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McEwen Mining Reports 2017 Full Year and Q4 Production Results
Jan. 15, 2018 09:33AM PST
Gold InvestingMcEwen Mining (NYSE:MUX) (TSX:MUX) reports annual consolidated production in 2017 was 109,947 gold ounces and 3,178,742 silver ounces, or 152,329 gold equivalent ounces, at a gold to silver ratio of 75:1. Q4 2017 Highlights El Gallo achieved production of 19,893 gold equivalent ounces in Q4, successfully recuperating lost production due to equipment failure in July. …
McEwen Mining (NYSE:MUX) (TSX:MUX) reports annual consolidated production in 2017 was 109,947 gold ounces and 3,178,742 silver ounces, or 152,329 gold equivalent ounces, at a gold to silver ratio of 75:1.
Q4 2017 Highlights
- El Gallo achieved production of 19,893 gold equivalent ounces in Q4, successfully recuperating lost production due to equipment failure in July.
- Black Fox had a good first quarter after the transition to MUX ownership, producing 14,279 gold equivalent ounces.
- Funding for a $10 million exploration program in the Timmins region, focusing on the Black Fox Complex.