McEwen Mining

Published : November 28th, 2011

Announces Positive Preliminary Feasibi =?ISO-8859-1?Q?lity=20Study=20for=20Gold=20Bar=20Project,=20N

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US Gold Corporation
NYSE: UXG
TSX: UXG
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November 28, 2011
US Gold Announces Positive Preliminary Feasibility Study for Gold Bar Project, Nevada
TORONTO, ONTARIO--(Marketwire - Nov. 28, 2011) - US GOLD CORPORATION (NYSE:UXG)(TSX:UXG) is pleased to announce results of a Preliminary Feasibility Study ("PFS") for its 100% owned Gold Bar Project in Nevada. The PFS was prepared by SRK Consulting (U.S.) Inc. ("SRK") of Reno, Nevada, in accordance with the requirements of Canadian National Instrument 43-101 "Standards of Disclosure for Mineral Projects" ("NI 43-101").

Highlights of the Pre-feasibility Study

(All amounts in US dollars)

--  Average annual production of approximately 51,000 ounces of gold over an
    8-year mine life (total 410,400 ounces), at a cash cost of $665 per
    ounce (oz).

--  Open-pit mine with conventional oxide heap leach processing. Projected
    gold recovery of 82% after primary crushing to 5 centimeters (2 inches)
    and a 90-day leach cycle.

--  After-tax Net Present Value (NPV) of $36.4 million at $1,200 per oz gold
    and 8% discount rate, giving an Internal Rate of Return (IRR) of 29%.
    Based on today's spot gold price ($1,700 per oz) the after-tax NPV and
    IRR increase to $109.1 million and 61% respectively.

--  Estimated initial capital expenditures of $55.8 million and sustaining
    capital of $38.5 million, for total life-of-mine (LoM) capital
    expenditures of $94.3 million. Pay-back period of 2.6 years at $1,200
    per oz gold, or 1.4 years based on the spot gold price ($1,700 per oz).
 
Financial Analysis

The PFS calculates a Base Case (gold price of $1,200 per ounce) after-tax NPV of $36.4 million, an IRR of 29%, and average after-tax cash flow from operations of $18.1 million per year.

The financial metrics for the projects are stated both after-tax and pre-tax. US Gold has included pre-tax metrics for comparability with our peer companies, many of which have published preliminary economic studies on a pre-tax basis prior to recent NI 43-101 changes. Economic sensitivities at different metals prices and discount rates are calculated as follows:

----------------------------------------------------------------------------
                                                  Base Case        Spot Case
                                                 ($1,200 oz       ($1,700 oz
After Income Tax (Federal 35%, State 5%):             gold)            gold)
----------------------------------------------------------------------------
  IRR (%)                                              29.1             61.5
----------------------------------------------------------------------------
  NPV 0% Discount ($ millions)                         79.2            204.4
----------------------------------------------------------------------------
  NPV 8% Discount ($ millions)                         36.4            109.1
----------------------------------------------------------------------------
  Average Annual Cash Flow ($ millions)                18.1             33.5
----------------------------------------------------------------------------
  Average Operating Margin Per Ounce ($)                503              973
----------------------------------------------------------------------------
  Payback Period (years)                                2.6              1.4
----------------------------------------------------------------------------
----------------------------------------------------------------------------
                                                  Base Case       Spot Case 
                                                 ($1,200 oz       ($1,700 oz
Before Income Tax:                                    gold)            gold)
----------------------------------------------------------------------------
  IRR (%)                                              33.6             74.4
----------------------------------------------------------------------------
  NPV 0% Discount ($ millions)                        109.7            299.6
----------------------------------------------------------------------------
  NPV 8% Discount ($ millions)                         51.6            161.0
----------------------------------------------------------------------------
  Average Annual Cash Flow ($ millions)                21.7             45.1
----------------------------------------------------------------------------
  Average Operating Margin Per Ounce ($)                503              973
----------------------------------------------------------------------------
  Payback Period (years)                                2.5              1.2
----------------------------------------------------------------------------
 
Capital

Capital costs for the PFS include all activities required prior to and during development of the mine. Initial capital is estimated at $55.8 million including $7.7 million (16%) for contingencies. Additional capital expenses such as a heap leach expansion and reclamation and closure obligations bring the total life-of-mine capital required to $94.3 million including $13.9 million (17%) for contingencies. The PFS assumes that a contract miner will be employed to operate the mining fleet, and that new capital equipment will be purchased for the operation. Capital costs are summarized as follows:

