolg.. Rob sitzt mit im Boat und wird alles dafür tun um langfristig erfolgreich zu sein..

[dosto]

Dem guten Rob werden die spesenabrechnungen, Flugtickets und sonstige Annehmlichkeiten die er nicht aus seiner Privatschatulle bezahlen. Muss, genug sein. Geld hat er eh genug

[Koepenicker]

Antwort auf Beitrag Nr.: 61.478.267 von Onlyaguy am 13.09.19 15:07:33

Auf ein Neues!

[bigyawn]

McEwen drills 5.6 m of 83.5 g/t Au at Stock

2019-09-30 06:08 ET - News Release

Mr. Sylvain Guerard reports
MCEWEN MINING: STOCK PROPERTY EXPLORATION - HIGH-GRADE INTERSECTIONS
McEwen Mining Inc. has released high-grade exploration drill results from its 100-per-cent-owned Stock property, part of the Black Fox complex, near Timmins, Canada.
"When we acquired the Black Fox Complex, we had very limited knowledge about the Stock Property. Our drilling has revealed the presence of a strongly mineralized gold system. Currently, our exploration program is assessing the occurrence of higher-grade gold zones or "shoots" within the wider and lower grade Stock East Deposit, and is generating some of the highest-grade intersections to date. Stock has become a top priority exploration target for us. Stock East's potential to become an economic deposit is enhanced by the advantage of being strategically located right next to our operating mill," commented Sylvain Guerard, SVP Exploration.
Highlights:
At Stock East, two high-grade drill intersections: 34.7 g/t gold over 5.9 m, including 74.1 g/t gold over 2.7 m, and 83.5 g/t gold over 5.6 m, including 417 g/t gold over 1.1 m, were encountered at a vertical depth of approximately 290 meters.
The presence of new high-grade intersections together with previous results strengthens our conviction that the Stock East Deposit hosts higher-grade zones that could potentially be mined using existing nearby underground mine workings (see Figure 2).
At Stock Deep, testing for the depth extension of the Stock Mine mineralization has produced a new intersection of 4.2 g/t gold over 7.5 m, including 25.9 g/t gold over 0.8 m. This intersection is 100 meters (330 ft) below the last reported deep intersection of 18 g/t gold over 9.1 m, including 120 g/t gold over 1.3 m (see Sept 4, 2019 news release). These results reinforce our belief that a strong mineralized system is continuing at depth.
On the Stock Property, drilling is continuing along the 3 km mine trend with four drill rigs: two rigs are focused on Stock East and two rigs are drilling the western section of the trend. A resource update for the Stock property is planned for year-end.

Selected New Drill Results from Stock Property


HOLE-ID From (m)To (m)Core Length (m)Estimated True Width (m)Gold Grade (g/t) Area
S19-97W1 1090.0 1099.0 9.0 7.47 4.17 Stock Deep
Including 1098.0 1099.0 1.0 0.83 25.90
SEZ19-28 337.0 343.5 6.5 5.91 34.71 Stock East
Including 339.8 342.5 3.0 2.73 74.13
SEZ19-35 324.3 330.5 6.2 5.64 83.49 Stock East
Including 325.3 326.5 1.2 1.09 417.00


Stock East
At Stock East the gold mineralization extends from surface to a depth of approximately 450 m. The initial resource estimate envisioned an open pit mining scenario at Stock East. However, the high-grade intersections encountered suggest the presence of higher-grade shoots within the lower grade resource area (see Figure 3). An infill drill program is ongoing to better assess this higher-grade mineralization.
Stock Deep
Exploration drilling by McEwen Mining in 2018 and 2019 tested the potential of the mineralized system to extend below the lowest levels of the Stock Mine. Production from this mine ceased in 2004 at a relatively shallow depth of only 330 m (1,080 ft). Total production was 137,000 ounces of gold at an average grade of 5.4 g/t Au.
In 2018, hole S18-31 intersected multiple intervals of mineralization up to a depth of 650 m (2,130 ft) below surface under the mine workings. The best intersections from hole S18-31 include: 5.6 g/t Au over 3.3 m, including 14.8 g/t Au over 1.0 m; and 7.0 g/t Au over 3.8 m, including 30.1 g/t Au over 0.8 m; and 3.8 g/t Au over 4.0 m.
During Q2 2019, hole S19-95 intersected mineralization 250 m (820 ft) below the positive 2018 results intersected in hole S18-31, and 950 m below surface. Multiple zones of alteration and mineralization were observed, including visible gold. The best interval received from this hole is 18.0 g/t Au over 9.1 m, including 120 g/t Au over 1.3 m, including 311 g/t Au over 0.5 m.
A new result of 4.2 g/t gold over 7.5 m, including 25.9 g/t gold over 0.8 m was returned from hole S19-97W1 at a vertical depth of 1,020 m (3,345 ft) (see Figure 2). The gold mineralization is hosted in fuchsite-altered ultramafics, and could potentially represent the depth extension of the historical "N2 Zone" of the Stock Mine, which produced 80,000 oz of gold at an average grade of 6.2 g/t Au.
Property and Geologic Information
The Stock Property is the site of McEwen Mining's Stock Mill, which currently processes ore from the Black Fox Mine. The mill has a capacity of approximately 2,000 tonnes per day and is currently underutilized. Previously the mill processed ore from the historical underground Stock Mine that was in intermittent production from the early 1980s until 2004.
Known mineralization occurs along the prolific Destor Porcupine Fault (DPF), which crosses the property from West to East over a strike length of approximately 8 km. A significant NE-SW trending fault (the Nighthawk Fault) intersects the DPF near the Stock Mine making the area a prime structural setting for gold mineralization (see Figure 1). In addition to these major structures, the property also exhibits other characteristics of strongly mineralized systems: intense alteration, multi-style and multi-phase mineralization, and significant gold mineralization hosted in various rock types, including wide intersections of 10-30 meters at 1-2 g/t Au, and also higher-grade intersections of +10 g/t Au.
Gold mineralization at the Stock Property consists of disseminated sulfides (mostly pyrite) and quartz-carbonate stockwork and breccia, hosted in sericite-silica-albite and fuchsite altered mafic and ultramafic volcanic rocks, and in highly siliceous and albite-rich dykes.
ABOUT MCEWEN MINING
McEwen Mining is a diversified gold and silver producer and explorer with operating mines in Nevada, Canada, Mexico and Argentina. It also owns a large copper deposit in Argentina. McEwen's goal is to create a profitable gold and silver producer focused in the Americas.
TECHNICAL INFORMATION
Technical information pertaining to geology and exploration contained in this news release has been prepared under the supervision of Ken Tylee, P.Geo. Mr. Tylee is a "qualified person" within the meaning of NI 43-101.
Black Fox Complex drilling (including the Stock Property) was conducted by Major Drilling and Norex Drilling and supervised by McEwen's Geology Department. All exploration drill core samples at the Stock Property were submitted as 1/2 core. Analyses reported herein were usually performed by the fire assay method by the independent laboratories: ALS Laboratories (ISO 9001/IEC17025 certified) and AGAT Labs (ISO 9001/IEC17025 certified). On occasion, a screen metallic fire assay technique is used to determine coarse and fine gold in samples and utilises a larger volume of the sample. The plus fraction is fire assayed for gold and a duplicate assay is performed on the minus fraction. Size fraction weights, coarse and fine fraction gold content and total gold content are reported. McEwen's quality control program includes systematic insertion of blanks, standard reference material and duplicates to ensure laboratory accuracy.
To determine the lengths of significant mineralized intervals, the following composite criteria were established.
Stock East: a minimum reportable interval length of 3 m was determined by establishing a cut-off grade of 1 g/t gold. A consecutive maximum length of 3 m of internal waste, including sub cut-off grade material, is allowed and incorporated into the reported composites. Where an interval of less than 3 m is considered, if the grade x length calculation is greater than 3, it may be reported.
Stock Deep: a minimum reportable interval length of 3 m was determined by establishing a cut-off grade of 3 g/t gold. A consecutive maximum length of 3 m of internal waste, including sub cut-off grade material, is allowed and incorporated into the reported composites. Where an interval of less than 3 m is considered, if the grade x length calculation is greater than 6, it may be reported.
There is no top cutting or capping of assays.
We seek Safe Harbor.
© 2019 Canjex Publishing Ltd. All rights reserved.

[Koepenicker]

Antwort auf Beitrag Nr.: 61.597.450 von bigyawn am 30.09.19 14:55:44

Sehr gute News! Das Potenzial steigt und der Einkaufspreis fällt sozusagen!

[marstru]

Irgendwie kennt das angeblich so hohe Beta zu Gold bei Mux irgendwie nur eine Richtung

[Ramses21]

Antwort auf Beitrag Nr.: 61.598.116 von Koepenicker am 30.09.19 16:13:23

Gute News aber der Aktienkurs sollte dies auch irgendwann spiegeln.

[Ramses21]

Laut der neuesten Präsentation vom 10. Oktober wird über eine komplette Einstellung der Produktion von Black Fox nachgedacht, damit die dortige Produktion komplett überarbeitet werden kann. Die Drilling Resultat dort sind sehr gut, aber die Produktion läuft einfach nicht. Denke die Erkenntnis daß die Einstellung der Produktion zunächst notwendig ist, ist Mitte des Jahres gereift. Aber der Markt muss ja zunächst entsprechend vorbereitet werden. Kann sein, dass die Aktie dieses Jahr noch Mal zu € 1,20 oder tiefer gekauft werden kann.

[bigyawn]

McEwen drills 51.8 m of 2.21 g/t Au at Gold Bar

2019-10-15 06:50 ET - News Release

Ms. Christina McCarthy reports
MCEWEN MINING: EXPLORATION DRILLING AT THE GOLD BAR MINE CONTINUES TO EXPAND MINERALIZATION
McEwen Mining Inc. has released an update on near-surface and deep exploration drilling progress at its Gold Bar mine property in Nevada, where the company commenced commercial production earlier this year.
Drilling at Gold Bar South has successfully defined additional mineralization that is expected to increase the company's gold resource/reserve base and extend the Gold Bar mine's life. Estimates of the increase will be released in early 2020. Subject to permitting advancing as planned, the mining of Gold Bar South could begin in early 2021. In addition, drilling is planned later this year on the Gold Canyon property; this new acquisition and former producer is located within the Gold Bar mine property.
The company's deep drilling program has begun to test for deep gold in sulphide targets similar to Barrick Gold's latest discoveries Gold Rush and Fourmile, which are located on trend 25 miles north of the Gold Bar property. The first deep drill hole is completed and was a geological success as it confirmed the presence of the right host rock units over a large intercept of 1,217 feet (370 metres), which contained anomalous gold pathfinder elements and alteration indicating hydrothermal fluid movement through the rock formation, but it did not contain any gold values. A second deep hole, located 3.2 miles (5.2 kilometres) away, is in progress.
Gold Bar South deposit
The Gold Bar mine deposits host gold reserves of 524,000 ounces at 0.029 ounce per ton (one gram per tonne) within measured and indicated gold resource of 720,000 ounces, and inferred gold resources of 106,000 ounces (as of Dec. 31, 2018). The Gold Bar South deposit contains a further estimated indicated resource of 3,488,000 tons at 0.029 ounce per ton (one g/t) for 100,000 gold ounces. Gold Bar South is located 3.5 miles (5.6 km) southeast of the Gold Bar mine.
A 60-hole drill program is under way at Gold Bar South with the goal of increasing the Gold Bar mine's life beyond its current 7.4 years. Results have been received for 32 new holes, which have shown mineralization extending below the 2018 conceptual open-pit mine boundary. This drilling has encountered an area of higher-grade oxide mineralization of two g/t), which currently measures 50 m wide, 50 m long and 50 m thick. It is a zone of silicification and breccia bounded by northeast- and northwest-trending faults. A resource update for Gold Bar South will be completed by the end of the year, and a new reserve statement will be published in January, 2020.

SELECTED DRILL INTERSECTIONS FROM GOLD BAR SOUTH

Imperial Metric
Hole ID From To Length Au From To Length Au
(ft) (ft) (ft) (oz/t) (m) (m) (m) (g/t)

GB489 230 290 60 0.018 70.1 88.4 18.3 0.62
GB521 85 225 140 0.068 25.9 68.6 42.7 2.32
GB522 130 300 170 0.065 39.6 91.4 51.8 2.21
GB523 20 175 155 0.061 6.1 53.3 47.2 2.10
GB524 155 250 95 0.047 47.2 76.2 29.0 1.61
GB525 250 285 35 0.018 76.2 86.9 10.7 0.63
GB527 135 200 65 0.028 41.2 61.0 19.8 0.95
GB529 190 215 25 0.015 57.9 65.5 7.6 0.50


Deep drilling targeting high-grade sulphide potential
The Gold Bar mine property is located on the prolific Battle Mountain-Eureka trend, which includes the nearby Cortez district and the recent world-class discoveries Gold Rush and Fourmile. Gold Bar has several similarities to Cortez including: a large mineralization and alteration footprint of three miles by 7.5 miles (five km by 12 km), northwest-southeast structural controls to mineralization, and the same age and type of host rocks. Gold Bar already has a significant gold endowment of 1.7 million ounces (1) and is still underexplored, particularly at depth, compared with many mine properties in Nevada.
Two deep holes are planned this year to test for higher-grade gold mineralization at depth. One hole has been completed at Pot Canyon near the Wall fault, which is the extension of the Cortez fault, and a second hole is currently being drilled at Cabin Creek. The first hole (GB470) intersected near-surface mineralization, returning 0.8 g/t gold over 23.8 m oxide, and 1.3 g/t gold over 16.2 m sulphide from 11 to 51 m below surface. At depth the hole was targeting the Roberts Mountain and Hanson Creek stratigraphy, which it intersected over a length of 1,217 feet (370 m) starting at a depth of 3,900 feet (1,200 m). Analysis showed alteration (remobilized carbon) and anomalous pathfinder elements suggesting mineralization potential within this formation.
The second deep hole at Cabin Creek is targeting Roberts Mountain and Hanson Creek-hosted mineralization at an estimated depth of 2,500 feet (750 m). So far, the drill hole has encountered 377 feet (84 m) of jasperoid from a depth of 2,000 feet (600 m), that is interpreted to be silicified Roberts Mountain formation, again suggesting mineralization potential within the formation. No assays are completed and the hole is continuing deeper.
(1) Gold endowment equals past production plus current resources (including reserves).
Gold Canyon acquisition
The recently acquired Gold Canyon property consists of a block of mineral claims within the Gold Bar property. These claims host near-surface oxide mineralization similar to Gold Bar and historically produced about 41,000 ounces of gold. Drilling data by previous owners show that mineralization continues below the bottom of the open pit, with intersections such as 1.9 g/t gold over 16.8 m. Drilling is planned to begin at Gold Canyon in the fourth quarter.
About McEwen Mining Inc.
McEwen Mining is a diversified gold and silver producer with operating mines in Nevada, Canada, Mexico and Argentina. It also owns a large copper deposit in Argentina. McEwen's goal is to qualify for inclusion in the S&P 500 Index by creating a profitable gold and silver producer focused in the Americas.
Technical information
The technical contents of this news release have been reviewed and approved by Robert L. Kastelic, CPG, McEwen Mining's chief exploration geologist, who is a qualified person as defined by Canadian Securities Administrators' National Instrument 43-101 "Standards of Disclosure for Mineral Projects."
We seek Safe Harbor.
© 2019 Canjex Publishing Ltd. All rights reserved.

[Ramses21]

Also bei McEwen ist doch wirklich Sand im Getriebe. Hat wer den Grund für den Verlust von gestern mitbekommen?

