McEwen Mining
McEwen Mining Inc (, ) explores for gold, silver and copper in the Americas. The objective of McEwen Mining is to qualify for inclusion in the S&P 500 by 2015 by creating a high growth, low cost, mid-tier gold producer focused in the Americas. McEwen Mining's principal assets consist of the following:
- Production: a 49% interest in Minera Santa Cruz SA, owner of the San José silver-gold mine that is located near Goldcorp's Cerro Negro project in Argentina; and Phase I of the El Gallo complex in Sinaloa, Mexico.
- Development: Phase II of the El Gallo complex in Sinaloa, Mexico; The Gold Bar project in Nevada; as well as the Los Azules copper deposit in San Juan, Argentina.
- Exploration: The Company has a large portfolio of exploration properties in Santa Cruz province Argentina, surrounding the San José mine and Goldcorp's Cerro Negro project in addition to large land packages in Nevada adjoining Barrick's Cortez mine and surrounding our El Gallo complex in Mexico.
McEwen Mining has 296,024,859 shares issued and outstanding. Rob McEwen, Chairman, President and Chief Owner, owns 25% of the shares of the Company. As of December 31, 2012, McEwen Mining had cash and liquid assets of approximately US$70 million and is debt free.