----------------------------------------------------------------------------
                                                          Heap   Reclamation
                                            Initial  Expansion           and
                                            Capital   (Year 3)       Closure
----------------------------------------------------------------------------
                                                      ($ millions)          
----------------------------------------------------------------------------
Mine                                                                        
----------------------------------------------------------------------------
  Capitalized Pre-Stripping                    15.5                         
----------------------------------------------------------------------------
  Access Roads                                  1.2                         
----------------------------------------------------------------------------
  Contractor Mobilization                       0.5                         
----------------------------------------------------------------------------
  Mine Contingency (15%)                        2.6                         
----------------------------------------------------------------------------
Process                                                                     
----------------------------------------------------------------------------
  Crushing & Pad Equipment                      5.9                         
----------------------------------------------------------------------------
  Process Plant                                10.1        0.3              
----------------------------------------------------------------------------
  Mobile Equipment                              0.9                         
----------------------------------------------------------------------------
  Process Contingency (15%)                     2.6                         
----------------------------------------------------------------------------
Leach Pads                                                                  
----------------------------------------------------------------------------
  Mobilization, Administration, EPCM            1.5        1.3              
----------------------------------------------------------------------------
  Heap Leach Pads                               4.3        5.1              
----------------------------------------------------------------------------
  Process Water Ponds                           1.1                         
----------------------------------------------------------------------------
  Diversion Channels                            0.1                         
----------------------------------------------------------------------------
  Miscellaneous                                 0.2                         
----------------------------------------------------------------------------
  Leach Pad Contingency (15%)                   1.1        1.0              
----------------------------------------------------------------------------
Owner Costs                                                                 
----------------------------------------------------------------------------
  Mobile Equipment                              1.1                         
----------------------------------------------------------------------------
  Buildings                                     1.3                         
----------------------------------------------------------------------------
  Power and Water                               2.0                         
----------------------------------------------------------------------------
  EPCM                                          0.8                         
----------------------------------------------------------------------------
  Consumables Inventory                         0.1                         
----------------------------------------------------------------------------
  Pre Production Activities                     1.5                         
----------------------------------------------------------------------------
  Reclamation                                                           25.8
----------------------------------------------------------------------------
  Owner Costs Contingency (20%)                 1.4                      5.2
----------------------------------------------------------------------------
----------------------------------------------------------------------------
Capital Costs (Without Contingency)            48.2        6.6          25.8
----------------------------------------------------------------------------
Contingency                                     7.7        1.0           5.2
----------------------------------------------------------------------------
Total Capital Cost                             55.8        7.6          30.9
----------------------------------------------------------------------------
 
Operating Costs

Operating costs per ore tonne processed and per payable ounce (after refining) are as follows:

----------------------------------------------------------------------------
                                                            Cost per payable
                                         Cost per ore                  ounce
                                      tonne processed               produced
----------------------------------------------------------------------------
Mining                                         $10.71                $394.50
----------------------------------------------------------------------------
Processing                                      $6.22                $229.00
----------------------------------------------------------------------------
G&A                                             $1.15                 $42.40
----------------------------------------------------------------------------
Total Operating Costs                          $18.09                $665.90
----------------------------------------------------------------------------
 
Mining and Processing

The PFS evaluates the use of open pit mining and heap leach processing of oxide material at a rate of approximately 5,500 tonnes per day. Processing will consist of primary crushing to a size of 5 centimetres (cm) or 2 inches with agglomeration applied as required. Sodium cyanide and cement consumption are expected to be 0.25 kilograms (kg) per tonne (0.5 pounds (lbs) per ton) and 2.5 kg/tonne (5 lbs/ton) respectively. Over the mine life, production will total 15.1 million tonnes of ore at 1.0 gram per tonne (gpt) gold or 0.03 ounces per ton (opt) gold for total recoverable gold of 410,400 ounces (oz). The proposed production schedule is as follows:

--------------------------------------------------------------------------
                                                                     
                                                                  
                        Oxide Heap Leach                                 
          --------------------------------------------                    
                          Gold                              Waste           
            Ore Tonnes   Grade   Contained   Recovered     Tonnes    Strip  
Year        (millions)   (gpt)   Gold (oz)   Gold (oz) (millions)    Ratio  
--------------------------------------------------------------------------
                                                         8.0 (Pre-        
0                                                           strip)        
--------------------------------------------------------------------------
1                  2.0    1.26      81,200      53,300         9.7     4.8
--------------------------------------------------------------------------
2                  2.0    0.99      63,500      55,000         9.6     4.8
--------------------------------------------------------------------------
3                  2.0    1.13      72,800      58,100         8.9     4.4
--------------------------------------------------------------------------
4                  2.0    0.94      60,400      51,600         9.3     4.7
--------------------------------------------------------------------------
5                  2.0    0.94      60,200      49,400         9.6     4.8
--------------------------------------------------------------------------
6                  2.0    1.06      68,000      54,500         7.8     3.9
--------------------------------------------------------------------------
7                  2.0    0.91      58,600      49,600         5.9     3.0
--------------------------------------------------------------------------
8                  1.1    1.02      35,700      33,000         0.8     0.7
--------------------------------------------------------------------------
9                                                5,900                    
--------------------------------------------------------------------------
LoM               15.1    1.03     500,400     410,400        61.7     4.7
--------------------------------------------------------------------------
 
Permitting

The Gold Bar Project, in Eureka County, Nevada, is located on public lands managed by the Bureau of Land Management (BLM) Battle Mountain Field Office, and on patented lands. The BLM and the Nevada Division of Environmental Protection (NDEP) will be the primary regulatory agencies responsible for ensuring environmental protection as the Gold Bar Project progresses through permitting and approval processes. US Gold believes that both permitting processes (Federal and State) can be accelerated by completing certain activities concurrently when appropriate. The Gold Bar Project will also require environmental review pursuant to the National Environmental Policy Act (NEPA).

US Gold believes that the level of detail in the PFS is sufficient to make a positive production decision without a full feasibility study being completed. The intention is therefore to proceed directly to the permitting phase and move towards productions as quickly as possible.

Resource Estimate

The updated NI 43-101 compliant resource estimate included in the PFS was developed by SRK and is comprised only of gold resources that fall within the boundaries of a conceptual pit. In this case the conceptual pit was designed at the then one-year trailing average gold price of $1,500/oz. This approach differs from previously published resource estimates on the project, which were unconstrained resources. As a result of this difference in approach, the stated resource estimate by SRK is lower. The updated resource is as follows:

----------------------------------------------------------------------------
                               Tonnage       Avg.       Avg.         Cut-off
Gold Bar Project              (million      Grade      Grade    Gold   Grade
 Resources(i)                  tonnes)      (gpt)      (opt)  Ounces   (gpt)
----------------------------------------------------------------------------
Measured                           0.7       1.19      0.035  25,844     0.3
----------------------------------------------------------------------------
Indicated                         18.8       0.94      0.027 567,084     0.3
----------------------------------------------------------------------------
Measured + Indicated              19.5       0.95      0.028 592,928     0.3
----------------------------------------------------------------------------
Inferred                           7.0       0.94      0.027 212,168     0.3
----------------------------------------------------------------------------
   (i)Notes:                                                              
                                                                          
   - Mineral Resources are not Mineral Reserves and do not have           
     demonstrated economic viability. There is no certainty that all or   
     any part of the Mineral Resources estimated will be converted into   
     Mineral Reserves;                                                    
   - Resources stated are contained within a potentially economically     
     minable open pit stated above a 0.30 gpt Au cut-off grade;           
   - Variable density was applied to tonnage estimates as determined      
     during metallurgical test work;                                      
   - Pit optimization is based on an assumed gold price of $1,500/oz,     
     metallurgical recovery of 82% and a processing and G&A cost of       
     $7.99/tonne;                                                         
   - A NI 43-101 compliant technical report containing the "Mineral       
     Resource Estimate" will be filed on SEDAR and posted on US Gold's    
     website (http://www.usgold.com/). The resource estimate was completed
     using Datamine(C) mining software by Frank Davies (SRK Consulting    
     Associate) a "Qualified Person" and "Independent" of US Gold within  
     the meaning of NI 43-101;                                            
   - Mineral resource tonnage and contained metal have been rounded to    
     reflect the accuracy of the estimate, and numbers may not add due to 
     rounding.
 