[bigyawn]

McEwen Mining produces 45,930 oz AuEq in Q3

2019-10-17 06:54 ET - News Release

Mr. Rob McEwen reports
MCEWEN MINING REPORTS Q3 2019 PRODUCTION RESULTS
McEwen Mining Inc.'s consolidated production for the third quarter of 2019 was 35,043 gold ounces and 947,146 silver ounces, or 45,930 gold equivalent ounces using the average gold:silver price ratio for the third quarter of 87:1. For the nine months ended Sept. 30, 2019 we have produced 128,125 GEOs, or 74% of our revised guidance midpoint of 172,500 GEOs. Our Gold Bar Mine continued to improve during the third quarter, achieving several key performance benchmarks for ore production, crushing throughput, and gold production. Gold Bar produced almost 5,000 GEOs in September, which is in line with our plan and approaching the designed capacity of the process plant. The San Jose and El Gallo mines performed well, meeting their production targets. At our Black Fox Mine, underground mining operations continued to be challenging, however high-grade exploration results at both the Black Fox and Stock properties are providing reason for excitement for the future. The latest exploration drilling from Stock East returned impressive intercepts, such as: 83.5 g/t gold over 5.6 m, including 417 g/t over 1.1 m; and 34.7 g/t gold over 5.9 m, including 74.1 g/t over 2.7 m (news release dated September 30, 2019).




Table 1 - Consolidated Production Summary


Q1 Q2 Q3 Full Year
2018 2019 2018 2019 2018 2019 2018 2019 Guidance
Gold (oz) 35,069 26,938 36,959 36,216 33,806 35,043 135,203131,000-138,000
Silver (oz)695,651703,219772,432850,525745,172947,1463,032,694 3,225,000
GEOs(1) 44,344 36,315 47,258 45,881 43,742 45,930 175,640169,000-176,000


(1) 'Gold Equivalent Ounces' are calculated based on a 75:1 gold to
silver price ratio for periods up to and including Q1 2019, 88:1 for Q2
2019, and 87:1 for Q3 2019. 2019 GEO Guidance assumes a 85:1 ratio.

Rob McEwen, Chairman and Chief Owner commented: "Exploration continued to shine this quarter with Stock and Grey Fox drill results returning multi-ounce gold intersections at relatively shallow depths. In Nevada, our Gold Bar Mine produced almost 5,000 ounces of gold in September. Drilling at Gold Bar South returned several new drill holes showing broad intervals of grades better than twice that of the current resource, which should enhance the project's economics. Our focus is on exploration to grow our production and extend the life of our mines."
Gold Bar Mine, Nevada (100%)
Gold Bar produced 11,029 gold ounces in Q3. Since reaching commercial production during Q2, the mine has been able to reach several operational benchmarks, and gold output is increasing during the second half of 2019.
Our 2019 exploration budget for the Gold Bar property is $5 million, with a focus on near surface oxide and deep sulphide targets. Drilling at Gold Bar South has successfully defined additional mineralization that is expected to increase our gold resource and reserve base and extend the Gold Bar Mine's life. The updated resource and reserve for Gold Bar South will be released in early 2020. Subject to permitting advancing as planned, mining at Gold Bar South could begin in early 2021.
Our deep drilling program has begun to test for deep sulfide gold targets similar to Barrick Gold's latest discoveries Gold Rush and Fourmile, which are located on trend 25 miles North of the Gold Bar property. Two deep holes are planned this year to test for higher-grade gold mineralization at depth. The first deep drill hole is completed and was a geological success, as it confirmed the presence of the right host rock units over a large intercept of 1,217 ft. (370 m), which contained anomalous gold-pathfinder elements and alteration indicating hydrothermal fluid movement through the rock formation, but it did not contain any gold values. A second deep hole, located 3.2 miles (5.2 km) East of the first, is in progress.
Black Fox Mine, Timmins, Canada (100%)
Black Fox produced 7,421 gold ounces in Q3. Production was below our expectations, primarily because of insufficient working areas and delays in advancing underground development.
Our 2019 exploration budget for the Black Fox Complex is $18 million and includes surface and underground drilling. Drilling started in April and there are currently 14 surface rigs and one dedicated underground rig actively exploring on the Black Fox and Stock properties. The best results are coming from the Stock Property, where our mill is located, and the Grey Fox deposit area at the Black Fox Property, where exploration is adding to already significant gold resources. Underground drilling at the Black Fox Mine is focusing on resource development along the western flank of the mine and at depth below 900 m.
San Jose Mine, Santa Cruz, Argentina (49%(2))
San Jose is on-track to achieve our full year guidance for 2019 of 49,000 gold ounces and 3,225,000 silver ounces. Our attributable production from San Jose in Q3 was 13,575 gold ounces and 943,037 silver ounces, for a total of 24,415 GEOs. Exploration at San Jose is focusing on San Jose South and Aguas Vivas, a poly-metallic sulfide deposit with gold, silver, lead and zinc about 8 km from the mine. In Q4, exploration is also planned in areas surrounding Newmont Goldcorp's Cerro Negro Mine, which produced 490,000 ounces of gold in 2018.
El Gallo Project, Sinaloa, Mexico (100%)
El Gallo is expected to produce 16,000 gold ounces in 2019. It produced 3,018 gold ounces in Q3 from residual leaching of the heap leach pad.
Third Quarter Financial Results
Operating costs for the quarter ended September 30, 2019 will be released with our 10-Q Quarterly Financial Statements at the end of October.
ABOUT MCEWEN MINING
McEwen Mining is a diversified gold and silver producer and explorer with operating mines in Nevada, Canada, Mexico and Argentina. It also owns a large copper deposit in Argentina. McEwen's goal is to create a profitable gold and silver producer focused in the Americas.
Technical Information
The technical content of this news release has been reviewed and approved by Chris Stewart, P.Eng., President & COO of McEwen Mining and a Qualified Person as defined by Canadian Securities Administrators National Instrument 43-101 "Standards of Disclosure for Mineral Projects."
We seek Safe Harbor.
© 2019 Canjex Publishing Ltd. All rights reserved.

[festos]

Ich weiß nicht wie ihr das seht, aber alle meterlang publizierten Bohrergebnisse führen offensichtlich nicht zu einem adäquaten Kursverlauf. Im Gegenteil, der 1-jährige Trend ist negativ, obwohl der Goldpreis zugelegt hat. Ich bin begeistert von Rob, aber von Aktienperformance eher weniger.

festos

[Ramses21]

Antwort auf Beitrag Nr.: 61.712.570 von festos am 17.10.19 17:57:59

Die Aktienperformance ist einfach grottenschlecht. Aber mir gefällt gut, dass die Firma alles zum aktuellen Goldpreis verkauft. Das ist sowas wie ein Optionschein auf den Rohstoff. Geduld braucht man trotzdem.

[meichel]

Beteiligung an High Gold Mining

https://www.proactiveinvestors.com.au/companies/amp/news/905…

[ernestokg]

Antwort auf Beitrag Nr.: 61.714.068 von Ramses21 am 17.10.19 22:11:03

Zitat von Ramses21: Die Aktienperformance ist einfach grottenschlecht. Aber mir gefällt gut, dass die Firma alles zum aktuellen Goldpreis verkauft. Das ist sowas wie ein Optionschein auf den Rohstoff. Geduld braucht man trotzdem.

Leider , leider hast du Recht !

Laut Capital Economics soll Gold im nächsten Jahr deutlich fallen, wie tief wir es da wohl mit MUX nach unten gehen ? JT 2015 ?

[festos]

Unabhängig von der Goldpreisentwicklung frage ich mich wie stark die Organisation für die Zukunft vorbereitet ist. Rob ist ohne Zweifel die treibende Kraft im Unternehmen. Ein Mann mit Charisma und Visionen. Aber wer ist da noch tätig
und könnte Rob ersetzen falls erforderlich??

[bigyawn]

McEwen drills 39 m of 6.7 g/t Au at Stock

2019-10-28 06:37 ET - News Release

Mr. Sylvain Guerard reports
MCEWEN MINING: STOCK PROPERTY CONTINUES TO IMPRESS
A distinct, new high-grade occurrence of gold mineralization has been found on McEwen Mining Inc.'s Stock property, part of the Black Fox complex, near Timmins, Canada.
" Results from our first drill holes suggest the potential to define a significant new zone of mineralization at Stock West . The economic importance is enhanced by being well located right next to our mill and the underground workings of the historic Stock Mine," commented Sylvain Guerard, SVP Exploration.
Highlights:
Drilling at Stock West returned four significant intersections:
6.7 g/t Au over 39 m (Drill Hole S19-101) 5.6 g/t Au over 30 m, including 9.1 g/t Au over 13 m (Drill Hole S19-98) 5.6 g/t Au over 29.1 m, including 15.0 g/t Au over 5.1 m (Drill Hole S19-105) 3.2 g/t Au over 17.5 m, including 4.3 g/t Au over 9.5 m (Drill Hole S19-104)
A total of eight drill holes have been completed at Stock West, and assays have been received for six holes to date (see Figures 2 & 3). All eight holes intersected the favorable host rock, a coarse-grained magnesite-fuchsite-dolomite carbonated altered ultramafic unit. Assay values from the well-mineralized intersections are consistent across the intervals, with gold present in both the veinlets and within the ultramafic itself. In addition, a pyrite-rich felsic dyke has been intersected in three holes. This dyke occurs next to the ultramafic intrusive unit and carries visible gold throughout. In hole S19-105, the felsic dyke returned assay results of 13.2 g/t Au over 5.4 m. These styles of mineralization differ from most other mineralization on both the Stock and Black Fox properties.
Similar coarse-grained ultramafic host rocks appear at part of Stock Deep (result highlighted below), and the potential for a connection with Stock West (a gap of over 2,000 ft. or 600 m) will be tested.
This new mineralization has been intersected from 1,280 to 1,670 ft. (390 to 510 m) below surface and horizontally for 575 ft. (175 m) and remains open at depth and along strike. Four surface drill rigs are actively drilling at Stock West.
Stock East and Stock Deep
The 2019 drilling program at Stock has been successful returning multiple intersections of high-grade gold mineralization along a 2-mile (3-kilometer) long segment of the Porcupine-Destor Fault (PDF). In addition to the results reported today at Stock West, other recently reported high-grade drill results from the Stock Property included the following.
Stock Deep: 18.0 g/t Au over 9.1 m, including 120 g/t Au over 1.3 m (September 4, 2019 news release); and Stock East: 34.7 g/t Au over 5.9 m, including 74.1 g/t Au over 2.7 m; and 83.5 g/t Au over 5.6 m, including 417 g/t Au over 1.1 m (September 30, 2019 news release).


New Drill Results from Stock West


HOLE-ID From (m)To (m)Core Length* (m)Gold Grade (g/t)
S19-98 472.0 502.0 30.0 5.63
Including 472.0 485.0 13.0 9.09
S19-101 482.0 490.0 8.0 1.37
Including 489.0 490.0 1.0 7.73
And 497.0 536.0 39.0 6.72
Including 502.0 503.0 1.0 16.70
Including 509.0 510.0 1.0 11.25
Including 523.0 524.0 1.0 41.40
Including 530.0 531.0 1.0 11.00
S19-102 398.0 400.0 2.0 3.06
And 469.0 477.0 8.0 3.05
S19-103 517.0 519.0 2.0 1.68
And 561.2 564.2 3.0 1.61
S19-104 447.5 465.0 17.5 3.22
Including 447.5 457.0 9.5 4.56
S19-105 475.0 504.1 29.1 5.62
Including 499.0 504.1 5.1 14.97
S19-106 Assays pending
S19-107 Assays pending


* True widths are estimated at 65% of the core
length for holes #98, 101 and 102, and 75% for #103-105.


Property and Geologic Information
The Stock Property is metal stream-free and the site of McEwen Mining's Stock Mill, which currently processes ore from the Black Fox Mine. The mill has a capacity of approximately 2,000 tonnes per day. The Stock Mine was in production from the early 1980s until 2004, and was developed to a depth of 1,000 ft. (300 m). The Stock West target is located approximately 1,000 ft. (300 m) west from existing underground development at the historical Stock Mine and 2/3 mile (1,000 m) from the mill.
Gold mineralization at the Stock Property occurs along the prolific regional PDF, which crosses the property from west to east for 5 miles (8 km). The Nighthawk Fault is a significant NE-SW trending fault that intersects the PDF near the Stock Mine, making the area a prime structural setting for gold mineralization. In addition to these major structures, the property also exhibits other characteristics of strongly mineralized systems in the prolific Abitibi Greenstone Belt: intense alteration, multi-style and multi-phase mineralization, and significant gold mineralization hosted in various rock types.
ABOUT MCEWEN MINING
McEwen Mining is a diversified gold and silver producer and explorer with operating mines in Nevada, Canada, Mexico and Argentina. It also owns a large copper deposit in Argentina. McEwen's goal is to create a profitable gold and silver producer focused in the Americas.
McEwen has approximately 362 million shares outstanding. Rob McEwen, Chairman and Chief Owner, owns 22% of the shares.
TECHNICAL INFORMATION
Technical information pertaining to geology and exploration contained in this news release has been prepared under the supervision of Ken Tylee, P.Geo. Mr. Tylee is a "qualified person" within the meaning of NI 43-101.
Black Fox Complex drilling (including the Stock Property) was conducted by Major Drilling and Norex Drilling and supervised by McEwen's Geology Department. All exploration drill core samples at the Stock Property were submitted as 1/2 core. Analyses reported herein were usually performed by the fire assay method by the independent laboratories: ALS Laboratories (ISO 9001/IEC17025 certified) and AGAT Labs (ISO 9001/IEC17025 certified). Screen metallic fire assay technique is used to determine coarse and fine gold in samples and utilises a larger volume of the sample. The plus fraction is fire assayed for gold and a duplicate assay is performed on the minus fraction. Size fraction weights, coarse and fine fraction gold content and total gold content are reported. McEwen's quality control program includes systematic insertion of blanks, standard reference material and duplicates to ensure laboratory accuracy. To determine the lengths of significant mineralized intervals, the following composite criteria were established.
Stock West: a minimum reportable interval length of 3 m was determined by establishing a cut-off grade of 1 g/t gold. A consecutive maximum length of 3 m of internal waste, including sub cut-off grade material, is allowed and incorporated into the reported composites. Where an interval of less than 3 m is considered, if the grade x length calculation is greater than 3, it may be reported.
We seek Safe Harbor.
© 2019 Canjex Publishing Ltd. All rights reserved.

[festos]

Und was sagt uns das? Ich vermute mal, wir werden keine positive Kursreaktion sehen!

[marstru]

Neue Bohrergebnisse

Gute Ergebnisse, ich finde eigentlich sogar sehr gute, aber so wie man Mux kennt, wird das wohl wieder verpuffen. Was solls, Geduld ist angesagt.

https://www.mcewenmining.com/investor-relations/press-releas…

[Ramses21]

Antwort auf Beitrag Nr.: 61.780.670 von marstru am 28.10.19 13:08:54

Natürlich wird das verpuffen. Ich erwarte dieses Jahr noch die offizielle Einstellung der Minenaktivitäten bzw der Untenproduktion auf Black Fox. Das wird den Kurs wieder auf € 1,20 fallen lassen.

[iam57]

https://translate.google.com/translate?depth=1&hl=de&rurl=tr…

[iam57]

..so sollte es sein... Sorry

https://translate.google.com/translate?hl=de&sl=en&tl=de&u=h…

[TommyX11]

McEwen Mining EPS beats by $0.05, misses on revenue

https://seekingalpha.com/news/3511279-mcewen-mining-eps-beat…

Licht am Ende des Tunnels?

Wenn Rob die Kosten für Black Fox runterbringt und Gold Bar startet könnten das positive Katalysatoren sein.

