McEwen Mining (Seite 90)

[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…

[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.

[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…

[meichel]

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

[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:
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[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.

[freddy1989]

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

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

[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

[meichel]

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

[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