---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-117208"
form_type: "8-K"
ticker: "MUX"
cik: "0000314203"
company_name: "McEwen Inc."
filed_at: "2023-11-13T23:59:59+00:00"
generated_at: "2026-06-08T05:48:56.327057+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# McEwen Mining Q3 net loss $18.5M ($0.39/sh); production guidance at lower end; costs above outlook

## Summary
- Q3 net loss $18.5M ($0.39/sh) vs loss $10.5M ($0.21/sh) in Q3/22; adjusted net loss $4.2M vs adjusted net income $6.4M.
- Consolidated Q3 production 38,500 GEOs (+8% YoY); 9M 104,400 GEOs; FY guidance reaffirmed at lower end of 150k-170k GEOs.
- Gold Bar mine cash costs $1,529/GEO, AISC $2,160/GEO; expects full-year costs 10-15% above guidance due to weather and labor.
- McEwen Copper closed financings with Stellantis and Nuton raising ARS$42B and $10M at $26/sh, implying $800M valuation; MUX ownership now 47.7%.
- Cash and equivalents $49.1M ($47.5M for Los Azules); working capital $72.3M; expects to deconsolidate McEwen Copper from Q4 onward.

## SEC filing metadata
- accession: 0001104659-23-117208
- form_type: 8-K
- ticker: MUX
- cik: 0000314203
- company_name: McEwen Inc.
- filed_at: 2023-11-13T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/314203/000110465923117208/0001104659-23-117208-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/314203/000110465923117208/tm2330367d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-117208
- JSON: https://secwatch.observer/filing/0001104659-23-117208.json
- Plain text: https://secwatch.observer/filing/0001104659-23-117208.txt

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