TORONTO, April 09, 2019 (GLOBE NEWSWIRE) – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) reports consolidated production for Q1 2019 of 26,789 gold ounces and 703,217 silver ounces, or 36,166 gold equivalent ounces (1) (“GEOs”). Consolidated Production Summary Q1 Full Year 2018 2019 2018 2019 Guidance Gold (oz) 35,069 26,789 135,203 162,000 Silver (oz) 695,651 703,217 3,032,694 3,225,000 GEOs (1) 44,344 36,166 175,640 205,000 (1) Using a 75:1 gold to silver ratio. “ I am very ple
Source: www.mcewenmining.com
McEwen Mining, a gold and silver producer focused on the Americas, reported Q1 2019 consolidated production of 26,789 gold ounces and 703,217 silver ounces, or 36,166 gold equivalent ounces (GEOs). These results revealed an 18% drop from the same period last year. However, for 2019 as a whole, the company is on pace for a 17% increase in production to 205k GEOs. This forecast is driven by strong performance from the San José and El Gallo mines, which are expected to deliver over 50% of the planned production.
