Gold$2,045.30+0.52%
Silver$23.84-0.18%
Copper$3.85+1.23%
Platinum$912.40-0.33%
Iron Ore$118.50+2.14%
Nickel$16,892-0.89%
McEwen Mining Inc. logo

McEwen Mining Inc.

MUX.TOSmall CapCopper

Price History

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About McEwen Mining Inc.

McEwen Mining Inc. (MUX.TO) is a copper mining company listed on the Toronto Stock Exchange (TSX). Our project database tracks 20 projects for McEwen Mining Inc. with technical and economic data extracted from company filings. Its flagship Los Azules (Feasibility) carries an after-tax NPV of $2.94B and an IRR of 19.8% over a 21-year mine life.

McEwen Mining Inc. is a diversified gold and silver producer with operations including the McEwen Copper subsidiary, which is developing the Los Azules copper project in Argentina. The company maintains a balanced portfolio of precious and base metals assets.

Primary Commodities

Copper

Project Economics

Grey Fox

Gold· Canada (Ontario, Fox Complex)· Development
Pre-Feasibility
Mar 2026
NPV (After-Tax) @ 5%$282M
IRR (After-Tax)24.8%
Initial Capex$177M
Head Grade3.24 g/t Au
Recovery90%
Mine TypeUnderground
Mineral Reserves
Probable: 9,406.8 kt at 3.24 g/t Au for 980.3 koz Au; Total Proven & Probable: 9,405.8 kt at 3.24 g/t Au for 980.3 koz Au
Mineral Resources
Indicated (excl. reserves): 9,681 kt at 2.25 g/t Au for 701 koz Au; Inferred (excl. reserves): 4,696 kt at 2.57 g/t Au for 388 koz Au

Gold Bar

Gold· Cortez Trend, Nevada, USA· Production
Production
2026
Mine TypeOpen Pit Heap Leach
Ownership100%

Tartan Mine Project

Gold· Manitoba, Canada· Development
Ownership100%
Mineral Reserves
168 K oz Au @ 0.61 g/t Proven & Probable
Mineral Resources
792 K oz Au @ 0.64 g/t Measured & Indicated; 281 K oz Au @ 0.78 g/t Inferred

San José Mine

Gold· Santa Cruz, Argentina· Production
Production
2026
Head Grade3.71 g/t Au, 189 g/t Ag
Mine TypeUnderground
Ownership49%
Mineral Reserves
3.71 g/t Au, 189 g/t Ag Reserve grades

McEwen Mining (Consolidated MUX)

Gold· Production
Production
2026
Mineral Reserves
4,434 K oz Au Proven & Probable; 79.0 M oz Ag Proven & Probable; 4.7 B lb Cu Proven & Probable
Mineral Resources
3,292 K oz Au Measured & Indicated; 35.0 M oz Ag Measured & Indicated; 2.5 B lb Cu Measured & Indicated; 1,250 K oz Au Inferred; 5.2 M oz Ag Inferred; 9.3 B lb Cu Inferred

Fox Complex

Gold· Timmins, Ontario, Canada· Production
Pre-Feasibility
2026
Ownership100%
Mineral Reserves
1 M oz Au @ 3.24 g/t Proven & Probable
Mineral Resources
1.5 M oz Au @ 2.53 g/t Measured & Indicated; 1 M oz Au @ 2.48 g/t Inferred

Fenix Project

Gold· Development
Annual Production30,000 oz Au/yr initial; 55 K oz Au/yr expansion
Mineral Resources
FENIX PROJECT Gold & Silver Resources: 199 K oz Au @ 0.42 g/t Measured & Indicated; 4 K oz Au @ 0.41 g/t Inferred; 20 M oz Ag @ 42 g/t Measured & Indicated; 0.3 M oz Ag @ 33 g/t Inferred

Elder Creek

Gold· Battle Mountain-Eureka Cortez Gold Trend, Nevada, USA· Exploration
Ownership100%

El Gallo Complex

Gold· Sinaloa, Mexico· Development
Ownership100%
Mineral Resources
199 K oz Au @ 0.42 g/t Measured & Indicated; 4 K oz Au @ 0.41 g/t Inferred; 20 M oz Ag @ 42 g/t Measured & Indicated; 0.3 M oz Ag @ 33 g/t Inferred

