McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) 2023 PEA’s Proposed Base Case Development Strategy Expected to Measurably Reduce Environmental Impact of Mining Operations at Los Azules Project
McEwen Mining, an asset-rich diversified gold and copper producer that owns a 52% stake in McEwen Copper, recently released the results of an updated Preliminary Economic Assessment (“2023 PEA”) The 2023 PEA documented, among others, an updated independent mineral resource estimate and a base case development strategy that is distinctly different from that proposed in the 2017 PEA The recent PEA proposes the development of an open pit mine with crushing, heap leaching, and solvent extraction and electrowinning (“SW/EW”) facilities to process the mined materials, producing copper cathodes that meet LME Copper Grade A quality standards The updated development strategy…