McEwen Mining, Inc.

McEwen Mining, Inc.

McEwen Mining, Inc.

Overview
Date Founded

1979

Headquarters

150 King Street West, Suite 2800, Toronto, ON, M5H 1J9, CAN

Type of Company

Public

Employees (Worldwide)

448

Industries

Non-Energy Mining & Minerals
Metal Manufacturing & Products

Company Description

McEwen Mining, Inc. is a mining and minerals production and exploration company, which focuses on base metals in Argentina, Mexico and the United States. It operates through the following geographical segments: Mexico, MSC, Nevada, Los Azules, Canada and Other. The company was founded on July 24, 1979 and is headquartered in Toronto, Canada.

Contact Data
Trying to get in touch with decision makers at McEwen Mining, Inc.? Subscribe today to access their professional contact information and receive a one time promotion of free Contact Data credits!
Executives & Employees

Executive Chairman & Chief Owner

Chief Financial Officer

Chief Operating Officer

General Counsel & Secretary

General Manager-Mexico

Director-Mine Planning

Director-Resource Modelling

Vice President, Projects

Vice President-Environment & Community Affairs

Vice President-Corporate Development

Board of Directors

Executive Chairman & Chief Owner at McEwen Mining, Inc.

Director & Vice President at William G. Brissenden, Inc.

Venture Partner at iGan Partners

Geologist at Forest Products Holdings LLC

President at Ashby Investments LLC

President, Chief Executive Officer & Director at Grid Metals Corp.

Former Director & Global Managing Director at Hatch Ltd.

Vice President-Projects at McEwen Mining, Inc.

Paths to McEwen Mining, Inc.
Potential Connections via
Relationship Science
You
McEwen Mining, Inc.
Owners & Shareholders
Details Hidden

Weiss Asset Management seeks to achieve high risk-adjusted returns while attempting to reduce risk. The firm's primary investment strategy is designed to purchase securities at a discount to observable and measurable reference values. The private funds tend to focus on economic arbitrage trades, but they may trade trade in a wider range of financial instruments, assets and securities and types of trades and may employ such trading techniques as option transactions, margin transactions, short sales, forwards, leverage, and other derivatives trading. The private funds invest primarily in non-U.S. markets, including emerging markets throughout the world.Weiss Asset Management's AIM-Listed Fund's investment objective is to provide shareholders with an attractive return on their investment predominantly through long-term capital appreciation, but the fund also seeks to return to shareholders dividends received on an annual basis. The fund is geographically focused on South Korean companies and specifically invests mainly in listed preferred shares issued by companies incorporated in South Korea, which in many cases are currently trading at a discount to the corresponding common shares of the same companies. Weiss generally seeks to build a portfolio of South Korean preferred shares that they believe are undervalued and could appreciate based on criteria they select.

Details Hidden

Part of FoF Family Office Invest I Sverige AB, FoF Asset Management AB is a company headquartered in Gothenburg, Sweden, that provides investment advice. It was founded in 2007. Johan Berggren has been the CEO of the firm since 2017.

Details Hidden

Warberg Asset Management manages a multi-strategy hedge fund. The firm prefers to make arbitrage-style investments in warrants and convertibles and also occasionally invests in PIPEs

Recent Transactions
Details Hidden

McEwen Mining, Inc. issued USD Units Consisting of Common Stock and Warrants

Details Hidden

McEwen Mining, Inc. purchases Romios Gold Resources, Inc. /Roger Gold Property from Romios Gold Resources, Inc.

Details Hidden

McEwen Mining, Inc. purchases Primero Mining Corp. /Black Fox Mine from Primero Mining Corp.

Transaction Advisors
Legal Advisor

Advised onMcEwen Mining, Inc. issued USD Units Consisting of Common Stock and Warrants

Underwriter

Advised onMcEwen Mining, Inc. issued USD Units Consisting of Common Stock and Warrants

Escrow Agent

Advised onMcEwen Mining, Inc. issued CAD Common Stock and Warrants - Bought Deal

President & Chief Financial Officer

Advised onMcEwen Mining, Inc. issued USD Units Consisting of Common Stock and Warrants

Legal Advisor

Advised onMcEwen Mining, Inc. issued USD Units Consisting of Common Stock and Warrants

Managing Director, Metals & Mining

Advised onMcEwen Mining, Inc. issued USD Units Consisting of Common Stock and Warrants

Advisors & Consultants
Legal Advisor

Partner at Bennett Jones LLP

Clients

Sandstorm Gold finances gold mining projects through an arrangement called gold streaming. A gold stream involves Sandstorm making an upfront payment to a mining partner that is in need of capital to build their mine, refinance their obligations, complete an acquisition or for various other reasons. In exchange for that upfront payment, Sandstorm receives a contract which stipulates the purchase of a certain percentage of the gold produced from the mine, for the life of the mine, at a fixed per unit cost. To give an example, one of Sandstorm’s gold streaming agreements is with a company called Mutiny Gold (ASX-MYG). Mutiny needed capital for the development of its Deflector project in Western Australia. Sandstorm provided US$38 million to Mutiny as an upfront cash payment and in return, received a gold streaming agreement to purchase 15% of the life of mine gold produced from Deflector at US$500 per ounce.

