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This article was published by IBN, a multifaceted communications organization engaged in connecting public companies to the investment community.
LOS ANGELES - (NewMediaWire) - January 3, 2025 - McEwen Mining (NYSE: MUX) (TSX: MUX) is well-positioned for the next commodity cycle. "Rising commodity pricesparticularly in metals critical to green energyare creating opportunities for investors in mining stocks, even as broader equity markets face potential headwinds from inflation and geopolitical risks. With metal prices climbing and demand for resources surging, companies with diversified portfolios and strong fundamentals are emerging as key players in this evolving landscape," reads a recent article.
"McEwen Mining stands out as a compelling example of a company poised to navigate and benefit from the challenges and opportunities of the current market. By leveraging its rich asset base and focus on growth, the company provides insight into how mining firms are preparing to capitalize on this pivotal moment The company's management team has carved a distinctive path in the mining industry as a gold and silver producer with operations spanning multiple jurisdictions. Beyond its robust portfolio of precious metal assets, the company holds a 46.4% stake in McEwen Copper, the developer of the Los Azules project in Argentina - a large, advanced-stage copper deposit poised to benefit from the global push toward electrification and green technologies."
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About McEwen Mining Inc.
McEwen Mining is a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina. In addition, it owns approximately 47.7% of McEwen Copper, which owns the large, advanced-stage Los Azules copper project in Argentina. The company's goal is to improve the productivity and life of its assets with the objective of increasing its share price and providing a yield. Rob McEwen, MUX's chairman and chief owner, has personally provided the company with $220 million and takes an annual salary of $1.
Forward-Looking Statements
Certain statements in this article are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management's control, including the risks set forth under the heading "Risk Factors" discussed under the caption "Item 1A. Risk Factors" in Part I of the Company's most recent Annual Report on Form 10-K or any updates discussed under the caption "Item 1A. Risk Factors" in Part II of the Company's Quarterly Reports on Form 10-Q and in the Company's other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this article in making an investment decision, which are based on information available to us on the date hereof. All parties undertake no duty to update this information unless required by law.