[bigyawn]

McEwen Mining loses $13.3-million (U.S.) in Q3

2019-10-30 06:24 ET - News Release

Ms. Christina McCarthy reports
MCEWEN MINING: Q3 2019 RESULTS
McEwen Mining Inc. has released its results for the third quarter ended Sept. 30, 2019. Total production during Q3 was 35,042 gold ounces and 947,145 silver ounces, or 45,930 gold equivalent ounces using the average gold:silver price ratio for Q3 of 87:1. The company's four producing mines generated earnings from mining operations of $9.4-million during the quarter. The company continued to invest in exploration and development, spending $15.8-million on advanced projects during Q3, which contributed to the company's consolidated net loss of $11.5-million, or three cents per share.
Q4 2019 and 2020 outlook
During Q4 2019, the company expects to produce between 42,000 and 46,000 AuEq ounces, placing the company near the midpoint of its guidance range for the year. Cash costs and AISC (all-in sustaining costs) will be elevated at Gold Bar due to improvements and repairs to the conveying systems and process plant. Cash costs at Black Fox are expected to return to the levels the company guided for the year, and AISC is expected to remain above guidance due to additional sustaining capital expenditures.
For 2020, the company expects an overall improvement in AuEq ounces produced and the company's global cost per AuEq ounce compared with 2019, as Gold Bar is forecast to produce 65,000 to 70,000 gold ounces during the year. Production and cost guidance for 2020 will be provided with the company's Q4 results.
Operations update
San Jose mine, Argentina (49-per-cent interest)
The mine is on track to achieving the company's full-year guidance for 2019 of 49,000 gold ounces and 3,225,000 silver ounces. The company's attributable production from San Jose in Q3 was 13,575 gold ounces and 943,037 silver ounces, for a total of 24,415 AuEq ounces, compared with 21,676 AuEq ounces in 2018. Cash costs and all-in sustaining costs (AISC) were $915 and $1,204 per AuEq ounce, respectively, in line with the company's guidance for the year. During the third quarter the company received $2-million, and subsequent to the end of the quarter the company received a further $3-million, in dividends from the company's interest in the San Jose mine.
Black Fox mine, Canada (100-per-cent interest)
In Q3, Black Fox produced 7,427 gold ounces, compared with 11,618 gold ounces in 2018. Cash costs and AISC were $941 and $1,363, respectively. AISC was above the company's guidance primarily due to lower-than-expected gold production.
The company's 2019 exploration budget for the Black Fox complex is $18-million. For detailed information about the company's continuing exploration at the Black Fox complex, refer to the company's news releases dated July 10 and July 25, Sept. 4, Sept. 10 and Sept. 30, and Oct. 28.
Gold Bar mine, USA (100-per-cent interest)
The third quarter was the first full quarter of commercial production at Gold Bar. Production during Q3 was 11,030 gold ounces. Cash costs and AISC were above guidance at $1,088 and $1,235 per AuEq ounce, respectively, primarily due to operational challenges during the first half of the year.
The company's 2019 exploration budget for the Gold Bar property is $5-million. Drilling focused on Gold Bar South in order to advance permitting, with the objective of having development begin in late 2020. The company also drilled two deep holes to test the potential of the property for Carlin-type gold deposits. For detailed information about the company's Nevada exploration program, refer to the company's news releases date Aug. 20, and Oct. 15.
El Gallo mine, Mexico (100-per-cent interest)
The mine is on track to achieving the company's full-year production guidance for 2019 of 16,000 gold ounces. During Q3, the mine produced 3,057 gold equivalent ounces. Cash costs and AISC were $1,153 and $1,177 per AuEq ounce, respectively. Production from residual leaching decreased due to depletion of the leachable gold content and the normal impact of the wet season. The company is evaluating several methods of enhancing and extending the existing operation.
Work on the Fenix project feasibility study and permitting is progressing. During Q3 environmental permits were received for phase 1 plant development and in-pit tailings storage.
Los Azules project, Argentina (100-per-cent interest)
During Q3, the company continued to advance permitting efforts, preliminary engineering and cost estimating for the proposed low-altitude all-year access route.
The associated table provides production and cost results for Q1, Q2 and Q3 2019 and comparative results from 2018 along with production and cost guidance for the full year 2019.

PRODUCTION AND COSTS
Full-year
Q1 Q2 Q3 2019 guidance
2018 2019 2018 2019 2018 2019
Total production
Gold (oz) 35,068 26,938 36,959 36,216 33,806 35,042 131,000-138,000
Silver (oz) 695,651 703,219 772,432 850,525 745,172 947,145 3,225,000
GEO 44,344 36,315 47,258 45,881 43,742 45,930 169,000-176,000
San Jose mine,
Argentina (49%)
Gold (oz) 10,822 10,559 12,139 13,518 11,768 13,575 49,000
Silver (oz) 692,052 701,341 769,197 848,268 743,100 943,037 3,225,000
GEOs 20,049 19,910 22,395 23,157 21,676 24,415 87,000
Cash costs ($/GEO) $934 $749 $806 $960 $856 $915 $860
AISC ($/GEO) 1,148 1,115 1,065 1,207 1,028 1,204 1,120
El Gallo mine, Mexico
GEOs 12,217 5,432 10,808 5,354 10,448 3,057 16,000
Cash costs ($/GEO) 691 967 783 926 671 1,153 875
AISC ($/GEO) 753 989 816 939 683 1,177 915
Black Fox mine, Canada
GEOs 12,078 8,943 14,055 9,430 11,618 7,427 36,000-40,000
Cash costs ($/GEO) 849 805 771 837 932 941 905
AISC ($/GEO) 1,188 1,454 1,056 1,196 1,285 1,363 1,080
Gold Bar mine, Nevada
GEOs - 2,030 - 7,940 - 11,030 30,000-33,000
Cash costs ($/GEO) - - - 901 - 1,088 930
AISC ($/GEO) - - - 1,088 - 1,235 975

FINANCIAL HIGHLIGHTS

Q3 2018 Q3 2019 Q3 YTD 2018 Q3 YTD 2019
Treasury
Liquid assets ($ millions) $54.0 $18.5 $54.0 $18.5
Working capital ($ millions) 37.9 16.5 37.9 16.5
Debt (term loan) ($ millions) 50.0 50.0 50.0 50.0
Earnings (loss) from mining operations
Black Fox mine (loss) ($ millions) (0.3) 0.1 6.9 1.9
San Jose mine (loss) (49%) ($ millions) (1.7) 6.4 3.7 9.6
El Gallo mine ($ millions) 6.8 1.1 24.5 4.9
Gold Bar mine ($ millions) - 1.8 - 3.9
Consolidated net income
Net (loss) ($ millions) (13.3) (11.5) (23.9) (34.6)
Net (loss) per share ($) (0.04) (0.03) (0.07) (0.10)
Cash flow
Cash provided by (used in)
operating activities ($ millions) (1.4) (12.8) (0.8) (21.9)


Conference call and webcast
The company invites you to join its conference call, where management will discuss the company's Q3 financial results and project developments and follow with a question-and-answer session. Questions can be asked directly by participants during the webcast. The webcast will be archived on the McEwen website following the call:

Wednesday, Oct. 30, 2019, 11 a.m. Eastern Daylight Time;
Toll-free U.S. and Canada: 1-866-211-4128;
Outside U.S. and Canada: 1-647-689-6724;
Conference ID: 3788346.

Management will reference slides from a presentation during the conference call.
About McEwen Mining Inc.
McEwen Mining is a diversified gold and silver producer with operating mines in Nevada, Canada, Mexico and Argentina. It also owns a large copper deposit in Argentina. McEwen's goal is to qualify for inclusion in the S&P 500 Index by creating a profitable gold and silver producer focused in the Americas.
We seek Safe Harbor.
© 2019 Canjex Publishing Ltd. All rights reserved.

[Ramses21]

Antwort auf Beitrag Nr.: 61.800.820 von bigyawn am 30.10.19 18:07:40

Und es sind nur noch $ 18,5 Millionen in der Kasse. Da muss man sich schon fragen, wann die nächste KE kommt und wann endlich ein Plus hängen bleibt. Investitionen hin oder her, irgendwann muss Geld in der Kasse bleiben.

[Onlyaguy]

Antwort auf Beitrag Nr.: 61.803.961 von Ramses21 am 31.10.19 07:06:44

Bitte keine KE!!! Das ist aus meiner Sicht gar nicht notwendig und ich hoffe das Rob nicht solche Gedanken hegt.. Grundsätzlich ist das Kapital ausreichend und wenn die Kosten jetzt endlich in die gewünschten Regionen von 1000$ pro Unze sich normalisieren, sollte aus dem Working Capital alles bezahlt werden können.. Das eigentliche Problem für die hohen Kosten waren die Startschwierigkeiten in Gold Bar und Balck Fox, doch diese scheint man ja endlich in den Griff zu bekommen und die Geologie sowie speziellen Eigenarten einer jeden Mine kennengelernt zu haben, sowie die teuren Explorationsprogramme.. Ich sehe nur dann eine KE als notwendig an, wenn Rob für 2020 weitere extrem kostspielige Bohrprogramme aufsetzt, anstatt erstmal die Minenentwicklung voranzutreiben.. Diese Gefahr ist nicht unreal, da Rob der Welt zeigen möchte das er Recht hatte und eine seiner Minen ein riesiges Vorkommen von weit über 3mio Unzen in Tiefen von 1000m hat.

Viel Glück an alle Investierten..

[Ramses21]

Antwort auf Beitrag Nr.: 61.805.530 von Onlyaguy am 31.10.19 09:43:03

Wo bekommt Rob die Probleme bei Black Fox in den Griff? Hast du bei den letzten News zwischen den Zeilen gelesen? Für mich sieht das so aus, dass die Produktion komplett eingestellt werden muss, und die Produktion bei Black Fox komplett überarbeitet und neu umgestellt werden muss. Das wird teuer werden.

[Onlyaguy]

Falls du die Präsi noch nicht gesehen hast.. ab der 21min geht es mit Black Fox los.. a es gibt Probleme und diee werden uns auch noch eine Zeit lang begleiten, weil man nicht alles abstellen kann auf Anhieb.. aber das Potenzial mit Black Fox für die Zukunft wird für McEwen wahrscheinlich ein Elevator-Pitch..

[Onlyaguy]

Antwort auf Beitrag Nr.: 61.813.528 von Onlyaguy am 01.11.19 09:56:42

Zitat von Onlyaguy: Falls du die Präsi noch nicht gesehen hast.. ab der 21min geht es mit Black Fox los.. a es gibt Probleme und diee werden uns auch noch eine Zeit lang begleiten, weil man nicht alles abstellen kann auf Anhieb.. aber das Potenzial mit Black Fox für die Zukunft wird für McEwen wahrscheinlich ein Elevator-Pitch..

[marstru]

Antwort auf Beitrag Nr.: 61.813.531 von Onlyaguy am 01.11.19 09:57:33

Der alte Rob erzählt auch immer dasselbe. Trotzdem bin ich ein Fan von ihm. Schließlich gab es mal Zeiten, da hab ich mit MUX richtig Geld verdient. Ich hab gelesen, er kommt im November nach München. Ich überlege, ob ich ihn mal Live erleben will.

Heute steigt MUX - komisch.

[check-out]

McEwen Mining: Grey Fox Drilling Hits 10.9 g/t Au over 18.8 m and 14.1 g/t Au over 8.4 m

Highlights from Three Drill Targets:
South Zone: 10.9 g/t Au over 18.8 m, including 15.9 g/t Au over 10 m
Whiskey Jack: 14.1 g/t Au over 8.4 m, including 59.1 g/t Au over 1.3 m
147NE: 12.3 g/t Au over 4.4 m, including 19.2 g/t Au over 2.2 m

TORONTO, Nov. 04, 2019 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to report additional positive drill results from Grey Fox, part of the Black Fox Complex, located in the prolific Timmins gold district, Canada (see Figure 1). Highlights of the new results are shown below in Table 1. Q4 and FY2019 cost estimates for our Black Fox and Gold Bar mines are also updated below.

https://www.mcewenmining.com/investor-relations/press-releas…

[bennog]

Antwort auf Beitrag Nr.: 61.817.041 von marstru am 01.11.19 17:38:08

hat abgesagt für München! Schade....

[Ramses21]

Antwort auf Beitrag Nr.: 61.830.132 von check-out am 04.11.19 12:11:35

Und bald wird sicher die Info bezüglich der Einstellung der Produktion bei Grey Fox kommen.

[bennog]

Antwort auf Beitrag Nr.: 61.833.351 von Ramses21 am 04.11.19 17:18:11

und prompt kommt das Gegenteil

https://www.marketwatch.com/press-release/mcewen-mining-grey…

[Ramses21]

Antwort auf Beitrag Nr.: 61.836.729 von bennog am 05.11.19 07:25:39

Wo ist genau das Gegenteil? In den letzten News und der Präsentation entnehme ich zwischen den Zeilen halt die temporäre Stilllegung von Grey Fox. Und bei dieser Einschätzung bleibe ich.

[bennog]

Antwort auf Beitrag Nr.: 61.836.729 von bennog am 05.11.19 07:25:39

wenns so kommt, schick ich dir eine gute Flasche Chianti!

[bennog]

Antwort auf Beitrag Nr.: 61.840.611 von Ramses21 am 05.11.19 13:49:25

bei der Einstellung von Grey Fox

[Ramses21]

Antwort auf Beitrag Nr.: 61.846.932 von bennog am 06.11.19 07:07:10

Und ich kaufe bei McEwen kräftig nach. Wie gesagt erwarte ich dann Preise von € 1,20. Wenn's ganz schlimm wird könnte bis an die € 1,00 laufen. Kann...muss aber nicht.

[boersentrader02]

Auch Experten können mal falsch liegen mit ihren Einschätzungen, Egon Weinberg spricht hier nur gut für die Edelmetalle und was passiert in dieser Woche.

Das Gold gibt immerhin über 50 US-§ nach.

Ob das wieder gut gemacht wird oder schmirrt das Gold noch weiter ab ?


https://www.n-tv.de/mediathek/videos/koop/commerzbank/Gold-i…

[bennog]

Antwort auf Beitrag Nr.: 61.853.940 von Ramses21 am 06.11.19 17:23:49

eine Glaskugel haben wir alle - bloß sehen tut keiner was

[Ramses21]

Und gestern kam nun die Info über eine weitere Ausgabe von neuen Aktien. Im Prinzip ist dies genau abzulehnen wie Vorwärtsverkäufe der Produktion.

[Ramses21]

Und schon haben wir die Euro 1,20 wieder. Das ist schon richtig zum kotzen. Diese ständige Verwässerung ist eine Sauerei vom Rob!

[iam57]

Minenaktien, sind mit Lotteriespiel zu vergleichen. Gut, das ich vor ein paar Wochen raus bin und nicht mehr nachgekauft habe. Mittlerweile habe ich auch kein Bock mehr auf diesen Mist. Halte nur noch Minen, die auch wirklich einen Gewinn ausweisen und vor allem steigern. Habe den ganzen Anteil in Gold Resource umgetauscht und bis heute nicht bereut. Da wird nicht nur Gewinn erzeugt, sondern Dividende bezahlt und haben noch dazu die günstigsten Kosten. Wenn es da mal etwas runder geht, macht das Nachkaufen, wenigstens Sinn.

[iam57]

...hier brennt aber echt die Hütte und das bei dem Goldpreis. Ich glaube es nicht.

[Yoga_Maus]

Der Goldpreis bildet momentan immer noch eine Blase. Es ist 6 Jahre her, dass dieser schonmal auf diesem Nieveau war.

