McEwen Mining (MUX) has released an update.
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McEwen Mining Inc. announces the advancement of a new mine at the Stock Property within the Fox Complex, slated for production in late 2025. The project promises lower costs and increased gold production, with early cash flow expected from the East Zone, which has recently seen a significant resource increase. The mine will benefit from lower transportation costs, higher throughput, and minimal royalties compared to the existing Froome Mine.
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