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McEwen Mining ( (MUX) ) has shared an announcement.
McEwen Copper Inc. has applied for its Los Azules project to join Argentina’s Large Investment Incentive Regime (RIGI), a move that would grant significant financial and operational benefits, including tax reductions and exemptions. The project is estimated to require a total investment of $2.7 billion, with plans to start construction in early 2026, potentially enhancing McEwen Copper’s position in the mining sector and contributing to Argentina’s economic growth.
More about McEwen Mining
McEwen Mining Inc. operates in the mining industry, focusing on the exploration and production of precious metals and copper. Its subsidiary, McEwen Copper Inc., is involved in developing the Los Azules copper project in Argentina, aiming to become a leader in sustainable mining and economic development in the region.
YTD Price Performance: -10.53%
Average Trading Volume: 760,865
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $394.3M
For a thorough assessment of MUX stock, go to TipRanks’ Stock Analysis page.