Los Azules

Copper· Argentina· Development
Feasibility
Sep 2025
NPV (After-Tax) @ 8%$2.94B
NPV (Pre-Tax)$4.28B
IRR (After-Tax)19.8%
Initial Capex$3.17B
Payback3.9 yrs
AISC2.1 USD/lb Cu
Mine Life21 yrs
Annual Production148,200 t Cu/yr
Head Grade0.453% CuT (total copper), 0.312% CuSol (soluble copper)
Recovery70.8%
Mine TypeOpen-pit
Strip Ratio1.65:1
Ownership100%
Contained Metal5.4 Blbs Cu (M&I resources)
Mineral Reserves
Proven: 229,879 kt at 0.683% CuT, 0.495% CuSol, 3,463 Mlbs Cu; Probable: 793,173 kt at 0.386% CuT, 0.259% CuSol, 6,754 Mlbs Cu; Total: 1,023,052 kt at 0.453% CuT, 0.312% CuSol, 10,217 Mlbs Cu
Mineral Resources
Measured & Indicated: 965.5 Mt at 0.255% CuT, 0.077% CuSol, 5.4 Blbs Cu, 1.0 Moz Au, 26.6 Moz Ag; Inferred: 4,239.3 Mt at 0.214% CuT, 0.042% CuSol, 20.0 Blbs Cu, 5.7 Moz Au, 149.9 Moz Ag

Froome

Gold· Canada, Northern Ontario· Production
Resource Estimate
Dec 2024
Head Grade3.53 g/t Au
Recovery89.5%
Mine TypeUnderground
Contained Metal57 koz Au
Mineral Resources
Measured: 241 kt @ 3.44 g/t Au (27 koz); Indicated: 259 kt @ 3.62 g/t Au (30 koz); Total M+I: 500 kt @ 3.53 g/t Au (57 koz); Inferred: 168 kt @ 3.51 g/t Au (19 koz)

Fuller

Gold· Canada, Northern Ontario· Exploration
Resource Estimate
Dec 2024
Head Grade3.86 g/t Au (Indicated)
Recovery88%
Mine TypeUnderground
Contained Metal193 koz Au
Mineral Resources
Indicated: 1,552 kt @ 3.86 g/t Au (193 koz); Inferred: 970 kt @ 2.93 g/t Au (91 koz)
Royalties / Streams
10% NPI royalty

Black Fox

Gold· Canada, Northern Ontario· Development
Resource Estimate
Dec 2024
Head Grade4.53 g/t Au
Recovery95%
Mine TypeUnderground
Contained Metal42 koz Au
Mineral Resources
Measured: 189 kt @ 4.61 g/t Au (28 koz); Indicated: 100 kt @ 4.38 g/t Au (14 koz); Total M+I: 288 kt @ 4.53 g/t Au (42 koz); Inferred: 225 kt @ 3.93 g/t Au (28 koz)

Davidson-Tisdale

Gold· Canada, Northern Ontario· Exploration
Resource Estimate
Dec 2024
Head Grade6.83 g/t Au
Recovery92%
Mine TypeUnderground
Contained Metal64 koz Au
Mineral Resources
Measured: 223 kt @ 6.87 g/t Au (49 koz); Indicated: 69 kt @ 6.70 g/t Au (15 koz); Total M+I: 292 kt @ 6.83 g/t Au (64 koz); Inferred: 133 kt @ 4.01 g/t Au (17 koz)

Stock East

Gold· Canada, Northern Ontario· Development
Resource Estimate
May 2024
Head Grade2.70 g/t Au (Indicated)
Recovery93%
Mine TypeUnderground
Contained Metal75 koz Au
Mineral Resources
Indicated: 866 kt @ 2.70 g/t Au (75 koz); Inferred: 579 kt @ 2.66 g/t Au (50 koz)

Stock West & Main

Gold· Canada, Northern Ontario· Development
Resource Estimate
Oct 2023
Head Grade3.31 g/t Au (Indicated)
Recovery93%
Mine TypeUnderground
Contained Metal206 koz Au
Mineral Resources
Indicated: 1,938 kt @ 3.31 g/t Au (206 koz); Inferred: 1,386 kt @ 2.96 g/t Au (132 koz)

McEwen Mining Inc. (MUX.TO)

· Production
Feasibility
May 2022

McEwen Mining - Overall Document

Fenix Project - Phase 2 (Silver)

Silver· Sinaloa, Mexico· Development
Feasibility
Feb 2021
AISC14.3 USD/oz AgEq
Mine Life3.5 yrs
Annual Production4,500,000 oz AgEq
Head Grade132 g/t Ag (El Gallo Silver average)
Recovery87%
Mine TypeOpen-pit

Fenix Project - Phase 1 (Gold)

Gold· Sinaloa, Mexico· Development
Feasibility
Feb 2021
Initial Capex$42M
AISC1,045 USD/oz Au
Mine Life6 yrs
Annual Production26,000 oz Au
Head Grade0.52 g/t Au (HLM reserves)
Recovery85%
Mine TypeOpen-pit

Project figures are automatically extracted from company filings and presentations and reflect the most recent disclosure found. They may contain errors — always verify against the linked source document.

Financial Metrics

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Frequently Asked Questions

What does McEwen Mining Inc. mine?
McEwen Mining Inc. is focused on Copper.
What is the economic value of McEwen Mining Inc.'s Los Azules?
According to its Feasibility, Los Azules has an after-tax NPV of $2.94B and an IRR of 19.8%.
What exchange is McEwen Mining Inc. listed on?
McEwen Mining Inc. trades under the ticker MUX.TO on the Toronto Stock Exchange (TSX).
How many projects does McEwen Mining Inc. have?
We track 20 projects with extracted technical and economic data for McEwen Mining Inc.