Da stellt sich natürlich die Frage, was McEwen erst machen wird, wenn die Preisblase platzt? Und es für die Unze sagen wir mal nur noch 900,- USD geben wird? Wenn sie es selbst in dem aktuell senstationellen Marktumfeld nicht schaffen, profitabel zu sein?! Weiterhin stellt sich die Frage, ob es sich
hier um ein singulares Missmanagement handelt? Oder andere Mienen folgen werden, z.B. Barrick?! 💩

[boersentrader02]

Antwort auf Beitrag Nr.: 61.973.708 von Yoga_Maus am 20.11.19 17:14:48

hr solltet es nicht vrgessen, Rob besitzt immerhin 21 % von Mux. Er leidet doch auch

Immerhin sind das doch bei Rob ganz andere Minuszahlen wenn ich seine Aktienanteile mit meine dagegen stelle.

[bennog]

Antwort auf Beitrag Nr.: 61.975.490 von boersentrader02 am 20.11.19 19:40:37

mir kommen die tränen...…..nein im ernst, Mcewen labert seit Monaten von "Good News" in the year 2019.....Rob verhält sich wie die anderen Kanadischen minenbetreiber die teilweise weniger quatsch erzählen auch wenn sie nur eine pfütze zu betreuen haben...…….

[Joe24]

Antwort auf Beitrag Nr.: 61.973.708 von Yoga_Maus am 20.11.19 17:14:48

Zitat von Yoga_Maus: Der Goldpreis bildet momentan immer noch eine Blase. Es ist 6 Jahre her, dass dieser schonmal auf diesem Nieveau war.

Da stellt sich natürlich die Frage, was McEwen erst machen wird, wenn die Preisblase platzt? Und es für die Unze sagen wir mal nur noch 900,- USD geben wird? Wenn sie es selbst in dem aktuell senstationellen Marktumfeld nicht schaffen, profitabel zu sein?! Weiterhin stellt sich die Frage, ob es sich
hier um ein singulares Missmanagement handelt? Oder andere Mienen folgen werden, z.B. Barrick?! 💩

Nach deinen Postings der letzten Monate sollte Gold jetzt überall stehen aber nicht bei 1460 😂😂😂

[boersentrader02]

Markus Bussler hat sich diese Aktie heute einmal vor die Brust genommen und sagt klipp und klar

was er von dieser Aktie hält.

Wie hat sich Rob nur immer geäussert: Ab 2019 bzw. 2020 wird sich McEwen Mining in einer anderen Preisklasse wieder finden. Und dies sprach er, da war der Kurs noch bedeutend höher.

Heute kann man sagen, er hat Recht gehabt, McEwen Mining spielt bald in der Branche überhaupt keine Rolle mehr. Der Kurs ist soweit gefallen, das er sich wohl bald auf die- 0 - vor dem Komma vorbereiten muß.

Weit ist es bis dahin ja nicht mehr,



McEwen Mining will sich frisches Kapital besorgen - Schock auf dem Markt! Aktienanalyse

20.11.19 15:55
Der Aktionär

Kulmbach (www.aktiencheck.de) - McEwen Mining-Aktienanalyse von "Der Aktionär":

Markus Bußler vom Anlegermagazin "Der Aktionär" nimmt in einer aktuellen Aktienanalyse die Aktie von McEwen Mining (ISIN: US58039P1075, WKN: A1JS7T, Ticker-Symbol: US8A, NYSE-Symbol: MUX) unter die Lupe.

McEwen Mining habe gestern nachbörslich den Markt geschockt. Der in Mexiko, Argentinien, Kanada und den USA tätige Goldproduzent wolle sich auf dem Finanzmarkt frisches Kapital besorgen. Gestern nachbörslich habe der Konzern diese Maßnahme angekündigt. Jetzt seien die Details gekommen. Und die seien alles andere als schmeichelhaft für die Investoren.

McEwen wolle 50 Millionen US-Dollar einsammeln. Die neuen Aktien sollten bei 1,325 Dollar ausgegeben werden. Dazu geselle sich ein ganzer Warrant bei 1,7225 Dollar. Die Aktie selbst sei gestern bei 1,51 Dollar aus dem Handel gegangen. Die Kapitalmaßnahme erfolge also mit einem Abschlag von rund zwölf Prozent auf den Schlusskurs von gestern. Dazu geselle sich auch noch ein Warrant - also ein Bezugsrecht für die Zeichner der Finanzierungsrunde. Das sei doch ein sehr deutlicher Abschlag bei McEwen Mining.

Das habe verschiedene Gründe: Zum einen sei es nicht die erste Kapitalmaßnahme, die McEwen durchgeführt habe. Schon im Zusammenhang mit der Black-Fox-Übernahme und des Baus von Gold Bar habe der Konzern Geld bei den Aktionären eingesammelt. Sicherlich hätte sich der eine oder andere gewünscht, dass ein Produzent dies aus dem Cashflow bewerkstelligen könne. Zum anderen - und das sei sicherlich das gravierendere Problem: McEwen sei das Geld tatsächlich ausgegangen. Ende des dritten Quartals habe der Konzern noch knapp 4,3 Millionen Dollar Cash gehabt. Zuletzt hätten Gerüchte die Runde gemacht, der Konzern hätte Beteiligungen an anderen Unternehmen verkauft, um liquide zu bleiben. Es sei also höchste Zeit für eine Finanzspritze.

Für die Aktionäre seien die Finanzierungskonditionen alles andere als schmeichelhaft. Doch für McEwen Mining gehe es letztlich darum, dass Geld einzusammeln, da man andernfalls tatsächlich größere Probleme vor sich haben könnte. Verkäufe von Assets wolle der Konzern sicherlich vermeiden. Von daher gehe man den bitteren Weg einer Kapitalerhöhung. Die Aktie sei heute bereits in Deutschland unter Druck geraten. Dieser Druck setze sich in Nordamerika fort. Eine rasche Erholung sei zunächst nicht zu erwarten. Da muss erst die Kapitalerhöhung abgeschlossen werden, so Markus Bußler von "Der Aktionär" zur McEwen Mining-Aktie. (Analyse vom 20.11.2019)

Bitte beachten Sie auch Informationen zur Offenlegungspflicht bei Interessenskonflikten im Sinne der Richtlinie 2014/57/EU und entsprechender Verordnungen der EU unter folgendem Link.

Börsenplätze McEwen Mining-Aktie:

Tradegate-Aktienkurs McEwen Mining-Aktie:
1,1435 EUR -15,83% (20.11.2019, 16:05)

NYSE-Aktienkurs McEwen Mining-Aktie:
1,26 USD -16,56% (20.11.2019, 16:02)

Toronto Stock Exchange-Aktienkurs McEwen Mining-Aktie:
1,68 Kanadische Dollar -15,58% (20.11.2019, 16:01)


http://m.aktiencheck.de/exklusiv/Artikel-McEwen_Mining_will_…

[Joe24]

Antwort auf Beitrag Nr.: 61.980.647 von boersentrader02 am 21.11.19 11:38:43

Zitat von boersentrader02: was er von dieser Aktie hält.

Wie hat sich Rob nur immer geäussert: Ab 2019 bzw. 2020 wird sich McEwen Mining in einer anderen Preisklasse wieder finden. Und dies sprach er, da war der Kurs noch bedeutend höher.

Heute kann man sagen, er hat Recht gehabt, McEwen Mining spielt bald in der Branche überhaupt keine Rolle mehr. Der Kurs ist soweit gefallen, das er sich wohl bald auf die- 0 - vor dem Komma vorbereiten muß.

Weit ist es bis dahin ja nicht mehr,



McEwen Mining will sich frisches Kapital besorgen - Schock auf dem Markt! Aktienanalyse

20.11.19 15:55
Der Aktionär

Kulmbach (www.aktiencheck.de) - McEwen Mining-Aktienanalyse von "Der Aktionär":

Markus Bußler vom Anlegermagazin "Der Aktionär" nimmt in einer aktuellen Aktienanalyse die Aktie von McEwen Mining (ISIN: US58039P1075, WKN: A1JS7T, Ticker-Symbol: US8A, NYSE-Symbol: MUX) unter die Lupe.

McEwen Mining habe gestern nachbörslich den Markt geschockt. Der in Mexiko, Argentinien, Kanada und den USA tätige Goldproduzent wolle sich auf dem Finanzmarkt frisches Kapital besorgen. Gestern nachbörslich habe der Konzern diese Maßnahme angekündigt. Jetzt seien die Details gekommen. Und die seien alles andere als schmeichelhaft für die Investoren.

McEwen wolle 50 Millionen US-Dollar einsammeln. Die neuen Aktien sollten bei 1,325 Dollar ausgegeben werden. Dazu geselle sich ein ganzer Warrant bei 1,7225 Dollar. Die Aktie selbst sei gestern bei 1,51 Dollar aus dem Handel gegangen. Die Kapitalmaßnahme erfolge also mit einem Abschlag von rund zwölf Prozent auf den Schlusskurs von gestern. Dazu geselle sich auch noch ein Warrant - also ein Bezugsrecht für die Zeichner der Finanzierungsrunde. Das sei doch ein sehr deutlicher Abschlag bei McEwen Mining.

Das habe verschiedene Gründe: Zum einen sei es nicht die erste Kapitalmaßnahme, die McEwen durchgeführt habe. Schon im Zusammenhang mit der Black-Fox-Übernahme und des Baus von Gold Bar habe der Konzern Geld bei den Aktionären eingesammelt. Sicherlich hätte sich der eine oder andere gewünscht, dass ein Produzent dies aus dem Cashflow bewerkstelligen könne. Zum anderen - und das sei sicherlich das gravierendere Problem: McEwen sei das Geld tatsächlich ausgegangen. Ende des dritten Quartals habe der Konzern noch knapp 4,3 Millionen Dollar Cash gehabt. Zuletzt hätten Gerüchte die Runde gemacht, der Konzern hätte Beteiligungen an anderen Unternehmen verkauft, um liquide zu bleiben. Es sei also höchste Zeit für eine Finanzspritze.

Für die Aktionäre seien die Finanzierungskonditionen alles andere als schmeichelhaft. Doch für McEwen Mining gehe es letztlich darum, dass Geld einzusammeln, da man andernfalls tatsächlich größere Probleme vor sich haben könnte. Verkäufe von Assets wolle der Konzern sicherlich vermeiden. Von daher gehe man den bitteren Weg einer Kapitalerhöhung. Die Aktie sei heute bereits in Deutschland unter Druck geraten. Dieser Druck setze sich in Nordamerika fort. Eine rasche Erholung sei zunächst nicht zu erwarten. Da muss erst die Kapitalerhöhung abgeschlossen werden, so Markus Bußler von "Der Aktionär" zur McEwen Mining-Aktie. (Analyse vom 20.11.2019)

Bitte beachten Sie auch Informationen zur Offenlegungspflicht bei Interessenskonflikten im Sinne der Richtlinie 2014/57/EU und entsprechender Verordnungen der EU unter folgendem Link.

Börsenplätze McEwen Mining-Aktie:

Tradegate-Aktienkurs McEwen Mining-Aktie:
1,1435 EUR -15,83% (20.11.2019, 16:05)

NYSE-Aktienkurs McEwen Mining-Aktie:
1,26 USD -16,56% (20.11.2019, 16:02)

Toronto Stock Exchange-Aktienkurs McEwen Mining-Aktie:
1,68 Kanadische Dollar -15,58% (20.11.2019, 16:01)


http://m.aktiencheck.de/exklusiv/Artikel-McEwen_Mining_will_…

Wie verzweifelt muss Rob gewesen sein? Ich denke das Risiko ist eingepreist und man wird jetzt mit dem Markt gehen...
aber über Jahre hat der Rob wohl das Vertrauen verspielt und seine Wünsche in den S&P 500 zu gelangen werden nicht mehr realisierbar sein. Ich sehe das als Ende des Urgestein Rob Mcewen und den Rutsch in die Bedeutungslosigkeit!

[orofino1]

Antwort auf Beitrag Nr.: 61.989.563 von Joe24 am 22.11.19 11:13:53

Rob McE ist natürlich ein schlauer Fuchs. Ihm ist wahrscheinlich der Goldpreis noch zu niedrig und er wartet mit der Förderung auf wesentlich höhere Preise.

[bigyawn]

ORIGINAL: McEwen Mining Announces Closing of US$50 Million Public Offering

2019-11-22 09:01 ET - News Release

TORONTO, Nov. 22, 2019 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (the “Company” or “McEwen”) (NYSE: MUX) (TSX: MUX) is pleased to announce that it has closed the previously announced underwritten public offering of 37,750,000 units, each unit consisting of one share of common stock and one half of one warrant to purchase one share of common stock, at a public offering price of $1.325 per unit for aggregate gross proceeds of approximately US$50,000,000. Each full warrant is exercisable for one share of common stock with an exercise price of $1.7225 per share and are exercisable immediately and for five years following issuance. The Company has granted to the underwriters a 30-day option to purchase up to an additional 5,662,500 shares of common stock and/or additional warrants to purchase up to 2,831,250 shares of common stock at the public offering price per share and per warrant, less the underwriting discounts and commissions. On November 21, 2019, the underwriters exercised their option to purchase the additional warrants in full, which were issued at the closing.
Roth Capital Partners and Cantor Fitzgerald Canada Corporation acted as joint book-running managers for the offering. The Company intends to use the net proceeds from the offering for advancing its current mining projects and exploration prospects, for additional operating capital and for general working capital purposes.
The securities described above were offered pursuant to a registration statement on Form S-3 (file no. 333-224476) that was filed in the United States with the Securities and Exchange Commission (the “SEC”) and declared effective on July 6, 2018 and in Canada. McEwen filed a final prospectus supplement with the SEC in connection with the offering and a Canadian final prospectus supplement under the “northbound” multi-jurisdictional disclosure system with securities regulatory authorities in each of the provinces of Canada other than Quebec. You may get these documents for free by visiting EDGAR on the SEC web site at www.sec.gov or by visiting the SEDAR website at www.sedar.com. Copies of the final prospectus supplement and the accompanying prospectus related to the offering may also be obtained in the U.S. by contacting Roth Capital Partners, LLC, 888 San Clemente Drive, Suite 400, Newport Beach, CA 92660, Attn: Prospectus Department, by calling [phone] or in Canada by contacting Cantor Fitzgerald Canada Corporation, Attention: Equity Capital Markets, 181 University Avenue, Suite 1500, Toronto, ON, M5H 3M7 by emailing [e-mail] or in the U.S. by contacting Cantor Fitzgerald & Co., Attention: Capital Markets, 499 Park Avenue, 6th Floor, New York, NY 10022 by emailing [e-mail].
This news release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.
ABOUT MCEWEN MINING
McEwen Mining is a diversified gold and silver producer and explorer with operating mines in Nevada, Canada, Mexico and Argentina. It also owns a large copper deposit in Argentina. McEwen’s goal is to create a profitable gold and silver producer focused in the Americas.
McEwen has approximately 400.3 million shares outstanding. Rob McEwen, Chairman and Chief Owner, owns 20% of the shares.
CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
This news release and the related prospectuses and documents incorporated by reference therein contain certain forward-looking statements and information, including "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements and information expressed, as at the date of this news release, the Company's estimates, forecasts, projections, expectations or beliefs as to future events and results. Forward-looking statements and information are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, risks and contingencies, and there can be no assurance that such statements and information will prove to be accurate. Therefore, actual results and future events could differ materially from those anticipated in such statements and information. Risks and uncertainties that could cause results or future events to differ materially from current expectations expressed or implied by the forward-looking statements and information include, but are not limited to, factors associated with fluctuations in the market price of precious metals, mining industry risks, political, economic, social and security risks associated with foreign operations, the ability of the corporation to receive or receive in a timely manner permits or other approvals required in connection with operations, risks associated with the construction of mining operations and commencement of production and the projected costs thereof, risks related to litigation, the state of the capital markets, environmental risks and hazards, uncertainty as to calculation of mineral resources and reserves, and other risks. The Company’s dividend policy will be reviewed periodically by the Board of Directors and is subject to change based on certain factors such as the capital needs of the Company and its future operating results. Readers should not place undue reliance on forward-looking statements or information included herein, which speak only as of the date hereof, or included in the related prospectuses and documents incorporated by reference therein, which speak only as of the date hereof. The Company undertakes no obligation to reissue or update forward-looking statements or information as a result of new information or events after the date hereof except as may be required by law. See the prospectuses and documents incorporated by reference therein, including in the McEwen Mining's Annual Report on Form 10-K for the fiscal year ended December 31, 2018, as amended, and other filings with the Securities and Exchange Commission, under the caption “Risk Factors”, for additional information on risks, uncertainties and other factors relating to the forward-looking statements and information regarding the Company. All forward-looking statements and information made in this news release and the related prospectuses and documents incorporated by reference therein are qualified by this cautionary statement.
The NYSE and TSX have not reviewed and do not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management of McEwen Mining Inc.
CONTACT INFORMATION:
Investor Relations:
(866)-441-0690 Toll Free
(647)-258-0395
Stefan Spears, Vice President Corporate Development ext. 280
Mihaela Iancu, Investor Relations Manager ext. 320
[e-mail]


© 2019 Canjex Publishing Ltd. All rights reserved.