Reserves

The PFS establishes reserves under NI 43-101 for the Gold Bar Project. Under NI 43-101 regulations only resources in the measured or indicated category can be included as proven or probable reserves. The reserves estimate is further constrained by the design pits included in the PFS, which demonstrate economic and engineering feasibility in the current mining environment. In this case the reserve pit was designed at the three-year trailing average gold price at the time the reserves were established of $1,100/oz. The underlying assumptions supporting the reserves estimate are as follows:

----------------------------------------------------------------------------
Assumptions for Reserves Calculation                       Units      Values
----------------------------------------------------------------------------
Gold Price                                                  $/oz       1,100
----------------------------------------------------------------------------
Mining Cost                               Gold Pick      $/tonne        2.48
----------------------------------------------------------------------------
                                         Gold Ridge      $/tonne        2.76
----------------------------------------------------------------------------
                                        Cabin Creek      $/tonne        2.34
----------------------------------------------------------------------------
                                              Waste      $/tonne        2.20
----------------------------------------------------------------------------
Processing and G&A                                       $/tonne        7.99
----------------------------------------------------------------------------
Recovery(i)                                                    %       82(i)
----------------------------------------------------------------------------
Cut-off Grade                                                gpt       0.285
----------------------------------------------------------------------------
Inter-ramp Pit Slope Angle                Gold Pick     degrees           54
----------------------------------------------------------------------------
                                         Gold Ridge     degrees           42
----------------------------------------------------------------------------
                                        Cabin Creek     degrees           54
----------------------------------------------------------------------------
                                              Dumps     degrees           32
----------------------------------------------------------------------------
(i)Notes: Metallurgical tests to support this assumption conducted by       
Kappes, Casidday and Associates of Reno, Nevada. Tables detailing the       
metallurgical test results are attached at the end of this release.
 
The PFS reserves estimate is as follows:

----------------------------------------------------------------------------
                            Tonnage    Avg.    Ave.          Cut-off        
                           (million   Grade   Grade     Gold   Grade   Strip
Gold Bar Project Reserves   tonnes)   (gpt)   (opt)   Ounces   (gpt)   Ratio
----------------------------------------------------------------------------
Gold Pick Pit                  11.4    1.01   0.030  370,911   0.285     4.8
----------------------------------------------------------------------------
Gold Ridge Pit                  1.7    1.04   0.030   57,145   0.295     4.2
----------------------------------------------------------------------------
Cabin Creek Pit                 2.0    0.89   0.026   56,323   0.280     3.3
----------------------------------------------------------------------------
Total Probable Reserves        15.1    1.00   0.029  484,379   0.285     4.6
----------------------------------------------------------------------------
 
Metallurgical Testing

The Gold Pick, Gold Ridge and Cabin Creek deposits are well oxidized and occur at elevations above the local water table. Test work indicates that the ore leaches quickly with normal cyanide application, and is enhanced by primary crushing. While determining that 82% gold recovery was reasonable during commercial production, SRK considered three sources of technical information. First, a large volume of cyanide soluble assay data is available for comparison with fire assay results, this ratio of cyanide leach recovery to fire assay recovery is useful in determining which mineralized zones are amenable to heap leach. Second, bottle roll and column testing conducted be Kappes, Casidday and Associates (KCA) between 1984 and 1994 was available for composite samples collected by the projects previous owner. Third, in late 2010 and 2011 US Gold conducted a core-drilling (PQ size) program to collect metallurgical samples from all the main mineral zones, and bulk samples were collected from the existing Gold Pick pit. KCA analysed these samples with supervision and guidance from SKR. Recent test work consisted of bottle roll tests on 74 samples, column tests on 4 core composites and 4 bulk composites. A summary of the 2011 column test results at a 5 cm (2 inch) crush size is as follows:

----------------------------------------------------------------------------
                            Avg.                         Sodium             
                            Gold                        Cyanide         Lime
                     Crush  Head             Leach       (NaCN)    (Ca(OH)2)
                      Size Assay Extraction   Time  Consumption  Consumption
Sample Location       (cm) (gpt)   (% Gold) (days)   (kg/tonne)   (kg/tonne)
----------------------------------------------------------------------------
                        Composites from core samples                        
----------------------------------------------------------------------------
Gold Pick East           5  1.21         90     57         0.45          1.5
----------------------------------------------------------------------------
Gold Pick West           5  1.61         95     57         0.58          1.5
----------------------------------------------------------------------------
Gold Ridge North         5  1.38         84     57         0.49          1.5
----------------------------------------------------------------------------
Cabin Creek              5  1.75         95     57         0.71          1.5
----------------------------------------------------------------------------
                        Composites from bulk samples                        
----------------------------------------------------------------------------
Gold Pick East           5  1.20         91     70         0.25          1.0
----------------------------------------------------------------------------
Gold Pick East           5  5.56         96     70         0.47          1.6
----------------------------------------------------------------------------
Gold Pick East           5  1.63         92     70         0.37          1.5
----------------------------------------------------------------------------
Master Composite         5  2.23         93     70         0.34          1.5
----------------------------------------------------------------------------
Average                  5  2.07         92     64         0.46          1.5
----------------------------------------------------------------------------
 
