McEwen Mining Inc. (McEwen Mining), formerly US Gold Corporation, is a silver and gold producer in the Americas. The Company’s principal assets include a 49% interest in Minera Santa Cruz SA, which is the owner of the San Jose Silver-Gold Mine that is located near Goldcorp's Cerro Negro project in Argentina, and the El Gallo Complex in Sinaloa, Mexico and the Gold Bar Project in Nevada, as well as the Los Azules Copper Deposit in San Juan, Argentina.
HC Wainwright has recently begun coverage of McEwen Mining, giving it a Buy rating and US$1.25 price target.
09/04/15A robbery at Sinaloa mine will not change Q2 2015 gold production plans
17/07/14McEwen reports 8% fall in Q2 output, announces impairment charge on Los Azules
26/06/13As gold tanks further, Eric Sprott says yellow metal will go "significantly higher"
18/03/13McEwen Mining boosts San Jose mineral resources to “record level”
10/09/12McEwen Mining releases feasibility study for El Gallo silver-gold complex, shares rally
19/03/12McEwen Mining boosts resources and reserves at San Jose mine
Recent Sector News
Eldorado Gold is Greece’s largest foreign investor and it has been targeted by Greek and EU authorities
Sunridge to obtain license for the Asmara Project as part of a comprehensive 20 year mining agreement
Sunridge expects to secure the mining license shortly such that AMSC will be able to raise the capital to develop the mining and shipping of the high-grade copper direct shipping ore on the Debarwa deposit during Phase 1A of the project
The Nevada Division of Environmental Protection (NDEP), Bureau of Mining Regulation and Reclamation has issued a Notice of Decision, removing all tonnage restrictions.
Integra is considering Lamaque South and the adjacent Sigma-Lamaque Milling Complex, which has produced a combined 4.5 million ounces of gold in the past, as part of the same deposit because they are only 500 meters apart.
Eagle Hill Exploration to own 28% of new entity consolidating five gold companies under Oban Mining’s leadership
Upon closing of the transactions, Eagle Hill will own 28% of New Oban. Temex will hold 16%, Ryan Gold 24% and Corona Gold 19% while Osisko and Dundee will own approximately 18% and 15% of New Oban, respectively.
On May 8, Gold Resource Corp reported a net income of US$5.1 million, or US$0.09/share for the first quarter of 2015 on sales of US$28.4 million
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