McEwen Copper seeks $2.5 billion for Argentina copper mine Los Azules [Yahoo! Finance Canada]
McEwen Mining Inc. (MUX)
Last mcewen mining inc. earnings: 3/16 05:01 pm
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Source: Yahoo! Finance Canada
to raise $2.5 billion to move forward with construction of Los Azules copper mine in Argentina, company Vice President Michael Meding said in an interview. McEwen Copper, part of McEwen Mining, is among several international companies looking to extract copper in the mountains of northern Argentina, a region largely untapped for the commodity due to the country's tough capital controls and volatile economy. An incentive program under President Javier Milei is now spurring activity, including from major players such as miner BHP, after the country's only copper mine closed in 2018. Los Azules is due to receive a key environmental permit in four to six weeks, Meding said. From there, the company hopes around the end of 2025 to start planning for construction. "We have invested more than $400 million to date. And now we are looking for $2.5 billion for capex," Meding told Reuters on Thursday. The project, expected to produce about 175,000 metric tons of copper a year, aims to q
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MUX
News
- McEwen Copper obtains environmental permit for Los Azules project in Argentina [Yahoo! Finance]Yahoo! Finance
- McEwen Copper Secures Environmental Permit for Construction and Operation of Los Azules [Yahoo! Finance]Yahoo! Finance
- McEwen Copper Secures Environmental Permit for Construction and Operation of Los AzulesGlobeNewswire
- McEwen Mining: Grey Fox Exploration Update - Exploration Has Opened Up New Possibilities For Resource and Production Growth [Yahoo! Finance]Yahoo! Finance
- McEwen Mining: Grey Fox Exploration Update - Exploration Has Opened Up New Possibilities For Resource and Production GrowthGlobeNewswire
MUX
Earnings
- 11/5/24 - Beat
MUX
Sec Filings
- 11/8/24 - Form 8-K
- 11/5/24 - Form 10-Q
- 9/6/24 - Form EFFECT
- MUX's page on the SEC website