---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-115516"
form_type: "8-K"
ticker: "MUX"
cik: "0000314203"
company_name: "McEwen Inc."
filed_at: "2022-11-07T23:59:59+00:00"
generated_at: "2026-06-22T06:00:09.769112+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# McEwen Mining reports Q3 net loss of $10.5M; 35,700 GEOs produced, guidance cut

## Summary
- Q3 net loss of $10.5M ($0.21 per share); cash costs from 100%-owned mines $1,219/GEO.
- Q3 production of 35,700 GEOs, down 17% YoY; 2022 guidance revised to 134,600-141,800 GEOs.
- Fox Complex cash cost fell to $774/GEO, lowest since 2018; Gold Bar South first ore expected Q4 2022.
- McEwen Copper completed $81.85M financing (Nuton/Rio Tinto); Los Azules PEA update due Q1 2023; IPO planned Q2 2023.
- 2023 production guidance provided: 150,000-170,000 GEOs.

## SEC filing metadata
- accession: 0001104659-22-115516
- form_type: 8-K
- ticker: MUX
- cik: 0000314203
- company_name: McEwen Inc.
- filed_at: 2022-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/314203/000110465922115516/0001104659-22-115516-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/314203/000110465922115516/tm2229922d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-115516
- JSON: https://secwatch.observer/filing/0001104659-22-115516.json
- Plain text: https://secwatch.observer/filing/0001104659-22-115516.txt

## Key facts
- Earnings Releases
  McEwen Inc. reported Q3 2022 results: net income net loss in Q3 was $10.5 million, EPS $0.21 per share.
  - Period: Q3 2022
  - Net income: net loss in Q3 was $10.5 million
  - EPS: $0.21 per share
  - Result: reported results
  source text: Our consolidated net loss in Q3 was $10.5 million, or $0.21 per share, which relates primarily to $7.8 million spent on the Los Azules project, and $5 million on exploration and advanced projects at our mines.
  evidence_url: https://www.sec.gov/Archives/edgar/data/314203/000110465922115516/0001104659-22-115516-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.