McEwen Mining (NYSE: MUX) (TSX: MUX) Subsidiary Secures Key Environmental Approval for Los Azules Copper Project

December 4, 2024 12:13:49

McEwen Mining (NYSE: MUX) (TSX: MUX), through its subsidiary McEwen Copper Inc., has achieved a significant milestone with the approval of the Environmental Impact Assessment (“EIA”) for its Los Azules copper project in Argentina. Granted by the San Juan Provincial Government’s Ministry of Mines, the approval reflects McEwen Mining’s commitment to sustainable practices and positions the project for feasibility studies, construction, and operation. Designed for renewable energy use and carbon neutrality by 2038, Los Azules reinforces McEwen Mining’s leadership in modern, environmentally responsible mining. A definitive feasibility study is anticipated in early 2025, with construction potentially beginning in 2026.

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About McEwen Mining Inc.

McEwen Mining is a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina. In addition, the company owns approximately 47.7% of McEwen Copper, which is developing 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 the share price and providing a yield. Rob McEwen, chair and chief owner, has a personal investment in the company of $220 million and takes an annual salary of $1. To learn more about the company, visit www.McEwenMining.com.

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