PROPERTY LOCATION

The Gold Bar Project is located within the Battle Mountain-Eureka-Cortez gold trend in Eureka County, Central Nevada. The property was previously mined from 1990 to 1994 by Atlas Precious Metals Inc. The nearest operating mines are Barrick Gold's Ruby Hill (approximately 25 miles to the Southeast) and its Cortez Mine (approximately 35 miles to the Northwest).

ABOUT US GOLD

US Gold's objective is to qualify for inclusion in the S&P 500 by 2015. US Gold explores for gold and silver in the Americas and is advancing its El Gallo Project in Mexico and its Gold Bar Project in Nevada towards production. US Gold's shares are listed on the NYSE and the TSX under the symbol UXG, trading 2.5 million shares daily during the past twelve months. US Gold's shares are included in S&P/TSX and Russell indices and Van Eck's Junior Gold Miners ETF. Rob McEwen, Chairman and CEO, owns 20% of the shares of US Gold.

PROPOSED MERGER & VOTE

On June 14, 2011 the Company announced that Mr. Rob McEwen proposed to combine the Company with Minera Andes to create a high-growth, low-cost, mid-tier silver producer operating in the Americas. Each Minera Andes shareholder would receive 0.45 of a US Gold share for every Minera Andes share held. US Gold shareholders of record at the close of business on the record date, December 12, 2011, will be entitled to notice of and to vote at the special meeting. The special meeting will be held in Toronto on January 19, 2012. The venue will be announced shortly.

QUALIFIED PERSON

Technical information related to the PFS contained in this news release has been reviewed and approved by J. B. Pennington, an independent Qualified Person as defined by NI 43-101, with the ability and authority to verify the authenticity and validity of the information in this release. The report titled "NI 43-101 Preliminary Feasibility Study of US Gold Corporation's Gold Bar Project" with an effective date of November 28, 2011 has been prepared by SKR Consulting, an independent geological consulting firm with a local office in Reno, Nevada. This report will be available on SEDAR (www.sedar.com) within 180 days.

FORWARD LOOKING STATEMENTS

Certain statements contained herein and subsequent oral statements made by and on behalf of the Company may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements may be identified by words such as "intends," "anticipates," "believes," "expects" and "hopes" and include, without limitation, statements regarding the Company's results of exploration, plan of business operations, potential contractual arrangements, receipt of working capital, anticipated revenues and related expenditures. Factors that could cause actual results to differ materially include, among others, those set forth in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2010 and other filings with the Securities and Exchange Commission, under the caption "Risk Factors". Most of these factors are outside the control of the Company. Investors are cautioned not to put undue reliance on forward-looking statements. Except as otherwise required by applicable securities statutes or regulations, the Company disclaims any intent or obligation to update publicly these forward-looking statements, whether as a result of new information, future events or otherwise.

CAUTIONARY STATEMENTS FOR U.S. INVESTORS

US Gold prepares its resource estimates in accordance with standards of the Canadian Institute of Mining, Metallurgy and Petroleum referred to in Canadian National Instrument 43-101 (NI 43-101). These standards are different from the standards generally permitted in reports filed with the SEC. Under NI 43-101, US Gold reports measured, indicated and inferred resources, measurements which are generally not permitted in filings made with the SEC. The estimation of measured resources and indicated resources involve greater uncertainty as to their existence and economic feasibility than the estimation of proven and probable reserves. U.S. investors are cautioned not to assume that any part of measured or indicated resources will ever be converted into economically mineable reserves. The estimation of inferred resources involves far greater uncertainty as to their existence and economic viability than the estimation of other categories of resources.

