NetworkNewsBreaks – McEwen Mining Inc. (NYSE: MU
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Posted On: 02/09/2023 3:41:46 PM
NetworkNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Well Positioned as Gold and Copper Forecasts Point to Higher Prices
McEwen Mining (NYSE: MUX) (TSX: MUX) is an asset-rich diversified gold and silver producer with large exposure to copper through its subsidiary, McEwen Copper. “[MUX] is led by a management team with extensive knowledge and experience in the mining space and owns and operates in some of the most prolific gold-producing regions in the Americas. Many current gold and copper forecasts point to higher prices over the next few years. Should that occur, McEwen Mining’s assets position it well to benefit,” a recent article reads. “A key factor for investors is that McEwen Mining’s management team is uniquely aligned with investor interests. Rob McEwen, the company’s CEO, has a 17% ownership stake in McEwen Mining and a 15% ownership in McEwen Copper, with a combined cost base in the companies of roughly $220 million. McEwen Mining has a 68% stake in McEwen Copper, which is expected to be a game changer, as it owns one of the world’s 10 largest undeveloped copper deposits, the Los Azules Project. Given its large size and future production profile, it could become the next copper unicorn.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
McEwen Mining (NYSE: MUX) (TSX: MUX) is an asset-rich diversified gold and silver producer with large exposure to copper through its subsidiary, McEwen Copper. “[MUX] is led by a management team with extensive knowledge and experience in the mining space and owns and operates in some of the most prolific gold-producing regions in the Americas. Many current gold and copper forecasts point to higher prices over the next few years. Should that occur, McEwen Mining’s assets position it well to benefit,” a recent article reads. “A key factor for investors is that McEwen Mining’s management team is uniquely aligned with investor interests. Rob McEwen, the company’s CEO, has a 17% ownership stake in McEwen Mining and a 15% ownership in McEwen Copper, with a combined cost base in the companies of roughly $220 million. McEwen Mining has a 68% stake in McEwen Copper, which is expected to be a game changer, as it owns one of the world’s 10 largest undeveloped copper deposits, the Los Azules Project. Given its large size and future production profile, it could become the next copper unicorn.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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