McEwen Mining reported 2024 revenues up with production within guidance, gross profit rising year-over-year, but a net loss of $43.7 M due mainly to McEwen Copper expenses. The company strengthened liquidity with $110 M in convertible notes, plans growth at Fox Complex and Los Azules, and forecasts higher consolidated production by 2030.
“2024 marked a pivotal year for Orla, with record production from Camino Rojo and the addition of the Musselwhite Mine expanding our footprint into Canada. While detailed guidance will be provided in the second quarter, we expect that adding Musselwhite production will more than double 2024 production. We intend to continue to invest in growth and exploration across the entire portfolio.”
Pinnacle Silver and Gold Corp. (TSXV: PINN) announced on March 18, 2025, high-grade sampling up to 12.2 g/t gold equivalent at El Potrero project (Durango, Mexico). Fieldwork started: underground sampling and plant cleaning. Historic: 45,561 t @ 8.0 g/t Au, 186 g/t Ag. No modern drilling; strong exploration upside.
Mexico Mining Center © 2021 / All Rights Reserved