Canadian regulations permit the disclosure of resources in terms of "contained ounces"; however, the SEC only permits issuers to report "mineralized material" in tonnage and grade without reference to contained ounces. Under U.S. regulations the tonnage and grade described herein under the "measured" and "indicated" categories would be characterized as mineralized material. The disclosure herein is being made by US Gold to provide a means of comparing its project to those of other companies in the mining industry, many of which are Canadian and report pursuant to NI 43-101, and to comply with applicable disclosure requirements. U.S. investors should be aware that the issuer has no "reserves" as defined by Guide 7 and are cautioned not to assume that any part or all of the potential target mineral resources will ever be confirmed or converted into Guide 7 compliant "reserves".

CONTACT INFORMATION:

US Gold Corporation
Jenya Meshcheryakova
Investor Relations
(647) 258-0395 or Toll Free: (866) 441-0690
Fax: (647) 258-0408

or

Mailing Address:
US Gold Corporation
181 Bay Street
Bay Wellington Tower
Fax: Suite 4750, P.O. Box 792
Toronto, ON M5J 2T3
info@usgold.com

INDUSTRY: Manufacturing and Production - Mining and Metals


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Gold and Silver Prices for these countries : Mexico | All

McEwen Mining

PRODUCER
CODE : MUX
ISIN : US58039P1075
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McEwen Mining is a gold development stage company based in Canada.

McEwen Mining produces gold, silver in Argentina and in Mexico, develops gold and silver in Mexico, and holds various exploration projects in Mexico.

Its main assets in production are MAGISTRAL MINE in Mexico and SAN JOSE ARGENTINA in Argentina, its main asset in development is EL GALLO MEXICO in Mexico and its main exploration properties are PALMARITO, GOLD PICK AND GOLD RIDGE, TONKIN PROJECT and MAGISTRAL in Mexico and LOS AZULES ARGENTINA and LIMO in Argentina.

McEwen Mining is listed in Canada, in Germany and in United States of America. Its market capitalisation is US$ 316.8 millions as of today (€ 280.5 millions).

Its stock quote reached its highest recent level on April 08, 2011 at US$ 9.87, and its lowest recent point on March 20, 2020 at US$ 0.53.

McEwen Mining has 337 054 594 shares outstanding.

