Finding Gold, Silver and Copper in the Americas

Rob McEwen, Chairman & CEO of McEwen Mining (MUX:TSX), describes this company in exploration, production and development of gold, silver and copper.

When you look at McEwen Mining, it offers you leverage to gold, silver and copper. It has a clean balance sheet so there’s protection on the downside. We don’t have any pressing financial requirements. We operate through the Americas; we have two mines and two projects we’re developing into mines. We’re in Mexico and Argentina right now, Mexico we have a gold mind and in Argentina a silver gold mine. We’re developing a silver property in Mexico and a gold property in Nevada. Our mix will be 42% silver, producing 6.8 million ounces of silver about a 140,000 ounces of gold.

We have a very large copper deposit in Argentina called Los Azules. It contains just under 20 billion pounds of copper. We haven’t done any financing so we haven’t diluted our shareholders, in fact we bought back stock last year — bought back about 1%. I own 25% of the company. I paid $127 million for that interest. Last 10 years I haven’t taken a salary and the board just gave a $1 a year salary in June. I don’t get a bonus, so I wanted to be very closely aligned with my shareholders and I’ll make money in the same way they do through a higher share price and I’ll feel pain if out stock goes down the same way they do.

For more information on McEwen Mining (MUX:TSX) fill out the form below.

Request Investor Kit

Name*

Email*

*required.

Related News

BTVLogo1
On TV for more than 16 years, BTV-Business Television, a weekly investor program, features emerging companies and top analysts across the US and Canada to bring investors information to grow their portfolio. Hosted by Taylor Thoen, BTV goes on location, interviewing key executives and showcasing their business to give investors insight before they make a buying decision.

Watch BTV
ceo-clips-footer-logo
Did you know management is one of the top three reasons why investors buy a stock? Meet the CEO before you invest. CEO Clips are 90 second video profiles on companies in the markets designed to help you make an educated investment decision. According to Forbes, 60% of people prefer watching video over reading text. What are you waiting for? We’ve featured over 1000 companies. Discover a new company now!

Watch CEO Clips
Broadcast On

© 2017 Business Television All Rights Reserved