PRESS RELEASE
By: InvestorBrandNetwork (IBN)
October 3, 2024
McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is ‘One to Watch’
- Well positioned to capitalize on the surging demand for crucial minerals in the AI industry.
- An asset rich gold and silver producer with large exposure to copper.
- Guided by Rob McEwen, a mining legend and pioneer with a proven track record and significant ownership stakes in McEwen Mining and McEwen Copper subsidiary.
- McEwen Copper’s Los Azules project is among the world’s largest and most economically robust undeveloped copper projects.
- Changing the mining paradigm and minimizing environmental impact by utilizing exceptionally responsible mining practices.
McEwen Mining (NYSE: MUX) (TSX: MUX) is an asset rich diversified gold and silver producer in the Americas with a large exposure to copper through its subsidiary, McEwen Copper, owner of the Los Azules copper deposit in Argentina, hailed as the 8th largest undeveloped copper resource in the world. Founded by industry veteran Rob McEwen, the company is dedicated to responsible mining practices, innovative exploration, and strategic development while driving growth through excellence in execution and stewardship of natural resources.
Seldom is management so aligned with investors’ interests and committed to the company’s success. With a combined investment of over $225 million, CEO Rob McEwen holds a 16% ownership stake in McEwen Mining and a 13% ownership in McEwen Copper. Acclaimed in the mining industry, McEwen founded Goldcorp, where he increased the company’s market capitalization 160 times – from $50 million to over $8 billion. The same McEwen vision and certitude have guided McEwen Mining and…
About McEwen Mining Inc.
McEwen Mining is a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina. In addition, the company owns approximately 47.7% of McEwen Copper, which is developing the large, advanced-stage Los Azules copper project in Argentina. The company’s goal is to improve the productivity and life of its assets with the objective of increasing the share price and providing a yield. Rob McEwen, chair and chief owner, has a personal investment in the company of $220 million and takes an annual salary of $1.
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