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This article was published by IBN, a multifaceted communications organization engaged in connecting public companies to the investment community.
LOS ANGELES, CA - (NewMediaWire) - October 3, 2024 - McEwen Mining (NYSE: MUX) (TSX: MUX) is an asset rich diversified gold and silver producer in the Americas with a large exposure to copper through its subsidiary, McEwen Copper, owner of the Los Azules copper deposit in Argentina, hailed as the 8th largest undeveloped copper resource in the world. Founded by industry veteran Rob McEwen, the company is dedicated to responsible mining practices, innovative exploration, and strategic development while driving growth through excellence in execution and stewardship of natural resources.
Well positioned to capitalize on the surging demand for crucial minerals in the AI industry.
An asset rich gold and silver producer with large exposure to copper.
Guided by Rob McEwen, a mining legend and pioneer with a proven track record and significant ownership stakes in McEwen Mining and McEwen Copper subsidiary.
McEwen Copper's Los Azules project is among the world's largest and most economically robust undeveloped copper projects.
Changing the mining paradigm and minimizing environmental impact by utilizing exceptionally responsible mining practices.
Seldom is management so aligned with investors' interests and committed to the company's success. With a combined investment of over $225 million, CEO Rob McEwen holds a 16% ownership stake in McEwen Mining and a 13% ownership in McEwen Copper. Acclaimed in the mining industry, McEwen founded Goldcorp, where he increased the company's market capitalization 160 times from $50 million to over $8 billion. The same McEwen vision and certitude have guided McEwen Mining and
About McEwen Mining Inc.
McEwen Mining is a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina. In addition, the company owns approximately 47.7% of McEwen Copper, which is developing the large, advanced-stage Los Azules copper project in Argentina. The company's goal is to improve the productivity and life of its assets with the objective of increasing the share price and providing a yield. Rob McEwen, chair and chief owner, has a personal investment in the company of $220 million and takes an annual salary of $1.
Forward-Looking Statements
Certain statements in this article are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management's control, including the risks set forth under the heading "Risk Factors" discussed under the caption "Item 1A. Risk Factors" in Part I of the Company's most recent Annual Report on Form 10-K or any updates discussed under the caption "Item 1A. Risk Factors" in Part II of the Company's Quarterly Reports on Form 10-Q and in the Company's other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this article in making an investment decision, which are based on information available to us on the date hereof. All parties undertake no duty to update this information unless required by law.