8 Nov 2012director interest notice● Neutral
McEwen Inc. director Richard W. Brissenden exercised stock options for 75,000 shares and disposed of 75,000 shares.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
7 Nov 2012quarterly activities report● Neutral
McEwen Inc. reported quarterly revenue of $11.7 million for the period ended 2012-09-30.
7 Nov 2012quarterly activities report● Neutral
McEwen Inc. reported quarterly revenue of $11.7 million for the period ended 2012-09-30.
31 Oct 2012securities registration● Neutral
McEwen Inc. filed the final prospectus for a registered offering.
31 Oct 2012material agreement▲ GoodMajor
Chairman and Chief Owner Rob McEwen personally backstopped the company's $60.4 million rights offering, agreeing to buy any shares other holders don't subscribe for - a strong vote of confidence from the largest insider rather than a dilutive outside raise.
31 Oct 2012securities registration● Neutral
McEwen Inc. filed a prospectus supplement for an offering off its existing shelf.
10 Sept 2012resource reserve update▲ GoodMajor
A feasibility study for Phase II of McEwen's El Gallo silver-gold project in Sinaloa, Mexico came back positive: about 5.2 million oz of silver and 6,100 oz of gold a year for the first six years, a 26% after-tax IRR at $25 silver, and roughly $178 million of initial capital needed.
9 Aug 2012quarterly activities report● Neutral
McEwen Inc. reported quarterly revenue of $679 thousand for the period ended 2012-06-30.
8 Aug 2012quarterly activities report● Neutral
McEwen Inc. reported quarterly revenue of $679 thousand for the period ended 2012-06-30.
28 June 2012resource reserve update▲ GoodMajor
McEwen Mining raised its resource estimate for the 100%-owned Los Azules copper project in Argentina - Indicated copper up 109% to 4.6 billion lbs and Inferred copper up 4% to 10.8 billion lbs - as one of the world's largest undeveloped copper deposits kept growing on the drill bit.