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McEwen (MUX)

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Earnings summaries and quarterly performance for McEwen.

Recent press releases and 8-K filings for MUX.

McEwen Inc. Announces Significant Gold Drill Results at Gold Bar Mine Complex
MUX
New Projects/Investments
Guidance Update
  • McEwen Inc. announced significant new drill results from its Gold Bar Mine Complex in Nevada, including a best-to-date intersection at Windfall of 5.55 gpt gold over 44.2 meters, with 48.38 gpt gold over 4.6 meters of oxide mineralization.
  • The company is advancing the Windfall, Lookout Mountain, and Unity Ridge deposits towards production decisions, aiming to transform the Gold Bar Mine Complex into a long-life operation.
  • An updated Mineral Resource Estimate for Lookout Mountain is expected by the end of February 2026, which is projected to meaningfully increase the total ounces at the Gold Bar Mine Complex.
  • McEwen plans to invest approximately $10 million in exploration at Gold Bar in 2026, with results contributing to future Mineral Resource Estimates for Windfall and Unity Ridge.
5 days ago
McEwen Inc. to Acquire Golden Lake Exploration Inc.
MUX
M&A
New Projects/Investments
  • McEwen Inc. entered into a Definitive Agreement on January 28, 2026, to acquire Golden Lake Exploration Inc. via a plan of arrangement, with Golden Lake becoming a wholly-owned subsidiary of McEwen.
  • The acquisition aims to integrate Golden Lake's Jewel Ridge and Jewel Ridge West projects, which are adjacent to McEwen's Gold Bar Mine Complex, to help transform it into a long-life operation.
  • Each Golden Lake common share will be exchanged for 0.003876 McEwen common shares, representing an implied offer price of CDN $0.12 per Golden Lake Share, which is a 60% premium to Golden Lake's 20-day volume-weighted average price as of January 26, 2026.
  • Following the completion of the transaction, existing Golden Lake shareholders are expected to own approximately 0.5% of the combined company.
  • The Proposed Transaction requires approval from 66 ⅔% of Golden Lake shareholders, warrantholders, and noteholders at a special meeting anticipated in March, in addition to necessary court and regulatory approvals.
Jan 29, 2026, 1:40 AM
McEwen Announces Significant Gold Drill Results and Development Plans
MUX
New Projects/Investments
Revenue Acceleration/Inflection
  • McEwen Inc. (MUX) announced new drill results from its Gold Bar Mine Complex in Nevada, with the best hole at Windfall returning 5.55 gpt gold over 44.2 meters, including 48.38 gpt gold over 4.6 meters of oxide mineralization.
  • These results are part of the company's strategy to transform the Gold Bar Mine Complex into a potential long-life operation, integrating Windfall, Lookout Mountain, and Unity Ridge into production plans to double production by 2030.
  • The company plans to publish a Mineral Resource Estimate for Lookout Mountain by the end of February and invest approximately $10 million in exploration in 2026 to update Mineral Resource Estimates for Windfall and Unity Ridge.
Jan 27, 2026, 11:09 AM
Goliath Resources Reports High-Grade Gold Intercepts and Expansion of Surebet Discovery
MUX
New Projects/Investments
Guidance Update
  • Goliath Resources Limited reported assay results (gold only) from the remaining 70 holes of its 2025 drill campaign at the Surebet Discovery on its Golddigger Property.
  • Highlights include drill hole GD-25-319 intersecting 19.13 g/t Au over 6.10 meters and drill hole GD-25-405 intersecting 10.58 g/t Au over 8.30 meters.
  • 100% of the drill holes completed to date have intersected gold mineralization, demonstrating continuity, grades, and widths in 5 Main Gold-Rich Zones comprising 46 mineralized lodes that remain open for expansion.
  • The company is fully funded for its 2026 drill program, which will mainly focus on expanding the 5 Main Mineralized Zones and testing the Motherlode causative intrusive source.
  • Assay results are still pending for 110 drill holes from 2025 for multi-element gold equivalent (AuEq) results, which will be released in the near future.
Jan 20, 2026, 11:20 AM
McEwen Announces 23% Increase in Grey Fox Indicated Gold Resources and Upcoming Pre-Feasibility Study
MUX
New Projects/Investments
  • McEwen Inc. reported its Year-End 2025 Mineral Resource Estimate for the Grey Fox Project, totaling 1.9 million Indicated gold ounces and 436,000 Inferred gold ounces.
  • This estimate reflects a 23% increase in the Indicated Resource compared to Year-End 2024.
