McEwen (NYSE: MUX) (TSX: MUX) announced that its subsidiary McEwen Copper Inc. has signed a collaboration agreement with the International Finance Corporation (IFC), a member of the World Bank Group, to align the Los Azules copper project in Argentina with IFC’s environmental, social, and governance standards. The partnership supports potential future debt and equity financing as part of McEwen Copper’s broader strategy for the project, one of the world’s largest undeveloped copper deposits. With Environmental Impact Declaration approval secured and a feasibility study expected by October 2025, Los Azules is positioned to begin construction following final engineering and financing, advancing sustainable mining practices that emphasize transparency, lower carbon emissions, and community benefits.
To view the full press release, visit https://ibn.fm/tgeOT
About McEwen Inc.
McEwen Inc. is a gold and silver producer with operations in the Americas: Nevada (USA), Canada, Mexico, and Argentina. In addition, the company holds 46.4% of McEwen Copper, developer of the advanced-stage Los Azules copper project. Los Azules aims to be Argentina’s first regenerative copper mine, targeting carbon neutrality by 2038. A June 2023 Preliminary Economic Assessment (PEA) estimates a $2.7 billion after-tax NPV (8%) at $3.75/lb Cu, a 27-year mine life, and copper resources of 10.9 billion lbs at 0.40% Cu Indicated plus 26.7 billion lbs at 0.31% Cu Inferred. For PEA details, visit McEwen’s press release.
The company’s shares are publicly traded on the New York Stock Exchange (NYSE) and the Toronto Stock Exchange (TSX) under the symbol “MUX”.
NOTE TO INVESTORS: The latest news and updates relating to MUX are available in the company’s newsroom at https://ibn.fm/MUX
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