Press Releases

PRESS RELEASE

Assessing McEwen (MUX) Valuation After Recent Share Price Pullback And Strong Long Term Returns

Why McEwen (MUX) Is Back on Investors’ Radar McEwen (MUX) has caught investor attention again after recent share price moves, with the stock showing a 4.9% decline over the past day and a 15% decline over the past month, alongside strong longer term returns. See our latest analysis for McEwen. At a share price of $23.22, McEwen’s recent 1 month share price return of a 15% decline contrasts with a 3 month share price return of 21.95% and a 1 year total shareholder return above 200%. This...

Yahoo Finance5 days ago
PRESS RELEASE

Is McEwen Inc. (MUX) Outperforming Other Basic Materials Stocks This Year?

Here is how McEwen (MUX) and Hochschild Mining PLC (HCHDF) have performed compared to their sector so far this year.

Yahoo Finance5 days ago
PRESS RELEASE

Has McEwen Mining (MUX) Run Too Far After Its 227% One Year Surge?

If you are wondering whether McEwen's current share price lines up with its underlying worth, this article walks through the numbers in a clear, practical way. The stock last closed at US$24.43, with returns of 1.0% over 7 days, a 10.5% decline over 30 days, 30.8% year to date, 227.5% over 1 year, 208.8% over 3 years, and 114.3% over 5 years. Recent attention on McEwen has focused on how these strong multi year returns compare with its fundamentals and balance sheet strength. That context...

Yahoo Finance6 days ago
PRESS RELEASE

McEwen Inc (MUX) Q4 2025 Earnings Call Highlights: A Turnaround to Profitability and Strategic ...

McEwen Inc (MUX) reports a significant profit increase and outlines ambitious production and expansion goals amid challenges.

Yahoo Finance6 days ago
PRESS RELEASE

McEwen Q4 Earnings Call Highlights

McEwen (NYSE:MUX) executives used the company’s fourth-quarter and year-end 2025 results call to outline a growth strategy centered on extending mine lives through exploration, advancing multiple development projects, and moving the Los Azules copper project toward production through its subsidiary,

Yahoo Finance6 days ago
PRESS RELEASE

McEwen (MUX) Q4 Earnings Beat Estimates

McEwen (MUX) delivered earnings and revenue surprises of +164.00% and -5.52%, respectively, for the quarter ended December 2025. Do the numbers hold clues to what lies ahead for the stock?

Yahoo Finance3/12/2026
PRESS RELEASE

McEwen Mining Swings to Net Income YoY in Q4 2025, Plans to Double Production by 2030

McEwen Mining (MUX.TO) on Thursday reported that it swung to a net income year over year in the four

Yahoo Finance3/12/2026
PRESS RELEASE

McEwen: Q4 Earnings Snapshot

TORONTO (AP) — McEwen Inc. MUX) on Thursday reported net income of $38.1 million in its fourth quarter. On a per-share basis, the Toronto-based company said it had net income of 66 cents.

Yahoo Finance3/12/2026
PRESS RELEASE

Q4 and Full Year 2025 Operational and Financial Results: Q4 Net Income of $38.1M ($0.70 per Share) vs. Net Loss of $8.2M ($0.16 per Share) in Q4 2024; Advancing Key Developments to Double Production by 2030

TORONTO, March 12, 2026 (GLOBE NEWSWIRE) -- McEwen Inc. (NYSE/TSX: MUX) today announced its fourth quarter (Q4) and full year results for the period ended December 31, 2025, along with an update on its development projects as the Company looks to increase production to 250,000 – 300,000 GEOs by 2030, while lowering costs and extending mine life across operations. “With gold and silver trading near record highs, we reported significant Net Income and Adjusted EBITDA for Q4 and the full year 2025.

Yahoo Finance3/12/2026
PRESS RELEASE

McEwen Q4 and Year-End 2025 Results Conference Call

TORONTO, March 09, 2026 (GLOBE NEWSWIRE) -- McEwen Inc. (NYSE/TSX: MUX) (“McEwen”, "MUX" or the "Company”) invites you to join our Q4 and year-end 2025 conference call that will take place on Thursday, March 12, 2026, at 3:00 PM EDT. Management will discuss our financial results and project developments and follow with a question-and-answer session. Participants can ask questions directly over the phone during the webcast. Thursday,March 12, 2026at 3:00 PM EDTToll Free North America:(888) 210-34

Yahoo Finance3/9/2026

Quick Facts

Ticker Symbol
MUX.TO
Market Cap
Small Cap
Category
Copper
Commodities
Copper

This information is for educational purposes only and does not constitute investment advice. Always conduct your own research before making investment decisions.

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