secwatch.observer — SEC 8-K summary
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Issuer:     McEwen Inc. (MUX)
CIK:        0000314203
Form:       8-K
Filed at:   2023-03-14T23:59:59+00:00
Accession:  0001104659-23-032350
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

McEwen Mining reports FY2022 net loss $81.1M; 2023 GEO guidance 150k-170k; McEwen Copper valued at $550M
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- FY2022 consolidated net loss $81.1M ($1.71/sh) vs net loss $56.7M ($0.12/sh) in 2021.
- 2022 GEO production 133,300, slightly below revised guidance; 2023 guidance raised to 150,000-170,000 GEOs.
- Full-year cash cost per GEO $1,276, down 12% YoY; AISC $1,688, up 3% YoY.
- McEwen Copper: Stellantis and Nuton each own 14.2%; McEwen Mining retains 52%; implied valuation ~$550M.
- Proceeds from secondary sales to reduce debt by 38% and fund production growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/314203/000110465923032350/0001104659-23-032350-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/314203/000110465923032350/tm239555d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-032350

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