[Joe24]

Antwort auf Beitrag Nr.: 61.990.817 von orofino1 am 22.11.19 13:08:33

Zitat von orofino1: Rob McE ist natürlich ein schlauer Fuchs. Ihm ist wahrscheinlich der Goldpreis noch zu niedrig und er wartet mit der Förderung auf wesentlich höhere Preise.

Genau und aus dem Grund hat er jetzt 50 Mio aufgenommen und verwässert seine AG bis zum Anschlag...Junge dem steht das Wasser bis zum Hals! Das Ding Mcewen Mining ist durch auf lange Zeit....Am Ende hatte er doch mit Goldcorp auch nur Glück was den Zeitpunkt betrifft...Sein ganzes Können zeigt er jetzt!

[bigyawn]

ORIGINAL: Ely Gold Royalties Sells Old Gold Bar Project to McEwen Mining, Retains Royalty
Sale Consolidates Gold Bar District for the First Time in Over 20 Years
2019-11-27 06:30 ET - News Release

Vancouver, British Columbia--(Newsfile Corp. - November 27, 2019) - Ely Gold Royalties Inc. (TSXV: ELY) (OTCQB: ELYGF) ("Ely Gold") or the ("Company") and its wholly owned subsidiary, Nevada Select Royalty, Inc ("Nevada Select") are pleased to announce that they have signed a definitive purchase agreement (the "Agreement") for the sale of 100% of its Gold Bar Project ("Old Gold Bar Project") to McEwen Mining Nevada Inc, a wholly owned subsidiary of McEwen Mining Inc (NYSE: MUX) (TSX: MUX) (collectively "McEwen"). The Agreement is subject to approval of the New York Stock Exchange and the Toronto Stock Exchange.
The Old Gold Bar Project
The Old Gold Bar project consists of twelve (12) patented mining claims (the "Patented Claims") and three hundred ten (310) unpatented mining claims (the "Unpatented Claims") located in Elko County, Nevada. The Patented and Unpatented claims include the historic Gold Bar mine and mill, which produced 286,354 ounces of gold from 1986 to 1994 from the historic open pit mine and the Millsite deposit (Internal report, Atlas Precious Metals, Mines, December 13, 1995, prepared by Pincock, Allen & Holt). The Millsite deposit is possibly a faulted offset of the historic Gold Bar mine and is located to the northwest of the open pit. Fremont Gold Ltd ("Fremont") optioned the property from Ely Gold, in 2017, and completed a soil sampling program based on a new structural interpretation and identified coincident gold and mercury geochemical anomalies to the southeast of the historic Gold Bar mine. Fremont drilled two reverse-circulation drill holes at Gold Bar, totaling 492 metres ("m"). Results include: 25.9m @ 4.66 g/t Au within a longer interval of 41.2m @ 3.08 g/t in hole GBR-1 at the historic Millsite deposit and 6.1m @ 1.22 g/t Au in hole GBR-2 immediately west of the historic open pit (see Fremont press release dated June 27, 2018. Fremont terminated its Gold Bar option on July 9, 2019.
The Agreement
Under the terms of the Agreement, McEwen will issue to Ely Gold 53,600 shares of its common stock in exchange for 100% ownership in the Patented and Unpatented Claims. In addition, McEwen will reimburse Nevada Select US$38,096.57 for the 2020 claim fees and taxes. Nevada Select will retain a two percent (2%) net smelter return royalty on the Patented and Unpatented Claims. McEwen can purchase one percent (1%) of the royalty on the Patented Claims for US$1,000,000 and one percent (1%) of the royalty on the Unpatented Claims for US$2,000,000.
Trey Wasser, President and CEO commented, "This transaction will be our second transaction with McEwen and fully supports our business model of generating royalty interests at or near producing mines. After closing the transaction with McEwen and Fremont on our Gold Canyon Option and purchasing the Scoonover Royalty, from a third party, we will have three property or royalty interests at McEwen's Gold Bar Complex in Nevada."
About Ely Gold Royalties Inc. Ely Gold Royalties Inc. is a Vancouver-based, emerging royalty company with development assets focused in Nevada and Quebec. Its current portfolio includes 35 Deeded Royalties and 20 properties optioned to third parties. Ely Gold's royalty portfolio includes producing royalties, fully permitted mines and development projects that are at or near producing mines. The Company is actively seeking opportunities to purchase existing third-party royalties for its portfolio and all the Company's option properties are expected to produce royalties, if exercised. The royalty and option portfolios are currently generating significant revenue. Ely Gold is well positioned with its current portfolio of over 20 available properties to generate additional operating revenue through option and sale agreements. The Company has a proven track record of maximizing the value of its properties through claim consolidation and advancement using its extensive, proprietary data base. All portfolio properties are sold or optioned on a 100% basis, while the Company retains royalty interests. Management believes that due to the Company's ability to generate third-party royalty agreements, its successful strategy of organically creating royalties, its equity portfolio and its current low valuation, Ely Gold offers shareholders a low-risk leverage to the current price of gold and low-cost access to long-term mineral royalties.
Stephen Kenwood, P. Geo, is a director of the Company and a Qualified Person as defined by NI 43-101. Mr. Kenwood has reviewed and approved the technical information in this press release.
On Behalf of the Board of Directors
Signed "Trey Wasser"
Trey Wasser, President & CEO
For further information, please contact:
Trey Wasser, President & CEO
[e-mail]
972-803-3087

Joanne Jobin, Investor Relations Officer
[e-mail]
647-964-0292
FORWARD-LOOKING CAUTIONS: This press release contains certain "forward-looking statements" within the meaning of Canadian securities legislation, including statements regarding its current assets, Company acquisitions of additional royalty interests, and the requirement for TSX Venture Exchange approvals. These matters are subject to certain risks and uncertainties. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are statements that are not historical facts; they are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "aims," "potential," "goal," "objective," "prospective," and similar expressions, or that events or conditions "will," "would," "may," "can," "could" or "should" occur, or are those statements, which, by their nature, refer to future events. The Company cautions that Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made and they involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Except to the extent required by applicable securities laws and the policies of the Exchange, the Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include risks that the Company may not secure the required regulatory approvals, including the acceptance of the TSX Venture Exchange, and the Company may not be able to identify suitable new royalty acquisitions, and the risk of political uncertainties and regulatory or legal disputes or changes in the jurisdictions where the Company carries on its business that might interfere with the Company's business and prospects. The reader is urged to refer to the Company's reports, publicly available through the Canadian Securities Administrators' System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com for a more complete discussion of such risk factors and their potential effect.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/50149

© 2019 Canjex Publishing Ltd. All rights reserved.

[festos]

Wer liest das denn und zieht daraus die richtigen Schlüsse? Der Markt kennt für MUC nur eine Richtung nämlich down!

[Ramses21]

Antwort auf Beitrag Nr.: 62.026.607 von festos am 27.11.19 16:53:38

Man muss halt immer mehr Pferde als eines im Stall haben. Bei Petrel Resources zum Beispiel gibt es einiges zu verdienen aktuell. Da war es auch jahrelang ruhig. Und steigt die jeden Tag 30%. Bei McEwen kommt die Zeit sicher noch.

[boersentrader02]

Rob muss ja wohl von seinem Unternehmen total überzeugtund das in diesen Miesen Zeiten sein.

Rob kauft tasächlich noch ein altes Goldfeld, welches sich in der Nähe unseres bereits im Besitz und auch bereits produzirenden Goldfeldes von Edelmetallen, wie Gold und Silber, für relativ wenig Geld zu 100 %, übernommen.
Meiner Meinung sagt mir das, dass die z. Zt schlechten Zeiten für McEwen Mining, in den nächsten Monaten und eventuell aber auch erst in Jahren, wieder zur alten Stärke auflaufen wird.

Rob ist ja eben auch nicht mehr jüngste, sodass ich davon ausgehe, das dieses Ziel der Kurserholung, nicht in alzu langer Zeit für Mux liegen wird.

Immerhin ist ja auch die Unterbringung von ca. 37 Mill. Mux-Aktien mit den dazugehörigen Optionscheinen in kürzester Zeit von ihm unter gebracht worden ist.

Klar ist das für die bisherigen Aktionäre, die Verwässeung der vorhandenen Aktienanzahl, nicht freudvoll aufgenommen worden. Auch ich bin über dieses Geschehen, das McEwen 50 Mill US-$ neues Geld aufnehmen zu müssen, nicht erbaut.

Aber bei den erforderlichen Explorationsarbeiten eines Minenunternehmens kann immer etwas passieren, dass dasselbige zu diesen Massnahmen greifen muss um nicht unterzugehen.
Auch Rob leidet unter diesem Schritt wenn er das auch besser verdauen kann als ich.

Ich gehe trotzdem davon aus, das er das Unternehmen wieder nach oben bringen wird. Toi, toi toi,.




Ely Gold to sell Gold Bar to McEwen Mining

2019-11-27 06:58 ET - News Release

Also News Release (C-MUX) McEwen Mining Inc

Mr. Trey Wasser of Ely reports

ELY GOLD ROYALTIES SELLS OLD GOLD BAR PROJECT TO MCEWEN MINING, RETAINS ROYALTY

Ely Gold Royalties Inc. and its wholly owned subsidiary, Nevada Select Royalty Inc., have signed a definitive purchase agreement for the sale of 100-per-cent of the Gold Bar project to McEwen Mining Nevada Inc., a wholly owned subsidiary of McEwen Mining Inc. The agreement is subject to approval of the New York Stock Exchange and the Toronto Stock Exchange.

The Old Gold Bar project

The Old Gold Bar project consists of 12 patented mining claims and 310 unpatented mining claims located in Elko county, Nevada. The patented and unpatented claims include the historic Gold Bar mine and mill, which produced 286,354 ounces of gold from 1986 to 1994 from the historic open-pit mine and the Millsite deposit (internal report, Atlas Precious Metals, Mines, Dec. 13, 1995, prepared by Pincock, Allen & Holt).

The Millsite deposit is possibly a faulted offset of the historic Gold Bar mine and is located to the northwest of the open pit. Fremont Gold Ltd. optioned the property from Ely Gold, in 2017, and completed a soil sampling program based on a new structural interpretation and identified coincident gold and mercury geochemical anomalies to the southeast of the historic Gold Bar mine.

Fremont drilled two reverse circulation drill holes at Gold Bar, totalling 492 metres. Results include: 25.9 metres at 4.66 grams per tonne gold within a longer interval of 41.2 m at 3.08 g/t in hole GBR-1 at the historic Millsite deposit and 6.1 m at 1.22 g/t Au in hole GBR-2 immediately west of the historic open pit (see Fremont press release dated June 27, 2018). Fremont terminated its Gold Bar option on July 9, 2019.

The agreement

Under the terms of the agreement, McEwen will issue to Ely Gold 53,600 shares of its common stock in exchange for 100-per-cent ownership in the patented and unpatented claims. In addition, McEwen will reimburse Nevada Select $38,096.57 (U.S.) for the 2020 claim fees and taxes. Nevada Select will retain a 2-per-cent net smelter return royalty on the patented and unpatented claims. McEwen can purchase 1 per cent of the royalty on the patented claims for $1-million (U.S.) and 1 per cent of the royalty on the unpatented claims for $2-million (U.S.).

Trey Wasser, president and chief executive officer, commented: "This transaction will be our second transaction with McEwen and fully supports our business model of generating royalty interests at or near producing mines. After closing the transaction with McEwen and Fremont on our Gold Canyon option and purchasing the Scoonover royalty, from a third party, we will have three property or royalty interests at McEwen's Gold Bar complex in Nevada."

About Ely Gold Royalties Inc.

Ely Gold Royalties is a Vancouver-based, emerging royalty company with development assets focused on Nevada and Quebec. Its current portfolio includes 34 deeded royalties and 20 properties optioned to third parties. Ely Gold's royalty portfolio includes producing royalties, fully permitted mines, and development projects that are at or near producing mines. The company is actively seeking opportunities to purchase existing third party royalties for its portfolio, and all the company's option properties are expected to produce royalties, if exercised.

Stephen Kenwood, PGeo, is a director of the company and a qualified person as defined by National Instrument 43-101. Mr. Kenwood has reviewed and approved the technical information in this press release.

We seek Safe Harbor.

https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aELY-2838…" target="_blank" rel="nofollow ugc noopener">
https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aELY-2838…

[Joe24]

Antwort auf Beitrag Nr.: 62.027.564 von Ramses21 am 27.11.19 18:29:46

Zitat von Ramses21: Man muss halt immer mehr Pferde als eines im Stall haben. Bei Petrel Resources zum Beispiel gibt es einiges zu verdienen aktuell. Da war es auch jahrelang ruhig. Und steigt die jeden Tag 30%. Bei McEwen kommt die Zeit sicher noch.

Naja...Petrel Resources wirklich? Diese AG ist mit um die 35 Mio bewertet. Mcewen über 10x so hoch jetzt schon! Man brauch hier nicht großartig zu fachsimpeln Rob hat klar und deutlich gezeigt er kann es ! Aber er zeigt eben auch, dass er es nur in großen Bullenmärkten kann wenn sowieso alles steigt..In Bären/ Seitwärtsmärkten ist er weder in der Lage anständige Goldprognosen abzugeben noch einen Mehrwert für Aktionäre zu schaffen....