Bank of Nova Scotia engages in the provision of financial products and services, including personal, commercial, corporate, and investment banking. It operates through the following segments: Canadian Banking, International Banking, Global Banking and Markets, and Other. The Other segment includes group treasury, smaller operating segments and business line elimination items. The company was founded on March 30, 1832 and is headquartered in Toronto, Canada.

Key Stats and Financials As of 2019
Market Capitalization
$533M
Total Enterprise Value
$468M
Earnings Per Share
$-0.17
Revenue
$117M
Net Profit
$-59.8M
EBITDA
$-26.3M
EBITDAMargin
-22.48%
Total Debt
$56.6M
Total Equity
$499M
Enterprise Value / Sales
4x
TEVNet Income
-7.83x
Debt TEV
0.12x
Five Year Compounded Annual Growth Rate Of Revenue
20.9%
Three Year Compounded Annual Growth Rate Of Revenue
24.67%
Investors
Details Hidden

Executive Chairman & Chief Owner at McEwen Mining, Inc.

Suppliers
Energold Drilling Corp. Other Business & Consulting Services | Vancouver, Canada

Energold Drilling Corp. (EGD:TSX-V) EGD is one of the largest drilling service companies in the mineral and exploration sector. Founded as an exploration company with a purpose to conduct exploration programs in remote locations with limited infrastructure and access to heavily forested properties, the Company realized the existing mineral drilling technologies and services available in the market were inadequate, and therefore developed a new specialized drilling rig that was highly mobile and would leave a minimal environmental footprint in order to meet the challenges of that particular operating environment. The company has now grown from six drilling rigs in 2006 to over 230 rigs drilling worldwide in 22 countries including the North America, South America, Africa, Asia, Central America as well as the Caribbean and the Middle East. The Company's ability to successfully manage this explosive growth in this highly volatile industry sector can be attributed to a number of key factors: Relentless commitment to ongoing research & development and upgrading its core product offerings frequently, thereby strengthening its competitive advantage resulting in higher than industry operating margins. The adoption of organizational and financial operating principles appropriate for the highly volatile mineral exploration industry and strict adherence to these principles, as demonstrated by the Company's strong balance sheet through market downturns that saw many of its competitors forced into painful re-capitalization processes. Persistent and diligent attention and focus on execution of the literally hundreds of daily tasks inherent in this is very operationally intensive business. In the past two years, Energold embarked on implementing its strategic goal to become a leading international specialty driller, successfully completing three acquisitions: Envirodrill Ltd. (U.K.), Dando International Ltd. (U.K.) and Bertram International Corp. (AB) expanding its international footprint and diversifying its service offering by providing mineral drilling, oilsands drilling and drilling rig manufacturing services to its clientele

Sandstorm Gold Ltd. Metal Manufacturing & Products | Vancouver, Canada

Sandstorm Gold finances gold mining projects through an arrangement called gold streaming. A gold stream involves Sandstorm making an upfront payment to a mining partner that is in need of capital to build their mine, refinance their obligations, complete an acquisition or for various other reasons. In exchange for that upfront payment, Sandstorm receives a contract which stipulates the purchase of a certain percentage of the gold produced from the mine, for the life of the mine, at a fixed per unit cost. To give an example, one of Sandstorm’s gold streaming agreements is with a company called Mutiny Gold (ASX-MYG). Mutiny needed capital for the development of its Deflector project in Western Australia. Sandstorm provided US$38 million to Mutiny as an upfront cash payment and in return, received a gold streaming agreement to purchase 15% of the life of mine gold produced from Deflector at US$500 per ounce.

Franco-Nevada Corp. Metal Manufacturing & Products | Toronto, Canada

Franco-Nevada Corporation is the leading gold royalty and stream company by both gold revenues and number of gold assets. The Company trades under the symbol FNV on both the Toronto and New York stock exchanges. Franco-Nevada has delivered superior returns to investors through its diversified portfolio of cash-flow producing assets and interests in some of the largest new gold development and exploration projects in the world. Franco-Nevada provides yield and more upside than a gold ETF with less risk than an operating gold company. Its business model benefits from rising commodity prices and new discoveries while limiting exposure to operating and capital cost inflation. Franco-Nevada has substantial cash with no debt and is generating growing cash flow that is being used to expand its portfolio and to increase dividends. Management and the Board are significant shareholders and are dedicated to the maximization of Franco-Nevada’s share price.

This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by McEwen Mining, Inc.. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of McEwen Mining, Inc.'s profile does not indicate a business or promotional relationship of any kind between RelSci and McEwen Mining, Inc..