  • A Pre-Feasibility Study (PFS) for the Grey Fox Project, which will balance underground and open pit mining methods, is scheduled for release in Q2 2026.
  • The Grey Fox Project is considered important for the Company's goal of doubling production by 2030.
  • The recently acquired Stroud Property, adjacent to Grey Fox, contains a historical resource of approximately 270,000 gold ounces, which McEwen plans to validate and incorporate in future updates.
Jan 20, 2026, 11:00 AM
McEwen Reports Tartan Mine Drill Results and Targets Production Doubling by 2030
MUX
New Projects/Investments
Guidance Update
  • McEwen Inc. reported final drill results for its Tartan Mine project, including an intercept of 7.5 grams per tonne gold over 18.9 metres, which expanded gold mineralization along the Western Flank.
  • The company completed the acquisition of Tartan earlier this year and anticipates releasing an updated mineral resource estimate by the end of February.
  • This updated estimate will be used to develop future plans, as the company aims to double production by 2030.
Jan 15, 2026, 4:16 PM
McEwen Reports Significant Drill Results at Tartan Mine Project
MUX
M&A
New Projects/Investments
  • McEwen Inc. announced final drill results for its newly acquired Tartan Mine Project, near Flin Flon, Manitoba, which was acquired on January 5, 2026, through the purchase of Canadian Gold Corp.
  • Highlights from the recent results include an intercept of 7.5 gpt gold over 18.9 metres, which expands gold mineralization along the Western Flank.
  • An updated Mineral Resource Estimate for the Tartan Mine Project is expected to be released by the end of February , and will be used to develop future plans as the company targets doubling production by 2030.
  • The company is budgeting $3 million for exploration at Tartan in 2026.
Jan 13, 2026, 11:00 AM
McEwen Inc. Announces Closing of Business Combination with Canadian Gold Corp.
MUX
M&A
Delisting/Listing Issues
New Projects/Investments
  • McEwen Inc. and Canadian Gold Corp. announced the closing of their business combination (Arrangement) on January 6, 2026, which became effective at 8:00 a.m. Vancouver time on January 5, 2026.
  • Under the Arrangement, each holder of Canadian Gold common shares will receive 0.0225 McEwen common shares for each Canadian Gold Share held.
  • Shares of Canadian Gold are expected to be delisted from the TSX Venture Exchange effective as of the close of market on January 7, 2026.
  • An Amending Agreement was made to address NYSE requirements, stipulating that all Canadian Gold Shares held by Mr. Rob McEwen will be exchanged for subscription receipts of McEwen, which will convert into McEwen Shares upon shareholder approval at the next annual meeting.
Jan 8, 2026, 9:30 PM
McEwen Secures El Gallo Mine Extension, Targets Mid-2027 Gold Pour
MUX
New Projects/Investments
  • McEwen Inc. has obtained an Environmental Impact Assessment extension from the Mexican government for its El Gallo Mine, enabling Phase 1 mill construction to begin mid-2026 with the first gold pour targeted for mid-2027.
  • Phase 1 is expected to produce approximately 20,000 gold equivalent ounces annually by reprocessing material from the historical leach pad, with remaining capital costs estimated at $25 million.
  • The company has also commenced work on Phase 2, which will involve production from in-situ silver deposits, extending the life of El Gallo beyond the initial 10 years contemplated under Phase 1.
Jan 6, 2026, 4:16 PM
McEwen Inc. Completes Business Combination with Canadian Gold Corp.
MUX
M&A
Delisting/Listing Issues
New Projects/Investments
  • McEwen Inc. (MUX) completed its business combination with Canadian Gold Corp. (CGC) through a statutory plan of arrangement, effective January 5, 2026.
  • Under the terms of the arrangement, each Canadian Gold shareholder will receive 0.0225 McEwen common shares for each Canadian Gold Share held.
  • Canadian Gold shares are expected to be delisted from the TSX Venture Exchange at the close of market on January 7, 2026.
  • Rob McEwen's Canadian Gold shares were exchanged for McEwen subscription receipts, which will convert to McEwen shares upon future shareholder approval or be satisfied in cash if approval is not obtained.
  • McEwen's immediate priorities include accelerating and expanding exploration at Tartan, initiating mine plan engineering, advancing production permitting, and publishing an updated resource estimate by the end of February.
Jan 6, 2026, 11:00 AM