[bigyawn]

McEwen drills 44 m of 9 g/t Au at Black Fox

2019-12-03 06:35 ET - News Release

Mr. Sylvain Guerard reports
MCEWEN MINING: GREY FOX IS GROWING
McEwen Mining Inc. has released drill results from its Gibson and Whiskey Jack targets within the Grey Fox deposit area, a part of the Black Fox complex in Timmins, Canada. Highlights of the drilling from these two important targets are shown below in Tables 1 & 2.
"The drill results reported today from Gibson and Whiskey Jack illustrate clearly the growth potential of the Black Fox property," said Sylvain Guerard, SVP Exploration.
Gibson Target
In 2018, hole 18GF-1079 intersected a broad interval of mineralization within an intrusion, which returned 3.1 g/t Au over 34 m, including 10.8 g/t Au over 6 m (core lengths). Diamond drilling tested below hole 18GF-1079 and extended the mineralization by 820 ft (250 m) down dip with hole 19GF-1106; which intersected a higher-grade interval of 16.9 g/t Au over 3 m (core length), within a 200 ft (60 m) wide envelope of alteration and anomalous mineralization. Follow-up drilling has continued with 19 holes completed since last release of results in May 2019 (see Figure 3). Significant gold mineralization at Gibson has been outlined over a 1,650 ft (500 m) strike length and from surface to a depth of 2,600 ft (800 m). Hole 19GF-1147 returned the deepest intersection of 13.2 g/t Au over 3 m. Highlights of the Gibson drilling are included below:

Highlights of drill results from the Gibson Target (True widths are not known)
HOLE-ID From (m)To (m) Core Length (m)Core Length (ft)Gold Grade (g/t)Gold Grade (opt)
19GF-1107 403.00 406.50 3.5 11.5 7.3 0.23
19GF-1122 433.00 435.50 2.5 8.2 8.2 0.26
And 549.21 557.00 7.8 25.6 5.6 0.18
And 693.00 698.00 5.0 16.4 4.7 0.15
And 807.00 809.00 2.0 6.6 13.3 0.43
Including 807.00 808.00 1.0 3.3 26.6 0.86
19GF-1127 720.85 727.00 6.1 20.2 4.7 0.15
19GF-1130 47.00 51.00 4.0 13.1 8.7 0.28
Including 49.00 50.00 1.0 3.3 21.4 0.69
19GF-1138 897.00 902.00 5.0 16.4 4.0 0.13
19GF-1147 935.00 938.00 3.0 9.8 13.2 0.42
Including 936.00 937.00 1.0 3.3 26.5 0.85
19GF-1148 55.00 61.40 6.4 21.0 3.5 0.11
And 600.81 605.17 4.4 14.3 8.8 0.28
19GF-1176 452.00 455.00 3.0 9.8 7.9 0.25
19GF-1177 229.10 232.00 2.9 9.5 7.1 0.23
And 429.60 432.00 2.4 7.9 18.4 0.59
Including 431.30 432.00 0.7 2.3 55.6 1.79
19GF-1182 481.00 483.00 2.0 6.6 13.6 0.44
Including 481.00 482.00 1.0 3.3 23.5 0.76
g/t - grams per tonne, opt {&#A A ; –} troy ounces per metric tonne



Whiskey Jack Target
The Whiskey Jack target is located where the contact between sedimentary and volcanic units changes orientation. Drilling followed-up on positive drill results released on November 4, 2019 including: 14.1 g/t Au over 8.4 m, including 59.1 g/t Au over 1.3 m core length in hole 19GF-1242. Recent drilling intersected wide zones of strong gold mineralization (see Figure 4), including the highlight below:

Table 2 {&#A A ; –} Highlight of drill results from the Whiskey Jack Target (True widths are not known)
HOLE-ID From (m) To (m) Core Length (m) Core Length (ft)Gold Grade (g/t)Gold Grade (opt)
19GF-1248 181.00 225.00 44.0 144.4 9.0 0.29
Including 199.00 221.00 22.0 72.2 14.8 0.48
And 232.00 242.00 10.0 32.8 6.3 0.20
Including 232.00 234.00 2.0 6.6 22.8 0.73
?g/t - grams per tonne, opt {&#A A ; –} troy ounces per metric tonne


Results for the three drill holes completed with assays suggest the gold mineralization may be hosted in at least two structures containing mineralized veins. The mineralized structures hosting the veins are believed to have a true width ranging from 6.5 to 13 ft (2 to 4 m), considerably narrower than the core length intersections.
Visible gold has been identified in six of nine holes completed so far this year at Whiskey Jack. Gold mineralization has been intersected over a strike length of 330 ft (100 m) and to a shallow depth of 660 ft (200 m) below surface.
Geologic Interpretation
The Gibson syenite intrusion hosting the gold mineralization extends over 1.5 mile (2.5 km) along the Gibson-Kelore Fault Zone (see Figure 3). There are two main styles of mineralization at Gibson; 1) breccia and crustiform veins from surface to a depth of approximately 1,150 ft (350 m) below surface and 2) dissemination-replacement style mineralization from approximately 980 ft (300 m) to at least 2,600 ft (800 m) below surface. Both styles of mineralization are interpreted to be synchronous with mineralization at the Contact, 147, and South zones.
ABOUT MCEWEN MINING
McEwen Mining is a diversified gold and silver producer and explorer with operating mines in Nevada, Canada, Mexico and Argentina. It also owns a large copper deposit in Argentina. McEwen's goal is to create a profitable gold and silver producer focused in the Americas.
McEwen has approximately 400.3 million shares outstanding. Rob McEwen, Chairman and Chief Owner, owns 20% of the shares.
QUALIFIED PERSON
Technical information pertaining to geology and exploration contained in this news release has been prepared under the supervision of Steven M. D. Scott, P.Geo. Mr. Scott is a "qualified person" within the meaning of NI 43-101.
TECHNICAL INFORMATION
Grams per tonne (g/t) converted to Troy ounces per tonne (opt) at ratio 31.1035 to 1.
All intercept widths are true widths unless otherwise specified.
Composite criteria unless otherwise stated: Cut-off grade 3 g/t Au, minimum length 2 m, and maximum consecutive interval waste 3 m. If grade x length > 6 the composite will be added.
All exploration drill core samples at the Black Fox Complex were submitted as 1/2 core. Analyses reported herein were performed by the independent laboratories: ALS Laboratories, which is ISO 9001/IEC17025 certified, and AGAT Laboratories, which is ISO 9001/IEC17025 certified. McEwen's quality control program includes systematic insertion of blanks, standard reference material and duplicates to ensure laboratory accuracy.
To determine the lengths of significant mineralized intervals, the following composite criteria was established: a minimum reportable interval length of 3 m was determined by establishing a cut-off grade of 3g/t gold for underground (1 g/t gold for near surface). A consecutive maximum length of 3 m of internal waste, including sub cut-off grade material, is allowed and incorporated into the reported composites. Where an interval of less than 3 m is considered, if the grade x length calculation is greater than 9 (3 for surface), it may be reported. There is no top cutting or capping of assays.
For further details about the Black Fox Complex project including the Gibson deposit, please see our NI 43-101 technical report titled "Technical Report for the Black Fox Complex, Canada" dated April 6th, 2018 with an effective date of October 31st, 2017 available on SEDAR (www.sedar.com) under our issuer profile.
We seek Safe Harbor.
© 2019 Canjex Publishing Ltd. All rights reserved.

[Ramses21]

Antwort auf Beitrag Nr.: 62.066.384 von bigyawn am 03.12.19 12:41:52

Und wie deine Meinung zu dieser Meldung?

[check-out]

MCEWEN MINING LEIDET UNTER KAPITALERHÖHUNG

McEwen Mining: Die Lage ist besser als die Stimmung

Für Letztere, wenngleich für Altaktionäre nicht beste Strategie entschied sich McEwen Mining (US58039P1075) im November. Ende November teilte das Unternehmen dann mit, brutto 50 Mio. Dollar mit einer Kapitalerhöhung um 37,75 Mio. Aktien mit einem Emissionspreis von 1,325 Dollar je Aktie eingenommen zu haben. Jede neue Aktie enthält zudem eine halbe Option, eine weitere Aktie zu einem Ausgabepreis von 1,7225 Dollar innerhalb von 5 Jahren nach der jetzigen Kapitalerhöhung zu beziehen. Genutzt werden sollen die neuen Finanzmittel, um laufende Minenprojekte zu finanzieren.

Die Aktie reagierte entsprechend mit einem deutlichen Kursabschlag und fiel dabei unter ihre Unterstützung vom Mai 2019.
https://www.berneckerresearch.de/Rob-McEwen-zapft-den-Kapita…

[meichel]

Bewertung

https://darbydigitalnews.com/latest-news/brokerages-expect-m…

[Ramses21]

Bei Abitibi hat Rob eine bessere Nase bewiesen als bei McEwen bis jetzt.

[bigyawn]

McEwen drills 25 m of 7.7 g/t Au at Stock

2019-12-11 06:18 ET - News Release

Mr. Sylvain Guerard reports
MCEWEN MINING: STOCK WEST IS GROWING
McEwen Mining Inc. has released additional drill results from the new Stock West zone of gold mineralization on its Stock property, part of the Black Fox complex, near Timmins, Canada. See our October 28, 2019 news release for initial drilling results.
"The Stock West zone was drilled for the first time in September 2019. Our initial drill hole returned 5.6 g/t Au over 30 m, including 9.1 g/t Au over 13 m. Ongoing drilling with five rigs continues to deliver strong results and the mineralization is open," commented Sylvain Guerard, SVP Exploration.

Selected New Drill Results from Stock West


HOLE-ID From (m)To (m)Core Length* (m)Estimated True Width (m)Gold Grade (g/t)
S19-106 536.00561.00 25.0 15.8 7.7
Including 539.00555.20 16.2 10.3 11.2
& Including 544.00551.00 7.0 4.4 16.1
S19-108 507.50515.50 8.0 5.5 4.7
Including 509.60510.50 0.9 0.6 17.1
S19-112A 322.50337.00 14.5 11.2 4.2
Including 331.80335.20 3.4 2.6 12.2
S19-113 482.00501.00 19.0 14.7 6.3
And 511.50517.70 6.2 4.8 4.0
S19-114 523.05528.55 5.5 3.6 7.8
S19-117 505.00508.00 3.0 2.1 19.1


The Stock West mineralized zone is located along the Destor-Porcupine Fault Zone (DPFZ), immediately west and along strike of the historical Stock Mine, approximately 820 ft (250 m) from existing underground development (see Figure 2).
A total of 26 drill holes have been completed at the Stock West zone, and assays have been received for 22 holes. The gold host rock is a coarse-grained carbonated and silicified ultramafic, with visible gold noted in both quartz veinlets and within the unit itself. Gold mineralization has been intersected over a strike length of 820 ft (250 m) and vertically over 500 ft (150 m). The true thickness of mineralization varies from 16 to 82 ft (5 to 25 m). Drilling is ongoing to test if the mineralization extends in all directions (see Figures 3 & 4).
Strong Gold Intersections Over a 3 km Strike Length Along the Stock Mine Trend
The 2019 drilling program at Stock has been successful in returning multiple intersections of high-grade gold mineralization along a 2-mile (3-kilometer) long segment of the DPFZ. In addition to the results reported today at Stock West, other recently reported high-grade drill results from the Stock Property include the following:
Stock Deep: 18.0 g/t Au over 9.1 m, including 120 g/t Au over 1.3 m (September 4, 2019 news release); and
Stock East: 34.7 g/t Au over 5.9 m, including 74.1 g/t Au over 2.7 m; and 83.5 g/t Au over 5.6 m, including 417 g/t Au over 1.1 m (September 30, 2019 news release).
Property and Geological Information
The Stock Property is metal stream-free and the site of McEwen Mining's Stock Mill, which currently processes ore from the Black Fox Mine. The mill has a capacity of approximately 2,000 tonnes per day. The Stock Mine was in production intermittently from the early 1980's until 2004, and was developed to a depth of 1,000 ft (300 m). The Stock West zone is located less than 2/3 mile (1 km) from the mill and Highway 101.
Gold mineralization at the Stock Property occurs along the prolific regional DPFZ, which crosses the property from west to east for 5 miles (8 km). The Nighthawk Fault is a significant NE-SW trending fault that intersects the DPFZ near the Stock Mine, making the area a prime structural setting for gold mineralization. In addition to these major structures, the property also exhibits other characteristics of strongly mineralized systems in the prolific Abitibi Greenstone Belt: intense alteration, multi-style and multi-phase mineralization, and significant gold mineralization hosted in various rock types.
ABOUT MCEWEN MINING
McEwen Mining is a diversified gold and silver producer and explorer with operating mines in Nevada, Canada, Mexico and Argentina. It also owns a large copper deposit in Argentina. McEwen's goal is to create a profitable gold and silver producer focused in the Americas.
TECHNICAL INFORMATION
Technical information pertaining to geology and exploration contained in this news release has been prepared under the supervision of Ken Tylee, P.Geo. Mr. Tylee is a "qualified person" within the meaning of NI 43-101.
Black Fox Complex drilling (including the Stock Property) was conducted by Major Drilling and Norex Drilling and supervised by McEwen's Geology Department. All exploration drill core samples at the Stock Property were submitted as 1/2 core. Analyses reported herein were usually performed by the fire assay method by the independent laboratories: ALS Laboratories (ISO 9001/IEC17025 certified) and AGAT Labs (ISO 9001/IEC17025 certified). Screen metallic fire assay technique is used to determine coarse and fine gold in samples and utilises a larger volume of the sample. The plus fraction is fire assayed for gold and a duplicate assay is performed on the minus fraction. Size fraction weights, coarse and fine fraction gold content and total gold content are reported. McEwen's quality control program includes systematic insertion of blanks, standard reference material and duplicates to ensure laboratory accuracy.
To determine the lengths of significant mineralized intervals, the following composite criteria were established.
Stock West: a minimum reportable interval length of 3 m was determined by establishing a cut-off grade of 1 g/t gold. A consecutive maximum length of 3 m of internal waste, including sub cut-off grade material, is allowed and incorporated into the reported composites. Where an interval of less than 3 m is considered, if the grade x length calculation is greater than 3, it may be reported.
There is no top cutting or capping of assays.
We seek Safe Harbor.
© 2019 Canjex Publishing Ltd. All rights reserved.

[Ramses21]

Antwort auf Beitrag Nr.: 62.132.315 von bigyawn am 11.12.19 13:57:32

Die Aktie kennt aktuell nur eine Richtung. Das wird auch so bleiben wenn es im operativen Geschäft nicht richtig läuft. Tolle Bohrergebnisse langen nicht mehr.

[meichel]

Turn Around Play

....ab der 9. Minute Allan Barry Laboucan of Allan Barry Reports

[bigyawn]

McEwen Mining to hold update webinar Dec. 17

2019-12-13 08:39 ET - News Release

Mr. Rob McEwen reports
MCEWEN MINING WILL HOST A LIVE WEBINAR ON DECEMBER 17TH AT 2:00PM EST TO DISCUSS EXPLORATION AT THE BLACK FOX COMPLEX
McEwen Mining Inc. is inviting you to join Rob McEwen, chief owner, and Sylvain Guerard, senior vice-president of exploration, for a live webinar discussing developments from its 2019 exploration program and plans for 2020 at the Black Fox complex, near Timmins, Canada. Participants will have the ability to ask questions following the presentation.
Webinar registration is available on-line.
Tuesday, Dec 17, 2019, at 2 p.m. ET

Toll-free (United States and Canada): 866-211-4128
Outside U.S. and Canada: 647-689-6724
Conference ID: 2543797
Webinar link: available on-line

An archived replay of the webinar will be available approximately two hours following the conclusion of the live event. Access the replay on the company's media page.
About McEwen Mining Inc.
McEwen Mining is a diversified gold and silver producer with operating mines in Nevada, Canada, Mexico and Argentina.
We seek Safe Harbor.
© 2019 Canjex Publishing Ltd. All rights reserved.

[Onlyaguy]

weiß jemand was auf dem Webinar besprochen wurde.. finde leiderkeine Infos dazu.. Vielen Dank vorab!

[check-out]

Antwort auf Beitrag Nr.: 62.196.537 von Onlyaguy am 19.12.19 12:34:00

[Onlyaguy]

Super Danke!!! Da sollte wohl das Webinar einfach nur die Gemüter beruhigen.. aber im Grunde nix neues.. wir warten alle ab ob es endlich im produktiven Geschäft aufwärtsgeht und nicht die 50mio wieder nur schöne Explorationsergebnisse ohne Wirkung zeigen.. Ich überlege die Tage noch diese Tax loss Kurse vielleicht zu nutzen, um meinen Einstiegskurs zu verbilligen, wenn der Goldpreis Anfang des Jahres steigt kann die Aktie schnell explodieren..

