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Sep 30, 2021
McEwen Mining Q3 2021 Earnings Report
McEwen Mining reported increased production at Gold Bar, Fox Complex, and San Jose mines, with reduced cash costs and AISC at several operations. Exploration programs advanced at various sites, and progress was made on the Los Azules project.
Key Takeaways
McEwen Mining Inc. reported its Q3 results for the period ended September 30th, 2021. Production increased across multiple mines, and exploration activities progressed at key projects, including Los Azules.
Gold Bar production increased by 82% compared to Q3 2020, with exploration focusing on near-mine targets.
Fox Complex production increased by 43% compared to Q3 2020, driven by improved efficiencies at the Froome deposit.
San José attributable production increased by 36% compared to Q3 2020, with encouraging exploration results in the mine area.
Los Azules project is advancing with road reopening, camp site establishment, and preparations for a drilling program.