McEwen Mining (Seite 58)

[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

[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…

[marstru]

Ich hoffe immer noch auf einen short squeeze bei MUX. Vielleicht werden die Shorties doch noch nervös.

[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.

[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.

[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.: 60.984.962 von bigyawn am 09.07.19 13:55:23

Rob, macht das schon richtig. Top Leute an BOARD.👍

[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.