[meichel]

Kupfer - Los Azules

Unser schlafender Riese in Argentinien sollte dann auch langsam mal aufwachen

[urlhttps://boerse.ard.de/anlageformen/rohstoffe/kupferpreis-auf-rekordniveau100.html][/url]

😎

[bennog]

Antwort auf Beitrag Nr.: 62.312.519 von meichel am 08.01.20 11:28:14

wird mit -10% honoriert...……..dass Rob so passiv bleibt gibt mir zu denken......

[bigyawn]

McEwen produces 174,420 oz AuEq in 2019

2020-01-15 06:36 ET - News Release

Mr. Rob McEwen reports
MCEWEN MINING: 2019 FULL YEAR AND Q4 PRODUCTION RESULTS
McEwen Mining Inc.'s consolidated production for the full year of 2019 was 134,316 gold ounces and 3,365,846 silver ounces, or 174,420 gold equivalent ounces, within the company's revised 2019 guidance range of 169,000 to 176,000 gold equivalent ounces.

Table 1 - Consolidated 2019 Production Summary
Q4 Full Year Full Year 2019 Guidance
2018 2019 2018 2019
Gold 29,291 36,087 135,124 134,316131,000-138,000
Silver 819,473864,9493,032,7273,365,846 3,225,000
GEOs(1) 40,217 46,263 175,561 174,420 169,000-176,000


Rob McEwen, Chairman and Chief Owner commented: "2019 was a year of exploration highs overshadowed by production lows. After issuing two disappointing reductions in production guidance we finally achieved our guidance. The problems that plagued us in 2019 were largely unique events that will not be reoccurring. Exploration will continue to be a key focus at Stock West, Grey Fox, Black Fox and Gold Bar, where we see the potential to create the greatest near-term value."
San Jose Mine, Santa Cruz, Argentina (49%(2))
San Jose exceeded the full year guidance for 2019 of 49,000 gold ounces and 3,225,000 silver ounces. Our attributable production from San Jose in 2019 was 51,684 gold ounces and 3,354,487 silver ounces, for a total of 91,654 GEOs.
El Gallo Project, Sinaloa, Mexico (100%)
El Gallo delivered on guidance by producing 16,333 GEOs in 2019 from residual leaching of the heap leach pad.
Gold Bar Mine, Nevada (100%)
Gold Bar produced 30,712 GEOs in 2019, within our revised full year production guidance of 30,000 to 33,000 GEOs. In Q4, production was 9,713 GEOs. Throughput at the crushing plant slowed in Q4 with the onset of winter, and we expect that to persist through Q1 2020.
Black Fox Mine, Timmins, Canada (100%)
Black Fox produced 35,721 GEOs in 2019, close to our revised full year production guidance of 36,000 to 40,000 GEOs. In Q4, production was 9,887 GEOs.
Financial Results
Operating costs for the quarter ended December 31, 2019 will be released with our 10-K Annual Financial Statements in late February 2020. Notes:
(1) 'Gold Equivalent Ounces' are calculated based on a 75:1 gold to silver price ratio for Q1 2019, 88:1 for Q2 2019, 87:1 for Q3 2019, and 85:1 for Q4 2019. 2019 GEO Guidance assumed a 85:1 ratio. (2) The San Jose Mine is 49% owned by McEwen Mining Inc. and 51% owned and operated by Hochschild Mining plc. ABOUT MCEWEN MINING
McEwen Mining is a diversified gold and silver producer and explorer with operating mines in Nevada, Canada, Mexico and Argentina. It also owns a large copper deposit in Argentina. McEwen's goal is to create a profitable gold and silver producer focused in the Americas.
McEwen has approximately 400 million shares outstanding. Rob McEwen, Chairman and Chief Owner, owns 20% of the shares.
Reliability of Information Regarding San Jose
Minera Santa Cruz S.A., the owner of the San Jose Mine, is responsible for and has supplied to the Company all reported results from the San Jose Mine. McEwen Mining's joint venture partner, a subsidiary of Hochschild Mining plc, and its affiliates other than MSC do not accept responsibility for the use of project data or the adequacy or accuracy of this release.
Technical Information
The technical content of this news release has been reviewed and approved by Chris Stewart, P.Eng., President & COO of McEwen Mining and a Qualified Person as defined by Canadian Securities Administrators National Instrument 43-101 "Standards of Disclosure for Mineral Projects."
We seek Safe Harbor.
© 2020 Canjex Publishing Ltd. All rights reserved.

[faultcode]

Antwort auf Beitrag Nr.: 55.074.805 von faultcode am 03.06.17 19:37:31

03.06.17

Zitat von faultcode: ...
=> Finger weg! McEwen ist Vergangenheit, nicht die Zukunft.

--> 2 1/2 Jahre später brauche ich nur auf den relativen Chart zu schauen:


MUX vs Dow Jones U.S. Gold Mining Index

nebenbei: McEwen Mining hat immer noch keinen ISS Governance QualityScore

[Jimmycrasso]

Vielleicht täusche ich mich, aber ich meine 2020 wird wieder ein gutes Jahr bei McEwen Mining, das sag ich jetzt einfach so aus meiner Unwissenheit!
Nach so vielem Schlechten, sollte wieder was gutes kommen.

[bennog]

Antwort auf Beitrag Nr.: 62.438.031 von Jimmycrasso am 21.01.20 12:56:43

mir ist ein bauchgefühl mehr wert als Strichzeichnungen oder Mathematik

2020 halte ich die bude noch....außer es würde unter 1 Dollar gehen...da ziehe ich sicherlich den stecker

[Jimmycrasso]

Antwort auf Beitrag Nr.: 62.446.689 von bennog am 22.01.20 08:16:58

Also , ich vertrau dem alten Herrn .
Er steckt ja auch mit seinem Namen drin , und bin auch weiterhin positiv was Gold anbelangt.

[seapower69]

Ich vertraue eher dem Gold, als dem alten Herrn. Auf der Edelmetallmesse war er nicht, ist der Ruf erst mal ruiniert....

[bennog]

Antwort auf Beitrag Nr.: 62.458.614 von seapower69 am 23.01.20 04:13:07

da war ich auch enttäuscht....

[meichel]

Hinter den Kulissen:

The of Inventus Mining Corp. (CVE:IVS), Robert McEwen, Just Bought 10% More Shares
Simply Wall St January 23, 2020

Potential Inventus Mining Corp. (CVE:IVS) shareholders may wish to note that insider Robert McEwen recently bought CA$250k worth of stock, paying CA$0.11 for each share. That’s a very decent purchase to our minds and it grew their holding by a solid 10%.

und:


http://kirillklip.blogspot.com/

[Jimmycrasso]

Die sind ja ganz schön günstig !
Oder wird's noch günstiger ?
Hoffe, das ist der Boden von der Bodenbildung.

[Silverager]

Alle meine Gold- und Silber-Minen sind im Plus - alle, mit einer Ausnahme: McEwan Mining.
Was macht Rob McEwan falsch?

[orofino1]

Warte mal ab.

[Silverager]

Antwort auf Beitrag Nr.: 62.527.661 von orofino1 am 30.01.20 07:52:23

Naja, ich warte ja schon länger.

Während die Gold- und Silberpreise und damit die Gold- und Silberminen steigen, fällt McEwen Mining.
Das muss doch einen Grund haben. oder?

Ich fand Rob McEwen, den ich vor ein paar Jahren auf der Edelmetallmesse kennengelernt hatte, immer einen großartigen CEO. Aber der Verfall der Preise seiner Gesellschaft irritiert mich sehr. Ich wüßte gern den Grund. Förderung zu teuer? Oder sind es nur die IFRS-Abschreibungen in der Bilanz?
Aber das Problem haben ja alle Minen.

[Jimmycrasso]

Finde McEwen eigentlich schon einen tollen Redner , er bringt die Themen schon sehr gut und glaubhaft rüber. Und denke auch das er eine gute Strategie hat sein Unternehmen weiter voran zubringen.
Sollte auch der Goldpreis weiter steigen ,müsste es sich ja irgendwann mal positiv auf McEwen übertragen. Was aber bis jetzt nicht so richtig der Fall war.
Ich bin zu einem späteren Kurs hier eingestiegen , und sehe es noch nicht so dramatisch , wie andere
Marktteilnehmer wo schon länger in diesem Wert sind , kann ich auch verstehen .

[orofino1]

Rob McEwen ist ein Fuchs. Er holt erst die Edelmetalle aus den Boden, wenn es sich auch lohnt. D.h. er wartet so lange bis die Preise ihm genehm sind.

[Silverager]

Tja, die Frage für mich ist: nachkaufen und damit verbilligen oder verkaufen?
Bin diesmal sehr unschlüssig.

[johanderla]

ist halt bergbau ,da kann dir die die scheisse schon mal hinterher laufen .
denke aber das gröbste ist hier durch ,gestern 8% spricht für sich.
kenne das von anderen minen eldo ,great,....usw aber irgendwann ist alles schlechte durch und dann gehts schnell.

[Jimmycrasso]

Antwort auf Beitrag Nr.: 62.530.121 von johanderla am 30.01.20 11:09:51

Sehe ich genauso , denke hier ist längerfristig mehr die Chance drin.

[Silverager]

Danke schön für Eure Einschätzung.

[meichel]

Ich bin ja jetzt schon ein paar Tage bei MUX:


https://www.kitco.com/news/2020-02-05/Juniors-with-path-to-p…

[Jonaphen]

https://www.wallstreet-online.de/nachricht/12138655-mcewen-m…

[Joe24]

Antwort auf Beitrag Nr.: 62.529.350 von Jimmycrasso am 30.01.20 10:03:40

Zitat von Jimmycrasso: Finde McEwen eigentlich schon einen tollen Redner , er bringt die Themen schon sehr gut und glaubhaft rüber. Und denke auch das er eine gute Strategie hat sein Unternehmen weiter voran zubringen.
Sollte auch der Goldpreis weiter steigen ,müsste es sich ja irgendwann mal positiv auf McEwen übertragen. Was aber bis jetzt nicht so richtig der Fall war.
Ich bin zu einem späteren Kurs hier eingestiegen , und sehe es noch nicht so dramatisch , wie andere
Marktteilnehmer wo schon länger in diesem Wert sind , kann ich auch verstehen .

Naja Fakt ist Rob hat mit seinen Aussagen über sein Unternehmen ein riesen Erwartungshaltung geschaffen. Rausgekommen ist in den letzten Jahren das wir uns vom Hoch in 2011 bei - 88 % befinden und das nachdem der XAU vom Tief 160 % plus gemacht hat. Ich gehe davon aus, dass Gold seinen Bullenmarkt fortsetzt und das dann auch Mcewen irgendwann beginnen wird wieder zu steigen. Aber die Story vom Rob ist spätestens nach der letzten Vewässerung was man auch im Kurs und an den Umsätzen sieht vorbei und es war versagen gegenüber seinen Aktionären auf ganzer Linie. Und die Begründung Bärenmarkt kann nun auch nicht mehr herhalten. Er hatte mit Goldcorp mit dem Zeitpunkt nur Glück. Die Underperformance der letzten Jahre ist wirklich grausam, seit dem Hoch 2016 hat der XAU 10 % verloren und McEwen 77 (!!) % verloren und alleine das ist es was zählt. Da kann einer noch so toll reden usw. aber wenn die Kasse nicht klingelt....Ich persönlich habe mich jetzt bei um die 1 Euro eingedeckt, da ich eine ähnliche Chance wie bei Hecla wo sie bei 1,40 standen sehe. Ich denke wir sollten zumindest die 2 Euro wieder sehen....schauen wir mal 🤠 Was man nicht vergessen darf, wir sind jetzt bei 1,14 USD mit 500Mio bewertete und bei 2 USD dann mit ca 1 Mrd. ich weiss nicht, ob die AG wirklich 1 Mrd wert ist....Viel Glück!

[wrkmq]

Bin heute auch wieder eingestiegen. Setze darauf, dass sich das Seuchenjahr 2019 nicht wiederholt. Mit der letzten Verwässerung sind Bad News nun hoffentlich erst einmal raus. Die Produktionsziele wurden ja auch in 2019 erreicht, nur gab es zu viele Ereignisse, die die AISCs erhöht haben. An den Mythos des CEOs glaube ich schon lange nicht mehr, aber wenn die einfach mal produzieren ohne weitere Hiobsbotschaften (die Wette, die ich eingehe), dann sollte das auch mit dem Kurs klappen. JIMHO

[faultcode]

Rob McEwen: Ende Legende.

dieses Video mit Rob McEwen vom Oktober (Black Fox ab 16') ist der Wahnsinn:

https://www.wallstreet-online.de/diskussion/1172023-1421-143…


--> viel mehr als "spectacular grades" fällt ihm auch nicht ein. Und er will kein zweites "Red Lake" versprechen
--> zur Erinnerung: das ist die Mine, die heutzutage von Evolution Mining saniert wird
(hoffentlich )

Und dazu alte Anekdoten, zwei Jahrzehnte her. So demontiert man sich selber.



In kurz: der Black Fox Complex hat schon (neben anderen Minen) den Voreigentümer Primero Mining in den Ruin getrieben: https://www.wallstreet-online.de/diskussion/1182865-71-80/pr…

--> das Erz aus Black Fox, Grey Fox etc. ist äußerst inhomogen:

Four different styles of gold mineralization: (*)
• Free gold
• Gold-bearing pyrite
• Gold associated with disseminated fine-grained pyrite
• A much less common form of gold mineralization occurs in carbonate‐quartz‐talc alteration

--> aus der Conclusion:

Complexly deformed high-grade gold mineralization within the Black Fox Complex present challenges to current and future mining, that can be addressed by well-designed exploration programs that can potentially increase reportable mineral resources on the property, but also serve to extend the life of mine at the Black Fox Mine.


=> und daher muss auch ein Rob McEwen heutzutage alle paar Monate neue Schafe finden, die sich von "spectacular grades" blenden lassen:

Frage: von welchem Goldminer, wenn sie sonst nichts wissen, kaufen sie Aktien?


(MUX, 2019-11)



(*) aus: Technical Report for the Black Fox Complex, ..., Effective date: October 31, 2017:

During the course of the economic evaluations of the open pit options, it was important to consider the refractory nature of some sections of the deposit. Unfortunately, detailed assay data on sulphur grades have not been routinely or consistently collected throughout all phases of the drilling programs to date. Therefore, back analysis to identify the specific problematic zones, or problematic regions within a specific zone, cannot be done.
aus: 13.3.7 Grey Fox - Metallurgical Test Work


=> wenn man weiterliest kann man nur zum Schluss kommen, daß dort das Erz in allen möglichen Mischformen von mildly refractory bis highly refractory vorliegt (plus möglicherweise natürlich vorkommendes Carbon, was auch die Recoveries verschlechtert, wenn nicht technisch vorgebeugt wird)


--> ich bezweifel, ob Rob McEwen hier noch richtig (eigenes) Geld in die Hand nehmen will, um die Black Fox Processing Plant prozesstechnisch auf den notwendigen Stand zu bringen, um hier mal realistisch Land in Sicht zu bekommen

--> da nutzt auch ein hoher und höherer Goldpreis nichts, wenn jedesmal die Kosten davonlaufen

<die anderen Minen schaue ich mir gar nicht erst (nochmal) an...>


__
Heute: ein OK-Tag für Goldminer, ein nicht so guter Tag für McEwen Mining:

[Joe24]

Antwort auf Beitrag Nr.: 62.777.114 von faultcode am 24.02.20 23:50:37

Zitat von faultcode: dieses Video mit Rob McEwen vom Oktober (Black Fox ab 16') ist der Wahnsinn:

https://www.wallstreet-online.de/diskussion/1172023-1421-143…


--> viel mehr als "spectacular grades" fällt ihm auch nicht ein. Und er will kein zweites "Red Lake" versprechen
--> zur Erinnerung: das ist die Mine, die heutzutage von Evolution Mining saniert wird
(hoffentlich )

Und dazu alte Anekdoten, zwei Jahrzehnte her. So demontiert man sich selber.



