Nicolas Darveau-Garneau
appointed Mr. Nicolas Darveau-Garneau who agreed to serve as a member of the Board effective November 17, 2023
Highest-materiality recent filing
McEwen receives $49.4M dividend from Minera Santa Cruz; total 2026 dividends now $58.2M
Received $49.4 million dividend from its 49% owned investee Minera Santa Cruz S.A. on May 21, 2026.
McEwen receives $49.4M San José dividend; 2026 total $58.2M, exceeds forecast
The $49.4M dividend brings 2026 San José dividends to $58.2M, exceeding original full-year expectation of $40-50M.
McEwen swings to Q1 net income of $33.4M, revenue up 107% to $74.0M
Net income $33.4M ($0.56/share) vs net loss $6.3M ($0.12/share) in Q1 2025.
McEwen reports Tartan Mine gold resource of 308,900 oz Indicated and 302,700 oz Inferred
Indicated: 308,900 oz (2.62M tonnes @ 3.67 g/t); Inferred: 302,700 oz (2.83M tonnes @ 3.32 g/t) using US$3,000/oz gold.
McEwen swings to profit: Q4 net income $38.1M, FY net income $34.4M; 2026 GEO guidance 114k-126k
Q4 2025 net income $38.1M ($0.70/sh) vs loss $8.2M ($0.16/sh) YoY; FY net income $34.4M vs loss $43.7M.
Acquisition: 0.003876 MUX share per GLM share, implied CDN$0.12, 60% premium to 20-day VWAP.
Tartan step-out drilling: 7.5 gpt gold over 18.9 m on Western Flank; acquisition closed Jan 5, 2026; resource estimate due Feb 2026.
McEwen (MUX) completed acquisition of Canadian Gold (TSX-V:CGC) via statutory plan of arrangement, effective Jan 5, 2026.
McEwen secures El Gallo permit; construction mid-2026, first gold mid-2027
Mexican government granted extension of Environmental Impact Assessment for El Gallo Mine.
McEwen to acquire ~31% stake in Paragon Geochemical (PhotonAssay) for CAD $15.3M in stock
McEwen to acquire 648,002 shares from Britannia Life Sciences and 226,286 shares via private placement at CAD $17.50/share.
McEwen Q3 net loss $0.5M; cuts FY GEO guidance to 112K-123K from 120K-140K
Q3 revenue $50.5M (-3% YoY); net loss $0.5M ($0.01/sh); adj. EBITDA $11.8M.
McEwen signs deal to acquire Canadian Gold for 0.0225 shares/share, 96.7% premium
Exchange ratio 0.0225 McEwen shares per CGC share; offer price CDN $0.60/share (96.7% premium to pre-announcement close).
Los Azules FS shows $2.9B NPV, 19.8% IRR, initial capex $3.17B
After-tax NPV(8%) $2.9B, IRR 19.8%, payback 3.9 yrs; initial capital $3.17B at $4.35/lb Cu.
Argentina approves McEwen Copper's Los Azules for $2.672B RIGI investment plan
Argentina's Large Investment Incentive Regime (RIGI) approves Los Azules, endorsing a $2.672 billion investment for exploration, construction, and operations.
IFC and McEwen Copper signed a collaboration agreement to align Los Azules with IFC's ESG standards for future debt and equity financing.
Grey Fox drilling: Gibson zone 10.1 g/t Au over 5.8m and 10.4 g/t Au over 5.6m; Grey Fox South 4.8 g/t Au over 14.9m.
McEwen reports Q2 net income of $3.0M vs year-ago loss; production drops to 27,554 GEOs
Net income of $3.0M ($0.06/share) vs net loss of $13.0M ($0.26) in Q2 2024; Adjusted EBITDA $17.3M ($0.32/share).
McEwen to acquire Canadian Gold Corp at C$0.35/sh (26% premium); Tartan Mine asset
Each CGC share exchanges for 0.0225 McEwen share; premium of 26% to 30-day VWAP as of July 25, 2025.
McEwen Copper gets $25M insider loan at 12%; executive RSU grants awarded
McEwen Copper (46.4% owned by MUX) received $25M loan from Evanachan Ltd, an affiliate of Chairman Robert McEwen, at 12% annual interest.
McEwen Mining Q1 net loss narrows to $6.3M; production down 27% YoY; $110M convertible notes issued
Net loss $6.3M ($0.12/sh) vs $20.4M ($0.41) in Q1 2024; gross profit $10.1M (+68%) on 31% higher gold price.
McEwen Mining 2024: net loss $43.7M, Fox Complex misses guidance; issues $110M notes
Revenue $174.5M, net loss $43.7M ($0.86/sh); adjusted EBITDA $29.2M ($0.57/sh).
McEwen Mining issues $110M of 5.25% convertible notes due 2030; conversion price $11.25
Principal amount of $110M includes $15M full exercise of initial purchasers' option; net proceeds ~$105.9M.
McEwen Mining Announces $85M Convertible Note Offering; Preliminary Cash ~$13.7M
$85M convertible senior notes due 2030 offered in private placement; initial purchasers option for additional $15M.
McEwen Mining 2024 production 135,900 GEOs within guidance; 2025 forecast 120,000-140,000 GEOs
2024 consolidated production 135,900 GEOs (Gold Bar 44,600, Fox 30,150, San Jose 60,100).
McEwen Copper secures environmental permit for Los Azules copper project in Argentina
EIA approved by San Juan Ministry of Mines; submitted April 2023, reviewed over 3,000 pages.
Revenue $52.3M (+36% YoY); gross profit $13.8M (+268%); net loss improved to $2.1M ($0.04/share) from $18.5M loss.
McEwen Mining completes Timberline acquisition; exchange ratio 0.01 MUX per TLRS share
Completed acquisition of Timberline Resources effective Aug 19, 2024; former Timberline shareholders receive 0.01 McEwen share per Timberline share held.
Net loss $13.0M ($0.26/sh) vs $21.6M loss ($0.46/sh) in Q2 2023; Adjusted EBITDA $7.2M vs negative $5.8M.
McEwen Mining and Chairman invest $19M in McEwen Copper private placement
McEwen Mining subsidiary Minera Andes purchased 466,667 McEwen Copper shares for $14M; Chairman Robert McEwen entity bought 166,666 shares for $5M.
McEwen Mining acquires Timberline Resources in stock-for-stock merger at 0.01x ratio
Each Timberline share converts to 0.01 McEwen share; fractional shares rounded up to whole share.
McEwen Mining 2023 net income $1.15/sh vs loss; production misses guidance
Net income $54.7M ($1.15/diluted) vs 2022 net loss $81.1M ($1.71 loss); $224M gain from deconsolidation of McEwen Copper.
McEwen Mining closes $16.1M flow-through financing; Q4 production rises to 29,600 GEOs in Oct-Nov
Issued 1,903,000 flow-through common shares for gross proceeds of US$16.1M (Cdn$22M) for Canadian exploration and development.
McEwen Mining Q3 net loss $18.5M ($0.39/sh); production guidance at lower end; costs above outlook
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.
appointed Mr. Nicolas Darveau-Garneau who agreed to serve as a member of the Board effective November 17, 2023
expanded the number of directors on the Board from seven to eight and subsequently appointed Ms. Michelle Makori to serve as a member of the Board, effective August 9, 2023.
Max materiality 0.85 · Median 0.65 · Most common event other_material