Mcewen Mining (MUX) Swings to Q1 Profit
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McEwen Mining Reports 2015 First Quarter Operating & Financial Results
May 11, 2015 7:30 AM EDTTORONTO, ONTARIO -- (Marketwired) -- 05/11/15 -- McEwen Mining Inc. (NYSE: MUX)(TSX: MUX) is pleased to report our financial results for the three months ended March 31, 2015(1). Reported earnings from mining operations were $17.2 million(2) with cash flow from operations of $5.6 million. Our gold equivalent production was 33,434 ounces at total cash costs and all-in sustaining costs of $674 and $948 per ounce(3) respectively.
McEwen Mining has a treasury of $17.3 million in cash, cash equivalents, precious metals and no bank debt.
The table below provides production and cost per ounce results for Q1 and Q1 2014 comparative results. Guidance for 2015 remains unchanged and is restated below.
... MoreAnnouncement: McEwen Mining Q1 2015 Conference Call Monday May 11, 2 PM EDT
May 9, 2015 11:00 AM EDTTORONTO, ONTARIO -- (Marketwired) -- 05/09/15 -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Chief Owner, Rob McEwen, along with members of senior management, will be hosting a conference call Monday May 11, 2015 at 2 PM EDT to provide the Q1 2015 Company update.
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