Your email has been successfully added to our mailing list.

×
0.00127741935483871 0.00127741935483871 0.0038709677419354 0.00129032258064513 0.000645161290322567 -0.00774193548387103 -0.021341935483871 -0.0141935483870968
Stock impact report

McEwen Copper requests major tax breaks for Los Azules copper mine in Argentina [Yahoo! Finance Canada]

McEwen Inc. (MUX) 
Last mcewen inc. earnings: 3/16 05:01 pm Check Earnings Report
submitted a request to join an Argentine government incentives program that would give it significant tax breaks for its Los Azules copper project in San Juan province, it said. McEwen plans to invest $2.7 billion in the mine. It has committed $227 million under the Argentine government's Large Investment Incentive Regime (RIGI) to carry out the mine's feasibility study, do exploration works, and prepare for construction. The company could pour an additional $2.5 billion into the site to build the mine and production facilities under the incentives mechanism if approved, it said in a statement late on Tuesday. Once the government gives McEwen the green light, its corporate tax rate for the Los Azules project will fall from 35% to 25%, and it will be exempt from value-added tax during construction and from export duties. "Argentina is once again opening its doors to business activity," said Robert McEwen, head and top stakeholder in McEwen Mining. Los Azules could kick off co Show less Read more
Impact Snapshot
Event Time:
MUX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for MUX alerts
Opt-in for
MUX alerts

from News Quantified
Opt-in for
MUX alerts

from News Quantified