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1/4/2016Gold Stocks under Review -- McEwen Mining, Harmony Gold Mini...
12/29/2015Edited Transcript of MUX earnings conference call or present...
12/15/2015McEwen Mining New Financial Management Appointments
11/6/2015McEwen Mining Appoints Interim CFO
11/6/20159:55 am McEwen Mining appoints Rob McEwen as Interim Chief F...
11/5/2015McEwen posts 3Q profit
11/5/2015McEwen Mining Q3 2015 Operating & Financial Results
10/27/20156:31 am McEwen Mining reports Q3 production, showing 43,390 ...
10/21/2015McEwen Mining Announces Positive Feasibility Study for Gold ...
10/15/2015McEwen Mining (MUX) Jumps: Stock Adds 10.2% in Session
10/1/2015McEwen Mining Announces Management Change
10/1/2015McEwen Mining Announces Stock Repurchase Program
10/1/20154:49 pm McEwen Mining announces 15 mln share stock repurchas...
9/9/2015McEwen Mining Increases Production Guidance for 2015
8/27/2015Edited Transcript of MUX earnings conference call or present...
8/5/2015McEwen Mining Reports 2015 Second Quarter Operating & Financ...
7/22/2015Edited Transcript of MUX earnings conference call or present...
7/16/2015McEwen Mining Receives Insurance Proceeds
7/15/2015McEwen Mining Announces Record Quarterly Production at El Ga...
7/5/20154:32 pm McEwen Mining confirms that it has fallen below the ...
6/23/2015McEwen Mining Inc.: Production Update
6/23/20159:34 am McEwen Mining announces that production at the El Ga...
4/22/2015Global Demand Means the World's Most Important Base Metal Ma...
4/21/2015London Metal Exchange Copper Inventory Sees On-Warrant Stock...
4/21/2015McEwen Mining Announces Exploration Update for El Gallo 1, M...
4/16/2015McEwen Mining Announces Q1 2015 Production Results; Full Yea...
4/13/2015Statement by Rob McEwen- Cartel Confusion: Clarification of ...
4/10/2015Mining co. in Mexico has 'good relationship' with cartels
4/7/2015Armed Robbers Steal $8.5 Million of Gold From McEwen Mexico ...
4/7/2015McEwen Mining Reports Armed Robbery at El Gallo 1 Mine
4/7/20155:06 pm McEwen Mining reports armed robbery at El Gallo 1 mi...
3/20/2015BHP Billiton Boosts Growth on Higher Yield, Runs Risks - Ana...
3/10/2015McEwen Mining 2014 Operating & Financial Results
3/9/2015McEwen reports 4Q loss
3/9/2015McEwen Mining 2014 Operating & Financial Results
3/9/2015Announcement: Mcewen Mining Q4 & Full-Year 2014 Conference C...
3/9/2015Announcement: Mcewen Mining Q4 & Full-Year 2014 Conference C...
2/24/2015BHP Billiton 1H15 Results Weak, Down Y/Y on Headwinds - Anal...
2/13/2015Rio Posts Weak 2014 Results, Falls Y/Y on Market Headwinds -...
1/15/2015McEwen Mining Reports Record Production in 2014
1/15/2015McEwen Mining Reports Record Production in 2014
1/2/2015Rob McEwen, Chairman & Chief Owner Exercises Stock Options i...
12/22/2014Rob McEwen, Chairman & Chief Owner Exercises Stock Options i...
1/20/2012and Minera Andes Shareholders Vote to Approve Business Combi...
1/14/2012Responds to Settlement Offer Regardi
12/21/2011Rob McEwen Letter to Shareholders of US Gold and Minera Ande...
11/28/2011Announces Positive Preliminary Feasibi =?ISO-8859-1?Q?lity=2...
9/23/2011and Minera Andes Enter Into Arrangement Agreement to Form Mc...
5/18/2011Exploration Continues to Deliver Growth at El Gallo & Surrou...
7/19/2010Options Listed on Chicago Board of Options Exchange
6/7/2010Annual General Meeting of Shareholders
5/25/2010El Gallo MetallurgicalResults Demonstrate Excellent Silver R...
5/18/2010El Gallo Drilling Expands Silver Mineralization 100 Meters t...
4/26/2010El Gallo Continues to Impress
4/16/2010Announces Positive Preliminary Economi =?ISO-8859-1?Q?c=20As...
4/1/2010Announces 26% Increase in Measured and Indicated Resources a...
10/14/2009Nevada Delivers Good Drill Results
9/15/2009Added to the S&P/TSX Global Gold Index & S&P/TSX Global Mini...
8/5/2009Impressive Results Continue at El Gallo in Three Areas
6/10/2009Rob McEwen Invites Investors to US Gold's =?ISO-8859-1?Q?=20...
5/31/2009in New York City
5/26/2009Announces the Closing of Over-Allotment of Common Stock
5/19/2009Announces the Closing of Its Public Offering of Common Stock
12/3/2008Luncheon Dec 17, 2008
11/21/2008Dow Jones Article: US Gold
8/25/2008Exploration News Release
8/6/2008Outlines Nevada Exploration Program
7/7/2008Mexico Exploration Update
6/24/2008Mexico Exploration Update
5/14/20082008 US Gold AGM
3/25/2008Mexico Exploration Update
11/20/2007 Ann Carpenter has stepped down as President
10/5/2007Nevada Exploration Update
7/3/2007Completes Acquisitions of Target Companies!
7/4/2007& Lexam CEO Rob McEwen Appointed to the Order of Canada; Can...
6/12/2007Open Letter to US Gold Shareholders
6/12/2007Intriguing Grab Sample: Metal Value $2,200 Per Ton(i)
6/5/2007Announces Annual General Meeting
4/13/2007Canadian Acquisition Corporation TSX Listing Approved
4/10/2007Encouraging Results; Best Grade: 0.73 Opt Over 5 Ft.
3/13/2007 Reminds Shareholders of White Knight Resources, Nevada Paci...
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NYSE (MUX)TORONTO (MUX.T)
0.940-1.05%
NYSE
US$ 0.940
12/03 16:10 -0.010
-1.05%
Prev close Open
0.950 0.940
Low High
0.920 0.960
Year l/h YTD var.
0.940 -  1.65 -5.05%
52 week l/h 52 week var.
0.940 -  1.65 -3.98%
Volume 1 month var.
2,678,020 -14.55%
24hGold TrendPower© : 24
Produces Gold - Silver
Develops Gold - Silver
Explores for Copper - Gold - Silver
 
 
 
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