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Mar 31, 2022
McEwen Mining Q1 2022 Earnings Report
Reported first quarter results with mixed operational performance across its mining properties.
Key Takeaways
McEwen Mining reported its first quarter results, highlighting production and cost results across its Fox Complex, Gold Bar Mine, and San José Mine. The company is progressing with exploration and development projects, including the Los Azules copper deposit. However, operations were affected by COVID-19-related employee absences and equipment failures.
Fox Complex production increased year-over-year, but was impacted by labor shortages and equipment failures.
Gold Bar Mine production decreased year-over-year due to mining contractor issues and carbon segregation.
San José Mine production decreased year-over-year due to COVID-19-related employee absences.
Los Azules project advanced with drilling program, confirming mineralization size and grade.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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