IBN Coverage Initiated for McEwen Mining Inc.
January 26 2023 - 8:30AM
via InvestorWire – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX), an
asset rich diversified gold and silver producer with a large
exposure to copper through its McEwen Copper subsidiary, today
announces it has selected the corporate communications expertise of
IBN, a multifaceted financial news and publishing company for
private and public entities.
Led by a management team with a track record of success, McEwen
Mining owns and operates mines in some of the most prolific gold
producing regions in the Americas. In recent months, the company
has undertaken strong actions to lower costs and increase
production across its portfolio of gold assets, driving some costs
below the industry average. Gold and copper prices are forecast to
enter a major uptrend over the next couple of years, and McEwen
Mining is laying the groundwork to capitalize on this opportunity
now.
Seldom is management so aligned with investors’ interests with a
commitment to the company’s success. CEO Rob McEwen maintains a 17%
ownership stake in McEwen Mining and a 15% ownership in McEwen
Copper with a combined cost base of roughly $220 million. McEwen
founded Goldcorp, where he took the company from a market
capitalization of $50 million to over $8 billion, and that same
vision led MUX to create McEwen Copper.
As part of the Client Partner relationship, IBN will leverage
its investor based distribution network of 5,000+ key syndication
outlets, various newsletters, social media channels, wire services
via InvestorWire, blogs and other outreach tools to generate
greater awareness for McEwen Mining.
With 17+ years of experience assisting 500+ client partners
improve communications within the investment community, and a
sizable family of 50+ trusted brands, IBN has amassed a collective
audience that includes millions of social media followers. IBN is
uniquely positioned to provide McEwen Mining the solutions needed
to reach a wide audience of investors, journalists and the general
public.
“There are lots of reasons to be excited about the coming months
for McEwen Mining. The company is bringing its gold production
costs more in line with industry averages, which is expected to
bear fruit at both The Fox Complex and Gold Bar South in 2023. This
is timely with analysts forecasting a near term bull market for the
precious metal,” stated Chris Johnson, Director of Client Solutions
for IBN. “Then, there’s the company’s 68% stake in McEwen Copper,
owner of the Los Azules copper deposit in Argentina, believed to be
the 9th largest undeveloped copper resource in the world.”
To learn more about McEwen Mining, please visit the company’s
corporate newsroom @ https://IBN.fm/MUX
About McEwen Mining Inc.
McEwen Mining is a gold and silver producer with operations in
Nevada, Canada, Mexico and Argentina. In addition, it owns 68% of
McEwen Copper, which owns the large, advanced-stage Los Azules
copper project in Argentina. The company’s goal is to improve the
productivity and life of its assets with the objective of
increasing its share price and providing a yield. McEwen’s chair
and chief owner has personally provided the company with $220
million and takes an annual salary of $1. To learn more about the
company, visit www.McEwenMining.com
About IBN
IBN consists of financial brands introduced to the investment
public over the course of 17+ years. With IBN, we have amassed a
collective audience of millions of social media followers. These
distinctive investor brands aim to fulfill the unique needs of a
growing base of client-partners. IBN will continue to expand our
branded network of highly influential properties, leveraging the
knowledge and energy of specialized teams of experts to serve our
increasingly diversified list of clients.
Through our Dynamic Brand Portfolio (DBP), IBN provides: (1)
access to a network of wire solutions via InvestorWire to reach all
target markets, industries and demographics in the most effective
manner possible; (2) article and editorial syndication to 5,000+
news outlets; (3) Press Release Enhancement to ensure maximum
impact; (4) full-scale distribution to a growing social media
audience; (5) a full array of corporate communications solutions;
and (6) total news coverage solutions.
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IBN, wherever published or re-published:
http://IBN.fm/Disclaimer
Forward-Looking Statements
This release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended
and Section 21E of the Securities Exchange Act of 1934, as amended.
All forward-looking statements are inherently uncertain as they are
based on current expectations and assumptions concerning future
events or future performance of the company. Readers are cautioned
not to place undue reliance on these forward-looking statements,
which are only predictions and speak only as of the date hereof. In
evaluating such statements, prospective investors should review
carefully various risks and uncertainties identified in this
release and matters set in the company's SEC filings. These risks
and uncertainties could cause the company's actual results to
differ materially from those indicated in the forward-looking
statements.
Corporate Communications
IBNLos Angeles,
Californiawww.InvestorBrandNetwork.com310.299.1717
OfficeEditor@InvestorBrandNetwork.com
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