On location at the Current Trends in Mining Finance Conference put on by the NY Chapter of the SME, Michael Fox is joined By Rob McEwen, President and CEO of McEwen Mining (NYSE: MUX) (TSX: MUX) and McEwen Copper. We discuss the advancements made in their Argentina Project over the past year as well as a look forward to plans for the next. Rob is excited to look over the peak of the nearby mountaintop to see what is on the other side.
We discuss the Macro view of Copper and Rob’s insights on where copper is going from here. In the recent weeks Rob had the pleasure of meeting the new President of Argentina Javier Milei. We discuss that meeting and Rob’s insights of the new President.
ABOUT MCEWEN MINING
McEwen Mining is a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina. McEwen Mining also holds a 47.7% interest in 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, Chairman and Chief Owner, has a personal investment in the Company of US$220 million.
ABOUT MCEWEN COPPER
McEwen Copper is a well-funded, private company which owns 100% of the large, advanced-stage Los Azules copper project, located in the San Juan province, Argentina. McEwen Copper is a 47.7%-owned private subsidiary of McEwen Mining, which has the ticker MUX on NYSE and TSX. Los Azules is being designed to be distinctly different from a conventional copper mine, consuming significantly less water, emitting much lower carbon and progressing towards carbon neutral by 2038, and being powered by 100% renewable electricity once in operation. In June 2023, an updated Preliminary Economic Assessment was released, which projects a long life of mine, short payback period, low production cost per pound, high annual copper production and a 21.2% after-tax IRR.
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