In kurz: der Black Fox Complex hat schon (neben anderen Minen) den Voreigentümer Primero Mining in den Ruin getrieben: https://www.wallstreet-online.de/diskussion/1182865-71-80/pr…

--> das Erz aus Black Fox, Grey Fox etc. ist äußerst inhomogen:

Four different styles of gold mineralization: (*)
• Free gold
• Gold-bearing pyrite
• Gold associated with disseminated fine-grained pyrite
• A much less common form of gold mineralization occurs in carbonate‐quartz‐talc alteration

--> aus der Conclusion:

Complexly deformed high-grade gold mineralization within the Black Fox Complex present challenges to current and future mining, that can be addressed by well-designed exploration programs that can potentially increase reportable mineral resources on the property, but also serve to extend the life of mine at the Black Fox Mine.


=> und daher muss auch ein Rob McEwen heutzutage alle paar Monate neue Schafe finden, die sich von "spectacular grades" blenden lassen:

Frage: von welchem Goldminer, wenn sie sonst nichts wissen, kaufen sie Aktien?


(MUX, 2019-11)



(*) aus: Technical Report for the Black Fox Complex, ..., Effective date: October 31, 2017:

During the course of the economic evaluations of the open pit options, it was important to consider the refractory nature of some sections of the deposit. Unfortunately, detailed assay data on sulphur grades have not been routinely or consistently collected throughout all phases of the drilling programs to date. Therefore, back analysis to identify the specific problematic zones, or problematic regions within a specific zone, cannot be done.
aus: 13.3.7 Grey Fox - Metallurgical Test Work


=> wenn man weiterliest kann man nur zum Schluss kommen, daß dort das Erz in allen möglichen Mischformen von mildly refractory bis highly refractory vorliegt (plus möglicherweise natürlich vorkommendes Carbon, was auch die Recoveries verschlechtert, wenn nicht technisch vorgebeugt wird)


--> ich bezweifel, ob Rob McEwen hier noch richtig (eigenes) Geld in die Hand nehmen will, um die Black Fox Processing Plant prozesstechnisch auf den notwendigen Stand zu bringen, um hier mal realistisch Land in Sicht zu bekommen

--> da nutzt auch ein hoher und höherer Goldpreis nichts, wenn jedesmal die Kosten davonlaufen

<die anderen Minen schaue ich mir gar nicht erst (nochmal) an...>


__
Heute: ein OK-Tag für Goldminer, ein nicht so guter Tag für McEwen Mining:

Wie ich es schon einmal hier geschrieben habe, die große Story Rob Mcewen ist vorbei, er macht sich von Tag zu Tag einfach nur noch lächerlicher....er ist in meinen Augen nicht mehr als ein alter seniler Mann der viele Kleinanleger um ihr hart erabeitetes Geld gebracht hat...die einzigste Frage dabei ist nur noch, absichtlich oder unabsichtlich?

[boersentrader02]

Ein interessanter Video-Clip der Silt-Gruppe. Lohnt sich bestimmt für alle Goldsammler.

Wenn es auch mit der MUX im Moment nicht so gut läuft. Auch Rob leidet unter diesen Verfall seiner Aktie. Nicht nur ich leide unter diesen jetzugen Verfall, aber wie heisst es so schön "Der Glaube stirbt zu letzt".


„Faszination Edelmetalle“ – Episode 1: Gold ist Geld!

[meichel]

Vorausschau Q4

10.03.2020 07:01:24




Ausblick: McEwen präsentiert das Zahlenwerk zum abgelaufenen Jahresviertel



McEwen präsentiert in der am 11.03.2020 stattfindenden Finanzkonferenz das Zahlenwerk zum jüngsten Quartal, welches am 31.12.2019 endete.

3 Analysten schätzen im Schnitt, dass McEwen im jüngsten Jahresviertel einen Verlust von -0,017 USD je Aktie erwirtschaftet hat. Im Vorjahresviertel waren es noch -0,050 USD je Aktie gewesen.

3 Analysten erwarten im Schnitt beim Umsatz eine Steigerung von 41,99 Prozent gegenüber dem im Vorjahresquartal erwirtschafteten Umsatz von 26,5 Millionen USD. Demnach gehen die Experten für das abgelaufene Quartal im Schnitt von einem Umsatz von 37,6 Millionen USD aus.

In Bezug auf das abgelaufene Fiskaljahr haben 5 Analysten ihre Schätzungen abgegeben. Durchschnittlich erwarten die Experten einen Verlust von -0,110 USD je Aktie. Ein Fiskaljahr zuvor waren hier -0,130 USD je Aktie vermeldet worden. Beim Umsatz gehen 5 Analysten im Schnitt von insgesamt 119,6 Millionen USD aus, im Gegensatz zu 128,8 Millionen USD im entsprechend vorigen Fiskaljahr.

Redaktion finanzen.ch

[meichel]

Eine Meinung zur aktuellen Lage

https://usawatchdog.com/biggest-move-in-history-coming-soon-…

[boersentrader02]

Hier werdet ihr sehen, das wir wohl einen "Toten Gaul" reiten. Was die Indianer dazu sagen, ist euch bestimmt auch bekannnt, oder >?

Gilt aber nur für McEwen Mining, viele andere Goldproduzenten werden von einem steigenden Gold- und Silbermarkt profitieren, nur MUX eben nicht.


McEwen Mining: All-Time Lows Are Not Bullish
Mar. 15, 2020 2:18 PM ET|
6 comments
Taylor Dart (17,710 followers)
Summary

McEwen Mining is down 50% year-to-date, and is on track for a new all-time low monthly close to finish March.

The company missed guidance by a country mile in FY-2019, and continues to be one of the only gold miners without positive earnings despite a rising gold price.

I continue to see the stock as an Avoid due to operational challenges and missed guidance, and I would view rallies above $1.00 as selling opportunities.

It's been the most volatile week in nearly a decade for the gold miners (GDX), and this persistent selling pressure continues to reveal the real laggards of the sector. While a few select names are down less than 10% for 2020, we have other names like McEwen Mining (MUX) that have plunged to new 52-week lows. This is an extremely bearish development, considering that gold has more doubled since its 2008 lows, and McEwen Mining has essentially gone nowhere.

The poor performance should not be surprising as costs have trended higher the past three years, and management had been unable to deliver on guidance. Based on the fact that the stock is one of the only names making multi-year lows in the sector, I continue to see it as an Avoid. This does not preclude the stock from bouncing to remove oversold conditions, but I would view rallies above $1.00 as selling opportunities.

https://seekingalpha.com/article/4332053-mcewen-mining-all-t…

[boersentrader02]

Morgen meldet sich Rob zu Wort und gibt die Zahlen für 2019 bekannt. Nach den Kurserfolgen von heute.

wird er uns wohl Morgen überraschen, oder ?


McEwen Mining Reschedules Conference Call To March 17th, 2020
March 10, 2020
Download this Press Release PDF Format (opens in new window)

TORONTO, March 10, 2020 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) invites you to join our conference call following the release of our Q4 and full year 2019 financial results on

Tuesday, March 17th, 2020 at 2:00 p.m.

EDT. Participants will have the ability to ask questions following the presentation.

Click on the following link to register online for the webcast and add it to your calendar:
https://event.on24.com/wcc/r/2208781/05022E7D0226B7520D1EC55…

[boersentrader02]

Hier ist bereits das Ergenis für das Jahr 2019. Ist doch nicht berauschend, schade.

MCEWEN MINING REPORTS 2019 FULL YEAR AND Q4 RESULTS
March 16, 2020

TORONTO, March 16, 2020 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) today reported fourth quarter and full year results for the period ended December 31, 2019.

For the full year 2019, production was 174,420 gold equivalent ounces(1) (GEOs)(see Table 1), compared to 175,640 GEOs in 2018.

Our three 100% owned mines generated a cash gross profit of $33.7 million(2) in 2019, and a gross profit of $9.0 million. Cash gross profit, is a new non-GAAP measure used for the first time in our Form 10-K, and is intended to evaluate our ability to generate cash flow. Cash gross profit is calculated by adding back depletion and depreciation to gross profit, which is a GAAP measure.

We received $8.9 million in dividends from our interest in the San José mine in 2019 (49% owned).

We invested $47.3 million on advanced projects and exploration in 2019, which contributed to our consolidated net loss of $59.7 million, or $0.17 per share.

We performed 132 miles (213 km) of drilling in 2019, with approximately 90% completed at the Black Fox Complex, and the balance at the Gold Bar Property.

A review of the Gold Bar reserve estimate is ongoing, and a downward revision of the reserve estimates is anticipated (see the Gold Bar Mine section below for further details).

The Grey Fox project Indicated resource estimate increased 33% (see Table 2.4).

Exploration delivered many high-grade drill intersections on extensions of the Black Fox Mine, in the Grey Fox area, and on the Stock Property, where drilling led to the discovery of a new gold mineralized zone at Stock West.

Our year-end conference call will take place tomorrow, Tuesday, March 17th at 2pm EDT. Details are provided below.

Operations Update

San José Mine, Argentina (49% Interest)

https://www.mcewenmining.com/investor-relations/press-releas…
[/url]" target="_blank" rel="nofollow ugc noopener">https://www.mcewenmining.com/investor-relations/press-releas…
[/url]

[marstru]

Dead cat bounce?

[boersentrader02]

Die Produktion in Argentinien wurden von McEwen bis voraussichtlich bis Ende des Monats März eingestellt.

Und das auch wegen Corona, Und was das bedeuted werden wir noch sehen.


Operations Update and Withdraws Production Guidance Due to COVID-19 Pandemic


TORONTO, March 20, 2020 - McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) reports on the current impacts of COVID-19 on our operations.
•The government of Argentina has declared a state of emergency and imposed a nationwide mandatory quarantine starting today to reduce the spread of COVID-19. As a result, our 49%-owned San José mine has temporarily halted operations effective today, through at least March 31, 2020. The mine site will continue to be staffed by a reduced workforce to ensure appropriatngestellt.e safety, security, and environmental systems are maintained.

•Work at the Los Azules copper project in Argentina is also suspended until further notice.

•With the confirmed presence of COVID-19 in the Timmins region, our Black Fox operation is implementing numerous safety measures in addition to very strict site access and employee screening measures already in place: all non-essential staff and second-in-command managers will be working from home, employees who must travel by plane or for more than 4 hours have been asked not to return to the site, payroll will be isolated off site, group meetings have been discontinued, data is being collected on employee family health status, and numerous other measures.

•As a consequence of the suspension of mining at San José and uncertainty related to the potential impact of COVID-19 on our other operations, we are withdrawing all previously announced production and costs guidance for 2020.

McEwen Mining’s mines in Ontario, Nevada, and Mexico are currently continuing to operate. The measures being taken to combat COVID-19 by the Company and local authorities in each of the jurisdictions where we operate are changing rapidly. We are closely monitoring the situation at our mine sites and in the local communities. McEwen Mining Inc. will be following the guidelines and directions set out by the local public health authorities.

Reliability of Information Regarding San José
Minera Santa Cruz S.A. (MSC), the owner of the San José Mine, is responsible for and has supplied to the Company all reported results from the San José Mine. McEwen Mining’s joint venture partner, a subsidiary of Hochschild Mining plc, and its affiliates other than MSC do not accept responsibility for the use of project data or the adequacy or accuracy of this release.

[bigyawn]

McEwen Mining suspends ops at Black Fox, Gold Bar

2020-03-26 06:55 ET - News Release

Mr. Rob McEwen reports
MCEWEN MINING ANNOUNCES TEMPORARY SUSPENSION OF OPERATIONS AT BLACK FOX AND GOLD BAR MINES
In order to protect the health of McEwen Mining Inc.'s work force, their families and the nearby communities from the spread of COVID-19, both the Black Fox and Gold Bar mines will scale down operations beginning today for a period of 14 days. Certain production and exploration activities will continue at Gold Bar in areas where social distancing can be observed, including ore crushing, irrigation of the heap leach pad and operation of the process plant. At Black Fox, the company expects to continue development activities related to the Froome access ramp. Both sites will continue to be minimally staffed to ensure safety, security and environmental compliance. The company's projects in Mexico are continuing to operate normally.
About McEwen Mining Inc.
McEwen Mining is a diversified gold and silver producer and explorer with operating mines in Nevada, Canada, Mexico and Argentina. It also owns a large copper deposit in Argentina. McEwen's goal is to create a profitable gold and silver producer focused in the Americas.
We seek Safe Harbor.
© 2020 Canjex Publishing Ltd. All rights reserved.

[Ramses21]

Antwort auf Beitrag Nr.: 63.138.694 von bigyawn am 26.03.20 13:10:47

Also ich habe meine Anteile nach dieser Meldung verkauft. Wenn die auch noch wegen Corona ihre Produktion runter fahren oder einstellen...warum sollte man McEwen noch halten. Es läuft ja sonst schon nicht gut. Die kann man sich bald noch günstiger kaufen wenn man will.

[boersentrader02]

Ich gehe 6 davon aus, das MUX in den nächsten Monaten wieder über 1 US $ stehen wird.

Rob wird es doch wohl nicht zulassen das sein Baby von der Nyse ausgeschlossen wird.

Dann war ja die gesamte Mühe umsonst, die er sich mit diesem Unternehmen angetan hat.

In 6 Monaten wissen wir Bescheid. Jetzt heißt es bis in den Herbst hinein "Alles ider Nichts".

Bis dahin sind es schon einmal fast 40 bis 50 %. Ob Rob das schaffen wird ?



McEwen Mining erfüllt die Anforderungen an die Notierung an der New Yorker Börse

GlobeNewswire 27. März 2020

finance.yahoo.com/news/...addresses-york-stock-100010643.htm…

TORONTO, 27. März 2020 (GLOBE NEWSWIRE) - McEwen Mining Inc. ( MUX.TO ) ( MUX.TO ) berichtet, dass es unter die New Yorker Börse ("NYSE") gefallen ist seine Stammaktien. Die NYSE verlangt, dass der durchschnittliche Schlusskurs der Stammaktien eines börsennotierten Unternehmens über 1,00 USD pro Aktie liegt, berechnet über einen Zeitraum von 30 aufeinander folgenden Handelstagen.

Das Unternehmen wurde am 24. März 2020 von der NYSE darüber informiert, dass der Durchschnittspreis seiner Stammaktien in den letzten 30 Handelstagen unter 1,00 USD je Aktie lag.

McEwen Mining beabsichtigt, Schritte zu unternehmen, um die Einhaltung der fortgesetzten Kotierungsanforderungen der NYSE wiederherzustellen. Nach den Regeln der NYSE hat das Unternehmen eine Frist von sechs Monaten, um seinen Aktienkurs und den durchschnittlichen 30-Tage-Schlusskurs wieder über 1,00 USD zu bringen. Während dieses Zeitraums werden die Stammaktien des Unternehmens weiterhin an der NYSE gehandelt, vorbehaltlich aller anderen Anforderungen an die weitere Notierung. Wenn sich der Aktienkurs am Ende der sechsmonatigen Nachfrist nicht erholt hat, unterliegt die Aktie des Unternehmens den NYSE-Suspendierungs- und Delisting-Verfahren. Die Notierung des Unternehmens an der Toronto Stock Exchange ("TSX") bleibt von jeglichen Maßnahmen der NYSE unberührt.

[Ramses21]

Antwort auf Beitrag Nr.: 63.231.687 von boersentrader02 am 03.04.20 18:28:48

Der Rob kann auch einfach die Aktienanzahl halbieren und Zack sind die Anforderungen wieder erfüllt. Aber das bedeutet nicht das es besser läuft. Bei € 0,40 würde ich vielleicht wieder schwach werden.